NAMOI COTTON LIMITED (NAM)
Share Price Analysis and Chart

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NAM - NAMOI COTTON LIMITED

FNArena Sector : Agriculture
Year End: February
GICS Industry Group : Commercial & Professional Services
Debt/EBITDA: 3.12
Index:

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.37

02 Oct
2023

0.005

OPEN

$0.37

1.37%

HIGH

$0.37

1,378

LOW

$0.37

TARGET
$0.45 21.6% upside
Franking for last dividend paid out: 80%
OTHER COMPANIES IN THE SAME SECTOR
AAC . AMN . APC . CBO . CGC . D2O . ELD . GNC . HFR . IPL . LGL . MWY . NUF . RIC . SGLLV . SHV . TFL . UMG . WLD .
FNARENA'S MARKET CONSENSUS FORECASTS
NAM: 1
Title FY22
Actual		 FY23
Actual		 FY24
Forecast		 FY25
Forecast
EPS (cps) xxx 2.2 1.8 xxx
DPS (cps) xxx 0.0 0.7 xxx
EPS Growth xxx N/A - 17.1% xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A 20.6 xxx
Dividend Yield xxx N/A 1.9% xxx
Div Pay Ratio(%) xxx 0.0% 38.9% xxx

Dividend yield today if purchased 3 years ago: 0.00%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 0.00

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 02/07 - (franking ex-di

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2023 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx2.2
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx256.9 M
Book Value Per Share xxxxxxxxxxxxxxx65.2
Net Operating Cash Flow xxxxxxxxxxxxxxx-1.0 M
Net Profit Margin xxxxxxxxxxxxxxx1.54 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx3.18 %
Return on Invested Capital xxxxxxxxxxxxxxx2.38 %
Return on Assets xxxxxxxxxxxxxxx1.70 %
Return on Equity xxxxxxxxxxxxxxx3.18 %
Return on Total Capital xxxxxxxxxxxxxxx3.20 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-10.8 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx14 M
Long Term Debt xxxxxxxxxxxxxxx38 M
Total Debt xxxxxxxxxxxxxxx52 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx5 M
Price To Book Value xxxxxxxxxxxxxxx0.71

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx9.8 M
Capex % of Sales xxxxxxxxxxxxxxx3.82 %
Cost of Goods Sold xxxxxxxxxxxxxxx237 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx15 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx0 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.0

No. Of Recommendations

1
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Morgans

24/05/2023

3

Downgrade to Hold from Add

$0.45

21.62%

FY23 earnings (EBITDA) of $18.3m for Namoi Cotton beat recently downgraded guidance of $15-17m. However, Morgans moves to a Hold rating from Buy as earnings are set to decline in FY24 and the share price lacks near-term catalysts.

The analyst feels listed agricultural stocks in general may struggle over the coming months as the Bureau of Metereology is forecasting dry conditions.

Nonetheless, Namoi Cotton should benefit from well above average cotton crops over the next couple of years, as there is currently ample water in key dams and storages.

The target declines to 45c from 57c.

FORECAST
Morgans forecasts a full year FY24 dividend of 0.70 cents and EPS of 1.80 cents.
Morgans forecasts a full year FY25 dividend of 0.90 cents and EPS of 2.30 cents.
Access Stockbroker Research History >

NAM STOCK CHART

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