ADBRI LIMITED (ABC)
Share Price Analysis and Chart

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ABC - ADBRI LIMITED

FNArena Sector : Building Products & Services
Year End: December
GICS Industry Group : Materials
Debt/EBITDA: 4.03
Index: ASX300 | ALL-ORDS

Adbri, previously known as Adelaide Brighton, is a cement and building materials manufacturer and supplier. It is the largest producer of lime in Australia. It has been a listed company since 1962.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$2.10

07 Dec
2023

-0.030

OPEN

$2.13

-1.41%

HIGH

$2.13

263,936

LOW

$2.09

TARGET
$2.17 3.3% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
ACF . BKW . BLD . BRI . CSR . FBR . FBU . JHX . JLG . MGH . RWC . SFC . SRG . WGN .
FNARENA'S MARKET CONSENSUS FORECASTS
ABC: 1
Title FY21
Actual		 FY22
Actual		 FY23
Forecast		 FY24
Forecast
EPS (cps) xxx 15.7 16.1 xxx
DPS (cps) xxx 5.0 1.8 xxx
EPS Growth xxx - 12.1% 2.3% xxx
DPS Growth xxx - 60.0% - 64.0% xxx
PE Ratio xxx N/A 13.1 xxx
Dividend Yield xxx N/A 0.9% xxx
Div Pay Ratio(%) xxx 31.8% 11.2% xxx

Dividend yield today if purchased 3 years ago: 1.55%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 2.37

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: 21/09 - ex-div 5c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2023 FactSet UK Limited. All rights reserved
Title 201720182019202020212022
EPS Basic xxxxxxxxxxxxxxx15.7
DPS All xxxxxxxxxxxxxxx5.0
Sales/Revenue xxxxxxxxxxxxxxx1,700.3 M
Book Value Per Share xxxxxxxxxxxxxxx199.3
Net Operating Cash Flow xxxxxxxxxxxxxxx166.4 M
Net Profit Margin xxxxxxxxxxxxxxx6.03 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201720182019202020212022
Return on Capital Employed xxxxxxxxxxxxxxx7.99 %
Return on Invested Capital xxxxxxxxxxxxxxx5.13 %
Return on Assets xxxxxxxxxxxxxxx4.16 %
Return on Equity xxxxxxxxxxxxxxx7.99 %
Return on Total Capital xxxxxxxxxxxxxxx3.83 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-167.0 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 201720182019202020212022
Short-Term Debt xxxxxxxxxxxxxxx5 M
Long Term Debt xxxxxxxxxxxxxxx794 M
Total Debt xxxxxxxxxxxxxxx799 M
Goodwill - Gross xxxxxxxxxxxxxxx304 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx140 M
Price To Book Value xxxxxxxxxxxxxxx0.83

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201720182019202020212022
Capex xxxxxxxxxxxxxxx255.1 M
Capex % of Sales xxxxxxxxxxxxxxx15.00 %
Cost of Goods Sold xxxxxxxxxxxxxxx1,508 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx115 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx325 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

-0.3

No. Of Recommendations

5
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Citi

xx/xx/xxxx

3

xxxxxxx xx xxxxxxx xxxx xxxx

$xx.xx

xx.xx%

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Ord Minnett

xx/xx/xxxx

4

xxxxxxx

$xx.xx

xx.xx%

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Macquarie

30/08/2023

5

Downgrade to Underperform from Neutral

$2.00

-4.76%

First half results were weaker than expected and volume was the main concern for Macquarie, with Adbri flagging emerging softness in residential activity, expected to worsen as the pipeline of work thins out.

Modest sequential earnings growth is expected in the second half yet the outlook beyond this is unclear, the broker asserts. Rating is downgraded to Underperform from Neutral. Target is reduced to $2.00 from $2.45.

FORECAST
Macquarie forecasts a full year FY23 dividend of 0.00 cents and EPS of 15.50 cents.
Macquarie forecasts a full year FY24 dividend of 4.00 cents and EPS of 13.60 cents.

Morgan Stanley

xx/xx/xxxx

3

xxxxx-xxxxxx

$xx.xx

xx.xx%

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Login above or Get a Free Trial

UBS

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial
Access Stockbroker Research History >

ABC STOCK CHART

FNArena News on ABC

1
ESG Focus: The Little Big Things – 30-11-2023

Nov 30 2023 - ESG Focus
2
Weekly Ratings, Targets, Forecast Changes – 24-11-23

Nov 27 2023 - Weekly Reports
3
In Case You Missed It – BC Extra Upgrades & Downgrades – 13-10-23

Oct 13 2023 - Weekly Reports
4
Australian Broker Call *Extra* Edition – Oct 11, 2023

Oct 11 2023 - Daily Market Reports
5
Rudi’s View: CSL, ResMed, Domino’s Pizza, Helloworld, Iress and Liontown

Oct 11 2023 - Rudi's View

Latest Building Products & Services News

1
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Oct 04 2023 - Australia
2
Analysts In Love With James Hardie, Yet Again

Aug 23 2023 - Australia
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Apr 04 2023 - Treasure Chest
5
Added Bite from Reliance Worldwide’s New Products

Mar 30 2023 - Australia
6
Boral Shares Surge, Brokers Remain Cautious

Feb 09 2023 - Australia
7
Eye On (Small Cap) Building & Materials Stocks

Feb 01 2023 - Small Caps
8
Cost Blow-Out Rattles Fletcher Building

Dec 21 2022 - Australia
9
Divided Opinions on Reliance Worldwide

Dec 21 2022 - Australia
10
Maas Moves In On Melbourne Market

Dec 12 2022 - Small Caps