AUSTAL LIMITED (ASB)
Share Price Analysis and Chart

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ASB - AUSTAL LIMITED

FNArena Sector : Commercial Services & Supplies
Year End: June
GICS Industry Group : Capital Goods
Debt/EBITDA: 7.24
Index: ASX300 | ALL-ORDS

Austal is an Australian ship building company and defence contractor. It specialises in the design, construction and support of defence and commercial vessels. It has been a listed company since 1998.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$1.85

07 Dec
2023

0.000

OPEN

$1.86

0.000

HIGH

$1.86

285,533

LOW

$1.84

TARGET
$2.483 34.2% upside
Franking for last dividend paid out: 0%
OTHER COMPANIES IN THE SAME SECTOR
AIM . ANN . CUP . DGL . KPG . QHL . RDX . SRV .
FNARENA'S MARKET CONSENSUS FORECASTS
ASB: 1
Title FY22
Actual		 FY23
Actual		 FY24
Forecast		 FY25
Forecast
EPS (cps) xxx - 3.8 4.6 xxx
DPS (cps) xxx 7.0 7.3 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx - 12.5% 4.8% xxx
PE Ratio xxx N/A 40.5 xxx
Dividend Yield xxx N/A 4.0% xxx
Div Pay Ratio(%) xxx N/A 160.6% xxx

Dividend yield today if purchased 3 years ago: 2.42%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 3.78

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: 14/09 - ex-div 3c (franking 0%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2023 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx-3.8
DPS All xxxxxxxxxxxxxxx7.0
Sales/Revenue xxxxxxxxxxxxxxx1,585.0 M
Book Value Per Share xxxxxxxxxxxxxxx262.8
Net Operating Cash Flow xxxxxxxxxxxxxxx86.7 M
Net Profit Margin xxxxxxxxxxxxxxx-0.87 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx-1.47 %
Return on Invested Capital xxxxxxxxxxxxxxx-1.18 %
Return on Assets xxxxxxxxxxxxxxx-0.76 %
Return on Equity xxxxxxxxxxxxxxx-1.47 %
Return on Total Capital xxxxxxxxxxxxxxx-2.27 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-68.8 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 xxxxxxxxxxxxxxx5 M
Long Term Debt xxxxxxxxxxxxxxx235 M
Total Debt xxxxxxxxxxxxxxx240 M
Goodwill - Gross xxxxxxxxxxxxxxx32 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx179 M
Price To Book Value xxxxxxxxxxxxxxx0.90

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx128.6 M
Capex % of Sales xxxxxxxxxxxxxxx8.11 %
Cost of Goods Sold xxxxxxxxxxxxxxx1,486 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx126 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx15 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

0.7

No. Of Recommendations

3
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Bell Potter

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Citi

08/09/2023

1

Buy

$2.75

48.65%

Buy rating retained as the broker responds to Austal being awarded the LCU 1700 award at a much higher price than what was expected.

Only three vessels have been awarded, the broker observes, of a total potential of 12. Is the US Navy hamstrung by budget limitations, or is something else in play?

Target $2.75 (unchanged).

FORECAST
Citi forecasts a full year FY24 dividend of 7.00 cents and EPS of minus -3.80 cents.
Citi forecasts a full year FY25 dividend of 3.00 cents and EPS of 8.60 cents.

Macquarie

xx/xx/xxxx

3

xxxxxxxxx xx xxxxxxx xxxx xxxxxxxxxx

$xx.xx

xx.xx%

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Login above or Get a Free Trial
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ASB STOCK CHART

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