EMECO HOLDINGS LIMITED (EHL)
Share Price Analysis and Chart

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EHL - EMECO HOLDINGS LIMITED

FNArena Sector : Mining Sector Contracting
Year End: June
GICS Industry Group : Capital Goods
Debt/EBITDA: 1.44
Index: ALL-ORDS

Emeco Holdings is an Australian mining and earth moving equipment rental company. Founded in 1972 as the EarthMoving Equipment Company, it listed on the ASX in 2006.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.64

03 Oct
2023

0.005

OPEN

$0.64

0.79%

HIGH

$0.64

45,398

LOW

$0.62

TARGET
$1.08 68.8% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
ALQ . ANG . BLY . C79 . CDA . CDD . DCG . DDH . DOW . GNG . IMD . IPG . IPL . LBL . LYL . MAD . MAH . MIN . MLG . MND . MSV . MYE . NWH . ORI . PRN . RAN . RCR . RDG . RUL . SRG . SVW . SXE . XRF .
FNARENA'S MARKET CONSENSUS FORECASTS
EHL: 1
Title FY22
Actual		 FY23
Actual		 FY24
Forecast		 FY25
Forecast
EPS (cps) xxx 8.0 12.6 xxx
DPS (cps) xxx 2.5 3.0 xxx
EPS Growth xxx - 34.1% 57.7% xxx
DPS Growth xxx 0.0% 20.0% xxx
PE Ratio xxx N/A 4.8 xxx
Dividend Yield xxx N/A 4.9% xxx
Div Pay Ratio(%) xxx 31.3% 23.8% xxx

Dividend yield today if purchased 3 years ago: 3.09%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 4.10

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: 07/09 - ex-div 1.25c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2023 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx8.0
DPS All xxxxxxxxxxxxxxx2.5
Sales/Revenue xxxxxxxxxxxxxxx874.9 M
Book Value Per Share xxxxxxxxxxxxxxx114.3
Net Operating Cash Flow xxxxxxxxxxxxxxx206.4 M
Net Profit Margin xxxxxxxxxxxxxxx4.72 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx7.15 %
Return on Invested Capital xxxxxxxxxxxxxxx4.75 %
Return on Assets xxxxxxxxxxxxxxx3.91 %
Return on Equity xxxxxxxxxxxxxxx7.15 %
Return on Total Capital xxxxxxxxxxxxxxx8.84 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx14.0 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 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx24 M
Long Term Debt xxxxxxxxxxxxxxx299 M
Total Debt xxxxxxxxxxxxxxx323 M
Goodwill - Gross xxxxxxxxxxxxxxx8 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx47 M
Price To Book Value xxxxxxxxxxxxxxx0.57

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx179.4 M
Capex % of Sales xxxxxxxxxxxxxxx20.51 %
Cost of Goods Sold xxxxxxxxxxxxxxx695 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx101 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx-

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

1.0

No. Of Recommendations

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

Macquarie

12/09/2023

1

Outperform

$1.08

68.75%

Macquarie revises forecasts to reflect Emeco Holdings' guidance for depreciation of $160m, well ahead of prior forecasts of $145m.

Sustaining capital expenditure is expected to be in line with depreciation and there are no changes to the broker's revenue or EBITDA forecasts. Outperform rating and $1.08 target maintained.

FORECAST
Macquarie forecasts a full year FY24 dividend of 3.00 cents and EPS of 12.60 cents.
Macquarie forecasts a full year FY25 dividend of 4.40 cents and EPS of 14.50 cents.
Access Stockbroker Research History >

EHL STOCK CHART

FNArena News on EHL

1
Rudi’s Views: August 2023 – Winners & Losers

Sep 13 2023 - Rudi's View
2
Australian Broker Call *Extra* Edition – Aug 29, 2023

Aug 29 2023 - Daily Market Reports
3
FNArena Corporate Results Monitor – 24-08-2023

Aug 24 2023 - Australia
4
Australian Broker Call *Extra* Edition – Jun 19, 2023

Jun 19 2023 - Daily Market Reports
5
Rudi’s View: Fear & Greed (Rinse & Repeat)

Mar 15 2023 - Rudi's View

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