VULCAN STEEL LIMITED (VSL)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

VSL - VULCAN STEEL LIMITED

FNArena Sector : Steel & Scrap
Year End: June
GICS Industry Group : No Sector
Debt/EBITDA: 3.12
Index: ASX300 | ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$7.88

18 Apr
2024

-0.110

OPEN

$7.85

-1.38%

HIGH

$7.95

61,824

LOW

$7.77

TARGET
$8.40 6.6% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
BSL . SGM .
FNARENA'S MARKET CONSENSUS FORECASTS
VSL: 1
Title FY24
Forecast		 FY25
Forecast
EPS (cps) 36.1 xxx
DPS (cps) 26.9 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio 21.8 xxx
Dividend Yield 3.4% xxx
Div Pay Ratio(%) 74.4% xxx
This company reports in NZD.
All estimates have been converted into AUD by FNArena at present FX values.

Dividend yield today if purchased 3 years ago: N/A

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 6.53

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: 29/02 - ex-div 11.16c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 20192020202120222023
EPS Basic xxxxxxxxxxxx61.2
DPS All xxxxxxxxxxxx57.4
Sales/Revenue xxxxxxxxxxxx1,139.1 M
Book Value Per Share xxxxxxxxxxxx130.2
Net Operating Cash Flow xxxxxxxxxxxx133.0 M
Net Profit Margin xxxxxxxxxxxx7.06 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 20192020202120222023
Return on Capital Employed xxxxxxxxxxxx47.50 %
Return on Invested Capital xxxxxxxxxxxx12.60 %
Return on Assets xxxxxxxxxxxx9.71 %
Return on Equity xxxxxxxxxxxx47.50 %
Return on Total Capital xxxxxxxxxxxx22.94 %
Free Cash Flow ex dividends xxxxxxxxxxxx34.1 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 20192020202120222023
Short-Term Debt xxxxxxxxxxxx21 M
Long Term Debt xxxxxxxxxxxx577 M
Total Debt xxxxxxxxxxxx598 M
Goodwill - Gross xxxxxxxxxxxx12 M
Cash & Equivalents - Generic xxxxxxxxxxxx19 M
Price To Book Value xxxxxxxxxxxx6.31

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 20192020202120222023
Capex xxxxxxxxxxxx21.0 M
Capex % of Sales xxxxxxxxxxxx1.84 %
Cost of Goods Sold xxxxxxxxxxxx774 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxx214 M
Research & Development xxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxx-

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

2
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Morgans

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

UBS

14/02/2024

1

Buy

$8.20

4.06%

Vulcan Steel's H1 performance marginally beat forecasts by UBS with the broker observing overall activity seems to be stabilising, but a lot needs to happen still to drive an earnings recovery in H2.

As per the broker's explanation, H2 offers seasonally weaker sales because it has less trading days.

Overall, it is the broker's assessment Vulcan Steel delivered a "solid" performance amidst tough trading conditions. Buy. Target $8.20.

FORECAST
UBS forecasts a full year FY24 dividend of 26.86 cents and EPS of 36.12 cents.
UBS forecasts a full year FY25 dividend of 43.53 cents and EPS of 58.34 cents.
Access Stockbroker Research History >

VSL STOCK CHART

FNArena News on VSL

1
Material Matters: Pressure On Dividends, Steel & Iron Ore

Apr 04 2024 - Commodities
2
Australian Broker Call *Extra* Edition – Feb 16, 2024

Feb 16 2024 - Daily Market Reports
3
FNArena Corporate Results Monitor – 14-02-2024

Feb 14 2024 - Australia
4
Rudi’s View: Corporate Travel, Hansen, IPH, NextDC & Macquarie Technology

Feb 08 2024 - Rudi's View
5
Australian Broker Call *Extra* Edition – Nov 20, 2023

Nov 20 2023 - Daily Market Reports

Latest Steel & Scrap News

1
ESG Focus: The Little Big Things – 23-11-2023

Nov 23 2023 - ESG Focus
2
Short Term Pain Continues For Sims

Sep 14 2023 - Australia
3
ESG Focus: Green Steel Innovation On Fire

Jun 22 2023 - ESG Focus
4
ESG Focus: Green Steel Rolling In

Jun 15 2023 - ESG Focus
5
BlueScope Steel Undervalued?

Nov 21 2022 - Australia
6
BlueScope Steel Committed To Emissions Targets

Sep 28 2022 - ESG Focus
7
BlueScope Steel Transforms US Operations

Apr 13 2022 - Australia
8
Sims Shines In The Scrap Yard

Feb 16 2022 - Australia
9
Positive Trends Should Galvanise Sims

Nov 11 2021 - Australia
10
ESG Focus: Forrest’s Green Steel Plan

Jun 02 2021 - ESG Focus