QUBE HOLDINGS LIMITED (QUB)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

QUB - QUBE HOLDINGS LIMITED

FNArena Sector : Transportation & Logistics
Year End: June
GICS Industry Group : Transportation
Debt/EBITDA: 3.76
Index: ASX100 | ASX200 | ASX300 | ALL-ORDS

Qube Holdings is an Australian diversified logistics, transport and infrastructure company. First listed in 2007, the name Qube was adopted in 2010.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$3.03

06 Dec
2023

0.080

OPEN

$2.97

2.71%

HIGH

$3.04

4,191,072

LOW

$2.95

TARGET
$3.438 13.4% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
a2b . ACE . AIZ . AQZ . AVD . AZJ . BXB . CLX . ERD . KLS . KSC . LAU . NTD . QAN . SLH . SPZ . SST . THL . WTC . Z2U .
FNARENA'S MARKET CONSENSUS FORECASTS
QUB: 1
Title FY22
Actual		 FY23
Actual		 FY24
Forecast		 FY25
Forecast
EPS (cps) xxx 10.0 13.6 xxx
DPS (cps) xxx 8.1 8.1 xxx
EPS Growth xxx 51.3% 36.7% xxx
DPS Growth xxx 15.7% 0.4% xxx
PE Ratio xxx N/A 22.1 xxx
Dividend Yield xxx N/A 2.7% xxx
Div Pay Ratio(%) xxx 81.2% 59.7% xxx

Dividend yield today if purchased 3 years ago: 2.73%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 2.67

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: 18/09 - ex-div 4.35c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2023 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx10.0
DPS All xxxxxxxxxxxxxxx8.1
Sales/Revenue xxxxxxxxxxxxxxx2,812.6 M
Book Value Per Share xxxxxxxxxxxxxxx172.0
Net Operating Cash Flow xxxxxxxxxxxxxxx392.0 M
Net Profit Margin xxxxxxxxxxxxxxx6.25 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx5.84 %
Return on Invested Capital xxxxxxxxxxxxxxx3.72 %
Return on Assets xxxxxxxxxxxxxxx2.93 %
Return on Equity xxxxxxxxxxxxxxx5.84 %
Return on Total Capital xxxxxxxxxxxxxxx5.31 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-185.2 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 xxxxxxxxxxxxxxx418 M
Long Term Debt xxxxxxxxxxxxxxx1,620 M
Total Debt xxxxxxxxxxxxxxx2,038 M
Goodwill - Gross xxxxxxxxxxxxxxx813 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx192 M
Price To Book Value xxxxxxxxxxxxxxx1.66

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx440.4 M
Capex % of Sales xxxxxxxxxxxxxxx15.66 %
Cost of Goods Sold xxxxxxxxxxxxxxx2,488 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx59 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx716 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

0.5

No. Of Recommendations

4
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Ord Minnett

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

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

Citi

29/08/2023

1

Buy

$3.80

25.41%

Qube Holdings has disclosed a $2.4bn internal valuation for its Patrick stake, which compares to Patrick's $1bn tag in 2016.

Citi observes this represents an internal rate of return of 19%. While suspecting the premium multiple may be justified, Citi values the stake at a -30% discount - $1.7bn - exploring the prospect that Patrick may be being prepared for sale (by no means certain).

The broker upgrades earnings (EBIT) forecasts accordingly but expects higher interest costs will offset these at the net profit after tax level.

Buy rating retained. Target price rises to $3.80 from $3.75. 

Citi had earlier concluded Qube's FY23 was an in-line result complemented with a resilient outlook. The analysts had pointed out management at the company is looking for modest growth despite deteriorating economic conditions.

FORECAST
Citi forecasts a full year FY24 dividend of 8.10 cents and EPS of 12.80 cents.
Citi forecasts a full year FY25 dividend of 8.60 cents and EPS of 13.60 cents.

Morgan Stanley

xx/xx/xxxx

3

xxxxx-xxxxxx

$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 >

QUB STOCK CHART

FNArena News on QUB

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

Nov 30 2023 - ESG Focus
2
ESG Focus: Day Of The TRIFRS

Nov 09 2023 - ESG Focus
3
ESG Focus: ESG-Linked Remuneration Now In Focus

Oct 19 2023 - ESG Focus
4
Australian Broker Call *Extra* Edition – Sep 27, 2023

Sep 27 2023 - Daily Market Reports
5
ESG Focus: Reporting Season A Cracker For ESG

Sep 14 2023 - ESG Focus

Latest Transportation & Logistics News

1
Treasure Chest: Silk Logistics

Sep 28 2023 - Treasure Chest
2
Lindsay Australia: Transported To Growth

Sep 13 2023 - Small Caps
3
Qantas Flying High, But Sustainability In Question

May 24 2023 - Australia
4
A Better Brambles Exudes Confidence

Mar 01 2023 - Australia
5
Price Performance Drives Brambles’ Turnaround

Oct 20 2022 - Australia
6
Brambles Executes On Pricing & Costs

Aug 19 2022 - Australia
7
Trouble On The Aurizon

Aug 10 2022 - Australia
8
Brambles: No Plastic, Fantastic

Jul 04 2022 - Australia
9
Brambles: Worth Holding

May 17 2022 - Technicals
10
Brambles In The Weeds Over Plastic Indecision

Apr 26 2022 - Australia