Latest news with #FleetwoodLimited
Yahoo
21-04-2025
- Business
- Yahoo
Austin Engineering And 2 Other ASX Penny Stock Opportunities
The Australian stock market recently showed resilience, with the ASX climbing above 7,800 points despite mixed signals from Wall Street. This landscape presents opportunities for investors interested in smaller or newer companies, where penny stocks—though an old term—still hold potential value. These stocks can offer a mix of affordability and growth potential when backed by strong financials, making them intriguing options for those seeking under-the-radar investments. Name Share Price Market Cap Financial Health Rating CTI Logistics (ASX:CLX) A$1.57 A$122.48M ★★★★☆☆ MotorCycle Holdings (ASX:MTO) A$2.10 A$154.99M ★★★★★★ EZZ Life Science Holdings (ASX:EZZ) A$1.58 A$74.53M ★★★★★★ IVE Group (ASX:IGL) A$2.35 A$362.33M ★★★★★☆ GTN (ASX:GTN) A$0.60 A$115.38M ★★★★★★ West African Resources (ASX:WAF) A$2.42 A$2.76B ★★★★★★ Bisalloy Steel Group (ASX:BIS) A$3.19 A$151.37M ★★★★★★ Regal Partners (ASX:RPL) A$1.795 A$603.41M ★★★★★★ NRW Holdings (ASX:NWH) A$2.47 A$1.13B ★★★★★☆ LaserBond (ASX:LBL) A$0.3825 A$44.88M ★★★★★★ Click here to see the full list of 984 stocks from our ASX Penny Stocks screener. Let's explore several standout options from the results in the screener. Simply Wall St Financial Health Rating: ★★★★★☆ Overview: Austin Engineering Limited, with a market cap of A$269.76 million, operates in the industrial and resources sectors by manufacturing, repairing, overhauling, and supplying mining attachment products and related services. Operations: Austin Engineering generates revenue across three main geographical segments: Asia-Pacific (A$169.08 million), North America (A$117.15 million), and South America (A$53.59 million). Market Cap: A$269.76M Austin Engineering, with a market cap of A$269.76 million, has shown robust financial health and growth potential within the industrial sector. Recent earnings for H1 2025 reported sales of A$170.15 million, reflecting an increase from the previous year. The company maintains strong interest coverage with EBIT at 16.8x its interest payments and a satisfactory net debt to equity ratio of 7.5%. While Return on Equity is relatively low at 18.1%, Austin's earnings growth outpaces industry averages and forecasts suggest continued revenue expansion by 12% in fiscal year 2025, supported by a solid order book and strategic management oversight. Jump into the full analysis health report here for a deeper understanding of Austin Engineering. Understand Austin Engineering's earnings outlook by examining our growth report. Simply Wall St Financial Health Rating: ★★★★★★ Overview: Fleetwood Limited, with a market cap of A$237.69 million, operates in Australia and New Zealand where it designs, manufactures, sells, and installs modular accommodation and buildings. Operations: The company generates revenue through its RV Solutions segment with A$71.51 million, Building Solutions segment at A$340.12 million, and Community Solutions segment contributing A$50.02 million. Market Cap: A$237.69M Fleetwood Limited, with a market cap of A$237.69 million, has shown mixed performance indicators relevant to penny stock investors. Despite negative earnings growth over the past year and a net profit margin decline to 1%, the company remains debt-free and its short-term assets exceed liabilities. The recent buyback program indicates strategic capital allocation, while earnings for H1 2024 rose to A$271.94 million from A$228.92 million a year earlier, alongside an increased dividend of A$0.115 per share. However, Fleetwood's return on equity is low at 2.7% and substantial one-off losses have impacted financial results recently. Unlock comprehensive insights into our analysis of Fleetwood stock in this financial health report. Evaluate Fleetwood's prospects by accessing our earnings growth report. Simply Wall St Financial Health Rating: ★★★★★☆ Overview: Navigator Global Investments, trading as HFA Holdings Limited, is a fund management company based in Australia with a market capitalization of A$862.54 million. Operations: The company generates its revenue primarily from its Lighthouse segment, which accounts for $137.95 million. Market Cap: A$862.54M Navigator Global Investments, with a market cap of A$862.54 million, presents both opportunities and challenges for penny stock investors. The company reported significant earnings growth of 306.8% over the past year, bolstered by a large one-off gain of US$53.8 million impacting its recent financials. Despite this boost, its return on equity remains low at 17.1%. Navigator's debt is well-covered by operating cash flow and it has more cash than total debt, indicating financial stability. However, future earnings are forecast to decline by an average of 11% per year over the next three years amidst stable weekly volatility at 7%. Click here and access our complete financial health analysis report to understand the dynamics of Navigator Global Investments. Assess Navigator Global Investments' future earnings estimates with our detailed growth reports. Click here to access our complete index of 984 ASX Penny Stocks. Interested In Other Possibilities? This technology could replace computers: discover the 21 stocks are working to make quantum computing a reality. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include ASX:ANG ASX:FWD and ASX:NGI. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Yahoo
21-04-2025
- Business
- Yahoo
Is Now An Opportune Moment To Examine Fleetwood Limited (ASX:FWD)?
While Fleetwood Limited (ASX:FWD) might not have the largest market cap around , it received a lot of attention from a substantial price increase on the ASX over the last few months. The company is now trading at yearly-high levels following the recent surge in its share price. Less-covered, small caps tend to present more of an opportunity for mispricing due to the lack of information available to the public, which can be a good thing. So, could the stock still be trading at a low price relative to its actual value? Let's take a look at Fleetwood's outlook and value based on the most recent financial data to see if the opportunity still exists. Our free stock report includes 3 warning signs investors should be aware of before investing in Fleetwood. Read for free now. Fleetwood is currently expensive based on our price multiple model, where we look at the company's price-to-earnings ratio in comparison to the industry average. In this instance, we've used the price-to-earnings (PE) ratio given that there is not enough information to reliably forecast the stock's cash flows. We find that Fleetwood's ratio of 51.8x is above its peer average of 19.26x, which suggests the stock is trading at a higher price compared to the Consumer Durables industry. Furthermore, Fleetwood's share price also seems relatively stable compared to the rest of the market, as indicated by its low beta. If you believe the share price should eventually reach levels around its industry peers, a low beta could suggest it is unlikely to rapidly do so anytime soon, and once it's there, it may be hard to fall back down into an attractive buying range. See our latest analysis for Fleetwood Investors looking for growth in their portfolio may want to consider the prospects of a company before buying its shares. Although value investors would argue that it's the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. Fleetwood's earnings over the next few years are expected to double, indicating a very optimistic future ahead. This should lead to stronger cash flows, feeding into a higher share value. Are you a shareholder? FWD's optimistic future growth appears to have been factored into the current share price, with shares trading above industry price multiples. At this current price, shareholders may be asking a different question – should I sell? If you believe FWD should trade below its current price, selling high and buying it back up again when its price falls towards the industry PE ratio can be profitable. But before you make this decision, take a look at whether its fundamentals have changed. Are you a potential investor? If you've been keeping an eye on FWD for a while, now may not be the best time to enter into the stock. The price has surpassed its industry peers, which means it is likely that there is no more upside from mispricing. However, the positive outlook is encouraging for FWD, which means it's worth diving deeper into other factors in order to take advantage of the next price drop. In light of this, if you'd like to do more analysis on the company, it's vital to be informed of the risks involved. At Simply Wall St, we found 3 warning signs for Fleetwood and we think they deserve your attention. If you are no longer interested in Fleetwood, you can use our free platform to see our list of over 50 other stocks with a high growth potential. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
07-03-2025
- Business
- Yahoo
ASX Penny Stocks Spotlight Aurelia Metals And Two Others
The Australian market has been experiencing turbulence, with the ASX 200 futures indicating a further downturn and concerns over stalled household spending. Despite these challenges, opportunities can still be found in certain investment areas, such as penny stocks. While the term "penny stocks" may seem outdated, it remains relevant for identifying smaller or newer companies that could offer potential growth when backed by strong financial health. Name Share Price Market Cap Financial Health Rating EZZ Life Science Holdings (ASX:EZZ) A$1.68 A$79.25M ★★★★★★ GTN (ASX:GTN) A$0.52 A$102.12M ★★★★★★ IVE Group (ASX:IGL) A$2.38 A$368.64M ★★★★★☆ Regal Partners (ASX:RPL) A$3.10 A$1.04B ★★★★★★ Bisalloy Steel Group (ASX:BIS) A$3.27 A$156.64M ★★★★★★ West African Resources (ASX:WAF) A$2.11 A$2.4B ★★★★★★ GR Engineering Services (ASX:GNG) A$2.86 A$478.16M ★★★★★★ MotorCycle Holdings (ASX:MTO) A$1.99 A$146.87M ★★★★★★ CTI Logistics (ASX:CLX) A$1.76 A$137.3M ★★★★☆☆ Accent Group (ASX:AX1) A$1.875 A$1.06B ★★★★☆☆ Click here to see the full list of 1,012 stocks from our ASX Penny Stocks screener. Underneath we present a selection of stocks filtered out by our screen. Simply Wall St Financial Health Rating: ★★★★☆☆ Overview: Aurelia Metals Limited is an Australian company focused on the exploration and production of mineral properties, with a market cap of A$363.69 million. Operations: The company's revenue is derived from its operations at the Peak Mine (A$245.13 million), Dargues Mine (A$73.90 million), and Hera Mine (A$5.98 million). Market Cap: A$363.69M Aurelia Metals has shown a turnaround by becoming profitable in the past year, with net income of A$17.95 million for the half year ended December 31, 2024, compared to a net loss previously. The company's short-term assets significantly exceed both its short and long-term liabilities, indicating strong financial health. Despite having more cash than total debt and operating cash flow covering debt well over expectations, the board and management are relatively inexperienced with average tenures under three years. While trading below estimated fair value, interest coverage remains slightly below optimal levels at 2.6 times EBIT. Click here and access our complete financial health analysis report to understand the dynamics of Aurelia Metals. Examine Aurelia Metals' earnings growth report to understand how analysts expect it to perform. Simply Wall St Financial Health Rating: ★★★★★★ Overview: Fleetwood Limited, with a market cap of A$222.78 million, operates in Australia and New Zealand by designing, manufacturing, selling, and installing modular accommodation and buildings. Operations: The company's revenue is derived from three main segments: Building Solutions (A$340.12 million), RV Solutions (A$71.51 million), and Community Solutions (A$50.02 million). Market Cap: A$222.78M Fleetwood Limited, with a market cap of A$222.78 million, has demonstrated mixed performance as a penny stock. The company's recent half-year earnings showed an increase in sales to A$271.94 million and net income of A$4.66 million, indicating some growth despite lower profit margins than the previous year. Fleetwood's dividend yield of 9.62% is not well covered by earnings, raising sustainability concerns despite the recent dividend increase announcement. The company remains debt-free with short-term assets exceeding liabilities, yet its return on equity is low at 2.7%. Earnings are forecast to grow significantly at 37.41% annually according to consensus estimates. Take a closer look at Fleetwood's potential here in our financial health report. Explore Fleetwood's analyst forecasts in our growth report. Simply Wall St Financial Health Rating: ★★★★★☆ Overview: Kingsgate Consolidated Limited is involved in the exploration, development, and mining of gold and silver mineral properties, with a market capitalization of A$353.12 million. Operations: Kingsgate Consolidated Limited generates revenue primarily from its Chatree segment, amounting to A$210.69 million. Market Cap: A$353.12M Kingsgate Consolidated Limited, with a market cap of A$353.12 million, has shown significant earnings growth of 1203% over the past year, driven by its Chatree segment revenue of A$210.69 million. The company's short-term assets cover its liabilities and it maintains a satisfactory net debt to equity ratio of 17.9%. Despite recent executive changes with the departure of CFO Dan O'Connell, Kingsgate's financial leadership remains stable during this transition period. Trading at good value compared to peers and industry, Kingsgate's return on equity is outstanding at 74.4%, though earnings are forecast to decline by an average of 14.3% annually over the next three years according to consensus estimates. Click to explore a detailed breakdown of our findings in Kingsgate Consolidated's financial health report. Gain insights into Kingsgate Consolidated's future direction by reviewing our growth report. Dive into all 1,012 of the ASX Penny Stocks we have identified here. Are any of these part of your asset mix? Tap into the analytical power of Simply Wall St's portfolio to get a 360-degree view on how they're shaping up. Maximize your investment potential with Simply Wall St, the comprehensive app that offers global market insights for free. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Jump on the AI train with fast growing tech companies forging a new era of innovation. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include ASX:AMI ASX:FWD and ASX:KCN. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
Yahoo
05-03-2025
- Business
- Yahoo
Top ASX Dividend Stocks To Watch In March 2025
As the Australian market navigates through uncertainty with tariff concerns and sector fluctuations, investors are keenly observing how these dynamics impact dividend stocks. In such a volatile environment, identifying robust dividend stocks that offer stability and consistent returns can be crucial for enhancing portfolio resilience. Name Dividend Yield Dividend Rating Premier Investments (ASX:PMV) 6.44% ★★★★★★ IPH (ASX:IPH) 7.34% ★★★★★☆ Accent Group (ASX:AX1) 6.86% ★★★★★☆ GR Engineering Services (ASX:GNG) 6.76% ★★★★★☆ Lindsay Australia (ASX:LAU) 7.97% ★★★★★☆ Lycopodium (ASX:LYL) 7.67% ★★★★★☆ Nick Scali (ASX:NCK) 3.74% ★★★★★☆ MFF Capital Investments (ASX:MFF) 3.72% ★★★★★☆ Super Retail Group (ASX:SUL) 8.58% ★★★★★☆ Fiducian Group (ASX:FID) 4.27% ★★★★★☆ Click here to see the full list of 34 stocks from our Top ASX Dividend Stocks screener. Here's a peek at a few of the choices from the screener. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Fleetwood Limited, with a market cap of A$219.98 million, operates in Australia and New Zealand, focusing on the design, manufacture, sale, and installation of modular accommodation and buildings. Operations: Fleetwood Limited generates revenue through three main segments: Building Solutions (A$340.12 million), RV Solutions (A$71.51 million), and Community Solutions (A$50.02 million). Dividend Yield: 9.7% Fleetwood's dividend yield of 9.75% ranks in the top 25% of Australian payers, yet its sustainability is questionable due to a high payout ratio of 286.1%, indicating dividends are not well-covered by earnings. Despite reasonable cash flow coverage with a cash payout ratio of 57.4%, the dividend history has been volatile over the past decade, with inconsistent growth and reliability issues. Recent earnings show improvement, but profit margins have declined year-over-year to 1%. Delve into the full analysis dividend report here for a deeper understanding of Fleetwood. Insights from our recent valuation report point to the potential undervaluation of Fleetwood shares in the market. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: QBE Insurance Group Limited underwrites general insurance and reinsurance risks across the Australia Pacific, North America, and international markets with a market cap of A$31.79 billion. Operations: QBE Insurance Group Limited generates revenue from its segments as follows: International at $9.82 billion, North America at $7.54 billion, and Australia Pacific at $5.96 billion. Dividend Yield: 4.1% QBE Insurance Group's dividend payments are well-covered by both earnings and cash flows, with payout ratios of 46.7% and 33.5%, respectively, indicating sustainability. The company declared a full-year dividend increase to A$0.87 per share for 2024, reflecting consistent growth over the past decade despite historical volatility in payouts. Recent earnings have shown significant growth, enhancing its financial position for dividends; however, the yield remains lower than top-tier Australian payers at 4.07%. Click here to discover the nuances of QBE Insurance Group with our detailed analytical dividend report. Upon reviewing our latest valuation report, QBE Insurance Group's share price might be too pessimistic. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Ricegrowers Limited, with a market cap of A$665.21 million, operates as a rice food company serving markets in Australia, New Zealand, the Pacific Islands, the Middle East, the United States, and internationally. Operations: Ricegrowers Limited generates its revenue through several segments, including Riviana (A$228.15 million), Cop Rice (A$249.32 million), Rice Food (A$127.76 million), Rice Pool (A$477.65 million), Corporate Segment (A$41.03 million), and International Rice (A$892 million). Dividend Yield: 5.4% Ricegrowers' dividends are supported by earnings and cash flows, with payout ratios of 56.3% and 41%, respectively, ensuring coverage despite a historically volatile dividend track record. The company declared a semi-annual dividend of A$0.15 per share for the period ending October 2024, maintaining its practice of regular payouts. While the yield is lower than Australia's top-tier dividend stocks, recent earnings stability and low trading valuation relative to fair value offer potential appeal for investors seeking income. Dive into the specifics of Ricegrowers here with our thorough dividend report. Our comprehensive valuation report raises the possibility that Ricegrowers is priced lower than what may be justified by its financials. Access the full spectrum of 34 Top ASX Dividend Stocks by clicking on this link. Shareholder in one or more of these companies? Ensure you're never caught off-guard by adding your portfolio in Simply Wall St for timely alerts on significant stock developments. Simply Wall St is your key to unlocking global market trends, a free user-friendly app for forward-thinking investors. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include ASX:FWD ASX:QBE and ASX:SGLLV. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
Yahoo
02-03-2025
- Business
- Yahoo
Fleetwood's (ASX:FWD) Shareholders Will Receive A Bigger Dividend Than Last Year
The board of Fleetwood Limited (ASX:FWD) has announced that it will be increasing its dividend by 360% on the 1st of April to A$0.115, up from last year's comparable payment of A$0.025. The payment will take the dividend yield to 2.1%, which is in line with the average for the industry. Check out our latest analysis for Fleetwood We like to see a healthy dividend yield, but that is only helpful to us if the payment can continue. Before making this announcement, Fleetwood's dividend was higher than its profits, but the free cash flows quite comfortably covered it. Generally, we think cash is more important than accounting measures of profit, so with the cash flows easily covering the dividend, we don't think there is much reason to worry. According to analysts, EPS should be several times higher next year. Assuming the dividend continues along recent trends, we estimate that the payout ratio could reach 67%, which is in a comfortable range for us. While the company has been paying a dividend for a long time, it has cut the dividend at least once in the last 10 years. Since 2015, the dividend has gone from A$0.04 total annually to A$0.05. This implies that the company grew its distributions at a yearly rate of about 2.3% over that duration. Modest growth in the dividend is good to see, but we think this is offset by historical cuts to the payments. It is hard to live on a dividend income if the company's earnings are not consistent. Given that the dividend has been cut in the past, we need to check if earnings are growing and if that might lead to stronger dividends in the future. Earnings per share has been sinking by 17% over the last five years. Such rapid declines definitely have the potential to constrain dividend payments if the trend continues into the future. On the bright side, earnings are predicted to gain some ground over the next year, but until this turns into a pattern we wouldn't be feeling too comfortable. Overall, this is probably not a great income stock, even though the dividend is being raised at the moment. In the past, the payments have been unstable, but over the short term the dividend could be reliable, with the company generating enough cash to cover it. This company is not in the top tier of income providing stocks. It's important to note that companies having a consistent dividend policy will generate greater investor confidence than those having an erratic one. Still, investors need to consider a host of other factors, apart from dividend payments, when analysing a company. For example, we've picked out 2 warning signs for Fleetwood that investors should know about before committing capital to this stock. If you are a dividend investor, you might also want to look at our curated list of high yield dividend stocks. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
