Latest news with #GREngineeringServices
Yahoo
a day ago
- Business
- Yahoo
GR Engineering Services Limited's (ASX:GNG) largest shareholders are individual investors with 39% ownership, insiders own 36%
GR Engineering Services' significant individual investors ownership suggests that the key decisions are influenced by shareholders from the larger public 51% of the business is held by the top 11 shareholders 36% of GR Engineering Services is held by insiders This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. To get a sense of who is truly in control of GR Engineering Services Limited (ASX:GNG), it is important to understand the ownership structure of the business. With 39% stake, individual investors possess the maximum shares in the company. In other words, the group stands to gain the most (or lose the most) from their investment into the company. Meanwhile, individual insiders make up 36% of the company's shareholders. Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. In the chart below, we zoom in on the different ownership groups of GR Engineering Services. View our latest analysis for GR Engineering Services Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices. Since institutions own only a small portion of GR Engineering Services, many may not have spent much time considering the stock. But it's clear that some have; and they liked it enough to buy in. If the business gets stronger from here, we could see a situation where more institutions are keen to buy. We sometimes see a rising share price when a few big institutions want to buy a certain stock at the same time. The history of earnings and revenue, which you can see below, could be helpful in considering if more institutional investors will want the stock. Of course, there are plenty of other factors to consider, too. Hedge funds don't have many shares in GR Engineering Services. Because actions speak louder than words, we consider it a good sign when insiders own a significant stake in a company. In GR Engineering Services' case, its Chief Operating Officer, David Sala Tenna, is the largest shareholder, holding 7.4% of shares outstanding. Meanwhile, the second and third largest shareholders, hold 6.2% and 5.9%, of the shares outstanding, respectively. Additionally, the company's CEO Tony Patrizi directly holds 5.9% of the total shares outstanding. A closer look at our ownership figures suggests that the top 11 shareholders have a combined ownership of 51% implying that no single shareholder has a majority. While studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock's expected performance. As far as we can tell there isn't analyst coverage of the company, so it is probably flying under the radar. While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves. Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group. Our most recent data indicates that insiders own a reasonable proportion of GR Engineering Services Limited. It has a market capitalization of just AU$512m, and insiders have AU$185m worth of shares in their own names. It is great to see insiders so invested in the business. It might be worth checking if those insiders have been buying recently. The general public, who are usually individual investors, hold a 39% stake in GR Engineering Services. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders. It seems that Private Companies own 20%, of the GR Engineering Services stock. Private companies may be related parties. Sometimes insiders have an interest in a public company through a holding in a private company, rather than in their own capacity as an individual. While it's hard to draw any broad stroke conclusions, it is worth noting as an area for further research. While it is well worth considering the different groups that own a company, there are other factors that are even more important. To that end, you should be aware of the 1 warning sign we've spotted with GR Engineering Services . If you would prefer check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, backed by strong financial data. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. 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. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
26-05-2025
- Business
- Yahoo
Undiscovered Gems in Australia to Explore This May 2025
As the Australian market experiences a modest uptick with the ASX 200 closing up 0.1% at 8,361 points, sectors like IT and Materials are leading the charge while Utilities lag significantly. In this environment, identifying promising small-cap stocks requires a keen eye for companies that not only show potential in their respective industries but also demonstrate resilience amid fluctuating sector performances. Name Debt To Equity Revenue Growth Earnings Growth Health Rating Sugar Terminals NA 3.78% 4.30% ★★★★★★ Schaffer 25.47% 6.03% -5.20% ★★★★★★ Fiducian Group NA 9.97% 7.85% ★★★★★★ Hearts and Minds Investments NA 47.09% 49.82% ★★★★★★ Djerriwarrh Investments 1.14% 8.17% 7.54% ★★★★★★ Red Hill Minerals NA 95.16% 40.06% ★★★★★★ MFF Capital Investments 0.69% 28.52% 31.31% ★★★★★☆ Lycopodium 6.89% 16.56% 32.73% ★★★★★☆ Carlton Investments 0.02% 4.45% 3.97% ★★★★★☆ K&S 20.24% 1.58% 25.54% ★★★★☆☆ Click here to see the full list of 47 stocks from our ASX Undiscovered Gems With Strong Fundamentals screener. Underneath we present a selection of stocks filtered out by our screen. Simply Wall St Value Rating: ★★★★☆☆ Overview: Cuscal Limited, with a market cap of A$532.54 million, offers payment and regulated data products and services to financial and consumer-focused institutions in Australia. Operations: Cuscal Limited generates revenue through providing payment and regulated data services to financial institutions in Australia. The company's market cap stands at A$532.54 million, highlighting its presence in the financial services sector. Cuscal, a player in the financial sector, has seen its debt-to-equity ratio drop significantly from 154.1% to 41.1% over the past five years, indicating improved financial health. Its earnings growth of 4.3% last year outpaced the broader Diversified Financial industry, which saw a -6.8%. Despite having high-quality earnings and being free cash flow positive, Cuscal's interest payments are not well covered by EBIT at just 1.3x coverage. Recently added to the S&P/ASX All Ordinaries Index, Cuscal seems poised for further visibility and potential growth within its sector in Australia. Unlock comprehensive insights into our analysis of Cuscal stock in this health report. Gain insights into Cuscal's historical performance by reviewing our past performance report. Simply Wall St Value Rating: ★★★★★★ Overview: GR Engineering Services Limited offers engineering, procurement, and construction services to the mining and mineral processing sectors both in Australia and internationally, with a market capitalization of approximately A$480.30 million. Operations: GR Engineering Services generates revenue primarily from two segments: Mineral Processing, contributing A$412.30 million, and Oil and Gas, with A$96.61 million. The company's financial performance is significantly driven by its Mineral Processing segment. GR Engineering Services, a nimble player in the engineering sector, stands out with its robust financial health and industry-leading growth. Currently trading at 96% below its estimated fair value, it presents an intriguing valuation opportunity. The company boasts impressive earnings growth of 34% over the past year, significantly outpacing the Metals and Mining industry's 8%. Notably debt-free for five years, GR Engineering enjoys high-quality earnings and positive free cash flow. Recent client announcements indicate continued project momentum with Horizon Minerals awarding them a significant contract for gold processing plant refurbishment in Western Australia. Dive into the specifics of GR Engineering Services here with our thorough health report. Assess GR Engineering Services' past performance with our detailed historical performance reports. Simply Wall St Value Rating: ★★★★★☆ Overview: MFF Capital Investments Limited is an investment firm manager with a market capitalization of A$2.52 billion. Operations: The primary revenue stream for MFF Capital Investments comes from its equity investments, generating A$1.01 billion. MFF Capital Investments, a small player in the financial sector, has shown impressive earnings growth of 51.9% over the past year, outpacing the industry average of 23.6%. Despite a slight increase in its debt to equity ratio from 0% to 0.7% over five years, MFF's interest payments are well covered with EBIT covering them 69 times over. The company is trading at a substantial discount of approximately 46% below its estimated fair value and remains free cash flow positive with A$372 million reported recently. With more cash than total debt, MFF's financial health seems robust and promising for future prospects. Click to explore a detailed breakdown of our findings in MFF Capital Investments' health report. Understand MFF Capital Investments' track record by examining our Past report. Get an in-depth perspective on all 47 ASX Undiscovered Gems With Strong Fundamentals by using our screener here. Are these companies part of your investment strategy? Use Simply Wall St to consolidate your holdings into a portfolio and gain insights with our comprehensive analysis tools. Join a community of smart investors by using Simply Wall St. It's free and delivers expert-level analysis on worldwide markets. 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:CCL ASX:GNG and ASX:MFF. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
26-05-2025
- Business
- Yahoo
ASX Dividend Stocks To Consider In May 2025
As the ASX 200 edges up by 0.1% to 8,361 points, with IT and Materials sectors leading gains, investors are keenly observing market dynamics amid mixed sector performances. In this environment, dividend stocks can offer a reliable income stream and potential stability, making them an attractive consideration for those looking to navigate the current market conditions effectively. Name Dividend Yield Dividend Rating Lindsay Australia (ASX:LAU) 7.37% ★★★★★☆ IPH (ASX:IPH) 7.13% ★★★★★☆ Bisalloy Steel Group (ASX:BIS) 8.95% ★★★★★☆ Accent Group (ASX:AX1) 6.93% ★★★★★☆ Sugar Terminals (NSX:SUG) 8.45% ★★★★★☆ Super Retail Group (ASX:SUL) 8.56% ★★★★★☆ MFF Capital Investments (ASX:MFF) 3.72% ★★★★★☆ Nick Scali (ASX:NCK) 3.20% ★★★★★☆ Fiducian Group (ASX:FID) 4.54% ★★★★★☆ Lycopodium (ASX:LYL) 7.10% ★★★★★☆ Click here to see the full list of 28 stocks from our Top ASX Dividend Stocks screener. We'll examine a selection from our screener results. Simply Wall St Dividend Rating: ★★★★★☆ Overview: GR Engineering Services Limited offers engineering, procurement, and construction services to the mining and mineral processing sectors both in Australia and internationally, with a market cap of A$480.30 million. Operations: GR Engineering Services Limited generates revenue from two main segments: A$96.61 million from Oil and Gas and A$412.30 million from Mineral Processing. Dividend Yield: 6.6% GR Engineering Services offers a compelling dividend profile, with its dividends well-covered by both earnings (payout ratio 86%) and cash flows (cash payout ratio 35.7%). Despite a history of volatility and unreliability in dividend payments over the past decade, its current yield of 6.62% ranks in the top quarter of Australian payers. Recent contracts, like the one with Horizon Minerals for engineering studies on a gold processing plant, could bolster future revenue streams. Navigate through the intricacies of GR Engineering Services with our comprehensive dividend report here. According our valuation report, there's an indication that GR Engineering Services' share price might be on the cheaper side. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: GWA Group Limited is involved in the research, design, manufacture, importation, and marketing of building fixtures and fittings for residential and commercial properties in Australia, New Zealand, and internationally with a market cap of A$631.19 million. Operations: GWA Group Limited generates revenue primarily from its Water Solutions segment, which accounted for A$417.40 million. Dividend Yield: 6.5% GWA Group's dividend yield of 6.51% ranks in the top 25% of Australian payers, but its sustainability is questionable due to a high payout ratio of 111.7%, indicating dividends are not well-covered by earnings. Although dividends have grown over the past decade, they have been volatile, with significant annual drops. Recent board changes may influence strategic decisions impacting future stability and growth prospects for dividend payments. Take a closer look at GWA Group's potential here in our dividend report. Upon reviewing our latest valuation report, GWA Group's share price might be too pessimistic. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: IVE Group Limited operates in the marketing sector within Australia, with a market capitalization of A$403.96 million. Operations: IVE Group Limited's revenue is primarily derived from its advertising segment, which generated A$975.43 million. Dividend Yield: 6.9% IVE Group offers a dividend yield of 6.87%, placing it among the top 25% in Australia. Its dividends are well-covered by both earnings and cash flows, with payout ratios of 66.7% and 26.7%, respectively, suggesting sustainability despite a high debt level. However, its dividend history is less reliable due to volatility over the past nine years and an unstable track record, though recent growth in earnings provides some positive outlook for future payments. Click to explore a detailed breakdown of our findings in IVE Group's dividend report. The valuation report we've compiled suggests that IVE Group's current price could be quite moderate. Click through to start exploring the rest of the 25 Top ASX Dividend Stocks now. Invested in any of these stocks? Simplify your portfolio management with Simply Wall St and stay ahead with our alerts for any critical updates on your stocks. Simply Wall St is a revolutionary app designed for long-term stock investors, it's free and covers every market in the world. 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:GNG ASX:GWA and ASX:IGL. 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@
The Australian
06-05-2025
- Business
- The Australian
KNG starts Leliyn scoping study
Kingsland Minerals starts scoping study into the production of fine flake graphite concentrate from its Leliyn project Study will be carried out by GR Engineering Services, which has experience designing graphite processing facilities Experienced metallurgy professional Michael Rodriguez appointed to manage scoping study Special Report: Kingsland Minerals has started a scoping study to assess the economics of producing fine flake graphite concentrate from its Leliyn project near Pine Creek, Northern Territory. It will be underpinned by the recently defined indicated resource of 12.3Mt grading 7.9% total graphitic content for 1Mt of contained graphite, which has the potential to capitalise on growing global demand for non-Chinese sources of graphite. Kingsland Minerals (ASX:KNG) has appointed consultant GR Engineering Services to complete the scoping study, which will use current available technologies and suitability for use in Australia and will be based on the nominated throughput or graphite production rate. Metallurgical testwork completed by Independent Metallurgical Operations of Perth will also be used in the study as well as open pit mine design and scheduling being completed by Auralia Mining Consulting of Perth. The company has also appointed experienced metallurgist and corporate manager Michael Rodriguez – who has considerable experience in project management, project construction and commissioning of hydrometallurgical plants – as the project manager for the scoping study. Managing director Richard Maddocks said the scoping study was a crucial step in the development of the Leliyn project and that the company was pleased to be working with GR Engineering, which had considerable global experience in delivering scoping and feasibility studies as well as designing and constructing processing facilities – including for graphite. 'Kingsland also welcomes Michael Rodriguez to the team as we commence the development of Leliyn. Michael has extensive experience in project design studies, implementation and construction,' he added. 'His appointment is an important milestone as Kingsland builds up internal expertise to develop Leliyn into a graphite mine.' Leliyn project are for scoping study. Pic: Kingsland Minerals Leliyn project Leliyn is just 40km east from Pine Creek, a mining town with established power, gas, rail and road infrastructure, just two hours south of Darwin. Following an update in early April 2025, inferred project resource now stand at 180.2Mt at 7.2% TGC, or 13Mt contained graphite, providing room to grow the current higher confidence indicated resource of 1Mt contained graphite. Watch: Kingsland indicates graphite giant for Leliyn scoping study This is likely to be a simple matter of carrying out further infill drilling as the company had enjoyed an extremely high conversion rate of 97% into indicated resources with its previous infill drilling. An impressive exploration target of 700Mt to 1.1Bt with a grade range of 7-8% TGC provides further scope to grow the project. A bulk sample of graphite concentrate is currently being tested by Germany's ProGraphite GmbH for processing into purified spherical graphite suitable for use in lithium-ion batteries. An offtake agreement is already in place with Quinbrook Infrastructure Partners, which had provided a $2.56m investment at a significant premium in late October 2024, for all graphite concentrate produced by the project. This article was developed in collaboration with Kingsland Minerals, a Stockhead advertiser at the time of publishing. This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.
Yahoo
22-03-2025
- Business
- Yahoo
Here's Why We Think GR Engineering Services (ASX:GNG) Might Deserve Your Attention Today
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to investors, even if it currently lacks a track record of revenue and profit. Sometimes these stories can cloud the minds of investors, leading them to invest with their emotions rather than on the merit of good company fundamentals. A loss-making company is yet to prove itself with profit, and eventually the inflow of external capital may dry up. So if this idea of high risk and high reward doesn't suit, you might be more interested in profitable, growing companies, like GR Engineering Services (ASX:GNG). While profit isn't the sole metric that should be considered when investing, it's worth recognising businesses that can consistently produce it. If you believe that markets are even vaguely efficient, then over the long term you'd expect a company's share price to follow its earnings per share (EPS) outcomes. That means EPS growth is considered a real positive by most successful long-term investors. We can see that in the last three years GR Engineering Services grew its EPS by 9.9% per year. That growth rate is fairly good, assuming the company can keep it up. Top-line growth is a great indicator that growth is sustainable, and combined with a high earnings before interest and taxation (EBIT) margin, it's a great way for a company to maintain a competitive advantage in the market. While we note GR Engineering Services achieved similar EBIT margins to last year, revenue grew by a solid 25% to AU$509m. That's a real positive. The chart below shows how the company's bottom and top lines have progressed over time. Click on the chart to see the exact numbers. Check out our latest analysis for GR Engineering Services While it's always good to see growing profits, you should always remember that a weak balance sheet could come back to bite. So check GR Engineering Services' balance sheet strength, before getting too excited. Seeing insiders owning a large portion of the shares on issue is often a good sign. Their incentives will be aligned with the investors and there's less of a probability in a sudden sell-off that would impact the share price. So as you can imagine, the fact that GR Engineering Services insiders own a significant number of shares certainly is appealing. In fact, they own 36% of the shares, making insiders a very influential shareholder group. Shareholders and speculators should be reassured by this kind of alignment, as it suggests the business will be run for the benefit of shareholders. To give you an idea, the value of insiders' holdings in the business are valued at AU$173m at the current share price. That's nothing to sneeze at! It's good to see that insiders are invested in the company, but are remuneration levels reasonable? A brief analysis of the CEO compensation suggests they are. For companies with market capitalisations between AU$318m and AU$1.3b, like GR Engineering Services, the median CEO pay is around AU$1.4m. The GR Engineering Services CEO received AU$686k in compensation for the year ending June 2024. That is actually below the median for CEO's of similarly sized companies. CEO remuneration levels are not the most important metric for investors, but when the pay is modest, that does support enhanced alignment between the CEO and the ordinary shareholders. It can also be a sign of a culture of integrity, in a broader sense. One important encouraging feature of GR Engineering Services is that it is growing profits. The fact that EPS is growing is a genuine positive for GR Engineering Services, but the pleasant picture gets better than that. With company insiders aligning themselves considerably with the company's success and modest CEO compensation, there's no arguments that this is a stock worth looking into. We should say that we've discovered 1 warning sign for GR Engineering Services that you should be aware of before investing here. Although GR Engineering Services certainly looks good, it may appeal to more investors if insiders were buying up shares. If you like to see companies with more skin in the game, then check out this handpicked selection of Australian companies that not only boast of strong growth but have strong insider backing. Please note the insider transactions discussed in this article refer to reportable transactions in the relevant jurisdiction. 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
