Austal (ASX:ASB) - Stock Price, News & Analysis

ASB Stock Overview

Engages in the design, manufacture, and support of vessels for commercial and defense customers worldwide.

ASB fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	4/6
Past Performance	1/6
Financial Health	5/6
Dividends	0/6

Rewards

Trading at 59.2% below our estimate of its fair value

Earnings are forecast to grow 46.17% per year

Risk Analysis

Profit margins (0.4%) are lower than last year (1.8%)

Austal Limited Competitors

Electro Optic Systems Holdings

ASX:EOS

AU$297.1m

DroneShield

ASX:DRO

AU$668.9m

Quickstep Holdings

ASX:QHL

AU$12.2m

Orbital

ASX:OEC

AU$13.4m

Price History & Performance

Summary of all time highs, changes and price drops for Austal
Historical stock prices
Current Share Price	AU$2.43
52 Week High	AU$2.84
52 Week Low	AU$1.61
Beta	0.67
1 Month Change	4.74%
3 Month Change	14.08%
1 Year Change	20.90%
3 Year Change	6.58%
5 Year Change	-14.13%
Change since IPO	102.50%

Recent updates

There's Been No Shortage Of Growth Recently For Austal's (ASX:ASB) Returns On Capital

Jul 01

Austal (ASX:ASB) Has Affirmed Its Dividend Of AU$0.04

Feb 28

These 4 Measures Indicate That Austal (ASX:ASB) Is Using Debt Reasonably Well

Sep 27

Austal's (ASX:ASB) Shareholders Will Receive A Smaller Dividend Than Last Year

Aug 26

Here's Why I Think Austal (ASX:ASB) Might Deserve Your Attention Today

Aug 24

We Like These Underlying Return On Capital Trends At Austal (ASX:ASB)

May 30

Is There An Opportunity With Austal Limited's (ASX:ASB) 49% Undervaluation?

Apr 30

How Does Austal Limited (ASX:ASB) Fare As A Dividend Stock?

Apr 18

Does Austal (ASX:ASB) Deserve A Spot On Your Watchlist?

Mar 25

Austal Limited (ASX:ASB) Looks Like A Good Stock, And It's Going Ex-Dividend Soon

Mar 12

Austal (ASX:ASB) Has A Rock Solid Balance Sheet

Mar 11

What You Need To Know About Austal Limited's (ASX:ASB) Investor Composition

Feb 27

Did You Participate In Any Of Austal's (ASX:ASB) Fantastic 145% Return ?

Feb 11

Is Austal Limited (ASX:ASB) Trading At A 35% Discount?

Jan 29

How Does Austal Limited (ASX:ASB) Stand Up To These Simple Dividend Safety Checks?

Jan 17

Does Austal (ASX:ASB) Have The Makings Of A Multi-Bagger?

Jan 04

Here's Why We Think Austal (ASX:ASB) Is Well Worth Watching

Dec 22

Is There More To The Story Than Austal's (ASX:ASB) Earnings Growth?

Dec 10

What You Need To Know About Austal Limited's (ASX:ASB) Investor Composition

Nov 28

Declining Stock and Solid Fundamentals: Is The Market Wrong About Austal Limited (ASX:ASB)?

Nov 17

Is Austal Limited (ASX:ASB) A Smart Pick For Income Investors?

Sep 14

There's A Lot To Like About Austal's (ASX:ASB) Upcoming AU$0.05 Dividend

Sep 03

Is There More To The Story Than Austal's (ASX:ASB) Earnings Growth?

Aug 28

Shareholder Returns

	ASB	AU Aerospace & Defense	AU Market
7D	-4.0%	-0.6%	2.0%
1Y	20.9%	85.7%	9.5%

Return vs Industry: ASB underperformed the Australian Aerospace & Defense industry which returned 85.7% over the past year.

Return vs Market: ASB exceeded the Australian Market which returned 9.5% over the past year.

Price Volatility

Is ASB's price volatile compared to industry and market?
ASB volatility
ASB Average Weekly Movement	6.9%
Aerospace & Defense Industry Average Movement	6.0%
Market Average Movement	9.0%
10% most volatile stocks in AU Market	17.4%
10% least volatile stocks in AU Market	3.4%

Stable Share Price: ASB has not had significant price volatility in the past 3 months.

Volatility Over Time: ASB's weekly volatility (7%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1987	4,085	Paddy Gregg	www.austal.com

Austal Limited engages in the design, manufacture, and support of vessels for commercial and defense customers worldwide. It operates in four segments: USA Shipbuilding, USA Support, Australasia Shipbuilding, and Australasia Support. The company offers passenger only ferries, vehicle passenger ferries, and offshore and windfarm vessels; and naval and other defense vessels, as well as patrol boats for government law enforcement and border protection agencies.

Austal Limited Fundamentals Summary

How do Austal's earnings and revenue compare to its market cap?
ASB fundamental statistics
Market cap	AU$881.10m
Earnings (TTM)	AU$5.55m
Revenue (TTM)	AU$1.53b

158.2x

P/E Ratio

0.6x

P/S Ratio

Is ASB overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ASB income statement (TTM)
Revenue	AU$1.53b
Cost of Revenue	AU$1.38b
Gross Profit	AU$143.06m
Other Expenses	AU$137.51m
Earnings	AU$5.55m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	0.015
Gross Margin	9.36%
Net Profit Margin	0.36%
Debt/Equity Ratio	13.6%

How did ASB perform over the long term?

See historical performance and comparison

ASB Stock Overview

Rewards

Risk Analysis

Austal Limited Competitors

ASX:EOS

AU$297.1m

ASX:DRO

AU$668.9m

ASX:QHL

AU$12.2m

ASX:OEC

AU$13.4m

Price History & Performance

Recent News & Updates

Hanwha Corporation (KOSE:A000880) made a proposal to acquire Austal Limited (ASX:ASB) for AUD 1 billion

Hanwha's Bid for Austal Rejected by Target's Board

Price target increased by 9.0% to AU$2.68

Austal Limited Announces Resignation of Michael McCormack as Non-Executive Director, Effective 31 March 2024

First half 2024 earnings released: EPS: AU$0.033 (vs AU$0.02 loss in 1H 2023)

Austal Limited to Report First Half, 2024 Results on Feb 23, 2024

Recent updates

Hanwha Corporation (KOSE:A000880) made a proposal to acquire Austal Limited (ASX:ASB) for AUD 1 billion

Hanwha's Bid for Austal Rejected by Target's Board

Price target increased by 9.0% to AU$2.68

Austal Limited Announces Resignation of Michael McCormack as Non-Executive Director, Effective 31 March 2024

First half 2024 earnings released: EPS: AU$0.033 (vs AU$0.02 loss in 1H 2023)

Austal Limited to Report First Half, 2024 Results on Feb 23, 2024

Now 22% overvalued after recent price rise

What You Can Learn From Austal Limited's (ASX:ASB) P/S

Austal Limited, Annual General Meeting, Oct 26, 2023

Upcoming dividend of AU$0.03 per share at 3.1% yield

Austal (ASX:ASB) Has Announced That Its Dividend Will Be Reduced To A$0.03

Price target decreased by 7.3% to AU$2.28

Full year 2023 earnings: EPS in line with analyst expectations despite revenue beat

Austal Limited to Report Fiscal Year 2023 Results on Aug 31, 2023

A Look At The Fair Value Of Austal Limited (ASX:ASB)

Consensus EPS estimates fall from profit to AU$0.038 loss

Austal Limited Revises Earnings Guidance for the Fiscal Year 2023

Austal (ASX:ASB) Might Be Having Difficulty Using Its Capital Effectively

Investor sentiment improves as stock rises 16%

Price target increased by 16% to AU$2.35

Investor sentiment improves as stock rises 19%

Investor sentiment improves as stock rises 20%

Upcoming dividend of AU$0.04 per share at 4.3% yield

Austal (ASX:ASB) Has Affirmed Its Dividend Of A$0.04

Consensus EPS estimates increase by 35%

Is Austal Limited (ASX:ASB) Worth AU$1.8 Based On Its Intrinsic Value?

Price target decreased by 11% to AU$2.26

Consensus forecasts updated

Austal Limited Announces Director Changes

Austal Limited Announces Board Changes

Austal Limited, Annual General Meeting, Nov 23, 2022

Austal Limited Announces ASIC Settlement Endorsement by Federal Court

Austal Limited Announces Future USNS Apalachicola Completes Acceptance Trials

Austal Limited Reaches Settlement with Australian Securities and Investments Commission

Upcoming dividend of AU$0.04 per share

Austal (ASX:ASB) Is Paying Out A Dividend Of A$0.04

Price target increased to AU$2.85

Austal Limited Announces Dividend for the Six Months Ended June 30, 2022, Payable on 13 October, 2022

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Austal Limited to Report Fiscal Year 2022 Results on Aug 26, 2022

Austal Limited Upgrades EBIT Guidance for the Fiscal Year 2022

Price target increased to AU$2.38

There's Been No Shortage Of Growth Recently For Austal's (ASX:ASB) Returns On Capital

Investor sentiment improved over the past week

Price target decreased to AU$2.24

Upcoming dividend of AU$0.04 per share

Austal (ASX:ASB) Has Affirmed Its Dividend Of AU$0.04

Price target decreased to AU$2.42

First half 2022 earnings: EPS and revenues exceed analyst expectations

Austal Limited Provides Earnings Guidance for the Financial Year 2022

Jianglong Shipbuilding Co., Ltd. (SZSE:300589) acquired remaining 40% stake in Aulong Shipbuilding Co., Ltd. from Austal Limited (ASX:ASB) for AUD 4.2 million.

These 4 Measures Indicate That Austal (ASX:ASB) Is Using Debt Reasonably Well

Upcoming dividend of AU$0.04 per share

Austal's (ASX:ASB) Shareholders Will Receive A Smaller Dividend Than Last Year

Full year 2021 earnings released: EPS AU$0.23 (vs AU$0.25 in FY 2020)

Investor sentiment deteriorated over the past week

Here's Why I Think Austal (ASX:ASB) Might Deserve Your Attention Today

Price target decreased to AU$2.83

Austal Limited Revised Earnings Guidance for Fiscal 2021