Top Australian (ASX) Capital Goods Growth Stocks

Top Australian (ASX) Capital Goods Growth Stocks

UPDATED Aug 10, 2022

What are the best Australian (ASX) Capital Goods Growth Stocks?

According to our Simply Wall St analysis these are the best Australian Capital Goods growth companies. We look for companies with high forecasted growth and healthy balance sheets that can deliver sustained growth over the long term.

Our criteria to find Top Growth Companies

Growth

  • Companies with sustained revenue growth that outperforms the market are attractive to investors. These companies are most likely to appreciate in share price over time.

What do we look for?

  • Is the company forecast to have high earnings growth.

Healthy Balance Sheet

  • A healthy balance sheet is essential to drive growth opportunities and sustain the business.
  • Repayments on debt take precedence over other initiatives to improve shareholder returns, so investors want to make sure the company is comfortably positioned to cover its debts.

What do we look for?

  • Does the company have a manageable level of debt.
  • Is the company able to cover its interest repayments.

2 companies meet this criteria in the Australian market

Amaero International Ltd engages in the research, development, manufacture, and sale of laser-based metal additive products in Australia.

Growth Criteria

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings: 3DA is expected to become profitable in the next 3 years.

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE

See Full Stock Report

Rewards

  • Trading at 92.9% below our estimate of its fair value

  • Earnings are forecast to grow 110.28% per year

Risks

  • Has less than 1 year of cash runway

  • Makes less than USD$1m in revenue (A$599K)

  • Does not have a meaningful market cap (A$45M)

  • Shareholders have been diluted in the past year

View all Risks and Rewards

Electro Optic Systems Holdings Limited engages in the development, manufacture, and sale of telescopes and dome enclosures, laser satellite tracking systems, electro-optic fire control systems, and microwave satellite dishes and receivers.

Growth Criteria

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings: EOS is expected to become profitable in the next 3 years.

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE

See Full Stock Report

Rewards

  • Trading at 91.6% below our estimate of its fair value

  • Earnings are forecast to grow 33.32% per year

Risks

  • Shareholders have been diluted in the past year

View all Risks and Rewards
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