View ValuationDuratec 향후 성장Future 기준 점검 4/6Duratec (는) 각각 연간 14.8% 및 10.3% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 13.7% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 26.6% 로 예상됩니다.핵심 정보14.8%이익 성장률13.72%EPS 성장률Construction 이익 성장17.2%매출 성장률10.3%향후 자기자본이익률26.61%애널리스트 커버리지Low마지막 업데이트19 May 2026최근 향후 성장 업데이트공시 • Nov 24Duratec Limited Provides Earnings Guidance for the Year Full Year Ended 30 June 2024Duratec Limited provided earnings guidance for the year full year ended 30 June 2024. For the year, the Company's revenue is expected to be in the range of $570 million to $610 million.모든 업데이트 보기Recent updatesBuy Or Sell Opportunity • May 25Now 24% undervaluedOver the last 90 days, the stock has risen 4.7% to AU$2.25. The fair value is estimated to be AU$2.96, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.9% over the last 3 years. Earnings per share has grown by 8.2%. For the next 3 years, revenue is forecast to grow by 10% per annum. Earnings are also forecast to grow by 15% per annum over the same time period.Board Change • May 20Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Emma Scotney was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • May 01Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Emma Scotney was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공시 • Feb 25Duratec Limited Announces Fully Franked Ordinary Dividend for the Six Months Ended December 31, 2025, Payable on April 29, 2026Duratec Limited announced fully franked ordinary dividend AUD 0.01750000 for the six months ended December 31, 2025, payable on April 29, 2026. Record date is March 18, 2026 and Ex date is March 17, 2026.공시 • Jan 30Duratec Limited to Report First Half, 2026 Results on Feb 25, 2026Duratec Limited announced that they will report first half, 2026 results on Feb 25, 2026Board Change • Dec 24Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Emma Scotney was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공시 • Sep 26Duratec Limited, Annual General Meeting, Nov 20, 2025Duratec Limited, Annual General Meeting, Nov 20, 2025.Declared Dividend • Aug 29Final dividend of AU$0.025 announcedShareholders will receive a dividend of AU$0.025. Ex-date: 16th September 2025 Payment date: 15th October 2025 Dividend yield will be 2.3%, which is lower than the industry average of 3.6%. Sustainability & Growth Dividend is well covered by both earnings (47% earnings payout ratio) and cash flows (49% cash payout ratio). The dividend has increased by an average of 30% per year over the past 4 years. However, payments have been volatile during that time. EPS is expected to grow by 42% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Aug 27Full year 2025 earnings released: EPS: AU$0.091 (vs AU$0.087 in FY 2024)Full year 2025 results: EPS: AU$0.091 (up from AU$0.087 in FY 2024). Revenue: AU$573.0m (up 3.1% from FY 2024). Net income: AU$22.8m (up 6.5% from FY 2024). Profit margin: 4.0% (up from 3.9% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Construction industry in Australia.Board Change • Aug 18Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 3 highly experienced directors. 1 independent director (3 non-independent directors). Independent Non-Executive Chairman Martin Brydon was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.공시 • Jul 30Duratec Limited to Report Fiscal Year 2025 Results on Aug 27, 2025Duratec Limited announced that they will report fiscal year 2025 results on Aug 27, 2025Board Change • Feb 04Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 3 highly experienced directors. 1 independent director (3 non-independent directors). Independent Non-Executive Chairman Martin Brydon was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.공시 • Jan 31Duratec Limited to Report First Half, 2025 Results on Feb 20, 2025Duratec Limited announced that they will report first half, 2025 results on Feb 20, 2025Board Change • Dec 24Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 3 highly experienced directors. 1 independent director (3 non-independent directors). Independent Non-Executive Chairman Martin Brydon was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Valuation Update With 7 Day Price Move • Oct 14Investor sentiment improves as stock rises 17%After last week's 17% share price gain to AU$1.66, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the Construction industry in Australia. Total returns to shareholders of 342% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at AU$2.36 per share.공시 • Sep 27Duratec Limited, Annual General Meeting, Nov 22, 2024Duratec Limited, Annual General Meeting, Nov 22, 2024.Declared Dividend • Aug 30Final dividend of AU$0.025 announcedShareholders will receive a dividend of AU$0.025. Ex-date: 17th September 2024 Payment date: 9th October 2024 Dividend yield will be 3.2%, which is lower than the industry average of 3.6%. Sustainability & Growth Dividend is covered by earnings (31% earnings payout ratio) but not adequately covered by cash flows (90.1% cash payout ratio). The dividend has increased by an average of 39% per year over the past 3 years and payments have been stable during that time. EPS is expected to grow by 38% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Aug 28Full year 2024 earnings released: EPS: AU$0.087 (vs AU$0.079 in FY 2023)Full year 2024 results: EPS: AU$0.087 (up from AU$0.079 in FY 2023). Revenue: AU$555.8m (up 13% from FY 2023). Net income: AU$21.4m (up 12% from FY 2023). Profit margin: 3.9% (in line with FY 2023). Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Construction industry in Australia. Over the last 3 years on average, earnings per share has increased by 50% per year whereas the company’s share price has increased by 49% per year.공시 • Aug 01Duratec Limited to Report Fiscal Year 2024 Results on Aug 28, 2024Duratec Limited announced that they will report fiscal year 2024 results on Aug 28, 2024Valuation Update With 7 Day Price Move • May 16Investor sentiment improves as stock rises 18%After last week's 18% share price gain to AU$1.14, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 15x in the Construction industry in Australia. Total returns to shareholders of 224% over the past three years.Upcoming Dividend • Mar 08Upcoming dividend of AU$0.015 per shareEligible shareholders must have bought the stock before 15 March 2024. Payment date: 07 May 2024. Payout ratio is a comfortable 31% but the company is paying out more than the cash it is generating. Trailing yield: 3.1%. Lower than top quartile of Australian dividend payers (6.2%). In line with average of industry peers (3.4%).Reported Earnings • Feb 26First half 2024 earnings released: EPS: AU$0.05 (vs AU$0.032 in 1H 2023)First half 2024 results: EPS: AU$0.05 (up from AU$0.032 in 1H 2023). Revenue: AU$292.7m (up 28% from 1H 2023). Net income: AU$12.2m (up 56% from 1H 2023). Profit margin: 4.2% (up from 3.4% in 1H 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Construction industry in Australia. Over the last 3 years on average, earnings per share has increased by 39% per year whereas the company’s share price has increased by 35% per year.Valuation Update With 7 Day Price Move • Feb 07Investor sentiment improves as stock rises 16%After last week's 16% share price gain to AU$1.60, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 15x in the Construction industry in Australia. Total returns to shareholders of 196% over the past three years.공시 • Feb 02Duratec Limited to Report First Half, 2024 Results on Feb 22, 2024Duratec Limited announced that they will report first half, 2024 results on Feb 22, 2024Valuation Update With 7 Day Price Move • Dec 08Investor sentiment improves as stock rises 16%After last week's 16% share price gain to AU$1.51, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 13x in the Construction industry in Australia. Total returns to shareholders of 175% over the past three years.공시 • Nov 25Duratec Limited Announces Managing Director Changes, Effective 1 December 2023Duratec Limited announces the resignation of Mr. Phil Harcourt as Managing Director of the Company, effective 1 December 2023. Although Mr. Harcourt will be retiring from his executive role in the Company, Mr. Harcourt will remain very much involved in Duratec's continued success into the future, as a Non-Executive Director on both the Duratec Limited and DDR Australia boards. The Company announced that it has appointed Mr. Chris Oates (Executive Director) as Managing Director effective 1 December 2023. Mr. Oates was a fellow founder of Duratec Limited in 2010 alongside Mr. Harcourt and Mr. Diprose and has been a Director and senior executive in the company since inception. Mr. Oates has a deep understanding of the Company's operations and has been fundamental in the Company's growth and performance, making him the ideal candidate for leading the Company into the future.공시 • Nov 24Duratec Limited Provides Earnings Guidance for the Year Full Year Ended 30 June 2024Duratec Limited provided earnings guidance for the year full year ended 30 June 2024. For the year, the Company's revenue is expected to be in the range of $570 million to $610 million.공시 • Sep 16Duratec Limited, Annual General Meeting, Nov 10, 2023Duratec Limited, Annual General Meeting, Nov 10, 2023.Recent Insider Transactions • Sep 15Insider recently sold AU$3.6m worth of stockOn the 8th of September, Deane Diprose sold around 3m shares on-market at roughly AU$1.35 per share. This transaction amounted to 10% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth AU$4.2m. Insiders have been net sellers, collectively disposing of AU$11m more than they bought in the last 12 months.Upcoming Dividend • Sep 08Upcoming dividend of AU$0.03 per share at 3.0% yieldEligible shareholders must have bought the stock before 15 September 2023. Payment date: 09 October 2023. Payout ratio is a comfortable 51% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Australian dividend payers (7.0%). Lower than average of industry peers (3.6%).New Risk • Aug 26New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 3.0% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (2.8% increase in shares outstanding). Significant insider selling over the past 3 months (AU$4.2m sold).Reported Earnings • Aug 25Full year 2023 earnings released: EPS: AU$0.079 (vs AU$0.032 in FY 2022)Full year 2023 results: EPS: AU$0.079 (up from AU$0.032 in FY 2022). Revenue: AU$491.8m (up 59% from FY 2022). Net income: AU$19.2m (up 147% from FY 2022). Profit margin: 3.9% (up from 2.5% in FY 2022). The increase in margin was driven by higher revenue.공시 • Aug 25Duratec Limited Declares Final Dividend (Fully Franked) for Year 2023, Payable on 9 October 2023Duratec Limited announced that since the end of the financial year, the Directors have recommended the payment of a final ordinary dividend for 2023 of 3.0 cents per fully paid share, franked to 100%, to be paid on 9 October 2023.공시 • Jun 30Duratec Limited Appoints Krista Bates as Non-Executive DirectorDuratec Limited announced the appointment of Krista Bates as a Non-Executive Director to the Duratec Board, effective 1 July 2023. Krista Bates joins the Duratec Board as a highly credentialed non-executive and executive director of various listed companies (Australian Stock Exchange and London Stock Exchange). Krista is a highly accomplished international lawyer specialising in mergers and acquisitions, with comprehensive knowledge of global corporate law, strategic thinking, negotiations, and commercial acumen.Valuation Update With 7 Day Price Move • May 29Investor sentiment improves as stock rises 16%After last week's 16% share price gain to AU$1.10, the stock trades at a trailing P/E ratio of 18.2x. Average trailing P/E is 15x in the Construction industry in Australia. Total returns to shareholders of 223% over the past year.Board Change • Mar 31Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Chairman Martin Brydon was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.이익 및 매출 성장 예측CHIA:DUR - 애널리스트 향후 추정치 및 과거 재무 데이터 (AUD Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수6/30/202875439345656/30/202771135285156/30/2026600302834512/31/2025559232029N/A9/30/2025566232133N/A6/30/2025573232236N/A3/31/2025562232236N/A12/31/2024550222136N/A9/30/2024553221632N/A6/30/2024556211127N/A3/31/202455623724N/A12/31/202355624422N/A9/30/2023524211328N/A6/30/2023492192235N/A3/31/2023450172940N/A12/31/2022408153645N/A9/30/2022359112836N/A6/30/202231081927N/A3/31/202227651321N/A12/31/20212433716N/A9/30/20212395211N/A6/30/20212367-47N/A3/31/20212399-37N/A12/31/202024311-36N/A9/30/202024512613N/A6/30/2020247131520N/A6/30/20192009N/A27N/A6/30/20181267N/A19N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: DUR 의 연간 예상 수익 증가율(14.8%)이 saving rate(3.6%)보다 높습니다.수익 vs 시장: DUR 의 연간 수익(14.8%)이 Australian 시장(12.1%)보다 빠르게 성장할 것으로 예상됩니다.고성장 수익: DUR 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: DUR 의 수익(연간 10.3%)이 Australian 시장(연간 6.2%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: DUR 의 수익(연간 10.3%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: DUR의 자본 수익률은 3년 후 26.6%로 높을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YCapital-goods 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/07 12:55종가2026/06/05 00:00수익2025/12/31연간 수익2025/06/30데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Duratec Limited는 8명의 분석가가 다루고 있습니다. 이 중 5명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Marcus BarnardBell PotterLindsay BettiolGoldman SachsMatthew ChenMA Moelis Australia Securities Pty Ltd5명의 분석가 더 보기
공시 • Nov 24Duratec Limited Provides Earnings Guidance for the Year Full Year Ended 30 June 2024Duratec Limited provided earnings guidance for the year full year ended 30 June 2024. For the year, the Company's revenue is expected to be in the range of $570 million to $610 million.
Buy Or Sell Opportunity • May 25Now 24% undervaluedOver the last 90 days, the stock has risen 4.7% to AU$2.25. The fair value is estimated to be AU$2.96, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.9% over the last 3 years. Earnings per share has grown by 8.2%. For the next 3 years, revenue is forecast to grow by 10% per annum. Earnings are also forecast to grow by 15% per annum over the same time period.
Board Change • May 20Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Emma Scotney was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • May 01Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Emma Scotney was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • Feb 25Duratec Limited Announces Fully Franked Ordinary Dividend for the Six Months Ended December 31, 2025, Payable on April 29, 2026Duratec Limited announced fully franked ordinary dividend AUD 0.01750000 for the six months ended December 31, 2025, payable on April 29, 2026. Record date is March 18, 2026 and Ex date is March 17, 2026.
공시 • Jan 30Duratec Limited to Report First Half, 2026 Results on Feb 25, 2026Duratec Limited announced that they will report first half, 2026 results on Feb 25, 2026
Board Change • Dec 24Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Emma Scotney was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • Sep 26Duratec Limited, Annual General Meeting, Nov 20, 2025Duratec Limited, Annual General Meeting, Nov 20, 2025.
Declared Dividend • Aug 29Final dividend of AU$0.025 announcedShareholders will receive a dividend of AU$0.025. Ex-date: 16th September 2025 Payment date: 15th October 2025 Dividend yield will be 2.3%, which is lower than the industry average of 3.6%. Sustainability & Growth Dividend is well covered by both earnings (47% earnings payout ratio) and cash flows (49% cash payout ratio). The dividend has increased by an average of 30% per year over the past 4 years. However, payments have been volatile during that time. EPS is expected to grow by 42% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Aug 27Full year 2025 earnings released: EPS: AU$0.091 (vs AU$0.087 in FY 2024)Full year 2025 results: EPS: AU$0.091 (up from AU$0.087 in FY 2024). Revenue: AU$573.0m (up 3.1% from FY 2024). Net income: AU$22.8m (up 6.5% from FY 2024). Profit margin: 4.0% (up from 3.9% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Construction industry in Australia.
Board Change • Aug 18Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 3 highly experienced directors. 1 independent director (3 non-independent directors). Independent Non-Executive Chairman Martin Brydon was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
공시 • Jul 30Duratec Limited to Report Fiscal Year 2025 Results on Aug 27, 2025Duratec Limited announced that they will report fiscal year 2025 results on Aug 27, 2025
Board Change • Feb 04Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 3 highly experienced directors. 1 independent director (3 non-independent directors). Independent Non-Executive Chairman Martin Brydon was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
공시 • Jan 31Duratec Limited to Report First Half, 2025 Results on Feb 20, 2025Duratec Limited announced that they will report first half, 2025 results on Feb 20, 2025
Board Change • Dec 24Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 3 highly experienced directors. 1 independent director (3 non-independent directors). Independent Non-Executive Chairman Martin Brydon was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Valuation Update With 7 Day Price Move • Oct 14Investor sentiment improves as stock rises 17%After last week's 17% share price gain to AU$1.66, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the Construction industry in Australia. Total returns to shareholders of 342% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at AU$2.36 per share.
공시 • Sep 27Duratec Limited, Annual General Meeting, Nov 22, 2024Duratec Limited, Annual General Meeting, Nov 22, 2024.
Declared Dividend • Aug 30Final dividend of AU$0.025 announcedShareholders will receive a dividend of AU$0.025. Ex-date: 17th September 2024 Payment date: 9th October 2024 Dividend yield will be 3.2%, which is lower than the industry average of 3.6%. Sustainability & Growth Dividend is covered by earnings (31% earnings payout ratio) but not adequately covered by cash flows (90.1% cash payout ratio). The dividend has increased by an average of 39% per year over the past 3 years and payments have been stable during that time. EPS is expected to grow by 38% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Aug 28Full year 2024 earnings released: EPS: AU$0.087 (vs AU$0.079 in FY 2023)Full year 2024 results: EPS: AU$0.087 (up from AU$0.079 in FY 2023). Revenue: AU$555.8m (up 13% from FY 2023). Net income: AU$21.4m (up 12% from FY 2023). Profit margin: 3.9% (in line with FY 2023). Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Construction industry in Australia. Over the last 3 years on average, earnings per share has increased by 50% per year whereas the company’s share price has increased by 49% per year.
공시 • Aug 01Duratec Limited to Report Fiscal Year 2024 Results on Aug 28, 2024Duratec Limited announced that they will report fiscal year 2024 results on Aug 28, 2024
Valuation Update With 7 Day Price Move • May 16Investor sentiment improves as stock rises 18%After last week's 18% share price gain to AU$1.14, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 15x in the Construction industry in Australia. Total returns to shareholders of 224% over the past three years.
Upcoming Dividend • Mar 08Upcoming dividend of AU$0.015 per shareEligible shareholders must have bought the stock before 15 March 2024. Payment date: 07 May 2024. Payout ratio is a comfortable 31% but the company is paying out more than the cash it is generating. Trailing yield: 3.1%. Lower than top quartile of Australian dividend payers (6.2%). In line with average of industry peers (3.4%).
Reported Earnings • Feb 26First half 2024 earnings released: EPS: AU$0.05 (vs AU$0.032 in 1H 2023)First half 2024 results: EPS: AU$0.05 (up from AU$0.032 in 1H 2023). Revenue: AU$292.7m (up 28% from 1H 2023). Net income: AU$12.2m (up 56% from 1H 2023). Profit margin: 4.2% (up from 3.4% in 1H 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Construction industry in Australia. Over the last 3 years on average, earnings per share has increased by 39% per year whereas the company’s share price has increased by 35% per year.
Valuation Update With 7 Day Price Move • Feb 07Investor sentiment improves as stock rises 16%After last week's 16% share price gain to AU$1.60, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 15x in the Construction industry in Australia. Total returns to shareholders of 196% over the past three years.
공시 • Feb 02Duratec Limited to Report First Half, 2024 Results on Feb 22, 2024Duratec Limited announced that they will report first half, 2024 results on Feb 22, 2024
Valuation Update With 7 Day Price Move • Dec 08Investor sentiment improves as stock rises 16%After last week's 16% share price gain to AU$1.51, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 13x in the Construction industry in Australia. Total returns to shareholders of 175% over the past three years.
공시 • Nov 25Duratec Limited Announces Managing Director Changes, Effective 1 December 2023Duratec Limited announces the resignation of Mr. Phil Harcourt as Managing Director of the Company, effective 1 December 2023. Although Mr. Harcourt will be retiring from his executive role in the Company, Mr. Harcourt will remain very much involved in Duratec's continued success into the future, as a Non-Executive Director on both the Duratec Limited and DDR Australia boards. The Company announced that it has appointed Mr. Chris Oates (Executive Director) as Managing Director effective 1 December 2023. Mr. Oates was a fellow founder of Duratec Limited in 2010 alongside Mr. Harcourt and Mr. Diprose and has been a Director and senior executive in the company since inception. Mr. Oates has a deep understanding of the Company's operations and has been fundamental in the Company's growth and performance, making him the ideal candidate for leading the Company into the future.
공시 • Nov 24Duratec Limited Provides Earnings Guidance for the Year Full Year Ended 30 June 2024Duratec Limited provided earnings guidance for the year full year ended 30 June 2024. For the year, the Company's revenue is expected to be in the range of $570 million to $610 million.
공시 • Sep 16Duratec Limited, Annual General Meeting, Nov 10, 2023Duratec Limited, Annual General Meeting, Nov 10, 2023.
Recent Insider Transactions • Sep 15Insider recently sold AU$3.6m worth of stockOn the 8th of September, Deane Diprose sold around 3m shares on-market at roughly AU$1.35 per share. This transaction amounted to 10% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth AU$4.2m. Insiders have been net sellers, collectively disposing of AU$11m more than they bought in the last 12 months.
Upcoming Dividend • Sep 08Upcoming dividend of AU$0.03 per share at 3.0% yieldEligible shareholders must have bought the stock before 15 September 2023. Payment date: 09 October 2023. Payout ratio is a comfortable 51% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Australian dividend payers (7.0%). Lower than average of industry peers (3.6%).
New Risk • Aug 26New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 3.0% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (2.8% increase in shares outstanding). Significant insider selling over the past 3 months (AU$4.2m sold).
Reported Earnings • Aug 25Full year 2023 earnings released: EPS: AU$0.079 (vs AU$0.032 in FY 2022)Full year 2023 results: EPS: AU$0.079 (up from AU$0.032 in FY 2022). Revenue: AU$491.8m (up 59% from FY 2022). Net income: AU$19.2m (up 147% from FY 2022). Profit margin: 3.9% (up from 2.5% in FY 2022). The increase in margin was driven by higher revenue.
공시 • Aug 25Duratec Limited Declares Final Dividend (Fully Franked) for Year 2023, Payable on 9 October 2023Duratec Limited announced that since the end of the financial year, the Directors have recommended the payment of a final ordinary dividend for 2023 of 3.0 cents per fully paid share, franked to 100%, to be paid on 9 October 2023.
공시 • Jun 30Duratec Limited Appoints Krista Bates as Non-Executive DirectorDuratec Limited announced the appointment of Krista Bates as a Non-Executive Director to the Duratec Board, effective 1 July 2023. Krista Bates joins the Duratec Board as a highly credentialed non-executive and executive director of various listed companies (Australian Stock Exchange and London Stock Exchange). Krista is a highly accomplished international lawyer specialising in mergers and acquisitions, with comprehensive knowledge of global corporate law, strategic thinking, negotiations, and commercial acumen.
Valuation Update With 7 Day Price Move • May 29Investor sentiment improves as stock rises 16%After last week's 16% share price gain to AU$1.10, the stock trades at a trailing P/E ratio of 18.2x. Average trailing P/E is 15x in the Construction industry in Australia. Total returns to shareholders of 223% over the past year.
Board Change • Mar 31Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Chairman Martin Brydon was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.