View ValuationGR Engineering Services 향후 성장Future 기준 점검 2/6GR Engineering Services의 수익이 증가할 것으로 예상됨입니다.핵심 정보n/a이익 성장률n/aEPS 성장률Metals and Mining 이익 성장15.1%매출 성장률12.5%향후 자기자본이익률65.16%애널리스트 커버리지Low마지막 업데이트24 Nov 2025최근 향후 성장 업데이트업데이트 없음모든 업데이트 보기Recent updates공지 • Sep 15GR Engineering Services Limited, Annual General Meeting, Nov 21, 2025GR Engineering Services Limited, Annual General Meeting, Nov 21, 2025.Declared Dividend • Aug 27Final dividend increased to AU$0.12Dividend of AU$0.12 is 20% higher than last year. Ex-date: 1st September 2025 Payment date: 25th September 2025 Dividend yield will be 5.1%, which is about the same as the industry average. Sustainability & Growth Dividend is not covered by earnings (108% earnings payout ratio) nor is it covered by cash flows (112% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 19% to bring the payout ratio under control, which is less than the 21% EPS growth achieved over the last 5 years.New Risk • Aug 26New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 108% Cash payout ratio: 112% Dividend yield: 5.7% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.Reported Earnings • Aug 26Full year 2025 earnings released: EPS: AU$0.20 (vs AU$0.19 in FY 2024)Full year 2025 results: EPS: AU$0.20 (up from AU$0.19 in FY 2024). Revenue: AU$479.0m (up 13% from FY 2024). Net income: AU$34.2m (up 9.7% from FY 2024). Profit margin: 7.1% (down from 7.4% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Metals and Mining industry in Australia. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth.공지 • Aug 25Gr Engineering Services Limited Declares Ordinary Dividend for the Six Months Ended June 30, 2025; Payable on September 25, 2025GR Engineering Services Limited declared ordinary dividend of AUD 0.12000000 per share for the six months ended June 30, 2025. Payable on September 25, 2025; Record Date September 9, 2025. Ex Date: September 1, 2025.공지 • Feb 24GR Engineering Services Limited Declares Fully Franked Dividend for the Six Months Ended 31 December 2024, Payable on 25 March 2025GR Engineering Services Limited announced that a fully franked dividend of 10.0 cents per share has been declared for the six months ended 31 December 2024 (31 December 2023: 9.0 cents per share fully franked). The ex-dividend date for the interim dividend is 4 March 2025, the record date for determining entitlements to the interim dividend is 5 March 2025 and the payment date for the interim dividend is 25 March 2025.공지 • Oct 29GR Engineering Services Limited, Annual General Meeting, Nov 27, 2024GR Engineering Services Limited, Annual General Meeting, Nov 27, 2024. Location: empire bar, 220 great eastern hwy, lathlain, western australia, Australia공지 • Aug 24GR Engineering Services Limited Declares Final Dividend for the Financial Year Ended 30 June 2024, Payable on 20 September 2024On 15 August 2024, the Board of GR Engineering Services Limited resolved to declare a final dividend of 10 cents per share, fully franked for the financial year ended 30 June 2024. The ex- dividend date for this dividend will be 2 September 2024, the Record Date is 3 September 2024 and the Payment Date will be 20 September 2024.공지 • Jul 12GR Engineering Services Limited Announces the Temporary Suspension of Nickel West Operations and the West Musgrave ProjectGR Engineering Services Limited announced the temporary suspension of Nickel West operations and the West Musgrave Project. The company stated that a transition period will commence from July 2024, with operations to be suspended in October 2024 and handover activities for temporary suspension will be completed by December 2024.Upcoming Dividend • Feb 26Upcoming dividend of AU$0.09 per shareEligible shareholders must have bought the stock before 04 March 2024. Payment date: 25 March 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 8.3%. Within top quartile of Australian dividend payers (6.5%). Higher than average of industry peers (5.1%).Declared Dividend • Feb 24First half dividend of AU$0.09 announcedDividend of AU$0.09 is the same as last year. Ex-date: 4th March 2024 Payment date: 25th March 2024 Dividend yield will be 8.3%, which is higher than the industry average of 5.1%. Sustainability & Growth Dividend is not covered by earnings (107% earnings payout ratio) nor is it covered by cash flows (276% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 19% to bring the payout ratio under control, which is less than the 31% EPS growth achieved over the last 5 years.Reported Earnings • Feb 23First half 2024 earnings released: EPS: AU$0.087 (vs AU$0.08 in 1H 2023)First half 2024 results: EPS: AU$0.087 (up from AU$0.08 in 1H 2023). Revenue: AU$187.3m (down 44% from 1H 2023). Net income: AU$14.3m (up 10% from 1H 2023). Profit margin: 7.6% (up from 3.9% in 1H 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 19% per year.Buying Opportunity • Jan 05Now 22% undervaluedOver the last 90 days, the stock is up 6.5%. The fair value is estimated to be AU$2.93, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 31% over the last 3 years. Meanwhile, the company has become profitable.New Risk • Aug 29New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 112% Cash payout ratio: 304% Minor Risk Shareholders have been diluted in the past year (2.1% increase in shares outstanding).Upcoming Dividend • Aug 28Upcoming dividend of AU$0.10 per share at 8.3% yieldEligible shareholders must have bought the stock before 04 September 2023. Payment date: 22 September 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 8.3%. Within top quartile of Australian dividend payers (7.1%). Higher than average of industry peers (5.9%).공지 • Aug 24GR Engineering Services Limited, Annual General Meeting, Nov 22, 2023GR Engineering Services Limited, Annual General Meeting, Nov 22, 2023.공지 • Aug 23GR Engineering Services Limited Announces Ordinary Fully Franked Dividend for the Period of Six Months Ended 30 June 2023, Payment Date Is 22 September 2023GR Engineering Services Limited announced Ordinary fully franked dividend of AUD 0.10000000 for the period of six months ended 30 June 2023. Ex Date is 4 September 2023. Record Date is 5 September 2023. Payment Date is 22 September 2023.Reported Earnings • Aug 23Full year 2023 earnings released: EPS: AU$0.17 (vs AU$0.22 in FY 2022)Full year 2023 results: EPS: AU$0.17 (down from AU$0.22 in FY 2022). Revenue: AU$557.4m (down 15% from FY 2022). Net income: AU$27.5m (down 21% from FY 2022). Profit margin: 4.9% (down from 5.3% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth.New Risk • Aug 23New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 95% Cash payout ratio: 173% Minor Risk Latest financial reports are more than 6 months old (reported December 2022 fiscal period end).Buying Opportunity • Aug 17Now 21% undervaluedOver the last 90 days, the stock is up 20%. The fair value is estimated to be AU$2.85, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 44% over the last 3 years. Meanwhile, the company has become profitable.Buying Opportunity • Mar 20Now 22% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be AU$2.47, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 44% over the last 3 years. Meanwhile, the company has become profitable.Reported Earnings • Feb 22First half 2023 earnings released: EPS: AU$0.08 (vs AU$0.096 in 1H 2022)First half 2023 results: EPS: AU$0.08 (down from AU$0.096 in 1H 2022). Revenue: AU$331.9m (up 9.8% from 1H 2022). Net income: AU$13.0m (down 12% from 1H 2022). Profit margin: 3.9% (down from 4.9% in 1H 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth.공지 • Feb 16GR Engineering Services Limited Appoints Tony Patrizi as Managing DirectorGR Engineering Services Limited announced that Tony Patrizi will be appointed as Managing Director, effective immediately. Tony Patrizi has been GR Engineering's acting Managing Director since October 2022. Tony Patrizi is a co-founder of GR Engineering and is a Mechanical Engineer with over 40 years' experience in the mining and minerals processing sector. Tony has held an executive role on the Board and has been a key member of GR Engineering's senior management team since the company's inception. Tony Patrizi was selected following a comprehensive search conducted by an external search agency. This search considered experienced and highly credentialled candidates.Board Change • Nov 17Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 2 highly experienced directors. Independent Non-Executive Director Joe Totaro was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Reported Earnings • Aug 24Full year 2022 earnings released: EPS: AU$0.22 (vs AU$0.14 in FY 2021)Full year 2022 results: EPS: AU$0.22 (up from AU$0.14 in FY 2021). Revenue: AU$654.0m (up 66% from FY 2021). Net income: AU$34.7m (up 65% from FY 2021). Profit margin: 5.3% (in line with FY 2021). Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.Board Change • Aug 02Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 2 highly experienced directors. Independent Non-Executive Director Joe Totaro was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Valuation Update With 7 Day Price Move • Jul 05Investor sentiment improved over the past weekAfter last week's 17% share price gain to AU$2.00, the stock trades at a trailing P/E ratio of 10.8x. Average trailing P/E is 9x in the Metals and Mining industry in Australia. Total returns to shareholders of 161% over the past three years.Reported Earnings • Feb 24First half 2022 earnings: EPS in line with analyst expectations despite revenue beatFirst half 2022 results: EPS: AU$0.096 (up from AU$0.055 in 1H 2021). Revenue: AU$302.3m (up 71% from 1H 2021). Net income: AU$14.7m (up 73% from 1H 2021). Profit margin: 4.9% (up from 4.8% in 1H 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.1%. Over the next year, revenue is expected to shrink by 1.4% compared to a 761% growth forecast for the industry in Australia. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Aug 30Investor sentiment improved over the past weekAfter last week's 17% share price gain to AU$1.73, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 10x in the Metals and Mining industry in Australia. Total returns to shareholders of 53% over the past three years.Reported Earnings • Aug 26Full year 2021 earnings released: EPS AU$0.15 (vs AU$0.047 loss in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: AU$393.4m (up 75% from FY 2020). Net income: AU$23.2m (up AU$30.5m from FY 2020). Profit margin: 5.9% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.공지 • Apr 29GR Engineering Services Limited (ASX:GNG) entered into an agreement to acquire Mipac Holdings Pty Ltd from Eddie De Rivera and others for AUD 21.3 million.GR Engineering Services Limited (ASX:GNG) entered into an agreement to acquire Mipac Holdings Pty Ltd from Eddie De Rivera and others for AUD 21.3 million on April 27, 2021. As per the terms, GR Engineering Services Limited will pay AUD 7.5 million in cash and will issue of 5.4 million shares on completion and will also pay a further consideration of AUD 2 million in cash and will issue up to 3.8 million ordinary shares, subject to Mipac achieving agreed normalized EBITDA targets. The cash payment to be paid or that may be payable under the share sale agreement is to be funded from GR Engineering Services Limited’s existing cash reserves. All shares issued as purchase price consideration will be subject to a 12 month voluntary escrow arrangement from the date of issue. As a part of the transaction, Mipac Holdings Pty Ltd’s current Managing Director and major shareholder, Eddie De Rivera, has agreed to continue in this role and Mipac Holdings Pty Ltd’s team will join GR Engineering Services Limited. The transaction is subject to obtaining third party consents, retaining the services of key personnel and is expected to complete prior to 31 May 2021. The transaction is expected to be immediately earnings per share (EPS) accretive and is not anticipated to have a material impact on GR Engineering Services Limited’s earnings in the financial year ending June 30, 2021.Upcoming Dividend • Mar 04Upcoming Dividend of AU$0.05 Per ShareWill be paid on the 1st of April to those who are registered shareholders by the 11th of March. The trailing yield of 6.9% is in the top quartile of Australian dividend payers (5.5%), and it is higher than industry peers (5.0%).Analyst Estimate Surprise Post Earnings • Feb 24Revenue beats expectationsRevenue exceeded analyst estimates by 14%. Over the next year, revenue is forecast to grow 24%, compared to a 141% growth forecast for the Metals and Mining industry in Australia.Reported Earnings • Feb 23First half 2021 earnings released: EPS AU$0.055 (vs AU$0.073 loss in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: AU$176.3m (up 85% from 1H 2020). Net income: AU$8.53m (up AU$19.7m from 1H 2020). Profit margin: 4.8% (up from net loss in 1H 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Feb 13New 90-day high: AU$1.33The company is up 27% from its price of AU$1.05 on 11 November 2020. The Australian market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$1.11 per share.Is New 90 Day High Low • Feb 05New 90-day high: AU$1.28The company is up 21% from its price of AU$1.06 on 05 November 2020. The Australian market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$1.05 per share.Is New 90 Day High Low • Feb 03New 90-day high: AU$1.27The company is up 20% from its price of AU$1.06 on 05 November 2020. The Australian market is up 11% over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the Metals and Mining industry, which is also up 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$1.06 per share.Is New 90 Day High Low • Dec 31New 90-day high: AU$1.22The company is up 16% from its price of AU$1.06 on 02 October 2020. The Australian market is up 14% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$1.08 per share.Upcoming Dividend • Oct 01Upcoming Dividend of AU$0.04 Per ShareWill be paid on the 21st of October to those who are registered shareholders by the 8th of October. The trailing yield of 5.9% is in the top quartile of Australian dividend payers (5.7%), and it is higher than industry peers (5.2%).이익 및 매출 성장 예측CHIA:GNG - 애널리스트 향후 추정치 및 과거 재무 데이터 (AUD Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수6/30/2028600N/A586116/30/2027560N/A555816/30/2026505N/A5256112/31/2025425302022N/A9/30/2025452322830N/A6/30/2025479343638N/A3/31/2025494366267N/A12/31/2024509398995N/A9/30/2024466355763N/A6/30/2024424312630N/A3/31/2024415301822N/A12/31/2023407291114N/A9/30/2023479281114N/A6/30/2023551271014N/A3/31/2023616301418N/A12/31/2022681331821N/A9/30/2022666344246N/A6/30/2022652356670N/A3/31/2022585316771N/A12/31/2021519276971N/A9/30/2021456245860N/A6/30/2021393214849N/A3/31/2021350174143N/A12/31/2020307123537N/A9/30/202026632324N/A6/30/2020226-71011N/A3/31/2020206-777N/A12/31/2019187-734N/A9/30/20191850N/A14N/A6/30/20191837N/A25N/A3/31/20191907N/A12N/A12/31/20181987N/A0N/A9/30/20182419N/A0N/A6/30/201828412N/A-1N/A3/31/201829712N/A7N/A12/31/201731112N/A14N/A9/30/201727513N/A1N/A6/30/201723913N/A-13N/A3/31/201723716N/A0N/A12/31/201623418N/A14N/A9/30/201624519N/A16N/A6/30/201625619N/A18N/A3/31/201625117N/A15N/A12/31/201524615N/A11N/A9/30/201523114N/A27N/A6/30/201521713N/A42N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: GNG 의 예상 수익 증가율이 절약률(3.6%)보다 높은지 판단하기에는 데이터가 부족합니다.수익 vs 시장: GNG 의 수익이 Australian 시장보다 빠르게 성장할 것으로 예상되는지 판단하기에는 데이터가 부족합니다.고성장 수익: GNG 의 수익이 향후 3년 동안 상당히 증가할 것으로 예상되는지 판단하기에는 데이터가 부족합니다.수익 대 시장: GNG 의 수익(연간 12.5%)이 Australian 시장(연간 6.4%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: GNG 의 수익(연간 12.5%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: GNG의 자본 수익률은 3년 후 65.2%로 매우 높을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YMaterials 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/08 05:24종가2026/05/08 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 소스GR Engineering Services Limited는 2명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Steven AnastasiouBell PotterSam PittmanTaylor Collison Limited
공지 • Sep 15GR Engineering Services Limited, Annual General Meeting, Nov 21, 2025GR Engineering Services Limited, Annual General Meeting, Nov 21, 2025.
Declared Dividend • Aug 27Final dividend increased to AU$0.12Dividend of AU$0.12 is 20% higher than last year. Ex-date: 1st September 2025 Payment date: 25th September 2025 Dividend yield will be 5.1%, which is about the same as the industry average. Sustainability & Growth Dividend is not covered by earnings (108% earnings payout ratio) nor is it covered by cash flows (112% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 19% to bring the payout ratio under control, which is less than the 21% EPS growth achieved over the last 5 years.
New Risk • Aug 26New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 108% Cash payout ratio: 112% Dividend yield: 5.7% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.
Reported Earnings • Aug 26Full year 2025 earnings released: EPS: AU$0.20 (vs AU$0.19 in FY 2024)Full year 2025 results: EPS: AU$0.20 (up from AU$0.19 in FY 2024). Revenue: AU$479.0m (up 13% from FY 2024). Net income: AU$34.2m (up 9.7% from FY 2024). Profit margin: 7.1% (down from 7.4% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Metals and Mining industry in Australia. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth.
공지 • Aug 25Gr Engineering Services Limited Declares Ordinary Dividend for the Six Months Ended June 30, 2025; Payable on September 25, 2025GR Engineering Services Limited declared ordinary dividend of AUD 0.12000000 per share for the six months ended June 30, 2025. Payable on September 25, 2025; Record Date September 9, 2025. Ex Date: September 1, 2025.
공지 • Feb 24GR Engineering Services Limited Declares Fully Franked Dividend for the Six Months Ended 31 December 2024, Payable on 25 March 2025GR Engineering Services Limited announced that a fully franked dividend of 10.0 cents per share has been declared for the six months ended 31 December 2024 (31 December 2023: 9.0 cents per share fully franked). The ex-dividend date for the interim dividend is 4 March 2025, the record date for determining entitlements to the interim dividend is 5 March 2025 and the payment date for the interim dividend is 25 March 2025.
공지 • Oct 29GR Engineering Services Limited, Annual General Meeting, Nov 27, 2024GR Engineering Services Limited, Annual General Meeting, Nov 27, 2024. Location: empire bar, 220 great eastern hwy, lathlain, western australia, Australia
공지 • Aug 24GR Engineering Services Limited Declares Final Dividend for the Financial Year Ended 30 June 2024, Payable on 20 September 2024On 15 August 2024, the Board of GR Engineering Services Limited resolved to declare a final dividend of 10 cents per share, fully franked for the financial year ended 30 June 2024. The ex- dividend date for this dividend will be 2 September 2024, the Record Date is 3 September 2024 and the Payment Date will be 20 September 2024.
공지 • Jul 12GR Engineering Services Limited Announces the Temporary Suspension of Nickel West Operations and the West Musgrave ProjectGR Engineering Services Limited announced the temporary suspension of Nickel West operations and the West Musgrave Project. The company stated that a transition period will commence from July 2024, with operations to be suspended in October 2024 and handover activities for temporary suspension will be completed by December 2024.
Upcoming Dividend • Feb 26Upcoming dividend of AU$0.09 per shareEligible shareholders must have bought the stock before 04 March 2024. Payment date: 25 March 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 8.3%. Within top quartile of Australian dividend payers (6.5%). Higher than average of industry peers (5.1%).
Declared Dividend • Feb 24First half dividend of AU$0.09 announcedDividend of AU$0.09 is the same as last year. Ex-date: 4th March 2024 Payment date: 25th March 2024 Dividend yield will be 8.3%, which is higher than the industry average of 5.1%. Sustainability & Growth Dividend is not covered by earnings (107% earnings payout ratio) nor is it covered by cash flows (276% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 19% to bring the payout ratio under control, which is less than the 31% EPS growth achieved over the last 5 years.
Reported Earnings • Feb 23First half 2024 earnings released: EPS: AU$0.087 (vs AU$0.08 in 1H 2023)First half 2024 results: EPS: AU$0.087 (up from AU$0.08 in 1H 2023). Revenue: AU$187.3m (down 44% from 1H 2023). Net income: AU$14.3m (up 10% from 1H 2023). Profit margin: 7.6% (up from 3.9% in 1H 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 19% per year.
Buying Opportunity • Jan 05Now 22% undervaluedOver the last 90 days, the stock is up 6.5%. The fair value is estimated to be AU$2.93, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 31% over the last 3 years. Meanwhile, the company has become profitable.
New Risk • Aug 29New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 112% Cash payout ratio: 304% Minor Risk Shareholders have been diluted in the past year (2.1% increase in shares outstanding).
Upcoming Dividend • Aug 28Upcoming dividend of AU$0.10 per share at 8.3% yieldEligible shareholders must have bought the stock before 04 September 2023. Payment date: 22 September 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 8.3%. Within top quartile of Australian dividend payers (7.1%). Higher than average of industry peers (5.9%).
공지 • Aug 24GR Engineering Services Limited, Annual General Meeting, Nov 22, 2023GR Engineering Services Limited, Annual General Meeting, Nov 22, 2023.
공지 • Aug 23GR Engineering Services Limited Announces Ordinary Fully Franked Dividend for the Period of Six Months Ended 30 June 2023, Payment Date Is 22 September 2023GR Engineering Services Limited announced Ordinary fully franked dividend of AUD 0.10000000 for the period of six months ended 30 June 2023. Ex Date is 4 September 2023. Record Date is 5 September 2023. Payment Date is 22 September 2023.
Reported Earnings • Aug 23Full year 2023 earnings released: EPS: AU$0.17 (vs AU$0.22 in FY 2022)Full year 2023 results: EPS: AU$0.17 (down from AU$0.22 in FY 2022). Revenue: AU$557.4m (down 15% from FY 2022). Net income: AU$27.5m (down 21% from FY 2022). Profit margin: 4.9% (down from 5.3% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth.
New Risk • Aug 23New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 95% Cash payout ratio: 173% Minor Risk Latest financial reports are more than 6 months old (reported December 2022 fiscal period end).
Buying Opportunity • Aug 17Now 21% undervaluedOver the last 90 days, the stock is up 20%. The fair value is estimated to be AU$2.85, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 44% over the last 3 years. Meanwhile, the company has become profitable.
Buying Opportunity • Mar 20Now 22% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be AU$2.47, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 44% over the last 3 years. Meanwhile, the company has become profitable.
Reported Earnings • Feb 22First half 2023 earnings released: EPS: AU$0.08 (vs AU$0.096 in 1H 2022)First half 2023 results: EPS: AU$0.08 (down from AU$0.096 in 1H 2022). Revenue: AU$331.9m (up 9.8% from 1H 2022). Net income: AU$13.0m (down 12% from 1H 2022). Profit margin: 3.9% (down from 4.9% in 1H 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth.
공지 • Feb 16GR Engineering Services Limited Appoints Tony Patrizi as Managing DirectorGR Engineering Services Limited announced that Tony Patrizi will be appointed as Managing Director, effective immediately. Tony Patrizi has been GR Engineering's acting Managing Director since October 2022. Tony Patrizi is a co-founder of GR Engineering and is a Mechanical Engineer with over 40 years' experience in the mining and minerals processing sector. Tony has held an executive role on the Board and has been a key member of GR Engineering's senior management team since the company's inception. Tony Patrizi was selected following a comprehensive search conducted by an external search agency. This search considered experienced and highly credentialled candidates.
Board Change • Nov 17Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 2 highly experienced directors. Independent Non-Executive Director Joe Totaro was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Reported Earnings • Aug 24Full year 2022 earnings released: EPS: AU$0.22 (vs AU$0.14 in FY 2021)Full year 2022 results: EPS: AU$0.22 (up from AU$0.14 in FY 2021). Revenue: AU$654.0m (up 66% from FY 2021). Net income: AU$34.7m (up 65% from FY 2021). Profit margin: 5.3% (in line with FY 2021). Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.
Board Change • Aug 02Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 2 highly experienced directors. Independent Non-Executive Director Joe Totaro was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Valuation Update With 7 Day Price Move • Jul 05Investor sentiment improved over the past weekAfter last week's 17% share price gain to AU$2.00, the stock trades at a trailing P/E ratio of 10.8x. Average trailing P/E is 9x in the Metals and Mining industry in Australia. Total returns to shareholders of 161% over the past three years.
Reported Earnings • Feb 24First half 2022 earnings: EPS in line with analyst expectations despite revenue beatFirst half 2022 results: EPS: AU$0.096 (up from AU$0.055 in 1H 2021). Revenue: AU$302.3m (up 71% from 1H 2021). Net income: AU$14.7m (up 73% from 1H 2021). Profit margin: 4.9% (up from 4.8% in 1H 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.1%. Over the next year, revenue is expected to shrink by 1.4% compared to a 761% growth forecast for the industry in Australia. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Aug 30Investor sentiment improved over the past weekAfter last week's 17% share price gain to AU$1.73, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 10x in the Metals and Mining industry in Australia. Total returns to shareholders of 53% over the past three years.
Reported Earnings • Aug 26Full year 2021 earnings released: EPS AU$0.15 (vs AU$0.047 loss in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: AU$393.4m (up 75% from FY 2020). Net income: AU$23.2m (up AU$30.5m from FY 2020). Profit margin: 5.9% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
공지 • Apr 29GR Engineering Services Limited (ASX:GNG) entered into an agreement to acquire Mipac Holdings Pty Ltd from Eddie De Rivera and others for AUD 21.3 million.GR Engineering Services Limited (ASX:GNG) entered into an agreement to acquire Mipac Holdings Pty Ltd from Eddie De Rivera and others for AUD 21.3 million on April 27, 2021. As per the terms, GR Engineering Services Limited will pay AUD 7.5 million in cash and will issue of 5.4 million shares on completion and will also pay a further consideration of AUD 2 million in cash and will issue up to 3.8 million ordinary shares, subject to Mipac achieving agreed normalized EBITDA targets. The cash payment to be paid or that may be payable under the share sale agreement is to be funded from GR Engineering Services Limited’s existing cash reserves. All shares issued as purchase price consideration will be subject to a 12 month voluntary escrow arrangement from the date of issue. As a part of the transaction, Mipac Holdings Pty Ltd’s current Managing Director and major shareholder, Eddie De Rivera, has agreed to continue in this role and Mipac Holdings Pty Ltd’s team will join GR Engineering Services Limited. The transaction is subject to obtaining third party consents, retaining the services of key personnel and is expected to complete prior to 31 May 2021. The transaction is expected to be immediately earnings per share (EPS) accretive and is not anticipated to have a material impact on GR Engineering Services Limited’s earnings in the financial year ending June 30, 2021.
Upcoming Dividend • Mar 04Upcoming Dividend of AU$0.05 Per ShareWill be paid on the 1st of April to those who are registered shareholders by the 11th of March. The trailing yield of 6.9% is in the top quartile of Australian dividend payers (5.5%), and it is higher than industry peers (5.0%).
Analyst Estimate Surprise Post Earnings • Feb 24Revenue beats expectationsRevenue exceeded analyst estimates by 14%. Over the next year, revenue is forecast to grow 24%, compared to a 141% growth forecast for the Metals and Mining industry in Australia.
Reported Earnings • Feb 23First half 2021 earnings released: EPS AU$0.055 (vs AU$0.073 loss in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: AU$176.3m (up 85% from 1H 2020). Net income: AU$8.53m (up AU$19.7m from 1H 2020). Profit margin: 4.8% (up from net loss in 1H 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Feb 13New 90-day high: AU$1.33The company is up 27% from its price of AU$1.05 on 11 November 2020. The Australian market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$1.11 per share.
Is New 90 Day High Low • Feb 05New 90-day high: AU$1.28The company is up 21% from its price of AU$1.06 on 05 November 2020. The Australian market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$1.05 per share.
Is New 90 Day High Low • Feb 03New 90-day high: AU$1.27The company is up 20% from its price of AU$1.06 on 05 November 2020. The Australian market is up 11% over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the Metals and Mining industry, which is also up 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$1.06 per share.
Is New 90 Day High Low • Dec 31New 90-day high: AU$1.22The company is up 16% from its price of AU$1.06 on 02 October 2020. The Australian market is up 14% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$1.08 per share.
Upcoming Dividend • Oct 01Upcoming Dividend of AU$0.04 Per ShareWill be paid on the 21st of October to those who are registered shareholders by the 8th of October. The trailing yield of 5.9% is in the top quartile of Australian dividend payers (5.7%), and it is higher than industry peers (5.2%).