ARB Stock Overview
ARB Corporation Limited engages in the design, manufacture, distribution, and sale of motor vehicle accessories and light metal engineering works.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$28.69|
|52 Week High||AU$55.00|
|52 Week Low||AU$24.84|
|1 Month Change||-2.65%|
|3 Month Change||-5.87%|
|1 Year Change||-37.71%|
|3 Year Change||55.92%|
|5 Year Change||65.84%|
|Change since IPO||25,981.82%|
Recent News & Updates
ARB Corporation Limited's (ASX:ARB) Intrinsic Value Is Potentially 18% Below Its Share Price
Does the October share price for ARB Corporation Limited ( ASX:ARB ) reflect what it's really worth? Today, we will...
ARB's (ASX:ARB) Dividend Is Being Reduced To A$0.32
ARB Corporation Limited ( ASX:ARB ) is reducing its dividend from last year's comparable payment to A$0.32 on the 21st...
If EPS Growth Is Important To You, ARB (ASX:ARB) Presents An Opportunity
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
|ARB||AU Auto Components||AU Market|
Return vs Industry: ARB underperformed the Australian Auto Components industry which returned -34.6% over the past year.
Return vs Market: ARB underperformed the Australian Market which returned -11.7% over the past year.
|ARB Average Weekly Movement||5.8%|
|Auto Components Industry Average Movement||5.4%|
|Market Average Movement||9.4%|
|10% most volatile stocks in AU Market||16.5%|
|10% least volatile stocks in AU Market||4.2%|
Stable Share Price: ARB is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: ARB's weekly volatility (6%) has been stable over the past year.
About the Company
|1975||n/a||Lachlan A. McCann||https://www.arb.com.au|
ARB Corporation Limited engages in the design, manufacture, distribution, and sale of motor vehicle accessories and light metal engineering works. The company provides bull bars, side rails and steps, canopies, UTE lids and tub accessories, roof racks, cross bars and carriers, suspension systems, driving lights, air compressors and tire accessories, air lockers, winches, recovery equipment and points, under vehicle protection products, fuel tanks and storage, drawers and cargo solutions, slide kitchen, portable fridge freezers, tents, swags and awnings, camping and touring accessories, safari snorkels, dual battery and solar systems, interior protection, and general accessories, as well as rear protection, towing, and wheel carriers. It also offers LINX, a controller that declutters the dashboard and centralizes the command of vehicle accessories by replacing classic switches, gauges, and monitors with one sleek and smart driver interface; and UHF radios, GPS, and reversing cameras.
ARB Fundamentals Summary
|ARB fundamental statistics|
Is ARB overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ARB income statement (TTM)|
|Cost of Revenue||AU$314.29m|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||1.49|
|Net Profit Margin||17.50%|
How did ARB perform over the long term?See historical performance and comparison
2.5%Current Dividend Yield
Does ARB pay a reliable dividends?See ARB dividend history and benchmarks
|ARB dividend dates|
|Ex Dividend Date||Oct 06 2022|
|Dividend Pay Date||Oct 21 2022|
|Days until Ex dividend||1 day|
|Days until Dividend pay date||16 days|
Does ARB pay a reliable dividends?See ARB dividend history and benchmarks
Is ARB undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 4/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for ARB?
Other financial metrics that can be useful for relative valuation.
|What is ARB's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does ARB's PE Ratio compare to its peers?
|ARB PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
GUD GUD Holdings
PWH PWR Holdings
AHL Adrad Holdings
Price-To-Earnings vs Peers: ARB is good value based on its Price-To-Earnings Ratio (19.2x) compared to the peer average (30.1x).
Price to Earnings Ratio vs Industry
How does ARB's PE Ratio compare vs other companies in the Global Auto Components Industry?
Price-To-Earnings vs Industry: ARB is good value based on its Price-To-Earnings Ratio (19.2x) compared to the Global Auto Components industry average (19.7x)
Price to Earnings Ratio vs Fair Ratio
What is ARB's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||19.2x|
|Fair PE Ratio||27.4x|
Price-To-Earnings vs Fair Ratio: ARB is good value based on its Price-To-Earnings Ratio (19.2x) compared to the estimated Fair Price-To-Earnings Ratio (27.4x).
Share Price vs Fair Value
What is the Fair Price of ARB when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: ARB (A$28.69) is trading above our estimate of fair value (A$21.79)
Significantly Below Fair Value: ARB is trading above our estimate of fair value.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.
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How is ARB forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Future Growth Score2/6
Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ARB's forecast earnings growth (3.6% per year) is above the savings rate (1.8%).
Earnings vs Market: ARB's earnings (3.6% per year) are forecast to grow slower than the Australian market (6.4% per year).
High Growth Earnings: ARB's earnings are forecast to grow, but not significantly.
Revenue vs Market: ARB's revenue (8% per year) is forecast to grow faster than the Australian market (3.6% per year).
High Growth Revenue: ARB's revenue (8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ARB's Return on Equity is forecast to be low in 3 years time (18.5%).
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How has ARB performed over the past 5 years?
Past Performance Score3/6
Past Performance Score 3/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ARB has a high level of non-cash earnings.
Growing Profit Margin: ARB's current net profit margins (17.5%) are lower than last year (18%).
Past Earnings Growth Analysis
Earnings Trend: ARB's earnings have grown significantly by 23.1% per year over the past 5 years.
Accelerating Growth: ARB's earnings growth over the past year (8.1%) is below its 5-year average (23.1% per year).
Earnings vs Industry: ARB earnings growth over the past year (8.1%) exceeded the Auto Components industry 6%.
Return on Equity
High ROE: ARB's Return on Equity (22%) is considered high.
Discover strong past performing companies
How is ARB's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: ARB's short term assets (A$359.1M) exceed its short term liabilities (A$99.4M).
Long Term Liabilities: ARB's short term assets (A$359.1M) exceed its long term liabilities (A$49.4M).
Debt to Equity History and Analysis
Debt Level: ARB is debt free.
Reducing Debt: ARB has no debt compared to 5 years ago when its debt to equity ratio was 0.02%.
Debt Coverage: ARB has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ARB has no debt, therefore coverage of interest payments is not a concern.
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What is ARB current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|ARB Dividend Yield vs Market|
|Market Bottom 25% (AU)||2.8%|
|Market Top 25% (AU)||7.2%|
|Industry Average (Auto Components)||2.5%|
|Analyst forecast in 3 Years (ARB)||2.7%|
Notable Dividend: ARB's dividend (2.47%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.8%).
High Dividend: ARB's dividend (2.47%) is low compared to the top 25% of dividend payers in the Australian market (7.21%).
Stability and Growth of Payments
Stable Dividend: ARB's dividends per share have been stable in the past 10 years.
Growing Dividend: ARB's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (47.5%), ARB's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (261%), ARB's dividend payments are not well covered by cash flows.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Lachlan A. McCann
Mr. Lachlan A. M. McCann has been Business Development Manager at ARB Corporation Limited since 2012 and serves as its Chief Executive Officer since July 05, 2022. He served as the Managing Director of Off...
Experienced Management: ARB's management team is seasoned and experienced (10.3 years average tenure).
Experienced Board: ARB's board of directors are seasoned and experienced ( 16.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
|27 Jun 22||BuyAU$58,974||Andrew Stott||Individual||2,000||AU$29.49|
|20 Jun 22||BuyAU$37,568,140||Bennelong Australian Equity Partners Pty Ltd||Company||937,074||AU$40.09|
|26 Apr 22||BuyAU$41,931,239||Bennelong Australian Equity Partners Pty Ltd||Company||924,777||AU$45.34|
|04 Mar 22||BuyAU$20,122||Adrian Fitzpatrick||Individual||500||AU$40.24|
|04 Nov 21||SellAU$49,500,000||Roger Brown||Individual||1,000,000||AU$49.50|
|Owner Type||Number of Shares||Ownership Percentage|
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
ARB Corporation Limited's employee growth, exchange listings and data sources
- Name: ARB Corporation Limited
- Ticker: ARB
- Exchange: ASX
- Founded: 1975
- Industry: Auto Parts and Equipment
- Sector: Automobiles
- Implied Market Cap: AU$2.348b
- Shares outstanding: 81.86m
- Website: https://www.arb.com.au
Number of Employees
- ARB Corporation Limited
- 42-44 Garden Street
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ARB||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Jan 1992|
|ARBF.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Jan 1992|
|ARB||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Jan 1992|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/10/04 00:00|
|End of Day Share Price||2022/10/04 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.