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GUD

GUD HoldingsASX:GUD Stock Report

Market Cap

AU$970.4m

7D

0.6%

1Y

-7.2%

Updated

24 Sep, 2021

Data

Company Financials +
GUD fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance4/6
Financial Health5/6
Dividends4/6

GUD Overview

GUD Holdings Limited, through its subsidiaries, engages in the manufacture and importation, distribution, and sale of automotive products, pumps, pool and spa systems, and water pressure systems in Australia, New Zealand, France, and the United States.

GUD Holdings Competitors

Price History & Performance

Summary of all time highs, changes and price drops for GUD Holdings
Historical stock prices
Current Share PriceAU$10.19
52 Week HighAU$10.02
52 Week LowAU$13.69
Beta0.42
1 Month Change-5.21%
3 Month Change-14.37%
1 Year Change-7.20%
3 Year Change-29.58%
5 Year Change-3.23%
Change since IPO352.89%

Recent News & Updates

Shareholder Returns

GUDAU Auto ComponentsAU Market
7D0.6%0.5%-0.5%
1Y-7.2%43.5%24.9%

Return vs Industry: GUD underperformed the Australian Auto Components industry which returned 43.5% over the past year.

Return vs Market: GUD underperformed the Australian Market which returned 24.9% over the past year.

Price Volatility

Is GUD's price volatile compared to industry and market?
GUD volatility
GUD Beta0.42
Industry Beta0.49
Market Beta1

Stable Share Price: GUD is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: GUD's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19581,115Graeme Whickmanhttps://www.gud.com.au

GUD Holdings Limited, through its subsidiaries, engages in the manufacture and importation, distribution, and sale of automotive products, pumps, pool and spa systems, and water pressure systems in Australia, New Zealand, France, and the United States. It operates through Automotive and Davey segments. The Automotive segment offers automotive and heavy-duty filters for cars, trucks, and agricultural and mining equipment; and fuel pumps and associated products for the automotive after-market.

GUD Holdings Fundamentals Summary

How do GUD Holdings's earnings and revenue compare to its market cap?
GUD fundamental statistics
Market CapAU$970.39m
Earnings (TTM)AU$60.97m
Revenue (TTM)AU$556.98m

15.9x

P/E Ratio

1.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
GUD income statement (TTM)
RevenueAU$556.98m
Cost of RevenueAU$310.48m
Gross ProfitAU$246.51m
ExpensesAU$185.54m
EarningsAU$60.97m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.64
Gross Margin44.26%
Net Profit Margin10.95%
Debt/Equity Ratio48.7%

How did GUD perform over the long term?

See historical performance and comparison

Dividends

5.6%

Current Dividend Yield

85%

Payout Ratio

Valuation

Is GUD Holdings undervalued compared to its fair value and its price relative to the market?

15.85x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: GUD (A$10.19) is trading above our estimate of fair value (A$10.02)

Significantly Below Fair Value: GUD is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: GUD is good value based on its PE Ratio (15.9x) compared to the Australian Auto Components industry average (19x).

PE vs Market: GUD is good value based on its PE Ratio (15.9x) compared to the Australian market (19x).


Price to Earnings Growth Ratio

PEG Ratio: GUD is poor value based on its PEG Ratio (2.2x)


Price to Book Ratio

PB vs Industry: GUD is good value based on its PB Ratio (2.5x) compared to the AU Auto Components industry average (2.9x).


Future Growth

How is GUD Holdings forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?

7.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: GUD's forecast earnings growth (7.4% per year) is above the savings rate (1.9%).

Earnings vs Market: GUD's earnings (7.4% per year) are forecast to grow slower than the Australian market (11.5% per year).

High Growth Earnings: GUD's earnings are forecast to grow, but not significantly.

Revenue vs Market: GUD's revenue (5.8% per year) is forecast to grow faster than the Australian market (5.1% per year).

High Growth Revenue: GUD's revenue (5.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: GUD's Return on Equity is forecast to be low in 3 years time (18.8%).


Past Performance

How has GUD Holdings performed over the past 5 years?

3.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GUD has high quality earnings.

Growing Profit Margin: GUD's current net profit margins (10.9%) are higher than last year (10%).


Past Earnings Growth Analysis

Earnings Trend: GUD's earnings have grown by 3.9% per year over the past 5 years.

Accelerating Growth: GUD's earnings growth over the past year (39.6%) exceeds its 5-year average (3.9% per year).

Earnings vs Industry: GUD earnings growth over the past year (39.6%) underperformed the Auto Components industry 81%.


Return on Equity

High ROE: GUD's Return on Equity (15.7%) is considered low.


Financial Health

How is GUD Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: GUD's short term assets (A$356.5M) exceed its short term liabilities (A$132.8M).

Long Term Liabilities: GUD's short term assets (A$356.5M) exceed its long term liabilities (A$297.3M).


Debt to Equity History and Analysis

Debt Level: GUD's debt to equity ratio (48.7%) is considered high.

Reducing Debt: GUD's debt to equity ratio has reduced from 65.3% to 48.7% over the past 5 years.

Debt Coverage: GUD's debt is well covered by operating cash flow (39.3%).

Interest Coverage: GUD's interest payments on its debt are well covered by EBIT (11x coverage).


Balance Sheet


Dividend

What is GUD Holdings's current dividend yield, its reliability and sustainability?

5.59%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: GUD's dividend (5.59%) is higher than the bottom 25% of dividend payers in the Australian market (2.3%).

High Dividend: GUD's dividend (5.59%) is in the top 25% of dividend payers in the Australian market (5.4%)


Stability and Growth of Payments

Stable Dividend: GUD's dividend payments have been volatile in the past 10 years.

Growing Dividend: GUD's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (85%), GUD's payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: GUD's dividends in 3 years are forecast to be covered by earnings (77.6% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

7.3yrs

Average management tenure


CEO

Graeme Whickman

2.92yrs

Tenure

AU$1,803,299

Compensation

Mr. Graeme Whickman, B. Bus, MAICD., is the Managing Director, Chief Executive Officer and Director at GUD Holdings Limited since October 1, 2018. Mr. Whickman was President and Chief Executive Officer of...


CEO Compensation Analysis

Compensation vs Market: Graeme's total compensation ($USD1.32M) is above average for companies of similar size in the Australian market ($USD943.64K).

Compensation vs Earnings: Graeme's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: GUD's management team is seasoned and experienced (7.3 years average tenure).


Board Members

Experienced Board: GUD's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: GUD insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 9.1%.


Top Shareholders

Company Information

GUD Holdings Limited's employee growth, exchange listings and data sources


Key Information

  • Name: GUD Holdings Limited
  • Ticker: GUD
  • Exchange: ASX
  • Founded: 1958
  • Industry: Auto Parts and Equipment
  • Sector: Automobiles
  • Market Cap: AU$970.388m
  • Shares outstanding: 94.86m
  • Website: https://www.gud.com.au

Number of Employees


Location

  • GUD Holdings Limited
  • 29 Taras Avenue
  • Altona North
  • Victoria
  • 3025
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/24 08:05
End of Day Share Price2021/09/24 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.