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GUD Holdings

ASX:GUD
Snowflake Description

Excellent balance sheet with proven track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
GUD
ASX
A$861M
Market Cap
  1. Home
  2. AU
  3. Automobiles
Company description

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 Spain. The last earnings update was 139 days ago. More info.


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  • GUD Holdings has significant price volatility in the past 3 months.
GUD Share Price and Events
7 Day Returns
-1%
ASX:GUD
1.2%
AU Auto Components
1.7%
AU Market
1 Year Returns
-30.8%
ASX:GUD
-14.8%
AU Auto Components
5.4%
AU Market
GUD Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
GUD Holdings (GUD) -1% -10.8% -25.2% -30.8% 10.2% 59.9%
AU Auto Components 1.2% -2% -4.8% -14.8% 18.8% 55.1%
AU Market 1.7% 2.8% 5.5% 5.4% 25% 12.3%
1 Year Return vs Industry and Market
  • GUD underperformed the Auto Components industry which returned -14.8% over the past year.
  • GUD underperformed the Market in Australia which returned 5.4% over the past year.
Price Volatility
GUD
Industry
5yr Volatility vs Market

GUD Value

 Is GUD Holdings undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of GUD Holdings to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for GUD Holdings.

ASX:GUD Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 7 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 9.7%
Perpetual Growth Rate 10-Year AU Government Bond Rate 2.3%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for ASX:GUD
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year AU Govt Bond Rate 2.3%
Equity Risk Premium S&P Global 6%
Auto Components Unlevered Beta Simply Wall St/ S&P Global 1.19
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.195 (1 + (1- 30%) (18.49%))
1.234
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.23
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.31% + (1.234 * 5.96%)
9.67%

Discounted Cash Flow Calculation for ASX:GUD using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for GUD Holdings is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

ASX:GUD DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (AUD, Millions) Source Present Value
Discounted (@ 9.67%)
2019 43.00 Analyst x1 39.21
2020 61.00 Analyst x1 50.72
2021 67.62 Est @ 10.85% 51.27
2022 73.23 Est @ 8.29% 50.63
2023 77.99 Est @ 6.5% 49.17
2024 82.07 Est @ 5.24% 47.18
2025 85.66 Est @ 4.36% 44.90
2026 88.87 Est @ 3.75% 42.48
2027 91.81 Est @ 3.32% 40.02
2028 94.58 Est @ 3.02% 37.59
Present value of next 10 years cash flows A$453.17
ASX:GUD DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= A$94.58 × (1 + 2.31%) ÷ (9.67% – 2.31%)
A$1,315.87
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= A$1,315.87 ÷ (1 + 9.67%)10
A$522.99
ASX:GUD Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= A$453.17 + A$522.99
A$976.16
Equity Value per Share
(AUD)
= Total value / Shares Outstanding
= A$976.16 / 86.49
A$11.29
ASX:GUD Discount to Share Price
Calculation Result
Value per share (AUD) From above. A$11.29
Current discount Discount to share price of A$9.96
= -1 x (A$9.96 - A$11.29) / A$11.29
11.8%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price GUD Holdings is available for.
Intrinsic value
12%
Share price is A$9.96 vs Future cash flow value of A$11.29
Current Discount Checks
For GUD Holdings to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • GUD Holdings's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • GUD Holdings's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for GUD Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are GUD Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:GUD PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$0.63
ASX:GUD Share Price ** ASX (2019-06-14) in AUD A$9.96
Global Auto Components Industry PE Ratio Median Figure of 196 Publicly-Listed Auto Components Companies 14.16x
Australia Market PE Ratio Median Figure of 545 Publicly-Listed Companies 16.2x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of GUD Holdings.

ASX:GUD PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:GUD Share Price ÷ EPS (both in AUD)

= 9.96 ÷ 0.63

15.93x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • GUD Holdings is overvalued based on earnings compared to the Global Auto Components industry average.
  • GUD Holdings is good value based on earnings compared to the Australia market.
Price based on expected Growth
Does GUD Holdings's expected growth come at a high price?
Raw Data
ASX:GUD PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 15.93x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 7 Analysts
8.1%per year
Global Auto Components Industry PEG Ratio Median Figure of 101 Publicly-Listed Auto Components Companies 0.91x
Australia Market PEG Ratio Median Figure of 357 Publicly-Listed Companies 1.4x

*Line of best fit is calculated by linear regression .

ASX:GUD PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 15.93x ÷ 8.1%

1.97x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • GUD Holdings is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on GUD Holdings's assets?
Raw Data
ASX:GUD PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$3.12
ASX:GUD Share Price * ASX (2019-06-14) in AUD A$9.96
Australia Auto Components Industry PB Ratio Median Figure of 6 Publicly-Listed Auto Components Companies 3.34x
Australia Market PB Ratio Median Figure of 1,687 Publicly-Listed Companies 1.65x
ASX:GUD PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:GUD Share Price ÷ Book Value per Share (both in AUD)

= 9.96 ÷ 3.12

3.19x

* Primary Listing of GUD Holdings.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • GUD Holdings is good value based on assets compared to the AU Auto Components industry average.
X
Value checks
We assess GUD Holdings's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Auto Components industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Auto Components industry average (and greater than 0)? (1 check)
  5. GUD Holdings has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

GUD Future Performance

 How is GUD Holdings expected to perform in the next 1 to 3 years based on estimates from 7 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
8.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is GUD Holdings expected to grow at an attractive rate?
  • GUD Holdings's earnings growth is expected to exceed the low risk savings rate of 2.3%.
Growth vs Market Checks
  • GUD Holdings's earnings growth is expected to exceed the Australia market average.
  • GUD Holdings's revenue growth is expected to exceed the Australia market average.
Annual Growth Rates Comparison
Raw Data
ASX:GUD Future Growth Rates Data Sources
Data Point Source Value (per year)
ASX:GUD Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 7 Analysts 8.1%
ASX:GUD Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 7 Analysts 6.3%
Global Auto Components Industry Earnings Growth Rate Market Cap Weighted Average 11.6%
Global Auto Components Industry Revenue Growth Rate Market Cap Weighted Average 5.8%
Australia Market Earnings Growth Rate Market Cap Weighted Average 6.9%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ASX:GUD Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 7 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:GUD Future Estimates Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-06-30 500 69 69 6
2020-06-30 473 63 65 7
2019-06-30 443 47 60 7
ASX:GUD Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 422 44 54
2018-09-30 409 52 52
2018-06-30 397 59 50
2018-03-31 386 50
2017-12-31 375 51 49
2017-09-30 366 48 47
2017-06-30 357 45 46
2017-03-31 325 49
2016-12-31 293 66 52
2016-09-30 351 68 44
2016-06-30 409 70 35

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • GUD Holdings's earnings are expected to grow by 8.1% yearly, however this is not considered high growth (20% yearly).
  • GUD Holdings's revenue is expected to grow by 6.3% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ASX:GUD Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 7 Analyst Estimates (S&P Global) See Below

All data from GUD Holdings Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:GUD Future Estimates Data
Date (Data in AUD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-06-30 0.79 0.85 0.72 4.00
2020-06-30 0.75 0.79 0.70 5.00
2019-06-30 0.68 0.70 0.67 4.00
ASX:GUD Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 0.63
2018-09-30 0.61
2018-06-30 0.59
2018-03-31 0.58
2017-12-31 0.57
2017-09-30 0.55
2017-06-30 0.53
2017-03-31 0.57
2016-12-31 0.61
2016-09-30 0.51
2016-06-30 0.41

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • GUD Holdings is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess GUD Holdings's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Global market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Global market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
GUD Holdings has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

GUD Past Performance

  How has GUD Holdings performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare GUD Holdings's growth in the last year to its industry (Auto Components).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • GUD Holdings has delivered over 20% year on year earnings growth in the past 5 years.
  • GUD Holdings's 1-year earnings growth is less than its 5-year average (9.6% vs 21.5%)
  • GUD Holdings's earnings growth has exceeded the Global Auto Components industry average in the past year (9.6% vs 3.8%).
Earnings and Revenue History
GUD Holdings's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from GUD Holdings Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:GUD Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 421.76 53.96 107.25 12.12
2018-09-30 409.23 52.22 103.71 12.14
2018-06-30 396.69 50.47 100.17 12.17
2018-03-31 386.06 49.86 92.93 12.61
2017-12-31 375.44 49.25 85.53 13.06
2017-09-30 366.15 47.45 86.36 10.51
2017-06-30 356.87 45.66 87.18 7.96
2017-03-31 324.73 49.06 89.39 3.36
2016-12-31 292.59 52.46 91.59 -1.24
2016-09-30 350.96 43.85 103.68 0.21
2016-06-30 409.33 35.24 115.76 1.66
2015-12-31 492.90 16.83 119.45 7.10
2015-09-30 495.00 22.95 121.56 7.78
2015-06-30 497.10 29.07 123.67 8.45
2015-03-31 600.94 31.71 156.28 10.10
2014-12-31 590.36 30.18 156.32 10.01
2014-09-30 591.00 23.93 157.98 9.90
2014-06-30 591.64 17.68 159.65 9.79
2014-03-31 587.34 17.87 160.08 9.51
2013-12-31 583.04 18.05 160.51 9.24
2013-09-30 589.75 24.76 159.64 8.93
2013-06-30 596.45 31.46 158.76 8.63
2013-03-31 603.98 59.69 161.15 8.64
2012-12-31 611.51 87.92 163.54 8.64
2012-09-30 611.17 90.34 163.11 10.31
2012-06-30 610.83 92.76 162.68 11.97

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • GUD Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • GUD Holdings used its assets more efficiently than the Global Auto Components industry average last year based on Return on Assets.
  • GUD Holdings has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess GUD Holdings's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Auto Components industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
GUD Holdings has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

GUD Health

 How is GUD Holdings's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up GUD Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • GUD Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • GUD Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of GUD Holdings's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.5x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from GUD Holdings Company Filings, last reported 5 months ago.

ASX:GUD Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 270.27 159.26 16.06
2018-09-30 270.27 159.26 16.06
2018-06-30 265.32 144.15 50.61
2018-03-31 265.32 144.15 50.61
2017-12-31 209.54 207.72 12.69
2017-09-30 209.54 207.72 12.69
2017-06-30 200.91 172.60 10.24
2017-03-31 200.91 172.60 10.24
2016-12-31 244.83 184.71 19.58
2016-09-30 244.83 184.71 19.58
2016-06-30 274.64 189.43 18.24
2015-12-31 338.00 241.77 48.82
2015-09-30 338.00 241.77 48.82
2015-06-30 356.16 43.46 42.95
2015-03-31 356.16 43.46 42.95
2014-12-31 249.65 136.39 41.85
2014-09-30 249.65 136.39 41.85
2014-06-30 209.28 122.07 23.30
2014-03-31 209.28 122.07 23.30
2013-12-31 217.07 135.73 21.26
2013-09-30 217.07 135.73 21.26
2013-06-30 239.10 89.34 24.40
2013-03-31 239.10 89.34 24.40
2012-12-31 244.83 107.63 22.14
2012-09-30 244.83 107.63 22.14
2012-06-30 273.66 37.83 19.25
  • GUD Holdings's level of debt (58.9%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (62.5% vs 58.9% today).
  • Debt is well covered by operating cash flow (27.8%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 15.3x coverage).
X
Financial health checks
We assess GUD Holdings's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. GUD Holdings has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

GUD Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
5.32%
Current annual income from GUD Holdings dividends. Estimated to be 6.01% next year.
If you bought A$2,000 of GUD Holdings shares you are expected to receive A$106 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • GUD Holdings's pays a higher dividend yield than the bottom 25% of dividend payers in Australia (2.65%).
  • GUD Holdings's dividend is below the markets top 25% of dividend payers in Australia (5.72%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ASX:GUD Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 7 Analyst Estimates (S&P Global) See Below
Global Auto Components Industry Average Dividend Yield Market Cap Weighted Average of 151 Stocks 2.8%
Australia Market Average Dividend Yield Market Cap Weighted Average of 415 Stocks 4.1%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.6%
Australia Bottom 25% Dividend Yield 25th Percentile 2.7%
Australia Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

ASX:GUD Future Dividends Estimate Data
Date (Data in A$) Dividend per Share (annual) Avg. No. Analysts
2021-06-30 0.65 7.00
2020-06-30 0.61 8.00
2019-06-30 0.54 8.00
ASX:GUD Past Annualized Dividends Data
Date (Data in A$) Dividend per share (annual) Avg. Yield (%)
2019-01-29 0.530 4.519
2018-07-26 0.520 4.002
2017-07-26 0.460 3.772
2016-07-27 0.430 3.956
2015-07-29 0.440 5.439
2015-02-26 0.380 4.468
2014-07-25 0.360 4.975
2014-01-21 0.360 6.242
2013-07-24 0.520 8.814
2012-07-26 0.650 8.485
2012-01-25 0.650 8.014
2011-07-28 0.640 8.552
2011-01-27 0.630 6.812
2010-07-26 0.620 6.304
2010-01-27 0.610 6.745
2009-07-28 0.600 6.895

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have fallen over the past 10 years.
Current Payout to shareholders
What portion of GUD Holdings's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.2x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.3x coverage).
X
Income/ dividend checks
We assess GUD Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.6%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can GUD Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. GUD Holdings has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

GUD Management

 What is the CEO of GUD Holdings's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Graeme Whickman
TENURE AS CEO 0.7 years
CEO Bio

Mr. Graeme Whickman is the Managing Director, Chief Executive Officer and Director at GUD Holdings Limited since October 1, 2018. Mr. Whickman was the Chief Executive Officer of Australia & New Zealand and President of Australia & New Zealand at Ford Motor Co. since April 1, 2015. Mr. Whickman joined Ford in 1997 and has played a key role in the marketing activities of the automaker's Chinese and Canadian operations. His career with Ford spans over 20 years including numerous senior executive roles in Australia, Asia Pacific, Europe and North America, and he served on industry bodies, here and overseas.

CEO Compensation
  • Insufficient data for Graeme to compare compensation growth.
  • Insufficient data for Graeme to establish whether their remuneration is reasonable compared to companies of similar size in Australia.
Management Team Tenure

Average tenure of the GUD Holdings management team in years:

3.9
Average Tenure
  • The tenure for the GUD Holdings management team is about average.
Management Team

Martin Fraser

TITLE
Chief Financial Officer
COMPENSATION
A$963K
TENURE
7.4 yrs

Bob Pattison

TITLE
CEO of GUD Automotive Division
COMPENSATION
A$959K
TENURE
2.1 yrs

Terry Cooper

TITLE
Managing Director of Wesfil Australia Pty Ltd
COMPENSATION
A$814K
TENURE
23.4 yrs

David Worley

TITLE
Chief Executive of Davey Water Products Pty Ltd
COMPENSATION
A$549K
TENURE
5 yrs

Guy Nicholls

TITLE
CEO of RYCO Group Pty Limited
COMPENSATION
A$822K
AGE
44
TENURE
3.9 yrs

Graeme Whickman

TITLE
CEO, MD & Director
TENURE
0.7 yrs

Malcolm Tyler

TITLE
Company Secretary & General Counsel
COMPENSATION
A$449K
AGE
56

George Davies

TITLE
CEO of Brown & Watson International Pty Ltd
TENURE
1.8 yrs
Board of Directors Tenure

Average tenure and age of the GUD Holdings board of directors in years:

3.8
Average Tenure
62.5
Average Age
  • The tenure for the GUD Holdings board of directors is about average.
Board of Directors

Mark Smith

TITLE
Chairman
COMPENSATION
A$246K
AGE
63
TENURE
1.6 yrs

Graeme Whickman

TITLE
CEO, MD & Director
TENURE
0.7 yrs

Graeme Billings

TITLE
Independent Non-Executive Director
COMPENSATION
A$149K
AGE
62
TENURE
7.5 yrs

David Robinson

TITLE
Independent Non-Executive Director
COMPENSATION
A$145K
AGE
68
TENURE
7.5 yrs

Anne Templeman-Jones

TITLE
Independent Non-Executive Director
COMPENSATION
A$149K
AGE
56
TENURE
3.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
26. May 19 Sell The Vanguard Group, Inc. Company 29. Jan 19 14. May 19 -61,571 A$13.23 A$-789,887
26. May 19 Buy The Vanguard Group, Inc. Company 17. Jan 19 16. May 19 178,812 A$13.34 A$2,384,112
27. Feb 19 Buy Mark Smith Individual 25. Feb 19 26. Feb 19 3,000 A$12.37 A$37,089
31. Jan 19 Sell Marathon Asset Management, LLP Company 07. Jan 19 30. Jan 19 -17,738 A$12.20 A$-216,404
07. Jan 19 Buy Marathon Asset Management, LLP Company 02. Jan 19 04. Jan 19 3,997 A$11.33 A$45,290
02. Jan 19 Sell Marathon Asset Management, LLP Company 19. Dec 18 31. Dec 18 -25,303 A$11.52 A$-291,491
19. Dec 18 Buy Marathon Asset Management, LLP Company 04. Sep 17 18. Dec 18 898,787 A$14.96 A$13,445,854
26. Nov 18 Buy Graeme Whickman Individual 23. Nov 18 23. Nov 18 2,000 A$12.12 A$24,232
23. Nov 18 Buy Anne Templeman-Jones Individual 21. Nov 18 21. Nov 18 1,400 A$11.55 A$16,170
21. Nov 18 Buy Mark Smith Individual 20. Nov 18 20. Nov 18 1,000 A$11.95 A$11,950
15. Nov 18 Buy Mark Smith Individual 13. Nov 18 13. Nov 18 1,000 A$12.02 A$12,025
07. Nov 18 Buy Mark Smith Individual 05. Nov 18 05. Nov 18 1,000 A$12.10 A$12,096
31. Oct 18 Buy Mark Smith Individual 29. Oct 18 29. Oct 18 1,000 A$12.26 A$12,259
30. Aug 18 Sell Jonathan Ling Individual 27. Aug 18 28. Aug 18 -62,762 A$14.50 A$-910,156
15. Aug 18 Buy Mark Smith Individual 15. Aug 18 15. Aug 18 2,000 A$14.85 A$29,700
14. Aug 18 Buy Mark Smith Individual 10. Aug 18 13. Aug 18 6,000 A$15.26 A$91,040
07. Aug 18 Buy Mark Smith Individual 03. Aug 18 03. Aug 18 2,000 A$14.93 A$29,864
X
Management checks
We assess GUD Holdings's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. GUD Holdings has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

GUD News

Simply Wall St News

What Does GUD Holdings Limited's (ASX:GUD) P/E Ratio Tell You?

We'll apply a basic P/E ratio analysis to GUD Holdings Limited's (ASX:GUD), to help you decide if the stock is worth further research. … Check out our latest analysis for GUD Holdings How Do You Calculate A P/E Ratio? … The formula for P/E is: Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS) Or for GUD Holdings: P/E of 16.19 = A$10.12 ÷ A$0.63 (Based on the trailing twelve months to December 2018.) Is A High Price-to-Earnings Ratio Good?

Simply Wall St -

Should You Consider GUD Holdings Limited (ASX:GUD)?

ASX:GUD Past and Future Earnings, June 3rd 2019 GUD is financially robust, with ample cash on hand and short-term investments to meet upcoming liabilities. … ASX:GUD Historical Debt, June 3rd 2019 Next Steps: For GUD Holdings, I've compiled three important aspects you should further research: Valuation: What is GUD worth today? … Dividend Income vs Capital Gains: Does GUD return gains to shareholders through reinvesting in itself and growing earnings, or redistribute a decent portion of earnings as dividends?

Simply Wall St -

Is GUD Holdings Limited (ASX:GUD) A High Quality Stock To Own?

The formula for return on equity is: Return on Equity = Net Profit ÷ Shareholders' Equity Or for GUD Holdings: 20% = AU$54m ÷ AU$270m (Based on the trailing twelve months to December 2018.) Most readers would understand what net profit is, but it’s worth explaining the concept of shareholders’ equity. … Does GUD Holdings Have A Good Return On Equity? … Combining GUD Holdings's Debt And Its 20% Return On Equity While GUD Holdings does have some debt, with debt to equity of just 0.59, we wouldn't say debt is excessive.

Simply Wall St -

Know This Before Buying GUD Holdings Limited (ASX:GUD) For Its Dividend

Dividend paying stocks like GUD Holdings Limited (ASX:GUD) tend to be popular with investors, and for good reason - some research suggests a significant amount of all stock market returns come from reinvested dividends. Unfortunately, it's common for investors to be enticed in by the seemingly attractive yield, and lose money when the company has to cut its dividend payments. With GUD Holdings yielding 4.7% and having paid a dividend for over 10 years, many investors likely find the company quite interesting. It would not be a surprise to discover that many investors buy it for the dividends. Before you buy any stock for its dividend however, you should always remember Warren Buffett's two rules: 1) Don't lose money, and 2) Remember rule #1. … ASX:GUD Historical Dividend Yield, May 10th 2019 Payout ratios Dividends are usually paid out of company earnings. … GUD Holdings gets a pass on its dividend payout ratio, but it paid out virtually all of its cash flow as dividends.

Simply Wall St -

Is GUD Holdings Limited (ASX:GUD) A Good Dividend Stock?

Is GUD Holdings Limited (ASX:GUD) a good dividend stock? … Yet sometimes, investors buy a popular dividend stock because of its yield, and then lose money if the company's dividend doesn't live up to expectations. … With GUD Holdings yielding 4.5% and having paid a dividend for over 10 years, many investors likely find the company quite interesting.

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A Look At The Fair Value Of GUD Holdings Limited (ASX:GUD)

by taking the expected future cash flows and discounting them to today's value. … I will use the Discounted Cash Flow (DCF) model. … If you want to learn more about discounted cash flow, the rationale behind this calculation can be read in detail in the Simply Wall St analysis model.

Simply Wall St -

What Kind Of Shareholders Own GUD Holdings Limited (ASX:GUD)?

Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. … GUD Holdings is a smaller company with a market capitalization of AU$1.0b, so it may still be flying under the radar of many institutional investors. … institutions own shares in the company.

Simply Wall St -

Do You Know GUD Holdings Limited’s (ASX:GUD) Cash Situation?

I will take you through GUD Holdings’s cash flow health and the risk-return concept based on the stock’s cash flow yield, using the most recent financial data. … Free cash flow (FCF) is the amount of cash GUD Holdings has left after it pays off its expenses, including its net capital expenditures, which is what the company needs to spend each year to maintain or grow its business operations. … There are two methods I will use to evaluate the quality of GUD Holdings’s FCF: firstly, I will measure its FCF yield relative to the market index yield; secondly, I will examine whether its operating cash flow will continue to grow into the future, which will give us a sense of sustainability

Simply Wall St -

Why GUD Holdings Limited’s (ASX:GUD) Return On Capital Employed Is Impressive

Specifically, we're going to calculate its Return On Capital Employed (ROCE), in the hopes of getting some insight into the business. … What is Return On Capital Employed (ROCE)? … ROCE is a metric for evaluating how much pre-tax income (in percentage terms) a company earns on the capital invested in its business.

Simply Wall St -

Is GUD Holdings's Share Price Gain Of 128% Well Earned?

In more good news, the share price has risen 2.4% in thirty days. … One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). … That suggests that the market sentiment around the company hasn't changed much over that time.

Simply Wall St -

GUD Company Info

Description

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 Spain. It operates through Automotive and Davey segments. The company 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. It also provides pumping, water conservation, and water treatment products for urban, rural, irrigation, and commercial applications; domestic and commercial swimming pool products, including salt water chlorinators, pumps, filters, heaters, and pool accessories; and spa bath and spa pool pumps, controllers, heaters, filters, and water treatment products. GUD Holdings Limited is based in Altona North, Australia.

Details
Name: GUD Holdings Limited
GUD
Exchange: ASX
Founded:
A$861,400,281
86,485,972
Website: http://www.gud.com.au
Address: GUD Holdings Limited
29 Taras Avenue,
Altona North,
Victoria, 3025,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX GUD Ordinary Shares Australian Securities Exchange AU AUD 02. Jan 1992
OTCPK GUDH.F Ordinary Shares Pink Sheets LLC US USD 02. Jan 1992
CHIA GUD Ordinary Shares Chi-X Australia AU AUD 02. Jan 1992
Number of employees
Current staff
Staff numbers
0
GUD Holdings employees.
Industry
Auto Parts and Equipment
Automobiles
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/17 10:36
End of day share price update: 2019/06/14 00:00
Last estimates confirmation: 2019/06/11
Last earnings filing: 2019/01/29
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.