AJ Lucas Group Limited, together with its subsidiaries, provides drilling services in Australia.
AJ Lucas Group Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.044|
|52 Week High||AU$0.025|
|52 Week Low||AU$0.12|
|1 Month Change||46.67%|
|3 Month Change||37.50%|
|1 Year Change||10.00%|
|3 Year Change||-87.95%|
|5 Year Change||-90.22%|
|Change since IPO||-95.72%|
Recent News & Updates
Auditors Have Doubts About AJ Lucas Group (ASX:AJL)
When AJ Lucas Group Limited ( ASX:AJL ) reported its results to June 2021 its auditors, Ernst & Young LLP could not be...
AJ Lucas Group (ASX:AJL) Shareholders Will Want The ROCE Trajectory To Continue
There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'd want to identify a...
These 4 Measures Indicate That AJ Lucas Group (ASX:AJL) Is Using Debt Extensively
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
AJ Lucas Group's (ASX:AJL) Returns On Capital Are Heading Higher
There are a few key trends to look for if we want to identify the next multi-bagger. Amongst other things, we'll want...
We Think AJ Lucas Group's (ASX:AJL) Healthy Earnings Might Be Conservative
AJ Lucas Group Limited ( ASX:AJL ) announced a healthy earnings result recently, and the market rewarded it with a...
|AJL||AU Construction||AU Market|
Return vs Industry: AJL exceeded the Australian Construction industry which returned 1.7% over the past year.
Return vs Market: AJL underperformed the Australian Market which returned 20.2% over the past year.
Stable Share Price: AJL is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 17% a week.
Volatility Over Time: AJL's weekly volatility (17%) has been stable over the past year, but is still higher than 75% of Australian stocks.
About the Company
AJ Lucas Group Limited, together with its subsidiaries, provides drilling services in Australia. The company operates in two segments: Drilling, and Oil and Gas. Its Drilling segment provides integrated professional drilling services primarily for exploration and degasification of coal mines, which includes recovery and commercialization of coal seam gas and associated services.
AJ Lucas Group Fundamentals Summary
|AJL fundamental statistics|
Is AJL overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|AJL income statement (TTM)|
|Cost of Revenue||AU$83.43m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.0028|
|Net Profit Margin||3.01%|
How did AJL perform over the long term?See historical performance and comparison
Is AJ Lucas Group undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: AJL (A$0.04) is trading below our estimate of fair value (A$0.22)
Significantly Below Fair Value: AJL is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: AJL's PE Ratio (15.8x) is in line with the Australian Construction industry average.
PE vs Market: AJL is good value based on its PE Ratio (15.8x) compared to the Australian market (19.8x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate AJL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: AJL is good value based on its PB Ratio (0.6x) compared to the AU Construction industry average (2x).
How is AJ Lucas Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Capital Goods industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as AJ Lucas Group has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has AJ Lucas Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AJL has high quality earnings.
Growing Profit Margin: AJL became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: AJL has become profitable over the past 5 years, growing earnings by 33.4% per year.
Accelerating Growth: AJL has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: AJL has become profitable in the last year, making it difficult to compare its past year earnings growth to the Construction industry (25%).
Return on Equity
High ROE: AJL's Return on Equity (3.6%) is considered low.
How is AJ Lucas Group's financial position?
Financial Position Analysis
Short Term Liabilities: AJL's short term assets (A$34.0M) do not cover its short term liabilities (A$59.2M).
Long Term Liabilities: AJL's short term assets (A$34.0M) do not cover its long term liabilities (A$78.3M).
Debt to Equity History and Analysis
Debt Level: AJL's debt to equity ratio (108.6%) is considered high.
Reducing Debt: AJL's debt to equity ratio has reduced from 122.5% to 108.6% over the past 5 years.
Debt Coverage: AJL's debt is not well covered by operating cash flow (19.1%).
Interest Coverage: AJL's interest payments on its debt are not well covered by EBIT (0.9x coverage).
What is AJ Lucas Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate AJL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate AJL's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if AJL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AJL's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: AJL is not paying a notable dividend for the Australian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of AJL's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Brett Tredinnick has been Executive Director of AJ Lucas Group Limited since January 01, 2020 and Group Chief Executive Officer since May 2020. He served as Chief Executive Officer of Drilling Division...
CEO Compensation Analysis
Compensation vs Market: Brett's total compensation ($USD411.71K) is above average for companies of similar size in the Australian market ($USD302.72K).
Compensation vs Earnings: Brett's compensation has been consistent with company performance over the past year.
Experienced Management: AJL's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.
Experienced Board: AJL's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
AJ Lucas Group Limited's employee growth, exchange listings and data sources
- Name: AJ Lucas Group Limited
- Ticker: AJL
- Exchange: ASX
- Founded: 1993
- Industry: Construction and Engineering
- Sector: Capital Goods
- Market Cap: AU$52.637m
- Shares outstanding: 1.20b
- Website: https://www.lucas.com.au
Number of Employees
- AJ Lucas Group Limited
- Emirates House
- Level 22
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/18 07:01|
|End of Day Share Price||2021/10/18 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.