| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 2/6 |
| Dividends | 0/6 |
AJL Stock Overview
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$0.056 |
| 52 Week High | AU$0.093 |
| 52 Week Low | AU$0.025 |
| Beta | 0.38 |
| 1 Month Change | -3.45% |
| 3 Month Change | -6.67% |
| 1 Year Change | 115.39% |
| 3 Year Change | -30.00% |
| 5 Year Change | -74.54% |
| Change since IPO | -94.55% |
Recent News & Updates
Investors Will Want AJ Lucas Group's (ASX:AJL) Growth In ROCE To Persist
If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'll want to see a proven...
AJ Lucas Group (ASX:AJL) Use Of Debt Could Be Considered Risky
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
AJ Lucas Group (ASX:AJL) Shareholders Will Want The ROCE Trajectory To Continue
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
AJ Lucas Group (ASX:AJL) Seems To Be Using A Lot Of Debt
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Shareholder Returns
| AJL | AU Construction | AU Market | |
|---|---|---|---|
| 7D | -9.7% | -0.8% | 0.3% |
| 1Y | 115.4% | -6.4% | -12.2% |
Return vs Industry: AJL exceeded the Australian Construction industry which returned -6.4% over the past year.
Return vs Market: AJL exceeded the Australian Market which returned -12.2% over the past year.
Price Volatility
| AJL volatility | |
|---|---|
| AJL Average Weekly Movement | 16.2% |
| Construction Industry Average Movement | 6.1% |
| Market Average Movement | 9.6% |
| 10% most volatile stocks in AU Market | 16.2% |
| 10% least volatile stocks in AU Market | 4.2% |
Stable Share Price: AJL is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 16% a week.
Volatility Over Time: AJL's weekly volatility (16%) has been stable over the past year, but is still higher than 75% of Australian stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1993 | 295 | Brett Tredinnick | https://www.lucas.com.au |
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 | |
|---|---|
| Market Cap | AU$66.99m |
| Earnings (TTM) | -AU$9.93m |
| Revenue (TTM) | AU$110.42m |
0.6x
P/S Ratio-6.7x
P/E RatioIs AJL overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| AJL income statement (TTM) | |
|---|---|
| Revenue | AU$110.42m |
| Cost of Revenue | AU$85.82m |
| Gross Profit | AU$24.60m |
| Other Expenses | AU$34.53m |
| Earnings | -AU$9.93m |
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.0083 |
| Gross Margin | 22.28% |
| Net Profit Margin | -9.00% |
| Debt/Equity Ratio | 119.0% |
How did AJL perform over the long term?
See historical performance and comparisonValuation
Is AJL undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
1/6Valuation Score 1/6
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for AJL?
Other financial metrics that can be useful for relative valuation.
| What is AJL's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | AU$66.99m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 1.6x |
| Enterprise Value/EBITDA | 11.3x |
| PEG Ratio | n/a |
Price to Sales Ratio vs Peers
How does AJL's PS Ratio compare to its peers?
| AJL PS Ratio vs Peers |
|---|
| Company | PS | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 0.6x | ||
DUR Duratec | 0.4x | n/a | AU$85.4m |
DRA DRA Global | 0.09x | n/a | AU$105.6m |
AE1 Aerison Group | 0.2x | n/a | AU$32.1m |
RDG Resource Development Group | 1.8x | n/a | AU$129.8m |
AJL AJ Lucas Group | 0.6x | n/a | AU$67.0m |
Price-To-Sales vs Peers: AJL is good value based on its Price-To-Sales Ratio (0.6x) compared to the peer average (0.6x).
Price to Earnings Ratio vs Industry
How does AJL's PE Ratio compare vs other companies in the Australian Construction Industry?
Price-To-Sales vs Industry: AJL is expensive based on its Price-To-Sales Ratio (0.6x) compared to the Australian Construction industry average (0.5x)
Price to Sales Ratio vs Fair Ratio
What is AJL's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PS Ratio | 0.6x |
| Fair PS Ratio | n/a |
Price-To-Sales vs Fair Ratio: Insufficient data to calculate AJL's Price-To-Sales Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of AJL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: Insufficient data to calculate AJL's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate AJL's fair value for valuation analysis.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate AJL's PEG Ratio to determine if it is good value.
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Future Growth
How is AJ Lucas Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
22.3%
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.
Discover growth companies
- Take a look at our analysis of AJL’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- AJ Lucas Group competitive advantages and company strategy can generally be found in its financial reports archived here.
Past Performance
How has AJ Lucas Group performed over the past 5 years?
Past Performance Score
0/6Past Performance Score 0/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
37.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AJL is currently unprofitable.
Growing Profit Margin: AJL is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: AJL is unprofitable, but has reduced losses over the past 5 years at a rate of 37.3% per year.
Accelerating Growth: Unable to compare AJL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: AJL is unprofitable, making it difficult to compare its past year earnings growth to the Construction industry (16.6%).
Return on Equity
High ROE: AJL has a negative Return on Equity (-10.74%), as it is currently unprofitable.
Discover strong past performing companies
Financial Health
How is AJ Lucas Group's financial position?
Financial Health Score
2/6Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: AJL's short term assets (A$40.6M) do not cover its short term liabilities (A$66.1M).
Long Term Liabilities: AJL's short term assets (A$40.6M) do not cover its long term liabilities (A$78.5M).
Debt to Equity History and Analysis
Debt Level: AJL's net debt to equity ratio (112.3%) is considered high.
Reducing Debt: AJL's debt to equity ratio has reduced from 214% to 119% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: AJL has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: AJL has less than a year of cash runway if free cash flow continues to grow at historical rates of 40.1% each year.
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Dividend
What is AJ Lucas Group current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
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.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as AJL has not reported any payouts.
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Management
How experienced are the management team and are they aligned to shareholders interests?
2.1yrs
Average management tenure
CEO
Brett Tredinnick
2.08yrs
Tenure
AU$554,700
Compensation
Mr. Brett Tredinnick has been Executive Director of AJ Lucas Group Limited since January 01, 2020 and Group Chief Executive Officer since May 2020. He served as Chief Executive Officer of Drilling Division...
CEO Compensation Analysis
Compensation vs Market: Brett's total compensation ($USD383.19K) is above average for companies of similar size in the Australian market ($USD289.03K).
Compensation vs Earnings: Brett's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: AJL's management team is considered experienced (2.1 years average tenure).
Board Members
Experienced Board: AJL's board of directors are not considered experienced ( 2.4 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: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
AJ Lucas Group Limited's employee growth, exchange listings and data sources
Key Information
- Name: AJ Lucas Group Limited
- Ticker: AJL
- Exchange: ASX
- Founded: 1993
- Industry: Construction and Engineering
- Sector: Capital Goods
- Implied Market Cap: AU$66.992m
- Shares outstanding: 1.20b
- Website: https://www.lucas.com.au
Number of Employees
Location
- AJ Lucas Group Limited
- Emirates House
- Level 22
- Brisbane
- Queensland
- 4000
- Australia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/06/24 00:00 |
| End of Day Share Price | 2022/06/24 00:00 |
| Earnings | 2021/12/31 |
| Annual Earnings | 2021/06/30 |
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.