Austin Engineering Limited, together with its subsidiaries, manufactures, repairs, overhauls, and supplies mining attachment products, and other associated products and services for the industrial and resources-related business sectors.
Austin Engineering Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.23|
|52 Week High||AU$0.12|
|52 Week Low||AU$0.24|
|1 Month Change||4.44%|
|3 Month Change||34.29%|
|1 Year Change||38.24%|
|3 Year Change||9.30%|
|5 Year Change||19.29%|
|Change since IPO||-7.84%|
Recent News & Updates
What Does Austin Engineering Limited's (ASX:ANG) Share Price Indicate?
Austin Engineering Limited ( ASX:ANG ), might not be a large cap stock, but it saw a double-digit share price rise of...
How Much Is Austin Engineering Limited (ASX:ANG) CEO Getting Paid?
Peter Forsyth has been the CEO of Austin Engineering Limited ( ASX:ANG ) since 2016, and this article will examine the...
Should You Use Austin Engineering's (ASX:ANG) Statutory Earnings To Analyse It?
Many investors consider it preferable to invest in profitable companies over unprofitable ones, because profitability...
Austin Engineering (ASX:ANG) Share Prices Have Dropped 38% In The Last Three Years
As an investor its worth striving to ensure your overall portfolio beats the market average. But its virtually certain...
Do Its Financials Have Any Role To Play In Driving Austin Engineering Limited's (ASX:ANG) Stock Up Recently?
Austin Engineering's (ASX:ANG) stock is up by a considerable 17% over the past three months. We wonder if and what role...
|ANG||AU Machinery||AU Market|
Return vs Industry: ANG underperformed the Australian Machinery industry which returned 47.5% over the past year.
Return vs Market: ANG exceeded the Australian Market which returned 21.3% over the past year.
Stable Share Price: ANG is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: ANG's weekly volatility (9%) has been stable over the past year.
About the Company
Austin Engineering Limited, together with its subsidiaries, manufactures, repairs, overhauls, and supplies mining attachment products, and other associated products and services for the industrial and resources-related business sectors. It offers off-highway dump truck bodies, buckets, water tanks, tire handlers, and other ancillary equipment. The company also provides on and off-site repair and maintenance, condition monitoring, engineering, product improvements, heavy equipment lifting and transport, specialized fabrication, blasting and painting, line boring and machining, and CNC profile cutting and pressing services.
Austin Engineering Fundamentals Summary
|ANG fundamental statistics|
Is ANG overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ANG income statement (TTM)|
|Cost of Revenue||AU$102.19m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.0043|
|Net Profit Margin||1.24%|
How did ANG perform over the long term?See historical performance and comparison
2.1%Current Dividend Yield
Is Austin Engineering undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ANG (A$0.24) is trading above our estimate of fair value (A$0.09)
Significantly Below Fair Value: ANG is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ANG is poor value based on its PE Ratio (54.5x) compared to the Australian Machinery industry average (31.3x).
PE vs Market: ANG is poor value based on its PE Ratio (54.5x) compared to the Australian market (19.9x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ANG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ANG is good value based on its PB Ratio (1.5x) compared to the AU Machinery industry average (2.3x).
How is Austin Engineering 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 Austin Engineering 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 Austin Engineering performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ANG has a large one-off loss of A$4.7M impacting its June 30 2021 financial results.
Growing Profit Margin: ANG's current net profit margins (1.2%) are lower than last year (4.1%).
Past Earnings Growth Analysis
Earnings Trend: ANG has become profitable over the past 5 years, growing earnings by 80.6% per year.
Accelerating Growth: ANG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ANG had negative earnings growth (-71.7%) over the past year, making it difficult to compare to the Machinery industry average (1.2%).
Return on Equity
High ROE: ANG's Return on Equity (2.8%) is considered low.
How is Austin Engineering's financial position?
Financial Position Analysis
Short Term Liabilities: ANG's short term assets (A$98.9M) exceed its short term liabilities (A$74.5M).
Long Term Liabilities: ANG's short term assets (A$98.9M) exceed its long term liabilities (A$12.1M).
Debt to Equity History and Analysis
Debt Level: ANG's debt to equity ratio (20.2%) is considered satisfactory.
Reducing Debt: ANG's debt to equity ratio has reduced from 29.8% to 20.2% over the past 5 years.
Debt Coverage: ANG's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ANG's interest payments on its debt are well covered by EBIT (5.7x coverage).
What is Austin Engineering current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ANG's dividend (2.13%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.23%).
High Dividend: ANG's dividend (2.13%) is low compared to the top 25% of dividend payers in the Australian market (5.3%).
Stability and Growth of Payments
Stable Dividend: ANG's dividend payments have been volatile in the past 10 years.
Growing Dividend: ANG's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (115.4%), ANG's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
John Singleton (61 yo)
Mr. David Patrick Alexander Singleton, also known as John, B.Sc. (Hons), had been an Interim Chief Executive Officer at Austin Engineering Limited since June 25, 2021 until July 14, 2021, has been its Chie...
CEO Compensation Analysis
Compensation vs Market: John's total compensation ($USD156.75K) is below average for companies of similar size in the Australian market ($USD302.87K).
Compensation vs Earnings: John's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Experienced Management: ANG's management team is not considered experienced ( 0.5 years average tenure), which suggests a new team.
Experienced Board: ANG's board of directors are considered experienced (4.3 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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Austin Engineering Limited's employee growth, exchange listings and data sources
- Name: Austin Engineering Limited
- Ticker: ANG
- Exchange: ASX
- Founded: 1982
- Industry: Construction Machinery and Heavy Trucks
- Sector: Capital Goods
- Market Cap: AU$136.684m
- Shares outstanding: 581.64m
- Website: https://www.austineng.com
Number of Employees
- Austin Engineering Limited
- 100 Chisholm Crescent
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/24 07:02|
|End of Day Share Price||2021/10/22 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.