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. More Details
Flawless balance sheet with solid track record.
Share Price & News
How has Austin Engineering's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ANG has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: ANG underperformed the Australian Machinery industry which returned -2.3% over the past year.
Return vs Market: ANG underperformed the Australian Market which returned -9.6% over the past year.
Price Volatility Vs. Market
How volatile is Austin Engineering's share price compared to the market and industry in the last 5 years?
Simply Wall St News
20 hours ago | Simply Wall StHow Much Did Austin Engineering's (ASX:ANG) CEO Pocket Last Year?
1 week ago | Simply Wall StShould You Use Austin Engineering's (ASX:ANG) Statutory Earnings To Analyse It?
3 weeks ago | Simply Wall StAustin Engineering (ASX:ANG) Has A Pretty Healthy Balance Sheet
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$0.15) is trading above our estimate of fair value (A$0.08)
Significantly Below Fair Value: ANG is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ANG's PE Ratio (19.1x) is in line with the AU Machinery industry average.
PE vs Market: ANG is good value based on its PE Ratio (19.1x) compared to the Australian market (20.5x).
Price to Earnings Growth Ratio
PEG Ratio: ANG is good value based on its PEG Ratio (0.4x)
Price to Book Ratio
PB vs Industry: ANG is good value based on its PB Ratio (0.9x) compared to the AU Machinery industry average (1.9x).
How is Austin Engineering forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ANG's forecast earnings growth (43.6% per year) is above the savings rate (2.3%).
Earnings vs Market: ANG's earnings (43.6% per year) are forecast to grow faster than the Australian market (17.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: ANG's revenue (7.7% per year) is forecast to grow faster than the Australian market (4.8% per year).
High Growth Revenue: ANG's revenue (7.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ANG's Return on Equity is forecast to be low in 3 years time (10.8%).
How has Austin Engineering performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ANG has high quality earnings.
Growing Profit Margin: ANG's current net profit margins (2%) are higher than last year (1.1%).
Past Earnings Growth Analysis
Earnings Trend: ANG has become profitable over the past 5 years, growing earnings by 69.5% per year.
Accelerating Growth: ANG's earnings growth over the past year (86.7%) exceeds its 5-year average (69.5% per year).
Earnings vs Industry: ANG earnings growth over the past year (86.7%) exceeded the Machinery industry 39.3%.
Return on Equity
High ROE: ANG's Return on Equity (4.6%) is considered low.
How is Austin Engineering's financial position?
Financial Position Analysis
Short Term Liabilities: ANG's short term assets (A$96.6M) exceed its short term liabilities (A$67.0M).
Long Term Liabilities: ANG's short term assets (A$96.6M) exceed its long term liabilities (A$14.9M).
Debt to Equity History and Analysis
Debt Level: ANG's debt to equity ratio (9.4%) is considered satisfactory.
Reducing Debt: ANG's debt to equity ratio has reduced from 74.6% to 9.4% over the past 5 years.
Debt Coverage: ANG's debt is well covered by operating cash flow (261%).
Interest Coverage: ANG's interest payments on its debt are well covered by EBIT (3.7x coverage).
What is Austin Engineering current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ANG's dividend (4%) is higher than the bottom 25% of dividend payers in the Australian market (2.23%).
High Dividend: ANG's dividend (4%) is low compared to the top 25% of dividend payers in the Australian market (5.53%).
Stability and Growth of Payments
Stable Dividend: ANG's dividend payments have been volatile in the past 10 years.
Growing Dividend: ANG's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (63.8%), ANG's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ANG's dividends in 3 years are forecast to be well covered by earnings (32.5% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Peter Forsyth has been Chief Executive Officer at Austin Engineering Limited since October 12, 2016 and has been its Managing Director and Director since August 18, 2017. Mr. Forsyth has senior executi ...
CEO Compensation Analysis
Compensation vs Market: Peter's total compensation ($USD510.37K) is above average for companies of similar size in the Australian market ($USD274.23K).
Compensation vs Earnings: Peter's compensation has been consistent with company performance over the past year.
|CEO, MD & Director||4yrs||AU$725.19k||0.20% |
|CFO & Group Financial Controller||1.83yrs||AU$404.72k||0.019% |
|Chief of Engineering at Peruvian Operation||no data||no data||no data|
|Chief Strategic Officer||4.58yrs||AU$251.96k||no data|
|CEO & President of Western Technology Svcs International Inc||no data||AU$370.44k||no data|
|Chief Executive Officer of COR Cooling Pty Ltd||7.58yrs||AU$433.53k||no data|
|Company Secretary and Global Governance & IT Manager||1.83yrs||no data||no data|
|Joint Company Secretary||1.58yrs||no data||no data|
|Operations Executive||no data||AU$255.84k||no data|
Experienced Management: ANG's management team is considered experienced (2.9 years average tenure).
|CEO, MD & Director||4yrs||AU$725.19k||0.20% |
|Independent Non-Executive Director||1.42yrs||AU$97.32k||0.023% |
|Independent Non-Executive Director||4.25yrs||AU$97.32k||0.035% |
|Non-Executive Independent Chairman||3.83yrs||AU$119.06k||0.029% |
|Independent Non-Executive Director||2.58yrs||AU$97.32k||0.037% |
Experienced Board: ANG's board of directors are considered experienced (3.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ANG 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 company bio, 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$86.917m
- Shares outstanding: 579.45m
- Website: https://www.austineng.com
Number of Employees
- Austin Engineering Limited
- Kings Row 1
- Level G
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ANG||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Mar 2004|
|AUST.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Mar 2004|
|ANG||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Mar 2004|
|RZA||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Mar 2004|
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 reso ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/31 10:39|
|End of Day Share Price||2020/10/30 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.