Austin Engineering Future Growth
Future criteria checks 3/6
Austin Engineering is forecast to grow earnings and revenue by 36.2% and 2.9% per annum respectively. EPS is expected to grow by 34% per annum. Return on equity is forecast to be 16.3% in 3 years.
Key information
36.2%
Earnings growth rate
33.98%
EPS growth rate
| Machinery earnings growth | 62.7% |
| Revenue growth rate | 2.9% |
| Future return on equity | 16.34% |
| Analyst coverage | Low |
| Last updated | 19 May 2026 |
Recent future growth updates
Recent updates
Narrative Update • May 10
ANG: Index Removal And Lower Guidance Will Support Future Upside
Analysts have kept their fair value estimate for Austin Engineering steady at A$0.35 per share, with a slightly higher discount rate and P/E assumption reflecting a modestly more cautious view on risk, while keeping the overall price target unchanged. What's in the News Austin Engineering is set to drop from the S&P/ASX All Ordinaries Index, which can affect index fund ownership and trading volumes (Index Constituent Drops).Narrative Update • Apr 24
ANG: Index Removal And Dividend Policy Will Support Future Upside
Analysts have trimmed their fair value estimate for Austin Engineering from A$0.45 to A$0.35. This reflects updated assumptions for revenue growth, profit margins and future P/E expectations.Narrative Update • Apr 08
ANG: Index Removal And Dividend Policy Will Support Future Upside
Analysts have kept their A$0.45 price target for Austin Engineering unchanged, citing only minor adjustments to the discount rate, revenue growth, profit margin and future P/E assumptions, rather than any change in their core view. What's in the News Austin Engineering is set to be removed from the S&P/ASX All Ordinaries Index as an index constituent drop, which can affect how index funds and some institutional investors treat the stock (Key Developments).Narrative Update • Mar 25
ANG: Steady Margins And Undervalued P/E Will Support Future Upside
Analysts have kept their fair value estimate for Austin Engineering steady at A$0.45 per share, citing largely unchanged expectations for revenue growth, profit margins, and future P/E, despite a small adjustment to the discount rate in their valuation model. What's in the News Austin Engineering Limited was dropped from the S&P/ASX All Ordinaries Index, removing it from this broad Australian equity benchmark (Index Constituent Drops).Narrative Update • Mar 09
ANG: Higher Margin Outlook Will Support Future Upside Despite Softer Guidance
Analysts have maintained their A$0.45 price target for Austin Engineering. The slight adjustments to discount rate, revenue growth, profit margin and future P/E assumptions reflect updated views on its risk profile and earnings outlook, rather than a change in overall valuation.Narrative Update • Feb 22
ANG: Stable Cash Generation And Consistent Metrics Will Support Future Upside
Analysts have left their A$0.45 price target for Austin Engineering unchanged, citing only minor tweaks to inputs such as the discount rate, revenue growth, profit margin and future P/E assumptions. Valuation Changes Fair Value: Kept steady at A$0.45 per share, with no change between the prior and updated assessment.Narrative Update • Feb 08
ANG: Steady Profit Outlook And Buyback Plan Will Drive Future Upside
Analysts have kept their fair value estimate for Austin Engineering steady at A$0.45, with only slight tweaks to inputs such as discount rate, margin and future P/E. These changes reflect updated model assumptions rather than a change in their overall view of the stock.Narrative Update • Jan 24
ANG: Steady Profit Outlook And Buyback Plan Will Drive Future Upside
Analysts have kept their fair value estimate for Austin Engineering steady at A$0.45, citing only very small tweaks to assumptions around discount rate, revenue growth, profit margin and future P/E that are not material enough to shift the overall price target. Valuation Changes Fair Value Estimate was held steady at A$0.45 per share, with no change between the prior and updated models.Narrative Update • Jan 09
ANG: Share Buyback Plan Will Support Future Upside Potential
Analysts have kept their fair value estimate for Austin Engineering steady at A$0.45 per share, making only slight tweaks to the discount rate, revenue growth, profit margin and future P/E assumptions to reflect updated risk and earnings expectations. Valuation Changes Fair Value Estimate held steady at A$0.45 per share, with no change to the headline valuation.Analysis Article • Jan 02
Austin Engineering Limited's (ASX:ANG) Shares Bounce 32% But Its Business Still Trails The Market
Austin Engineering Limited ( ASX:ANG ) shareholders are no doubt pleased to see that the share price has bounced 32% in...Narrative Update • Dec 23
ANG: Share Buyback Plan Will Drive Future Upside Potential
Analysts have modestly revised their price target for Austin Engineering to reflect fine tuned assumptions around discount rates, long term revenue growth, and profitability, while keeping their assessed fair value effectively unchanged at A$0.45 per share. What's in the News The Board of Directors authorized a new share buyback plan on September 25, 2025, signaling confidence in the company’s valuation (Key Developments).Narrative Update • Dec 09
ANG: Share Buyback And Index Inclusion Will Drive Future Upside
Analysts have modestly raised their price target on Austin Engineering to A$0.45 from A$0.45, citing slightly higher assumed discount rates and future valuation multiples, while maintaining stable views on long term revenue growth and profit margins. What's in the News The Board of Directors authorizes a new share buyback plan for Austin Engineering Limited, signaling confidence in the company capital management strategy (company announcement) Austin Engineering Limited (ASX:ANG) launches a share repurchase program of up to 620,530,277 shares, with authorization running through October 9, 2026 (company announcement) Austin Engineering Limited (ASX:ANG) is added to the S&P Global BMI Index, which may increase visibility and index driven investor demand (index provider announcement) Valuation Changes Fair Value Estimate remains unchanged at A$0.45 per share, indicating no revision to the central valuation outcome.Narrative Update • Nov 24
ANG: Share Buyback Program Will Drive Future Upside Momentum
Narrative Update: Analyst Price Target for Austin Engineering Analysts have maintained their price target for Austin Engineering at $0.45. This reflects minor refinements in the forecasted discount rate, profit margin, and forward earnings expectations, while the overall valuation outlook remains unchanged.Narrative Update • Nov 10
ANG: Share Buyback And S&P Global Index Inclusion Will Drive Value
Analysts have lowered their price target for Austin Engineering from $0.55 to $0.45. They cited a more conservative outlook on revenue growth and profit margins.Analysis Article • Nov 05
Austin Engineering Limited's (ASX:ANG) 34% Dip In Price Shows Sentiment Is Matching Earnings
Austin Engineering Limited ( ASX:ANG ) shareholders that were waiting for something to happen have been dealt a blow...Analysis Article • Sep 29
A Look At The Intrinsic Value Of Austin Engineering Limited (ASX:ANG)
Key Insights The projected fair value for Austin Engineering is AU$0.31 based on Dividend Discount Model Current share...Analysis Article • Aug 09
Is Now The Time To Put Austin Engineering (ASX:ANG) On Your Watchlist?
The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...Analysis Article • Mar 24
Market Might Still Lack Some Conviction On Austin Engineering Limited (ASX:ANG) Even After 26% Share Price Boost
Austin Engineering Limited ( ASX:ANG ) shares have had a really impressive month, gaining 26% after a shaky period...
New Narrative • Mar 02
Batam Facility Development And US Expansion Will Drive Future Profitability
Development of the Batam facility and production expansion in the US improve margins and position for future revenue growth.Analysis Article • Aug 27
Is Now The Time To Put Austin Engineering (ASX:ANG) On Your Watchlist?
The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...Analysis Article • Apr 18
Austin Engineering (ASX:ANG) Has A Pretty Healthy Balance Sheet
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...Analysis Article • Mar 11
Do Austin Engineering's (ASX:ANG) Earnings Warrant Your Attention?
It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...Analysis Article • Feb 08
Austin Engineering Limited's (ASX:ANG) P/E Is Still On The Mark Following 28% Share Price Bounce
Despite an already strong run, Austin Engineering Limited ( ASX:ANG ) shares have been powering on, with a gain of 28...Analysis Article • Dec 17
Austin Engineering Limited's (ASX:ANG) Popularity With Investors Is Clear
With a price-to-earnings (or "P/E") ratio of 26.8x Austin Engineering Limited ( ASX:ANG ) may be sending bearish...Analysis Article • May 04
These 4 Measures Indicate That Austin Engineering (ASX:ANG) Is Using Debt Reasonably Well
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Analysis Article • Aug 04
Austin Engineering (ASX:ANG) Is Doing The Right Things To Multiply Its Share Price
What are the early trends we should look for to identify a stock that could multiply in value over the long term? In a...Analysis Article • Jun 16
Does Austin Engineering (ASX:ANG) Have A Healthy Balance Sheet?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Analysis Article • Dec 24
Is Austin Engineering (ASX:ANG) A Risky Investment?
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...Analysis Article • Feb 15
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...Analysis Article • Jan 31
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...Analysis Article • Jan 16
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...Analysis Article • Dec 21
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...Analysis Article • Dec 08
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...Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 6/30/2028 | 393 | 31 | N/A | 37 | 2 |
| 6/30/2027 | 381 | 25 | N/A | 32 | 2 |
| 6/30/2026 | 350 | 9 | N/A | 17 | 1 |
| 12/31/2025 | 372 | 15 | 7 | 14 | N/A |
| 9/30/2025 | 374 | 21 | 0 | 8 | N/A |
| 6/30/2025 | 377 | 26 | -7 | 3 | N/A |
| 3/31/2025 | 360 | 26 | 4 | 13 | N/A |
| 12/31/2024 | 340 | 23 | 16 | 24 | N/A |
| 9/30/2024 | 324 | 24 | 23 | 30 | N/A |
| 6/30/2024 | 308 | 24 | 30 | 35 | N/A |
| 3/31/2024 | 299 | 23 | 14 | 22 | N/A |
| 12/31/2023 | 290 | 21 | -2 | 9 | N/A |
| 9/30/2023 | 275 | 14 | 1 | 13 | N/A |
| 6/30/2023 | 260 | 7 | 5 | 16 | N/A |
| 3/31/2023 | 249 | 11 | 12 | 19 | N/A |
| 12/31/2022 | 238 | 15 | 19 | 23 | N/A |
| 9/30/2022 | 220 | 18 | 10 | 14 | N/A |
| 6/30/2022 | 203 | 21 | 1 | 5 | N/A |
| 3/31/2022 | 198 | 14 | -6 | -1 | N/A |
| 12/31/2021 | 192 | 8 | -12 | -7 | N/A |
| 9/30/2021 | 195 | 6 | -13 | -7 | N/A |
| 6/30/2021 | 198 | 3 | -14 | -8 | N/A |
| 3/31/2021 | 205 | 7 | -10 | -5 | N/A |
| 12/31/2020 | 213 | 11 | -6 | -1 | N/A |
| 9/30/2020 | 214 | 10 | 7 | 12 | N/A |
| 6/30/2020 | 216 | 9 | 20 | 24 | N/A |
| 3/31/2020 | 208 | 3 | 17 | 23 | N/A |
| 12/31/2019 | 201 | -2 | 14 | 21 | N/A |
| 9/30/2019 | 216 | 0 | N/A | 18 | N/A |
| 6/30/2019 | 231 | 2 | N/A | 14 | N/A |
| 3/31/2019 | 239 | 1 | N/A | N/A | N/A |
| 12/31/2018 | 247 | -1 | N/A | 11 | N/A |
| 9/30/2018 | 261 | -2 | N/A | 6 | N/A |
| 6/30/2018 | 275 | -2 | N/A | 1 | N/A |
| 12/31/2017 | 271 | -5 | N/A | -2 | N/A |
| 9/30/2017 | 243 | -11 | N/A | -8 | N/A |
| 6/30/2017 | 215 | -16 | N/A | -15 | N/A |
| 12/31/2016 | 183 | -13 | N/A | -15 | N/A |
| 9/30/2016 | 185 | -22 | N/A | -9 | N/A |
| 6/30/2016 | 188 | -30 | N/A | -2 | N/A |
| 12/31/2015 | 182 | -30 | N/A | 0 | N/A |
| 9/30/2015 | 185 | -40 | N/A | 2 | N/A |
| 6/30/2015 | 187 | -49 | N/A | 4 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ANG's forecast earnings growth (36.2% per year) is above the savings rate (3.6%).
Earnings vs Market: ANG's earnings (36.2% per year) are forecast to grow faster than the Australian market (11.9% per year).
High Growth Earnings: ANG's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: ANG's revenue (2.9% per year) is forecast to grow slower than the Australian market (6.1% per year).
High Growth Revenue: ANG's revenue (2.9% 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 (16.3%).
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/21 19:11 |
| End of Day Share Price | 2026/05/21 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Austin Engineering Limited is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Marcus Barnard | Bell Potter |
| Philip Pepe | Shaw and Partners Limited |