Austin Engineering Limited

ASX:ANG Stock Report

Market Cap: AU$102.8m

Austin Engineering Management

Management criteria checks 3/4

Austin Engineering's CEO is Sy van Dyk, appointed in Jul 2025, has a tenure of less than a year. total yearly compensation is A$215.98K, comprised of 50.2% salary and 49.8% bonuses, including company stock and options. directly owns 0.12% of the company’s shares, worth A$121.03K. The average tenure of the management team and the board of directors is 3 years and 7.8 years respectively.

Key information

Sy van Dyk

Chief executive officer

AU$216.0k

Total compensation

CEO salary percentage50.16%
CEO tenureless than a year
CEO ownership0.1%
Management average tenure3yrs
Board average tenure7.8yrs

Recent management updates

Recent updates

Narrative Update Jun 12

ANG: Higher Long-Term P/E Assumptions Will Support Future Upside

Analysts have adjusted their fair value estimate for Austin Engineering to A$0.40 from A$0.35, reflecting updated assumptions for the discount rate, revenue growth, profit margins, and a higher future P/E multiple. What's in the News No specific recent news items for Austin Engineering were identified from the provided sources.
Narrative Update May 29

ANG: Index Removal And Stable Assumptions Will Support Future Upside

Analysts have kept their fair value estimate for Austin Engineering steady at A$0.35 per share, with only minor tweaks to assumptions such as discount rate, revenue growth, profit margin and future P/E feeding into the updated price target rationale. What's in the News Austin Engineering Limited (ASX:ANG) removed from the S&P/ASX All Ordinaries Index, which may affect how some index-tracking funds hold or trade the stock (Key Developments).
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...
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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...

CEO Compensation Analysis

How has Sy van Dyk's remuneration changed compared to Austin Engineering's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2025n/an/a

AU$15m

Sep 30 2025n/an/a

AU$21m

Jun 30 2025AU$216kAU$108k

AU$26m

Mar 31 2025n/an/a

AU$26m

Dec 31 2024n/an/a

AU$23m

Sep 30 2024n/an/a

AU$24m

Jun 30 2024AU$104kn/a

AU$24m

Mar 31 2024n/an/a

AU$23m

Dec 31 2023n/an/a

AU$21m

Sep 30 2023n/an/a

AU$14m

Jun 30 2023AU$100kn/a

AU$7m

Mar 31 2023n/an/a

AU$11m

Dec 31 2022n/an/a

AU$15m

Sep 30 2022n/an/a

AU$18m

Jun 30 2022AU$98kn/a

AU$21m

Mar 31 2022n/an/a

AU$14m

Dec 31 2021n/an/a

AU$8m

Sep 30 2021n/an/a

AU$6m

Jun 30 2021AU$98kn/a

AU$3m

Mar 31 2021n/an/a

AU$7m

Dec 31 2020n/an/a

AU$11m

Sep 30 2020n/an/a

AU$10m

Jun 30 2020AU$97kn/a

AU$9m

Mar 31 2020n/an/a

AU$3m

Dec 31 2019n/an/a

-AU$2m

Sep 30 2019n/an/a

-AU$500

Jun 30 2019AU$95kn/a

AU$2m

Compensation vs Market: Sy's total compensation ($USD152.18K) is below average for companies of similar size in the Australian market ($USD324.00K).

Compensation vs Earnings: Sy's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


CEO

Sy van Dyk

less than a year
Tenure
AU$215,975
Compensation

Mr. Sybrandt Jacobus van Dyk, also known as Sy, is CEO, MD and Executive Director of Austin Engineering Limited from July 1, 2025 and has been its Director since February 19, 2018 and was its Non-Executive...


Leadership Team

NamePositionTenureCompensationOwnership
Sybrandt van Dyk
CEO, MD & Executive Directorless than a yearAU$215.98k0.12%
A$ 121.0k
David Bonomini
Chief Financial Officer3.6yrsAU$469.80kno data
Vincent D'Rozario
Chief Operating Officer3.4yrsAU$633.97k0.0019%
A$ 1.9k
Kirsten Cadle
General Counsel4yrsno datano data
Greg Ruthven
Global Head of Human Resources & Sustainability2.7yrsno datano data
Sarah Wilson
Company Secretary1.1yrsno datano data
3.0yrs
Average Tenure

Experienced Management: ANG's management team is considered experienced (3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Sybrandt van Dyk
CEO, MD & Executive Director8.3yrsAU$215.98k0.12%
A$ 121.0k
David Patrick Singleton
Non-Executive Director7.2yrsAU$800.00k5.27%
A$ 5.4m
Christopher Indermaur
Independent Non-Executive Director9.9yrsAU$118.65k0.032%
A$ 33.0k
James Walker
Non-Executive Independent Chairman9.9yrsAU$165.99k0.063%
A$ 64.5k
Linda O'Farrell
Independent Non-Executive Director3.8yrsAU$108.65kno data
Ian Stone
Independent Non-Executive Directorless than a yearno data0.012%
A$ 12.1k
7.8yrs
Average Tenure
68yo
Average Age

Experienced Board: ANG's board of directors are considered experienced (7.8 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/14 07:54
End of Day Share Price 2026/06/12 00:00
Earnings2025/12/31
Annual Earnings2025/06/30

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Marcus BarnardBell Potter
Philip PepeShaw and Partners Limited