DRA Global Limited operates as a diversified engineering, project management, and operations management company in the mining services sector worldwide.
No risks detected for DRA from our risk checks.
DRA Global Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$3.64|
|52 Week High||AU$3.20|
|52 Week Low||AU$4.69|
|1 Month Change||-1.62%|
|3 Month Change||-17.27%|
|1 Year Change||n/a|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-9.00%|
Recent News & Updates
|DRA||AU Construction||AU Market|
Return vs Industry: Insufficient data to determine how DRA performed against the Australian Construction industry.
Return vs Market: Insufficient data to determine how DRA performed against the Australian Market.
Stable Share Price: DRA is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: Insufficient data to determine DRA's volatility change over the past year.
About the Company
DRA Global Limited operates as a diversified engineering, project management, and operations management company in the mining services sector worldwide. It offers project development services, such as concept development, preliminary economic assessment, feasibility studies, and front-end engineering design; and project delivery and execution services, including engineering design, project management, procurement, construction management, and commissioning. The company also provides operations and maintenance services comprising operational readiness, asset integrity management, maintenance, process optimization, outsourced operations and maintenance, and systems; and advisory services, such as technical specialists, early-stage project development, project economics, remote consulting, and support and optimization.
DRA Global Fundamentals Summary
|DRA fundamental statistics|
Is DRA overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|DRA income statement (TTM)|
|Cost of Revenue||AU$877.58m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.46|
|Net Profit Margin||2.34%|
How did DRA perform over the long term?See historical performance and comparison
Is DRA Global undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: DRA (A$3.64) is trading below our estimate of fair value (A$14.83)
Significantly Below Fair Value: DRA is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: DRA is good value based on its PE Ratio (7.8x) compared to the Australian Construction industry average (16.1x).
PE vs Market: DRA is good value based on its PE Ratio (7.8x) compared to the Australian market (19.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate DRA's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: DRA is good value based on its PB Ratio (0.9x) compared to the AU Construction industry average (2x).
How is DRA Global 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 DRA Global 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 DRA Global performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DRA has high quality earnings.
Growing Profit Margin: DRA's current net profit margins (2.3%) are lower than last year (3%).
Past Earnings Growth Analysis
Earnings Trend: DRA's earnings have grown significantly by 25.6% per year over the past 5 years.
Accelerating Growth: DRA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: DRA had negative earnings growth (-14.9%) over the past year, making it difficult to compare to the Construction industry average (25%).
Return on Equity
High ROE: DRA's Return on Equity (12.5%) is considered low.
How is DRA Global's financial position?
Financial Position Analysis
Short Term Liabilities: DRA's short term assets (A$372.0M) exceed its short term liabilities (A$366.7M).
Long Term Liabilities: DRA's short term assets (A$372.0M) exceed its long term liabilities (A$37.4M).
Debt to Equity History and Analysis
Debt Level: DRA's debt to equity ratio (1.5%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if DRA's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: DRA's debt is well covered by operating cash flow (1761%).
Interest Coverage: DRA earns more interest than it pays, so coverage of interest payments is not a concern.
What is DRA Global current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate DRA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate DRA's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if DRA's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if DRA's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of DRA's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Andrew James Naude has been Managing Director and Group Chief Executive Officer of DRA Global Limited since July 15, 2019 and serves as its Executive Director. He joined DRA since 2013. He is a Charter...
CEO Compensation Analysis
Compensation vs Market: Andrew's total compensation ($USD1.28M) is above average for companies of similar size in the Australian market ($USD300.24K).
Compensation vs Earnings: Andrew's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Experienced Management: DRA's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Experienced Board: DRA's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.
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.
Dilution of Shares: DRA only recently listed within the past 12 months.
DRA Global Limited's employee growth, exchange listings and data sources
- Name: DRA Global Limited
- Ticker: DRA
- Exchange: ASX
- Founded: 1984
- Industry: Construction and Engineering
- Sector: Capital Goods
- Market Cap: AU$197.307m
- Shares outstanding: 54.21m
- Website: https://www.draglobal.com
Number of Employees
- DRA Global Limited
- 256 Adelaide Terrace
- Level 8
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/15 07:02|
|End of Day Share Price||2021/10/11 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.