Emeco Holdings Limited provides heavy earthmoving equipment and mining service solutions in Australia. More Details
Very undervalued with solid track record.
Share Price & News
How has Emeco Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: EHL's share price has been volatile over the past 3 months.
7 Day Return
AU Trade Distributors
1 Year Return
AU Trade Distributors
Return vs Industry: EHL underperformed the Australian Trade Distributors industry which returned 22.2% over the past year.
Return vs Market: EHL underperformed the Australian Market which returned -6.9% over the past year.
Price Volatility Vs. Market
How volatile is Emeco Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
7 hours ago | Simply Wall StWhat Kind Of Shareholders Hold The Majority In Emeco Holdings Limited's (ASX:EHL) Shares?
2 weeks ago | Simply Wall StShould You Think About Buying Emeco Holdings Limited (ASX:EHL) Now?
4 weeks ago | Simply Wall StEmeco Holdings' (ASX:EHL) Stock Price Has Reduced 59% In The Past Year
Is Emeco Holdings 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: EHL (A$0.79) is trading below our estimate of fair value (A$2.02)
Significantly Below Fair Value: EHL is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: EHL is good value based on its PE Ratio (3.9x) compared to the AU Trade Distributors industry average (36.2x).
PE vs Market: EHL is good value based on its PE Ratio (3.9x) compared to the Australian market (21.5x).
Price to Earnings Growth Ratio
PEG Ratio: EHL is good value based on its PEG Ratio (0.3x)
Price to Book Ratio
PB vs Industry: EHL is good value based on its PB Ratio (0.8x) compared to the AU Trade Distributors industry average (1.6x).
How is Emeco Holdings forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: EHL's forecast earnings growth (11.6% per year) is above the savings rate (2.3%).
Earnings vs Market: EHL's earnings (11.6% per year) are forecast to grow slower than the Australian market (17.7% per year).
High Growth Earnings: EHL's earnings are forecast to grow, but not significantly.
Revenue vs Market: EHL's revenue (7.1% per year) is forecast to grow faster than the Australian market (4.6% per year).
High Growth Revenue: EHL's revenue (7.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: EHL's Return on Equity is forecast to be low in 3 years time (12.3%).
How has Emeco Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EHL has high quality earnings.
Growing Profit Margin: EHL's current net profit margins (12.2%) are higher than last year (7.3%).
Past Earnings Growth Analysis
Earnings Trend: EHL has become profitable over the past 5 years, growing earnings by 58.2% per year.
Accelerating Growth: EHL's earnings growth over the past year (95.9%) exceeds its 5-year average (58.2% per year).
Earnings vs Industry: EHL earnings growth over the past year (95.9%) exceeded the Trade Distributors industry -38.9%.
Return on Equity
High ROE: EHL's Return on Equity (18.5%) is considered low.
How is Emeco Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: EHL's short term assets (A$333.2M) exceed its short term liabilities (A$233.7M).
Long Term Liabilities: EHL's short term assets (A$333.2M) do not cover its long term liabilities (A$497.6M).
Debt to Equity History and Analysis
Debt Level: EHL's debt to equity ratio (159.1%) is considered high.
Reducing Debt: EHL's debt to equity ratio has reduced from 188.6% to 159.1% over the past 5 years.
Debt Coverage: EHL's debt is well covered by operating cash flow (32%).
Interest Coverage: EHL's interest payments on its debt are not well covered by EBIT (2.2x coverage).
What is Emeco Holdings's current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate EHL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate EHL's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if EHL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if EHL's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: EHL is not paying a notable dividend for the Australian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of EHL's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ian Testrow (50 yo)
Mr. Ian M. Testrow, BEng (Civil), MBA has been the Chief Executive Officer, Managing Director and Executive Director at Emeco Holdings Limited since August 20, 2015 and served as its Chief Operating Office ...
CEO Compensation Analysis
Compensation vs Market: Ian's total compensation ($USD7.08M) is above average for companies of similar size in the Australian market ($USD505.35K).
Compensation vs Earnings: Ian's compensation has been consistent with company performance over the past year.
|MD, CEO & Executive Director||5.17yrs||AU$9.96m||2.18% |
|Chief Financial Officer||0.58yr||AU$504.17k||no data|
|Chief Strategy Officer||3.42yrs||AU$2.02m||0.47% |
|Chief Integration Officer||0.50yr||AU$1.11m||0% |
|Investor Relations Manager||no data||no data||no data|
|Company Secretary & General Counsel||3.25yrs||no data||no data|
Experienced Management: EHL's management team is considered experienced (3.3 years average tenure).
|MD, CEO & Executive Director||5.17yrs||AU$9.96m||2.18% |
|Non-Executive Director||3.5yrs||AU$100.00k||no data|
|Independent Chairman of the Board||4.75yrs||AU$170.48k||0.0021% |
|Independent Non-Executive Director||3.5yrs||AU$115.74k||no data|
|Independent Non-Executive Director||3.5yrs||AU$111.09k||no data|
Experienced Board: EHL's board of directors are considered experienced (3.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: EHL insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 75.3%.
Emeco Holdings Limited's company bio, employee growth, exchange listings and data sources
- Name: Emeco Holdings Limited
- Ticker: EHL
- Exchange: ASX
- Founded: 1972
- Industry: Trading Companies and Distributors
- Sector: Capital Goods
- Market Cap: AU$421.635m
- Shares outstanding: 537.11m
- Website: https://www.emecogroup.com
Number of Employees
- Emeco Holdings Limited
- 71 Walters Drive
- Level 3
- Western Australia
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|EHL||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Jul 2006|
|E3A||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jul 2006|
|EOHD.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Jul 2006|
|EHL||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Jul 2006|
Emeco Holdings Limited provides heavy earthmoving equipment and mining service solutions in Australia. The company rents trucks, excavators, dozers, loaders, and graders. It is also involved in the mainten ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/25 10:37|
|End of Day Share Price||2020/10/23 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.