Emeco Holdings (ASX:EHL) - Stock Price, News & Analysis

EHL Stock Overview

Emeco Holdings Limited provides heavy earthmoving equipment and mining service solutions in Australia.

EHL fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	1/6
Past Performance	5/6
Financial Health	5/6
Dividends	3/6

Rewards

Trading at 57% below our estimate of its fair value

Earnings are forecast to grow 12.08% per year

Earnings grew by 55.1% over the past year

Trading at good value compared to peers and industry

Risk Analysis

Unstable dividend track record

Emeco Holdings Limited Competitors

Acrow

ASX:ACF

AU$329.3m

IPD Group

ASX:IPG

AU$477.6m

Redox

ASX:RDX

AU$1.7b

Stealth Group Holdings

ASX:SGI

AU$21.2m

Price History & Performance

Summary of all time highs, changes and price drops for Emeco Holdings
Historical stock prices
Current Share Price	AU$0.73
52 Week High	AU$0.79
52 Week Low	AU$0.56
Beta	1.49
1 Month Change	2.82%
3 Month Change	10.61%
1 Year Change	8.15%
3 Year Change	-25.13%
5 Year Change	-60.00%
Change since IPO	-95.93%

Emeco Holdings (ASX:EHL) Has A Somewhat Strained Balance Sheet

Dec 20

Recent updates

At AU$0.76, Is It Time To Put Emeco Holdings Limited (ASX:EHL) On Your Watch List?

May 13

Increases to Emeco Holdings Limited's (ASX:EHL) CEO Compensation Might Cool off for now

Nov 11

These 4 Measures Indicate That Emeco Holdings (ASX:EHL) Is Using Debt Extensively

Oct 12

These 4 Measures Indicate That Emeco Holdings (ASX:EHL) Is Using Debt Extensively

Jun 29

Emeco Holdings Limited (ASX:EHL) Shares Could Be 31% Below Their Intrinsic Value Estimate

Jun 02

Is Now The Time To Look At Buying Emeco Holdings Limited (ASX:EHL)?

Apr 30

These 4 Measures Indicate That Emeco Holdings (ASX:EHL) Is Using Debt Extensively

Mar 09

Is Emeco Holdings Limited (ASX:EHL) Trading At A 20% Discount?

Feb 22

Emeco Holdings Limited Just Missed EPS By 89%: Here's What Analysts Think Will Happen Next

Feb 10

Could The Emeco Holdings Limited (ASX:EHL) Ownership Structure Tell Us Something Useful?

Jan 31

Is It Time To Consider Buying Emeco Holdings Limited (ASX:EHL)?

Jan 13

Emeco Holdings (ASX:EHL) Has Gifted Shareholders With A Fantastic 221% Total Return On Their Investment

Dec 31

How Does Emeco Holdings' (ASX:EHL) CEO Salary Compare to Peers?

Dec 18

Should We Be Delighted With Emeco Holdings Limited's (ASX:EHL) ROE Of 19%?

Dec 05

Should You Use Emeco Holdings's (ASX:EHL) Statutory Earnings To Analyse It?

Nov 22

Shareholder Returns

	EHL	AU Trade Distributors	AU Market
7D	0.7%	1.0%	0.7%
1Y	8.1%	56.2%	6.3%

Return vs Industry: EHL underperformed the Australian Trade Distributors industry which returned 52.3% over the past year.

Return vs Market: EHL exceeded the Australian Market which returned 6% over the past year.

Price Volatility

Is EHL's price volatile compared to industry and market?
EHL volatility
EHL Average Weekly Movement	3.3%
Trade Distributors Industry Average Movement	5.3%
Market Average Movement	9.0%
10% most volatile stocks in AU Market	17.5%
10% least volatile stocks in AU Market	3.5%

Stable Share Price: EHL has not had significant price volatility in the past 3 months.

Volatility Over Time: EHL's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1972	1,400	Ian Testrow	www.emecogroup.com

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 maintenance and remanufacturing of various components of heavy earthmoving equipment; mechanical and boilermaker repair services; and sandblasting and painting services.

Emeco Holdings Limited Fundamentals Summary

How do Emeco Holdings's earnings and revenue compare to its market cap?
EHL fundamental statistics
Market cap	AU$377.26m
Earnings (TTM)	AU$58.07m
Revenue (TTM)	AU$879.91m

6.5x

P/E Ratio

0.4x

P/S Ratio

Is EHL overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
EHL income statement (TTM)
Revenue	AU$879.91m
Cost of Revenue	AU$397.27m
Gross Profit	AU$482.64m
Other Expenses	AU$424.57m
Earnings	AU$58.07m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	0.11
Gross Margin	54.85%
Net Profit Margin	6.60%
Debt/Equity Ratio	45.7%

How did EHL perform over the long term?

See historical performance and comparison

Dividends

3.4%

Current Dividend Yield

22%

Payout Ratio

EHL Stock Overview

Rewards

Risk Analysis

Emeco Holdings Limited Competitors

ASX:ACF

AU$329.3m

ASX:IPG

AU$477.6m

ASX:RDX

AU$1.7b

ASX:SGI

AU$21.2m

Price History & Performance

Recent News & Updates

Price target increased by 8.2% to AU$1.03

Consensus EPS estimates fall by 24%

Emeco Holdings Limited Announces No Interim Dividend for the Six Months Ended December 31, 2023

Emeco Holdings Limited Announces No Interim Dividend for the Six Months Ended December 31, 2023

Emeco Holdings Limited to Report First Half, 2024 Results on Feb 20, 2024

Emeco Holdings (ASX:EHL) Has A Somewhat Strained Balance Sheet

Recent updates

Price target increased by 8.2% to AU$1.03

Consensus EPS estimates fall by 24%

Emeco Holdings Limited Announces No Interim Dividend for the Six Months Ended December 31, 2023

Emeco Holdings Limited Announces No Interim Dividend for the Six Months Ended December 31, 2023

Emeco Holdings Limited to Report First Half, 2024 Results on Feb 20, 2024

Emeco Holdings (ASX:EHL) Has A Somewhat Strained Balance Sheet

Price target decreased by 11% to AU$0.97

Emeco Holdings Limited(ASX:EHL) dropped from S&P Global BMI Index

Upcoming dividend of AU$0.013 per share at 3.8% yield

Emeco Holdings (ASX:EHL) Is Due To Pay A Dividend Of A$0.0125

Emeco Holdings Limited to Report Q2, 2024 Results on Dec 31, 2023

Emeco Holdings Limited Announces Fully Franked Final Dividend for the Six Months Ended 30 June 2023, Payable on 29 September 2023

Full year 2023 earnings released: EPS: AU$0.08 (vs AU$0.12 in FY 2022)

Less than half of directors are independent

Consensus EPS estimates increase by 31%

Emeco Holdings Limited Announces Retirement of Keith Skinner as Independent Non-Executive Director, Effect on 13 June 2023

Now 24% undervalued after recent price drop

Now 23% undervalued after recent price drop

Price target decreased by 14% to AU$1.01

Upcoming dividend of AU$0.013 per share at 3.4% yield

Consensus EPS estimates fall by 50%, revenue upgraded

First half 2023 earnings released: EPS: AU$0.005 (vs AU$0.056 in 1H 2022)

Emeco Holdings Limited to Report First Half, 2023 Results on Feb 22, 2023

Consensus EPS estimates fall by 12%

Upcoming dividend of AU$0.013 per share

Emeco Holdings (ASX:EHL) Is Due To Pay A Dividend Of A$0.0125

Full year 2022 earnings: EPS misses analyst expectations

Emeco Holdings Limited Announces Estimated Ordinary Fully Paid Dividend for the Period of Six Months June 30, 2022, Payable on September 30, 2022

Price target decreased to AU$1.26

At AU$0.76, Is It Time To Put Emeco Holdings Limited (ASX:EHL) On Your Watch List?

Emeco Holdings Limited, Annual General Meeting, Nov 10, 2022

Emeco Holdings Limited Declares Ordinary Fully Paid Dividend for the Period of Six Months December 31, 2021, Payable April 6, 2022

Upcoming dividend of AU$0.013 per share

First half 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Emeco Holdings Limited Announces Ordinary Dividend for the Six Months Ended December 31, 2021, Payable on April 6, 2022

Emeco Holdings Limited Announces the Appointment of Thao Pham as Group Chief Financial Officer

Emeco Holdings Limited to Report First Half, 2022 Results on Feb 16, 2022

Increases to Emeco Holdings Limited's (ASX:EHL) CEO Compensation Might Cool off for now

These 4 Measures Indicate That Emeco Holdings (ASX:EHL) Is Using Debt Extensively

Chief Financial Officer Neil Siford has left the company

Upcoming dividend of AU$0.013 per share

Full year 2021 earnings released: EPS AU$0.04 (vs AU$0.20 in FY 2020)

Emeco Holdings Limited (ASX:EHL) announces an Equity Buyback for AUD 3.8 million worth of its shares.

These 4 Measures Indicate That Emeco Holdings (ASX:EHL) Is Using Debt Extensively

Emeco Holdings Limited (ASX:EHL) Shares Could Be 31% Below Their Intrinsic Value Estimate

Is Now The Time To Look At Buying Emeco Holdings Limited (ASX:EHL)?

These 4 Measures Indicate That Emeco Holdings (ASX:EHL) Is Using Debt Extensively

Is Emeco Holdings Limited (ASX:EHL) Trading At A 20% Discount?

Analysts update estimates

Price target raised to AU$1.37

First half 2021 earnings released: EPS AU$0.007 (vs AU$0.088 in 1H 2020)

Revenue beats expectations, earnings disappoint

Emeco Holdings Limited Just Missed EPS By 89%: Here's What Analysts Think Will Happen Next

Investor sentiment improved over the past week

Emeco Holdings Limited to Report First Half, 2021 Results on Feb 09, 2021

Could The Emeco Holdings Limited (ASX:EHL) Ownership Structure Tell Us Something Useful?

New 90-day high: AU$1.20

Is It Time To Consider Buying Emeco Holdings Limited (ASX:EHL)?

New 90-day high: AU$1.17