ASX:EVZ

Stock Analysis Report

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Executive Summary

EVZ Limited operates in the engineering and energy services sectors in Australia and Asia. More Details


Snowflake Analysis

Flawless balance sheet and fair value.

Share Price & News

How has EVZ's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: EVZ's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

15.0%

EVZ

-3.8%

AU Construction

-3.9%

AU Market


1 Year Return

-41.0%

EVZ

-33.4%

AU Construction

-9.6%

AU Market

Return vs Industry: EVZ underperformed the Australian Construction industry which returned -33.4% over the past year.

Return vs Market: EVZ underperformed the Australian Market which returned -9.6% over the past year.


Shareholder returns

EVZIndustryMarket
7 Day15.0%-3.8%-3.9%
30 Day27.8%9.3%1.8%
90 Day40.2%4.4%1.7%
1 Year-41.0%-41.0%-32.7%-33.4%-6.4%-9.6%
3 Year-23.3%-23.3%-46.9%-50.7%12.3%-1.9%
5 Year52.7%43.8%0.8%-12.3%40.0%11.3%

Price Volatility Vs. Market

How volatile is EVZ's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is EVZ undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: EVZ (A$0.12) is trading below our estimate of fair value (A$1.44)

Significantly Below Fair Value: EVZ is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: EVZ is unprofitable, so we can't compare its PE Ratio to the AU Construction industry average.

PE vs Market: EVZ is unprofitable, so we can't compare its PE Ratio to the Australian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate EVZ's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: EVZ is good value based on its PB Ratio (0.5x) compared to the AU Construction industry average (2x).


Next Steps

Future Growth

How is EVZ forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

26.9%

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 EVZ 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.


Next Steps

Past Performance

How has EVZ performed over the past 5 years?

44.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EVZ is currently unprofitable.

Growing Profit Margin: EVZ is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: EVZ is unprofitable, but has reduced losses over the past 5 years at a rate of 44% per year.

Accelerating Growth: Unable to compare EVZ's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: EVZ is unprofitable, making it difficult to compare its past year earnings growth to the Construction industry (-3.4%).


Return on Equity

High ROE: EVZ has a negative Return on Equity (-12.98%), as it is currently unprofitable.


Next Steps

Financial Health

How is EVZ's financial position?


Financial Position Analysis

Short Term Liabilities: EVZ's short term assets (A$21.2M) exceed its short term liabilities (A$21.1M).

Long Term Liabilities: EVZ's short term assets (A$21.2M) exceed its long term liabilities (A$2.2M).


Debt to Equity History and Analysis

Debt Level: EVZ's debt to equity ratio (20.5%) is considered satisfactory.

Reducing Debt: EVZ's debt to equity ratio has reduced from 161.2% to 20.5% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable EVZ has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: EVZ is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 14.1% per year.


Next Steps

Dividend

What is EVZ current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate EVZ's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate EVZ'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 EVZ's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if EVZ's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: EVZ is not paying a notable dividend for the Australian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of EVZ's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

6.8yrs

Average management tenure


CEO

Scott Farthing

8yrs

Tenure

AU$388,534

Compensation

Mr. Scott Farthing has been the Chief Executive Officer at EVZ Limited since September 24, 2012. Mr. Farthing has an extensive business leadership expertise and engineering experience within the energy and ...


CEO Compensation Analysis

Compensation vs Market: Scott's total compensation ($USD273.44K) is about average for companies of similar size in the Australian market ($USD274.23K).

Compensation vs Earnings: Scott's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Scott Farthing
Chief Executive Officer8yrsAU$388.53k1.68%
A$ 185.9k
Pieter Van Der Wal
CFO & Company Secretary3yrsAU$232.87k0.10%
A$ 11.5k
Adam Bellgrove
General Manager of Syfon Systems Groupno dataAU$325.60k1.42%
A$ 157.4k
Chris Bishop
General Manager of Brockman Engineering Pty Ltd7.25yrsAU$300.88kno data
Jeff Hughes
General Manager of TSF Maintenance Servicesno dataAU$214.79kno data
Ian Whitford
General Manager of TSF Power Services6.25yrsAU$220.59kno data

6.8yrs

Average Tenure

Experienced Management: EVZ's management team is seasoned and experienced (6.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Ian Luck
Independent Non-Executive Director3.25yrsAU$48.33k0.65%
A$ 71.9k
Robert Edgley
Independent Non-Executive Director9.17yrsAU$48.33k2.39%
A$ 264.0k
Graham Burns
Independent Non-Executive Chairman4.25yrsAU$77.33k9.87%
A$ 1.1m

4.3yrs

Average Tenure

65yo

Average Age

Experienced Board: EVZ's board of directors are considered experienced (4.3 years average tenure).


Ownership

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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

EVZ Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: EVZ Limited
  • Ticker: EVZ
  • Exchange: ASX
  • Founded: 1984
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: AU$11.053m
  • Shares outstanding: 96.12m
  • Website: https://www.evz.com.au

Location

  • EVZ Limited
  • 115/838 Collins Street
  • Docklands
  • Victoria
  • 3008
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EVZASX (Australian Securities Exchange)YesOrdinary SharesAUAUDJan 1992
EVZCHIA (Chi-X Australia)YesOrdinary SharesAUAUDJan 1992

Biography

EVZ Limited operates in the engineering and energy services sectors in Australia and Asia. It operates through Engineering, Energy, and Water segments. The Engineering segment designs, manufactures, and in ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/31 10:35
End of Day Share Price2020/10/27 00:00
Earnings2020/06/30
Annual Earnings2020/06/30


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.