NWH

NRW HoldingsASX:NWH Stock Report

Market Cap

AU$835.2m

7D

-2.7%

1Y

-13.3%

Updated

20 Sep, 2021

Data

Company Financials +
NWH fundamental analysis
Snowflake Score
Valuation5/6
Future Growth4/6
Past Performance1/6
Financial Health5/6
Dividends5/6

NWH Overview

NRW Holdings Limited, through its subsidiaries, provides diversified contract services to the resources and infrastructure sectors in Australia.

NRW Holdings Competitors

CIMIC Group

ASX:CIM

AU$6.2b

MAAS Group Holdings

ASX:MGH

AU$1.6b

Service Stream

ASX:SSM

AU$424.7m

SRG Global

ASX:SRG

AU$231.8m

Price History & Performance

Summary of all time highs, changes and price drops for NRW Holdings
Historical stock prices
Current Share PriceAU$1.83
52 Week HighAU$1.36
52 Week LowAU$3.19
Beta1.74
1 Month Change-2.40%
3 Month Change28.42%
1 Year Change-13.27%
3 Year Change-11.17%
5 Year Change190.48%
Change since IPO-24.07%

Recent News & Updates

Aug 24
NRW Holdings (ASX:NWH) Has Announced That It Will Be Increasing Its Dividend To AU$0.05

NRW Holdings (ASX:NWH) Has Announced That It Will Be Increasing Its Dividend To AU$0.05

NRW Holdings Limited ( ASX:NWH ) has announced that it will be increasing its dividend on the 13th of October to...

Aug 22
Earnings Update: NRW Holdings Limited (ASX:NWH) Just Reported Its Annual Results And Analysts Are Updating Their Forecasts

Earnings Update: NRW Holdings Limited (ASX:NWH) Just Reported Its Annual Results And Analysts Are Updating Their Forecasts

It's been a good week for NRW Holdings Limited ( ASX:NWH ) shareholders, because the company has just released its...

Aug 19
At AU$1.96, Is NRW Holdings Limited (ASX:NWH) Worth Looking At Closely?

At AU$1.96, Is NRW Holdings Limited (ASX:NWH) Worth Looking At Closely?

NRW Holdings Limited ( ASX:NWH ), is not the largest company out there, but it received a lot of attention from a...

Shareholder Returns

NWHAU ConstructionAU Market
7D-2.7%-2.9%-0.1%
1Y-13.3%3.3%28.8%

Return vs Industry: NWH underperformed the Australian Construction industry which returned 3.7% over the past year.

Return vs Market: NWH underperformed the Australian Market which returned 27.1% over the past year.

Price Volatility

Is NWH's price volatile compared to industry and market?
NWH volatility
NWH Beta1.74
Industry Beta0.98
Market Beta1

Stable Share Price: NWH is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: NWH's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19947,000Jules Pembertonhttps://www.nrw.com.au

NRW Holdings Limited, through its subsidiaries, provides diversified contract services to the resources and infrastructure sectors in Australia. It operates through three segments: Civil; Mining; and Minerals, Energy & Technologies. The Civil segment delivers private and public civil infrastructure, mine development, bulk earthworks, and commercial and residential subdivision projects.

NRW Holdings Fundamentals Summary

How do NRW Holdings's earnings and revenue compare to its market cap?
NWH fundamental statistics
Market CapAU$835.15m
Earnings (TTM)AU$54.30m
Revenue (TTM)AU$2.22b

15.4x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NWH income statement (TTM)
RevenueAU$2.22b
Cost of RevenueAU$1.21b
Gross ProfitAU$1.01b
ExpensesAU$954.11m
EarningsAU$54.30m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.12
Gross Margin45.35%
Net Profit Margin2.44%
Debt/Equity Ratio16.2%

How did NWH perform over the long term?

See historical performance and comparison

Dividends

5.5%

Current Dividend Yield

72%

Payout Ratio

Does NWH pay a reliable dividends?

See NWH dividend history and benchmarks
When do you need to buy NWH by to receive an upcoming dividend?
NRW Holdings dividend dates
Ex Dividend DateSep 23 2021
Dividend Pay DateOct 13 2021
Days until Ex dividend3 days
Days until Dividend pay date23 days

Does NWH pay a reliable dividends?

See NWH dividend history and benchmarks

Valuation

Is NRW Holdings 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: NWH (A$1.83) is trading below our estimate of fair value (A$6.6)

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


Price To Earnings Ratio

PE vs Industry: NWH is poor value based on its PE Ratio (15.4x) compared to the Australian Construction industry average (14.5x).

PE vs Market: NWH is good value based on its PE Ratio (15.4x) compared to the Australian market (18.7x).


Price to Earnings Growth Ratio

PEG Ratio: NWH is good value based on its PEG Ratio (0.7x)


Price to Book Ratio

PB vs Industry: NWH is good value based on its PB Ratio (1.5x) compared to the AU Construction industry average (2.1x).


Future Growth

How is NRW Holdings forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

20.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: NWH's forecast earnings growth (20.6% per year) is above the savings rate (1.9%).

Earnings vs Market: NWH's earnings (20.6% per year) are forecast to grow faster than the Australian market (11.4% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: NWH's revenue (6.2% per year) is forecast to grow faster than the Australian market (5.3% per year).

High Growth Revenue: NWH's revenue (6.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: NWH's Return on Equity is forecast to be low in 3 years time (15.8%).


Past Performance

How has NRW Holdings performed over the past 5 years?

20.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: NWH has a large one-off loss of A$19.4M impacting its June 30 2021 financial results.

Growing Profit Margin: NWH's current net profit margins (2.4%) are lower than last year (3.7%).


Past Earnings Growth Analysis

Earnings Trend: NWH's earnings have grown significantly by 20.4% per year over the past 5 years.

Accelerating Growth: NWH's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: NWH had negative earnings growth (-26.4%) over the past year, making it difficult to compare to the Construction industry average (25%).


Return on Equity

High ROE: NWH's Return on Equity (10%) is considered low.


Financial Health

How is NRW Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: NWH's short term assets (A$708.9M) exceed its short term liabilities (A$508.8M).

Long Term Liabilities: NWH's short term assets (A$708.9M) exceed its long term liabilities (A$247.7M).


Debt to Equity History and Analysis

Debt Level: NWH's debt to equity ratio (16.2%) is considered satisfactory.

Reducing Debt: NWH's debt to equity ratio has increased from 0.5% to 16.2% over the past 5 years.

Debt Coverage: NWH's debt is well covered by operating cash flow (166.6%).

Interest Coverage: NWH's interest payments on its debt are well covered by EBIT (7.1x coverage).


Balance Sheet


Dividend

What is NRW Holdings's current dividend yield, its reliability and sustainability?

5.46%

Current Dividend Yield


Upcoming Dividend Payment

TodaySep 20 2021Ex Dividend DateSep 23 2021Dividend Pay DateOct 13 202120 days from Ex DividendBuy in the next 3 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: NWH's dividend (5.46%) is higher than the bottom 25% of dividend payers in the Australian market (2.3%).

High Dividend: NWH's dividend (5.46%) is in the top 25% of dividend payers in the Australian market (5.41%)


Stability and Growth of Payments

Stable Dividend: NWH's dividend payments have been volatile in the past 10 years.

Growing Dividend: NWH's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (72.2%), NWH's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: NWH's dividends in 3 years are forecast to be well covered by earnings (45.7% payout ratio).


Next Steps

Management

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

5.1yrs

Average management tenure


CEO

Jules Pemberton

11.17yrs

Tenure

AU$2,818,798

Compensation

Mr. Julian Alexander Pemberton, also known as Jules, has been the Chief Executive Officer of NRW Holdings Limited since July 7, 2010 and serves as its Managing Director. Mr. Pemberton has been Executive Di...


CEO Compensation Analysis

Compensation vs Market: Jules's total compensation ($USD2.05M) is above average for companies of similar size in the Australian market ($USD926.38K).

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


Leadership Team

Experienced Management: NWH's management team is seasoned and experienced (5.1 years average tenure).


Board Members

Experienced Board: NWH's board of directors are considered experienced (5.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: NWH insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 7%.


Top Shareholders

Company Information

NRW Holdings Limited's employee growth, exchange listings and data sources


Key Information

  • Name: NRW Holdings Limited
  • Ticker: NWH
  • Exchange: ASX
  • Founded: 1994
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: AU$835.154m
  • Shares outstanding: 456.37m
  • Website: https://www.nrw.com.au

Number of Employees


Location

  • NRW Holdings Limited
  • 181 Great Eastern Highway
  • Belmont
  • Western Australia
  • 6104
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/20 01:21
End of Day Share Price2021/09/17 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.