Southern Cross Electrical Engineering Limited provides electrical, instrumentation, communication, and maintenance services in Australia.
Southern Cross Electrical Engineering Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.67|
|52 Week High||AU$0.42|
|52 Week Low||AU$0.69|
|1 Month Change||0%|
|3 Month Change||25.23%|
|1 Year Change||48.89%|
|3 Year Change||-3.60%|
|5 Year Change||10.74%|
|Change since IPO||-58.13%|
Recent News & Updates
Do Southern Cross Electrical Engineering's (ASX:SXE) Earnings Warrant Your Attention?
Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
At AU$0.51, Is It Time To Put Southern Cross Electrical Engineering Limited (ASX:SXE) On Your Watch List?
While Southern Cross Electrical Engineering Limited ( ASX:SXE ) might not be the most widely known stock at the moment...
Is Southern Cross Electrical Engineering Limited (ASX:SXE) An Attractive Dividend Stock?
Dividend paying stocks like Southern Cross Electrical Engineering Limited ( ASX:SXE ) tend to be popular with...
|SXE||AU Construction||AU Market|
Return vs Industry: SXE exceeded the Australian Construction industry which returned 1.7% over the past year.
Return vs Market: SXE exceeded the Australian Market which returned 20.2% over the past year.
Stable Share Price: SXE is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: SXE's weekly volatility (5%) has been stable over the past year.
About the Company
Southern Cross Electrical Engineering Limited provides electrical, instrumentation, communication, and maintenance services in Australia. It offers electrical and instrumentation (E&I) construction services, which include installation and commissioning of greenfield and brownfield upgrade projects in metropolitan, remote, and challenging environments. The company also provides fixed plant E&I construction; distribution and transmission line installation; substations, transformer, and switchyard installations; HV, LV control, instrument, and communication cabling and terminations; auditing, rectifications, and completions; constructability reviews; primary and secondary injection protection testing; instrumentation, loop checking, and calibrations; hazardous area installations; instrument air and tubing installation; procurement and logistics management; pre-commissioning, completions, and start-ups; and comprehensive handover documentation services.
Southern Cross Electrical Engineering Fundamentals Summary
|SXE fundamental statistics|
Is SXE overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|SXE income statement (TTM)|
|Cost of Revenue||AU$320.09m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.054|
|Net Profit Margin||3.72%|
How did SXE perform over the long term?See historical performance and comparison
6.0%Current Dividend Yield
Does SXE pay a reliable dividends?See SXE dividend history and benchmarks
|Southern Cross Electrical Engineering dividend dates|
|Ex Dividend Date||Oct 26 2021|
|Dividend Pay Date||Nov 09 2021|
|Days until Ex dividend||9 days|
|Days until Dividend pay date||23 days|
Does SXE pay a reliable dividends?See SXE dividend history and benchmarks
Is Southern Cross Electrical Engineering 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: SXE (A$0.67) is trading below our estimate of fair value (A$1.43)
Significantly Below Fair Value: SXE is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SXE is good value based on its PE Ratio (12.5x) compared to the Australian Construction industry average (15.8x).
PE vs Market: SXE is good value based on its PE Ratio (12.5x) compared to the Australian market (19.8x).
Price to Earnings Growth Ratio
PEG Ratio: SXE is poor value based on its PEG Ratio (2x)
Price to Book Ratio
PB vs Industry: SXE is good value based on its PB Ratio (1x) compared to the AU Construction industry average (2x).
How is Southern Cross Electrical Engineering forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SXE's forecast earnings growth (6.2% per year) is above the savings rate (1.9%).
Earnings vs Market: SXE's earnings (6.2% per year) are forecast to grow slower than the Australian market (11.8% per year).
High Growth Earnings: SXE's earnings are forecast to grow, but not significantly.
Revenue vs Market: SXE's revenue (10.7% per year) is forecast to grow faster than the Australian market (5.4% per year).
High Growth Revenue: SXE's revenue (10.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SXE's Return on Equity is forecast to be low in 3 years time (10.4%).
How has Southern Cross Electrical Engineering performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SXE has a large one-off gain of A$7.6M impacting its June 30 2021 financial results.
Growing Profit Margin: SXE's current net profit margins (3.7%) are higher than last year (2.6%).
Past Earnings Growth Analysis
Earnings Trend: SXE's earnings have grown significantly by 33.6% per year over the past 5 years.
Accelerating Growth: SXE's earnings growth over the past year (26.6%) is below its 5-year average (33.6% per year).
Earnings vs Industry: SXE earnings growth over the past year (26.6%) exceeded the Construction industry 25%.
Return on Equity
High ROE: SXE's Return on Equity (8%) is considered low.
How is Southern Cross Electrical Engineering's financial position?
Financial Position Analysis
Short Term Liabilities: SXE's short term assets (A$201.6M) exceed its short term liabilities (A$138.2M).
Long Term Liabilities: SXE's short term assets (A$201.6M) exceed its long term liabilities (A$27.8M).
Debt to Equity History and Analysis
Debt Level: SXE is debt free.
Reducing Debt: SXE had no debt 5 years ago.
Debt Coverage: SXE has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SXE has no debt, therefore coverage of interest payments is not a concern.
What is Southern Cross Electrical Engineering current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: SXE's dividend (5.97%) is higher than the bottom 25% of dividend payers in the Australian market (2.27%).
High Dividend: SXE's dividend (5.97%) is in the top 25% of dividend payers in the Australian market (5.32%)
Stability and Growth of Payments
Stable Dividend: SXE has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: SXE's dividend payments have increased, but the company has only paid a dividend for 9 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (72.1%), SXE's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SXE's dividends in 3 years are forecast to be covered by earnings (68.1% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Graeme Dunn has been the Chief Executive Officer and Managing Director of Southern Cross Electrical Engineering Limited since January 18, 2016. Mr. Dunn served as Chief Operating Officer of NRW Holding...
CEO Compensation Analysis
Compensation vs Market: Graeme's total compensation ($USD1.08M) is above average for companies of similar size in the Australian market ($USD302.45K).
Compensation vs Earnings: Graeme's compensation has increased by more than 20% in the past year.
Experienced Management: SXE's management team is seasoned and experienced (8.1 years average tenure).
Experienced Board: SXE's board of directors are considered experienced (6 years average tenure).
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.7%.
Southern Cross Electrical Engineering Limited's employee growth, exchange listings and data sources
- Name: Southern Cross Electrical Engineering Limited
- Ticker: SXE
- Exchange: ASX
- Founded: 1978
- Industry: Construction and Engineering
- Sector: Capital Goods
- Market Cap: AU$171.979m
- Shares outstanding: 256.69m
- Website: https://www.scee.com.au
Number of Employees
- Southern Cross Electrical Engineering Limited
- 41 Macedonia Street
- Naval Base
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/16 07:04|
|End of Day Share Price||2021/10/15 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.