Upcoming Dividend • May 07
Upcoming dividend of AU$0.11 per share Eligible shareholders must have bought the stock before 14 May 2026. Payment date: 05 June 2026. The company is paying out more than 100% of its profits and is paying out 77% of its cash flow. Trailing yield: 7.2%. Within top quartile of Australian dividend payers (6.7%). Higher than average of industry peers (2.9%). Declared Dividend • Apr 13
First half dividend of AU$0.11 announced Shareholders will receive a dividend of AU$0.11. Ex-date: 14th May 2026 Payment date: 5th June 2026 Dividend yield will be 7.6%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is not covered by earnings (113% earnings payout ratio). However, it is covered by cash flows (77% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 25% to bring the payout ratio under control. However, EPS has declined by 2.6% over the last 5 years so the company would need to reverse this trend. Recent Insider Transactions • Feb 18
Executive Chairman recently bought AU$812k worth of stock On the 17th of February, Lev Mizikovsky bought around 285k shares on-market at roughly AU$2.85 per share. This transaction amounted to 1.2% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Lev has been a buyer over the last 12 months, purchasing a net total of AU$840k worth in shares. Reported Earnings • Feb 16
First half 2026 earnings released: EPS: AU$0.13 (vs AU$0.088 in 1H 2025) First half 2026 results: EPS: AU$0.13 (up from AU$0.088 in 1H 2025). Revenue: AU$66.4m (up 37% from 1H 2025). Net income: AU$4.87m (up 46% from 1H 2025). Profit margin: 7.3% (up from 6.9% in 1H 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Board Change • Jan 05
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Non-Executive Director Rade Dudurovic was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Nov 11
Upcoming dividend of AU$0.10 per share Eligible shareholders must have bought the stock before 18 November 2025. Payment date: 10 December 2025. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 7.4%. Within top quartile of Australian dividend payers (5.7%). Higher than average of industry peers (2.5%). Declared Dividend • Oct 19
Final dividend of AU$0.10 announced Shareholders will receive a dividend of AU$0.10. Ex-date: 18th November 2025 Payment date: 10th December 2025 Dividend yield will be 8.0%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is not covered by earnings (101% earnings payout ratio) nor is it covered by cash flows (251% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 13% to bring the payout ratio under control. However, EPS has declined by 1.6% over the last 5 years so the company would need to reverse this trend. Announcement • Oct 14
Tamawood Limited, Annual General Meeting, Nov 14, 2025 Tamawood Limited, Annual General Meeting, Nov 14, 2025. Location: at aicd level 9, riverside centre, 123 eagle st, brisbane city qld 40010 Australia Reported Earnings • Aug 08
Full year 2025 earnings released: EPS: AU$0.15 (vs AU$0.15 in FY 2024) Full year 2025 results: EPS: AU$0.15 (in line with FY 2024). Revenue: AU$101.0m (up 18% from FY 2024). Net income: AU$5.79m (up 4.5% from FY 2024). Profit margin: 5.7% (down from 6.5% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • May 20
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to AU$2.72, the stock trades at a trailing P/E ratio of 18.1x. Average trailing P/E is 19x in the Consumer Durables industry in Australia. Total returns to shareholders of 13% over the past three years. Upcoming Dividend • May 08
Upcoming dividend of AU$0.11 per share Eligible shareholders must have bought the stock before 15 May 2025. Payment date: 06 June 2025. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 7.1%. Within top quartile of Australian dividend payers (6.3%). Higher than average of industry peers (2.6%). Declared Dividend • Apr 14
First half dividend of AU$0.11 announced Shareholders will receive a dividend of AU$0.11. Ex-date: 15th May 2025 Payment date: 6th June 2025 Dividend yield will be 7.3%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is not covered by earnings (131% earnings payout ratio) nor is it covered by cash flows (214% cash payout ratio). The dividend has increased over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 46% to bring the payout ratio under control, which is more than the 8.6% EPS growth achieved over the last 5 years. Announcement • Apr 11
Tamawood Limited Declares Interim Fully Franked Dividend, Payable 6 June 2025 Tamawood Limited declared an interim fully franked dividend of 11 cents payable 6 June 2025. Reported Earnings • Feb 12
First half 2025 earnings released: EPS: AU$0.088 (vs AU$0.09 in 1H 2024) First half 2025 results: EPS: AU$0.088. Revenue: AU$48.4m (up 9.0% from 1H 2024). Net income: AU$3.33m (up 4.5% from 1H 2024). Profit margin: 6.9% (down from 7.2% in 1H 2024). The decrease in margin was driven by higher expenses. Announcement • Jan 09
Tamawood Limited Appoints Mr. Lev Mizikovsky as Executive Chairman The Board has resolved to appoint Mr. Lev Mizikovsky as Executive Chairman of Tamawood Limited (TWD), effective January 9, 2024. Mr. Robert Lynch will remain as an independent non-executive director. The Board extends its deepest gratitude to Robert for his exceptional contributions as Chairman and looks forward to his ongoing involvement as a non-executive director. Robert has played a crucial role in guiding TWD through challenges such as the COVID-19 pandemic, addressing issues like inflated supplier pricing due to the Federal Government's stimulus packages, and tackling the shortage of skilled labour resulting from the flawed apprenticeship scheme. Under Robert's leadership, TWD has remained debt-free, profitable, and has consistently paid dividends to its shareholders. Mr. Tim Bartholomaeus will continue to oversee day-to-day operations, with a focus on new product development, geographic expansion, and reducing construction timelines. The Board is taking the opportunity to leverage Lev's 30+ years of experience in software development and his expertise in AI to further automate the company's operations. This will enhance quality assurance (QA) systems, boost sales, and increase capacity to accommodate higher sales volumes. Additionally, as Chairman of Veganic SKN Limited, Lev played a role in the development of the world's first vegan organic mineral sunscreens and extensively used AI to identify the safest ingredients for the company's products. Upcoming Dividend • Nov 11
Upcoming dividend of AU$0.09 per share Eligible shareholders must have bought the stock before 18 November 2024. Payment date: 10 December 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 5.9%. Lower than top quartile of Australian dividend payers (6.0%). Higher than average of industry peers (2.3%). Declared Dividend • Oct 13
Final dividend of AU$0.09 announced Shareholders will receive a dividend of AU$0.09. Ex-date: 18th November 2024 Payment date: 10th December 2024 Dividend yield will be 7.2%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is not covered by earnings (193% earnings payout ratio) nor is it covered by cash flows (139% cash payout ratio). The dividend has increased over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 115% to bring the payout ratio under control. However, EPS has remained steady over the last 5 years so the company would need to improve on their historical growth rates. Announcement • Oct 11
Tamawood Limited Declares Final Ordinary Dividend for the Period Ending Ended June 30, 2024, Payable on December 10, 2024 The Board of Tamawood Limited announced final Ordinary dividend of AUD 0.09000000. Dividend relates to a period of six months and the dividend/distribution relates to the financial reporting or payment period ending ended June 30, 2024. Record date is November 19, 2024. Ex-date is November 18, 2024 and payment date is December 10, 2024. Announcement • Sep 13
Tamawood Limited, Annual General Meeting, Oct 14, 2024 Tamawood Limited, Annual General Meeting, Oct 14, 2024. Location: morgans, level 29, riverside centre, 123 eagle st, brisbane city qld 4001, Australia Reported Earnings • Aug 23
Full year 2024 earnings released: EPS: AU$0.15 (vs AU$0.06 in FY 2023) Full year 2024 results: EPS: AU$0.15 (up from AU$0.06 in FY 2023). Revenue: AU$85.4m (up 10% from FY 2023). Net income: AU$5.54m (up 162% from FY 2023). Profit margin: 6.5% (up from 2.7% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Buy Or Sell Opportunity • Jul 25
Now 24% overvalued Over the last 90 days, the stock has fallen 3.7% to AU$2.88. The fair value is estimated to be AU$2.32, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 8.3% over the last 3 years. Earnings per share has declined by 44%. Announcement • May 31
Tamawood Limited Announces Board Changes Tamawood Limited Board announced that one of its Non-executive Directors has resigned, Linda Barr (Chair of Audit Committee). Company thank Linda for her contribution to the Tamawood Board over the past couple of years. The Board is in the process of defining skills required to replace Linda, whilst in this process, the Board has appointed Rade Dudurovic as a Non-executive Director and Chair of the Audit Committee on a temporary basis. Rade has an extensive background in private equity with strong exposure to industrial and branded consumer manufacturing and distribution businesses particularly in the Asian region. He has qualifications in commerce and law and is a CPA as well as Senior Fellow of FINSIA. Upcoming Dividend • May 09
Upcoming dividend of AU$0.11 per share Eligible shareholders must have bought the stock before 16 May 2024. Payment date: 07 June 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 5.2%. Lower than top quartile of Australian dividend payers (6.3%). Higher than average of industry peers (2.4%). Buy Or Sell Opportunity • Apr 26
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 20% to AU$2.99. The fair value is estimated to be AU$2.47, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 8.3% over the last 3 years. Earnings per share has declined by 44%. Buy Or Sell Opportunity • Apr 23
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 23% to AU$3.05. The fair value is estimated to be AU$2.48, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 8.3% over the last 3 years. Earnings per share has declined by 44%. Valuation Update With 7 Day Price Move • Mar 15
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to AU$2.75, the stock trades at a trailing P/E ratio of 22.5x. Average trailing P/E is 22x in the Consumer Durables industry in Australia. Total loss to shareholders of 9.9% over the past three years. Announcement • Mar 15
Tamawood Limited Announces an Interim Dividend Fully Franked for the Period Ended December 2023 Tamawood Limited announced an interim dividend of 11 cents fully franked for the period ended December 2023. This follows a final dividend of 16 cents for financial year 2023 bringing the total dividend for the previous 12 months to 27 cents partially franked. Reported Earnings • Feb 18
First half 2024 earnings released: EPS: AU$0.09 (vs AU$0.024 in 1H 2023) First half 2024 results: EPS: AU$0.09 (up from AU$0.024 in 1H 2023). Revenue: AU$44.4m (up 16% from 1H 2023). Net income: AU$3.19m (up 289% from 1H 2023). Profit margin: 7.2% (up from 2.1% in 1H 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. New Risk • Dec 13
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.6% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 266% Cash payout ratio: 151% Earnings have declined by 20% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (3.6% increase in shares outstanding). Market cap is less than US$100m (AU$89.8m market cap, or US$59.1m). Upcoming Dividend • Nov 13
Upcoming dividend of AU$0.16 per share Eligible shareholders must have bought the stock before 20 November 2023. Payment date: 08 December 2023. The company last paid an ordinary dividend in August 2013. The average dividend yield among industry peers is 2.6%. Valuation Update With 7 Day Price Move • Nov 06
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to AU$2.71, the stock trades at a trailing P/E ratio of 45.6x. Average trailing P/E is 22x in the Consumer Durables industry in Australia. Total loss to shareholders of 9.2% over the past three years. Announcement • Oct 26
Tamawood Limited Declares Unfranked Final Dividend, Payable on 8 December 2023 Tamawood Limited announced that the board declared an unfranked final dividend of 16 cents to be paid on 8 December 2023. Announcement • Sep 11
Tamawood Limited, Annual General Meeting, Oct 10, 2023 Tamawood Limited, Annual General Meeting, Oct 10, 2023, at 13:00 E. Australia Standard Time. Location: Level 9, Riverside Centre, 123 Eagle St, Brisbane City QLD 4001 BRISBANE Australia Agenda: To consider the Company's financial statements, the related Directors' Report, Directors Declaration and Independent Audit Report for the financial year ended 30 June 2023; to consider Remuneration Report; and to consider Re-Election of Mr Lev Mizikovsky as Director. Reported Earnings • Aug 23
Full year 2023 earnings released: EPS: AU$0.06 (vs AU$0.097 in FY 2022) Full year 2023 results: EPS: AU$0.06 (down from AU$0.097 in FY 2022). Revenue: AU$77.5m (down 13% from FY 2022). Net income: AU$2.11m (down 27% from FY 2022). Profit margin: 2.7% (down from 3.2% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Announcement • Aug 22
Tamawood Limited Proposes Final Dividend for the Year 2023 Tamawood Limited announced that subsequent to 30 June 2023, the Managing Director will be putting a proposal to the Board to consider a final unfranked dividend of 14 cents (fiscal year 2022: 13 cents fully franked), which will be decided at the September Board meeting and a market release will follow. Importantly, Tamawood remains debt free with significant cash. Reported Earnings • Feb 18
First half 2023 earnings released: EPS: AU$0.024 (vs AU$0.081 in 1H 2022) First half 2023 results: EPS: AU$0.024 (down from AU$0.081 in 1H 2022). Revenue: AU$38.4m (down 27% from 1H 2022). Net income: AU$819.0k (down 65% from 1H 2022). Profit margin: 2.1% (down from 4.5% in 1H 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 14% per year. Announcement • Feb 17
Tamawood Limited Announces No Interim Dividend for the Period Ended December 31, 2022 Tamawood Limited announced there is no interim dividend payable and the Board will review the full year results before determining the final dividend. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Director Linda Barr was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Oct 14
Tamawood Limited, Annual General Meeting, Nov 16, 2022 Tamawood Limited, Annual General Meeting, Nov 16, 2022, at 13:00 E. Australia Standard Time. Location: t Australian Institute of Company Directors, Level 9, Riverside Centre 123 Eagle St Brisbane Queensland Australia Agenda: To consider Financial Statements and Reports; to consider Re-Election of Tim Bartholomaeus as a Director. Reported Earnings • Aug 24
Full year 2022 earnings released: EPS: AU$0.097 (vs AU$0.23 in FY 2021) Full year 2022 results: EPS: AU$0.097 (down from AU$0.23 in FY 2021). Revenue: AU$89.4m (down 8.6% from FY 2021). Net income: AU$2.89m (down 55% from FY 2021). Profit margin: 3.2% (down from 6.6% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Announcement • Aug 24
Tamawood Limited Proposal Final Unfranked Dividend Tamawood Limited announced Subsequent to 30 June, will be putting a proposal to the Board to consider a final unfranked dividend of 13 cents (FY21: 13 cents fully franked). This will be decided once the Board have reviewed the performance of Tamawood in the first couple of months of FY23. Importantly, Tamawood remains debt free with significant cash reserves. Recent Insider Transactions • Jun 05
Non-Executive Director recently bought AU$10m worth of stock On the 1st of June, Lev Mizikovsky bought around 4m shares on-market at roughly AU$2.89 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$9.8m more in shares than they have sold in the last 12 months. Buying Opportunity • May 02
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 8.8%. The fair value is estimated to be AU$4.01, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.4% over the last 3 years. Earnings per share has grown by 2.6%. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Director Linda Barr was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Buying Opportunity • Apr 11
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 8.8%. The fair value is estimated to be AU$3.97, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.4% over the last 3 years. Earnings per share has grown by 2.6%. Announcement • Apr 08
Tamawood Limited Provides Earnings Outlook for the Year 2022 Tamawood Limited provided earnings outlook for the year 2022. For the period, the company anticipates there will be negative impact on the results due to the significant number of days lost to wet weather and floods. Announcement • Apr 06
Tamawood Limited Appoints Linda Barr as Non-Executive Director, Effective April 6, 2022 Tamawood Limited announced that it has appointed Mrs. Linda Barr as a new Non-executive Director and her appointment will include Chairing the Audit Committee, Effective April 6, 2022. Linda brings to Tamawood extensive knowledge in accounting systems and over 30 years in accounting and management roles. Growth and expansion focused director with executive experience in finance and ICT gained in Engineering, Wholesale Distribution and Manufacturing industries. She gained valuable skills in senior finance and executive roles reporting to an ASX 100 listed Company Board, where she focused on delivering strategic integration of acquisitions, identifying synergies, and creating value added services for Finance and ICT to support business operations. An accomplished leader of cultural change, business innovation and transformation. Determined to seek and create business value by acquisition, digital transformation, operational excellence, and financial acumen. Buying Opportunity • Mar 17
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 7.6%. The fair value is estimated to be AU$3.86, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.4% per annum over the last 3 years. Earnings per share has grown by 2.6% per annum over the last 3 years. Upcoming Dividend • Feb 17
Upcoming dividend of AU$0.11 per share Eligible shareholders must have bought the stock before 24 February 2022. Payment date: 11 March 2022. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 6.5%. Within top quartile of Australian dividend payers (5.3%). Higher than average of industry peers (1.8%). Announcement • Feb 16
Tamawood Limited Announces Executive Changes Tamawood Limited announced that two of its Non-executive Directors have resigned, Laurie Lefcourt and Linda Horgan. Reported Earnings • Feb 09
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: EPS: AU$0.081 (down from AU$0.11 in 1H 2021). Revenue: AU$52.6m (up 15% from 1H 2021). Net income: AU$2.37m (down 25% from 1H 2021). Profit margin: 4.5% (down from 6.9% in 1H 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 1% per year. Announcement • Feb 01
Tamawood Limited Declares Interim Fully Franked Dividend for the First Half of Fiscal Year 2022, Payable on March 11, 2022 Tamawood Limited declared interim fully franked dividend for the first half FY22 is 11 cents. In line with the new dividend payment plan the dividend will be paid on March 11, 2022. Announcement • Dec 11
Tamawood Limited Provides Earnings Guidance for Full Year 2022 Tamawood Limited provided earnings guidance for full year 2022. For the period, the company expects profit before tax result of between $8 million - $9 million. Upcoming Dividend • Aug 13
Upcoming dividend of AU$0.13 per share Eligible shareholders must have bought the stock before 20 August 2021. Payment date: 06 September 2021. Trailing yield: 6.6%. Within top quartile of Australian dividend payers (4.9%). Higher than average of industry peers (1.5%). Reported Earnings • Aug 03
Full year 2021 earnings released: EPS AU$0.23 (vs AU$0.16 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: AU$97.9m (up 6.4% from FY 2020). Net income: AU$6.46m (up 44% from FY 2020). Profit margin: 6.6% (up from 4.9% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Recent Insider Transactions • Apr 01
Non-Executive Director recently bought AU$1.6m worth of stock On the 31st of March, Lev Mizikovsky bought around 481k shares on-market at roughly AU$3.40 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$2.3m more in shares than they have sold in the last 12 months. Is New 90 Day High Low • Mar 10
New 90-day high: AU$3.75 The company is up 9.0% from its price of AU$3.45 on 10 December 2020. The Australian market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 7.0% over the same period. Recent Insider Transactions • Mar 05
Non-Executive Director recently bought AU$79k worth of stock On the 1st of March, Lev Mizikovsky bought around 23k shares on-market at roughly AU$3.51 per share. In the last 3 months, they made an even bigger purchase worth AU$412k. Insiders have collectively bought AU$660k more in shares than they have sold in the last 12 months. Reported Earnings • Feb 14
First half 2021 earnings released: EPS AU$0.11 (vs AU$0.064 in 1H 2020) The company reported a decent first half result with improved earnings and profit margins, although revenues were weaker. First half 2021 results: Revenue: AU$45.6m (down 5.0% from 1H 2020). Net income: AU$3.16m (up 79% from 1H 2020). Profit margin: 6.9% (up from 3.7% in 1H 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Feb 01
New 90-day high: AU$3.58 The company is up 3.0% from its price of AU$3.49 on 03 November 2020. The Australian market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 10.0% over the same period. Is New 90 Day High Low • Jan 14
New 90-day low: AU$3.28 The company is down 6.0% from its price of AU$3.48 on 16 October 2020. The Australian market is up 9.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Consumer Durables industry, which is down 7.0% over the same period. Valuation Update With 7 Day Price Move • Oct 13
Market bids up stock over the past week After last week's 16% share price gain to AU$3.50, the stock is trading at a trailing P/E ratio of 21.6x, up from the previous P/E ratio of 18.6x. This compares to an average P/E of 18x in the Consumer Durables industry in Australia. Total returns to shareholders over the past three years are 6.8%. Is New 90 Day High Low • Oct 08
New 90-day high: AU$3.29 The company is up 21% from its price of AU$2.72 on 10 July 2020. The Australian market is up 3.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Consumer Durables industry, which is up 26% over the same period.