Gowing Bros. Limited operates as an investment and wealth management company in Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$3.10|
|52 Week High||AU$1.54|
|52 Week Low||AU$3.16|
|1 Month Change||5.09%|
|3 Month Change||14.82%|
|1 Year Change||91.95%|
|3 Year Change||14.82%|
|5 Year Change||-10.15%|
|Change since IPO||59.62%|
Recent News & Updates
|GOW||AU Diversified Financial||AU Market|
Return vs Industry: GOW exceeded the Australian Diversified Financial industry which returned 12.9% over the past year.
Return vs Market: GOW exceeded the Australian Market which returned 20.2% over the past year.
Stable Share Price: GOW is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: GOW's weekly volatility (5%) has been stable over the past year.
About the Company
Gowing Bros. Limited operates as an investment and wealth management company in Australia. It operates through two divisions, Investment Management and Property Management. The Investment Management segment invests in securities listed on the Australian Stock Exchange in private equity vehicles, as well as loans, including mezzanine finance arrangements.
Gowing Bros Fundamentals Summary
|GOW fundamental statistics|
Is GOW overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|GOW income statement (TTM)|
|Cost of Revenue||AU$52.97m|
Last Reported Earnings
Jul 31, 2021
Next Earnings Date
|Earnings per share (EPS)||0.19|
|Net Profit Margin||13.64%|
How did GOW perform over the long term?See historical performance and comparison
1.9%Current Dividend Yield
Is Gowing Bros undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: GOW (A$3.1) is trading above our estimate of fair value (A$0.23)
Significantly Below Fair Value: GOW is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: GOW is good value based on its PE Ratio (16x) compared to the Australian Diversified Financial industry average (17.6x).
PE vs Market: GOW is good value based on its PE Ratio (16x) compared to the Australian market (19.8x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate GOW's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GOW is good value based on its PB Ratio (0.9x) compared to the AU Diversified Financial industry average (1.2x).
How is Gowing Bros forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Diversified Financials 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 Gowing Bros 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.
How has Gowing Bros performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GOW has high quality earnings.
Growing Profit Margin: GOW's current net profit margins (13.6%) are higher than last year (7.5%).
Past Earnings Growth Analysis
Earnings Trend: GOW's earnings have declined by 37.3% per year over the past 5 years.
Accelerating Growth: GOW's earnings growth over the past year (118.7%) exceeds its 5-year average (-37.3% per year).
Earnings vs Industry: GOW earnings growth over the past year (118.7%) exceeded the Diversified Financial industry -19%.
Return on Equity
High ROE: GOW's Return on Equity (5.3%) is considered low.
How is Gowing Bros's financial position?
Financial Position Analysis
Short Term Liabilities: GOW's short term assets (A$46.7M) exceed its short term liabilities (A$16.4M).
Long Term Liabilities: GOW's short term assets (A$46.7M) do not cover its long term liabilities (A$120.9M).
Debt to Equity History and Analysis
Debt Level: GOW's debt to equity ratio (48.9%) is considered high.
Reducing Debt: GOW's debt to equity ratio has increased from 25.1% to 48.9% over the past 5 years.
Debt Coverage: GOW's debt is not well covered by operating cash flow (9.9%).
Interest Coverage: GOW's interest payments on its debt are well covered by EBIT (4.8x coverage).
What is Gowing Bros's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: GOW's dividend (1.94%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.27%).
High Dividend: GOW's dividend (1.94%) is low compared to the top 25% of dividend payers in the Australian market (5.32%).
Stability and Growth of Payments
Stable Dividend: GOW's dividend payments have been volatile in the past 10 years.
Growing Dividend: GOW's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (31%), GOW's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
John Gowing (60 yo)
Mr. John Edward Gowing, B.Comm, CA, CPA, has been Managing Director and Executive Director of Gowing Bros. Limited since 1987 and 1983 respectively. Mr. Gowing commenced his employment career with Gowing B...
CEO Compensation Analysis
Compensation vs Market: John's total compensation ($USD227.58K) is about average for companies of similar size in the Australian market ($USD302.72K).
Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.
Experienced Management: GOW's management team is considered experienced (2.5 years average tenure).
Experienced Board: GOW's board of directors are seasoned and experienced ( 12.6 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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Gowing Bros. Limited's employee growth, exchange listings and data sources
- Name: Gowing Bros. Limited
- Ticker: GOW
- Exchange: ASX
- Founded: NaN
- Industry: Multi-Sector Holdings
- Sector: Diversified Financials
- Market Cap: AU$167.585m
- Shares outstanding: 53.54m
- Website: https://www.gowings.com
- Gowing Bros. Limited
- The Gowings Building
- Suite 3, Level 3
- Coffs Harbour
- New South Wales
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/18 07:04|
|End of Day Share Price||2021/10/18 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.