Adbri Limited manufactures, imports, distributes, and markets construction materials in Australia. More Details
Good value with proven track record.
Share Price & News
How has Adbri's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ABC is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: ABC's weekly volatility (6%) has been stable over the past year.
7 Day Return
AU Basic Materials
1 Year Return
AU Basic Materials
Return vs Industry: ABC underperformed the Australian Basic Materials industry which returned 117.3% over the past year.
Return vs Market: ABC exceeded the Australian Market which returned 41.7% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Adbri's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StAre Institutions Heavily Invested In Adbri Limited's (ASX:ABC) Shares?
2 weeks ago | Simply Wall StDon't Buy Adbri Limited (ASX:ABC) For Its Next Dividend Without Doing These Checks
4 weeks ago | Simply Wall StAt AU$3.10, Is It Time To Put Adbri Limited (ASX:ABC) On Your Watch List?
Is Adbri 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: ABC (A$3.39) is trading below our estimate of fair value (A$9.71)
Significantly Below Fair Value: ABC is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ABC is good value based on its PE Ratio (23.6x) compared to the AU Basic Materials industry average (25.4x).
PE vs Market: ABC is poor value based on its PE Ratio (23.6x) compared to the Australian market (20.7x).
Price to Earnings Growth Ratio
PEG Ratio: ABC is poor value based on its PEG Ratio (3x)
Price to Book Ratio
PB vs Industry: ABC is good value based on its PB Ratio (1.8x) compared to the AU Basic Materials industry average (2.6x).
How is Adbri forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ABC's forecast earnings growth (7.8% per year) is above the savings rate (2%).
Earnings vs Market: ABC's earnings (7.8% per year) are forecast to grow slower than the Australian market (15.1% per year).
High Growth Earnings: ABC's earnings are forecast to grow, but not significantly.
Revenue vs Market: ABC's revenue (1.7% per year) is forecast to grow slower than the Australian market (5.7% per year).
High Growth Revenue: ABC's revenue (1.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ABC's Return on Equity is forecast to be low in 3 years time (9.4%).
How has Adbri performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ABC has high quality earnings.
Growing Profit Margin: ABC's current net profit margins (6.4%) are higher than last year (3.1%).
Past Earnings Growth Analysis
Earnings Trend: ABC's earnings have declined by 20.1% per year over the past 5 years.
Accelerating Growth: ABC's earnings growth over the past year (97%) exceeds its 5-year average (-20.1% per year).
Earnings vs Industry: ABC earnings growth over the past year (97%) exceeded the Basic Materials industry -6.4%.
Return on Equity
High ROE: ABC's Return on Equity (7.7%) is considered low.
How is Adbri's financial position?
Financial Position Analysis
Short Term Liabilities: ABC's short term assets (A$452.5M) exceed its short term liabilities (A$221.3M).
Long Term Liabilities: ABC's short term assets (A$452.5M) do not cover its long term liabilities (A$679.6M).
Debt to Equity History and Analysis
Debt Level: ABC's debt to equity ratio (38.1%) is considered satisfactory.
Reducing Debt: ABC's debt to equity ratio has increased from 27.4% to 38.1% over the past 5 years.
Debt Coverage: ABC's debt is well covered by operating cash flow (55%).
Interest Coverage: ABC's interest payments on its debt are well covered by EBIT (6.9x coverage).
What is Adbri current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ABC's dividend (4.28%) is higher than the bottom 25% of dividend payers in the Australian market (1.99%).
High Dividend: ABC's dividend (4.28%) is low compared to the top 25% of dividend payers in the Australian market (5.29%).
Stability and Growth of Payments
Stable Dividend: ABC's dividend payments have been volatile in the past 10 years.
Growing Dividend: ABC's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (83.5%), ABC's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ABC's dividends in 3 years are forecast to be covered by earnings (68% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Nicholas D. Miller, also known as Nick, NZCE(Civil), BE(Hons), FIPENZ, GAICD, has been Chief Executive Officer of ADBRI Limited (formerly known as Adelaide Brighton Limited) since January 30, 2019. He ...
CEO Compensation Analysis
Compensation vs Market: Nick's total compensation ($USD1.98M) is above average for companies of similar size in the Australian market ($USD1.30M).
Compensation vs Earnings: Nick's compensation has increased by more than 20% in the past year.
Experienced Management: ABC's management team is considered experienced (2 years average tenure).
Experienced Board: ABC's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ABC insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Adbri Limited's company bio, employee growth, exchange listings and data sources
- Name: Adbri Limited
- Ticker: ABC
- Exchange: ASX
- Founded: 1882
- Industry: Construction Materials
- Sector: Materials
- Market Cap: AU$2.206b
- Shares outstanding: 652.63m
- Website: https://www.adbri.com.au
Number of Employees
- Adbri Limited
- Aurora Place
- Level 9
- New South Wales
Adbri Limited manufactures, imports, distributes, and markets construction materials in Australia. The company operates in two segments, Cement, Lime, Concrete and Aggregates; and Concrete Products. It off...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/21 08:09|
|End of Day Share Price||2021/04/21 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.