Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Emma Scotney was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • May 01
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Emma Scotney was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Feb 25
Duratec Limited Announces Fully Franked Ordinary Dividend for the Six Months Ended December 31, 2025, Payable on April 29, 2026 Duratec Limited announced fully franked ordinary dividend AUD 0.01750000 for the six months ended December 31, 2025, payable on April 29, 2026. Record date is March 18, 2026 and Ex date is March 17, 2026. Duyuru • Jan 30
Duratec Limited to Report First Half, 2026 Results on Feb 25, 2026 Duratec Limited announced that they will report first half, 2026 results on Feb 25, 2026 Board Change • Dec 24
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Emma Scotney was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Sep 26
Duratec Limited, Annual General Meeting, Nov 20, 2025 Duratec Limited, Annual General Meeting, Nov 20, 2025. Declared Dividend • Aug 29
Final dividend of AU$0.025 announced Shareholders will receive a dividend of AU$0.025. Ex-date: 16th September 2025 Payment date: 15th October 2025 Dividend yield will be 2.3%, which is lower than the industry average of 3.6%. Sustainability & Growth Dividend is well covered by both earnings (47% earnings payout ratio) and cash flows (49% cash payout ratio). The dividend has increased by an average of 30% per year over the past 4 years. However, payments have been volatile during that time. EPS is expected to grow by 42% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 27
Full year 2025 earnings released: EPS: AU$0.091 (vs AU$0.087 in FY 2024) Full year 2025 results: EPS: AU$0.091 (up from AU$0.087 in FY 2024). Revenue: AU$573.0m (up 3.1% from FY 2024). Net income: AU$22.8m (up 6.5% from FY 2024). Profit margin: 4.0% (up from 3.9% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Construction industry in Australia. Board Change • Aug 18
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 3 highly experienced directors. 1 independent director (3 non-independent directors). Independent Non-Executive Chairman Martin Brydon was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Duyuru • Jul 30
Duratec Limited to Report Fiscal Year 2025 Results on Aug 27, 2025 Duratec Limited announced that they will report fiscal year 2025 results on Aug 27, 2025 Board Change • Feb 04
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 3 highly experienced directors. 1 independent director (3 non-independent directors). Independent Non-Executive Chairman Martin Brydon was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Duyuru • Jan 31
Duratec Limited to Report First Half, 2025 Results on Feb 20, 2025 Duratec Limited announced that they will report first half, 2025 results on Feb 20, 2025 Board Change • Dec 24
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 3 highly experienced directors. 1 independent director (3 non-independent directors). Independent Non-Executive Chairman Martin Brydon was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Oct 14
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to AU$1.66, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the Construction industry in Australia. Total returns to shareholders of 342% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at AU$2.36 per share. Duyuru • Sep 27
Duratec Limited, Annual General Meeting, Nov 22, 2024 Duratec Limited, Annual General Meeting, Nov 22, 2024. Declared Dividend • Aug 30
Final dividend of AU$0.025 announced Shareholders will receive a dividend of AU$0.025. Ex-date: 17th September 2024 Payment date: 9th October 2024 Dividend yield will be 3.2%, which is lower than the industry average of 3.6%. Sustainability & Growth Dividend is covered by earnings (31% earnings payout ratio) but not adequately covered by cash flows (90.1% cash payout ratio). The dividend has increased by an average of 39% per year over the past 3 years and payments have been stable during that time. EPS is expected to grow by 38% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 28
Full year 2024 earnings released: EPS: AU$0.087 (vs AU$0.079 in FY 2023) Full year 2024 results: EPS: AU$0.087 (up from AU$0.079 in FY 2023). Revenue: AU$555.8m (up 13% from FY 2023). Net income: AU$21.4m (up 12% from FY 2023). Profit margin: 3.9% (in line with FY 2023). Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Construction industry in Australia. Over the last 3 years on average, earnings per share has increased by 50% per year whereas the company’s share price has increased by 49% per year. Duyuru • Aug 01
Duratec Limited to Report Fiscal Year 2024 Results on Aug 28, 2024 Duratec Limited announced that they will report fiscal year 2024 results on Aug 28, 2024 Valuation Update With 7 Day Price Move • May 16
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to AU$1.14, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 15x in the Construction industry in Australia. Total returns to shareholders of 224% over the past three years. Upcoming Dividend • Mar 08
Upcoming dividend of AU$0.015 per share Eligible shareholders must have bought the stock before 15 March 2024. Payment date: 07 May 2024. Payout ratio is a comfortable 31% but the company is paying out more than the cash it is generating. Trailing yield: 3.1%. Lower than top quartile of Australian dividend payers (6.2%). In line with average of industry peers (3.4%). Reported Earnings • Feb 26
First half 2024 earnings released: EPS: AU$0.05 (vs AU$0.032 in 1H 2023) First half 2024 results: EPS: AU$0.05 (up from AU$0.032 in 1H 2023). Revenue: AU$292.7m (up 28% from 1H 2023). Net income: AU$12.2m (up 56% from 1H 2023). Profit margin: 4.2% (up from 3.4% in 1H 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Construction industry in Australia. Over the last 3 years on average, earnings per share has increased by 39% per year whereas the company’s share price has increased by 35% per year. Valuation Update With 7 Day Price Move • Feb 07
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to AU$1.60, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 15x in the Construction industry in Australia. Total returns to shareholders of 196% over the past three years. Duyuru • Feb 02
Duratec Limited to Report First Half, 2024 Results on Feb 22, 2024 Duratec Limited announced that they will report first half, 2024 results on Feb 22, 2024 Valuation Update With 7 Day Price Move • Dec 08
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to AU$1.51, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 13x in the Construction industry in Australia. Total returns to shareholders of 175% over the past three years. Duyuru • Nov 25
Duratec Limited Announces Managing Director Changes, Effective 1 December 2023 Duratec Limited announces the resignation of Mr. Phil Harcourt as Managing Director of the Company, effective 1 December 2023. Although Mr. Harcourt will be retiring from his executive role in the Company, Mr. Harcourt will remain very much involved in Duratec's continued success into the future, as a Non-Executive Director on both the Duratec Limited and DDR Australia boards. The Company announced that it has appointed Mr. Chris Oates (Executive Director) as Managing Director effective 1 December 2023. Mr. Oates was a fellow founder of Duratec Limited in 2010 alongside Mr. Harcourt and Mr. Diprose and has been a Director and senior executive in the company since inception. Mr. Oates has a deep understanding of the Company's operations and has been fundamental in the Company's growth and performance, making him the ideal candidate for leading the Company into the future. Duyuru • Nov 24
Duratec Limited Provides Earnings Guidance for the Year Full Year Ended 30 June 2024 Duratec Limited provided earnings guidance for the year full year ended 30 June 2024. For the year, the Company's revenue is expected to be in the range of $570 million to $610 million. Duyuru • Sep 16
Duratec Limited, Annual General Meeting, Nov 10, 2023 Duratec Limited, Annual General Meeting, Nov 10, 2023. Recent Insider Transactions • Sep 15
Insider recently sold AU$3.6m worth of stock On the 8th of September, Deane Diprose sold around 3m shares on-market at roughly AU$1.35 per share. This transaction amounted to 10% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth AU$4.2m. Insiders have been net sellers, collectively disposing of AU$11m more than they bought in the last 12 months. Upcoming Dividend • Sep 08
Upcoming dividend of AU$0.03 per share at 3.0% yield Eligible shareholders must have bought the stock before 15 September 2023. Payment date: 09 October 2023. Payout ratio is a comfortable 51% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Australian dividend payers (7.0%). Lower than average of industry peers (3.6%). New Risk • Aug 26
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 3.0% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (2.8% increase in shares outstanding). Significant insider selling over the past 3 months (AU$4.2m sold). Reported Earnings • Aug 25
Full year 2023 earnings released: EPS: AU$0.079 (vs AU$0.032 in FY 2022) Full year 2023 results: EPS: AU$0.079 (up from AU$0.032 in FY 2022). Revenue: AU$491.8m (up 59% from FY 2022). Net income: AU$19.2m (up 147% from FY 2022). Profit margin: 3.9% (up from 2.5% in FY 2022). The increase in margin was driven by higher revenue. Duyuru • Aug 25
Duratec Limited Declares Final Dividend (Fully Franked) for Year 2023, Payable on 9 October 2023 Duratec Limited announced that since the end of the financial year, the Directors have recommended the payment of a final ordinary dividend for 2023 of 3.0 cents per fully paid share, franked to 100%, to be paid on 9 October 2023. Duyuru • Jun 30
Duratec Limited Appoints Krista Bates as Non-Executive Director Duratec Limited announced the appointment of Krista Bates as a Non-Executive Director to the Duratec Board, effective 1 July 2023. Krista Bates joins the Duratec Board as a highly credentialed non-executive and executive director of various listed companies (Australian Stock Exchange and London Stock Exchange). Krista is a highly accomplished international lawyer specialising in mergers and acquisitions, with comprehensive knowledge of global corporate law, strategic thinking, negotiations, and commercial acumen. Valuation Update With 7 Day Price Move • May 29
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to AU$1.10, the stock trades at a trailing P/E ratio of 18.2x. Average trailing P/E is 15x in the Construction industry in Australia. Total returns to shareholders of 223% over the past year. Board Change • Mar 31
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 Chairman Martin Brydon was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.