Civmec Ltd

Industrials AU CVL

1.305AUD
-0.015(1.14%)

Last update at 2024-12-19T05:11:00Z

Day Range

1.301.33
LowHigh

52 Week Range

0.821.45
LowHigh

Fundamentals

  • Previous Close 1.32
  • Market Cap686.51M
  • Volume57685
  • P/E Ratio10.38
  • Dividend Yield4.44%
  • EBITDA111.35M
  • Revenue TTM1033.47M
  • Revenue Per Share TTM2.04
  • Gross Profit TTM 109.17M
  • Diluted EPS TTM0.13

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Type yearly yearly yearly yearly yearly
Date 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Income before tax 82.57M 69.98M 50.20M 22.77M 8.99M
Minority interest -0.01800M 0.02M -0.25800M -0.11500M -0.07800M
Net income 57.66M 50.76M 34.77M 17.59M 6.08M
Selling general administrative 7.73M 5.47M 5.40M 16.95M 16.69M
Selling and marketing expenses - - - - -
Gross profit 109.17M 90.84M 75.04M 44.65M 25.53M
Reconciled depreciation 18.42M 16.60M 14.17M 10.46M 10.02M
Ebit 82.83M 71.35M 55.23M 22.92M 7.22M
Ebitda 101.25M 87.95M 69.41M 33.38M 17.23M
Depreciation and amortization 18.42M 16.60M 14.17M 10.46M 10.02M
Non operating income net other - - - - -
Operating income 82.83M 71.35M 55.23M 22.92M 7.22M
Other operating expenses 746.17M 738.23M 618.13M 364.17M 479.67M
Interest expense 0.87M 3.27M 5.20M 1.27M 1.80M
Tax provision 24.90M 19.24M 15.57M 5.22M 1.96M
Interest income 1.10M 0.16M 0.23M 0.23M 0.69M
Net interest income -3.67500M -4.71200M -6.25100M -2.32300M -4.31600M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 24.90M 19.24M 15.57M 5.22M 1.96M
Total revenue 830.87M 809.29M 674.19M 391.87M 488.51M
Total operating expenses 24.48M 19.77M 18.99M 16.95M 16.69M
Cost of revenue 721.70M 718.46M 599.15M 347.22M 462.98M
Total other income expense net -0.25600M -1.36900M -5.03500M -0.15300M 1.77M
Discontinued operations - - - - -
Net income from continuing ops 57.67M 50.74M 34.63M 17.55M 7.03M
Net income applicable to common shares 57.66M 50.76M 34.77M 17.59M 6.08M
Preferred stock and other adjustments - - - - -
Breakdown 2024-06-30 2023-06-30 2022-06-30 2021-06-30 2020-06-30
Type yearly yearly yearly yearly yearly
Date 2024-06-30 2023-06-30 2022-06-30 2021-06-30 2020-06-30
Total assets 910.32M 774.53M 725.66M 636.94M 600.36M
Intangible assets - - - - -
Earning assets - - - - -
Other current assets - - - 1.90M -
Total liab 422.10M 353.66M 354.55M 345.07M 337.29M
Total stockholder equity 488.48M 420.87M 371.39M 292.13M 263.19M
Deferred long term liab - - - - -
Other current liab 170.32M 103.88M 112.82M 150.19M 144.28M
Common stock 29.92M 29.81M 29.81M 29.81M 29.81M
Capital stock 29.92M 29.81M 29.81M 29.81M 29.81M
Retained earnings 286.49M 250.00M 212.55M 171.84M 147.09M
Other liab - 60.87M 54.51M 38.84M 37.53M
Good will 0.01000M 0.01000M 0.01000M 0.01000M 0.01000M
Other assets - 17.23M 18.21M 4.64M 2.90M
Cash 88.46M 70.38M 40.84M 48.17M 27.71M
Cash and equivalents - - - - -
Total current liabilities 242.30M 197.42M 208.68M 201.86M 196.41M
Current deferred revenue - - - - -
Net debt 32.84M - 89.08M 66.58M 88.74M
Short term debt 13.94M 0.00000M 38.56M 10.38M 13.11M
Short long term debt 8.00M 8.00M 28.00M 0.00000M 2.39M
Short long term debt total 121.30M - 129.92M 114.76M 116.45M
Other stockholder equity 172.07M 141.07M 129.04M 90.48M 86.30M
Property plant equipment - 476.30M 448.09M 412.03M 397.80M
Total current assets 358.04M 280.99M 259.35M 220.21M 199.40M
Long term investments - - - - -
Net tangible assets - 420.86M 371.38M 292.12M 263.18M
Short term investments - - - - -
Net receivables 94.09M 208.34M 216.68M 170.13M 169.64M
Long term debt 56.00M 48.50M 46.00M 60.00M 60.00M
Inventory 0.70M 0.68M 0.53M 0.59M 0.62M
Accounts payable 58.04M 45.97M 57.30M 41.29M 39.03M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income - - - - -
Additional paid in capital - - - - -
Common stock total equity - - - - -
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - -0.01000M -0.01000M
Accumulated amortization - - - - -
Non currrent assets other 18.46M - 16.80M 0.06M 0.73M
Deferred long term asset charges - - - - -
Non current assets total 552.28M 493.54M 466.31M 416.73M 400.96M
Capital lease obligations 57.30M 57.34M 55.92M 54.76M 54.06M
Long term debt total - 95.64M 91.36M 104.37M 103.34M
Breakdown 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Type yearly yearly yearly yearly yearly
Date 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Investments 0.08M 0.05M 0.09M -0.42500M -0.42500M
Change to liabilities 4.37M -13.24700M -6.13100M 45.38M -23.03100M
Total cashflows from investing activities -19.37200M -6.51800M -20.40300M -70.28400M -67.40400M
Net borrowings -26.12300M 7.45M -7.37900M -34.13800M 9.47M
Total cash from financing activities -46.32800M -2.58500M -17.40000M -37.86700M 5.84M
Change to operating activities 2.06M 2.77M 4.07M -1.72400M -2.25600M
Net income 82.57M 69.98M 50.20M 22.77M 8.99M
Change in cash 29.54M -7.33100M 20.46M -12.95000M 17.29M
Begin period cash flow 40.84M 48.17M 27.71M 40.66M 23.37M
End period cash flow 70.38M 40.84M 48.17M 27.71M 40.66M
Total cash from operating activities 95.24M 1.77M 58.26M 95.20M 78.86M
Issuance of capital stock - - - - -
Depreciation 18.42M 16.60M 14.17M 10.46M 10.02M
Other cashflows from investing activities 0.51M 0.39M 0.49M 0.09M 0.18M
Dividends paid -20.20500M 10.04M 10.02M 3.73M 3.63M
Change to inventory - - - - -
Change to account receivables 8.35M -46.23900M -2.13800M 8.57M 85.51M
Sale purchase of stock - - - - -
Other cashflows from financing activities 36.88M 146.90M 12.96M 108.71M 345.60M
Change to netincome 4.38M -8.87300M 13.52M 14.92M 2.55M
Capital expenditures 19.88M 6.90M 21.62M 70.04M 68.23M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital 14.79M -56.71500M -4.19700M 52.23M 60.22M
Stock based compensation 1.07M 1.44M 2.04M - -
Other non cash items 6.99M -29.52900M -3.95100M 9.74M -0.36500M
Free cash flow 75.36M -5.13000M 36.65M 25.16M 10.63M

Peer Comparison

Sector: Industrials Industry: Engineering & Construction

Company Change (AUD) Price (AUD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
CVL
Civmec Ltd
-0.015 1.14% 1.30 10.38 11.16 0.66 1.41 0.70 6.42
DOW
Downer Edi Ltd
-0.04 0.73% 5.41 56.50 3.15 0.33 1.84 0.44 9.34
NWH
NRW Holdings Ltd
0.05 1.32% 3.85 16.43 12.35 0.59 2.61 0.61 5.82
MGH
MAAS Group Holdings Ltd
-0.05 1.06% 4.67 21.95 - 1.88 2.50 2.50 11.73
MND
Monadelphous Group Ltd
-0.03 0.22% 13.47 19.65 14.35 0.66 2.83 0.59 8.94

Reports Covered

Stock Research & News

Profile

Civmec Limited, an investment holding company, provides construction and engineering services to the energy, resources, infrastructure, marine, and defense sectors in Australia. It undertakes fabrication projects, such as structural steel, plateworks, tanks, vessels, materials handling equipment, subsea and offshore structures, and pipe spooling services. It offers modularization services; shipbuilding services; site civil works, including earthworks, reinforcing steel works, formworks, detailed civil works, concrete placement, and backfill and compaction to final handover services; and reinforced concrete products comprising prestressed beams, parapets, structural foundations, caissons, floor slabs and retaining walls, suspended slab sections, purpose-built facilities, and breakwater systems. In addition, the company undertakes structural, mechanical, and piping works consisting of structural assembly and erection, mechanical installations and alignments, piping installation and pre-commissioning support, site welding, equipment, and tank construction; and provides electrical, instrumentation, and control services, such as electrical infrastructure works, including substations, switch rooms, switchyards, and site reticulation, as well as electrical maintenance services. Further, it offers industrial insulation services, including sheet metal and light gauge fabrication, fireproofing, site installation, and processing and forming technology; onshore and offshore maintenance services; and access solutions, such as surface treatment, scaffolds, rope access, tension netting, and fabricated platforms, as well as executes refractory projects; and supplies labor. The company was formerly known as Civmec Australia Limited and changed its name to Civmec Limited in September 2024. Civmec Limited was founded in 2009 and is headquartered in Henderson, Australia.

Civmec Ltd

16 Nautical Drive, Henderson, WA, Australia, 6166

Key Executives

Name Title Year Born
Mr. James Finbarr Fitzgerald Exec. Chairman 1964
Mr. Patrick John Tallon CEO & Exec. Director 1970
Mr. Kevin James Deery Acting CFO, COO & Exec. Director 1972
Ms. Lai Yin Chan Company Sec. NA
Mr. James Finbarr Fitzgerald Executive Chairman of the Board 1964
Mr. Patrick John Tallon CEO & Executive Director 1970
Mr. Kevin James Deery Acting CFO, COO & Executive Director 1972
Ms. Lai Yin Chan Company Secretary NA
Mr. James Finbarr Fitzgerald Executive Chairman of the Board 1964
Mr. Patrick John Tallon CEO & Executive Director 1970

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