The Discounted Cash Flow (DCF) valuation of Austin Engineering Ltd (ANG.AX) is 0.54 AUD. With the latest stock price at 0.35 AUD, the upside of Austin Engineering Ltd based on DCF is 54.8%.
Based on the latest price of 0.35 AUD and our DCF valuation, Austin Engineering Ltd (ANG.AX) is a buy. Buying ANG.AX stocks now will result in a potential gain of 54.8%.
Range | Selected | |
WACC / Discount Rate | 7.2% - 10.9% | 9.1% |
Long-term Growth Rate | 0.0% - 1.0% | 0.5% |
Fair Price | 0.42 - 0.75 | 0.54 |
Upside | 20.1% - 115.7% | 54.8% |
(AUD in millions) | Projections | |||||
06-2024 | 06-2025 | 06-2026 | 06-2027 | 06-2028 | 06-2029 | |
Revenue | 313 | 352 | 377 | 390 | 410 | 421 |
% Growth | 21% | 12% | 7% | 3% | 5% | 3% |
Cost of goods sold | (245) | (275) | (295) | (305) | (321) | (330) |
% of Revenue | 78% | 78% | 78% | 78% | 78% | 78% |
Selling, G&A expenses | (7) | (8) | (9) | (9) | (10) | (10) |
% of Revenue | 2% | 2% | 2% | 2% | 2% | 2% |
Research & Development | 0 | 0 | 0 | 0 | 0 | 0 |
% of Revenue | 0% | 0% | 0% | 0% | 0% | 0% |
Net interest & other expenses | (24) | (27) | (29) | (30) | (32) | (33) |
% of Revenue | 8% | 8% | 8% | 8% | 8% | 8% |
Tax expense | (7) | (10) | (11) | (11) | (11) | (12) |
Tax rate | 18% | 24% | 24% | 24% | 24% | 24% |
Net profit | 30 | 31 | 33 | 35 | 36 | 37 |
% Margin | 9% | 9% | 9% | 9% | 9% | 9% |