Emeco Holdings Limited chart

Last update: 2021-02-19
Key statistics and financials
Revenue per share 1.41
Dividend & Yield0.03$ (2.79%)
Beta 1.97
Market capitalization 487.17M
Operating cash flow 221.15M
ESG Scores unknown

Company description

Emeco Holdings Limited provides heavy earthmoving equipment and mining service solutions in Australia. The company rents trucks, excavators, dozers, loaders, and graders. It is also involved in the maintenance and remanufacturing of various components of heavy earthmoving equipment; mechanical and boilermaker repair services; and sandblasting and painting services. The company was founded in 1972 and is headquartered in Perth, Australia.

Sector: Industrials - Industry: Rental & Leasing Services

Financial Ratios
Quick Ratio1.42
Working Capital0.26
Return On Equity0.04
Debt To Equity0.47
Fixed Asset Ratio0
Fixed Interest Cover2.95

Financial data

Financial Statements

Cashflow Statement 2019-06-30 2020-06-30 2021-06-30 2022-06-30
Change To Liabilities 2.14M -7.77M 33.11M 33.23M
Total Cashflows From Investing Activities -251.02M -169.85M -149.56M -169.87M
Net Borrowings -52.42M 86.64M -306.37M -12.93M
Total Cash From Financing Activities -53.72M 149.82M -179.47M -65.69M
Change To Operating Activities 276k 1.23M 1.32M 2.7M
Issuance Of Stock 63.19M 63.19M 146.1M
Net Income 33.96M 66.13M 20.7M 64.95M
Change In Cash -135.24M 161.98M -123.44M -14.57M
Effect Of Exchange Rate 36k 34k -31k -154k
Total Cash From Operating Activities 169.46M 181.97M 205.62M 221.15M
Depreciation 89.34M 114.09M 117.68M 128.53M
Change To Account Receivables 9.96M -5.4M -10.43M -33.41M
Other Cashflows From Financing Activities -1.3M -18.01M -18.01M -22.07M
Change To Netincome 29.88M 16.62M 37.36M 29.23M
Capital Expenditures -180.51M -118.83M -153.55M -170.42M

Income Statement 2019-06-30 2020-06-30 2021-06-30 2022-06-30
Research Development
Income Before Tax 33.67M 55.19M 29.59M 90.68M
Net Income 33.96M 66.13M 20.7M 64.95M
Selling General Administrative 58.5M 64.87M 100.44M 142.41M
Gross Profit 268.88M 338.45M 375.65M 437.83M
Ebit 103.42M 117.24M 110.4M 118.58M
Operating Income 103.42M 117.24M 110.4M 118.58M
Interest Expense -50.22M -52.07M -37.39M -22.71M
Income Tax Expense -10.95M 8.9M 25.73M
Total Revenue 464.49M 540.43M 620.53M 754.37M
Cost Of Revenue 195.61M 201.98M 244.87M 316.54M
Total Other Income ExpenseNet -69.74M -62.05M -80.8M -27.9M
Net Income From Continuing Ops 33.67M 66.13M 20.7M 64.95M
Net Income Applicable To Common Shares 33.96M 66.13M 20.7M 64.95M

Balance Sheet Statement 2019-06-30 2020-06-30 2021-06-30 2022-06-30
Total Liabilities 570.59M 731.35M 434.14M 458.19M
Total Stockholder Equity 198.08M 357.25M 531.41M 567.22M
Other Current Liabilities 47.66M 34.55M 52.81M 58.6M
Total Assets 768.67M 1.09B 965.54M 1.03B
Common Stock 1.01B 1.1B 1.25B 1.23B
Other Current Assets 2.91M 3.19M 2.79M 4.09M
Retained Earnings -734.51M -668.38M -647.68M -596.22M
Treasury Stock -74.5M -74.71M -68.25M -68.3M
Cash 36.19M 198.17M 74.72M 60.16M
Total Current Liabilities 106.27M 233.74M 147.67M 169.29M
Other Stockholder Equity -25.5M -35.12M -29.96M -32.83M
Property, Plant, and Equipment 579.67M 673.3M 702.08M 758.99M
Total Current Assets 137.42M 333.19M 228.64M 255.45M
Net Tangible Assets 189M 346.99M 521.08M 556.25M
Net Receivables 87.26M 113.79M 127.4M 162.34M
Accounts Payable 28.8M 46.75M 55.21M 75.36M


Insider Transactions

Here are the insider transactions of stock shares related to Emeco Holdings Limited:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Testrow (Ian M)D2022-08-18Chief Executive Officer1M
Testrow (Ian M)D2021-08-19Chief Executive Officer1M
Testrow (Ian M)Sale at price 0.88 per share.D2021-08-19Chief Executive Officer577.24k
Pham (Thao)D2021-06-30Divisional Officer23.49k
Kane (Peter)Purchase at price 0.72 per share.D2021-03-24Director (Non-Executive)10.29k
Skinner (Keith William)Purchase at price 0.86 per share.D2021-02-10Director (Non-Executive)22.3k
Richards (Peter Ian)Other at price 0.61 per share.D2020-09-22Chairman of the Board3.56k
Testrow (Ian M)D2020-07-28Chief Executive Officer13.65k
Pham (Thao)D2020-06-30Divisional Officer2.54M
Testrow (Ian M)D2020-04-01Chief Executive Officer10.87M
Testrow (Ian M)D2020-03-31Chief Executive Officer825k
Richards (Peter Ian)D2020-02-21Chairman of the Board663
Testrow (Ian M)Sale at price 1.54 per share.D2020-02-19Chief Executive Officer1.5M
Testrow (Ian M)D2019-10-25Chief Executive Officer1.5M
Testrow (Ian M)Purchase at price 1.81 per share.D2018-11-23Chief Executive Officer15.98k
Testrow (Ian M)Other at price 0.26 per share.D2018-08-28Chief Executive Officer13.87M
Testrow (Ian M)Other at price 0.26 per share.D2018-08-23Chief Executive Officer13.02M
Lea (Justine)D2018-06-30Chief Financial Officer1.22k
Richards (Peter Ian)Other at price 0.19 per share.D2018-05-25Chairman of the Board7.75k
Testrow (Ian M)Other at price 0.19 per share.D2018-05-25Chief Executive Officer91.76k
Richards (Peter Ian)Other at price 0.16 per share.D2017-11-27Chairman of the Board8.17k
Pham (Thao)D2017-06-30Divisional Officer78.24k
Lea (Justine)D2017-06-30Chief Financial Officer4k
Richards (Peter Ian)Other at price 0.08 per share.D2017-04-19Chairman of the Board12.26k
Selby (Kalien)D2016-06-30Former35.1k
Jenner (Stuart)D2016-06-30Former35.1k
Brennan (Alexander Norman)D2016-04-22Former1.58M
Testrow (Ian M)Sale at price 0.58 per share.D2015-09-08Chief Executive Officer300k
Testrow (Ian M)D2015-08-20Chief Executive Officer307.01k
Hawkins (Gregory Paul)D2015-08-20Director (Executive)395.24k
Stubbs (Grant)D2015-06-30Former42.34k
Testrow (Ian M)D2015-06-30Chief Executive Officer264.9k
Lewsey (Kenneth Roy)Purchase at price 0.11 per share.D2015-03-13Chief Executive Officer300k
Lewsey (Kenneth Roy)D2014-11-28Chief Executive Officer313.69k
Lewsey (Kenneth Roy)Purchase at price 20.09 per share.D2014-09-03Chief Executive Officer100k
Stubbs (Grant)D2014-06-30General Manager22.4k
Testrow (Ian M)D2014-06-30Chief Operating Officer123.17k
Bishop (Robert P)D2014-06-30Former789k
Brennan (Alexander Norman)D2014-06-30Chairman of the Board500k
Gobby (Stephen G)D2014-06-30Former1.26k
Halls (Anthony G)D2014-06-30Former267.6k
Lewsey (Kenneth Roy)Purchase at price 0.24 per share.D2014-03-28Chief Executive Officer100k
Bishop (Robert P)Purchase at price 0.21 per share.D2013-11-22Director (Independent)222.4k
Brennan (Alexander Norman)Purchase at price 0.21 per share.D2013-11-22Chairman of the Board500k
Lewsey (Kenneth Roy)Purchase at price 0.21 per share.D2013-11-22Chief Executive Officer215k
Gobby (Stephen G)D2013-06-30Chief Financial Officer164.75k
Halls (Anthony G)D2013-06-30Divisional Officer95.79k
Mossman (Christopher)D2013-06-30Former184.17k
Turner (Michael Anthony)D2013-06-30Former3.19M
Smyth (Erica Lee)Purchase at price 0.52 per share.D2012-11-26Director (Non-Executive)60k
Bishop (Robert P)Purchase at price 0.52 per share.D2012-11-26Director (Independent)150k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Emeco Holdings Limited. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Emeco Holdings Limited

Here is the result of two systematic investment strategies applied to Emeco Holdings Limited. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Emeco Holdings Limited

The following chart shows the equity curve of the two systematic investment strategies applied to Emeco Holdings Limited:

Emeco Holdings Limited automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -32.28% on the backtest period.

Performance at glance

Performance

-32.28 %

Latent gain

-726.35 $

Invested capital

2250.17 $

Annualized return

-7.87 %
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Momentum strategy results on Emeco Holdings Limited

This is the result of two momentum investment strategies applied to Emeco Holdings Limited. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Emeco Holdings Limited

The following chart shows all the entries opened by the momentum investment system on Emeco Holdings Limited:

Emeco Holdings Limited momentum entries
  • The first momentum investment strategy would give -32.58% of return on Emeco Holdings Limited. That represents -1711.18$ of latent gain with 5251.5$ of employed capital.
  • The second momentum investment strategy would give -38.69% of return on Emeco Holdings Limited. That represents -1837.57$ of latent gain with 4748.96$ of employed capital.
Performance at glance (1Q Momentum)

Performance

-32.58 %

Latent gain

-1711.18 $

Invested capital

5251.5 $

Annualized return

-21.73 %
Performance at glance (2Q Momentum)

Performance

-38.69 %

Latent gain

-1837.57 $

Invested capital

4748.96 $

Annualized return

-10.69 %

Momentum equity curve on Emeco Holdings Limited

The following chart shows the equity curve of the two momentum strategies applied to Emeco Holdings Limited:

Emeco Holdings Limited momentum equity

Note: the dividends potentially given by Emeco Holdings Limited are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Emeco Holdings Limited

The following chart shows the employed capital evolution of the two momentum strategies on Emeco Holdings Limited since the beginning:

Emeco Holdings Limited

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Emeco Holdings Limited

Buy the dip entry openings on Emeco Holdings Limited

Emeco Holdings Limited

The performance achieved by the robo-advisor on Emeco Holdings Limited is -45.63%. That represents -342.11$ of latent gain with 749.77$ of employed capital. The following chart shows Emeco Holdings Limited stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Emeco Holdings Limited, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

-45.63 %

Latent gain

-342.11 $

Invested capital

749.77 $

Annualized return

-21.73 %

Equity curve of the strategy applied to Emeco Holdings Limited

The following chart shows the result of the investment strategy applied to Emeco Holdings Limited:

Emeco Holdings Limited

Note: the dividends potentially given by Emeco Holdings Limited are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Emeco Holdings Limited

The following chart shows the employed capital evolution since the beginning of the investment strategy on Emeco Holdings Limited:

Emeco Holdings Limited

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Emeco Holdings Limited

In this section, I will compare the three previous investment strategies applied to Emeco Holdings Limited.

Equity curve comparison on Emeco Holdings Limited

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Emeco Holdings Limited investment strategy comparison

Employed capital comparison on Emeco Holdings Limited

Emeco Holdings Limited investment comparison

Performance comparison on Emeco Holdings Limited

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -32.28% -726.35$ 2250.17$ -7.87%
Momentum 1 quarter -32.58% -1711.18$ 5251.5$ -8.44%
Momentum 2 quarters -38.69% -1837.57$ 4748.96$ -10.69%
Non-directional -45.63% -342.11$ 749.77$ -21.73%
Annualized return comparison

Automatic investment

-7.87 %

Momentum 1Q

-10.69 %

Momentum 2Q

-10.69 %

Non-directional

-21.73 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Emeco Holdings Limited:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between Emeco Holdings Limited and the other stocks. There may be false positives or some missing correlated stocks. If the price of Emeco Holdings Limited does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name Emeco Holdings Limited
Country Australia
City Perth
Address 133 Hasler Road
Phone 61 8 9420 0222
Website www.emecogroup.com
FullTime employees 1400
Industry Rental & Leasing Services
Sector Industrials
Exchange XASX
Ticker EHL.XASX
Market www2.asx.com.au

Emeco Holdings Limited ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown