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General Information

Euroz Limited
EZL
http://www.euroz.com
Investment Banking & Brokerage
154
154

Current Price Data+

Current Price Open High Low Last Close Volume Price Movement
$1.00 $1.00 $1.00 $1.00 $1.00 19000 - ( No change )
  • +Security prices are delayed by least 20 minutes and are indicative only.

Company Overview

Business Description
Euroz Limited (EZL) is a specialist financial services company, providing stock broking services, corporate finance and funds management. EZL operates its primary business activities in Western Australian through two wholly owned subsidiaries; Euroz Securities Limited and Westoz Funds Management Pty Ltd.
Strategy Analysis
EZL's strategy is centered on incremental improvements through the expansion of key business units. These businesses are interdependent, with focus on specific market niches and provide positive synergies across the entire group. Westoz Funds Management has a medium to long term strategy that looks to leveraging specialised services and experience within the Western Australian capital market. Revenues are expected to be generated through fees based on funds under management and performance strategies. Retail investors may gain access to these portfolios via Westoz Investment Company Limited and Ozgrowth Limited. Euroz reported NPAT of $10.34m for the half-year ended 31 December 2012. Revenues from ordinary activities were $31.95m, up 29.84% from last year. Diluted EPS was 7.14 cents compared to 1.87 cents last year. Net operating cash flow was $5.67m compared to $7.43m last year. The interim dividend declared was 1.5 cents, compared with 1.5 cents last year.

Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2014 A 26.5 18.3 383.3% 6.4 10.8 9.1% 100.0%
2013 A 5.5 3.8 -48.6% 28.6 6.5 6.0% 100.0%
2012 A 10.7 7.4 -54.2% 18.6 8.0 5.9% 100.0%

Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2012 A 2013 F 2014 F 2012 A 2013 F 2014 F 2012 A 2013 F 2014 F
Euroz (EZL) $159M 3.8333 0.0000 0.0000 5.6377 0.0000 0.0000 10.44% 0.00% 0.00%
Macquarie Group (MQG) $27,532M 0.3239 0.0804 0.0794 17.0487 15.7794 14.6186 4.00% 4.35% 4.73%

Financial Summary

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.00 5.47 1.25 0.00
Market 0.92 16.30 1.32 1.30
Sector 1.06 13.70 1.10 1.11

Directors

Name Position Start Date
Mr Andrew McKenzie Executive Chairman 20/11/2000
Mr Jay Evan Dale Hughes Executive Director 20/11/2000
Mr Doug Young Executive Director 09/02/2011
Mr Greg Chessell Executive Director 09/02/2011
Mr Russell Kane Non-Executive Director 05/11/2013
Mr Simon Yeo Non-Executive Director 05/11/2013

Management

Name Position
Chris Webster Company Secretary
Robert Black Director - Euroz Securities Limited
Anthony Brittain Director - Euroz Securities Limited
Phil Rees Director - Westoz Funds Management Pty Ltd

Substantial Shareholders

Holding Name
0 (0%) Not Disclosed in Annual Report

Calendar of Events

Date Event
25 February 2016 Report (Interim)
15 October 2015 Report (Annual)
28 August 2015 Report (Prelim)
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