Adelaide Brighton Limited (ABC) - Research

$4.170

ABC General Information +

ASX Code ABC
Website http://www.adbri.com.au
GICS Sub-Industry Construction Materials
Market Cap ($M) 2,723
Current Price $4.170
Day High $4.215
Day Low $4.150
Last Close $4.170
Price Movement - ( No change )
Prices as at 16:40, 18 Jul 2019
+Security prices are delayed by at least 20 minutes and are indicative only.

Recommendation


Adelaide Brighton Limited (ABC)
BUY
below
HOLD
up to
SELL
above
Current Price
$4.170 as at 16:40, 18 Jul 2019

Price at review
$4.170 on 15 May 19

Max Portfolio Weighting

Business Risk

Share Price Risk

ABC Related Research

ABC Company Overview

Business Description

Adelaide Brighton Limited (ABC) is an integrated construction material and lime producing group of companies focused on the construction, engineering, infrastructure and resource sectors in Australia. ABC has three main operating divisions being: Cement, Lime, Concrete and Aggregates and Concrete Masonry Products.

ABC Financial Summary

Year to Dec NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2020 F 204.84 31.41 14.60% 13.28 23.56 5.65% 100.0%
2019 F 178.79 27.41 1.00% 15.21 20.56 4.93% 100.0%
2018 A 177.00 27.14 4.80% 23.11 20.00 3.19% 100.0%

ABC Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2018 A 2019 F 2020 F 2018 A 2019 F 2020 F 2018 A 2019 F 2020 F
Adelaide Brighton (ABC) $2,731M 0.0658 -0.1134 0.0533 14.4483 16.2972 15.4727 6.68% 4.70% 4.94%
Brickworks (BKW) $2,507M 0.0377 0.3780 -0.4278 12.2431 8.8849 15.5273 3.23% 3.23% 3.23%
Boral (BLD) $6,354M 0.1489 -0.0076 0.0353 13.6696 13.7738 13.3039 4.89% 4.91% 5.04%
Fletcher Building (FBU) $4,088M 0.0000 0.0000 -0.1092 0.0000 11.4156 12.8143 0.00% 6.24% 5.70%
James Hardie (JHX) $8,262M 0.5407 0.3017 0.1108 23.8113 18.2922 16.4683 2.72% 2.86% 3.28%

ABC Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.64 15.30 2.18 0.00
Market 0.94 16.90 1.54 1.39
Sector 1.54 12.80 1.26 0.54

ABC Directors

Name Position Start Date
Mr Kenneth Bruce Scott-Mackenzie Non-Executive Director 26 Jul 2010
Dr Vanessa Ann Guthrie Non-Executive Director 8 Feb 2018
Ms Arlene May Tansey Non-Executive Director 5 Apr 2011
Mr Geoffrey Robert Tarrant Non-Executive Director 8 Feb 2018
Ms Rhonda Barro Non-Executive Director 10 May 2019
Mr Raymond David Barro Non-Executive Director, Non-Executive Chairman 19 Aug 2008
Mr Zlatko Todorcevski Non-Executive Director, Non-Executive Deputy Chairman 22 Mar 2017

ABC Management

Name Position
Nick Miller Chief Executive Officer
Luba Alexander Corporate Affairs Adviser,Company Secretary
BD Lemmon Executive General Manager, Cement and Lime
BW Brown Executive General Manager, Concrete and Aggregates
AL Dell Executive General Manager, Concrete Products
Marcus Clayton General Counsel,Company Secretary

ABC Substantial Shareholders

Holding Name
279,710,424 (43%) Barro Properties Pty Ltd

ABC Calendar of Events

Date Event
08 April 2020 Report (Annual)
27 February 2020 Report (Prelim)
21 August 2019 Report (Interim)

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