ARB Corporation Limited (ARB) - Research

$18.960 0.19 (1.01%)

ARB General Information +

ASX Code ARB
Website http://www.arb.com.au
GICS Sub-Industry Auto Parts & Equipment
Market Cap ($M) 1,511
Current Price $18.960
Day High $18.970
Day Low $18.660
Last Close $18.770
Price Movement $0.19 ( 1.01% )
Prices as at 11:00, 19 Jun 2019
+Security prices are delayed by at least 20 minutes and are indicative only.

Recommendation


ARB Corporation Limited (ARB)
BUY
below
HOLD
up to
SELL
above
Current Price
$18.960 as at 11:00, 19 Jun 2019

Price at review
$18.960 on 07 Mar 19

Max Portfolio Weighting

Business Risk

Share Price Risk

ARB Related Research

ARB Company Overview

Business Description

ARB Corporation Limited (ARB) designs, manufactures, distributes and sells four-wheel drive vehicle accessories and light metal engineering works with manufacturing plants in Victoria, Australia and Rayong, Thailand. ARB has a warehouse and sales centre located in Australia, Thailand and USA, as well as distributers in over 100 countries worldwide.

ARB Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2020 F 64.12 80.82 10.00% 23.22 48.00 2.56% 100.0%
2019 F 58.31 73.49 7.80% 25.54 43.00 2.29% 100.0%
2018 A 54.01 68.17 9.80% 27.39 37.00 1.98% 100.0%

ARB 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
ARB Corporation (ARB) $1,467M 0.0362 0.1293 0.0862 28.6025 25.3269 23.3177 2.01% 2.20% 2.42%
GUD Holdings (GUD) $842M 0.0464 0.1024 0.1193 15.3628 13.9362 12.4505 5.34% 5.65% 6.38%

ARB Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.83 25.90 4.91 2.41
Market 0.88 17.10 1.49 1.65
Sector 0.81 14.50 2.25 1.37

ARB Directors

Name Position Start Date
Mr John Robert Forsyth Company Secretary, Non-Executive Director 1 Jan 1987
Mr Andrew Harry Brown Executive Director, Managing Director 1 Jan 1987
Mr Roger George Brown Non-Executive Chairman, Non-Executive Director 1 Jan 1987
Mr Robert Darius Fraser Non-Executive Director 19 Feb 2004
Mr Andrew Peter Stott Non-Executive Director 1 Jul 2006
Mr Adrian Robert Fitzpatrick Non-Executive Director 1 Jul 2016

ARB Substantial Shareholders

Holding Name
7,935,366 (10%) Rogand Pty Ltd
6,072,087 (7.65%) Bennelong Funds Management Group Pty Ltd
6,054,985 (7.63%) Hyperion Asset Management Limited
5,467,690 (6.89%) Pinnacle Investment Management Group Limited

ARB Calendar of Events

Date Event
26 February 2020 Report (Interim)
19 February 2020 Report (Interim)
21 August 2019 Report (Annual)
21 August 2019 Report (Prelim)

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