Ausdrill Limited (ASL) - Research

$1.880 0.075 (4.16%)

ASL General Information +

ASX Code ASL
Website http://www.ausdrill.com.au
GICS Sub-Industry Diversified Metals & Mining
Market Cap ($M) 1,289
Current Price $1.880
Day High $1.885
Day Low $1.790
Last Close $1.805
Price Movement $0.08 ( 4.16% )
Prices as at 16:40, 27 Jun 2019
+Security prices are delayed by at least 20 minutes and are indicative only.

Recommendation


Ausdrill Limited (ASL)
BUY
below
HOLD
up to
SELL
above
Current Price
$1.880 as at 16:40, 27 Jun 2019

Price at review
$1.880 on 29 Mar 19

Business Risk

Share Price Risk

ASL Related Research

ASL Company Overview

Business Description

Ausdrill Limited (ASL) is a diversified mining services company with key operations in Australia and Africa. The offered services include drill and blast, grade control, water well drilling and equipment sales, hire and parts. In addition, Ausdrill provides load and haul and crusher feed services as well as specialist underground mining services in Africa. The Australian operations are primarily based in Western Australia and the African operations are primarily located in Ghana.

ASL Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2018 A 52.51 14.00 61.50% 16.20 6.70 3.00% 71.4%
2017 A 29.23 8.70 4.20% 15.00 3.80 2.90% 100.0%
2016 A 27.86 8.30 1,201.60% 4.10 0.00 0.00% 0.0%

ASL Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2016 A 2017 A 2018 A 2016 A 2017 A 2018 A 2016 A 2017 A 2018 A
Ausdrill (ASL) $1,245M 0.6152 0.0000 0.0000 12.9458 0.0000 0.0000 3.69% 0.00% 0.00%
BHP Group (BHP) $121,487M 0.4448 0.0680 0.1693 16.5238 15.4712 13.2307 3.87% 6.27% 5.45%
Iluka Resources (ILU) $4,555M 2.7345 0.1520 -0.1263 13.8846 12.0528 13.7958 2.69% 2.45% 2.81%
Rio Tinto (RIO) $38,005M 0.1465 0.3446 -0.1417 14.2187 10.5749 12.3202 7.61% 6.62% 5.61%
South32 (S32) $16,165M 0.2485 0.0768 -0.2397 8.6489 8.0319 10.5643 4.41% 5.84% 5.44%

ASL Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.00 12.90 0.88 0.00
Market 0.87 17.10 1.49 1.63
Sector 1.44 12.70 1.23 0.76

ASL Directors

Name Position Start Date
Mr Mark Norwell Chief Executive Officer, Managing Director 17 Sep 2018
Mr Terrence John Strapp Non-Executive Director 21 Jul 2005
Mr Robert (Bob) James Cole Non-Executive Director 14 Jul 2018
Mr Keith Gordon Non-Executive Director 1 Nov 2018
Mr Mark Andrew Hine Non-Executive Director 24 Feb 2015
Ms Alexandra (Alex) Atkins Non-Executive Director 14 Jul 2018
Mr Ian Howard Cochrane Non-Executive Director, Non-Executive Chairman 23 Nov 2015

ASL Management

Name Position
J Kavanagh Chief Operating Officer - African Operations
A G Broad Chief Operating Officer - Australian Operations
Efstratios (Strati) Gregoriadis Company Secretary,Group General Counsel
R J Coates Executive General Manager - Australian Mining Operations
D James Executive General Manager - Equipment Services and Supplies

ASL Substantial Shareholders

Holding Name
27,908,079 (7.71%) FMR LLC
19,258,655 (5.32%) Pendal Group Limited
18,156,560 (5.01%) UBS Group AG

ASL Calendar of Events

Date Event
20 February 2020 Report (Interim)
14 August 2019 Report (Annual)
14 August 2019 Report (Prelim)

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