Fleetwood Corporation Limited (FWD) - Research

$1.845

FWD General Information +

ASX Code FWD
Website http://www.fleetwoodcorporation.com.au
GICS Sub-Industry Homebuilding
Market Cap ($M) 174
Current Price $1.845
Day High $1.850
Day Low $1.840
Last Close $1.845
Price Movement - ( No change )
Prices as at 12:50, 19 Jun 2019
+Security prices are delayed by at least 20 minutes and are indicative only.

Recommendation


Fleetwood Corporation Limited (FWD)
BUY
below
HOLD
up to
SELL
above
Current Price
$1.845 as at 12:50, 19 Jun 2019

Price at review
$1.845 on 29 Mar 19

Business Risk

Share Price Risk

FWD Related Research

FWD Company Overview

Business Description

Fleetwood Corporation Limited (FWD) is an Australian company that is a provider of accommodation solutions and recreational vehicles, parts and accessories. FWD is involved in the manufacture and distribution of parts and accessories and the design, manufacture, sale and rental of manufacture accommodation. FWD has three main operating segments being: Village Operations, Parts & Accessories and Modular Accommodation.

FWD Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2020 F 0.00 19.80 -9.20% 9.30 5.00 2.70% 0.0%
2019 F 0.00 21.80 12.60% 8.50 5.00 2.70% 0.0%
2018 A 12.20 19.30 29.00% 13.20 1.00 0.40% 100.0%

FWD 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
Fleetwood Corp. (FWD) $174M 0.2902 0.1256 -0.0923 9.5140 8.4520 9.3117 0.53% 2.72% 2.72%

FWD Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.35 8.51 0.65 7.88
Market 0.88 17.10 1.49 1.65
Sector 1.00 8.51 1.07 5.12

FWD Directors

Name Position Start Date
Mr Bradely (Brad) Denison Chief Executive Officer, Managing Director 1 Aug 2014
Mr Phillip Ashley Campbell Non-Executive Chairman, Non-Executive Director 12 Aug 2016
Mr Mark Southey Non-Executive Director 10 Oct 2018
Mr Jeffrey (Jeff) Phillip Dowling Non-Executive Director 1 Jul 2017
Ms Adrienne Parker Non-Executive Director 23 Aug 2017

FWD Management

Name Position
Jarrod Waring Chief Executive Officer, Modular Accommodation
Manny Larre Chief Executive Officer, Parts and Accessories
Andrew Wackett Chief Financial Officer,Joint Company Secretary
Elizabeth Maynard Company Secretary,General Counsel
Dominic Letts Executive General Manager, Village Operations

FWD Substantial Shareholders

Holding Name
20,672,353 (21.86%) HSBC Custody Nominees (Australia) Limited
14,243,925 (15.06%) National Nominees Limited
8,818,244 (9.33%) Tate, Greg
8,167,733 (8.64%) J P Morgan Nominees Australia Limited
7,745,371 (8.19%) Citicorp Nominees Pty Limited

FWD Calendar of Events

Date Event
24 February 2020 Report (Interim)
25 October 2019 Report (Annual)
26 August 2019 Report (Prelim)

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