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VEE · ASX

Veem Ltd (ASX:VEE)

AU$1.61

 -0.01 (-0.617%)
ASX:Live
06/09/2024 04:10:33 PM
HALO Ords GROWTH AUS EMA 125 Breakdown Consensus Cheap All-Consensus +1
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VEE Overview

VEE Health Scores

Short Term

Mean Reversion

Neutral

Trend

Neutral

Event

Neutral

Halo Model

MQV

Weak

GARP

Strong

MQV Small

Neutral

Valuation

Value

Consensus

Momentum

Price

Strong

Earnings

Weak

Growth

Earnings

Strong

Dividends

Weak

Quality

Capital Efficiency

Weak

Balance Sheet

Strong

About VEE

Website

Veem Ltd

Telephone

61.8.9455.9355

Address

22 Baile Road Canning Vale, Western Australia (WA) 6155

Description

Veem Ltd. engages in the provision of stabilization systems and propulsion products and services to marine, defence, and mining industries. The company was founded by Voyka Miocevich and Elizabeth Elsie Miocevich in 1968 and is headquartered in Canning Vale, Australia.

VEE Price Chart

Key Stats

Market Cap

AU$220.63M

PE

36.20

EV/EBITDA

17.9

Dividends Overview

DIV Yield

.8%

Franking

N/A

Ex Dividend Date (est.)

N/A

Market Data

52 weeks range

Low 0.5 - 2.02

Trade Value (12mth)

AU$50,270.00

1 week

-4.99%

1 month

-4.71%

YTD

47.27%

1 year

149.23%

All time high

2.02

Key Fundamentals

EPS 3 yr Growth

36.20%

EBITDA Margin

18.40%

Operating Cashflow

$8m

Free Cash Flow Return

12.30%

ROIC

10.20%

Interest Coverage

10.60

Quick Ratio

0.90

Other Data

Shares on Issue (Fully Dilluted)

136m

HALO Sector

Industrials

Next Company Report Date

20-Aug-25

Ex Dividend Date (est.)

N/A

Next Dividend Pay Date (est.)

N/A

Reporting Currency

AUD

Short Sell (% of issue)

0.00

VEE Announcements

Latest Announcements

Date Announcements

23 August 24

Issue of Incentive Performance Rights

×

Issue of Incentive Performance Rights

23 August 24

Notification regarding unquoted securities - VEE

×

Notification regarding unquoted securities - VEE

23 August 24

Notification of cessation of securities - VEE

×

Notification of cessation of securities - VEE

23 August 24

Notification of cessation of securities - VEE

×

Notification of cessation of securities - VEE

22 August 24

FY24 Financial Statements and Appendix 4E

×

FY24 Financial Statements and Appendix 4E

22 August 24

Dividend/Distribution - VEE

×

Dividend/Distribution - VEE

22 August 24

FY24 Results Presentation - VEEM Delivers Record Result

×

FY24 Results Presentation - VEEM Delivers Record Result

22 August 24

FY24 Results Announcement - VEEM Delivers Record Result

×

FY24 Results Announcement - VEEM Delivers Record Result

09 August 24

Notification of FY24 Results Reporting Date and Webinar

×

Notification of FY24 Results Reporting Date and Webinar

16 July 24

Change in substantial holding

×

Change in substantial holding

01 July 24

Change of Director's Interest Notice - A Murnaghan

×

Change of Director's Interest Notice - A Murnaghan

01 July 24

Final Director's Interest Notice - I Barsden

×

Final Director's Interest Notice - I Barsden

27 June 24

Executive Appointments - CEO and CFO & Company Secretary

×

Executive Appointments - CEO and CFO & Company Secretary

19 June 24

Investor Presentation - Euroz Hartleys Industrials Forum

×

Investor Presentation - Euroz Hartleys Industrials Forum

14 June 24

Change in substantial holding

×

Change in substantial holding

07 June 24

Board Changes - A Murnaghan Appointed, I Barsden Retires

×

Board Changes - A Murnaghan Appointed, I Barsden Retires

07 June 24

Initial Director's Interest Notice Appendix 3X - A Murnaghan

×

Initial Director's Interest Notice Appendix 3X - A Murnaghan

24 May 24

Investor Presentation - ShareCafe Hidden Gems Webinar

×

Investor Presentation - ShareCafe Hidden Gems Webinar

23 May 24

Investor Webinar Notification - ShareCafe Hidden Gems

×

Investor Webinar Notification - ShareCafe Hidden Gems

13 May 24

Change in substantial holding

×

Change in substantial holding

03 May 24

Change in substantial holding

×

Change in substantial holding

01 May 24

Application for quotation of securities - VEE

×

Application for quotation of securities - VEE

29 April 24

Acceptance of Sharrow Propeller Performance Results

×

Acceptance of Sharrow Propeller Performance Results

27 March 24

Presentation - ASX Small & Mid-Cap Conference

×

Presentation - ASX Small & Mid-Cap Conference

27 February 24

Change in substantial holding

×

Change in substantial holding

VEE Fundamentals

Per Share Records

Historical data

Forecast data

AUD 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027
Per Share, Growth & Valuations
EPS (Basic) $ Lock Lock Lock Lock 0.01 0.03 0.05 Lock Lock Lock
EPS (Fully Diluted) $ Lock Lock Lock Lock 0.01 0.03 0.05 Lock Lock Lock
     Growth % Lock Lock Lock Lock -75.4 225.8 70.0 Lock Lock Lock
     PE X Lock Lock Lock Lock 59.1 20.5 36.2 Lock Lock Lock
     EV/EBITDA X Lock Lock Lock Lock 12.9 7.9 17.9 Lock Lock Lock
CFPS $ Lock Lock Lock Lock 0.04 0.06 0.09 Lock Lock Lock
FCFPS $ Lock Lock Lock Lock -0.00 0.03 0.04 Lock Lock Lock
     Growth % Lock Lock Lock Lock -50.6 63.9 48.6 Lock Lock Lock
     Yield % Lock Lock Lock Lock -0.1 6.5 2.2 Lock Lock Lock
DPS $ Lock Lock Lock Lock 0.00 0.01 0.02 Lock Lock Lock
     Growth % Lock Lock Lock Lock -68.2 225.0 69.2 Lock Lock Lock
     Yield % Lock Lock Lock Lock 0.5 1.4 0.8 Lock Lock Lock
     Payout Ratio % Lock Lock Lock Lock 30 30 30 Lock Lock Lock
BPS $ Lock Lock Lock Lock 0.32 0.34 0.39 Lock Lock Lock
BPS (Tangible) $ Lock Lock Lock Lock 0.19 0.19 0.22 Lock Lock Lock
     Growth % Lock Lock Lock Lock 17.0 1.0 17.7 Lock Lock Lock
Shares Outstanding
Diluted m Lock Lock Lock Lock 136 136 136 Lock Lock Lock
Basic m Lock Lock Lock Lock 136 136 136 Lock Lock Lock

Financial Records

Historical data

Forecast data

AUD 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027
Income Statement
Sales $m Lock Lock Lock Lock 54 60 81 Lock Lock Lock
     Growth % Lock Lock Lock Lock -8.8 9.8 35.3 Lock Lock Lock
Selling & General Expenses $m Lock Lock Lock Lock 5 5 6 Lock Lock Lock
Gross Income $m Lock Lock Lock Lock 7 10 16 Lock Lock Lock
     Growth % Lock Lock Lock Lock -34.0 56.7 53.8 Lock Lock Lock
     Margin % Lock Lock Lock Lock 12.1 17.2 19.6 Lock Lock Lock
Cost of Goods Sold to Sales % Lock Lock Lock Lock 88 83 80 Lock Lock Lock
EBITDA $m Lock Lock Lock Lock 6 9 15 Lock Lock Lock
     Growth % Lock Lock Lock Lock -33.9 54.7 60.6 Lock Lock Lock
     Margin % Lock Lock Lock Lock 11.0 15.5 18.4 Lock Lock Lock
Depreciation & Amortisation $m Lock Lock Lock Lock 4 4 5 Lock Lock Lock
EBIT $m Lock Lock Lock Lock 2 5 9 Lock Lock Lock
     Growth % Lock Lock Lock Lock -63.9 164.7 83.7 Lock Lock Lock
     Margin % Lock Lock Lock Lock 3.6 8.7 11.8 Lock Lock Lock
Pretax Income $m Lock Lock Lock Lock 1 5 8 Lock Lock Lock
Income Taxes $m Lock Lock Lock Lock 0 1 1 Lock Lock Lock
Net Income $m Lock Lock Lock Lock 1 4 7 Lock Lock Lock
     Growth % Lock Lock Lock Lock -74.2 224.9 69.9 Lock Lock Lock
     Margin % Lock Lock Lock Lock 2.3 6.9 8.7 Lock Lock Lock
Cash Flow Statement
Net Operating Cash Flow $m Lock Lock Lock Lock 3 6 8 Lock Lock Lock
Capital Expenditures $m Lock Lock Lock Lock 5 5 3 Lock Lock Lock
Net Investing Cash Flow $m Lock Lock Lock Lock -5 -5 -3 Lock Lock Lock
Net Financing Cash Flow $m Lock Lock Lock Lock 3 -1 -7 Lock Lock Lock
Free Cash Flow $m Lock Lock Lock Lock 1 4 7 Lock Lock Lock
     Growth % Lock Lock Lock Lock -89.0 610.8 62.6 Lock Lock Lock
     Margin % Lock Lock Lock Lock 0.0 0.1 0.1 Lock Lock Lock
Franking Balance $m Lock Lock Lock Lock 0 0 0 Lock Lock Lock
Balance Sheet
Cash & Short-Term Investments $m Lock Lock Lock Lock 3 2 0 Lock Lock Lock
Total Assets $m Lock Lock Lock Lock 81 92 94 Lock Lock Lock
Long Term Debt $m Lock Lock Lock Lock 19 20 17 Lock Lock Lock
Net Debt $m Lock Lock Lock Lock 19 24 22 Lock Lock Lock
Total Liabilities $m Lock Lock Lock Lock 37 45 42 Lock Lock Lock
Equity $m Lock Lock Lock Lock 44 47 52 Lock Lock Lock
Invested Capital Lock Lock Lock Lock 62 67 70 Lock Lock Lock
     Growth % Lock Lock Lock Lock 15.8 6.9 4.5 Lock Lock Lock
Return Ratios
Return on Assets % Lock Lock Lock Lock 1.6 4.5 7.4 Lock Lock Lock
Return on Equity % Lock Lock Lock Lock 2.9 8.8 13.4 Lock Lock Lock
Return on Total Capital % Lock Lock Lock Lock 3.2 7.5 12.9 Lock Lock Lock
Return on Invested Capital % Lock Lock Lock Lock 2.2 6.4 10.2 Lock Lock Lock
Cash Flow Return on Invested Capital % Lock Lock Lock Lock 4.3 9.5 12.3 Lock Lock Lock

Ratios Records

Historical data

Forecast data

AUD 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027
Leverage
Interest Cover X Lock Lock Lock Lock 8.4 8.8 10.6 Lock Lock Lock
Debt to EBITDA X Lock Lock Lock Lock 3.2 2.6 1.5 Lock Lock Lock
Net Debt to Equity % Lock Lock Lock Lock 43.7 50.7 41.7 Lock Lock Lock
Liquidity
Current Ratio X Lock Lock Lock Lock 2.5 2.1 2.4 Lock Lock Lock
Quick Ratio X Lock Lock Lock Lock 1.1 0.8 0.9 Lock Lock Lock
Cash & ST Inv/Current Assets % Lock Lock Lock Lock 8.3 6.9 0.4 Lock Lock Lock
CFO/Current Liabilities % Lock Lock Lock Lock 20.0 36.5 50.5 Lock Lock Lock
Balance Sheet Efficiency
Receivables Turnover X Lock Lock Lock Lock 5.3 5.7 6.7 Lock Lock Lock
Inventory Turnover X Lock Lock Lock Lock 2.8 2.5 2.8 Lock Lock Lock
Working Capital Turnover X Lock Lock Lock Lock 2.8 3.3 3.6 Lock Lock Lock
Payables Turnover X Lock Lock Lock Lock 8.1 8.2 7.8 Lock Lock Lock
Asset Turnover X Lock Lock Lock Lock 0.7 0.7 0.9 Lock Lock Lock
Du Pont
Asset Turnover X Lock Lock Lock Lock 0.7 0.7 0.9 Lock Lock Lock
x Pretax Margin % Lock Lock Lock Lock 2.6 8.2 10.1 Lock Lock Lock
= Pretax Return on Assets % Lock Lock Lock Lock 1.7 5.3 8.6 Lock Lock Lock
x Tax Rate Complement (1-Tax Rate) % Lock Lock Lock Lock 9.6 15.8 13.8 Lock Lock Lock
Return on Assets % Lock Lock Lock Lock 1.6 4.5 7.4 Lock Lock Lock
x Equity Multiplier (Assets/Equity) % Lock Lock Lock Lock 1.9 2.0 1.8 Lock Lock Lock
Return on Equity % Lock Lock Lock Lock 2.9 8.8 13.4 Lock Lock Lock
x Earnings Retention (1-Payout) % Lock Lock Lock Lock 69.9 70.0 70.1 Lock Lock Lock
= Reinvestment Rate (%) % Lock Lock Lock Lock 2.0 6.1 9.4 Lock Lock Lock
Operating Cycle
Days of Inventory on Hand Days Lock Lock Lock Lock 128.4 148.5 129.7 Lock Lock Lock
+ Days of Sales Outstanding Days Lock Lock Lock Lock 69.3 63.8 54.1 Lock Lock Lock
Operating Cycle Days Lock Lock Lock Lock 197.7 212.4 183.8 Lock Lock Lock
- Days of Payables Outstanding Days Lock Lock Lock Lock 33.5 32.2 30.3 Lock Lock Lock
Net Operating Cycle Days Lock Lock Lock Lock 164.2 180.2 153.5 Lock Lock Lock

Dividends

Key Stats

Ex Dividend Date (est.)

N/A

DIV Yield

.8%

Franking Level

N/A

DPSg

69.20%

Quality Yield

Lock

Falling Divs over next 2

Lock

Expected Dividend Cashflow

Dividend Clarity,
Enhanced
Strategy

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Values and Recommendations

Key Stats

Consensus Score

Lock

Recommendation

Lock

EPS 1 month Change

Lock

Quality Yield

Lock

Falling Divs over next 2

Lock

Halo Consensus Score

Lock Chart

PEG Ratio

Lock Chart

Consensus EPS Revisions

Lock Chart

Short selling

Key Stats

Percent of Issue

0.00%

Value ($M)

0

Prior Change

N/A

7 Day Change

N/A

1 Month Change

N/A

3 Month Change

N/A

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VEE Shortsell

Frequently Asked Questions

The current share price of Veem Ltd (VEE:ASX) is AU$1.61.
The 52-week high share price for Veem Ltd (VEE:ASX) is AU$2.02.
The 52-week low share price for Veem Ltd (VEE:ASX)? is AU$0.50.
The current TTM dividend payout for Veem Ltd (VEE:ASX) is 0.80.
The last dividend payment of Veem Ltd (VEE:ASX) is AU$0.01.
Veem Ltd (VEE:ASX) has a franking level of 0.0%.
Veem Ltd (VEE:ASX) is classified in the Industrials.
The current P/E ratio for Veem Ltd (VEE:ASX) is 36.20.
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