VSL · ASX

Vulcan Steel Ltd. (ASX:VSL)

AU$7.18

 -0.25 (-3.365%)
ASX:Live
21/11/2024 04:10:42 PM
HALO Ords HALO Capital Efficiency GROWTH AUS Fakey Shakey - Short All-Consensus +1
Consensus Score
/10
Recommend
Target Price
Deviation
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VSL Overview

VSL Health Scores

Short Term

Mean Reversion

Neutral

Trend

Neutral

Event

Very Weak

Halo Model

MQV

Very Strong

GARP

Very Strong

MQV Small

Neutral

Valuation

Value

Consensus

Momentum

Price

Neutral

Earnings

Very Strong

Growth

Earnings

Very Strong

Dividends

Neutral

Quality

Capital Efficiency

Very Weak

Balance Sheet

Very Strong

About VSL

Website

N/A

Telephone

Address

Description

Vulcan Steel Ltd. engages in distribution of steel and metal. It operates through the following business segments: Steel, Metals, and Corporate. The Steel segment is involved in steel distribution, plate, and coil processing. The Metals segment refers to the sale of stainless and engineering steels. The Corporate segment relates to other activities related to metals. The company was founded by Peter Kevin Wells on June 2, 1995 and is headquartered in Auckland, New Zealand.

VSL Price Chart

Key Stats

Market Cap

AU$1.00B

PE

24.80

EV/EBITDA

9.6

Dividends Overview

DIV Yield

2.7%

Franking

N/A

Ex Dividend Date (est.)

26-Sep-24

Market Data

52 weeks range

Low 6.24 - 8.76

Trade Value (12mth)

US$75,446.00

1 week

0.27%

1 month

-9.06%

YTD

-3.38%

1 year

2.91%

All time high

10.47

Key Fundamentals

EPS 3 yr Growth

-34.60%

EBITDA Margin

13.70%

Operating Cashflow

$169m

Free Cash Flow Return

22.00%

ROIC

5.20%

Interest Coverage

3.60

Quick Ratio

1.00

Other Data

Shares on Issue (Fully Dilluted)

131m

HALO Sector

Next Company Report Date

02-Sep-25

Ex Dividend Date (est.)

26-Sep-24

Next Dividend Pay Date (est.)

10-Oct-24

Reporting Currency

NZD

Short Sell (% of issue)

0.52

VSL Announcements

Latest Announcements

Date Announcements

15 November 24

Change of Director's Interest Notice - Rhys Jones

×

Change of Director's Interest Notice - Rhys Jones

15 November 24

Change of Director's Interest Notice - Adrian Casey

×

Change of Director's Interest Notice - Adrian Casey

15 November 24

Notification regarding unquoted securities - VSL

×

Notification regarding unquoted securities - VSL

15 November 24

Response to Appendix 3Z Query

×

Response to Appendix 3Z Query

13 November 24

Final Director's Interest Notice - Wayne Boyd

×

Final Director's Interest Notice - Wayne Boyd

01 November 24

Annual Meeting of shareholders presentation

×

Annual Meeting of shareholders presentation

01 November 24

Results of Annual Meeting of Shareholders

×

Results of Annual Meeting of Shareholders

21 October 24

Vulcan Trading Update

×

Vulcan Trading Update

14 October 24

Change of Director's Interest Notice - Rhys Jones

×

Change of Director's Interest Notice - Rhys Jones

30 September 24

Application for quotation of securities - VSL

×

Application for quotation of securities - VSL

30 September 24

Notification regarding unquoted securities - VSL

×

Notification regarding unquoted securities - VSL

30 September 24

Notice under section 708A(5)(e) of Corporations Act 2001

×

Notice under section 708A(5)(e) of Corporations Act 2001

30 September 24

Lodgement of ASX Appendix 3G and filing of ASX Appendix 2A

×

Lodgement of ASX Appendix 3G and filing of ASX Appendix 2A

30 September 24

Change of Director's Interest Notice - Rhys Jones

×

Change of Director's Interest Notice - Rhys Jones

30 September 24

Change of Director's Interest Notice - Adrian Casey

×

Change of Director's Interest Notice - Adrian Casey

30 September 24

Notice of Annual General Meeting/Proxy Form

×

Notice of Annual General Meeting/Proxy Form

27 September 24

Update - Dividend/Distribution - VSL

×

Update - Dividend/Distribution - VSL

26 September 24

Non-executive director retirement

×

Non-executive director retirement

26 September 24

Update - Dividend/Distribution - VSL

×

Update - Dividend/Distribution - VSL

26 September 24

Update - Dividend/Distribution - VSL

×

Update - Dividend/Distribution - VSL

09 September 24

Vulcan expands lead team

×

Vulcan expands lead team

28 August 24

2024 Annual Meeting of shareholders date

×

2024 Annual Meeting of shareholders date

27 August 24

FY24 ASX Appendix 4E Full year report

×

FY24 ASX Appendix 4E Full year report

27 August 24

Dividend/Distribution - VSL

×

Dividend/Distribution - VSL

27 August 24

FY24 Annual Report and Financial Statements

×

FY24 Annual Report and Financial Statements

VSL Fundamentals

Per Share Records

Historical data

Forecast data

NZD 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027
Per Share, Growth & Valuations
EPS (Basic) $ Lock Lock Lock Lock 0.94 0.67 0.30 Lock Lock Lock
EPS (Fully Diluted) $ Lock Lock Lock Lock 0.94 0.67 0.30 Lock Lock Lock
     Growth % Lock Lock Lock Lock 102.9 -29.1 -54.5 Lock Lock Lock
     PE X Lock Lock Lock Lock 8.7 12.2 24.8 Lock Lock Lock
     EV/EBITDA X Lock Lock Lock Lock 5.8 7.6 9.6 Lock Lock Lock
CFPS $ Lock Lock Lock Lock 1.22 1.00 0.67 Lock Lock Lock
FCFPS $ Lock Lock Lock Lock -0.79 0.28 0.64 Lock Lock Lock
     Growth % Lock Lock Lock Lock N/A -17.7 -33.2 Lock Lock Lock
     Yield % Lock Lock Lock Lock -9.7 3.2 8.9 Lock Lock Lock
DPS $ Lock Lock Lock Lock 0.72 0.63 0.27 Lock Lock Lock
     Growth % Lock Lock Lock Lock N/A -12.6 -57.4 Lock Lock Lock
     Yield % Lock Lock Lock Lock 7.4 5.6 2.7 Lock Lock Lock
     Payout Ratio % Lock Lock Lock Lock 76 94 88 Lock Lock Lock
BPS $ Lock Lock Lock Lock 1.41 1.41 1.31 Lock Lock Lock
BPS (Tangible) $ Lock Lock Lock Lock 1.31 1.30 1.21 Lock Lock Lock
     Growth % Lock Lock Lock Lock 136.9 -0.9 -7.2 Lock Lock Lock
Shares Outstanding
Diluted m Lock Lock Lock Lock 131 131 131 Lock Lock Lock
Basic m Lock Lock Lock Lock 131 131 131 Lock Lock Lock

Financial Records

Historical data

Forecast data

NZD 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027
Income Statement
Sales $m Lock Lock Lock Lock 973 1,245 1,064 Lock Lock Lock
     Growth % Lock Lock Lock Lock 33.0 28.0 -14.5 Lock Lock Lock
Selling & General Expenses $m Lock Lock Lock Lock 149 234 229 Lock Lock Lock
Gross Income $m Lock Lock Lock Lock 361 399 326 Lock Lock Lock
     Growth % Lock Lock Lock Lock 136.4 10.3 -18.1 Lock Lock Lock
     Margin % Lock Lock Lock Lock 37.2 32.0 30.7 Lock Lock Lock
Cost of Goods Sold to Sales % Lock Lock Lock Lock 63 68 69 Lock Lock Lock
EBITDA $m Lock Lock Lock Lock 240 209 146 Lock Lock Lock
     Growth % Lock Lock Lock Lock 85.5 -12.8 -30.4 Lock Lock Lock
     Margin % Lock Lock Lock Lock 24.7 16.8 13.7 Lock Lock Lock
Depreciation & Amortisation $m Lock Lock Lock Lock 27 45 49 Lock Lock Lock
EBIT $m Lock Lock Lock Lock 213 164 97 Lock Lock Lock
     Growth % Lock Lock Lock Lock 113.8 -22.9 -40.8 Lock Lock Lock
     Margin % Lock Lock Lock Lock 21.9 13.2 9.1 Lock Lock Lock
Pretax Income $m Lock Lock Lock Lock 181 125 59 Lock Lock Lock
Income Taxes $m Lock Lock Lock Lock 57 37 19 Lock Lock Lock
Net Income $m Lock Lock Lock Lock 124 88 40 Lock Lock Lock
     Growth % Lock Lock Lock Lock 102.9 -29.1 -54.5 Lock Lock Lock
     Margin % Lock Lock Lock Lock 12.7 7.1 3.8 Lock Lock Lock
Cash Flow Statement
Net Operating Cash Flow $m Lock Lock Lock Lock 12 145 169 Lock Lock Lock
Capital Expenditures $m Lock Lock Lock Lock 12 23 27 Lock Lock Lock
Net Investing Cash Flow $m Lock Lock Lock Lock -12 -193 -24 Lock Lock Lock
Net Financing Cash Flow $m Lock Lock Lock Lock 12 43 -141 Lock Lock Lock
Free Cash Flow $m Lock Lock Lock Lock 0 122 142 Lock Lock Lock
     Growth % Lock Lock Lock Lock N/A 194,473.1 16.0 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 24 20 24 Lock Lock Lock
Total Assets $m Lock Lock Lock Lock 800 1,014 906 Lock Lock Lock
Long Term Debt $m Lock Lock Lock Lock 399 627 565 Lock Lock Lock
Net Debt $m Lock Lock Lock Lock 389 629 566 Lock Lock Lock
Total Liabilities $m Lock Lock Lock Lock 614 828 734 Lock Lock Lock
Equity $m Lock Lock Lock Lock 179 187 170 Lock Lock Lock
Invested Capital Lock Lock Lock Lock 585 813 737 Lock Lock Lock
     Growth % Lock Lock Lock Lock 47.0 39.1 -9.3 Lock Lock Lock
Return Ratios
Return on Assets % Lock Lock Lock Lock 15.5 8.7 4.4 Lock Lock Lock
Return on Equity % Lock Lock Lock Lock 69.4 47.0 23.6 Lock Lock Lock
Return on Total Capital % Lock Lock Lock Lock 43.2 22.9 12.3 Lock Lock Lock
Return on Invested Capital % Lock Lock Lock Lock 25.9 12.6 5.2 Lock Lock Lock
Cash Flow Return on Invested Capital % Lock Lock Lock Lock 2.5 20.8 22.0 Lock Lock Lock

Ratios Records

Historical data

Forecast data

NZD 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027
Leverage
Interest Cover X Lock Lock Lock Lock 15.3 5.4 3.6 Lock Lock Lock
Debt to EBITDA X Lock Lock Lock Lock 1.6 3.0 3.9 Lock Lock Lock
Net Debt to Equity % Lock Lock Lock Lock 217.8 336.6 333.6 Lock Lock Lock
Liquidity
Current Ratio X Lock Lock Lock Lock 2.6 3.3 3.1 Lock Lock Lock
Quick Ratio X Lock Lock Lock Lock 0.9 1.0 1.0 Lock Lock Lock
Cash & ST Inv/Current Assets % Lock Lock Lock Lock 4.5 3.2 4.5 Lock Lock Lock
CFO/Current Liabilities % Lock Lock Lock Lock 5.8 76.0 99.6 Lock Lock Lock
Balance Sheet Efficiency
Receivables Turnover X Lock Lock Lock Lock 7.0 7.6 6.7 Lock Lock Lock
Inventory Turnover X Lock Lock Lock Lock 2.3 2.1 1.9 Lock Lock Lock
Working Capital Turnover X Lock Lock Lock Lock 3.1 2.8 3.0 Lock Lock Lock
Payables Turnover X Lock Lock Lock Lock 14.9 11.5 11.4 Lock Lock Lock
Asset Turnover X Lock Lock Lock Lock 1.2 1.2 1.2 Lock Lock Lock
Du Pont
Asset Turnover X Lock Lock Lock Lock 1.2 1.2 1.2 Lock Lock Lock
x Pretax Margin % Lock Lock Lock Lock 18.6 10.0 5.5 Lock Lock Lock
= Pretax Return on Assets % Lock Lock Lock Lock 22.7 12.3 6.5 Lock Lock Lock
x Tax Rate Complement (1-Tax Rate) % Lock Lock Lock Lock 31.6 29.6 32.1 Lock Lock Lock
Return on Assets % Lock Lock Lock Lock 15.5 8.7 4.4 Lock Lock Lock
x Equity Multiplier (Assets/Equity) % Lock Lock Lock Lock 4.5 5.4 5.3 Lock Lock Lock
Return on Equity % Lock Lock Lock Lock 69.4 47.0 23.6 Lock Lock Lock
x Earnings Retention (1-Payout) % Lock Lock Lock Lock 23.6 5.8 11.8 Lock Lock Lock
= Reinvestment Rate (%) % Lock Lock Lock Lock 16.3 2.7 2.8 Lock Lock Lock
Operating Cycle
Days of Inventory on Hand Days Lock Lock Lock Lock 158.5 170.2 195.7 Lock Lock Lock
+ Days of Sales Outstanding Days Lock Lock Lock Lock 52.3 48.2 54.3 Lock Lock Lock
Operating Cycle Days Lock Lock Lock Lock 210.8 218.4 249.9 Lock Lock Lock
- Days of Payables Outstanding Days Lock Lock Lock Lock 72.2 56.8 73.1 Lock Lock Lock
Net Operating Cycle Days Lock Lock Lock Lock 138.6 161.6 176.8 Lock Lock Lock

Dividends

Key Stats

Ex Dividend Date (est.)

26-Sep-24

DIV Yield

2.7%

Franking Level

N/A

DPSg

-57.40%

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

0.52%

Value ($M)

5

Prior Change

N/A

7 Day Change

N/A

1 Month Change

N/A

3 Month Change

0.20%

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VSL Shortsell

Frequently Asked Questions

The current share price of Vulcan Steel Ltd. (VSL:ASX) is AU$7.18.
The 52-week high share price for Vulcan Steel Ltd. (VSL:ASX) is AU$8.76.
The 52-week low share price for Vulcan Steel Ltd. (VSL:ASX)? is AU$6.24.
The current TTM dividend payout for Vulcan Steel Ltd. (VSL:ASX) is 2.70.
The last dividend payment of Vulcan Steel Ltd. (VSL:ASX) is AU$0.12.
Vulcan Steel Ltd. (VSL:ASX) has a franking level of 0.0%.
Vulcan Steel Ltd. (VSL:ASX) is classified in the Discretionary.
The current P/E ratio for Vulcan Steel Ltd. (VSL:ASX) is 24.80.