A$ 6.84
Key Takeaways
Risk factor
Considerable default risk
Profitability factor
Very low or no dividends
About
Austal Limited engages in the design, manufacture, and support of vessels for commercial and defense customers worldwide. It operates in four segments: USA Shipbuilding, USA Support, Australasia Shipbuilding, and Australasia Support. The company designs, constructs, and supports passenger ferries, vehicle passenger ferries, and offshore and windfarm vessels; naval and other defense vessels; and patrol boats...
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. In particular, the stock is reasonably priced on P/E, of fair value on E
Target Price
The average target price of ASB.AX is 7.7 and suggests 11% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendation
