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Acrow Formwork and Construction Services Limited
(Sydney:ACF)
Acrow Formwork and Construction Services Limited (ACF) vs. iShares MSCI Australia ETF (EWA)
Acrow Formwork and Construction Services Limited Business Overview & Revenue Model
Acrow Formwork and Construction Services Limited Financial Statement Overview
| Breakdown | TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 216.89M | 193.12M | 149.81M | 140.83M | 94.61M | 81.68M |
| Gross Profit | 119.15M | 163.24M | 105.91M | 90.81M | 59.40M | 49.48M |
| EBITDA | 67.56M | 65.27M | 48.51M | 34.21M | 19.34M | 13.73M |
| Net Income | 22.47M | 25.56M | 23.46M | 15.69M | 3.96M | 3.01M |
Balance Sheet | ||||||
| Total Assets | 341.58M | 312.45M | 218.52M | 184.90M | 159.03M | 148.22M |
| Cash, Cash Equivalents and Short-Term Investments | 3.13M | 5.59M | 4.94M | 3.01M | 1.75M | 7.24M |
| Total Debt | 130.90M | 106.69M | 75.20M | 61.10M | 54.38M | 55.97M |
| Total Liabilities | 197.93M | 171.49M | 115.63M | 101.58M | 97.54M | 89.92M |
| Stockholders Equity | 143.64M | 140.96M | 102.88M | 83.32M | 61.49M | 58.30M |
Cash Flow | ||||||
| Free Cash Flow | -23.16M | -7.67M | -19.25M | -14.15M | -8.22M | -2.07M |
| Operating Cash Flow | 23.67M | 32.54M | 25.69M | 8.23M | 9.19M | 11.03M |
| Investing Cash Flow | -23.86M | -49.00M | -26.26M | -18.44M | -9.84M | -22.23M |
| Financing Cash Flow | -3.28M | 13.51M | 5.50M | 10.34M | -6.69M | 15.15M |
Acrow Formwork and Construction Services Limited Technical Analysis
Acrow Formwork and Construction Services Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
80 Outperform | AU$545.57M | 14.02 | 58.99% | 6.13% | 25.12% | 31.13% | |
78 Outperform | AU$589.89M | 9.98 | 12.62% | 4.31% | 15.44% | -4.13% | |
74 Outperform | AU$364.70M | 16.24 | 37.07% | 2.42% | -1.02% | -7.39% | |
72 Outperform | €304.88M | 13.20 | 16.85% | 9.03% | 28.56% | -19.61% | |
67 Neutral | AU$87.65M | 8.94 | 18.42% | 5.52% | 12.06% | -8.98% | |
66 Neutral | €475.94M | 16.68 | 15.15% | 2.80% | 49.23% | 41.42% | |
65 Neutral | $10.77B | 15.80 | 5.51% | 1.90% | 3.03% | -26.66% |
Acrow Formwork and Construction Services Limited Corporate Events
Acrow Limited has announced the appointment of Rod Heale as a director, effective from July 1, 2025. This appointment is significant as it reflects the company’s strategic direction and potential impact on its governance, with Heale holding 10,000 fully paid ordinary shares through Somerset S’Fund Pty Ltd.
The most recent analyst rating on (AU:ACF) stock is a Buy with a A$1.35 price target. To see the full list of analyst forecasts on Acrow Formwork and Construction Services Limited stock, see the AU:ACF Stock Forecast page.
Acrow Limited announced that its CEO, Steven Boland, participated in an interview on the Shares for Beginners Podcast, where he discussed the company’s strong financial performance, strategic goals, and future opportunities. This podcast episode provides investors with insights into Acrow’s vision and long-term strategy, potentially impacting its operations and industry positioning by highlighting its growth trajectory and commitment to innovation.
The most recent analyst rating on (AU:ACF) stock is a Buy with a A$1.30 price target. To see the full list of analyst forecasts on Acrow Formwork and Construction Services Limited stock, see the AU:ACF Stock Forecast page.
Acrow Limited has announced the appointment of Rod Heale as a Non-Executive Director, effective July 1, 2025. With over 30 years of experience in the building, construction, and infrastructure industry, Heale brings significant expertise to the company, having held leadership roles at Decmil, John Holland, and CPB Contractors. His addition to the board is expected to bolster Acrow’s strategic growth in the construction and civil infrastructure sectors.
The most recent analyst rating on (AU:ACF) stock is a Buy with a A$1.35 price target. To see the full list of analyst forecasts on Acrow Formwork and Construction Services Limited stock, see the AU:ACF Stock Forecast page.
Acrow Limited announced a change in the director’s interest, with Peter Lancken acquiring an additional 102,979 fully paid ordinary shares through an on-market trade. This acquisition increases his total holdings to 12,648,805 shares, reflecting a strategic move that could potentially influence the company’s market perception and investor confidence.
The most recent analyst rating on (AU:ACF) stock is a Buy with a A$1.35 price target. To see the full list of analyst forecasts on Acrow Formwork and Construction Services Limited stock, see the AU:ACF Stock Forecast page.
Acrow Limited announced a change in the director’s interest, specifically for Director Steven Boland, who acquired 60,000 fully paid ordinary shares at $0.97 per share through an on-market trade. This change increases his total holdings to 5,652,062 fully paid ordinary shares, while his long-term variable remuneration performance rights remain unchanged. The announcement reflects a strategic move by the director to increase his stake in the company, potentially signaling confidence in the company’s future performance.
The most recent analyst rating on (AU:ACF) stock is a Buy with a A$1.35 price target. To see the full list of analyst forecasts on Acrow Formwork and Construction Services Limited stock, see the AU:ACF Stock Forecast page.
Acrow Limited has announced the issuance of 745,197 fully paid ordinary securities to be quoted on the Australian Securities Exchange (ASX) as of May 30, 2025. This move is part of a dividend or distribution plan, potentially impacting the company’s market presence and offering stakeholders an opportunity to engage with the company’s growth strategy.
The most recent analyst rating on (AU:ACF) stock is a Buy with a A$1.35 price target. To see the full list of analyst forecasts on Acrow Formwork and Construction Services Limited stock, see the AU:ACF Stock Forecast page.
Acrow Limited, a company listed on the ASX under the code ACF, has announced an update regarding its dividend distribution for the period ending December 31, 2024. The update confirms the Dividend Reinvestment Plan (DRP) price, following a previous announcement made on February 26, 2025. This announcement is significant for stakeholders as it provides clarity on the dividend distribution process, which relates to a six-month period, and includes key dates such as the record date on April 30, 2025, and the ex-date on April 29, 2025.
The most recent analyst rating on (AU:ACF) stock is a Buy with a A$1.35 price target. To see the full list of analyst forecasts on Acrow Formwork and Construction Services Limited stock, see the AU:ACF Stock Forecast page.
Acrow Limited has expanded its debt facility with Westpac Banking Corporation by $20 million, increasing its total facility limit to approximately $170 million. This expansion provides the company with enhanced financial flexibility and supports its recent acquisitions, ensuring a strong balance sheet and cash flow flexibility with a pro forma headroom of approximately $40 million.
Acrow Limited has announced the acquisition of Brand Australia and Above Scaffolding to enhance its Industrial Access division. These acquisitions are expected to contribute significantly to Acrow’s revenue and EBITDA by FY26, with a combined expected revenue of around $40 million. The acquisitions align with Acrow’s growth strategy, providing access to new blue-chip customers and expanding its geographic presence in New South Wales. The acquisitions are expected to be immediately earnings accretive and will be funded through an expanded Westpac debt facility. The strategic move is anticipated to deliver substantial revenue uplift and cost reduction synergies, strengthening Acrow’s market position.