Adrad Holdings Limited (AU:AHL)
ASX:AHL
Want to see AU:AHL full AI Analyst Report?
Top Page
Adrad Holdings Limited
(Sydney:AHL)
Select Model
Select Model
Rating:66Neutral
Price Target:
AU$1.50
▲(51.52% Upside)
Action:ReiteratedDate:02/20/26
The score is driven primarily by solid overall financial quality (improving gross margin and a strengthened balance sheet), tempered by weaker net/operating profitability and only moderate cash-flow conversion. Technicals are supportive but not strong due to mixed momentum (slightly negative MACD). Valuation adds support with a moderate P/E and a meaningful dividend yield.
Positive Factors
Improved gross margins
A gross margin of 52.34% indicates stronger cost management and product pricing. Sustained higher gross margins improve resilience to input-cost shocks, support reinvestment in products or services, and provide a structural buffer that can protect operating profitability over coming quarters.
Negative Factors
Weak net profitability
A net margin of 3.69% is low for durable shareholder returns and signals limited ability to convert revenue into bottom-line profits. Persistently thin net margins constrain retained earnings and dividend growth, and leave the business exposed to margin erosion from cost inflation or pricing pressure.
Read all positive and negative factors
Positive Factors
Negative Factors
Improved gross margins
A gross margin of 52.34% indicates stronger cost management and product pricing. Sustained higher gross margins improve resilience to input-cost shocks, support reinvestment in products or services, and provide a structural buffer that can protect operating profitability over coming quarters.
Read all positive factors
Adrad Holdings Limited (AHL) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$100.03M
Dividend Yield3.41%
Average Volume (3M)81.43K
Price to Earnings (P/E)8.0
Beta (1Y)0.57
Revenue Growth3.62%
EPS Growth4.53%
CountryAU
Employees500
SectorIndustrials
Sector Strength72
IndustryIndustrial - Machinery
Share Statistics
EPS (TTM)0.07
Shares Outstanding81,321,360
10 Day Avg. Volume19,602
30 Day Avg. Volume81,433
Financial Highlights & Ratios
PEG Ratio-1.68
Price to Book (P/B)0.41
Price to Sales (P/S)0.34
P/FCF Ratio5.28
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$1.38Price Target Upside38.89% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)0.09
Revenue Forecast (FY)AU$161.20M
Adrad Holdings Limited Business Overview & Revenue Model
Company Description
Adrad Holdings Limited (AHL) is an Australian company specializing in the design, manufacture, and distribution of a comprehensive range of automotive heat exchange products, including radiators, intercoolers, and condensers. Operating primarily i...
How the Company Makes Money
null...
Adrad Holdings Limited Financial Statement Overview
Summary
Income Statement
65
Positive
Balance Sheet
70
Positive
Cash Flow
60
Neutral
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 152.57M | 153.20M | 143.27M | 141.13M | 122.83M | 87.09M |
| Gross Profit | 29.11M | 80.19M | 27.84M | 26.01M | 25.23M | 19.48M |
| EBITDA | 16.24M | 15.63M | 16.50M | 18.31M | 18.34M | 15.49M |
| Net Income | 6.00M | 5.65M | 5.97M | 5.61M | 6.77M | 12.86M |
Balance Sheet | ||||||
| Total Assets | 191.50M | 189.22M | 190.56M | 189.59M | 169.41M | 107.65M |
| Cash, Cash Equivalents and Short-Term Investments | 18.63M | 18.97M | 15.84M | 13.93M | 3.48M | 4.84M |
| Total Debt | 79.78M | 41.35M | 47.98M | 48.89M | 75.26M | 19.77M |
| Total Liabilities | 64.07M | 62.97M | 69.79M | 72.70M | 97.38M | 43.36M |
| Stockholders Equity | 127.43M | 126.25M | 120.77M | 116.89M | 72.03M | 62.34M |
Cash Flow | ||||||
| Free Cash Flow | 5.80M | 9.78M | 9.27M | 2.74M | 3.88M | 8.52M |
| Operating Cash Flow | 10.19M | 13.95M | 14.70M | 6.76M | 8.06M | 11.69M |
| Investing Cash Flow | -3.41M | -4.07M | -5.24M | -3.86M | -20.61M | -3.18M |
| Financing Cash Flow | -7.24M | -7.50M | -7.55M | 7.56M | 11.18M | -7.40M |
Adrad Holdings Limited Technical Analysis
Positive
0.99
Price Trends
1.05
Positive
1.02
Positive
0.88
Positive
Market Momentum
0.05
Negative
68.35
Neutral
85.38
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:AHL, the sentiment is Positive. The current price of 0.99 is below the 20-day moving average (MA) of 1.13, below the 50-day MA of 1.05, and above the 200-day MA of 0.88, indicating a bullish trend. The MACD of 0.05 indicates Negative momentum. The RSI at 68.35 is Neutral, neither overbought nor oversold. The STOCH value of 85.38 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:AHL.
Adrad Holdings Limited Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | AU$187.28M | 7.58 | 23.91% | 4.48% | 25.84% | 53.30% | |
79 Outperform | AU$673.80M | 9.20 | 29.27% | 2.25% | 1.59% | 2.81% | |
68 Neutral | AU$65.22M | 8.31 | 12.00% | 1.92% | 9.98% | 70.40% | |
66 Neutral | AU$100.03M | 7.98 | 4.73% | 3.41% | 3.62% | 4.53% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
63 Neutral | AU$116.83M | 20.44 | 12.51% | 7.14% | 10.91% | -28.61% | |
44 Neutral | AU$88.19M | -1.55 | -50.97% | ― | -36.31% | -245.99% |
* Industrials Sector Average
AU:AHL
Adrad Holdings Limited
1.23
0.66
113.91%
AU:ANG
Austin Engineering
0.19
-0.18
-49.18%
AU:MCE
Matrix Composites & Engineering Ltd
0.39
0.17
78.18%
AU:KOV
Korvest Ltd.
15.82
6.08
62.46%
AU:DUR
Duratec Limited
2.61
1.07
69.15%
AU:LBL
Laserbond Limited
0.55
0.14
35.14%
Adrad Holdings Limited Corporate Events
Adrad Director Gary Washington Increases Indirect Shareholding via On-Market Purchase
Apr 8, 2026
Adrad Holdings director Gary Washington has increased his indirect holding in the company through an on-market purchase of 33,581 fully paid ordinary shares valued at $35,427.96. The additional shares were acquired via a superannuation account joi...
Adrad Issues 541,267 Unquoted Performance Rights Under Employee Incentive Plan
Apr 7, 2026
Adrad Holdings Limited has notified the market of the issue of 541,267 unquoted LTI Performance Rights under its employee incentive scheme, with the securities subject to transfer restrictions and not quoted on the ASX. The move underscores the co...
Adrad Holdings Appoints New Director Howard Coombs With Initial Shareholding Disclosure
Mar 10, 2026
Adrad Holdings Limited has announced the appointment of Howard Coombs as a director, effective 10 March 2026, signalling a change in the company’s board composition. In connection with his appointment, Coombs has disclosed an initial holding...
Adrad Bolsters Board with Appointment of Howard Coombs as Independent Director
Mar 10, 2026
Adrad Holdings Limited has strengthened its board with the appointment of Mr Howard Coombs as an Independent Non-Executive Director, effective immediately. Coombs, currently Executive Director of Finance at Seeley International, brings 36 years of...
Adrad Ties CEO and Chair Bonuses to Market Value Growth in One-Off Incentive Plan
Feb 20, 2026
Adrad Holdings has revamped its executive pay structure, introducing a performance-based cash incentive for Managing Director and CEO Paul Proctor that is directly tied to the company’s market value growth. The scheme runs from September 202...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.