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Ampol Limited (AU:ALD)
:ALD
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Ampol Limited (ALD) AI Stock Analysis

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AU:ALD

Ampol Limited

(OTC:ALD)

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Neutral 64 (OpenAI - 4o)
Rating:64Neutral
Price Target:
AU$31.00
▼(-0.61% Downside)
Ampol Limited's overall stock score reflects a mixed outlook. Financial performance is challenged by declining profitability and cash flow issues. Technical analysis shows bullish momentum, but the stock may be overbought. The high P/E ratio suggests overvaluation, tempered slightly by a moderate dividend yield.

Ampol Limited (ALD) vs. iShares MSCI Australia ETF (EWA)

Ampol Limited Business Overview & Revenue Model

Company DescriptionAmpol Limited purchases, refines, distributes, and markets petroleum products in Australia, New Zealand, Singapore, and the United States. The company operates through Convenience Retail, and Fuels and Infrastructure segments. The Convenience Retail segment sells fuels through Ampol's network of stores. The Fuels and Infrastructure segment wholesales fuels and lubricant supplies. It distributes its products through a network of depots, diesel stops, marine facilities, and service station sites. The company was formerly known as Caltex Australia Limited and changed its name to Ampol Limited in May 2020. Ampol Limited was founded in 1900 and is based in Alexandria, Australia.
How the Company Makes MoneyAmpol generates revenue predominantly through the sale of fuel and petroleum products across its extensive network of service stations and commercial clients. The company has multiple key revenue streams, including retail fuel sales, commercial fuel supply agreements, and refining operations. Retail fuel sales account for a significant portion of its income, driven by both volume and price fluctuations in the fuel market. Additionally, Ampol earns revenue from its convenience store offerings and various ancillary services at its service station locations. Strategic partnerships with suppliers and distribution channels also enhance its market presence and profitability. Factors such as global oil prices, domestic demand for fuel, and operational efficiencies within its refining processes contribute significantly to Ampol's overall earnings.

Ampol Limited Financial Statement Overview

Summary
Ampol Limited's financial performance is mixed. The income statement shows declining revenue and margins, indicating profitability challenges. The balance sheet is stable but with high leverage, and cash flow issues are evident with a significant drop in free cash flow and absent operating cash flow.
Income Statement
65
Positive
Ampol Limited's income statement shows a declining revenue trend with a decrease from $37.7B in 2023 to $34.8B in 2024. The gross profit margin decreased from 7.8% in 2023 to 7.0% in 2024, and net profit margin also fell from 1.5% to 0.4%. There is a significant drop in EBIT margin to 0% in 2024. The company has experienced volatility in its profitability, which poses a risk to its stability.
Balance Sheet
70
Positive
The balance sheet reflects a stable yet high debt scenario with a debt-to-equity ratio of 1.29 in 2024, compared to 1.04 in 2023. Return on equity dropped from 15.4% in 2023 to 3.9% in 2024, indicating reduced profitability on shareholder investment. The equity ratio slightly decreased from 27.8% in 2023 to 24.6% in 2024, showing moderate leverage but a solid equity base.
Cash Flow
55
Neutral
Cash flows show a concerning trend with operating cash flow absent in 2024 and free cash flow declining significantly from $964.7M in 2023 to $229.4M in 2024. The lack of operating cash flow relative to net income highlights potential liquidity challenges, affecting the company's ability to self-fund operations and growth.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue31.93B34.85B37.75B38.25B20.88B15.18B
Gross Profit2.12B2.43B2.93B2.57B2.03B975.10M
EBITDA601.70M973.80M1.50B1.49B1.19B-213.80M
Net Income-138.00M122.50M549.10M795.90M560.00M-484.90M
Balance Sheet
Total Assets12.21B12.87B12.81B13.33B8.85B7.36B
Cash, Cash Equivalents and Short-Term Investments81.40M123.90M300.60M126.00M566.30M367.60M
Total Debt3.56B4.08B3.69B3.61B2.26B1.72B
Total Liabilities8.68B9.29B8.84B9.28B5.51B4.14B
Stockholders Equity3.12B3.16B3.56B3.63B3.07B2.95B
Cash Flow
Free Cash Flow632.90M229.40M972.50M541.40M310.40M41.00M
Operating Cash Flow1.35B915.00M1.51B948.30M634.60M267.60M
Investing Cash Flow-693.70M-688.50M-535.60M-1.63B-313.20M462.60M
Financing Cash Flow-627.70M-405.10M-779.90M266.50M-126.90M-391.80M

Ampol Limited Technical Analysis

Technical Analysis Sentiment
Positive
Last Price31.19
Price Trends
50DMA
30.01
Positive
100DMA
28.12
Positive
200DMA
26.66
Positive
Market Momentum
MACD
0.31
Negative
RSI
63.58
Neutral
STOCH
79.81
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:ALD, the sentiment is Positive. The current price of 31.19 is above the 20-day moving average (MA) of 30.24, above the 50-day MA of 30.01, and above the 200-day MA of 26.66, indicating a bullish trend. The MACD of 0.31 indicates Negative momentum. The RSI at 63.58 is Neutral, neither overbought nor oversold. The STOCH value of 79.81 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:ALD.

Ampol Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (65)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
$21.80B14.7315.06%4.72%6.48%6.25%
AU$41.97B9.218.51%6.81%17.13%61.35%
$15.17B7.614.09%5.20%3.87%-62.32%
$20.48B12.956.59%5.79%-5.81%-17.90%
AU$7.43B-4.22%1.44%-15.39%-119.57%
$2.80B-1.02%7.28%17.16%90.79%
€2.99B-8.40-18.38%3.72%8.16%-311.36%
* Energy Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:ALD
Ampol Limited
31.19
3.73
13.57%
AU:BPT
Beach Energy
1.23
0.06
5.58%
AU:ORG
Origin Energy Limited
12.70
3.55
38.84%
AU:STO
Santos Limited
6.32
-0.12
-1.92%
AU:VEA
Viva Energy Group Ltd.
1.80
-0.73
-28.97%
AU:WDS
Woodside Energy Group
24.26
2.00
8.98%

Ampol Limited Corporate Events

Ampol Limited Announces Director’s Share Acquisition
Oct 7, 2025

Ampol Limited has announced a change in the director’s interest, with Helen Nash acquiring 2,484 fully paid ordinary shares through an on-market trade valued at $74,942.07. This change reflects a strategic move in the company’s governance, potentially impacting its market perception and stakeholder confidence.

The most recent analyst rating on (AU:ALD) stock is a Buy with a A$35.00 price target. To see the full list of analyst forecasts on Ampol Limited stock, see the AU:ALD Stock Forecast page.

Ampol Limited Announces Director’s Interest Change
Aug 28, 2025

Ampol Limited has announced a change in the director’s interest notice, specifically for Director Matthew William Halliday. The change involves the conversion of share rights into restricted shares as part of the 2024 Short Term Incentive and 2022 Long Term Incentive Award. This adjustment reflects the company’s ongoing commitment to aligning executive incentives with long-term shareholder value, potentially impacting the company’s governance and stakeholder confidence.

The most recent analyst rating on (AU:ALD) stock is a Hold with a A$30.25 price target. To see the full list of analyst forecasts on Ampol Limited stock, see the AU:ALD Stock Forecast page.

Ampol Limited Director Acquires Significant Shareholding
Aug 22, 2025

Ampol Limited announced a change in the director’s interest, with Guy Templeton acquiring 12,500 fully paid ordinary shares through an on-market trade. This acquisition reflects a significant financial commitment and could indicate confidence in the company’s future performance, potentially impacting stakeholders’ perceptions and market positioning.

The most recent analyst rating on (AU:ALD) stock is a Buy with a A$30.00 price target. To see the full list of analyst forecasts on Ampol Limited stock, see the AU:ALD Stock Forecast page.

Ampol Director Increases Shareholding, Signaling Confidence
Aug 22, 2025

Ampol Limited has announced a change in the interests of its director, Simon Allen, who has increased his indirect holdings by acquiring 2,500 fully paid ordinary shares through an on-market trade. This change reflects a strategic move by the director, potentially indicating confidence in the company’s future performance and stability, which could influence stakeholder perceptions and market positioning.

The most recent analyst rating on (AU:ALD) stock is a Buy with a A$30.00 price target. To see the full list of analyst forecasts on Ampol Limited stock, see the AU:ALD Stock Forecast page.

Ampol Limited Reports First Half 2025 Earnings Decline
Aug 18, 2025

Ampol Limited is an independent Australian company specializing in transport energy across Australia and New Zealand, with a significant presence in the fuel and convenience retail sectors. In its latest earnings report for the first half of 2025, Ampol reported a statutory after-tax loss of $25.3 million, a significant decline from the $235.2 million profit recorded in the same period of 2024. This downturn was attributed to a 16.2% decrease in revenue, impacted by lower crude and product prices and a 6% reduction in sales volumes. The company declared an interim dividend of 40 cents per share, down from 60 cents in the previous year. Despite the challenging financial performance, Ampol continues to focus on strategic growth areas such as expanding its electric vehicle charging network and investing in renewable fuels. Looking ahead, Ampol’s management remains committed to enhancing its core business and exploring new opportunities in the evolving energy landscape.

Ampol Limited Reports Mixed Financial Results and Announces Strategic Acquisition
Aug 17, 2025

Ampol Limited reported a mixed financial performance for the first half of 2025, with a Group Replacement Cost Operating Profit (RCOP) EBITDA of $649 million and a statutory loss after tax of $25 million. Despite challenges such as geopolitical uncertainties and declining fuel volumes, the company maintained strong performance in its convenience retail sector and announced a strategic acquisition of EG Australia to enhance its market position. The acquisition is expected to improve Ampol’s growth trajectory and earnings mix, with completion anticipated by mid-2026, subject to regulatory approval.

The most recent analyst rating on (AU:ALD) stock is a Buy with a A$31.40 price target. To see the full list of analyst forecasts on Ampol Limited stock, see the AU:ALD Stock Forecast page.

Ampol Limited Releases 2025 Half Year Report
Aug 17, 2025

Ampol Limited has released its 2025 Half Year Report, which was authorized by the company’s Board. The report provides insights into the company’s operational performance and strategic initiatives for the first half of the year. This announcement is significant for stakeholders as it highlights Ampol’s ongoing efforts to strengthen its market position and address sustainability in its operations.

The most recent analyst rating on (AU:ALD) stock is a Buy with a A$31.40 price target. To see the full list of analyst forecasts on Ampol Limited stock, see the AU:ALD Stock Forecast page.

Ampol Limited Announces Proposed Securities Issue
Aug 14, 2025

Ampol Limited has announced a proposed issue of up to 9,184,727 ordinary fully paid securities, with the issuance date set for June 30, 2026. This move is part of a placement or other type of issue, potentially impacting the company’s capital structure and market positioning, while also offering new investment opportunities for stakeholders.

The most recent analyst rating on (AU:ALD) stock is a Buy with a A$31.40 price target. To see the full list of analyst forecasts on Ampol Limited stock, see the AU:ALD Stock Forecast page.

Ampol Limited Announces Strategic Acquisition of EG Group Australia
Aug 14, 2025

Ampol Limited has announced its proposed acquisition of EG Group Australia, a move that could significantly impact its market positioning by expanding its retail footprint. This strategic acquisition is expected to enhance Ampol’s operational capabilities and strengthen its competitive edge in the Australian fuel retail market.

The most recent analyst rating on (AU:ALD) stock is a Buy with a A$31.40 price target. To see the full list of analyst forecasts on Ampol Limited stock, see the AU:ALD Stock Forecast page.

Ampol to Acquire EG Australia in $1.1 Billion Deal
Aug 14, 2025

Ampol Limited has announced a Share Purchase Agreement to acquire EG Australia for $1.1 billion, aiming to expand its retail network by approximately 500 sites. This acquisition is expected to accelerate Ampol’s growth strategy, enhance its convenience retail offerings, and deliver significant financial synergies. The transaction, subject to ACCC approval, will be funded through a mix of debt and Ampol shares, with the company maintaining its investment-grade credit rating. The integration is projected to increase earnings from convenience retail and marketing activities, supporting Ampol’s strategic goals and benefiting stakeholders.

The most recent analyst rating on (AU:ALD) stock is a Buy with a A$31.40 price target. To see the full list of analyst forecasts on Ampol Limited stock, see the AU:ALD Stock Forecast page.

Ampol Limited Initiates Trading Halt Ahead of Major Acquisition Announcement
Aug 14, 2025

Ampol Limited has requested a trading halt on its securities pending an announcement about a potential material acquisition transaction. This move is intended to prevent trading based on incomplete information, with the halt expected to last until the announcement is made or normal trading resumes on 18 August 2025.

The most recent analyst rating on (AU:ALD) stock is a Buy with a A$31.40 price target. To see the full list of analyst forecasts on Ampol Limited stock, see the AU:ALD Stock Forecast page.

Ampol Limited to Announce Half-Year 2025 Financial Results
Aug 11, 2025

Ampol Limited has announced that it will release its financial results for the first half of 2025 on August 18, 2025. The announcement will be accompanied by a briefing led by the company’s Managing Director and CEO, Matt Halliday, and Group CFO, Greg Barnes, via a webcast and conference call. This event is significant for stakeholders as it provides insights into the company’s financial health and strategic direction for the remainder of the year.

The most recent analyst rating on (AU:ALD) stock is a Buy with a A$31.40 price target. To see the full list of analyst forecasts on Ampol Limited stock, see the AU:ALD Stock Forecast page.

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.Date of analysis: Aug 16, 2025