Advance ZincTek Limited (ANO) AI Stock Analysis

• Market Cap: AU$61.08M
• Dividend Yield: N/A
• Average Volume (3M): 3.07K
• Price to Earnings (P/E): 42.4
• Beta (1Y): 0.14
• Revenue Growth: 24.88%
• EPS Growth: N/A
• Country: AU
• Employees: 25
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Chemicals
• EPS (TTM): 0.02
• Shares Outstanding: 62,646,107
• 10 Day Avg. Volume: 7,300
• 30 Day Avg. Volume: 3,070
• PEG Ratio: -0.17
• Price to Book (P/B): 1.35
• Price to Sales (P/S): 3.98
• P/FCF Ratio: 27.10
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 60 Neutral
• Price Target: AU$1.00 ▲(5.26% Upside)
• Action: Reiterated Date: 10/23/25
• Date: Action: Reiterated 10/23/25

Advance ZincTek Limited's overall stock score is driven primarily by its solid financial performance, characterized by strong revenue growth and financial stability. However, the high P/E ratio and lack of dividend yield suggest potential overvaluation. Technical indicators present a mixed picture, with some signs of the stock being overbought. The absence of recent earnings call insights and notable corporate events leaves the financial performance as the most significant factor in the score.

Positive Factors

Revenue Growth

Sustained revenue growth (20.4% latest year, recovering from prior decline) indicates durable demand expansion and improving market penetration. This trend supports reinvestment in operations and product development and underpins medium-term top-line stability over the next 2-6 months.

High Gross Margin

A 58.8% gross margin demonstrates strong unit economics and effective cost management, providing a durable earnings buffer against input price swings. High gross margins give flexibility to fund SG&A or R&D while preserving core profitability over multiple quarters.

Strong Cash Generation

Robust free cash flow growth (66.8%) and an operating cash flow to net income ratio of 2.21 signal high cash conversion and quality earnings. This durable cash generation supports capex, working capital needs, deleveraging, or strategic investments without relying on external financing.

Negative Factors

Low Net Profit Margin

A 10.2% net margin leaves limited room to absorb rising SG&A or unforeseen cost shocks and constrains retained earnings. Over the medium term this restricts the firm's ability to self-fund growth or materially improve returns unless operational leverage or pricing improves.

Modest Return on Equity

ROE of 3.5% indicates the company converts equity into profits slowly, suggesting limited capital efficiency. Persistently low ROE can hinder shareholder value creation and reduce the effectiveness of equity-financed growth initiatives over the next several quarters.

Small Scale / Limited Resources

A small workforce and limited trading liquidity reflect constrained operational scale and market presence. This structural limitation can slow commercial rollout, R&D capacity, and ability to contract for large orders, making scaling and competitive responses more difficult over time.

Advance ZincTek Limited Business Overview & Revenue Model

Company Description

Advance ZincTek Limited, together with its subsidiaries, manufactures aluminum oxide powder, and zinc oxide dispersions and powder for use in the personal care sector in Australia, the United States, Canada, Europe, and internationally. It produces and distributes dispersion of mineral-only UV filters in cosmetic emollients that are used for sunscreen, skincare, and pharmaceutical formulations, as well as alumina plate-like powders used for cosmetic applications. The company operates through a network of distributors. The company was formerly known as Advance NanoTek Limited and changed its name to Advance ZincTek Limited in November 2021. Advance ZincTek Limited was incorporated in 1997 and is based in Rocklea, Australia.

How the Company Makes Money

Advance ZincTek Limited generates revenue primarily through the production and sale of zinc and zinc alloy products to various industries. The company operates a revenue model based on direct sales to manufacturers and distributors, leveraging long-term contracts and spot market transactions. Key revenue streams include the sale of raw zinc, zinc alloys, and specialized zinc-based products tailored to meet specific customer needs. Additionally, Advance ZincTek Limited benefits from strategic partnerships with major industrial clients and suppliers, enhancing its market reach and operational efficiency. Fluctuations in zinc prices and demand from sectors such as construction and automotive significantly influence its earnings.

Advance ZincTek Limited Financial Statement Overview

Summary

Advance ZincTek Limited demonstrates a solid financial performance with strong revenue growth and improved profitability margins. The balance sheet reflects financial stability with low leverage, while cash flow metrics indicate healthy cash generation. Continued focus on enhancing net profit margins and return on equity could further strengthen the company's financial position.

Income Statement

Advance ZincTek Limited shows a strong revenue growth rate of 20.4% in the latest year, recovering from a previous decline. The gross profit margin improved significantly to 58.8%, indicating better cost management. However, the net profit margin is relatively low at 10.2%, suggesting room for improvement in profitability. The EBIT and EBITDA margins are healthy, reflecting efficient operations.

Balance Sheet

The company maintains a low debt-to-equity ratio of 0.039, indicating conservative leverage and financial stability. Return on equity is modest at 3.5%, suggesting moderate efficiency in generating returns from equity. The equity ratio is strong, highlighting a solid capital structure.

Cash Flow

Free cash flow growth is impressive at 66.8%, showing improved cash generation capabilities. The operating cash flow to net income ratio is robust at 2.21, indicating strong cash flow relative to earnings. The free cash flow to net income ratio of 0.67 suggests good cash conversion, though there is potential for further enhancement.

Breakdown	Jun 2025	Jun 2024	Jun 2023	Jun 2022	Jun 2021
Income Statement
Total Revenue	12.17M	9.32M	13.74M	12.50M	6.52M
Gross Profit	7.16M	846.00K	3.62M	3.91M	1.57M
EBITDA	3.14M	252.00K	3.82M	5.10M	1.33M
Net Income	1.24M	-903.00K	1.66M	2.19M	32.00K
Balance Sheet
Total Assets	38.04M	37.74M	39.06M	38.36M	34.46M
Cash, Cash Equivalents and Short-Term Investments	629.00K	163.00K	325.00K	1.33M	95.00K
Total Debt	1.40M	1.99M	2.18M	2.54M	3.04M
Total Liabilities	2.27M	3.36M	3.78M	3.37M	6.51M
Stockholders Equity	35.77M	34.38M	35.28M	34.99M	27.96M
Cash Flow
Free Cash Flow	1.79M	31.00K	1.61M	-1.59M	-2.65M
Operating Cash Flow	2.67M	2.24M	4.42M	1.62M	1.39M
Investing Cash Flow	-1.42M	-2.21M	-3.49M	-2.17M	-4.04M
Financing Cash Flow	-786.00K	-193.00K	-1.93M	1.78M	2.48M

Advance ZincTek Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.95
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:ANO, the sentiment is Positive. The current price of 0.95 is below the 20-day moving average (MA) of 0.96, above the 50-day MA of 0.94, and below the 200-day MA of 0.97, indicating a bullish trend. The MACD of 0.01 indicates Negative momentum. The RSI at 74.20 is Negative, neither overbought nor oversold. The STOCH value of 23.08 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:ANO.

Advance ZincTek Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
ANO	60 Neutral	AU$61.08M	42.39	3.53%	―	24.88%	―
BKT	52 Neutral	AU$36.51M	-2.50	-15.13%	―	―	23.60%
WTM	47 Neutral	AU$190.20M	-4.59	-135.79%	―	―	―
HZR	46 Neutral	AU$107.61M	-15.94	-55.86%	―	―	64.63%
LEL	43 Neutral	AU$41.44M	-6.89	-13.86%	―	―	-12.34%
ATC	42 Neutral	AU$66.72M	-3.52	-39.14%	―	―	57.49%

Advance ZincTek Limited Corporate Events

Advance ZincTek Lodges Interim Half-Year Financial Statements

Advance ZincTek Limited has released its interim financial statements for the half year ended 31 December 2025, providing shareholders and the market with updated information on its financial performance and position. The documents include the chairman’s letter, directors’ report, reviewed financial statements and auditor’s declaration, offering a formal snapshot of the company’s mid-year results and governance disclosures.

The release signals a routine but important reporting milestone that allows investors to reassess the company’s operational progress and balance sheet strength midway through the financial year. While specific performance figures are not detailed in the announcement text, the publication of the reviewed accounts and accompanying reports underlines the company’s ongoing compliance with regulatory requirements and its commitment to transparency for stakeholders.

The most recent analyst rating on (AU:ANO) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Advance ZincTek Limited stock, see the AU:ANO Stock Forecast page.

Advance ZincTek Moves to Overturn FDA Import Alert on ANO Unit

Advance ZincTek Limited has disclosed that its subsidiary ANO has been placed on a U.S. FDA Import Alert, a move the board believes may be linked to broader tariff-related issues and follows similar actions against several other Australian manufacturers over the past 18 months. In response, the company has hired U.S.-based regulatory consultants, including former FDA officials, to review its Good Manufacturing Practice systems in Brisbane, develop a corrective action plan, and file a petition within four to eight weeks to seek removal of the alert, while indicating it does not currently expect a material financial impact unless the alert remains in place through the end of the 2026 financial year and noting that a recent television report may have influenced the regulator’s decision.

The most recent analyst rating on (AU:ANO) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Advance ZincTek Limited stock, see the AU:ANO Stock Forecast page.

Advance ZincTek Limited Defends Against Allegations on Zinc Oxide Quality

Advance ZincTek Limited has responded to allegations made in a recent television broadcast concerning the quality of its zinc oxide supplied in 2024. The company has rejected these claims as misleading and deceptive, and it plans to defend its reputation through legal channels. Despite the allegations, ANO continues to export significant quantities of zinc oxide globally, with no reported performance issues, underscoring its strong market position.

The most recent analyst rating on (AU:ANO) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Advance ZincTek Limited stock, see the AU:ANO Stock Forecast page.

Advance ZincTek Limited Announces Director’s Securities Acquisition

Advance ZincTek Limited announced a change in the director’s interest in securities, specifically for Director Lev Mizikovsky. The change involved an acquisition of 419 ordinary shares through an on-market trade, increasing Mizikovsky’s indirect holdings to 40,423,902 shares. This update reflects a minor adjustment in the director’s investment position within the company, which may indicate confidence in the company’s future prospects.

The most recent analyst rating on (AU:ANO) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Advance ZincTek Limited stock, see the AU:ANO Stock Forecast page.

Advance ZincTek Director Increases Shareholding

Advance ZincTek Limited has reported a change in the director’s interest notice, indicating a minor adjustment in the securities held by Director Lev Mizikovsky. The director acquired 675 ordinary shares through an on-market trade, bringing the total indirect holdings to 40,423,483 shares. This update reflects a slight increase in the director’s stake in the company, potentially signaling confidence in the company’s future performance.

The most recent analyst rating on (AU:ANO) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Advance ZincTek Limited stock, see the AU:ANO Stock Forecast page.

Advance ZincTek Director Increases Stake in Company

Advance ZincTek Limited has announced a change in the director’s interest, with Lev Mizikovsky acquiring an additional 103,906 ordinary shares through an on-market trade, increasing his indirect holdings to 40,422,808 shares. This acquisition reflects a strategic move by the director, potentially indicating confidence in the company’s future performance and stability, which may positively influence stakeholder perceptions.

The most recent analyst rating on (AU:ANO) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Advance ZincTek Limited stock, see the AU:ANO Stock Forecast page.