Bisalloy Steel Group Ltd (BIS) AI Stock Analysis

• Market Cap: AU$161.44M
• Dividend Yield: 5.79%
• Average Volume (3M): 62.35K
• Price to Earnings (P/E): 9.9
• Beta (1Y): 1.12
• Revenue Growth: -2.79%
• EPS Growth: 13.47%
• Country: AU
• Employees: 819
• Sector: Basic Materials
• Sector Strength: 64
• Industry: Steel
• EPS (TTM): 0.18
• Shares Outstanding: 47,903,603
• 10 Day Avg. Volume: 66,206
• 30 Day Avg. Volume: 62,349
• PEG Ratio: 3.31
• Price to Book (P/B): 2.26
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 6.91
• 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

• Rating: 74 Outperform
• Price Target: AU$4.00 ▲(18.69%Upside)

The strong financial performance of Bisalloy Steel Group Ltd is the primary driver of the overall score, reflecting consistent revenue growth and robust cash generation. The valuation is also favorable due to an attractive dividend yield. Technical analysis presents mixed signals but does not significantly detract from the stock's appeal.

Bisalloy Steel Group Ltd Business Overview & Revenue Model

Company Description

Bisalloy Steel Group Ltd (BIS) is an Australian company specializing in the production of high-strength, wear-resistant, and armor-grade steel products. With its headquarters in Unanderra, New South Wales, the company serves a diverse range of sectors including defense, mining, construction, and energy. Bisalloy's core products include quenched and tempered steel plates which are known for their superior performance in demanding applications.

How the Company Makes Money

Bisalloy Steel Group Ltd generates revenue primarily through the manufacture and sale of its specialized steel products. The company operates a revenue model centered around the production and distribution of high-performance steel plates that are sold to industries requiring durable and resilient materials. Key revenue streams include direct sales to industries such as mining, construction, and defense sectors, where their products are utilized for applications like heavy machinery, structural components, and protective armor. Significant partnerships with international distributors and joint ventures also contribute to its earnings by expanding its market reach and enhancing its product offerings. Additionally, Bisalloy benefits from long-term contracts and relationships with key clients, which provide a stable revenue base.

Bisalloy Steel Group Ltd Financial Statement Overview

Summary

Bisalloy Steel Group Ltd exhibits a strong financial position with consistent revenue growth, efficient operations, and robust cash generation capabilities. The company maintains a low level of financial leverage, with continuous improvement in profitability metrics and cash flow ratios, indicating a promising trajectory for future growth and stability.

Income Statement

Bisalloy Steel Group Ltd shows a strong income statement with consistent revenue growth over the years. The company has maintained a healthy Gross Profit Margin and improved its Net Profit Margin, demonstrating efficient cost management. The latest EBIT and EBITDA margins are robust, reflecting strong operational performance.

Balance Sheet

The balance sheet presents a solid financial structure with a low Debt-to-Equity ratio, indicating conservative financial leverage. The Return on Equity is impressive, which suggests efficient use of equity. The equity ratio is healthy, enhancing financial stability, although some fluctuations in total debt have been observed over the years.

Cash Flow

Cash flow analysis reveals a strong Free Cash Flow Growth Rate, indicating robust cash generation capabilities. The Operating Cash Flow to Net Income ratio is healthy, showing that the company effectively translates its earnings into cash. The Free Cash Flow to Net Income ratio further supports the company’s ability to generate cash relative to its earnings.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
147.15M	152.86M	153.14M	117.83M	104.83M	110.72M
	Gross Profit
40.22M	38.65M	32.62M	31.07M	23.35M	23.55M
	EBIT
21.62M	19.11M	17.45M	19.44M	11.27M	9.01M
	EBITDA
23.96M	25.97M	19.80M	21.89M	13.51M	10.64M
	Net Income Common Stockholders
16.17M	15.74M	12.80M	14.99M	8.81M	6.74M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
6.18M	6.30M	2.05M	1.83M	2.35M	672.00K
	Total Assets
128.61M	118.58M	112.26M	106.59M	84.31M	86.61M
	Total Debt
3.06M	1.08M	5.04M	11.16M	10.38M	16.79M
	Net Debt
-3.12M	-5.22M	2.99M	9.33M	8.03M	16.11M
	Total Liabilities
51.69M	41.31M	39.70M	42.30M	35.89M	44.02M
	Stockholders Equity
71.73M	72.84M	67.97M	60.36M	44.96M	38.70M
Cash Flow		Free Cash Flow
23.14M	20.05M	12.06M	3.94M	11.05M	-4.22M
	Operating Cash Flow
24.87M	22.04M	13.09M	4.91M	12.65M	-2.00M
	Investing Cash Flow
405.00K	187.00K	-1.03M	-961.00K	-1.60M	-2.22M
	Financing Cash Flow
-19.78M	-17.91M	-11.89M	-4.51M	-9.16M	2.83M

Bisalloy Steel Group Ltd Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 3.37
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:BIS, the sentiment is Negative. The current price of 3.37 is below the 20-day moving average (MA) of 3.46, above the 50-day MA of 3.32, and above the 200-day MA of 3.35, indicating a neutral trend. The MACD of 0.03 indicates Positive momentum. The RSI at 46.50 is Neutral, neither overbought nor oversold. The STOCH value of 36.43 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:BIS.

Bisalloy Steel Group Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AUB	75 Outperform	AU$4.12B	35.52	7.96%	2.56%	6.53%	-8.63%
BIS	74 Outperform	AU$161.44M	9.95	22.95%	5.79%	-2.79%	13.47%
WOR	73 Outperform	AU$6.92B	18.17	6.85%	4.07%	-5.64%	―
BXB	69 Neutral	$31.47B	25.30	26.45%	2.55%	3.86%	―
AMC	68 Neutral	AU$32.09B	16.39	20.24%	5.62%	-1.42%	25.16%
ORI	67 Neutral	$9.20B	93.65	2.30%	3.60%	4.50%	-81.89%
Sector *	51 Neutral	$2.02B	-1.14	-21.36%	3.64%	2.88%	-30.57%

Bisalloy Steel Group Ltd Corporate Events

Bisalloy Steel Group Announces Interim Dividend

Bisalloy Steel Group Ltd has announced a fully franked interim dividend of AUD 0.08 per share, relating to the six-month period ending December 31, 2024. This distribution reflects the company’s ongoing commitment to returning value to shareholders and may enhance its attractiveness to investors, potentially impacting its market positioning positively.