Bisalloy Steel Group Ltd (BIS) AI Stock Analysis

• Market Cap: AU$195.45M
• Dividend Yield: 7.55%
• Average Volume (3M): 92.60K
• Price to Earnings (P/E): 12.5
• Beta (1Y): 1.26
• Revenue Growth: -2.79%
• EPS Growth: 13.47%
• Country: AU
• Employees: 819
• Sector: Basic Materials
• Sector Strength: 65
• Industry: Steel
• EPS (TTM): 0.18
• Shares Outstanding: 47,903,603
• 10 Day Avg. Volume: 106,504
• 30 Day Avg. Volume: 92,600
• PEG Ratio: 3.96
• Price to Book (P/B): 2.70
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 8.28
• 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: AU$4.00
• Price Target Upside: -5.66% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 76 Outperform
• Price Target: AU$4.50 ▲(6.13%Upside)

Bisalloy Steel Group Ltd's strong financial performance, combined with solid technical indicators and a fair valuation, contributes to a robust overall score. The potential for short-term pullback due to overbought technical signals is a minor risk, but the stable financial position and attractive dividend yield strengthen 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 and distribution of high-tensile, abrasion-resistant, and armor-grade steel plates. Founded in 1980, Bisalloy serves various sectors including mining, construction, defense, and energy, providing steel solutions that require superior strength and durability. The company is headquartered in Unanderra, New South Wales, and has established a strong reputation for manufacturing top-quality steel products that meet rigorous industry standards.

How the Company Makes Money

Bisalloy Steel Group Ltd generates revenue primarily through the manufacturing and sale of specialty steel products. Its key revenue streams include domestic and international sales of high-performance steel plates tailored for industrial applications, such as mining equipment, construction machinery, and military vehicles. The company also benefits from strategic partnerships and collaborations with global steel companies and distributors, which help expand its market reach and improve distribution efficiency. Additionally, Bisalloy invests in research and development to innovate and enhance its product offerings, ensuring it meets the evolving demands of its diverse clientele. This focus on quality and innovation enables Bisalloy to maintain competitive pricing and secure contracts with major industrial and defense clients.

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 low financial leverage and continuous improvements in profitability metrics indicate 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	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	152.86M	153.14M	117.83M	104.83M	110.72M
Gross Profit	38.65M	32.62M	31.07M	23.35M	23.55M
EBITDA	25.97M	19.80M	21.89M	13.51M	10.64M
Net Income	15.74M	12.80M	14.99M	8.81M	6.74M
Balance Sheet
Total Assets	118.58M	112.26M	106.59M	84.31M	86.61M
Cash, Cash Equivalents and Short-Term Investments	6.30M	2.05M	1.83M	2.35M	672.00K
Total Debt	1.08M	5.04M	11.16M	10.38M	16.79M
Total Liabilities	41.31M	39.70M	42.30M	35.89M	44.02M
Stockholders Equity	72.84M	67.97M	60.36M	44.96M	38.70M
Cash Flow
Free Cash Flow	20.05M	12.06M	3.94M	11.05M	-4.22M
Operating Cash Flow	22.04M	13.09M	4.91M	12.65M	-2.00M
Investing Cash Flow	187.00K	-1.03M	-961.00K	-1.60M	-2.22M
Financing Cash Flow	-17.91M	-11.89M	-4.51M	-9.16M	2.83M

Bisalloy Steel Group Ltd Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 4.24
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:BIS, the sentiment is Positive. The current price of 4.24 is above the 20-day moving average (MA) of 3.81, above the 50-day MA of 3.56, and above the 200-day MA of 3.44, indicating a bullish trend. The MACD of 0.19 indicates Negative momentum. The RSI at 68.76 is Neutral, neither overbought nor oversold. The STOCH value of 83.24 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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
BIS	76 Outperform	AU$195.45M	12.52	22.95%	7.55%	-2.79%	13.47%
BSL	70 Outperform	$10.41B	19.51	5.09%	2.53%	-5.64%	-33.77%
CIA	70 Neutral	AU$2.51B	15.55	10.03%	4.95%	3.05%	-40.65%
MGX	66 Neutral	$389.25M	56.60	-35.86%	―	-39.92%	-249.60%
SGM	63 Neutral	$3.16B	―	-1.24%	0.61%	-19.23%	-176.61%
VSL	57 Neutral	AU$864.51M	40.72	13.66%	0.71%	-15.83%	-61.60%
Sector *	44 Neutral	AU$1.45B	-6.10	-40.74%	3.85%	-3.45%	-41.76%

Bisalloy Steel Group Ltd Corporate Events

Samuel Terry Asset Management Reduces Stake in Bisalloy Steel Group

Samuel Terry Asset Management Pty Ltd, a substantial holder in Bisalloy Steel Group Ltd, has reduced its voting power from 12.25% to 11.06% due to a series of on-market sales of ordinary shares. This change reflects a strategic adjustment in their investment, potentially impacting the company’s shareholder dynamics and market perception.