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Bisalloy Steel Group Ltd (AU:BIS)
ASX:BIS
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Bisalloy Steel Group Ltd (BIS) AI Stock Analysis

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AU:BIS

Bisalloy Steel Group Ltd

(Sydney:BIS)

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Outperform 74 (OpenAI - 4o)
Rating:74Outperform
Price Target:
AU$5.50
▲(8.48% Upside)
Bisalloy Steel Group Ltd scores well due to its strong financial performance and attractive valuation, with a solid dividend yield and reasonable P/E ratio. However, technical indicators suggest a lack of strong upward momentum, which slightly tempers the overall score.

Bisalloy Steel Group Ltd (BIS) vs. iShares MSCI Australia ETF (EWA)

Bisalloy Steel Group Ltd Business Overview & Revenue Model

Company DescriptionBisalloy Steel Group Limited engages in the manufacture and sale of quenched and tempered, high-tensile, and abrasion resistant steel plates under the BISALLOY brand name. It offers wear, structural, and armor grade specialty steels. The company also provides protection steel products. It serves mining, construction, general fabrication, and pressure vessel defense industries. The company markets its products through distributors and agents, as well as directly to original equipment manufacturers in Australia and internationally. Further, it exports to Asia, the Middle East, Europe, North America, and South America. Bisalloy Steel Group Limited was founded in 1980 and is headquartered in Unanderra, Australia.
How the Company Makes MoneyBIS generates revenue primarily through the sale of its high-performance steel products, with key revenue streams including direct sales to end-users in various sectors such as mining, construction, and defense. The company also benefits from long-term contracts with major clients, ensuring a steady flow of orders. Additionally, BIS engages in strategic partnerships and collaborations with industry players, which enhance its market reach and product offerings. The company's focus on innovation and quality assurance further supports its pricing power in the competitive steel market, leading to sustainable profitability.

Bisalloy Steel Group Ltd Financial Statement Overview

Summary
Bisalloy Steel Group Ltd demonstrates strong financial performance with consistent revenue and profit margin growth. The balance sheet is robust with low leverage, and while cash flow is stable, there is room for improvement in growth.
Income Statement
85
Very Positive
Bisalloy Steel Group Ltd has shown consistent revenue growth over the years, with a notable increase in gross profit margin from 21.3% in 2020 to 28.8% in 2025. The net profit margin has also improved significantly, reaching 12.8% in 2025. The EBIT and EBITDA margins have shown a positive trend, indicating strong operational efficiency. Overall, the company demonstrates robust profitability and growth in its income statement.
Balance Sheet
78
Positive
The company's balance sheet reflects a strong equity position with a low debt-to-equity ratio of 0.03 in 2025, indicating low financial leverage and reduced risk. The return on equity has been consistently high, reaching 24.2% in 2025, showcasing effective use of equity to generate profits. The equity ratio remains healthy, suggesting a stable financial structure.
Cash Flow
70
Positive
While the operating cash flow has decreased from 2024 to 2025, the company maintains a solid free cash flow to net income ratio of 0.91, indicating efficient cash generation relative to net income. However, the free cash flow growth rate has been negative, suggesting potential challenges in cash flow management. Overall, the cash flow statement shows stability but highlights areas for improvement in cash flow growth.
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue152.81M152.81M152.86M153.14M117.83M104.83M
Gross Profit44.05M44.05M38.65M32.62M31.07M23.35M
EBITDA27.13M30.88M25.97M19.80M21.89M13.51M
Net Income19.58M19.58M15.74M12.80M14.99M8.81M
Balance Sheet
Total Assets133.93M133.93M118.58M112.26M106.59M84.31M
Cash, Cash Equivalents and Short-Term Investments6.33M6.33M6.30M2.05M1.83M2.35M
Total Debt2.52M2.52M1.08M5.04M11.16M10.38M
Total Liabilities47.88M47.88M41.31M39.70M42.30M35.89M
Stockholders Equity80.94M80.94M72.84M67.97M60.36M44.96M
Cash Flow
Free Cash Flow12.32M12.17M20.19M12.06M3.94M11.05M
Operating Cash Flow13.40M13.40M22.04M13.09M4.91M12.65M
Investing Cash Flow-1.23M907.00K187.00K922.00K-961.00K155.00K
Financing Cash Flow-14.21M-14.21M-17.91M-11.89M-4.51M-9.16M

Bisalloy Steel Group Ltd Technical Analysis

Technical Analysis Sentiment
Negative
Last Price5.07
Price Trends
50DMA
5.22
Negative
100DMA
4.53
Positive
200DMA
3.88
Positive
Market Momentum
MACD
-0.07
Positive
RSI
39.95
Neutral
STOCH
24.33
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 5.07 is below the 20-day moving average (MA) of 5.41, below the 50-day MA of 5.22, and above the 200-day MA of 3.88, indicating a neutral trend. The MACD of -0.07 indicates Positive momentum. The RSI at 39.95 is Neutral, neither overbought nor oversold. The STOCH value of 24.33 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

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
AU$257.02M13.1025.46%7.40%-0.03%23.78%
C$2.51B26.348.25%4.09%0.40%-53.09%
$10.43B7.12-0.05%2.87%2.86%-36.73%
AU$1.06B67.289.13%0.84%-12.17%-61.32%
$3.06B0.14%1.45%3.98%70.79%
AU$10.04B119.960.73%2.62%-4.46%-89.42%
AU$424.95M-16.34%-48.05%-1394.34%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:BIS
Bisalloy Steel Group Ltd
4.97
2.04
69.62%
AU:CIA
Champion Iron
5.54
-0.34
-5.78%
AU:BSL
Bluescope Steel
22.90
2.86
14.27%
AU:MGX
Mount Gibson Iron Limited
0.36
0.04
12.50%
AU:SGM
Sims
15.96
3.55
28.57%
AU:VSL
Vulcan Steel Ltd.
7.25
-0.30
-3.97%

Bisalloy Steel Group Ltd Corporate Events

Bisalloy Steel Group Highlights Financial Performance Measures in Investor Presentation
Oct 13, 2025

Bisalloy Steel Group Ltd has released an investor presentation that emphasizes the company’s use of non-IFRS financial measures to evaluate its performance. The presentation includes forward-looking statements that outline potential future earnings and performance, while also highlighting the inherent risks and uncertainties that could impact actual results. Stakeholders are advised to consider both IFRS and non-IFRS measures when assessing the company’s financial health.

The most recent analyst rating on (AU:BIS) stock is a Buy with a A$6.00 price target. To see the full list of analyst forecasts on Bisalloy Steel Group Ltd stock, see the AU:BIS Stock Forecast page.

Bisalloy Steel Group Ltd Announces Virtual 2025 AGM
Oct 3, 2025

Bisalloy Steel Group Ltd has announced its 2025 Annual General Meeting, scheduled for November 6, 2025, to be held virtually. This meeting is crucial for stakeholders as it provides insights into the company’s strategic direction and operational updates, potentially impacting its market positioning and stakeholder interests.

The most recent analyst rating on (AU:BIS) stock is a Buy with a A$6.00 price target. To see the full list of analyst forecasts on Bisalloy Steel Group Ltd stock, see the AU:BIS Stock Forecast page.

Bisalloy Steel Group Issues Performance Share Rights
Oct 3, 2025

Bisalloy Steel Group Ltd announced the issuance of 75,632 unquoted performance share rights as part of an employee incentive scheme. This move is aimed at aligning employee interests with company performance and enhancing motivation, potentially impacting the company’s operational efficiency and market positioning positively.

The most recent analyst rating on (AU:BIS) stock is a Buy with a A$6.00 price target. To see the full list of analyst forecasts on Bisalloy Steel Group Ltd stock, see the AU:BIS Stock Forecast page.

Bisalloy Steel Group Issues Performance Share Rights to Employees
Sep 15, 2025

Bisalloy Steel Group Ltd has announced the issuance of 92,300 unquoted performance share rights as part of an employee incentive scheme. This move is aimed at enhancing employee engagement and aligning their interests with the company’s long-term goals, potentially impacting the company’s operational efficiency and market competitiveness.

The most recent analyst rating on (AU:BIS) stock is a Buy with a A$4.50 price target. To see the full list of analyst forecasts on Bisalloy Steel Group Ltd stock, see the AU:BIS Stock Forecast page.

Bisalloy Steel Group Announces Director’s Interest Change
Sep 12, 2025

Bisalloy Steel Group Ltd announced a change in the director’s interest, specifically involving Rowan Melrose. The change involved the vesting of 120,296 performance share rights from FY23, which were satisfied half in cash and half in shares. This adjustment resulted in Melrose acquiring 60,148 ordinary shares while disposing of an equivalent number of performance share rights. The transaction reflects the company’s long-term incentive plan (LTIP) rules, potentially impacting the company’s stock distribution and director’s equity stake.

The most recent analyst rating on (AU:BIS) stock is a Buy with a A$4.50 price target. To see the full list of analyst forecasts on Bisalloy Steel Group Ltd stock, see the AU:BIS Stock Forecast page.

Bisalloy Steel Group Issues Shares Under Incentive Plan
Sep 12, 2025

Bisalloy Steel Group Ltd has issued 137,412 fully paid ordinary shares to fulfill vested performance rights under its Long Term Incentive Plan. This issuance, which includes shares allocated to key executives, signifies the company’s commitment to rewarding its leadership and aligning their interests with shareholders, potentially impacting its operational focus and market positioning.

The most recent analyst rating on (AU:BIS) stock is a Buy with a A$4.50 price target. To see the full list of analyst forecasts on Bisalloy Steel Group Ltd stock, see the AU:BIS Stock Forecast page.

Bisalloy Steel Group Ltd Announces Quotation of New Securities
Sep 12, 2025

Bisalloy Steel Group Ltd has announced the quotation of 137,412 fully paid ordinary securities on the ASX, issued under an employee incentive scheme. This move could enhance employee engagement and align interests with shareholders, potentially strengthening the company’s market position and operational focus.

The most recent analyst rating on (AU:BIS) stock is a Buy with a A$4.50 price target. To see the full list of analyst forecasts on Bisalloy Steel Group Ltd stock, see the AU:BIS Stock Forecast page.

Bisalloy Steel Group Reports Strong FY25 Results and Outlines Growth Strategy for FY26
Aug 28, 2025

Bisalloy Steel Group Ltd reported a strong financial performance for FY25, with a 19.5% increase in operating EBITDA to $31.9 million and a 24.8% rise in net profit after tax to $19.6 million. Despite challenges in the Australian market due to reduced demand in Western Australia, the company benefited from increased activity in the gold sector and AUKUS-related deliveries. The Chinese Joint Venture and overseas distribution, particularly in Southeast Asia, contributed significantly to the company’s growth. Looking ahead to FY26, Bisalloy plans to focus on expanding in China and Southeast Asia, growing its Armour & Protection steel segment, and commercializing its OptiWear digital sensor technology.

The most recent analyst rating on (AU:BIS) stock is a Buy with a A$4.50 price target. To see the full list of analyst forecasts on Bisalloy Steel Group Ltd stock, see the AU:BIS Stock Forecast page.

Bisalloy Steel Group Ltd Releases 2025 Corporate Governance Statement
Aug 28, 2025

Bisalloy Steel Group Ltd has released its 2025 Corporate Governance Statement, demonstrating its commitment to ethical business conduct and adherence to the ASX Corporate Governance Principles and Recommendations. The statement outlines the company’s governance practices for the financial year ending June 30, 2025, and highlights any deviations from the recommended practices, providing reasons for such deviations. This release underscores Bisalloy’s dedication to maintaining high governance standards, which is crucial for its industry positioning and stakeholder trust.

The most recent analyst rating on (AU:BIS) stock is a Buy with a A$4.50 price target. To see the full list of analyst forecasts on Bisalloy Steel Group Ltd stock, see the AU:BIS Stock Forecast page.

Bisalloy Steel Group Ltd Achieves 24.4% Profit Growth Amidst Challenging Market Conditions
Aug 28, 2025

Bisalloy Steel Group Ltd reported a 24.4% increase in profit after tax attributable to members for FY25, despite a decline in Australian production and sales due to reduced demand in Western Australia. The company benefited from higher gold prices, increased defense demand, and steady performance in its international subsidiaries and joint ventures, particularly in Indonesia, Thailand, and China. The company’s financial results were further bolstered by AUKUS-related deliveries and a profitable contribution from its Chinese joint venture.

The most recent analyst rating on (AU:BIS) stock is a Buy with a A$4.50 price target. To see the full list of analyst forecasts on Bisalloy Steel Group Ltd stock, see the AU:BIS 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: Oct 31, 2025