Bisalloy Steel Group Ltd (BIS) AI Stock Analysis

• Market Cap: AU$230.60M
• Dividend Yield: 7.58%
• Average Volume (3M): 106.17K
• Price to Earnings (P/E): 11.7
• Beta (1Y): 1.28
• Revenue Growth: -0.03%
• EPS Growth: 23.78%
• Country: AU
• Employees: 819
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Steel
• EPS (TTM): 0.23
• Shares Outstanding: 48,041,010
• 10 Day Avg. Volume: 99,496
• 30 Day Avg. Volume: 106,173
• PEG Ratio: 0.37
• Price to Book (P/B): 2.18
• Price to Sales (P/S): 1.16
• P/FCF Ratio: 14.51
• 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: Moderate Buy
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 78 Outperform
• Price Target: AU$6.50 ▲(35.42% Upside)

Bisalloy Steel Group Ltd has a robust financial performance with strong profitability and a stable balance sheet. The technical analysis supports a positive outlook, although caution is advised due to potential overbought conditions. The valuation is attractive with a reasonable P/E ratio and high dividend yield, making it a solid investment within the steel industry.

Positive Factors

Strong Financial Performance

Consistent revenue and profit margin growth indicate robust business operations and effective cost management, supporting long-term financial health.

Low Financial Leverage

Low financial leverage reduces risk and enhances financial stability, providing flexibility for future investments and growth opportunities.

Improved Profit Margins

Improved profit margins reflect enhanced operational efficiency and pricing power, contributing to sustainable profitability and competitive advantage.

Negative Factors

Negative Revenue Growth

Negative revenue growth suggests potential challenges in market demand or competitive pressures, which could impact future earnings and market position.

Decreasing Cash Flow

Decreasing cash flow growth may limit the company's ability to fund new projects, pay dividends, or reduce debt, impacting long-term financial flexibility.

Stable but Stagnant Cash Flow

While cash flow is stable, lack of growth could constrain the company's ability to capitalize on new opportunities or manage economic downturns effectively.

Bisalloy Steel Group Ltd Business Overview & Revenue Model

Company Description

Bisalloy 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 Money

BIS 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 presents a strong financial profile with impressive profitability and growth in its income statement, a stable and low-leverage balance sheet, and a cash flow statement that, while stable, indicates room for improvement in cash flow growth. The company is well-positioned within the steel industry, with a solid foundation for future growth and financial stability.

Income Statement

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

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

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.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	152.81M	152.81M	152.86M	153.14M	117.83M	104.83M
Gross Profit	44.05M	44.05M	38.65M	32.62M	31.07M	23.35M
EBITDA	27.13M	30.88M	25.97M	19.80M	21.89M	13.51M
Net Income	19.58M	19.58M	15.74M	12.80M	14.99M	8.81M
Balance Sheet
Total Assets	133.93M	133.93M	118.58M	112.26M	106.59M	84.31M
Cash, Cash Equivalents and Short-Term Investments	6.33M	6.33M	6.30M	2.05M	1.83M	2.35M
Total Debt	2.52M	2.52M	1.08M	5.04M	11.16M	10.38M
Total Liabilities	47.88M	47.88M	41.31M	39.70M	42.30M	35.89M
Stockholders Equity	80.94M	80.94M	72.84M	67.97M	60.36M	44.96M
Cash Flow
Free Cash Flow	12.32M	12.17M	20.19M	12.06M	3.94M	11.05M
Operating Cash Flow	13.40M	13.40M	22.04M	13.09M	4.91M	12.65M
Investing Cash Flow	-1.23M	907.00K	187.00K	922.00K	-961.00K	155.00K
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 Price: 4.80
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

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 4.8 is below the 20-day moving average (MA) of 5.15, below the 50-day MA of 5.16, and above the 200-day MA of 4.07, indicating a neutral trend. The MACD of -0.08 indicates Positive momentum. The RSI at 38.82 is Neutral, neither overbought nor oversold. The STOCH value of 5.01 is Positive, 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
BIS	78 Outperform	AU$230.60M	11.73	25.46%	7.58%	-0.03%	23.78%
CIA	74 Outperform	C$3.17B	23.15	8.25%	3.74%	0.40%	-53.09%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
VSL	61 Neutral	AU$1.06B	66.91	9.13%	0.82%	-12.17%	-61.32%
SGM	58 Neutral	AU$3.45B	-204.91	0.14%	1.29%	3.98%	70.79%
BSL	54 Neutral	AU$10.42B	124.57	0.73%	2.52%	-4.46%	-89.42%
MGX	52 Neutral	AU$495.78M	-6.27	-16.34%	―	-48.05%	-1394.34%

Bisalloy Steel Group Ltd Corporate Events

Bisalloy Steel Group Announces Director’s Share Acquisition

Bisalloy Steel Group Ltd announced a change in the director’s interest, with Rowan Melrose acquiring 70,844 new performance share rights as approved at the Annual General Meeting. This adjustment in shareholding reflects the company’s ongoing commitment to aligning executive incentives with performance targets, potentially impacting stakeholder confidence and the company’s strategic direction.

Bisalloy Steel Group Issues Performance Share Rights

Bisalloy Steel Group Ltd announced the issuance of 70,844 unquoted performance share rights under an employee incentive scheme. This move is part of the company’s strategy to motivate and retain key personnel, potentially impacting its operational efficiency and competitive positioning in the steel market.

Bisalloy Steel Group Ltd Passes All Resolutions at 2025 AGM

Bisalloy Steel Group Ltd announced the results of its 2025 Annual General Meeting, where all resolutions were passed with the required majority. Key resolutions included the adoption of the remuneration report, re-election of a director, and approval of share rights issuance, reflecting strong shareholder support and potentially reinforcing the company’s governance and strategic initiatives.

Bisalloy Steel Group Announces Dividend Distribution

Bisalloy Steel Group Ltd has announced a dividend distribution of AUD 0.164 per share, payable on December 19, 2025. This announcement reflects the company’s financial performance for the period ending June 30, 2025, and may impact shareholders by providing a return on investment, indicating a stable financial position.

Bisalloy Steel Group Highlights Financial Performance Measures in Investor Presentation

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.

Bisalloy Steel Group Ltd Announces Virtual 2025 AGM

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.

Bisalloy Steel Group Issues Performance Share Rights

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.

Bisalloy Steel Group Issues Performance Share Rights to Employees

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.

Bisalloy Steel Group Announces Director’s Interest Change

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.

Bisalloy Steel Group Issues Shares Under Incentive Plan

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.

Bisalloy Steel Group Ltd Announces Quotation of New Securities

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.