Bisalloy Steel Group Ltd (BIS) AI Stock Analysis

• Market Cap: AU$180.60M
• Dividend Yield: 9.22%
• Average Volume (3M): 64.68K
• Price to Earnings (P/E): 11.1
• Beta (1Y): 1.21
• Revenue Growth: -2.79%
• EPS Growth: 13.47%
• Country: AU
• Employees: 819
• Sector: Basic Materials
• Sector Strength: 63
• Industry: Steel
• EPS (TTM): 0.18
• Shares Outstanding: 47,903,603
• 10 Day Avg. Volume: 75,467
• 30 Day Avg. Volume: 64,676
• PEG Ratio: -0.42
• Price to Book (P/B): 1.24
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 6.99
• 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: 78 Outperform
• Price Target: AU$4.50 ▲(29.68%Upside)

Bisalloy Steel Group Ltd's strong financial performance is the most significant factor, showcasing consistent revenue growth and robust cash generation capabilities. The bullish technical indicators further support the stock's potential. Valuation metrics, particularly the high dividend yield, add to its attractiveness. Overall, the stock demonstrates a strong position for future growth with a moderate degree of caution advised due to the nearing overbought technical indicators.

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 demonstrates a strong financial position with consistent revenue growth, efficient operations, and robust cash generation capabilities. The company maintains low financial leverage and shows 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
EBITDA	23.96M	25.97M	19.80M	21.89M	13.51M	10.64M
Net Income	16.17M	15.74M	12.80M	14.99M	8.81M	6.74M
Balance Sheet
Total Assets	128.61M	118.58M	112.26M	106.59M	84.31M	86.61M
Cash, Cash Equivalents and Short-Term Investments	6.18M	6.30M	2.05M	1.83M	2.35M	672.00K
Total Debt	3.06M	1.08M	5.04M	11.16M	10.38M	16.79M
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: Positive
• Last Price: 3.47
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• 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 Positive. The current price of 3.47 is above the 20-day moving average (MA) of 3.35, above the 50-day MA of 3.37, and above the 200-day MA of 3.38, indicating a bullish trend. The MACD of -0.02 indicates Negative momentum. The RSI at 56.95 is Neutral, neither overbought nor oversold. The STOCH value of 68.16 is Neutral, 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	78 Outperform	AU$180.60M	11.13	22.95%	9.22%	-2.79%	13.47%
BSL	70 Outperform	$10.12B	18.69	5.09%	2.66%	-5.64%	-33.77%
SGM	63 Neutral	$2.94B	―	-1.24%	0.65%	-19.23%	-176.61%
CIA	61 Neutral	C$2.18B	13.53	10.03%	5.52%	-9.27%	-56.88%
MGX	61 Neutral	$330.27M	56.60	-35.86%	―	-39.92%	-249.60%
VSL	54 Neutral	AU$776.22M	36.50	13.66%	0.67%	-15.83%	-61.60%
Sector *	43 Neutral	AU$1.38B	-6.10	-40.62%	4.25%	-4.78%	-43.21%

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.