Downer EDI Limited (AU:DOW)
ASX:DOW
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Downer EDI Limited
(Sydney:DOW)
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Rating:64Neutral
Price Target:
AU$9.00
▲(22.45% Upside)
Action:Reiterated
Date:10/22/25
Downer EDI Limited's overall stock score is driven by stable financial performance and positive technical indicators. However, the high P/E ratio suggests potential overvaluation, and the overbought technical signals indicate a risk of short-term price correction. The lack of earnings call and corporate events data limits further insights.
Positive Factors
Recurring O&M and multi-year contracts
Downer's business mix includes long-term operations and maintenance contracts that produce recurring, contractually-backed revenue streams. This reduces reliance on one-off project wins, supports steadier cash flows, and strengthens revenue predictability over multi-year horizons for infrastructure clients.
Negative Factors
Revenue decline
Revenue contraction near 5% signals challenges in topline momentum and contract win rates. Persistently falling revenue can undermine fixed-cost coverage, reduce scale benefits in operations, and limit reinvestment capacity, pressuring growth prospects and long-term profitability.
Read all positive and negative factors
Positive Factors
Negative Factors
Recurring O&M and multi-year contracts
Downer's business mix includes long-term operations and maintenance contracts that produce recurring, contractually-backed revenue streams. This reduces reliance on one-off project wins, supports steadier cash flows, and strengthens revenue predictability over multi-year horizons for infrastructure clients.
Read all positive factors
Downer EDI Limited (DOW) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$5.27B
Dividend Yield3.11%
Average Volume (3M)1.75M
Price to Earnings (P/E)33.8
Beta (1Y)0.89
Revenue Growth-4.99%
EPS Growth120.98%
CountryAU
Employees26,000
SectorIndustrials
Sector Strength72
IndustryEngineering & Construction
Share Statistics
EPS (TTM)0.24
Shares Outstanding659,666,300
10 Day Avg. Volume1,174,070
30 Day Avg. Volume1,745,792
Financial Highlights & Ratios
PEG Ratio0.22
Price to Book (P/B)2.05
Price to Sales (P/S)0.40
P/FCF Ratio9.63
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.43
Revenue Forecast (FY)AU$10.22B
Downer EDI Limited Business Overview & Revenue Model
Company Description
Downer EDI Limited operates as an integrated facilities management services provider in Australia, New Zealand, and internationally. Its Transport segment provides road network management; routine road maintenance; asset management systems; spray ...
How the Company Makes Money
Downer EDI Limited generates revenue through multiple streams, primarily from its contracts and service agreements in the sectors it operates in. The company earns money by providing services such as maintenance and repair of infrastructure, proje...
Downer EDI Limited Financial Statement Overview
Summary
Income Statement
65
Positive
Balance Sheet
60
Neutral
Cash Flow
58
Neutral
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 10.11B | 10.48B | 10.97B | 11.64B | 10.95B | 11.51B |
| Gross Profit | 1.28B | 9.04B | 1.28B | 1.28B | 1.21B | 1.44B |
| EBITDA | 616.90M | 616.00M | 512.70M | 60.70M | 645.80M | 806.90M |
| Net Income | 160.80M | 136.70M | 69.10M | -385.70M | 151.60M | 181.60M |
Balance Sheet | ||||||
| Total Assets | 6.08B | 6.48B | 7.06B | 7.48B | 7.64B | 8.32B |
| Cash, Cash Equivalents and Short-Term Investments | 683.40M | 839.70M | 856.70M | 889.10M | 738.50M | 811.40M |
| Total Debt | 1.60B | 1.54B | 1.81B | 2.13B | 1.91B | 2.14B |
| Total Liabilities | 3.93B | 4.24B | 4.80B | 5.19B | 4.83B | 5.36B |
| Stockholders Equity | 1.97B | 2.06B | 2.08B | 2.29B | 2.81B | 2.95B |
Cash Flow | ||||||
| Free Cash Flow | 457.30M | 439.60M | 397.80M | 55.20M | 215.60M | 423.40M |
| Operating Cash Flow | 569.20M | 562.50M | 544.10M | 318.20M | 495.40M | 708.70M |
| Investing Cash Flow | 24.70M | -29.10M | -29.30M | -86.70M | 38.40M | 35.90M |
| Financing Cash Flow | -543.50M | -536.50M | -566.60M | -80.70M | -600.20M | -523.20M |
Downer EDI Limited Technical Analysis
Positive
7.35
Price Trends
7.70
Positive
7.77
Positive
7.59
Positive
Market Momentum
0.09
Negative
63.62
Neutral
94.84
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:DOW, the sentiment is Positive. The current price of 7.35 is below the 20-day moving average (MA) of 7.77, below the 50-day MA of 7.70, and below the 200-day MA of 7.59, indicating a bullish trend. The MACD of 0.09 indicates Negative momentum. The RSI at 63.62 is Neutral, neither overbought nor oversold. The STOCH value of 94.84 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:DOW.
Downer EDI Limited Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
81 Outperform | AU$2.04B | 36.68 | 27.29% | 0.57% | 50.42% | 92.71% | |
66 Neutral | AU$1.80B | 23.48 | 8.79% | 1.30% | 34.24% | 1.87% | |
66 Neutral | AU$1.92B | 34.91 | 13.26% | 1.85% | 22.85% | 30.32% | |
65 Neutral | AU$3.09B | 29.14 | 20.27% | 2.65% | 26.80% | 40.18% | |
64 Neutral | AU$5.27B | 33.78 | 7.97% | 3.11% | -4.99% | 120.98% | |
64 Neutral | AU$3.44B | 71.62 | 7.79% | 3.20% | 14.40% | -57.82% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% |
* Industrials Sector Average
AU:DOW
Downer EDI Limited
8.13
2.29
39.19%
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Downer EDI Limited Corporate Events
Downer EDI Cancels Nearly 2 Million Shares in On-Market Buy-Back
May 28, 2026
Downer EDI Limited has cancelled 1,968,411 ordinary fully paid shares as part of an on-market buy-back completed on May 4, 2026. The reduction in issued capital is expected to marginally enhance earnings per share and reflects ongoing capital mana...
Downer EDI Continues Daily On‑Market Share Buy‑Back
May 28, 2026
Downer EDI Limited has provided an updated notification to the ASX regarding its ongoing on-market share buy-back program for its ordinary fully paid shares. The latest filing reports that, as of 29 May 2026, the company had repurchased a total of...
Downer EDI Updates Market on Progress of On-Market Share Buy-Back
May 27, 2026
Downer EDI Limited has provided an updated notification to the Australian Securities Exchange confirming the ongoing execution of its on-market share buy-back program for ordinary fully paid shares under the code DOW. The update, dated 28 May 2026...
Downer EDI Issues New Tranche of Unquoted Performance Rights
May 26, 2026
Downer EDI Limited has notified the market of the issue of 114,599 unquoted performance rights under its employee incentive scheme, effective 17 April 2026. The rights, which will not be quoted on the ASX, form part of the company’s broader ...
Downer EDI Updates Market on Progress of On-Market Share Buy-Back
May 25, 2026
Downer EDI Limited has provided an updated notification to the market regarding its ongoing on-market share buy-back program for its ordinary fully paid shares. The latest daily update, dated 26 May 2026, confirms that a total of 11,578,595 securi...
Downer EDI Updates Market on Ongoing On‑Market Share Buy‑Back
May 24, 2026
Downer EDI Limited has provided an update on its on-market share buy-back, confirming that it is repurchasing its ordinary fully paid shares under an existing program first notified in August 2025. The company reported that a total of 11,482,563 s...
Downer EDI Continues On‑Market Share Buy‑Back With Daily Update
May 22, 2026
Downer EDI Limited has provided an update on its on‑market share buy‑back, confirming that it repurchased 167,787 ordinary fully paid shares on the previous trading day. This lifts the total number of shares bought back under the curre...
Downer EDI Updates Market on Progress of On-Market Share Buy-Back
May 21, 2026
Downer EDI Limited has provided an updated notification to the ASX regarding its ongoing on-market share buy-back program for its ordinary fully paid shares under code DOW. The latest daily disclosure shows that, as of the previous day, the compan...
Downer EDI Provides Daily Update on Ongoing On-Market Share Buy-Back
May 12, 2026
Downer EDI Limited has issued an updated notification to the ASX regarding its ongoing on-market share buy-back program for its ordinary fully paid shares. The latest daily update reports that the company had repurchased a total of 10,416,313 shar...
Downer EDI Updates Market on Progress of On‑Market Share Buy‑Back
May 11, 2026
Downer EDI Limited has reported an update to its on-market share buy-back program, confirming that a total of 10,231,417 ordinary fully paid shares had been repurchased before the previous day. The company also disclosed that it bought back a furt...
Macquarie exits substantial holding position in Downer EDI
May 11, 2026
Macquarie Group Limited has lodged a notice stating it and its controlled entities have ceased to be substantial holders in Downer EDI Limited, an Australian-listed company. The filing, signed by Macquarie assistant company secretary Olivia Shephe...
Downer EDI Updates Market on Progress of On-Market Share Buy-Back
May 10, 2026
Downer EDI Limited has updated the market on the progress of its on-market share buy-back program for ordinary fully paid shares. The company reported that it had repurchased a cumulative total of 10,150,822 shares prior to the previous trading da...
Downer EDI Issues Daily Update on Ongoing On‑Market Share Buy‑Back
May 6, 2026
Downer EDI Limited has provided an updated notification to the ASX regarding its ongoing on-market share buy-back of ordinary fully paid shares under the code DOW. The update, dated 7 May 2026, forms part of a series of daily buy-back notification...
Downer EDI Updates Market on Progress of On‑Market Share Buy‑Back
May 5, 2026
Downer EDI Limited has provided an updated notification to the ASX regarding its ongoing on-market share buy-back of ordinary fully paid securities. The latest daily report shows that the company had repurchased a cumulative 10,058,116 shares befo...
Downer EDI Updates Market on Progress of On-Market Share Buy-Back
May 4, 2026
Downer EDI Limited has provided an update on its ongoing on-market share buy-back, covering its ordinary fully paid shares traded under the ASX code DOW. The company is required to lodge daily notifications with the exchange and has indicated this...
Macquarie Group Ceases to Be Substantial Holder in Downer EDI
May 4, 2026
Macquarie Group Limited and a range of its controlled entities have lodged a notice stating they have ceased to be a substantial holder in Downer EDI Limited. The filing, made under Australia’s Corporations Act, indicates a reduction in Macq...
Perpetual exits substantial holder position in Downer EDI
Apr 28, 2026
Perpetual Limited and its related bodies corporate have notified Downer EDI Limited that they have ceased to be a substantial holder in the company as of 24 April 2026. The change in relevant interests, detailed in accompanying schedules, indicate...
Downer boosts funding flexibility with A$400m seven-year note issue
Apr 22, 2026
Downer EDI Limited has raised A$400 million through a seven-year Medium Term Note issue priced at 6.488% under its A$1.25 billion Debt Issuance Programme, following strong demand from domestic and international fixed income investors. The deal, le...
Downer EDI Cancels Shares Under On-Market Buy-Back
Apr 7, 2026
Downer EDI Limited has cancelled 144,242 ordinary fully paid shares following completion of an on-market buy-back, effective 13 March 2026. The reduction in issued capital forms part of the company’s broader capital management strategy and i...
Macquarie Group Ceases to Be Substantial Holder in Downer EDI
Mar 27, 2026
Macquarie Group Limited and its controlled entities have lodged a notice that they have ceased to be substantial holders in Downer EDI Limited, under Australia’s Corporations Act disclosure regime. The filing, signed by Macquarie’s com...
Macquarie Group Ceases to Be Substantial Holder in Downer EDI
Mar 16, 2026
Macquarie Group Limited and a wide range of its controlled entities have lodged a notice stating they have ceased to be a substantial holder in Downer EDI Limited. The filing, made under section 671B of the Corporations Act, signals that Macquarie...
Downer EDI Continues On-Market Share Buy-Back Program
Mar 15, 2026
Downer EDI Limited has provided an updated notification to the ASX confirming the ongoing execution of its on-market share buy-back program for ordinary fully paid shares under code DOW. The latest daily report, dated 16 March 2026, discloses that...
Downer EDI Cancels 1.36 Million Shares After On‑Market Buy‑Back
Mar 12, 2026
Downer EDI Limited has cancelled 1,364,448 ordinary fully paid shares following an on-market buy-back completed on 20 February 2026. The reduction in issued capital, formally notified to the ASX, marginally increases the ownership percentage of re...
Downer EDI Updates Market on Progress of On-Market Share Buy-Back
Mar 12, 2026
Downer EDI Limited has provided an updated notification to the ASX regarding its ongoing on-market share buy-back program for its ordinary fully paid shares. The update, dated 13 March 2026, reports that a total of 9,540,808 shares had been bought...
Downer EDI Updates Market on Progress of On-Market Share Buy-Back
Mar 11, 2026
Downer EDI Limited has provided an updated notification to the ASX regarding its ongoing on-market share buy-back of ordinary fully paid shares under code DOW. The update, dated 12 March 2026, confirms that the company repurchased 245,478 shares o...
Downer EDI Issues Daily Update on Ongoing Share Buy-Back
Mar 9, 2026
Downer EDI Limited has provided an updated notification to the ASX regarding its ongoing on-market share buy-back program for its ordinary fully paid shares. The company reported that a cumulative total of 8,912,206 shares had been repurchased pri...
Downer EDI director Annette Carey acquires first indirect stake
Mar 9, 2026
Downer EDI Limited has disclosed a change in director Annette Carey’s relevant interests, with the filing noting that she now holds an indirect beneficial interest in 10,000 ordinary shares. The shares are held via Sandose Pty Ltd as trustee...
Downer EDI Continues On-Market Share Buy-Back Program
Mar 8, 2026
Downer EDI Limited has provided an updated notification to the ASX confirming ongoing on-market buy-back activity for its ordinary fully paid shares under an existing program first announced on 21 August 2025. The latest daily update dated 9 March...
Downer EDI Updates NZ Dollar Terms on Interim Dividend
Mar 6, 2026
Downer EDI Limited has updated its previously announced dividend notification for holders of its ordinary fully paid shares, relating to the six-month period ended 31 December 2025. The update, dated 6 March 2026, specifically reflects a revision ...
Downer EDI Issues Daily Update on Ongoing On-Market Share Buy-Back
Mar 4, 2026
Downer EDI Limited has provided a daily update on its ongoing on-market share buy-back program for its ordinary fully paid shares. As of 5 March 2026, the company reported that it had repurchased a cumulative total of 8,723,318 shares prior to the...
Downer EDI updates director Peter Tompkins’ share and performance rights holdings
Mar 3, 2026
Downer EDI Limited has disclosed a change in the equity interests of director Peter John Tompkins, detailing an updated mix of directly and indirectly held ordinary shares and performance rights. The indirect interests are held through the trustee...
Downer EDI Issues 1.6m Unquoted Performance Rights Under Incentive Scheme
Mar 3, 2026
Downer EDI Limited has notified the market of the issue of 1,615,917 unquoted performance rights under its employee incentive scheme, effective 27 February 2026. These securities, which are not intended to be quoted on the ASX, reflect the company...
Downer EDI Updates Market on Progress of Ongoing Share Buy‑Back
Mar 3, 2026
Downer EDI Limited has provided an updated notification to the ASX regarding its ongoing on‑market share buy‑back program for its ordinary fully paid shares. The update, dated 4 March 2026, confirms that a total of 8,549,839 shares had...
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.