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Engenco Limited
(Sydney:EGN)
Engenco Limited (EGN) vs. iShares MSCI Australia ETF (EWA)
Engenco Limited Business Overview & Revenue Model
Engenco Limited Financial Statement Overview
| Breakdown | TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 211.30M | 214.85M | 217.08M | 188.64M | 165.58M | 177.99M |
| Gross Profit | 102.98M | 106.39M | 25.21M | 21.37M | 19.30M | 23.72M |
| EBITDA | 12.80M | 15.68M | 14.06M | 14.77M | 14.55M | 18.53M |
| Net Income | 4.84M | 3.93M | 6.44M | 5.67M | 11.96M | 13.42M |
Balance Sheet | ||||||
| Total Assets | 192.88M | 190.50M | 174.72M | 152.04M | 146.36M | 143.60M |
| Cash, Cash Equivalents and Short-Term Investments | 12.42M | 18.99M | 8.48M | 4.75M | 12.09M | 14.45M |
| Total Debt | 28.88M | 38.53M | 30.75M | 19.56M | 21.01M | 22.72M |
| Total Liabilities | 94.56M | 93.56M | 79.93M | 58.26M | 52.03M | 55.01M |
| Stockholders Equity | 104.15M | 102.76M | 100.62M | 99.61M | 100.16M | 94.42M |
Cash Flow | ||||||
| Free Cash Flow | 17.75M | 17.06M | 205.00K | 6.83M | 4.97M | 277.00K |
| Operating Cash Flow | 27.66M | 25.10M | 2.99M | 10.56M | 14.55M | 14.09M |
| Investing Cash Flow | -9.84M | -7.91M | -2.45M | -6.53M | -5.65M | -12.68M |
| Financing Cash Flow | -13.89M | -6.69M | 3.19M | -11.37M | -10.94M | -10.69M |
Engenco Limited Technical Analysis
Engenco Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
66 Neutral | $96.38M | 19.93 | 4.72% | 3.28% | -6.22% | -48.14% | |
65 Neutral | AU$122.38M | 27.11 | 8.82% | 0.53% | 9.97% | -22.07% | |
65 Neutral | AU$122.38M | 27.11 | 8.82% | 0.53% | 9.97% | -22.07% | |
65 Neutral | AU$144.98M | 9.11 | 12.68% | 5.55% | 6.34% | 8.63% | |
65 Neutral | AU$144.98M | 9.11 | 12.68% | 5.55% | 6.34% | 8.63% | |
64 Neutral | kr59.14B | 13.55 | 1.96% | 8.09% | -0.10% | -4.87% | |
63 Neutral | AU$97.22M | 156.73 | 0.29% | 4.60% | 1.00% | -16.13% | |
63 Neutral | AU$97.22M | 156.73 | 0.29% | 4.60% | 1.00% | -16.13% | |
62 Neutral | AU$1.03B | 20.42 | 5.35% | 4.22% | 22.28% | 50.12% | |
62 Neutral | AU$1.03B | 20.42 | 5.35% | 4.22% | 22.28% | 50.12% | |
54 Neutral | AU$172.88M | 22.84 | -1.11% | 1.34% | 11.01% | -106.43% | |
54 Neutral | AU$172.88M | 22.84 | -1.11% | 1.34% | 11.01% | -106.43% |
Engenco Limited Corporate Events
Engenco Limited, listed on the ASX under the ticker EGN, is set to be removed from the Official List following the compulsory acquisition of its remaining securities by Elph Investments Pty Ltd. This delisting marks a significant change in Engenco’s market presence as it transitions away from public trading, potentially impacting its stakeholders and altering its strategic direction.
Engenco Limited has experienced a change in the interests of its substantial holder, the Elphinstone Group, which now holds 96.77% of the voting power in the company, up from 95.57%. This increase in voting power is a result of the Elphinstone Group’s acquisition of additional shares through an off-market takeover bid by Elph Investments Pty Ltd, indicating a consolidation of control and potentially impacting Engenco’s strategic direction and stakeholder interests.
Engenco Limited is facing a significant change as Elph Investments Pty Ltd has acquired a 95.57% stake in the company and plans to compulsorily acquire the remaining shares. This move will lead to the suspension of Engenco’s trading on the ASX on 27 June 2025, followed by its delisting. Shareholders are encouraged to accept the offer before the deadline to ensure timely payment.
Engenco Limited has announced a change in the director’s interest, specifically regarding Dale Brendan Elphinstone. The director, through Elph Pty Ltd and Elph Investments Pty Ltd, acquired an additional 15,584,811 ordinary shares, bringing the total to 302,000,934 shares. This acquisition was made under a takeover bid by Elph Investments Pty Ltd, potentially impacting the company’s shareholding structure and market perception.
Engenco Limited has experienced a change in the interests of its substantial holder, the Elphinstone Group, which now holds a 95.57% voting power in the company, up from 92.68%. This increase is due to the acquisition of additional shares through an off-market takeover bid by Elph Investments Pty Ltd, part of the Elphinstone Group, which could significantly impact Engenco’s operational control and strategic direction.
Elph Investments Pty Ltd has initiated a compulsory acquisition of all ordinary shares in Engenco Limited, following its off-market takeover bid. This move is part of a strategic acquisition process under the Corporations Act 2001, aiming to consolidate Elph Investments’ control over Engenco. The compulsory acquisition notice has been lodged with ASIC and will be communicated to Engenco shareholders, marking a significant step in the takeover process.
Elph Investments Pty Ltd has announced an off-market takeover bid for Engenco Limited, a company listed on the Australian Securities Exchange. The bid aims to acquire all ordinary shares of Engenco, and as of the latest update, Elph Investments has gained 93.20% voting power in Engenco, making the offer unconditional. This move signifies a significant consolidation of control by Elph Investments over Engenco, potentially impacting the company’s strategic direction and stakeholder interests.
Engenco Limited has announced that Elph Investments Pty Ltd has made an unconditional takeover offer for Engenco shares at 31 cents per share, acquiring a 92.68% interest. Engenco’s directors recommend shareholders accept the offer before the compulsory acquisition process begins, with the offer closing on June 27, 2025. The Employee Share Purchase Plan restrictions have been lifted to allow holders to accept the offer.
Engenco Limited has announced a change in the substantial holding of its voting securities. This change reflects a shift in the relevant interests and associations of substantial holders, impacting the company’s shareholder structure. The announcement may have implications for the company’s governance and control, potentially affecting stakeholders’ interests.
Engenco Limited has seen a change in the interests of its substantial holder, the Elphinstone Group, which now holds a 92.68% voting power in the company, up from 90.64%. This increase in voting power follows the acquisition of additional shares through an off-market takeover bid by Elph Investments Pty Ltd, indicating a consolidation of control by the Elphinstone Group, which could impact the company’s strategic direction and stakeholder interests.
Elph Investments Pty Ltd has announced that its off-market takeover bid for Engenco Limited is now unconditional, as all defeating conditions have been removed. The offer, which aims to acquire all ordinary shares of Engenco, is set to close on June 27, 2025, unless extended or withdrawn, with Elph Investments currently holding a 91.74% voting power in Engenco.
Engenco Limited has announced a significant change in the director’s interest, with Dale Brendan Elphinstone increasing his indirect shareholding through Elph Pty Ltd and Elph Investments Pty Ltd. The director acquired 58,073,798 ordinary shares at a takeover offer price of 31.0 cents per share, bringing his total holdings to 286,416,123 shares. This move reflects a strategic consolidation of shares under the takeover bid by Elph Investments Pty Ltd, potentially strengthening the director’s influence and control within the company.
Engenco Limited has seen a change in the substantial holding of its shares, primarily through acquisitions by the Elphinstone Group. The Elphinstone Group, through Elph Investments Pty Ltd, has increased its voting power in Engenco from 88.98% to 90.64% following an off-market takeover bid. This change in shareholding could potentially strengthen the Elphinstone Group’s influence over Engenco’s strategic decisions and operations, impacting stakeholders and the company’s market positioning.
Engenco Limited has received an increased all-cash offer from Elph Investments Pty Ltd for its shares, raising the price from 30.5 cents to 31 cents per share. The Recommending Directors of Engenco have unanimously advised shareholders to accept this offer, citing its attractive premium over previous trading prices, the low likelihood of a higher competing offer, and the benefits of liquidity in a market with limited trading activity. With Elph Investments’ interest in Engenco shares nearing the threshold for compulsory acquisition, shareholders are encouraged to accept the offer to avoid the risks associated with remaining minority shareholders.
Elph Investments Pty Ltd, part of the Elphinstone Group, has increased its stake in Engenco Limited, a company in which it already held a substantial interest. The group’s voting power in Engenco has risen from 83.10% to 88.98% following the acquisition of additional shares through an off-market takeover bid. This increase in ownership consolidates Elphinstone Group’s control over Engenco, potentially impacting the company’s strategic direction and stakeholder interests.
Elph Investments Pty Ltd, part of the Elphinstone Group, has increased its voting power in Engenco Limited from 72.01% to 83.10% through an acquisition of additional shares. This change in substantial holding reflects Elph Investments’ strategic move to consolidate its influence within Engenco, potentially impacting the company’s governance and strategic direction.
Engenco Limited has announced a change in the director’s interest notice involving Dale Brendan Elphinstone. The director, through Elph Pty Ltd and Elph Investments Pty Ltd, acquired 2,645,881 ordinary shares under a takeover bid, increasing his total holdings to 226,321,421 shares. This change reflects shareholder acceptances under the takeover bid by Elph Investments Pty Ltd, indicating a strategic move to consolidate ownership.
Elph Investments Pty Ltd, along with its associated entities within the Elphinstone Group, has increased its voting power in Engenco Limited from 70.67% to 72.01%. This change follows the acceptance of an off-market takeover bid, which involved the acquisition of 4,225,781 ordinary shares at $0.31 per share. This increase in voting power strengthens the Elphinstone Group’s influence over Engenco Limited, potentially impacting the company’s strategic direction and decision-making processes.
Elph Investments Pty Ltd has announced an increase in its offer price for the off-market takeover bid of Engenco Limited, raising the price from $0.305 to $0.31 per share. This final offer price aims to acquire all ordinary shares of Engenco, and the increase reflects Elph’s commitment to securing the acquisition, potentially impacting Engenco’s market position and shareholder value.
Engenco Limited has announced a change in the director’s interest, specifically involving Dale Brendan Elphinstone. The director, through Elph Pty Ltd and Elph Investments Pty Ltd, acquired 2,147,659 ordinary shares, increasing his total holding to 223,675,540 shares. This acquisition was part of a takeover bid by Elph Investments Pty Ltd, reflecting strategic moves within the company to consolidate ownership.
Elph Investments Pty Ltd has announced an extension of its off-market takeover bid for all ordinary shares in Engenco Limited, a company listed on the ASX. The offer period has been extended to 7:00pm on 27 June 2025, providing more time for shareholders to consider the proposal. This extension may impact Engenco’s market position and shareholder decisions, as the terms of the offer remain unchanged.
Engenco Limited has announced a change in the director’s interest, with Dale Brendan Elphinstone increasing his indirect shareholding through Elph Investments Pty Ltd. The acquisition of 3,756,093 ordinary shares was made at a takeover offer price of 30.5 cents per share, raising his total shareholding to 221,527,881 shares. This move signifies a consolidation of ownership under Elph Investments Pty Ltd, potentially strengthening the company’s strategic positioning and stability.
Engenco Limited has seen a change in the interests of its substantial holder, the Elphinstone Group, which includes Elph Investments Pty Ltd and other associated entities. The Elphinstone Group has increased its voting power in Engenco from 69.56% to 70.67% through the acquisition of additional shares as part of an off-market takeover bid. This change in voting power could potentially strengthen the Elphinstone Group’s influence over Engenco’s strategic decisions and operations.
Elph Investments Pty Ltd, part of the Elphinstone Group, has increased its voting power in Engenco Limited, a company in which it holds a substantial interest. The group’s voting power has risen from 68.53% to 69.56% following the acquisition of additional shares through an off-market takeover bid. This change in voting power indicates a strengthening of Elph Investments’ influence over Engenco, potentially impacting the company’s strategic decisions and stakeholder interests.
Engenco Limited has announced a change in the director’s interest, with Dale Brendan Elphinstone acquiring an additional 2,020,904 ordinary shares through Elph Investments Pty Ltd, bringing his total to 219,792,692 shares. This acquisition, part of a takeover bid, reflects a strategic move that could influence the company’s market positioning and stakeholder interests.
Engenco Limited has issued a Target’s Statement in response to a takeover bid by Elph Investments Pty Ltd for all issued shares. The Recommending Directors suggest shareholders accept the offer if they plan to sell soon, as it offers a premium over recent trading prices, and a competing bid is unlikely. However, they advise rejecting the offer if shareholders wish to retain their shares for potential long-term value despite associated risks. An Independent Expert’s Report finds the offer reasonable but not fair, valuing shares slightly higher than the offer price.
Engenco Limited has updated its FY25 outlook, indicating that financial performance will remain positive but will not improve compared to FY24. This is due to challenges faced by its Gemco Rail business unit in meeting production targets and lower than anticipated bearing sales. The company expects FY25 net profit after tax to align with FY24. Despite these challenges, Engenco maintains a strong pipeline for its rail business, with plans to commence the manufacture of iron ore wagons in Karratha in FY26. Drivetrain is also broadening its service offerings to increase future workshop activity.
Engenco Limited has addressed an administrative oversight by releasing the Appendix 3X for Ms. Kelly Elphinstone, who was appointed to the Board of Directors on September 19, 2022. The company assures stakeholders that it has the necessary compliance systems in place to adhere to the ASX Listing Rule 3.19A, reflecting its commitment to transparency and regulatory adherence.
Engenco Limited announced a change in the director’s interest, specifically involving Dale Brendan Elphinstone. The change was due to shareholder acceptances under a takeover bid by Elph Investments Pty Ltd, resulting in an acquisition of 1,217,081 ordinary shares at a takeover offer price of 30.5 cents per share. This change increases the total number of securities held by the director to 217,771,788 shares.
Engenco Limited has received an off-market takeover offer from Elph Investments Pty Ltd, part of the Elphinstone Group, to acquire all ordinary shares at $0.305 per share. The Elphinstone Group already holds a significant stake in Engenco, and a special committee of independent directors has been formed to evaluate the offer. The offer is contingent upon several conditions, including Elph Investments acquiring a relevant interest in over 92.13% of Engenco shares. Engenco plans to issue a Target’s Statement with recommendations and an independent expert’s opinion by mid-May. Until then, shareholders are advised to take no action.
Engenco Limited, a company involved in engineering and logistics services, is the subject of an off-market takeover bid by Elph Investments Pty Ltd, part of the Elphinstone Group. The Elphinstone Group has maintained its substantial holding in Engenco, with a slight decrease in voting power from 68.64% to 68.53%. The takeover bid aims to acquire all ordinary shares of Engenco not already owned by Elph Investments Pty Ltd, potentially impacting the company’s control and strategic direction.
Elph Investments Pty Ltd has launched an off-market takeover bid for all ordinary shares of Engenco Limited, a company listed on the Australian Securities Exchange. The bidder’s statement for this takeover was lodged with the Australian Securities and Investments Commission and sent to Engenco, marking a significant step in the acquisition process.