Eneco Refresh Limited (ERG) AI Stock Analysis

• Market Cap: AU$3.27M
• Dividend Yield: N/A
• Average Volume (3M): 8.92K
• Price to Earnings (P/E): ―
• Beta (1Y): -1.53
• Revenue Growth: 8.96%
• EPS Growth: -287.50%
• Country: AU
• Employees: N/A
• Sector: Utilities
• Sector Strength: 74
• Industry: Beverages - Non-Alcoholic
• EPS (TTM): >-0.01
• Shares Outstanding: 272,358,340
• 10 Day Avg. Volume: 197
• 30 Day Avg. Volume: 8,917
• PEG Ratio: -0.09
• Price to Book (P/B): 0.42
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 3.07
• 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: 53 Neutral
• Price Target: ―

Eneco Refresh Limited's stock score reflects its steady revenue growth but persistent profitability and cash flow challenges. A robust balance sheet provides stability, but the negative P/E ratio and absence of dividends pose valuation concerns. Technical indicators suggest mixed market sentiment, warranting caution.

Eneco Refresh Limited Business Overview & Revenue Model

Company Description

Eneco Refresh Limited produces and distributes bottled water and filtration systems in Australia. It also rents water coolers; and distributes filtration systems and water purifiers. In addition, the company produces and distributes plastic molded products, including containers and jars, bottles, gardening products, automotive parts, and activity toys. Further, it distributes hydrogen gas. The company was formerly known as Refresh Group Limited. Eneco Refresh Limited was incorporated in 1997 and is headquartered in Malaga, Australia. Eneco Refresh Limited operates as a subsidiary of Eneco Investment Pte Ltd.

How the Company Makes Money

Eneco Refresh Limited makes money primarily through the sale of bottled water and water filtration systems. The company generates revenue by offering subscription-based delivery services for its bottled water products to both individual households and businesses. Additionally, ERG earns income from the sale and installation of water filtration systems, which are marketed to customers looking for sustainable and cost-effective water purification solutions. Strategic partnerships with retailers and distributors help expand their market reach, while investments in research and development enable the company to improve its product offerings and maintain competitive pricing.

Eneco Refresh Limited Financial Statement Overview

Summary

Eneco Refresh Limited exhibits steady revenue growth but struggles with profitability, as reflected in its income statement. The balance sheet is robust with low debt levels and a strong equity position, providing stability. However, cash flow challenges persist, highlighting the need for improved cash management to support long-term financial health.

Income Statement

Eneco Refresh Limited shows a moderate revenue growth rate with a 6.68% increase from 2023 to 2024. However, the company continues to face profitability challenges, as evidenced by the negative EBIT and net income margins. Gross profit margin remains stable, but the recurring net losses indicate an ongoing struggle to achieve profitability, impacting the overall income statement score.

Balance Sheet

The company's financial position is relatively stable with a debt-to-equity ratio of 0.46, indicating moderate leverage. The equity ratio is favorable at 60.14%, reflecting a strong equity position. While the return on equity is negative due to net losses, the company's low debt levels and adequate equity base support a stable balance sheet.

Cash Flow

Operating cash flow remains positive but minimal, while free cash flow has deteriorated significantly, with a notable decline from 2023 to 2024. The free cash flow to net income ratio is negative, indicating cash flow challenges. The company needs to focus on improving cash generation to enhance financial flexibility.

Breakdown	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	15.45M	14.49M	13.98M	13.19M	11.28M
Gross Profit	5.25M	5.26M	5.41M	5.09M	4.32M
EBITDA	-1.39M	1.22M	822.59K	1.14M	-380.81K
Net Income	-1.59M	97.69K	-205.50K	-161.88K	-1.08M
Balance Sheet
Total Assets	13.98M	16.38M	14.81M	16.19M	14.24M
Cash, Cash Equivalents and Short-Term Investments	4.31M	5.40M	1.28M	1.45M	1.43M
Total Debt	3.83M	2.20M	2.88M	4.10M	1.90M
Total Liabilities	5.57M	6.38M	4.91M	6.06M	4.10M
Stockholders Equity	8.41M	9.99M	9.90M	10.13M	10.14M
Cash Flow
Free Cash Flow	-855.32K	-169.54K	273.60K	796.17K	-510.47K
Operating Cash Flow	104.84K	151.00K	602.99K	1.32M	-281.86K
Investing Cash Flow	-546.31K	4.18M	-338.37K	-117.59K	-308.35K
Financing Cash Flow	-640.51K	-683.17K	-475.00K	-1.18M	-247.94K

Eneco Refresh Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.01
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:ERG, the sentiment is Negative. The current price of 0.01 is below the 20-day moving average (MA) of 0.01, below the 50-day MA of 0.01, and below the 200-day MA of 0.01, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 44.35 is Neutral, neither overbought nor oversold. The STOCH value of -200.00 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:ERG.

Eneco Refresh Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
LPE	69 Neutral	AU$20.95M	6.28	30.50%	―	15.59%	―
Sector *	67 Neutral	$16.58B	16.98	4.47%	3.81%	4.76%	6.06%
DEL	67 Neutral	AU$37.45M	7.00	63.00%	―	333.36%	―
TML	54 Neutral	AU$2.31M	10.51	-16.88%	8.05%	3.03%	-950.00%
ERG	53 Neutral	AU$3.27M	―	-9.71%	―	8.96%	-287.50%
GDYMF	―	$13.37M	―	-157.90%	―	―	―
14D	26 Underperform	AU$5.54M	―	-32.27%	―	―	-26.37%

Eneco Refresh Limited Corporate Events

Eneco Refresh Limited Reports Strong Q3 Performance with 8% Revenue Growth

Eneco Refresh Limited reported an 8% year-to-date revenue growth, reflecting successful implementation of its turnaround plans. The water business showed a strong 9% growth, contributing significantly to the company’s profitability, while the plastics division, despite a slowdown, managed a 2% year-to-date increase, indicating a positive turnaround after challenging years.