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Energy World Corporation Ltd (AU:EWC)
ASX:EWC
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Energy World Corporation Ltd (EWC) AI Stock Analysis

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AU:EWC

Energy World Corporation Ltd

(Sydney:EWC)

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Rating:40Underperform
Price Target:
AU$0.05
▼(-11.67% Downside)
Action:Downgraded
Date:06/04/26
The score is held down primarily by poor financial quality, especially weak cash flow, leverage risk, and unstable profitability. Technical momentum is supportive but overbought, while valuation remains unattractive due to negative earnings and no dividend support.
Positive Factors
Strong revenue growth
A 60.13% reported revenue increase signals expanding demand or successful project progress in the LNG value chain. Durable top-line expansion supports scale economics, stronger contract leverage with counterparties and enhanced ability to secure long-term partners and financing for infrastructure builds.
Negative Factors
Elevated leverage
A debt-to-equity ratio of 1.58 denotes significant leverage for a capital-intensive LNG developer. Elevated indebtedness increases refinancing and interest-rate risk, constrains capacity to fund new capex organically, and raises vulnerability to cyclical downturns in energy markets.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong revenue growth
A 60.13% reported revenue increase signals expanding demand or successful project progress in the LNG value chain. Durable top-line expansion supports scale economics, stronger contract leverage with counterparties and enhanced ability to secure long-term partners and financing for infrastructure builds.
Read all positive factors

Energy World Corporation Ltd (EWC) vs. iShares MSCI Australia ETF (EWA)

Energy World Corporation Ltd Business Overview & Revenue Model

Company Description
Energy World Corporation Ltd operates as an independent energy enterprise, primarily involved in the generation and supply of power and natural gas across the Asia Pacific region. The company manages key power assets, such as a 315 MW combined cyc...
How the Company Makes Money
null...

Energy World Corporation Ltd Financial Statement Overview

Summary
Financial performance is the main weakness: cash flow is very weak, the balance sheet shows high leverage and unstable equity, and profitability has been highly volatile with declining revenue trends. Recent earnings strength does not appear stable enough to offset the broader deterioration.
Income Statement
34
Negative
Balance Sheet
22
Negative
Cash Flow
14
Very Negative
BreakdownTTMJun 2025Jun 2024Jun 2023Jun 2022Jun 2021
Income Statement
Total Revenue12.09M12.41M24.77M34.95M145.96M149.37M
Gross Profit12.33M12.41M21.96M22.05M81.33M44.15M
EBITDA5.88M7.92M-741.85M2.15M71.09M77.22M
Net Income-36.80M346.10M-801.52M-50.51M8.91M525.00K
Balance Sheet
Total Assets772.06M777.96M838.26M1.66B1.71B1.72B
Cash, Cash Equivalents and Short-Term Investments12.45M18.23M6.57M69.42M59.02M77.37M
Total Debt3.18M439.87M788.51M579.85M590.79M631.18M
Total Liabilities46.53M480.12M886.34M908.10M923.35M928.43M
Stockholders Equity706.41M278.72M-67.24M733.74M771.92M776.09M
Cash Flow
Free Cash Flow-15.89M-34.73M6.19M-11.99M34.39M5.26M
Operating Cash Flow-11.25M-30.02M6.40M-4.87M48.00M19.99M
Investing Cash Flow-1.74M30.86M13.93M-1.64M-26.52M-38.35M
Financing Cash Flow-2.09M11.05M-14.31M-6.54M-45.21M8.66M

Energy World Corporation Ltd Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.06
Price Trends
50DMA
0.06
Positive
100DMA
0.05
Positive
200DMA
0.05
Positive
Market Momentum
MACD
<0.01
Negative
RSI
60.24
Neutral
STOCH
54.55
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:EWC, the sentiment is Positive. The current price of 0.06 is below the 20-day moving average (MA) of 0.06, above the 50-day MA of 0.06, and above the 200-day MA of 0.05, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 60.24 is Neutral, neither overbought nor oversold. The STOCH value of 54.55 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:EWC.

Energy World Corporation Ltd Peers Comparison

Overall Rating
UnderperformOutperform
Sector (66)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
66
Neutral
AU$6.05B8.0115.10%5.75%-5.58%
66
Neutral
$17.65B18.105.60%3.62%6.62%11.55%
58
Neutral
AU$17.94M24.426.92%-8.32%-67.69%
54
Neutral
AU$70.51M-25.00-13.64%16.99%
45
Neutral
AU$40.69M-3.23-108.64%-63.48%
40
Underperform
AU$262.03M-8.68-7.47%
34
Underperform
AU$66.38M-0.26-31.05%
* Utilities Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:EWC
Energy World Corporation Ltd
0.07
<0.01
9.84%
AU:AGL
AGL Energy
8.88
0.76
9.32%
AU:CCE
Carnegie Clean Energy Ltd
0.17
0.11
188.14%
AU:JNS
ReNu Energy Limited
0.40
0.26
175.86%
AU:14D
1414 Degrees Ltd.
0.06
0.03
122.22%
AU:VPR
Volt Power Group Ltd
0.11
>-0.01
-4.55%

Energy World Corporation Ltd Corporate Events

Energy World Progresses US$350m Turbine Sale and Refines LNG Strategy
Jul 22, 2026
Energy World Corporation has advanced preparations for the previously announced US$350 million sale of its turbines to Hallador Energy, with approximately US$7 million already received and a further US$28 million available to fund deconstruction a...
Energy World Director Increases Indirect Shareholding via On-Market Purchase
Jun 9, 2026
Energy World Corporation Ltd has reported a change in the indirect shareholding of director John Gordon Phipps, reflecting an on-market purchase of additional fully paid ordinary shares. The interests are held through several entities, including F...
Energy World Corporation Seeks Trading Halt Ahead of Strategic Review Update
May 31, 2026
Energy World Corporation Ltd has requested a trading halt on its fully paid ordinary shares on the ASX, with the halt taking effect immediately and remaining in place until either the release of a new company announcement or the commencement of no...
Energy World Corporation Issues New Shares to CEO Under Disclosure Exemption
May 7, 2026
Energy World Corporation has issued 1,489,860 fully paid ordinary shares to its chief executive officer, expanding its share capital through a placement that did not require a formal disclosure document under Australian corporations law. The compa...
Energy World Issues 10 Million Unquoted Options at $0.16
May 7, 2026
Energy World Corporation Ltd has notified the market of the issue of 10,000,000 unquoted options, each exercisable at $0.16 and expiring on July 1, 2030. The options were issued on May 6, 2026, as part of previously announced transactions and are ...
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.Date of analysis: Jun 04, 2026