Fleetwood Limited (FWD) AI Stock Analysis

• Market Cap: €278.85M
• Dividend Yield: 8.33%
• Average Volume (3M): 265.01K
• Price to Earnings (P/E): 19.4
• Beta (1Y): 0.58
• Revenue Growth: 20.83%
• EPS Growth: 290.55%
• Country: AU
• Employees: 650
• Sector: Industrials
• Sector Strength: 72
• Industry: Engineering & Construction
• EPS (TTM): 0.11
• Shares Outstanding: 92,334,236
• 10 Day Avg. Volume: 312,799
• 30 Day Avg. Volume: 265,015
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: €3.06
• Price Target Upside: 2.35% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 72 Outperform
• Price Target: AU$3.50 ▲(17.06% Upside)

Fleetwood Limited's overall stock score is driven by strong technical indicators and a solid financial performance. The upward price trend and positive momentum are significant strengths. However, the high P/E ratio suggests potential overvaluation, and there are challenges in improving profitability and cash flow sustainability.

Positive Factors

Negative Factors

Fleetwood Limited Business Overview & Revenue Model

Company Description

Fleetwood Limited engages in the design, manufacture, and sale of modular accommodation units in Australia and New Zealand. It operates through three segments: RV Solutions, Building Solutions, and Community Solutions. The company also engages in the operation of accommodation villages; develops and commercialize keyless locks and energy management systems; and manufacture, installation, and distribution of recreational vehicle parts and accessories. It offers accommodation solutions for resources, education, affordable housing, mining, and corrections sectors; and provides caravan plumbing and electrical services, as well as supplies related parts. The company was formerly known as Fleetwood Corporation Limited and changed its name to Fleetwood Limited in November 2020. Fleetwood Limited was founded in 1964 and is headquartered in Subiaco, Australia.

How the Company Makes Money

Fleetwood Limited generates revenue through the sale and rental of its manufactured accommodation and recreational vehicles. The company's key revenue streams include the direct sales of transportable homes and portable accommodations to various industries, such as mining and tourism, as well as the rental and leasing of these units. Additionally, Fleetwood earns income from aftermarket services and the supply of components for recreational vehicles. Strategic partnerships with tourism operators and mining companies, along with government contracts, play a significant role in bolstering its revenue. The company's diverse product offerings and ability to cater to multiple industries contribute to its financial performance.

Fleetwood Limited Financial Statement Overview

Summary

Fleetwood Limited shows a positive trajectory with strong revenue growth and improved operational efficiency. The balance sheet reflects a stable financial position with low leverage. However, challenges remain in enhancing profitability and sustaining free cash flow growth.

Income Statement

Fleetwood Limited has demonstrated a strong revenue growth rate of 8.74% in the most recent year, indicating positive momentum. The gross profit margin remains robust, reflecting efficient cost management. However, the net profit margin is relatively low, suggesting room for improvement in profitability. The EBIT and EBITDA margins have improved significantly, showcasing better operational efficiency.

Balance Sheet

The company's debt-to-equity ratio is low, indicating a conservative leverage position, which is favorable for financial stability. The return on equity has improved but remains modest, suggesting potential for enhanced shareholder returns. The equity ratio is healthy, reflecting a strong capital structure.

Cash Flow

Operating cash flow has increased significantly, indicating improved cash generation capabilities. However, the free cash flow growth rate is negative, highlighting potential challenges in sustaining cash flow. The operating cash flow to net income ratio is strong, but the free cash flow to net income ratio suggests room for improvement in converting profits into cash.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	503.88M	503.08M	416.36M	409.33M	445.14M	353.60M
Gross Profit	136.01M	373.60M	286.50M	269.82M	290.99M	214.75M
EBITDA	45.03M	43.94M	23.91M	20.23M	-35.56M	41.95M
Net Income	14.56M	14.56M	3.79M	2.05M	-47.46M	13.34M
Balance Sheet
Total Assets	257.43M	257.43M	250.59M	276.19M	310.19M	335.47M
Cash, Cash Equivalents and Short-Term Investments	51.02M	51.02M	39.33M	46.58M	55.27M	57.57M
Total Debt	17.26M	17.26M	18.65M	25.34M	27.18M	31.38M
Total Liabilities	91.67M	91.67M	85.34M	110.55M	146.68M	113.00M
Stockholders Equity	165.76M	165.76M	165.24M	165.63M	163.52M	222.47M
Cash Flow
Free Cash Flow	36.53M	35.62M	5.06M	-2.33M	5.30M	20.02M
Operating Cash Flow	42.55M	42.55M	17.84M	5.48M	15.25M	26.70M
Investing Cash Flow	-6.36M	-6.36M	-12.17M	-6.73M	-7.00M	-1.31M
Financing Cash Flow	-24.49M	-24.49M	-12.92M	-7.44M	-10.55M	-33.55M

Fleetwood Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2.99
• 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:FWD, the sentiment is Positive. The current price of 2.99 is above the 20-day moving average (MA) of 2.90, above the 50-day MA of 2.71, and above the 200-day MA of 2.33, indicating a bullish trend. The MACD of 0.08 indicates Negative momentum. The RSI at 66.16 is Neutral, neither overbought nor oversold. The STOCH value of 51.52 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:FWD.

Fleetwood Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SND	80 Outperform	91.94M	41.57	0.00%	3.13%	-0.72%	-78.03%
VBC	76 Outperform	33.60M	8.91	0.00%	―	-8.28%	89.71%
DUR	76 Outperform	500.72M	21.37	30.71%	2.10%	3.10%	5.08%
FWD	72 Outperform	€278.85M	19.43	8.79%	8.33%	20.83%	290.55%
ACF	71 Outperform	317.24M	13.61	0.00%	5.73%	25.14%	-14.66%
BWE	54 Neutral	40.09M	-2.57	0.00%	―	-32.52%	-300.55%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%

Fleetwood Limited Corporate Events

Fleetwood Limited Announces Key Dates for 2025

Fleetwood Limited has announced its key dates for the remainder of 2025, including the full-year results announcement on August 27, the closing date for director nominations on September 5, and the Annual General Meeting on October 27. These dates are significant for stakeholders as they outline the company’s timeline for important financial and governance events, potentially impacting its operational and strategic directions.

The most recent analyst rating on (AU:FWD) stock is a Buy with a A$2.09 price target. To see the full list of analyst forecasts on Fleetwood Limited stock, see the AU:FWD Stock Forecast page.

Fleetwood Limited Announces Cessation of Securities

Fleetwood Limited has announced the cessation of 877,340 ordinary fully paid securities due to an employee share scheme buy-back. This move, effective June 30, 2025, reflects a strategic decision by the company to manage its issued capital, potentially impacting its market position and shareholder value.

The most recent analyst rating on (AU:FWD) stock is a Buy with a A$2.09 price target. To see the full list of analyst forecasts on Fleetwood Limited stock, see the AU:FWD Stock Forecast page.

Fleetwood Limited Completes Share Buy-Back Program

Fleetwood Limited has announced the final notification of its buy-back program, involving the repurchase of 877,340 ordinary fully paid securities for a total consideration of AUD 2,487,891.85. This buy-back is part of an employee share scheme, indicating a strategic move to consolidate ownership and potentially enhance shareholder value, reflecting positively on the company’s market positioning.

The most recent analyst rating on (AU:FWD) stock is a Buy with a A$2.09 price target. To see the full list of analyst forecasts on Fleetwood Limited stock, see the AU:FWD Stock Forecast page.

Fleetwood Limited Announces Cessation of Securities

Fleetwood Limited has announced the cessation of 395,621 performance rights due to the conditions for these securities not being met or becoming incapable of being satisfied. This announcement may impact Fleetwood Limited’s capital structure and could have implications for stakeholders regarding the company’s operational and financial strategies.

The most recent analyst rating on (AU:FWD) stock is a Buy with a A$2.09 price target. To see the full list of analyst forecasts on Fleetwood Limited stock, see the AU:FWD Stock Forecast page.

Fleetwood Limited Announces Employee Share Scheme Buy-Back

Fleetwood Limited has announced an employee share scheme buy-back involving 877,340 ordinary shares under its Long Term Incentive Plan (LTIP) for the fiscal years 2015 to 2018. The buy-back, priced at approximately $2.84 per share, will result in the cancellation of these shares, following the terms of the LTIP which allows for forfeiture upon employee departure or if shares remain unvested. This move is expected to streamline Fleetwood’s share structure and potentially impact its financial standing by reducing the number of outstanding shares.

The most recent analyst rating on (AU:FWD) stock is a Buy with a A$2.09 price target. To see the full list of analyst forecasts on Fleetwood Limited stock, see the AU:FWD Stock Forecast page.

Fleetwood Limited Completes Share Buy-Back Program

Fleetwood Limited has announced the final notification of its on-market buy-back program. The company has repurchased a total of 1,073,006 ordinary fully paid securities for a total consideration of AUD 2,015,654.63. This buy-back could potentially impact Fleetwood Limited’s market positioning by reducing the number of shares available in the market, which might influence the company’s stock price and shareholder value.

The most recent analyst rating on (AU:FWD) stock is a Buy with a A$2.09 price target. To see the full list of analyst forecasts on Fleetwood Limited stock, see the AU:FWD Stock Forecast page.

Fleetwood Limited Launches Unmarketable Parcel Sale Facility

Fleetwood Limited, listed on the ASX under the ticker FWD, has introduced an Unmarketable Parcel Sale Facility to assist shareholders holding shares valued at less than $500. This initiative allows these shareholders to sell their shares without incurring brokerage or handling costs, with Fleetwood covering all associated expenses except for tax liabilities. This move is expected to streamline Fleetwood’s share register by reducing the number of small shareholdings, thereby lowering administrative costs.

The most recent analyst rating on (AU:FWD) stock is a Buy with a A$2.09 price target. To see the full list of analyst forecasts on Fleetwood Limited stock, see the AU:FWD Stock Forecast page.