GenusPlus Group Ltd. (GNP) AI Stock Analysis

• Market Cap: AU$1.41B
• Dividend Yield: 0.57%
• Average Volume (3M): 266.49K
• Price to Earnings (P/E): 39.3
• Beta (1Y): 1.19
• Revenue Growth: 36.30%
• EPS Growth: 82.20%
• Country: AU
• Employees: 1,059
• Sector: Industrials
• Sector Strength: 72
• Industry: Engineering & Construction
• EPS (TTM): 0.13
• Shares Outstanding: 181,525,630
• 10 Day Avg. Volume: 234,978
• 30 Day Avg. Volume: 266,494
• PEG Ratio: 0.25
• Price to Book (P/B): 4.58
• Price to Sales (P/S): 0.97
• P/FCF Ratio: 6.79
• 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: AU$8.71
• Price Target Upside: 20.30% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 73 Outperform
• Price Target: AU$8.50 ▲(17.40% Upside)

GenusPlus Group Ltd. demonstrates strong financial performance with robust revenue and profit growth, efficient operations, and solid cash flow generation. The technical analysis indicates positive momentum, although the stock may be overbought. The valuation suggests potential overvaluation with a high P/E ratio and modest dividend yield. Overall, the company is well-positioned in its industry, but investors should be cautious of the current valuation.

Positive Factors

Cash generation

Sustained, high free cash flow growth and strong cash conversion demonstrate durable internal funding for working capital, bid bonds and capex. This reduces reliance on external finance, supports reinvestment in projects and maintenance contracts, and underpins resilience during project seasonality.

High gross margins

Very high gross margins indicate the company captures material value in design-and-build and bundled services, creating pricing leverage. Healthy operating margins show efficient project delivery and cost control, supporting sustainable profitability if execution disciplines and mix persist.

Prudent leverage and strong ROE

A moderate debt-to-equity ratio and double-digit ROE signal conservative balance sheet management and efficient use of capital. This structural strength provides capacity to bid larger projects, fund growth initiatives and absorb timing differences in project cashflows without undermining solvency.

Negative Factors

Project-based execution risk

Heavy reliance on project-based contracting creates durable exposure to execution risk, scope changes and claims. Profitability hinges on accurate estimating and subcontractor/labour management; persistent delivery issues or cost inflation can materially compress margins and cash conversion over months.

Thin net margins

A wide gap between very high gross margin and low net margin suggests significant operating, overhead or subcontractor cost pass-throughs. This structural margin compression leaves limited buffer against input cost inflation or competitive pricing, making earnings sensitive to project mix shifts.

Rising debt trend

An observable increase in debt, even from modest levels, raises structural interest and refinancing risk if project cashflows slow. Higher leverage can constrain bidding flexibility and elevate breakeven requirements for new contracts during downturns or when working capital needs spike.

GenusPlus Group Ltd. Business Overview & Revenue Model

Company Description

GenusPlus Group Limited engages in the installation, construction, and maintenance of power and communication systems in Australia. The company operates through three segments: Power Services, Telecommunications, and Industrial Services. It offers various services, including planning, designing, constructing, operating, testing, maintaining, managing, and decommissioning power network assets for electricity utilities, infrastructure developers, telecommunications networks, and mining companies. The company also provides electrical and instrumentation, and mechanical services to mining, oil and gas, infrastructure, and power generation sectors; and turnkey communications solutions, such as feasibility, engineering design, site acquisition, logistics, procurement, construction, and integration. GenusPlus Group Limited was incorporated in 2017 and is headquartered in Belmont, Australia.

How the Company Makes Money

GenusPlus Group Ltd. generates revenue through multiple streams, primarily derived from service contracts in engineering and project management within the energy and resources sectors. Key revenue streams include project-based work, ongoing maintenance contracts, and consultancy services provided to clients. The company also benefits from strategic partnerships with major industry players, allowing them to secure long-term contracts and expand their market reach. Additionally, GNP may derive income from the sale of specialized equipment and technology solutions, further diversifying its revenue portfolio.

GenusPlus Group Ltd. Financial Statement Overview

Summary

GenusPlus Group Ltd. exhibits strong financial health across all verticals. The income statement reflects significant revenue and profit growth, supported by efficient operations. The balance sheet is stable with manageable leverage and strong returns on equity. Cash flow generation is robust, providing a solid foundation for future growth and investment.

Income Statement

GenusPlus Group Ltd. has demonstrated strong revenue growth with an 18.48% increase in the latest year, supported by a robust gross profit margin of 76.94%. The net profit margin improved to 4.71%, indicating enhanced profitability. EBIT and EBITDA margins are healthy at 6.65% and 7.59%, respectively, showing efficient operational management. The company has consistently improved its revenue and profit margins over the years, reflecting a positive growth trajectory.

Balance Sheet

The company's balance sheet is stable with a manageable debt-to-equity ratio of 0.32, indicating prudent leverage. Return on equity is strong at 22.14%, showcasing effective use of shareholder funds. The equity ratio stands at 33.92%, reflecting a solid equity base. While the company has increased its debt, the overall financial position remains sound, supporting future growth.

Cash Flow

GenusPlus Group Ltd. has shown impressive free cash flow growth of 54.61%, indicating strong cash generation capabilities. The operating cash flow to net income ratio is 1.21, highlighting efficient cash conversion. The free cash flow to net income ratio of 0.89 further underscores the company's ability to generate cash relative to its earnings. The cash flow position is robust, supporting ongoing operations and potential investments.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	751.27M	751.27M	551.19M	444.18M	451.15M	318.21M
Gross Profit	578.05M	578.05M	400.06M	43.54M	311.85M	221.55M
EBITDA	56.98M	56.98M	43.11M	32.50M	32.54M	27.28M
Net Income	35.37M	35.37M	19.26M	13.41M	13.56M	13.35M
Balance Sheet
Total Assets	470.97M	470.97M	288.15M	227.42M	231.98M	155.56M
Cash, Cash Equivalents and Short-Term Investments	94.32M	94.32M	100.97M	46.74M	27.88M	34.18M
Total Debt	51.74M	51.74M	29.25M	27.73M	27.17M	19.88M
Total Liabilities	311.19M	311.19M	166.98M	122.44M	138.56M	97.85M
Stockholders Equity	159.78M	159.78M	121.17M	104.98M	93.42M	57.71M
Cash Flow
Free Cash Flow	107.82M	107.82M	68.90M	32.09M	6.60M	-4.30M
Operating Cash Flow	120.93M	120.93M	82.84M	37.79M	11.47M	6.99M
Investing Cash Flow	-46.36M	-46.36M	-15.82M	-7.31M	-24.25M	-12.42M
Financing Cash Flow	-16.21M	-14.72M	-12.79M	-11.48M	6.33M	-189.08K

GenusPlus Group Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 7.24
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:GNP, the sentiment is Positive. The current price of 7.24 is above the 20-day moving average (MA) of 7.21, above the 50-day MA of 6.63, and above the 200-day MA of 5.19, indicating a bullish trend. The MACD of 0.31 indicates Positive momentum. The RSI at 52.83 is Neutral, neither overbought nor oversold. The STOCH value of 42.94 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:GNP.

GenusPlus Group Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GNP	73 Outperform	AU$1.41B	39.26	25.18%	0.57%	36.30%	82.20%
GNG	71 Outperform	AU$757.26M	21.80	50.61%	5.24%	12.96%	8.19%
CVL	69 Neutral	AU$828.14M	19.41	8.35%	4.17%	-21.57%	-34.09%
SRG	66 Neutral	AU$1.90B	37.69	13.62%	1.85%	23.76%	21.18%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%

GenusPlus Group Ltd. Corporate Events

GenusPlus Lifts FY2026 Earnings Guidance on Strong Segment Performance

GenusPlus Group Ltd has upgraded its earnings guidance for FY2026, forecasting normalised EBITDA growth of about 35% compared with the prior year’s $67.4 million, following stronger-than-expected unaudited results in its Energy & Engineering and Services segments and solid performance in Infrastructure. Management cites recent contract wins, contributions from acquisitions, a strong order book and favourable industry tailwinds linked to the national energy transition as reinforcing confidence in the company’s growth trajectory and resilience, signalling a positive outlook for shareholders and other stakeholders.

The most recent analyst rating on (AU:GNP) stock is a Buy with a A$8.00 price target. To see the full list of analyst forecasts on GenusPlus Group Ltd. stock, see the AU:GNP Stock Forecast page.

GenusPlus Issues New Unquoted Performance Rights Under Employee Incentive Scheme

GenusPlus Group Ltd has issued 396,721 new unquoted performance rights under its employee incentive scheme, with an expiry date of 1 July 2029. The move underscores the company’s continued use of equity-based incentives to align employees’ interests with long-term shareholder value, potentially strengthening staff retention and engagement without immediate dilution of quoted share capital.

The most recent analyst rating on (AU:GNP) stock is a Buy with a A$7.50 price target. To see the full list of analyst forecasts on GenusPlus Group Ltd. stock, see the AU:GNP Stock Forecast page.

GenusPlus Grants 396,721 Performance Rights Under Long-Term Incentive Plan

GenusPlus Group Ltd has issued 396,721 performance rights to key management personnel and employees under its Employee Securities Incentive Plan, reinforcing its use of equity-linked incentives to align staff rewards with long-term shareholder outcomes. The rights, granted for no upfront consideration, are subject to performance hurdles based on absolute total shareholder return between July 2025 and June 2028 and continued employment, and may be settled either in shares or cash at the board’s discretion, a structure that could impact future dilution and remuneration outcomes while tying executive incentives closely to the company’s market performance.

The most recent analyst rating on (AU:GNP) stock is a Buy with a A$7.50 price target. To see the full list of analyst forecasts on GenusPlus Group Ltd. stock, see the AU:GNP Stock Forecast page.

GenusPlus Seeks ASX Quotation for New Employee Incentive Shares

GenusPlus Group Ltd has applied to the ASX for quotation of 62,240 new fully paid ordinary shares under its employee incentive scheme. The newly issued securities are not subject to transfer restrictions, indicating the company is continuing to use equity-based remuneration to incentivise staff and align employee interests with shareholder value, although the small number of shares suggests a limited impact on overall capital structure.

The most recent analyst rating on (AU:GNP) stock is a Buy with a A$7.50 price target. To see the full list of analyst forecasts on GenusPlus Group Ltd. stock, see the AU:GNP Stock Forecast page.

GenusPlus Secures A$429m Syndicated Facility to Fuel Growth

GenusPlus Group Ltd has secured a new A$429 million secured revolving syndicated facility with Commonwealth Bank of Australia, HSBC and National Australia Bank, replacing its previous A$147 million club facility. The three-year multi-option facility significantly expands the company’s funding capacity, providing greater financial flexibility to support its ongoing growth strategy amid favourable industry conditions, and, together with existing surety bond facilities, creates substantial headroom for future expansion and capital needs.

The most recent analyst rating on (AU:GNP) stock is a Buy with a A$7.50 price target. To see the full list of analyst forecasts on GenusPlus Group Ltd. stock, see the AU:GNP Stock Forecast page.

GenusPlus to Begin Construction on $140M Renewable Energy Project

GenusPlus Group Ltd has confirmed the commencement of construction for the Hunter-Central Coast Renewable Energy Zone sub-transmission line works, following the execution of a Project Deed with Ausgrid and the Energy Corporation of New South Wales. The contract, valued at approximately $140 million, involves significant infrastructure upgrades, including the demolition and construction of sub-transmission lines and the installation of advanced communication cables, with completion expected by Q1 2028. This project positions GenusPlus as a key player in supporting renewable energy infrastructure in Australia.

The most recent analyst rating on (AU:GNP) stock is a Buy with a A$7.50 price target. To see the full list of analyst forecasts on GenusPlus Group Ltd. stock, see the AU:GNP Stock Forecast page.

GenusPlus Secures Major Contract for Western Renewables Link Project

GenusPlus Group Ltd, in partnership with ACCIONA, has been awarded a significant contract by AusNet to construct the Western Renewables Link in Victoria, valued at approximately AUD$1.6 billion. This project, which aims to enhance Victoria’s renewable energy infrastructure, will involve the construction of a 500 kV transmission line and is expected to generate substantial economic and community benefits, including job creation and long-term advantages for the local economy.

The most recent analyst rating on (AU:GNP) stock is a Buy with a A$6.00 price target. To see the full list of analyst forecasts on GenusPlus Group Ltd. stock, see the AU:GNP Stock Forecast page.

GenusPlus Group Announces Director’s Interest Change

GenusPlus Group Ltd. has announced a change in the director’s interest notice involving David William Riches. The change involves the acquisition of 357,277 fully paid ordinary shares valued at $1,800,000 as contingent consideration for the acquisition of shares in Partum Engineering Pty Ltd. This transaction reflects a strategic move by GenusPlus to consolidate its interests, potentially impacting its operational dynamics and stakeholder relationships.

The most recent analyst rating on (AU:GNP) stock is a Buy with a A$6.00 price target. To see the full list of analyst forecasts on GenusPlus Group Ltd. stock, see the AU:GNP Stock Forecast page.

GenusPlus Releases Shares from Escrow Post-Acquisition

GenusPlus Group Ltd announced the release of 2,460,937 fully paid ordinary shares from voluntary escrow, linked to its acquisition of Partum Engineering Pty Ltd. This release signifies a strategic move following the acquisition, with 357,277 shares remaining under escrow until December 2026, potentially impacting shareholder value and market perception.

The most recent analyst rating on (AU:GNP) stock is a Buy with a A$6.00 price target. To see the full list of analyst forecasts on GenusPlus Group Ltd. stock, see the AU:GNP Stock Forecast page.

GenusPlus Group Ltd Announces Quotation of New Securities on ASX

GenusPlus Group Ltd has announced the quotation of 357,277 fully paid ordinary securities on the Australian Securities Exchange (ASX) as of December 1, 2025. This move is part of a previously announced transaction, potentially enhancing the company’s market presence and providing additional liquidity for stakeholders.

The most recent analyst rating on (AU:GNP) stock is a Buy with a A$6.00 price target. To see the full list of analyst forecasts on GenusPlus Group Ltd. stock, see the AU:GNP Stock Forecast page.

GenusPlus Group Ltd Appoints New Director with No Current Securities Interests

GenusPlus Group Ltd has announced the appointment of Tony Narvaez as a director, effective from November 21, 2025. The Initial Director’s Interest Notice reveals that Tony Narvaez currently holds no relevant interests in securities, either as a registered holder or otherwise, and has no interests in contracts related to the company. This announcement is part of the company’s compliance with ASX listing rules, ensuring transparency in its governance practices.

The most recent analyst rating on (AU:GNP) stock is a Buy with a A$6.00 price target. To see the full list of analyst forecasts on GenusPlus Group Ltd. stock, see the AU:GNP Stock Forecast page.

GenusPlus Group Ltd. AGM Results: Key Resolutions Passed

GenusPlus Group Ltd. held its Annual General Meeting on November 20, 2025, where several key resolutions were voted on. The meeting resulted in the approval of the remuneration report, the re-election of director Simon High, and the issuance of contingent consideration shares to David Riches and Matthew Riches under the Partum transaction. These outcomes reflect strong shareholder support for the company’s current management and strategic direction.

The most recent analyst rating on (AU:GNP) stock is a Buy with a A$6.00 price target. To see the full list of analyst forecasts on GenusPlus Group Ltd. stock, see the AU:GNP Stock Forecast page.

GenusPlus Group Reports Record Year and Strategic Board Addition at 2025 AGM

GenusPlus Group Ltd held its 2025 Annual General Meeting, highlighting a record year with a Total Shareholder Return of 101% and a significant increase in cash position. The company announced the addition of Tony Narvaez to its board, whose expertise in energy and infrastructure is expected to enhance the company’s strategic direction and strengthen its ability to deliver long-term value.

The most recent analyst rating on (AU:GNP) stock is a Buy with a A$6.00 price target. To see the full list of analyst forecasts on GenusPlus Group Ltd. stock, see the AU:GNP Stock Forecast page.

GenusPlus Group Ltd Appoints Tony Narvaez as Non-Executive Director

GenusPlus Group Ltd has appointed Tony Narvaez as a Non-Executive Independent Director, effective November 21, 2025. With extensive experience in the energy sector, including leadership roles at AusNet Services and other major energy companies, Narvaez is expected to bring valuable insights to GenusPlus. His appointment is anticipated to bolster the company’s strategic direction in the energy and infrastructure sectors, particularly as the industry undergoes rapid transformation with increasing opportunities in renewables and advanced technologies.

The most recent analyst rating on (AU:GNP) stock is a Buy with a A$6.00 price target. To see the full list of analyst forecasts on GenusPlus Group Ltd. stock, see the AU:GNP Stock Forecast page.

GenusPlus Group Ltd. Issues New Securities for Quotation

GenusPlus Group Ltd. has announced the issuance of 131,207 fully paid ordinary securities to be quoted on the Australian Securities Exchange (ASX). This move, part of an employee incentive scheme, reflects the company’s strategy to enhance employee engagement and align their interests with shareholders. The issuance may strengthen GenusPlus Group’s market position by potentially increasing liquidity and demonstrating a commitment to rewarding its workforce.

The most recent analyst rating on (AU:GNP) stock is a Buy with a A$6.00 price target. To see the full list of analyst forecasts on GenusPlus Group Ltd. stock, see the AU:GNP Stock Forecast page.

GenusPlus Group Ltd Announces Cessation of Securities

GenusPlus Group Ltd has announced the cessation of certain securities, specifically 93,376 performance rights and 99,708 share appreciation rights. These securities have lapsed due to the conditions not being met or becoming incapable of being satisfied, which may impact the company’s capital structure and investor perceptions.

The most recent analyst rating on (AU:GNP) stock is a Buy with a A$6.00 price target. To see the full list of analyst forecasts on GenusPlus Group Ltd. stock, see the AU:GNP Stock Forecast page.