GWR Group Limited (GWR) AI Stock Analysis

• Market Cap: AU$38.83M
• Dividend Yield: N/A
• Average Volume (3M): 296.46K
• Price to Earnings (P/E): 4.6
• Beta (1Y): 0.57
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: AU
• Employees: 11
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Steel
• EPS (TTM): 0.00
• Shares Outstanding: 323,606,660
• 10 Day Avg. Volume: 545,228
• 30 Day Avg. Volume: 296,463
• PEG Ratio: >-0.01
• Price to Book (P/B): 0.62
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 30.65
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 61 Neutral
• Price Target: AU$0.13 ▲(10.00% Upside)

Overall score reflects weak and highly volatile operating performance and inconsistent cash generation as the main drag, partially offset by a strong low-debt balance sheet. Technicals are modestly supportive with price above key moving averages, and valuation looks inexpensive on P/E.

Positive Factors

Low-debt balance sheet

A minimal-debt balance sheet provides durable financial flexibility for a cyclical steel business. It creates a capital cushion to absorb downturns, supports short-term liquidity, and enables opportunistic investment or restructuring without immediate refinancing risk.

Strong balance sheet score

A high balance-sheet score reflecting low leverage and rising equity materially reduces solvency and refinancing risk. Over a 2–6 month horizon this underpins credibility with suppliers and lenders and preserves capacity for capex or strategic moves if trading conditions improve.

Recent positive operating cash flow

Positive operating and free cash flow in the latest period demonstrates the company can generate internal funding in current conditions. Sustained cash generation, if maintained, supports reinvestment, working capital needs and reduces dependence on external financing.

Negative Factors

Revenue collapse

A 100% drop in reported revenue is a fundamental red flag for business continuity and model validity. Without recurring top-line sales, operating leverage, customer relationships and future margin recovery are highly uncertain, threatening long-term viability absent revenue restoration.

Volatile earnings and low earnings quality

Extreme swings in profitability and indications that net income is driven by non-operating items undermine earnings reliability. This reduces management's ability to plan, weakens stakeholder confidence and makes future cash flows and distributions difficult to forecast.

Inconsistent cash generation history

Repeated negative operating and free cash flow across multiple years raises structural funding risk. Persistent cash deficits can force asset sales, increased borrowing, or equity raises, constraining capital allocation and impairing the company's ability to pursue strategic initiatives.

GWR Group Limited Business Overview & Revenue Model

Company Description

GWR Group Limited explores for, develops, and evaluates mining projects in Australia. The company explores for iron ore, gold, and tungsten deposits. It primarily holds interests in the Wiluna West Gold and Iron projects located in Western Australia. The company also holds an 80% interest in the Hatches Creek tungsten project consisting of two granted exploration licenses covering an area of 31.4 square kilometers located in the Northern Territory; and holds a 70% interest in the Prospect Ridge Magnesite project located in Tasmania. The company was formerly known as Golden West Resources Limited and changed its name to GWR Group Limited in December 2013. GWR Group Limited was incorporated in 2002 and is based in West Perth, Australia.

How the Company Makes Money

GWR Group Limited generates revenue through the exploration and development of its mineral resources, primarily iron ore and gold. The company earns money by extracting and selling these minerals to various markets. Its revenue streams include the sale of raw minerals and potential joint venture arrangements with other mining companies to share exploration and production costs. Additionally, GWR may engage in licensing deals or partnerships to further capitalize on its mineral assets and expand its market reach.

GWR Group Limited Financial Statement Overview

Summary

GWR Group Limited's financial statements present a mixed picture. While the company maintains a strong equity position without debt, its profitability is severely hampered by recurring net losses and negative cash flows. Revenue growth appears inconsistent, suggesting volatility in operations. Although the lack of debt reduces financial risk, continuous negative earnings and cash flow indicate underlying operational and financial challenges that need addressing for sustainable growth.

Income Statement

The income statement reveals erratic revenue trends with significant volatility. Gross profit margin is positive at 96.05%, yet the company reports substantial net losses, reflected in a negative net profit margin of -2275.52%. Revenue growth is marked by drastic fluctuations over the years, with a recent year-to-year increase from $254,595 to $928,258, indicating potential instability. Negative EBIT and EBITDA margins further highlight profitability challenges.

Balance Sheet

The balance sheet shows a strong equity position with a debt-free structure, as total debt stands at zero. Return on Equity (ROE) is significantly negative at -53.54%, due to large net losses. The equity ratio is robust at 94.46%, indicating strong financial stability despite net income losses. Overall, the balance sheet suggests a solid equity foundation but faces profitability issues.

Cash Flow

Cash flow analysis indicates negative operating and free cash flows, with free cash flow decreasing significantly from the previous year. The operating cash flow to net income ratio is negative, reflecting cash flow challenges in relation to earnings. However, investing cash flow shows positive inflows, primarily due to asset sales. The cash flow statement highlights liquidity concerns amidst substantial operating losses.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	2.26M	0.00	928.26K	16.70K	121.71M	672.00
Gross Profit	2.26M	-8.55K	891.66K	-12.87M	-11.48M	-53.47M
EBITDA	-908.33K	9.15M	-964.70K	-1.40M	-344.78K	1.35M
Net Income	1.10M	8.36M	-21.12M	55.63M	-20.71M	7.47M
Balance Sheet
Total Assets	53.60M	55.49M	41.76M	72.01M	36.17M	48.72M
Cash, Cash Equivalents and Short-Term Investments	45.15M	38.90M	37.14M	9.49M	8.67M	24.39M
Total Debt	0.00	0.00	0.00	571.63K	811.63K	1.05M
Total Liabilities	5.48M	7.38M	2.32M	11.66M	31.45M	26.28M
Stockholders Equity	48.12M	48.11M	39.44M	60.35M	4.72M	22.44M
Cash Flow
Free Cash Flow	-492.64K	976.39K	-3.13M	-17.46M	-15.59M	26.15M
Operating Cash Flow	-492.64K	976.39K	-3.13M	-17.46M	-15.29M	26.15M
Investing Cash Flow	9.50M	10.00M	22.92M	17.67M	-916.79K	-7.63M
Financing Cash Flow	0.00	0.00	0.00	-1.38M	885.56K	3.82M

GWR Group Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.12
• 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:GWR, the sentiment is Positive. The current price of 0.12 is above the 20-day moving average (MA) of 0.12, above the 50-day MA of 0.11, and above the 200-day MA of 0.10, indicating a bullish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 53.07 is Neutral, neither overbought nor oversold. The STOCH value of 66.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:GWR.

GWR Group Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IRD	65 Neutral	AU$19.97M	3.93	3.77%	―	―	―
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
GWR	61 Neutral	AU$38.83M	4.62	19.09%	―	―	―
M4M	41 Neutral	AU$41.12M	-5.56	-92.18%	―	―	66.67%
EQX	28 Underperform	AU$24.97M	-6.04	-32.09%	―	―	-141.04%

GWR Group Limited Corporate Events

GWR Group Advances Mineral Projects and Strengthens Market Position

GWR Group Limited has made significant progress in its mineral projects, particularly the Prospect Ridge Magnesite Project in Tasmania, where it holds a 70% interest. The project is advanced, with extensive previous work including drilling and feasibility studies, and is part of a government-funded research collaboration. GWR also maintains strategic investments in tungsten and holds royalty interests in iron ore and gold projects, positioning itself strongly within the resource sector. The company has substantial cash reserves and continues to evaluate potential acquisitions that align with its strategic goals.

GWR Group Limited Announces Annual General Meeting

GWR Group Limited has announced its upcoming annual general meeting, scheduled for November 28, 2025, at DLA Piper in Perth, WA. The company is encouraging shareholders to access meeting materials electronically to reduce administrative costs, although hard copies can be requested if needed. Shareholders are urged to attend or vote by proxy.