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National Tyre & Wheel Ltd. (AU:NTD)
ASX:NTD
Australian Market
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National Tyre & Wheel Ltd. (NTD) AI Stock Analysis

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AU:NTD

National Tyre & Wheel Ltd.

(Sydney:NTD)

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Neutral 48 (OpenAI - 4o)
Rating:48Neutral
Price Target:
AU$0.50
▲(72.41% Upside)
The overall score reflects significant financial challenges, particularly in profitability and leverage, despite strong cash flow. Technical indicators suggest a bearish trend, and valuation metrics are unattractive due to negative earnings.

National Tyre & Wheel Ltd. (NTD) vs. iShares MSCI Australia ETF (EWA)

National Tyre & Wheel Ltd. Business Overview & Revenue Model

Company DescriptionNational Tyre & Wheel Limited, together with its subsidiaries, engages in the marketing and distribution of motor vehicle tires, wheels, tubes, and related products in Australia, New Zealand, and South Africa. Its products include truck and bus tires, 4WD tires, agricultural and off-the-road tires, 4WD wheels, industrial tires, original equipment tires and wheels, and budget tires. The company was founded in 1989 and is headquartered in Hamilton, Australia.
How the Company Makes MoneyNational Tyre & Wheel Ltd. generates revenue primarily through the sale of tyres and wheels, which constitutes its core business operation. The company sources products from various manufacturers and sells them through a network of retail outlets and online platforms. Key revenue streams include direct sales to consumers, wholesale distribution to automotive and retail partners, and the provision of installation and maintenance services. Additionally, NTD may engage in strategic partnerships with tyre manufacturers and automotive service providers, enhancing its product offerings and market reach. Seasonal demand fluctuations and marketing strategies also significantly influence the company's earnings.

National Tyre & Wheel Ltd. Financial Statement Overview

Summary
National Tyre & Wheel Ltd. faces profitability and leverage challenges, with negative margins and high debt levels. However, strong cash flow generation provides some resilience, which could support future stability if operational issues are addressed.
Income Statement
45
Neutral
National Tyre & Wheel Ltd. has experienced a decline in profitability with negative net profit and EBIT margins in the most recent year, indicating operational challenges. The revenue growth rate is positive, but the gross profit margin has decreased, suggesting pressure on cost management.
Balance Sheet
40
Negative
The company's balance sheet shows a high debt-to-equity ratio, indicating significant leverage. The negative return on equity reflects recent losses, and the equity ratio suggests a moderate level of equity financing relative to total assets.
Cash Flow
60
Neutral
Cash flow performance is relatively strong, with significant free cash flow growth and a healthy free cash flow to net income ratio. However, the operating cash flow to net income ratio is low, suggesting potential issues in converting income into cash.
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue538.15M538.15M533.43M582.28M555.55M461.53M
Gross Profit152.26M152.26M168.44M55.37M59.81M64.62M
EBITDA7.53M-15.12M36.32M36.32M40.56M46.20M
Net Income-43.76M-43.76M1.56M3.33M9.40M20.25M
Balance Sheet
Total Assets354.10M354.10M413.10M376.05M385.67M268.44M
Cash, Cash Equivalents and Short-Term Investments46.99M46.99M39.11M33.04M35.83M29.05M
Total Debt177.42M177.42M177.55M160.15M163.39M78.86M
Total Liabilities267.74M267.74M295.80M260.71M273.21M176.63M
Stockholders Equity83.81M83.81M114.54M112.27M108.96M88.47M
Cash Flow
Free Cash Flow23.34M23.34M30.57M20.06M6.71M20.11M
Operating Cash Flow27.13M27.13M35.22M24.17M11.84M22.67M
Investing Cash Flow-2.36M-2.36M-6.12M-6.25M-52.56M-39.16M
Financing Cash Flow-17.21M-17.21M-23.50M-18.04M44.86M19.05M

National Tyre & Wheel Ltd. Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.29
Price Trends
50DMA
0.32
Negative
100DMA
0.27
Positive
200DMA
0.24
Positive
Market Momentum
MACD
>-0.01
Positive
RSI
37.79
Neutral
STOCH
33.33
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:NTD, the sentiment is Negative. The current price of 0.29 is below the 20-day moving average (MA) of 0.31, below the 50-day MA of 0.32, and above the 200-day MA of 0.24, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 37.79 is Neutral, neither overbought nor oversold. The STOCH value of 33.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:NTD.

National Tyre & Wheel Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
AU$45.75M25.0018.17%25.15%2.22%
AU$290.16M11.9610.48%4.50%1.54%-10.39%
AU$17.08M3.628.25%-5.17%-19.44%
$18.38B12.79-2.54%3.03%1.52%-15.83%
AU$440.29M-54.12-4.58%13.54%66.00%
AU$50.31M-1.02-44.12%0.89%-2641.38%
* Consumer Cyclical Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:NTD
National Tyre & Wheel Ltd.
0.29
-0.13
-30.95%
AU:SFC
Schaffer Corporation Limited
20.00
-0.88
-4.21%
AU:ABV
Advanced Braking Technology Limited
0.11
0.03
37.50%
AU:AMA
Ama Group Limited
0.10
0.04
66.67%
AU:RPM
RPM Automotive Group Ltd.
0.06
-0.02
-25.00%

National Tyre & Wheel Ltd. Corporate Events

National Tyre & Wheel Ltd. Releases 2025 Annual Report
Oct 17, 2025

National Tyre & Wheel Ltd. has released its annual report for 2025, highlighting its focus on premium tyre and wheel brands. The company is committed to building a stronger and more sustainable business with the support of its stakeholders. The report outlines the company’s priorities for fiscal year 2026, including the retread truck and bus tyre segment, which is crucial for its future growth.

The most recent analyst rating on (AU:NTD) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on National Tyre & Wheel Ltd. stock, see the AU:NTD Stock Forecast page.

National Tyre & Wheel Ltd. Announces 2025 AGM Details
Oct 10, 2025

National Tyre & Wheel Ltd. has announced its 2025 Annual General Meeting, which will be held both in-person and virtually on November 13, 2025. Shareholders have been provided with the necessary documents electronically, and the company encourages participation through various online platforms, reflecting its commitment to accessibility and shareholder engagement.

The most recent analyst rating on (AU:NTD) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on National Tyre & Wheel Ltd. stock, see the AU:NTD Stock Forecast page.

NTAW Secures Extension on Financial Covenant Waiver
Oct 1, 2025

National Tyre & Wheel Ltd. (NTAW) has announced that the Commonwealth Bank of Australia (CBA) has extended the waiver period for financial covenant defaults related to its borrowing facility until December 31, 2025. Since June 30, 2025, NTAW has repaid $11 million of the borrowing facility, with further repayments planned for 2026, and the overall borrowing limit has been reduced by $13 million. This extension and CBA’s support align with NTAW’s current trading environment, maintaining the borrowing facility with an expiry date of September 30, 2027.

The most recent analyst rating on (AU:NTD) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on National Tyre & Wheel Ltd. stock, see the AU:NTD Stock Forecast page.

National Tyre & Wheel Ltd. Announces Cessation of Securities
Oct 1, 2025

National Tyre & Wheel Ltd. announced the cessation of 1,540,000 securities due to the expiry of options without exercise or conversion as of September 30, 2025. This development may impact the company’s capital structure and could have implications for stakeholders, particularly in terms of the company’s financial strategies and market positioning.

The most recent analyst rating on (AU:NTD) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on National Tyre & Wheel Ltd. stock, see the AU:NTD Stock Forecast page.

National Tyre & Wheel Ltd. Affirms Commitment to Corporate Governance
Aug 28, 2025

National Tyre & Wheel Ltd. has released its Corporate Governance Statement for the period from 1 July 2024 to 30 June 2025, demonstrating compliance with the ASX Corporate Governance Council’s Principles and Recommendations. The statement outlines the company’s adherence to governance practices, including board management roles, director appointments, and diversity policies. The company has set measurable objectives for gender diversity and is committed to improving diversity in its board and senior executive group. This announcement underscores the company’s commitment to robust governance practices, which is crucial for maintaining stakeholder trust and industry credibility.

The most recent analyst rating on (AU:NTD) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on National Tyre & Wheel Ltd. stock, see the AU:NTD Stock Forecast page.

National Tyre & Wheel Ltd. Sets Strategic Focus for FY2026
Aug 28, 2025

National Tyre & Wheel Ltd. has outlined its strategic focus for the fiscal year 2026, emphasizing the importance of challenging existing approaches, leveraging strong market positions to drive growth, and developing a strategic roadmap to enhance core capabilities and introduce new offerings. This strategic direction is expected to strengthen the company’s operations and market positioning, potentially benefiting stakeholders by aligning with customer success.

The most recent analyst rating on (AU:NTD) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on National Tyre & Wheel Ltd. stock, see the AU:NTD Stock Forecast page.

NTAW Reports Turnaround in Second Half of FY2025
Aug 28, 2025

National Tyre & Wheel Ltd. (NTAW) has reported a significant improvement in its financial performance for the second half of the fiscal year ending June 2025, under the leadership of new CEO Warwick Hay. Despite a challenging first half and a net loss for the year, the company achieved an Operating EBITDA of $30.3 million, driven by cost reductions and improved inventory management. The strategic changes have set a foundation for future growth, with plans for further debt reduction and operational improvements in the coming year.

The most recent analyst rating on (AU:NTD) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on National Tyre & Wheel Ltd. stock, see the AU:NTD Stock Forecast page.

NTAW Holdings Reports Significant Financial Losses for FY2025
Aug 28, 2025

NTAW Holdings Limited has reported its financial results for the year ending June 30, 2025, showing a slight increase in revenues from ordinary activities by 0.9% to $538.2 million. However, the company experienced a significant decline in net profit, with a loss of $43.8 million compared to a profit of $1.6 million in the previous year, marking a 2,899.7% decrease. The earnings before interest, tax, depreciation, and amortization (EBITDA) also fell by 126.1%, indicating operational challenges. No dividends were declared for the year, and the net tangible assets per ordinary security decreased from 52.96 cents to 44.64 cents, reflecting a challenging financial period for the company.

The most recent analyst rating on (AU:NTD) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on National Tyre & Wheel Ltd. stock, see the AU:NTD Stock Forecast page.

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: Oct 25, 2025