National Tyre & Wheel Ltd. (NTD) AI Stock Analysis

• Market Cap: AU$50.31M
• Dividend Yield: N/A
• Average Volume (3M): 24.55K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.42
• Revenue Growth: 0.89%
• EPS Growth: -2641.38%
• Country: AU
• Employees: 500
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Auto - Parts
• EPS (TTM): >-0.01
• Shares Outstanding: 167,707,610
• 10 Day Avg. Volume: 30,284
• 30 Day Avg. Volume: 24,552
• PEG Ratio: <0.01
• Price to Book (P/B): 0.34
• Price to Sales (P/S): 0.05
• P/FCF Ratio: 1.22
• 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: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 48 Neutral
• Price Target: AU$0.50 ▲(92.31% 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.

Positive Factors

Revenue Growth

Positive revenue growth indicates expanding market reach and increased demand for products, which can enhance long-term business stability.

Cash Flow Generation

Strong cash flow generation supports operational flexibility and the ability to invest in growth opportunities, aiding long-term sustainability.

Market Position

A leading market position provides competitive advantages, brand recognition, and customer loyalty, fostering long-term growth potential.

Negative Factors

Profitability Challenges

Declining profitability indicates operational inefficiencies and cost management issues, which could hinder long-term financial health.

High Leverage

Significant leverage increases financial risk and limits flexibility, potentially impacting the company's ability to invest in growth.

Margin Pressure

Decreasing margins suggest cost pressures, which can erode profitability and affect the company's ability to sustain competitive pricing.

National Tyre & Wheel Ltd. Business Overview & Revenue Model

Company Description

National Tyre & Wheel Ltd. (NTD) is an Australian company specializing in the distribution and retail of tyres and wheels for various vehicles, including passenger cars, trucks, and recreational vehicles. The company operates through multiple sectors, such as automotive, agricultural, and industrial markets, providing a wide range of products, from tyres and wheels to related accessories and services. NTD is committed to delivering quality products and excellent customer service, establishing itself as a leader in the tyre and wheel industry across Australia and New Zealand.

How the Company Makes Money

National 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.

Income Statement

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

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

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.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	538.15M	538.15M	533.43M	582.28M	555.55M	461.53M
Gross Profit	152.26M	152.26M	168.44M	55.37M	59.81M	64.62M
EBITDA	7.53M	-15.12M	36.32M	36.32M	40.56M	46.20M
Net Income	-43.76M	-43.76M	1.56M	3.33M	9.40M	20.25M
Balance Sheet
Total Assets	354.10M	354.10M	413.10M	376.05M	385.67M	268.44M
Cash, Cash Equivalents and Short-Term Investments	46.99M	46.99M	39.11M	33.04M	35.83M	29.05M
Total Debt	177.42M	177.42M	177.55M	160.15M	163.39M	78.86M
Total Liabilities	267.74M	267.74M	295.80M	260.71M	273.21M	176.63M
Stockholders Equity	83.81M	83.81M	114.54M	112.27M	108.96M	88.47M
Cash Flow
Free Cash Flow	23.34M	23.34M	30.57M	20.06M	6.71M	20.11M
Operating Cash Flow	27.13M	27.13M	35.22M	24.17M	11.84M	22.67M
Investing Cash Flow	-2.36M	-2.36M	-6.12M	-6.25M	-52.56M	-39.16M
Financing Cash Flow	-17.21M	-17.21M	-23.50M	-18.04M	44.86M	19.05M

National Tyre & Wheel Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.26
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Positive
• STOCH: 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 0.26 is below the 20-day moving average (MA) of 0.28, below the 50-day MA of 0.29, and above the 200-day MA of 0.25, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 23.34 is Positive, neither overbought nor oversold. The STOCH value of 48.15 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

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SFC	66 Neutral	AU$290.16M	11.96	10.48%	4.39%	1.54%	-10.39%
RPM	63 Neutral	AU$16.81M	3.56	8.25%	―	-5.17%	-19.44%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
ABV	61 Neutral	AU$45.75M	25.00	18.17%	―	25.15%	2.22%
AMA	53 Neutral	AU$4.45B	-547.06	-4.58%	―	13.54%	66.33%
NTD	48 Neutral	AU$50.31M	-1.02	-44.12%	―	0.89%	-2641.38%

National Tyre & Wheel Ltd. Corporate Events

NTAW Holdings Reports Successful AGM with All Resolutions Passed

NTAW Holdings Limited, listed on the ASX under the ticker NTD, announced the results of its 2025 Annual General Meeting, where all resolutions were successfully passed. The resolutions included matters such as the re-election of directors and approval of performance rights, indicating strong shareholder support and potentially stable governance for the company moving forward.

NTAW Holdings Reports $44 Million Loss Amidst Strategic Reset

NTAW Holdings Limited reported a significant financial loss of $44 million for the fiscal year ending June 2025, attributed to poor operational execution, challenging economic conditions, and the loss of a key distribution agreement. The company is undergoing a financial and cultural reset under the leadership of newly appointed CEO Warwick Hay, focusing on cost reductions, improved inventory controls, and strengthening supplier relationships. Despite current challenges, NTAW is positioned to benefit from its investments in retreading facilities and aims to improve financial performance in the coming years.

National Tyre & Wheel Withdraws Resolution on Placement Capacity

National Tyre & Wheel Ltd. has decided to withdraw ‘Resolution 4 – Approval of 10% Placement Capacity’ from its upcoming Annual General Meeting agenda. This decision follows shareholder feedback and the company’s current lack of intention to use the additional placement capacity. The withdrawal will not affect the validity of proxy votes for other resolutions.

National Tyre & Wheel Ltd. Releases 2025 Annual Report

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.

National Tyre & Wheel Ltd. Announces 2025 AGM Details

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.

NTAW Secures Extension on Financial Covenant Waiver

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.

National Tyre & Wheel Ltd. Announces Cessation of Securities

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.