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

• Market Cap: AU$53.67M
• Dividend Yield: N/A
• Average Volume (3M): 26.64K
• Price to Earnings (P/E): 15.9
• Beta (1Y): 0.36
• 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: 5,495
• 30 Day Avg. Volume: 26,635
• 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: AU$0.50
• Price Target Upside: 56.25% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 52 Neutral
• Price Target: AU$0.50 ▲(56.25% Upside)

National Tyre & Wheel Ltd.'s overall score is primarily influenced by its financial performance challenges, particularly in profitability and leverage. The technical analysis provides some positive momentum signals, but valuation concerns due to negative earnings weigh heavily on the score.

National Tyre & Wheel Ltd. Business Overview & Revenue Model

Company Description

National Tyre & Wheel Ltd. (NTD) is an Australian-based company operating in the automotive sector, specializing in the distribution and marketing of a wide range of tyres, wheels, and related products. The company serves both retail and wholesale markets, supplying products for passenger vehicles, commercial vehicles, and off-the-road vehicles. NTD's offerings include leading international and proprietary brands, which are distributed through a network of resellers and direct to consumers across Australia, New Zealand, and South Africa.

How the Company Makes Money

National Tyre & Wheel Ltd. generates revenue primarily through the sale of tyres and wheels to a diverse customer base, including automotive retailers, mechanical repair shops, and direct consumers. The company capitalizes on its extensive distribution network and strategic partnerships with leading tyre manufacturers to ensure a broad product range and competitive pricing. Key revenue streams include wholesale distribution to retailers and direct sales through e-commerce platforms. Additionally, NTD benefits from value-added services such as logistics and inventory management, enhancing their offerings and creating additional revenue opportunities.

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

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: Positive
• Last Price: 0.32
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:NTD, the sentiment is Positive. The current price of 0.32 is below the 20-day moving average (MA) of 0.33, above the 50-day MA of 0.31, and above the 200-day MA of 0.23, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 48.45 is Neutral, neither overbought nor oversold. The STOCH value of 18.10 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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
RPM	77 Outperform	AU$17.35M	10.16	8.25%	―	-5.17%	-70.83%
SFC	74 Outperform	AU$288.94M	11.78	10.48%	4.28%	1.54%	-10.39%
ABV	64 Neutral	AU$48.74M	26.09	18.17%	―	25.15%	2.22%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
AMA	56 Neutral	AU$454.64M	465.00	-4.58%	―	13.54%	66.00%
NTD	52 Neutral	AU$53.67M	15.95	-44.12%	―	0.89%	-2641.38%

National Tyre & Wheel Ltd. Corporate Events

National Tyre & Wheel Ltd. Appoints New Director with Performance Rights

National Tyre & Wheel Ltd. has announced the appointment of Warwick Hay as a director, effective from July 1, 2025. This appointment includes an allocation of 500,000 performance rights, indicating a strategic move to strengthen the company’s leadership team and potentially enhance its market position.

National Tyre & Wheel Appoints New Managing Director Amidst Strategic Consolidation

National Tyre & Wheel Ltd. has appointed Mr. Warwick Hay as its new Managing Director, effective July 1, 2025. Mr. Hay, who has been with the company since September 2024, previously served as Chief Operating Officer and Chief Executive Officer. His appointment is expected to strengthen the company’s strategic initiatives and drive long-term shareholder value, aligning with the company’s current phase of business consolidation. Additionally, Executive Director Mr. Peter Ludemann will retire from the Board but will continue to contribute in a consulting role, leveraging his industry expertise.

National Tyre & Wheel Ltd. Announces Cessation of Securities

National Tyre & Wheel Ltd. announced the cessation of 50,000 securities due to the lapse of conditional rights, as the conditions were not met or became incapable of being satisfied. This announcement may impact the company’s issued capital and could have implications for its stakeholders, reflecting a potential shift in its financial strategy or market positioning.

NTAW Restructures Dunlop Tyre Distribution Agreements

National Tyre & Wheel Ltd. (NTAW) has restructured its distribution agreements for Dunlop tyres in Australia and New Zealand. The company will cease importing Dunlop tyres to Australia but will continue distribution in New Zealand under a new agreement. This strategic shift includes mutual termination agreements with Goodyear and Sumitomo, allowing NTAW to focus on expanding its other wholesale and retail business units while introducing new products to increase market share.