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

• Market Cap: AU$33.54M
• Dividend Yield: N/A
• Average Volume (3M): 83.89K
• Price to Earnings (P/E): 15.9
• Beta (1Y): -0.06
• Revenue Growth: -3.66%
• EPS Growth: -750.00%
• Country: AU
• Employees: 500
• Sector: Consumer Cyclical
• Sector Strength: 65
• Industry: Auto - Parts
• EPS (TTM): 0.00
• Shares Outstanding: 167,707,610
• 10 Day Avg. Volume: 60,730
• 30 Day Avg. Volume: 83,893
• PEG Ratio: <0.01
• Price to Book (P/B): 0.34
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 3.48
• 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

• Rating: 58 Neutral
• Price Target: AU$0.00 ▼(-100.00%Downside)

National Tyre & Wheel Ltd.'s stock score is primarily affected by its mixed financial performance and unattractive valuation. Strong cash flow is a positive, but declining revenue and weak profitability metrics are concerning. The negative P/E ratio further signals potential distress. The technical outlook is neutral to negative, with long-term bearish trends, making the overall investment outlook cautious.

National Tyre & Wheel Ltd. Business Overview & Revenue Model

Company Description

National 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 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. exhibits strong cash flow generation with a significant increase in free cash flow. However, profitability metrics like net profit margin and return on equity are weak, and revenue has decreased, indicating financial challenges.

Income Statement

The income statement shows mixed performance. The gross profit margin in the latest year is 10.58%, indicating modest profitability. The net profit margin has declined to 0.29%, showing a decrease in net income relative to revenue. Revenue decreased by 8.38% compared to the previous year, indicating a reduction in sales. The EBIT margin improved to 2.40%, while the EBITDA margin remained stable at 6.81%, suggesting moderate operating efficiency despite revenue decline.

Balance Sheet

The balance sheet reflects a stable financial position with a debt-to-equity ratio of 1.55, indicating moderate leverage. The return on equity (ROE) is low at 1.36%, showing limited returns on shareholder investment. The equity ratio is 27.73%, suggesting a balanced capital structure with room for leveraging opportunities.

Cash Flow

The cash flow statement highlights strong operating cash flow with a 45.73% increase in free cash flow year-over-year. The operating cash flow to net income ratio is robust at 22.54, showing strong cash generation relative to earnings. The free cash flow to net income ratio is 19.56, indicating effective cash management and potential for reinvestment.

Breakdown	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	533.43M	582.28M	555.55M	461.53M	158.86M
Gross Profit	168.44M	55.37M	59.81M	64.62M	19.04M
EBITDA	36.32M	36.32M	40.56M	46.20M	12.35M
Net Income	1.56M	3.33M	9.40M	20.25M	4.55M
Balance Sheet
Total Assets	413.10M	376.05M	385.67M	268.44M	125.19M
Cash, Cash Equivalents and Short-Term Investments	38.89M	33.04M	35.83M	29.05M	25.86M
Total Debt	177.55M	160.15M	163.39M	78.86M	24.69M
Total Liabilities	295.80M	260.71M	273.21M	176.63M	56.35M
Stockholders Equity	114.54M	112.27M	108.96M	88.47M	65.79M
Cash Flow
Free Cash Flow	30.57M	20.06M	6.71M	20.11M	14.26M
Operating Cash Flow	35.22M	24.17M	11.84M	22.67M	15.52M
Investing Cash Flow	-6.12M	-6.25M	-52.56M	-39.16M	-1.04M
Financing Cash Flow	-23.50M	-18.04M	44.86M	19.05M	-7.86M

National Tyre & Wheel Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.20
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

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 0.2 is above the 20-day moving average (MA) of 0.19, above the 50-day MA of 0.20, and below the 200-day MA of 0.26, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 55.60 is Neutral, neither overbought nor oversold. The STOCH value of 83.33 is Negative, 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	76 Outperform	AU$16.27M	3.82	6.94%	―	12.63%	46.73%
SFC	69 Neutral	AU$283.37M	9.15	13.91%	4.32%	5.89%	79.20%
ABV	67 Neutral	AU$32.62M	24.24	14.53%	―	18.20%	-15.38%
Sector *	63 Neutral	$16.78B	10.88	-7.08%	3.04%	1.73%	-25.15%
NTD	58 Neutral	AU$33.54M	15.95	-42.37%	―	-3.66%	-750.00%
AMA	48 Neutral	AU$454.35M	470.00	1.53%	―	-1.09%	―

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.