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Ryder Capital Ltd. (AU:RYD)
ASX:RYD
Australian Market

Ryder Capital Ltd. (RYD) AI Stock Analysis

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AU:RYD

Ryder Capital Ltd.

(Sydney:RYD)

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Neutral 63 (OpenAI - 5.2)
Rating:63Neutral
Price Target:
AU$2.50
▲(26.90% Upside)
Action:ReiteratedDate:12/30/25
The score is primarily held back by volatile cash flow and uneven operating performance despite a very conservative, debt-free balance sheet. Technicals are constructive but appear overextended (RSI/Stoch elevated), while valuation is pressured by a high P/E that outweighs the benefit of a ~5% dividend yield.
Positive Factors
Debt-Free Balance Sheet
A debt-free balance sheet significantly lowers financial risk, providing the company with greater flexibility to invest in growth opportunities and weather economic downturns.
Strategic Share Buy-Back
The share buy-back program reflects a strategic approach to optimize capital structure and enhance shareholder value, indicating management's confidence in the company's long-term prospects.
Dividend Policy Enhancement
The enhanced dividend policy with quarterly payments and a 20% increase demonstrates a commitment to providing steady returns, improving shareholder income visibility and confidence in future cash flows.
Negative Factors
Volatile Cash Flow
Inconsistent cash flow generation raises concerns about the company's ability to sustain operations and invest in growth, potentially impacting long-term financial stability and strategic initiatives.
Revenue Volatility
While recent revenue growth is positive, the historical volatility poses risks to predictable earnings, complicating strategic planning and potentially affecting investor confidence.
Inconsistent Profitability
Inconsistent profitability, despite high margins, undermines confidence in earnings quality and sustainability, posing challenges for long-term strategic execution and market positioning.

Ryder Capital Ltd. (RYD) vs. iShares MSCI Australia ETF (EWA)

Ryder Capital Ltd. Business Overview & Revenue Model

Company DescriptionRyder Capital Limited is a listed investment company launched and managed by Ryder Investment Management Pty Limited. Ryder Capital Limited is based in Australia.
How the Company Makes Moneynull

Ryder Capital Ltd. Financial Statement Overview

Summary
Strong balance-sheet profile with zero debt (low financial risk) and solid reported profitability in recent years, but material volatility in revenue/earnings and especially inconsistent operating/free cash flow (including negative FCF in FY2025) reduces confidence in earnings quality and sustainability.
Income Statement
74
Positive
Revenue has been volatile but improved recently, with strong growth in FY2025 (up ~177% year-over-year) following prior swings (including a decline in FY2023). Profitability is generally strong on paper in the last several years, with high net margins in FY2022–FY2025 and a return to solid EBIT in FY2025 after a weaker/uneven FY2024 EBIT result. The key weakness is inconsistency across periods (including a loss in FY2021) and some margin figures that appear unusually extreme, which increases confidence risk in the underlying earnings quality/trend.
Balance Sheet
86
Very Positive
The balance sheet is conservatively positioned with zero total debt across all reported years, which materially lowers financial risk. Equity is sizable and has generally trended upward versus earlier periods, supporting stability. Return on equity is modest (~1%–3% in most profitable years, negative in FY2021), indicating solid capitalization but only moderate efficiency in generating profits from the equity base.
Cash Flow
45
Neutral
Cash generation is the main weak spot: operating cash flow and free cash flow swing sharply between positive and negative, including large outflows in FY2021 and FY2022 and another outflow in FY2025. While FY2023–FY2024 showed positive operating and free cash flow, the return to negative cash flow in FY2025 raises questions about sustainability and timing of cash receipts vs. reported profits. Overall, cash flow volatility and periodic cash burn reduce financial quality despite reported profitability.
BreakdownJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income Statement
Total Revenue3.95M3.73M2.88M4.82M1.81M
Gross Profit3.95M847.49K1.41M3.03M-6.79M
EBITDA1.85M1.89M1.18M3.09M-7.15M
Net Income2.22M2.03M1.51M3.48M-4.53M
Balance Sheet
Total Assets132.48M115.06M105.58M119.00M140.08M
Cash, Cash Equivalents and Short-Term Investments10.04M1.82M9.79M14.90M20.84M
Total Debt0.000.000.000.000.00
Total Liabilities5.79M772.46K982.68K123.75K20.47M
Stockholders Equity126.69M114.29M104.59M118.88M119.61M
Cash Flow
Free Cash Flow-1.37M1.24M1.56M-7.92M-8.62M
Operating Cash Flow-1.37M1.24M1.56M-7.92M-8.62M
Investing Cash Flow18.88M-790.81K732.04K-18.61M2.56M
Financing Cash Flow-9.29M-8.42M-7.40M20.59M9.47M

Ryder Capital Ltd. Technical Analysis

Technical Analysis Sentiment
Positive
Last Price1.97
Price Trends
50DMA
1.97
Positive
100DMA
1.83
Positive
200DMA
1.61
Positive
Market Momentum
MACD
0.01
Positive
RSI
52.18
Neutral
STOCH
52.38
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:RYD, the sentiment is Positive. The current price of 1.97 is below the 20-day moving average (MA) of 2.01, above the 50-day MA of 1.97, and above the 200-day MA of 1.61, indicating a neutral trend. The MACD of 0.01 indicates Positive momentum. The RSI at 52.18 is Neutral, neither overbought nor oversold. The STOCH value of 52.38 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:RYD.

Ryder Capital Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (68)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
72
Outperform
AU$64.02M7.0532.22%6.39%22.67%19.47%
68
Neutral
$18.00B11.429.92%3.81%9.73%1.22%
63
Neutral
-163.641.84%5.35%-12.06%11.48%
61
Neutral
AU$62.22M-39.843.57%6.89%30.36%-31.47%
55
Neutral
AU$26.98M70.252.17%2.94%38.32%
53
Neutral
AU$30.12M53.682.42%2.03%18.17%
* Financial Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:RYD
Ryder Capital Ltd.
2.01
0.77
62.62%
AU:LCE
London City Equities Ltd
0.85
0.01
1.19%
AU:CIW
Clime Investment Management Ltd
0.37
>-0.01
-0.82%
AU:MAM
Microequities Asset Management Group Ltd.
0.50
-0.02
-4.58%
AU:SB2
Salter Brothers Emerging Companies Ltd.
0.76
-0.05
-5.63%

Ryder Capital Ltd. Corporate Events

Ryder Capital Delivers 61% Return in 2025 and Launches Enhanced Quarterly Dividend
Jan 8, 2026

Ryder Capital reported a strong finish to 2025, with pre-tax net tangible assets rising 3.27% in December to $2.2476 per share despite a $4.8m tax payment, and delivering a 61.03% pre-tax return for the calendar year, significantly ahead of its performance hurdle. Gains were driven by core long-term holdings such as Lumos Diagnostics, Macmahon Holdings, Janison Education and Symal Group, while positions in OFX Group and Vitrafy Life Sciences modestly detracted. The manager actively rebalanced the portfolio, adding to Adore Beauty and Airtasker, backing a capital raise for Polymetals, and fully exiting Humm Group on governance grounds, leaving gross assets at $189.38m and cash at 12.06% of the portfolio. In a move aimed at delivering more regular income and enhancing the appeal of the stock to income-focused investors, Ryder also declared its first quarterly fully franked dividend of 3.0 cents per share under a new enhanced dividend policy, implying an annualised 12.0 cents and a fully franked yield of about 6.2% based on the month-end share price.

The most recent analyst rating on (AU:RYD) stock is a Hold with a A$2.00 price target. To see the full list of analyst forecasts on Ryder Capital Ltd. stock, see the AU:RYD Stock Forecast page.

Ryder Capital Launches Enhanced Quarterly Fully Franked Dividend Policy
Jan 5, 2026

Ryder Capital Limited has declared its first quarterly dividend of 3.0 cents per share fully franked, payable on 27 January 2026, inaugurating a new schedule of quarterly distributions. Under the enhanced dividend policy, the company plans to pay 3.0 cents per share fully franked after each of the March and June quarters of FY26, equating to an annualised 12.0 cents per share, which is intended to form the base rate for FY27 subject to performance, while lifting the FY26 imputation credit rate to 30% from 25% and reinforcing its focus on steady or increasing fully franked dividends for shareholders.

The most recent analyst rating on (AU:RYD) stock is a Hold with a A$2.00 price target. To see the full list of analyst forecasts on Ryder Capital Ltd. stock, see the AU:RYD Stock Forecast page.

Ryder Capital Declares A$0.03 Quarterly Dividend
Jan 5, 2026

Ryder Capital Ltd has announced a quarterly dividend of A$0.03 per fully paid ordinary share for the period ending 31 December 2025. The dividend will trade ex-dividend on 9 January 2026, with a record date of 12 January 2026 and payment scheduled for 27 January 2026, underscoring the company’s continued capital return to shareholders and providing income visibility for investors as the new year begins.

The most recent analyst rating on (AU:RYD) stock is a Hold with a A$2.00 price target. To see the full list of analyst forecasts on Ryder Capital Ltd. stock, see the AU:RYD Stock Forecast page.

Ryder Capital Reports Strong November Performance Amid Market Volatility
Dec 7, 2025

Ryder Capital Limited reported a pre-tax NTA increase of 3.34% in November, despite a volatile equity market. The company’s strong performance was driven by gains in Macmahon Holdings and other investments, while detractors included BCI Minerals and Fleetwood. Ryder Capital also adjusted its portfolio by increasing positions in OFX Group and Hillgrove Resources, supporting Airtasker’s capital raise, and completing its exit from Fleetwood. The company remains committed to its absolute-return, value-driven strategy, focusing on ASX-listed small/micro-caps for medium to long-term growth.

Ryder Capital Ltd. Announces On-Market Buy-Back of Securities
Dec 2, 2025

Ryder Capital Ltd. has announced an on-market buy-back of its ordinary fully paid securities, as indicated by the ASX security code RYD. This strategic move is likely aimed at optimizing capital structure and potentially enhancing shareholder value, reflecting the company’s proactive approach in managing its financial resources.

Ryder Capital Limited Updates on Share Buy-Back Program
Dec 2, 2025

Ryder Capital Limited has announced an update on its ongoing share buy-back program. The company reported that a total of 524,839 shares have been bought back prior to December 1, 2025, with an additional 25,000 shares purchased on November 28, 2025. The highest price paid for the shares was AUD 1.75, and the lowest was AUD 1.295. Ryder Capital Limited plans to continue its buy-back initiative, with 7,560,124 shares still available for repurchase, reflecting its strategic focus on enhancing shareholder value.

Ryder Capital Updates on Share Buy-Back Program
Nov 27, 2025

Ryder Capital Limited has announced an update regarding its ongoing share buy-back program. The company, listed on the ASX under the code RYD, is actively buying back its ordinary fully paid securities, with a total of 50,000 shares repurchased on the previous day, adding to the cumulative total of 474,839 shares bought back prior. This buy-back initiative is part of Ryder Capital’s strategy to enhance shareholder value and optimize its capital structure.

Ryder Capital Reports Strong October Performance with Strategic Portfolio Adjustments
Nov 10, 2025

Ryder Capital Ltd. reported a pre-tax NTA increase of 4.29% in October, driven by gains in core holdings such as Lumos Diagnostics and Macmahon Holdings. Despite a slight decline in BCI Minerals and a negative impact from OFX Group, the company actively managed its portfolio by adding to its Nufarm position and conducting a share buyback. The company’s strategy focuses on exceeding the RBA Cash Rate plus 4.25% through a concentrated, high-conviction portfolio of ASX-listed small/micro-caps, aiming for medium to long-term capital growth.

Ryder Capital Updates on Share Buy-Back Program
Nov 6, 2025

Ryder Capital Ltd. has announced an update on its ongoing share buy-back program. As of November 7, 2025, the company has repurchased a total of 459,839 ordinary fully paid securities, with an additional 15,000 securities bought back on the previous day. This buy-back initiative is part of Ryder Capital’s strategy to manage its capital structure and potentially enhance shareholder value.

Ryder Capital Ltd. Updates on Buy-Back Program
Nov 6, 2025

Ryder Capital Ltd. has announced an update on its ongoing buy-back program, which involves the repurchase of its ordinary fully paid securities. As of the latest update, the company has bought back a total of 439,839 securities, with an additional 20,000 securities repurchased on the previous day. This buy-back initiative is part of Ryder Capital’s strategy to manage its capital structure and potentially enhance shareholder value.

Ryder Capital Announces Cessation of Securities
Nov 3, 2025

Ryder Capital Limited has announced the cessation of 200,000 ordinary fully paid securities due to an on-market buy-back as of November 3, 2025. This move is part of the company’s capital management strategy, potentially impacting its market positioning by reducing the number of outstanding shares, which could enhance shareholder value.

Ryder Capital Updates on Share Buy-Back Progress
Oct 29, 2025

Ryder Capital Ltd. has announced an update regarding its ongoing on-market buy-back program. As of October 30, 2025, the company has repurchased a total of 439,839 ordinary fully paid securities, with 8,540 bought back on the previous day. This buy-back initiative is part of Ryder Capital’s strategy to manage its capital structure and potentially enhance shareholder value.

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: Dec 30, 2025