SciDev Ltd (SDV) AI Stock Analysis

• Market Cap: AU$63.68M
• Dividend Yield: N/A
• Average Volume (3M): 347.59K
• Price to Earnings (P/E): 31.0
• Beta (1Y): 0.27
• Revenue Growth: 20.25%
• EPS Growth: N/A
• Country: AU
• Employees: 22
• Sector: Basic Materials
• Sector Strength: 69
• Industry: Chemicals - Specialty
• EPS (TTM): 0.00
• Shares Outstanding: 190,088,200
• 10 Day Avg. Volume: 390,156
• 30 Day Avg. Volume: 347,593
• PEG Ratio: -4.22
• Price to Book (P/B): 1.02
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 8.53
• 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$0.60
• Price Target Upside: 76.47% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 72 Outperform
• Price Target: AU$0.50 ▲(47.06%Upside)

SciDev Ltd's strong financial performance is the primary driver of its stock score, supported by positive cash flows and a stable balance sheet. This is complemented by moderate technical indicators showing slight momentum. However, the high P/E ratio suggests overvaluation, which dampens the overall score.

SciDev Ltd Business Overview & Revenue Model

Company Description

SciDev Limited engages in supply of process control, professional services, equipment design and construction, and chemistry in Australia and the United States. The company offers coagulants and flocculants in powder and liquid form under the MaxiFlox and MaxiDry name; engineering and process control; chemistry products for applications, including thickening, filtration, centrifuging, friction reduction, shale inhibition, rheology control, and carrier fluids; chemical batching, storage, and dosage systems; engineering solutions and technologies under the TrueMud and OptiFlox name; friction reducers under the DrySlik, WetSlik, and CarrySlik names; and dynamic shears. It serves water and wastewater treatment, mining and minerals processing, oil and gas, construction, food processing, dairy, power generation, personal products and cosmetics manufacturing, paper and cardboard manufacturing, and paint manufacturing industries. The company was formerly known as Intec Limited and changed its name to SciDev Limited in March 2017. SciDev Limited was incorporated in 1973 and is headquartered in Kings Park, Australia.

How the Company Makes Money

SciDev Ltd generates revenue primarily through the sale of its proprietary chemical formulations and water treatment technologies to industrial clients. The company's key revenue streams include direct sales of water treatment chemicals, licensing of proprietary technologies, and offering technical support and consulting services to optimize clients' water management processes. Strategic partnerships with industry leaders and an expanding global presence significantly contribute to SciDev's earnings, allowing the company to tap into diverse markets and cater to a wide range of industrial needs.

SciDev Ltd Financial Statement Overview

Summary

SciDev Ltd exhibits strong financial performance with robust revenue growth and improved profitability margins. The stable balance sheet with low leverage and improved cash flows supports a positive outlook.

Income Statement

SciDev Ltd has shown strong revenue growth, with a significant increase in Total Revenue from the previous year. The Gross Profit Margin and Net Profit Margin have improved, indicating better cost management and profitability. The EBIT and EBITDA margins have also shown positive trends, further solidifying the company's operational efficiency.

Balance Sheet

The balance sheet is stable with a healthy Equity Ratio indicating a strong asset base relative to liabilities. The Debt-to-Equity Ratio is low, reflecting low leverage and financial risk. Return on Equity (ROE) has turned positive, showcasing improved earnings for shareholders.

Cash Flow

The cash flow statement reflects a solid Operating Cash Flow to Net Income Ratio, demonstrating effective cash generation from operations. Free Cash Flow has improved, showing a positive growth rate, though it's still important to monitor capital expenditures and investing activities.

Breakdown	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	109.09M	89.72M	55.60M	42.52M	17.91M
Gross Profit	33.97M	6.83M	3.69M	1.37M	-476.31K
EBITDA	7.65M	3.92M	1.13M	1.88M	-1.86M
Net Income	2.17M	-339.00K	-616.00K	3.45M	-875.24K
Balance Sheet
Total Assets	72.01M	67.37M	71.16M	56.15M	27.17M
Cash, Cash Equivalents and Short-Term Investments	9.43M	7.73M	14.06M	7.01M	4.48M
Total Debt	5.13M	3.48M	2.90M	5.13M	538.35K
Total Liabilities	21.78M	19.35M	22.32M	24.54M	9.76M
Stockholders Equity	50.24M	48.02M	48.84M	31.61M	17.41M
Cash Flow
Free Cash Flow	4.48M	522.00K	-3.83M	-1.92M	-1.05M
Operating Cash Flow	6.48M	4.81M	-1.31M	-1.32M	-177.47K
Investing Cash Flow	-3.71M	-8.39M	-6.65M	-2.49M	-1.79M
Financing Cash Flow	-1.06M	-2.83M	14.99M	6.34M	4.70M

SciDev Ltd Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.34
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:SDV, the sentiment is Positive. The current price of 0.34 is above the 20-day moving average (MA) of 0.33, above the 50-day MA of 0.32, and below the 200-day MA of 0.46, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 58.67 is Neutral, neither overbought nor oversold. The STOCH value of 66.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:SDV.

SciDev Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SDV	72 Outperform	AU$63.68M	31.02	4.12%	―	20.25%	―
Sector *	59 Neutral	HK$17.59B	4.63	-5.52%	3.70%	-3.57%	-61.41%
E7T	―	€6.25M	―	-234.21%	―	―	―
57N	―	€12.91M	―	-420.93%	―	―	―
CXL	53 Neutral	AU$117.00M	―	-26.71%	―	15.24%	8.35%
CG1	50 Neutral	AU$27.63M	―	-73.56%	―	-6.15%	-12.45%
SPN	43 Neutral	AU$17.84M	―	-113.38%	―	―	44.09%

SciDev Ltd Corporate Events

SciDev Secures $21.5M in New Contracts Across Key Sectors

SciDev Limited has secured $21.5 million in high-value contracts and renewals across the oil and gas, mining, and PFAS remediation sectors. This development is expected to enhance the company’s operational capabilities and strengthen its position in the industry by expanding its market presence and potentially increasing shareholder value.

The most recent analyst rating on (AU:SDV) stock is a Buy with a A$0.68 price target. To see the full list of analyst forecasts on SciDev Ltd stock, see the AU:SDV Stock Forecast page.

SciDev Reports Strong Q3 FY25 Amid Market Volatility

SciDev Limited reported a solid Q3 FY25 performance, with a 10% increase in revenue to $26.3 million and a 200% rise in EBITDA to $2.1 million, despite volatile market conditions. The company expanded its market share in the US Oil & Gas sector and secured significant contracts, including a PFAS remediation project for the US Department of Defence. While client-driven delays may shift some revenues to FY26, the demand for SciDev’s proprietary chemistry remains strong, supporting improved margins. The company is well-positioned to capitalize on the growing demand for sustainable water treatment solutions, with a healthy business development pipeline across all units.