Saunders International Limited (SND) AI Stock Analysis

• Market Cap: AU$93.70M
• Dividend Yield: 5.48%
• Average Volume (3M): 45.65K
• Price to Earnings (P/E): 9.6
• Beta (1Y): -0.24
• Revenue Growth: 12.06%
• EPS Growth: -8.98%
• Country: AU
• Employees: 505
• Sector: Industrials
• Sector Strength: 90
• Industry: Engineering & Construction
• EPS (TTM): 0.04
• Shares Outstanding: 123,242,600
• 10 Day Avg. Volume: 41,291
• 30 Day Avg. Volume: 45,652
• PEG Ratio: -3.01
• Price to Book (P/B): 1.71
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -19.99
• 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: N/A
• Number of Analyst Covering: 0

• Rating: 66 Neutral
• Price Target: ―

Saunders International Limited's overall stock score is 66, driven primarily by strong financial performance with notable revenue and profit growth. However, the technical analysis indicates bearish momentum, which could pose risks. Valuation is attractive due to a reasonable P/E ratio and high dividend yield, but caution is advised due to the negative technical indicators. Continued monitoring of operational efficiency and debt management is recommended to sustain financial health.

Saunders International Limited Business Overview & Revenue Model

Company Description

Saunders International Limited (SND) is an Australian-based engineering and construction company specializing in the design, construction, and maintenance of bulk liquid storage tanks and facilities for the oil, gas, mining, and infrastructure sectors. The company provides comprehensive engineering solutions, including project management, fabrication, and maintenance services, catering to a broad range of industrial clients seeking reliable and efficient storage solutions.

How the Company Makes Money

Saunders International Limited generates revenue through a combination of project-based contracts and ongoing maintenance services. The company secures contracts with clients in the oil, gas, mining, and infrastructure industries to design and construct storage facilities, which typically involve long-term, large-scale projects. Additionally, Saunders offers maintenance and refurbishment services for existing infrastructure, providing a steady stream of revenue beyond initial construction projects. The company's revenue model is further supported by its reputation for quality and reliability, which helps to secure repeat business and long-term partnerships with key clients in its target sectors.

Saunders International Limited Financial Statement Overview

Summary

Saunders International Limited exhibits a strong financial performance with notable revenue and profit growth, stable margins, and effective leverage management. The income statement shows strong revenue growth with improved profit margins, though the gross profit margin requires attention due to a recent dip. The balance sheet reflects a sound financial position with low debt-to-equity, but an increase in total debt needs monitoring. Cash flow stability has improved, though past volatility should be observed.

Income Statement

The income statement shows strong revenue growth with a CAGR of approximately 29% from 2020 to 2024. Gross profit and net profit margins have improved significantly over the years, reflecting enhanced operational efficiency. The EBIT and EBITDA margins have also shown positive trends, indicating healthy core operations. However, the gross profit margin saw a dip in 2023, which requires attention.

Balance Sheet

The balance sheet reflects a sound financial position with a low debt-to-equity ratio, indicating prudent financial leverage. The equity ratio has remained stable, supporting the company's financial resilience. Return on equity has been healthy, demonstrating effective use of shareholder funds. Despite these strengths, the increase in total debt in 2024 warrants monitoring.

Cash Flow

The cash flow statement indicates strong free cash flow generation, with significant growth in 2024 compared to 2023. The operating cash flow to net income ratio is robust, suggesting efficient cash conversion. However, the fluctuating free cash flow in previous years points to volatility that could impact future cash flow stability.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
237.86M	216.08M	200.89M	129.96M	101.24M	66.46M
	Gross Profit
111.50M	107.40M	22.02M	12.45M	12.37M	5.12M
	EBIT
27.94M	14.70M	14.53M	8.71M	7.58M	1.74M
	EBITDA
16.12M	19.02M	17.58M	11.73M	10.11M	3.40M
	Net Income Common Stockholders
9.47M	9.36M	9.49M	6.55M	5.54M	1.27M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
9.42M	19.81M	12.83M	36.75M	23.82M	11.09M
	Total Assets
34.03M	113.20M	93.01M	93.72M	51.91M	46.97M
	Total Debt
2.12M	11.94M	4.49M	3.52M	2.42M	2.11M
	Net Debt
-7.30M	-7.86M	-8.35M	-33.23M	-21.39M	-8.98M
	Total Liabilities
12.22M	61.90M	53.74M	61.70M	23.81M	24.32M
	Stockholders Equity
21.81M	51.30M	39.27M	32.02M	28.11M	22.66M
Cash Flow		Free Cash Flow
-4.72M	16.67M	-15.23M	16.64M	13.81M	3.48M
	Operating Cash Flow
-2.14M	19.32M	-14.10M	19.76M	15.56M	4.92M
	Investing Cash Flow
-1.75M	-5.49M	-3.56M	-3.28M	-1.73M	-1.43M
	Financing Cash Flow
-7.04M	-6.86M	-6.26M	-3.65M	-1.01M	-438.00K

Saunders International Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.78
• 50DMA: Negative
• 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:SND, the sentiment is Negative. The current price of 0.78 is below the 20-day moving average (MA) of 0.79, below the 50-day MA of 0.82, and below the 200-day MA of 0.87, indicating a bearish trend. The MACD of -0.01 indicates Negative momentum. The RSI at 40.03 is Neutral, neither overbought nor oversold. The STOCH value of 58.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:SND.

Saunders International Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NWH	80 Outperform	AU$1.29B	11.17	18.01%	5.98%	13.68%	24.51%
GNG	80 Outperform	AU$468.59M	12.04	58.99%	7.14%	25.12%	31.13%
MND	76 Outperform	AU$1.72B	22.86	15.97%	4.13%	11.00%	34.97%
SND	66 Neutral	AU$93.70M	9.56	18.42%	5.48%	12.06%	-8.98%
Sector *	66 Neutral	$4.50B	12.29	5.40%	248.66%	4.13%	-12.33%
SXE	61 Neutral	€441.56M	15.48	15.15%	4.94%	49.23%	41.42%

Saunders International Limited Corporate Events

Saunders International Secures $27M Contract at Kalgoorlie Gold Mines

Saunders International Limited has secured a $27 million contract for the installation of CIL4 tanks at Kalgoorlie Consolidated Gold Mines in Western Australia. This project, which involves constructing eight carbon-in-leach tanks and seven process tanks, will enhance plant throughput at Northern Star Resources’ Fimiston Processing Plant. The contract, marking Saunders’ second major project at the site, is set to commence immediately and complete by November 2025, boosting the company’s revenue and earnings for FY25 and FY26. This win underscores Saunders’ expanding presence in Western Australia and its reputation for delivering integrated solutions in complex mining environments.

Saunders International Announces Director Resignation

Saunders International Limited announced the resignation of Mr. Brendan York as a Non-Executive Director and Chairman of the Remuneration Committee, effective 11 June 2025. The company has initiated the process to find a suitable replacement and will update stakeholders in due course. This change in leadership could influence the company’s strategic direction and stakeholder relations.

Saunders International Announces Registry Address Change

Saunders International Limited has announced a change in the address of its registry office, MUFG Corporate Markets (AU) Limited, effective from April 14, 2025. The new location will be at Liberty Place, Level 41, 161 Castlereagh St, Sydney NSW 2000. This change is part of the company’s compliance with ASX Listing Rule 3.15.1. The announcement reflects the company’s ongoing operational adjustments and commitment to maintaining efficient administrative processes.

Saunders International Corrects Substantial Holder Notice

Saunders International Limited announced a correction to a previously filed notice regarding the change of interests of a substantial holder, NAOS Asset Management Limited. The correction pertains to the consideration received, impacting the voting power of the substantial holder, which now stands at 15.55%. This adjustment reflects a decrease in voting power, potentially affecting stakeholder dynamics and the company’s governance structure.

Ahrens Group Increases Stake in Saunders International

Saunders International Limited has experienced a change in substantial holding, as Ahrens Group Pty Ltd increased its voting power from 5.34% to 7.25%. This change, effective from March 2, 2025, signifies a notable shift in the company’s shareholder structure, potentially impacting its strategic decisions and stakeholder dynamics.

Saunders International Highlights Community Engagement at ASX SMIDcap Conference

Saunders International Limited participated in the ASX SMIDcap Conference, where they acknowledged the Traditional Owners and Custodians of Country throughout Australia, emphasizing their respect and support for First Nations peoples and their connection to lands and cultures. The company’s involvement in the conference highlights its commitment to engaging with diverse communities and stakeholders, which may enhance its industry positioning and operational outreach.