Veem Ltd (AU:VEE)
ASX:VEE
VEE Stock Chart & Stats
AU$0.59
-AU$0.02(-1.67%)
At close: 4:00 PM EST
AU$0.59
-AU$0.02(-1.67%)
Day’s Range― - ―
52-Week RangeAU$0.50 - AU$1.95
Previous CloseN/A
Volume34.97K
Average Volume (3M)394.18K
Market Cap
AU$86.58M
Enterprise ValueAU$97.90M
Total Cash (Recent Filing)AU$9.14M
Total Debt (Recent Filing)AU$22.66M
Price to Earnings (P/E)―
Beta1.58
Next Earnings
Aug 20, 2026EPS Estimate
-0.03Next Dividend Ex-DateN/A
Dividend Yield1.28%
Share Statistics
EPS (TTM)-0.14
Shares Outstanding146,749,370
10 Day Avg. Volume405,436
30 Day Avg. Volume394,175
Financial Highlights & Ratios
PEG Ratio-0.65
Price to Book (P/B)2.07
Price to Sales (P/S)1.63
P/FCF Ratio33.64
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$0.85Price Target Upside44.07% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)-0.01
Revenue Forecast (FY)AU$51.93M
Bulls Say, Bears Say
Bulls Say
Improving Leverage And Balance-sheet StrengthVeem’s debt-to-equity falling to about 0.41 and steady growth in assets and equity indicate a structurally healthier balance sheet. Reduced leverage and rising tangible backing provide durable financial flexibility for capex, certification cycles, and to absorb cyclical defence timing shifts.
Core Cash Generation Remains PositiveDespite revenue weakness, operating cash flow stayed positive and free cash flow still covered a large share of net income. That persistent cash generation supports operational continuity, funding of product upgrades and capacity expansion without sole reliance on dilutive funding.
Stronger Product Lineup And Defence PartnershipsNew Mark III gyrostabiliser, VEEM Extreme propulsion and supplier approvals/licence agreements with HII and Northrop Grumman materially strengthen competitive positioning. These are structural positives: product improvement plus defence contracts can drive multi-year demand and higher-margin, recurring service opportunities.
Bears Say
Revenue Decline And Margin CompressionSustained top-line decline and a sharp fall in net margin indicate weakening operating leverage and pricing or mix pressures. Over time, reduced revenue and lower margins impair reinvestment ability and return on capital, making recovery dependent on successful product ramp and cost discipline.
Large Non-cash Impairment And Earnings VolatilityA material write-down on capitalised development signals prior capital misallocation and reduces reported equity and earnings resilience. The impairment also reflects technology transition risk: delaying customer purchases and creating near-term earnings volatility until new products meaningfully scale.
Weaker Cash Conversion And FCF SensitivityDeclining free cash flow and a sharp drop in cash conversion versus the prior year expose sensitivity to working capital, timing of defence contracts and investment swings. This structural volatility limits predictability of internal funding and increases reliance on capital raises for growth.
Veem Ltd News
VEE FAQ
What was Veem Ltd’s price range in the past 12 months?
Veem Ltd lowest share price was AU$0.49 and its highest was AU$1.95 in the past 12 months.
What is Veem Ltd’s market cap?
Veem Ltd’s market cap is AU$86.58M.
When is Veem Ltd’s upcoming earnings report date?
Veem Ltd’s upcoming earnings report date is Aug 20, 2026 which is in 145 days.
How were Veem Ltd’s earnings last quarter?
Veem Ltd released its earnings results on Feb 24, 2026. The company reported -AU$0.139 earnings per share for the quarter, missing the consensus estimate of -AU$0.018 by -AU$0.121.
Is Veem Ltd overvalued?
According to Wall Street analysts Veem Ltd’s price is currently Undervalued.
Does Veem Ltd pay dividends?
Veem Ltd pays a Semiannually dividend of AU$0.002 which represents an annual dividend yield of 1.28%. See more information on Veem Ltd dividends here
What is Veem Ltd’s EPS estimate?
Veem Ltd’s EPS estimate is -0.03.
How many shares outstanding does Veem Ltd have?
Veem Ltd has 146,749,370 shares outstanding.
What happened to Veem Ltd’s price movement after its last earnings report?
Veem Ltd reported an EPS of -AU$0.139 in its last earnings report, missing expectations of -AU$0.018. Following the earnings report the stock price went down -5.385%.
Which hedge fund is a major shareholder of Veem Ltd?
Currently, no hedge funds are holding shares in AU:VEE
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Veem Ltd Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
AU$0.85 (44.07% Upside)
AU$0.85 (44.07% Upside)
Blogger Sentiment
Bullish
AU:VEE Sentiment 100%
Sector Average ―
Sector Average ―
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-14.19%
12-Months-Change
Fundamentals
Return on Equity
-34.30%
Trailing 12-Months
Asset Growth
-15.13%
Trailing 12-Months
Company Description
Veem Ltd
VEEM Ltd manufactures and sells propulsion and stabilization systems. The company offers gyrostabilizers, CNC machined monobloc propellers shaft lines, and marine ride control fins; forever pipe, a bimetal centrifugally cast hollow bars; and engineering services. It also manufactures bespoke components for defense, mining, and processing industries. The company was founded in 1968 and is headquartered in Canning Vale, Australia. VEEM Ltd is a subsidiary of Veem Corporation Pty Ltd.
VEE Stock 12 Month Forecast
Average Price Target
AU$0.85
▲(44.07% Upside)
Technical Analysis
Austal
―
Electro Optic Systems Holdings Limited
―
Orbital Corporation Limited
―
Ava Risk Group Ltd.
―
Wiseway Group Ltd.
―