Vysarn Ltd (VYS) AI Stock Analysis

• Market Cap: AU$387.67M
• Dividend Yield: N/A
• Average Volume (3M): 502.31K
• Price to Earnings (P/E): 33.3
• Beta (1Y): 1.13
• Revenue Growth: 40.38%
• EPS Growth: 7.14%
• Country: AU
• Employees: N/A
• Sector: Industrials
• Sector Strength: 72
• Industry: Engineering & Construction
• EPS (TTM): 0.01
• Shares Outstanding: 527,444,800
• 10 Day Avg. Volume: 230,386
• 30 Day Avg. Volume: 502,307
• PEG Ratio: 2.48
• Price to Book (P/B): 2.47
• Price to Sales (P/S): 2.30
• P/FCF Ratio: 34.16
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 75 Outperform
• Price Target: AU$0.83 ▲(14.86% Upside)

The score is driven primarily by strong financial performance (rapid revenue growth, healthy margins, and minimal leverage) and supportive technical momentum (price above key moving averages with positive MACD). This is tempered by weaker cash flow conversion/free cash flow decline and a relatively expensive valuation (P/E 35) without dividend yield support.

Positive Factors

Revenue Growth & Profitability

Sustained ~36% revenue growth and double-digit EBIT/net margins indicate durable demand for Vysarn's services and operational efficiency. This supports scalable project execution, reinvestment in capabilities, and the ability to win larger contracts over the next 2–6 months.

Low Leverage and Strong Equity Base

Minimal financial leverage and a high equity ratio provide substantial financial flexibility to bid on large infrastructure projects, fund working capital, and absorb project timing variability without relying on external debt, supporting resilience over months.

Contracted & Recurring Revenue Model

A business model driven by project contracts, ongoing maintenance agreements and gov/private partnerships yields recurring, contracted cash flows and backlog visibility. Joint ventures expand capabilities and market access, underpinning steady revenue over the medium term.

Negative Factors

Weak Free Cash Flow Conversion

Negative FCF growth and low conversion of net income to free cash reduce internal funding for capex, bid bonds and working capital. Over several months this constrains reinvestment, increases reliance on external financing for larger projects, and limits cash returns.

Declining Return on Equity

A falling ROE signals reduced efficiency in turning equity into profits, possibly from margin pressure or higher equity deployment. Persisting decline can weaken investor returns and suggests management must improve project returns or capital allocation over the medium term.

Evidence of Margin Pressure

A shrinking gross margin hints at rising input costs or fixed-price contract exposure. In engineering/construction, material and labor inflation or contract mix can persist for months, compressing profitability unless pricing or efficiency measures offset cost increases.

Vysarn Ltd Business Overview & Revenue Model

Company Description

Vysarn Limited engages in the hydrogeological drilling business in Western Australia. It also operates in the test pumping and water consultancy businesses. The company was incorporated in 2007 and is based in West Perth, Australia.

How the Company Makes Money

Vysarn generates revenue primarily through the execution of contracts related to water infrastructure projects, which include the design, construction, and maintenance of water treatment facilities and pipelines. Key revenue streams consist of project management fees, consulting services, and ongoing maintenance contracts. The company also benefits from partnerships with governmental agencies and private enterprises that require specialized water management solutions. Additionally, Vysarn may engage in joint ventures or collaborations that expand its service offerings and market reach, contributing to its overall financial performance.

Vysarn Ltd Financial Statement Overview

Summary

Vysarn Ltd exhibits strong revenue growth and maintains healthy profitability margins. The balance sheet is robust with low leverage, though there is room for improvement in return on equity. Cash flow management presents challenges, particularly in sustaining free cash flow growth.

Income Statement

Vysarn Ltd has demonstrated strong revenue growth, with a 36.54% increase in the latest year, indicating robust business expansion. The company maintains healthy profitability margins, with a gross profit margin of 34.54% and a net profit margin of 10.04%. The EBIT margin of 13.16% and EBITDA margin of 18.14% further reflect operational efficiency. However, the slight decline in gross profit margin compared to the previous year suggests potential cost pressures.

Balance Sheet

The balance sheet of Vysarn Ltd shows a solid financial position with a low debt-to-equity ratio of 0.03, indicating minimal leverage and financial risk. The return on equity (ROE) is 10.76%, which is decent but has decreased from the previous year, suggesting a need for improved profitability. The equity ratio stands at 71.66%, reflecting a strong equity base relative to total assets.

Cash Flow

Vysarn Ltd's cash flow performance is mixed. The operating cash flow to net income ratio is 0.67, indicating good cash generation relative to net income. However, the free cash flow growth rate is negative at -15.16%, highlighting challenges in maintaining free cash flow levels. The free cash flow to net income ratio of 0.42 suggests that a significant portion of net income is not translating into free cash flow.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	106.53M	106.53M	75.89M	64.96M	46.30M	25.82M
Gross Profit	36.80M	36.80M	26.95M	10.31M	6.22M	2.41M
EBITDA	19.33M	19.33M	16.32M	12.48M	9.08M	5.01M
Net Income	10.69M	10.69M	7.96M	3.87M	2.86M	344.82K
Balance Sheet
Total Assets	138.71M	138.71M	65.72M	61.87M	52.35M	45.33M
Cash, Cash Equivalents and Short-Term Investments	12.96M	12.96M	3.73M	8.31M	5.76M	6.62M
Total Debt	2.71M	2.71M	3.42M	10.03M	10.52M	13.35M
Total Liabilities	39.33M	39.33M	24.67M	28.95M	24.27M	20.57M
Stockholders Equity	99.37M	99.37M	41.06M	32.92M	28.09M	24.76M
Cash Flow
Free Cash Flow	7.18M	7.18M	2.94M	5.55M	4.48M	-4.99M
Operating Cash Flow	17.16M	17.16M	10.21M	9.66M	9.50M	1.71M
Investing Cash Flow	-40.77M	-40.77M	-6.15M	-6.80M	-6.73M	-6.32M
Financing Cash Flow	32.83M	32.83M	-8.64M	-259.12K	-3.62M	1.46M

Vysarn Ltd Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.72
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:VYS, the sentiment is Positive. The current price of 0.72 is above the 20-day moving average (MA) of 0.66, above the 50-day MA of 0.64, and above the 200-day MA of 0.54, indicating a bullish trend. The MACD of 0.02 indicates Negative momentum. The RSI at 57.62 is Neutral, neither overbought nor oversold. The STOCH value of 63.62 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:VYS.

Vysarn Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
VYS	75 Outperform	AU$387.67M	33.33	15.23%	―	40.38%	7.14%
DUR	74 Outperform	AU$515.70M	21.98	34.21%	2.25%	3.10%	5.08%
ACF	69 Neutral	€323.84M	13.74	16.13%	5.71%	25.14%	-14.54%
VBC	65 Neutral	AU$60.85M	15.50	17.38%	0.49%	-8.28%	89.71%
SND	64 Neutral	AU$123.08M	51.74	4.01%	2.78%	-0.72%	-78.03%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%

Vysarn Ltd Corporate Events

Vysarn Limited to Release 10 Million Escrow Shares

Vysarn Limited, operating in the consulting and services industry, has announced the release of 10,000,000 fully paid ordinary shares from escrow on 16 December 2025. These shares were initially issued as part of the vendor consideration for the acquisition of CMP Consulting Group Pty Ltd and were held in escrow for 12 months following the acquisition’s completion. This release signifies a key step in the integration process post-acquisition, potentially impacting Vysarn’s market operations and stakeholder interests.

The most recent analyst rating on (AU:VYS) stock is a Buy with a A$0.50 price target. To see the full list of analyst forecasts on Vysarn Ltd stock, see the AU:VYS Stock Forecast page.

Vysarn Limited Secures Shareholder Approval for Key Resolutions

Vysarn Limited announced that all resolutions proposed at its annual general meeting were successfully passed by poll. This outcome indicates strong shareholder support for the company’s strategic decisions, including the re-election of a director and the adoption of proportional takeover provisions, which could influence the company’s governance and future growth opportunities.

The most recent analyst rating on (AU:VYS) stock is a Buy with a A$0.50 price target. To see the full list of analyst forecasts on Vysarn Ltd stock, see the AU:VYS Stock Forecast page.

Vysarn Ltd Strengthens Position in Water Solutions Industry

Vysarn Ltd, with a market capitalization of $316 million, is emphasizing its role as a key player in the water solutions industry, offering services across design, supply, extraction, and water management. The company’s focus on sustainable practices and innovation positions it strategically to deliver comprehensive water services across various industries and regions, enhancing its value proposition to stakeholders.

The most recent analyst rating on (AU:VYS) stock is a Buy with a A$0.50 price target. To see the full list of analyst forecasts on Vysarn Ltd stock, see the AU:VYS Stock Forecast page.

Vysarn Limited Announces 2025 Annual General Meeting

Vysarn Limited has announced its Annual General Meeting to be held on November 27, 2025, at the South of Perth Yacht Club in Applecross, Western Australia. The meeting will cover the company’s Annual Report for the financial year ending June 30, 2025, and will include a resolution on the adoption of the Remuneration Report. The resolution is advisory and non-binding, with voting restrictions applied to certain parties involved in the report.

The most recent analyst rating on (AU:VYS) stock is a Buy with a A$0.50 price target. To see the full list of analyst forecasts on Vysarn Ltd stock, see the AU:VYS Stock Forecast page.