Waterco Limited (AU:WAT)
ASX:WAT
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Waterco Limited
(Sydney:WAT)
Select Model
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Rating:58Neutral
Price Target:
AU$6.00
▲(21.95% Upside)
Action:ReiteratedDate:11/06/25
Waterco Limited's overall stock score is primarily influenced by its stable financial performance and moderate valuation. However, the bearish technical indicators significantly impact the score, suggesting caution for potential investors. The absence of recent earnings call data and notable corporate events limits additional insights into the company's future prospects.
Positive Factors
Free cash flow strength
Waterco's reported strong free cash flow growth and high free cash flow to net income ratio indicate durable cash generation. This supports reinvestment, dividend capacity and debt reduction, providing balance-sheet optionality and resilience across economic cycles over the next several months.
Negative Factors
Recent revenue decline
Recent negative revenue growth points to weakening top-line momentum. Persisting declines can erode operating leverage, constrain reinvestment and make margin recovery harder, requiring sustained product or market execution to restore growth over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Free cash flow strength
Waterco's reported strong free cash flow growth and high free cash flow to net income ratio indicate durable cash generation. This supports reinvestment, dividend capacity and debt reduction, providing balance-sheet optionality and resilience across economic cycles over the next several months.
Read all positive factors
Waterco Limited (WAT) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$200.12M
Dividend Yield2.95%
Average Volume (3M)850.00
Price to Earnings (P/E)6.6
Beta (1Y)0.06
Revenue Growth4.52%
EPS Growth-31.16%
CountryAU
Employees989
SectorIndustrials
Sector Strength72
IndustryIndustrial - Pollution & Treatment Controls
Share Statistics
EPS (TTM)0.19
Shares Outstanding35,047,405
10 Day Avg. Volume1,695
30 Day Avg. Volume850
Financial Highlights & Ratios
PEG Ratio-0.79
Price to Book (P/B)1.73
Price to Sales (P/S)0.97
P/FCF Ratio13.60
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Waterco Limited Business Overview & Revenue Model
Company Description
Waterco Limited engages in the manufacture, wholesale, and export of equipment and accessories in the swimming pool, spa pool, spa bath, rural pump, and water treatment industries in Australia, New Zealand, Asia, North America, and Europe. It also...
How the Company Makes Money
Waterco makes money primarily by selling water-treatment and pool/spa equipment and consumables under its brand portfolio through wholesale distribution and dealer networks, as well as direct or semi-direct supply arrangements depending on the mar...
Waterco Limited Financial Statement Overview
Summary
Income Statement
65
Positive
Balance Sheet
70
Positive
Cash Flow
75
Positive
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 190.37M | 254.93M | 244.84M | 128.10M | 122.81M | 112.83M |
| Gross Profit | 59.71M | 125.54M | 120.31M | 29.83M | 28.93M | 24.04M |
| EBITDA | 22.86M | 31.84M | 33.48M | 21.63M | 21.51M | 15.98M |
| Net Income | 8.60M | 9.57M | 13.90M | 10.85M | 11.64M | 12.76M |
Balance Sheet | ||||||
| Total Assets | 280.16M | 264.24M | 257.77M | 167.95M | 157.65M | 135.42M |
| Cash, Cash Equivalents and Short-Term Investments | 21.53M | 24.52M | 16.80M | 12.34M | 11.95M | 11.69M |
| Total Debt | 84.72M | 82.35M | 80.69M | 21.33M | 20.89M | 14.08M |
| Total Liabilities | 134.40M | 121.60M | 127.92M | 46.72M | 46.64M | 34.97M |
| Stockholders Equity | 145.41M | 142.27M | 129.53M | 120.87M | 110.50M | 99.87M |
Cash Flow | ||||||
| Free Cash Flow | 7.39M | 18.11M | 22.16M | 8.27M | -176.00K | 2.44M |
| Operating Cash Flow | 16.38M | 21.15M | 24.50M | 11.19M | 3.33M | 5.23M |
| Investing Cash Flow | -9.17M | -2.83M | -56.21M | -3.39M | -3.92M | 23.29M |
| Financing Cash Flow | -9.23M | -11.57M | 37.58M | -7.12M | -1.23M | -24.07M |
Waterco Limited Technical Analysis
Positive
4.92
Price Trends
5.21
Positive
5.11
Positive
5.65
Positive
Market Momentum
0.17
Negative
85.46
Negative
38.83
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:WAT, the sentiment is Positive. The current price of 4.92 is below the 20-day moving average (MA) of 5.29, below the 50-day MA of 5.21, and below the 200-day MA of 5.65, indicating a bullish trend. The MACD of 0.17 indicates Negative momentum. The RSI at 85.46 is Negative, neither overbought nor oversold. The STOCH value of 38.83 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:WAT.
Waterco Limited Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
58 Neutral | AU$200.12M | 6.61 | 5.98% | 2.95% | 4.52% | -31.16% | |
54 Neutral | AU$79.90M | -82.07 | 6.56% | ― | 13.51% | 5.08% | |
48 Neutral | AU$29.72M | -16.21 | -15.66% | ― | 11.53% | 46.15% | |
44 Neutral | AU$89.15M | -7.56 | 134.61% | ― | 11.44% | 19.49% | |
43 Neutral | AU$34.92M | -1.39 | -19.18% | ― | 18.27% | 53.69% | |
42 Neutral | AU$8.74M | -2.69 | -41.16% | ― | -45.80% | -210.00% |
* Industrials Sector Average
AU:WAT
Waterco Limited
5.71
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Waterco Limited Corporate Events
S&P Dow Jones Revises March 2026 All Ordinaries Rebalance, Adds Broad Mix of Resource and Growth Stocks
Mar 10, 2026
SP Dow Jones Indices has updated its March 2026 quarterly rebalance of the All Ordinaries, reversing earlier plans to add African Gold Limited and remove American Rare Earths Limited from the index. The final changes, effective before trading on M...
S&P Dow Jones Reshapes S&P/ASX Indices in March 2026 Rebalance
Mar 6, 2026
SP Dow Jones Indices has announced a series of changes to its flagship SP/ASX equity benchmarks as part of the March 2026 quarterly rebalance, reshuffling membership across the SP/ASX 20, 50, 100, 200 and 300 indices. The adjustments reflect shift...
Waterco Cancels 111,216 Shares Under On-Market Buy-Back
Mar 4, 2026
Waterco Limited has cancelled 111,216 ordinary fully paid shares following execution of an on-market buy-back, as disclosed in an Appendix 3H notification to the ASX dated 4 March 2026. The reduction in issued capital forms part of the companyR...
Waterco Updates Market on Progress of On-Market Share Buy-Back
Mar 1, 2026
Waterco Limited has issued an updated notification to the ASX confirming the continuation of its on-market share buy-back program for its ordinary fully paid shares. The update, dated 2 March 2026, follows the initial buy-back notice lodged in Jul...
Waterco Reports Ongoing On‑Market Share Buy‑Back Activity
Feb 25, 2026
Waterco Limited is executing an on‑market buy‑back of its ordinary fully paid shares on the ASX, reflecting an active approach to capital management and optimisation of its share base. The program, originally notified in July 2025, ind...
Waterco outlines scope and limits of HY26 results presentation
Feb 23, 2026
Waterco Limited has released a results presentation dated 23 February 2026 that provides high-level financial and operational information to shareholders and potential investors. The document emphasises that the material is summary in nature, incl...
Waterco lifts HY26 profit on margin gains despite softer sales
Feb 23, 2026
Waterco Limited reported a modest 1.6% decline in half-year sales revenue to $130.3 million but delivered stronger profitability, with EBITDA up 10.9% to $17.3 million and NPAT rising 13.4% to $6.7 million, supporting a fully franked interim divid...
Waterco declares interim dividend of 7 cents per share
Feb 23, 2026
Waterco Limited has declared a fully franked interim dividend of AUD 0.07 per ordinary share for the six-month period ended 31 December 2025, continuing its practice of semi-annual shareholder distributions. The dividend will trade ex-dividend on ...
Waterco Lifts Profit on Margin Gains Despite Flat Revenue and ANZ Weakness
Feb 23, 2026
Waterco Limited reported half-year 2025 revenue of $133.2 million, down 1.1% from the prior corresponding period, as softer trading in Europe, reduced capital spending in parts of Asia and a transition of plastics manufacturing to Malaysia tempora...
Waterco Updates Market on Progress of On-Market Share Buy-Back
Feb 9, 2026
Waterco Limited has provided an updated notification to the ASX regarding its ongoing on-market share buy-back of ordinary fully paid shares. The disclosure confirms that the program remains active and is being executed as part of the company̵...
Waterco Updates Market on Daily Progress of On-Market Share Buy-Back
Feb 8, 2026
Waterco Limited has provided an update to the market on its ongoing on-market share buy-back program for its ordinary fully paid shares, coded WAT on the ASX. The latest notification forms part of a series of daily disclosures under a buy-back fir...
Waterco Cancels 5,316 Shares Under On‑Market Buy-Back
Jan 29, 2026
Waterco Limited has cancelled 5,316 of its ordinary fully paid shares on 29 January 2026 as part of an on‑market share buy-back program. The reduction in issued capital marginally increases remaining shareholders’ proportional ownershi...
Waterco Issues Daily Update on Ongoing On‑Market Share Buy‑Back
Jan 15, 2026
Waterco Limited has provided an updated notification to the ASX regarding its ongoing on‑market share buy‑back of ordinary fully paid shares. As of 16 January 2026, the company reported that a total of 6,206 shares had been repurchased...
Waterco Updates Market on Progress of On‑Market Share Buy-Back
Jan 14, 2026
Waterco Limited has provided an update on its on‑market share buy-back program for its ordinary fully paid shares, disclosing that a total of 5,100 securities had been repurchased prior to the latest reporting date, with a further 1,106 shar...
Waterco Updates Market on Daily Progress of On‑Market Share Buy‑Back
Jan 13, 2026
Waterco Limited, listed on the ASX under code WAT, has announced an update to its ongoing on‑market share buy‑back of ordinary fully paid shares. The program, initially notified in July 2025, continues with daily reporting of repurchas...
Waterco Updates ASX on Daily Progress of On‑Market Share Buy‑Back
Jan 13, 2026
Waterco Limited has announced an update to its on‑market share buy‑back program for its ordinary fully paid shares listed on the ASX under code WAT. The company reported that it repurchased 996 shares on the previous trading day, bring...
Waterco Issues Daily Update on On‑Market Share Buy-Back Activity
Jan 12, 2026
Waterco Limited has notified the market of ongoing on‑market share buy-backs of its ordinary fully paid shares, traded under ASX code WAT. The latest daily update, dated 13 January 2026, reports that 2,004 shares were repurchased on the prev...
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.