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$5.50
▲(11.79% Upside)
Action:Reiterated
Date: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
Strong free cash flow
Sustained free cash flow growth gives Waterco durable financial flexibility: it supports reinvestment in product development, funds dividends or buybacks, and allows debt reduction without relying on external financing. This strengthens resilience through cycles and funds long-term strategic initiatives.
Negative Factors
Recent revenue decline
Negative revenue growth indicates structural demand or share challenges that can persist beyond several quarters. Continued top-line contraction reduces scale benefits, constrains gross margin recovery, and limits funds available for strategic investment, making margin and earnings recovery harder over time.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong free cash flow
Sustained free cash flow growth gives Waterco durable financial flexibility: it supports reinvestment in product development, funds dividends or buybacks, and allows debt reduction without relying on external financing. This strengthens resilience through cycles and funds long-term strategic initiatives.
Read all positive factors
Waterco Limited (WAT) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$190.99M
Dividend Yield2.95%
Average Volume (3M)850.00
Price to Earnings (P/E)6.6
Beta (1Y)0.11
Revenue Growth-2.87%
EPS Growth-18.36%
CountryAU
Employees989
SectorIndustrials
Sector Strength72
IndustryIndustrial - Pollution & Treatment Controls
Share Statistics
EPS (TTM)0.24
Shares Outstanding35,043,740
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 pool and spa equipment and related water treatment products. Revenue is generated from the manufacture and distribution of proprietary-branded products such as pumps, filters, and sanitation/water treatment...
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
5.36
Positive
5.21
Positive
5.36
Positive
Market Momentum
0.03
Positive
57.96
Neutral
5.44
Positive
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 5.43, below the 50-day MA of 5.36, and below the 200-day MA of 5.36, indicating a bullish trend. The MACD of 0.03 indicates Positive momentum. The RSI at 57.96 is Neutral, neither overbought nor oversold. The STOCH value of 5.44 is Positive, 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$190.99M | 6.61 | 5.98% | 2.95% | -2.87% | -18.36% | |
54 Neutral | AU$53.27M | -82.07 | 6.56% | ― | 9.57% | -21.00% | |
48 Neutral | AU$21.74M | -8.00 | -15.66% | ― | 20.05% | 33.33% | |
44 Neutral | AU$98.98M | -4.93 | 138.60% | ― | 64.76% | 61.79% | |
43 Neutral | AU$22.88M | -1.39 | -19.18% | ― | 15.74% | -31.98% | |
42 Neutral | AU$5.00M | -1.00 | -41.16% | ― | 308.85% | -44.44% |
* Industrials Sector Average
AU:WAT
Waterco Limited
5.45
-1.36
-19.95%
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Waterco Limited Corporate Events
Waterco trims share capital through on‑market buy‑back
Apr 29, 2026
Waterco Limited has cancelled 3,667 ordinary fully paid shares on 29 April 2026 as part of an on‑market buy‑back program, according to a notification of cessation of securities lodged with the ASX. The small reduction in issued capital...
Waterco Updates Market on Ongoing On‑Market Share Buy‑Back
Apr 16, 2026
Waterco Limited has reported an update to its on‑market share buy‑back program relating to its ordinary fully paid shares traded under the ASX code WAT. The company first notified the buy‑back in July 2025 and continues to provid...
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...
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.