Wagners Holding Co. Ltd. (WGN) AI Stock Analysis

• Market Cap: AU$754.96M
• Dividend Yield: 0.88%
• Average Volume (3M): 451.49K
• Price to Earnings (P/E): 31.3
• Beta (1Y): 0.23
• Revenue Growth: -10.46%
• EPS Growth: 120.44%
• Country: AU
• Employees: 820
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Construction Materials
• EPS (TTM): 0.06
• Shares Outstanding: 199,723,830
• 10 Day Avg. Volume: 219,140
• 30 Day Avg. Volume: 451,488
• PEG Ratio: 0.16
• Price to Book (P/B): 2.85
• Price to Sales (P/S): 1.02
• P/FCF Ratio: 23.35
• 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: AU$3.75
• Price Target Upside: 0.21% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 63 Neutral
• Price Target: AU$4.00 ▲(6.95% Upside)

Wagners Holding Co. Ltd. receives a moderate score due to mixed financial performance and high valuation concerns. Strong technical momentum supports the stock, but overbought conditions and high leverage pose risks. Investors should monitor revenue growth and debt management closely.

Positive Factors

Improved Profit Margins

A sustained gross margin of ~37% signals durable cost control and pricing power in materials production. Higher margins provide buffer against input cost swings and underpin long-term profitability and reinvestment capacity across cycles in construction and infrastructure sectors.

Product & Technology Diversification

Offering both traditional concrete/aggregates and higher-value advanced composites diversifies revenue and raises barriers to entry. Technical product mix supports niche pricing, cross-sector sales (infrastructure, mining) and longer customer relationships, strengthening durable competitive positioning.

Long-term Contract Exposure

Dependence on multi-year contracts and government projects improves revenue visibility and reduces cyclicality. Such contracted pipelines support predictable utilization of assets and planning for capex and cash needs, enhancing medium-term earnings stability and strategic project pipelines.

Negative Factors

High Financial Leverage

A D/E of ~1.23 signals material leverage that raises solvency and refinancing risk, especially in capital-intensive materials operations. Elevated debt increases interest burden, limits financial flexibility for capex or acquisitions and magnifies earnings volatility over the medium term.

Weak Cash Generation

A sharp drop in free cash flow and low FCF-to-net-income ratio indicate constrained internal funding. Reduced cash generation hampers debt repayment, capex funding and shareholder returns, forcing dependence on external financing and raising medium-term liquidity risk.

Declining Revenue Trend

Sustained negative revenue growth erodes scale benefits and pressures unit-cost absorption in manufacturing. Continued top-line contraction can reverse margin gains, limit investment in R&D or capacity for composites, and weaken competitive position across construction and mining markets.

Wagners Holding Co. Ltd. Business Overview & Revenue Model

Company Description

Wagners Holding Company Limited produces and sells construction materials in Australia, the United States, New Zealand, the United Kingdom, and PNG & Malaysia. It operates through three segments: Construction Materials & Services, Composite Fibre Technology, and Earth Friendly Concrete segments. The Construction Materials & Services segment primarily provides cement, flyash, ready-mix concrete, precast concrete products, aggregates, and reinforcing steel, as well as mobile concrete, crushing, and haulage services through medium to long-term contracts. This segment serves customers in the construction, infrastructure, and resources industries. The Composite Fibre Technology segment provides new generation building materials. The Earth Friendly Concrete segment offers new generation building material and EFC technology. The company was founded in 1989 and is headquartered in Wellcamp, Australia.

How the Company Makes Money

Wagners generates revenue through several key streams, primarily by selling construction materials such as concrete, aggregates, and cement to contractors and builders in the construction industry. Their advanced composite materials also contribute to revenue, particularly in specialized applications within the mining and infrastructure sectors. The company capitalizes on long-term contracts with major construction firms and government projects, which provide a stable income flow. Additionally, WGN may engage in partnerships with other companies to enhance its product offerings or expand its market reach, further contributing to its earnings. The focus on innovation and sustainable practices positions Wagners favorably in a competitive market, enabling it to attract a diverse customer base and drive revenue growth.

Wagners Holding Co. Ltd. Financial Statement Overview

Summary

Wagners Holding Co. Ltd. exhibits a mixed financial performance. While profitability metrics such as gross profit margin and net profit margin have improved, the company faces challenges in revenue growth and cash flow generation. High leverage remains a concern, although return on equity is strong. The company needs to focus on enhancing revenue growth and managing debt levels to improve its financial health.

Income Statement

Wagners Holding Co. Ltd. has shown a mixed performance in its income statement. The company experienced a slight decline in revenue growth rate at -2.52% in the most recent year, indicating some challenges in maintaining sales momentum. However, the gross profit margin improved significantly to 37.43%, showcasing better cost management. The net profit margin also increased to 5.27%, reflecting enhanced profitability. EBIT and EBITDA margins have improved, suggesting operational efficiency gains.

Balance Sheet

The balance sheet reveals a high debt-to-equity ratio of 1.23, indicating significant leverage, which could pose financial risk. However, the return on equity improved to 14.71%, demonstrating effective use of equity to generate profits. The equity ratio is relatively stable, suggesting a balanced asset structure.

Cash Flow

Cash flow analysis shows a decline in free cash flow growth by -34.83%, indicating potential liquidity challenges. The operating cash flow to net income ratio is 0.63, suggesting moderate cash generation relative to net income. The free cash flow to net income ratio is 0.34, which is lower than previous years, pointing to reduced cash flow efficiency.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	431.27M	431.27M	481.64M	475.45M	336.85M	320.65M
Gross Profit	161.44M	161.44M	110.86M	99.72M	75.74M	83.68M
EBITDA	55.70M	55.70M	51.14M	45.27M	45.41M	48.38M
Net Income	22.72M	22.72M	10.28M	3.12M	7.63M	10.00M
Balance Sheet
Total Assets	417.56M	417.56M	413.11M	500.49M	429.28M	371.27M
Cash, Cash Equivalents and Short-Term Investments	23.02M	23.02M	18.66M	11.36M	12.20M	22.24M
Total Debt	189.23M	189.23M	202.90M	248.85M	204.39M	171.02M
Total Liabilities	263.10M	263.10M	278.55M	376.51M	308.38M	258.32M
Stockholders Equity	154.46M	154.46M	134.56M	123.98M	120.90M	112.95M
Cash Flow
Free Cash Flow	18.88M	18.88M	48.74M	1.64M	-20.10M	37.62M
Operating Cash Flow	55.46M	55.46M	72.60M	16.80M	3.87M	53.10M
Investing Cash Flow	-33.13M	-33.13M	-20.42M	-14.02M	-23.55M	-16.30M
Financing Cash Flow	-18.56M	-18.56M	-44.27M	-3.67M	9.63M	-18.01M

Wagners Holding Co. Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 3.74
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:WGN, the sentiment is Positive. The current price of 3.74 is above the 20-day moving average (MA) of 3.70, above the 50-day MA of 3.55, and above the 200-day MA of 2.56, indicating a bullish trend. The MACD of 0.09 indicates Positive momentum. The RSI at 54.96 is Neutral, neither overbought nor oversold. The STOCH value of 47.17 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:WGN.

Wagners Holding Co. Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MLX	80 Outperform	AU$1.11B	7.63	33.38%	―	45.73%	716.15%
ALK	69 Neutral	$2.10B	28.21	9.84%	―	51.66%	86.35%
WGN	63 Neutral	AU$754.96M	31.29	15.95%	0.88%	-10.46%	120.44%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
MMI	51 Neutral	AU$421.64M	3.12	145.87%	―	45.56%	―
SVM	46 Neutral	AU$388.16M	-9.21	-90.12%	―	―	-98.20%
CAY	44 Neutral	AU$474.29M	-16.20	-45.39%	―	―	-91.89%

Wagners Holding Co. Ltd. Corporate Events

Wagners Holding Co. Ltd. Announces Change in Director’s Interest

Wagners Holding Company Limited announced a change in the director’s interest, specifically involving Cameron Coleman. The change includes the acquisition of 133,116 unvested options under the Wagners Employee Long Term Incentive Plan, increasing his total unvested options to 710,864. This adjustment reflects the company’s ongoing efforts to align its leadership’s interests with long-term corporate goals, potentially impacting stakeholder confidence and the company’s strategic direction.

The most recent analyst rating on (AU:WGN) stock is a Buy with a A$3.75 price target. To see the full list of analyst forecasts on Wagners Holding Co. Ltd. stock, see the AU:WGN Stock Forecast page.

Wagners Holding Co. Ltd. Issues New Employee Incentive Options

Wagners Holding Co. Ltd. announced the issuance of 133,116 unquoted equity securities in the form of options with no exercise price, set to expire on November 14, 2030. This move is part of an employee incentive scheme, potentially impacting the company’s operational dynamics by aligning employee interests with long-term corporate goals.

The most recent analyst rating on (AU:WGN) stock is a Buy with a A$3.75 price target. To see the full list of analyst forecasts on Wagners Holding Co. Ltd. stock, see the AU:WGN Stock Forecast page.

Wagners Announces New Employee Incentive Securities

Wagners Holding Company Limited has announced the issuance of unquoted equity securities as part of an employee incentive scheme. The issuance involves 34,125 options expiring on September 12, 2030, and is not intended to be quoted on the ASX. This move could be seen as a strategic effort to retain talent and align employee interests with company performance, potentially impacting the company’s operational dynamics and stakeholder relations positively.

The most recent analyst rating on (AU:WGN) stock is a Buy with a A$3.75 price target. To see the full list of analyst forecasts on Wagners Holding Co. Ltd. stock, see the AU:WGN Stock Forecast page.

Wagners Holding Co. Ltd. Reports Positive AGM Results

Wagners Holding Company Limited has announced the results of its 2025 Annual General Meeting, with all resolutions being carried. The meeting included votes on directors’ remuneration, re-election of a board member, ratification of prior share placements, and approval of a long-term incentive plan. The outcomes reflect strong shareholder support and may positively impact the company’s strategic initiatives and stakeholder confidence.

The most recent analyst rating on (AU:WGN) stock is a Hold with a A$3.00 price target. To see the full list of analyst forecasts on Wagners Holding Co. Ltd. stock, see the AU:WGN Stock Forecast page.

Wagners Reports Strong FY26 Start with Positive Outlook

Wagners Holding Company Limited has provided a positive trading update for the 2026 financial year-to-date, highlighting strong demand and improved performance across its product lines. The company expects significant earnings growth, driven by increased volumes in construction materials and composite fibre technologies, supported by operational efficiencies and strategic investments. The outlook remains optimistic, with anticipated infrastructure projects ahead of the Brisbane 2032 Olympics set to further boost demand.

The most recent analyst rating on (AU:WGN) stock is a Hold with a A$3.00 price target. To see the full list of analyst forecasts on Wagners Holding Co. Ltd. stock, see the AU:WGN Stock Forecast page.