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Zicom Group Limited (AU:ZGL)
ASX:ZGL
Australian Market
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Zicom Group Limited (ZGL) AI Stock Analysis

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AU:ZGL

Zicom Group Limited

(Sydney:ZGL)

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Neutral 69 (OpenAI - 5.2)
Rating:69Neutral
Price Target:
AU$0.15
▼(-4.38% Downside)
Action:Reiterated
Date:06/25/26
The score is driven mainly by solid underlying financial performance (good revenue and gross margin, improved leverage) but is tempered by cash flow weakness (sharp free cash flow decline and low operating cash conversion). Valuation is a clear positive given the low P/E, while technicals are mixed with neutral RSI and a negative MACD despite being above short-term moving averages.
Positive Factors
High gross margin
A 44.23% gross margin indicates durable product-level profitability and likely pricing power or cost advantages. That margin provides a structural buffer to absorb input cost swings, supports reinvestment in R&D or service capabilities, and helps sustain operating margins over several quarters.
Negative Factors
Severe free cash flow decline and poor OCF conversion
A dramatic FCF contraction (-219.74%) and low operating cash flow to net income (0.24) show earnings are not converting to cash, which is a structural concern. Persistent weak cash conversion can constrain investment, raise financing needs, and reduce resilience to cyclical demand shifts.
Read all positive and negative factors
Positive Factors
Negative Factors
High gross margin
A 44.23% gross margin indicates durable product-level profitability and likely pricing power or cost advantages. That margin provides a structural buffer to absorb input cost swings, supports reinvestment in R&D or service capabilities, and helps sustain operating margins over several quarters.
Read all positive factors

Zicom Group Limited (ZGL) vs. iShares MSCI Australia ETF (EWA)

Zicom Group Limited Business Overview & Revenue Model

Company Description
Operating from Singapore, Zicom Group Limited and its associated companies are engaged in the manufacturing and sale of a diverse array of specialized equipment, including marine deck machinery, fluid regulation and metering systems, transit concr...
How the Company Makes Money
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Zicom Group Limited Financial Statement Overview

Summary
Solid income statement and balance sheet signals (revenue growth of 4.68%, strong gross margin of 44.23%, improved debt-to-equity at 0.43 and ROE of 12.07%), but the score is held back by weak cash flow quality (free cash flow growth of -219.74% and low operating cash flow to net income of 0.24).
Income Statement
75
Positive
Balance Sheet
70
Positive
Cash Flow
60
Neutral
BreakdownTTMJun 2025Jun 2024Jun 2023Jun 2022Jun 2021
Income Statement
Total Revenue126.45M161.49M135.70M104.51M90.22M89.06M
Gross Profit41.08M71.43M57.65M1.47M2.35M41.22M
EBITDA15.31M15.93M14.98M-3.06M-3.62M8.27M
Net Income8.98M9.26M7.32M-9.30M-8.61M-1.12M
Balance Sheet
Total Assets150.67M168.66M153.59M133.33M138.16M124.63M
Cash, Cash Equivalents and Short-Term Investments31.47M18.50M13.61M14.06M21.29M20.14M
Total Debt27.20M33.08M44.93M40.81M38.97M27.36M
Total Liabilities72.42M92.26M91.48M80.37M77.82M59.43M
Stockholders Equity78.58M76.72M62.31M53.07M60.25M65.04M
Cash Flow
Free Cash Flow55.21M18.14M4.79M-5.53M-6.54M25.80M
Operating Cash Flow56.58M18.93M6.57M-4.44M-5.60M27.30M
Investing Cash Flow-506.66K-1.21M-1.82M-1.09M-917.67K-1.49M
Financing Cash Flow-40.42M-13.41M1.63M-1.16M4.05M-20.09M

Zicom Group Limited Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.16
Price Trends
50DMA
0.12
Positive
100DMA
296.16
Negative
200DMA
1813.15
Negative
Market Momentum
MACD
-8.54
Negative
RSI
48.15
Neutral
STOCH
50.00
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:ZGL, the sentiment is Negative. The current price of 0.16 is above the 20-day moving average (MA) of 0.13, above the 50-day MA of 0.12, and below the 200-day MA of 1813.15, indicating a neutral trend. The MACD of -8.54 indicates Negative momentum. The RSI at 48.15 is Neutral, neither overbought nor oversold. The STOCH value of 50.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:ZGL.

Zicom Group Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (63)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
83
Outperform
AU$207.29M14.6323.91%4.48%25.84%53.30%
75
Outperform
AU$501.29M6.3510.91%5.58%20.20%
72
Outperform
AU$1.94B37.167.87%0.70%10.43%8.12%
69
Neutral
AU$24.79M2.8611.56%-16.45%-34.23%
63
Neutral
$10.79B15.437.44%2.01%2.89%-14.66%
63
Neutral
AU$96.58M5.2412.51%7.14%10.91%-28.61%
44
Neutral
AU$89.31M-7.01-50.97%-36.31%-245.99%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:ZGL
Zicom Group Limited
0.12
<0.01
4.35%
AU:ANG
Austin Engineering
0.15
-0.20
-57.51%
AU:EHL
Emeco Holdings Limited
0.99
0.13
14.45%
AU:IMD
Imdex Ltd
3.73
1.04
38.66%
AU:MCE
Matrix Composites & Engineering Ltd
0.40
0.14
55.69%
AU:KOV
Korvest Ltd.
17.86
7.08
65.63%
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.Date of analysis: Jun 25, 2026