XRF - scientific
XRF Scientific Limited (XRF) is a Company engaged in manufacturing and marketing metal products, specialised chemicals and instruments for the scientific, analytical and mining industries.
Links
ASX:XRF has demonstrated consistent growth over the last 5 years, with earnings compounding at ~ 17.6% annually. The company exhibits an exceptionally strong balance sheet with negligible debt, steadily increasing Return on Equity (ROE) to ~ 18.4%, and expanding net profit margins. [1, 2, 3, 4, 5]
Key Financial Metrics
- Profitability: Net Profit After Tax (NPAT) has been trending upward alongside revenue, with recent TTM net income hovering around $10.63M. Profit margins are solid at ~ 17%. [1, 2, 3]
- Debt: Minimal and highly manageable. Debt-to-equity stands at ~ 1.7%, with total liabilities heavily outweighed by short-term investments and cash (around $12.1M). [1]
- Return on Equity (ROE): Has climbed consecutively from ~ 13.7% in 2021 to a recent peak of ~ 18.4%
Five-Year Shareholder Value
- Growth: XRF's annual earnings growth rate has outpaced many industry standards. Note , between 2012 to 2017 there was zero revenue growth (bottom of the mining cycle), but in 2018 they started to see their revenue increase.
- Dividend: XRF maintains a consistent payout ratio around 60%, with a trailing dividend yield of roughly 2.5% and 100% franking. the div was low in 2017 - corresponds to a lowpoint in the mining cycle. They are definitely a dividend paying company. [1, 2, 3]
Recent Developments
XRF has driven recent revenue growth through strong international sales (notably in Asia), the setup of a new office in India, and the strategic acquisition of combustion gas analysis businesses to extend its market share. [1, 2]
share price.... buy @ $1.50 ?
ROIC Vs ROE - both need to be above 10. are they growing?
.......................
No comments:
Post a Comment