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Added to YB: 2024-08-08

Pitch date: 2024-08-07

EVZ.AX [bullish]

EVZ Limited

+28.57%

current return

Author Info

Company Info

EVZ Limited, together with its subsidiaries, operates in the engineering services sectors in Australia and Asia.

Market Cap

AUD 21.2M

Pitch Price

AUD 0.17

Price Target

N/A

Dividend

N/A

EV/EBITDA

3.70

P/E

10.36

EV/Sales

0.15

Sector

Construction and Engineering

Category

value

Show full summary:
Tauranga Investments Portfolio Holding - July 2024 Update: EVZ Limited

EVZ.AX: Mixed earnings guidance; H2 FY24 revenue flat, margins down. EBITDA fell from $2.8m to $2.1m H1 to H2. Q4 cashflow positive $2.2m, cash balance $8.3m. EV $10m, 2x EBITDA. Downside protected, but growth stagnant. Potential acquisition could be catalyst. Viva Energy project completion may boost next quarter.

Read full article (1 min)