Added to YB: 2024-05-31
Pitch date: 2024-05-30
DUR.AX [bullish]
Duratec Limited
+88.19%
current return
Author Info
Special Situations Global Equities shares equity research focused on Special Sits and Fundamental driven investing. Sign up for the newsletter.
Company Info
Duratec Limited, together with its subsidiaries, engages in the provision of assessment, protection, remediation, and refurbishment services to a range of assets primarily for steel and concrete infrastructure in Australia.
Market Cap
AUD 491.2M
Pitch Price
AUD 1.01
Price Target
2.05 (+11%)
Dividend
2.23%
EV/EBITDA
10.64
P/E
21.97
EV/Sales
0.80
Sector
Construction and Engineering
Category
value
Has volatility created a buying opportunity? - $DUR.AX
DUR.AX: Founder-led Aussie infra maintenance co. at 10 PE vs peers 24. Verticalized with consultancy using drones & AI for 70% win rate. Diverse clients de-risk lumpy revs. Net cash, strong growth. DoD 40% rev a risk. Cheap after selloff on lower orders despite strong FY24 guide.
Read full article (2 min)