Professional
Added to YB: 2024-12-02
Pitch date: 2024-10-31
QUB.AX [bullish]
Qube Holdings Limited
+7.1%
current return
Author Info
No bio for this author
Company Info
Qube Holdings Limited, together with its subsidiaries, provides logistics solutions for import and export supply chain in Australia, New Zealand, and Southeast Asia.
Market Cap
AUD 7.0B
Pitch Price
AUD 3.62
Price Target
N/A
Dividend
2.30%
Sector
Transportation Infrastructure
Category
growth
Auscap Asset Management Portfolio Holding: Qube Holdings Limited
QUB.AX: Largest integrated import/logistics provider in Australia. 3 divisions: Operating (Logistics/Infrastructure & Ports/Bulk), 50% stake in Patrick Terminals. $718M capex yet to ramp up. Moorebank IMEX Terminal breakeven, $80M EBITDA potential. ROCE target upgraded to 12%+. Trading near 10-year P/E low. Diverse markets, critical infrastructure position well for future growth.
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