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Adrad Holdings Limited
(Sydney:AHL)
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Rating:61Neutral
Price Target:
AU$1.50
ā²(29.31% Upside)
Action:Reiterated
Date:10/29/26
The score is primarily supported by improving financial quality (better leverage and stronger recent cash flow with steady revenue growth). This is tempered by margin volatility risk (notably the 2026 gross margin drop) and weak technical momentum signals (RSI below neutral and negative MACD). Valuation is broadly fair with a moderate dividend yield.
Positive Factors
Steady Revenue and Profitability
Steady revenue expansion alongside consistently positive operating profitability indicates an established earnings base and ongoing business demand. The combination supports continued reinvestment and gives the company a foundation for maintaining financial progress over the next several quarters.
Negative Factors
Gross Margin Volatility
The sharp year-over-year gross-margin decline introduces uncertainty around the durability of earnings quality and operating performance. If mix or cost pressure persists, revenue growth may translate less effectively into profit, increasing volatility in results over the coming quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Steady Revenue and Profitability
Steady revenue expansion alongside consistently positive operating profitability indicates an established earnings base and ongoing business demand. The combination supports continued reinvestment and gives the company a foundation for maintaining financial progress over the next several quarters.
Read all positive factors
Adrad Holdings Limited (AHL) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$109.78M
Dividend Yield2.96%
Average Volume (3M)113.26K
Price to Earnings (P/E)16.8
Beta (1Y)0.39
Revenue Growth1.55%
EPS Growth4.84%
CountryAU
Employees500
SectorIndustrials
Sector Strength72
IndustryIndustrial - Machinery
Share Statistics
EPS (TTM)0.08
Shares Outstanding81,321,360
10 Day Avg. Volume56,810
30 Day Avg. Volume113,263
Financial Highlights & Ratios
PEG Ratio1.19
Price to Book (P/B)0.92
Price to Sales (P/S)0.76
P/FCF Ratio9.47
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$1.80Price Target Upside55.17% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)0.1
Revenue Forecast (FY)AU$161.60M
Adrad Holdings Limited Business Overview & Revenue Model
Company Description
Adrad Holdings Limited specializes in creating and producing thermal management systems for diverse industrial sectors throughout Australia and New Zealand. The company's offerings encompass heat exchangers designed for both mobile and stationary ...
How the Company Makes Money
null...
Adrad Holdings Limited Financial Statement Overview
Summary
Income Statement
62
Positive
Balance Sheet
70
Positive
Cash Flow
73
Positive
| Breakdown | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 155.45M | 153.20M | 143.27M | 141.13M | 122.83M |
| Gross Profit | 31.13M | 80.19M | 27.84M | 26.01M | 25.23M |
| EBITDA | 16.70M | 15.63M | 16.10M | 18.31M | 18.34M |
| Net Income | 6.52M | 5.65M | 5.97M | 5.61M | 6.77M |
Balance Sheet | |||||
| Total Assets | 195.03M | 189.22M | 190.56M | 189.59M | 169.41M |
| Cash, Cash Equivalents and Short-Term Investments | 24.48M | 18.97M | 15.84M | 13.93M | 3.48M |
| Total Debt | 42.63M | 41.35M | 47.98M | 48.89M | 75.26M |
| Total Liabilities | 66.30M | 62.97M | 69.79M | 72.70M | 97.38M |
| Stockholders Equity | 128.73M | 126.25M | 120.77M | 116.89M | 72.03M |
Cash Flow | |||||
| Free Cash Flow | 12.45M | 9.78M | 9.27M | 2.74M | 3.88M |
| Operating Cash Flow | 17.94M | 13.95M | 14.70M | 6.76M | 8.06M |
| Investing Cash Flow | -4.61M | -4.07M | -5.24M | -3.86M | -20.61M |
| Financing Cash Flow | -6.94M | -7.50M | -7.55M | 7.56M | 11.18M |
Adrad Holdings Limited Technical Analysis
Positive
1.16
Price Trends
1.41
Positive
1.35
Positive
1.24
Positive
Market Momentum
>-0.01
Positive
51.26
Neutral
60.75
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:AHL, the sentiment is Positive. The current price of 1.16 is below the 20-day moving average (MA) of 1.47, below the 50-day MA of 1.41, and below the 200-day MA of 1.24, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 51.26 is Neutral, neither overbought nor oversold. The STOCH value of 60.75 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:AHL.
Adrad Holdings Limited Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | AU$516.78M | 21.41 | 26.61% | 2.15% | -0.48% | 1.65% | |
64 Neutral | AU$187.26M | 15.10 | 19.69% | 4.14% | 8.34% | -6.22% | |
64 Neutral | AU$71.39M | 14.46 | 11.27% | 2.67% | 10.80% | 26.91% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
63 Neutral | AU$105.93M | 17.53 | 4.45% | 7.10% | -12.68% | -76.78% | |
61 Neutral | AU$109.78M | 16.83 | 5.09% | 2.96% | 1.55% | 4.84% |
* Industrials Sector Average
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Adrad Holdings Limited Corporate Events
Adrad shareholders back board and CEO incentive plans at 2026 AGM
Oct 21, 2026
Adrad Holdings Limited, an Australian radiator and heat exchange manufacturer serving automotive and heavy industrial markets, maintains an ASX listing and emphasises strong governance through detailed shareholder reporting. The company’s op...
Adrad lifts earnings and cash, expands manufacturing as leadership reshapes strategy
Oct 21, 2026
Adrad Holdings reported a stronger FY26 performance, converting a modest rise in continuing revenue to $155.5 million into a 10.8% increase in underlying EBITDA to $19.5 million and a 15.4% lift in statutory NPAT to $6.5 million. Robust operating ...
Adrad Holdings Flags Lapse of 153,381 Performance Rights
Oct 9, 2026
Adrad Holdings Limited has notified the market of a cessation of securities, confirming that 153,381 performance rights with the ASX security code AHLAG have lapsed. The rights expired because the underlying conditions for conversion into securiti...
Adrad Holdings Sets October 2026 AGM, Emphasises Proxy Voting and Poll Procedures
Sep 21, 2026
Adrad Holdings Ltd has issued its formal notice of annual general meeting, advising shareholders that the AGM will be held in Adelaide on 21 October 2026, with voting eligibility set for the evening of 19 October 2026. The company reminds investor...
Adrad Director Gary Washington Increases Indirect Shareholding via On-Market Purchase
Sep 4, 2026
Adrad Holdings Limited has reported a change in director Gary Washington’s relevant interests in its fully paid ordinary shares, detailing movements in his indirect holdings through family-related entities. The notice confirms that his subst...
Adrad MD Reverses Inadvertent Share Sale as Board Tightens Trading Controls
Aug 19, 2026
Adrad Holdings Limited has disclosed a late notification of changes to Managing Director Paul Proctor’s shareholding after his independent financial adviser sold a total of 13,107 shares during a restricted trading period without his immedia...
Adrad boosts FY26 earnings and cash flow as Heat Transfer Solutions drives growth
Aug 18, 2026
Adrad Holdings Limited reported improved earnings and operating cash flow for the year to 30 June 2026, despite modest revenue growth. Management’s focus on operational efficiency, margin improvement and cash generation helped strengthen pro...
Adrad cautions investors as it releases FY26 results presentation
Aug 18, 2026
Adrad Holdings Limited has released a FY26 results presentation, positioning the document as background information for investors rather than formal advice. The company stresses that the presentation is incomplete, subject to change without notice...
Adrad Holdings Releases Comprehensive 2026 Annual Report
Aug 18, 2026
Adrad Holdings Limited has released its 2026 annual report, presenting a full set of statutory documents including financial statements, directors’ report, and an independent auditor’s report. The report also covers shareholder informa...
Adrad Holdings Declares SemiāAnnual Dividend for June 2026 Period
Aug 17, 2026
Adrad Holdings Limited, traded on the ASX under ticker AHL, is an Australian public company with ordinary fully paid shares that adheres to semi‑annual reporting cycles. Its listing and regular distributions place it among established issuer...
Adrad lifts annual profit and boosts fully franked dividends
Aug 17, 2026
Adrad Holdings Limited reported a consolidated profit after tax of $6.52 million for the year ended 30 June 2026, up from $5.65 million in the prior year. During the period it also issued 18,243 fully paid ordinary shares at no consideration to el...
Adrad schedules FY26 results release and investor webinar
Aug 17, 2026
Adrad Holdings Limited will release its full-year FY26 results for the period ending 30 June 2026 on Tuesday, 18 August 2026, signalling an upcoming update on the company’s financial and operational performance. The announcement underscores ...
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.