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GR Engineering Services Ltd (GNG) AI Stock Analysis
GR Engineering Services Ltd
(ASX:GNG)
The stock’s score is driven primarily by robust financial performance, with high returns on equity, low leverage and improving cash generation supporting a strong foundation despite project-driven volatility. Strong positive price momentum further lifts the score, though momentum looks extended and may cap near-term gains. A relatively rich valuation, with a high P/E ratio and only moderate dividend yield, offsets some of these strengths by limiting valuation-driven upside.
GR Engineering Services Ltd (GNG) vs. iShares MSCI Australia ETF (EWA)
- Market Cap
- AUD 1.34B
- Dividend Yield
- 3.70%
- Average Volume (3M)
- 579.19K
- Price to Earnings (P/E)
- 30.6
- Beta (1Y)
- 1.20
- Revenue Growth
- 2.95%
- EPS Growth
- 12.85%
- Country
- Australia
- Employees
- 979
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Engineering & Construction
GR Engineering Services Ltd Business Overview & Revenue Model
Company Description
GR Engineering Services Limited provides engineering, process control, automation, and construction services to the mining and mineral processing industries in Australia and internationally. The company operates through Mineral Processing and Oil & G...
How the Company Makes Money
GNG primarily makes money by contracting to deliver EPC/EPCM-style project work for clients in the resources and energy industries. Revenue is earned under customer contracts as project milestones are achieved and/or as work is performed (e.g., engin...
GR Engineering Services Ltd Financial Statement Overview
Summary
Strong financial profile with rising earnings, high returns on equity, low leverage and improving cash generation, tempered by volatility in revenue, margins and cash flows due to project cyclicality.
Income Statement
82Very PositiveBalance Sheet
90Very PositiveCash Flow
78Positive| Breakdown | TTM | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 493.16M | 493.16M | 479.02M | 424.06M | 551.36M | 651.67M |
| Gross Profit | 74.33M | 74.33M | 254.86M | 232.54M | 52.61M | 65.77M |
| EBITDA | 61.48M | 61.48M | 55.44M | 50.02M | 46.20M | 55.93M |
| Net Income | 39.03M | 39.03M | 34.21M | 31.18M | 27.49M | 34.72M |
Balance Sheet | ||||||
| Total Assets | 265.43M | 265.43M | 192.51M | 226.75M | 193.96M | 235.44M |
| Cash, Cash Equivalents and Short-Term Investments | 87.94M | 87.94M | 70.96M | 74.65M | 86.02M | 101.99M |
| Total Debt | 10.16M | 10.16M | 9.18M | 9.15M | 7.23M | 4.26M |
| Total Liabilities | 188.84M | 188.84M | 123.66M | 160.43M | 134.23M | 173.28M |
| Stockholders Equity | 76.60M | 76.60M | 68.85M | 66.33M | 59.73M | 62.16M |
Cash Flow | ||||||
| Free Cash Flow | 58.76M | 58.76M | 35.84M | 24.97M | 9.86M | 65.81M |
| Operating Cash Flow | 62.00M | 62.00M | 38.21M | 29.79M | 13.27M | 69.42M |
| Investing Cash Flow | -2.99M | -2.99M | -3.02M | -8.27M | 4.25M | -3.99M |
| Financing Cash Flow | -41.97M | -41.97M | -38.69M | -33.51M | -32.94M | -33.13M |
GR Engineering Services Ltd Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:GNG, the sentiment is Positive. The current price of 7.03 is below the 20-day moving average (MA) of 7.24, below the 50-day MA of 7.10, and above the 200-day MA of 5.38, indicating a neutral trend. The MACD of -0.08 indicates Positive momentum. The RSI at 48.42 is Neutral, neither overbought nor oversold. The STOCH value of 82.29 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:GNG.
GR Engineering Services Ltd Peers Comparison
Overall Rating
AU:LYL80Outperform
AU:GNG78.5Outperform
AU:MND72Outperform
AU:NWH70Outperform
AU:CVL60Neutral
AU:DOW55Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| 80Outperform | AUD 788.25M | 19.40 | 24.65% | 2.95% | 12.00% | -5.39% | |
| 79Outperform | AUD 1.34B | 30.57 | 53.12% | 3.70% | 2.95% | 12.85% | |
| 72Outperform | AUD 2.96B | 23.16 | 22.77% | 3.67% | 29.43% | 50.05% | |
| 70Outperform | AUD 2.91B | 18.53 | 23.03% | 3.65% | 31.39% | 451.49% | |
| Sector * | 61Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
| 60Neutral | AUD 867.75M | 16.73 | 9.25% | 3.56% | 11.40% | 22.22% | |
| 55Neutral | AUD 4.65B | 21.64 | 11.01% | 4.09% | -7.37% | 59.81% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| AU:GNG | GR Engineering Services Ltd | 7.03 | 3.57 | 103.41% | |
| AU:DOW | Downer EDI Limited | 7.14 | -0.27 | -3.58% | |
| AU:LYL | Lycopodium Limited | 19.98 | 7.88 | 65.14% | |
| AU:MND | Monadelphous Group Limited | 29.41 | 7.28 | 32.89% | |
| AU:NWH | NRW Holdings Limited | 6.30 | 1.64 | 35.22% | |
| AU:CVL | Civmec Singapore Limited Shs Chess Deposit Interests Repr 1 Sh | 1.70 | 0.32 | 23.01% |
GR Engineering Services Ltd Corporate Events
GR Engineering Director Increases Stake via Share Purchase Plan
GR Engineering Services Limited has disclosed a change in the shareholding of director Giuseppe Totaro, reflecting an increase in his combined direct and indirect interests in the company. Totaro holds securities as trustee and beneficiary of the Tot...
GR Engineering Director Increases Indirect Shareholding via Share Plan
GR Engineering Services Ltd has reported a change in director Phil Lockyer’s indirect interest in the company’s shares. The holding is held via Blueblaze Pty Ltd as trustee for the Lockyer Family Super Fund, in which Lockyer is a benefici...
GR Engineering Director Increases Indirect Shareholding via Share Purchase Plan
GR Engineering Services Limited has reported a minor change in the shareholding of director Tony Marco Patrizi through an Appendix 3Y notice to the ASX. The update reflects routine disclosure obligations under Australian securities law.Patrizi, via h...
GR Engineering Raises Full $10m Target in Oversubscribed Share Purchase Plan
GR Engineering Services has completed its share purchase plan, raising its full $10 million target through the issue of approximately 1.6 million new shares at $6.10 each, matching the price of its recent $100 million institutional placement. The str...
GR Engineering Issues 925,500 Unquoted Performance Rights Under Incentive Scheme
GR Engineering Services Ltd has notified the market of the issue of 925,500 unquoted performance rights under its employee incentive scheme. The securities, designated as GNGAQ performance rights and not intended to be quoted on the ASX, were issued...
GR Engineering lists new shares from dividend plan on ASX
GR Engineering Services Ltd has applied for quotation on the ASX of 185,388 ordinary fully paid shares issued under a dividend or distribution plan. The new securities, to trade under the existing GNG code from 23 September 2026, modestly increase th...
GR Engineering Sets 2026 AGM Date and Opens Director Nominations
GR Engineering Services Ltd has announced that its Annual General Meeting will be held on 25 November 2026 at 11 a.m. AWST. The meeting will include the election of directors, with written nominations for board positions required to be lodged at the...
GR Engineering Updates Dividend Reinvestment Plan Pricing for June 2026 Distribution
GR Engineering Services Ltd, an ASX‑listed engineering services provider trading under ticker GNG, offers ordinary fully paid shares that participate in regular semi‑annual dividends. The company’s dividend framework links distribut...
GR Engineering Services Adjusts Capital as Performance Rights Lapse
GR Engineering Services Ltd has reported a change in its issued capital, notifying the cessation of a tranche of performance rights listed on the ASX. The update reflects an adjustment to its equity-based remuneration structure for employees or execu...
GR Engineering Opens Share Purchase Plan After $100m Placement
GR Engineering Services has opened its share purchase plan to eligible shareholders in Australia and New Zealand, allowing them to subscribe for up to $30,000 of new shares each at $6.10 per share, free of transaction and brokerage costs. The plan, w...
GR Engineering launches institutional placement and $10m share purchase plan
GR Engineering Services has issued 16,393,443 fully paid ordinary shares at $6.10 each to institutional investors as part of an institutional placement, expanding its capital base and broadening its institutional shareholder register. The company has...
GR Engineering Wins $50m EPC Contract for Cosmic Boy Concentrator Conversion
GR Engineering Services Ltd has signed a $50 million engineering, procurement and construction contract with Medallion Metals subsidiary Myamba Minerals to convert the existing Cosmic Boy Concentrator into a standalone facility producing copper conce...
GR Engineering Seeks ASX Quotation for 16.4 Million New Shares
GR Engineering Services Ltd has applied for quotation of 16,393,443 ordinary fully paid shares on the Australian Securities Exchange. The securities, issued as part of previously announced transactions, expand the company’s tradable equity base...
GR Engineering issues nearly 2 million shares to staff under incentive plan
GR Engineering Services Limited has issued 1,991,750 fully paid ordinary shares to employees at nil consideration, following the vesting and exercise of an equivalent number of Performance Rights under its 2022 Equity Incentive Plan approved by share...
GR Engineering to List Nearly 2 Million New Shares from Staff Incentive Plan
GR Engineering Services Ltd has applied to the ASX for quotation of 1,991,750 new fully paid ordinary shares, to be issued on 27 August 2026. The new securities arise from an employee incentive scheme and their quotation will expand the company’...
GR Engineering Raises $100m via Institutional Placement and Launches Retail SPP
GR Engineering Services Ltd has successfully secured binding commitments for a non-underwritten institutional placement of new shares to raise up to $100 million. The new shares, priced at $6.10 each and issued under ASX Listing Rule 7.1, attracted s...
GR Engineering Services Plans Share Placement and Securities Purchase Plan
GR Engineering Services Ltd has notified the ASX of a proposed issue of ordinary fully paid shares via a placement and a securities purchase plan. The move underscores the company’s use of equity markets to support its capital requirements and...
GR Engineering outlines equity raising via placement and share purchase plan
GR Engineering Services Ltd, an ASX-listed Australian engineering and construction services provider, focuses on delivering projects to resource and industrial clients and accesses capital markets through equity raisings targeted at institutional, so...
GR Engineering Targets Strong FY27 Growth with Record Earnings and First Equity Raise Since IPO
GR Engineering Services reported FY26 revenue of $493.2 million, record EBITDA of $63.1 million and net profit after tax of $39.0 million, underpinned by strong project execution across its engineering and production services units. The company incre...
GR Engineering Services Sets Dividend Timetable With 2026 Annual Report
GR Engineering Services Limited has released its annual financial report for the year ended 30 June 2026, outlining its consolidated profit or loss, financial position, cash flows and changes in equity, together with detailed notes to the financial s...
GR Engineering Services Requests Trading Halt Ahead of Market-Sensitive Announcement
GR Engineering Services Ltd, an ASX-listed engineering services company focused on mineral processing and energy-related projects, provides design, construction and maintenance solutions to resource sector clients. Its revenues and growth prospects a...
GR Engineering Sets Date for FY26 Results and Investor Briefing
GR Engineering Services Limited has announced that it will release its full year results for the period ended 30 June 2026, along with its outlook for the year to 30 June 2027, on 24 August 2026. The timing of the announcement gives investors an upco...
GR Engineering wins $229.5m EPC contract for BHP’s Yandi upgrade
GR Engineering Services has secured a $229.5 million EPC contract from BHP Iron Ore, acting for the Yandi joint venture, to upgrade the Yandi Eastern front-end facility as part of the Ministers North Project in Western Australia’s Pilbara regio...
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.
Date of analysis: Aug 27, 2026