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National Tyre & Wheel Ltd.
(Sydney:NTD)
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Rating:43Neutral
Price Target:
AU$0.17
▼(-8.42% Downside)
Action:Reiterated
Date:08/28/26
The score is primarily constrained by deteriorating profitability (consecutive losses and declining revenue) and a leveraged balance sheet, despite some improvement in debt. Technicals also weigh on the score due to a clear downtrend and negative MACD, with oversold readings only offering limited offset. Valuation provides little support because the company is loss-making (negative P/E) and no dividend yield is available.
Positive Factors
Positive Free Cash Flow
Positive operating and free cash flow provides internal funding for operations and debt service despite accounting losses. This supports liquidity and gives management some flexibility while the business works to restore profitability.
Negative Factors
Revenue Decline and Sustained Losses
Falling revenue combined with consecutive losses weakens the company’s ability to fund growth, service obligations, and absorb industry pressure. Persistent operating losses could erode liquidity and reduce the value of its established operations.
Read all positive and negative factors
Positive Factors
Negative Factors
Positive Free Cash Flow
Positive operating and free cash flow provides internal funding for operations and debt service despite accounting losses. This supports liquidity and gives management some flexibility while the business works to restore profitability.
Read all positive factors
National Tyre & Wheel Ltd. (NTD) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$30.19M
Dividend YieldN/A
Average Volume (3M)24.55K
Price to Earnings (P/E)―
Beta (1Y)0.32
Revenue Growth-17.25%
EPS Growth74.53%
CountryAU
Employees500
SectorConsumer Cyclical
Sector Strength84
IndustryAuto - Parts
Share Statistics
EPS (TTM)N/A
Shares Outstanding167,707,610
10 Day Avg. Volume30,284
30 Day Avg. Volume24,552
Financial Highlights & Ratios
PEG Ratio0.04
Price to Book (P/B)0.51
Price to Sales (P/S)0.08
P/FCF Ratio3.58
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
National Tyre & Wheel Ltd. Business Overview & Revenue Model
Company Description
National Tyre & Wheel Limited, operating through its subsidiaries, focuses on the marketing and distribution of a wide array of motor vehicle components, including tires, wheels, inner tubes, and related accessories. Its operations are established...
How the Company Makes Money
null...
National Tyre & Wheel Ltd. Financial Statement Overview
Summary
Income Statement
34
Negative
Balance Sheet
45
Neutral
Cash Flow
57
Neutral
| Breakdown | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 445.30M | 538.15M | 533.43M | 582.28M | 555.55M |
| Gross Profit | 35.51M | 152.26M | 168.44M | 55.37M | 59.81M |
| EBITDA | 21.29M | -15.12M | 36.32M | 36.32M | 40.56M |
| Net Income | -12.59M | -43.76M | 1.56M | 3.33M | 9.40M |
Balance Sheet | |||||
| Total Assets | 293.05M | 354.10M | 413.10M | 376.05M | 385.67M |
| Cash, Cash Equivalents and Short-Term Investments | 20.87M | 46.99M | 39.11M | 33.04M | 35.83M |
| Total Debt | 146.69M | 177.42M | 177.55M | 160.15M | 163.39M |
| Total Liabilities | 225.15M | 267.74M | 295.80M | 260.71M | 273.21M |
| Stockholders Equity | 66.37M | 83.81M | 114.54M | 112.27M | 108.96M |
Cash Flow | |||||
| Free Cash Flow | 9.38M | 23.34M | 30.57M | 20.06M | 6.71M |
| Operating Cash Flow | 11.95M | 27.13M | 35.22M | 24.17M | 11.84M |
| Investing Cash Flow | -1.87M | -2.36M | -6.12M | -6.25M | -52.56M |
| Financing Cash Flow | -37.94M | -17.21M | -23.50M | -18.04M | 44.86M |
National Tyre & Wheel Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | AU$1.64B | 17.77 | 12.52% | 6.51% | -3.83% | -5.92% | |
72 Outperform | AU$1.56B | 32.54 | 30.40% | 2.21% | 15.55% | 17.30% | |
71 Outperform | AU$51.74M | 24.07 | 17.94% | ― | 22.73% | 15.22% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
56 Neutral | AU$235.82M | 36.59 | 2.93% | ― | 2.46% | ― | |
45 Neutral | AU$4.09M | -0.29 | -23.57% | ― | -10.18% | -354.02% | |
43 Neutral | AU$30.19M | -2.40 | -13.84% | ― | -17.25% | 74.53% |
* Consumer Cyclical Sector Average
AU:NTD
National Tyre & Wheel Ltd.
0.18
-0.14
-43.75%
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National Tyre & Wheel Ltd. Corporate Events
NTAW Holdings Outlines Governance and Diversity Framework for 2026
Aug 27, 2026
NTAW Holdings Limited has detailed its corporate governance practices for the year to 30 June 2026, confirming alignment with the ASX Corporate Governance Council’s fourth‑edition principles and recommendations. The board has formal ch...
NTAW Holdings Resets Business and Targets Controlled Growth in FY2027
Aug 27, 2026
NTAW Holdings’ Managing Director and CEO Warwick Hay described FY2026 as a year of reset and delivery, highlighting improvements in gross margins, a refined cost base, enhanced balance-sheet flexibility, and the resolution of several structu...
NTAW Revenue Falls but EBITDA Recovers as Loss Narrows
Aug 27, 2026
NTAW Holdings reported a sharp fall in revenue for the year to 30 June 2026, with sales dropping 15.7% to $445.3 million as market conditions weighed on ordinary activities. Despite the top‑line contraction, the group’s EBITDA from con...
NTAW Flags Late Director Interest Notice, Calls Issue Isolated
Aug 4, 2026
NTAW Holdings Limited has disclosed a late lodgement of an Appendix 3Y, detailing a change in director Terry Smith’s relevant interest following an off-market transfer of shares to a family member on 16 June 2026. The company says the delay ...
National Tyre & Wheel Exits WA Black Rubber Operations and South African Tyrelife Stake
Jul 27, 2026
National Tyre Wheel is divesting the Western Australian retail and retreading operations of its Black Rubber subsidiaries, selling key assets in Perth and Port Hedland to Get A Grip Tyres. The deal covers inventory, equipment, vehicles, leases an...
NTAW Secures Extended Covenant Waivers and Confirms CBA Support
Jun 30, 2026
NTAW Holdings Limited has secured an extension of waivers from Commonwealth Bank of Australia on certain financial covenant defaults under its borrowing facility through 31 December 2026, alongside the introduction of new covenants for the financi...
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.
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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.