Oldfields Holdings Ltd (OLH) AI Stock Analysis

• Market Cap: AU$6.18M
• Dividend Yield: N/A
• Average Volume (3M): 45.28K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.49
• Revenue Growth: -16.97%
• EPS Growth: -35.44%
• Country: AU
• Employees: 136
• Sector: Industrials
• Sector Strength: 88
• Industry: Construction
• EPS (TTM): -0.03
• Shares Outstanding: 213,059,130
• 10 Day Avg. Volume: 110,275
• 30 Day Avg. Volume: 45,276
• PEG Ratio: -0.05
• Price to Book (P/B): -1.87
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -2.73
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Oldfields Holdings Ltd faces severe financial and operational challenges, with declining revenues and high financial leverage posing substantial risks to its stability. Technical indicators confirm a bearish trend, with oversold conditions providing little immediate relief. The negative valuation metrics further highlight the company's struggles with profitability. Strategic changes are imperative for rebuilding financial health and restoring investor confidence.

Oldfields Holdings Ltd Business Overview & Revenue Model

Company Description

Oldfields Holdings Ltd (OLH) is an Australian company specializing in the manufacturing and distribution of products within the home improvement and industrial sectors. The company's core products include scaffolding, painting equipment, and other related accessories that cater to both professional and DIY markets.

How the Company Makes Money

Oldfields Holdings Ltd generates revenue primarily through the sale of its products, which include scaffolding systems, painting tools, and equipment. The company serves a diverse customer base, including construction companies, contractors, and retail consumers. Revenue streams are bolstered by their well-established distribution networks, which facilitate the widespread availability of their products. Additionally, Oldfields may engage in partnerships with retailers and wholesalers to enhance market presence and sales channels, although specific partnerships are not detailed. The combination of manufacturing, distribution, and strategic partnerships allows the company to maintain a stable income flow.

Oldfields Holdings Ltd Financial Statement Overview

Summary

Oldfields Holdings Ltd faces significant financial difficulties, with declining revenues, ongoing losses, and liquidity challenges. The income statement shows negative margins and volatile revenue growth, the balance sheet indicates high financial leverage and negative equity, and the cash flow statement highlights poor cash conversion and constraints.

Income Statement

Oldfields Holdings Ltd has experienced declining revenues and profitability over the years. The gross profit margin has decreased significantly, indicating increased cost pressures. Negative EBIT and EBITDA margins suggest operational inefficiencies, while the net profit margin is consistently negative, reflecting ongoing net losses. Revenue growth is volatile, with a recent sharp decline, pointing to market challenges or competitive pressures.

Balance Sheet

The company's balance sheet shows financial stress, with negative stockholders' equity, indicating liabilities exceed assets. The debt-to-equity ratio is not calculable due to negative equity, but the high total debt level is concerning. With a declining equity ratio and poor return on equity, these factors highlight significant financial leverage and potential solvency issues.

Cash Flow

Oldfields Holdings Ltd's cash flow situation is challenging, with negative free cash flow indicating cash outflows exceed inflows from operations. The operating cash flow to net income ratio is low, reflecting limited cash generation relative to reported losses. The free cash flow to net income ratio also highlights poor cash conversion, with cash constraints likely impacting business operations.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
26.64M	28.00M	37.64M	24.47M	22.72M	24.59M
	Gross Profit
12.37M	12.66M	16.55M	8.68M	9.74M	10.94M
	EBIT
-1.29M	-3.17M	-1.18M	-3.75M	-3.24M	-2.72M
	EBITDA
-2.82M	-3.10M	2.33M	-959.00K	346.00K	1.57M
	Net Income Common Stockholders
-5.58M	-7.93M	-1.46M	-4.30M	-2.85M	-1.46M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
1.20M	830.00K	1.43M	1.43M	1.02M	1.78M
	Total Assets
20.58M	20.88M	21.26M	18.79M	15.49M	16.34M
	Total Debt
16.05M	13.34M	7.18M	8.06M	4.18M	3.20M
	Net Debt
14.85M	12.51M	5.76M	6.64M	3.15M	1.42M
	Total Liabilities
24.30M	26.17M	19.05M	17.17M	10.44M	8.40M
	Stockholders Equity
-5.17M	-6.57M	1.30M	801.00K	4.31M	7.19M
Cash Flow		Free Cash Flow
-3.98M	-636.00K	-714.00K	-3.15M	-17.00K	-12.00K
	Operating Cash Flow
-2.90M	323.00K	1.38M	-2.07M	1.26M	716.00K
	Investing Cash Flow
-1.39M	-959.00K	-2.09M	-1.08M	-1.27M	-321.00K
	Financing Cash Flow
4.01M	39.00K	715.00K	2.73M	-919.00K	1.95M

Oldfields Holdings Ltd Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.03
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:OLH, the sentiment is Negative. The current price of 0.03 is below the 20-day moving average (MA) of 0.04, below the 50-day MA of 0.05, and below the 200-day MA of 0.06, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 0.17 is Positive, neither overbought nor oversold. The STOCH value of 25.25 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:OLH.

Oldfields Holdings Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
WGN	73 Outperform	€362.25M	18.25	14.64%	1.40%	-14.99%	195.52%
JHX	68 Neutral	$17.26B	25.45	21.82%	―	2.20%	-16.72%
Sector *	64 Neutral	$4.39B	12.06	5.17%	249.63%	4.03%	-11.04%
PGH	57 Neutral	€285.76M	9.80	5.38%	―	-0.69%	―
BKW	47 Neutral	$4.20B	―	-1.34%	2.54%	-7.76%	-123.85%
OLH	34 Underperform	AU$6.18M	―		―	-16.97%	-35.44%

Oldfields Holdings Ltd Corporate Events

Oldfields Holdings Announces Major Board Resignations and Interim Leadership

Oldfields Holdings Limited has announced significant changes in its board, with the resignation of Joe Screnci as Non-Executive Director and Chairman, Michael Micallef as Managing Director and CEO, and David Baird as Non-Executive Director, all effective 30 April 2025. Frank Lesko has been appointed as Interim Managing Director while the company searches for a new CEO, and a new Chairman will be announced in due course. These changes could impact the company’s strategic direction and operations as it undergoes leadership transitions.

Oldfields Holdings Director Alters Shareholding

Oldfields Holdings Limited has announced a change in the director’s interest, with David John Baird, a director and beneficiary of DJB Superannuation Fund, disposing of 180,000 fully paid ordinary shares at $0.05 per share through an on-market trade. This change reduces his total holdings to 1,002,799 shares, potentially impacting his influence within the company and signaling a strategic financial decision.

Oldfields Holdings Reports Strong H1 FY2025 Performance Amid Strategic Shift

Oldfields Holdings Limited has successfully transitioned its business model in H1 FY2025, focusing on sales and distribution, particularly in scaffold products, after exiting the hire and service model on the East Coast. This strategic shift has resulted in a significant improvement in profitability, with EBITDA rising to $1.898M and a net profit after tax of $475k, marking a turnaround from the previous year’s loss. The company has also strengthened its financial position through strategic sales, debt reduction, and capital raises, setting the stage for continued growth and operational efficiency in the second half of FY2025. Oldfields anticipates further financial and operational improvements, driven by strong demand for its products and ongoing investments in sales and distribution initiatives, positioning the company for sustained profitability and long-term value creation for stakeholders.

Oldfields Holdings Ltd Reports Financial Turnaround Despite Revenue Dip

Oldfields Holdings Ltd reported a significant improvement in its financial performance for the half-year ended 31 December 2024. Despite a 9.4% decrease in revenues from ordinary activities compared to the previous year, the company achieved a substantial increase in EBITDA, profit before income tax, and profit after tax attributable to members of the parent entity. This turnaround is indicative of improved operational efficiency and cost management, although no dividends were declared for the period.