Salter Brothers Emerging Companies Ltd. AI Stock Analysis
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Salter Brothers Emerging Companies Ltd. (SB2) AI Stock Analysis
Salter Brothers Emerging Companies Ltd.
(ASX:SB2)
The overall score is deeply bearish, driven primarily by a catastrophic collapse in revenue and sustained net losses that are consuming shareholder equity. While the company's debt-free balance sheet provides a temporary lifeline, the operational performance is in critical condition. Technicals confirm a weak trend, and the negative P/E ratio renders standard valuation metrics useless, with the high dividend yield appearing unsustainable.
Salter Brothers Emerging Companies Ltd. (SB2) vs. iShares MSCI Australia ETF (EWA)
- Market Cap
- AUD 45.82M
- Dividend Yield
- 7.34%
- Average Volume (3M)
- 22.57K
- Price to Earnings (P/E)
- -5.9
- Beta (1Y)
- 0.65
- Revenue Growth
- -42.55%
- EPS Growth
- -396.54%
- Country
- Australia
- Employees
- ―
- Sector
- Financial
- Sector Strength
- 68
- Industry
- Asset Management
Salter Brothers Emerging Companies Ltd. Business Overview & Revenue Model
Company Description
Salter Brothers Emerging Companies Limited operates as an investment firm, strategically building a portfolio of opportunities with a strong emphasis on Australian publicly traded and private market assets. This entity was established in 2020 and is...
How the Company Makes Money
SB2’s primary economic engine is investment returns generated from its portfolio. It seeks to make money (and ultimately deliver shareholder returns) through: (1) Capital gains: increases in the market value of its equity and other investments; gains...
Salter Brothers Emerging Companies Ltd. Financial Statement Overview
Summary
Financial performance is severely distressed. Revenue has collapsed by 81.9% and the company is generating substantial net losses, which are steadily eroding the equity base. The only mitigating factor is a debt-free balance sheet and a recent, albeit questionable, positive free cash flow of $5.3M.
Income Statement
18Very NegativeBalance Sheet
65PositiveCash Flow
55Neutral| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.63M | 3.63M | 6.96M | -2.92M | 8.00M | -8.27M |
| Gross Profit | 2.37M | 2.37M | 6.96M | -2.92M | 8.00M | -8.27M |
| EBITDA | -11.61M | -11.61M | 4.26M | 0 | 5.85M | 0 |
| Net Income | -7.89M | -7.89M | 3.15M | -1.82M | 4.22M | -8.19M |
Balance Sheet | ||||||
| Total Assets | 76.68M | 76.68M | 87.70M | 86.38M | 89.68M | 90.99M |
| Cash, Cash Equivalents and Short-Term Investments | 3.49M | 3.49M | 84.72M | 80.92M | 85.65M | 86.83M |
| Total Debt | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 1.96M | 1.96M | 927.00K | 270.00K | 438.00K | 1.72M |
| Stockholders Equity | 74.72M | 74.72M | 86.78M | 86.11M | 89.24M | 89.27M |
Cash Flow | ||||||
| Free Cash Flow | 5.27M | 5.27M | 6.08M | -437.00K | -2.69M | 5.04M |
| Operating Cash Flow | 5.27M | 5.27M | 6.08M | -437.00K | -2.69M | 5.04M |
| Investing Cash Flow | 0 | 0 | 0 | 0 | 0 | 0 |
| Financing Cash Flow | -4.16M | -4.16M | -5.61M | -1.33M | -1.09M | 0 |
Salter Brothers Emerging Companies Ltd. Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:SB2, the sentiment is Negative. The current price of 0.55 is below the 20-day moving average (MA) of 0.56, below the 50-day MA of 0.56, and below the 200-day MA of 0.59, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 42.91 is Neutral, neither overbought nor oversold. The STOCH value of 23.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:SB2.
Salter Brothers Emerging Companies Ltd. Peers Comparison
Overall Rating
AU:KAT71Outperform
AU:SEC60Neutral
AU:WMI59Neutral- AU:SB244Neutral
AU:ECP31Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| AU:KAT | 71Outperform | AUD 44.16M | 11.94 | 8.04% | 1.37% | 43.21% | 40.98% |
| Sector * | 68Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% |
| AU:SEC | 60Neutral | AUD 134.86M | 113.50 | 1.05% | 6.27% | -35.12% | -90.81% |
| AU:WMI | 59Neutral | AUD 317.91M | -2239.22 | -0.04% | 9.47% | -95.35% | -99.87% |
| AU:SB2 | 44Neutral | AUD 46.24M | -5.90 | -9.58% | 7.34% | -42.55% | -396.54% |
| AU:ECP | 31Underperform | AUD 11.99M | -1.36 | -38.24% | 8.67% | -14.03% | -1062.94% |
* Financial Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| AU:SB2 | Salter Brothers Emerging Companies Ltd. | 0.55 | -0.16 | -22.36% | |
| AU:GC1 | Glennon Small Companies Ltd | 0.40 | -0.06 | -12.42% | |
| AU:ECP | ECP Emerging Growth Ltd. | 0.65 | -0.53 | -45.05% | |
| AU:WMI | WAM Microcap Ltd. | 1.14 | -0.35 | -23.34% | |
| AU:SEC | Spheria Emerging Cos. Ltd. | 2.18 | -0.43 | -16.60% | |
| AU:KAT | Katana Capital Ltd. | 1.40 | 0.11 | 8.44% |
Salter Brothers Emerging Companies Ltd. Corporate Events
Salter Brothers Emerging Companies Details Governance Compliance in ASX Appendix 4G Filing
Salter Brothers Emerging Companies Ltd. has lodged its Appendix 4G and confirmed that its corporate governance statement for the year ended 30 June 2026 is included in its annual report, current as at 31 August 2026 and approved by the board. The fil...
Salter Brothers Emerging Companies Swings to Loss but Maintains Dividend Payouts
Salter Brothers Emerging Companies Limited reported a sharp swing to a net loss after tax of $7.9 million for the year to 30 June 2026, compared with a $3.1 million profit a year earlier, as investment income reversed from a gain to a $9.5 million lo...
Salter Brothers Emerging Companies narrows July losses as small-cap portfolio outperforms benchmark
Salter Brothers Emerging Companies reported a post-tax net tangible asset value of $0.879 per share at 31 July 2026, with the portfolio down 1.57% for the month but outperforming the ASX Emerging Companies Index. The fund’s market capitalisation of $...
Salter Brothers Emerging Companies Narrows Loss as Portfolio Outperforms Benchmark
Salter Brothers Emerging Companies Ltd reported a pre-tax net tangible asset value of $0.815 per share and post-tax NTA of $0.885 as at 30 June 2026, with its shares trading at a significant 34.46% discount to NTA. The portfolio, heavily weighted to...
Director Robert Salter Increases Stake in Salter Brothers Emerging Companies
Salter Brothers Emerging Companies Limited has disclosed a change in director Robert Salter’s interests, with his combined direct and indirect holding in the company increasing significantly. Over the period from 15 to 18 June 2026, Salter acquired 3...
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: Sep 06, 2026