Want to see AU:TEA full AI Analyst Report?
Top Page
Tasmea Ltd.
(Sydney:TEA)
Select Model
Select Model
Rating:75Outperform
Price Target:
AU$12.00
â–²(21.33% Upside)
Action:Reiterated
Date:09/19/26
The score is driven primarily by strong financial performance (rapid revenue/earnings growth and improved 2024–2026 cash generation) and bullish technical trend/momentum. These positives are tempered by a premium valuation (high P/E) and some underlying risk from earlier cash flow volatility and increasing leverage as the company scales.
Positive Factors
Rapid revenue growth
The sharp expansion in revenue indicates strong business scaling and growing demand for Tasmea’s engineering and technical services. If sustained, this larger operating base can support greater earnings capacity, strengthen market presence, and provide resources for continued reinvestment.
Negative Factors
Rising leverage
Increasing debt as the company scales could reduce financial flexibility and raise the ongoing burden of servicing and refinancing obligations. Although the equity base has grown, further leverage increases may constrain capital allocation and make execution more sensitive to weaker operating periods.
Read all positive and negative factors
Positive Factors
Negative Factors
Rapid revenue growth
The sharp expansion in revenue indicates strong business scaling and growing demand for Tasmea’s engineering and technical services. If sustained, this larger operating base can support greater earnings capacity, strengthen market presence, and provide resources for continued reinvestment.
Read all positive factors
Tasmea Ltd. (TEA) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$3.07B
Dividend Yield2.24%
Average Volume (3M)1.18M
Price to Earnings (P/E)40.7
Beta (1Y)0.69
Revenue Growth136.04%
EPS Growth19.90%
CountryAU
Employees8,000
SectorGeneral
Sector StrengthN/A
IndustryEngineering & Construction
Share Statistics
EPS (TTM)0.28
Shares Outstanding280,527,070
10 Day Avg. Volume510,815
30 Day Avg. Volume1,176,683
Financial Highlights & Ratios
PEG Ratio1.56
Price to Book (P/B)8.04
Price to Sales (P/S)1.88
P/FCF Ratio37.62
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$10.83Price Target Upside9.50% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
EPS Forecast (FY)0.48
Revenue Forecast (FY)AU$2.38B
Tasmea Ltd. Business Overview & Revenue Model
Company Description
Tasmea Ltd, an Australian firm founded in 1997 and based in Dulwich, specializes in delivering essential engineering, maintenance, and project solutions. The company serves diverse industries, including oil and gas, mining and resources, waste and...
Tasmea Ltd. Financial Statement Overview
Summary
Income Statement
86
Very Positive
Balance Sheet
74
Positive
Cash Flow
67
Positive
| Breakdown | Jun 2025 | Jun 2024 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 1.29B | 547.91M | 400.00M | 319.98M | 244.81M |
| Gross Profit | 222.27M | 159.80M | 114.01M | 82.38M | 52.21M |
| EBITDA | 126.21M | 84.09M | 55.46M | 39.01M | 27.73M |
| Net Income | 71.27M | 53.07M | 30.35M | 19.47M | 13.63M |
Balance Sheet | |||||
| Total Assets | 729.79M | 493.56M | 290.87M | 191.77M | 175.25M |
| Cash, Cash Equivalents and Short-Term Investments | 66.87M | 20.31M | 25.13M | 17.01M | 22.67M |
| Total Debt | 155.32M | 140.32M | 65.67M | 57.46M | 53.80M |
| Total Liabilities | 427.70M | 308.19M | 159.51M | 117.91M | 116.38M |
| Stockholders Equity | 302.04M | 185.37M | 131.23M | 73.71M | 58.87M |
Cash Flow | |||||
| Free Cash Flow | 64.57M | 31.53M | 20.82M | -11.01M | -3.70M |
| Operating Cash Flow | 91.03M | 46.49M | 43.00M | 18.45M | 22.10M |
| Investing Cash Flow | -42.30M | -77.16M | -54.83M | -15.63M | -7.40M |
| Financing Cash Flow | -2.17M | 25.86M | 19.95M | -8.49M | -3.43M |
Tasmea Ltd. Technical Analysis
Positive
9.89
Price Trends
9.72
Positive
9.10
Positive
6.81
Positive
Market Momentum
0.36
Positive
58.92
Neutral
28.08
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:TEA, the sentiment is Positive. The current price of 9.89 is below the 20-day moving average (MA) of 10.46, above the 50-day MA of 9.72, and above the 200-day MA of 6.81, indicating a bullish trend. The MACD of 0.36 indicates Positive momentum. The RSI at 58.92 is Neutral, neither overbought nor oversold. The STOCH value of 28.08 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:TEA.
Tasmea Ltd. Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | AU$3.07B | 40.71 | 25.11% | 2.24% | 136.04% | 19.90% | |
75 Outperform | AU$1.51B | 34.61 | 53.12% | 3.27% | 2.95% | 12.85% | |
70 Outperform | AU$2.47B | 33.75 | 15.84% | 1.79% | 26.61% | 44.44% | |
69 Neutral | AU$565.48M | 23.35 | 26.61% | 1.96% | -0.48% | 1.65% | |
66 Neutral | AU$852.44M | 16.68 | 9.25% | 3.63% | 11.40% | 22.22% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
50 Neutral | AU$1.42B | 10.22 | 14.45% | 1.77% | 34.24% | 1.87% |
* General Sector Average
AU:TEA
Tasmea Ltd.
10.96
6.39
139.93%
AU:SRG
SRG Global Limited
3.90
1.31
50.40%
AU:DUR
Duratec Limited
2.17
0.13
6.32%
AU:MGH
MAAS Group Holdings Ltd.
3.93
-0.58
-12.92%
AU:GNG
GR Engineering Services Ltd
7.95
4.21
112.40%
AU:CVL
Civmec Singapore Limited Shs Chess Deposit Interests Repr 1 Sh
1.67
0.34
25.66%
Tasmea Ltd. Corporate Events
S&P Dow Jones Indices Unveils September Rebalance of S&P/ASX Benchmarks
Sep 4, 2026
SP Dow Jones Indices has announced the September 2026 quarterly rebalance of the SP/ASX equity indices, leaving the blue-chip SP/ASX 20 unchanged while adjusting membership across the 50, 100, 200 and 300 benchmarks. The reshuffle reflects shifts ...
Tasmea Director Jason Pryde Exercises Options to Boost Indirect Shareholding
Sep 3, 2026
Tasmea Limited has reported a change in director Jason Frank Pryde’s relevant interests following the exercise of 1,000,000 options under the company’s Option Incentive Plan, as previously approved by shareholders. At Pryde’s dir...
Tasmea seeks ASX quotation for 1 million new ordinary shares
Sep 3, 2026
Tasmea Ltd. has applied for quotation on the ASX of 1,000,000 new ordinary fully paid shares, with an issue date of 28 August 2026. The move modestly expands the company’s listed capital base and may provide additional liquidity for investor...
Tasmea Issues 3 Million Unquoted Employee Options at $1.56
Sep 1, 2026
Tasmea Limited has notified the market of the issue of 3,000,000 unquoted options under its employee incentive scheme, exercisable at $1.56 each, with tranches expiring in June 2028 and June 2029. The options, which will not be quoted on the ASX, ...
Tasmea Seeks ASX Quotation for 3 Million New Shares
Sep 1, 2026
Tasmea Ltd. has applied to the Australian Securities Exchange for the quotation of 3,011,765 ordinary fully paid shares, with an issue date of 28 August 2026, under its existing ticker TEA. The newly issued securities form part of a previously ann...
Tasmea boosts earnings, cash flow and guidance on acquisitive growth
Aug 27, 2026
Tasmea Limited reported a strong FY26 performance, exceeding guidance with underlying EBIT of $118.1 million and underlying NPAT of $73.7 million, driven by robust earnings growth and high operating cash flow of $147.1 million despite a budgeted r...
Tasmea posts record FY26 results and lifts FY27 guidance on strong growth
Aug 27, 2026
Tasmea delivered record FY26 results, with revenue surging 136% to $1.29 billion and underlying EBITA up 54% to $118.1 million, exceeding guidance alongside a 42% rise in underlying NPAT to $73.7 million. Earnings accelerated in the second half as...
Tasmea Limited Releases 2026 Annual Financial and Sustainability Reports
Aug 27, 2026
Tasmea Limited has released its annual financial report for the year ended 30 June 2026, covering the consolidated group and confirming the accounts were authorised for issue by the board on 27 August 2026. The publication of these audited financi...
Tasmea Doubles Revenue and Lifts Profit as Dividends Increase
Aug 27, 2026
Tasmea Limited reported a sharp rise in revenue to $1.29 billion for the year ended 30 June 2026, up 136% from the prior year, while net profit after tax attributable to owners climbed 34% to about $71 million. The company highlighted strong growt...
Tasmea sets FY26 results webcast to brief market
Aug 26, 2026
Tasmea Limited has scheduled the release of its FY26 financial results for Thursday, 27 August 2026, accompanied by a conference call and webcast hosted by senior executives including the managing director and chief executive officer. The approxim...
Tasmea issues new shares under senior employee bonus plan
Aug 12, 2026
Tasmea Ltd. has applied to the ASX for quotation of 10,148 ordinary fully paid shares issued under its Bonus Share Plan. The shares were granted as short‑term incentive awards to several senior employees, pursuant to a plan approved by share...
Tasmea completes acquisition of JPS Group to deepen energy-services footprint
Aug 6, 2026
Tasmea Limited has completed the acquisition of JPS Holdings Pty Ltd and its related entities, adding a leading integrated services provider to the Australian energy sector to its portfolio. JPS specialises in LNG operations and maintenance, shutd...
Tasmea plans equity placement of up to 3 million shares
Aug 6, 2026
Tasmea Ltd. has lodged a notice with the ASX outlining a proposed placement or other type of issue of up to 3,011,765 ordinary fully paid shares, scheduled for issue on 31 August 2026. The move signals the company’s intention to raise additi...
Tasmea Director Stephen Young Increases Indirect Shareholding via Trust Entity
Jul 8, 2026
Tasmea Limited has disclosed a change in director Stephen Elliott Young’s relevant interests in the company’s ordinary shares, reflecting an additional on‑market purchase made via a related entity. The update, lodged under ASX li...
Tasmea seeks ASX quotation for 12 million new shares
Jul 2, 2026
Tasmea Limited has applied for the quotation of 12 million new ordinary fully paid shares on the Australian Securities Exchange, with the securities issued on July 1, 2026. The application, lodged as a new announcement under ASX code TEA, reflects...
Tasmea Issues New Employee Incentive Shares Under Bonus Plan
Jul 1, 2026
Tasmea Ltd. has applied for quotation of 35,744 ordinary fully paid shares on the ASX, to be issued to several senior employees under its Bonus Share Plan. The short-term incentive plan, approved by shareholders at the 2024 annual general meeting,...
Tasmea Director Northover Increases Stake via Dividend and Incentive Plans
Jul 1, 2026
Tasmea Limited has reported a change in the shareholdings of director Trent Michael Northover, reflecting additional ordinary shares acquired through the company’s FY26 special dividend reinvestment plan and its FY26 short-term incentive pla...
Tasmea Director Lifts Stake via Special Dividend Reinvestment
Jul 1, 2026
Tasmea Limited has reported a change in the shareholdings of director Jason Frank Pryde, reflecting his participation and that of his related entities in the company’s FY26 special dividend reinvestment plan. The disclosure underscores Tasme...
Tasmea Director Increases Stake via FY26 Dividend Reinvestment Plan
Jul 1, 2026
Tasmea Limited has disclosed a change in the shareholding of director Mark Gabriel Vartuli, reflecting additional ordinary shares acquired both directly and through related entities. The updated holdings follow participation in the company’s...
Tasmea Director Increases Stake via Dividend Reinvestment Plan
Jul 1, 2026
Tasmea Limited has disclosed changes in director Stephen Elliott Young’s interests in the company’s ordinary shares, reflecting additional holdings acquired directly and through associated entities. The securities were issued under the...
Tasmea Ltd. Seeks ASX Quotation for New Dividend Plan Shares
Jun 30, 2026
Tasmea Ltd. has applied for quotation on the ASX of 2,945,189 new ordinary fully paid shares, issued on June 25, 2026, under a dividend or distribution plan. The move modestly increases the company’s free-float and share count, potentially e...
Tasmea plans new placement of up to 12 million shares
Jun 26, 2026
Tasmea Limited has notified the ASX of a proposed issue of up to 12 million ordinary fully paid shares under a placement or similar capital-raising mechanism, with the new securities targeted for issue on 1 July 2026. The move signals a fresh roun...
Tasmea targets record FY27 earnings on order book strength and acquisitions
Jun 24, 2026
Tasmea Ltd. has issued record earnings guidance for FY27, projecting underlying EBITA of A$202–A$208 million and underlying NPATA of A$128–A$132 million, implying more than 70% year-on-year growth. This outlook is supported by a record...
Tasmea to Acquire JPS Group, Deepening LNG Services and Global Growth
Jun 23, 2026
Tasmea Ltd. has agreed to acquire JPS Group, a leading Australian integrated services provider that embeds specialist workforces with energy asset operators and maintains long-term maintenance service agreements with Tier-1 LNG clients such as Che...
Tasmea to buy JPS Group in A$75m deal to boost LNG services footprint
Jun 23, 2026
Tasmea Limited has agreed to acquire 100% of JPS Group, an integrated services provider to the Australian energy sector with a strong presence in LNG operations, shutdowns and tech-enabled isolation services, for up to A$75 million in cash and scr...
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.