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Waterco Limited (WAT) AI Stock Analysis
Waterco Limited
(ASX:WAT)
The overall score reflects a sound but not flawless financial profile with good growth and profitability offset by margin and cash-flow volatility and higher leverage, combined with a strong yet stretched technical uptrend and a broadly reasonable valuation supported by a modest dividend yield.
Waterco Limited (WAT) vs. iShares MSCI Australia ETF (EWA)
- Market Cap
- AUD 252.03M
- Dividend Yield
- 2.73%
- Average Volume (3M)
- 1,535
- Price to Earnings (P/E)
- 16.4
- Beta (1Y)
- 0.13
- Revenue Growth
- 1.42%
- EPS Growth
- 61.72%
- Country
- Australia
- Employees
- 937
- Sector
- Industrials
- Sector Strength
- 63
- Industry
- Industrial - Pollution & Treatment Controls
Waterco Limited Business Overview & Revenue Model
Company Description
Waterco Limited engages in the manufacture, wholesale, and export of equipment and accessories in the swimming pool, spa pool, spa bath, rural pump, and irrigation and water treatment sectors in Australia, New Zealand, Asia, North America, and Europe...
Waterco Limited Financial Statement Overview
Summary
Financials show solid revenue growth, consistent profitability, and increasing assets and equity, but volatile margins, weakening cash flow relative to earnings, and higher leverage reduce the overall strength of the profile.
Income Statement
72PositiveBalance Sheet
74PositiveCash Flow
58Neutral| Breakdown | TTM | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 259.35M | 259.35M | 254.93M | 244.84M | 128.10M | 122.81M |
| Gross Profit | 63.15M | 63.15M | 125.54M | 120.31M | 29.83M | 28.93M |
| EBITDA | 36.95M | 36.95M | 31.84M | 33.48M | 21.63M | 21.51M |
| Net Income | 15.46M | 15.46M | 9.57M | 13.90M | 10.85M | 11.64M |
Balance Sheet | ||||||
| Total Assets | 280.26M | 280.26M | 264.24M | 257.77M | 167.95M | 157.65M |
| Cash, Cash Equivalents and Short-Term Investments | 20.42M | 20.42M | 24.52M | 16.80M | 12.34M | 11.95M |
| Total Debt | 87.39M | 87.39M | 82.35M | 80.69M | 21.33M | 20.89M |
| Total Liabilities | 126.20M | 126.20M | 121.60M | 127.92M | 46.72M | 46.64M |
| Stockholders Equity | 153.80M | 153.80M | 142.27M | 129.53M | 120.87M | 110.50M |
Cash Flow | ||||||
| Free Cash Flow | 5.74M | 5.74M | 18.11M | 22.16M | 8.27M | -176.00K |
| Operating Cash Flow | 14.34M | 14.34M | 21.15M | 24.50M | 11.19M | 3.33M |
| Investing Cash Flow | -8.54M | -8.54M | -2.83M | -56.21M | -3.39M | -3.92M |
| Financing Cash Flow | -9.01M | -9.01M | -11.57M | 37.58M | -7.12M | -1.23M |
Waterco Limited Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:WAT, the sentiment is Positive. The current price of 7.20 is above the 20-day moving average (MA) of 6.59, above the 50-day MA of 6.14, and above the 200-day MA of 5.40, indicating a bullish trend. The MACD of 0.28 indicates Negative momentum. The RSI at 85.20 is Negative, neither overbought nor oversold. The STOCH value of 71.61 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:WAT.
Waterco Limited Peers Comparison
Overall Rating
- AU:WAT71.9Outperform
AU:REH65Neutral
AU:RWC59Neutral
AU:DEM56Neutral
AU:FLC47Neutral
AU:PET45Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| AU:WAT | 72Outperform | AUD 252.03M | 16.36 | 10.34% | 2.73% | 1.42% | 61.72% |
| AU:REH | 65Neutral | AUD 10.51B | 34.18 | 8.32% | 1.10% | 4.46% | 1.20% |
| Sector * | 63Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% |
| AU:RWC | 59Neutral | AUD 3.27B | 250.72 | 0.81% | 1.54% | -5.16% | -93.82% |
| AU:DEM | 56Neutral | AUD 36.00M | -32.35 | -7.59% | ― | 23.31% | 50.00% |
| AU:FLC | 47Neutral | AUD 63.01M | -6.67 | 89.35% | ― | 28.88% | 69.06% |
| AU:PET | 45Neutral | AUD 5.00M | -1.63 | -48.20% | ― | 308.85% | -44.44% |
* Industrials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| AU:WAT | Waterco Limited | 7.20 | 2.25 | 45.37% | |
| AU:FLC | Fluence Corporation Limited | 0.06 | -0.05 | -47.62% | |
| AU:PET | Phoslock Environmental Technologies Limited | 0.01 | -0.02 | -66.67% | |
| AU:REH | Reece Limited | 17.09 | 5.65 | 49.45% | |
| AU:RWC | Reliance Worldwide Corp. Ltd. | 4.39 | 0.28 | 6.71% | |
| AU:DEM | De.mem Ltd. | 0.11 | 0.00 | 0.00% |
Waterco Limited Corporate Events
Waterco Cancels Long-Dated Options, Trims Future Dilution
Waterco Limited has cancelled 60,000 options that were due to expire on 2 December 2035 with an exercise price of $4.90, following an agreement between the company and the option holder. The move modestly reduces the company’s potential future...
Waterco shareholders back board and pay at 2026 AGM
Waterco Limited has confirmed that all resolutions presented at its 2026 Annual General Meeting, held on 23 October, were passed by poll, signaling strong shareholder support for the company’s current governance and remuneration structures. The...
Waterco flags stronger earnings and margin gains but holds off on profit guidance
Waterco’s chairman told shareholders at the 2026 AGM that first-quarter earnings for the year to June 30, 2027 have improved markedly despite a challenging global backdrop. The uplift is being driven by cost rationalisation following the integr...
Waterco Issues Daily Update on Ongoing ASX Share Buy-Back
Waterco Limited, an ASX-listed company in the water-related products and services sector, is conducting an on-market buy-back of its ordinary fully paid shares under the code WAT. The program represents a capital management initiative designed to adj...
Waterco Cancels Shares Under On-Market Buy-Back
Waterco Limited has announced the cessation of 193 ordinary fully paid shares following their cancellation under an on-market buy-back program. The adjustment to its issued capital indicates a modest share reduction that marginally consolidates exist...
Waterco Issues Daily Update on Ongoing On-Market Share Buy-Back
Waterco Limited has provided an updated notification to the ASX regarding its ongoing on-market share buy-back program for its ordinary fully paid shares under code WAT. The latest update confirms that a total of 29,025 shares had been repurchased be...
Waterco Cancels Shares Following On-Market Buy-Back
Waterco Limited, traded on the ASX as WAT, is a listed company engaged in the water-related products and services market. Its capital structure comprises ordinary fully paid shares, and the company employs on-market buy-backs as part of its broader c...
Waterco Files Updated Corporate Governance Disclosures with ASX
Waterco Limited has lodged its Appendix 4G with the ASX for the financial year ended 30 June 2026 and directed investors to its updated corporate governance statement hosted on its website. The filing confirms that the board has approved the statemen...
Waterco Touts Safe Water Focus and Sustainability in Annual Report
Waterco Limited highlights its role as a pioneer in reliable solutions for healthy, safe water environments, underscoring its commitment to water quality and safety as a core part of its business. The company also signals a focus on environmental sus...
Waterco sets October 2026 AGM with focus on pay and board stability
Waterco Limited has called its annual general meeting for 23 October 2026 in Rydalmere, NSW, where shareholders will receive the company’s financial statements for the year to 30 June 2026 and review the accompanying directors’ and audit...
Waterco updates ASX on progress of daily on-market share buy-back
Waterco Limited has provided an updated disclosure to the ASX regarding its ongoing on-market share buy-back program for its ordinary fully paid shares. The announcement, dated 1 September 2026, confirms that the buy-back remains active and continues...
Waterco Cancels Shares Following On‑Market Buy‑Back
Waterco Limited has cancelled 5,111 ordinary fully paid shares following an on‑market buy‑back completed on August 31, 2026. The reduction in issued capital marginally consolidates existing shareholders’ equity and signals continued...
Waterco Issues Daily Update on Ongoing Share Buy-Back
Waterco Limited has provided an updated notification to the ASX regarding its ongoing on-market share buy-back program for its ordinary fully paid shares. The latest daily report, dated 31 August 2026, states that a total of 21,585 shares had been re...
Waterco names CFO Nigel Hobler as Joint Company Secretary to bolster ASX governance
Waterco Limited has appointed Chief Financial Officer Nigel Roger Franklin Hobler as Joint Company Secretary, effective immediately, strengthening its governance and ASX communications capability. Hobler, a chartered accountant and former partner at...
Waterco Releases FY2026 Results Presentation With Investment Caveats
Waterco Limited has released a presentation of its FY2026 results, providing shareholders and potential investors with high-level financial and operational information as at 28 August 2026. The company emphasises that the material is summary in natur...
Waterco sets 2026 AGM date and director nomination deadline
Waterco Limited has scheduled its 2026 Annual General Meeting for 23 October 2026, with a formal notice to be sent to shareholders by the end of September. The meeting will include the election of directors, underscoring ongoing board governance and...
Waterco Declares AUD 0.13 Final Dividend for FY2026
Waterco Limited, listed on the ASX under ticker WAT, has declared a dividend on its ordinary fully paid shares, underscoring its continued capacity to distribute profits to investors. The announcement indicates the company’s commitment to share...
Waterco lifts FY26 profit, boosts dividends and launches new buyback
Waterco Limited reported modest revenue growth for the year to 30 June 2026, with sales from continuing operations up 1.7% to $259.3 million, while profit after tax attributable to members rose 61.6% to $15.5 million as margins improved. Underlying E...
Waterco Updates ASX on Ongoing On-Market Share Buy-Back
Waterco Limited has provided an updated notification to the ASX on its ongoing on-market share buy-back program for its ordinary fully paid shares.The company reported that it bought back a total of 16,572 shares prior to the previous trading day and...
Waterco Adds to On-Market Buy-Back With Daily Share Purchases
Waterco Limited has updated the market on its ongoing on-market share buy-back program, confirming a daily buy-back notification as of 18 August 2026. The company reported that a total of 16,474 ordinary fully paid shares had been repurchased before...
Waterco Cancels Shares in On-Market Buy-Back
Waterco Limited has cancelled 13,994 ordinary fully paid shares as part of an on-market share buy-back, according to a notification of cessation of securities lodged with the ASX on 17 August 2026. The reduction in issued capital reflects the company...
Waterco Continues On-Market Share Buy-Back Program
Waterco Limited has issued an updated notification to the ASX confirming the ongoing execution of its on-market share buy-back program for ordinary fully paid shares. The latest daily report shows that 13,994 shares were repurchased on the previous t...
Waterco Trims Share Count Through On‑Market Buy‑Back
Waterco Limited has undertaken a small adjustment to its issued capital, cancelling 2,480 ordinary fully paid shares via an on-market buy-back recorded on 4 August 2026. The move forms part of its ongoing capital management, slightly reducing the num...
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