WebFeb 28, 2024 · Fitch Ratings - Sydney - 28 Feb 2024: Fitch Ratings has affirmed Australia-based Emeco Holdings Limited's Long-Term Issuer Default Rating at 'B+'. The Outlook … WebFeb 22, 2024 · The company's EBITDA/Sales ratio is relatively high and results in high margins before depreciation, amortization and taxes. Its low valuation, with P/E ratio at 10.28 and 5.22 for the ongoing fiscal year and 2024 respectively, makes the stock pretty attractive with regard to earnings multiples.
Fitch Upgrades Emeco to BB- - Emeco Holdings Limited (ASX:EHL)
WebApr 5, 2024 · In the last half, Emeco announced revenue of $429.5m, up 15% from $372.8m in the pcp and operating EBITDA of $113.5m, down 7% in the pcp. The company has guided the market to a full year EBITDA of $245m – $260m for the full year of FY23. WebMar 3, 2024 · Fitch Ratings - Sydney - 03 Mar 2024: Fitch Ratings has upgraded Australia-based Emeco Holdings Limited's Long-Term Issuer Default Rating (IDR) to 'B+' from 'B'. The Outlook is Stable. The upgrade reflects Fitch's view that Emeco's business profile has improved following its acquisition of Pit N Portal and its successful integration of Force ... highest boiling point bonds
EMECO HOLDINGS LIMITED : EHL Stock Price AU000000EHL7
WebAug 15, 2024 · Emeco reported Fitch-adjusted revenue of AUD171 million in 1H18 (1H17: AUD74 million) and EBITDA of AUD61 million (1H17: AUD28 million), following a recovery in its operating utilisation to 61% during the third quarter of the financial year ending June 2024 (FY18), from 56% in 3QFY17, and a higher rental yield, which should continue rising over ... WebFurther, Fitch believes that Emeco is well-positioned to benefit from rising demand for minerals amid the green energy transition, which will support ongoing demand, particularly as the company increases its exposure in Western Australia. Improved Revenue Visibility: Emeco's revenue visibility has benefited from rising service revenue, customer ... WebNov 30, 2024 · Emeco Holdings Limited (ASX:EHL) signed a binding agreement to acquire Force Equipment Pty Ltd for an enterprise value of AUD 69.8 million on October 31, 2024. The enterprise value is pre-adjustments for surplus working capital and other customary purchase price adjustments. highest bond rates canada