PE: 22.3x

Elders Limited, navigating through a challenging fiscal landscape with a notable dip in half-year sales to A$1.34 billion from A$1.66 billion year-over-year and a sharp decline in net income to A$11.59 million, recently confirmed its earnings outlook for 2024, targeting an EBIT between A$120 million and A$140 million. Despite these hurdles, insider confidence remains robust as evidenced by recent share purchases, signaling belief in the company’s resilience and growth prospects amidst higher risk funding structures solely reliant on external borrowing.

• Unlock comprehensive insights into our analysis of Elders stock in this valuation report.

• Gain insights into Elders' historical performance by reviewing our past performance report.

NRW Holdings

Simply Wall St Value Rating: ★★★★☆☆

Overview: NRW Holdings is an Australian company specializing in civil construction and mining services with a market capitalization of approximately A$1.2 billion.

Operations: In recent financial periods, the gross profit margin of NRW Holdings has shown variability, with a notable trend towards improvement in the latest figures, reaching 47.41% by the end of 2024. This indicates an increasing efficiency in managing cost of goods sold relative to revenue, which totaled A$2.76 billion at the last reporting date.

PE: 16.3x

NRW Holdings, a lesser-known entity in the Australian market, has demonstrated financial prudence with no customer deposits and relies solely on external borrowing. Forecasted to expand earnings by 13.46% annually, this growth potential is underscored by recent insider confidence; they recently purchased shares, signaling belief in the company's prospects. Such activities suggest NRW might be underpriced relative to its future growth trajectory, making it an intriguing consideration for those eyeing opportunities within smaller enterprises.

• Get an in-depth perspective on NRW Holdings' performance by reading our valuation report here.

• Gain insights into NRW Holdings' past trends and performance with our Past report.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include ASX:APE ASX:ELD and ASX:NWH.

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