An interesting engineering & construction contractor to Australias mining and energy sector. History of decent margin, quality ROCnROE.
DESCRIPTION
GR Engineering Services Ltd. [GNG.ASX] FY: 2010 to 2018
GR Engineering is worth a closer look.
It is in a strong financial position, has a history of good and stable margin, high returns on equity and capital.
The market has a history of mispricing this one. Times when there are too much optimism, times when selling for liquidating prices.
In pass couple of years, its net operating cash flow has been negative. Possibly due to legal and contractual issue with one of its former client.
This profile does not contain any additional commentary or research from me.
Though DangInvestors unique approach and metrics, together with useful hints and tips in the interpretation of financial statements should prove useful in your analysis.
Check out our quite awesome Price | Value dashboards and asking price implications to help put the current asking price into both GRs historical market pricing context as well as the expected growth and value expectation.
Also useful when compare to industry peers such as the recently collapsed RCR Tomlinson.
From the financial analysis to the valuation scenarios... we simplified and structured.
From researcher's notes to commentaries... our Live, indepdendent, verifiable tools and metrics.
INTELLIGENT INVESTING. CASE BY CASE.
Don't hesitate to contact us with any issue, concern, question, feedback.
If you need a similar system for your team, integrating with various existing business systems, datafeed, work processes... Let us know.
We have extensive experience developing and integrating enterprise business systems for some of Australia's largest publicly listed corporations and government departments.
Check Our Progress