Civmec Ltd

  • IPO date:
  • Sector: Industrials
  • GIC Group: Capital Goods
  • Industry: Engineering & Construction
  • Company website

Company description

Civmec Limited, an investment holding company, provides construction and engineering services to the energy, resources, infrastructure, and marine and defense sectors in Australia. The company undertakes fabrication projects, such as structural steel, plate works, tanks, vessels, materials handling equipment, subsea and offshore structures, and pipe spooling services. It also offers modularization services; shipbuilding services; site civil works, including earthworks, reinforcing steel works, formworks, detailed civil works, concrete placement, and backfill and compaction to final handover services; and reinforced concrete products comprising prestressed beams, parapets, structural foundations, caissons, floor slabs and retaining walls, suspended slab sections, purpose-built facilities, and breakwater systems. In addition, the company undertakes structural, mechanical, and piping works consisting of structural assembly and erection, mechanical installations and alignments, piping installation and pre-commissioning support, site welding, equipment, and tank construction; and provides electrical, instrumentation, and control services, such as electrical infrastructure works, including substations, switch rooms, switchyards, and site reticulation, as well as electrical maintenance services. Further, it offers industrial insulation services, including sheet metal and light gauge fabrication, fireproofing, site installation, and processing and forming technology; onshore and offshore maintenance services; and access solutions, such as surface treatment, scaffolds, fabricated platforms, rope access, and tension netting, as well as executes refractory projects. The company was founded in 2009 and is headquartered in Henderson, Australia.

Financial highlights

Market Capitalization$466.8043 million
P/E Ratio8.21
P/E Growth Ratio
Book Value0.833
Dividend Per Share0.05
Earnings Per Share0.13
EBITDA102,983
Profit Margin0.0694
Operating Margin TTM0.1018
Return on Assets TTM0.0705
Return on Equity TTM0.1457
Revenue TTM830,865.984

Income statement highlights

All numbers are in thousands

Date Total Revenue Cost of Revenue Gross Profit Total Operating Expenses
2015-06-30 549,012.081 480,701.376 68,310.705 462,131
2016-06-30 402,668.711 358,525.076 44,143.635 375,995
2017-06-30 351,114.182 313,502.526 37,611.656 333,957
2018-06-30 702,415 664,009 38,406 708,848
2019-06-30 488,511 462,978 25,533 16,687
2020-06-30 391,868 347,217 44,651 16,953
2021-06-30 674,186 599,148 75,038 18,987
2022-06-30 809,295 718,458 90,837 19,775
2023-06-30 830,866 718,379 112,487 746,174

Balance sheet highlights

All numbers are in thousands

Date Cash Total Assets Total Liabilities Short Term Debt Long Term Debt Common Stock
2015-06-30 37,643 256,099 104,333 5,170 37,864
2016-06-30 39,788 258,475 97,778 1,078 16,390 37,864
2017-06-30 24,044 324,576 149,858 96 50,462 37,864
2018-06-30 23,590 463,826 275,658 38,679 56,542 29,807
2019-06-30 40,662 429,735 255,607 8,930 95,444 29,807
2020-06-30 27,712 600,361 337,288 13,109 60,000 29,807
2021-06-30 48,172 636,939 345,071 10,385 60,000 29,807
2022-06-30 40,841 725,662 354,548 38,564 46,000 29,807
2023-06-30 70,381 774,534 353,664 0 48,500 29,807

Cash flow highlights

All numbers are in thousands

Date Net Income Total Cash Change in Cash Begin period cash End period cash Dividends
2015-06-30 39,234.082 49,447.637 5,594.027 3,851.806
2016-06-30 23,392.727 35,446.847 2,176.988 39,788 3,559.299
2017-06-30 8,427 -26,758 -15,744 39,788 24,044 3,507
2018-06-30 18,112 -19,728 657 24,044 23,590 3,450
2019-06-30 8,992 78,861 17,293 23,369 40,662 3,631
2020-06-30 22,766 95,201 -12,950 40,662 27,712 3,729
2021-06-30 50,197 58,263 20,460 27,712 48,172 10,021
2022-06-30 69,983 1,774 -7,331 48,172 40,841 10,037
2023-06-30 82,571 95,240 29,540 40,841 70,381 20,205