Professional
Added to YB: 2026-09-09
Pitch date: 2026-09-07
SND.AX [bullish]
Saunders International Limited
+3.14%
current return
Author Info
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Company Info
Saunders International Limited, together with its subsidiaries, provides engineering, construction, and industrial asset services in Australia and the Pacific Region.
Market Cap
AUD 127.0M
Pitch Price
AUD 0.89
Price Target
1.05 (+14%)
Dividend
1.10%
EV/EBITDA
28.77
P/E
-131.88
EV/Sales
0.37
Sector
Construction and Engineering
Category
turnaround
Saunders International - Record revenue, margin recovery in FY27
SND.AX (earnings): Saunders’ record FY26 revenue rose 42.5% to $305.6m, but adjusted EBITDA increased only 5% to $9.8m and margin remained depressed at 3.2%. A 6.8% H2 margin, $572m order book, $5.1b pipeline and higher annuity-style revenue support management’s FY27 revenue-growth and margin-improvement outlook, although execution and pipeline conversion remain key. Valuation is $1.05 per share, implying close to 20% potential total return.
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