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AHL.AX

STRONG BUYREMOVE

Adrad Holdings Limited · Industrials · Australia · $83M · Avg Vol: $42K/d

94
StockRank
Q
57
V
61
M
72
P/E (TTM)
17.5x
ROE
4.7%
D/E
0.3x
Dividend %
2.5%
AI CONVICTION THESIS

Adrad Holdings is an Australian manufacturer of radiators and heat exchangers. It is a micro-cap industrial business lacking the scale, moat, and structural macro alignment required for our concentrated portfolio.

COMPANY DESCRIPTION

Adrad Holdings Limited designs, manufactures, and imports industrial cooling solutions and heat exchangers, alongside distributing automotive aftermarket parts. The company holds a dominant market position in Australia's heavy transport, mining, and power generation cooling sectors, supported by proprietary design capabilities. It is a vertically integrated industrial manufacturer with a highly diversified customer base across critical infrastructure sectors.

FINANCIAL SUMMARY (USD)

Year202320242025CAGR
Revenue98.8M100.0M107.3M4.2%
EPS0.060.050.05-9.4%
Shares80.7M81.3M81.3M+0.8%
Debt34.2M34.2M29.0M-8.0%
Equity81.8M84.6M88.4M3.9%
Op CF
Inv CF-2.7M-3.7M-2.8M
Fin CF5.3M-5.3M-5.3M
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PRICE (1Y)+18.7%
0.860.910.951.001.05May 12Jun 2Jun 23
SMA 50SMA 200
Close
$1.05
RSI (14)
72.9
52W High
$1.05
From 52W High
1.0%

SCORE BREAKDOWN

Quality
57
ROIC
5.1%32.3
ROE
4.7%30.9
GP/Assets
46.1%91.4
Op. Margin
6.0%41.9
FCF/Assets
3.2%54.1
Piotroski
560.7
Int. Cover
50.0x86.7
D/E Ratio
0.33x55.5
Current Ratio
3.67x88.2
Value
61
P/E (TTM)
17.5x57.0
EV/EBITDA
10.7x56.3
P/FCF
29.3x51.1
P/B
0.9x79.9
P/S
0.7x71.7
Div Yield
2.5%57.2
Momentum
72
52W High %
99%85.2
RS 6M
54%90.1
SMA 50/200
1.28x89.1
EPS Rev 4W
+8.8%92.9
EPS Rev 12W
N/A
EPS Improve
+30%39.2
Q Growth
-8%32.3

FUNDAMENTALS

Market Cap
$83M
P/E (Forward)
13.5x
Gross Margin
52.2%

SECTOR PEERS

Closest peers in Industrials, ranked by industry match, size, and score similarity. Cross-listings of AHL.AX are excluded.

TickerCompanyMkt CapStockRankSignal
AHL.AXAdrad Holdings Limited(you)$83M94STRONG BUY
IPG.AXIPD Group Limited$445M94STRONG BUY
EDE.AXEden Innovations Ltd$60M13STRONG SELL
FWD.AXFleetwood Limited$90M91STRONG BUY
BOL.AXBoom Logistics Limited$56M93STRONG BUY
CLX.AXCTI Logistics Limited$125M96STRONG BUY
EVZ.AXEVZ Limited$60M89STRONG BUY
KOV.AXKorvest Ltd$178M98STRONG BUY
LAU.AXLindsay Australia Limited$151M85STRONG BUY
SND.AXSaunders International Limited$105M77BUY

Peer medians: ROE 9.4% · P/E 23.7x · Gross margin 34.7%

Adrad Holdings Limited (AHL.AX) — Stock Score Summary

Adrad Holdings Limited (AHL.AX) has a MoatMap StockRank of 94/100 based on Quality (57/100), Value (61/100), and Momentum (72/100) factor scores. The current signal is STRONG BUY. Adrad Holdings is an Australian manufacturer of radiators and heat exchangers. It is a micro-cap industrial business lacking the scale, moat, and structural macro alignment required for our concentrated portfolio.

Adrad Holdings Limited designs, manufactures, and imports industrial cooling solutions and heat exchangers, alongside distributing automotive aftermarket parts. The company holds a dominant market position in Australia's heavy transport, mining, and power generation cooling sectors, supported by proprietary design capabilities. It is a vertically integrated industrial manufacturer with a highly diversified customer base across critical infrastructure sectors.

Key Financial Metrics

Price$1.05
Market Cap$83M
P/E (TTM)17.50
P/E (Forward)13.46
Price/Book0.89
Return on Equity4.7%
Return on Invested Capital5.1%
Debt/Equity32.98
Gross Margin52.2%
Operating Margin6.0%
Revenue Growth0.6%
Dividend Yield2.5%
Free Cash Flow$3M

Adrad Holdings Limited operates in the Specialty Industrial Machinery industry, part of the Industrials sector (Australia).

Frequently Asked Questions

What is Adrad Holdings Limited’s (AHL.AX) StockRank?
MoatMap’s StockRank for Adrad Holdings Limited (AHL.AX) is 94/100, with a Strong Buy signal. It is a composite of Quality (57), Value (61), and Momentum (72) factor ranks across MoatMap’s 20,000+ stock universe.
Does Adrad Holdings Limited have an economic moat?
Adrad Holdings Limited (AHL.AX) has a Quality factor score of 57/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Adrad Holdings Limited a buy, hold, or sell?
MoatMap’s current signal for Adrad Holdings Limited (AHL.AX) is Strong Buy, based on a StockRank of 94/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.
What sector is Adrad Holdings Limited in?
Adrad Holdings Limited (AHL.AX) operates in the Industrials sector, specifically the Specialty Industrial Machinery industry (Australia).