Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
FWD.AX
Strong BuyFull HouseREMOVEFleetwood Limited · Industrials · Australia · $188M · Avg Vol: $534K/d
Despite recent dividend declarations, the company is in a restructuring phase involving exiting the RV market and closing manufacturing sites. We avoid turnarounds and companies facing structural decline in business units.
COMPANY DESCRIPTION
Fleetwood Limited is a diversified Australian industrial company specializing in modular accommodation solutions, social housing, and recreational vehicle manufacturing. The company holds a strong market position as a leading provider of modular buildings and a significant supplier of caravan and RV components across Australia. Its integrated approach serves both the construction and leisure vehicle sectors, leveraging manufacturing scale and distribution networks.
FINANCIAL SUMMARY (AUD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2027E | 2028E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 445.1M | 409.3M | 416.4M | 503.1M | 4.2% | 474.2M | 479.2M | 469.2M | -2.3% |
| EPS (AUD) | -0.50 | 0.02 | 0.04 | 0.16 | 165.4% | 0.03 | 0.19 | 0.16 | 0.9% |
| Shares | 94.2M | 94.3M | 94.1M | 92.3M | -2.0% | 90.1M | — | — | — |
| Debt | 27.2M | 25.3M | 18.7M | 17.3M | -14.1% | 13.6M | — | — | — |
| Equity | 163.5M | 165.6M | 165.2M | 165.8M | 0.5% | — | — | — | — |
| Op CF | 15.3M | 5.5M | 17.8M | 42.5M | 40.8% | 49.2M | — | — | — |
| Inv CF | -7.0M | -6.7M | -12.2M | -6.4M | — | — | — | — | — |
| Fin CF | -10.6M | -7.4M | -12.9M | -24.5M | — | — | — | — | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Industrials, ranked by industry match, size, and score similarity. Cross-listings of FWD.AX are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| FWD.AX | Fleetwood Limited(you) | $188M | 96 | Strong Buy |
| SHA.AX | SHAPE Australia Corporation Limited | $437M | 97 | Strong Buy |
| EVZ.AX | EVZ Limited | $55M | 94 | Strong Buy |
| ACF.AX | Acrow Limited | $281M | 77 | Buy |
| LYL.AX | Lycopodium Limited | $633M | 89 | Strong Buy |
| VYS.AX | Vysarn Limited | $465M | 77 | Buy |
| SSM.AX | Service Stream Limited | $1.1B | 93 | Strong Buy |
| CVL.AX | Civmec Limited | $679M | 84 | Strong Buy |
| SYL.AX | Symal Group Limited | $507M | 77 | Buy |
| DUR.AX | Duratec Limited | $379M | 71 | Buy |
Peer medians: ROE 10.3% · P/E 19.7x · Gross margin 36.0%