AVEPY Aveng Ltd featured news, full reports, and detailed charts
Aveng Ltd (AVEPY/AVEPY.PK) Wrap Up:
Aveng Limited, through its subsidiaries, engages in the construction, and steel and allied businesses worldwide. Its construction business offers engineering and project management services to mining and energy sector; and opencast mining services to mining, energy, and heavy infrastructure markets. The company?s construction projects include power stations, pipelines, mining contracting, casinos, shopping malls, property development, roads, dams, harbors, and a range of other commercial and industrial installations. It also provides engineering, construction, and maintenance services, such as civil and marine, mechanical, electrical, pipeline, and tunnelling and underground services. Aveng?s steel and allied operations comprise the supply of shaped blanks to the motor industry, various steel and concrete products to the mining industry, steel to the manufacturing sector, and a range of structural and concrete reinforcing steel and other products to the construction industry, as well as rail sleepers and maintenance services for rail infrastructure. The company, formerly known as Anglovaal Engineering, was incorporated in 1944 and is based in Morningside, South Africa.Aveng Ltd (AVEPY:OTC)
|
Market Cap
206.1B
|
Total Revenue
33.8B
|
|
|
EBITDA
3.0B
|
DILUTED EPS TTM
4.87
|
|
|
P/E
824.8x
|
P/S
46.1x
|
|
|
Return On Asset
5.81
|
Return On Equity
19.56
|
|
| K = Thousands M = Millions B = Billions | ||
AVEPY Top Compensated Officers
Executives, Board Directors
Key developments for Aveng Ltd (AVEPY)
Aveng Ltd’s CEO Roger Jardine had a two-year order book of ZAR 30.4 billion and would, going forward, target further opportunities worth about ZAR 100-billion. The company would also be open to potential acquisitions, as it had a strong balance sheet and unencumbered cash of ZAR 2.4 billion.
Aveng Ltd. provided earnings guidance for the full year ended June 2009. Headline earnings per share for the full year to June will drop between 20% and 25%, citing a fall in the price and demand of steel. Earnings had also been affected by the payment of a special dividend, return of cash to shareholders and share buyback programme.
Aveng Ltd. reported earnings results for the six months ended December 2008. For the period, the company's revenue increased by 30% to ZAR 17.8 billion compared to revenue of ZAR 13.7 billion for the six months to December 2007. Operating profit rose by 39% to ZAR 1.4 billion compared to operating profit of ZAR 1 billion for the same period a year ago. Net profit attributable to ordinary shareholders was up by more than half, to ZAR 952 million compared to net profit attributable to ordinary shareholders of ZAR 633 million for the same period a year ago. In addition, headline earnings grew by 43% to 244.4 cents per share compared to 171.4 cents per share for the same period a year ago.
AVEPY Competitors
| Company | Last | Change | |
| No competitor information is available for AVEPY. | |||
| Market data is delayed at least 20 minutes. | |||
Industry Analysis
| Valuation | AVEPY | Industry Range |
| Price/Earnings | 100.0x |
|
| Price/Sales | 46.1x |
|
| Price/Book | 146.5x |
|
| Price/Cash Flow | 523.0x |
|
| TEV/Sales | 46.9x |
|
|
AVEPY |
||
AVEPY transactions
| Type Date |
Target |
|
Buyback
October 23, 2009 |
-- |