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NRW Holdings Ltd

Company price
6.09 AUD -0.21 ( 3.33%)
Last update at 2026-11-06T06:08:00Z
VOLUME
1384945
Market Cap
2906.86M
P/E
19.09

Momentum Score

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NRW Holdings Limited, through its subsidiaries, provides diversified contract services to the resources and infrastructure sectors in Australia. It operates through four segments: Civil; Mining; Minerals, Energy & Technologies (MET); and Electrical, Mechanical (HVAC), Infrastructure & Technology (EMIT). The company delivers private and public civil infrastructure projects, mine development, bulk earthworks, and commercial and residential subdivisions; and civil construction projects, including roads, bridges, tailings storage facilities, rail formations, ports, renewable energy projects, water infrastructure, and concrete installations; and provides mine management, contract mining, load and haul, drill and blast, maintenance services, and fabrication of water and service vehicles. It is also involved in the provision of design, construction, operation, and maintenance of resource projects in mineral processing, energy, and NPI market segments under the Primo name; materials handling design services under the RCR name; shutdown and onsite maintenance, industrial engineering, and construction services under the DIAB name; and industrial electrical engineering, automation, instrumentation, and electrical design and construction, as well as switchboard design and manufacture for mining and resources, government and defence, fuels and explosives, infrastructure, utilities, and industrial processing under the OFI name. In addition, the company offers electrical and mechanical services comprising engineering and design, off-site prefabrication, management of large installation of projects, asset management, maintenance, and building services integration. Further, it engages in the provision of heat treatment services; and mining equipment solutions. NRW Holdings Limited was founded in 1994 and is headquartered in Perth, Australia.

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Day Price Range
6.00
Low
6.16
High
52 Week Price Range
4.58
Low
8.28
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

NRW Holdings is an Australian engineering and construction contractor providing mining, earthworks, civil infrastructure and mine services to resources and infrastructure clients. Long-term growth may be supported by demand for contract mining and processing tied to commodity development and government infrastructure spending, and the company appears positioned to benefit from its multi-service capability and scale in Australia.

Major risks are sensitivity to commodity cycles and mining activity, tight margins from competitive tendering, project execution and safety issues, and potential liquidity strain in downturns.

Risk Score
Medium

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
6.30
Dividend Yield
3.63%
Revenue TTM
4296.65M
Revenue Per Share
9.36
Gross Profit TTM
2161.98M
Debt / Equity
0.85
ROE
23.60%
Net Debt
265.83M
ROCE
22.13%
Diluted EPS TTM
0.33

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Type yearly yearly yearly yearly yearly
Date 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Income before tax 217.39M 32.05M 142.81M 124.92M 136.25M
Minority interest -0.11M - - - -
Net income 153.28M 27.67M 105.10M 85.64M 97.41M
Selling general administrative 1648.20M 1127.69M 1035.44M 931.41M 795.06M
Selling and marketing expenses - - 751.53M - -
Gross profit 827.27M 1797.34M 1396.46M 1491.81M 1277.86M
Reconciled depreciation 215.08M 190.59M 145.55M 128.42M 120.59M
Ebit 299.08M 60.28M 161.18M 138.34M 144.85M
Ebitda 514.16M 250.87M 306.73M 266.76M 265.44M
Depreciation and amortization 215.08M 190.59M 145.55M 128.42M 120.59M
Operating income 299.08M 53.29M 133.10M 136.58M 115.69M
Other operating expenses 3994.19M 3214.40M 2551.99M 2524.98M 2228.60M
Interest expense 34.47M 31.59M 21.45M 15.42M 9.86M
Tax provision 63.99M 4.38M 37.71M 39.28M 38.83M
Interest income 6.81M 5.38M 3.13M 15.27M 0.38M
Net interest income -27.66M -26.20M -18.32M -17.16M -12.88M
Income tax expense 63.99M 4.38M 37.71M 39.28M 38.83M
Total revenue 4293.27M 3267.69M 2913.01M 2667.06M 2377.73M
Total operating expenses 528.19M 1744.05M 1035.44M 1355.23M 1151.88M
Cost of revenue 3466.00M 1470.35M 1516.55M 1175.26M 1099.87M
Total other income expense net -81.69M -21.24M 9.71M 5.51M 23.14M
Net income from continuing ops 153.39M 27.67M 105.10M 85.64M 97.41M
Net income applicable to common shares - 27.67M 105.10M 85.64M 97.41M
Breakdown 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Type yearly yearly yearly yearly yearly
Date 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Total assets 2344.11M 1701.08M 1654.10M 1489.92M 1428.85M
Intangible assets 122.65M 40.94M 37.28M 42.79M 40.80M
Other current assets 33.99M 29.53M 25.96M 25.14M 22.45M
Total liab 1654.18M 1091.06M 1001.55M 879.80M 830.55M
Total stockholder equity 689.82M 610.01M 652.56M 610.12M 598.30M
Other current liab 397.13M - 286.32M 311.87M 321.75M
Common stock 383.42M - 383.42M 383.42M 383.42M
Capital stock 383.42M 383.42M 383.42M 383.42M 383.42M
Retained earnings 274.14M 203.34M 248.64M 209.23M 200.60M
Other liab - - - 99.19M 71.23M
Good will 310.94M 170.32M 170.32M 170.32M 168.47M
Cash 319.67M 265.74M 246.65M 227.58M 219.34M
Cash and equivalents - - - 227.58M 219.34M
Total current liabilities 992.73M 754.84M 614.71M 561.93M 556.10M
Current deferred revenue 129.24M - 1.17M -93.24M -82.70M
Net debt 265.83M 98.43M 78.81M 84.34M 66.58M
Short term debt 122.48M - 93.66M 93.24M 82.70M
Short long term debt 100.44M 97.80M 78.00M 78.90M 69.44M
Short long term debt total 585.50M - 325.46M 311.92M 285.92M
Other stockholder equity - - - -592.64M -576.81M
Property plant equipment - - - 535.90M 467.98M
Total current assets 1115.61M 837.50M 806.81M 713.98M 729.25M
Long term investments 8.89M 7.03M 4.36M 26.93M 22.35M
Net tangible assets - - - 397.01M 389.03M
Net receivables 629.71M 126.97M 430.28M 363.96M 417.51M
Long term debt 399.12M 266.37M 201.81M 29.38M 163.72M
Inventory 132.23M 136.75M 103.93M 97.30M 69.94M
Accounts payable 343.88M 266.85M 233.56M 250.06M 234.35M
Accumulated other comprehensive income 32.27M - 20.50M 17.48M 14.28M
Non currrent assets other - - 37.28M -775.94M -699.60M
Non current assets total 1228.50M 863.58M 847.29M 775.94M 699.60M
Capital lease obligations 85.94M 46.95M 45.65M 51.50M 52.76M
Long term debt total - - - 218.68M 203.22M
Breakdown 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Type yearly yearly yearly yearly yearly
Date 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Investments -0.08M -226.30M -152.28M -180.57M -3.32M
Change to liabilities - - - 29.61M 90.12M
Total cashflows from investing activities -300.33M -226.30M -152.28M -180.57M -124.75M
Net borrowings 134.71M 84.36M 19.39M 11.54M -43.36M
Total cash from financing activities 27.49M -6.34M -62.12M -58.26M -90.52M
Change to operating activities - - - -12.82M -8.25M
Net income 153.28M 27.67M 105.10M 85.64M 90.20M
Change in cash 53.92M 19.10M 19.07M 8.24M 72.79M
Begin period cash flow 265.74M 246.65M 227.58M 219.34M 146.55M
End period cash flow 319.67M 265.74M 246.65M 227.58M 219.34M
Total cash from operating activities 327.26M 251.47M 233.53M 246.99M 288.00M
Depreciation 215.08M - 145.55M 127.76M 120.24M
Other cashflows from investing activities - -3.59M 6.33M 6.72M 82.61M
Dividends paid 82.48M -72.98M -65.68M -69.80M -47.16M
Change to inventory 4.80M -20.36M -6.63M -26.99M -12.89M
Change to account receivables -84.06M 25.68M -65.83M 44.69M 9.55M
Other cashflows from financing activities -24.74M -17.73M -15.83M 89.02M 95.90M
Change to netincome - - - -1.69M -0.50M
Capital expenditures 144.96M 154.43M 194.83M 187.30M 206.35M
Change in working capital -57.02M 88.60M -15.90M 17.70M -3.34M
Stock based compensation - - 3.09M 3.12M 2.86M
Other non cash items 8.83M 162.87M -1.21M 33.60M 77.55M
Free cash flow 182.30M 97.05M 38.70M 59.70M 81.65M

Peer Comparison*

Sector: Industrials Industry: Conglomerates

Stock Name
Change
(AUD)
Price
(AUD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
NWH
NRW Holdings Ltd
-0.21
3.33%
6.09 19.09 14.18 0.68 4.23 0.74 6.89
SGH
SGH Ltd
-0.02
0.05%
42.46 26.39 18.21 1.63 3.29 2.07 12.90
IFT
Infratil Ltd
-0.18
1.69%
10.49 44.46 35.34 3.06 1.66 6.78 17.02
XRF
XRF Scientific Ltd
-0.03
1.42%
2.08 29.71 22.99 4.67 4.51 4.56 16.98
AAL
Alfabs Australia Ltd
0.06
33.33%
0.24 20.00 - 0.54 0.93 0.94 5.75

Profile*

NRW Holdings Ltd

NRW Holdings Limited, through its subsidiaries, provides diversified contract services to the resources and infrastructure sectors in Australia. It operates through four segments: Civil; Mining; Minerals, Energy & Technologies (MET); and Electrical, Mechanical (HVAC), Infrastructure & Technology (EMIT). The company delivers private and public civil infrastructure projects, mine development, bulk earthworks, and commercial and residential subdivisions; and civil construction projects, including roads, bridges, tailings storage facilities, rail formations, ports, renewable energy projects, water infrastructure, and concrete installations; and provides mine management, contract mining, load and haul, drill and blast, maintenance services, and fabrication of water and service vehicles. It is also involved in the provision of design, construction, operation, and maintenance of resource projects in mineral processing, energy, and NPI market segments under the Primo name; materials handling design services under the RCR name; shutdown and onsite maintenance, industrial engineering, and construction services under the DIAB name; and industrial electrical engineering, automation, instrumentation, and electrical design and construction, as well as switchboard design and manufacture for mining and resources, government and defence, fuels and explosives, infrastructure, utilities, and industrial processing under the OFI name. In addition, the company offers electrical and mechanical services comprising engineering and design, off-site prefabrication, management of large installation of projects, asset management, maintenance, and building services integration. Further, it engages in the provision of heat treatment services; and mining equipment solutions. NRW Holdings Limited was founded in 1994 and is headquartered in Perth, Australia.

219 St Georges Terrace, Perth, WA, Australia, 6000

61 8 9232 4200

13300

Name Title Year Born
Mr. Julian Alexander Pemberton CEO, MD & Exec. Director NA
Mr. Brett McIntosh Exec. Gen. Mang. of Health, Safety & Environment NA
Mr. Kim Hyman Company Sec. NA
Mr. Geoff Caton Exec. Gen. Mang. of Golding NA
Mr. Glen Payne Exec. Gen. Mang. of DIAB Engineering NA
Mr. Andrew Broad Exec. Gen. Mang. of Action Drill & Blast NA
Mr. Cameron David Henry Exec. Gen. Mang. of Primero Group NA
Mr. Brendan Dorricott Exec. Gen. Mang. ? RCR Mining Technologies and Heat Treatment NA
Mr. Richard Francis Simons B.Com Chief Financial Officer NA
Mr. P. Miguel Mang. of Project Plant & Equipment NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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