UXC Limited (UXC)

Views and News

Essentials


Recent News Highlights

As at 19/02/2012 : see details at www.uxc.com.au   (new window? Shift+Click)

10/02/2012     UXC's Red Rock subsidiary buys Oracle JD Edwards specialist Jireh, leader in NZ, making it a key Oracle partner in the region    
18/01/2012     Share Buy-back continuing Nov 2011 - Jan 2012    
24/11/2011     AGM - Chairman`s Address    


Half-yearly Performance & Estimates - UXC

Year-end June FY11A 1H12A FY12A 1H13A FY13A FY14E FY15E
Sales, $m 521.2 255.9 560.1 274.7 594.3 623.0 661.0
EBITDA, $m 29.5 9.6 34.2 14.5 35.7 42.0 47.3
EBIT, $m 23.7 6.8 28.0 11.0 28.3 34.2 40.6
Report NPAT, $m -12.0 4.8 21.9 8.4 19.7
Adj. NPAT, $m 19.7 24.7 29.1
Reported EPS, ¢ -4.00 2.00 7.00 3.00 6.00
Adjusted EPS, ¢ 6.00 7.80 9.00
EPS %FY/Growth 29% -275% 50% -14% 30% 15%
Dividend, ¢ 0 1.00 3.5 1.75 7.05 5.90 6.70
Franking, % - 100% 100% 100% 100% 100% 100%
EBITDA Margin 6% 0 6% 5% 6% 6.7% 7.2%
NPAT Margin -2% 0 4% 3% 3% 4.0% 4.4%
ROE, % -7% 0 12% 4 10%
EBIT/Interest 3.7 0.0 34.8 -522 64.99
Net Debt / Equity 0.15 0 -0.22 -0.03 -0.13
CashFlow/Sh, ¢ 8.7 -5.6 10.1 -3.1 6.4 9.9 11.4
Y/E Shares, m 305.8 304.9 305.2 308.1 308.9
Notes
Data sourced from IRESS Market Technology Limited. EPS Growth compared with the pcp is shown in most columns, except 1H11A and 1H12A which show the first half % of full year EPS. In a handful of cases, unadjusted share splits may give strange changes in ratios.


Half-year Performance & Estimates - UXC

Year-end June 1H11A FY11A 1H12A FY12A 1H13A FY13E FY14E
Sales, $m 327.4 521.2 255.9 560.1 274.7 620.0 658.0
EBITDA, $m 20.9 29.5 9.6 34.2 14.5 40.8 46.6
EBIT, $m 15.5 23.7 6.8 28.0 11.0 33.8 39.1
Report NPAT, $m -6.3 -12.0 4.8 21.9 8.4
Adj. NPAT, $m 4.8 23.8 27.8
Reported EPS, ¢ -2.00 -4.00 2.00 7.00 3.00
Adjusted EPS, ¢ 1.55 7.70 8.90
EPS %FY/Growth 50% 29% -275% -23% 10% 16%
Dividend, ¢ 0 0 1.00 3.5 1.75 5.40 6.20
Franking, % - - 100% 100% 100% 100% 100%
EBITDA Margin 5% 6% 0 6% 5% 6.6% 7.1%
NPAT Margin -1% -2% 0 4% 3% 3.8% 4.2%
ROE, % 24% -7% 0 12% 4%
EBIT/Interest 82.1 3.7 0.0 34.8 -522
Net Debt / Equity -0.02 0.15 0 -0.22 -0.03
CashFlow/Sh, ¢ -4.3 8.7 -5.6 10.1 -3.1 9.1 11.4
Y/E Shares, m 305.8 305.8 304.9 305.2 308.1
Notes
EPS Growth compared with the pcp is shown in most columns, except 1H10A and 1H11A which show the first half % of full year EPS.


Half-yearly Performance & Estimates - UXC

Year-end June FY10A 1H11A FY11A 1H12A FY12A FY13E FY14E
Sales, $m 678.9 327.4 521.2 255.9 560.1 590.0 621.0
EBITDA, $m 35.9 20.9 29.5 9.6 34.2 37.3 41.2
EBIT, $m 24.0 15.5 23.7 6.8 28.0 31.3 35.2
Report NPAT, $m -7.7 -6.3 -12.0 4.8 21.9
Adj. NPAT, $m 21.9 22.2 25.3
Reported EPS, ¢ -3.00 -2.00 -4.00 2.00 7.00
Adjusted EPS, ¢ 7.00 7.30 8.30
EPS %FY/Growth 50% 33% 29% -275% 4% 14%
Dividend, ¢ 0 0 0 1.00 3.5 4.50 5.00
Franking, % - - - 100% 100% 100% 100%
EBITDA Margin 5% 5% 6% 3.8% 6% 6.3% 6.6%
NPAT Margin -1% -1% -2% 1.9% 4% 3.8% 4.1%
ROE, % -4% 24% -7% 12%
EBIT/Interest 3.1 82.1 3.7 0.00 34.83
Net Debt / Equity 0.20 -0.02 0.15 0 -0.22
CashFlow/Sh, ¢ 9.8 -4.3 8.7 -5.6 10.1 8.7 11.1
Y/E Shares, m 305.8 305.8 305.8 304.9 305.2
Notes
Data sourced from IRESS Market Technology Limited. EPS Growth compared with the pcp is shown in most columns, except 1H11A and 1H12A which show the first half % of full year EPS. In a handful of cases, unadjusted share splits may give strange changes in ratios.


Company Overview


Russell Research in the media


Stock Picks for Sunday Herald Sun – 2 June 2013

HOLD UXC Limited, UXC, $1.01

A proven ICT consultancy and the largest Australian in Oracle, SAP and Microsoft business solutions. Add now after the recent market fall.


Stock Picks for The Bull.com.au -  16 April 2012

Buy:    UXC Limited (UXC)

In 2011, UXC sold its non-core baggage and emerged a debt free and focused IT group. It’s a leader in installing Microsoft, Oracle and SAP software systems for the public and private sectors. Institutions have noticed it winning contracts and have jumped on board. Keep adding.


Stock Picks for Sunday Herald Sun - 15 January 2012

BUY: UXC Limited, UXC, $0.40

UXC underwent major changes last financial year and is now entirely IT focussed with no net debt. Winning contracts, we expect sound growth and yield moving to double digits.


Wave Chart UXCwav.png


                Profile

UXC

Rating:    

Category:    Potent Stock ;      Midcaps

Action:        

Website:    www.uxc.com.au

ASX code: UXC
Closing Price, 30/12/2013: $ 0.980
Market Capitalisation: $ 308 million
52 Week High: $ 1.27
52 Week Low: $ 0.882
Sector: IT Consulting & Other Services
Index: S&P/ASX 300 Index

Summary of Fundamentals

Year-end June FY12A FY13A FY14E FY15E
NPAT, $m 21.9 19.7 21.4 25.7
Reported EPS, ¢ 7.00 6.00
Adjusted EPS, ¢ 6.70 7.00 8.00
EPS Growth, % -275% -4% 4% 14%
P/E Ratio, x 14.00 14.63 14.00 12.25
Dividend, ¢ 3.5 7.05 5.80 6.00
Franking, % 100% 100% 100% 100%
Div. Yield, % 3.57 7.19 5.92 6.12

Notes

Our Adjusted EPS is used for the last year and forward estimates and as basis for EPS Growth and P/E Ratio. We currently use Reported data for all historic NPAT, for the prior year EPS and as base for last year EPS growth.
Data & Chart sourced from IRESS Market Technology Ltd.

One Year Chart

As at 30 December 2013 UXC.png

Other Highlights

Sector: IT Consulting & Other Services
Return on Equity, FY13 : 10%
Net Debt to Equity, FY13 : -13 %
EBIT / Interest Cover, FY13 : 64.99 x
Gicscode: 45102010
First Listed: 19-Feb-97

Business Activities

UXC Limited (UXC) is now purely a specialist ICT business solutions provider, having divested other activities. It provides business solutions and services to medium and large entities in the private and public sectors.



Glossary:

      "A Core Stock" - reliable long-term yield & growth
     "We like it" - a seasoned performer, growth & yield
     "A tough scout" - creating a potential breakthrough
     "A steady performer" - giving reliable yield or growth
  Best Stocks   Portfolio of selected attractive investments
  Potential   Stocks that may have good improvement prospects
  Speculative   More risky usually smaller stocks with spec. upside
  Midcaps    In RR Midcap Index, $ 70m to 1,500m market cap.
  Large Stocks   Larger Stocks upwards of $ 1,500m market cap





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