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Austal Limited (ASB) Fair Value & Analysis

Industrials · AU · Market cap A$1.7B

AL Austal Limited ASB · AU
PriceA$4.35
Fair ValueA$3.61
Upside-17.0%
Quality95/100
Evidence: High Range A$2.71 – A$4.52

Fair value as of: Jun 24, 2026

From 24 valuation models · updated 5 days ago

Share price −3.3% over the past month.

Price vs Fair Value (12 months)

A$9.27 A$3.99 Fair Value A$3.61 Jun 2025 Jun 2026

12‑month range A$3.99 – A$9.27 · fair‑value band A$2.71 – A$4.52 · the A$4.35 price screens above the A$3.61 fair value. As of Jun 24, 2026.

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Analysis

Austal Limited (ASB) currently trades at A$4.35, while our model-based Fair Value estimate is A$3.61 — implying the stock looks roughly 17.0% overvalued today. We read business quality at 95/100 (high quality), in the Industrials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Over the trailing twelve months, Austal Limited generated revenue of A$2.1B at a net margin of 4.5%. Revenue grew 34.4% year over year. It earns a return on equity of 7.9%. The balance sheet holds a net cash position of A$317M. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) A$2.1B
Revenue growth (YoY) +34.4%
Net margin 4.5%
Return on equity 7.9%
Free cash flow A$211M FY2025
P/E ratio 17.3
More key figures
Operating margin 4.7%
EPS (TTM) A$0.2300
EPS growth (YoY) +2.9%
Net cash A$317M FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

About the company

Austal Limited engages in the design, manufacture, and support of vessels for commercial and defense customers in the United States, Australia, Europe, Asia, and South America. It operates in four segments: USA Shipbuilding, USA Support, Australasia Shipbuilding, and Australasia Support. The company offers vessel construction / shipbuilding revenue includes the design and construction of both defence and commercial vessel platforms; and defence vessels include advanced naval and other defence vessels and commercial vessels including passenger ferries, vehicle passenger ferries, offshore and windfarm vessels, as well as patrol boats for government law enforcement and border protection agencies. It also develops and integrates advanced vessel control and information management systems, including MARINELINK, an integrated monitoring and control system; and motion control systems and interceptors. In addition, the company offers life capability management and vessel support services, in…

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Austal Limited reported revenue of A$1.8B in FY2025 versus A$1.6B in FY2021, a compound +3.8%/yr. Reported net income was A$89.7M in FY2025, compounding +2.6%/yr from FY2021.

Revenue +3.8%/yr
FY21 A$1.6B
FY22 A$1.4B
FY23 A$1.6B
FY24 A$1.5B
FY25 A$1.8B
Net income +2.6%/yr
FY21 A$81.1M
FY22 A$79.6M
FY23 −A$13.8M
FY24 A$14.9M
FY25 A$89.7M

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6 more Aerospace & Defense stocks, each showing price versus our Fair Value estimate (as of Jun 24, 2026).

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RTX Corporation RYTT34 R$155.45 R$83.92 -46%
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Frequently asked questions

Is Austal Limited (ASB) undervalued?
As of Jun 24, 2026, our model estimates a fair value of A$3.61 versus a price of A$4.35 — about −17% (overvalued). Model-based estimate, not financial advice.
What is the fair value of ASB?
Our 21-model fair value for Austal Limited is A$3.61 (as of Jun 24, 2026), built from audited fundamentals. The current price is A$4.35.
What is the quality score of ASB?
Austal Limited has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Austal Limited (ASB)?
Austal Limited reported trailing-twelve-month revenue of about A$2.1B (latest available figure, as of Jun 24, 2026).
What is the net profit margin of ASB?
The net profit margin of Austal Limited is about 4.5%, meaning it keeps roughly 4.5% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.