NRW HOLDINGS LIMITED (NWH)
Share Price Analysis and Chart

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NWH

NWH - NRW HOLDINGS LIMITED

FNArena Sector : Mining Sector Contracting
Year End: June
GICS Industry Group : Capital Goods
Debt/EBITDA: 1.65
Index: ASX200 | ASX300 | ALL-ORDS

NRW Holdings is an Australian mining and infrastructure services company with operations in several states. The company was founded in 1994 and listed on the ASX in 2007.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$7.25

25 Jun
2026

0.050

OPEN

$7.13

0.69%

HIGH

$7.31

1,023,317

LOW

$7.11

TARGET
$7.50 3.4% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
ALQ . ANG . ARI . C79 . CDA . DNL . DOW . EHL . GNG . IMD . IPG . LBL . LYL . MAD . MAH . MIN . MLG . MND . MSV . MYE . ORI . PRN . RAN . RCR . SGH . SRG . SXE . TEA . VBC . XRF .
FNARENA'S MARKET CONSENSUS FORECASTS
NWH: 1
Title FY25
Actual		 FY26
Actual		 FY27
Forecast		 FY28
Forecast
EPS (cps) xxx 33.4 43.5 xxx
DPS (cps) xxx 23.0 26.5 xxx
EPS Growth xxx 100.0% 30.3% xxx
DPS Growth xxx 39.4% 15.2% xxx
PE Ratio xxx N/A 17.3 xxx
Dividend Yield xxx N/A 3.5% xxx
Div Pay Ratio(%) xxx 68.9% 60.9% xxx

Dividend yield today if purchased 3 years ago: 9.09%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 3.05

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 23/03 - ex-div 8.50c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2026 FactSet UK Limited. All rights reserved
Title 202120222023202420252026
EPS Basic xxxxxxxxxxxxxxx33.4
DPS All xxxxxxxxxxxxxxx23.0
Sales/Revenue xxxxxxxxxxxxxxx4,293.3 M
Book Value Per Share xxxxxxxxxxxxxxx150.1
Net Operating Cash Flow xxxxxxxxxxxxxxx327.3 M
Net Profit Margin xxxxxxxxxxxxxxx3.57 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202120222023202420252026
Return on Capital Employed xxxxxxxxxxxxxxx23.58 %
Return on Invested Capital xxxxxxxxxxxxxxx14.89 %
Return on Assets xxxxxxxxxxxxxxx7.38 %
Return on Equity xxxxxxxxxxxxxxx23.58 %
Return on Total Capital xxxxxxxxxxxxxxx26.05 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx99.8 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 202120222023202420252026
Short-Term Debt xxxxxxxxxxxxxxx122 M
Long Term Debt xxxxxxxxxxxxxxx463 M
Total Debt xxxxxxxxxxxxxxx585 M
Goodwill - Gross xxxxxxxxxxxxxxx311 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx320 M
Price To Book Value xxxxxxxxxxxxxxx4.96

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202120222023202420252026
Capex xxxxxxxxxxxxxxx151.0 M
Capex % of Sales xxxxxxxxxxxxxxx3.52 %
Cost of Goods Sold xxxxxxxxxxxxxxx3,466 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx528 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx9 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.8

No. Of Recommendations

4
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Ord Minnett

xx/xx/xxxx

2

xxxxxxx xx xxxxxxxxxx xxxx xxxx

$xx.xx

xx.xx%

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UBS

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Macquarie

14/05/2026

1

Outperform

$8.10

11.72%

Macquarie adjusts its valuation for NRW Holdings after a strong re-rating in the contractor sector. The valuation remains attractive given the growth outlook and the strategic acquisition of Fredon is performing well, being a key driver of upside risk to consensus forecasts for FY27 and FY28.

Management expects to achieve margin improvement through procurement savings, operating efficiencies and locking in resources for particular clients. Target rises to $8.10 from $6.90 and an Outperform rating is maintained.

FORECAST
Macquarie forecasts a full year FY26 dividend of 20.50 cents and EPS of 38.00 cents.
Macquarie forecasts a full year FY27 dividend of 24.00 cents and EPS of 41.00 cents.

Morgans

xx/xx/xxxx

2

xxxxxxxxxx

$xx.xx

xx.xx%

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EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

2

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Jarden

xx/xx/xxxx

2

xxxxxxxxxx

$xx.xx

xx.xx%

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Moelis

24/02/2026

1

Buy

$6.90

-4.83%

NRW Holdings has upgraded FY26 guidance for EBITA  to a range of $275-285m amid strong first half results that beat Moelis estimates.

The civil segment delivered 6% revenue growth at a 5% EBIT margin, which is expected to improve as underperforming contracts are cycled.

Mining also reported an increase in EBITA of 7.8% with an improved 9% margin. Visibility has improved into FY27 with an increased $7.5bn order book. Buy rating retained. Target rises to $6.90.

FORECAST
Moelis forecasts a full year FY26 dividend of 18.00 cents and EPS of 37.10 cents.
Moelis forecasts a full year FY27 dividend of 18.00 cents and EPS of 39.40 cents.
Access Extra Coverage Research History >

NWH STOCK CHART

FNArena News on NWH

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