Bell Potter says Australia's AMA Group 'valuable' despite short-term revenue concerns; shares rise

Ama

25/09/2026 06:58

** AMA Group AMA.AX shares rise as much as 2% to A$0.505
** On track to log 3% weekly gain, best performance since week ended September 4
** Bell Potter ("buy", cuts PT by 6% to A$0.85) notes reduced repair volumes
** Forecasts revenue growth of 2% in FY27 versus 3% previously estimated 
** Adds, despite downgrades, stock still looks valuable with a FY27 EV/EBITDA multiple of 3.4x, PT "still at a significant premium to the share price"
** "We still expect the company to be free cash flow positive this year" - Bell Potter
** 2 of 3 analysts rate the stock "buy" or higher; their median PT is A$0.92 – LSEG-compiled data
** Stock has lost 37.5% year to date

(Reporting by Rudrannsh Mehra in Bengaluru)
((Rudrannsh.Mehra@thomsonreuters.com))