VEEM logo

VEE - VEEM Share Price

A$0.89 -0.1  -6.3%

Last Trade - 1:43am

Sector
Industrials
Size
Small Cap
Market Cap £68.6m
Enterprise Value £78.3m
Revenue £28.8m
Position in Universe 760th / 1855
Bullish
Bearish
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Momentum
Relative Strength (%)
1m +10.9%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -17.4%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 30th Jun 2015 2016 2017 2018 2019 2020 2021E 2022E CAGR / Avg
38.5 41.4 38.1 40.7 45.0 44.4 +2.9%
-24.6 +22.8 +10.9 -50.0 -6.9 -49.6
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the six months ended 31 December 2020, VEEM Ltdrevenues increased 36% to A$28.4M. Net income increasedfrom A$893K to A$3M. Revenues reflect Revenue - over timeincrease of 39% to A$25.7M, Revenue - point time increaseof 8% to A$2.7M, Scrap metal increase from A$5K to A$11K.Net income benefited from Advertising and marketing expensedecrease of 68% to A$117K (expense), Other expenses -Balancing value decrease of 34% to A$242K (expense).
Health Trend(F-Score)
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Safe
Earnings Manipulation Risk(M-Score)
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Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Latest News & Insights for VEE
Graphical History

Revenue

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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

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Analyst Forecasts
Price Target:
( below Price)
31st Dec 2021
31st Dec 2022
Est. Long Term Growth Rate: Net Profit
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Consensus Estimate
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Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
VEE EPS Forecasts Unlock VEE Revenue
Profile Summary

Veem Limited is a marine technology company. The Company is engaged in the manufacturing of propellers and industrial products and the provision of engineering services. The Company specializes in propulsion and stabilization systems. It also manufactures products and services for the marine, defense and mining industries. Its business units include VEEM Propellers, VEEM Gyro, Timcast, VEEM 24-7 and VEEM Defence. VEEM Propellers offers commercial and recreational fixed pitch propeller technology. VEEM Gyro is a ship roll stabilizing technology that uses gyrostabilizers with control technology. Timcast is a range of centrifugally cast bi-metal pipes. VEEM 24/7 provides a range of manufactured products and repair services to a range of customers within the Western Australian mining industry. VEEM Defence provides manufacturing and service work for the Australian Defense Force and key defense force contractors.

Directors
Last Annual June 30th, 2020
Last Interim December 31st, 2020
Incorporated November 25, 1980
Public Since October 26, 2016
No. of Shareholders: n/a
No. of Employees: n/a
Sector Industrials
Industry Machinery, Equipment & Components
Index
Exchange Australian Stock Exchange - SEATS
Shares in Issue 130,000,000
Free Float (0.0%)
Eligible for
ISAs
SIPPs
VEE Share Price Performance
Share Price
Bid - Ask
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Latest News for VEE
Upcoming Events for VEE
Frequently Asked Questions for VEEM
What is the VEEM share price?

As of 1:43am, shares in VEEM are trading at A$0.89, giving the company a market capitalisation of £68.6m. This share price information is delayed by 15 minutes.

How has the VEEM share price performed this year?

Shares in VEEM are currently trading at A$0.89 and the price has moved by 90% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the VEEM price has moved by 58.68% over the past year.

What are the analyst and broker recommendations for VEEM?

There are no analysts currently covering VEEM.

When will VEEM next release its financial results?

VEEM is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-12-31
What is the VEEM dividend yield?

The VEEM dividend yield is 0.69% based on the trailing twelve month period.

Does VEEM pay a dividend?

Last year, VEEM paid a total dividend of 0.01, and it currently has a trailing dividend yield of 0.69%. Looking ahead, VEEM has not announced an ex-dividend date yet and the next dividend pay date is 2021-04-19.

When does VEEM next pay dividends?

VEEM has yet to annouce their ex-dividend date and the next dividend pay date is 2021-04-19. The historic dividend yield on VEEM shares is currently 0.69%.

How do I buy VEEM shares?

To buy shares in VEEM you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of VEEM?

Shares in VEEM are currently trading at A$0.89, giving the company a market capitalisation of £68.6m.

Where are VEEM shares listed? Where are VEEM shares listed?

Here are the trading details for VEEM:

Country of listing: Australia
Exchange: ASX
Ticker Symbol: VEE
What kind of share is VEEM?

Based on an overall assessment of its quality, value and momentum, VEEM is currently classified as a Super Stock. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a VEEM share price forecast 2021?

We were not able to load any forecast data for VEEM.

How can I tell whether the VEEM share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like VEEM. Over the past six months, the relative strength of its shares against the market has been 77.55%. At the current price of A$0.89, shares in VEEM are trading at 61.35% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the VEEM PE Ratio?

The VEEM PE ratio based on its reported earnings over the past 12 months is 54.19. The shares are currently trading at A$0.89.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of VEEM?

VEEM's management team is headed by:

John Miocevich - NED
Mark Miocevich - MDR
Ian Barsden - NED
Peter Torre - NID
Michael Bailey - NID
Tracy Caudwell - SEC
David Rich - CFO
Who are the major shareholders of VEEM?

Here are the top five shareholders of VEEM based on the size of their shareholding:

VEEM Corporation Pty. Ltd. Corporation
Percentage owned: 61.54% (80.0m shares)
Perennial Value Management Ltd. Investment Advisor
Percentage owned: 13.12% (17.0m shares)
Celeste Funds Management Limited Investment Advisor
Percentage owned: 5% (6.50m shares)
Sigma Funds Management Pty. Ltd. Investment Advisor
Percentage owned: 0.5% (654k shares)
Anacacia Pty. Ltd. Corporation
Percentage owned: 0.46% (600k shares)
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