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ARB Corp Ltd ARB Stock Quote

Morningstar Rating
| Rating as of

XASX: ARB

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Market Open

| Currency in AUD

  • Last Close 33.20
  • Sector Consumer Cyclical
  • Industry Auto Parts
  • Investment Style Mid Growth
  • Day Range 32.34  –  32.81
  • Year Range 25.21  –  34.64
  • Market Cap 2.6781 Bil
  • Volume / Avg 63,715.0 /  163,495.6
  • Price / Sales 4.05
  • Price / Book 4.49
  • Forward Div Yield 2.25%
  • Trailing Div Yield 1.38%

Morningstar‘s Stock Analysis ARB

Valuation
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Is it the right time to buy or sell?
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1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

ARB Earnings: Brand Equity Outside Australia Is Harder To Come By

Angus Hewitt Equity Analyst

Analyst Note

| Angus Hewitt |

Shares in ARB continue to screen as expensive following the release of worse-than-expected fiscal 2023 results. Net profit after tax, or NPAT, fell 28% on fiscal 2022 to AUD 88 million—10% below our forecast. While the 3% top-line decline was broadly as expected, the sharply higher cost base weighed on profitability more than we anticipated. We expect margin pressure to persist into next year and lower our fiscal 2024 NPAT forecast by 4% to AUD 102 million. Nevertheless, the reduction in our near-term earnings forecasts is broadly offset by the time value of money, and we maintain our AUD 24.50 fair value estimate.

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Key Statistics ARB

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Company Profile ARB

Business Description

ARB Corporation designs, manufactures, and distributes four-wheel-drive and light commercial vehicle accessories. The firm has carved a niche with aftermarket accessories including bull bars, suspension systems, differentials, and lighting. ARB operates manufacturing plants in Australia and Thailand; sales and distribution centres across several countries. The Australian division, which generates the vast majority of group earnings, distributes through the ARB store network, ARB stockists, new vehicle dealers, and fleet operators.

Contact
42-44 Garden Street, Kilsyth
Melbourne, VIC, 3137, AUS
Sector Consumer Cyclical
Industry Auto Parts
Employees 863

Related Articles ARB

Stock Strategist

ARB’s Profit Margins Are Normalising

What do we expect from new vehicle sales?
Angus Hewitt

Competitors & Peers ARB

More on ARB’s Competitors & Peers

Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of ARB’s competitive advantage.

ARB Corp Ltd

XASX: ARB

Genuine Parts Co

XNYS: GPC

GUD Holdings Ltd

XASX: GUD

Bapcor Ltd

XASX: BAP
Price
32.62145.6411.986.86
Currency
AUDUSDAUDAUD
Change
−$0.58 (1.75%) −$3.62 (2.43%) −$0.11 (0.91%) −$0.09 (1.22%)
Market Cap
2.68 Bil20.45 Bil1.69 Bil2.32 Bil
Industry
Auto Parts Specialty Retail Auto Parts Specialty Retail
Sector
Consumer Cyclical
Consumer Cyclical
Consumer Cyclical
Consumer Cyclical

* Trading data in this section is delayed by at least 15 minutes.

FAQs for ARB Corp Ltd Stock

Yes. ARB has a forward dividend yield of 1.81%. See ARB’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

ARB’s market cap is 2.68 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

ARB’s stock style is Mid Growth.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

ARB’s price/sales is 4.05.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

ARB’s price/forward earnings is 30.77.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

ARB’s price/book is 4.49.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See ARB’s valuation ratios compared to the Market Index.

ARB’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare ARB’s historical performance against its industry peers and the overall market.