Kelsian has completed the sale of its tourism assets for AUD 150 million, or around AUD 135 million after tax and transaction costs. The divestment to Journey Beyond was first agreed in February 2026 but now excludes SeaLink Rottnest, which has been retained to placate the competition regulator.
Government public transport contracts underpin defensive revenue with significant concessions for inflation generally, including for the key inputs of labor and fuel costs.
Competition for government bus contracts is fierce and service offerings largely undifferentiated. Competitors could increase their focus on Kelsian’s key markets.
Metric | KLS | RCL | CCL |
|---|---|---|---|
Price/Earnings (Normalized) | 13.43 | 18.84 | 12.33 |
Price/Book Value | 1.21 | 7.38 | 2.79 |
Price/Sales | 0.48 | 4.55 | 1.47 |
Price/Cash Flow | 5.26 | 12.99 | 6.02 |
Metric | KLS | RCL | CCL |
|---|---|---|---|
Quick Ratio | 0.98 | 0.11 | 0.15 |
Current Ratio | 1.15 | 0.22 | 0.27 |
Interest Coverage | 2.22 | 5.33 | 3.64 |
Metric | KLS | RCL | CCL |
|---|---|---|---|
Return on Assets (Normalized) | 3.11% | 10.85% | 6.34% |
Return on Equity (Normalized) | 8.17% | 44.59% | 25.32% |
Return on Invested Capital (Normalized) | 5.91% | 17.21% | 11.02% |
1-Day Chart | Name | Price | Morningstar Rating for Stocks | Capital Allocation | Economic Moat | Market Cap |
|---|---|---|---|---|---|---|
| Union Pacific Corp UNP | LOCK|G!J%CK | LOCK|<V | $180B | |||
| CSX Corp CSX | LOCK|>xD@L? | LOCK|^s> | $96B | |||
| Canadian Pacific Kansas City Ltd CP | LOCK|CB#dKS | LOCK|Yf% | $82B | |||
| Canadian National Railway Co CNI | LOCK|Q?<!QS | LOCK|H<p | $76B | |||
| Norfolk Southern Corp NSC | LOCK|?sRH>C> | LOCK|$B | $74B | |||
| Westinghouse Air Brake Technologies Corp WAB | — | LOCK|C>C | $50B | |||
| East Japan Railway Co ADR EJPRY | — | LOCK|Q&?Hh | $29B | |||
| East Japan Railway Co EJPRF | — | LOCK|RfzSN | $29B | |||
| Central Japan Railway Co CJPRF | — | LOCK|zNVs | $27B | |||
| Central Japan Railway Co ADR CJPRY | — | LOCK|x#&J | $27B |
United States