Price
Market Cap
Sector
Industrials
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 26 | 29 | 29 | 29 | 29 | 29 | 29 | 29 |
| Reserves | 187 | 197 | 214 | 158 | 168 | 187 | 195 | 201 |
| Borrowings | 50 | 28 | 38 | 30 | 56 | 64 | 64 | 55 |
| Other Liabilities | 80 | 82 | 83 | 90 | 94 | 81 | 71 | 89 |
| Total Liabilities | 343 | 336 | 364 | 307 | 347 | 361 | 359 | 374 |
| AssetsFixed Assets | 114 | 111 | 143 | 139 | 167 | 142 | 143 | 139 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 228 | 225 | 221 | 168 | 180 | 218 | 216 | 234 |
| Total Assets | 343 | 336 | 364 | 307 | 347 | 361 | 359 | 374 |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 20 | 20 | 27 | 41 | -43 | 20 | 20 | 1 |
| Cash from Investing | -7 | -9 | 0 | -29 | 64 | -36 | 2 | -2 |
| Cash from Financing | -14 | -12 | -27 | -11 | -20 | 17 | 1 | -15 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | 13 | 14 | 25 | 14 | -50 | -17 | 30 | -7 |
| FCF Margin | — | — | — | — | — | — | — | — |
This looks cyclical, and we don't have enough quarters to establish a through-cycle earnings base. Valuing it off the current point in the cycle would be misleading.
TEXMOPIPES · CYCLICAL_UNMODELABLE
Guides on how to read this kind of business and the numbers that matter.