SXE ASX: Southern Cross Electrical Engineering Shares & More

Are you a finance buff looking for a way to access information about SXE ASX, better known as the Southern Cross Electrical Engineering company’s stocks and shares? We have compiled all of the recent developments that SXE has seen in the past year on our list. Share prices, revenue trajectory, losses, investors: all you want to know, curated for you in one place by us! Read on to find out more.

What to expect from SXE ASX shares

 As the stock market is always undergoing fluctuations, there is no certainty about much. However, from our research we infer certain things that will prove helpful. Especially so if you are considering investing in SXE ASX.

About the SXE ASX

Southern Cross Electrical Engineering (SCEE) is an Australian-based company that is involved in electrical, instrumentation, communication, and maintenance services. Formed in 1978, SCEE has developed a solid reputation for quality services with regard to the infrastructure, resources, and commercial industries. It is headquartered in Perth, Western Australia, while extending its services throughout Australia and internationally.

SCEE’s successful ventures

The services offered by SCEE vary from electrical system design and construction to maintenance and optimization. Its focal industries include mining, oil and gas, renewable energy, telecommunications, and public infrastructure. It has hence become successful with comprehensive solutions fitted to clients’ needs. 

During the years, SCEE has taken part in huge projects dealing with infrastructures that were important both in mining and huge commercial installations.

SXE ASX Values

The company strongly emphasizes that the mentioned core values, safety, quality, and sustainability, will help projects meet the most stringent standards set by the industries. 

With these principles, SCEE has been able to enjoy a fruitful, long-term relationship with its clients and partners, which have enabled it to foster growth and innovation in the company.

 By allowing for the continuing growth in demand for specialized electrical engineering services within a variety of market sectors, SCEE shall have readied itself for grasping newer and better opportunities through its experienced workforce and strategic focus.

ASX: What is it, and what does it do?

Australian Securities Exchange Ltd (ASX) is a public company incorporated in Australia.

The ASX was formed on 1 April 1987, incorporated under legislation of the Australian Parliament, as an amalgamation of the six state securities exchanges and merged with the Sydney Futures Exchange in 2006.

Today, ASX’s average daily turnover is A$4.685 billion, with a market capitalization of about $1.6 trillion, ranking ASX among the top 20 exchange groups in the world.

SXE ASX: Overview

SXE offers electrical, instrumentation, communication, and maintenance services in Australia.

Benefits of SXE ASX

1. Trading at 20.2% below our estimate of its fair value.
2. SXE earnings are forecast to grow 12.79% per year.
3. Earnings have grown 13.9% per year over the past 5 years.

Risk analysis of SXE ASX

Has a pretty unstable dividend track record.

More statistics for SXE ASX

Return vs Industry: 

1. SXE outperformed the Australian Construction industry, which returned 8.8% over the past year.
2. Compared to the Australian market at 12.4%, SXE has returned more.
3. The price volatility is low.
4. SXE has been relatively stable in terms of price volatility for 3 months.
5. SXE’s weekly volatility has been stable over the past one year at 6%.

What is price volatility?

Volatility refers to the degree of deviation or fluctuation in the price of a financial instrument over some period. It’s a measure showing how much the price of an underlying deviates from its recent average. High volatility means wide dispersion in price swings, while low volatility indicates that price movements show relatively more stability over time. This is an important way to determine the quality of stocks.

Shareholder returns for SXE ASX

Shareholders are an important group of people for any company. If the shareholders are satisfied, it can be inferred that the company is operating smoothly. Shareholder returns for SXE are as follows within the last one financial year:

SXE ASX Historical Price to Earnings Ratio:

This is a reflection of how much investors are willing to pay for the SXE ASX stock in relation to its earnings. A high ratio shows that investors are willing to pay more money to invest in the SXE stock.

In the past year, this is the trend of SXE ASX. As is evident, the ratio has gotten thicker. With time, SXE has continued to garner trusting investors to support by contributing with the shares of the company.

SXE ASX earnings and revenue growth forecasts

Every decent company grows in due time. Be it in revenue, or in expansion of territory. SXE is no exception. There has been a positive growth. Experts predict even better outcomes for the company in the coming year. This means that there will undoubtedly be better SXE ASX earnings in the future. Here is a comprehensive table that illustrates these facts:

Further predictions of the SXE ASX

There are positives and negatives in all operations. The market is a living, fluctuating, and ever-changing arena. Business is always a gamble. Therefore, one should be aware of the facts, pros and cons included, and be vigilant. For SXE value 2024, here is an analysis and a few predictions regarding future prospects:

The good news about SXE ASX

1. Earnings vs Savings Rate: SXE’s forecast earnings growth (12.8% per year) is above the savings rate (2.4%).
2. Revenue vs Market SXE’s revenue (9.1% per year) is forecast to grow faster than the Australian market (5.4% per year).
3. Debt Coverage: SXE has no debt, so by that point, operating cash flow should not need to cover the debt.
4. Interest Coverage: SXE has no debt, so coverage of interest payments is not a concern.
5. Earnings Trend: SXE’s earnings have grown by 13.9% per year over the past 5 years.

The negatives about SXE ASX

1. Earnings vs Market SXE’s earnings (12.8% per year) are forecast to grow slower than the Australian market (13.7% per year).
2. High Growth Earnings: SXE’s earnings are forecast to grow, but not significantly.
3. High Growth Revenue: SXE’s revenue is forecast to grow slower than 20% per year (9.1% per year)
4. Acceleration of growth:  The rate of SXE’s earnings for the last twelve months is 9.1%, evidently below the general and reliable upward trend of the last 5 years, which was 13.9% yearly.
5. Earning vs Industry: The growth in earnings for the latest year by SXE (9.1%), compared to the growth in earnings in the Construction industry (32.2%)

SXE ASX dividend history 2023

1. The dividend yield of SXE is 3.1%
2. The Payout ratio is 72%

While SXE’s Dividend payments have been rather volatile in the past 10 years, they have also grown considerably. SXE ASX dividend is therefore favorable. These are key factors you need to keep in mind whilst considering investing in SXE ASX. Stocks are wildly unpredictable in this regard.

Conclusion

So, what should your best course of action be when it comes to investing in SXE ASX? There is no simple answer to that question. However, with steady, in-depth research, you can easily analyze past trends. This can make understanding the company’s current standing in the market incredibly clear.

As a potential investor, one should be ready to put in the effort before investing. After all, the stock market is a highly volatile entity. Owning a share in big corporations may sound enticing. There are certainly perks to that. However, there is much that needs to be scrutinized before buying shares.

SXE value 2024 proves to be a profitable venture by any means. Investors should check our insights on the profitability of SXE ASX, and then decide where to go further. Be wise, invest smart, always!

FAQs

What does SXE stand for?

Answer: SXE is an acronym for Southern Cross Electrical Engineering.

What is SXE famous for?

Answer: SXE is an Australian-based company that is involved in electrical, instrumentation, communication, and maintenance services.

Can people buy shares in the SXE ASX?

Answer: Yes! With our comprehensive guide to SXE shares, anyone can consider investing.

Which country does SXE originate from?

Answer: SXE is an Australian company.

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