Veem Share Price and Company Fundamentals



Price
$1.1
Change
0.005 (0.457%)
52 week
0.37 - 1.15

Last traded: Today at 4:38 AM

VEEM Ltd manufactures and sells propulsion and stabilization systems. It offers propellers, centrifugally cast hollow bars, and gyrostabilizers; and manufactures bespoke products and services to the marine, defense, and mining industries. The company was founded in 1968 and is headquartered in Canning Vale, Australia. VEEM Ltd operates as a subsidiary of Veem Corporation Pty Ltd.

Key Metrics

PE ratio

31.43

PB ratio

4.06

Dividend yield

0.64%

Beta

0.41

Market cap

$143M

Enterprise value

$159.84M

Company profile

Primary activitiesHigh technology marine propulsion and stabilisation
Industry / SectorAerospace & Defense / Industrials
Full time employees180
Websitehttp://www.veem.com.au
Mailing address22 Baile Road Canning Vale WA 6155 Australia
Phone / Fax61 8 9455 9355 / 61 8 9455 9333
Share registryCOMPUTERSHARE INVESTOR SERVICES PTY LIMITED

Dividends

More: Veem Dividend history, yield and payout ratio

Dividend yield

0.64%

Dividend amount

$0.01

Payout ratio

12.28%

Veem paid $0.01 dividend and the ex-dividend date was 05 Mar 2021.The dividend payout ratio is 12.28%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.VEE dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

VEE's forward dividend amount is $0.01 and the forward dividend yield is 0.60%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of May 2021, following are the company executives and directors listed on Veem.

NameTitleAgeTotal Pay
Mr. Mark David MiocevichMD & Director415.33k
Mr. David Rich B.Com., F.C.A.CFO & Joint Company Sec.294.63k
Ms. Tracy Pauline Caudwell AssocDipAcct, B.Acct, Cert.Bus.StudJoint Company Sec.

Profitability and management effectiveness

Profit margin

8.82%

Operating margin

8.12%

Return on assets

3.98%

Return on equity

13.69%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Veem is 143M and its enterprise value is 159.84M. The enterprise value to revenue ratio of VEE is 3.08.

The VEE's stocks Beta value is 0.41 making it 59% less volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Companies similar to Veem (VEE)

Veem (ASX:VEE) Frequently Asked Questions

1. What is Veem's Stock Symbol?

Veem trades on ASX under the ticker symbol "VEE".

2. What is Veem's stock price today?

One share of VEE stock can currently be purchased for approximately $1.1.

3. How can I contact Veem?

Veem's mailing address is 22 Baile Road Canning Vale WA 6155 Australia. The company can be reached via phone at 61 8 9455 9355.

4. What is Veem's official website?

The official website of Veem is http://www.veem.com.au.

5. Which share registry manages Veem's stock?

Veem's stock is managed by COMPUTERSHARE INVESTOR SERVICES PTY LIMITED.