Global Construction Services Ltd. is an Australian construction and maintenance services company, that offers a diverse range of integrated products, services and solutions covering the infrastructure, energy, oil and gas, resources and industrial, commercial, and residential sectors. It offers scaffolding, formwork, material hoists, temporary site accommodation, chemical toilets, general plant hire and temporary fencing, together with related labor services. The company operates through three segments: Commercial, Residential, Resource, Industrial and Oil and Gas. The Commercial segment consists of supplying a range of products and services to customers involved in the construction or maintenance of commercial and mixed-use developments. These typically include office towers, high-rise apartments, shopping centers, hotels, car parks, recreational buildings, and hospitals. The Residential segment consist of supplying a range of products and services to customers involved in the construction or maintenance of single and multi-story residential developments. These typically include houses, townhouses, units, and apartments. The Resource, Industrial and Oil and Gas segment consist of supplying a range of products and services to customers involved in either construction or maintenance of the following types of projects: Oil and gas, energy, major infrastructure, mining, power generation, water treatment plants, decommissioning, shutdowns, and civil works. Global Construction Services was founded by Vincenzo Daniele Gullotti in July 2003 and is headquartered in Redcliffe, Australia.
Market Price at 22-11-2017
Price to Earnings Ratio
Return on Equity (ROE)
Blog posts that reference Global Construction Services:
It’s the last week of reporting season, and the upsets keep emerging. Regional airline Regional Express (REX) has held Skaffold’s second highest A2 Score for 5 of the past 10 years. REX has fallen to A3. So has Seymour Whyte. Other companies to update in Skaffold include Silver Lake Resources (SLR), Saracen Mineral Holdings (SAR), AV Jennings (AVJ), Corporate Travel Management (CTD), Global Construction Services (GCS), Harvey Norman (HVN), Challenger (CGF) and Perpetual (PPT).
In late 2010 Money magazine’s Editor-in-Chief Pam Walkley and Editor Effie Zahos asked the team at Skaffold to identify 50 top-quality stocks that were below their true worth. Including capital growth and dividends, an equally weighted portfolio invested across the fifty stocks has returned 12.8% in 12 months. Had you invested only in the 28 stocks that were forecast to offer growth AND yield, your return would be 20.0%. $50,000 invested equally across the Top 5 has returned 18.6%. Skaffold’s Top 50 stocks for 2013 will be published in the February edition of Money magazine, on sale Wednesday 6 February 2013.
The biggest news this week is Harvey Norman’s decline from A3 to A4.
The company reported earnings that were 6 cents lower that the 2011 results. Return on equity also fell and debt increased to $779m, equating to a Net Debt / Equity ratio of 26%. In 2011 HVN’s Reported Net Profit After Taxes was $252.255m. This year reported NPAT fell to $172.411m.
HVN’s intrinsic value has been on a downward trend since 2006. Can management reignite HVN?