Popular Industrial Stocks on ASX- TCL, SYD, BXB and AZJ

Industrial Stocks

The three sectors that constitute the economy of a country are the agricultural sector, the service sector and the industrial sector. The industrial sector is engaged in the manufacturing and construction activities and is divided into two parts- heavy industry and light industry. Generally, this sector renovates raw materials into finished products.

Some examples of industrial sector divisions are-

  • Chemical industry
  • Consumer electronics
  • Industrial equipment
  • Automobile industry
  • Steel production
  • Tobacco industry

Let’s discuss five industrial stocks with their recent updates-

Transurban Group

About the Company:

Transurban Group (ASX: TCL) is the operator, owner and developer of intelligent transport systems and electronic toll roads. The company has a market capitalisation of $40.39 billion as on 3 October 2019.

FY19 Financial Highlights:

  • Average daily traffic (ADT) grew by 2.0%;
  • Underlying cost growth was 2.0%, or 0.7% excluding foreign exchange impact;
  • Proportional earnings before interest, tax, depreciation and amortisation (EBITDA) and before significant items increased by 12.3% to $2,016 million;
  • Free cash flow was worth $1,527 million;
  • Four projects were opened to traffic – New M4 Tunnels, Logan Enhancement Project, Gateway Upgrade North and Inner-City Bypass.

Financial Performance (Source: Company’s Report)

Acquisition of M5 West:

  • M5 West is an existing Transurban asset with a 27-year operating history;
  • There was an acquisition of the remaining 34.62% minority interests in M5 West for $468 million, taking the ownership to 100%;
  • The transaction was immediately free cash flow and value accretive, expected to be free cash flow accretive by approximately 3 cents per security in FY20 inclusive of the equity raising, strengthening distribution free cash coverage;
  • M5 West would form part of the WestConnex M5 concession following the expiry of the current concession on 10 December 2026.

Stock Information:

The stock of TCL was trading at $14.615 on 03 October 2019 at 2:14 PM AEST, down 1.11% from its previous close. Its 52-week high and low is $16.060 and $10.620, respectively, while the total outstanding shares stands at 2.73 billion.

Sydney Airport

About the Company:

Sydney Airport (ASX: SYD) is amongst Australia’s most important infrastructure and notably contributes in the domestic and national economies which generates $38 billion per year in economic activity. The company has a market capitalisation of $18.29 billion as on 3 October 2019.

Changes to the Board and Compliance Committee:

The company recently intimated about a few activities, and changes that would be effective from 27 September 2019:

  • Eleanor Padman resigned as Director of the Responsible Entity;
  • Chris Green resigned as an Alternate Director for Eleanor Padman for the Responsible Entity;
  • Anne Rozenauers appointed as a Director of the Responsible Entity;
  • Michael Vainauskas resigned as member of the Compliance Committee of the Responsible Entity;
  • Simone Mosse appointed as a member of the Compliance Committee of the Responsible Entity.
Traffic Performance in August 2019:
The domestic passengers decreased by 1.3% on a YoY basis during the month of August, to 2.2 million passengers. There was an increase of 2% in international passenger base on a YoY basis and 1.4% on a YTD basis. SYD’s international performance reduced the negative effect of domestic passenger growth. Arrivals from the United States showed a double-digit growth during the month due to good load factors on US routes and increase in Sydney’s attraction.

August Performance (Source: Company’s Report)

Stock Information:

The stock of SYD quoted $7.940 on 03 October 2019 at 2:31 PM AEST, down 1.97% from its previous close. Its 52-week high and low is $8.690 and $6.240, respectively, with 2.26 billion shares outstanding.

Brambles Limited

About the Company:

Brambles Limited (ASX: BXB) is a supply-chain logistics company primarily operating through the CHEP and IFCO brands in over 50 countries. The company has a market capitalisation of $17.84 billion as on 3 October 2019.

Review of FY19 Performance:

  • Sales revenue increased by 7%, driven by strong net new business growth and improved price realisation across the group;
  • The underlying profit increased by 2% as the revenue contribution to profit and supply chain efficiencies more than offset the cost challenges in CHEP Americas;
  • Return on Capital Invested remained strong at 19.5%;
  • The company declared a 30% franked dividend of 14.5 cents, in line with the progressive dividend policy.

Financial Performance in FY19 (Source: Company’s Presentation)

Outlook for FY20:

  • Underlying Profit growth to be in line with sales revenue growth through the cycle, driven by the progressive delivery of operational and capital efficiencies;
  • Sales revenue growth in the mid-single digits, primarily driven by growth with existing customers, ongoing conversion of new customers to pooled solutions and expansion across geographies.

Stock Information: The stock of BXB was trading at $11.065 on 03 October 2019, down 2.51% from its previous close. Its 52-week high and low is $13.470 and $9.820, respectively, with 1.57 billion shares outstanding.

Aurizon Holdings Limited

About the Company: Aurizon Holdings Limited (ASX: AZJ) is an integrated rail transporter of coal from mine to port, for export markets and a heavy haul freight railway operator. The company has a market capitalisation of $11.9 billion as on 3 October 2019.

Aurizon’s Proceedings For Sale of Australian Assets of Genesee And Wyoming:

Recently, Aurizon applied to the Supreme Court of New South Wales demanding damages and declarations that Genesee & Wyoming, Inc. (G&W) breached long-standing contractual rights held by Aurizon concerning G&W’s Australian assets.

The company had released its 2019 full year results, the Financial Highlights of which are depicted below:

Source: Company’s Presentation

Stock Information: The stock of AZJ was trading at $5.855 on 03 October 2019, down 2.09% from its previous close. Its 52-week high and low is $6.110 and $3.900, respectively while the total outstanding shares of the stock stands at 1.99 billion.


This website is a service of Kalkine Media Pty. Ltd. A.C.N. 629 651 672. The website has been prepared for informational purposes only and is not intended to be used as a complete source of information on any particular company. Kalkine Media does not in any way endorse or recommend individuals, products or services that may be discussed on this site. Our publications are NOT a solicitation or recommendation to buy, sell or hold. We are neither licensed nor qualified to provide investment advice.

Join Our Discussion

Start discussion with value Investors for ASX Stock Market Investment and Opinion.

6 Cannabis Stocks under Investor’s Limelight…

Cannabis companies that sell both medicinal weed and recreational pot. Marijuana stocks to look at. Marijuana mergers and acquisitions. Dispensary data analytics. Upcoming marijuana IPO’s Those phrases have become increasingly common as marijuana legalization spreads.

Global spending on legal cannabis is expected to grow 230% to $32 billion in 2020 as compared to $9.5 in 2017, according to Arcview Market Research and BDS Analytics. As of June 29, 2018 the United States Marijuana Index, despite a lot of uncertainty around regulations, has over the past 1 year gained 71.49%, as compared to about 12% gain seen by the S&P 500.

Click here for your FREE Report