Australian Workers Get a Final Boost to Their Retirement Savings
Employers will now be required to pay the equivalent of 12% of workers' wages — the last scheduled increase to a number that's steadily climbed since the current superannuation system was created in the early 1990s. Back then, employers contributed the equivalent of 3% of wages.
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an hour ago
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Do Monadelphous Group's (ASX:MND) Earnings Warrant Your Attention?
The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even companies that have no revenue, no profit, and a record of falling short, can manage to find investors. But as Peter Lynch said in One Up On Wall Street, 'Long shots almost never pay off.' Loss-making companies are always racing against time to reach financial sustainability, so investors in these companies may be taking on more risk than they should. Despite being in the age of tech-stock blue-sky investing, many investors still adopt a more traditional strategy; buying shares in profitable companies like Monadelphous Group (ASX:MND). While profit isn't the sole metric that should be considered when investing, it's worth recognising businesses that can consistently produce it. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. How Quickly Is Monadelphous Group Increasing Earnings Per Share? The market is a voting machine in the short term, but a weighing machine in the long term, so you'd expect share price to follow earnings per share (EPS) outcomes eventually. That means EPS growth is considered a real positive by most successful long-term investors. Over the last three years, Monadelphous Group has grown EPS by 16% per year. That's a pretty good rate, if the company can sustain it. Careful consideration of revenue growth and earnings before interest and taxation (EBIT) margins can help inform a view on the sustainability of the recent profit growth. EBIT margins for Monadelphous Group remained fairly unchanged over the last year, however the company should be pleased to report its revenue growth for the period of 11% to AU$2.0b. That's encouraging news for the company! In the chart below, you can see how the company has grown earnings and revenue, over time. For finer detail, click on the image. See our latest analysis for Monadelphous Group In investing, as in life, the future matters more than the past. So why not check out this free interactive visualization of Monadelphous Group's forecast profits? Are Monadelphous Group Insiders Aligned With All Shareholders? It's said that there's no smoke without fire. For investors, insider buying is often the smoke that indicates which stocks could set the market alight. This view is based on the possibility that stock purchases signal bullishness on behalf of the buyer. Of course, we can never be sure what insiders are thinking, we can only judge their actions. We note that Monadelphous Group insiders spent AU$158k on stock, over the last year; in contrast, we didn't see any selling. That's nice to see, because it suggests insiders are optimistic. We also note that it was the MD & Director, Zoran Bebic, who made the biggest single acquisition, paying AU$118k for shares at about AU$11.80 each. On top of the insider buying, it's good to see that Monadelphous Group insiders have a valuable investment in the business. Holding AU$78m worth of stock in the company is no laughing matter and insiders will be committed in delivering the best outcomes for shareholders. This would indicate that the goals of shareholders and management are one and the same. While insiders are apparently happy to hold and accumulate shares, that is just part of the big picture. That's because Monadelphous Group's CEO, Zoran Bebic, is paid at a relatively modest level when compared to other CEOs for companies of this size. The median total compensation for CEOs of companies similar in size to Monadelphous Group, with market caps between AU$1.5b and AU$4.9b, is around AU$2.0m. Monadelphous Group offered total compensation worth AU$1.6m to its CEO in the year to June 2024. That is actually below the median for CEO's of similarly sized companies. CEO compensation is hardly the most important aspect of a company to consider, but when it's reasonable, that gives a little more confidence that leadership are looking out for shareholder interests. It can also be a sign of good governance, more generally. Should You Add Monadelphous Group To Your Watchlist? As previously touched on, Monadelphous Group is a growing business, which is encouraging. On top of that, we've seen insiders buying shares even though they already own plenty. These factors alone make the company an interesting prospect for your watchlist, as well as continuing research. Even so, be aware that Monadelphous Group is showing 1 warning sign in our investment analysis , you should know about... There are plenty of other companies that have insiders buying up shares. So if you like the sound of Monadelphous Group, you'll probably love this curated collection of companies in AU that have an attractive valuation alongside insider buying in the last three months. Please note the insider transactions discussed in this article refer to reportable transactions in the relevant jurisdiction. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
2 hours ago
- Yahoo
Major warning after Aussie receives random $350 payment in her bank account
A cybersecurity expert has warned Australians to be wary of money that unexpectedly arrives into their bank accounts. This is what happened to Molly Smith, who was confused when she saw $350 pop into her account recently. The money came from a woman named Phoebe, who said in the description that it was for a wedding. This immediately rang alarm bells for the South Australian content creator, who told Yahoo Finance that something seemed off. "My first thought was that it was a job I had completed, and my payment had come through. But I'm pretty on top of my finances and knew that figure wasn't expected," she said. RELATED Tradie loses $449,000 in an instant after missing key detail The top 10 highest salaries in Australia paying up to $700,000 Rare 5 cent coin worth 25,000 times its value due to 'double headed' detail The 35-year-old tried to find this mysterious Phoebe on social media, even though she didn't have the woman's full name. But then she discovered an email in her spam folder from her that explained the money was meant to be sent to a makeup artist. "The grammar was a tad off, which didn't help the situation. I also tried to call her twice, with no success. Went straight to voicemail," Smith mum decided to wait it out and see if her bank would just take the money back. However, this happened over the weekend, and Smith worried the bank would take several days to potentially process the refund while someone needed the cash. But she then received a message from the makeup artist, who had the same name as her. The artist explained the whole situation and said the reason why Phoebe suddenly went missing was because she got married. That was enough for Smith to transfer the money back herself. Random bank transfers can be a scam While it seemed everything worked out in this situation, Simon Smith said you should be very wary if this happens to you. The Australian cybersecurity expert told Yahoo Finance this has all the hallmarks of what's called a "recall scam". "This works by the scammer depositing funds into the victim's bank account, then contacting the victim claiming it was an accident or a payment intended for someone else," Smith said. "The scammer pressures the victim to manually transfer the money back. "In reality, the money was sent by another scam victim who was instructed by the scammer to deposit funds into your account. "Several weeks later, that real victim initiates a bank recall on their payment. This results in your account being debited for the same funds you already sent to the scammer, causing a double loss." He explained that random deposits into your account, while not always nefarious, typically "mark the early signs of sophisticated scams". Scammers also have a way of tripping up a bank's security system that's designed to stop these types of scams. "Often scammers pay into a bank account a small amount to establish a false trading relationship with their victim," he said. "This falsely makes the bank think that they are a known party. Then when the victim is instructed to send much higher amounts back to an account under various scam scenarios, this false trust allows those payments to go through without triggering bank fraud systems." What should you do if you get a random bank transfer? Smith said you should do nothing if you receive money into your account from an unknown person or entity. You should only act once you've received proper advice and a qualified expert opinion. "The correct course is to notify your bank and request that they handle any necessary return through official channels," he told Yahoo Finance. "Any manual repayment can expose you to irretrievable financial loss." Even though Molly transferred the money manually, she agreed with the security expert. "Despite what people think on TikTok, I did reach out to my bank," she said. "It was the weekend, so I couldn't call them, but I did get answers via their online chat room. "Scammers are way too clever these days. You can never trust anyone. I've heard of way too many stories of this happening. I didn't want this happening to me."Error in retrieving data Sign in to access your portfolio Error in retrieving data
Yahoo
2 hours ago
- Yahoo
Po Valley Energy (ASX:PVE) Is Investing Its Capital With Increasing Efficiency
There are a few key trends to look for if we want to identify the next multi-bagger. In a perfect world, we'd like to see a company investing more capital into its business and ideally the returns earned from that capital are also increasing. Basically this means that a company has profitable initiatives that it can continue to reinvest in, which is a trait of a compounding machine. So when we looked at the ROCE trend of Po Valley Energy (ASX:PVE) we really liked what we saw. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. Return On Capital Employed (ROCE): What Is It? For those that aren't sure what ROCE is, it measures the amount of pre-tax profits a company can generate from the capital employed in its business. To calculate this metric for Po Valley Energy, this is the formula: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.20 = €3.4m ÷ (€18m - €1.2m) (Based on the trailing twelve months to December 2024). Therefore, Po Valley Energy has an ROCE of 20%. That's a fantastic return and not only that, it outpaces the average of 6.5% earned by companies in a similar industry. View our latest analysis for Po Valley Energy Above you can see how the current ROCE for Po Valley Energy compares to its prior returns on capital, but there's only so much you can tell from the past. If you'd like to see what analysts are forecasting going forward, you should check out our free analyst report for Po Valley Energy . So How Is Po Valley Energy's ROCE Trending? The fact that Po Valley Energy is now generating some pre-tax profits from its prior investments is very encouraging. The company was generating losses five years ago, but now it's earning 20% which is a sight for sore eyes. In addition to that, Po Valley Energy is employing 148% more capital than previously which is expected of a company that's trying to break into profitability. This can indicate that there's plenty of opportunities to invest capital internally and at ever higher rates, both common traits of a multi-bagger. One more thing to note, Po Valley Energy has decreased current liabilities to 6.4% of total assets over this period, which effectively reduces the amount of funding from suppliers or short-term creditors. Therefore we can rest assured that the growth in ROCE is a result of the business' fundamental improvements, rather than a cooking class featuring this company's books. In Conclusion... In summary, it's great to see that Po Valley Energy has managed to break into profitability and is continuing to reinvest in its business. Since the stock has returned a solid 50% to shareholders over the last five years, it's fair to say investors are beginning to recognize these changes. So given the stock has proven it has promising trends, it's worth researching the company further to see if these trends are likely to persist. If you want to continue researching Po Valley Energy, you might be interested to know about the 1 warning sign that our analysis has discovered. If you want to search for more stocks that have been earning high returns, check out this free list of stocks with solid balance sheets that are also earning high returns on equity. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
