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Vulcan Steel Limited (VSL.NZ)

NZD6.00 +0.06 (+1.01%)
NZ NZE Basic Materials Steel
Address 29 Neales Road 2013
Auckland, NZ
CEO Gavin William Street B.Comp
Website vulcan.co
IPO 2021-11-03
ISIN AU0000181984

Explore sections of this company profile

Also trades on Australian Securities Exchange · VSL.AX (AUD) New Zealand Exchange · VSL.NZ (NZD)
Description

Vulcan Steel Limited, along with its associated entities, operates as a significant supplier and distributor of steel and various metal products across New Zealand and Australia. The company's business activities are clearly divided into its Steel and Metals segments. Its comprehensive product offering includes structural hollow sections; general merchant products such as bars, beams, angles, channels, and unprocessed coils and plates; a diverse range of stainless steel items like hollows, bars, fittings, and sheets; and specialized, high-performance steel and metal commodities. Furthermore, Vulcan Steel provides a suite of processing services, including cutting, drilling, tapping, countersinking, and plate folding, alongside sheeting and slitting. Incorporated in 1995, Vulcan Steel Limited is headquartered in Auckland, New Zealand.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
NZD6.00 +0.06 (+1.01%)
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Volume Profile
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Liquidity & share structure
Average Volume
106.0K
Beta
1.04
Float Shares
134.78M
Free Float %
92.0%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-0.45% -0.90% +5.40% -15.95% -17.00% -20.00% -3.35% -19.90% -11.47% -11.47% -11.47%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
6.00
DCF (Unlevered) 11.58 +93.0%
DCF (Levered) 12.97 +116.2%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 100% Bullish
Rating 2026-05 Change
Strong Buy 1 0
Buy 0 0
Hold 0 -1
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
3.55
Safe zone
Piotroski F-Score
4 / 9
Average
MOAT Score
3 / 10
No MOAT
Composite Rating
B-
Overall Score
3 / 5
Medium
DCF Score
5 / 5
High
ROE Score
3 / 5
Medium
ROA Score
4 / 5
High
D/E Score
1 / 5
Low
P/E Score
1 / 5
Low
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • Revenue growth Steel: +1.2%
    -10.9% Q4'25: -1.8% (vs Q4'23)
  • EPS growth Steel: +17.4%
    -60.0% Q4'25: -69.9% (vs Q4'23)
  • FCF margin FCF growth · Steel: +44.2%
    +10.4% Q4'25: +4.5% (vs Q4'23)
  • EBIT margin Steel: +5.8%
    +4.3% Q4'25: +5.4% (vs Q4'23)
  • ROIC Steel: +4.3%
    +4.1% Q4'25: +7.1% (vs Q4'23)
  • Share dilution Steel: +0.0%
    +1.3% Q4'25: +8.2% (vs Q4'23)
  • Debt / EBITDA Net debt/EBITDA · Steel: 0.57×
    4.36× Q4'25: 3.95× (vs Q4'23)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (1.02) × ERP
WACC = 62% × Ke + 38% × Kd (6.6%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 11.58 Current price: 6.00
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Jun 2022
actual
Jun 2023
actual
Jun 2024
actual
Jun 2025
actual
Jun 2026
6 Rev. Ana.
1 EPS Ana.
Jun 2027
6 Rev. Ana.
1 EPS Ana.
Jun 2028
2 Rev. Ana.
1 EPS Ana.
Jun 2029
4 Rev. Ana.
1 EPS Ana.
Revenue
968.40M
est: 967.06M (+0.1%)
1.24B
est: 1.21B (+2.9%)
1.06B
est: 1.05B (+1.0%)
948.15M
est: 960.69M (-1.3%)
1.10B
1.09B – 1.12B
+14.5% YoY
1.25B
1.20B – 1.29B
+13.5% YoY
1.35B
1.32B – 1.38B
+8.0% YoY
1.47B
1.44B – 1.51B
+9.4% YoY
EBITDA
232.75M
est: 159.68M (+45.8%)
207.40M
est: 199.69M (+3.9%)
116.97M
est: 174.06M (-32.8%)
124.87M
est: 158.63M (-21.3%)
181.64M
179.50M – 184.28M
+14.5% YoY
206.13M
198.87M – 212.28M
+13.5% YoY
222.55M
217.15M – 227.59M
+8.0% YoY
243.38M
237.48M – 248.90M
+9.4% YoY
EBIT
204.37M
est: 118.68M (+72.2%)
162.42M
est: 148.42M (+9.4%)
98.99M
est: 129.37M (-23.5%)
40.71M
est: 117.90M (-65.5%)
135.00M
133.41M – 136.96M
+14.5% YoY
153.21M
147.81M – 157.78M
+13.5% YoY
165.41M
161.40M – 169.16M
+8.0% YoY
180.89M
176.51M – 184.99M
+9.4% YoY
Net Income
123.98M
est: 139.74M (-11.3%)
87.90M
est: 88.79M (-1.0%)
39.99M
est: 40.72M (-1.8%)
15.73M
est: 17.10M (-8.0%)
25.82M
25.01M – 26.58M
+51.0% YoY
55.93M
54.17M – 57.58M
+116.6% YoY
76.99M
74.56M – 79.26M
+37.7% YoY
113.80M
110.21M – 117.15M
+47.8% YoY
SGA
118.90M
est: 135.79M (-12.4%)
179.95M
est: 169.81M (+6.0%)
179.61M
est: 148.02M (+21.3%)
183.10M
est: 134.89M (+35.7%)
154.46M
152.65M – 156.71M
+14.5% YoY
175.29M
169.12M – 180.52M
+13.5% YoY
189.26M
184.67M – 193.55M
+8.0% YoY
206.97M
201.95M – 211.66M
+9.4% YoY
EPS
1.08
est: 1.05 (+2.9%)
0.66
est: 0.67 (-1.1%)
0.30
est: 0.31 (-1.9%)
0.12
est: 0.13 (-6.6%)
0.19
0.19 – 0.20
+51.0% YoY
0.42
0.41 – 0.43
+116.6% YoY
0.58
0.56 – 0.60
+37.7% YoY
0.86
0.83 – 0.88
+47.8% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 B- 3/5 5/5 3/5 4/5 1/5 1/5 1/5
2026-05-28 B- 3/5 5/5 3/5 4/5 1/5 1/5 1/5
2026-05-27 B- 3/5 5/5 3/5 4/5 1/5 1/5 1/5
2026-05-26 B- 3/5 5/5 3/5 4/5 1/5 1/5 1/5
2026-05-25 B- 3/5 5/5 3/5 4/5 1/5 1/5 1/5
2026-05-22 B 3/5 5/5 3/5 4/5 1/5 1/5 2/5
2026-05-21 B 3/5 5/5 3/5 4/5 1/5 1/5 2/5
2026-05-20 B 3/5 5/5 3/5 4/5 1/5 1/5 2/5
2026-05-19 B 3/5 5/5 3/5 4/5 1/5 1/5 2/5
2026-05-18 B 3/5 5/5 3/5 4/5 1/5 1/5 2/5
2026-05-15 B 3/5 5/5 3/5 4/5 1/5 1/5 2/5
2026-05-14 B 3/5 5/5 3/5 4/5 1/5 1/5 2/5
2026-05-13 B 3/5 5/5 3/5 4/5 1/5 1/5 2/5
2026-05-12 B 3/5 5/5 3/5 4/5 1/5 1/5 2/5
2026-05-11 B 3/5 5/5 3/5 4/5 1/5 1/5 2/5
2026-05-08 B 3/5 5/5 3/5 4/5 1/5 1/5 2/5
2026-05-07 B 3/5 5/5 3/5 4/5 1/5 1/5 2/5
2026-05-06 B 3/5 5/5 3/5 4/5 1/5 1/5 2/5
2026-05-05 B 3/5 5/5 3/5 4/5 1/5 1/5 2/5
2026-05-04 B 3/5 5/5 3/5 4/5 1/5 1/5 2/5
2026-05-01 B 3/5 5/5 3/5 4/5 1/5 1/5 2/5
2026-04-30 B 3/5 5/5 3/5 4/5 1/5 1/5 2/5
2026-04-29 B 3/5 5/5 3/5 5/5 1/5 1/5 2/5
2026-04-28 B 3/5 5/5 3/5 5/5 1/5 1/5 2/5
2026-04-24 B 3/5 5/5 3/5 5/5 1/5 1/5 2/5
2026-04-23 B 3/5 5/5 3/5 5/5 1/5 1/5 2/5
2026-04-22 B 3/5 5/5 3/5 5/5 1/5 1/5 2/5
2026-04-21 B 3/5 5/5 3/5 5/5 1/5 1/5 2/5
2026-04-20 B 3/5 5/5 3/5 5/5 1/5 1/5 2/5
2026-04-17 B 3/5 5/5 3/5 5/5 1/5 1/5 2/5
2026-04-16 B 3/5 5/5 3/5 5/5 1/5 1/5 2/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
70.11M
OE per share TTM
0.52
Owner's Yield
7.43%
Maintenance CapEx ratio
207.85%
Maint CapEx / Avg PPE
29.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock

This company is not held by any ETF in our universe.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
31.1K
Shares Outstanding
146.53M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Gavin William Street B.Comp MD, CEO & Director 1M male
Kar Yue Yeo Chief Financial Officer 1M male
Adrian Casey Chief Operating Officer & Executive Director 782.5K male
James Wells Chief Information Officer male
Sarah-Jane Lawson Company Secretary female
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits