Equity Long-Short Analyst

Pyari Menon

Equity Bottom-Up

<ul>
<li>
<a href="https://www.smartkarma.com/entities/duratec-ltd" target="_blank" data-smartkarma-citation="entities:30854:1" rel="noopener">Duratec Ltd (DUR AU)</a> with strong financials, a robust order pipeline and ability to leverage technologies makes it a solid small-cap infrastructure maintenance and asset protection play</li>
<li>Shares are at least 30% below fair value given profitability, growth and order book profile. Historical numbers suggest solid execution of a diverse service contract portfolio. </li>
<li>Duratec is a play on growing need for more efficient, accurate and  innovative approach for proactive infrastructure inspections and maintenance. </li>
</ul>



Duratec Ltd (DUR AU) with strong financials, a robust order pipeline and ability to leverage technologies makes it a solid small-cap infrastructure maintenance and asset protection play
Shares are at least 30% below fair value given profitability, growth and order book profile. Historical numbers suggest solid execution of a diverse service contract portfolio. 
Duratec is a play on growing need for more efficient, accurate and  innovative approach for proactive infrastructure inspections and maintenance. 


Duratec: Leveraging Technologies For Infrastructure Maintenance Leading to Strong Financials

External broker reports(aggregated public sources), Taylor Collison

Taylor Collison

External broker reports(aggregated public sources)

Taylor Collison is a leading financial services firm, providing advice & wealth creation strategies to private & institutional investors and corporate clients throughout Australia. Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

<ul><li>While DUR may appear to trade at a premium to similarly sized contractors, we believe its valuation is well justified.</li><li>Management has successfully positioned the company to capitalise on long-term tailwinds across multiple industries, where in each DUR offers a unique value proposition.</li><li>In remediation, the MEnD business provides engineering to complement the contracting prowess of the DUR business allowing it to provide a full- service solution for asset owners – ranging from defect identification to cost estimation and project completion.</li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

While DUR may appear to trade at a premium to similarly sized contractors, we believe its valuation is well justified.Management has successfully positioned the company to capitalise on long-term tailwinds across multiple industries, where in each DUR offers a unique value proposition.In remediation, the MEnD business provides engineering to complement the contracting prowess of the DUR business allowing it to provide a full- service solution for asset owners – ranging from defect identification to cost estimation and project completion.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Duratec Limited (DUR) - 1H25 Results – Well Managed with Growth Potential

<ul><li>Investing in contractors is inherently risky, whether it is fixed cost contract blow- outs, lower capex budgets for customers or competitors taking on projects at low margins to generate cash flows – good long-term performance in the contracting industry is rare.</li><li>It is therefore important for contractors to have a point of difference. In our view, DUR has a unique offering compared with many other contractors.</li><li>DUR has two main points of difference. The first is its positioning operating as predominantly a remediation contractor.</li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Investing in contractors is inherently risky, whether it is fixed cost contract blow- outs, lower capex budgets for customers or competitors taking on projects at low margins to generate cash flows – good long-term performance in the contracting industry is rare.It is therefore important for contractors to have a point of difference. In our view, DUR has a unique offering compared with many other contractors.DUR has two main points of difference. The first is its positioning operating as predominantly a remediation contractor.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Duratec Limited (DUR) - Sector Tailwinds for Remediation Contractor

Financial News, Analysis and Data, FNArena

FNArena

Financial News, Analysis and Data

Online financial media company focused on Australian equities, with a global perspective

<ul><li>In today's edition: -Ask FNArena -Review All-Weather Model Portfolio -Recent Updates On Expert Views -Best Buys & Conviction Calls</li></ul>

In today's edition: -Ask FNArena -Review All-Weather Model Portfolio -Recent Updates On Expert Views -Best Buys & Conviction Calls

Rudi's View: Bega Cheese, Cettire, Harvey Norman, Sigma, SiteMinder & More

<ul><li>Update on changes to and revisions of analysts' Best Ideas and Conviction Calls, as well as Model Portfolio compositions</li></ul>

Update on changes to and revisions of analysts' Best Ideas and Conviction Calls, as well as Model Portfolio compositions

NEXTDC Ltd - Rudi's View: Aussie Broadband, oOh!media, Paladin Energy, Seek, Xero & More

Australia

Duratec Limited provides construction services. The Company specializes in the protection and re-mediation of steel and concrete structures, as well as offers asset protection, building refurbishment, infrastructure upgrading, recladding, and durability engineering services. Duratec serves customers worldwide.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Duratec Ltd (DUR AU)

Duratec: Leveraging Technologies For Infrastructure Maintenance Leading to Strong Financials

Duratec: An infrastructure maintenance play using technologies to drive execution and strong financials, now trading at discount to fair value.

Pyari Menon

Duratec Limited (DUR) - 1H25 Results – Well Managed with Growth Potential

Management has successfully positioned the company to capitalise on long-term tailwinds across multiple industries, where in each DUR offers a...

Taylor Collison

Duratec Limited (DUR) - Sector Tailwinds for Remediation Contractor

Investing in contractors is inherently risky, whether it is fixed cost contract blow- outs, lower capex budgets for customers or competitors taking...

Taylor Collison

Rudi's View: Bega Cheese, Cettire, Harvey Norman, Sigma, SiteMinder & More

In today's edition: -Ask FNArena -Review All-Weather Model Portfolio -Recent Updates On Expert Views -Best Buys & Conviction Calls

FNArena

NEXTDC Ltd - Rudi's View: Aussie Broadband, oOh!media, Paladin Energy, Seek, Xero & More

Update on changes to and revisions of analysts' Best Ideas and Conviction Calls, as well as Model Portfolio compositions

FNArena

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)