52MEDIUM

AHL

ADRAD FPO [AHL]
Adrad Holdings Limited, together with its subsidiaries, designs and manufactures heat transfer solutions for industrial applications in Australasia, Asia, the Middle East, North and South America, Europe, and Africa. It operates through Heat Transfer Solutions and Distribution segments. The company offers heat exchangers for vehicles, heavy equipment, and stationary applications; industrial cooling solutions for road transport, heavy vehicles, mining, power generation, data centres and rail industries; and air radiators for the automotive and industrial aftermarket. It also manufactures, imports, and distributes automotive cooling components and parts for the aftermarket sector. Adrad Holdings Limited was founded in 1985 and is based in Beverley, Australia.
Industrials · ASX Small Cap
$1.1000 +0.0%

Updated 26 Mar 2026 · Scores refresh every scan

Score Breakdown

Technical60
Catalyst50
Sentiment50
Fundamental91
Momentum80
Risk Gate46
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Active Signals

Bullish Signals

  • Trading above both moving averages — the trend is your friend here
  • Beating the Small Ords index — relative strength of 1.18, so it's outpacing the pack
  • Trading above the 200-day average — the long-term trend is on your side
  • Cash positive / operating cashflow positive
  • Low P/S ratio (0.6x)
  • Piotroski F-Score strong (8/9, low-confidence approx)
  • EPS estimates revised upward (+10pts)
  • Near 52-week high (90% of range)
  • Small-cap ($20-100M)
  • CANSLIM N: Near 52-week high (breakout territory)
  • CANSLIM S: Tight float (27%)
  • CANSLIM I: Institutional ownership (11%)
  • Sentiment is mixed — no strong consensus either way
  • Strong long-term momentum — up 88% over the past year (excluding last month)
  • Excellent risk-adjusted returns — Sharpe of 1.8 means strong gains without wild swings
  • The bigger volume days are the up days — volume-weighted momentum is positive (1.00%/day)
  • Altman Z-Score grey zone (2.68, low-confidence approx)
  • RBA hiking (-3pts)

Risk Signals

  • Stochastic turning bearish from a high level — caution
  • Earnings declining (-8% QoQ)
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • Overseas neutral (-1pts, S&P500 neutral, VIX 25)
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Recent Catalysts

NONE Initial Director's Interest Notice - HC
NONE Adrad appoints Mr Howard Coombs as Non-Executive Director
NONE Change in substantial holding

Recent ASX Announcements

2026-03-10 Initial Director's Interest Notice - HC
2026-03-10 Adrad appoints Mr Howard Coombs as Non-Executive Director
2026-03-03 Change in substantial holding
2026-02-20 Update to MD/CEO and NED Remuneration Arrangements
2026-02-18 Improved Half Year Performance and Results Presentation PRICE SENSITIVE

Key Metrics

$89.5M
Market Cap
102K
Avg Volume
1.6x
Vol Ratio
$0.56 — $1.16
52-Week Range
N/A
Short Interest
N/A
Cash Runway
4.7%
ROE
3.5%
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSdecliningEPS Growth: -8%
AAnnual EarningsneutralCAGR: 0%
NNew Highs / CatalystspassNear 52w High
SSupply & DemandpassFloat: 27%
LLeader vs LaggardpassRS: 2
IInstitutional SponsorshippassInst: 11%
MMarket DirectionneutralNeutral

Sector: Industrials

Ranked #23 of 94 · Sector avg: 48

View all Industrials signals →
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