52MEDIUM

BWN

BHAGWAN FPO [BWN]
Bhagwan Marine Limited, a marine services company, owns and operates a range of vessels providing marine solutions for the offshore energy, subsea, ports and inshore, and defense sectors in Australia. Its port services include wharf and jetty construction support, crew change/transfers, harbor towage, line boats, inshore survey, geotechnical support, general marine project support, ship supply runs, navigational aid maintenance, mooring installation, maintenance and removal, mooring hire, vessel line handling, berthing, transshipping, dredging support, bed levelling, and port security vessels; and offshore services comprise dive support, remotely operated vehicle support, crew change operations, metocean equipment deployment, geophysical surveys, geotechnical surveys, offshore accommodation services, decommissioning support, pilot transfers, FPSO offtake assist, oil field support services, coastal towage, coastal freight, standby operations, search and rescue, subsea trenching and cable lay support, platform maintenance support, transshipping, dredge support, bed levelling, and hot shots. The company also provides subsea inspection maintenance and repair, construction, and decommissioning services; commercial diving services; civil construction support services; and project management services. It has a total fleet of approximately 95 vessels, including dive support vessels, tug boats, multi-cats, utility vessels, barges, and crew transfer boats, as well as other specialist vessels. The company was incorporated in 1985 and is headquartered in Perth, Australia.
Industrials · ASX Small Cap
$0.4120 -1.9%

Updated 26 Mar 2026 · Scores refresh every scan

Score Breakdown

Technical50
Catalyst51
Sentiment50
Fundamental72
Momentum43
Risk Gate46
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Active Signals

Bullish Signals

  • MACD momentum is picking up steam
  • Cash positive / operating cashflow positive
  • Low P/S ratio (0.5x)
  • Revenue in sharp decline (-24%)
  • EPS estimates revised upward (+10pts)
  • Near 52-week low (7% of range)
  • Earnings in sharp decline (-67% QoQ)
  • CANSLIM A: Strong annual earnings CAGR (73%)
  • CANSLIM S: Tight float (33%)
  • Sentiment is mixed — no strong consensus either way
  • Altman Z-Score grey zone (2.86, low-confidence approx)
  • RBA hiking (-3pts)

Risk Signals

  • Stochastic turning bearish from a high level — caution
  • Below the 200-day average — the long-term trend is still working against it
  • Post-earnings drift: negative surprise (SUE -10)
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • Revenue declining at -24% — the top line is shrinking
  • Overseas neutral (-1pts, S&P500 neutral, VIX 25)
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Recent Catalysts

NONE Results of General Meeting
NONE Bhagwan Marine Advances Decommissioning Strategy
NONE Dividend/Distribution - BWN
LOW Investor Presentation to Euroz Hartleys Conference

Recent ASX Announcements

2026-03-24 Results of General Meeting
2026-03-23 Bhagwan Marine Advances Decommissioning Strategy
2026-03-17 Investor Presentation to Euroz Hartleys Conference
2026-02-25 Dividend/Distribution - BWN
2026-02-25 Bhagwan Marine - 1H26 Results Presentation PRICE SENSITIVE

Key Metrics

$129.2M
Market Cap
310K
Avg Volume
0.9x
Vol Ratio
$0.40 — $0.62
52-Week Range
N/A
Short Interest
N/A
Cash Runway
4.0%
ROE
2.7%
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: -67%
AAnnual EarningspassCAGR: 73%
NNew Highs / Catalystsneutral
SSupply & DemandpassFloat: 33%
LLeader vs LaggardlaggardRS: -3
IInstitutional SponsorshipweakInst: 6%
MMarket DirectionneutralNeutral

Sector: Industrials

Ranked #18 of 94 · Sector avg: 48

View all Industrials signals →
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