38LOW

VEE

VEEM LTD FPO [VEE]
VEEM Ltd engages in designing, manufacturing, and selling of marine propulsion and stabilization systems in Australia. It offers gyrostabilizers; CNC machined monobloc propellers; and forever pipe, a piping solution for the processing industry. The company also provides conquest propellers, shaft lines, and marine ride control fins. In addition, it offers bespoke engineered products and services for marine, defense, and mining industries; and hollow bar products. The company was founded in 1968 and is headquartered in Canning Vale, Australia. VEEM Ltd is a subsidiary of Veem Corporation Pty Ltd.
Industrials · ASX Small Cap
$0.5900 +0.8%

Updated 26 Mar 2026 · Scores refresh every scan

Score Breakdown

Technical66
Catalyst50
Sentiment50
Fundamental77
Momentum38
Risk Gate50
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Active Signals

Bullish Signals

  • MACD just crossed bullish — momentum is shifting to the upside
  • Volatility is contracting — like a spring being compressed, breakouts often follow
  • Cash positive / operating cashflow positive
  • Low P/S ratio (1.5x)
  • Revenue in sharp decline (-30%)
  • EPS estimates revised upward (+10pts)
  • Near 52-week low (6% of range)
  • Small-cap ($20-100M)
  • CANSLIM A: Moderate annual earnings growth (12%)
  • CANSLIM S: Tight float (50%)
  • CANSLIM I: Institutional ownership (26%)
  • Revenue declined -30% YoY
  • Sentiment is mixed — no strong consensus either way
  • Earnings are trending the right way — 2 consecutive improvements
  • Beneish M-Score -1.52 > -1.78: likely earnings manipulation
  • RBA hiking (-3pts)

Risk Signals

  • Below the 200-day average — the long-term trend is still working against it
  • Deeply negative margins (-30%)
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • Long-term momentum is negative — down 28% over the past year
  • Revenue declining at -30% — the top line is shrinking
  • Overseas neutral (-1pts, S&P500 neutral, VIX 25)
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Recent Catalysts

NONE Half Year Results Presentation
NONE VEEM Reports 1HFY26 Results
NONE Appendix 4D and Half Year Financial Statements

Recent ASX Announcements

2026-02-24 Half Year Results Presentation PRICE SENSITIVE
2026-02-24 VEEM Reports 1HFY26 Results PRICE SENSITIVE
2026-02-24 Appendix 4D and Half Year Financial Statements PRICE SENSITIVE
2026-02-22 1HFY26 Accounting Adjustments & Prelim Unaudited Results PRICE SENSITIVE
2026-02-02 Notification of Results Reporting Date & Webinar

Key Metrics

$85.8M
Market Cap
217K
Avg Volume
0.5x
Vol Ratio
$0.49 — $1.95
52-Week Range
0.3%
Short Interest
N/A
Cash Runway
-35.0%
ROE
-30.0%
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsweakCAGR: 12%
NNew Highs / Catalystsneutral
SSupply & DemandpassFloat: 50%
LLeader vs LaggardlaggardRS: -5
IInstitutional SponsorshippassInst: 26%
MMarket DirectionneutralNeutral

Sector: Industrials

Ranked #89 of 94 · Sector avg: 48

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