RWL

RUBICON FPO [RWL]
Rubicon Water Limited designs, manufactures, installs, and maintains irrigation automation software and hardware in Australia, New Zealand, Asia, and internationally. The company offers network control solutions, including total channel control, low energy pipeline, site management, and water and energy solutions; flow, water level, and climate measurement solutions; and operations software solutions. It also provides surface irrigation, irrigation automation, and precise irrigation scheduling solutions, including operations management software, water order management software, and SCADA/telemetry. It serves governments and water authorities. The company was founded in 1995 and is headquartered in Melbourne, Australia.
Utilities · ASX Small Cap
$0.1600 -3.0%

Updated 9 Sep 2026 · Signals refresh every scan

Appeared in 2 consecutive scansFirst seen: 2026-03-02
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Active Signals

Bullish Signals

  • MACD momentum is losing steam
  • Bollinger Bands are tightening — volatility is coiling up for a potential breakout
  • Beating the Small Ords index — relative strength of 1.49, so it's outpacing the pack
  • Volatility is contracting — like a spring being compressed, breakouts often follow
  • 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)
  • EPS estimates revised upward (+10pts)
  • Small-cap ($20-100M)
  • Capital raise activity (1 events)
  • CANSLIM S: Tight float (24%)
  • CANSLIM I: Institutional ownership (25%)
  • Sentiment is mixed — no strong consensus either way
  • The bigger volume days are the up days — volume-weighted momentum is positive (9.68%/day)
  • Altman Z-Score grey zone (2.05, low-confidence approx)
  • RBA hiking (-3pts)

Risk Signals

  • Revenue declining (-14%)
  • Piotroski F-Score weak (3/9, low-confidence approx)
  • Deeply negative margins (-25%)
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • Long-term momentum is negative — down 48% over the past year
  • Revenue declining at -14% — the top line is shrinking

Recent Catalysts

NONE Presentation to Investors
NONE Cleansing Notice
NONE Application for quotation of securities - RWL
Announcement tone +3pts

Recent ASX Announcements

2026-09-09 Presentation to Investors
2026-09-01 Cleansing Notice
2026-09-01 Application for quotation of securities - RWL
2026-08-27 Italy Project Award
2026-08-23 Appendix 4G and Corporate Governance Statement

Key Metrics

$39.1M
Market Cap
190K
Avg Volume
0.2x
Vol Ratio
$0.05 — $0.31
52-Week Range
N/A
Short Interest
N/A
Cash Runway
-28.0%
ROE
-25.4%
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandpassFloat: 24%
LLeader vs LaggardpassRS: 98
IInstitutional SponsorshippassInst: 25%
MMarket DirectionneutralNeutral

Sector: Utilities

14 tickers in this sector

View all Utilities signals →Browse all ASX tickers A–Z →
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