Acrow Formwork and Construction Services Limited [ASX:ACF] share price and news 2022

Company Description

Acrow (ACF, formerly NMG Corporation Limited) operates in the Australian construction services industry, hiring formwork, falsework and scaffolding equipment and undertaking sales of formwork and scaffolding related consumables. The Formwork operation involves the supply of the temporary mould that supports concrete structures in their construction. The Scaffolding operation supplies scaffolding equipment and access solutions to builders and building contractors when working at heights.

Acrow Formwork and Construction Services Limited belongs to Industrials sector and under industry of Trading Companies & Distributors. You can get more information about this company via their website: http://www.acrow.com.au.

This a small cap company with market cap of 82 millions.

Compared to Market and Sector

The following table compares the company to Market and Sector based on Earning, Price/Earning ratio(P/E), Price/Book ratio (P/B) and PE growth.

Company PE is less than both sector and market. while Company PB is less than both sector and market. On the other hand, Company Earning is less than both sector and market.

Earnings PE PB PE growth
Company 0.23 8.87 1.39 0
Market 1.03 20.6 1.71 1.15
Sector 0.55 15.9 2.1 1.14

Dividend Growth Chart

The following chart shows you how acf dividend grows in the recent years.Acrow Formwork and Construction Services Limited has dividend yield of 3%