Waterco Ltd
Waterco Ltd designs, manufactures, and distributes water heating and cooling systems, primarily serving residential and commercial markets in Australia and New Zealand.
Business. Waterco Ltd (WAT.AX) is an Australian company operating in the Advanced Medical Equipment & Technology industry. The firm is primarily listed on the Australian Securities Exchange (ASX). Specific details regarding its operating segments, headquarters location, and geographic revenue mix are not available in the provided data. Consequently, the company is described at the industry level as a provider of advanced medical equipment and technology.
Analyst recommendations
25 analysts · consensus BuyAt a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
News & coverage
0Sector rotation
Developing storylines
Analysis
AI analysisOpportunity
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Company
- EarningsQ3 2026 earnings (expected)2026-10-28 · estimated
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
- Congressional trades
- CongressKevin Hern — Waters Corporation Common Stock2026-02-09 · Republican · OK · Exchange · $1,001 - $15,000
- CongressLisa McClain — Waters Corporation Common Stock2025-07-22 · Republican · MI · Sale · $1,001 - $15,000
- CongressLisa McClain — Waters Corporation Common Stock2025-07-16 · Republican · MI · Purchase · $1,001 - $15,000
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
Waterco Ltd (WAT.AX) is an Australian company operating in the Advanced Medical Equipment & Technology industry. The firm is primarily listed on the Australian Securities Exchange (ASX). Specific details regarding its operating segments, headquarters location, and geographic revenue mix are not available in the provided data. Consequently, the company is described at the industry level as a provider of advanced medical equipment and technology.
Waterco's capital structure is characterized by a lack of detailed liquidity metrics, as no balance-sheet inputs are available and no going-concern language is present in source documents. The company has no dilutive shares outstanding, with basic and diluted shares outstanding equal at 35,043,739. No liquidity risk is flagged, though the absence of financial data limits the ability to assess short-term obligations or cash flow resilience.
Profitability metrics are not available in the valuation snapshot, and no industry-specific preferred metrics are provided in the industry configuration. The company reported an EPS of 0.08 AUD in the latest period, but no cohort median or industry benchmark is available for comparison.
Segment and geographic exposure data are not disclosed in the input, and no revenue concentration metrics are available. The company operates in Australia and New Zealand, but the proportion of revenue derived from each region is unspecified.
Growth trajectory is not quantified in the outlook, and no numeric deltas are provided for the current or next fiscal year. The company's recent performance is limited to a single EPS data point, with no forward-looking guidance or revenue history available.
Risk factors include the inability to assess liquidity risk due to missing balance-sheet data and the absence of going-concern language in source documents. No dilution risk is flagged, as basic and diluted shares are equal. No recent filings or transcripts are available to inform material risk events.
Recent events are not disclosed in the input data, and no filings or transcripts are available to inform material developments. The company's risk profile is limited to the absence of liquidity data and the lack of disclosed dilutive instruments.
- Waterco operates in the electrical components and equipment industry, focusing on water heating and cooling systems.
- The company's capital structure shows no dilution risk, with basic and diluted shares outstanding equal.
- No liquidity risk is flagged, but the absence of balance-sheet data limits the ability to assess short-term financial health.
- Profitability and growth metrics are not available, and no industry benchmarks are provided for comparison.
- The company's geographic and segment exposure is not disclosed, limiting visibility into revenue concentration.
Bull / Bear case
Generated · model-assistedIn focus — financials by report
Revenue A$244.8M, +82,7% YoY; Operating income +52,7% YoY.
- ▍Revenue A$244.8M, +82,7% YoY
- ▍Operating income +52,7% YoY
- ▍Net income +28,2% YoY
- ▍Free cash flow +60,1% YoY
- ▍Net margin 5.7%
Revenue A$134.0M, +4,6% YoY; Operating income −4,2% YoY.
- ▍Revenue A$134.0M, +4,6% YoY
- ▍Operating income −4,2% YoY
- ▍Net income −6,8% YoY
- ▍Free cash flow −5,5% YoY
- ▍Net margin 8.1%
Revenue A$128.1M, +8,2% YoY; Operating income +61,2% YoY.
- ▍Revenue A$128.1M, +8,2% YoY
- ▍Operating income +61,2% YoY
- ▍Net income −8,7% YoY
- ▍Free cash flow −14,4% YoY
- ▍Net margin 9.1%
Revenue A$118.4M; Operating income A$9.4M.
- ▍Revenue A$118.4M
- ▍Operating income A$9.4M
- ▍Net margin 10.8%
Valuation FY
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
Options
Short squeeze
Earnings-call key lines
Estimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Derivative transactions
- Director · Stock Option (Right to Buy) → Common StockAcquired 57 @ $319,44grant · 2026-02-25
- Director · Stock Option (Right to Buy) → Common StockAcquired 57 @ $319,44grant · 2026-02-25
- Director, President and CEO · Stock Option (Right to Buy) → Common StockAcquired 25 283 @ $319,44grant · 2026-02-25
- Director · Stock Option (Right to Buy) → Common StockAcquired 57 @ $319,44grant · 2026-02-25
- Director · Stock Option (Right to Buy) → Common StockAcquired 57 @ $319,44grant · 2026-02-25
- Director · Stock Option (Right to Buy) → Common StockAcquired 57 @ $319,44grant · 2026-02-25
- Director · Stock Option (Right to Buy) → Common StockAcquired 57 @ $319,44grant · 2026-02-25
- Director · Stock Option (Right to Buy) → Common StockAcquired 57 @ $319,44grant · 2026-02-25
- Director · Stock Option (Right to Buy) → Common StockAcquired 877 @ $319,44grant · 2026-02-25
- Director · Stock Option (Right to Buy) → Common StockAcquired 57 @ $319,44grant · 2026-02-25
- Director · Stock Option (Right to Buy) → Common StockAcquired 57 @ $319,44grant · 2026-02-25
- SVP Waters Analytical Sciences · Stock Option (Right to Buy) → Common StockAcquired 4 884 @ $319,44grant · 2026-02-25
- SVP Waters Adv. Diagnostics · Stock Option (Right to Buy) → Common StockAcquired 4 826 @ $319,44grant · 2026-02-25
- SVP & Chief Financial Officer · Stock Option (Right to Buy) → Common StockAcquired 7 125 @ $319,44grant · 2026-02-25
Actions
Ask Handelsavisen
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Waterco Ltd Market data — financials · 2026-05-30
- Waterco Ltd Market data — analyst estimates · 2026-05-30
Ownership & reference
Top holders
- Investment Managers · as of 2026-03-310,96 %$1M
- Institutional Investor · as of 2026-03-310,69 %$2 059M
- Investment Managers · as of 2026-03-310,26 %$804M
- Institutional Investor · as of 2026-03-310,24 %$488M
- Investment Managers · as of 2026-03-310,16 %$304M
- Institutional Investor · as of 2022-09-300,15 %$0M
- Funds · as of 2026-03-310,10 %$646M
- Investment Managers · as of 2026-03-310,06 %$90M
- Investment Managers · as of 2026-03-310,05 %$211M
- Investment Managers · as of 2026-03-310,05 %$243M
- Investment Managers · as of 2026-03-310,05 %$785M
- Institutional Investor · as of 2026-03-310,05 %$207M
- Investment Managers · as of 2026-03-310,05 %$242M
- Investment Managers · as of 2026-03-310,04 %$1 299M
- Investment Managers · as of 2025-12-310,04 %$2 837M
- Investment Managers · as of 2026-03-310,04 %$310M
- Investment Managers · as of 2026-03-310,04 %$0M
- Investment Managers · as of 2024-06-300,04 %$1 640M
- Investment Managers · as of 2026-03-310,04 %$70M
- Investment Managers · as of 2026-03-310,04 %$230M
- Investment Managers · as of 2026-03-310,03 %$191M
- Institutional Investor · as of 2026-03-310,03 %$68M
- Institutional Investor · as of 2026-03-310,03 %$158M
- Investment Managers · as of 2026-03-310,02 %$44M
- Investment Managers · as of 2024-12-310,02 %$79M
- Investment Managers · as of 2026-03-310,02 %$168M
- Investment Managers · as of 2026-03-310,02 %$364M
- Investment Managers · as of 2026-03-310,02 %$76M
- Brokerage Firms · as of 2026-03-310,01 %$62M
- Brokerage Firms · as of 2026-03-310,01 %$34M
- Investment Managers · as of 2026-03-310,01 %$15M
- Institutional Investor · as of 2026-03-310,01 %$150M
- Investment Managers · as of 2026-03-310,01 %$15M
- Investment Managers · as of 2026-03-310,01 %$12M
Leadership
- Udit BatraPresident, Chief Executive Officer, Director
Insider activity
- Director · Common StockOther 67 · 2026-06-30
- Director · Common StockOther 63 · 2026-06-30
- SVP Waters Analytical Sciences · Common StockOther 189 @ $369,18$70K · 2026-06-24
- SVP & Chief Financial Officer · Common StockOther 239 @ $352,21$84K · 2026-05-12
- SVP Waters Adv. Diagnostics · Common StockOther 302 @ $304,09$92K · 2026-04-06
- Director · Common StockOther 64 · 2026-03-31
- Director · Common StockOther 68 · 2026-03-31
- Director · Common StockBought 500 @ $289,46$145K · 2026-03-16
- Director · Common StockBought 1 000 @ $306,34$306K · 2026-03-06
- SVP & Chief Financial Officer · Common StockOther 709 @ $307,23$218K · 2026-03-02
- Director, President and CEO · Common StockOther 3 417 @ $307,23$1,0M · 2026-03-02
- SVP Waters Adv. Diagnostics · Common StockOther 410 @ $307,23$126K · 2026-03-02
- Director · Common StockOther 336 · 2026-02-25
- Director · Common StockOther 23 · 2026-02-25
- Director · Common StockOther 23 · 2026-02-25
- Director · Common StockOther 23 · 2026-02-25
- Director · Common StockOther 358 · 2026-02-25
- Director · Common StockOther 23 · 2026-02-25
- Director · Common StockOther 23 · 2026-02-25
- Director · Common StockOther 23 · 2026-02-25
- SVP & Chief Financial Officer · Common StockOther 1 455 · 2026-02-25
- Director · Common StockOther 23 · 2026-02-25
- Director, President and CEO · Common StockOther 5 165 · 2026-02-25
- SVP Waters Analytical Sciences · Common StockOther 997 · 2026-02-25
- SVP Waters Adv. Diagnostics · Common StockOther 986 · 2026-02-25
Short positioning
Geographic breakdown
Intel & risk
Evidence & claims
From filings & derived data- EPS (diluted) (YoY) (2025-12-31 vs 2024-12-31): 0.5%Derived (calculated)
- Net income (YoY) (2025-12-31 vs 2024-12-31): 0.8%Derived (calculated)
- Total liabilities (YoY) (2025-12-31 vs 2024-12-31): -7.7%Derived (calculated)
- Total assets (YoY) (2025-12-31 vs 2024-12-31): 11.5%Derived (calculated)
- Shareholders' equity (YoY) (2025-12-31 vs 2024-12-31): 40.1%Derived (calculated)
- Revenue (YoY) (2025-12-31 vs 2024-12-31): 7.0%Derived (calculated)
- R&D expense (YoY) (2025-12-31 vs 2024-12-31): 6.9%Derived (calculated)
- EPS (basic) (YoY) (2025-12-31 vs 2024-12-31): 0.5%Derived (calculated)
- Net margin (FY 2025-12-31): 20.3%Derived (calculated)
- Return on equity (FY 2025-12-31): 25.1%Derived (calculated)
- Return on assets (FY 2025-12-31): 12.7%Derived (calculated)
- Current ratio (FY 2025-12-31): 1.73xDerived (calculated)
- Debt-to-equity (FY 2025-12-31): 0.98xDerived (calculated)
- Operating cash flow (YoY) (2025-12-31 vs 2024-12-31): -14.4%Derived (calculated)
- Cash & equivalents (YoY) (2025-12-31 vs 2024-12-31): 80.7%Derived (calculated)
- Long-term debt (YoY) (2025-12-31 vs 2024-12-31): -13.5%Derived (calculated)
- Cost of revenue (YoY) (2025-12-31 vs 2024-12-31): 7.4%Derived (calculated)
- Operating income (YoY) (2025-12-31 vs 2024-12-31): -2.9%Derived (calculated)
- Shareholders' equity (annual): USD 2.56BSEC XBRL filing
- Shares outstanding (annual): 59.55MSEC XBRL filing
- Current assets (annual): USD 2.15BSEC XBRL filing
- Current liabilities (annual): USD 1.24BSEC XBRL filing
- Total liabilities (annual): USD 2.52BSEC XBRL filing
- EPS (diluted) (annual): USD-PER-SHARES 11SEC XBRL filing