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Infragreen Group Limited
Industrials · Waste Management
Updated 3 hours ago
$0.51
MARKET CAP
$111.92M
P/E RATIO
—
DIV. YIELD
2.0%
FRANKING
100%
Infragreen Group Limited engages in the recycling and waste recovery, and clean energy and transition businesses in Australia and New Zealand. It is involved in regulated waste recycling; ferrous and non-ferrous metals collection, processing, export, and recycling; solar energy generation; and gas- and diesel-powered peaking power activities.
View full descriptionThe Warsi Rating combines two proven approaches: value investing principles and dividend strategy. A stock must score 70+ on both to be rated Solid or higher.
Business quality and balance-sheet durability.
Short-term assets vs. short-term debts
Adequate liquidity. 1.69 ratio meets Buffett's 1.5 target.
Current Snapshot
Current Ratio
1.69x
Warning Floor
1.00x
Target
1.50x
Why It Matters
Liquidity supports operational stability. Companies with weak liquidity can face pressure even when long-term fundamentals are sound.
Formula
Current Assets / Current LiabilitiesMethod
Compare the current ratio to the warning floor and target level used in the framework.
Worked Example
This company's current ratio is 1.69x — it has $1.69 in short-term assets for every $1 of short-term liabilities. The target is 1.5x, with a warning floor at 1.0x.
How to Interpret
Ratios above the target suggest healthier short-term resilience; ratios below 1.0x can indicate immediate funding risk.
Ample cash reserves mean the company can pay dividends even during temporary revenue drops. Your income has a buffer against short-term disruptions.
Sources
Profit generated per $1 of shareholder investment
-12.6% average is below the 6% threshold. This suggests the business may lack a durable competitive advantage.
Current Snapshot
10Y Avg
-12.6%
Threshold
6.0%
Worst Year
-12.6%
Why It Matters
ROE shows how effectively management turns shareholder capital into profit. High and stable ROE can signal pricing power, cost discipline, or both.
Formula
Net Income / Shareholders' Equity x 100Method
Use the 10-year average ROE and review the weakest year to check whether returns stayed resilient across cycles.
Worked Example
This company's 10-year average ROE is -12.6%, meaning each $1 of shareholder equity generates $-0.13 in annual profit. The threshold is 6%, and the worst single year was -12.6%.
How to Interpret
Higher and steadier ROE generally supports stronger long-term compounding. Large drawdowns in weak years can point to fragility.
Lower ROE means your investment compounds more slowly. At -12.6%, this business needs more capital to generate the same returns as competitors. Consider whether other strengths (yield, stability) compensate for weaker profitability.
Sources
Real cash left after running the business
Negative free cash flow means the company is consuming cash. May need to raise debt or equity to fund operations.
Current Snapshot
Current FCF
$-2M
Pass Rule
> $0
Status
Negative
Why It Matters
Free cash flow is the cash available after core operating and capital needs. It is central to dividend capacity.
Formula
Operating Cash Flow - Capital ExpendituresMethod
Review whether free cash flow is consistently positive and whether it is sufficient relative to dividends and debt needs.
Worked Example
This company generated $-2M in free cash flow — cash left after operating costs and capital expenditure. Negative FCF means the company is consuming more cash than it generates.
How to Interpret
Persistently negative free cash flow can force reliance on borrowing or equity issuance to maintain payouts.
Negative cash flow means dividends may require borrowing - an unsustainable situation. The company is spending more cash than it generates, which can't continue indefinitely.
Sources
Price versus estimated intrinsic value and required return thresholds.
What percentage of the stock price comes back as earnings each year
-67.7% earnings yield is below the 7.5% threshold. You'd earn nearly as much from safer government bonds, which means the extra risk of owning shares isn't being compensated.
Current Snapshot
Current Yield
-67.7%
Required Yield
7.5%
Spread
-75.2pp
Why It Matters
Earnings yield reframes valuation as return on price paid. It helps compare equity earnings power against lower-risk alternatives.
Formula
(Earnings per Share / Stock Price) x 100Method
Calculate current earnings yield, then compare it to the required yield for the stock's industry setting.
Worked Example
With EPS of $-0.34 and a share price of $0.51, earnings yield is -67.7%. The required yield for this industry is 7.5% (based on 4.5% government bond rate plus a risk premium).
How to Interpret
A yield above the required level suggests better valuation support; below it indicates thinner compensation for equity risk.
Returns don't justify the added risk compared to safe bonds. Consider whether the dividend yield alone compensates, or wait for a better price.
Sources
Consistency of profits over time
2 loss year(s) found with only 2 years of data. Limited data requires 100% positive EPS - industry exemptions don't apply.
Current Snapshot
Positive Years
0/2
Allowed Losses
0 (limited)
EPS CAGR
N/A
Why It Matters
Consistency in EPS helps distinguish resilient earnings power from one-off performance spikes.
Formula
Positive EPS Years / Available EPS YearsMethod
For 8+ years of data, apply industry-specific loss tolerance. For limited data, every available year must be positive.
Worked Example
This company reported positive earnings in 0 of the last 2 years, with 2 loss years. With only 2 years of data, every year must be positive.
How to Interpret
Fewer loss years and stronger EPS continuity generally improve confidence in future dividend and valuation assumptions.
Loss years signal unpredictable earnings. During loss periods, companies often cut dividends to preserve cash. Your income could be at risk in the next downturn.
Sources
Annual dividends as percentage of stock price
Insufficient dividend history. Barsi methodology requires 6 years of data to calculate average yield.
Current Snapshot
6Y Avg Yield
N/A
6% Requirement
6.0%
Gross Yield
N/A
Why It Matters
Yield translates dividend income into a percentage of the price paid, which is central to income-first screening.
Formula
Annual Dividends per Share / Stock Price x 100Method
Use the 6-year average annual dividend for consistency and compare the result with the 6% framework requirement.
Worked Example
If annual dividends are $0.60 and the share price is $10, dividend yield is 6.0%.
How to Interpret
Higher sustainable yield improves upfront income, but unusually high yields may reflect elevated risk or weak coverage.
Without 6 years of dividend history, we can't assess whether the yield is sustainable or a one-time spike. More data is needed to evaluate income potential.
Sources
Track record of consistent dividend payments
| Ex-Date | Pay Date | Gross | Franking | Net | Credit |
|---|---|---|---|---|---|
| ~14 Feb 2030Est | ~14 Mar 2030 | ~$0.01 | 100% | ~$0.01 | $0.00 |
| ~19 Jan 2034Est | ~16 Feb 2034 | ~$0.01 | 100% | ~$0.01 | $0.00 |
| Ex-Date | Pay Date | Gross | Franking | Net | Credit |
|---|---|---|---|---|---|
| 12 Mar 2026Interim | 27 Mar 2026 | $0.01 | 100% | $0.01 | $0.00 |
| 30 Dec 2019Interim | 27 Mar 2020 | $0.01 | 0% | $0.01 | $0.00 |
| 27 June 2019Final | 27 Sept 2019 | $0.01 | 0% | $0.01 | $0.00 |
| 23 Dec 2010Interim | 17 Mar 2011 | $0.01 | 0% | $0.01 | $0.00 |
| 24 June 2010Final | 16 Sept 2010 | $0.02 | 0% | $0.02 | $0.00 |
Only 3 years of dividend history available. Barsi methodology requires 6+ years to evaluate consistency.
Current Snapshot
History
3yr
Predictability
N/A
Payout Health
N/A
Why It Matters
Payment consistency is a direct test of dividend reliability. Large cuts or skips often appear before confidence recovers.
Formula
Consecutive Years = count of years with dividend payments and no disqualifying skip/cut eventsMethod
Require at least 6 years of history, then check for skipped years and large cuts, allowing approved systemic-event exceptions.
Worked Example
This company has 3 years of dividend history (2010–2026). No suspensions detected — 3 consecutive years of payments. Predictability: N/A. Payout health: N/A. The minimum requirement is 6 years.
How to Interpret
Longer uninterrupted records generally signal stronger income reliability than high yield alone.
Without 6 years of history, we can't verify this company maintained dividends through economic cycles. Longer track records provide confidence your income will continue.
Sources
Industry category of the business
Industrials is not a BESST sector. Non-BESST stocks receive a lower base score but can still qualify with exceptional dividend metrics.
Current Snapshot
Industry
Waste Management
BESST Match
No
Score Impact
No bonus
Why It Matters
Sector classification helps contextualise risk and demand durability, which can materially affect dividend stability.
Formula
BESST Match = Sector in {Banks, Energy, Sanitation, Insurance, Telecom}Method
Match company sector or industry against BESST categories. A match adds scoring support but does not replace core dividend checks.
Worked Example
This company operates in Waste Management (Industrials sector). It does not match a BESST sector, so it receives the standard base score. Non-BESST stocks can still qualify with strong dividend metrics.
How to Interpret
BESST alignment is a positive context signal. Non-BESST stocks can still qualify with strong yield and dividend consistency.
Non-essential businesses face demand drops during recessions — discretionary spending is first to be cut. This increases cyclical risk for dividends, but companies with decades of consistent payments can still demonstrate durability.
Sources
No overlapping years between dividend and earnings history.
Infragreen Group Limited engages in the recycling and waste recovery, and clean energy and transition businesses in Australia and New Zealand. It is involved in regulated waste recycling; ferrous and non-ferrous metals collection, processing, export, and recycling; solar energy generation; and gas- and diesel-powered peaking power activities. Infragreen Group Limited was incorporated in 2023 and is based in Fortitude Valley, Australia.
Who owns the company's shares and how much leadership has at stake
When leaders own 20%+, they win when you win and lose when you lose
Professional fund managers have done their homework and chosen to own this
Shares freely traded on the ASX by individual investors like you
The people running this company own a large chunk of it (56.6%). When leadership has their own money on the line, they tend to make decisions that benefit all shareholders — not just their salary. Professional fund managers also hold shares, which is a vote of confidence in the business.
Current Snapshot
Insider %
56.6%
Institutional %
40.8%
Float %
2.6%
Why It Matters
Ownership mix affects governance incentives, liquidity, and share-price behaviour under large portfolio rebalancing flows.
Formula
Public Float (%) = 100 - Insider Ownership (%) - Institutional Ownership (%)Method
Use reported ownership percentages, convert to percentage terms, and compute remaining public float as the residual.
Worked Example
If insiders own 56.6% and institutions own 40.8%, public float is 2.6%.
How to Interpret
Higher insider ownership can improve alignment of incentives, while dominant institutional concentration can amplify short-term price moves.
The people running this company own a large chunk of it (56.6%). When leadership has their own money on the line, they tend to make decisions that benefit all shareholders — not just their salary. Professional fund managers also hold shares, which is a vote of confidence in the business.
Sources
| Date | Insider | Type | Shares | Value |
|---|---|---|---|---|
| 9 Mar 2026 | Ward (Lindsay J.) Non Executive Chairman | Purchase at price 0.28 per share. | 219K | $62K |
| 6 Mar 2026 | Ward (Lindsay J.) Non Executive Chairman | Purchase at price 0.28 per share. | 5K | $2K |
| 5 Mar 2026 | Ward (Lindsay J.) Non Executive Chairman | Purchase at price 0.28 per share. | 75K | $21K |
| 27 Feb 2026 | Ryall (Scott John) Director (Non-Executive) | Purchase at price 0.25 per share. | 30K | $7K |
| 27 Feb 2026 | Ryall (Scott John) Director (Non-Executive) | Purchase at price 0.26 per share. | 30K | $8K |
Company insiders have been net buyers of shares over the past 12 months. This may indicate management confidence in future prospects.
There isn't enough financial data available for Infragreen Group Limited to calculate value or dividend scores.
•Value: Missing core financial metrics (ROE, debt, margins)
•Dividend: No dividend history available
This is common for small-cap companies, recent listings, or exploration-stage companies.
Market data sourced from third-party financial data providers. Analysis generated using Warsi Criteria — proprietary scoring algorithms for value investing and dividend income analysis. Not financial advice. Learn how we analyse stocks →
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