Stock Spotlight: ARB Corporation Limited (ASX:ARB)
This week's Stock Spotlight is ASX-listed ARB Corporation Limited.
About ARB Corporation Limited.
ARB Corporation Limited engages in the design, manufacture, distribution, and sale of motor vehicle accessories and light metal engineering works. The company provides earth campers; bull bars; side rails and steps; rear protection, towing, and wheel carriers; canopies; UTE lids and tub accessories; roof racks, cross bars, and carriers; old man EMU 4X4 suspensions; linx; driving lights; air compressors and tyre accessories; air lockers; winches; recovery equipment; recovery points; under vehicle protection; fuel tanks and storage; drawers and cargo solutions; slide kitchen; portable fridge freezers; tents, swags, and awnings; camping and touring accessories; UHF radios, GPS, and reverse cameras; safari snorkels; dual battery and solar systems; general accessories; interior protection; and merchandise products. The company serves stockists, vehicle dealers, and various fleet operators, as well as owns and license ARB branded store network. The company has operations in Australia, New Zealand, the United States, Thailand, the Middle East, Europe, and the United Kingdom. ARB Corporation Limited was incorporated in 1975 and is based in Kilsyth, Australia.
Source: Yahoo Finance
Key Stats
Key Stats
Source: Yahoo Finance, ASX. Data as of 30/09/24.
Price Performance

Growth Potential
- Trading on relatively full multiples.
- Potential margin pressure in the near term.
- Experienced management team and senior staff with a track record of delivering earnings growth.
- Strong balance sheet with no debt at FY23-end.
- Strong presence and brands in the Australian aftermarket segment.
- Growing presence in Europe and Middle East and potential to grow Exports.
- Growth via acquisitions
Key Risks
- Higher than expected sales growth rates.
- Any delays or interruptions in production, especially in Thailand which happens on an annual basis.
- Increased competition in the Australian Aftermarket especially with competitors’ tendency to replicate ARB products.
- Slowing down of demand from OEMs.
- Poor execution of R&D.
- Currency exposure
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Disclaimer: This article does not constitute financial advice nor a recommendation to invest in the securities listed. The information presented is intended to be of a factual nature only. Past performance is not a reliable indicator of future performance. As always, do your own research and consider seeking financial, legal and taxation advice before investing.





