The Ridley Corporation Ltd (ASX: RIC) share price is in focus after the company reported underlying EBITDA jumped 61.8% to $157.8 million, and a 100% franked final dividend of 5.35 cents per share, for the year ended 30 June 2026.

What did Ridley report?

• Underlying EBITDA: $157.8 million, up 61.8% from $97.5 million in the prior corresponding period
• Underlying NPAT: $61.0 million, up 41.5% year on year
• Final dividend: 5.35 cps, fully franked (up from 5.00 cps in FY25)
• Operating cash flow: $122.4 million, up from $68.3 million last year
• Leverage: 0.85x (target range: 1–2x)
• Statutory NPAT: $27.6 million (after significant items)

What else do investors need to know?

Ridley completed the acquisition of Incitec Pivot Fertilisers during the year, driving a step-change in earnings and expanding its position in the Australian agricultural sector. The business now holds number one positions across fertilisers, bulk stockfeeds, and packaged feeds and ingredients.

Fertilisers contributed EBITDA of $72.2 million over nine months, meeting the higher end of expectations, while Bulk Stockfeeds and Packaged Feeds saw growth in volumes, though operational constraints temporarily affected ingredients performance.

The company maintained a solid balance sheet, with headline leverage below the 1–2x target, despite the fertiliser acquisition. Ridley’s cash generation improved, supporting a progressive dividend and ongoing investment.

What’s next for Ridley?

Ridley expects earnings growth from each division in FY27 as it continues integrating its fertilisers business, expands capacity in bulk stockfeeds, and aims for operational recovery in packaged feeds and ingredients.

Management intends to stick with its capital allocation framework and maintain a dividend payout between 50–70% of NPAT. Investment remains focused on efficiency, network upgrades, and pursuing disciplined growth opportunities. The company sees its diversified position providing resilience through changing agricultural cycles and external challenges.

Ridley share price snapshot

Over the past 12 months, Ridley shares have risen 3%, slightly outperforming the All Ordinaries Index (ASX: XAO), which has risen 1% over the same period.

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The post Ridley: FY26 profit jumps on fertiliser boost appeared first on The Motley Fool Australia.

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Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

The IPH Ltd (ASX: IPH) share price is in focus after the company reported a resilient FY26 result, with net profit after tax rising 16.9% to $80.4 million and total dividends up 5.5% to 38.5 cents per share.

What did IPH Limited report?

• Revenue rose 0.6% to $710.4 million
• Net profit after tax increased 16.9% to $80.4 million
• Underlying EBITDA of $205.9 million, down 0.6%
• Final dividend of 19.5 cents per share (30% franked), total FY26 dividend 38.5 cps
• Net tangible asset per share of $(0.94)
• Share buy-back: 5.4 million shares repurchased for $18.7 million

What else do investors need to know?

During the year, IPH continued to execute its strategy of organic growth, disciplined cost control, and investment in technology— including a stronger push into AI and digital platforms. The integration of Pizzeys and Applied Marks into Griffith Hack from 1 July 2026 is set to enhance service capability and scale for Australian clients.

IPH’s international diversification helped balance market challenges, with Canada delivering strong growth despite some delays in the Canadian Intellectual Property Office system, and Asia returning to revenue growth on a constant currency basis. The Australia/New Zealand segment remained soft due to lower US-originated patent work.

What did IPH Ltd management say?

IPH’s outgoing CEO and Managing Director, Dr Andrew Blattman, said:

As I reflect on my final year as Managing Director and CEO of IPH, I do so with a strong sense of pride in the business we have built together. It has been a remarkable journey from our origins as a single firm in Australia to the leading intellectual property services group we are today, operating across Australia, New Zealand, Asia and Canada and serving clients around the world.

What’s next for IPH Ltd?

Looking to FY27, IPH plans to focus on operational improvement and technology investment, including greater adoption of AI tools to improve efficiency and enhance service delivery. The group is also updating its dividend payout policy to a 70–90% range of statutory EPSA, offering more flexibility for future dividends.

Future strategy continues to emphasise strengthening international client relationships, growing work referred from the US, Europe, China, Japan and Korea, and supporting staff development across its global network. Management is confident IPH’s diversified revenue base and international reach position it well for long-term, sustainable growth.

IPH Ltd share price snapshot

Over the past 12 months, the IPH share price has underperformed the S&P/ASX 200 index (ASX: XJO) with a decline of 25%.

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The post IPH Ltd FY26 earnings: resilient profit growth and higher dividend appeared first on The Motley Fool Australia.

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Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended IPH Ltd. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

Experts are always on the lookout for potential ASX share investment opportunities. With recent volatility, there may be some very undervalued stocks out there.

We’re going to look at two ideas that are positively rated by analysts and could deliver significant returns within the next year.

Projections are not guaranteed returns, of course, but the below names could be ones to watch closely because they could achieve strong double-digit capital growth in the year ahead.

Judo Capital Holdings Ltd (ASX: JDO)

Judo is a bank that focuses on providing loans to small and medium enterprises (SME), with a significant portion of funding coming from term deposits from self-managed superannuation funds (SMSFs), individuals and businesses.

The business recently reported its FY26 result, which included a number of positives.

Gross loans and advances (GLA) grew 18% to $14.7 billion and deposits rose 24% to $12.2 billion.

The net interest margin (NIM), a measure of its loan profitability in percentage terms, saw an improvement of 20 basis points (0.20%) to 3.13%.

Impressively, the cost-to-income ratio improved by a whopping 710 basis points (7.10%) to 45.3% thanks to ongoing operating leverage.

Despite some high-profile loan impairments, the company was still able to report statutory net profit growth of 29% to $111.1 million and profit before tax growth of 34% to $168.1 million.

In FY27, the ASX share is expecting a broadly stable NIM, stronger-than-the-market loan growth, continued improvement of the cost-to-income ratio and profit before tax growth of between 25% to 31% to a range of $210 million to $220 million.

According to CMC Invest, there have been eight ratings on the business within the last three months. The average price target from those eight analysts is $1.47, implying a possible rise of around 45% over the next year.

Aeris Resources Ltd (ASX: AIS)

Aeris Resources is another ASX share with positive analyst views on the business.

It’s an ASX mining share that produces copper, gold and silver. It said that its copper and gold production for FY27 will be broadly similar to FY26, though silver production is expected to reduce.

However, growth capital expenditure is expected to be significantly higher due to construction and waste stripping at the Constellation project. Exploration spending will also ramp up in FY27 – it could as much as double – with significant drilling programs.

I think the ASX share is exposed to promising long-term tailwinds for both copper and gold. Copper has demand tailwinds such as regular economic growth (such as house building and city expansion), growth of electricity grids, data centres, AI and so on.

According to CMC Invest, there have been six ratings on the business within the last three months. The average price target is 67 cents, suggesting a possible rise of 63% over the next year.

The post 2 ASX shares tipped to grow 40% or more in the next 12 months appeared first on The Motley Fool Australia.

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Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.