While much of the ASX has recovered at least some of the ground lost during COVID-19, this has not been the case with the industrials sector.

This sector includes construction, engineering and machinery firms as well as trading companies and distributors in the field.

On average, industrials stocks are down 28 per cent in 2020 and even in June have lagged another 8 per cent.

Code Name Price (I) YTD % Return 1 Month % Return Market Cap
AEI AERIS ENVIRONMENTAL LTD 0.600 81.25 -4.13 140.68M
MSI MULTISTACK INTERNATIONAL LTD 0.010 66.67 -16.67 1.12M
SND SAUNDERS INTERNATIONAL LTD 0.500 56.25 13.64 52.36M
1AG ALTERRA LTD 0.039 18.18 2.63 5.88M
KOV KORVEST LTD 4.000 18.10 1.27 45.09M
XRF XRF SCIENTIFIC LTD 0.260 10.87 10.87 34.13M
LAU LINDSAY AUSTRALIA LTD 0.355 4.60 -1.39 106.25M
T3D 333D LTD 0.001 0.00 0.00 1.07M
POW PROTEAN ENERGY LTD 0.005 0.00 -16.67 1.56M
BPP BABYLON PUMP & POWER LTD 0.017 0.00 13.33 14.24M
NAM NAMOI COTTON LTD 0.305 -1.61 -3.17 42.80M
SRH SAFEROADS HOLDINGS LTD 0.200 -2.44 33.33 7.28M
AIR ASTIVITA LTD 0.700 -2.78 -24.73 13.31M
MIL MILLENNIUM SERVICES GROUP LTD 0.395 -3.66 2.60 18.14M
HRL HRL HOLDINGS LTD 0.105 -4.35 37.50 54.27M
ACF ACROW FORMWORK AND CONSTRUCT 0.310 -4.48 8.47 69.86M
EMB EMBELTON LTD 10.000 -7.41 -16.67 21.58M
LYL LYCOPODIUM LTD 4.760 -13.17 -0.21 185.55M
KTG K-TIG LTD 0.195 -13.33 34.48 28.20M
TPP TEMPO AUSTRALIA LTD 0.041 -16.33 -24.07 14.87M
ECL EXCELSIOR CAPITAL LTD 1.180 -18.24 0.00 34.21M
VEE VEEM LTD 0.395 -19.06 -4.82 51.35M
RFT RECTIFIER TECHNOLOGIES LTD 0.037 -19.57 -9.76 50.64M
SST STEAMSHIPS TRADING COMPANY 9.750 -20.04 8.33 302.33M
OLH OLDFIELDS HOLDINGS LTD 0.070 -22.22 0.00 11.74M
PGX PRIMERO GROUP LTD 0.270 -22.86 17.39 46.36M
EGN ENGENCO LTD 0.450 -23.60 0.00 141.02M
PG1 PEARL GLOBAL LTD 0.080 -23.81 3.90 20.10M
FBR FBR LTD 0.046 -24.44 54.55 61.13M
SXE SOUTHERN CROSS ELECTRICAL 0.440 -24.79 -3.30 108.95M
IVT INVENTIS LTD 0.003 -25.00 -40.00 2.81M
MAD MADER GROUP LTD 0.780 -25.34 2.63 156.00M
BOL BOOM LOGISTICS LTD 0.098 -25.88 7.69 41.92M
BSA BSA LTD 0.300 -26.41 11.76 123.23M
AMA AMA GROUP LTD 0.635 -28.49 -3.76 469.70M
LCM LOGICAMMS LTD 0.130 -29.73 0.00 26.13M
SGF SG FLEET GROUP LTD 1.700 -29.94 -1.16 445.67M
CLQ CLEAN TEQ HOLDINGS LTD 0.140 -31.71 -26.32 104.50M
ARA ARIADNE AUSTRALIA LTD 0.425 -33.05 -10.87 80.46M
ECT ENVIRONMENTAL CLEAN TECHNOLO 0.001 -33.33 -50.00 9.60M
ZGL ZICOM GROUP LTD 0.050 -39.02 0.00 10.86M
CPV CLEARVUE TECHNOLOGIES LTD 0.120 -39.47 -20.69 12.78M
EGY ENERGY TECHNOLOGIES LTD 0.127 -40.00 -25.00 11.87M
ANG AUSTIN ENGINEERING LTD 0.130 -40.17 -3.70 75.27M
PPK PPK GROUP LTD 3.080 -40.37 -32.82 259.43M
A2B A2B AUSTRALIA LTD 0.800 -41.39 -6.78 99.36M
FLC FLUENCE CORP LTD 0.245 -41.86 -12.28 156.21M
LBL LASERBOND LTD 0.400 -42.83 -4.76 38.17M
MXI MAXITRANS INDUSTRIES LTD 0.125 -43.18 -21.87 23.13M
EGL ENVIRONMENTAL GROUP LTD/THE 0.023 -43.90 -8.00 5.00M
RFX REDFLOW LTD 0.024 -45.45 -22.58 21.99M
ROO ROOTS SUSTAINABLE AGRICU-CDI 0.016 -46.67 -20.00 2.58M
AJL AJ LUCAS 0.035 -49.28 -27.08 41.87M
VMG VDM GROUP LTD 0.001 -50.00 -33.33 6.93M
AWN AWN HOLDINGS LTD 0.280 -50.00 16.67 11.07M
CYG COVENTRY GROUP LTD 0.550 -50.89 -26.67 49.39M
CDD CARDNO LTD 0.230 -51.58 -17.86 102.81M
SRG SRG GLOBAL LTD 0.245 -51.72 -2.56 84.70M
ECG ECARGO HOLDINGS LTD 0.020 -52.38 -31.03 12.31M
EHL EMECO HOLDINGS LTD 0.983 -53.74 -5.24 366.71M
ITG INTEGA GROUP LTD 0.220 -53.93 -21.43 97.96M
14D 1414 DEGREES LTD 0.095 -54.76 -36.67 16.43M
3DA AMAERO INTERNATIONAL LTD 0.155 -55.07 0.00 27.10M
RGI ROTO-GRO INTERNATIONAL LTD 0.047 -56.67 -22.39 7.75M
M8S M8 SUSTAINABLE LTD 0.085 -61.36 -12.37 19.82M
PET PHOSLOCK ENVIRONMENTAL TECHNOLGIES 0.290 -62.73 -40.59 187.50M
EVZ EVZ LTD 0.073 -65.24 -6.41 7.02M
CFO CFOAM LTD 0.029 -65.48 -42.00 5.57M
DCG DECMIL GROUP LTD 0.059 -69.46 -36.56 79.55M
TPS THREAT PROTECT AUSTRALIA LTD 0.044 -70.67 -2.22 10.60M
ENE ENEVIS LTD 0.037 -77.58 -7.50 3.70M
AL3 AML3D LTD 0.150 -17.14 19.19M

 

However, there have been some bright spots in recent weeks, with some set to emerge from the second quarter in better shape than they entered.

Client wins have been a big help for some. Homebuilding robot maker FBR (ASX:FBR) has continued to rally since signing a West Australian display home builder as a client. It also helped it had good news earlier in June that its robots had reached commercial layspeed.

Precision welding technology stock K-Tig (ASX:KTG) has also gone on a run this month. The major catalyst has been a memorandum of understanding with Bisalloy Steels, announced a fortnight ago, for the pair to work on advanced steel manufacturing for government defence projects.

Scaffolding provider Acrow Formwork & Construction Services (ASX:ACF) is another winner this month, albeit with a more modest 10 per cent gain.

The company’s share price has climbed higher off the back of several high-profile public sector contract wins. Acrow expects to grow its order book further as governments spend more to help the economy recover from COVID-19.

“If projects are government funded and you’ve got a big exposure to government-funded projects, I think you’re actually going to be in for a pretty good time and that’s the way we see it — we’ve got major exposure there,” managing director Steven Boland stold Stockhead.

“If you’re in a part of the industry more exposed to privately funded projects, there’s no doubt that privately funded projects are going to be under some pressure in the next period of time.”

 

Lockdown easing helps

Other stocks have also gained as lockdown restrictions have eased.

Environmental and laboratory testing service provider HRL Holdings (ASX:HRL) has surged 39 per cent in the last month.

Its rally has come since COVID-19 restrictions were completely lifted in New Zealand, where its factories are located.

Traffic equipment provider Saferoads (ASX:SRH) has also benefited from the easing of restrictions.

While the company noted it had seen reduced orders, it said the relaxing of measures such as enforcing people to stay at home would be a good thing. Saferoads is still forecasting a profit before tax this financial year.