Quality: Moderate

aal

AAL: Mining Equipment Specialist - Coal's Countdown, Infrastructure's Last Chance

Updated 8 Oct 2025

Trading at $0.45 vs fair value $0.46 (+2.2% upside), AAL faces 47% coal revenue exposure with 3-5 year transformation window. EBITDA margins compress 690bps to 21.9% as competitive advantages erode.

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