Stock SIQ SMARTGROUP CORPORATION LTD
Add to a list
To use this feature you must be a member
Log inSign up

Financials Smartgroup Corporation Ltd

Equities

SIQ

AU000000SIQ4

Employment Services

Market Closed - Australian S.E.
Other stock markets
 02:10:46 2024-04-30 am EDT 		5-day change 1st Jan Change
9.59 AUD -2.24% Intraday chart for Smartgroup Corporation Ltd -3.33% +9.98%
03:10am Bell Potter Starts SmartGroup at Buy, Price Target is AU$11 MT
Feb. 21 Smartgroup Shares Climb 3% as H1 FY24 Revenue Grows 12%, Profit Rises MT

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 893.3 885.3 1,003 660.7 1,132 1,275 - -
Enterprise Value (EV) 1 929.3 895.1 999.7 687.8 1,164 1,300 1,282 1,265
P/E ratio 14.6 x 21.4 x 17.1 x 11.3 x 18.7 x 17.9 x 16.1 x 15.1 x
Yield 6.2% 5.05% 4.71% 6.27% 3.61% 4.86% 5.36% 5.66%
Capitalization / Revenue 3.58 x 4.09 x 4.52 x 2.94 x 4.5 x 4.39 x 4.11 x 3.94 x
EV / Revenue 3.72 x 4.14 x 4.51 x 3.06 x 4.63 x 4.48 x 4.14 x 3.91 x
EV / EBITDA 7.86 x 9.38 x 9.71 x 7.36 x 11.6 x 11.3 x 10.1 x 9.44 x
EV / FCF 9.09 x 16 x 15.3 x 11.4 x - 19.6 x 16.6 x 15.5 x
FCF Yield 11% 6.27% 6.53% 8.78% - 5.11% 6.01% 6.44%
Price to Book 3.3 x 3.27 x 3.77 x 2.75 x - 4.98 x 4.65 x 4.38 x
Nbr of stocks (in thousands) 128,724 129,624 129,475 129,554 129,798 129,981 - -
Reference price 2 6.940 6.830 7.750 5.100 8.720 9.810 9.810 9.810
Announcement Date 2/19/20 2/24/21 2/17/22 2/22/23 2/20/24 - - -
1AUD in Million2AUD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 249.8 216.3 221.8 224.7 251.6 290.3 310 323.6
EBITDA 1 118.2 95.4 103 93.4 100.3 115.5 127 134
EBIT 1 92.7 69.77 90.58 85.73 92.4 105.9 117.2 123.7
Operating Margin 37.1% 32.26% 40.84% 38.15% 36.72% 36.47% 37.82% 38.25%
Earnings before Tax (EBT) 1 88.71 61.52 85.17 83.58 88.1 102.2 115.3 123.3
Net income 1 61.45 41.32 58.81 58.78 61.9 72.25 80.16 85.35
Net margin 24.6% 19.11% 26.52% 26.16% 24.6% 24.89% 25.86% 26.38%
EPS 2 0.4760 0.3190 0.4540 0.4530 0.4661 0.5486 0.6085 0.6515
Free Cash Flow 1 102.2 56.09 65.29 60.37 - 66.44 77.02 81.45
FCF margin 40.92% 25.93% 29.44% 26.87% - 22.88% 24.85% 25.17%
FCF Conversion (EBITDA) 86.49% 58.79% 63.39% 64.64% - 57.54% 60.63% 60.78%
FCF Conversion (Net income) 166.36% 135.73% 111.01% 102.71% - 91.96% 96.09% 95.42%
Dividend per Share 2 0.4300 0.3450 0.3650 0.3200 0.3150 0.4764 0.5262 0.5550
Announcement Date 2/19/20 2/24/21 2/17/22 2/22/23 2/20/24 - - -
1AUD in Million2AUD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2019 S2 2021 S1 2021 S2 2022 S1 2022 S2 2023 S1 2023 S2 2024 S1 2024 S2 2025 S1 2025 S2 2026 S1
Net sales 1 123.9 - 112.4 113.6 111.1 116.6 135 147.2 158 160.5 166 169.1
EBITDA 58.96 - 53.53 - - 46.61 53.29 - - - - -
EBIT 1 - - 49.3 45.52 40.21 42.72 49.09 54.01 60.86 63.25 67.22 69.05
Operating Margin - - 43.87% 40.08% 36.18% 36.63% 36.37% 36.68% 38.51% 39.4% 40.5% 40.85%
Earnings before Tax (EBT) 1 - - 46.35 44.67 38.91 41.64 46.46 52.06 59.13 61.92 65.89 68.23
Net income - 26.55 32.26 - - - 32.96 - - - - -
Net margin - - 28.71% - - - 24.42% - - - - -
EPS 2 - 0.2050 0.2490 0.2380 0.2150 0.2230 0.2431 0.2780 0.3158 0.3307 0.3519 0.3644
Dividend per Share 0.2100 0.1750 - - - 0.1550 - - - - - -
Announcement Date 2/19/20 8/19/21 2/17/22 8/25/22 2/22/23 8/23/23 2/20/24 - - - - -
1AUD in Million2AUD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 35.9 9.72 - 27.1 31.9 24.9 7.27 -
Net Cash position 1 - - 3.77 - - - - 9.74
Leverage (Debt/EBITDA) 0.304 x 0.1019 x - 0.2899 x 0.318 x 0.2156 x 0.0572 x -
Free Cash Flow 1 102 56.1 65.3 60.4 - 66.4 77 81.4
ROE (net income / shareholders' equity) 28.5% 23.8% 25.9% 24.2% 26.1% 28.8% 30.6% 30.8%
ROA (Net income/ Total Assets) 17.3% 14.8% 17% 15% 15.4% 17.1% 18.4% 18.7%
Assets 1 355.5 279.3 345.6 391 403.2 422.4 436.6 456.6
Book Value Per Share 2 2.100 2.090 2.060 1.850 - 1.970 2.110 2.240
Cash Flow per Share 2 0.8000 0.4400 0.5300 0.5100 - 0.5800 0.6700 0.7000
Capex 1 0.88 1.15 3.61 5.77 - 11.8 11 11.3
Capex / Sales 0.35% 0.53% 1.63% 2.57% - 4.07% 3.54% 3.5%
Announcement Date 2/19/20 2/24/21 2/17/22 2/22/23 2/20/24 - - -
1AUD in Million2AUD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for Smartgroup Corporation Ltd

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
10
Last Close Price
9.81 AUD
Average target price
10.19 AUD
Spread / Average Target
+3.90%
Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Outsourcing & Staffing Services

1st Jan change Capi.
SMARTGROUP CORPORATION LTD Stock Smartgroup Corporation Ltd
+9.98% 836M
RECRUIT HOLDINGS CO., LTD Stock Recruit Holdings Co., Ltd
+15.75% 65.29B
PAYCHEX, INC. Stock Paychex, Inc.
+1.43% 43.49B
TRINET GROUP, INC. Stock TriNet Group, Inc.
-13.13% 5.22B
BENEFIT ONE INC. Stock Benefit One Inc.
+2.00% 2.19B
TECHNOPRO HOLDINGS, INC. Stock TechnoPro Holdings, Inc.
-27.32% 1.95B
MEITEC GROUP HOLDINGS INC. Stock MEITEC Group Holdings Inc.
+4.40% 1.47B
OUTSOURCING INC. Stock OUTSOURCING Inc.
+0.49% 1.41B
SMS CO., LTD. Stock SMS Co., Ltd.
-24.16% 1.26B
OPEN UP GROUP INC. Stock Open Up Group Inc.
-14.43% 1.12B
Outsourcing & Staffing Services
  1. Stock Market
  2. Equities
  3. SIQ Stock
  4. Financials Smartgroup Corporation Ltd