Steadfast Group (ASX:SDF) - Stock Price, News & Analysis

SDF Stock Overview

Steadfast Group Limited provides general insurance brokerage services Australasia, Asia, and Europe.

SDF fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	2/6
Past Performance	4/6
Financial Health	5/6
Dividends	4/6

Rewards

Trading at 10.1% below our estimate of its fair value

Earnings are forecast to grow 10.58% per year

Earnings have grown 30.9% per year over the past 5 years

Risk Analysis

Unstable dividend track record

Shareholders have been diluted in the past year

Steadfast Group Limited Competitors

AUB Group

ASX:AUB

AU$3.0b

PSC Insurance Group

ASX:PSI

AU$1.9b

nib holdings

ASX:NHF

AU$3.7b

Medibank Private

ASX:MPL

AU$10.1b

Price History & Performance

Summary of all time highs, changes and price drops for Steadfast Group
Historical stock prices
Current Share Price	AU$5.54
52 Week High	AU$6.18
52 Week Low	AU$5.13
Beta	0.72
1 Month Change	-2.46%
3 Month Change	-1.25%
1 Year Change	-6.73%
3 Year Change	31.90%
5 Year Change	64.39%
Change since IPO	290.14%

Recent updates

Do Steadfast Group's (ASX:SDF) Earnings Warrant Your Attention?

Apr 06

Steadfast Group Limited's (ASX:SDF) Share Price Not Quite Adding Up

Mar 20

Steadfast Group (ASX:SDF) Has Announced A Dividend Of A$0.0675

Mar 01

Risks To Shareholder Returns Are Elevated At These Prices For Steadfast Group Limited (ASX:SDF)

Dec 19

Steadfast Group (ASX:SDF) Will Pay A Larger Dividend Than Last Year At A$0.09

Aug 19

Steadfast Group (ASX:SDF) Will Pay A Larger Dividend Than Last Year At A$0.078

Aug 19

News Flash: Analysts Just Made A Sizeable Upgrade To Their Steadfast Group Limited (ASX:SDF) Forecasts

Aug 18

With EPS Growth And More, Steadfast Group (ASX:SDF) Makes An Interesting Case

Jul 04

Here's Why I Think Steadfast Group (ASX:SDF) Is An Interesting Stock

Mar 15

Steadfast Group's (ASX:SDF) Upcoming Dividend Will Be Larger Than Last Year's

Feb 25

Analysts' Revenue Estimates For Steadfast Group Limited (ASX:SDF) Are Surging Higher

Aug 22

Revenue Beat: Steadfast Group Limited Exceeded Revenue Forecasts By 5.6% And Analysts Are Updating Their Estimates

Aug 19

Don't Race Out To Buy Steadfast Group Limited (ASX:SDF) Just Because It's Going Ex-Dividend

Feb 25

Shareholders Of Steadfast Group (ASX:SDF) Must Be Happy With Their 173% Total Return

Feb 22

How Much Is Steadfast Group's (ASX:SDF) CEO Getting Paid?

Jan 28

What Kind Of Shareholders Own Steadfast Group Limited (ASX:SDF)?

Jan 07

Have Insiders Been Selling Steadfast Group Limited (ASX:SDF) Shares?

Dec 17

Zooming in on ASX:SDF's 2.4% Dividend Yield

Nov 26

Should You Buy Steadfast Group Limited (ASX:SDF) For Its 2.6% Dividend?

Jul 21

What Kind Of Shareholder Appears On The Steadfast Group Limited's (ASX:SDF) Shareholder Register?

Jun 25

Shareholder Returns

	SDF	AU Insurance	AU Market
7D	-2.8%	-1.2%	-2.2%
1Y	-6.7%	16.2%	4.5%

Return vs Industry: SDF underperformed the Australian Insurance industry which returned 16.6% over the past year.

Return vs Market: SDF underperformed the Australian Market which returned 4% over the past year.

Price Volatility

Is SDF's price volatile compared to industry and market?
SDF volatility
SDF Average Weekly Movement	2.7%
Insurance Industry Average Movement	3.4%
Market Average Movement	9.0%
10% most volatile stocks in AU Market	17.6%
10% least volatile stocks in AU Market	3.4%

Stable Share Price: SDF has not had significant price volatility in the past 3 months.

Volatility Over Time: SDF's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1996	n/a	Robert Kelly	www.steadfast.com.au

Steadfast Group Limited provides general insurance brokerage services Australasia, Asia, and Europe. It also offers insurance underwriting services and related services. The company provides various business insurance products, such as aviation, business pack and interruption, contract works, corporate travel, cyber, events, farm, marine, management and product liability, professional indemnity, public liability, trade credit, and workers’ compensation insurance.

Steadfast Group Limited Fundamentals Summary

How do Steadfast Group's earnings and revenue compare to its market cap?
SDF fundamental statistics
Market cap	AU$6.11b
Earnings (TTM)	AU$204.90m
Revenue (TTM)	AU$1.58b

29.8x

P/E Ratio

3.9x

P/S Ratio

Is SDF overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SDF income statement (TTM)
Revenue	AU$1.58b
Cost of Revenue	AU$833.00m
Gross Profit	AU$744.60m
Other Expenses	AU$539.70m
Earnings	AU$204.90m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Aug 28, 2024

Earnings per share (EPS)	0.19
Gross Margin	47.20%
Net Profit Margin	12.99%
Debt/Equity Ratio	48.3%

How did SDF perform over the long term?

See historical performance and comparison

Dividends

2.8%

Current Dividend Yield

81%

Payout Ratio

SDF Stock Overview

Rewards

Risk Analysis

Steadfast Group Limited Competitors

ASX:AUB

AU$3.0b

ASX:PSI

AU$1.9b

ASX:NHF

AU$3.7b

ASX:MPL

AU$10.1b

Price History & Performance

Recent News & Updates

Do Steadfast Group's (ASX:SDF) Earnings Warrant Your Attention?

Steadfast Group Limited's (ASX:SDF) Share Price Not Quite Adding Up

Steadfast Group (ASX:SDF) Has Announced A Dividend Of A$0.0675

First half dividend increased to AU$0.068

First half 2024 earnings released: EPS: AU$0.096 (vs AU$0.085 in 1H 2023)

Steadfast Group Limited has completed a Follow-on Equity Offering in the amount of AUD 68.125925 million.

Recent updates

Do Steadfast Group's (ASX:SDF) Earnings Warrant Your Attention?

Steadfast Group Limited's (ASX:SDF) Share Price Not Quite Adding Up

Steadfast Group (ASX:SDF) Has Announced A Dividend Of A$0.0675

First half dividend increased to AU$0.068

First half 2024 earnings released: EPS: AU$0.096 (vs AU$0.085 in 1H 2023)

Steadfast Group Limited has completed a Follow-on Equity Offering in the amount of AUD 68.125925 million.

Risks To Shareholder Returns Are Elevated At These Prices For Steadfast Group Limited (ASX:SDF)

Steadfast Group Limited has completed a Follow-on Equity Offering in the amount of AUD 275.642028 million.

Steadfast Group Limited, Annual General Meeting, Nov 01, 2024

Steadfast Group Limited (ASX:SDF) entered into an agreement to acquire 70% stake in Combined Agency Group Pty Limited for approximately AUD 280 million.

New minor risk - Shareholder dilution

Steadfast Group Limited has filed a Follow-on Equity Offering.

Steadfast Group Limited Appoints Andrew Bloore as A Director

Steadfast Group Limited (ASX:SDF) acquired ISU Group for $55 million.

Non-Executive Independent Chairman recently bought AU$305k worth of stock

Steadfast Group Limited Announces Executive Changes

New minor risk - Dividend sustainability

Steadfast Group (ASX:SDF) Will Pay A Larger Dividend Than Last Year At A$0.09

Full year 2023 earnings released: EPS: AU$0.18 (vs AU$0.18 in FY 2022)

Javelin Limited acquired Underwriter Central and Insurance Connect businesses of Steadfast Group.

Steadfast Group Limited Appoints Duncan Ramsay as Additional Company Secretary

Co-Founder recently sold AU$2.0m worth of stock

Non-Executive Independent Chairman recently sold AU$290k worth of stock

First half 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Steadfast Group Limited Updates Earnings Guidance for the Full Year 2023

Steadfast Group Limited to Report Fiscal Year 2023 Results on Aug 17, 2023

Steadfast Group Limited to Report First Half, 2023 Results on Feb 22, 2023

Non-Executive Independent Chairman recently sold AU$609k worth of stock

Now 20% undervalued after recent price drop

Key Executive recently sold AU$306k worth of stock

Co-Founder exercised options and sold AU$68k worth of stock

Steadfast Group Limited (ASX:SDF) Completed the acquisition of Insurance Brands Australia Pty Limited.

Consensus revenue estimates increase by 15%

Steadfast Group (ASX:SDF) Will Pay A Larger Dividend Than Last Year At A$0.078

News Flash: Analysts Just Made A Sizeable Upgrade To Their Steadfast Group Limited (ASX:SDF) Forecasts

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Steadfast Group Limited (ASX:SDF) entered into an agreement to acquire Insurance Brands Australia Pty Limited for AUD 301 million.

Steadfast Group Limited Announces Dividend for the Period of Six Months Ended 30 June 2022, Payable on 9 September 2022

Steadfast Group Limited Appoints Ms Joan Cleary as A Director , Effective from 28 July 2022

With EPS Growth And More, Steadfast Group (ASX:SDF) Makes An Interesting Case

Non-Executive Independent Director recently sold AU$351k worth of stock

Insufficient new directors

Co-Founder recently sold AU$477k worth of stock

Independent Non-Executive Director recently bought AU$58k worth of stock

Here's Why I Think Steadfast Group (ASX:SDF) Is An Interesting Stock

Now 20% undervalued after recent price drop

Steadfast Group's (ASX:SDF) Upcoming Dividend Will Be Larger Than Last Year's

First half 2022 earnings: EPS exceeds analyst expectations

Steadfast Group Retirement of Philip Purcell as Director

Insufficient new directors

Co-Founder recently sold AU$1.5m worth of stock

Non-Executive Independent Chairman recently bought AU$470k worth of stock

Co-Founder exercised options and sold AU$1.4m worth of stock

Price target increased to AU$4.89

Analysts' Revenue Estimates For Steadfast Group Limited (ASX:SDF) Are Surging Higher

Steadfast Group Limited (ASX:SDF) completed the acquisition of Coverforce Holdco Pty Limited from Jim Angelis and Management for approximately AUD 420 million.

Revenue Beat: Steadfast Group Limited Exceeded Revenue Forecasts By 5.6% And Analysts Are Updating Their Estimates

Full year 2021 earnings released: EPS AU$0.17 (vs AU$0.065 loss in FY 2020)

Consensus forecasts updated