SEEK Limited

ASX:SEK Stock Report

Market Cap: AU$7.9b

SEEK Valuation

Is SEK undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of SEK when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: SEK (A$22.34) is trading below our estimate of fair value (A$25.62)

Significantly Below Fair Value: SEK is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for SEK?

Key metric: As SEK is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for SEK. This is calculated by dividing SEK's market cap by their current revenue.
What is SEK's PS Ratio?
PS Ratio7.3x
SalesAU$1.08b
Market CapAU$7.94b

Price to Sales Ratio vs Peers

How does SEK's PS Ratio compare to its peers?

The above table shows the PS ratio for SEK vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average9.3x
CAR CAR Group
12.9x9.4%AU$14.1b
REA REA Group
18.3x7.2%AU$30.7b
DHG Domain Holdings Australia
3.9x6.6%AU$1.5b
HPG hipages Group Holdings
2.1x9.6%AU$161.5m
SEK SEEK
7.3x7.9%AU$7.9b

Price-To-Sales vs Peers: SEK is good value based on its Price-To-Sales Ratio (7.3x) compared to the peer average (9.3x).

Price to Sales Ratio vs Industry

How does SEK's PS Ratio compare vs other companies in the Global Interactive Media and Services Industry?

43 CompaniesPrice / SalesEstimated GrowthMarket Cap
SEK 7.3xIndustry Avg. 1.6xNo. of Companies56PS01.63.24.86.48+
43 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: SEK is expensive based on its Price-To-Sales Ratio (7.3x) compared to the Global Interactive Media and Services industry average (1.6x).

Price to Sales Ratio vs Fair Ratio

What is SEK's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

SEK PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio7.3x
Fair PS Ratio4x

Price-To-Sales vs Fair Ratio: SEK is expensive based on its Price-To-Sales Ratio (7.3x) compared to the estimated Fair Price-To-Sales Ratio (4x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst SEK forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentAU$22.34
AU$25.10
+12.4%
15.7%AU$30.00AU$19.00n/a13
Dec ’25AU$26.12
AU$25.10
-3.9%
15.7%AU$30.00AU$19.00n/a13
Nov ’25AU$24.44
AU$24.52
+0.3%
15.4%AU$29.20AU$19.00n/a13
Oct ’25AU$24.71
AU$23.47
-5.0%
13.5%AU$28.00AU$19.00n/a13
Sep ’25AU$23.05
AU$23.14
+0.4%
13.4%AU$28.00AU$19.00n/a14
Aug ’25AU$22.55
AU$24.52
+8.7%
14.1%AU$31.00AU$20.00n/a14
Jul ’25AU$21.11
AU$26.54
+25.7%
11.7%AU$31.00AU$20.00n/a14
Jun ’25AU$22.44
AU$26.56
+18.3%
12.5%AU$31.00AU$19.00n/a14
May ’25AU$23.69
AU$26.56
+12.1%
12.5%AU$31.00AU$19.00n/a14
Apr ’25AU$25.05
AU$26.53
+5.9%
12.5%AU$31.00AU$19.00n/a14
Mar ’25AU$26.10
AU$26.53
+1.6%
12.5%AU$31.00AU$19.00n/a14
Feb ’25AU$24.96
AU$26.55
+6.4%
9.8%AU$29.60AU$19.00n/a13
Jan ’25AU$26.73
AU$26.22
-1.9%
10.0%AU$29.00AU$19.00n/a13
Dec ’24AU$23.83
AU$26.22
+10.0%
10.0%AU$29.00AU$19.00AU$26.1213
Nov ’24AU$20.77
AU$25.82
+24.3%
11.1%AU$29.50AU$19.00AU$24.4414
Oct ’24AU$22.07
AU$25.82
+17.0%
11.1%AU$29.50AU$19.00AU$24.7114
Sep ’24AU$23.13
AU$25.82
+11.6%
11.1%AU$29.50AU$19.00AU$23.0514
Aug ’24AU$25.22
AU$26.71
+5.9%
11.5%AU$31.10AU$20.77AU$22.5514
Jul ’24AU$21.72
AU$26.62
+22.6%
12.6%AU$33.30AU$20.77AU$21.1114
Jun ’24AU$23.66
AU$27.32
+15.5%
13.4%AU$34.80AU$20.77AU$22.4415
May ’24AU$24.13
AU$27.72
+14.9%
13.8%AU$34.80AU$20.77AU$23.6915
Apr ’24AU$23.92
AU$27.52
+15.1%
12.6%AU$34.80AU$22.60AU$25.0514
Mar ’24AU$23.82
AU$27.15
+14.0%
13.8%AU$34.80AU$20.93AU$26.1015
Feb ’24AU$24.08
AU$26.88
+11.6%
17.3%AU$35.10AU$19.50AU$24.9615
Jan ’24AU$20.95
AU$27.07
+29.2%
17.0%AU$35.10AU$20.70AU$26.7315
Dec ’23AU$22.65
AU$27.04
+19.4%
17.5%AU$35.10AU$20.70AU$23.8315

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 02:31
End of Day Share Price 2024/12/20 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

SEEK Limited is covered by 36 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Russell WrightAPP Securities Pty Ltd.
Russell WrightBarclay Pearce Capital Pty Limited
Aryan NoroziBarrenjoey Markets Pty Limited