Smartgroup (SIQ) Stock Overview
Provides employee management services in Australia. More details
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 2/6 |
| Past Performance | 3/6 |
| Financial Health | 5/6 |
| Dividends | 3/6 |
SIQ Community Fair Values
Create NarrativeSee what 56 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Smartgroup Corporation Ltd Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$12.79 |
| 52 Week High | AU$12.80 |
| 52 Week Low | AU$7.22 |
| Beta | 0.63 |
| 1 Month Change | 12.29% |
| 3 Month Change | 53.73% |
| 1 Year Change | 72.84% |
| 3 Year Change | 64.18% |
| 5 Year Change | 79.63% |
| Change since IPO | 785.12% |
Recent News & Updates
New Narrative • Jun 26
Digital Investment And Partnerships Will Support A Long Runway For Future Earnings
Catalysts About Smartgroup Smartgroup provides salary packaging, novated leasing, and fleet management solutions to Australian employers and their employees. What are the underlying business or industry changes driving this perspective?
Narrative Update • Jun 18
SIQ: EV Incentives And Buyback Plans Will Support A Cautious Overvaluation View
Analysts have modestly raised their Smartgroup price target to A$10.82 from A$10.59, citing updated assumptions on discount rates, revenue growth, profit margins, and future P/E multiples following recent research. What’s in the News for Smartgroup Smartgroup shares are trading near a 52 week high, with recent interest linked to Australian government electric vehicle salary packaging incentives that support demand for the company’s novated leasing services.
New Narrative • Jun 12
Policy Reliance And Execution Risks Will Challenge This Salary Packaging Business
Catalysts About Smartgroup Smartgroup provides salary packaging, novated leasing, and fleet management services to employers and employees in Australia. What are the underlying business or industry changes driving this perspective?Narrative Update • Jun 01
SIQ: Buy Back And Merger Prospects Will Shape A Fairly Valued Outlook
Analysts have revised their Smartgroup price target higher from A$9.46 to A$10.59, citing updated assumptions around revenue growth, profit margins and a higher future P/E multiple following recent research upgrades. What's in the News Smartgroup has announced an on market share buy back of up to A$20 million following the sale of most of its self funded fleet portfolio, as part of a shift toward a capital light fleet model using external funding partnerships, including Volkswagen Financial Services Australia.Recent updates
New Narrative • Jun 26
Digital Investment And Partnerships Will Support A Long Runway For Future Earnings
Catalysts About Smartgroup Smartgroup provides salary packaging, novated leasing, and fleet management solutions to Australian employers and their employees. What are the underlying business or industry changes driving this perspective?Narrative Update • Jun 18
SIQ: EV Incentives And Buyback Plans Will Support A Cautious Overvaluation View
Analysts have modestly raised their Smartgroup price target to A$10.82 from A$10.59, citing updated assumptions on discount rates, revenue growth, profit margins, and future P/E multiples following recent research. What’s in the News for Smartgroup Smartgroup shares are trading near a 52 week high, with recent interest linked to Australian government electric vehicle salary packaging incentives that support demand for the company’s novated leasing services.New Narrative • Jun 12
Policy Reliance And Execution Risks Will Challenge This Salary Packaging Business
Catalysts About Smartgroup Smartgroup provides salary packaging, novated leasing, and fleet management services to employers and employees in Australia. What are the underlying business or industry changes driving this perspective?Narrative Update • Jun 01
SIQ: Buy Back And Merger Prospects Will Shape A Fairly Valued Outlook
Analysts have revised their Smartgroup price target higher from A$9.46 to A$10.59, citing updated assumptions around revenue growth, profit margins and a higher future P/E multiple following recent research upgrades. What's in the News Smartgroup has announced an on market share buy back of up to A$20 million following the sale of most of its self funded fleet portfolio, as part of a shift toward a capital light fleet model using external funding partnerships, including Volkswagen Financial Services Australia.Narrative Update • Apr 27
SIQ: Dividends And Potential Merger Will Shape A Fairly Valued Outlook
Analysts have nudged their price target for Smartgroup slightly higher to A$9.46 from A$9.44, reflecting small adjustments to assumptions around discount rates, revenue growth, profit margins and future P/E multiples. What's in the News Smartgroup announced a fully franked ordinary dividend of A$0.215 per share for the six months ended 31 December 2025, with an ex date of 5 March 2026, a record date of 6 March 2026, and a payment date of 20 March 2026 (company announcement).Narrative Update • Apr 13
SIQ: Dividends And Potential Merger Will Shape A Balanced Outlook
Analysts have kept Smartgroup's fair value unchanged at A$9.44, with only very small parameter tweaks such as a slightly different discount rate and future P/E assumption, so there is no material change to the overall price target outlook. What's in the News Smartgroup declared a fully franked ordinary dividend of A$0.215 per share for the six months ended December 31, 2025, payable on March 20, 2026, with an ex date of March 5, 2026 and a record date of March 6, 2026 (company announcement).Narrative Update • Mar 30
SIQ: Dividend Payouts And Possible Merger Will Support Future Upside
Analysts have kept their Smartgroup valuation framework broadly unchanged, leaving the implied price target around A$9.44. Small technical adjustments to discount rate, revenue growth, profit margin and future P/E assumptions were largely offsetting.Narrative Update • Mar 16
SIQ: Dividend Income And Potential Merger Will Support Future Upside
Analysts have nudged their Smartgroup price target slightly higher, with fair value moving from A$9.43 to A$9.44 as they refresh assumptions around revenue growth, profit margins and future P/E multiples. What's in the News Smartgroup declared a fully franked ordinary dividend of A$0.215 per share for the six months ended 31 December 2025, with an ex date of 5 March 2026, a record date of 6 March 2026 and payment on 20 March 2026 (company announcement).Narrative Update • Mar 02
SIQ: Fair Outlook Balances Dividend Returns And Potential FleetPartners Merger
Analysts have increased their Smartgroup price target from A$9.12 to A$9.43, reflecting updated assumptions regarding discount rate, revenue growth, profit margins and future P/E multiples. What's in the News Smartgroup declared a fully franked ordinary dividend of A$0.215 per share for the six months ended 31 December 2025, with an ex dividend date of 5 March 2026, a record date of 6 March 2026, and payment scheduled for 20 March 2026 (Key Developments).Analysis Article • Aug 30
The Smartgroup Corporation Ltd (ASX:SIQ) Half-Year Results Are Out And Analysts Have Published New Forecasts
Smartgroup Corporation Ltd ( ASX:SIQ ) missed earnings with its latest interim results, disappointing overly-optimistic...Analysis Article • Aug 29
Smartgroup Corporation Ltd's (ASX:SIQ) Prospects Need A Boost To Lift Shares
Smartgroup Corporation Ltd's ( ASX:SIQ ) price-to-earnings (or "P/E") ratio of 15x might make it look like a buy right...
New Narrative • Mar 13
Expanding Novated Leasing Will Meet Future Electric Vehicle Demand
Targeted digital transformation and enhanced services aim to boost customer acquisition, retention, and revenue from existing clients.Analysis Article • May 01
Returns At Smartgroup (ASX:SIQ) Appear To Be Weighed Down
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'll...Analysis Article • Apr 13
Some Confidence Is Lacking In Smartgroup Corporation Ltd's (ASX:SIQ) P/E
There wouldn't be many who think Smartgroup Corporation Ltd's ( ASX:SIQ ) price-to-earnings (or "P/E") ratio of 21.6x...Analysis Article • Dec 14
Under The Bonnet, Smartgroup's (ASX:SIQ) Returns Look Impressive
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Analysis Article • Jun 08
An Intrinsic Calculation For Smartgroup Corporation Ltd (ASX:SIQ) Suggests It's 48% Undervalued
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Smartgroup Corporation...Analysis Article • Apr 12
Is Smartgroup Corporation Ltd's (ASX:SIQ) 7.2% Dividend Sustainable?
Dividend paying stocks like Smartgroup Corporation Ltd ( ASX:SIQ ) tend to be popular with investors, and for good...Analysis Article • Mar 29
Investors Shouldn't Overlook The Favourable Returns On Capital At Smartgroup (ASX:SIQ)
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Analysis Article • Mar 16
Have Insiders Been Buying Smartgroup Corporation Ltd (ASX:SIQ) Shares This Year?
We often see insiders buying up shares in companies that perform well over the long term. The flip side of that is that...Analysis Article • Mar 03
Do These 3 Checks Before Buying Smartgroup Corporation Ltd (ASX:SIQ) For Its Upcoming Dividend
It looks like Smartgroup Corporation Ltd ( ASX:SIQ ) is about to go ex-dividend in the next 4 days. This means that...Analysis Article • Feb 25
Smartgroup Corporation Ltd's (ASX:SIQ) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Most readers would already be aware that Smartgroup's (ASX:SIQ) stock increased significantly by 15% over the past...Analysis Article • Feb 12
Should You Investigate Smartgroup Corporation Ltd (ASX:SIQ) At AU$7.68?
While Smartgroup Corporation Ltd ( ASX:SIQ ) might not be the most widely known stock at the moment, it saw a...Analysis Article • Feb 01
Smartgroup (ASX:SIQ) Has Compensated Shareholders With A Respectable 93% Return On Their Investment
When we invest, we're generally looking for stocks that outperform the market average. And in our experience, buying...Analysis Article • Jan 19
What Percentage Of Smartgroup Corporation Ltd (ASX:SIQ) Shares Do Insiders Own?
If you want to know who really controls Smartgroup Corporation Ltd ( ASX:SIQ ), then you'll have to look at the makeup...Shareholder Returns
| SIQ | AU Professional Services | AU Market | |
|---|---|---|---|
| 7D | 5.0% | -0.2% | -0.06% |
| 1Y | 72.8% | 4.3% | 2.7% |
Return vs Industry: SIQ exceeded the Australian Professional Services industry which returned 4.3% over the past year.
Return vs Market: SIQ exceeded the Australian Market which returned 2.7% over the past year.
Price Volatility
| SIQ volatility | |
|---|---|
| SIQ Average Weekly Movement | 3.6% |
| Professional Services Industry Average Movement | 7.2% |
| Market Average Movement | 9.9% |
| 10% most volatile stocks in AU Market | 17.1% |
| 10% least volatile stocks in AU Market | 4.0% |
Stable Share Price: SIQ has not had significant price volatility in the past 3 months compared to the Australian market.
Volatility Over Time: SIQ's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1999 | 909 | Scott Wharton | www.smartgroup.com.au |
Smartgroup Corporation Ltd provides employee management services in Australia. It offers Employee benefits, such as outsourced salary packaging services and novated leasing services. Its also provides end-to-end fleet management services.
Smartgroup Corporation Ltd Fundamentals Summary
| SIQ fundamental statistics | |
|---|---|
| Market cap | AU$1.67b |
| Earnings (TTM) | AU$79.44m |
| Revenue (TTM) | AU$329.31m |
21.2x
P/E Ratio5.1x
P/S RatioIs SIQ overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SIQ income statement (TTM) | |
|---|---|
| Revenue | AU$329.31m |
| Cost of Revenue | AU$139.06m |
| Gross Profit | AU$190.25m |
| Other Expenses | AU$110.80m |
| Earnings | AU$79.44m |
Last Reported Earnings
Dec 31, 2025
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.60 |
| Gross Margin | 57.77% |
| Net Profit Margin | 24.12% |
| Debt/Equity Ratio | 29.1% |
How did SIQ perform over the long term?
See historical performance and comparisonDividends
4.1%
Current Dividend Yield67%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/30 11:52 |
| End of Day Share Price | 2026/06/30 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
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 Github.
Analyst Sources
Smartgroup Corporation Ltd is covered by 11 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Hayden Nicholson | Bell Potter |
| Andrew Hodge | Canaccord Genuity |
| Matthew Nicholas | CGS International |