Recent Insider Transactions • Apr 09
Chairman & MD recently bought AU$56k worth of stock On the 1st of April, John Schaffer bought around 3k shares on-market at roughly AU$18.50 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth AU$60k. This was John's only on-market trade for the last 12 months. Reported Earnings • Feb 20
First half 2026 earnings released: EPS: AU$0.37 (vs AU$0.94 in 1H 2025) First half 2026 results: EPS: AU$0.37 (down from AU$0.94 in 1H 2025). Revenue: AU$93.5m (down 17% from 1H 2025). Net income: AU$4.98m (down 61% from 1H 2025). Profit margin: 5.3% (down from 11% in 1H 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. New Risk • Feb 19
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 7.8% Last year net profit margin: 14% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 9.4% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (7.8% net profit margin). Recent Insider Transactions • Jan 19
Non-Executive Independent Director recently bought AU$60k worth of stock On the 13th of January, David Schwartz bought around 3k shares on-market at roughly AU$20.00 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth AU$98k. Insiders have collectively bought AU$287k more in shares than they have sold in the last 12 months. Recent Insider Transactions • Nov 28
Non-Executive Independent Director recently bought AU$98k worth of stock On the 20th of November, David Schwartz bought around 5k shares on-market at roughly AU$19.50 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$264k more in shares than they have sold in the last 12 months. Announcement • Oct 14
Schaffer Corporation Limited, Annual General Meeting, Nov 19, 2025 Schaffer Corporation Limited, Annual General Meeting, Nov 19, 2025. Location: at pagoda resort & spa, 112 melville parade, como,western australia Australia Reported Earnings • Sep 28
Full year 2025 earnings released: EPS: AU$1.79 (vs AU$1.99 in FY 2024) Full year 2025 results: EPS: AU$1.79 (down from AU$1.99 in FY 2024). Revenue: AU$229.7m (up 1.5% from FY 2024). Net income: AU$24.3m (down 10% from FY 2024). Profit margin: 11% (down from 12% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 6% per year. Announcement • Sep 28
Schaffer Corporation Limited Withdraws Profit Guidance for its Automotive Leather Division for the First-Half of Financial Year 2026 Schaffer Corporation Limited announced that it has withdrawn the first-half financial year 2026 profit guidance for its Automotive Leather division. This withdrawal is a direct result of a cyber incident experienced by one of the Automotive Leather division's major customers, Jaguar Land Rover (JLR), which has led to a halt in their production and continued uncertainty regarding the timing of its resumption. In early September 2025, JLR publicly announced that it had experienced a major cyber-attack that had
impacted multiple systems forcing a halt to production across all its manufacturing plants. Recent Insider Transactions • Aug 28
Non-Executive Independent Director recently bought AU$103k worth of stock On the 22nd of August, David Schwartz bought around 5k shares on-market at roughly AU$20.60 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$323k more in shares than they have sold in the last 12 months. Declared Dividend • Aug 22
Final dividend of AU$0.45 announced Dividend of AU$0.45 is the same as last year. Ex-date: 4th September 2025 Payment date: 19th September 2025 Dividend yield will be 4.5%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by both earnings (50% earnings payout ratio) and cash flows (51% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend. Reported Earnings • Aug 20
Full year 2025 earnings released: EPS: AU$1.79 (vs AU$1.99 in FY 2024) Full year 2025 results: EPS: AU$1.79 (down from AU$1.99 in FY 2024). Revenue: AU$229.7m (up 1.5% from FY 2024). Net income: AU$24.3m (down 10% from FY 2024). Profit margin: 11% (down from 12% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 5% per year. Reported Earnings • Feb 21
First half 2025 earnings released: EPS: AU$0.94 (vs AU$0.65 in 1H 2024) First half 2025 results: EPS: AU$0.94 (up from AU$0.65 in 1H 2024). Revenue: AU$112.3m (flat on 1H 2024). Net income: AU$12.7m (up 44% from 1H 2024). Profit margin: 11% (up from 7.8% in 1H 2024). Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 1% per year. Recent Insider Transactions • Jan 15
Non-Executive Independent Director recently bought AU$63k worth of stock On the 8th of January, David Schwartz bought around 3k shares on-market at roughly AU$21.11 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$369k more in shares than they have sold in the last 12 months. Announcement • Oct 08
Schaffer Corporation Limited, Annual General Meeting, Nov 13, 2024 Schaffer Corporation Limited, Annual General Meeting, Nov 13, 2024. Location: pagoda resort & spa, 112 melville parade, como, western australia, Australia Reported Earnings • Sep 27
Full year 2024 earnings released: EPS: AU$1.99 (vs AU$1.00 in FY 2023) Full year 2024 results: EPS: AU$1.99 (up from AU$1.00 in FY 2023). Revenue: AU$226.2m (up 23% from FY 2023). Net income: AU$27.1m (up 99% from FY 2023). Profit margin: 12% (up from 7.4% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Announcement • Sep 25
Schaffer Corporation Limited to Report First Half, 2025 Results on Feb 19, 2025 Schaffer Corporation Limited announced that they will report first half, 2025 results on Feb 19, 2025 Recent Insider Transactions • Sep 13
Non-Executive Independent Director recently bought AU$113k worth of stock On the 10th of September, David Schwartz bought around 5k shares on-market at roughly AU$21.50 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth AU$149k. Insiders have collectively bought AU$360k more in shares than they have sold in the last 12 months. Recent Insider Transactions • Aug 28
Non-Executive Independent Director recently bought AU$149k worth of stock On the 26th of August, David Schwartz bought around 7k shares on-market at roughly AU$21.97 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$247k more in shares than they have sold in the last 12 months. New Risk • Aug 26
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 31% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 6.2% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Announcement • Aug 23
Schaffer Corporation Limited Announces Ordinary Fully Paid Dividend for the Six Months Ended June 30, 2024 Schaffer Corporation Limited announced ordinary fully paid dividend of AUD 0.45000000 per share for the six months ended June 30, 2024, payable on September 20, 2024 with record date of September 9, 2024 and ex date of September 5, 2024. Declared Dividend • Aug 23
Final dividend of AU$0.45 announced Dividend of AU$0.45 is the same as last year. Ex-date: 5th September 2024 Payment date: 20th September 2024 Dividend yield will be 4.1%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (41% earnings payout ratio) and cash flows (28% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 3.8% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 21
Full year 2024 earnings released: EPS: AU$1.99 (vs AU$1.00 in FY 2023) Full year 2024 results: EPS: AU$1.99 (up from AU$1.00 in FY 2023). Revenue: AU$226.2m (up 23% from FY 2023). Net income: AU$27.1m (up 99% from FY 2023). Profit margin: 12% (up from 7.4% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Upcoming Dividend • Feb 29
Upcoming dividend of AU$0.45 per share Eligible shareholders must have bought the stock before 07 March 2024. Payment date: 15 March 2024. Payout ratio is a comfortable 71% and this is well supported by cash flows. Trailing yield: 4.2%. Lower than top quartile of Australian dividend payers (6.4%). Higher than average of industry peers (2.0%). Reported Earnings • Feb 26
First half 2024 earnings released: EPS: AU$0.65 (vs AU$0.38 in 1H 2023) First half 2024 results: EPS: AU$0.65 (up from AU$0.38 in 1H 2023). Revenue: AU$112.9m (up 35% from 1H 2023). Net income: AU$8.84m (up 72% from 1H 2023). Profit margin: 7.8% (up from 6.2% in 1H 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Declared Dividend • Feb 24
First half dividend of AU$0.45 announced Dividend of AU$0.45 is the same as last year. Ex-date: 7th March 2024 Payment date: 15th March 2024 Dividend yield will be 4.4%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by both earnings (71% earnings payout ratio) and cash flows (31% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 21% to shift the payout ratio to a potentially unsustainable range, which is more than the 6.5% EPS decline seen over the last 5 years. New Risk • Feb 22
New major risk - Revenue and earnings growth Earnings have declined by 6.6% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 6.6% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (8.1% net profit margin). Recent Insider Transactions • Dec 09
Chairman & MD recently bought AU$81k worth of stock On the 4th of December, John Schaffer bought around 4k shares on-market at roughly AU$18.06 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was John's only on-market trade for the last 12 months. Upcoming Dividend • Aug 31
Upcoming dividend of AU$0.45 per share at 5.1% yield Eligible shareholders must have bought the stock before 07 September 2023. Payment date: 22 September 2023. Payout ratio is on the higher end at 90% but the company is not cash flow positive. Trailing yield: 5.1%. Lower than top quartile of Australian dividend payers (7.0%). Higher than average of industry peers (2.2%). Announcement • Aug 23
Schaffer Corporation Limited Announces Fully Franked Ordinary Fully Paid Dividend for the Six Months Ended June 30, 2023, Payable on September 22, 2023 Schaffer Corporation Limited announced fully franked ordinary fully paid dividend of AUD 0.45000000 per share for the six months ended June 30, 2023, payable on September 22, 2023 with record date of September 8, 2023 and ex date of September 7, 2023. Reported Earnings • Aug 23
Full year 2023 earnings released: EPS: AU$1.00 (vs AU$1.91 in FY 2022) Full year 2023 results: EPS: AU$1.00 (down from AU$1.91 in FY 2022). Revenue: AU$183.6m (up 7.8% from FY 2022). Net income: AU$13.6m (down 48% from FY 2022). Profit margin: 7.4% (down from 15% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Upcoming Dividend • Mar 02
Upcoming dividend of AU$0.45 per share at 4.6% yield Eligible shareholders must have bought the stock before 09 March 2023. Payment date: 17 March 2023. Payout ratio is a comfortable 53% but the company is paying out more than the cash it is generating. Trailing yield: 4.6%. Lower than top quartile of Australian dividend payers (7.0%). Higher than average of industry peers (2.5%). Reported Earnings • Feb 23
First half 2023 earnings released: EPS: AU$0.38 (vs AU$0.47 in 1H 2022) First half 2023 results: EPS: AU$0.38 (down from AU$0.47 in 1H 2022). Revenue: AU$83.5m (up 14% from 1H 2022). Net income: AU$5.13m (down 21% from 1H 2022). Profit margin: 6.2% (down from 8.8% in 1H 2022). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 5 highly experienced directors. Non-Executive Independent Director Michael Perrott was the last director to join the board, commencing their role in 2005. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Sep 23
Schaffer Corporation Limited, Annual General Meeting, Nov 16, 2022 Schaffer Corporation Limited, Annual General Meeting, Nov 16, 2022, at 11:30 W. Australia Standard Time. Location: at Pagoda Resort and Spa, 112 Melville Parade Como Western Australia Australia Agenda: To provide a further update on the outlook for the 2023 financial year. Recent Insider Transactions • Sep 10
Chairman & MD recently bought AU$151k worth of stock On the 7th of September, John Schaffer bought around 8k shares on-market at roughly AU$18.00 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was John's only on-market trade for the last 12 months. Upcoming Dividend • Sep 01
Upcoming dividend of AU$0.45 per share Eligible shareholders must have bought the stock before 08 September 2022. Payment date: 23 September 2022. Payout ratio is a comfortable 47% and the cash payout ratio is 84%. Trailing yield: 5.0%. Lower than top quartile of Australian dividend payers (6.6%). Higher than average of industry peers (2.3%). Reported Earnings • Aug 25
Full year 2022 earnings released: EPS: AU$1.91 (vs AU$2.85 in FY 2021) Full year 2022 results: EPS: AU$1.91 (down from AU$2.85 in FY 2021). Revenue: AU$170.4m (down 13% from FY 2021). Net income: AU$26.2m (down 33% from FY 2021). Profit margin: 15% (down from 20% in FY 2021). Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 7% per year. Announcement • Aug 24
Schaffer Corporation Limited Announces Dividend for the Six Months Ended June 30, 2022, Payable on September 23, 2022 Schaffer Corporation Limited announced dividend for the six months ended June 30, 2022. For the six months, the company reported dividend of AUD 0.45000000 with Record Date 9 September, 2022; Ex Date 8 September, 2022 and Payment Date to be 23 September, 2022. Recent Insider Transactions • May 03
Non-Executive Independent Director recently bought AU$203k worth of stock On the 26th of April, David Schwartz bought around 10k shares on-market at roughly AU$20.31 per share. In the last 3 months, they made an even bigger purchase worth AU$364k. Insiders have collectively bought AU$1.1m more in shares than they have sold in the last 12 months. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 5 highly experienced directors. Non-Executive Independent Director Michael Perrott was the last director to join the board, commencing their role in 2005. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Mar 05
Non-Executive Independent Director recently bought AU$193k worth of stock On the 2nd of March, David Schwartz bought around 10k shares on-market at roughly AU$19.98 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$471k more in shares than they have sold in the last 12 months. Reported Earnings • Feb 25
First half 2022 earnings: EPS exceeds analyst expectations while revenues lag behind First half 2022 results: EPS: AU$0.47 (down from AU$1.70 in 1H 2021). Revenue: AU$73.2m (down 28% from 1H 2021). Net income: AU$6.46m (down 72% from 1H 2021). Profit margin: 8.8% (down from 23% in 1H 2021). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 16%. Earnings per share (EPS) exceeded analyst estimates by 3.9%. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 13% per year. Announcement • Feb 24
Schaffer Corporation Limited Declares Ordinary Dividend for the Six Months Ended December 31, 2021, Payable on March 11, 2022 Schaffer Corporation Limited declared ordinary dividend of AUD 0.45000000 for the six months ended December 31, 2021. The record date is on March 4, 2022, ex date is on March 3, 2022 and payable date is on March 11, 2022. Reported Earnings • Sep 18
Full year 2021 earnings released: EPS AU$2.85 (vs AU$1.72 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: AU$196.3m (up 26% from FY 2020). Net income: AU$38.8m (up 65% from FY 2020). Profit margin: 20% (up from 15% in FY 2020). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Aug 26
Upcoming dividend of AU$0.45 per share Eligible shareholders must have bought the stock before 02 September 2021. Payment date: 17 September 2021. Trailing yield: 4.1%. Lower than top quartile of Australian dividend payers (5.0%). Higher than average of industry peers (2.0%). Recent Insider Transactions • Aug 25
Non-Executive Independent Director recently bought AU$204k worth of stock On the 23rd of August, David Schwartz bought around 10k shares on-market at roughly AU$21.44 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$334k more in shares than they have sold in the last 12 months. Is New 90 Day High Low • Mar 02
New 90-day high: AU$20.22 The company is up 13% from its price of AU$17.85 on 02 December 2020. The Australian market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 12% over the same period. Upcoming Dividend • Feb 25
Upcoming Dividend of AU$0.45 Per Share Will be paid on the 12th of March to those who are registered shareholders by the 4th of March. The trailing yield of 4.0% is below the top quartile of Australian dividend payers (5.2%), but it is higher than industry peers (1.7%). Reported Earnings • Feb 20
First half 2021 earnings released: EPS AU$1.70 (vs AU$1.02 in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: AU$102.1m (up 10% from 1H 2020). Net income: AU$23.1m (up 66% from 1H 2020). Profit margin: 23% (up from 15% in 1H 2020). Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 18% per year. Recent Insider Transactions • Feb 20
Non-Executive Independent Director recently bought AU$93k worth of stock On the 12th of February, David Schwartz bought around 5k shares on-market at roughly AU$18.59 per share. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Is New 90 Day High Low • Feb 03
New 90-day high: AU$18.95 The company is up 20% from its price of AU$15.80 on 05 November 2020. The Australian market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 6.0% over the same period. Is New 90 Day High Low • Dec 04
New 90-day high: AU$17.95 The company is up 11% from its price of AU$16.20 on 04 September 2020. The Australian market is up 12% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Auto Components industry, which is up 9.0% over the same period. Is New 90 Day High Low • Nov 18
New 90-day high: AU$17.55 The company is up 17% from its price of AU$14.95 on 20 August 2020. The Australian market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 15% over the same period. Reported Earnings • Sep 19
Full year earnings released - EPS AU$1.72 Over the last 12 months the company has reported total profits of AU$23.6m, up 2.8% from the prior year. Total revenue was AU$155.6m over the last 12 months, down 24% from the prior year. Profit margins were 15%, which is higher than the 11% margin from last year. The increase in margin was driven by lower expenses.