SHAPE Australia Corporation Limited

ASX:SHA Stock Report

Market Cap: AU$552.9m

SHAPE Australia Dividends and Buybacks

Dividend criteria checks 3/6

SHAPE Australia is a dividend paying company with a current yield of 4.22% that is well covered by earnings.

Key information

4.2%

Dividend yield

0.4%

Buyback Yield

Total Shareholder Yield4.6%
Future Dividend Yield6.4%
Dividend Growth21.8%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Payout ratio84%

Recent dividend and buyback updates

Analysis Article Feb 21

SHAPE Australia's (ASX:SHA) Upcoming Dividend Will Be Larger Than Last Year's

SHAPE Australia Corporation Limited's ( ASX:SHA ) dividend will be increasing from last year's payment of the same...

Recent updates

Narrative Update Jun 13

SHA: Lower Discount Rate And Higher Future P/E Will Support Returns

Analysts have modestly lifted their price target for SHAPE Australia to A$8.61 from A$8.52, reflecting updated assumptions on the discount rate, revenue growth, profit margin and future P/E multiples. What's in the News No recent news stories for SHAPE Australia were identified in the provided sources.
Narrative Update May 29

SHA: Higher Forward Multiple And Dividend Will Support Strong Future Returns

Analysts have modestly lifted their price target for SHAPE Australia to A$8.52 from A$8.25, citing updated assumptions around fair value, discount rate, revenue growth, profit margins and future P/E expectations. Valuation Changes Fair Value has been adjusted from A$8.25 to A$8.52, indicating a small upward revision in the assessed worth of SHAPE Australia shares.
Narrative Update Apr 28

SHA: Upcoming Fully Franked Dividend Will Support Attractive Future Returns

Analysts have kept their A$8.25 price target for SHAPE Australia unchanged, citing only minor adjustments to inputs such as discount rate, revenue growth, profit margin and future P/E that do not materially alter their valuation view. What's in the News SHAPE Australia Corporation Limited declared a fully franked ordinary dividend of A$0.14 per share for the six months ended December 31, 2025, providing investors with clarity on the upcoming income payment schedule (Key Developments).
Narrative Update Apr 12

SHA: Upcoming Fully Franked Dividend Will Support Attractive Future Earnings Multiple

Analysts have kept the A$8.25 price target for SHAPE Australia unchanged, pointing to only marginal tweaks to the discount rate, revenue growth, profit margin and future P/E assumptions that do not materially alter their overall view. What's in the News SHAPE Australia Corporation Limited declared a fully franked ordinary dividend of A$0.14 per share for the six months ended December 31, 2025 (Key Developments).
New Narrative Apr 08

50% ROE in a Burning Building

Nearly 5,000 Australian construction firms went insolvent last year. Naturally, my stock screener spat out a construction company generating a 50% return on equity.
Narrative Update Mar 28

SHA: Upcoming Fully Franked Dividend Will Support Higher Future Earnings Multiple

Analysts have adjusted their price target for SHAPE Australia to A$8.25 from A$7.97, citing updated assumptions for revenue growth, profit margins and future P/E that feed into a slightly higher fair value estimate and discount rate. What's in the News Announced a fully franked ordinary dividend of A$0.14 per share for the six months ended December 31, 2025 (Key Developments).
Narrative Update Mar 12

SHA: Fully Franked Dividend Will Support Fair Value And Earnings Multiple

Analysts have trimmed their price target on SHAPE Australia to A$7.97. This reflects a slightly lower discount rate and marginally adjusted long term assumptions for revenue growth, profit margins and forward P/E multiples.
Narrative Update Feb 25

SHA: Fully Franked Dividend Will Support Fair Value And Future P/E

Analysts have lifted their price target for SHAPE Australia to A$7.97 from A$7.15, citing updated assumptions around revenue growth, profit margins, the discount rate, and future P/E as key drivers of the change. What's in the News SHAPE Australia Corporation Limited declared a fully franked ordinary dividend of A$0.14 per share for the six months ended December 31, 2025 (Key Developments).
Narrative Update Feb 11

SHA: Stable Assumptions And Slightly Higher Future P/E Will Support Fair Value

Analysts have fine tuned their valuation work on SHAPE Australia, keeping fair value steady at A$7.15 while modestly updating assumptions around discount rate, revenue growth, profit margin and future P/E. This has resulted in a slightly revised price target range for you to consider.
Narrative Update Jan 26

SHA: Stable Assumptions And Slightly Higher Future P/E Will Support Fair Value

Narrative Update The analyst price target for SHAPE Australia has been reaffirmed at A$7.15 per share, with analysts pointing to small adjustments in the discount rate and future P/E assumptions as the key drivers behind the refreshed view. Valuation Changes Fair Value: Model fair value per share remains effectively unchanged at A$7.15, aligning with the reaffirmed analyst price target.
Narrative Update Jan 11

SHA: Steady Assumptions Suggest Future Earnings Multiple Will Sustain Fair Value

Analysts have maintained their price target for SHAPE Australia at A$7.15. This reflects only marginal adjustments to inputs such as the discount rate, revenue growth, profit margin, and assumed future P/E, which they view as broadly offsetting each other in the current valuation work.
Narrative Update Dec 17

SHA: Future Earnings Multiple Will Support Stronger Earnings Performance This Year

Analysts have slightly reduced their price target for SHAPE Australia to approximately A$7.15 from A$7.17, reflecting modestly softer assumptions for long term revenue growth and profit margins, partially offset by a marginally higher future earnings multiple. Valuation Changes The fair value estimate has edged down slightly from A$7.17 to approximately A$7.15 per share.
Narrative Update Dec 03

SHA: Rising Margins Will Support Stronger Earnings Performance This Year

Analysts have nudged their price target for SHAPE Australia higher, from A$6.95 to A$7.17, citing slightly stronger expected revenue growth, modestly improved profit margins, and a still-supportive but marginally lower future PE multiple. Valuation Changes Fair Value Estimate has risen slightly from A$6.95 to A$7.17, reflecting modestly higher expectations for the business.
Narrative Update Nov 19

SHA: Revenue Growth Will Drive Profit Margin Improvement This Year

Analysts have raised their price target for SHAPE Australia from $5.62 to $6.95. This change is attributed to improved revenue growth expectations, along with slight increases in forecasted profit margins and the discount rate.
Narrative Update Nov 03

SHA: Future Mergers And Higher Margins Will Support Balanced Outlook

Analysts have increased their price target for SHAPE Australia from $5.27 to $5.62. They cite higher projected revenue growth and improved profit margins as key drivers behind the upward revision.
Narrative Update Oct 20

Urban Densification And Green Building Will Drive Modular Success

Analysts have marginally revised their price target for SHAPE Australia, maintaining it at $5.27. Slight adjustments to discount rate metrics suggest stable prospects for the company.
Analysis Article Aug 22

Analysts Have Made A Financial Statement On SHAPE Australia Corporation Limited's (ASX:SHA) Full-Year Report

The full-year results for SHAPE Australia Corporation Limited ( ASX:SHA ) were released last week, making it a good...
Analysis Article Jun 23

SHAPE Australia Corporation Limited's (ASX:SHA) Shares Climb 29% But Its Business Is Yet to Catch Up

Despite an already strong run, SHAPE Australia Corporation Limited ( ASX:SHA ) shares have been powering on, with a...
Analysis Article Apr 16

SHAPE Australia Corporation Limited's (ASX:SHA) Share Price Is Matching Sentiment Around Its Earnings

SHAPE Australia Corporation Limited's ( ASX:SHA ) price-to-earnings (or "P/E") ratio of 14.5x might make it look like a...
Analysis Article Feb 21

SHAPE Australia's (ASX:SHA) Upcoming Dividend Will Be Larger Than Last Year's

SHAPE Australia Corporation Limited's ( ASX:SHA ) dividend will be increasing from last year's payment of the same...
User avatar
New Narrative Feb 21

Diversifying Into Health And Education Sectors Will Open Future Opportunities

Significant project wins and backlog orders indicate strong future revenue potential, with expanded operations driving geographic growth across new markets.
Analysis Article Aug 28

SHAPE Australia's (ASX:SHA) Upcoming Dividend Will Be Larger Than Last Year's

SHAPE Australia Corporation Limited's ( ASX:SHA ) dividend will be increasing from last year's payment of the same...

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: SHA has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: SHA's dividend payments have increased, but the company has only paid a dividend for 4 years.


Dividend Yield vs Market

SHAPE Australia Dividend Yield vs Market
How does SHA dividend yield compare to the market?
SegmentDividend Yield
Company (SHA)4.2%
Market Bottom 25% (AU)2.7%
Market Top 25% (AU)6.5%
Industry Average (Construction)2.9%
Analyst forecast (SHA) (up to 3 years)6.4%

Notable Dividend: SHA's dividend (4.22%) is higher than the bottom 25% of dividend payers in the Australian market (2.74%).

High Dividend: SHA's dividend (4.22%) is low compared to the top 25% of dividend payers in the Australian market (6.54%).


Earnings Payout to Shareholders

Earnings Coverage: At its current payout ratio (83.9%), SHA's payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (46.5%), SHA's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/21 23:18
End of Day Share Price 2026/07/21 00:00
Earnings2025/12/31
Annual Earnings2025/06/30

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.

Analysis Model and Snowflake

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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

SHAPE Australia Corporation Limited is covered by 6 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Matthew ChenMA Moelis Australia Securities Pty Ltd
Declan CarrollMorgans Financial Limited
Paul KanerOrd Minnett Limited