SRG Global Limited provides engineering-led specialist asset, construction, and mining services.
Share Price & News
How has SRG Global's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SRG is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: SRG's weekly volatility (7%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: SRG exceeded the Australian Construction industry which returned -3.6% over the past year.
Return vs Market: SRG exceeded the Australian Market which returned 23.7% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is SRG Global's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StIncome Investors Should Know That SRG Global Limited (ASX:SRG) Goes Ex-Dividend Soon
3 weeks ago | Simply Wall StThe Strong Earnings Posted By SRG Global (ASX:SRG) Are A Good Indication Of The Strength Of The Business
2 months ago | Simply Wall StShould You Think About Buying SRG Global Limited (ASX:SRG) Now?
SRG Global Fundamentals Summary
|SRG fundamental statistics|
Is SRG overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|SRG income statement (TTM)|
|Cost of Revenue||AU$277.37m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.027|
|Net Profit Margin||2.11%|
How did SRG perform over the long term?See historical performance and comparison
4.0%Current Dividend Yield
Is SRG Global undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SRG (A$0.5) is trading below our estimate of fair value (A$0.84)
Significantly Below Fair Value: SRG is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SRG is poor value based on its PE Ratio (18.5x) compared to the Australian Construction industry average (14.1x).
PE vs Market: SRG's PE Ratio (18.5x) is in line with the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: SRG is good value based on its PEG Ratio (0.8x)
Price to Book Ratio
PB vs Industry: SRG is good value based on its PB Ratio (1x) compared to the AU Construction industry average (2.1x).
How is SRG Global forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SRG's forecast earnings growth (24% per year) is above the savings rate (1.9%).
Earnings vs Market: SRG's earnings (24% per year) are forecast to grow faster than the Australian market (11.5% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SRG's revenue (7.7% per year) is forecast to grow faster than the Australian market (5.6% per year).
High Growth Revenue: SRG's revenue (7.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SRG's Return on Equity is forecast to be low in 3 years time (10.7%).
How has SRG Global performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SRG has high quality earnings.
Growing Profit Margin: SRG became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: SRG's earnings have declined by 47.5% per year over the past 5 years.
Accelerating Growth: SRG has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: SRG has become profitable in the last year, making it difficult to compare its past year earnings growth to the Construction industry (25%).
Return on Equity
High ROE: SRG's Return on Equity (5.3%) is considered low.
How is SRG Global's financial position?
Financial Position Analysis
Short Term Liabilities: SRG's short term assets (A$206.6M) exceed its short term liabilities (A$177.2M).
Long Term Liabilities: SRG's short term assets (A$206.6M) exceed its long term liabilities (A$38.9M).
Debt to Equity History and Analysis
Debt Level: SRG's debt to equity ratio (4.3%) is considered satisfactory.
Reducing Debt: SRG's debt to equity ratio has increased from 0% to 4.3% over the past 5 years.
Debt Coverage: SRG's debt is well covered by operating cash flow (571.4%).
Interest Coverage: SRG's interest payments on its debt are well covered by EBIT (27.2x coverage).
What is SRG Global current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SRG's dividend (4%) is higher than the bottom 25% of dividend payers in the Australian market (2.32%).
High Dividend: SRG's dividend (4%) is low compared to the top 25% of dividend payers in the Australian market (5.55%).
Stability and Growth of Payments
Stable Dividend: SRG has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: SRG has only been paying a dividend for 3 years, and since then payments have not increased.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (74%), SRG's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SRG's dividends in 3 years are forecast to be well covered by earnings (49.6% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. David William Macgeorge is a Managing Director of Global Construction Services Ltd and has been its Director since September 11, 2018. Mr. Macgeorge has been the Managing Director of SRG Global Limited...
CEO Compensation Analysis
Compensation vs Market: David's total compensation ($USD612.66K) is about average for companies of similar size in the Australian market ($USD533.16K).
Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.
Experienced Management: SRG's management team is considered experienced (4.3 years average tenure).
Experienced Board: SRG's board of directors are considered experienced (7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
SRG Global Limited's company bio, employee growth, exchange listings and data sources
- Name: SRG Global Limited
- Ticker: SRG
- Exchange: ASX
- Founded: 1961
- Industry: Construction and Engineering
- Sector: Capital Goods
- Market Cap: AU$222.898m
- Shares outstanding: 445.80m
- Website: https://www.srgglobal.com.au
Number of Employees
- SRG Global Limited
- 338 Barker Road
- Level 1
- Western Australia
SRG Global Limited provides engineering-led specialist asset, construction, and mining services. It operates through Construction, Asset Services, and Mining Services segments. The Construction segment sup...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/22 15:13|
|End of Day Share Price||2021/09/22 00:00|
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.