SRG Global Future Growth
Future criteria checks 3/6
SRG Global is forecast to grow earnings and revenue by 19.5% and 11.4% per annum respectively. EPS is expected to grow by 18.9% per annum. Return on equity is forecast to be 18.8% in 3 years.
Key information
19.5%
Earnings growth rate
18.93%
EPS growth rate
| Construction earnings growth | 19.3% |
| Revenue growth rate | 11.4% |
| Future return on equity | 18.79% |
| Analyst coverage | Good |
| Last updated | 02 Jul 2026 |
Recent future growth updates
Recent updates
Narrative Update • Jun 17
SRG: Contract Wins And Guidance Uplift Will Shape Fairly Valued Shares
Analysts have lifted their fair value estimate for SRG Global to about A$3.89 from roughly A$3.34, citing updated assumptions around discount rates, revenue growth, profit margins and future P/E multiples, along with recent Street research including a new A$3.15 target from Goldman Sachs coverage initiation. What’s in the News for SRG Global SRG Global announced A$1.85b in new contract wins across nine sectors, including water infrastructure, defence, energy, industrial services, digital infrastructure and resources, with blue chip clients such as Fortescue, Origin Energy, Alcoa and Queensland’s Gympie Regional Council.
New Narrative • Jun 04
Long Term Infrastructure And ESG Tailwinds Will Support A$4.2b Work In Hand
Catalysts About SRG Global SRG Global is a diversified infrastructure services company that provides engineering led maintenance, construction and asset lifecycle solutions across multiple sectors in Australia and New Zealand. What are the underlying business or industry changes driving this perspective?Narrative Update • Jun 03
SRG: Future Returns Will Reflect Index Entry And Contract Dispute Developments
Analysts have edged their price target for SRG Global higher from A$3.19 to about A$3.34, citing updated assumptions on discount rates, revenue growth, profit margins and future P/E multiples following recent Street research, including the new A$3.15 target from Goldman Sachs. What's in the News SRG Global has signalled a contempt bid for D&C Corporation linked to the Victor Goh project at Elizabeth Quay, indicating an assertive move around major construction contracts in Western Australia, source: recent news reports on the Elizabeth Quay buildings dispute.Narrative Update • Apr 23
SRG: Future Returns Will Reflect Index Entry And Fully Franked Dividend
Narrative Update on SRG Global Analysts have kept SRG Global's fair value estimate steady at A$3.19, with only very small adjustments to inputs such as the discount rate, revenue growth, profit margin and future P/E, helping to refine rather than materially change their overall price target view. What’s in the News SRG Global Limited (ASX:SRG) has been added to the S&P/ASX 200 Industrials Sector Index, reflecting its inclusion in this sector benchmark (Key Developments).Narrative Update • Apr 09
SRG: Future Returns Will Reflect Index Inclusion And Fully Franked Dividend Support
Analysts have left their A$3.19 price target for SRG Global unchanged, pointing to only marginal tweaks to assumptions such as discount rate, revenue growth, profit margin and future P/E that are not material enough to shift their overall valuation view. What's in the News SRG Global Limited (ASX:SRG) was added to the S&P/ASX 200 Industrials Sector Index, which may increase its visibility among sector focused investors (Key Developments).Narrative Update • Mar 26
SRG: Future Returns Will Reflect Index Inclusion And Fully Franked Dividend Support
Analysts have reaffirmed their A$3.19 price target for SRG Global, citing updated model inputs around discount rate, revenue growth, profit margin and future P/E assumptions that together keep their valuation view unchanged. What's in the News SRG Global Limited (ASX:SRG) has been added to the S&P/ASX 200 Industrials Sector Index, reflecting its inclusion in this sector benchmark (Key Developments).Narrative Update • Mar 10
SRG: Future Returns Will Reflect Growing Fully Franked Dividend Support
Analysts have kept their A$3.19 price target for SRG Global unchanged, citing stable fair value, only slight adjustments to the discount rate and growth assumptions, and a largely consistent forward P/E outlook. What's in the News SRG Global declared an interim fully franked dividend of A$0.03 per share for the six months ended 31 December 2025, compared with 2.5 cents per share fully franked for the prior comparable period (Key Developments).Narrative Update • Feb 24
SRG: Future Outlook Will Reflect Dividend Support And Undervalued Earnings Multiple
Analysts have lifted their price target for SRG Global from A$3.03 to A$3.19, reflecting updated assumptions around discount rates, revenue growth, profit margins and future P/E multiples. What's in the News SRG Global declared an interim fully franked dividend of A$0.03 per share for the six months ended 31 December 2025, compared with 2.5 cents per share fully franked for the prior period (Key Developments).Narrative Update • Feb 10
SRG: Future Outlook Will Reflect Steady Assumptions And Fairly Valued Expectations
Analysts have nudged their price target on SRG Global to A$3.03 from A$3.03, reflecting updated assumptions around discount rates, revenue growth, profit margins and future P/E that fine tune rather than overhaul their prior view. Valuation Changes Fair Value: Analyst fair value remains unchanged at A$3.03 per share.Narrative Update • Jan 25
SRG: Future Outlook Will Reflect Steady Assumptions And Fairly Valued Expectations
Analysts have nudged their price target for SRG Global slightly higher to around A$3.03 from about A$3.02, reflecting updated assumptions for fair value, discount rate, revenue growth, profit margin and future P/E multiples. Valuation Changes Fair Value: Adjusted marginally higher from A$3.022 to A$3.032 per share.Analysis Article • Jan 14
Does SRG Global (ASX:SRG) Deserve A Spot On Your Watchlist?
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...Narrative Update • Jan 11
SRG: Future Outlook Will Reflect Stable Assumptions And Fairly Valued Prospects
Analysts have nudged their price target on SRG Global higher to A$3.02. This is a small adjustment that reflects updated views on the company’s fair value, discount rate assumptions and future P/E expectations, while keeping projected revenue growth and profit margins broadly in line with prior estimates.Narrative Update • Dec 23
SRG: Future Outlook Will Reflect Stable Margins And Fairly Valued Prospects
Analysts have modestly increased their price target on SRG Global to align with a fair value estimate of A$3.02 per share, reflecting slightly lower discount rate assumptions and a marginally reduced future price to earnings multiple. Valuation Changes Fair Value: Unchanged at A$3.02 per share, indicating no material revision to the intrinsic value estimate.Narrative Update • Dec 09
SRG: Future Outlook Will Reflect Stable Margins And Fairly Valued Prospects
Analysts have nudged their price target for SRG Global slightly higher to reflect marginal improvements in the company’s discount rate, revenue growth assumptions, and profit margin forecasts, while keeping fair value estimates broadly unchanged. Valuation Changes Fair Value: unchanged at A$3.02 per share, indicating no material shift in the overall valuation outcome.Narrative Update • Nov 25
SRG: Revenue Improvement And Profitability Will Support Balanced Future Outlook
SRG Global Analyst Price Target Revised Upwards Analysts have raised their price target for SRG Global from $2.94 to $3.02, citing incremental improvements in revenue growth forecasts and profit margins. Valuation Changes Fair Value: increased slightly from A$2.94 to A$3.02.Analysis Article • Nov 19
Why SRG Global Limited (ASX:SRG) Could Be Worth Watching
While SRG Global Limited ( ASX:SRG ) might not have the largest market cap around , it led the ASX gainers with a...Narrative Update • Nov 11
SRG: Dividend Declaration And Acquisition Plans Will Support Balanced Outlook
Analysts have updated their price target for SRG Global, holding the fair value steady at $2.94 per share. Recent adjustments to the discount rate and future price-to-earnings ratio influence their outlook.Narrative Update • Oct 28
Future Expansion Will Benefit From Acquisitions And Strengthening Profit Margins
SRG Global's analyst price target has been raised from $2.32 to $2.94. This adjustment reflects increased optimism from analysts, driven by stronger revenue growth and profit margin projections.Analysis Article • Oct 14
Market Participants Recognise SRG Global Limited's (ASX:SRG) Earnings Pushing Shares 34% Higher
SRG Global Limited ( ASX:SRG ) shares have continued their recent momentum with a 34% gain in the last month alone. The...Narrative Update • Oct 14
Government Spending In Australia Will Expand Diverse Construction Pipelines
Analysts have raised their price target for SRG Global from $2.01 to $2.32 per share. They cite stronger projections for revenue growth and improved profit margins as key drivers of this upward revision.Analysis Article • Oct 07
SRG Global Limited's (ASX:SRG) Intrinsic Value Is Potentially 36% Above Its Share Price
Key Insights The projected fair value for SRG Global is AU$2.78 based on 2 Stage Free Cash Flow to Equity SRG Global's...Narrative Update • Aug 20
Acquisition Of Diona Will Strengthen Position In Water Security And Energy Transition
Despite lower revenue growth expectations, a notable reduction in SRG Global's future P/E ratio suggests improved earnings outlook or valuation sentiment, driving the consensus analyst price target up from A$1.76 to A$1.95. What's in the News SRG Global is actively seeking strategic acquisitions to complement its capabilities and geographic footprint.Analysis Article • Aug 19
SRG Global Limited's (ASX:SRG) Share Price Not Quite Adding Up
ASX:SRG 1 Year Share Price vs Fair Value Explore SRG Global's Fair Values from the Community and select yours SRG...Analysis Article • Jun 25
A Look At The Intrinsic Value Of SRG Global Limited (ASX:SRG)
Key Insights The projected fair value for SRG Global is AU$1.71 based on 2 Stage Free Cash Flow to Equity With AU$1.70...Analysis Article • May 14
SRG Global (ASX:SRG) Could Easily Take On More Debt
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
New Narrative • Feb 08
The Diona Acquisition Will Advance Opportunities In Water Security And Energy Markets
The acquisition of Diona enhances revenue growth potential and EBIT margin expansion through cross-selling and complementary synergies.Analysis Article • Nov 20
Does SRG Global (ASX:SRG) Deserve A Spot On Your Watchlist?
It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...Analysis Article • Aug 22
Analysts Are Updating Their SRG Global Limited (ASX:SRG) Estimates After Its Full-Year Results
It's been a good week for SRG Global Limited ( ASX:SRG ) shareholders, because the company has just released its latest...Analysis Article • Oct 05
Increases to SRG Global Limited's (ASX:SRG) CEO Compensation Might Cool off for now
Key Insights SRG Global's Annual General Meeting to take place on 12th of October Salary of AU$1.03m is part of CEO...Analysis Article • Aug 28
SRG Global (ASX:SRG) Is Paying Out A Larger Dividend Than Last Year
SRG Global Limited ( ASX:SRG ) will increase its dividend on the 7th of October to A$0.02, which is 33% higher than...Analysis Article • Aug 25
SRG Global (ASX:SRG) Has Announced That It Will Be Increasing Its Dividend To A$0.015
SRG Global Limited ( ASX:SRG ) has announced that it will be increasing its periodic dividend on the 13th of September...Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 6/30/2029 | 2,191 | 106 | N/A | 169 | 1 |
| 6/30/2028 | 2,001 | 101 | 119 | 158 | 6 |
| 6/30/2027 | 1,863 | 91 | 111 | 148 | 6 |
| 6/30/2026 | 1,649 | 72 | 85 | 115 | 6 |
| 12/31/2025 | 1,449 | 55 | 58 | 86 | N/A |
| 9/30/2025 | 1,387 | 51 | 62 | 91 | N/A |
| 6/30/2025 | 1,325 | 47 | 66 | 95 | N/A |
| 3/31/2025 | 1,252 | 43 | 67 | 96 | N/A |
| 12/31/2024 | 1,180 | 38 | 67 | 96 | N/A |
| 9/30/2024 | 1,126 | 36 | 66 | 95 | N/A |
| 6/30/2024 | 1,072 | 34 | 66 | 94 | N/A |
| 3/31/2024 | 1,007 | 30 | 45 | 71 | N/A |
| 12/31/2023 | 942 | 25 | 23 | 48 | N/A |
| 9/30/2023 | 876 | 24 | 17 | 46 | N/A |
| 6/30/2023 | 811 | 23 | 11 | 43 | N/A |
| 3/31/2023 | 771 | 23 | 28 | 58 | N/A |
| 12/31/2022 | 731 | 24 | 45 | 72 | N/A |
| 9/30/2022 | 689 | 22 | 42 | 67 | N/A |
| 6/30/2022 | 646 | 20 | 40 | 61 | N/A |
| 3/31/2022 | 615 | 19 | 39 | 60 | N/A |
| 12/31/2021 | 584 | 17 | 37 | 59 | N/A |
| 9/30/2021 | 577 | 15 | 36 | 57 | N/A |
| 6/30/2021 | 570 | 12 | 36 | 55 | N/A |
| 3/31/2021 | 570 | -9 | 32 | 51 | N/A |
| 12/31/2020 | 569 | -30 | 28 | 48 | N/A |
| 9/30/2020 | 561 | -30 | 7 | 27 | N/A |
| 6/30/2020 | 554 | -30 | -15 | 6 | N/A |
| 3/31/2020 | 540 | -12 | -20 | -2 | N/A |
| 12/31/2019 | 526 | 6 | -25 | -9 | N/A |
| 9/30/2019 | 509 | 8 | N/A | -3 | N/A |
| 6/30/2019 | 493 | 9 | N/A | 4 | N/A |
| 3/31/2019 | 431 | 8 | N/A | 5 | N/A |
| 12/31/2018 | 369 | 6 | N/A | 7 | N/A |
| 9/30/2018 | 304 | 3 | N/A | 6 | N/A |
| 6/30/2018 | 239 | 1 | N/A | 5 | N/A |
| 3/31/2018 | 228 | 3 | N/A | 3 | N/A |
| 12/31/2017 | 217 | 6 | N/A | 1 | N/A |
| 9/30/2017 | 223 | 7 | N/A | 4 | N/A |
| 6/30/2017 | 230 | 8 | N/A | 7 | N/A |
| 3/31/2017 | 223 | 8 | N/A | 9 | N/A |
| 12/31/2016 | 215 | 9 | N/A | 11 | N/A |
| 9/30/2016 | 197 | 8 | N/A | 7 | N/A |
| 6/30/2016 | 178 | 6 | N/A | 4 | N/A |
| 3/31/2016 | 171 | 4 | N/A | 5 | N/A |
| 12/31/2015 | 164 | 2 | N/A | 7 | N/A |
| 9/30/2015 | 168 | 2 | N/A | 13 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SRG's forecast earnings growth (19.5% per year) is above the savings rate (3.6%).
Earnings vs Market: SRG's earnings (19.5% per year) are forecast to grow faster than the Australian market (11.4% per year).
High Growth Earnings: SRG's earnings are forecast to grow, but not significantly.
Revenue vs Market: SRG's revenue (11.4% per year) is forecast to grow faster than the Australian market (5.7% per year).
High Growth Revenue: SRG's revenue (11.4% 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 (18.8%).
Discover growth companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/23 08:49 |
| End of Day Share Price | 2026/07/23 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/06/30 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
SRG Global Limited is covered by 9 analysts. 6 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 |
|---|---|
| Nicholas McGarrigle | Barrenjoey Markets Pty Limited |
| Megan Kirby-Lewis | Barrenjoey Markets Pty Limited |
| Piers Flanagan | Barrenjoey Markets Pty Limited |