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SRG Global LimitedASX:SRG Stock Report

Market Cap AU$2.4b
Share Price
AU$3.82
AU$3.34
14.3% overvalued intrinsic discount
1Y153.8%
7D21.7%
1D
Portfolio Value
View

SRG Global Limited

ASX:SRG Stock Report

Market Cap: AU$2.4b

SRG Global (SRG) Stock Overview

Engages in engineering, mining, maintenance and construction contracting in Australia and New Zealand. More details

SRG fundamental analysis
Snowflake Score
Valuation0/6
Future Growth3/6
Past Performance5/6
Financial Health5/6
Dividends2/6

Rewards

Risk Analysis

SRG passed our risk checks.

SRG Community Fair Values

Create Narrative

See what 40 others think this stock is worth. Follow their fair value or set your own to get alerts.

SRG Global Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for SRG Global
Historical stock prices
Current Share PriceAU$3.82
52 Week HighAU$3.84
52 Week LowAU$1.48
Beta0.92
1 Month Change26.49%
3 Month Change41.48%
1 Year Change153.82%
3 Year Change470.15%
5 Year Change664.00%
Change since IPO457.66%

Recent News & Updates

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).

Recent updates

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...
User avatar
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...

Shareholder Returns

SRGAU ConstructionAU Market
7D21.7%2.6%-1.2%
1Y153.8%52.2%0.8%

Return vs Industry: SRG exceeded the Australian Construction industry which returned 52.2% over the past year.

Return vs Market: SRG exceeded the Australian Market which returned 0.8% over the past year.

Price Volatility

Is SRG's price volatile compared to industry and market?
SRG volatility
SRG Average Weekly Movement6.7%
Construction Industry Average Movement6.3%
Market Average Movement10.2%
10% most volatile stocks in AU Market17.2%
10% least volatile stocks in AU Market4.1%

Stable Share Price: SRG has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: SRG's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1961n/aDavid Macgeorgesrgglobal.com.au

SRG Global Limited engages in engineering, mining, maintenance and construction contracting in Australia and New Zealand. It operates through Maintenance and Industrial Services; and Engineering and Construction segments. The Maintenance and Industrial segment supplies integrated services to customers in various sectors, including oil and gas, energy, infrastructure, offshore, mining, power generation, water treatment plants, commissioning, decommissioning, shutdowns, and civil works.

SRG Global Limited Fundamentals Summary

How do SRG Global's earnings and revenue compare to its market cap?
SRG fundamental statistics
Market capAU$2.39b
Earnings (TTM)AU$55.16m
Revenue (TTM)AU$1.45b
43.4x
P/E Ratio
1.7x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SRG income statement (TTM)
RevenueAU$1.45b
Cost of RevenueAU$630.07m
Gross ProfitAU$818.51m
Other ExpensesAU$763.35m
EarningsAU$55.16m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)0.088
Gross Margin56.50%
Net Profit Margin3.81%
Debt/Equity Ratio33.5%

How did SRG perform over the long term?

See historical performance and comparison

Dividends

1.6%
Current Dividend Yield
66%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/06 18:03
End of Day Share Price 2026/06/05 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

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.

AnalystInstitution
Nicholas McGarrigleBarrenjoey Markets Pty Limited
Megan Kirby-LewisBarrenjoey Markets Pty Limited
Piers FlanaganBarrenjoey Markets Pty Limited