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Service Stream LimitedASX:SSM Stock Report

Market Cap AU$1.4b
Share Price
AU$2.28
AU$2.58
11.7% undervalued intrinsic discount
1Y21.6%
7D2.2%
1D
Portfolio Value
View

Service Stream Limited

ASX:SSM Stock Report

Market Cap: AU$1.4b

Service Stream (SSM) Stock Overview

Engages in the design, construction, operation, and maintenance of infrastructure networks across the telecommunications, utilities, and transport sectors in Australia. More details

SSM fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance3/6
Financial Health6/6
Dividends3/6

SSM Community Fair Values

Create Narrative

See what 16 others think this stock is worth. Follow their fair value or set your own to get alerts.

Service Stream Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Service Stream
Historical stock prices
Current Share PriceAU$2.28
52 Week HighAU$2.40
52 Week LowAU$1.78
Beta0.65
1 Month Change16.03%
3 Month Change8.06%
1 Year Change21.60%
3 Year Change253.49%
5 Year Change133.85%
Change since IPO89.73%

Recent News & Updates

Recent updates

Narrative Update Sep 19

Record Contract Wins Will Secure Future Infrastructure And Utility Excellence

The consensus analyst price target for Service Stream has been raised from A$2.33 to A$2.58, primarily driven by a notable increase in revenue growth forecasts from 5.6% to 8.2% per annum. What's in the News Service Stream is reportedly among the bidders for UGL’s $1 billion transport division, a deal that could significantly expand Service Stream’s scale and service capabilities.
Narrative Update Sep 04

Record Contract Wins Will Secure Future Infrastructure And Utility Excellence

With both the discount rate and future P/E multiple essentially unchanged, analyst sentiment and valuation for Service Stream remain stable, as reflected in the consensus price target holding steady at A$2.33. What's in the News Service Stream is reportedly a key bidder to acquire UGL's $1 billion transport division, potentially transforming its service portfolio and market position.
Analysis Article Aug 22

Service Stream's (ASX:SSM) Upcoming Dividend Will Be Larger Than Last Year's

Service Stream Limited ( ASX:SSM ) has announced that it will be increasing its dividend from last year's comparable...
Analysis Article Feb 25

Service Stream's (ASX:SSM) Dividend Will Be A$0.025

Service Stream Limited ( ASX:SSM ) has announced that it will pay a dividend of A$0.025 per share on the 4th of April...
User avatar
New Narrative Feb 09

Acquisition Of Lendlease Will Expand Addressable Markets

Strategic repositioning in Utilities and strong Telco agreements enhance future growth, boosting earnings and revenue stability.
Analysis Article Dec 10

Service Stream Limited's (ASX:SSM) Price Is Out Of Tune With Revenues

There wouldn't be many who think Service Stream Limited's ( ASX:SSM ) price-to-sales (or "P/S") ratio of 0.4x is worth...
Analysis Article Mar 02

Service Stream Limited's (ASX:SSM) 28% Jump Shows Its Popularity With Investors

Service Stream Limited ( ASX:SSM ) shareholders have had their patience rewarded with a 28% share price jump in the...
Analysis Article Aug 24

Estimating The Intrinsic Value Of Service Stream Limited (ASX:SSM)

Today we will run through one way of estimating the intrinsic value of Service Stream Limited ( ASX:SSM ) by projecting...
Analysis Article Feb 25

We Think Service Stream (ASX:SSM) Can Stay On Top Of Its Debt

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Analysis Article Oct 13

Service Stream Limited's (ASX:SSM) CEO Might Not Expect Shareholders To Be So Generous This Year

The results at Service Stream Limited ( ASX:SSM ) have been quite disappointing recently and CEO Leigh MacKender bears...
Analysis Article May 12

Service Stream Limited (ASX:SSM) Shares Could Be 49% Below Their Intrinsic Value Estimate

Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Service Stream Limited...
Analysis Article Mar 16

Does Service Stream (ASX:SSM) Have A Healthy Balance Sheet?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Mar 02

Non Executive Independent Director Deborah Page Just Bought 15% More Shares In Service Stream Limited (ASX:SSM)

Whilst it may not be a huge deal, we thought it was good to see that the Service Stream Limited ( ASX:SSM ) Non...

Shareholder Returns

SSMAU ConstructionAU Market
7D2.2%-1.0%0.08%
1Y21.6%43.7%3.1%

Return vs Industry: SSM underperformed the Australian Construction industry which returned 43.7% over the past year.

Return vs Market: SSM exceeded the Australian Market which returned 3.1% over the past year.

Price Volatility

Is SSM's price volatile compared to industry and market?
SSM volatility
SSM Average Weekly Movement3.9%
Construction Industry Average Movement6.6%
Market Average Movement10.4%
10% most volatile stocks in AU Market17.6%
10% least volatile stocks in AU Market4.3%

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

Volatility Over Time: SSM's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19965,300Leigh MacKenderwww.servicestream.com.au

Service Stream Limited engages in the design, construction, operation, and maintenance of infrastructure networks across the telecommunications, utilities, and transport sectors in Australia. It operates through Telecommunications, Utilities, and Transport segments. The Telecommunications segment provides various operations, maintenance, installation, design, and construction services to owners of fixed-line and wireless telecommunication networks, including customer connections; service and network assurance; site acquisition, engineering, design, construction, and installation of broadband, wireless, and fixed-line project services, as well as projects for asset remediation, augmentation, and relocation.

Service Stream Limited Fundamentals Summary

How do Service Stream's earnings and revenue compare to its market cap?
SSM fundamental statistics
Market capAU$1.41b
Earnings (TTM)AU$52.91m
Revenue (TTM)AU$2.25b
26.4x
P/E Ratio
0.6x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SSM income statement (TTM)
RevenueAU$2.25b
Cost of RevenueAU$1.33b
Gross ProfitAU$918.84m
Other ExpensesAU$865.93m
EarningsAU$52.91m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

Aug 19, 2026

Earnings per share (EPS)0.086
Gross Margin40.84%
Net Profit Margin2.35%
Debt/Equity Ratio0%

How did SSM perform over the long term?

See historical performance and comparison

Dividends

2.6%
Current Dividend Yield
71%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/25 15:56
End of Day Share Price 2026/05/25 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

Service Stream Limited is covered by 14 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Megan Kirby-LewisBarrenjoey Markets Pty Limited
Warren JeffriesCanaccord Genuity
Citi ResearchCitigroup Inc