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
Valuation	2/6
Future Growth	1/6
Past Performance	4/6
Financial Health	6/6
Dividends	4/6

Rewards

Trading at 49.6% below our estimate of its fair value

Earnings are forecast to grow 9.76% per year

Earnings grew by 124.7% over the past year

Risk Analysis

Unstable dividend track record

Significant insider selling over the past 3 months

Service Stream Limited Competitors

MAAS Group Holdings

ASX:MGH

AU$1.3b

SRG Global

ASX:SRG

AU$727.7m

NRW Holdings

ASX:NWH

AU$1.2b

Tasmea

ASX:TEA

AU$597.9m

Price History & Performance

Summary of share price highs, lows and changes for Service Stream
Historical stock prices
Current Share Price	AU$1.75
52 Week High	AU$1.84
52 Week Low	AU$1.15
Beta	0.61
1 Month Change	-1.96%
3 Month Change	10.06%
1 Year Change	44.03%
3 Year Change	75.00%
5 Year Change	-7.89%
Change since IPO	45.63%

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

Feb 25

Recent updates

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

Oct 13

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

May 12

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

Mar 16

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

Mar 02

Here's What You Should Know About Service Stream Limited's (ASX:SSM) 5.3% Dividend Yield

Feb 16

Here's What We Learned About The CEO Pay At Service Stream Limited (ASX:SSM)

Feb 01

Will Weakness in Service Stream Limited's (ASX:SSM) Stock Prove Temporary Given Strong Fundamentals?

Jan 19

Service Stream Limited's (ASX:SSM) Intrinsic Value Is Potentially 41% Above Its Share Price

Jan 03

Shareholders of Service Stream (ASX:SSM) Must Be Delighted With Their 365% Total Return

Dec 20

Shareholder Returns

	SSM	AU Construction	AU Market
7D	-1.1%	-1.3%	-1.0%
1Y	44.0%	-5.1%	-0.2%

Return vs Industry: SSM exceeded the Australian Construction industry which returned -5.1% over the past year.

Return vs Market: SSM exceeded the Australian Market which returned -0.2% over the past year.

Price Volatility

Is SSM's price volatile compared to industry and market?
SSM volatility
SSM Average Weekly Movement	3.8%
Construction Industry Average Movement	5.2%
Market Average Movement	8.4%
10% most volatile stocks in AU Market	15.9%
10% least volatile stocks in AU Market	3.5%

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.

Community vs My Fair Value

Create Narrative

Select a narrative for quick price alerts from the community, or create your own.

Service Stream

AnalystConsensusTarget

Consensus Narrative from 6 Analysts

Securing AUD 59 Billion In New Contracts Will Provide Future Revenue Stability

Key Takeaways Significant new contracts and renewals enhance revenue growth, offering stable income and reduced risk with improved earnings visibility. Focus on capital-light strategic acquisitions and a robust cash flow position supports diversification, market expansion, and long-term profitability.

View narrative

AU$1.96

10.6% undervalued

5.10%

Revenue growth p.a.

Updated

View Service Stream Community

About the Company

Founded	Employees	CEO	Website
1996	5,300	Leigh MacKender	www.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 cap	AU$1.08b
Earnings (TTM)	AU$52.62m
Revenue (TTM)	AU$2.38b

20.4x

P/E Ratio

0.5x

P/S Ratio

Is SSM overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SSM income statement (TTM)
Revenue	AU$2.38b
Cost of Revenue	AU$1.46b
Gross Profit	AU$919.89m
Other Expenses	AU$867.28m
Earnings	AU$52.62m

Last Reported Earnings

Dec 30, 2024

Next Earnings Date

Aug 20, 2025

Earnings per share (EPS)	0.086
Gross Margin	38.65%
Net Profit Margin	2.21%
Debt/Equity Ratio	0%

How did SSM perform over the long term?

See historical performance and comparison

Dividends

2.9%

Current Dividend Yield

58%

Payout Ratio

Does SSM pay a reliable dividends?

See SSM dividend history and benchmarks

When do you need to buy SSM by to receive an upcoming dividend?
Service Stream dividend dates
Ex Dividend Date	Mar 20 2025
Dividend Pay Date	Apr 04 2025
Days until Ex dividend	15 days
Days until Dividend pay date	0 days

Does SSM pay a reliable dividends?

See SSM dividend history and benchmarks

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/04/03 15:49
End of Day Share Price	2025/04/03 00:00
Earnings	2024/12/30
Annual Earnings	2024/06/30

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	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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. 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
Warren Jeffries	Canaccord Genuity
Alan Francis	CCZ Equities Pty Limited
William Park	Citigroup Inc

SSM Stock Overview

Rewards

Risk Analysis

Service Stream Limited Competitors

ASX:MGH

AU$1.3b

ASX:SRG

AU$727.7m

ASX:NWH

AU$1.2b

ASX:TEA

AU$597.9m

Price History & Performance

Recent News & Updates

Non-Executive Chairman of the Board recently sold AU$160k worth of stock

Upcoming dividend of AU$0.025 per share

Consensus EPS estimates increase by 19%, revenue downgraded

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

First half dividend increased to AU$0.025

Price target increased by 17% to AU$1.93

Recent updates

Non-Executive Chairman of the Board recently sold AU$160k worth of stock

Upcoming dividend of AU$0.025 per share

Consensus EPS estimates increase by 19%, revenue downgraded

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

First half dividend increased to AU$0.025

Price target increased by 17% to AU$1.93

Acquisition Of Lendlease Will Expand Addressable Markets

Service Stream Limited to Report Fiscal Year 2025 Results on Aug 20, 2025

Service Stream Limited to Report First Half, 2025 Results on Feb 20, 2025

New minor risk - Insider selling

MD & Director recently sold AU$1.2m worth of stock

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

MD & Director exercised options to buy AU$1.2m worth of stock.

Upcoming dividend of AU$0.025 per share

Final dividend of AU$0.025 announced

Price target increased by 13% to AU$1.61

Full year 2024 earnings released

Service Stream Limited Declares Final Fully Franked Dividend, Payable on 4 October 2024

Price target increased by 9.2% to AU$1.42

Price target increased by 8.9% to AU$1.37

Service Stream Limited to Report Fiscal Year 2024 Results on Aug 21, 2024

Non-Executive Chairman of the Board recently sold AU$2.0m worth of stock

Upcoming dividend of AU$0.02 per share

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

Consensus EPS estimates increase by 34%

First half dividend of AU$0.02 announced

First half 2024 earnings released: EPS: AU$0.021 (vs AU$0.01 loss in 1H 2023)

Service Stream Limited Announces Resignation of Nick Miller as Non-Executive Director, Effective 16 January 2024

Service Stream Limited to Report First Half, 2024 Results on Feb 22, 2024

Service Stream Limited Appoints Nick Miller as Independent Non-Executive Director, Effective from 1 November 2023

MD & Director exercised options to buy AU$55k worth of stock.

Upcoming dividend of AU$0.01 per share at 2.2% yield

Service Stream Limited Announces Retirement of Peter Dempsey as Director

Price target increased by 8.0% to AU$1.04

New minor risk - Earnings quality

Service Stream Limited Declares Final Fully Franked Dividend, Payable on 5 October 2023

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Now 20% undervalued

First half 2023 earnings released: AU$0.01 loss per share (vs AU$0.009 profit in 1H 2022)

Price target decreased by 11% to AU$0.85

Service Stream Limited Provides Interim Dividend Guidance for the Half Year

Service Stream Limited, Annual General Meeting, Oct 18, 2023

Price target decreased to AU$1.01

Service Stream Limited Appoints Sylvia Wiggins as an Independent Non-Executive Director, Effective 7 November 2022

MD & Director recently bought AU$98k worth of stock

Upcoming dividend of AU$0.01 per share

Service Stream Limited Announces Board Changes

Independent Non Executive Director recently bought AU$95k worth of stock

Now 22% undervalued after recent price drop

Price target decreased to AU$1.08

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

Service Stream Limited to Report Fiscal Year 2022 Final Results on Aug 26, 2022

Service Stream Limited, Annual General Meeting, Oct 19, 2022

MD & Director recently bought AU$88k worth of stock

Service Stream Limited to Report Fiscal Year 2022 Results on Aug 23, 2022

Non-Executive Chairman of the Board recently bought AU$80k worth of stock

Consensus EPS estimates increase by 82%

First half 2022 earnings: EPS and revenues miss analyst expectations

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