company background image
KPG

Kelly Partners Group HoldingsASX:KPG Stock Report

Market Cap

AU$162.5m

7D

13.9%

1Y

173.5%

Updated

16 Oct, 2021

Data

Company Financials +
KPG fundamental analysis
Snowflake Score
Valuation2/6
Future Growth5/6
Past Performance5/6
Financial Health3/6
Dividends2/6

KPG Overview

Kelly Partners Group Holdings Limited provides chartered accounting and other professional services to private businesses and clients, owners, families, and high net worth individuals in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Kelly Partners Group Holdings
Historical stock prices
Current Share PriceAU$3.61
52 Week HighAU$1.26
52 Week LowAU$4.13
Beta0.84
1 Month Change-4.75%
3 Month Change6.81%
1 Year Change173.49%
3 Year Change185.38%
5 Year Changen/a
Change since IPO165.44%

Recent News & Updates

Oct 13
Does Kelly Partners Group Holdings (ASX:KPG) Deserve A Spot On Your Watchlist?

Does Kelly Partners Group Holdings (ASX:KPG) Deserve A Spot On Your Watchlist?

It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...

Sep 30
Most Shareholders Will Probably Find That The CEO Compensation For Kelly Partners Group Holdings Limited (ASX:KPG) Is Reasonable

Most Shareholders Will Probably Find That The CEO Compensation For Kelly Partners Group Holdings Limited (ASX:KPG) Is Reasonable

Performance at Kelly Partners Group Holdings Limited ( ASX:KPG ) has been reasonably good and CEO Brett Kelly has done...

Sep 16
Kelly Partners Group Holdings (ASX:KPG) Has Affirmed Its Dividend Of AU$0.008

Kelly Partners Group Holdings (ASX:KPG) Has Affirmed Its Dividend Of AU$0.008

Kelly Partners Group Holdings Limited ( ASX:KPG ) will pay a dividend of AU$0.008 on the 30th of September. The...

Sep 09
Capital Investments At Kelly Partners Group Holdings (ASX:KPG) Point To A Promising Future

Capital Investments At Kelly Partners Group Holdings (ASX:KPG) Point To A Promising Future

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...

Shareholder Returns

KPGAU Professional ServicesAU Market
7D13.9%2.2%0.9%
1Y173.5%33.4%20.2%

Return vs Industry: KPG exceeded the Australian Professional Services industry which returned 33.4% over the past year.

Return vs Market: KPG exceeded the Australian Market which returned 20.2% over the past year.

Price Volatility

Is KPG's price volatile compared to industry and market?
KPG volatility
KPG Beta0.84
Industry Beta0.92
Market Beta1

Stable Share Price: KPG is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: KPG's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2006n/aBrett Kellyhttps://kellypartnersgroup.com.au

Kelly Partners Group Holdings Limited provides chartered accounting and other professional services to private businesses and clients, owners, families, and high net worth individuals in Australia. The company operates through two segments, Accounting and Other Services. It offers audits; business, and personal and investment structures; cloud accounting; corporate and management; estate planning and management; family law assistance; accounting; outsourced CFO; payroll; philanthropic; strata accounting and tax; ATO investigation and dispute; and taxation advice and compliance services.

Kelly Partners Group Holdings Fundamentals Summary

How do Kelly Partners Group Holdings's earnings and revenue compare to its market cap?
KPG fundamental statistics
Market CapAU$162.45m
Earnings (TTM)AU$4.63m
Revenue (TTM)AU$48.91m

35.1x

P/E Ratio

3.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
KPG income statement (TTM)
RevenueAU$48.91m
Cost of RevenueAU$22.66m
Gross ProfitAU$26.25m
ExpensesAU$21.62m
EarningsAU$4.63m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.10
Gross Margin53.67%
Net Profit Margin9.46%
Debt/Equity Ratio82.7%

How did KPG perform over the long term?

See historical performance and comparison

Dividends

1.5%

Current Dividend Yield

45%

Payout Ratio

Does KPG pay a reliable dividends?

See KPG dividend history and benchmarks
When do you need to buy KPG by to receive an upcoming dividend?
Kelly Partners Group Holdings dividend dates
Ex Dividend DateOct 20 2021
Dividend Pay DateOct 29 2021
Days until Ex dividend4 days
Days until Dividend pay date13 days

Does KPG pay a reliable dividends?

See KPG dividend history and benchmarks

Valuation

Is Kelly Partners Group Holdings undervalued compared to its fair value and its price relative to the market?

45.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: KPG (A$3.61) is trading below our estimate of fair value (A$6.62)

Significantly Below Fair Value: KPG is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: KPG is poor value based on its PE Ratio (35.1x) compared to the Australian Professional Services industry average (21.7x).

PE vs Market: KPG is poor value based on its PE Ratio (35.1x) compared to the Australian market (19.8x).


Price to Earnings Growth Ratio

PEG Ratio: KPG is poor value based on its PEG Ratio (1.1x)


Price to Book Ratio

PB vs Industry: KPG is overvalued based on its PB Ratio (9.1x) compared to the AU Professional Services industry average (3.9x).


Future Growth

How is Kelly Partners Group Holdings forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

33.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: KPG's forecast earnings growth (33.2% per year) is above the savings rate (1.9%).

Earnings vs Market: KPG's earnings (33.2% per year) are forecast to grow faster than the Australian market (11.8% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: KPG's revenue (13.2% per year) is forecast to grow faster than the Australian market (5.4% per year).

High Growth Revenue: KPG's revenue (13.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: KPG's Return on Equity is forecast to be very high in 3 years time (118.6%).


Past Performance

How has Kelly Partners Group Holdings performed over the past 5 years?

38.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: KPG has high quality earnings.

Growing Profit Margin: KPG's current net profit margins (9.5%) are higher than last year (8.3%).


Past Earnings Growth Analysis

Earnings Trend: KPG's earnings have grown significantly by 38.1% per year over the past 5 years.

Accelerating Growth: KPG's earnings growth over the past year (21.8%) is below its 5-year average (38.1% per year).

Earnings vs Industry: KPG earnings growth over the past year (21.8%) exceeded the Professional Services industry 9.3%.


Return on Equity

High ROE: KPG's Return on Equity (43.5%) is considered outstanding.


Financial Health

How is Kelly Partners Group Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: KPG's short term assets (A$13.7M) do not cover its short term liabilities (A$18.8M).

Long Term Liabilities: KPG's short term assets (A$13.7M) do not cover its long term liabilities (A$23.6M).


Debt to Equity History and Analysis

Debt Level: KPG's debt to equity ratio (82.7%) is considered high.

Reducing Debt: KPG's debt to equity ratio has reduced from 143.4% to 82.7% over the past 5 years.

Debt Coverage: KPG's debt is well covered by operating cash flow (72.5%).

Interest Coverage: KPG's interest payments on its debt are well covered by EBIT (9x coverage).


Balance Sheet


Dividend

What is Kelly Partners Group Holdings's current dividend yield, its reliability and sustainability?

1.47%

Current Dividend Yield


Upcoming Dividend Payment

TodayOct 16 2021Ex Dividend DateOct 20 2021Dividend Pay DateOct 29 20219 days from Ex DividendBuy in the next 4 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: KPG's dividend (1.47%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.27%).

High Dividend: KPG's dividend (1.47%) is low compared to the top 25% of dividend payers in the Australian market (5.32%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, KPG has been paying a dividend for less than 10 years.

Growing Dividend: KPG's dividend payments have increased, but the company has only paid a dividend for 4 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (45.3%), KPG's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: KPG's dividends in 3 years are forecast to be covered by earnings (50.3% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.5yrs

Average management tenure


CEO

Brett Kelly

no data

Tenure

AU$458,814

Compensation

Mr. Brett Kelly, BBus,CA,MTax,DipFS,RTA, JP, is Founder at Kelly Partners Group Holdings Limited. Mr. Kelly serves as the Chief Executive Officer and Executive Chairman of Kelly Partners Group Holdings Pty...


CEO Compensation Analysis

Compensation vs Market: Brett's total compensation ($USD340.54K) is about average for companies of similar size in the Australian market ($USD302.45K).

Compensation vs Earnings: Brett's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: KPG's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.


Board Members

Experienced Board: KPG's board of directors are considered experienced (4.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: KPG insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Kelly Partners Group Holdings Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Kelly Partners Group Holdings Limited
  • Ticker: KPG
  • Exchange: ASX
  • Founded: 2006
  • Industry: Research and Consulting Services
  • Sector: Commercial Services
  • Market Cap: AU$162.450m
  • Shares outstanding: 45.00m
  • Website: https://kellypartnersgroup.com.au

Location

  • Kelly Partners Group Holdings Limited
  • 32 Walker Street
  • Level 8
  • North Sydney
  • New South Wales
  • 2060
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/16 07:03
End of Day Share Price2021/10/15 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.