| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 2/6 |
| Past Performance | 2/6 |
| Financial Health | 4/6 |
| Dividends | 3/6 |
SDF Stock Overview
Steadfast Group Limited provides general insurance brokerage services Australasia, Asia, and Europe.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$5.17 |
| 52 Week High | AU$5.44 |
| 52 Week Low | AU$3.75 |
| Beta | 0.86 |
| 1 Month Change | 2.17% |
| 3 Month Change | 7.93% |
| 1 Year Change | 28.29% |
| 3 Year Change | 93.63% |
| 5 Year Change | 121.89% |
| Change since IPO | 264.09% |
Recent News & Updates
Analysts' Revenue Estimates For Steadfast Group Limited (ASX:SDF) Are Surging Higher
Shareholders in Steadfast Group Limited ( ASX:SDF ) may be thrilled to learn that the analysts have just delivered a...
Shareholder Returns
| SDF | AU Insurance | AU Market | |
|---|---|---|---|
| 7D | -1.5% | -1.6% | -0.5% |
| 1Y | 28.3% | 17.6% | 10.4% |
Return vs Industry: SDF exceeded the Australian Insurance industry which returned 17.6% over the past year.
Return vs Market: SDF exceeded the Australian Market which returned 10.4% over the past year.
Price Volatility
| SDF volatility | |
|---|---|
| SDF Average Weekly Movement | 3.3% |
| Insurance Industry Average Movement | 3.3% |
| Market Average Movement | 8.4% |
| 10% most volatile stocks in AU Market | 15.2% |
| 10% least volatile stocks in AU Market | 3.6% |
Stable Share Price: SDF is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: SDF's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1996 | n/a | Robert Kelly | https://www.steadfast.com.au |
Steadfast Group Limited provides general insurance brokerage services Australasia, Asia, and Europe. It also provides insurance underwriting services and related services. The company operates a network of 457 general insurance brokers and 24 underwriting agencies.
Steadfast Group Fundamentals Summary
| SDF fundamental statistics | |
|---|---|
| Market Cap | AU$5.03b |
| Earnings (TTM) | AU$143.00m |
| Revenue (TTM) | AU$944.40m |
35.2x
P/E Ratio5.3x
P/S RatioIs SDF overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SDF income statement (TTM) | |
|---|---|
| Revenue | AU$944.40m |
| Cost of Revenue | AU$502.80m |
| Gross Profit | AU$441.60m |
| Expenses | AU$298.60m |
| Earnings | AU$143.00m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Feb 23, 2022
| Earnings per share (EPS) | 0.15 |
| Gross Margin | 46.76% |
| Net Profit Margin | 15.14% |
| Debt/Equity Ratio | 59.3% |
How did SDF perform over the long term?
See historical performance and comparisonDividends
2.2%
Current Dividend Yield69%
Payout RatioValuation
Is Steadfast Group undervalued compared to its fair value and its price relative to the market?
35.2x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: SDF (A$5.17) is trading above our estimate of fair value (A$4.4)
Significantly Below Fair Value: SDF is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SDF is poor value based on its PE Ratio (35.2x) compared to the Australian Insurance industry average (30.7x).
PE vs Market: SDF is poor value based on its PE Ratio (35.2x) compared to the Australian market (19.3x).
Price to Earnings Growth Ratio
PEG Ratio: SDF is poor value based on its PEG Ratio (3.5x)
Price to Book Ratio
PB vs Industry: SDF is overvalued based on its PB Ratio (4.3x) compared to the AU Insurance industry average (4.1x).
Future Growth
How is Steadfast Group forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
10.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SDF's forecast earnings growth (10.2% per year) is above the savings rate (1.9%).
Earnings vs Market: SDF's earnings (10.2% per year) are forecast to grow slower than the Australian market (11.3% per year).
High Growth Earnings: SDF's earnings are forecast to grow, but not significantly.
Revenue vs Market: SDF's revenue (6.5% per year) is forecast to grow faster than the Australian market (4.9% per year).
High Growth Revenue: SDF's revenue (6.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SDF's Return on Equity is forecast to be low in 3 years time (10.1%).
Past Performance
How has Steadfast Group performed over the past 5 years?
-4.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SDF has high quality earnings.
Growing Profit Margin: SDF became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: SDF's earnings have declined by 4.6% per year over the past 5 years.
Accelerating Growth: SDF has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: SDF has become profitable in the last year, making it difficult to compare its past year earnings growth to the Insurance industry (57.5%).
Return on Equity
High ROE: SDF's Return on Equity (13.1%) is considered low.
Financial Health
How is Steadfast Group's financial position?
Financial Position Analysis
Short Term Liabilities: SDF's short term assets (A$1.4B) exceed its short term liabilities (A$874.8M).
Long Term Liabilities: SDF's short term assets (A$1.4B) exceed its long term liabilities (A$840.7M).
Debt to Equity History and Analysis
Debt Level: SDF's net debt to equity ratio (41.1%) is considered high.
Reducing Debt: SDF's debt to equity ratio has increased from 22.5% to 59.3% over the past 5 years.
Debt Coverage: SDF's debt is well covered by operating cash flow (33.2%).
Interest Coverage: SDF's interest payments on its debt are well covered by EBIT (17.6x coverage).
Balance Sheet
Dividend
What is Steadfast Group current dividend yield, its reliability and sustainability?
2.21%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SDF's dividend (2.21%) is higher than the bottom 25% of dividend payers in the Australian market (2.18%).
High Dividend: SDF's dividend (2.21%) is low compared to the top 25% of dividend payers in the Australian market (5.39%).
Stability and Growth of Payments
Stable Dividend: SDF has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: SDF's dividend payments have increased, but the company has only paid a dividend for 8 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (68.9%), SDF's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SDF's dividends in 3 years are forecast to be covered by earnings (66% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
7.8yrs
Average management tenure
CEO
Robert Kelly (73 yo)
25.75yrs
Tenure
AU$4,437,736
Compensation
Mr. Robert Bernard Kelly co-founded Steadfast Group Limited and has been its Chief Executive Officer and Managing Director since April 18, 1996. Mr. Kelly has experience in the insurance industry. He serve...
CEO Compensation Analysis
Compensation vs Market: Robert's total compensation ($USD3.21M) is above average for companies of similar size in the Australian market ($USD1.72M).
Compensation vs Earnings: Robert's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: SDF's management team is seasoned and experienced (7.8 years average tenure).
Board Members
Experienced Board: SDF's board of directors are considered experienced (9 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SDF insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 12.6%.
Top Shareholders
Company Information
Steadfast Group Limited's employee growth, exchange listings and data sources
Key Information
- Name: Steadfast Group Limited
- Ticker: SDF
- Exchange: ASX
- Founded: 1996
- Industry: Insurance Brokers
- Sector: Insurance
- Implied Market Cap: AU$5.034b
- Shares outstanding: 973.69m
- Website: https://www.steadfast.com.au
Location
- Steadfast Group Limited
- 99 Bathurst Street
- Level 4
- Sydney
- New South Wales
- 2000
- Australia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/17 16:34 |
| End of Day Share Price | 2022/01/17 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2021/06/30 |
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.