Steadfast Group Future Growth

Future criteria checks 1/6

Steadfast Group is forecast to grow earnings and revenue by 11% and 5.7% per annum respectively. EPS is expected to grow by 10.8% per annum. Return on equity is forecast to be 13.5% in 3 years.

Key information

11.0%

Earnings growth rate

10.8%

EPS growth rate

Insurance earnings growth	7.8%
Revenue growth rate	5.7%
Future return on equity	13.5%
Analyst coverage	Good
Last updated	19 Dec 2024

Recent future growth updates

Revenue Beat: Steadfast Group Limited Exceeded Revenue Forecasts By 5.6% And Analysts Are Updating Their Estimates

Aug 19

Recent updates

Risks To Shareholder Returns Are Elevated At These Prices For Steadfast Group Limited (ASX:SDF)

Dec 19

Steadfast Group (ASX:SDF) Will Pay A Larger Dividend Than Last Year At A$0.09

Aug 19

Steadfast Group (ASX:SDF) Will Pay A Larger Dividend Than Last Year At A$0.078

Aug 19

News Flash: Analysts Just Made A Sizeable Upgrade To Their Steadfast Group Limited (ASX:SDF) Forecasts

Aug 18

With EPS Growth And More, Steadfast Group (ASX:SDF) Makes An Interesting Case

Jul 04

Here's Why I Think Steadfast Group (ASX:SDF) Is An Interesting Stock

Mar 15

Steadfast Group's (ASX:SDF) Upcoming Dividend Will Be Larger Than Last Year's

Feb 25

Analysts' Revenue Estimates For Steadfast Group Limited (ASX:SDF) Are Surging Higher

Aug 22

Revenue Beat: Steadfast Group Limited Exceeded Revenue Forecasts By 5.6% And Analysts Are Updating Their Estimates

Aug 19

Don't Race Out To Buy Steadfast Group Limited (ASX:SDF) Just Because It's Going Ex-Dividend

Feb 25

Shareholders Of Steadfast Group (ASX:SDF) Must Be Happy With Their 173% Total Return

Feb 22

How Much Is Steadfast Group's (ASX:SDF) CEO Getting Paid?

Jan 28

Earnings and Revenue Growth Forecasts

ASX:SDF - Analysts future estimates and past financials data (AUD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
6/30/2027	2,108	348	474	474	9
6/30/2026	2,021	324	441	443	10
6/30/2025	1,878	294	420	424	10
6/30/2024	1,759	228	287	299	N/A
3/31/2024	1,669	216	276	287	N/A
12/31/2023	1,578	205	265	275	N/A
9/30/2023	1,521	197	336	350	N/A
6/30/2023	1,464	189	408	425	N/A
3/31/2023	1,374	170	347	363	N/A
12/31/2022	1,285	151	285	301	N/A
9/30/2022	1,226	162	262	274	N/A
6/30/2022	1,167	172	239	248	N/A
3/31/2022	1,111	173	186	192	N/A
12/31/2021	1,055	175	133	137	N/A
9/30/2021	1,000	159	186	193	N/A
6/30/2021	944	143	238	249	N/A
3/31/2021	916	117	239	256	N/A
12/31/2020	887	90	240	263	N/A
9/30/2020	872	17	219	242	N/A
6/30/2020	857	-55	198	222	N/A
3/31/2020	842	-32	208	230	N/A
12/31/2019	826	-9	218	239	N/A
9/30/2019	775	48	180	200	N/A
6/30/2019	723	104	143	161	N/A
3/31/2019	687	93	128	150	N/A
12/31/2018	650	83	113	138	N/A
9/30/2018	626	79	105	131	N/A
6/30/2018	601	76	98	123	N/A
3/31/2018	575	69	N/A	124	N/A
12/31/2017	548	63	N/A	125	N/A
9/30/2017	537	65	N/A	116	N/A
6/30/2017	526	67	N/A	108	N/A
3/31/2017	520	70	N/A	94	N/A
12/31/2016	514	72	N/A	81	N/A
9/30/2016	506	73	N/A	103	N/A
6/30/2016	498	73	N/A	126	N/A
3/31/2016	475	70	N/A	130	N/A
12/31/2015	452	67	N/A	134	N/A
9/30/2015	390	55	N/A	100	N/A
6/30/2015	328	42	N/A	67	N/A
3/31/2015	276	36	N/A	55	N/A
12/31/2014	223	30	N/A	44	N/A
9/30/2014	204	28	N/A	25	N/A
6/30/2014	185	25	N/A	5	N/A
3/31/2014	144	9	N/A	-4	N/A
12/31/2013	102	-6	N/A	-14	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: SDF's forecast earnings growth (11% per year) is above the savings rate (2.6%).

Earnings vs Market: SDF's earnings (11% per year) are forecast to grow slower than the Australian market (12.5% per year).

High Growth Earnings: SDF's earnings are forecast to grow, but not significantly.

Revenue vs Market: SDF's revenue (5.7% per year) is forecast to grow slower than the Australian market (5.9% per year).

High Growth Revenue: SDF's revenue (5.7% 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 (13.5%).

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/20 07:37
End of Day Share Price	2024/12/20 00:00
Earnings	2024/06/30
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 here.

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 .

Analyst Sources

Steadfast Group Limited is covered by 19 analysts. 10 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
Andrew Adams	Barrenjoey Markets Pty Limited
Nicholas McGarrigle	Barrenjoey Markets Pty Limited
Christiane Holstein	BofA Global Research

Steadfast Group Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Steadfast Group Limited Updates Earnings Guidance for the Full Year 2023

Consensus revenue estimates increase by 15%

Price target increased to AU$4.89

Revenue Beat: Steadfast Group Limited Exceeded Revenue Forecasts By 5.6% And Analysts Are Updating Their Estimates

Consensus forecasts updated

Recent updates

Now 20% undervalued after recent price drop

Co-Founder recently sold AU$2.0m worth of stock

There's Reason For Concern Over Steadfast Group Limited's (ASX:SDF) Price

Is Now The Time To Put Steadfast Group (ASX:SDF) On Your Watchlist?

Non-Executive Independent Chairman recently bought AU$304k worth of stock

Investor sentiment deteriorates as stock falls 17%

Now 24% undervalued

Final dividend increased to AU$0.10

Steadfast Group Limited to Report First Half, 2025 Results on Feb 26, 2025

Full year 2024 earnings: EPS misses analyst expectations

Steadfast Group Limited Announces Final Franked Dividend for the Year Ended 30 June 2024, Payable on 24 September 2024

Getting In Cheap On Steadfast Group Limited (ASX:SDF) Is Unlikely

With EPS Growth And More, Steadfast Group (ASX:SDF) Makes An Interesting Case

Do Steadfast Group's (ASX:SDF) Earnings Warrant Your Attention?

Steadfast Group Limited's (ASX:SDF) Share Price Not Quite Adding Up

Steadfast Group (ASX:SDF) Has Announced A Dividend Of A$0.0675

First half dividend increased to AU$0.068

First half 2024 earnings released: EPS: AU$0.096 (vs AU$0.085 in 1H 2023)

Steadfast Group Limited has completed a Follow-on Equity Offering in the amount of AUD 68.125925 million.

Risks To Shareholder Returns Are Elevated At These Prices For Steadfast Group Limited (ASX:SDF)

Steadfast Group Limited has completed a Follow-on Equity Offering in the amount of AUD 275.642028 million.

Steadfast Group Limited, Annual General Meeting, Nov 01, 2024

Steadfast Group Limited (ASX:SDF) entered into an agreement to acquire 70% stake in Combined Agency Group Pty Limited for approximately AUD 280 million.

New minor risk - Shareholder dilution

Steadfast Group Limited has filed a Follow-on Equity Offering.

Steadfast Group Limited Appoints Andrew Bloore as A Director

Steadfast Group Limited (ASX:SDF) acquired ISU Group for $55 million.

Non-Executive Independent Chairman recently bought AU$305k worth of stock

Steadfast Group Limited Announces Executive Changes

New minor risk - Dividend sustainability

Steadfast Group (ASX:SDF) Will Pay A Larger Dividend Than Last Year At A$0.09

Full year 2023 earnings released: EPS: AU$0.18 (vs AU$0.18 in FY 2022)

Javelin Limited acquired Underwriter Central and Insurance Connect businesses of Steadfast Group.

Steadfast Group Limited Appoints Duncan Ramsay as Additional Company Secretary

Co-Founder recently sold AU$2.0m worth of stock

Non-Executive Independent Chairman recently sold AU$290k worth of stock

First half 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Steadfast Group Limited Updates Earnings Guidance for the Full Year 2023

Steadfast Group Limited to Report Fiscal Year 2023 Results on Aug 17, 2023

Steadfast Group Limited to Report First Half, 2023 Results on Feb 22, 2023

Non-Executive Independent Chairman recently sold AU$609k worth of stock

Now 20% undervalued after recent price drop

Key Executive recently sold AU$306k worth of stock

Co-Founder exercised options and sold AU$68k worth of stock

Steadfast Group Limited (ASX:SDF) Completed the acquisition of Insurance Brands Australia Pty Limited.

Consensus revenue estimates increase by 15%

Steadfast Group (ASX:SDF) Will Pay A Larger Dividend Than Last Year At A$0.078

News Flash: Analysts Just Made A Sizeable Upgrade To Their Steadfast Group Limited (ASX:SDF) Forecasts

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Steadfast Group Limited (ASX:SDF) entered into an agreement to acquire Insurance Brands Australia Pty Limited for AUD 301 million.

Steadfast Group Limited Announces Dividend for the Period of Six Months Ended 30 June 2022, Payable on 9 September 2022

Steadfast Group Limited Appoints Ms Joan Cleary as A Director , Effective from 28 July 2022

With EPS Growth And More, Steadfast Group (ASX:SDF) Makes An Interesting Case

Non-Executive Independent Director recently sold AU$351k worth of stock

Insufficient new directors

Co-Founder recently sold AU$477k worth of stock

Independent Non-Executive Director recently bought AU$58k worth of stock

Here's Why I Think Steadfast Group (ASX:SDF) Is An Interesting Stock

Now 20% undervalued after recent price drop

Steadfast Group's (ASX:SDF) Upcoming Dividend Will Be Larger Than Last Year's

First half 2022 earnings: EPS exceeds analyst expectations

Steadfast Group Retirement of Philip Purcell as Director

Insufficient new directors

Co-Founder recently sold AU$1.5m worth of stock

Non-Executive Independent Chairman recently bought AU$470k worth of stock

Co-Founder exercised options and sold AU$1.4m worth of stock

Price target increased to AU$4.89

Analysts' Revenue Estimates For Steadfast Group Limited (ASX:SDF) Are Surging Higher

Steadfast Group Limited (ASX:SDF) completed the acquisition of Coverforce Holdco Pty Limited from Jim Angelis and Management for approximately AUD 420 million.

Revenue Beat: Steadfast Group Limited Exceeded Revenue Forecasts By 5.6% And Analysts Are Updating Their Estimates