SDF Stock Overview
Steadfast Group Limited provides general insurance brokerage services Australasia, Asia, and Europe.
Steadfast Group Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$5.41|
|52 Week High||AU$5.50|
|52 Week Low||AU$4.27|
|1 Month Change||7.56%|
|3 Month Change||9.96%|
|1 Year Change||15.35%|
|3 Year Change||56.36%|
|5 Year Change||90.49%|
|Change since IPO||280.99%|
Recent News & Updates
With EPS Growth And More, Steadfast Group (ASX:SDF) Makes An Interesting Case
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
|SDF||AU Insurance||AU Market|
Return vs Industry: SDF exceeded the Australian Insurance industry which returned -6% over the past year.
Return vs Market: SDF exceeded the Australian Market which returned -8.8% over the past year.
|SDF Average Weekly Movement||2.8%|
|Insurance Industry Average Movement||4.2%|
|Market Average Movement||10.5%|
|10% most volatile stocks in AU Market||17.8%|
|10% least volatile stocks in AU Market||4.6%|
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
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|
Is SDF overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|SDF income statement (TTM)|
|Cost of Revenue||AU$546.30m|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
Aug 17, 2022
|Earnings per share (EPS)||0.18|
|Net Profit Margin||16.54%|
How did SDF perform over the long term?See historical performance and comparison
2.3%Current Dividend Yield
Is SDF undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 0/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for SDF?
Other financial metrics that can be useful for relative valuation.
|What is SDF's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does SDF's PE Ratio compare to its peers?
|SDF PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
AUB AUB Group
PSI PSC Insurance Group
NHF nib holdings
MPL Medibank Private
SDF Steadfast Group
Price-To-Earnings vs Peers: SDF is expensive based on its Price-To-Earnings Ratio (30.2x) compared to the peer average (25.1x).
Price to Earnings Ratio vs Industry
How does SDF's PE Ratio compare vs other companies in the Global Insurance Industry?
Price-To-Earnings vs Industry: SDF is expensive based on its Price-To-Earnings Ratio (30.2x) compared to the Global Insurance industry average (12x)
Price to Earnings Ratio vs Fair Ratio
What is SDF's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||30.2x|
|Fair PE Ratio||26.4x|
Price-To-Earnings vs Fair Ratio: SDF is expensive based on its Price-To-Earnings Ratio (30.2x) compared to the estimated Fair Price-To-Earnings Ratio (26.4x).
Share Price vs Fair Value
What is the Fair Price of SDF when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: SDF (A$5.41) is trading above our estimate of fair value (A$5.4)
Significantly Below Fair Value: SDF is trading above our estimate of fair value.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is less than 20% higher than the current share price.
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How is Steadfast Group forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Future Growth Score2/6
Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SDF's forecast earnings growth (6.7% per year) is above the savings rate (1.8%).
Earnings vs Market: SDF's earnings (6.7% per year) are forecast to grow faster than the Australian market (6.2% per year).
High Growth Earnings: SDF's earnings are forecast to grow, but not significantly.
Revenue vs Market: SDF's revenue (5.8% per year) is forecast to grow slower than the Australian market (6% per year).
High Growth Revenue: SDF's revenue (5.8% 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 (12.3%).
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How has Steadfast Group performed over the past 5 years?
Past Performance Score5/6
Past Performance Score 5/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SDF has high quality earnings.
Growing Profit Margin: SDF's current net profit margins (16.5%) are higher than last year (10.2%).
Past Earnings Growth Analysis
Earnings Trend: SDF's earnings have grown by 10.5% per year over the past 5 years.
Accelerating Growth: SDF's earnings growth over the past year (93.7%) exceeds its 5-year average (10.5% per year).
Earnings vs Industry: SDF earnings growth over the past year (93.7%) exceeded the Insurance industry 64.4%.
Return on Equity
High ROE: SDF's Return on Equity (11.2%) is considered low.
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How is Steadfast Group's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: SDF's short term assets (A$1.7B) exceed its short term liabilities (A$1.5B).
Long Term Liabilities: SDF's short term assets (A$1.7B) exceed its long term liabilities (A$558.8M).
Debt to Equity History and Analysis
Debt Level: SDF's net debt to equity ratio (37.1%) is considered satisfactory.
Reducing Debt: SDF's debt to equity ratio has increased from 22.6% to 49.5% over the past 5 years.
Debt Coverage: SDF's debt is well covered by operating cash flow (21.5%).
Interest Coverage: SDF's interest payments on its debt are well covered by EBIT (21x coverage).
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What is Steadfast Group current dividend yield, its reliability and sustainability?
Dividend Score 2/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SDF's dividend (2.26%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.65%).
High Dividend: SDF's dividend (2.26%) is low compared to the top 25% of dividend payers in the Australian market (6.33%).
Stability and Growth of Payments
Stable Dividend: SDF has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: SDF's dividend payments have increased, but the company has only paid a dividend for 8 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (61.9%), SDF's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (63.8%), SDF's dividend payments are covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Robert Kelly (74 yo)
Mr. Robert Bernard Kelly, AM, Co-Founded Steadfast Group Limited and has been its Chief Executive Officer and Managing Director since April 18, 1996. Mr. Kelly has experience in the insurance industry. He...
CEO Compensation Analysis
Compensation vs Market: Robert's total compensation ($USD3.15M) is above average for companies of similar size in the Australian market ($USD2.01M).
Compensation vs Earnings: Robert's compensation has been consistent with company performance over the past year.
Experienced Management: SDF's management team is seasoned and experienced (9.2 years average tenure).
Experienced Board: SDF's board of directors are considered experienced (9.3 years average tenure).
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 12.2%.
Steadfast Group Limited's employee growth, exchange listings and data sources
- Name: Steadfast Group Limited
- Ticker: SDF
- Exchange: ASX
- Founded: 1996
- Industry: Insurance Brokers
- Sector: Insurance
- Implied Market Cap: AU$5.268b
- Shares outstanding: 973.79m
- Website: https://www.steadfast.com.au
- Steadfast Group Limited
- 99 Bathurst Street
- Level 4
- New South Wales
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/11 00:00|
|End of Day Share Price||2022/08/11 00:00|
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.