Executive Summary
Suncorp Group Limited provides insurance, banking, and wealth products and services to retail, corporate, and commercial sectors in Australia and New Zealand.
Snowflake
Fundamentals
Proven track record second-rate dividend payer.
Similar Companies
Share Price & News
How has Suncorp Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
-0.1%
ASX:SUN
-0.7%
AU Insurance
-0.4%
AU Market
1 Year Return
-12.3%
ASX:SUN
0.4%
AU Insurance
2.1%
AU Market
SUN underperformed the Insurance industry which returned 0.4% over the past year.
SUN underperformed the Market in Australia which returned 2.1% over the past year.
Share holder returns
| SUN | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.1% | -0.7% | -0.4% |
| 30 Day | 1.4% | -2.7% | -2.5% |
| 90 Day | -5.0% | -2.3% | 0.5% |
| 1 Year | -7.0%-12.3% | 6.1%0.4% | 8.0%2.1% |
| 3 Year | 23.2%4.1% | 42.1%22.3% | 32.4%14.9% |
| 5 Year | 21.7%-8.6% | 44.4%10.8% | 39.6%8.3% |
Price Volatility Vs. Market
How volatile is Suncorp Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
The Non Executive Director of Suncorp Group Limited (ASX:SUN), Ian Hammond, Just Bought 26.153363% More Shares1 week ago | Simply Wall St
Only 4 Days Left To Cash In On Suncorp Group Limited (ASX:SUN) Dividend2 weeks ago | Simply Wall St
The Suncorp Group (ASX:SUN) Share Price Is Down 15% So Some Shareholders Are Getting WorriedValuation
Is Suncorp Group undervalued based on future cash flows and its price relative to the stock market?
16.36x
Price to Earnings (PE) ratio
Intrinsic Value Based on Future Cash Flows
Suncorp Group's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
Suncorp Group's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
Price Based on Earnings
Suncorp Group is good value based on earnings compared to the AU Insurance industry average.
Suncorp Group is overvalued based on earnings compared to the Australia market.
Price Based on Expected Growth
Suncorp Group is poor value based on expected growth next year.
Price Based on Value of Assets
Suncorp Group is good value based on assets compared to the AU Insurance industry average.
Next Steps
Future Growth
How is Suncorp Group expected to perform in the next 1 to 3 years based on estimates from 11 analysts?
4.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
Suncorp Group's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Suncorp Group's earnings are expected to grow by 4.8% yearly, however this is not considered high growth (20% yearly).
Suncorp Group's revenues are expected to decrease over the next 1-3 years, this is below the Australia market average.
Suncorp Group's earnings growth is positive but not above the Australia market average.
Suncorp Group's earnings growth is expected to exceed the low risk savings rate of 2.3%.
Earnings per Share Growth Estimates
Future Return on Equity
Suncorp Group is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
Next Steps
Past Performance
How has Suncorp Group performed over the past 5 years?
3.2%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Suncorp Group's year on year earnings growth rate has been positive over the past 5 years.
Suncorp Group's 1-year earnings growth exceeds its 5-year average (10.5% vs 3.2%)
Suncorp Group's earnings growth has exceeded the AU Insurance industry average in the past year (10.5% vs -5.2%).
Return on Equity
Suncorp Group has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
Return on Assets
Suncorp Group used its assets less efficiently than the AU Insurance industry average last year based on Return on Assets.
Return on Capital Employed
Suncorp Group has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
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Financial Health
How is Suncorp Group's financial position?
Financial Position Analysis
Suncorp Group's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
Suncorp Group's long term commitments exceed its cash and other short term assets.
Debt to Equity History and Analysis
Suncorp Group's level of debt (190.2%) compared to net worth is high (greater than 40%).
The level of debt compared to net worth has increased over the past 5 years (174.7% vs 190.2% today).
Debt is not well covered by operating cash flow (7.4%, less than 20% of total debt).
Interest payments on debt are not well covered by earnings (EBIT is 2x annual interest expense, ideally 3x coverage).
Balance Sheet
Low level of unsold assets.
Debt is not covered by short term assets, assets are 0.4x debt.
Next Steps
Dividend
What is Suncorp Group's current dividend yield, its reliability and sustainability?
5.52%
Expected Dividend Yield
Upcoming Dividend Payment
Purchase Suncorp Group before the 'Buy Limit' to receive their next dividend payment.
Dividend Yield and Payments Analysis
Suncorp Group's pays a higher dividend yield than the bottom 25% of dividend payers in Australia (2.54%).
Suncorp Group's dividend is below the markets top 25% of dividend payers in Australia (5.81%).
Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
Dividends per share have fallen over the past 10 years.
Current Payout to Shareholders
Dividends paid are covered by earnings (1.2x coverage).
Future Payout to Shareholders
Dividends after 3 years are expected to be covered by earnings (1.3x coverage).
Next Steps
Management
What is the CEO of Suncorp Group's salary, the management and board of directors tenure and is there insider trading?
2.9yrs
Average management tenure
CEO
Steve Johnston 0
0.3yrs
Tenure
AU$2,216,000
Compensation
Mr. Steve Johnston, B.Bus (Management), B.Bus (Public Administration), is Acting Chief Executive Officer of Suncorp Group Ltd. and Suncorp–Metway Limited since May 27, 2019. He was Group Chief Financial Of ...
CEO Compensation Analysis
Steve's remuneration is lower than average for companies of similar size in Australia.
Steve's compensation has been consistent with company performance over the past year, both up more than 20%.
Management Age and Tenure
2.9yrs
Average Tenure
The tenure for the Suncorp Group management team is about average.
Board Age and Tenure
2.0yrs
Average Tenure
56yo
Average Age
The average tenure for the Suncorp Group board of directors is less than 3 years, this suggests a new board.
Insider Trading
More shares have been bought than sold by Suncorp Group individual insiders in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Member of the Board of Directors Non-Executive Director |
| Shares | 10,000 |
| Max Price | AU$13.33 |
| Entity | Individual |
| Role | Member of the Board of Directors Non-Executive Director |
| Shares | 4,000 |
| Max Price | AU$13.84 |
| Entity | Individual |
| Role | Member of the Board of Directors Non Executive Director |
| Shares | 5,000 |
| Max Price | AU$13.50 |
| Entity | Company |
| Shares | 21,106,671 |
| Max Price | AU$13.57 |
| Entity | Company |
| Shares | 863,566 |
| Max Price | AU$13.90 |
| Entity | Company |
| Shares | 15,885,354 |
| Max Price | AU$15.32 |
| Entity | Company |
| Shares | 31,747,719 |
| Max Price | AU$15.77 |
| Entity | Individual |
| Role | Member of the Board of Directors Non-Executive Director |
| Shares | 2,175 |
| Max Price | AU$13.79 |
| Entity | Individual |
| Role | Member of the Board of Directors Non-Executive Director |
| Shares | 6,000 |
| Max Price | AU$13.20 |
| Entity | Individual |
| Role | Member of the Board of Directors Non-Executive Director |
| Shares | 5,000 |
| Max Price | AU$13.34 |
| Entity | Individual |
| Role | Member of the Board of Directors Non-Executive Director |
| Shares | 5,000 |
| Max Price | AU$13.81 |
| Entity | Individual |
| Role | Member of the Board of Directors Non Executive Director |
| Shares | 15,000 |
| Max Price | AU$14.00 |
| Entity | Company |
| Shares | 12,281,739 |
| Max Price | AU$14.67 |
| Entity | Individual |
| Role | Member of the Board of Directors Non-Executive Director |
| Shares | 1,725 |
| Max Price | AU$14.45 |
| Entity | Individual |
| Role | Chairman of the Board Chairman of the Board |
| Shares | 24,000 |
| Max Price | AU$14.50 |
Ownership Breakdown
Management Team
Jeremy Robson
Acting Chief Financial Officer
- Tenure: 0.3yrs
- Compensation: AU$859.63k
Amanda Revis
Chief People Experience Officer
- Tenure: 3.4yrs
- Compensation: AU$1.68m
Gary Dransfield
Chief Executive Officer of Insurance
- Tenure: 1.8yrs
- Compensation: AU$2.13m
Patrick Farrell
Head of Investment
- Tenure: 3.1yrs
Steve Johnston
Acting Chief Executive Officer
- Tenure: 0.3yrs
- Compensation: AU$2.22m
Paul Smeaton
Chief Executive Officer of New Zealand
- Tenure: 3.9yrs
- Compensation: AU$1.80m
Sarah Harland
Chief Information Officer
- Tenure: 2.9yrs
- Compensation: AU$1.48m
Fiona Thompson
Chief Risk Officer
- Tenure: 2.8yrs
- Compensation: AU$1.30m
David Carter
Chief Executive Officer of Banking & Wealth
- Tenure: 2.9yrs
- Compensation: AU$1.62m
Lisa Harrison
Chief Customer & Digital Officer
- Tenure: 2.1yrs
- Compensation: AU$1.14m
Board Members
Doug McTaggart (66yo)
Non-Executive Director
- Tenure: 7.3yrs
- Compensation: AU$424.00k
Simon. C. Machell (55yo)
Non-Executive Director
- Tenure: 2.3yrs
- Compensation: AU$327.00k
Audette Exel (56yo)
Non-Executive Director
- Tenure: 7.2yrs
- Compensation: AU$274.00k
Sally Herman (61yo)
Non-Executive Director
- Tenure: 3.8yrs
- Compensation: AU$367.00k
Lindsay Tanner
Non-Executive Director
- Tenure: 1.6yrs
- Compensation: AU$291.00k
Sylvia Falzon (54yo)
Non-Executive Director
- Tenure: 0.9yrs
- Compensation: AU$217.00k
Christine McLoughlin (56yo)
Chairman of the Board
- Tenure: 0.9yrs
- Compensation: AU$576.00k
Ian Hammond (61yo)
Non Executive Director
- Tenure: 0.8yrs
- Compensation: AU$200.00k
Company Information
Suncorp Group Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Suncorp Group Limited
- Ticker: SUN
- Exchange: ASX
- Founded: 1902
- Industry: Property and Casualty Insurance
- Sector: Insurance
- Market Cap: AU$17.224b
- Shares outstanding: 1.29b
- Website: https://www.suncorpgroup.com.au
Number of Employees
Location
- Suncorp Group Limited
- Brisbane Square
- Level 28
- Brisbane
- Queensland
- 4000
- Australia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SUNDC | ASX (Australian Securities Exchange) | NPV DFD 08/10/19(EX-SPLIT) | AU | AUD | Invalid date | |
| SUN | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | Jan 1992 |
| SU4 | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Jan 1992 |
| SNMY.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Jan 1992 |
| SUN | CHIA (Chi-X Australia) | Yes | Ordinary Shares | AU | AUD | Jan 1992 |
| SNMC.Y | OTCPK (Pink Sheets LLC) | SPONSORED ADR | US | USD | Oct 2013 | |
| SUNPE | ASX (Australian Securities Exchange) | CNV PRF SHS (CPS3) | AU | AUD | May 2014 | |
| SUNPF | ASX (Australian Securities Exchange) | FRN CNV SUB PERP AUD100 'REGS' | AU | AUD | May 2017 |
Biography
Suncorp Group Limited provides insurance, banking, and wealth products and services to retail, corporate, and commercial sectors in Australia and New Zealand. It operates through Insurance, Banking & Wealt ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/08/21 10:32 |
| End of Day Share Price | 2019/08/21 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2019/06/30 |
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.