How does SDF's PE Ratio compare to its peers?

SDF is expensive based on its Price-To-Earnings Ratio (27.5x) compared to the peer average (18.8x).

How does SDF's PE Ratio compare vs other companies in the Global Insurance Industry?

SDF is expensive based on its Price-To-Earnings Ratio (27.5x) compared to the Global Insurance industry average (11.4x).

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.

SDF is expensive based on its Price-To-Earnings Ratio (27.5x) compared to the estimated Fair Price-To-Earnings Ratio (23.4x).

What is the Fair Price of SDF when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

SDF (A$5.7) is trading below our estimate of [[fair value]] (A$7.48)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is less than 20% higher than the current share price.

Steadfast Group (CHIA:SDF) - Stock Price, News & Analysis

SDF Stock Overview

Provides general insurance brokerage services Australasia, Asia, and Europe. More details

SDF fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	1/6
Past Performance	3/6
Financial Health	5/6
Dividends	4/6

Rewards

Trading at 23.8% below our estimate of its fair value

Earnings are forecast to grow 10.86% per year

Earnings have grown 34% per year over the past 5 years

Risk Analysis

Unstable dividend track record

Steadfast Group Limited Competitors

AUB Group

ASX:AUB

AU$3.7b

nib holdings

ASX:NHF

AU$2.8b

Insurance Australia Group

ASX:IAG

AU$19.5b

QBE Insurance Group

ASX:QBE

AU$29.5b

Price History & Performance

Summary of all time highs, changes and price drops for Steadfast Group
Historical stock prices
Current Share Price	AU$5.70
52 Week High	AU$6.60
52 Week Low	AU$5.19
Beta	0.68
11 Month Change	4.97%
3 Month Change	-11.90%
1 Year Change	5.56%
33 Year Change	10.89%
5 Year Change	64.50%
Change since IPO	275.00%

Recent updates

Shareholder Returns

	SDF	AU Insurance	AU Market
7D	2.3%	4.1%	1.4%
1Y	5.6%	28.3%	17.7%

Return vs Industry: SDF underperformed the Australian Insurance industry which returned 26.5% over the past year.

Return vs Market: SDF underperformed the Australian Market which returned 16.9% over the past year.

Price Volatility

Is SDF's price volatile compared to industry and market?
SDF volatility
SDF Average Weekly Movement	4.2%
Insurance Industry Average Movement	4.0%
Market Average Movement	8.6%
10% most volatile stocks in AU Market	17.3%
10% least volatile stocks in AU Market	3.4%

Stable Share Price: SDF has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: SDF's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1996	n/a	Robert Kelly	www.steadfast.com.au

Steadfast Group Limited provides general insurance brokerage services Australasia, Asia, and Europe. It also offers insurance underwriting services and related services. The company provides various business insurance products, such as aviation, business pack and interruption, contract works, corporate travel, cyber, events, farm, marine, management and product liability, professional indemnity, public liability, trade credit, and workers’ compensation insurance.

Steadfast Group Limited Fundamentals Summary

How do Steadfast Group's earnings and revenue compare to its market cap?
SDF fundamental statistics
Market cap	AU$6.27b
Earnings (TTM)	AU$228.00m
Revenue (TTM)	AU$1.76b

27.5x

P/E Ratio

3.6x

P/S Ratio

Is SDF overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SDF income statement (TTM)
Revenue	AU$1.76b
Cost of Revenue	AU$897.40m
Gross Profit	AU$862.00m
Other Expenses	AU$634.00m
Earnings	AU$228.00m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Feb 26, 2025

Earnings per share (EPS)	0.21
Gross Margin	48.99%
Net Profit Margin	12.96%
Debt/Equity Ratio	47.3%

How did SDF perform over the long term?

See historical performance and comparison

Dividends

3.0%

Current Dividend Yield

81%

Payout Ratio

SDF Stock Overview

Rewards

Risk Analysis

Steadfast Group Limited Competitors

ASX:AUB

AU$3.7b

ASX:NHF

AU$2.8b

ASX:IAG

AU$19.5b

ASX:QBE

AU$29.5b

Price History & Performance

Recent News & Updates

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 released: EPS: AU$0.21 (vs AU$0.18 in FY 2023)

Recent updates

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 released: EPS: AU$0.21 (vs AU$0.18 in FY 2023)

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

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.

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

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 released: EPS: AU$0.085 (vs AU$0.12 in 1H 2022)

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

Key Executive recently sold AU$306k worth of stock

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

Full year 2022 earnings released: EPS: AU$0.18 (vs AU$0.17 in FY 2021)

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

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

Now 20% undervalued after recent price drop

First half 2022 earnings: Revenues and EPS in line with 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

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

Full year 2021 earnings released: EPS AU$0.17 (vs AU$0.065 loss in FY 2020)

Steadfast Group Limited (ASX:SDF) agreed to acquire Coverforce Holdco Pty Limited from Jim Angelis and Management for approximately AUD 410 million.

Steadfast Group Limited Appoints Vicki Allen as Director

Co-Founder recently sold AU$600k worth of stock

First half 2021 earnings released: EPS AU$0.085 (vs AU$0.087 loss in 1H 2020)

New 90-day high: AU$4.09

New 90-day high: AU$4.08

Steadfast Group Limited to Report First Half, 2021 Results on Feb 24, 2021

New 90-day high: AU$4.02

Steadfast Group Limited, Annual General Meeting, Oct 22, 2021

Co-Founder recently sold AU$259k worth of stock

New 90-day high: AU$3.69

Steadfast Group Limited (ASX:SDF) acquired Gold Seal Practice Management and Gold Seal Intellectual Property.