Executive Summary
SEEK Limited, together with its subsidiaries, provides online employment marketplace services in Australia and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Reasonable growth potential with weak fundamentals.
Similar Companies
Share Price & News
How has SEEK's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SEK is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: SEK's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
2.1%
SEK
0.3%
AU Interactive Media and Services
2.4%
AU Market
1 Year Return
12.1%
SEK
27.4%
AU Interactive Media and Services
-0.6%
AU Market
Return vs Industry: SEK underperformed the Australian Interactive Media and Services industry which returned 27.4% over the past year.
Return vs Market: SEK exceeded the Australian Market which returned -0.6% over the past year.
Shareholder returns
| SEK | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.1% | 0.3% | 2.4% |
| 30 Day | 12.1% | 8.6% | 8.0% |
| 90 Day | 26.9% | 16.7% | 8.8% |
| 1 Year | 13.3%12.1% | 29.0%27.4% | 2.7%-0.6% |
| 3 Year | 48.8%40.5% | 63.5%55.2% | 24.3%9.0% |
| 5 Year | 105.6%84.1% | 141.9%120.5% | 56.9%25.7% |
Long-Term Price Volatility Vs. Market
How volatile is SEEK's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Is SEEK Limited (ASX:SEK) Potentially Undervalued?3 weeks ago | Simply Wall St
Is SEEK (ASX:SEK) Using Too Much Debt?1 month ago | Simply Wall St
Here's What We Learned About The CEO Pay At SEEK Limited (ASX:SEK)Valuation
Is SEEK undervalued compared to its fair value and its price relative to the market?
8.44x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: SEK (A$25.96) is trading above our estimate of fair value (A$22.8)
Significantly Below Fair Value: SEK is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SEK is unprofitable, so we can't compare its PE Ratio to the XX Interactive Media and Services industry average.
PE vs Market: SEK is unprofitable, so we can't compare its PE Ratio to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SEK's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SEK is overvalued based on its PB Ratio (8.4x) compared to the AU Interactive Media and Services industry average (8.1x).
Next Steps
Future Growth
How is SEEK forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
48.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SEK is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.3%).
Earnings vs Market: SEK is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: SEK's is expected to become profitable in the next 3 years.
Revenue vs Market: SEK's revenue (11.3% per year) is forecast to grow faster than the Australian market (5.1% per year).
High Growth Revenue: SEK's revenue (11.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SEK's Return on Equity is forecast to be low in 3 years time (17.9%).
Next Steps
Past Performance
How has SEEK performed over the past 5 years?
-32.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SEK is currently unprofitable.
Growing Profit Margin: SEK is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: SEK is unprofitable, and losses have increased over the past 5 years at a rate of 32.1% per year.
Accelerating Growth: Unable to compare SEK's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SEK is unprofitable, making it difficult to compare its past year earnings growth to the Interactive Media and Services industry (1.1%).
Return on Equity
High ROE: SEK has a negative Return on Equity (-6.56%), as it is currently unprofitable.
Next Steps
Financial Health
How is SEEK's financial position?
Financial Position Analysis
Short Term Liabilities: SEK's short term assets (A$817.2M) do not cover its short term liabilities (A$961.3M).
Long Term Liabilities: SEK's short term assets (A$817.2M) do not cover its long term liabilities (A$2.0B).
Debt to Equity History and Analysis
Debt Level: SEK's debt to equity ratio (141.7%) is considered high.
Reducing Debt: SEK's debt to equity ratio has increased from 54.4% to 141.7% over the past 5 years.
Debt Coverage: SEK's debt is not well covered by operating cash flow (15.5%).
Interest Coverage: SEK is unprofitable, therefore interest payments are not well covered by earnings.
Balance Sheet
Next Steps
Dividend
What is SEEK current dividend yield, its reliability and sustainability?
1.20%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SEK's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SEK's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if SEK's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SEK's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: SEK is not paying a notable dividend for the Australian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SEK's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.7yrs
Average management tenure
CEO
Andrew Bassat (54 yo)
9.75yrs
Tenure
AU$4,654,889
Compensation
Mr. Andrew R. Bassat co-founded Seek Limited in 1997 and has been its Chief Executive Officer since February 2011. Mr. Bassat also serves as Managing Director of Seek Limited. He served as a Joint Chief Ex...
CEO Compensation Analysis
Compensation vs Market: Andrew's total compensation ($USD3.42M) is above average for companies of similar size in the Australian market ($USD2.52M).
Compensation vs Earnings: Andrew's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 9.75yrs | AU$4.65m | 4.21% A$ 388.0m | |
| Group Chief Financial Officer | 5.08yrs | AU$2.15m | 0.054% A$ 4.9m | |
| Group COO and Asia Pacific & Americas CEO | 1.58yrs | AU$5.26m | 0.019% A$ 1.8m | |
| Managing Director of Corporate Development | 5.67yrs | no data | no data | |
| Group Human Resources Director | 4.5yrs | no data | no data | |
| Managing Director of Strategy | 2.83yrs | no data | no data | |
| Managing Director of Australia & New Zealand | 2.83yrs | no data | no data | |
| Managing Director of Americas - AP &A | 2.83yrs | no data | no data | |
| Managing Director of Strategy & Portfolio Management | no data | no data | no data | |
| Company Secretary | 4.92yrs | no data | no data | |
| CEO of Asia | 2.83yrs | no data | no data | |
| Special Advisor of Seek International & Director of Zhaopin Ltd | no data | no data | no data |
3.7yrs
Average Tenure
49.5yo
Average Age
Experienced Management: SEK's management team is considered experienced (3.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 9.75yrs | AU$4.65m | 4.21% A$ 388.0m | |
| Special Advisor of Seek International & Director of Zhaopin Ltd | no data | no data | no data | |
| Non-Executive Director | 0.083yr | no data | no data | |
| Independent Non-Executive Director | 1.58yrs | AU$169.50k | 0.019% A$ 1.8m | |
| Independent Non-Executive Director | 3.67yrs | AU$189.00k | 0.0048% A$ 444.8k | |
| Independent Chairman | 1.83yrs | AU$415.82k | 0.014% A$ 1.3m | |
| Independent Non-Executive Director | 6.33yrs | AU$173.50k | 0.0025% A$ 233.0k | |
| Independent Non-Executive Director | 2.17yrs | AU$192.00k | 0.0011% A$ 105.0k |
2.2yrs
Average Tenure
58.5yo
Average Age
Experienced Board: SEK's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
SEEK Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: SEEK Limited
- Ticker: SEK
- Exchange: ASX
- Founded: 1997
- Industry: Interactive Media and Services
- Sector: Media
- Market Cap: AU$9.210b
- Shares outstanding: 351.78m
- Website: https://www.seek.com.au
Number of Employees
Location
- SEEK Limited
- 541 St Kilda Road
- Level 6
- Melbourne
- Victoria
- 3004
- Australia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SEK | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | Apr 2005 |
| SLD | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Apr 2005 |
| SKLT.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Apr 2005 |
| SEK | CHIA (Chi-X Australia) | Yes | Ordinary Shares | AU | AUD | Apr 2005 |
| SKLT.Y | OTCPK (Pink Sheets LLC) | UNSPONSORD ADR | US | USD | Apr 2010 |
Biography
SEEK Limited, together with its subsidiaries, provides online employment marketplace services in Australia and internationally. It operates through Asia Pacific & Americas and SEEK Investments segments. Th...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/11/26 07:02 |
| End of Day Share Price | 2020/11/26 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2020/06/30 |
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.