SEEK Limited

ASX:SEK Stock Report

Market Cap: AU$9.4b

SEEK Valuation

Is SEK undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: SEK (A$27.11) is trading above our estimate of fair value (A$25.65)

Significantly Below Fair Value: SEK is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for SEK?

Key metric: As SEK is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for SEK. This is calculated by dividing SEK's market cap by their current revenue.
What is SEK's PS Ratio?
PS Ratio8.9x
SalesAU$1.08b
Market CapAU$9.44b

Price to Sales Ratio vs Peers

How does SEK's PS Ratio compare to its peers?

The above table shows the PS ratio for SEK vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average10x
CAR CAR Group
14.1x9.4%AU$15.7b
REA REA Group
19.4x7.0%AU$32.4b
DHG Domain Holdings Australia
4.6x6.6%AU$1.8b
HPG hipages Group Holdings
2x9.6%AU$159.5m
SEK SEEK
8.9x8.0%AU$9.4b

Price-To-Sales vs Peers: SEK is good value based on its Price-To-Sales Ratio (8.9x) compared to the peer average (10x).

Price to Sales Ratio vs Industry

How does SEK's PS Ratio compare vs other companies in the Global Interactive Media and Services Industry?

59 CompaniesPrice / SalesEstimated GrowthMarket Cap
SEK 8.9xIndustry Avg. 1.6xNo. of Companies59PS0246810+
59 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: SEK is expensive based on its Price-To-Sales Ratio (8.9x) compared to the Global Interactive Media and Services industry average (1.6x).

Price to Sales Ratio vs Fair Ratio

What is SEK's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

SEK PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio8.9x
Fair PS Ratio4.2x

Price-To-Sales vs Fair Ratio: SEK is expensive based on its Price-To-Sales Ratio (8.9x) compared to the estimated Fair Price-To-Sales Ratio (4.2x).

Analyst Price Targets

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

The above table shows the analyst SEK forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentAU$27.11
AU$25.06
-7.6%
15.6%AU$30.00AU$19.00n/a13
Nov ’25AU$24.44
AU$24.52
+0.3%
15.4%AU$29.20AU$19.00n/a13
Oct ’25AU$24.71
AU$23.47
-5.0%
13.5%AU$28.00AU$19.00n/a13
Sep ’25AU$23.05
AU$23.14
+0.4%
13.4%AU$28.00AU$19.00n/a14
Aug ’25AU$22.55
AU$24.52
+8.7%
14.1%AU$31.00AU$20.00n/a14
Jul ’25AU$21.11
AU$26.54
+25.7%
11.7%AU$31.00AU$20.00n/a14
Jun ’25AU$22.44
AU$26.56
+18.3%
12.5%AU$31.00AU$19.00n/a14
May ’25AU$23.69
AU$26.56
+12.1%
12.5%AU$31.00AU$19.00n/a14
Apr ’25AU$25.05
AU$26.53
+5.9%
12.5%AU$31.00AU$19.00n/a14
Mar ’25AU$26.10
AU$26.53
+1.6%
12.5%AU$31.00AU$19.00n/a14
Feb ’25AU$24.96
AU$26.55
+6.4%
9.8%AU$29.60AU$19.00n/a13
Jan ’25AU$26.73
AU$26.22
-1.9%
10.0%AU$29.00AU$19.00n/a13
Dec ’24AU$23.83
AU$26.22
+10.0%
10.0%AU$29.00AU$19.00n/a13
Nov ’24AU$20.77
AU$25.82
+24.3%
11.1%AU$29.50AU$19.00AU$24.4414
Oct ’24AU$22.07
AU$25.82
+17.0%
11.1%AU$29.50AU$19.00AU$24.7114
Sep ’24AU$23.13
AU$25.82
+11.6%
11.1%AU$29.50AU$19.00AU$23.0514
Aug ’24AU$25.22
AU$26.71
+5.9%
11.5%AU$31.10AU$20.77AU$22.5514
Jul ’24AU$21.72
AU$26.62
+22.6%
12.6%AU$33.30AU$20.77AU$21.1114
Jun ’24AU$23.66
AU$27.32
+15.5%
13.4%AU$34.80AU$20.77AU$22.4415
May ’24AU$24.13
AU$27.72
+14.9%
13.8%AU$34.80AU$20.77AU$23.6915
Apr ’24AU$23.92
AU$27.52
+15.1%
12.6%AU$34.80AU$22.60AU$25.0514
Mar ’24AU$23.82
AU$27.15
+14.0%
13.8%AU$34.80AU$20.93AU$26.1015
Feb ’24AU$24.08
AU$26.88
+11.6%
17.3%AU$35.10AU$19.50AU$24.9615
Jan ’24AU$20.95
AU$27.07
+29.2%
17.0%AU$35.10AU$20.70AU$26.7315
Dec ’23AU$22.65
AU$27.04
+19.4%
17.5%AU$35.10AU$20.70AU$23.8315
Nov ’23AU$22.02
AU$27.57
+25.2%
17.1%AU$35.10AU$20.70AU$20.7715

Analyst Forecast: Target price is lower than the current share price.

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