PEXA Group Limited

ASX:PXA Stock Report

Market Cap: AU$2.4b

PEXA Group Valuation

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

Valuation Score

3/6

Valuation Score 3/6

  • 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 PXA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: PXA (A$13.35) is trading below our estimate of fair value (A$42.56)

Significantly Below Fair Value: PXA is trading below fair value by more than 20%.

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for PXA. This is calculated by dividing PXA's market cap by their current revenue.
What is PXA's PS Ratio?
PS Ratio7x
SalesAU$340.06m
Market CapAU$2.37b

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for PXA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average1.8x
LIC Lifestyle Communities
4.2x18.8%AU$1.0b
LLC Lendlease Group
0.5x-8.6%AU$4.4b
PPC Peet
2.3xn/aAU$686.0m
ACU Acumentis Group
0.3xn/aAU$17.3m
PXA PEXA Group
7x13.2%AU$2.4b

Price-To-Sales vs Peers: PXA is expensive based on its Price-To-Sales Ratio (7x) compared to the peer average (1.8x).

Price to Sales Ratio vs Industry

How does PXA's PS Ratio compare vs other companies in the AU Real Estate Industry?

6 CompaniesPrice / SalesEstimated GrowthMarket Cap
LLC Lendlease Group
0.5x-8.6%US$2.80b
MPX Mustera Property Group
0.6xn/aUS$24.08m
ACU Acumentis Group
0.3xn/aUS$10.91m
AU1 Agency Group Australia
0.1xn/aUS$6.92m
PXA 7.0xIndustry Avg. 3.0xNo. of Companies6PS02.85.68.411.214+
6 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: PXA is expensive based on its Price-To-Sales Ratio (7x) compared to the Global Real Estate industry average (3x).

Price to Sales Ratio vs Fair Ratio

What is PXA'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.

PXA PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio7x
Fair PS Ratio10.1x

Price-To-Sales vs Fair Ratio: PXA is good value based on its Price-To-Sales Ratio (7x) compared to the estimated Fair Price-To-Sales Ratio (10.1x).

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 PXA forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentAU$13.35
AU$15.63
+17.1%
8.1%AU$17.80AU$13.40n/a11
Dec ’25AU$13.04
AU$15.84
+21.4%
8.0%AU$17.80AU$13.40n/a11
Nov ’25AU$13.37
AU$15.73
+17.6%
7.2%AU$17.70AU$13.40n/a11
Oct ’25AU$14.79
AU$15.64
+5.7%
6.8%AU$17.20AU$13.40n/a11
Sep ’25AU$13.37
AU$15.18
+13.5%
11.5%AU$17.20AU$10.57n/a12
Aug ’25AU$14.15
AU$14.90
+5.3%
13.2%AU$17.25AU$10.57n/a12
Jul ’25AU$13.75
AU$14.69
+6.8%
13.9%AU$17.25AU$10.57n/a11
Jun ’25AU$14.63
AU$14.43
-1.4%
14.1%AU$17.25AU$10.57n/a11
May ’25AU$12.24
AU$13.59
+11.0%
12.6%AU$16.00AU$10.57n/a11
Apr ’25AU$13.56
AU$13.59
+0.2%
12.6%AU$16.00AU$10.57n/a11
Mar ’25AU$12.51
AU$13.59
+8.6%
12.6%AU$16.00AU$10.57n/a11
Feb ’25AU$11.34
AU$13.52
+19.2%
10.7%AU$15.30AU$11.45n/a10
Jan ’25AU$11.10
AU$13.68
+23.3%
12.0%AU$15.65AU$11.30n/a9
Dec ’24AU$11.78
AU$14.46
+22.7%
7.6%AU$15.75AU$12.20AU$13.049
Nov ’24AU$11.25
AU$14.12
+25.5%
10.7%AU$16.00AU$10.40AU$13.379
Oct ’24AU$11.42
AU$14.80
+29.6%
10.5%AU$17.00AU$11.40AU$14.799
Sep ’24AU$11.52
AU$14.30
+24.1%
14.4%AU$17.00AU$10.50AU$13.379
Aug ’24AU$13.37
AU$15.14
+13.2%
15.7%AU$17.60AU$10.50AU$14.158
Jul ’24AU$13.61
AU$15.16
+11.4%
15.5%AU$17.60AU$10.50AU$13.758
Jun ’24AU$13.18
AU$15.29
+16.0%
16.0%AU$17.60AU$10.50AU$14.638
May ’24AU$13.30
AU$15.29
+15.0%
15.9%AU$18.00AU$10.50AU$12.248
Apr ’24AU$13.51
AU$15.29
+13.2%
15.8%AU$18.00AU$10.50AU$13.568
Mar ’24AU$11.82
AU$15.24
+28.9%
16.5%AU$18.00AU$10.19AU$12.518
Feb ’24AU$12.98
AU$15.88
+22.4%
21.4%AU$19.80AU$10.19AU$11.346
Jan ’24AU$11.95
AU$16.03
+34.2%
21.7%AU$19.80AU$10.19AU$11.106
Dec ’23AU$14.22
AU$16.14
+13.5%
22.9%AU$20.00AU$10.19AU$11.786

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

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/18 20:55
End of Day Share Price 2024/12/18 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

PEXA Group Limited is covered by 16 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Russell WrightBarclay Pearce Capital Pty Limited
Josh KannourakisBarrenjoey Markets Pty Limited
Edmund Anthony HenningCLSA