| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 3/6 |
| Past Performance | 4/6 |
| Financial Health | 4/6 |
| Dividends | 4/6 |
SRV Stock Overview
Servcorp Limited provides executive serviced and virtual offices, coworking and IT, communications, and secretarial services.
Servcorp Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$3.79 |
| 52 Week High | AU$4.75 |
| 52 Week Low | AU$2.71 |
| Beta | 1.34 |
| 1 Month Change | -4.53% |
| 3 Month Change | -4.05% |
| 1 Year Change | 19.94% |
| 3 Year Change | 21.09% |
| 5 Year Change | -47.94% |
| Change since IPO | 48.63% |
Recent News & Updates
Is Now The Time To Put Servcorp (ASX:SRV) On Your Watchlist?
Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...
Is There Now An Opportunity In Servcorp Limited (ASX:SRV)?
Servcorp Limited ( ASX:SRV ), might not be a large cap stock, but it saw a double-digit share price rise of over 10% in...
Shareholder Returns
| SRV | AU Real Estate | AU Market | |
|---|---|---|---|
| 7D | -1.0% | -2.1% | -0.5% |
| 1Y | 19.9% | -6.4% | 10.4% |
Return vs Industry: SRV exceeded the Australian Real Estate industry which returned -6.4% over the past year.
Return vs Market: SRV exceeded the Australian Market which returned 10.4% over the past year.
Price Volatility
| SRV volatility | |
|---|---|
| SRV Average Weekly Movement | 7.5% |
| Real Estate Industry Average Movement | 4.9% |
| Market Average Movement | 8.4% |
| 10% most volatile stocks in AU Market | 15.2% |
| 10% least volatile stocks in AU Market | 3.6% |
Stable Share Price: SRV is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: SRV's weekly volatility (8%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1978 | 630 | Alf Moufarrige | https://www.servcorp.com |
Servcorp Limited provides executive serviced and virtual offices, coworking and IT, communications, and secretarial services. It offers office space solutions; virtual office services, such as business address, secretary and receptionist, mail forwarding, and telephone answering services; and co-working and meeting room services. The company operates in Australia, New Zealand, Southeast Asia, the United States, Europe, the Middle East, North Asia, and internationally.
Servcorp Fundamentals Summary
| SRV fundamental statistics | |
|---|---|
| Market Cap | AU$366.94m |
| Earnings (TTM) | AU$22.12m |
| Revenue (TTM) | AU$269.94m |
16.6x
P/E Ratio1.4x
P/S RatioIs SRV overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SRV income statement (TTM) | |
|---|---|
| Revenue | AU$269.94m |
| Cost of Revenue | AU$97.87m |
| Gross Profit | AU$172.07m |
| Expenses | AU$149.95m |
| Earnings | AU$22.12m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.23 |
| Gross Margin | 63.74% |
| Net Profit Margin | 8.19% |
| Debt/Equity Ratio | 0% |
How did SRV perform over the long term?
See historical performance and comparisonDividends
4.7%
Current Dividend Yield79%
Payout RatioValuation
Is Servcorp undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SRV (A$3.79) is trading below our estimate of fair value (A$15.61)
Significantly Below Fair Value: SRV is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SRV is poor value based on its PE Ratio (16.6x) compared to the Australian Real Estate industry average (16.2x).
PE vs Market: SRV is good value based on its PE Ratio (16.6x) compared to the Australian market (19.3x).
Price to Earnings Growth Ratio
PEG Ratio: SRV is poor value based on its PEG Ratio (1.2x)
Price to Book Ratio
PB vs Industry: SRV is overvalued based on its PB Ratio (1.8x) compared to the AU Real Estate industry average (1.1x).
Future Growth
How is Servcorp forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
14.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SRV's forecast earnings growth (14.3% per year) is above the savings rate (1.9%).
Earnings vs Market: SRV's earnings (14.3% per year) are forecast to grow faster than the Australian market (11.3% per year).
High Growth Earnings: SRV's earnings are forecast to grow, but not significantly.
Revenue vs Market: SRV's revenue (5.3% per year) is forecast to grow faster than the Australian market (4.9% per year).
High Growth Revenue: SRV's revenue (5.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SRV's Return on Equity is forecast to be low in 3 years time (14.7%).
Past Performance
How has Servcorp performed over the past 5 years?
-28.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SRV has high quality earnings.
Growing Profit Margin: SRV's current net profit margins (8.2%) are higher than last year (2%).
Past Earnings Growth Analysis
Earnings Trend: SRV's earnings have declined by 28.5% per year over the past 5 years.
Accelerating Growth: SRV's earnings growth over the past year (219%) exceeds its 5-year average (-28.5% per year).
Earnings vs Industry: SRV earnings growth over the past year (219%) exceeded the Real Estate industry 84%.
Return on Equity
High ROE: SRV's Return on Equity (11%) is considered low.
Financial Health
How is Servcorp's financial position?
Financial Position Analysis
Short Term Liabilities: SRV's short term assets (A$138.1M) do not cover its short term liabilities (A$161.7M).
Long Term Liabilities: SRV's short term assets (A$138.1M) do not cover its long term liabilities (A$262.0M).
Debt to Equity History and Analysis
Debt Level: SRV is debt free.
Reducing Debt: SRV has no debt compared to 5 years ago when its debt to equity ratio was 0.6%.
Debt Coverage: SRV has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SRV has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is Servcorp current dividend yield, its reliability and sustainability?
4.75%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SRV's dividend (4.75%) is higher than the bottom 25% of dividend payers in the Australian market (2.18%).
High Dividend: SRV's dividend (4.75%) is low compared to the top 25% of dividend payers in the Australian market (5.39%).
Stability and Growth of Payments
Stable Dividend: SRV's dividend payments have been volatile in the past 10 years.
Growing Dividend: SRV's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (78.8%), SRV's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SRV's dividends in 3 years are forecast to be covered by earnings (63% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
8.6yrs
Average management tenure
CEO
Alf Moufarrige
22.42yrs
Tenure
AU$687,229
Compensation
Mr. Alfred George Moufarrige, A.O., also known as Alf, has been the Chief Executive Officer and Managing Director of ServCorp Limited since August 24, 1999. Mr. Moufarrige is primarily responsible for Serv...
CEO Compensation Analysis
Compensation vs Market: Alf's total compensation ($USD496.52K) is about average for companies of similar size in the Australian market ($USD532.68K).
Compensation vs Earnings: Alf's compensation has increased by more than 20% in the past year.
Leadership Team
Experienced Management: SRV's management team is seasoned and experienced (8.6 years average tenure).
Board Members
Experienced Board: SRV's board of directors are considered experienced (7.4 years average tenure).
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
Servcorp Limited's employee growth, exchange listings and data sources
Key Information
- Name: Servcorp Limited
- Ticker: SRV
- Exchange: ASX
- Founded: 1978
- Industry: Real Estate Operating Companies
- Sector: Real Estate
- Implied Market Cap: AU$366.940m
- Shares outstanding: 96.82m
- Website: https://www.servcorp.com
Number of Employees
Location
- Servcorp Limited
- MLC Centre
- Level 63
- Sydney
- New South Wales
- 2000
- Australia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/17 16:21 |
| End of Day Share Price | 2022/01/17 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2021/06/30 |
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.