Servcorp Limited provides executive serviced and virtual offices; and coworking and IT, communications, and secretarial services.
Good value with adequate balance sheet.
Share Price & News
How has Servcorp's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SRV's share price has been volatile over the past 3 months.
7 Day Return
AU Real Estate
1 Year Return
AU Real Estate
Return vs Industry: SRV underperformed the Australian Real Estate industry which returned -20.4% over the past year.
Return vs Market: SRV underperformed the Australian Market which returned -11% over the past year.
Price Volatility Vs. Market
How volatile is Servcorp's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StHere's Why We Think Servcorp's (ASX:SRV) Statutory Earnings Might Be Conservative
2 months ago | Simply Wall StHow Should Investors Feel About Servcorp Limited's (ASX:SRV) CEO Pay?
3 months ago | Simply Wall StServcorp Limited's (ASX:SRV) Analyst Just Slashed This Year's Estimates
Is Servcorp undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SRV (A$2.01) is trading below our estimate of fair value (A$23.33)
Significantly Below Fair Value: SRV is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SRV is good value based on its PE Ratio (5.9x) compared to the AU Real Estate industry average (12.8x).
PE vs Market: SRV is good value based on its PE Ratio (5.9x) compared to the Australian market (15.5x).
Price to Earnings Growth Ratio
PEG Ratio: SRV's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: SRV is overvalued based on its PB Ratio (0.9x) compared to the AU Real Estate industry average (0.8x).
How is Servcorp forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SRV's earnings are forecast to decline over the next 3 years (-41.9% per year).
Earnings vs Market: SRV's earnings are forecast to decline over the next 3 years (-41.9% per year).
High Growth Earnings: SRV's earnings are forecast to decline over the next 3 years.
Revenue vs Market: SRV's revenue is expected to decline over the next 3 years (-6.1% per year).
High Growth Revenue: SRV's revenue is forecast to decline over the next 3 years (-6.1% 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 (1.1%).
How has Servcorp performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SRV has high quality earnings.
Growing Profit Margin: SRV became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: SRV's earnings have declined by 23.5% per year over the past 5 years.
Accelerating Growth: SRV has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: SRV has become profitable in the last year, making it difficult to compare its past year earnings growth to the Real Estate industry (-13.4%).
Return on Equity
High ROE: SRV's Return on Equity (15%) is considered low.
How is Servcorp's financial position?
Financial Position Analysis
Short Term Liabilities: SRV's short term assets (A$128.4M) do not cover its short term liabilities (A$200.9M).
Long Term Liabilities: SRV's short term assets (A$128.4M) do not cover its long term liabilities (A$324.8M).
Debt to Equity History and Analysis
Debt Level: SRV is debt free.
Reducing Debt: SRV has no debt compared to 5 years ago when its debt to equity ratio was 2.5%.
Debt Coverage: SRV has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SRV has no debt, therefore coverage of interest payments is not a concern.
What is Servcorp current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SRV's dividend (10.45%) is higher than the bottom 25% of dividend payers in the Australian market (2.46%).
High Dividend: SRV's dividend (10.45%) is in the top 25% of dividend payers in the Australian market (6.68%)
Stability and Growth of Payments
Stable Dividend: SRV's dividend payments have been volatile in the past 10 years.
Growing Dividend: SRV's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (61.6%), SRV's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SRV's dividends in 3 years are not forecast to be well covered by earnings (241.7% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Alfred George Moufarrige, A.O., also known as Alf, has been the Chief Executive Officer and Managing Director of ServCorp Limited since August 24, 1999. Mr. Moufarrigeis primarily responsible for Servc ...
CEO Compensation Analysis
Compensation vs Market: Alf's total compensation ($USD363.93K) is above average for companies of similar size in the Australian market ($USD269.44K).
Compensation vs Earnings: Alf's compensation has been consistent with company performance over the past year.
|Chief Financial Officer||4.33yrs||AU$307.97k||no data|
|General Manager of Japan||no data||AU$932.04k||no data|
|General Manager of Australia & New Zealand||10.08yrs||AU$417.80k||no data|
|Senior Vice President of USA||no data||AU$413.53k||no data|
|CEO of Middle East||no data||AU$573.35k||no data|
|Chief Technology Officer||no data||no data||no data|
|Chief Information Officer||no data||no data||no data|
|Chief Property Officer||no data||no data||no data|
|Head of Global Accounts - Japan||no data||no data||no data|
|Company Secretary||21yrs||AU$161.17k||no data|
Experienced Management: SRV's management team is seasoned and experienced (15.5 years average tenure).
|Independent Chairman||0.75yr||AU$100.00k||0.021% |
|Independent Non-Executive Director||1yr||no data||no data|
|Independent Non-Executive Director||2.83yrs||AU$100.00k||no data|
Experienced Board: SRV's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Servcorp Limited's company bio, employee growth, exchange listings and data sources
- Name: Servcorp Limited
- Ticker: SRV
- Exchange: ASX
- Founded: 1978
- Industry: Real Estate Operating Companies
- Sector: Real Estate
- Market Cap: AU$194.604m
- Shares outstanding: 96.82m
- Website: https://www.servcorp.com
Number of Employees
- Servcorp Limited
- MLC Centre
- Level 63
- New South Wales
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SRV||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Dec 1999|
|SRV||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Dec 1999|
Servcorp Limited provides executive serviced and virtual offices; and coworking and IT, communications, and secretarial services. Its serviced offices include furnished CBD office suites with a receptionis ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/04 10:36|
|End of Day Share Price||2020/08/04 00:00|
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.