Accent Group Limited

ASX:AX1 Stock Report

Market Cap: AU$414.8m

Accent Group Future Growth

Future criteria checks 3/6

Accent Group is forecast to grow earnings and revenue by 37.7% and 4.3% per annum respectively. EPS is expected to grow by 36.8% per annum. Return on equity is forecast to be 12.7% in 3 years.

Key information

37.7%

Earnings growth rate

36.78%

EPS growth rate

Specialty Retail earnings growth12.0%
Revenue growth rate4.3%
Future return on equity12.65%
Analyst coverage

Good

Last updated09 Sep 2026

Recent future growth updates

Recent updates

Narrative Update • Aug 22

AX1: Takeover Offer Price Will Cap Returns Despite Higher Margin Outlook

Analysts have revised their price target for Accent Group from A$0.55 to A$0.65. The change reflects updated assumptions around discount rates, revenue growth, profit margins and future P/E levels.
Narrative Update • Jun 29

AX1: Takeover Bid And Lower Earnings Outlook Will Support Future Upside

Analysts have trimmed their Accent Group fair value estimate from A$1.30 to A$0.81. This reflects updated assumptions for slightly lower revenue growth, a softer profit margin profile and a more modest future P/E multiple.
Narrative Update • Jun 15

AX1: Takeover Offer And Unchanged Fair Value Will Limit FY26 Upside

Analysts have updated their view on Accent Group with a revised A$ price target, reflecting adjustments to the discount rate, revenue growth assumptions, profit margin outlook, and future P/E expectations. What's in the News Frasers Group Plc has proposed to acquire the remaining 77.10% stake in Accent Group Limited for approximately A$301.28 million, offering A$0.65 per share in cash.
Narrative Update • Jun 01

AX1: Index Removals And Reset Assumptions Will Support Perceived Undervalued Upside

Analysts have trimmed their price expectations for Accent Group, with the updated fair value estimate moving from A$1.88 to A$1.19 as they factor in lower assumed revenue growth, reduced profit margins, and a more conservative future P/E multiple. What's in the News Accent Group Limited (ASX:AX1) is no longer included in the S&P/ASX 300 Index, according to recent index constituent changes.
Narrative Update • May 14

AX1: Index Removal And Dividend Will Shape A Fairly Balanced FY26 Outlook

Analysts have trimmed their Accent Group price target from A$0.75 to A$0.55, citing higher assumed discount rates, a lower profit margin outlook and a higher future P/E multiple, partly offset by a higher revenue growth assumption. What's in the News Accent Group Limited was removed from the S&P/ASX 300 Index, which can affect how index funds and some institutional investors hold the stock.
Analysis Article • May 04

At AU$0.54, Is Accent Group Limited (ASX:AX1) Worth Looking At Closely?

While Accent Group Limited ( ASX:AX1 ) might not have the largest market cap around , it saw significant share price...
Narrative Update • Apr 30

AX1: Confirmed H2 EBIT Outlook Will Support Perceived Undervalued Upside

Accent Group's updated analyst price target has shifted modestly to reflect a revised fair value of A$1.88. Analysts point to slightly higher assumptions for revenue growth and profit margins, along with a lower future P/E multiple and an adjusted discount rate, as key drivers of the change.
Narrative Update • Apr 16

AX1: Index Removal And Dividend Will Frame A Balanced FY26 Outlook

Analysts have lowered their Accent Group price target to A$0.75 from A$1.04, reflecting updated assumptions for the discount rate, revenue growth, profit margin and future P/E. What's in the News Accent Group Limited was removed from the S&P/ASX 300 Index, which can affect index fund ownership and trading volumes (Index Constituent Drops).
Narrative Update • Apr 01

AX1: Index Removal And 2026 EBIT Guidance Will Support Undervalued Upside

Analysts have raised their Accent Group price target to A$1.30 from A$1.20, reflecting updated assumptions around fair value, discount rate, revenue growth, profit margin and future P/E. What's in the News Accent Group Limited was dropped from the S&P/ASX 300 Index, removing the stock from this broader Australian equity benchmark (Key Developments).
Narrative Update • Mar 18

AX1: H2 FY26 Guidance And Dividend Will Support A Positive Outlook

Analysts have kept Accent Group's fair value estimate at A$1.04 per share, with small shifts in discount rate, revenue growth, profit margin and future P/E assumptions underpinning a steady price target instead of a clear move higher or lower. What's in the News Accent Group confirmed earnings guidance for the second half of fiscal 2026, with H2 FY26 EBIT expected in a range of $30 million to $35 million (company guidance).
Narrative Update • Mar 04

AX1: Updated Margins And H2 Guidance Will Shape A Measured Outlook

Analysts have lifted their price target on Accent Group from A$0.95 to A$1.04, citing updated assumptions around revenue growth, profit margins, and a lower future P/E multiple that reshapes their view of the stock's valuation profile. What's in the News Accent Group confirmed earnings guidance for the second half of fiscal year 2026, with H2 FY26 EBIT expected in a range of A$30 million to A$35 million (Key Developments).
Narrative Update • Feb 17

AX1: AI Merchandise Planning Will Support 2026 EBIT Outlook And Undervalued Upside

Analysts have trimmed their price target on Accent Group to A$1.20 from A$1.21, reflecting updated assumptions for a slightly different discount rate, revenue growth profile, profit margin outlook, and a lower future P/E multiple. What's in the News Accent Group issued EBIT guidance for the first half of 2026 in a range of $55 million to $60 million, which includes nonrecurring losses linked to closing the MySale operations (Key Developments).
Narrative Update • Feb 03

AX1: Lowered Profitability Assumptions Will Be Balanced By Updated Earnings Outlook

Analysts have lowered their price target for Accent Group from A$1.40 to A$0.95, citing updated assumptions for revenue growth, profit margins, discount rate and future P/E that they see as better reflecting current conditions for the business. What's in the News Accent Group issued EBIT guidance for the first half of 2026 in a range of A$55 million to A$60 million, which includes nonrecurring losses tied to closing the MySale operations (Corporate Guidance).
Narrative Update • Jan 20

AX1: AI Merchandise Planning Will Support Strong 2026 EBIT Guidance

Analysts have slightly adjusted their price expectations for Accent Group. The updated target reflects minor tweaks to assumptions around the discount rate, long term revenue growth, profit margin and future P/E rather than any major shift in the core outlook.
Narrative Update • Jan 06

AX1: Earnings Guidance And MySale Closure Will Support Undervalued Upside

Analysts have raised their price target on Accent Group slightly to A$1.83, reflecting small adjustments to assumptions for the discount rate, revenue growth, profit margin and future P/E multiple. What's in the News Accent Group issued earnings guidance for the first half of 2026, with EBIT expected between A$55 million and A$60 million, including nonrecurring losses from closing the MySale operations (company guidance).
Narrative Update • Dec 23

AX1 Will See Earnings Guidance Support A More Optimistic Outlook

Analysts have trimmed their price target for Accent Group from A$2.20 to A$1.83. This reflects a higher assumed discount rate, slightly softer revenue growth expectations, and pressure on profit margins, partially offset by a higher forecast future P/E multiple.
Narrative Update • Dec 09

AX1: AI Merchandise Planning Will Drive Future EBIT Momentum And Efficiency

Analysts have trimmed their price target on Accent Group by approximately $0.05 per share, citing a slightly higher perceived risk profile. This is reflected in a modest uptick in the discount rate, while growth and margin expectations remain broadly unchanged.
Narrative Update • Nov 25

AX1: AI Merchandise Planning Will Drive Greater Operating Efficiency Ahead

Analysts have lowered their price target for Accent Group from $1.69 to $1.21. They cite higher discount rates, slower revenue growth expectations, and reduced profit margins as key factors behind the revision.
Analysis Article • Aug 27

We Think Accent Group (ASX:AX1) Is Taking Some Risk With Its Debt

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Narrative Update • Aug 25

New Partnerships With Lacoste And Dickies Will Expand Retail Reach And Strengthen Brand Portfolio

Accent Group’s consensus price target has been revised down as a higher future P/E multiple more than offsets only a modest uptick in revenue growth expectations, resulting in a new target of A$1.72. What's in the News Ordinary fully franked dividend decreased to AUD 0.015 per security for the six months ended June 29, 2025.
Analysis Article • Jun 13

Market Cool On Accent Group Limited's (ASX:AX1) Earnings Pushing Shares 31% Lower

Accent Group Limited ( ASX:AX1 ) shareholders won't be pleased to see that the share price has had a very rough month...
User avatar
New Narrative • Feb 09

Opening 50 New Stores Will Expand Retail Footprint

Strategic store expansion and online presence enhancement are expected to drive revenue growth through flagship openings and improved customer engagement.
Analysis Article • Jan 13

Fewer Investors Than Expected Jumping On Accent Group Limited (ASX:AX1)

It's not a stretch to say that Accent Group Limited's ( ASX:AX1 ) price-to-earnings (or "P/E") ratio of 21.1x right now...
Analysis Article • Dec 17

Should You Think About Buying Accent Group Limited (ASX:AX1) Now?

While Accent Group Limited ( ASX:AX1 ) might not have the largest market cap around , it received a lot of attention...
Analysis Article • Aug 22

Investors Met With Slowing Returns on Capital At Accent Group (ASX:AX1)

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...
Analysis Article • Apr 17

Here's What To Make Of Accent Group's (ASX:AX1) Decelerating Rates Of Return

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Analysis Article • Feb 29

At AU$2.02, Is It Time To Put Accent Group Limited (ASX:AX1) On Your Watch List?

While Accent Group Limited ( ASX:AX1 ) might not have the largest market cap around , it saw a double-digit share price...
Analysis Article • Nov 21

Returns At Accent Group (ASX:AX1) Appear To Be Weighed Down

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...
Analysis Article • Nov 10

Shareholders May Be More Conservative With Accent Group Limited's (ASX:AX1) CEO Compensation For Now

Key Insights Accent Group to hold its Annual General Meeting on 16th of November Total pay for CEO Daniel Agostinelli...

Earnings and Revenue Growth Forecasts

ASX:AX1 - Analysts future estimates and past financials data (AUD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
6/30/20291,7396421326910
6/30/20281,6345720025712
6/30/20271,5454819125112
6/28/20261,539-14174205N/A
3/28/20261,52812183217N/A
12/28/20251,51739191228N/A
9/28/20251,49748197237N/A
6/29/20251,47658204247N/A
3/29/20251,48261198238N/A
12/29/20241,48864193229N/A
9/29/20241,47162204238N/A
6/30/20241,45460214246N/A
3/31/20241,43066208239N/A
12/31/20231,40573202233N/A
9/30/20231,41381212245N/A
7/2/20231,42189222257N/A
4/2/20231,38682205246N/A
1/1/20231,35175188234N/A
10/1/20221,24153141187N/A
6/26/20221,1303194140N/A
3/26/20221,0903585128N/A
12/26/20211,0513976115N/A
9/26/20211,02258102137N/A
6/27/202199377128159N/A
3/27/202192376156182N/A
12/27/202085475184204N/A
9/27/202084265170191N/A
6/28/202083056155179N/A
3/28/202084055N/A143N/A
12/29/201985055N/A108N/A
9/29/201982355N/A87N/A
6/30/201979654N/A66N/A
3/31/201976852N/A77N/A
12/30/201874051N/A88N/A
9/30/201872147N/A79N/A
7/1/201870244N/A70N/A
4/1/201870039N/A55N/A
12/31/201769733N/A40N/A
9/30/201766731N/A43N/A
7/2/201763629N/A45N/A
4/2/201758232N/A55N/A
12/25/201652835N/A64N/A
9/25/201648532N/A54N/A
6/26/201644330N/A44N/A
3/26/201637325N/A33N/A
12/27/201530321N/A22N/A
9/27/201522016N/A15N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: AX1 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (3.8%).

Earnings vs Market: AX1 is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: AX1 is expected to become profitable in the next 3 years.

Revenue vs Market: AX1's revenue (4.3% per year) is forecast to grow slower than the Australian market (5.3% per year).

High Growth Revenue: AX1's revenue (4.3% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: AX1's Return on Equity is forecast to be low in 3 years time (12.7%).

Discover growth companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/10 09:01
End of Day Share Price 2026/09/10 00:00
Earnings2026/06/28
Annual Earnings2026/06/28

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.

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 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 Github.

Analyst Sources

Accent Group Limited is covered by 16 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Chamithri RatnapalaBell Potter
Josephine LittleCGS International
Sam TeegerCitigroup Inc