Accent Group Limited

ASX:AX1 Stock Report

Market Cap: AU$345.7m

Accent Group Management

Management criteria checks 2/4

Accent Group's CEO is Daniel Agostinelli, appointed in Mar 2018, has a tenure of 8.25 years. total yearly compensation is A$1.63M, comprised of 99.6% salary and 0.4% bonuses, including company stock and options. directly owns 3.09% of the company’s shares, worth A$10.70M. The average tenure of the management team and the board of directors is 4.2 years and 2.6 years respectively.

Key information

Daniel Agostinelli

Chief executive officer

AU$1.6m

Total compensation

CEO salary percentage99.58%
CEO tenure8.3yrs
CEO ownership3.1%
Management average tenure4.2yrs
Board average tenure2.6yrs

Recent management updates

Recent updates

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...
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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...
Analysis Article Aug 28

Accent Group's (ASX:AX1) Shareholders Will Receive A Bigger Dividend Than Last Year

Accent Group Limited ( ASX:AX1 ) will increase its dividend from last year's comparable payment on the 28th of...
Analysis Article Aug 25

Does Accent Group (ASX:AX1) Have A Healthy Balance Sheet?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article May 22

Is It Too Late To Consider Buying Accent Group Limited (ASX:AX1)?

Accent Group Limited ( ASX:AX1 ), might not be a large cap stock, but it saw a decent share price growth in the teens...

CEO Compensation Analysis

How has Daniel Agostinelli's remuneration changed compared to Accent Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 28 2025n/an/a

AU$39m

Sep 28 2025n/an/a

AU$48m

Jun 29 2025AU$2mAU$2m

AU$58m

Mar 29 2025n/an/a

AU$61m

Dec 29 2024n/an/a

AU$64m

Sep 29 2024n/an/a

AU$62m

Jun 30 2024AU$1mAU$2m

AU$60m

Mar 31 2024n/an/a

AU$66m

Dec 31 2023n/an/a

AU$73m

Sep 30 2023n/an/a

AU$81m

Jul 02 2023AU$4mAU$1m

AU$89m

Apr 02 2023n/an/a

AU$82m

Jan 01 2023n/an/a

AU$75m

Oct 01 2022n/an/a

AU$53m

Jun 26 2022AU$3mAU$1m

AU$31m

Mar 26 2022n/an/a

AU$35m

Dec 26 2021n/an/a

AU$39m

Sep 26 2021n/an/a

AU$58m

Jun 27 2021AU$4mAU$1m

AU$77m

Mar 27 2021n/an/a

AU$76m

Dec 27 2020n/an/a

AU$75m

Sep 27 2020n/an/a

AU$65m

Jun 28 2020n/an/a

AU$56m

Mar 28 2020n/an/a

AU$55m

Dec 29 2019n/an/a

AU$55m

Sep 29 2019n/an/a

AU$55m

Jun 30 2019AU$3mAU$1m

AU$54m

Compensation vs Market: Daniel's total compensation ($USD1.17M) is above average for companies of similar size in the Australian market ($USD618.82K).

Compensation vs Earnings: Daniel's compensation has been consistent with company performance over the past year.


CEO

Daniel Agostinelli

8.3yrs
Tenure
AU$1,625,421
Compensation

Mr. Daniel John Agostinelli was an Independent Non-Executive Director of Cettire Limited from April 1, 2025 to August 29, 2025. He has been an Interim Divisional CEO for Accent Vertical & Apparel Brands at...


Leadership Team

NamePositionTenureCompensationOwnership
Daniel Agostinelli
Group CEO8.3yrsAU$1.63m3.09%
A$ 10.7m
Matthew Durbin
Finance Director8.5yrsAU$616.94k0.11%
A$ 373.8k
James Anderson
Chief Information Officer2yrsno datano data
Nicole Nuttall
General Counsel & Joint Company Secretary1.8yrsno datano data
Steve Morris
Executive Director of Development & Salesless than a yearno datano data
Debbie Hinbest
Executive Director of Peopleless than a yearno datano data
Steve Cohen
Divisional CEO of Accent Retail Brands4.2yrsno datano data
Matt Hapgood
Divisional CEO of Accent Distributed Brands4.2yrsAU$118.80kno data
Ben Hapgood
Country CEO for New Zealand4.2yrsno datano data
4.2yrs
Average Tenure

Experienced Management: AX1's management team is considered experienced (4.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Daniel Agostinelli
Group CEO11.1yrsAU$1.63m3.09%
A$ 10.7m
Matthew Durbin
Finance Directorless than a yearAU$616.94k0.11%
A$ 373.8k
David Forsey
Independent Non-Executive Director1.6yrsAU$76.39kno data
Donna Player
Independent Non-Executive Director8.6yrsAU$125.00k0.0083%
A$ 28.8k
Lawrence Myers
Independent Non-Executive Chairman2.6yrsAU$145.00k0.38%
A$ 1.3m
Michael Hapgood
Co-Founder & Non-Executive Director11.1yrsAU$125.00k1.25%
A$ 4.3m
Anne Loveridge
Independent Non-Executive Director2.6yrsAU$145.00k0.0050%
A$ 17.2k
Nick Simkins
Non-Executive Independent Director3.3yrsno datano data
Gerraint Oakley
Directorless than a yearno datano data
2.6yrs
Average Tenure
64yo
Average Age

Experienced Board: AX1's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/03 08:37
End of Day Share Price 2026/06/03 00:00
Earnings2025/12/28
Annual Earnings2025/06/29

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 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 Github.

Analyst Sources

Accent Group Limited is covered by 19 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