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Link Administration Holdings

ASX:LNK
Snowflake Description

Solid track record with adequate balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
LNK
ASX
A$4B
Market Cap
  1. Home
  2. AU
  3. Software
Company description

Link Administration Holdings Limited, together with its subsidiaries, provides technology-enabled administration solutions to companies, large asset owners, and trustees in Australia and internationally. The last earnings update was 63 days ago. More info.


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LNK Share Price and Events
7 Day Returns
1.5%
ASX:LNK
0.2%
AU IT
0.3%
AU Market
1 Year Returns
-9.4%
ASX:LNK
24.1%
AU IT
5.2%
AU Market
LNK Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Link Administration Holdings (LNK) 1.5% -4.2% 3.2% -9.4% -6.2% -
AU IT 0.2% 2.9% 15.3% 24.1% 57.2% 50.3%
AU Market 0.3% 1% 7.2% 5.2% 19.2% 4.9%
1 Year Return vs Industry and Market
  • LNK underperformed the IT industry which returned 24.1% over the past year.
  • LNK underperformed the Market in Australia which returned 5.2% over the past year.
Price Volatility
LNK
Industry
5yr Volatility vs Market

Value

 Is Link Administration Holdings undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Link Administration Holdings to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Link Administration Holdings.

ASX:LNK Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 9 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 9.1%
Perpetual Growth Rate 10-Year AU Government Bond Rate 2.3%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for ASX:LNK
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year AU Govt Bond Rate 2.3%
Equity Risk Premium S&P Global 6%
IT Unlevered Beta Simply Wall St/ S&P Global 1.06
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.06 (1 + (1- 30%) (20.9%))
1.144
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.14
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.31% + (1.144 * 5.96%)
9.13%

Discounted Cash Flow Calculation for ASX:LNK using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Link Administration Holdings is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

ASX:LNK DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (AUD, Millions) Source Present Value
Discounted (@ 9.13%)
2019 173.18 Analyst x2 158.69
2020 230.03 Analyst x2 193.16
2021 256.11 Analyst x3 197.06
2022 276.49 Analyst x2 194.95
2023 257.00 Analyst x1 166.05
2024 245.63 Est @ -4.42% 145.42
2025 239.73 Est @ -2.4% 130.06
2026 237.36 Est @ -0.99% 118.00
2027 237.36 Est @ 0% 108.13
2028 239.01 Est @ 0.69% 99.77
Present value of next 10 years cash flows A$1,511.28
ASX:LNK DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= A$239.01 × (1 + 2.31%) ÷ (9.13% – 2.31%)
A$3,587.04
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= A$3,587.04 ÷ (1 + 9.13%)10
A$1,497.37
ASX:LNK Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= A$1,511.28 + A$1,497.37
A$3,008.65
Equity Value per Share
(AUD)
= Total value / Shares Outstanding
= A$3,008.65 / 533.95
A$5.63
ASX:LNK Discount to Share Price
Calculation Result
Value per share (AUD) From above. A$5.63
Current discount Discount to share price of A$7.46
= -1 x (A$7.46 - A$5.63) / A$5.63
-32.4%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Link Administration Holdings is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Link Administration Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Link Administration Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:LNK PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$0.51
ASX:LNK Share Price ** ASX (2019-04-18) in AUD A$7.46
Australia IT Industry PE Ratio Median Figure of 16 Publicly-Listed IT Companies 16.9x
Australia Market PE Ratio Median Figure of 544 Publicly-Listed Companies 16.05x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Link Administration Holdings.

ASX:LNK PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:LNK Share Price ÷ EPS (both in AUD)

= 7.46 ÷ 0.51

14.7x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Link Administration Holdings is good value based on earnings compared to the AU IT industry average.
  • Link Administration Holdings is good value based on earnings compared to the Australia market.
Price based on expected Growth
Does Link Administration Holdings's expected growth come at a high price?
Raw Data
ASX:LNK PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 14.7x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 9 Analysts
-1.3%per year
Australia IT Industry PEG Ratio Median Figure of 12 Publicly-Listed IT Companies 1.34x
Australia Market PEG Ratio Median Figure of 361 Publicly-Listed Companies 1.36x

*Line of best fit is calculated by linear regression .

ASX:LNK PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 14.7x ÷ -1.3%

-11.68x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Link Administration Holdings earnings are not expected to grow next year, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Link Administration Holdings's assets?
Raw Data
ASX:LNK PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$3.88
ASX:LNK Share Price * ASX (2019-04-18) in AUD A$7.46
Australia IT Industry PB Ratio Median Figure of 32 Publicly-Listed IT Companies 2.41x
Australia Market PB Ratio Median Figure of 1,676 Publicly-Listed Companies 1.69x
ASX:LNK PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:LNK Share Price ÷ Book Value per Share (both in AUD)

= 7.46 ÷ 3.88

1.92x

* Primary Listing of Link Administration Holdings.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Link Administration Holdings is good value based on assets compared to the AU IT industry average.
X
Value checks
We assess Link Administration Holdings's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the IT industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the IT industry average (and greater than 0)? (1 check)
  5. Link Administration Holdings has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Link Administration Holdings expected to perform in the next 1 to 3 years based on estimates from 9 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-1.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Link Administration Holdings expected to grow at an attractive rate?
  • Link Administration Holdings's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2.3%.
Growth vs Market Checks
  • Link Administration Holdings's earnings are expected to decrease over the next 1-3 years, this is below the Australia market average.
  • Link Administration Holdings's revenues are expected to decrease over the next 1-3 years, this is below the Australia market average.
Annual Growth Rates Comparison
Raw Data
ASX:LNK Future Growth Rates Data Sources
Data Point Source Value (per year)
ASX:LNK Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 9 Analysts -1.3%
ASX:LNK Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 9 Analysts -0.1%
Australia IT Industry Earnings Growth Rate Market Cap Weighted Average 37.4%
Australia IT Industry Revenue Growth Rate Market Cap Weighted Average 14.4%
Australia Market Earnings Growth Rate Market Cap Weighted Average 6.6%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3.2%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ASX:LNK Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:LNK Future Estimates Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-06-30 1,486 253 2
2022-06-30 1,404 342 228 4
2021-06-30 1,355 314 247 9
2020-06-30 1,362 283 176 9
2019-06-30 1,433 223 271 9
ASX:LNK Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 1,409 179 263
2018-09-30 1,304 193 202
2018-06-30 1,198 208 142
2018-03-31 1,043 197 125
2017-12-31 888 185 108
2017-09-30 834 167 96
2017-06-30 780 148 85
2017-03-31 780 135 86
2016-12-31 779 122 88
2016-09-30 778 112 65
2016-06-30 776 103 42
2016-03-31 765 77 20

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Link Administration Holdings's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • Link Administration Holdings's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ASX:LNK Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below

All data from Link Administration Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:LNK Future Estimates Data
Date (Data in AUD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-06-30
2022-06-30 0.42 0.43 0.40 2.00
2021-06-30 0.38 0.44 0.30 4.00
2020-06-30 0.36 0.38 0.34 5.00
2019-06-30 0.46 0.52 0.35 6.00
ASX:LNK Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 0.51
2018-09-30 0.40
2018-06-30 0.29
2018-03-31 0.27
2017-12-31 0.25
2017-09-30 0.24
2017-06-30 0.23
2017-03-31 0.23
2016-12-31 0.24
2016-09-30 0.18
2016-06-30 0.13
2016-03-31 0.06

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Link Administration Holdings is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Link Administration Holdings's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Australia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Australia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Link Administration Holdings has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Link Administration Holdings performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Link Administration Holdings's growth in the last year to its industry (IT).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Link Administration Holdings has delivered over 20% year on year earnings growth in the past 5 years.
  • Link Administration Holdings's 1-year earnings growth exceeds its 5-year average (144.2% vs 67.1%)
  • Link Administration Holdings's earnings growth has exceeded the AU IT industry average in the past year (144.2% vs 50.5%).
Earnings and Revenue History
Link Administration Holdings's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Link Administration Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:LNK Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 1,409.50 263.29 382.16
2018-09-30 1,303.96 202.48 346.58
2018-06-30 1,198.42 141.66 311.01
2018-03-31 1,042.97 125.11 275.82
2017-12-31 887.52 107.84 240.62
2017-09-30 833.75 96.23 231.11
2017-06-30 779.98 84.63 221.59
2017-03-31 779.61 86.12 229.67
2016-12-31 779.25 87.60 237.76
2016-09-30 777.57 64.83 243.22
2016-06-30 775.90 42.07 248.69
2016-03-31 765.22 20.39 242.75
2015-12-31 754.53 -1.29 236.82
2015-09-30 671.44 1.26 208.26
2015-06-30 588.34 3.80 179.71
2014-06-30 410.41 -25.26 109.09
2013-06-30 365.05 49.97 89.73
2012-06-30 322.17 31.58 81.17

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Link Administration Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Link Administration Holdings used its assets more efficiently than the AU IT industry average last year based on Return on Assets.
  • Link Administration Holdings has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Link Administration Holdings's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the IT industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Link Administration Holdings has a total score of 5/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Link Administration Holdings's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Link Administration Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Link Administration Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Link Administration Holdings's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Link Administration Holdings's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Link Administration Holdings Company Filings, last reported 3 months ago.

ASX:LNK Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 2,066.77 833.56 195.78
2018-09-30 2,066.77 833.56 195.78
2018-06-30 1,900.00 822.44 265.51
2018-03-31 1,900.00 822.44 265.51
2017-12-31 1,521.54 1,001.15 116.53
2017-09-30 1,521.54 1,001.15 116.53
2017-06-30 617.35 313.13 18.16
2017-03-31 617.35 313.13 18.16
2016-12-31 594.57 317.93 35.36
2016-09-30 594.57 317.93 35.36
2016-06-30 582.06 292.12 30.15
2016-03-31 582.06 292.12 30.15
2015-12-31 535.18 326.88 24.85
2015-09-30 535.18 326.88 24.85
2015-06-30 49.14 793.73 31.84
2014-06-30 38.73 638.52 27.84
2013-06-30 326.97 319.29 31.08
2012-06-30 273.88 332.23 10.46
  • Link Administration Holdings's level of debt (40.3%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (266% vs 40.3% today).
  • Debt is well covered by operating cash flow (21.4%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 9.2x coverage).
X
Financial health checks
We assess Link Administration Holdings's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Link Administration Holdings has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Link Administration Holdings's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.88%
Current annual income from Link Administration Holdings dividends. Estimated to be 3.17% next year.
If you bought A$2,000 of Link Administration Holdings shares you are expected to receive A$58 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Link Administration Holdings's pays a higher dividend yield than the bottom 25% of dividend payers in Australia (2.57%).
  • Link Administration Holdings's dividend is below the markets top 25% of dividend payers in Australia (5.72%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ASX:LNK Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below
Australia IT Industry Average Dividend Yield Market Cap Weighted Average of 11 Stocks 2.2%
Australia Market Average Dividend Yield Market Cap Weighted Average of 417 Stocks 4.3%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.6%
Australia Bottom 25% Dividend Yield 25th Percentile 2.6%
Australia Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

ASX:LNK Future Dividends Estimate Data
Date (Data in A$) Dividend per Share (annual) Avg. No. Analysts
2023-06-30 0.24 2.00
2022-06-30 0.24 4.00
2021-06-30 0.25 10.00
2020-06-30 0.24 10.00
2019-06-30 0.22 10.00
ASX:LNK Past Annualized Dividends Data
Date (Data in A$) Dividend per share (annual) Avg. Yield (%)
2019-02-14 0.215 2.875
2018-08-16 0.205 2.807
2018-02-21 0.150 1.932
2017-08-17 0.160 1.955
2017-02-16 0.120 1.553
2016-08-23 0.080 1.043
2015-10-27 0.000 0.000

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Whilst dividend payments have been stable, Link Administration Holdings has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but Link Administration Holdings only paid a dividend in the past 3 years.
Current Payout to shareholders
What portion of Link Administration Holdings's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.4x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2x coverage).
X
Income/ dividend checks
We assess Link Administration Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.6%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Link Administration Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Link Administration Holdings has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Link Administration Holdings's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
John McMurtrie
COMPENSATION A$2,416,969
TENURE AS CEO 17.3 years
CEO Bio

Mr. John M. McMurtrie, BEc, BEc(Hons), MEc, A.M., has been Chief Executive Officer and Managing Director at Superpartners Pty Ltd. since December 19, 2014. Mr. McMurtrie has been Managing Director and Executive Director at Link Administration Holdings Limited since February 16, 2007. He is Director of The Association of Superannuation Funds of Australia Limited since November 2018. He serves as Managing Director at Link Market Services Limited. He joined Link Group in 2002 as Managing Director. Mr. McMurtrie has over 40 years of business experience, more than 35 of which have been in the financial services industry, covering both the public and private sectors. His previous senior appointments include Executive General Manager of ASX's Investors and Companies division and Chief Executive Officer of UBS Australia. Mr. McMurtrie was previously Chair of Sydney Water Corporation and was the inaugural Chair of the National Electricity Code Administrator (NECA). He serves as a Director of Link Market Services South Africa (Pty) Limited and Link Market Services Limited. He has been a Director at Superpartners Pty Ltd. since December 19, 2014. Mr. McMurtrie holds a Master of Economics and Bachelor of Economics (Hons) from the University of Adelaide.

CEO Compensation
  • John's compensation has increased by more than 20% in the past year.
  • John's remuneration is about average for companies of similar size in Australia.
Management Team Tenure

Average tenure of the Link Administration Holdings management team in years:

1.4
Average Tenure
  • The average tenure for the Link Administration Holdings management team is less than 2 years, this suggests a new team.
Management Team

John McMurtrie

TITLE
MD & Executive Director
COMPENSATION
A$2M
TENURE
17.3 yrs

Paul Gardiner

TITLE
Chief Operations
COMPENSATION
A$1M
TENURE
0.3 yrs

John Hawkins

TITLE
Group Executive of Investments & Acquisitions
COMPENSATION
A$2M
TENURE
0.3 yrs

Anthony O'Keeffe

TITLE
Chief Executive Officer of Link Asset Services
COMPENSATION
A$2M
TENURE
1.4 yrs

Andrew MacLachlan

TITLE
Chief Financial Officer
TENURE
0.3 yrs

Janine Rolfe

TITLE
General Counsel & Company Secretary
AGE
40
TENURE
1.9 yrs

Michael Rosmarin

TITLE
Chief Human Resources & Brand Officer
TENURE
0.3 yrs

Matt Acheson

TITLE
Chief Risk Officer
TENURE
4.3 yrs

Jackie Millan

TITLE
Chief Financial Officer of Link Asset Services
TENURE
1.4 yrs
Board of Directors Tenure

Average tenure and age of the Link Administration Holdings board of directors in years:

3.6
Average Tenure
59.5
Average Age
  • The tenure for the Link Administration Holdings board of directors is about average.
Board of Directors

Michael Carapiet

TITLE
Independent Chairman
COMPENSATION
A$355K
AGE
60
TENURE
4.2 yrs

John McMurtrie

TITLE
MD & Executive Director
COMPENSATION
A$2M
TENURE
12.2 yrs

Glen Boreham

TITLE
Independent Non-Executive Director
COMPENSATION
A$206K
AGE
54
TENURE
3.6 yrs

Sally Anne Pitkin

TITLE
Independent Non-Executive Director
COMPENSATION
A$209K
AGE
59
TENURE
3.6 yrs

Fiona Trafford-Walker

TITLE
Independent Non-Executive Director
COMPENSATION
A$213K
TENURE
3.6 yrs

Anne McDonald

TITLE
Independent Non-Executive Director
COMPENSATION
A$181K
AGE
61
TENURE
2.8 yrs

Peeyush Kumar Gupta

TITLE
Independent Non-Executive Director
COMPENSATION
A$181K
AGE
59
TENURE
2.4 yrs

Andy Green

TITLE
Independent Non-Executive Director
COMPENSATION
A$83K
AGE
62
TENURE
1.1 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Link Administration Holdings insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
08. Apr 19 Sell Challenger Limited Company 07. Dec 18 28. Mar 19 -4,279,022 A$6.85 A$-29,310,314
08. Apr 19 Buy Challenger Limited Company 05. Dec 18 04. Apr 19 6,476,282 A$7.29 A$47,205,892
04. Apr 19 Sell Pinnacle Fund Services Limited Company 25. Sep 18 03. Apr 19 -5,994,104 A$7.46 A$-44,743,353
04. Apr 19 Buy Pinnacle Fund Services Limited Company 26. Sep 18 13. Mar 19 4,189,574 A$7.56 A$31,673,639
04. Apr 19 Sell The Vanguard Group, Inc. Company 06. Dec 18 01. Apr 19 -291,230 A$7.75 A$-2,257,970
04. Apr 19 Buy The Vanguard Group, Inc. Company 03. Dec 18 02. Apr 19 1,504,799 A$7.82 A$11,767,528
19. Mar 19 Sell AustralianSuper Pty Ltd Company 02. Nov 17 14. Mar 19 -9,116,302 A$8.73 A$-79,585,317
19. Mar 19 Buy AustralianSuper Pty Ltd Company 06. Nov 17 06. Mar 19 5,173,184 A$9.03 A$46,726,869
15. Mar 19 Buy JBWere Limited Company 12. Mar 19 12. Mar 19 14,293 A$7.72 A$110,328
15. Mar 19 Sell MLC Investments Limited Company 08. Mar 19 08. Mar 19 -131,546 A$7.65 A$-1,006,148
15. Mar 19 Sell Antares Capital Partners Pty. Ltd. Company 11. Mar 19 11. Mar 19 -1,251 A$7.69 A$-9,619
13. Mar 19 Buy JBWere Limited Company 07. Mar 19 07. Mar 19 24,282 A$7.69 A$186,836
13. Mar 19 Sell Antares Capital Partners Pty. Ltd. Company 07. Mar 19 07. Mar 19 -100,000 A$7.68 A$-767,731
13. Mar 19 Buy Antares Capital Partners Pty. Ltd. Company 05. Mar 19 07. Mar 19 339,874 A$7.71 A$2,619,648
13. Mar 19 Buy MLC Investment Management Limited Company 06. Mar 19 07. Mar 19 3,783 A$7.66 A$28,978
07. Mar 19 Buy JBWere Limited Company 01. Mar 19 01. Mar 19 1,612 A$7.72 A$12,448
07. Mar 19 Sell MLC Investments Limited Company 26. Feb 19 27. Feb 19 -128,445 A$7.70 A$-989,446
07. Mar 19 Sell OneVue Limited Company 01. Mar 19 01. Mar 19 -19 A$7.62 A$-145
07. Mar 19 Buy OneVue Limited Company 01. Mar 19 01. Mar 19 267 A$7.67 A$2,049
07. Mar 19 Buy MLC Investment Management Limited Company 28. Feb 19 01. Mar 19 7,786 A$7.62 A$59,304
06. Mar 19 Sell Credit Suisse, Investment Banking and Securities Investments Company 26. Feb 19 28. Feb 19 -404,337 A$7.39 A$-2,990,069
06. Mar 19 Buy Credit Suisse, Investment Banking and Securities Investments Company 26. Feb 19 28. Feb 19 273,081 A$7.53 A$2,055,971
01. Mar 19 Sell Credit Suisse Asset Management (Switzerland) Company 19. Dec 18 19. Dec 18 -7,705 A$6.83 A$-52,625
04. Mar 19 Buy Antares Capital Partners Pty. Ltd. Company 26. Feb 19 27. Feb 19 90,228 A$7.54 A$680,022
04. Mar 19 Sell OneVue Limited Company 26. Feb 19 26. Feb 19 -18 A$7.43 A$-134
01. Mar 19 Sell Credit Suisse, Investment Banking and Securities Investments Company 29. Oct 18 25. Feb 19 -5,091,948 A$7.17 A$-36,513,610
01. Mar 19 Buy Credit Suisse, Investment Banking and Securities Investments Company 29. Oct 18 25. Feb 19 4,570,726 A$7.01 A$32,045,057
28. Feb 19 Buy MLC Investments Limited Company 15. Feb 19 18. Feb 19 56,310 A$7.00 A$394,077
28. Feb 19 Buy MLC Investment Management Limited Company 15. Feb 19 15. Feb 19 17,371 A$7.25 A$125,897
28. Feb 19 Buy JBWere Limited Company 19. Feb 19 21. Feb 19 106,475 A$7.22 A$769,046
28. Feb 19 Buy Antares Capital Partners Pty. Ltd. Company 15. Feb 19 21. Feb 19 191,370 A$7.10 A$1,359,019
21. Feb 19 Buy Sally Anne Pitkin Individual 19. Feb 19 19. Feb 19 9,500 A$6.99 A$66,395
21. Feb 19 Buy John McMurtrie Individual 18. Feb 19 18. Feb 19 150,000 A$7.06 A$1,059,575
21. Feb 19 Buy Michael Carapiet Individual 20. Feb 19 20. Feb 19 200,000 A$7.00 A$1,400,000
15. Feb 19 Sell OneVue Limited Company 12. Feb 19 12. Feb 19 -401 A$7.12 A$-2,856
13. Feb 19 Buy JBWere Limited Company 06. Feb 19 06. Feb 19 7,132 A$7.14 A$50,958
13. Feb 19 Buy Antares Capital Partners Pty. Ltd. Company 05. Feb 19 05. Feb 19 10,484 A$7.14 A$74,830
07. Feb 19 Sell JBWere Limited Company 11. Dec 18 31. Jan 19 -36,023 A$6.78 A$-244,374
07. Feb 19 Buy JBWere Limited Company 10. Dec 18 01. Feb 19 170,431 A$6.70 A$1,142,497
07. Feb 19 Sell MLC Investments Limited Company 11. Dec 18 01. Feb 19 -1,514,481 A$6.87 A$-10,400,633
07. Feb 19 Buy MLC Investments Limited Company 10. Dec 18 07. Jan 19 274,665 A$6.88 A$1,890,115
07. Feb 19 Sell Antares Capital Partners Pty. Ltd. Company 17. Jan 19 30. Jan 19 -402 A$7.08 A$-2,846
07. Feb 19 Buy Antares Capital Partners Pty. Ltd. Company 11. Dec 18 31. Jan 19 248,940 A$6.76 A$1,681,684
07. Feb 19 Sell OneVue Limited Company 21. Dec 18 11. Jan 19 -40 A$6.74 A$-270
07. Feb 19 Buy OneVue Limited Company 27. Dec 18 31. Jan 19 440 A$6.71 A$2,954
07. Feb 19 Buy MLC Investment Management Limited Company 10. Dec 18 23. Jan 19 113,550 A$7.01 A$770,718
12. Dec 18 Buy JBWere Limited Company 04. Dec 18 06. Dec 18 50,501 A$7.25 A$357,097
12. Dec 18 Buy MLC Investments Limited Company 04. Dec 18 07. Dec 18 44,814 A$7.23 A$320,961
12. Dec 18 Buy MLC Investment Management Limited Company 05. Dec 18 07. Dec 18 3,616 A$6.96 A$25,131
06. Dec 18 Sell JBWere Limited Company 03. Dec 18 03. Dec 18 -3,491 A$7.12 A$-24,843
06. Dec 18 Buy JBWere Limited Company 30. Nov 18 03. Dec 18 34,948 A$7.07 A$247,256
06. Dec 18 Buy OneVue Limited Company 03. Dec 18 03. Dec 18 21,894 A$7.10 A$155,519
04. Dec 18 Buy JBWere Limited Company 27. Nov 18 27. Nov 18 7,600 A$6.88 A$52,287
04. Dec 18 Buy MLC Investment Management Limited Company 28. Nov 18 28. Nov 18 127 A$6.97 A$885
29. Nov 18 Sell JBWere Limited Company 20. Nov 18 20. Nov 18 -1,314 A$7.10 A$-9,330
29. Nov 18 Buy JBWere Limited Company 22. Nov 18 22. Nov 18 36,500 A$6.77 A$247,261
29. Nov 18 Sell MLC Investments Limited Company 23. Nov 18 26. Nov 18 -478,865 A$6.72 A$-3,217,357
29. Nov 18 Buy MLC Investments Limited Company 19. Nov 18 19. Nov 18 62,845 A$7.25 A$455,619
29. Nov 18 Buy Antares Capital Partners Pty. Ltd. Company 21. Nov 18 23. Nov 18 208,594 A$6.79 A$1,416,850
29. Nov 18 Sell MLC Investment Management Limited Company 26. Nov 18 26. Nov 18 -426 A$6.80 A$-2,897
29. Nov 18 Buy MLC Investment Management Limited Company 19. Nov 18 23. Nov 18 6,009 A$6.80 A$40,885
29. Nov 18 Sell Challenger Limited Company 26. Nov 18 27. Nov 18 -6,565,000 A$6.85 A$-44,956,917
29. Nov 18 Buy Challenger Limited Company 23. Nov 18 26. Nov 18 523,700 A$6.78 A$3,551,834
26. Nov 18 Sell Challenger Limited Company 26. Apr 18 22. Nov 18 -15,704,495 A$7.53 A$-118,197,612
26. Nov 18 Buy Challenger Limited Company 24. Apr 18 22. Nov 18 7,267,762 A$7.65 A$55,625,307
21. Nov 18 Buy JBWere Limited Company 15. Oct 18 13. Nov 18 149,765 A$7.60 A$1,138,829
21. Nov 18 Buy MLC Investments Limited Company 29. Aug 18 16. Nov 18 5,623,623 A$7.63 A$42,906,000
21. Nov 18 Buy Antares Capital Partners Pty. Ltd. Company 30. Aug 18 15. Nov 18 4,059,665 A$7.72 A$31,340,890
21. Nov 18 Buy OneVue Limited Company 31. Aug 18 01. Nov 18 834 A$7.76 A$6,472
21. Nov 18 Buy MLC Investment Management Limited Company 13. Sep 18 15. Nov 18 32,277 A$7.81 A$245,723
26. Sep 18 Buy Pinnacle Fund Services Limited Company 21. Sep 18 21. Sep 18 1,812,300 A$7.58 A$13,671,373
14. Sep 18 Sell Ellerston Capital Limited Company 11. Jul 18 12. Sep 18 -8,173,086 A$7.60 A$-62,129,721
14. Sep 18 Buy Ellerston Capital Limited Company 02. Jul 18 09. Aug 18 5,183,673 A$7.38 A$38,267,729
03. Sep 18 Buy Andrew Green Individual 28. Aug 18 28. Aug 18 26,030 A$8.09 A$210,645
29. Aug 18 Buy MLC Investment Management Limited Company 24. Aug 18 24. Aug 18 4,402 A$7.84 A$34,512
28. Aug 18 Buy JBWere Limited Company 01. May 18 08. Aug 18 108,302 A$7.26 A$786,175
28. Aug 18 Buy MLC Investments Limited Company 23. Apr 18 22. Aug 18 1,842,314 A$7.60 A$13,993,081
28. Aug 18 Buy Antares Capital Partners Pty. Ltd. Company 30. Apr 18 22. Aug 18 6,908,019 A$7.38 A$50,969,636
28. Aug 18 Buy MLC Investment Management Limited Company 02. May 18 01. Aug 18 36,968 A$7.70 A$283,888
15. Aug 18 Sell Pinnacle Fund Services Limited Company 30. Apr 18 10. Aug 18 -4,143,243 A$7.12 A$-29,482,303
15. Aug 18 Buy Pinnacle Fund Services Limited Company 20. Apr 18 10. Aug 18 8,075,746 A$7.61 A$61,468,960
12. Jul 18 Sell UBS Asset Management Company 18. Jun 18 10. Jul 18 -6,413,149 A$7.46 A$-47,296,176
12. Jul 18 Buy UBS Asset Management Company 18. Jun 18 10. Jul 18 4,857,731 A$7.32 A$35,569,869
29. Jun 18 Sell Ellerston Capital Limited Company 09. Jun 17 15. Jun 18 -27,911,693 A$8.19 A$-228,677,839
29. Jun 18 Buy Ellerston Capital Limited Company 01. Jun 17 29. Jun 18 51,355,822 A$7.46 A$382,943,177
19. Jun 18 Sell UBS Asset Management Company 22. May 18 15. Jun 18 -8,455,005 A$6.98 A$-58,996,597
19. Jun 18 Buy UBS Asset Management Company 22. May 18 15. Jun 18 10,503,278 A$7.27 A$74,727,802
23. May 18 Sell UBS Asset Management Company 17. May 18 21. May 18 -2,181,188 A$7.12 A$-15,522,225
23. May 18 Buy UBS Asset Management Company 17. May 18 21. May 18 1,643,751 A$7.12 A$11,698,112
20. May 18 Sell UBS Asset Management Company 17. Jan 18 16. May 18 -26,587,053 A$8.45 A$-215,402,736
20. May 18 Buy UBS Asset Management Company 17. Jan 18 16. May 18 30,094,332 A$8.31 A$241,535,045
17. May 18 Sell Cooper Investors Pty Limited Company 16. May 18 16. May 18 -3,922,950 A$7.27 A$-28,511,174
17. May 18 Sell Cooper Investors Pty Limited Company 23. Jan 17 15. May 18 -5,960,160 A$8.94 A$-44,227,522
08. May 18 Buy Anne McDonald Individual 08. May 18 08. May 18 5,000 A$8.31 A$41,550
26. Apr 18 Buy Challenger Limited Company 23. Apr 18 23. Apr 18 3,930,852 A$8.50 A$33,412,241
26. Apr 18 Buy Challenger Limited Company 28. Feb 18 20. Apr 18 4,380,001 A$8.29 A$36,314,869
24. Apr 18 Buy Michael Carapiet Individual 24. Apr 18 24. Apr 18 48,414 A$8.10 A$392,153
24. Apr 18 Buy Michael Carapiet Individual 23. Apr 18 23. Apr 18 23,586 A$8.10 A$191,021
20. Apr 18 Buy Pinnacle Fund Services Limited Company 04. Apr 18 19. Apr 18 69,184 A$8.52 A$589,642
X
Management checks
We assess Link Administration Holdings's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Link Administration Holdings has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Is Link Administration Holdings Limited's (ASX:LNK) Balance Sheet Strong Enough To Weather A Storm?

Link Administration Holdings Limited (ASX:LNK) is a small-cap stock with a market capitalization of AU$4.0b. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … Evaluating financial health as part of your investment thesis is.

Simply Wall St -

Should You Worry About Link Administration Holdings Limited's (ASX:LNK) CEO Pay?

First, this article will compare CEO compensation with compensation at similar sized companies. … How Does John McMurtrie's Compensation Compare With Similar Sized Companies. … At the time of writing our data says that Link Administration Holdings Limited has a market cap of AU$3.9b, and is paying total annual CEO compensation of AU$2.4m.

Simply Wall St -

Here's How P/E Ratios Can Help Us Understand Link Administration Holdings Limited (ASX:LNK)

To keep it practical, we'll show how Link Administration Holdings Limited's (ASX:LNK) P/E ratio could help you assess the value on offer. … Link Administration Holdings has a P/E ratio of 14.64, based on the last twelve months. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

Simply Wall St -

Is Link Administration Holdings Limited (ASX:LNK) A Great Dividend Stock?

In the last few years Link Administration Holdings Limited (ASX:LNK) has paid a dividend to shareholders. … Let's take a look at Link Administration Holdings in more detail. … View our latest analysis for Link Administration Holdings

Simply Wall St -

These Fundamentals Make Link Administration Holdings Limited (ASX:LNK) Truly Worth Looking At

Link Administration Holdings Limited (ASX:LNK) is a stock with outstanding fundamental characteristics. … When we build an investment case, we need to look at the stock with a holistic perspective. … For those interested in understanding where the figures come from and want to see the analysis,

Simply Wall St -

Buy Link Administration Holdings Limited (ASX:LNK) When Everyone Panics

Longstanding stocks such as Link Administration Holdings Limited has fared well over time in a volatile stock market, which is why it’s my top pick to invest in. … Check out our latest analysis for Link Administration Holdings. … Link Administration Holdings Limited, together with its subsidiaries, provides technology-enabled administration solutions to companies, large asset owners, and trustees in Australia and internationally

Simply Wall St -

Who Has Been Buying Link Administration Holdings Limited (ASX:LNK) Shares?

So we'll take a look at whether insiders have been buying or selling shares in Link Administration Holdings Limited (ASX:LNK). … But logic dictates you should pay some attention to whether insiders are buying or selling shares. … The Last 12 Months Of Insider Transactions At Link Administration Holdings.

Simply Wall St -

Read This Before Judging Link Administration Holdings Limited's (ASX:LNK) ROE

We'll use ROE to examine Link Administration Holdings Limited (ASX:LNK), by way of a worked example. … Over the last twelve months Link Administration Holdings has recorded a ROE of 7.5%. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Is Link Administration Holdings Limited (ASX:LNK) Investing Your Capital Efficiently?

To be precise, we'll consider its Return On Capital Employed (ROCE), as that will inform our view of the quality of the business. … What is Return On Capital Employed (ROCE)? … ROCE measures the amount of pre-tax profits a company can generate from the capital employed in its business.

Simply Wall St -

Link Administration Holdings Limited (ASX:LNK): Will The Growth Last?

Based on Link Administration Holdings Limited's (ASX:LNK) earnings update in June 2018, … analyst consensus outlook appear cautiously optimistic, … as a 33% increase in profits is expected in the upcoming year,

Simply Wall St -

Company Info

Description

Link Administration Holdings Limited, together with its subsidiaries, provides technology-enabled administration solutions to companies, large asset owners, and trustees in Australia and internationally. It operates through four segments: Fund Administration; Corporate Markets; Technology and Innovation; and Link Asset Services. The Fund Administration segment offers core member and employer administration services; and a range of value-added services, including integrated clearing house, financial planning and advice, direct investment options, and trustee services. The Corporate Markets segment provides shareholder management and analytics, stakeholder engagement, share and unit registry, employee share plans, and company secretarial support services, as well as insolvency solutions. The Technology and Innovation segment offers services for the development and maintenance of proprietary information technology systems and platforms; and value-added services of data analytics, digital solutions, and digital communications. The Link Asset Services segment provides a range of financial and administrative services, such as share registration and plan, and treasury solutions; third-party administration and transfer agency services, and various investment funds; finance and accounting, company secretarial, entity management, trust, and inter-generational transfer services; and loan origination and servicing, debt work-out, compliance, and regulatory oversight services. The company was incorporated in 2006 and is headquartered in Sydney, Australia.

Details
Name: Link Administration Holdings Limited
LNK
Exchange: ASX
Founded: 2006
A$3,988,611,131
533,950,620
Website: http://www.linkgroup.com
Address: Link Administration Holdings Limited
680 George Street,
Level 12,
Sydney,
New South Wales, 2000,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX LNK Ordinary Shares Australian Securities Exchange AU AUD 27. Oct 2015
DB 1LK Ordinary Shares Deutsche Boerse AG DE EUR 27. Oct 2015
Number of employees
Current staff
Staff numbers
4,300
Link Administration Holdings employees.
Industry
Data Processing and Outsourced Services
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/18 10:35
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2019/04/17
Last earnings filing: 2019/02/14
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.