Kelsian Group Limited

ASX:KLS Stock Report

Market Cap: AU$1.0b

Kelsian Group Valuation

Is KLS undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of KLS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: KLS (A$3.74) is trading below our estimate of fair value (A$4.18)

Significantly Below Fair Value: KLS is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for KLS?

Key metric: As KLS is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for KLS. This is calculated by dividing KLS's market cap by their current earnings.
What is KLS's PE Ratio?
PE Ratio17.5x
EarningsAU$58.01m
Market CapAU$1.01b

Price to Earnings Ratio vs Peers

How does KLS's PE Ratio compare to its peers?

The above table shows the PE ratio for KLS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average12.9x
A2B A2B Australia
2.4xn/aAU$181.3m
LAU Lindsay Australia
10.3x12.6%AU$280.2m
DBI Dalrymple Bay Infrastructure
23.1x6.4%AU$1.8b
KSC K&S
15.7xn/aAU$489.9m
KLS Kelsian Group
17.5x9.7%AU$1.0b

Price-To-Earnings vs Peers: KLS is expensive based on its Price-To-Earnings Ratio (17.5x) compared to the peer average (12.9x).

Price to Earnings Ratio vs Industry

How does KLS's PE Ratio compare vs other companies in the Global Transportation Industry?

9 CompaniesPrice / EarningsEstimated GrowthMarket Cap
KLS 17.5xIndustry Avg. 14.5xNo. of Companies33PE01224364860+
9 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: KLS is expensive based on its Price-To-Earnings Ratio (17.5x) compared to the Global Transportation industry average (14.5x).

Price to Earnings Ratio vs Fair Ratio

What is KLS's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

KLS PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio17.5x
Fair PE Ratio12.7x

Price-To-Earnings vs Fair Ratio: KLS is expensive based on its Price-To-Earnings Ratio (17.5x) compared to the estimated Fair Price-To-Earnings Ratio (12.7x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst KLS forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentAU$3.74
AU$5.23
+39.7%
9.3%AU$6.10AU$4.50n/a8
Dec ’25AU$3.90
AU$5.23
+34.0%
9.3%AU$6.10AU$4.50n/a8
Nov ’25AU$3.83
AU$5.27
+37.7%
9.4%AU$6.10AU$4.50n/a9
Oct ’25AU$4.13
AU$5.41
+31.1%
11.7%AU$6.68AU$4.50n/a10
Sep ’25AU$3.76
AU$5.53
+47.2%
14.3%AU$7.00AU$4.50n/a10
Aug ’25AU$5.19
AU$7.04
+35.6%
8.5%AU$8.10AU$6.00n/a10
Jul ’25AU$5.09
AU$7.00
+37.6%
11.4%AU$8.85AU$5.91n/a11
Jun ’25AU$5.18
AU$7.00
+35.2%
11.4%AU$8.85AU$5.91n/a11
May ’25AU$5.51
AU$7.06
+28.2%
11.7%AU$8.85AU$5.91n/a10
Apr ’25AU$5.78
AU$6.97
+20.6%
12.1%AU$8.85AU$5.91n/a11
Mar ’25AU$6.09
AU$7.00
+15.0%
12.5%AU$8.85AU$5.91n/a10
Feb ’25AU$6.96
AU$7.21
+3.6%
9.8%AU$8.70AU$6.27n/a11
Jan ’25AU$7.00
AU$7.42
+5.9%
12.1%AU$9.20AU$6.27n/a11
Dec ’24AU$6.50
AU$7.42
+14.1%
12.1%AU$9.20AU$6.27AU$3.9011
Nov ’24AU$6.00
AU$7.42
+23.7%
12.4%AU$9.30AU$6.27AU$3.8311
Oct ’24AU$5.73
AU$7.41
+29.3%
12.9%AU$9.30AU$6.27AU$4.1311
Sep ’24AU$6.35
AU$7.41
+16.7%
12.9%AU$9.30AU$6.27AU$3.7611
Aug ’24AU$6.90
AU$7.77
+12.6%
15.1%AU$10.30AU$6.45AU$5.1911
Jul ’24AU$7.26
AU$7.77
+7.0%
16.7%AU$10.60AU$6.25AU$5.0911
Jun ’24AU$6.71
AU$7.67
+14.3%
17.2%AU$10.60AU$6.25AU$5.1810
May ’24AU$6.11
AU$7.80
+27.7%
16.9%AU$10.60AU$6.25AU$5.519
Apr ’24AU$5.85
AU$7.68
+31.2%
19.3%AU$10.60AU$5.35AU$5.789
Mar ’24AU$6.47
AU$7.43
+14.9%
16.2%AU$9.85AU$5.35AU$6.0910
Feb ’24AU$5.90
AU$7.24
+22.6%
16.2%AU$9.30AU$5.35AU$6.9610
Jan ’24AU$5.75
AU$7.38
+28.4%
15.8%AU$9.30AU$5.35AU$7.009
Dec ’23AU$5.64
AU$7.44
+32.0%
16.7%AU$9.30AU$5.35AU$6.509

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 14:29
End of Day Share Price 2024/12/24 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

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 here.

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 .

Analyst Sources

Kelsian Group Limited is covered by 16 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Piers FlanaganBarrenjoey Markets Pty Limited
Nicholas McGarrigleBarrenjoey Markets Pty Limited
Aryan NoroziBarrenjoey Markets Pty Limited