Steadfast Group (DB:1S6) - Stock Price, News & Analysis

1S6 Stock Overview

Provides general insurance brokerage services Australasia, Asia, and Europe. More details

1S6 fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	2/6
Past Performance	4/6
Financial Health	5/6
Dividends	4/6

Rewards

Trading at 33.8% below our estimate of its fair value

Earnings are forecast to grow 10.86% per year

Earnings grew by 20.5% over the past year

Risk Analysis

Unstable dividend track record

Steadfast Group Limited Competitors

Wüstenrot & Württembergische

XTRA:WUW

€1.1b

Talanx

XTRA:TLX

€20.1b

Hannover Rück

XTRA:HNR1

€28.8b

Hagerty

NYSE:HGTY

US$3.8b

Price History & Performance

Summary of all time highs, changes and price drops for Steadfast Group
Historical stock prices
Current Share Price	AU$3.38
52 Week High	AU$3.90
52 Week Low	AU$3.08
Beta	0.68
11 Month Change	4.32%
3 Month Change	-9.63%
1 Year Change	5.63%
33 Year Change	5.63%
5 Year Change	56.48%
Change since IPO	265.41%

Recent updates

Shareholder Returns

	1S6	DE Insurance	DE Market
7D	1.8%	1.0%	-0.2%
1Y	5.6%	20.6%	7.8%

Return vs Industry: 1S6 underperformed the German Insurance industry which returned 22.9% over the past year.

Return vs Market: 1S6 underperformed the German Market which returned 7.9% over the past year.

Price Volatility

Is 1S6's price volatile compared to industry and market?
1S6 volatility
1S6 Average Weekly Movement	5.9%
Insurance Industry Average Movement	2.6%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	11.1%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: 1S6 has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: 1S6's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1996	n/a	Robert Kelly	www.steadfast.com.au

Steadfast Group Limited provides general insurance brokerage services Australasia, Asia, and Europe. It also offers insurance underwriting services and related services. The company provides various business insurance products, such as aviation, business pack and interruption, contract works, corporate travel, cyber, events, farm, marine, management and product liability, professional indemnity, public liability, trade credit, and workers’ compensation insurance.

Steadfast Group Limited Fundamentals Summary

How do Steadfast Group's earnings and revenue compare to its market cap?
1S6 fundamental statistics
Market cap	€3.86b
Earnings (TTM)	€140.54m
Revenue (TTM)	€1.08b

27.5x

P/E Ratio

3.6x

P/S Ratio

Is 1S6 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
1S6 income statement (TTM)
Revenue	AU$1.76b
Cost of Revenue	AU$897.40m
Gross Profit	AU$862.00m
Other Expenses	AU$634.00m
Earnings	AU$228.00m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Feb 26, 2025

Earnings per share (EPS)	0.21
Gross Margin	48.99%
Net Profit Margin	12.96%
Debt/Equity Ratio	47.3%

How did 1S6 perform over the long term?

See historical performance and comparison

Dividends

3.0%

Current Dividend Yield

81%

Payout Ratio

1S6 Stock Overview

Rewards

Risk Analysis

Steadfast Group Limited Competitors

XTRA:WUW

€1.1b

XTRA:TLX

€20.1b

XTRA:HNR1

€28.8b

NYSE:HGTY

US$3.8b

Price History & Performance

Recent News & Updates

Investor sentiment deteriorates as stock falls 18%

Final dividend of AU$0.10 announced

Steadfast Group Limited to Report First Half, 2025 Results on Feb 26, 2025

Full year 2024 earnings released: EPS: AU$0.21 (vs AU$0.18 in FY 2023)

Steadfast Group Limited Announces Final Franked Dividend for the Year Ended 30 June 2024, Payable on 24 September 2024

Now 20% undervalued

Recent updates

Investor sentiment deteriorates as stock falls 18%

Final dividend of AU$0.10 announced

Steadfast Group Limited to Report First Half, 2025 Results on Feb 26, 2025

Full year 2024 earnings released: EPS: AU$0.21 (vs AU$0.18 in FY 2023)

Steadfast Group Limited Announces Final Franked Dividend for the Year Ended 30 June 2024, Payable on 24 September 2024

Now 20% undervalued

Now 20% undervalued

Now 21% undervalued after recent price drop

Now 20% undervalued after recent price drop

Now 21% undervalued after recent price drop

Now 21% undervalued after recent price drop

Now 20% undervalued after recent price drop

First half 2024 earnings released: EPS: AU$0.096 (vs AU$0.085 in 1H 2023)

First half dividend of AU$0.068 announced

Steadfast Group Limited has completed a Follow-on Equity Offering in the amount of AUD 68.125925 million.

Steadfast Group Limited has completed a Follow-on Equity Offering in the amount of AUD 275.642028 million.

Steadfast Group Limited, Annual General Meeting, Nov 01, 2024

Steadfast Group Limited (ASX:SDF) entered into an agreement to acquire 70% stake in Combined Agency Group Pty Limited for approximately AUD 280 million.

Now 22% undervalued after recent price drop

New minor risk - Shareholder dilution

Steadfast Group Limited has filed a Follow-on Equity Offering.

Steadfast Group Limited Appoints Andrew Bloore as A Director

Steadfast Group Limited (ASX:SDF) acquired ISU Group for $55 million.

Steadfast Group Limited Announces Executive Changes

Full year 2023 earnings released: EPS: AU$0.18 (vs AU$0.18 in FY 2022)

Javelin Limited acquired Underwriter Central and Insurance Connect businesses of Steadfast Group.

Steadfast Group Limited Appoints Duncan Ramsay as Additional Company Secretary

Co-Founder recently sold €1.2m worth of stock

Non-Executive Independent Chairman recently sold €185k worth of stock

First half 2023 earnings released: EPS: AU$0.085 (vs AU$0.12 in 1H 2022)

Steadfast Group Limited Updates Earnings Guidance for the Full Year 2023

Steadfast Group Limited to Report Fiscal Year 2023 Results on Aug 17, 2023

Steadfast Group Limited to Report First Half, 2023 Results on Feb 22, 2023

Non-Executive Independent Chairman recently sold €394k worth of stock

Key Executive recently sold €208k worth of stock

Steadfast Group Limited (ASX:SDF) Completed the acquisition of Insurance Brands Australia Pty Limited.

Full year 2022 earnings released: EPS: AU$0.18 (vs AU$0.17 in FY 2021)

Steadfast Group Limited (ASX:SDF) entered into an agreement to acquire Insurance Brands Australia Pty Limited for AUD 301 million.

Steadfast Group Limited Announces Dividend for the Period of Six Months Ended 30 June 2022, Payable on 9 September 2022

Steadfast Group Limited Appoints Ms Joan Cleary as A Director , Effective from 28 July 2022

Now 20% undervalued

Non-Executive Independent Director recently sold €234k worth of stock

Now 20% undervalued

Insufficient new directors

Co-Founder recently sold €323k worth of stock

First half 2022 earnings: Revenues and EPS in line with analyst expectations

Steadfast Group Retirement of Philip Purcell as Director

Insufficient new directors

Co-Founder recently sold €926k worth of stock

Non-Executive Independent Chairman recently bought €305k worth of stock

Steadfast Group Limited (ASX:SDF) completed the acquisition of Coverforce Holdco Pty Limited from Jim Angelis and Management for approximately AUD 420 million.

Full year 2021 earnings released: EPS AU$0.17 (vs AU$0.065 loss in FY 2020)

Steadfast Group Limited (ASX:SDF) agreed to acquire Coverforce Holdco Pty Limited from Jim Angelis and Management for approximately AUD 410 million.

Steadfast Group Limited Appoints Vicki Allen as Director

Co-Founder recently sold €387k worth of stock

First half 2021 earnings released: EPS AU$0.085 (vs AU$0.087 loss in 1H 2020)

New 90-day high: €2.60

Steadfast Group Limited to Report First Half, 2021 Results on Feb 24, 2021

New 90-day high: €2.50