Suncorp Group
DB:SU4
SU4
DB
A$17B
Market Cap
Company description
Suncorp Group Limited provides insurance, banking, and wealth products and services to retail, corporate, and commercial sectors in Australia and New Zealand. The last earnings update was 153 days ago. More info.
Add to Portfolio Compare Print
SU4 Share Price and Events
7 Day Returns
-1.2%
DB:SU4
-0.7%
DE Insurance
-1%
DE Market
1 Year Returns
-
DB:SU4
20.9%
DE Insurance
-6.2%
DE Market
SU4 Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Suncorp Group (SU4) | -1.2% | 0.8% | -3.6% | - | - | - |
| DE Insurance | -0.7% | 3.8% | 3.4% | 20.9% | 60.9% | 63.3% |
| DE Market | -1% | 2.1% | -1.8% | -6.2% | 10.4% | 12.6% |
1 Year Return vs Industry and Market
- No trading data on SU4.
- No trading data on SU4.
SU4 Value
Is Suncorp Group 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
Suncorp Group
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 Suncorp Group.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | Excess Returns Model | |
| Stable EPS |
Weighted future Return on Equity estimates from 9 analysts.
= Stable Book Value * Return on Equity = A$10.00 * 9.2% |
A$0.92 |
| Book Value of Equity per Share | Weighted future Book Value estimates from 6 analysts. | A$10.00 |
| Discount Rate (Cost of Equity) | See below | 7.7% |
| Perpetual Growth Rate | 10-Year DE Government Bond Rate | 0.2% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year DE Govt Bond Rate | 0.2% |
| Equity Risk Premium | S&P Global | 6% |
| Insurance Unlevered Beta | Simply Wall St/ S&P Global | 0.69 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.685 (1 + (1- 30%) (145.65%)) |
1.257 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
1.26 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.257 * 5.96%) |
7.72% |
Discounted Cash Flow Calculation for DB:SU4 using Excess Returns Model Model
The calculations below outline how an intrinsic value for Suncorp Group is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.
In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.
The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.
Note the calculations below are per share.
See our documentation to learn about this calculation.
| Calculation | Result | |
|---|---|---|
| Excess Returns |
= (Stable Return on equity – Cost of equity) (Book Value of
Equity per share)
= (9.2% – 7.72%) * A$10.00) |
A$0.14 |
| Terminal Value of Excess Returns |
= Excess Returns / (Cost of Equity -
Expected Growth Rate)
= A$0.14 / (7.72% - 0.23%) |
A$1.92 |
| Value of Equity |
= Book Value per share + Terminal Value of
Excess Returns
= A$10.00 + A$1.92 |
A$11.92 |
| Calculation | Result | |
|---|---|---|
| Non-primary Listing Adjustment Factor |
1 share in DB:SU4
represents 0.6117x
of
ASX:SUN
(This could be a different class, a depositary receipt, a different currency, or all of these things.) |
0.6117x |
| Value per Share (Listing Adjusted, EUR) |
= Value per Share (AUD) x Listing Adjustment Factor
= A$ 11.92 x 0.6117 |
€7.29 |
| Value per share (EUR) | From above. | €7.29 |
| Current discount | Discount to share price of
€8.05
= -1 x (€8.05 - €7.29) / €7.29 |
-10.4% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
- The current share price of Suncorp Group 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 Suncorp Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Suncorp Group's earnings available for a low price, and how does
this compare to other companies in the same industry?
Raw Data
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-12-31) in AUD | A$0.80 |
| ASX:SUN Share Price ** | ASX (2019-07-16) in AUD | A$13.16 |
| Germany Insurance Industry PE Ratio | Median Figure of 6 Publicly-Listed Insurance Companies | 13.48x |
| Germany Market PE Ratio | Median Figure of 419 Publicly-Listed Companies | 19.92x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Suncorp Group.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = ASX:SUN Share Price ÷ EPS (both in AUD) = 13.16 ÷ 0.80 |
16.36x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Suncorp Group is overvalued based on earnings compared to the DE Insurance industry average.
- Suncorp Group is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does
Suncorp Group's expected growth come at a high price?
Raw Data
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 16.36x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 11 Analysts |
34.4%per year |
| Germany Insurance Industry PEG Ratio | Median Figure of 5 Publicly-Listed Insurance Companies | 3.11x |
| Germany Market PEG Ratio | Median Figure of 270 Publicly-Listed Companies | 1.48x |
*Line of best fit is calculated by linear regression .
| Calculation | Outcome | |
|---|---|---|
| PEG Ratio | = PE Ratio ÷ Net Income Annual Growth Rate = 16.36x ÷ 34.4% |
0.48x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Suncorp Group is good value based on expected growth next year.
Price based on value of assets
What value do investors place on
Suncorp Group's
assets?
Raw Data
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-12-31) in AUD | A$10.52 |
| ASX:SUN Share Price * | ASX (2019-07-16) in AUD | A$13.16 |
| Germany Insurance Industry PB Ratio | Median Figure of 6 Publicly-Listed Insurance Companies | 1.08x |
| Germany Market PB Ratio | Median Figure of 565 Publicly-Listed Companies | 1.75x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = ASX:SUN Share Price ÷ Book Value per Share (both in AUD) = 13.16 ÷ 10.52 |
1.25x |
* Primary Listing of Suncorp Group.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Suncorp Group is overvalued based on assets compared to the DE Insurance industry average.
X
Value checks
We assess Suncorp Group's value by looking at:- 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. )
- Is the PE ratio less than the market average, and/ or less than the Insurance industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Insurance industry average (and greater than 0)? (1 check) Suncorp Group has a total score of 2/6, 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.
SU4 Future Performance
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!
34.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is
Suncorp Group
expected to grow at an
attractive
rate?
- Suncorp Group's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
- Suncorp Group's earnings growth is expected to exceed the Germany market average.
- Suncorp Group's revenues are expected to decrease over the next 1-3 years, this is below the Germany market average.
Annual Growth Rates Comparison
Raw Data
| Data Point | Source | Value (per year) |
|---|---|---|
| DB:SU4 Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 11 Analysts | 34.4% |
| DB:SU4 Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 11 Analysts | -7% |
| Germany Insurance Industry Earnings Growth Rate | Market Cap Weighted Average | 4.7% |
| Germany Insurance Industry Revenue Growth Rate | Market Cap Weighted Average | 5% |
| Germany Market Earnings Growth Rate | Market Cap Weighted Average | 12.1% |
| Germany Market Revenue Growth Rate | Market Cap Weighted Average | 5.2% |
*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
All numbers in AUD Millions and using
Trailing twelve months (TTM)
annual period rather than quarterly.
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (6 months ago) | See Below |
| Future Estimates | Average of up to 11 Analyst Estimates (S&P Global) | See Below |
| Date (Data in AUD Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2022-06-30 | 1,278 | |||
| 2021-06-30 | 9,279 | 1,193 | 3 | |
| 2020-06-30 | 8,949 | 1,165 | 4 | |
| 2019-06-30 | 8,659 | 210 | 4 |
| Date (Data in AUD Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-12-31 | 15,637 | 84 | 1,039 |
| 2018-09-30 | 15,545 | -898 | 1,049 |
| 2018-06-30 | 15,452 | -1,879 | 1,059 |
| 2018-03-31 | 15,419 | -2,277 | 973 |
| 2017-12-31 | 16,024 | -2,674 | 938 |
| 2017-09-30 | 16,710 | -1,240 | 1,007 |
| 2017-06-30 | 17,395 | 195 | 1,075 |
| 2017-03-31 | 16,816 | -174 | 1,060 |
| 2016-12-31 | 16,236 | -543 | 1,045 |
| 2016-09-30 | 15,782 | -1,638 | 1,042 |
| 2016-06-30 | 15,327 | -2,732 | 1,038 |
| 2016-03-31 | 15,625 | -2,130 | 1,035 |
*GAAP earnings excluding extraordinary items.
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
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (6 months ago) | See Below |
| Future Estimates | Average of up to 11 Analyst Estimates (S&P Global) | See Below |
All data from Suncorp Group Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in AUD Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2022-06-30 | ||||
| 2021-06-30 | 0.91 | 0.96 | 0.86 | 4.00 |
| 2020-06-30 | 0.90 | 1.00 | 0.85 | 6.00 |
| 2019-06-30 | 0.18 | 0.22 | 0.14 | 4.00 |
| Date (Data in AUD Millions) | EPS * |
|---|---|
| 2018-12-31 | 0.80 |
| 2018-09-30 | 0.81 |
| 2018-06-30 | 0.82 |
| 2018-03-31 | 0.76 |
| 2017-12-31 | 0.73 |
| 2017-09-30 | 0.78 |
| 2017-06-30 | 0.84 |
| 2017-03-31 | 0.83 |
| 2016-12-31 | 0.82 |
| 2016-09-30 | 0.81 |
| 2016-06-30 | 0.81 |
| 2016-03-31 | 0.81 |
*GAAP earnings excluding extraordinary items.
X
Suncorp Group has a total score of 3/6, 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.
Future performance checks
We assess Suncorp Group's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Suncorp Group has a total score of 3/6, 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.
SU4 Past Performance
How has Suncorp Group 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
Suncorp Group's growth in the last year to its industry (Insurance).
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.
- Suncorp Group's year on year earnings growth rate has been positive over the past 5 years.
- Suncorp Group's 1-year earnings growth exceeds its 5-year average (10.8% vs 7.9%)
- Suncorp Group's earnings growth has exceeded the DE Insurance industry average in the past year (10.8% vs 9.4%).
Earnings and Revenue History
Suncorp Group'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 Suncorp Group Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in AUD Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-12-31 | 15,637.00 | 1,039.00 | 133.00 | |
| 2018-09-30 | 15,544.50 | 1,049.00 | 133.00 | |
| 2018-06-30 | 15,452.00 | 1,059.00 | 133.00 | |
| 2018-03-31 | 15,418.50 | 972.50 | 121.50 | |
| 2017-12-31 | 16,024.00 | 938.00 | 110.00 | |
| 2017-09-30 | 16,709.50 | 1,006.50 | 110.00 | |
| 2017-06-30 | 17,395.00 | 1,075.00 | 110.00 | |
| 2017-03-31 | 16,815.50 | 1,060.00 | 106.00 | |
| 2016-12-31 | 16,236.00 | 1,045.00 | 102.00 | |
| 2016-09-30 | 15,781.50 | 1,041.50 | 102.00 | |
| 2016-06-30 | 15,327.00 | 1,038.00 | 102.00 | |
| 2016-03-31 | 15,624.50 | 1,035.00 | 51.00 | |
| 2015-12-31 | 15,922.00 | 1,032.00 | ||
| 2015-09-30 | 16,322.00 | 1,082.50 | ||
| 2015-06-30 | 16,722.00 | 1,133.00 | ||
| 2015-03-31 | 16,644.50 | 973.00 | -674.00 | |
| 2014-12-31 | 16,567.00 | 813.00 | -1,348.00 | |
| 2014-09-30 | 16,462.00 | 771.50 | -674.00 | |
| 2014-06-30 | 16,357.00 | 730.00 | ||
| 2014-03-31 | 16,276.50 | 597.50 | 1,368.00 | |
| 2013-12-31 | 16,196.00 | 465.00 | 2,736.00 | |
| 2013-09-30 | 16,191.00 | 478.00 | 2,734.00 | |
| 2013-06-30 | 16,186.00 | 491.00 | 2,732.00 | |
| 2013-03-31 | 16,157.50 | 700.00 | 2,699.38 | |
| 2012-12-31 | 16,129.00 | 909.00 | 2,666.76 | |
| 2012-09-30 | 16,060.50 | 816.50 | 2,634.76 |
*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.
- Suncorp Group has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- Suncorp Group used its assets more efficiently than the DE Insurance industry average last year based on Return on Assets.
- Suncorp Group has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Suncorp Group 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.
Past performance checks
We assess Suncorp Group's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Insurance industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Suncorp Group 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.
SU4 Health
How is Suncorp Group'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 Suncorp Group's finances.
The net worth of a company is the difference between its assets and liabilities.
- Suncorp Group's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
- Suncorp Group's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of
Suncorp Group'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 not covered by short term assets, assets are 0.6x 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 Suncorp Group Company Filings, last reported 6 months ago.
| Date (Data in AUD Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-12-31 | 13,624.00 | 24,786.00 | 3,433.00 |
| 2018-09-30 | 13,624.00 | 24,786.00 | 3,433.00 |
| 2018-06-30 | 13,973.00 | 25,016.00 | 3,358.00 |
| 2018-03-31 | 13,973.00 | 25,016.00 | 3,358.00 |
| 2017-12-31 | 13,739.00 | 24,416.00 | 3,125.00 |
| 2017-09-30 | 13,739.00 | 24,416.00 | 3,125.00 |
| 2017-06-30 | 13,790.00 | 23,882.00 | 3,888.00 |
| 2017-03-31 | 13,790.00 | 23,882.00 | 3,888.00 |
| 2016-12-31 | 13,652.00 | 25,056.00 | 3,940.00 |
| 2016-09-30 | 13,652.00 | 25,056.00 | 3,940.00 |
| 2016-06-30 | 13,570.00 | 24,699.00 | 3,986.00 |
| 2016-03-31 | 13,570.00 | 24,699.00 | 3,986.00 |
| 2015-12-31 | 13,446.00 | 17,321.00 | 2,786.00 |
| 2015-09-30 | 13,446.00 | 17,321.00 | 2,786.00 |
| 2015-06-30 | 13,518.00 | 24,913.00 | 3,413.00 |
| 2015-03-31 | 13,518.00 | 24,913.00 | 3,413.00 |
| 2014-12-31 | 13,575.00 | 16,684.00 | 3,744.00 |
| 2014-09-30 | 13,575.00 | 16,684.00 | 3,744.00 |
| 2014-06-30 | 13,799.00 | 24,186.00 | 3,417.00 |
| 2014-03-31 | 13,799.00 | 24,186.00 | 3,417.00 |
| 2013-12-31 | 13,992.00 | 16,750.00 | 3,983.00 |
| 2013-09-30 | 13,992.00 | 16,750.00 | 3,983.00 |
| 2013-06-30 | 13,983.00 | 26,664.00 | 25,601.00 |
| 2013-03-31 | 13,983.00 | 26,664.00 | 25,601.00 |
| 2012-12-31 | 14,289.00 | 14,832.00 | 4,672.00 |
| 2012-09-30 | 14,289.00 | 14,832.00 | 4,672.00 |
- Suncorp Group's level of debt (181.9%) compared to net worth is high (greater than 40%).
- The level of debt compared to net worth has increased over the past 5 years (120.3% vs 181.9% today).
- Debt is not well covered by operating cash flow (0.3%, less than 20% of total debt).
- Interest payments on debt are not well covered by earnings (EBIT is 2x annual interest expense, ideally 3x coverage).
X
Full details on the Health part of the Simply Wall St company analysis model.
Financial health checks
We assess Suncorp Group's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Suncorp Group has a total score of 0/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- 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.
SU4 Dividends
What is Suncorp Group'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
5.02%
Current annual income from
Suncorp Group
dividends.
Estimated to be
5.56%
next year.
If you bought
€2,000 of
Suncorp Group
shares you are expected to receive
€100
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?
- Suncorp Group's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.46%).
- Suncorp Group's dividend is above the markets top 25% of dividend payers in Germany (3.82%).
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
| 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 11 Analyst Estimates (S&P Global) | See Below |
| Germany Insurance Industry Average Dividend Yield | Market Cap Weighted Average of 6 Stocks | 4.1% |
| Germany Market Average Dividend Yield | Market Cap Weighted Average of 325 Stocks | 3.1% |
| Germany Minimum Threshold Dividend Yield | 10th Percentile | 0.8% |
| Germany Bottom 25% Dividend Yield | 25th Percentile | 1.5% |
| Germany Top 25% Dividend Yield | 75th Percentile | 3.8% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in A$) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2022-06-30 | 0.79 | 1.00 |
| 2021-06-30 | 0.74 | 10.00 |
| 2020-06-30 | 0.72 | 12.00 |
| 2019-06-30 | 0.74 | 12.00 |
| Date (Data in A$) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2019-02-13 | 0.660 | 4.907 |
| 2018-08-08 | 0.730 | 5.307 |
| 2018-02-14 | 0.730 | 5.213 |
| 2017-08-02 | 0.730 | 5.402 |
| 2017-02-08 | 0.710 | 5.107 |
| 2016-08-03 | 0.680 | 5.325 |
| 2016-02-10 | 0.720 | 5.893 |
| 2015-08-03 | 0.880 | 7.024 |
| 2015-02-10 | 1.080 | 7.924 |
| 2014-08-12 | 1.100 | 7.683 |
| 2014-02-18 | 0.900 | 6.838 |
| 2013-08-20 | 0.800 | 6.221 |
| 2013-02-19 | 0.500 | 4.131 |
| 2012-08-21 | 0.400 | 4.081 |
| 2012-02-22 | 0.400 | 4.905 |
| 2011-08-24 | 0.350 | 4.245 |
| 2011-02-23 | 0.350 | 4.388 |
| 2010-08-25 | 0.350 | 3.967 |
| 2010-02-23 | 0.300 | 3.572 |
| 2009-08-25 | 0.400 | 4.612 |
| 2009-02-24 | 0.750 | 11.963 |
| 2008-08-26 | 1.070 | 13.237 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
- Dividends per share have fallen over the past 10 years.
Current Payout to shareholders
What portion of
Suncorp Group's earnings are
paid
to the shareholders as a dividend.
- Dividends paid are covered by earnings (1.2x coverage).
- Dividends after 3 years are expected to be covered by earnings (1.3x coverage).
X
Full details on the Dividends part of the Simply Wall St company analysis model.
Income/ dividend checks
We assess Suncorp Group's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Suncorp Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Suncorp Group has a total score of 4/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
SU4 Management
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
Steve
Johnston
| COMPENSATION | A$2,385,000 |
| TENURE AS CEO | 0.2 years |
CEO Bio
Mr. Steve Johnston, B.Bus (Management), B.Bus (Public Administration), is Acting Chief Executive Officer of Suncorp Group Ltd. since May 27, 2019. He was Group Chief Financial Officer of Suncorp-Metway Limited since December 09, 2013 until May 27, 2019. He was assumed responsibility for Legal and Company Secretariat at Suncorp-Metway Limited on October 13, 2017. He joined Suncorp in 2006 and has held various executive positions most recently Group CFO with responsibility for financial reporting and management, Legal and Company Secretariat, taxation, investor relations, corporate affairs and sustainability. previous roles include Deputy CFO, EGM Investor Relations and Corporate Affairs and he has played a key role in the strategic and financial management of the Group. Prior to joining Suncorp, Steve was General Manager Corporate & Government Relations at Telstra as it embarked on its digital transformation. He also held senior positions in the Queensland Government. He holds B.Bus in Management and Public Administration.
CEO Compensation
- Steve's compensation has been consistent with company performance over the past year, both up more than 20%.
- Steve's remuneration is lower than average for companies of similar size in Germany.
Management Team Tenure
Average tenure of the Suncorp Group management team in years:
2.8
Average Tenure
- The tenure for the Suncorp Group management team is about average.
Management Team
Steve Johnston
TITLE
Acting Chief Executive Officer
COMPENSATION
A$2M
TENURE
0.2 yrs
Michael Cameron
TITLE
COMPENSATION
A$5M
AGE
59
TENURE
3.8 yrs
Sarah Harland
TITLE
Chief Information Officer
COMPENSATION
A$2M
TENURE
2.8 yrs
Amanda Revis
TITLE
Chief People Experience Officer
COMPENSATION
A$2M
TENURE
3.3 yrs
Gary Dransfield
TITLE
Chief Executive Officer of Insurance
COMPENSATION
A$2M
TENURE
1.8 yrs
Paul Smeaton
TITLE
Chief Executive Officer of New Zealand
COMPENSATION
A$2M
TENURE
3.8 yrs
Fiona Thompson
TITLE
Chief Risk Officer
COMPENSATION
A$1M
TENURE
2.8 yrs
David Carter
TITLE
Chief Executive Officer of Banking & Wealth
COMPENSATION
A$2M
TENURE
2.8 yrs
Pip Marlow
TITLE
Chief Executive Officer of Customer Marketplace
COMPENSATION
A$2M
TENURE
1.8 yrs
Lisa Harrison
TITLE
Chief Program Excellence Officer
COMPENSATION
A$1M
TENURE
2 yrs
Board of Directors Tenure
Average tenure and age of the Suncorp Group board of directors in years:
1.9
Average Tenure
56
Average Age
- The average tenure for the Suncorp Group board of directors is less than 3 years, this suggests a new board.
Board of Directors
Christine McLoughlin
TITLE
Chairman
COMPENSATION
A$329K
AGE
56
TENURE
0.8 yrs
Doug McTaggart
TITLE
Non-Executive Director
COMPENSATION
A$334K
AGE
66
TENURE
7.3 yrs
Sally Herman
TITLE
Non-Executive Director
COMPENSATION
A$344K
AGE
61
TENURE
3.8 yrs
Simon. C. Machell
TITLE
Non-Executive Director
COMPENSATION
A$266K
AGE
55
TENURE
2.3 yrs
Audette Exel
TITLE
Non-Executive Director
COMPENSATION
A$274K
AGE
56
TENURE
7.1 yrs
Lindsay Tanner
TITLE
Non-Executive Director
COMPENSATION
A$131K
TENURE
1.5 yrs
Sylvia Falzon
TITLE
Non-Executive Director
AGE
54
TENURE
0.8 yrs
Ian Hammond
TITLE
Non Executive Director
AGE
61
TENURE
0.8 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price (€) | Value (€) | |
|---|---|---|---|---|---|---|---|---|---|---|
| 09. Apr 19 | Sell | FIL Limited | Company | 05. Apr 19 | 05. Apr 19 | -21,106,671 | €8.59 | €-181,210,812 | ||
| 09. Apr 19 | Buy | FIL Limited | Company | 01. Apr 19 | 03. Apr 19 | 863,566 | €8.81 | €7,497,807 | ||
| 02. Apr 19 | Sell | FIL Limited | Company | 11. Mar 16 | 01. Mar 19 | -15,885,354 | €9.54 | €-151,606,575 | ||
| 02. Apr 19 | Buy | FIL Limited | Company | 12. Feb 16 | 29. Mar 19 | 31,747,719 | €9.98 | €316,689,913 | ||
| 06. Mar 19 | Buy | Lindsay Tanner | Individual | 04. Mar 19 | 04. Mar 19 | 2,175 | €8.63 | €18,767 | ||
| 21. Feb 19 | Buy | Sally Herman | Individual | 18. Feb 19 | 18. Feb 19 | 6,000 | €8.32 | €49,903 | ||
| 04. Dec 18 | Buy | Sylvia Falzon | Individual | 30. Nov 18 | 30. Nov 18 | 5,000 | €8.60 | €42,992 | ||
| 08. Nov 18 | Buy | Simon. C. Machell | Individual | 02. Nov 18 | 02. Nov 18 | 5,000 | €8.73 | €43,632 | ||
| 30. Oct 18 | Buy | Ian Hammond | Individual | 25. Oct 18 | 26. Oct 18 | 15,000 | €8.71 | €130,509 | ||
| 16. Oct 18 | Sell | PI Investment Management Limited | Company | 12. Jul 18 | 21. Aug 18 | -8,178,824 | €9.42 | €-77,037,859 | ||
| 16. Oct 18 | Buy | PI Investment Management Limited | Company | 10. Aug 18 | 12. Oct 18 | 12,281,739 | €9.03 | €110,936,200 | ||
| 26. Sep 18 | Buy | Lindsay Tanner | Individual | 21. Sep 18 | 21. Sep 18 | 1,725 | €8.95 | €15,446 | ||
| 25. Sep 18 | Buy | Christine McLoughlin | Individual | 25. Sep 18 | 25. Sep 18 | 24,000 | €8.93 | €214,424 | ||
X
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.
Management checks
We assess Suncorp Group's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Suncorp Group 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.
SU4 Company Info
Description
Suncorp Group Limited provides insurance, banking, and wealth products and services to retail, corporate, and commercial sectors in Australia and New Zealand. It operates through Insurance, Banking & Wealth, and Suncorp New Zealand segments. The company offers home and contents, motor, marine, travel, commercial property, industrial special risk, public liability and professional indemnity, workers’ compensation, compulsory third party, loan protection, equity and cash benefit, life, trauma, total and permanent disablement, and income protection insurance products. It also provides agribusiness, property, and equipment finance; home, personal, and small business loans; savings and transaction accounts; foreign exchange, and treasury products and services; and superannuation, funds administration, and financial planning services. The company was formerly known as Suncorp-Metway Limited and changed its name to Suncorp Group Limited in December 2010. Suncorp Group Limited was founded in 1902 and is based in Brisbane, Australia.
Details
| Name: | Suncorp Group Limited |
| SU4 | |
| Exchange: | DB |
| Founded: | 1902 |
| A$10,658,610,435 | |
| 1,293,100,000 | |
| Website: | http://www.suncorpgroup.com.au |
| Address: |
Suncorp Group Limited Brisbane Square, Level 28, Brisbane, Queensland, 4000, Australia |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| ASX | SUN | Ordinary Shares | Australian Securities Exchange | AU | AUD | 02. Jan 1992 | |
| OTCPK | SNMY.F | Ordinary Shares | Pink Sheets LLC | US | USD | 02. Jan 1992 | |
| DB | SU4 | Ordinary Shares | Deutsche Boerse AG | DE | EUR | 02. Jan 1992 | |
| CHIA | SUN | Ordinary Shares | Chi-X Australia | AU | AUD | 02. Jan 1992 | |
| OTCPK | SNMC.Y | SPONSORED ADR | Pink Sheets LLC | US | USD | 31. Oct 2013 | |
| ASX | SUNPE | CNV PRF SHS (CPS3) | Australian Securities Exchange | AU | AUD | 09. May 2014 | |
| ASX | SUNPF | FRN CNV SUB PERP AUD100 'REGS' | Australian Securities Exchange | AU | AUD | 10. May 2017 |
Number of employees
Current staff
0
Suncorp Group
employees.
Industry
| Property and Casualty Insurance | |
| Insurance |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/07/16 21:02 |
| End of day share price update: | 2019/07/16 00:00 |
| Last estimates confirmation: | 2019/07/15 |
| Last earnings filing: | 2019/02/13 |
| 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.
