SEEK Limited

DB:SLD Stock Report

Market Cap: €4.9b

SEEK Valuation

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

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Discounted Cash Flow
Simply Wall St
€16.87
Fair Value
19.4% undervalued intrinsic discount
13
Number of Analysts

Below Fair Value: SLD (€13.6) is trading below our estimate of fair value (€16.87)

Significantly Below Fair Value: SLD 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 SLD?

Key metric: As SLD is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for SLD. This is calculated by dividing SLD's market cap by their current revenue.
What is SLD's PS Ratio?
PS Ratio7.5x
SalesAU$1.08b
Market CapAU$8.17b

Price to Sales Ratio vs Peers

How does SLD's PS Ratio compare to its peers?

The above table shows the PS ratio for SLD vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average4.8x
G24 Scout24
11.9x8.1%€6.8b
NWO New Work
1.3xn/a€411.4m
SB1 Smartbroker Holding
3.2x8.5%€157.7m
SPG Springer Nature KGaA
2.8x3.3%€5.2b
SLD SEEK
7.5x7.9%€8.2b

Price-To-Sales vs Peers: SLD is expensive based on its Price-To-Sales Ratio (7.5x) compared to the peer average (4.8x).

Price to Sales Ratio vs Industry

How does SLD's PS Ratio compare vs other companies in the European Interactive Media and Services Industry?

9 CompaniesPrice / SalesEstimated GrowthMarket Cap
SLD 7.5xIndustry Avg. 1.6xNo. of Companies12PS0246810+
9 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: SLD is expensive based on its Price-To-Sales Ratio (7.5x) compared to the European Interactive Media and Services industry average (1.6x).

Price to Sales Ratio vs Fair Ratio

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

SLD PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio7.5x
Fair PS Ratio3.3x

Price-To-Sales vs Fair Ratio: SLD is expensive based on its Price-To-Sales Ratio (7.5x) compared to the estimated Fair Price-To-Sales Ratio (3.3x).

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 SLD forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€13.60
€15.14
+11.3%
13.5%€17.92€11.95n/a13
Jan ’26€13.60
€15.66
+15.2%
15.7%€18.72€11.86n/a13
Dec ’25€15.90
€15.66
-1.5%
15.7%€18.72€11.86n/a13
Nov ’25€14.50
€15.04
+3.7%
15.4%€17.91€11.65n/a13
Oct ’25€15.10
€14.47
-4.2%
13.5%€17.27€11.72n/a13
Sep ’25€14.00
€14.00
+0.02%
13.4%€16.94€11.50n/a14
Aug ’25€13.40
€14.80
+10.4%
14.1%€18.71€12.07n/a14
Jul ’25€12.90
€16.35
+26.8%
11.7%€19.11€12.33n/a14
Jun ’25€13.60
€16.15
+18.7%
12.5%€18.85€11.55n/a14
May ’25€14.60
€16.15
+10.6%
12.5%€18.85€11.55n/a14
Apr ’25€14.90
€16.09
+8.0%
12.5%€18.80€11.52n/a14
Mar ’25€15.50
€16.09
+3.8%
12.5%€18.80€11.52n/a14
Feb ’25€14.90
€16.20
+8.8%
9.8%€18.07€11.60€13.6013
Jan ’25€16.30
€15.81
-3.0%
10.0%€17.48€11.45€13.6013
Dec ’24€14.20
€15.81
+11.3%
10.0%€17.48€11.45€15.9013
Nov ’24€12.30
€15.25
+24.0%
11.1%€17.42€11.22€14.5014
Oct ’24€13.40
€15.25
+13.8%
11.1%€17.42€11.22€15.1014
Sep ’24€13.70
€15.25
+11.3%
11.1%€17.42€11.22€14.0014
Aug ’24€15.10
€16.16
+7.0%
11.5%€18.81€12.56€13.4014
Jul ’24€13.20
€16.24
+23.1%
12.6%€20.32€12.67€12.9014
Jun ’24€14.30
€16.83
+17.7%
13.4%€21.44€12.80€13.6015
May ’24€14.60
€16.57
+13.5%
13.8%€20.80€12.42€14.6015
Apr ’24€14.70
€17.02
+15.8%
12.6%€21.52€13.97€14.9014
Mar ’24€15.10
€17.43
+15.4%
13.8%€22.33€13.43€15.5015
Feb ’24€15.60
€17.40
+11.5%
17.3%€22.72€12.62€14.9015
Analyst Price Target
Consensus Narrative from 13 Analysts
€15.01
Fair Value
9.4% undervalued intrinsic discount
13
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/02 06:16
End of Day Share Price 2025/01/31 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

SEEK Limited is covered by 34 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Russell WrightAPP Securities Pty Ltd.
Aryan NoroziBarrenjoey Markets Pty Limited
Eric ChoiBarrenjoey Markets Pty Limited