How does SRGG.F's PE Ratio compare to its peers?

SRGG.F is good value based on its Price-To-Earnings Ratio (18.4x) compared to the peer average (19.8x).

How does SRGG.F's PE Ratio compare vs other companies in the US Construction Industry?

SRGG.F is good value based on its Price-To-Earnings Ratio (18.4x) compared to the US Construction industry average (26.3x).

What is SRGG.F'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.

Insufficient data to calculate SRGG.F's Price-To-Earnings Fair Ratio for valuation analysis.

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

SRGG.F ($0.56) is trading below our estimate of [[fair value]] ($0.81)

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

Insufficient data to show price forecast.

SRGG.F Stock Overview

Provides engineering-led maintenance and industrial services, and engineering and construction services in Australia, New Zealand, and internationally. More details

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

Rewards

Trading at 31.3% below our estimate of its fair value

Earnings are forecast to grow 14.7% per year

Earnings have grown 38.2% per year over the past 5 years

Risk Analysis

Shares are highly illiquid

Dividend of 4.47% is not well covered by free cash flows

My Notes

Capture your thoughts, links and company narrative

SRG Global Limited Competitors

Concrete Pumping Holdings

NasdaqCM:BBCP

US$353.3m

Northwest Pipe

NasdaqGS:NWPX

US$488.7m

Great Lakes Dredge & Dock

NasdaqGS:GLDD

US$788.4m

Limbach Holdings

NasdaqCM:LMB

US$1.0b

Price History & Performance

Summary of share price highs, lows and changes for SRG Global
Historical stock prices
Current Share Price	AU$0.56
52 Week High	AU$0.56
52 Week Low	AU$0.50
Beta	1.12
1 Month Change	0%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	23.16%

Recent updates

Shareholder Returns

	SRGG.F	US Construction	US Market
7D	0%	-3.7%	-2.4%
1Y	n/a	51.5%	23.4%

Return vs Industry: Insufficient data to determine how SRGG.F performed against the US Construction industry.

Return vs Market: Insufficient data to determine how SRGG.F performed against the US Market.

Price Volatility

Is SRGG.F's price volatile compared to industry and market?
SRGG.F volatility
SRGG.F Average Weekly Movement	n/a
Construction Industry Average Movement	6.7%
Market Average Movement	6.3%
10% most volatile stocks in US Market	16.8%
10% least volatile stocks in US Market	3.1%

Stable Share Price: SRGG.F has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine SRGG.F's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1961	n/a	David Macgeorge	srgglobal.com.au

SRG Global Limited provides engineering-led specialist asset maintenance, mining services, and engineering and construction services in Australia and internationally. The company operates through Asset Maintenance; Mining Services; and Engineering and Construction segments. The Asset Maintenance segment supplies integrated services to customers in various sectors, including oil and gas, energy, infrastructure, offshore, mining, power generation, water treatment plants, commissioning, decommissioning, shutdowns, and civil works.

SRG Global Limited Fundamentals Summary

How do SRG Global's earnings and revenue compare to its market cap?
SRGG.F fundamental statistics
Market cap	US$316.57m
Earnings (TTM)	US$17.23m
Revenue (TTM)	US$638.90m

18.4x

P/E Ratio

0.5x

P/S Ratio

Is SRGG.F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SRGG.F income statement (TTM)
Revenue	AU$941.67m
Cost of Revenue	AU$382.65m
Gross Profit	AU$559.03m
Other Expenses	AU$533.62m
Earnings	AU$25.40m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	0.049
Gross Margin	59.37%
Net Profit Margin	2.70%
Debt/Equity Ratio	20.9%

How did SRGG.F perform over the long term?

See historical performance and comparison

Dividends

4.5%

Current Dividend Yield

80%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/07/13 09:05
End of Day Share Price	2024/04/15 00:00
Earnings	2023/12/31
Annual Earnings	2023/06/30

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

SRG Global Limited is covered by 7 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Aryan Norozi	Barrenjoey Markets Pty Limited
Piers Flanagan	Barrenjoey Markets Pty Limited
Nicholas McGarrigle	Barrenjoey Markets Pty Limited