OTCPK:SKLT.F

Stock Analysis Report

Executive Summary

SEEK Limited, together with its subsidiaries, provides online employment marketplace services in Australia and internationally.

Snowflake

Fundamentals

Reasonable growth potential average dividend payer.


Similar Companies

Share Price & News

How has SEEK's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

OTCPK:SKLT.F

1.2%

US Professional Services

0.2%

US Market


1 Year Return

n/a

OTCPK:SKLT.F

8.5%

US Professional Services

-0.7%

US Market

No trading data on SKLT.F.

No trading data on SKLT.F.


Share holder returns

SKLT.FIndustryMarket
7 Day0%1.2%0.2%
30 Day0%0.9%-2.7%
90 Day0%9.7%1.6%
1 Yearn/a9.4%8.5%1.6%-0.7%
3 Yearn/a50.3%45.3%40.0%30.9%
5 Yearn/a73.4%64.1%53.8%36.8%

Price Volatility Vs. Market

How volatile is SEEK's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is SEEK undervalued based on future cash flows and its price relative to the stock market?

157.66x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

SEEK's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

SEEK's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

SEEK is overvalued based on earnings compared to the US Professional Services industry average.

SEEK is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

SEEK is poor value based on expected growth next year.


Price Based on Value of Assets

SEEK is overvalued based on assets compared to the US Professional Services industry average.


Next Steps

Future Growth

How is SEEK expected to perform in the next 1 to 3 years based on estimates from 10 analysts?

25.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

SEEK's revenue is expected to grow by 14% yearly, however this is not considered high growth (20% yearly).

SEEK's earnings are expected to grow significantly at over 20% yearly.

SEEK's revenue growth is expected to exceed the United States of America market average.

SEEK's earnings growth is expected to exceed the United States of America market average.

SEEK's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

SEEK is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has SEEK performed over the past 5 years?

-10.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

SEEK's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.

SEEK's 1-year earnings growth is negative, it can't be compared to the 5-year average.

SEEK's 1-year earnings growth is negative, it can't be compared to the US Professional Services industry average.


Return on Equity

SEEK has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

SEEK used its assets less efficiently than the US Professional Services industry average last year based on Return on Assets.


Return on Capital Employed

SEEK's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is SEEK's financial position?


Financial Position Analysis

SEEK's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

SEEK's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

SEEK's level of debt (87.6%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (38.6% vs 87.6% today).

Debt is well covered by operating cash flow (27.1%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 7.6x coverage).


Balance Sheet

Low level of unsold assets.

Debt is not covered by short term assets, assets are 0.4x debt.


Next Steps

Dividend

What is SEEK's current dividend yield, its reliability and sustainability?

2.38%

Expected Dividend Yield


Dividend Yield and Payments Analysis

SEEK's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.44%).

SEEK's dividend is below the markets top 25% of dividend payers in United States of America (3.73%).

Dividends per share have been stable in the past 10 years.

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are not well covered by earnings (0.3x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be covered by earnings (1.5x coverage).


Next Steps

Management

What is the CEO of SEEK's salary, the management and board of directors tenure and is there insider trading?

2.3yrs

Average management tenure


CEO

Andrew Bassat (52yo)

8.3yrs

Tenure

AU$5,100,550

Compensation

Mr. Andrew R. Bassat co-founded Seek Limited in 1997 and has been its Chief Executive Officer since February 2011. Mr. Bassat also serves as Managing Director of Seek Limited. He served as a Joint Chief Ex ...


CEO Compensation Analysis

Andrew's remuneration is lower than average for companies of similar size in United States of America.

Andrew's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

2.3yrs

Average Tenure

The tenure for the SEEK management team is about average.


Board Age and Tenure

2.3yrs

Average Tenure

58yo

Average Age

The average tenure for the SEEK board of directors is less than 3 years, this suggests a new board.


Insider Trading

More shares have been bought than sold by SEEK individual insiders in the past 3 months, but not in substantial volumes.


Recent Insider Transactions

SellAU$17,124,69015 Jul 19
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Max PriceAU$14.70
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Max PriceAU$13.86
BuyAU$14,491,88515 Jul 19
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Max PriceAU$13.65
SellAU$63,44415 Jul 19
ASB Group Investments Ltd.
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Max PriceAU$14.46
BuyAU$130,60615 Jul 19
ASB Group Investments Ltd.
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Shares9,953
Max PriceAU$13.12
BuyAU$28,61229 May 19
Julie Fahey
EntityIndividual
Role
Member of the Board of Directors
Independent Non-Executive Director
Shares2,000
Max PriceAU$14.31
BuyAU$009 Apr 19
FIL Limited
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Shares7,335,866
Max PriceAU$16.15
SellAU$009 Apr 19
FIL Limited
EntityCompany
Shares7,772,360
Max PriceAU$15.62
BuyAU$2,050,50815 Mar 19
Realindex Investments Pty Limited
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Shares164,884
Max PriceAU$12.44
BuyAU$33,350,23715 Mar 19
Colonial First State Asset Management (Australia) Limited
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Shares2,716,831
Max PriceAU$12.81
BuyAU$219,10315 Mar 19
ASB Group Investments Ltd.
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Shares18,485
Max PriceAU$11.85
SellAU$68,914,72004 Mar 19
Hyperion Asset Management Limited
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Shares5,455,914
Max PriceAU$12.66
SellAU$66,537,56704 Mar 19
First State Super
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Max PriceAU$12.66
SellAU$81,600,33314 Feb 19
Hyperion Asset Management Limited
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Shares6,205,374
Max PriceAU$13.15
BuyAU$52,591,39014 Feb 19
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Shares3,771,521
Max PriceAU$13.94
BuyAU$41,05230 Jan 19
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Shares1,371,743
Max PriceAU$14.77
BuyAU$18,222,26617 Dec 18
The Vanguard Group, Inc.
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Shares1,126,786
Max PriceAU$16.27
SellAU$3,069,69617 Dec 18
The Vanguard Group, Inc.
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Shares191,638
Max PriceAU$16.04
SellAU$76,131,27211 Nov 18
Baillie Gifford & Co.
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Shares10,491,539
Max PriceAU$7.33
BuyAU$31,008,35511 Nov 18
Baillie Gifford & Co.
EntityCompany
Shares4,224,652
Max PriceAU$7.48
BuyAU$58,15008 Oct 18
Michael Wachtel
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares4,000
Max PriceAU$14.54

Ownership Breakdown


Management Team

  • Geoff Roberts

    Group Chief Financial Officer

    • Tenure: 3.7yrs
    • Compensation: AU$2.34m
  • Andrew Bassat (52yo)

    Co-Founder

    • Tenure: 8.3yrs
    • Compensation: AU$5.10m
  • Ian Narev (51yo)

    Group COO and Asia Pacific & Americas CEO

    • Tenure: 0.2yrs
  • Mike Ilczynski

    Chief Executive Officer of AP&A

    • Tenure: 1.3yrs
    • Compensation: AU$3.39m
  • Kathleen McCudden

    Group Human Resources Director

    • Tenure: 3.1yrs
  • Isar Mazer

    Chief Operating Officer of Investments

    • Tenure: 4.3yrs
    • Compensation: AU$1.61m
  • Ronnie Fink

    Managing Director of Corporate Development

    • Tenure: 4.3yrs
  • Simon Lusted

    Managing Director of Strategy & Platforms - AP&A

    • Tenure: 1.4yrs
  • Kendra Banks

    Managing Director of ANZ

    • Tenure: 1.4yrs
  • Tennealle O’Shannessy

    Managing Director of Americas - AP &A

    • Tenure: 1.4yrs

Board Members

  • Jason Lenga (44yo)

    Special Advisor of Seek International & Director of Zhaopin Ltd

    • Tenure: 0.0yrs
  • Andrew Bassat (52yo)

    Co-Founder

    • Tenure: 8.3yrs
    • Compensation: AU$5.10m
  • Leigh Jasper

    Non-Executive Director

    • Tenure: 0.2yrs
  • Denise Bradley (76yo)

    Independent Non-Executive Director

    • Tenure: 9.3yrs
    • Compensation: AU$165.00k
  • Vanessa Wallace (55yo)

    Independent Non-Executive Director

    • Tenure: 2.3yrs
    • Compensation: AU$179.02k
  • Graham Goldsmith (58yo)

    Chairman

    • Tenure: 0.5yrs
    • Compensation: AU$224.50k
  • Julie Fahey (61yo)

    Independent Non-Executive Director

    • Tenure: 4.9yrs
    • Compensation: AU$169.00k
  • Michael Wachtel (63yo)

    Non-Executive Director

    • Tenure: 0.8yrs

Company Information

SEEK Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: SEEK Limited
  • Ticker: SKLT.F
  • Exchange: OTCPK
  • Founded: 1997
  • Industry: Human Resource and Employment Services
  • Sector: Commercial Services
  • Market Cap: AU$7.598b
  • Listing Market Cap: AU$5.259b
  • Shares outstanding: 351.60m
  • Website: https://www.seek.com.au

Number of Employees


Location

  • SEEK Limited
  • 541 St Kilda Road
  • Level 6
  • Melbourne
  • Victoria
  • 3004
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SEKASX (Australian Securities Exchange)YesOrdinary SharesAUAUDApr 2005
SLDDB (Deutsche Boerse AG)YesOrdinary SharesDEEURApr 2005
SKLT.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDApr 2005
SEKCHIA (Chi-X Australia)YesOrdinary SharesAUAUDApr 2005
SKLT.YOTCPK (Pink Sheets LLC)UNSPONSORD ADRUSUSDApr 2010

Biography

SEEK Limited, together with its subsidiaries, provides online employment marketplace services in Australia and internationally. It operates through SEEK Asia Pacific & Americas, and SEEK Investments segmen ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/06/24 00:10
End of Day Share Price2019/03/26 00:00
Earnings2018/12/31
Annual Earnings2018/06/30


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.