PROPEL FUNERAL PARTNERS LIMITED (PFP)
Share Price Analysis and Chart

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PFP

PFP - PROPEL FUNERAL PARTNERS LIMITED

FNArena Sector : Consumer Products & Services
Year End: June
GICS Industry Group : Commercial Services & Supplies
Debt/EBITDA: 2.67
Index: ASX300 | ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$5.26

02 Apr
2025

-0.050

OPEN

$5.32

-0.94%

HIGH

$5.33

832,972

LOW

$5.26

TARGET
$6.417 22.0% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
ALD . WES .
FNARENA'S MARKET CONSENSUS FORECASTS
PFP: 1
Title FY23
Actual		 FY24
Actual		 FY25
Forecast		 FY26
Forecast
EPS (cps) xxx 14.2 17.3 xxx
DPS (cps) xxx 14.4 14.4 xxx
EPS Growth xxx - 12.2% 21.9% xxx
DPS Growth xxx 2.9% 0.2% xxx
PE Ratio xxx N/A 30.6 xxx
Dividend Yield xxx N/A 2.7% xxx
Div Pay Ratio(%) xxx 101.7% 83.6% xxx

Dividend yield today if purchased 3 years ago: 3.10%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 2.72

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 04/03 - ex-div 7.2c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2025 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx14.2
DPS All xxxxxxxxxxxxxxx14.4
Sales/Revenue xxxxxxxxxxxxxxx208.7 M
Book Value Per Share xxxxxxxxxxxxxxx255.1
Net Operating Cash Flow xxxxxxxxxxxxxxx34.4 M
Net Profit Margin xxxxxxxxxxxxxxx8.53 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx5.89 %
Return on Invested Capital xxxxxxxxxxxxxxx4.09 %
Return on Assets xxxxxxxxxxxxxxx3.06 %
Return on Equity xxxxxxxxxxxxxxx5.89 %
Return on Total Capital xxxxxxxxxxxxxxx8.67 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-10.1 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201920202021202220232024
Short-Term Debt xxxxxxxxxxxxxxx29 M
Long Term Debt xxxxxxxxxxxxxxx116 M
Total Debt xxxxxxxxxxxxxxx145 M
Goodwill - Gross xxxxxxxxxxxxxxx194 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx7 M
Price To Book Value xxxxxxxxxxxxxxx2.26

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx26.4 M
Capex % of Sales xxxxxxxxxxxxxxx12.66 %
Cost of Goods Sold xxxxxxxxxxxxxxx144 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx24 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx0 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

1.0

No. Of Recommendations

3
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Morgan Stanley

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
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Bell Potter

25/02/2025

1

Buy

$6.30

19.77%

Propel Funeral Partners' 1H earnings (EBITDA) of $29.9m at a 26% margin was a miss against forecasts by Bell Potter and consensus, impacted by softer organic volumes in the second quarter.

January showed a return to positive comparable funeral volume growth.

The analysts' profit forecasts fall by -12% to -13% across 2025-2027 due to lower growth and increased interest expenses from the company’s $275m debt facility.

The broker lowers the target price to $6.30 from $6.80. Buy maintained.

Co-Founder/Managing Director, Albin Kurti is set to retire in August, with internal succession planning ahead.

FORECAST
Bell Potter forecasts a full year FY25 dividend of 14.10 cents and EPS of 17.10 cents.
Bell Potter forecasts a full year FY26 dividend of 14.00 cents and EPS of 17.70 cents.

Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Moelis

03/03/2025

1

Upgrade to Buy from Hold

$6.10

15.97%

Moelis notes Propel Funeral Partners' 1H25 revenue and EBITDA missed its forecast but remains more positive on the outlook.

The company retains a funding capacity of $144m. The broker believes, as organic volumes continue to be positive and funding capacity is deployed, top-line growth and modest operating leverage will drive EPS growth.

The broker highlights 2H of the calendar year 2024 death registration data in NSW, VIC, QLD showed 4.8% growth y/y, boosting confidence in the company returning to 2% potential growth from 2H25.

Target price cut to $6.1 from $6.2, and rating upgraded to Buy from Hold

FORECAST
Moelis forecasts a full year FY25 dividend of 15.00 cents and EPS of 17.90 cents.
Moelis forecasts a full year FY26 dividend of 17.30 cents and EPS of 20.60 cents.
Access Extra Coverage Research History >

PFP STOCK CHART

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