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: 3.14
Index: ASX300 | ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$5.18

29 Aug
2025

-0.020

OPEN

$5.18

-0.38%

HIGH

$5.21

168,606

LOW

$5.14

TARGET
$5.75 11.0% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
ALD . MPA . WES .
FNARENA'S MARKET CONSENSUS FORECASTS
PFP: 1
Title FY24
Actual		 FY25
Actual		 FY26
Forecast		 FY27
Forecast
EPS (cps) xxx 14.8 17.1 xxx
DPS (cps) xxx 14.4 14.2 xxx
EPS Growth xxx 4.4% 15.6% xxx
DPS Growth xxx 0.0% - 1.4% xxx
PE Ratio xxx N/A 30.3 xxx
Dividend Yield xxx N/A 2.7% xxx
Div Pay Ratio(%) xxx 97.4% 83.0% xxx

Dividend yield today if purchased 3 years ago: 2.93%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 2.78

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 202020212022202320242025
EPS Basic xxxxxxxxxxxxxxx14.8
DPS All xxxxxxxxxxxxxxx14.4
Sales/Revenue xxxxxxxxxxxxxxx224.9 M
Book Value Per Share xxxxxxxxxxxxxxx257.3
Net Operating Cash Flow xxxxxxxxxxxxxxx40.0 M
Net Profit Margin xxxxxxxxxxxxxxx9.07 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202020212022202320242025
Return on Capital Employed xxxxxxxxxxxxxxx5.77 %
Return on Invested Capital xxxxxxxxxxxxxxx4.23 %
Return on Assets xxxxxxxxxxxxxxx3.19 %
Return on Equity xxxxxxxxxxxxxxx5.77 %
Return on Total Capital xxxxxxxxxxxxxxx7.61 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-5.8 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 202020212022202320242025
Short-Term Debt xxxxxxxxxxxxxxx29 M
Long Term Debt xxxxxxxxxxxxxxx143 M
Total Debt xxxxxxxxxxxxxxx172 M
Goodwill - Gross xxxxxxxxxxxxxxx204 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx9 M
Price To Book Value xxxxxxxxxxxxxxx1.76

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202020212022202320242025
Capex xxxxxxxxxxxxxxx25.7 M
Capex % of Sales xxxxxxxxxxxxxxx11.42 %
Cost of Goods Sold xxxxxxxxxxxxxxx160 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx26 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

4
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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Morgan Stanley

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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Login above or Get a Free Trial

Bell Potter

27/08/2025

1

Buy

$5.90

13.90%

Propel Funeral Partners' FY25 revenue rose 8% to $225.8m, marginally exceeding guidance and beating consensus by 1%. Operating EBITDA also beat consensus.

Bell Potter notes total funeral volumes beat its forecast by 1% and average revenue per funeral (ARPF) was a marginal miss, though higher 1.3% y/y. Non-funeral operations, up 23% y/y, also contributed to revenue growth.

No FY26 guidance was provided but the year began strong with revenue over $21.5m in July on ARPF growth of 2.7% y/y.

The broker lifted funeral volume estimate and ARPF assumption to 2.7% y/y for FY26, leading to 4.7% lift to FY26 net profit forecast and 4.3% to FY27.

Buy. Target rises to $5.90 from $5.50.

FORECAST
Bell Potter forecasts a full year FY26 dividend of 14.10 cents and EPS of 16.40 cents.
Bell Potter forecasts a full year FY27 dividend of 15.50 cents and EPS of 18.00 cents.

Ord Minnett

xx/xx/xxxx

1

xxxxxxx xx xxx xxxx xxxxxxxxxx

$xx.xx

xx.xx%

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Access Stockbroker Research History >
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

28/05/2025

1

Buy

$5.54

6.95%

Moelis notes Propel Funeral Partners has downgraded expectations for FY25, guiding to $222.5m revenue and $55m EBITDA, respectively -4% and -8% below consensus.

The culprit: softer-than-expected organic death volumes, especially in Q2. A largely fixed cost base is amplifying the impact, with margins now forecast at 24.7%, down from 25.9%.

Moelis has trimmed its earnings and dividend forecasts across FY25–27 by up to -19%, and now assumes more conservative operating leverage.

Buy rating retained with reference to the defensive nature of the deathcare sector, Propel’s high-quality assets, and ample room to grow via acquisition (the company has just 9% share in a fragmented market).

With no major acquisitions announced this half and CEO succession still in transition, commentary suggests upside will depend on execution. A number of potential deals remain in the pipeline, though timing is unclear.

Target price trimmed to $5.54 from $6.10.

FORECAST
Moelis forecasts a full year FY26 dividend of 14.00 cents and EPS of 16.80 cents.
Access Extra Coverage Research History >

PFP STOCK CHART

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