STEADFAST GROUP LIMITED (SDF)
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SDF

SDF - STEADFAST GROUP LIMITED

FNArena Sector : Insurance
Year End: June
GICS Industry Group : Insurance
Debt/EBITDA: 3.33
Index: ASX100 | ASX200 | ASX300 | ALL-ORDS

Steadfast Group is an insurance broker and underwriting group operating in Australia, New Zealand, Europe and Asia. Founded in 1996 the company listed on the ASX in 2013.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$4.97

09 Feb
2026

0.090

OPEN

$4.92

1.84%

HIGH

$4.99

2,002,755

LOW

$4.89

TARGET
$6.148 23.7% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
AUB . CVW . FCL . GDG . HLI . IAG . MPL . NHF . NOL . QBE . SUN . TWR .
FNARENA'S MARKET CONSENSUS FORECASTS
SDF: 1
Title FY24
Actual		 FY25
Actual		 FY26
Forecast		 FY27
Forecast
EPS (cps) xxx 30.4 32.0 xxx
DPS (cps) xxx 19.5 21.2 xxx
EPS Growth xxx 43.2% 5.3% xxx
DPS Growth xxx 14.0% 8.5% xxx
PE Ratio xxx N/A 14.1 xxx
Dividend Yield xxx N/A 4.7% xxx
Div Pay Ratio(%) xxx 64.2% 66.2% xxx

Dividend yield today if purchased 3 years ago: 3.60%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 4.33

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: 03/09 - ex-div 11.70c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2026 FactSet UK Limited. All rights reserved
Title 202020212022202320242025
EPS Basic -6.516.617.918.521.230.4
DPS All 9.611.413.015.017.119.5
Sales/Revenue 823.1 M902.0 M1,129.0 M1,388.5 M1,669.9 M1,822.8 M
Book Value Per Share 130.3133.6173.0197.2211.2217.2
Net Operating Cash Flow 221.9 M250.3 M248.0 M425.2 M299.4 M499.2 M
Net Profit Margin -6.71 %15.85 %15.20 %13.63 %13.65 %18.37 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202020212022202320242025
Return on Capital Employed -5.17 %12.55 %12.07 %10.16 %10.43 %14.17 %
Return on Invested Capital -3.95 %8.49 %7.68 %6.79 %6.95 %9.00 %
Return on Assets -2.22 %4.93 %4.93 %4.27 %4.28 %5.49 %
Return on Equity -5.17 %12.55 %12.07 %10.16 %10.43 %14.17 %
Return on Total Capital 5.42 %10.21 %10.30 %9.27 %10.15 %9.58 %
Free Cash Flow ex dividends 150.4 M183.2 M136.0 M282.6 M120.6 M292.4 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 414 M48 M57 M70 M71 M137 M
Long Term Debt 348 M742 M882 M968 M1,225 M1,493 M
Total Debt 762 M790 M939 M1,037 M1,297 M1,630 M
Goodwill - Gross 974 M1,129 M1,545 M2,053 M2,426 M2,929 M
Cash & Equivalents - Generic 660 M737 M945 M1,139 M1,326 M1,602 M
Price To Book Value 2.583.292.903.042.932.77

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202020212022202320242025
Capex 23.9 M11.2 M8.5 M16.2 M11.3 M8.2 M
Capex % of Sales 2.90 %1.24 %0.75 %1.17 %0.68 %0.45 %
Cost of Goods Sold 384 M363 M463 M562 M635 M664 M
Selling, General & Admin. Exp & Other 347 M334 M419 M547 M672 M770 M
Research & Development ------
Investments - Total 12 M26 M33 M42 M49 M4 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

0.6

No. Of Recommendations

5
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Citi

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Macquarie

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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UBS

14/01/2026

1

Buy

$6.80

36.82%

UBS' latest sector update on ASX-listed insurers observes CAT reinsurance renewal commentary from major international reinsurance brokers remains in line with its forecasts.

Overall, UBS analysts expect abundant capacity and healthy ROEs to continue driving an ongoing slowdown in global commercial premium rates through 2026

The broker's sector preference remains for personal lines-skewed insurers, with Insurance Australia Group the top pick, reflecting greater earnings upside risk from RI profit commissions.

UBS has a Buy rating and $6.80 target price on Steadfast Group.

FORECAST
UBS forecasts a full year FY26 dividend of 21.60 cents and EPS of 33.20 cents.
UBS forecasts a full year FY27 dividend of 22.40 cents and EPS of 34.60 cents.

Ord Minnett

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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Morgan Stanley

xx/xx/xxxx

1

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

Jarden

18/12/2025

2

Overweight

$6.25

25.75%

Steadfast Group updated the outlook on the insurance market post the AGM downgrade for FY26 premium rate expectations.

Management continues to re-iterate FY26 net profit after tax guidance of $365-$375m despite the easing premium rate backdrop, Jarden notes, with earnings more skewed to the 2H26.

The insurance broker also highlighted -$122.7m in acquisitions year-to-date to Nov 30 with an additional -$202m to be completed by the remainder of the year. As a result gearing is lifting to 40% from 35%, the analyst notes.

Jarden believes it is premature to call an end to the bottom of the insurance cycle and continues to forecast premium rate growth of 1% for FY26 and FY27.

Target price slips to $6.25 from $6.50. No change to Overweight rating.

FORECAST
Jarden forecasts a full year FY26 dividend of 20.80 cents and EPS of 33.10 cents.
Jarden forecasts a full year FY27 dividend of 22.20 cents and EPS of 35.10 cents.
Access Extra Coverage Research History >

SDF STOCK CHART

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