SUPPLY NETWORK LIMITED (SNL)
Share Price Analysis and Chart

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SNL - SUPPLY NETWORK LIMITED

FNArena Sector : Automobiles & Components
Year End: June
GICS Industry Group : Retailing
Debt/EBITDA: 1.07
Index: ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$22.85

22 Jul
2024

1.150

OPEN

$21.85

5.30%

HIGH

$22.85

19,257

LOW

$21.85

TARGET
$22.50 -1.5% downside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
AMA . AOV . APE . ARB . ASG . BAP . CAR . IFM . MTO . MXI . PWH . PWR . RPM . SFC . SUL . VMT .
FNARENA'S MARKET CONSENSUS FORECASTS
SNL: 1
Title FY22
Actual		 FY23
Actual		 FY24
Forecast		 FY25
Forecast
EPS (cps) xxx 66.5 76.2 xxx
DPS (cps) xxx 48.0 54.5 xxx
EPS Growth xxx 35.7% 14.6% xxx
DPS Growth xxx 50.0% 13.5% xxx
PE Ratio xxx N/A 30.3 xxx
Dividend Yield xxx N/A 2.4% xxx
Div Pay Ratio(%) xxx 72.2% 71.5% xxx

Dividend yield today if purchased 3 years ago: 6.27%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 2.08

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: 18/09 - ex-div 28c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx66.5
DPS All xxxxxxxxxxxxxxx48.0
Sales/Revenue xxxxxxxxxxxxxxx252.3 M
Book Value Per Share xxxxxxxxxxxxxxx187.2
Net Operating Cash Flow xxxxxxxxxxxxxxx19.0 M
Net Profit Margin xxxxxxxxxxxxxxx10.86 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx39.98 %
Return on Invested Capital xxxxxxxxxxxxxxx24.59 %
Return on Assets xxxxxxxxxxxxxxx17.81 %
Return on Equity xxxxxxxxxxxxxxx39.98 %
Return on Total Capital xxxxxxxxxxxxxxx34.67 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-1.7 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 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx7 M
Long Term Debt xxxxxxxxxxxxxxx45 M
Total Debt xxxxxxxxxxxxxxx52 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx8 M
Price To Book Value xxxxxxxxxxxxxxx8.15

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx4.3 M
Capex % of Sales xxxxxxxxxxxxxxx1.72 %
Cost of Goods Sold xxxxxxxxxxxxxxx195 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx17 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

0.5

No. Of Recommendations

1
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Ord Minnett

25/06/2024

2

Accumulate

$22.50

-1.53%

In a review of the investment thesis for Supply Network, Ord Minnett forecasts the return on capital employed (ROCE) metric will  improve to 25.7% in FY24 (well above cost of capital) from 21.8% in FY19.

A key feature has been management's ability to achieve strong revenue growth, whilst maintaining tight control of operating
expenses and capital expenditure, explains the broker.

Ord Minnett expects Supply Network will maintain its sector leading returns. The Accumulate rating and $22.50 target are maintained.

FORECAST
Ord Minnett forecasts a full year FY24 dividend of 54.50 cents and EPS of 76.20 cents.
Ord Minnett forecasts a full year FY25 dividend of 62.00 cents and EPS of 89.70 cents.
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

11/06/2024

1

Buy

$26.00

13.79%

Moelis found Supply Network's FY24 guidance slightly stronger than previously expected. Revenue is anticipated at around $300m and net profit at $32m. Revenue guidance implies 19% top-line growth, which is significantly stronger than previously guided.

The broker continues to envisage a long-run way for growth through a combination of supportive industry conditions and market share gains.

This should also be underpinned by appropriate investment in capacity to facilitate the growth in customer demand. Target rises to $26 and a Buy rating is retained.

FORECAST
Moelis forecasts a full year FY24 dividend of 51.10 cents and EPS of 76.30 cents.
Moelis forecasts a full year FY25 dividend of 59.60 cents and EPS of 86.40 cents.
Access Stockbroker Research History >

SNL STOCK CHART

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