SRG GLOBAL LIMITED (SRG)
Share Price Analysis and Chart

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SRG

SRG - SRG GLOBAL LIMITED

FNArena Sector : Mining Sector Contracting
Year End: June
GICS Industry Group : Capital Goods
Debt/EBITDA: 1.05
Index: ASX200 | ASX300 | ALL-ORDS

SRG Global is an engineering-led services company providing construction, maintenance, asset-management and mining services across Australia and New Zealand.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$3.87

24 Aug
2026

-0.030

OPEN

$3.95

-0.77%

HIGH

$3.96

1,544,778

LOW

$3.85

TARGET
$4.267 10.2% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
ALQ . ANG . ARI . C79 . CDA . DNL . DOW . EHL . GNG . IMD . IPG . LBL . LYL . MAD . MAH . MIN . MLG . MND . MSV . MYE . NWH . ORI . PRN . RAN . RCR . SGH . SXE . TEA . VBC . XRF .
FNARENA'S MARKET CONSENSUS FORECASTS
SRG: 1
Title FY25
Actual		 FY26
Actual		 FY27
Forecast		 FY28
Forecast
EPS (cps) xxx 11.6 14.5 xxx
DPS (cps) xxx 7.0 8.3 xxx
EPS Growth xxx 44.3% 24.6% xxx
DPS Growth xxx 27.3% 17.9% xxx
PE Ratio xxx N/A 26.4 xxx
Dividend Yield xxx N/A 2.2% xxx
Div Pay Ratio(%) xxx 60.3% 57.1% xxx

Dividend yield today if purchased 3 years ago: 10.22%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 1.83

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: 12/03 - ex-div 3.00c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2026 FactSet UK Limited. All rights reserved
Title 202120222023202420252026
EPS Basic xxxxxxxxxxxxxxx11.6
DPS All xxxxxxxxxxxxxxx7.0
Sales/Revenue xxxxxxxxxxxxxxx1,675.5 M
Book Value Per Share xxxxxxxxxxxxxxx74.8
Net Operating Cash Flow xxxxxxxxxxxxxxx126.1 M
Net Profit Margin xxxxxxxxxxxxxxx4.29 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202120222023202420252026
Return on Capital Employed xxxxxxxxxxxxxxx16.71 %
Return on Invested Capital xxxxxxxxxxxxxxx13.47 %
Return on Assets xxxxxxxxxxxxxxx7.20 %
Return on Equity xxxxxxxxxxxxxxx16.71 %
Return on Total Capital xxxxxxxxxxxxxxx19.18 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx48.5 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 202120222023202420252026
Short-Term Debt xxxxxxxxxxxxxxx53 M
Long Term Debt xxxxxxxxxxxxxxx119 M
Total Debt xxxxxxxxxxxxxxx171 M
Goodwill - Gross xxxxxxxxxxxxxxx353 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx145 M
Price To Book Value xxxxxxxxxxxxxxx5.32

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202120222023202420252026
Capex xxxxxxxxxxxxxxx43.4 M
Capex % of Sales xxxxxxxxxxxxxxx2.59 %
Cost of Goods Sold xxxxxxxxxxxxxxx1,512 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx52 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

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

Morgans

xx/xx/xxxx

2

xxxxxxxxxx

$xx.xx

xx.xx%

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Bell Potter

19/08/2026

1

Buy

$4.50

16.28%

Bell Potter maintains a Buy rating for SRG Global with its target price increased to $4.50 from $4.25 following an FY26 result featuring underlying Group EBITDA of $170m, up 34% year-on-year.

The analyst highlights that the robust performance is underpinned by contributions from the TAMS business and accelerated organic growth in Maintenance & Industrial Services.

The broker's estimates adjust FY27 to FY29 revenue and earnings forecasts upward by 2%-8% to reflect higher revenue expectations across segments and an upgraded FY27 EBITDA guidance range of $195m to $205m.

Commentary highlights a strong balance sheet with net debt of $26.5m and robust operating cash flow supported by high cash conversion.

The valuation reflects a premium justified by management's strong track record and a high proportion of recurring earnings streams.

FORECAST
Bell Potter forecasts a full year FY27 dividend of 8.50 cents and EPS of 13.90 cents.
Bell Potter forecasts a full year FY28 dividend of 9.50 cents and EPS of 15.50 cents.

Ord Minnett

xx/xx/xxxx

3

xxxxxxxxx xx xxxx xxxx xxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
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Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

2

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

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
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Shaw and Partners

20/08/2026

1

Buy

$4.60

18.86%

Shaw and Partners maintains a Buy rating for SRG Global with its target price increased to $4.60 from $4.00 following an FY26 result featuring revenue growth of 27% to $1.68bn and EBITDA increasing 34% to $170.1m.

The analyst highlights that the company generated exceptional cash conversion of 101% and successfully returned to a net cash position of $6.2m following the TAMS acquisition.

The broker's estimates adjust FY27 to FY29 EBITDA forecasts by -0.2% to -5.2% while lifting the terminal growth rate assumption from 3.0% to 3.5% due to the scale of the opportunity pipeline.

Management upgraded FY27 EBITDA guidance to a range of $195m to $205m, underpinned by a record $5.1bn work-in-hand book and strong momentum across Maintenance & Industrial Services.

FORECAST
Shaw and Partners forecasts a full year FY27 dividend of 8.00 cents and EPS of 16.00 cents.
Shaw and Partners forecasts a full year FY28 dividend of 8.60 cents and EPS of 17.20 cents.
Access Extra Coverage Research History >

SRG STOCK CHART

FNArena News on SRG

1
Australian Broker Call *Extra* Edition – Aug 20, 2026

Aug 20 2026 - Daily Market Reports
2
FNArena Corporate Results Monitor – 19-08-2026

Aug 19 2026 - Australia
3
Weekly Ratings, Targets, Forecast Changes – 19-06-26

Jun 22 2026 - Weekly Reports
4
Rudi’s View: Market Momentum & Investor Dilemmas

Jun 10 2026 - Rudi's View
5
Australian Broker Call *Extra* Edition – Jun 05, 2026

Jun 05 2026 - Daily Market Reports

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