G8 EDUCATION LIMITED (GEM)
Share Price Analysis and Chart

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GEM

GEM - G8 EDUCATION LIMITED

FNArena Sector : Childcare
Year End: December
GICS Industry Group : Consumer Services
Debt/EBITDA: 3
Index: ASX300 | ALL-ORDS

G8 Education is Australia's largest provider of early childhood care and education services. It operates over 470 childcare centres across Australia. Founded in 2006, it listed on the ASX in 2007.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.70

11 Nov
2025

0.015

OPEN

$0.69

2.19%

HIGH

$0.71

5,274,500

LOW

$0.68

TARGET
$0.81 15.7% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
CQE . MFD . NDO .
FNARENA'S MARKET CONSENSUS FORECASTS
GEM: 1
Title FY23
Actual		 FY24
Actual		 FY25
Forecast		 FY26
Forecast
EPS (cps) xxx 8.4 8.6 xxx
DPS (cps) xxx 5.5 4.7 xxx
EPS Growth xxx 21.1% 2.6% xxx
DPS Growth xxx 22.2% - 15.5% xxx
PE Ratio xxx N/A 8.1 xxx
Dividend Yield xxx N/A 6.6% xxx
Div Pay Ratio(%) xxx 65.6% 54.1% xxx

Dividend yield today if purchased 3 years ago: 5.56%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 7.86

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: 06/09 - ex-div 2c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2025 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx8.4
DPS All xxxxxxxxxxxxxxx5.5
Sales/Revenue xxxxxxxxxxxxxxx1,015.3 M
Book Value Per Share xxxxxxxxxxxxxxx115.1
Net Operating Cash Flow xxxxxxxxxxxxxxx167.1 M
Net Profit Margin xxxxxxxxxxxxxxx6.67 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx7.43 %
Return on Invested Capital xxxxxxxxxxxxxxx4.19 %
Return on Assets xxxxxxxxxxxxxxx3.28 %
Return on Equity xxxxxxxxxxxxxxx7.43 %
Return on Total Capital xxxxxxxxxxxxxxx9.25 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx94.7 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 201920202021202220232024
Short-Term Debt xxxxxxxxxxxxxxx72 M
Long Term Debt xxxxxxxxxxxxxxx711 M
Total Debt xxxxxxxxxxxxxxx784 M
Goodwill - Gross xxxxxxxxxxxxxxx1,197 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx48 M
Price To Book Value xxxxxxxxxxxxxxx1.13

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx32.5 M
Capex % of Sales xxxxxxxxxxxxxxx3.20 %
Cost of Goods Sold xxxxxxxxxxxxxxx761 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx98 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx1 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

0.0

No. Of Recommendations

2
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

UBS

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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

27/08/2025

3

Neutral

$0.90

28.57%

G8 Education's first half earnings grew 2.8% year on year, in line with guidance for low-single digit growth. Occupancy trends continue to deteriorate and are unlikely to improve in 2025, Macquarie suggests, but should improve in 2026.

G8's ability to drive continued margin expansion via costs is likely becoming constrained, the report concludes.

The 2026 outlook should improve, but Macquarie remains cautious on 2025 given occupancy trends and the recent Victorian incident.

That incident will likely remain an overhang until visibility improves concerning investigation outcomes and potential impacts, commentary suggests.

Target falls to 90c from $1.15, Neutral retained.

FORECAST
Macquarie forecasts a full year FY25 dividend of 5.30 cents and EPS of 9.20 cents.
Macquarie forecasts a full year FY26 dividend of 5.80 cents and EPS of 10.40 cents.
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

Canaccord Genuity

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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Login above or Get a Free Trial

Moelis

06/11/2025

3

Hold

$0.75

7.14%

G8 Education continues to face a difficult operating environment, with affordability pressures and weak inquiries weighing on occupancy.

As of early November, spot occupancy was 68.3%, down -6.6% y/y and year-to-date occupancy was 65.7%, down -4.5%. The usual October seasonal uplift did not occur, leaving expectations softer for the remainder of the year.

Moelis points to an earnings (EBIT) guidance downgrade to $91–$98m, around -14% below prior management estimates, reflecting subdued occupancy and higher regulatory investment. Cost management initiatives continue to provide some earnings support.

The analyst cuts its earnings forecasts by -15% for 2025, -14% for 2026, and -11% for 2027. 

Hold rating retained. Target slips to 75c from 92c.

FORECAST
Moelis forecasts a full year FY25 dividend of 4.70 cents and EPS of 7.80 cents.
Moelis forecasts a full year FY26 dividend of 5.40 cents and EPS of 9.20 cents.
Access Extra Coverage Research History >

GEM STOCK CHART

FNArena News on GEM

1
Australian Broker Call *Extra* Edition – Nov 10, 2025

Nov 10 2025 - Daily Market Reports
2
Australian Broker Call *Extra* Edition – Nov 06, 2025

Nov 06 2025 - Daily Market Reports
3
Australian Broker Call *Extra* Edition – Oct 21, 2025

Oct 21 2025 - Daily Market Reports
4
FNArena Corporate Results Monitor – 27-08-2025

Aug 27 2025 - Australia
5
Rudi’s View: Taking Stock Ahead Of August

Jul 30 2025 - Rudi's View

Latest Childcare News

1
More Fun In The Sandpit

Jun 26 2020 - Weekly Reports
2
Treasure Chest: G8 Education Faces Difficulties

Jul 16 2019 - Treasure Chest
3
Strong Growth Expected From Think Childcare

May 29 2019 - Small Caps
4
Turning Around G8 Education

Jan 30 2019 - Australia
5
Better 2019 Expected From G8 Education

Nov 20 2018 - Australia
6
Think Upside

Nov 13 2018 - Small Caps
7
Bumper Supply Constraining Childcare Profits

Jun 20 2018 - Australia
8
G8 Education Could Perform Better By 2019

Apr 16 2018 - Australia
9
Growing Opportunity For G8 Education

Mar 14 2018 - Australia
10
Buying Opportunity Presents In G8 Education

Dec 05 2017 - Australia