COMPUTERSHARE LIMITED (CPU)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

CPU - COMPUTERSHARE LIMITED

FNArena Sector : Diversified Financials
Year End: June
GICS Industry Group : Software & Services
Debt/EBITDA: 1.57
Index: ASX50 | ASX100 | ASX200 | ASX300 | ALL-ORDS | ALL-TECH

Computershare primarily provides shareholder registration and related services to companies listed on stock markets in multiple countries. It has expanded into mortgage loan servicing and tenant deposit services in the UK and the US. It was founded in 1978 and listed on the ASX in 1994.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$25.40

04 Oct
2024

0.290

OPEN

$24.96

1.15%

HIGH

$25.40

1,678,427

LOW

$24.95

TARGET
$29.403 15.8% upside
OTHER COMPANIES IN THE SAME SECTOR
B4P . BFG . CCR . CNI . CVC . EP1 . EQT . EZL . FID . HMY . LFG . OBL . OFX . SOL . SVW .
FNARENA'S MARKET CONSENSUS FORECASTS
CPU: 1
Title FY25
Forecast		 FY26
Forecast
EPS (cps) 189.8 xxx
DPS (cps) 85.0 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio 13.6 xxx
Dividend Yield 3.3% xxx
Div Pay Ratio(%) 44.8% xxx
This company reports in USD.
All estimates have been converted into AUD by FNArena at present FX values.

Dividend yield today if purchased 3 years ago: 4.57%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 3.17

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: 20/08 - (franking ex-di

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx131.9
DPS All xxxxxxxxxxxxxxx82.0
Sales/Revenue xxxxxxxxxxxxxxx4,452.7 M
Book Value Per Share xxxxxxxxxxxxxxx493.4
Net Operating Cash Flow xxxxxxxxxxxxxxx1,112.4 M
Net Profit Margin xxxxxxxxxxxxxxx16.89 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx24.54 %
Return on Invested Capital xxxxxxxxxxxxxxx12.94 %
Return on Assets xxxxxxxxxxxxxxx8.76 %
Return on Equity xxxxxxxxxxxxxxx24.54 %
Return on Total Capital xxxxxxxxxxxxxxx23.02 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx629.5 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 201920202021202220232024
Short-Term Debt xxxxxxxxxxxxxxx43 M
Long Term Debt xxxxxxxxxxxxxxx2,630 M
Total Debt xxxxxxxxxxxxxxx2,674 M
Goodwill - Gross xxxxxxxxxxxxxxx2,706 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx1,788 M
Price To Book Value xxxxxxxxxxxxxxx5.34

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx181.3 M
Capex % of Sales xxxxxxxxxxxxxxx4.07 %
Cost of Goods Sold xxxxxxxxxxxxxxx2,690 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx311 M
Research & Development xxxxxxxxxxxxxxx209 M
Investments - Total xxxxxxxxxxxxxxx62 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

0.8

No. Of Recommendations

6
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Morgan Stanley

xx/xx/xxxx

3

xxxxxxxxx xx xxxxx-xxxxxx xxxx xxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Morgans

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Citi

15/08/2024

1

Buy

$30.00

18.11%

A summary of yesterday's research update by Citi follows. Today, the broker decides to leave the $30 target and Buy rating unchanged.

Despite a slightly higher tax rate, Computershare reported FY24 earnings which were marginally above Citi estimates.

Notably, margin income exceeded guidance, some 2% above forecasts and consensus, with a rise in structured debt issuance benefitting both the balance and mix, according to the broker.

An 8% increase in costs arising from inflation and projects was highlighted by Citi, with a cost out program of -US$45m-US$60m by the end of FY26, as the business reconfigures post the sale of US mortgage servicing and the consultant business., KCC.

Computershare's reported US42c final dividend was -US3c below the broker's estimate.

Citi believes this was a challenging result to analyse but the analyst's initial impressions are the positives outweigh the negatives.

FORECAST
Citi forecasts a full year FY25 dividend of 131.70 cents and EPS of 189.83 cents.
Citi forecasts a full year FY26 dividend of 140.78 cents and EPS of 199.36 cents.

UBS

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Ord Minnett

xx/xx/xxxx

2

xxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial
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

Goldman Sachs

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Jarden

20/08/2024

2

Overweight

$30.10

18.50%

Jarden highlights better than expected earnings for Computershare, noting Issuer Services/Employee Share Plans outperformed the weaker results from the Global Corporate Trust operations.

Management upped the FY25 EPS guidance by 8% accompanied by a 15% improvement in margins.

Jarden revises EPS forecasts by 2.4% for FY25 and 4% for FY26.

Overweight rating unchanged. Target prices revised to $30.10 from $29.20.

FORECAST
Jarden forecasts a full year FY25 dividend of 87.20 cents and EPS of 191.64 cents.
Jarden forecasts a full year FY26 dividend of 93.20 cents and EPS of 205.42 cents.
Access Extra Coverage Research History >

CPU STOCK CHART

FNArena News on CPU

1
Rudi’s View: AGL, GPT, James Hardie, Qantas, Pilbara & Xero

Oct 03 2024 - Rudi's View
2
September In Review: Banks versus Miners

Oct 03 2024 - Australia
3
Weekly Ratings, Targets, Forecast Changes – 20-09-24

Sep 23 2024 - Weekly Reports
4
Rudi’s View: August Results Fail To Inspire

Sep 05 2024 - Rudi's View
5
Australian Broker Call *Extra* Edition – Aug 20, 2024

Aug 20 2024 - Daily Market Reports

Latest Diversified Financials News

1
Bell Financial On The Move

Aug 13 2024 - Technicals
2
Treasure Chest: Computershare: A Safe Haven Leveraged to Rising Rates

Jun 22 2022 - Treasure Chest
3
Rudi’s View: 29Metals, Calix, Chalice Mining, Incitec Pivot, Telstra & Qantas

Jan 13 2022 - Rudi's View
4
Pepper Money Upgrades Despite Market Pressure

Dec 01 2021 - Australia
5
Demand Driving Strong Results For Eclipx

Nov 08 2021 - Australia
6
Computershare Could Struggle For Growth

Aug 11 2021 - Australia
7
Treasure Chest: Move Early On Computershare?

Jul 22 2021 - Treasure Chest
8
ASX-Listed Super Giants

May 27 2021 - Weekly Reports
9
Liberty Financial Befriends Risk

May 18 2021 - Australia
10
Computershare Hikes Long-Term Potential

Mar 26 2021 - Australia