STEADFAST GROUP LIMITED (SDF)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

SDF

SDF - STEADFAST GROUP LIMITED

FNArena Sector : Insurance
Year End: June
GICS Industry Group : Insurance
Debt/EBITDA: 2.82
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

$5.65

14 Apr
2025

-0.040

OPEN

$5.70

-0.70%

HIGH

$5.71

1,516,668

LOW

$5.62

TARGET
$6.753 19.5% 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 FY23
Actual		 FY24
Actual		 FY25
Forecast		 FY26
Forecast
EPS (cps) xxx 21.2 29.4 xxx
DPS (cps) xxx 17.1 20.0 xxx
EPS Growth xxx 14.8% 38.7% xxx
DPS Growth xxx 14.0% 17.0% xxx
PE Ratio xxx N/A 19.2 xxx
Dividend Yield xxx N/A 3.5% xxx
Div Pay Ratio(%) xxx 80.7% 68.0% xxx

Dividend yield today if purchased 3 years ago: 3.52%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 3.01

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 10.35c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2025 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx21.2
DPS All xxxxxxxxxxxxxxx17.1
Sales/Revenue xxxxxxxxxxxxxxx1,669.9 M
Book Value Per Share xxxxxxxxxxxxxxx211.2
Net Operating Cash Flow xxxxxxxxxxxxxxx299.4 M
Net Profit Margin xxxxxxxxxxxxxxx13.65 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx10.43 %
Return on Invested Capital xxxxxxxxxxxxxxx6.95 %
Return on Assets xxxxxxxxxxxxxxx4.28 %
Return on Equity xxxxxxxxxxxxxxx10.43 %
Return on Total Capital xxxxxxxxxxxxxxx10.15 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx120.6 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 xxxxxxxxxxxxxxx71 M
Long Term Debt xxxxxxxxxxxxxxx1,225 M
Total Debt xxxxxxxxxxxxxxx1,297 M
Goodwill - Gross xxxxxxxxxxxxxxx2,426 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx1,326 M
Price To Book Value xxxxxxxxxxxxxxx2.93

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx11.3 M
Capex % of Sales xxxxxxxxxxxxxxx0.68 %
Cost of Goods Sold xxxxxxxxxxxxxxx635 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx672 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx49 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

1.0

No. Of Recommendations

4
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

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

21/03/2025

1

Buy

$6.80

20.35%

Steadfast Group is due to host its Investor Briefing on March 25. Ord Minnett notes consensus forecasts for the group have been conservative, which has resulted in the stock being ascribed a lower valuation multiple.

The company continues to trade at a discount to its global peers, the broker explains, despite the shares outperforming over the last six months.

Management is expected to make -$300m in acquisitions in 2025, with incremental EPS of 3%-4% added, and another -$200m in 2026, the broker highlights.

Ord Minnett believes there are significant US opportunities for the company. Buy rated with a $6.80 target price.

Morgan Stanley

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
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

05/03/2025

2

Overweight

$6.60

16.81%

Steadfast Group's 1H25 result showed a sharper-than-expected decline in premium rates which, together with the company's mid-single digit premium rate guidance for 2H, prompted Jarden to lower forecasts by -3%. The company reiterated FY25 forecast 

The broker believes the 1H result was broadly in line but a -90bps decline in broking margins led to a -30bps downward revision in FY25 forecast. Forecast for agency margin was left broadly flat at 48.8% and the broker sees a stronger trajectory as regulatory spend moderates into FY26.

Target price is $6.60. Overweight rating as the broker notes the stock is trading at a 16% discount to its historical levels.

FORECAST
Jarden forecasts a full year FY25 dividend of 21.30 cents and EPS of 31.20 cents.
Jarden forecasts a full year FY26 dividend of 22.30 cents and EPS of 31.90 cents.
Access Extra Coverage Research History >

SDF STOCK CHART

FNArena News on SDF

1
Australian Broker Call *Extra* Edition – Mar 27, 2025

Mar 27 2025 - Daily Market Reports
2
Rudi’s View: Post February Conviction Calls

Mar 13 2025 - Rudi's View
3
Rudi’s View: To Sell Or Not To Sell

Mar 06 2025 - Rudi's View
4
Australian Broker Call *Extra* Edition – Mar 05, 2025

Mar 05 2025 - Daily Market Reports
5
Australian Broker Call *Extra* Edition – Mar 04, 2025

Mar 04 2025 - Daily Market Reports

Latest Insurance News

1
Insurers To Pamper Shareholders With Buybacks

Jan 24 2025 - Australia
2
IAG Shares Breaking Out

Jan 21 2025 - Technicals
3
ESG Focus: The Little Big Things – 21-11-2024

Nov 21 2024 - ESG Focus
4
New-Look Suncorp Ready To Rumble

Nov 14 2024 - Australia
5
Steadfast’s Long March

Jul 02 2024 - Australia
6
AUB Group Shares Poised For Break-Out

Jun 13 2024 - Technicals
7
SMSFundamentals: Older People Are Life Insurers’ Future Challenge

Oct 26 2023 - SMSFundamentals
8
Australian Insurers And The Weather

Oct 19 2023 - Feature Stories
9
Steadfast Group’s US Entry Full Of Promise

Oct 11 2023 - Australia
10
Pros And Cons Of Insurance Companies

Aug 02 2023 - Australia