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: 1.08
Index: ASX300 | ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$2.85

24 Oct
2025

-0.020

OPEN

$2.89

-0.70%

HIGH

$2.93

2,587,686

LOW

$2.85

TARGET
$2.975 4.4% 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 . RUL . SGH . SXE . XRF .
FNARENA'S MARKET CONSENSUS FORECASTS
SRG: 1
Title FY24
Actual		 FY25
Actual		 FY26
Forecast		 FY27
Forecast
EPS (cps) xxx 8.0 13.2 xxx
DPS (cps) xxx 5.5 6.3 xxx
EPS Growth xxx 21.6% 63.8% xxx
DPS Growth xxx 22.2% 13.9% xxx
PE Ratio xxx N/A 22.2 xxx
Dividend Yield xxx N/A 2.1% xxx
Div Pay Ratio(%) xxx 68.4% 47.6% xxx

Dividend yield today if purchased 3 years ago: 7.91%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 1.88

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: 14/03 - ex-div 2c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2025 FactSet UK Limited. All rights reserved
Title 202020212022202320242025
EPS Basic xxxxxxxxxxxxxxx8.0
DPS All xxxxxxxxxxxxxxx5.5
Sales/Revenue xxxxxxxxxxxxxxx1,323.3 M
Book Value Per Share xxxxxxxxxxxxxxx65.0
Net Operating Cash Flow xxxxxxxxxxxxxxx94.9 M
Net Profit Margin xxxxxxxxxxxxxxx3.59 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202020212022202320242025
Return on Capital Employed xxxxxxxxxxxxxxx13.62 %
Return on Invested Capital xxxxxxxxxxxxxxx11.23 %
Return on Assets xxxxxxxxxxxxxxx6.14 %
Return on Equity xxxxxxxxxxxxxxx13.62 %
Return on Total Capital xxxxxxxxxxxxxxx15.84 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx39.2 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 202020212022202320242025
Short-Term Debt xxxxxxxxxxxxxxx40 M
Long Term Debt xxxxxxxxxxxxxxx88 M
Total Debt xxxxxxxxxxxxxxx128 M
Goodwill - Gross xxxxxxxxxxxxxxx273 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx112 M
Price To Book Value xxxxxxxxxxxxxxx2.65

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202020212022202320242025
Capex xxxxxxxxxxxxxxx28.4 M
Capex % of Sales xxxxxxxxxxxxxxx2.14 %
Cost of Goods Sold xxxxxxxxxxxxxxx1,206 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx45 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

0.9

No. Of Recommendations

4
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Ord Minnett

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Shaw and Partners

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

Bell Potter

15/10/2025

1

Buy

$3.00

5.26%

SRG Global announced the acquisition of Total Ams Pty Ltd, a national service provider to the marine infrastructure sector, for $85m and a two-year earn-out structure, with completion slated for October 31.

Bell Potter notes the consideration will be funded with cash and debt of $57.3m, with $27.7m worth of SRG shares issued to the vendors.

The acquisition is expected to be EPS accretive and the analyst lifts its EPS forecast by 16% for FY26, 22% for FY27, and 21% for FY28.

Target price is revised higher to $3 from $1.95. Buy rating unchanged.

FORECAST
Bell Potter forecasts a full year FY26 dividend of 6.50 cents and EPS of 13.20 cents.
Bell Potter forecasts a full year FY27 dividend of 7.00 cents and EPS of 15.30 cents.

Morgans

xx/xx/xxxx

2

xxxxxxxxx xx xxxxxxxxxx xxxx xxx

$xx.xx

xx.xx%

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Access Stockbroker Research History >
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

16/10/2025

1

Buy

$2.81

-1.40%

SRG Global has acquired Total Tams Pty Ltd for $85m, pulling in an end-to-end diversified marine infrastructure services partner with a 25-year history.

Funding will consist of cash and debt of -$57.3m, and $27.7m in shares will be issued to the vendors, with a two-year earn-out opportunity.

Moelis upgrades its EPS estimates by 21% for FY26, 30% for FY27, and 32% for FY28, following management lifting earnings (EBITDA) guidance to at least $163m in FY26 with pro forma work in hand of $4.2bn and an opportunity pipeline of $11.5bn.

Buy rating retained. The analyst’s target price is lifted to $2.81 from $2.

FORECAST
Moelis forecasts a full year FY26 dividend of 7.10 cents and EPS of 11.40 cents.
Moelis forecasts a full year FY27 dividend of 8.40 cents and EPS of 13.60 cents.
Access Extra Coverage Research History >

SRG STOCK CHART

FNArena News on SRG

1
Another Step-Change In Growth For SRG Global

Oct 22 2025 - Small Caps
2
Rudi’s View: In Corporate Earnings We Must Trust

Oct 22 2025 - Rudi's View
3
Weekly Ratings, Targets, Forecast Changes – 17-10-25

Oct 20 2025 - Weekly Reports
4
Australian Broker Call *Extra* Edition – Oct 16, 2025

Oct 16 2025 - Daily Market Reports
5
Rudi’s View: August Results; Standouts, Turnarounds, Failures & Misfits

Sep 10 2025 - Rudi's View

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