ORIGIN ENERGY LIMITED (ORG)
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ORG

ORG - ORIGIN ENERGY LIMITED

FNArena Sector : Infrastructure & Utilities
Year End: June
GICS Industry Group : Utilities
Debt/EBITDA: 1.83
Index: ASX50 | ASX100 | ASX200 | ASX300 | ALL-ORDS

Origin Energy is an Australian natural gas and exploration company. It was formed in 2000 as a result of a de-merger from Boral. The company has a large exploration portfolio in Australia and is a major shareholder in the Australia Pacific LNG joint venture.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$12.04

23 Jul
2025

-0.030

OPEN

$12.13

-0.25%

HIGH

$12.16

2,546,457

LOW

$11.99

TARGET
$11.10 -7.8% downside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
AGL . AIA . ALX . APA . CEN . DBI . DBI . GNE . GNP . MEZ . SRJ . TCL .
FNARENA'S MARKET CONSENSUS FORECASTS
ORG: 1
Title FY23
Actual
FY24
Actual
FY25
Forecast
FY26
Forecast
EPS (cps) xxx 81.1 87.2 xxx
DPS (cps) xxx 680.0 59.4 xxx
EPS Growth xxx 32.3% 7.5% xxx
DPS Growth xxx 100.0% - 91.3% xxx
PE Ratio xxx N/A 13.8 xxx
Dividend Yield xxx N/A 4.9% xxx
Div Pay Ratio(%) xxx 838.3% 68.0% xxx

Dividend yield today if purchased 3 years ago: 121.00%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

56.43

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: 05/09 - ex-div 27.50c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2025 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx81.1
DPS All xxxxxxxxxxxxxxx680.0
Sales/Revenue xxxxxxxxxxxxxxx16,076.0 M
Book Value Per Share xxxxxxxxxxxxxxx552.4
Net Operating Cash Flow xxxxxxxxxxxxxxx2,382.0 M
Net Profit Margin xxxxxxxxxxxxxxx8.69 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx15.20 %
Return on Invested Capital xxxxxxxxxxxxxxx11.29 %
Return on Assets xxxxxxxxxxxxxxx7.09 %
Return on Equity xxxxxxxxxxxxxxx15.20 %
Return on Total Capital xxxxxxxxxxxxxxx10.46 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx955.0 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 xxxxxxxxxxxxxxx68 M
Long Term Debt xxxxxxxxxxxxxxx3,310 M
Total Debt xxxxxxxxxxxxxxx3,378 M
Goodwill - Gross xxxxxxxxxxxxxxx2,091 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx1,379 M
Price To Book Value xxxxxxxxxxxxxxx1.97

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx653.0 M
Capex % of Sales xxxxxxxxxxxxxxx4.06 %
Cost of Goods Sold xxxxxxxxxxxxxxx14,094 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx673 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx7,917 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

0.2

No. Of Recommendations

5
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Macquarie

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Morgan Stanley

xx/xx/xxxx

5

xxxxxxxxxxx

$xx.xx

xx.xx%

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Citi

14/07/2025

1

Buy

$13.00

7.97%

Citi highlights Eraring Power Station's extended and stronger performance, suggesting greater system value amid the energy transition and upside risk to Origin Energy's near-term earnings.

The broker believes the market under appreciates Eraring’s optionality, with potential for closure delays or regulatory support strengthening the investment case.

Citi incorporates recent FY25 Octopus guidance downgrades but raises its valuation of the business, reflecting growing confidence in a Kraken and Octopus Energy demerger.

Citi raises its target price to $13 from $11.50 and maintains a Buy rating.

FORECAST
Citi forecasts a full year FY25 dividend of 57.40 cents and EPS of 87.00 cents.
Citi forecasts a full year FY26 dividend of 62.20 cents and EPS of 61.00 cents.

UBS

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Ord Minnett

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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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

Jarden

17/07/2025

4

Underweight

$10.95

-9.05%

Origin Energy is due to report its 4Q25 update on July 31, with Jarden flagging expected APLNG production of 36.3PJ and domestic gas sales of 9.3PJ for the company's share, with forecast sales revenue down -7% on the previous quarter to $620m.

Commentary suggests a warmer than average start to winter in southern Australia may result in softer retail gas demand in the quarter.

No change to Underweight rating. Target set at $10.95.

FORECAST
Jarden forecasts a full year FY25 dividend of 60.00 cents and EPS of 81.80 cents.
Jarden forecasts a full year FY26 dividend of 60.00 cents and EPS of 69.60 cents.

ORG STOCK CHART