SEEK LIMITED (SEK)
Share Price Analysis and Chart

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SEK - SEEK LIMITED

FNArena Sector : Jobs & Skilled Labour Services
Year End: June
GICS Industry Group : Commercial & Professional Services
Debt/EBITDA: 3.41
Index: ASX50 | ASX100 | ASX200 | ASX300 | ALL-ORDS | ALL-TECH

Seek Ltd is an online employment agency matching jobseekers with employment opportunities in several countries. It also provides training and higher education courses. Seek became a listed company in 2005 and is market leader in Australia. It owns Zhaopin in China.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$22.34

20 Dec
2024

-1.070

OPEN

$23.15

-4.57%

HIGH

$23.36

2,495,196

LOW

$22.16

TARGET
$27.44 22.8% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
LVH . PPE . SIO . XF1 .
FNARENA'S MARKET CONSENSUS FORECASTS
SEK: 1
Title FY23
Actual		 FY24
Actual		 FY25
Forecast		 FY26
Forecast
EPS (cps) xxx - 28.3 40.2 xxx
DPS (cps) xxx 35.0 34.5 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx - 25.5% - 1.4% xxx
PE Ratio xxx N/A 55.6 xxx
Dividend Yield xxx N/A 1.5% xxx
Div Pay Ratio(%) xxx N/A 85.9% xxx

Dividend yield today if purchased 3 years ago: 1.07%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 1.57

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: 04/09 - ex-div 16c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx-28.3
DPS All xxxxxxxxxxxxxxx35.0
Sales/Revenue xxxxxxxxxxxxxxx1,084.1 M
Book Value Per Share xxxxxxxxxxxxxxx728.5
Net Operating Cash Flow xxxxxxxxxxxxxxx328.8 M
Net Profit Margin xxxxxxxxxxxxxxx-5.53 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx-2.28 %
Return on Invested Capital xxxxxxxxxxxxxxx-1.47 %
Return on Assets xxxxxxxxxxxxxxx-1.20 %
Return on Equity xxxxxxxxxxxxxxx-2.28 %
Return on Total Capital xxxxxxxxxxxxxxx6.96 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx166.6 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 xxxxxxxxxxxxxxx20 M
Long Term Debt xxxxxxxxxxxxxxx1,389 M
Total Debt xxxxxxxxxxxxxxx1,409 M
Goodwill - Gross xxxxxxxxxxxxxxx1,064 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx230 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 xxxxxxxxxxxxxxx169.0 M
Capex % of Sales xxxxxxxxxxxxxxx15.59 %
Cost of Goods Sold xxxxxxxxxxxxxxx542 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx257 M
Research & Development xxxxxxxxxxxxxxx85 M
Investments - Total xxxxxxxxxxxxxxx2,323 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

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

Morgan Stanley

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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

xx/xx/xxxx

2

xxxxxxxxx xx xxxxxxxxxx xxxx xxx

$xx.xx

xx.xx%

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Morgans

24/10/2024

1

Add

$26.80

19.96%

For ASX-listed classified players under coverage, Morgans updates current listings volume forecasts.

For Seek, the broker believes management has the ability to pull levers such as new pricing model/platform unification benefits/discretionary cost management to drive growth in the medium-term.

The analyst suggests the trajectory of recent job ad volumes is arguable better than initial market expectations.

The Add rating is maintained. The target rises to $26.80 from $25.00.

The AGM is due on November 19.

FORECAST
Morgans forecasts a full year FY25 dividend of 36.00 cents and EPS of 47.20 cents.
Morgans forecasts a full year FY26 dividend of 49.00 cents and EPS of 63.60 cents.

Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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UBS

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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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

Jarden

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Goldman Sachs

30/10/2024

5

Sell

$21.50

-3.76%

Goldman Sachs reviews recent data points for classifieds coverage and concludes the data is positive "broadly" for REA Group ((REA)) and Seek but negative for CAR Group ((CAR)).

The analyst highlights robust start to Australian property listings for FY25, while A&NZ job ads seem to be above Seek's guidance. Goldman Sachs is now forecasting peak unemployment of 4.6% in June 2025. 

Car dealers' numbers remain under pressure with new car sales down -7% in 1Q25 which could impact on CAR Group.

Target price rises to $21.50 from $19.50. No change to Sell rating.
Access Extra Coverage Research History >

SEK STOCK CHART

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