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

$24.44

01 Nov
2024

-0.500

OPEN

$24.58

-2.00%

HIGH

$24.75

589,293

LOW

$24.29

TARGET
$27.04 10.6% 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 40.1 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 61.0 xxx
Dividend Yield xxx N/A 1.4% xxx
Div Pay Ratio(%) xxx N/A 86.2% xxx

Dividend yield today if purchased 3 years ago: 1.04%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 1.43

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: 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

Ord Minnett

xx/xx/xxxx

2

xxxxxxxxx xx xxxxxxxxxx xxxx xxx

$xx.xx

xx.xx%

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

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Macquarie

15/10/2024

1

Outperform

$28.00

14.57%

After identifying one of the key drivers of higher pricing is enhanced trust and customer usability of the platform, management at Seek has targeted HR and recruitment technology company Xref ((XF1)).

Management will enter into exclusive due diligence for four weeks to acquire 100% of Xref for around -$45m.

Xref specialises in reference and pre-employment checks, employee engagement and exit surveys.

The target for Seek rises to $28 from $25 on a higher assumed multiple to align with peer valuations, explains Macquarie.

FORECAST
Macquarie forecasts a full year FY25 dividend of 23.00 cents and EPS of 36.40 cents.
Macquarie forecasts a full year FY26 dividend of 37.00 cents and EPS of 59.50 cents.

UBS

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Morgan Stanley

xx/xx/xxxx

1

xxxxxxxxxx

$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

Goldman Sachs

xx/xx/xxxx

5

xxxx

$xx.xx

xx.xx%

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Jarden

23/10/2024

1

Buy

$28.00

14.57%

Jarden raises target prices for the four online classified stocks under the broker's research coverage after updating forecasts for recent listing volumes data and to reflect the analysts' lower risk-free rate assumptions.

The broker's target for Seek rises to $28 from $26.60 on an improved volume outlook partly offset by an increased cost forecast. The Buy rating is maintained.

FORECAST
Jarden forecasts a full year FY25 dividend of 29.70 cents and EPS of 45.70 cents.
Jarden forecasts a full year FY26 dividend of 41.00 cents and EPS of 63.10 cents.
Access Extra Coverage Research History >

SEK STOCK CHART

FNArena News on SEK

1
Rudi’s View: US Earnings & The Election

Oct 31 2024 - Rudi's View
2
Australian Broker Call *Extra* Edition – Oct 30, 2024

Oct 30 2024 - Daily Market Reports
3
Weekly Ratings, Targets, Forecast Changes – 25-10-24

Oct 28 2024 - Weekly Reports
4
Rudi’s View: Earnings, Best Ideas & Favourite Stock Picks

Oct 24 2024 - Rudi's View
5
Australian Broker Call *Extra* Edition – Oct 23, 2024

Oct 23 2024 - Daily Market Reports

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