SUPER RETAIL GROUP LIMITED (SUL)
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SUL

SUL - SUPER RETAIL GROUP LIMITED

FNArena Sector : Automobiles & Components
Year End: June
GICS Industry Group : Retailing
Debt/EBITDA: 1.64
Index: ASX200 | ASX300 | ALL-ORDS

Super Retail Group owns and operates a number of retail brands in Australia, including Rebel Sport, Supercheap Auto, Macpac and BCF. Founded in 1972, the company listed as Supercheap Auto in 2004.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$11.32

07 May
2026

-0.340

OPEN

$10.58

-2.92%

HIGH

$11.38

2,244,325

LOW

$10.08

TARGET
$13.835

-0.62 change from previous day

22.2% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
AMA . AOV . APE . ARB . ASG . BAP . CAR . CMA . MTO . MXI . PWH . PWR . RPM . SFC . SNL . VMT .
FNARENA'S MARKET CONSENSUS FORECASTS
SUL: 1
Title FY24
Actual
FY25
Actual
FY26
Forecast
FY27
Forecast
EPS (cps) xxx 98.2 92.3 xxx
DPS (cps) xxx 96.0 58.7 xxx
EPS Growth xxx - 7.6% - 6.0% xxx
DPS Growth xxx - 19.3% - 38.8% xxx
PE Ratio xxx N/A 12.6 xxx
Dividend Yield xxx N/A 5.1% xxx
Div Pay Ratio(%) xxx 97.7% 63.6% xxx

Dividend yield today if purchased 3 years ago: 7.61%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

8.28

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: 08/09 - ex-div 30.00c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2026 FactSet UK Limited. All rights reserved
Title 202020212022202320242025
EPS Basic xxxxxxxxxxxxxxx98.2
DPS All xxxxxxxxxxxxxxx96.0
Sales/Revenue xxxxxxxxxxxxxxx4,070.1 M
Book Value Per Share xxxxxxxxxxxxxxx585.1
Net Operating Cash Flow xxxxxxxxxxxxxxx513.0 M
Net Profit Margin xxxxxxxxxxxxxxx5.45 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202020212022202320242025
Return on Capital Employed xxxxxxxxxxxxxxx16.46 %
Return on Invested Capital xxxxxxxxxxxxxxx9.62 %
Return on Assets xxxxxxxxxxxxxxx6.02 %
Return on Equity xxxxxxxxxxxxxxx16.46 %
Return on Total Capital xxxxxxxxxxxxxxx15.65 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx78.5 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 xxxxxxxxxxxxxxx224 M
Long Term Debt xxxxxxxxxxxxxxx1,012 M
Total Debt xxxxxxxxxxxxxxx1,236 M
Goodwill - Gross xxxxxxxxxxxxxxx530 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx63 M
Price To Book Value xxxxxxxxxxxxxxx2.40

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202020212022202320242025
Capex xxxxxxxxxxxxxxx165.7 M
Capex % of Sales xxxxxxxxxxxxxxx4.07 %
Cost of Goods Sold xxxxxxxxxxxxxxx2,213 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx1,464 M
Research & Development xxxxxxxxxxxxxxx0 M
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

0.3

No. Of Recommendations

6
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Morgans

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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Citi

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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UBS

07/05/2026

3

Neutral

$12.50

10.42%

Super Retail's like for like sales for the first 18 weeks of 2H26 showed a slowdown in March and April, notably in discretionary categories for SuperCheap Auto, UBS explains.

Rebel gained market share, boosted by football, mens and a recovery, while less outdoor activity impacted on Macpac in March and April. Boating, camping and fishing was the brand most affected by higher fuel prices.

Gross margins slipped slightly. The broker points to the greatest headwind for margins being the cost of doing business/sales due to the deleveraging as sales growth moderates.

Costs guidance rose to -$66m from -$60m. EPS forecasts are trimmed for FY26 and FY27. No change to Neutral rating. Target price slips to $12.50 from $13.50.

FORECAST
UBS forecasts a full year FY26 dividend of 64.00 cents and EPS of 91.00 cents.
UBS forecasts a full year FY27 dividend of 67.00 cents and EPS of 98.00 cents.

Morgan Stanley

xx/xx/xxxx

5

xxxxxxxxxxx

$xx.xx

xx.xx%

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Ord Minnett

xx/xx/xxxx

2

xxxxxxx xx xxxxxxxxxx xxxx 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

09/05/2026

2

Overweight

$14.90

31.63%

Jarden maintains an Overweight rating for Super Retail and lowers the target price to $14.90 from $15.20 following a trading update highlighting softer auto and leisure sales.

The broker notes trading trends have slowed with a noticeable consumer shift towards needs-based shopping, particularly impacting the BCF and Macpac banners, while Rebel outperformed expectations.

Project costs of $6m were brought forward, combining with the softer sales run-rate to drive an approximate -3% downgrade to FY26 EBIT forecasts.

To reflect the updated margin pressures and top-line moderation, the report cuts earnings per share forecasts to 87.2c from 89.8c in FY26, and to 101.9c from 103.9c in FY27.

The valuation remains attractive given the strong balance sheet, and management's strategic inventory build in auto provides a buffer against impending price increases.

FORECAST
Jarden forecasts a full year FY26 dividend of 61.00 cents and EPS of 87.20 cents.
Jarden forecasts a full year FY27 dividend of 73.00 cents and EPS of 101.90 cents.

SUL STOCK CHART