QUBE HOLDINGS LIMITED (QUB)
Share Price Analysis and Chart

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QUB

QUB - QUBE HOLDINGS LIMITED

FNArena Sector : Transportation & Logistics
Year End: June
GICS Industry Group : Transportation
Debt/EBITDA: 5.19
Index: ASX100 | ASX200 | ASX300 | ALL-ORDS

Qube Holdings is an Australian diversified logistics, transport and infrastructure company. First listed in 2007, the name Qube was adopted in 2010.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$4.97

27 Nov
2025

0.100

OPEN

$4.90

2.05%

HIGH

$4.97

29,834,348

LOW

$4.87

TARGET
$5.10 2.6% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
ACE . AIZ . AQZ . AVD . AZJ . BWN . BXB . CLX . ERD . KLS . KSC . LAU . NTD . QAN . SPZ . SST . THL . WTC .
FNARENA'S MARKET CONSENSUS FORECASTS
QUB: 1
Title FY24
Actual		 FY25
Actual		 FY26
Forecast		 FY27
Forecast
EPS (cps) xxx 6.4 15.9 xxx
DPS (cps) xxx 9.8 10.4 xxx
EPS Growth xxx - 50.2% 100.0% xxx
DPS Growth xxx 7.1% 6.1% xxx
PE Ratio xxx N/A 30.5 xxx
Dividend Yield xxx N/A 2.1% xxx
Div Pay Ratio(%) xxx 153.1% 65.3% xxx

Dividend yield today if purchased 3 years ago: 3.53%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 2.02

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: 16/09 - ex-div 5.15c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2025 FactSet UK Limited. All rights reserved
Title 202020212022202320242025
EPS Basic xxxxxxxxxxxxxxx6.4
DPS All xxxxxxxxxxxxxxx9.8
Sales/Revenue xxxxxxxxxxxxxxx4,166.9 M
Book Value Per Share xxxxxxxxxxxxxxx169.7
Net Operating Cash Flow xxxxxxxxxxxxxxx325.2 M
Net Profit Margin xxxxxxxxxxxxxxx2.72 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202020212022202320242025
Return on Capital Employed xxxxxxxxxxxxxxx3.70 %
Return on Invested Capital xxxxxxxxxxxxxxx2.01 %
Return on Assets xxxxxxxxxxxxxxx1.63 %
Return on Equity xxxxxxxxxxxxxxx3.70 %
Return on Total Capital xxxxxxxxxxxxxxx4.25 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-276.6 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 202020212022202320242025
Short-Term Debt xxxxxxxxxxxxxxx133 M
Long Term Debt xxxxxxxxxxxxxxx2,961 M
Total Debt xxxxxxxxxxxxxxx3,094 M
Goodwill - Gross xxxxxxxxxxxxxxx1,177 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx151 M
Price To Book Value xxxxxxxxxxxxxxx2.52

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202020212022202320242025
Capex xxxxxxxxxxxxxxx438.3 M
Capex % of Sales xxxxxxxxxxxxxxx10.52 %
Cost of Goods Sold xxxxxxxxxxxxxxx3,724 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx197 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx603 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

3
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

UBS

xx/xx/xxxx

-1

xx xxxxxx

xx.xx%

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Morgan Stanley

xx/xx/xxxx

3

xxxxxxxxx xx xxxxx-xxxxxx xxxx xxxxxxxxxx

$xx.xx

xx.xx%

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Ord Minnett

25/11/2025

3

Downgrade to Hold from Buy

$5.20

4.63%

Ord Minnett downgrades Qube Holdings to Hold from Buy, raising the target to $5.20 from $4.52 in line with the conditional and non-binding proposal by Macquarie Asset Management to acquire the company.

Directors have confirmed they intend to unanimously recommend in favour of a scheme of arrangement should the proposal progress.

The broker notes that Macquarie Asset Management has been an active owner of global port and transport assets, and given the strategic nature of many of the Qube assets, incremental third-party interest is a possibility.

FORECAST
Ord Minnett forecasts a full year FY26 dividend of 10.00 cents and EPS of 14.10 cents.
Ord Minnett forecasts a full year FY27 dividend of 10.50 cents and EPS of 15.60 cents.

Citi

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

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

24/11/2025

3

Neutral

$5.00

0.60%

Jarden notes Qube has received a conditional, non binding $5.20 per share all cash indicative offer from Macquarie Asset Management ((MQG)), and the board has unanimously recommended it, granting exclusivity for due diligence through 1 February 2026.

The broker sees regulatory risk as relatively modest, with ACCC and FIRB approvals required but only limited asset overlap flagged, mainly around Port of Newcastle and the Newcastle Agri Terminal.

On valuation, the analyst views the bid as firming value for Patrick and implying a reasonable stub valuation for the remaining operating and property assets.

Jarden retains its earnings forecasts with the main point of interest is the ACCC process and any need for selective divestments to secure approval. Target raised to $5 from $4.25 with no change in Neutral rating.

FORECAST
Jarden forecasts a full year FY26 dividend of 9.50 cents and EPS of 16.90 cents.
Jarden forecasts a full year FY27 dividend of 11.40 cents and EPS of 20.40 cents.
Access Extra Coverage Research History >

QUB STOCK CHART

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