KELSIAN GROUP LIMITED (KLS)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

KLS - KELSIAN GROUP LIMITED

FNArena Sector : Transportation & Logistics
Year End: June
GICS Industry Group : Transportation
Debt/EBITDA: 4.25
Index: ASX200 | ASX300 | ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$3.87

20 Nov
2024

-0.070

OPEN

$3.94

-1.78%

HIGH

$3.94

761,232

LOW

$3.86

TARGET
$5.10 31.8% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
ACE . AIZ . AQZ . AVD . AZJ . BXB . CLX . ERD . KSC . LAU . NTD . QAN . QUB . SLH . SPZ . SST . THL . WTC . Z2U .
FNARENA'S MARKET CONSENSUS FORECASTS
KLS: 1
Title FY23
Actual		 FY24
Actual		 FY25
Forecast		 FY26
Forecast
EPS (cps) xxx 21.5 34.7 xxx
DPS (cps) xxx 17.5 18.0 xxx
EPS Growth xxx 100.0% 61.6% xxx
DPS Growth xxx 3.5% 2.9% xxx
PE Ratio xxx N/A 10.8 xxx
Dividend Yield xxx N/A 4.8% xxx
Div Pay Ratio(%) xxx 81.5% 51.9% xxx

Dividend yield today if purchased 3 years ago: 2.41%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 4.68

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: 13/09 - ex-div 9.5c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx21.5
DPS All xxxxxxxxxxxxxxx17.5
Sales/Revenue xxxxxxxxxxxxxxx2,016.8 M
Book Value Per Share xxxxxxxxxxxxxxx343.8
Net Operating Cash Flow xxxxxxxxxxxxxxx146.7 M
Net Profit Margin xxxxxxxxxxxxxxx2.88 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx6.27 %
Return on Invested Capital xxxxxxxxxxxxxxx3.22 %
Return on Assets xxxxxxxxxxxxxxx2.53 %
Return on Equity xxxxxxxxxxxxxxx6.27 %
Return on Total Capital xxxxxxxxxxxxxxx5.25 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-49.0 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 xxxxxxxxxxxxxxx56 M
Long Term Debt xxxxxxxxxxxxxxx964 M
Total Debt xxxxxxxxxxxxxxx1,020 M
Goodwill - Gross xxxxxxxxxxxxxxx721 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx134 M
Price To Book Value xxxxxxxxxxxxxxx1.50

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx149.8 M
Capex % of Sales xxxxxxxxxxxxxxx7.43 %
Cost of Goods Sold xxxxxxxxxxxxxxx1,665 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx255 M
Research & Development xxxxxxxxxxxxxxx-
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

1.0

No. Of Recommendations

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

Ord Minnett

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Macquarie

29/08/2024

1

Outperform

$4.80

24.03%

Kelsian Group's FY24 result met Macquarie's forecasts at the earnings (EBITDA) level and outpaced by 8% at the net profit level thanks to a reduction in depreciation, interest and tax expenses.

Australian buses proved the star performer thanks to a strong margin improvement, but international buses disappointed.

On the downside, capital expenditure guidance disappointed the broker, especially given growing concerns about the company's capital inensity and return on capital.

Macquarie says this is likely to constrain the balance sheet with deleveraging unlikely to materialise before FY26.

EPS forecasts fall -11.6% in FY25; -7% in FY26; and 3% to -9% thereafter. Outperform rating retained. Target price falls to $4.80 from $7.70.

FORECAST
Macquarie forecasts a full year FY25 dividend of 18.00 cents and EPS of 35.40 cents.
Macquarie forecasts a full year FY26 dividend of 24.00 cents and EPS of 40.70 cents.

UBS

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial
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

Canaccord Genuity

31/10/2024

1

Buy

$6.10

57.62%

Canaccord Genuity retains a Buy rating for Kelsian with an unchanged target price of $6.10, following the company’s AGM where EBITDA guidance was reiterated at $283-295m.

The broker notes a review of capital management, with plans to optimise leverage, dividend payout, and capital returns.

Projects in Sydney and Colorado are progressing on budget, observes the analyst, and Kelsian's Marine & Tourism division anticipates further growth from domestic tourism.

FORECAST
Canaccord Genuity forecasts a full year FY25 dividend of 17.00 cents and EPS of 35.00 cents.
Canaccord Genuity forecasts a full year FY26 dividend of 20.00 cents and EPS of 40.00 cents.
Access Extra Coverage Research History >

KLS STOCK CHART

FNArena News on KLS

1
Next Week At A Glance – 11-15 Nov 2024

Nov 08 2024 - Weekly Reports
2
Australian Broker Call *Extra* Edition – Nov 01, 2024

Nov 01 2024 - Daily Market Reports
3
Rudi’s View: Australia’s Most Highly Recommended Stocks

Oct 23 2024 - Rudi's View
4
Australian Broker Call *Extra* Edition – Sep 04, 2024

Sep 04 2024 - Daily Market Reports
5
Caution & Gyrations Dominated August Results

Sep 02 2024 - Australia

Latest Transportation & Logistics News

1
Brambles’ Slow Start Of Little Concern

Oct 29 2024 - Australia
2
Brambles Leverages Deep Data Analysis

Sep 18 2024 - Australia
3
Aurizon: A Dividend Downer For Investors

Aug 14 2024 - Australia
4
Treasure Chest: Qantas Airways

Jul 15 2024 - Treasure Chest
5
In Brief: Airlines, Pathology & Seek

Jul 12 2024 - Weekly Reports
6
Brambles’ Divisive March Quarter

Apr 24 2024 - Australia
7
Treasure Chest: Silk Logistics

Sep 28 2023 - Treasure Chest
8
Lindsay Australia: Transported To Growth

Sep 13 2023 - Small Caps
9
Qantas Flying High, But Sustainability In Question

May 24 2023 - Australia
10
A Better Brambles Exudes Confidence

Mar 01 2023 - Australia