FLEETPARTNERS GROUP LIMITED (FPR)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

FPR

FPR - FLEETPARTNERS GROUP LIMITED

FNArena Sector : Vehicle Leasing & Salary Packaging
Year End: September
GICS Industry Group : NONE
Debt/EBITDA: 4.1
Index: ASX300 | ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$2.67

24 Mar
2025

-0.070

OPEN

$2.73

-2.55%

HIGH

$2.77

150,881

LOW

$2.67

TARGET
$3.763 40.9% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
MMS . SGF . SIQ .
FNARENA'S MARKET CONSENSUS FORECASTS
FPR: 1
Title FY23
Actual		 FY24
Actual		 FY25
Forecast		 FY26
Forecast
EPS (cps) xxx 32.4 32.4 xxx
DPS (cps) xxx 0.0 0.0 xxx
EPS Growth xxx 5.6% - 0.1% xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A 8.2 xxx
Dividend Yield xxx N/A 0.0% xxx
Div Pay Ratio(%) xxx N/A N/A xxx

Dividend yield today if purchased 3 years ago: 0.00%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 0.00

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
HISTORICAL DATA ARE ALL IN AUD
Copyright © 2025 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx32.4
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx761.6 M
Book Value Per Share xxxxxxxxxxxxxxx267.9
Net Operating Cash Flow xxxxxxxxxxxxxxx-167.9 M
Net Profit Margin xxxxxxxxxxxxxxx10.23 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx12.38 %
Return on Invested Capital xxxxxxxxxxxxxxx4.31 %
Return on Assets xxxxxxxxxxxxxxx3.26 %
Return on Equity xxxxxxxxxxxxxxx12.38 %
Return on Total Capital xxxxxxxxxxxxxxx9.23 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-186.4 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 xxxxxxxxxxxxxxx364 M
Long Term Debt xxxxxxxxxxxxxxx1,298 M
Total Debt xxxxxxxxxxxxxxx1,662 M
Goodwill - Gross xxxxxxxxxxxxxxx440 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx274 M
Price To Book Value xxxxxxxxxxxxxxx1.15

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx18.5 M
Capex % of Sales xxxxxxxxxxxxxxx2.44 %
Cost of Goods Sold xxxxxxxxxxxxxxx462 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx101 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

4
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Citi

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

Morgan Stanley

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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

Ord Minnett

19/11/2024

1

Upgrade to Buy from Accumulate

$3.60

34.83%

Ord Minnett upgrades FleetPartners Group to Buy from Accumulate, raising the target price to $3.60 from $3.50.

The broker notes the company delivered another strong result for FY24, with growth in novated leasing driving an increase in assets under management or financed.

Net operating income pre-end-of-lease and provisions met expectations but exceeded consensus by 2%, while net profit was 5% above expectations, driven by higher end-of-lease income.

Management announced an additional $30m buyback for 1H25, lifting the total buyback to 32% of the company's shares, the analyst states.

Ord Minnett identified a slight delay in the Accelerate program as the only "hiccup" in an otherwise positive update.

FORECAST
Ord Minnett forecasts a full year FY25 dividend of 0.00 cents and EPS of 35.30 cents.
Ord Minnett forecasts a full year FY26 dividend of 0.00 cents and EPS of 33.40 cents.

Macquarie

xx/xx/xxxx

1

xxxxxxx xx xxxxxxxxxx xxxx xxxxxxx

$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

07/03/2025

1

Upgrade to Buy from Hold

$3.40

27.34%

Canaccord Genuity explains it is not upgrading FleetPartners Group to Buy from Hold because of higher earnings growth ahead.

One of the issues that has made the broker cautious previously has been a period where earnings have generated the equivalent of super profits, courtesy of a post-covid boom.

The upgrade is based on the fact this is a well-run company with relatively defensive and predictable earnings and one the largest fleet managers in a rational market that could experience further consolidation.

Canaccord Genuity believes the stock has become too cheap to ignore and maintains an unchanged target at $3.40.

FORECAST
Canaccord Genuity forecasts a full year FY25 dividend of 0.00 cents and EPS of 34.00 cents.
Canaccord Genuity forecasts a full year FY26 dividend of 0.00 cents and EPS of 35.00 cents.
Access Extra Coverage Research History >

FPR STOCK CHART

FNArena News on FPR

1
McMillan Shakespeare Under-Appreciated?

Mar 18 2025 - Small Caps
2
In Case You Missed It – BC Extra Upgrades & Downgrades – 14-03-25

Mar 14 2025 - Weekly Reports
3
Australian Broker Call *Extra* Edition – Mar 10, 2025

Mar 10 2025 - Daily Market Reports
4
Rudi’s View: AGL Energy, Bega Cheese, BRG, Harvey Norman, Imdex & Superloop

Feb 06 2025 - Rudi's View
5
Rudi’s View: Cochlear, Guzman y Gomez, SiteMinder, Wesfarmers & Xero

Jan 30 2025 - Rudi's View

Latest Vehicle Leasing & Salary Packaging News

1
McMillan Shakespeare Under-Appreciated?

Mar 18 2025 - Small Caps
2
EVs And Capital Management Drive FleetPartners

Nov 20 2024 - Small Caps
3
FleetPartners Green Outlook Is Electrifying

May 15 2024 - Small Caps
4
Treasure Chest: Less Uncertainty For SG Fleet

Mar 13 2024 - Treasure Chest
5
Big Win For Smartgroup

Dec 12 2023 - Australia
6
ESG Focus: Here Come The EVs

May 24 2023 - ESG Focus
7
Unpacking The Salary Packaging Sector

Dec 14 2022 - Australia
8
Eclipx Group Cutting Costs, Looking For Catalysts

Nov 09 2022 - Australia
9
Eclipx Group Earnings Driving In The Fast Lane

May 11 2022 - Australia
10
Smartgroup Dashes Offer To Focus On Growth

Oct 26 2021 - Small Caps