Risk factor
Modest price volatility
Profitability factor
Overvalued vs peers
About
AUB Group Limited operates as an entity specializing in insurance broking and underwriting across Australia and New Zealand. The company delivers insurance brokerage and advisory services, primarily targeting small and medium-sized enterprises (SMEs), while also distributing ancillary products. Furthermore, it is involved in the creation, distribution, and administration of insurance policies for various licensed insurance providers. AUB offers a range of support services, including loss assessment, investigations, claims handling, and legal support for claims. Its technological provisions encompass automated quoting and policy binding, white-labelling solutions, and general technical assistance, notably through its ExpressCover service and BizCover, a multi-channel digital insurance platform for SMEs that features a wide array of insurance offerings. Founded in 1885 and based in North Sydney, Australia, the company was formerly known as Austbrokers Holdings Limited before officially changing its name to AUB Group Limited in November 2015.
Company Valuation
Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers. Specifically, the stock is 'expensive' on P/E, neutral on EV/EBITD
Target Price
The average target price of AUB.AX is 33.7 and suggests 11.3% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendat