Risk factor
Limited default risk
Profitability factor
Very strong margins and returns
About
Smartgroup Corporation Ltd, an Australian company, specializes in delivering comprehensive employee management solutions. The firm's operations are divided into three primary segments: Outsourced Administration (OA), Vehicle Services (VS), and Software, Distribution, and Group Services (SDGS). The OA division provides clients with outsourced salary packaging, novated leasing, and payroll management. Its VS segment offers complete end-to-end fleet management services. Meanwhile, the SDGS segment develops salary packaging software, markets associated debit cards, and distributes vehicle insurance, alongside providing workforce management software tailored for the healthcare industry. Smartgroup caters to a diverse clientele, including not-for-profit organizations (serving community and charity workers), the education sector (assisting teachers and administrative staff), the health industry (supporting nurses and clinical personnel), government bodies, and various corporate enterprises. Established in 1999, Smartgroup Corporation Ltd is headquartered in Sydney, Australia.
Company Valuation
Considering past and projected metrics, the stock is 'expensive' compared to its peers. Specifically, the stock is fairly valued on P/E, neutral on EV/EBITDA, reasonably
Target Price
The average target price of SIQ.AX is 10.2 and suggests 19.7% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to