CHALLENGER LIMITED (CGF)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

CGF - CHALLENGER LIMITED

Year End: June
GICS Industry Group : Diversified Financials
Debt/EBITDA: N/A
Index: ASX100 | ASX200 | ASX300 | ALL-ORDS

Challenger Ltd is an Australian financial company that specialises in superannuation and annuities. It claims to be Australia's largest guaranteed income provider. Founded in 1985 it was listed in 2003.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$7.11

28 Mar
2024

0.110

OPEN

$7.06

1.57%

HIGH

$7.17

1,386,139

LOW

$7.05

TARGET
$7.158 0.7% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
AEF . AMP . ASX . AVC . BVS . CVW . ENN . GDC . GDG . GQG . HMC . HUB . IFL . IRE . KAM . KSL . LNK . MAF . MFG . MQG . NGI . NWL . PAC . PNI . PPS . PPT . PTM . QAL . RPL . RZI .
FNARENA'S MARKET CONSENSUS FORECASTS
CGF: 1
Title FY22
Actual
FY23
Actual
FY24
Forecast
FY25
Forecast
EPS (cps) xxx N/A 47.3 xxx
DPS (cps) xxx N/A 26.3 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A 15.0 xxx
Dividend Yield xxx N/A 3.7% xxx
Div Pay Ratio(%) xxx N/A 55.7% xxx

Dividend yield today if purchased 3 years ago: 3.75%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

3.38

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: 20/02 - ex-div 13c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx42.2
DPS All xxxxxxxxxxxxxxx24.0
Sales/Revenue xxxxxxxxxxxxxxx2,229.9 M
Book Value Per Share xxxxxxxxxxxxxxx608.4
Net Operating Cash Flow xxxxxxxxxxxxxxx1,273.6 M
Net Profit Margin xxxxxxxxxxxxxxx13.25 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx7.25 %
Return on Invested Capital xxxxxxxxxxxxxxx5.28 %
Return on Assets xxxxxxxxxxxxxxx0.97 %
Return on Equity xxxxxxxxxxxxxxx7.25 %
Return on Total Capital xxxxxxxxxxxxxxx11.04 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx1,143.2 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 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx4,492 M
Long Term Debt xxxxxxxxxxxxxxx1,399 M
Total Debt xxxxxxxxxxxxxxx5,891 M
Goodwill - Gross xxxxxxxxxxxxxxx580 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx593 M
Price To Book Value xxxxxxxxxxxxxxx1.07

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx7.9 M
Capex % of Sales xxxxxxxxxxxxxxx0.35 %
Cost of Goods Sold xxxxxxxxxxxxxxx-
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx388 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx28,563 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

0.0

No. Of Recommendations

6
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Ord Minnett

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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

Morgans

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

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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

Citi

14/02/2024

5

Sell

$6.65

-6.47%

On closer examination of yesterday's in-line December-half results (with a slight beat on profit), Citi upgrades Challenger's earnings and target price.

The broker feels the market may appreciate FY24 guidance, which is now expected to reach the top half of the original range based on continued momentum in Life, as well as an improved 2H for Funds Management.

Cash operating earnings (COE) for Life of $360m exceeded the consensus forecast for $355m.

Funds Management earnings (EBIT) of $29m were -7% below the analyst's $31m estimate, due mainly to a lower contribution from CIP Asset Management as margins fell, although late inflows indicate a better 2H result.

EPS forecasts rise 4% in FY24; and 5% in FY25 and FY26.

Sell rating retained, the broker expecting tighter interest rates will come home to roost. Target price rises to $6.65 from $6.05.

FORECAST
Citi forecasts a full year FY24 dividend of 26.00 cents and EPS of 37.60 cents.
Citi forecasts a full year FY25 dividend of 27.00 cents and EPS of 59.00 cents.

UBS

xx/xx/xxxx

3

xxxxxxx

$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

3

xxxxx-xxxxxx

$xx.xx

xx.xx%

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

CGF STOCK CHART