COMPUTERSHARE LIMITED (CPU)
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CPU

CPU - COMPUTERSHARE LIMITED

FNArena Sector : Diversified Financials
Year End: June
GICS Industry Group : Software & Services
Debt/EBITDA: 1.6
Index: ASX50 | ASX100 | ASX200 | ASX300 | ALL-ORDS | ALL-TECH

Computershare primarily provides shareholder registration and related services to companies listed on stock markets in multiple countries. It has expanded into mortgage loan servicing and tenant deposit services in the UK and the US. It was founded in 1978 and listed on the ASX in 1994.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$28.39

24 Mar
2026

0.130

OPEN

$28.55

0.46%

HIGH

$28.96

1,544,350

LOW

$28.17

TARGET
$35.61

-0.51 change from previous day

25.4% upside
Franking for last dividend paid out: 30%
OTHER COMPANIES IN THE SAME SECTOR
B4P . BFG . CCL . CCR . CNI . CVC . EQT . EZL . FID . HMY . LFG . OBL . OFX . SGH . SOL .
FNARENA'S MARKET CONSENSUS FORECASTS
CPU: 1
Title FY26
Forecast
FY27
Forecast
EPS (cps) 219.2 xxx
DPS (cps) 116.5 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio 12.8 xxx
Dividend Yield 4.2% xxx
Div Pay Ratio(%) 53.2% xxx
This company reports in USD.
All estimates have been converted into AUD by FNArena at present FX values.

Dividend yield today if purchased 3 years ago: 4.48%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

3.32

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: 19/08 - ex-div 48.00c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2026 FactSet UK Limited. All rights reserved
Title 202020212022202320242025
EPS Basic xxxxxxxxxxxxxxx159.7
DPS All xxxxxxxxxxxxxxx93.0
Sales/Revenue xxxxxxxxxxxxxxx4,733.0 M
Book Value Per Share xxxxxxxxxxxxxxx567.8
Net Operating Cash Flow xxxxxxxxxxxxxxx1,271.8 M
Net Profit Margin xxxxxxxxxxxxxxx19.74 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202020212022202320242025
Return on Capital Employed xxxxxxxxxxxxxxx30.14 %
Return on Invested Capital xxxxxxxxxxxxxxx16.36 %
Return on Assets xxxxxxxxxxxxxxx11.67 %
Return on Equity xxxxxxxxxxxxxxx30.14 %
Return on Total Capital xxxxxxxxxxxxxxx26.81 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx756.0 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 202020212022202320242025
Short-Term Debt xxxxxxxxxxxxxxx341 M
Long Term Debt xxxxxxxxxxxxxxx2,590 M
Total Debt xxxxxxxxxxxxxxx2,932 M
Goodwill - Gross xxxxxxxxxxxxxxx3,025 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx1,916 M
Price To Book Value xxxxxxxxxxxxxxx7.03

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202020212022202320242025
Capex xxxxxxxxxxxxxxx67.3 M
Capex % of Sales xxxxxxxxxxxxxxx1.42 %
Cost of Goods Sold xxxxxxxxxxxxxxx2,980 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx169 M
Research & Development xxxxxxxxxxxxxxx169 M
Investments - Total xxxxxxxxxxxxxxx90 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

0.2

No. Of Recommendations

5
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Ord Minnett

xx/xx/xxxx

3

xxxxxxxxx xx xxxx xxxx xxxxxxxxxx

$xx.xx

xx.xx%

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Morgan Stanley

xx/xx/xxxx

3

xxxxxxx xx xxxxx-xxxxxx xxxx xxxxxxxxxxx

$xx.xx

xx.xx%

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Macquarie

12/02/2026

3

Neutral

$36.00

26.81%

Macquarie suggests Computershare delivered a positive 1H26 result, with improved FY26 guidance for margin income and EBIT and EPS guidance lifted by around 290bps.

Dividends beat expectations at 55cps (30% franked), reflecting a 53% payout ratio, with expectations for this to continue in 2H26.

Macquarie highlights a $21.8m cost-out achieved in 1H26, comprising $16.5m from operating expenses and $5.3m from revenue synergies.

At current levels Macquarie believes Computershares valuation is fair, and will watch equity and debt market volumes before becoming more bullish on the stock. Neutral and $36 target retained.

FORECAST
Macquarie forecasts a full year FY26 dividend of 119.34 cents and EPS of 219.60 cents.
Macquarie forecasts a full year FY27 dividend of 110.86 cents and EPS of 221.72 cents.

Citi

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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UBS

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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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

Jarden

18/03/2026

4

Underweight

$30.00

5.67%

The Nasdaq exchange has announced an equity token design integrating blockchain records into the issuer’s official share registry, with token transfers carrying full legal equivalence to underlying securities.

Computershare faces emerging structural risks from exchange-led tokenisation, with Jarden noting Nasdaq’s initiative signals a shift from theory to active execution.

Exchanges are positioning at the centre of tokenised markets, creating growth opportunities while increasing competitive pressure on transfer agents, the analysts explain.

Medium-term risks to Computershare’s revenue streams are anticipated, including corporate actions and transaction fees, as digital infrastructure evolves.

The broker notes near-term protection from existing relationships but longer-term disruption risk building.

Underweight rating and target of $30.00 maintained.

FORECAST
Jarden forecasts a full year FY26 dividend of 116.90 cents and EPS of 219.90 cents.
Jarden forecasts a full year FY27 dividend of 118.30 cents and EPS of 222.47 cents.

CPU STOCK CHART