ENDEAVOUR GROUP LIMITED (EDV)
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EDV

EDV - ENDEAVOUR GROUP LIMITED

FNArena Sector : Food, Beverages & Tobacco
Year End: June
GICS Industry Group : Food & Staples Retailing
Debt/EBITDA: 3.89
Index: ASX100 | ASX200 | ASX300 | ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$3.31

23 Jun
2026

0.000

OPEN

$3.30

0.000

HIGH

$3.32

2,966,809

LOW

$3.26

TARGET
$3.107 -6.1% downside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
AMC . AVG . CKF . COL . DMP . GYG . ING . LRK . MBH . MTS . RFG . SGLLV . SPG . TWE . WOA . WOW . YOW .
FNARENA'S MARKET CONSENSUS FORECASTS
EDV: 1
Title FY24
Actual
FY25
Actual
FY26
Forecast
FY27
Forecast
EPS (cps) xxx 23.8 20.6 xxx
DPS (cps) xxx 18.8 14.2 xxx
EPS Growth xxx - 16.8% - 13.4% xxx
DPS Growth xxx - 13.8% - 24.4% xxx
PE Ratio xxx N/A 16.0 xxx
Dividend Yield xxx N/A 4.3% xxx
Div Pay Ratio(%) xxx 79.0% 69.0% xxx

Dividend yield today if purchased 3 years ago: 3.00%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

5.71

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: 07/03 - ex-div 12.50c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2026 FactSet UK Limited. All rights reserved
Title 202020212022202320242025
EPS Basic 18.324.927.629.528.623.8
DPS All 0.07.020.221.821.818.8
Sales/Revenue 10,624.0 M11,595.0 M11,597.0 M11,884.0 M12,309.0 M12,058.0 M
Book Value Per Share -189.2199.3207.1210.6214.1
Net Operating Cash Flow 1,033.0 M1,114.0 M953.0 M769.0 M1,212.0 M1,152.0 M
Net Profit Margin 3.09 %3.84 %4.27 %4.45 %4.16 %3.53 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202020212022202320242025
Return on Capital Employed --14.23 %14.54 %13.69 %11.20 %
Return on Invested Capital --6.52 %5.97 %5.46 %4.54 %
Return on Assets --4.58 %4.70 %4.37 %3.62 %
Return on Equity --14.23 %14.54 %13.69 %11.20 %
Return on Total Capital --9.95 %10.48 %10.30 %9.02 %
Free Cash Flow ex dividends 745.0 M828.0 M367.0 M-33.0 M403.0 M460.0 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 -2,143 M435 M522 M368 M350 M
Long Term Debt -3,350 M4,883 M5,566 M5,697 M5,467 M
Total Debt -5,493 M5,318 M6,088 M6,065 M5,817 M
Goodwill - Gross -1,714 M1,743 M1,783 M1,808 M1,813 M
Cash & Equivalents - Generic -437 M294 M290 M293 M318 M
Price To Book Value -3.223.743.032.401.87

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202020212022202320242025
Capex 288.0 M279.0 M285.0 M408.0 M419.0 M334.0 M
Capex % of Sales 2.71 %2.41 %2.46 %3.43 %3.40 %2.77 %
Cost of Goods Sold -7,928 M7,967 M7,864 M8,056 M7,832 M
Selling, General & Admin. Exp & Other 9,452 M2,801 M2,746 M3,041 M3,242 M3,347 M
Research & Development ------
Investments - Total -89 M68 M71 M45 M31 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

0.1

No. Of Recommendations

7
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Morgan Stanley

xx/xx/xxxx

3

xxxxx-xxxxxx

$xx.xx

xx.xx%

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Citi

xx/xx/xxxx

1

xxxxxxx xx xxx xxxx xxxxxxx

$xx.xx

xx.xx%

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Macquarie

xx/xx/xxxx

5

xxxxxxxxxxxx

$xx.xx

xx.xx%

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Morgans

29/05/2026

3

Hold

$2.80

-15.41%

Management highlighted at the Endeavour Group Investor Day the view around the current operating business model as being far too complicated and bureaucratic. A cost reduction of $300m is targeted for by FY29 including $100m in FY27, Morgans highlights.

Changes include "right-sizing" labour, better productivity, simplification of processes and streamlining supply chains.

The dividend payout ratio has been changed to a 50%-75% payout from 70%-75% for better funding optionality. Management is also selling the non-core winery and vineyard assets which opens up the capacity to focus on high-performing brands.

EPS forecasts are tweaked lower with the target price downgraded to $2.80 from $3.30. A Hold rating is retained.

FORECAST
Morgans forecasts a full year FY26 dividend of 14.00 cents and EPS of 21.00 cents.
Morgans forecasts a full year FY27 dividend of 13.00 cents and EPS of 21.00 cents.

UBS

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Ord Minnett

xx/xx/xxxx

4

xxxxxxx

$xx.xx

xx.xx%

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Bell Potter

xx/xx/xxxx

1

xxx

$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

07/05/2026

4

Underweight

$3.20

-3.32%

Jarden retains an Underweight rating for Endeavour Group and raises the target price to $3.20 from $3.10 following adjustments to risk-free rate assumptions.

The broker cut earnings per share forecasts by -7% over the next two years reflecting softer sales trends across retail and hotels during March and April.

Margin pressures continue to build due to a higher promotional mix and rising fuel costs, while a $400m increase in inventory will generate incremental annual interest expenses.

A $100m net cost-out target for FY27 provides some offset, but the report notes rising competition, rent step-ups, and structural declines in liquor consumption remain significant headwinds.

The upcoming strategy day will be closely watched for plans to profitably grow market share, lift returns on invested capital, and transform into an integrated entertainment business.

FORECAST
Jarden forecasts a full year FY26 dividend of 13.80 cents and EPS of 19.80 cents.
Jarden forecasts a full year FY27 dividend of 16.00 cents and EPS of 21.90 cents.

EDV STOCK CHART