SEEK LIMITED (SEK)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

SEK - SEEK LIMITED

FNArena Sector : Jobs & Skilled Labour Services
Year End: June
GICS Industry Group : Commercial & Professional Services
Index: ASX100 | ASX200 | ASX300 | ALL-ORDS | ALL-TECH

Seek Ltd is an online employment agency matching jobseekers with employment opportunities in several countries. It also provides training and higher education courses. Seek became a listed company in 2005 and is market leader in Australia. It owns Zhaopin in China.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$23.06

05 Dec
2022

-0.110

OPEN

$23.12

-0.47%

HIGH

$23.14

655,518

LOW

$22.71

TARGET
$29.883 29.6% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
PPE . SIO . MIL . LVH . ELO . XF1 . APM .
FNARENA'S MARKET CONSENSUS FORECASTS
SEK: 1
Title FY21
Actual		 FY22
Actual		 FY23
Forecast		 FY24
Forecast
EPS (cps) xxx 47.7 70.1 xxx
DPS (cps) xxx 44.0 38.6 xxx
EPS Growth xxx 36.6% 46.9% xxx
DPS Growth xxx 10.0% - 12.3% xxx
PE Ratio xxx N/A 32.9 xxx
Dividend Yield xxx N/A 1.7% xxx
Div Pay Ratio(%) xxx 92.2% 55.1% xxx

Dividend yield today if purchased 3 years ago: 1.99%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 1.91

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: 07/09 - ex-div 21c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2022 FactSet UK Limited. All rights reserved
Title 201720182019202020212022
EPS Basic xxxxxxxxxxxxxxx47.7
DPS All xxxxxxxxxxxxxxx44.0
Sales/Revenue xxxxxxxxxxxxxxx1,116.5 M
Book Value Per Share xxxxxxxxxxxxxxx513.3
Net Operating Cash Flow xxxxxxxxxxxxxxx396.6 M
Net Profit Margin xxxxxxxxxxxxxxx21.57 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201720182019202020212022
Return on Capital Employed xxxxxxxxxxxxxxx13.23 %
Return on Invested Capital xxxxxxxxxxxxxxx7.53 %
Return on Assets xxxxxxxxxxxxxxx5.17 %
Return on Equity xxxxxxxxxxxxxxx13.23 %
Return on Total Capital xxxxxxxxxxxxxxx11.11 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx223.8 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

This is work in progress. Bear with us. It'll be amazing.

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.7

No. Of Recommendations

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

UBS

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

Credit Suisse

xx/xx/xxxx

1

xxxxxxxxxx

$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

xxxxxxx xx xxx xxxx xxxx

$xx.xx

xx.xx%

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

Macquarie

17/08/2022

5

Underperform

$20.00

(07/09/2022)

-13.27%

Having delivered an in-line earnings result in FY22, Macquarie notes Seek has taken a strong outlook on FY23, with financials assuming 8% job ad volume growth in Australia and New Zealand, which the broker finds to be optimistic.

The company guided to earnings of $560-590m in the coming year, materially above Macquarie's forecasts given the broker continues to anticipate a mild recession from the second half of FY23 and anticipates volume declines of -3%, but Macquarie does expect dynamic pricing to benefit the company.

Earnings per share forecasts upgraded 6%, 8% and 6% through to FY25. The Underperform rating is retained and the target price increases to $22.00 from $19.00.

FORECAST
Macquarie forecasts a full year FY23 dividend of 30.00 cents and EPS of 59.90 cents.
Macquarie forecasts a full year FY24 dividend of 43.00 cents and EPS of 69.30 cents.

Morgan Stanley

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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

Ord Minnett

xx/xx/xxxx

1

xxxxxxx xx xxx xxxx xxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial
Access Stockbroker Research History >

SEK STOCK CHART

FNArena News on SEK

1
Rudi’s View: Regrets, 2022 Delivered A Few

Dec 01 2022 - Rudi's View
2
Rudi’s View: Preparing For Bear Phase II

Nov 24 2022 - Rudi's View
3
Australian Broker Call *Extra* Edition – Nov 23, 2022

Nov 23 2022 - Daily Market Reports
4
Rudi’s View: More Choice For Income Hunters

Nov 10 2022 - Rudi's View
5
Rudi’s View: Technology’s Moment Of Truth

Nov 03 2022 - Rudi's View

Latest Jobs & Skilled Labour Services News

1
Seek’s Underrated Pricing Switch

Mar 17 2022 - Australia
2
Elmo Software: Progress And Accounting

Feb 17 2022 - Australia
3
Rocky Self-Funding Pathway For Elmo Software

Aug 10 2021 - Australia
4
The Evolving Recruitment Game

Jun 30 2021 - Weekly Reports
5
People Infrastructure Emerges With Growth

Mar 05 2021 - Small Caps
6
My Up Close And Personal View On ELMO Software

Aug 19 2020 - FYI
7
Seek Reassures Market Re Current Strategy

Aug 14 2020 - Australia
8
Buoyant Outlook For People Infrastructure

Sep 04 2019 - Small Caps
9
ESG Focus: Executive Remuneration In The Spotlight

Aug 01 2019 - ESG Focus
10
People Infra Raises Profile In Healthcare

Jul 03 2019 - Small Caps