PEXA GROUP LIMITED (PXA)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

PXA - PEXA GROUP LIMITED

FNArena Sector : Real Estate
Year End: June
GICS Industry Group : Real Estate
Debt/EBITDA: 3.47
Index: ASX200 | ASX300 | ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$11.60

25 Sep
2023

0.230

OPEN

$11.30

2.02%

HIGH

$11.61

233,391

LOW

$11.22

TARGET
$14.85 28.0% upside
OTHER COMPANIES IN THE SAME SECTOR
APZ . DGH . DHG . HMC . MEA . REA . RMY . UBN .
FNARENA'S MARKET CONSENSUS FORECASTS
PXA: 1
Title FY22
Actual		 FY23
Actual		 FY24
Forecast		 FY25
Forecast
EPS (cps) xxx - 12.3 27.5 xxx
DPS (cps) xxx 0.0 0.0 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A 42.2 xxx
Dividend Yield xxx N/A 0.0% xxx
Div Pay Ratio(%) xxx N/A 0.0% xxx

Dividend yield today if purchased 3 years ago: N/A

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 0.00

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
HISTORICAL DATA ARE ALL IN AUD
Copyright © 2023 FactSet UK Limited. All rights reserved
Title 20192020202120222023
EPS Basic xxxxxxxxxxxx-12.3
DPS All xxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxx281.7 M
Book Value Per Share xxxxxxxxxxxx700.6
Net Operating Cash Flow xxxxxxxxxxxx83.2 M
Net Profit Margin xxxxxxxxxxxx-7.75 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 20192020202120222023
Return on Capital Employed xxxxxxxxxxxx-1.74 %
Return on Invested Capital xxxxxxxxxxxx-1.40 %
Return on Assets xxxxxxxxxxxx-1.20 %
Return on Equity xxxxxxxxxxxx-1.74 %
Return on Total Capital xxxxxxxxxxxx0.73 %
Free Cash Flow ex dividends xxxxxxxxxxxx81.0 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 20192020202120222023
Short-Term Debt xxxxxxxxxxxx2 M
Long Term Debt xxxxxxxxxxxx304 M
Total Debt xxxxxxxxxxxx306 M
Goodwill - Gross xxxxxxxxxxxx719 M
Cash & Equivalents - Generic xxxxxxxxxxxx37 M
Price To Book Value xxxxxxxxxxxx1.94

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 20192020202120222023
Capex xxxxxxxxxxxx74.6 M
Capex % of Sales xxxxxxxxxxxx26.49 %
Cost of Goods Sold xxxxxxxxxxxx112 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxx159 M
Research & Development xxxxxxxxxxxx51 M
Investments - Total xxxxxxxxxxxx32 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

0.9

No. Of Recommendations

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

Ord Minnett

xx/xx/xxxx

2

xxxxxxxxxx xx xxxxxxxx xxxx xxxxxxxxxx

$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

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

28/08/2023

1

Add

$14.40

24.14%

A higher tax rate and a higher depreciation and amortisation charge than expected resulted in a FY23 profit (NPATA) miss for Pexa Group compared to Morgans forecasts.

The broker assesses a solid performance from the PEXA core Exchange in the face of revenue headwinds. While reasonable success in the UK is not fully captured in the current share price, the UK expansion is taking a bit longer than expected.

Management is aiming for further productivity enhancements, targeting operating cost growth less than or equal to inflation levels.

The share price is currently trading at a -20% discount to Morgans valuation, so an Add rating is retained. The target falls to $14.40 from $15.07 on the adoption of more conservative estimates across all business streams.

FORECAST
Morgans forecasts a full year FY24 dividend of 0.00 cents and EPS of 31.20 cents.
Morgans forecasts a full year FY25 dividend of 0.00 cents and EPS of 41.20 cents.

Macquarie

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

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
Access Stockbroker Research History >

PXA STOCK CHART

FNArena News on PXA

1
Australian Broker Call *Extra* Edition – Sep 11, 2023

Sep 11 2023 - Daily Market Reports
2
Australian Broker Call *Extra* Edition – Sep 07, 2023

Sep 07 2023 - Daily Market Reports
3
Australian Broker Call *Extra* Edition – Sep 04, 2023

Sep 04 2023 - Daily Market Reports
4
FNArena Corporate Results Monitor – 28-08-2023

Aug 28 2023 - Australia
5
Australian Broker Call *Extra* Edition – Aug 09, 2023

Aug 09 2023 - Daily Market Reports

Latest Real Estate News

1
Weak Listings Not Insurmountable For REA Group

Feb 14 2023 - Australia
2
REA Group Heading Higher

Aug 16 2022 - Technicals
3
ESG Focus: Will Your Property Be Uninsurable By 2030?

May 05 2022 - ESG Focus
4
Can REA Group Stay The FY22 Course?

Feb 07 2022 - Australia
5
Is Valuation The Issue Now For REA Group?

Nov 08 2021 - Australia
6
REA: Wait For Lower Entry Point

Aug 17 2021 - Technicals
7
REA Group: Upside Break?

May 04 2021 - Technicals
8
REA Group Instils Confidence, Valuation Not So

Feb 08 2021 - Australia
9
Australian Broker Call *Extra* Edition – Sep 16, 2020

Sep 16 2020 - Daily Market Reports
10
Tailwinds Strengthening For REA Group

Aug 10 2020 - Australia