REA GROUP LIMITED (REA)
Share Price Analysis and Chart

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REA - REA GROUP LIMITED

FNArena Sector : Real Estate
Year End: June
GICS Industry Group : Media
Debt/EBITDA: 0.63
Index: ASX100 | ASX200 | ASX300 | ALL-ORDS | ALL-TECH

REA Group is a global online real estate advertising company. The company was founded in 1995 and listed on the ASX with the help of News Ltd in 1999. The latter is still the largest shareholder with a circa 60% equity stake. REA Group is the domestic number one and runs similar assets in the US and countries in Asia.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$156.51

27 Sep
2023

-0.260

OPEN

$155.55

-0.17%

HIGH

$156.58

204,808

LOW

$154.87

TARGET
$160.317 2.4% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
APZ . DGH . DHG . HMC . MEA . PXA . RMY . UBN .
FNARENA'S MARKET CONSENSUS FORECASTS
REA: 1
Title FY22
Actual		 FY23
Actual		 FY24
Forecast		 FY25
Forecast
EPS (cps) xxx 269.7 352.9 xxx
DPS (cps) xxx 158.0 198.9 xxx
EPS Growth xxx - 7.4% 30.9% xxx
DPS Growth xxx - 3.7% 25.9% xxx
PE Ratio xxx N/A 43.7 xxx
Dividend Yield xxx N/A 1.3% xxx
Div Pay Ratio(%) xxx 58.6% 56.4% xxx

Dividend yield today if purchased 3 years ago: 1.45%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 1.02

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: 31/08 - ex-div 83c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2023 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx269.7
DPS All xxxxxxxxxxxxxxx158.0
Sales/Revenue xxxxxxxxxxxxxxx1,392.4 M
Book Value Per Share xxxxxxxxxxxxxxx1,110.2
Net Operating Cash Flow xxxxxxxxxxxxxxx472.7 M
Net Profit Margin xxxxxxxxxxxxxxx25.57 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx25.72 %
Return on Invested Capital xxxxxxxxxxxxxxx19.57 %
Return on Assets xxxxxxxxxxxxxxx13.71 %
Return on Equity xxxxxxxxxxxxxxx25.72 %
Return on Total Capital xxxxxxxxxxxxxxx29.08 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx248.5 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 xxxxxxxxxxxxxxx11 M
Long Term Debt xxxxxxxxxxxxxxx393 M
Total Debt xxxxxxxxxxxxxxx403 M
Goodwill - Gross xxxxxxxxxxxxxxx830 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx260 M
Price To Book Value xxxxxxxxxxxxxxx12.88

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx117.6 M
Capex % of Sales xxxxxxxxxxxxxxx8.45 %
Cost of Goods Sold xxxxxxxxxxxxxxx756 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx88 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx643 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

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

Morgan Stanley

xx/xx/xxxx

1

xxxxxxx xx xxxxxxxxxx xxxx xxxxx-xxxxxx

$xx.xx

xx.xx%

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Macquarie

xx/xx/xxxx

3

xxxxxxx xx xxxxxxx xxxx xxxxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
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Morgans

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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UBS

14/08/2023

3

Neutral

$162.40

3.76%

Results were in line or marginally ahead of estimates in FY23 and going forward, UBS is confident in REA Group's ability to deliver 16% underlying yield growth. The broker raises FY24-26 estimates for revenue and EBITDA by an average of 2.5%.

July has started better than UBS expected, with volumes down -5% year-on-year and Sydney/Melbourne up 9%. For now, a 1% volume growth forecast is maintained, assuming rising investor selling activity is slightly offset by by homeowners being less eager to sell.

Neutral maintained. Target rises to $162.40 from $149.10.

FORECAST
UBS forecasts a full year FY24 dividend of 179.00 cents and EPS of 326.00 cents.
UBS forecasts a full year FY25 dividend of 222.00 cents and EPS of 403.00 cents.

Ord Minnett

xx/xx/xxxx

4

xxxxxxx

$xx.xx

xx.xx%

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Login above or Get a Free Trial

Citi

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Access Stockbroker Research History >

REA STOCK CHART

FNArena News on REA

1
Rudi’s Comprehensive August 2023 Review

Sep 21 2023 - Feature Stories
2
Rudi’s View: Navigating The Post-August Complexities

Sep 20 2023 - Rudi's View
3
Rudi’s Views: August 2023 – Winners & Losers

Sep 13 2023 - Rudi's View
4
Rudi’s View: Resilience Shines, Forecasts Slide

Aug 23 2023 - Rudi's View
5
Weekly Ratings, Targets, Forecast Changes – 18-08-23

Aug 21 2023 - Weekly 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