SG FLEET GROUP LIMITED (SGF)
Share Price Analysis and Chart

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SGF - SG FLEET GROUP LIMITED

FNArena Sector : Vehicle Leasing & Salary Packaging
Year End: June
GICS Industry Group : Commercial & Professional Services
Debt/EBITDA: 19.09
Index: ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$2.45

22 Sep
2023

0.020

OPEN

$2.44

0.82%

HIGH

$2.45

75,592

LOW

$2.41

TARGET
$2.935 19.8% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
FPR . MMS . SIQ .
FNARENA'S MARKET CONSENSUS FORECASTS
SGF: 1
Title FY22
Actual		 FY23
Actual		 FY24
Forecast		 FY25
Forecast
EPS (cps) xxx 22.0 23.2 xxx
DPS (cps) xxx 16.2 16.0 xxx
EPS Growth xxx 21.1% 5.5% xxx
DPS Growth xxx 7.0% - 1.4% xxx
PE Ratio xxx N/A 10.6 xxx
Dividend Yield xxx N/A 6.5% xxx
Div Pay Ratio(%) xxx 73.6% 68.8% xxx

Dividend yield today if purchased 3 years ago: 9.41%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 6.61

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 7.27c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2023 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx22.0
DPS All xxxxxxxxxxxxxxx16.2
Sales/Revenue xxxxxxxxxxxxxxx717.6 M
Book Value Per Share xxxxxxxxxxxxxxx167.8
Net Operating Cash Flow xxxxxxxxxxxxxxx17.9 M
Net Profit Margin xxxxxxxxxxxxxxx10.49 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx13.39 %
Return on Invested Capital xxxxxxxxxxxxxxx4.57 %
Return on Assets xxxxxxxxxxxxxxx2.76 %
Return on Equity xxxxxxxxxxxxxxx13.39 %
Return on Total Capital xxxxxxxxxxxxxxx-7.36 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-43.0 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 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx520 M
Long Term Debt xxxxxxxxxxxxxxx1,103 M
Total Debt xxxxxxxxxxxxxxx1,623 M
Goodwill - Gross xxxxxxxxxxxxxxx524 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx260 M
Price To Book Value xxxxxxxxxxxxxxx1.37

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx12.7 M
Capex % of Sales xxxxxxxxxxxxxxx1.76 %
Cost of Goods Sold xxxxxxxxxxxxxxx830 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx45 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx49 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

1.0

No. Of Recommendations

2
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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

24/08/2023

1

Overweight

$2.90

18.37%

Thanks to broad demand tailwinds, FY23 results for SG Fleet beat Morgan Stanley's expectations with orders resilient in Fleet and accelerating in Novated, assisted by electric vehicle demand in both divisions.

Profit (NPATA) of $85.1m for FY23 exceeded the broker's $82m forecast, while cash conversion was solid and de-leveraging continued.

Management noted the LeasePlan integration is mostly on track, albeit most of the $20m in synergies were pushed out 
into FY26 from FY25.

Overweight rating. Target $2.90. Industry View: In-line. 

FORECAST
Morgan Stanley forecasts a full year FY24 dividend of 15.40 cents and EPS of 21.00 cents.
Morgan Stanley forecasts a full year FY25 EPS of 24.00 cents.
Access Stockbroker Research History >

SGF STOCK CHART

FNArena News on SGF

1
Rudi’s Views: August 2023 – Winners & Losers

Sep 13 2023 - Rudi's View
2
FNArena Corporate Results Monitor – 24-08-2023

Aug 24 2023 - Australia
3
ESG Focus: Here Come The EVs

May 24 2023 - ESG Focus
4
ESG Focus: Tough Season But Winners Grin

Mar 24 2023 - ESG Focus
5
Rudi’s View: February Trends, Winners, Signals & Losers

Mar 08 2023 - Rudi's View

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