Projected Income Statement: SEEK Limited

Forecast Balance Sheet: SEEK Limited

Fiscal Period: June 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt 1 816 1,046 1,058 1,028 940 1,022 999 969
Change - 28.19% 1.15% -2.84% -8.56% 8.78% -2.25% -3%
Announcement Date 8/23/21 8/15/22 8/14/23 8/12/24 8/18/25 - - -
1AUD in Million
Estimates

Cash Flow Forecast: SEEK Limited

Fiscal Period: June 2021 2022 2023 2024 2025 2026 2027 2028
CAPEX 1 137.9 132.9 189.4 169 130 155.6 159 165.3
Change - -3.63% 42.51% -10.77% -23.08% 19.72% 2.17% 3.98%
Free Cash Flow (FCF) 1 208.6 263.7 130.2 159.8 200 213.7 269.4 318.5
Change - 26.41% -50.63% 22.73% 25.16% 6.83% 26.11% 18.22%
Announcement Date 8/23/21 8/15/22 8/14/23 8/12/24 8/18/25 - - -
1AUD in Million
Estimates

Forecast Financial Ratios: SEEK Limited

Fiscal Period: June 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

        
EBITDA Margin (%) 29.77% 45.6% 44.57% 43.25% 41.86% 44.11% 45.1% 46.47%
EBIT Margin (%) 24.49% 37.56% 35.83% 31.39% 28.09% 30.95% 32.65% 35.52%
EBT Margin (%) 8.69% 30.62% 24.14% -3.52% 28.4% 22.38% 25.04% 28%
Net margin (%) 47.28% 15.12% 83.54% -9.31% 22.35% -11.47% 17.11% 19.51%
FCF margin (%) 13.11% 23.62% 10.63% 14.74% 18.23% 17.86% 20.66% 22.21%
FCF / Net Income (%) 27.73% 156.22% 12.72% -158.37% 81.57% -155.66% 120.73% 113.84%

Profitability

        
ROA 3.15% 5.27% 3.98% 1.2% 5.15% 5.95% 7.3% 8.58%
ROE 9.68% 13.48% 8.83% 2.27% 9.29% 7.5% 9.62% 11.95%

Financial Health

        
Leverage (Debt/EBITDA) 1.72x 2.05x 1.94x 2.19x 2.05x 1.94x 1.7x 1.45x
Debt / Free cash flow 3.91x 3.97x 8.13x 6.43x 4.7x 4.78x 3.71x 3.04x

Capital Intensity

        
CAPEX / Current Assets (%) 8.67% 11.9% 15.46% 15.59% 11.85% 13.01% 12.19% 11.53%
CAPEX / EBITDA (%) 29.12% 26.1% 34.68% 36.04% 28.31% 29.49% 27.03% 24.81%
CAPEX / FCF (%) 66.11% 50.4% 145.47% 105.76% 65% 72.84% 59.02% 51.91%

Items per share

        
Cash flow per share 1 0.9743 1.114 0.8958 0.9183 0.921 0.997 1.171 1.315
Change - 14.36% -19.6% 2.51% 0.3% 8.25% 17.49% 12.25%
Dividend per Share 1 0.2 0.44 0.47 0.35 0.46 0.5127 0.5829 0.714
Change - 120% 6.82% -25.53% 31.43% 11.46% 13.69% 22.49%
Book Value Per Share 1 5.202 5.114 7.538 7.261 7.571 7.044 7.129 7.253
Change - -1.7% 47.42% -3.68% 4.27% -6.96% 1.21% 1.75%
EPS 1 2.116 0.475 2.869 -0.283 0.684 -0.327 0.6095 0.7578
Change - -77.55% 504% -109.86% 341.7% -147.81% 286.39% 24.32%
Nbr of stocks (in thousands) 352,715 354,182 354,236 356,218 356,399 356,980 356,980 356,980
Announcement Date 8/23/21 8/15/22 8/14/23 8/12/24 8/18/25 - - -
1AUD
Estimates
2026 *2027 *
P/E -38.6x 20.7x
PBR 1.79x 1.77x
EV / Sales 4.62x 4.22x
Yield 4.07% 4.62%

EPS & Dividend

Y-o-Y evolution of P/E

Year-on-year evolution of the Yield

Trader
Investor
Global
Quality
ESG MSCI
AAA
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
14
Last Close Price
12.61AUD
Average target price
21.54AUD
Spread / Average Target
+70.84%

Quarterly revenue - Rate of surprise

  1. Stock Market
  2. Stocks
  3. SEK Stock
  4. Financials SEEK Limited