Latest news with #SuperRetailGroup
Yahoo
11-05-2025
- Business
- Yahoo
Top ASX Dividend Stocks To Consider In May 2025
As the ASX200 opens slightly higher amid optimism from a new US-UK trade deal framework, Australian investors are keeping a close eye on dividend stocks that can offer stability in uncertain times. In this environment, stocks with consistent dividend payouts and strong financial health become particularly attractive for those seeking reliable income streams. Name Dividend Yield Dividend Rating Bisalloy Steel Group (ASX:BIS) 9.73% ★★★★★☆ IPH (ASX:IPH) 7.51% ★★★★★☆ Accent Group (ASX:AX1) 6.70% ★★★★★☆ Sugar Terminals (NSX:SUG) 8.28% ★★★★★☆ Super Retail Group (ASX:SUL) 8.42% ★★★★★☆ MFF Capital Investments (ASX:MFF) 3.90% ★★★★★☆ Nick Scali (ASX:NCK) 3.23% ★★★★★☆ Lycopodium (ASX:LYL) 7.18% ★★★★★☆ Lindsay Australia (ASX:LAU) 6.58% ★★★★★☆ Fiducian Group (ASX:FID) 4.41% ★★★★★☆ Click here to see the full list of 31 stocks from our Top ASX Dividend Stocks screener. Below we spotlight a couple of our favorites from our exclusive screener. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Macquarie Group Limited is a diversified financial services company operating across Australia, New Zealand, the Americas, Europe, the Middle East, Africa, and Asia with a market cap of A$73.99 billion. Operations: Macquarie Group Limited generates revenue through its diversified financial services operations across various regions, including Australia, New Zealand, the Americas, Europe, the Middle East, Africa, and Asia. Dividend Yield: 3.2% Macquarie Group's recent announcement of a FY25 final ordinary dividend of A$3.90 per share, contributing to a total FY25 dividend of A$6.50 per share, reflects a payout ratio within its policy range of 50-70%. Despite an increase in net income to A$3.72 billion, the company's dividends have been unreliable and volatile over the past decade. Additionally, with 57% of liabilities from higher-risk funding sources and a low allowance for bad loans, caution is advised for dividend-focused investors. Take a closer look at Macquarie Group's potential here in our dividend report. Our expertly prepared valuation report Macquarie Group implies its share price may be too high. Simply Wall St Dividend Rating: ★★★★★☆ Overview: Nick Scali Limited, with a market cap of A$1.59 billion, is involved in sourcing and retailing household furniture and related accessories across Australia, the United Kingdom, and New Zealand. Operations: Nick Scali Limited generates revenue primarily from its retailing of furniture segment, which amounts to A$492.63 million. Dividend Yield: 3.2% Nick Scali offers a stable dividend profile with its payments reliably covered by earnings (78.2% payout ratio) and cash flows (63.7% cash payout ratio). Over the past decade, dividends have increased steadily, although the current yield of 3.23% is below top-tier Australian payers. The stock trades at a discount to its estimated fair value, suggesting potential upside. Recent executive changes include Kylie Archer's appointment as CFO, following Sheila Lines' retirement announcement after her strategic contributions to the company's UK expansion. Delve into the full analysis dividend report here for a deeper understanding of Nick Scali. Our valuation report unveils the possibility Nick Scali's shares may be trading at a premium. Simply Wall St Dividend Rating: ★★★★★☆ Overview: Sugar Terminals Limited offers storage and handling solutions for bulk sugar and other commodities in Australia, with a market cap of A$356.40 million. Operations: Sugar Terminals Limited generates revenue primarily from the sugar industry, amounting to A$115.01 million. Dividend Yield: 8.3% Sugar Terminals Limited's dividend yield of 8.28% ranks in the top 25% among Australian payers, yet its sustainability is questionable due to a high payout ratio of 91.4%. Despite stable and reliable dividends over the past decade, earnings only marginally cover payouts. The recent cash dividend announcement highlights ongoing distributions, but illiquid shares pose potential risks for investors seeking liquidity. Trading significantly below estimated fair value suggests possible undervaluation opportunities despite coverage concerns. Unlock comprehensive insights into our analysis of Sugar Terminals stock in this dividend report. According our valuation report, there's an indication that Sugar Terminals' share price might be on the cheaper side. Unlock our comprehensive list of 31 Top ASX Dividend Stocks by clicking here. Shareholder in one or more of these companies? Ensure you're never caught off-guard by adding your portfolio in Simply Wall St for timely alerts on significant stock developments. Invest smarter with the free Simply Wall St app providing detailed insights into every stock market around the globe. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include ASX:MQG ASX:NCK and NSX:SUG. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Sky News AU
08-05-2025
- Business
- Sky News AU
ASX 200 falls 0.2 per cent after US Federal Reserve holds rates, signalling financial relief from trade war not needed yet
The ASX 200 sank 0.2 per cent on Thursday after the US Federal Reserve kept interest rates on hold in a sign the central bank does not yet need to deliver financial relief from Donald Trump's trade war. Gaming manufacturer Light & Wonder sank 7.9 per cent as Super Retail Group fell 4.1 per cent and Pilbara Miner dropped 3.6 per cent on Thursday. The drop on the ASX follows Federal Reserve chairman Jerome Powell holding rates on Wednesday in a reassurance to investors that the trade war has not forced the central bank to slash rates. However, Mr Powell noted Trump's tariffs have been 'significantly higher than anticipated' and the central bank would continue to monitor the policies as their impact on the economy 'remain highly uncertain'. 'If the large increases in tariffs that have been announced are sustained they are likely to generate a rise in inflation, a slowdown in economic growth and an increase in unemployment,' he said. 'So inflation could be short lived, reflecting a one-time shift in the price level. It is also possible that the inflationary effects could instead be more persistent.' There was a solid uptick on Wall Street after widespread losses on Tuesday. The tech-heavy Nasdaq rose 0.3 per cent on Wednesday while the Dow Jones jumped 0.7 per cent the S&P 500 was up 0.4 per cent. While the Nasdaq recorded the lowest rise of the three, chipmaking stocks surged off a report Trump is planning to wind back the Biden Administration's artificial intelligence curbs with Nvidia up more than three per cent. In Europe, London's FTSE 100 slid 0.4 per cent on Wednesday as Germany's DAX fell 0.6 per cent and the EURO STOXX 50 dropped 0.6 per cent. New Zealand's NZX 50 Index is up 0.7 per cent since opening on Thursday and Japan's Nikkei 225 opened flat.
West Australian
07-05-2025
- Business
- West Australian
Sports Direct's entry into Australia, New Zealand comes at expense of Super Retail Group's Rebel
British sporting goods giant Sports Direct's entry into Australia is set to disrupt the nation's $5 billion fitness retail market and will come at the expense of incumbent Rebel, according to a major analyst. Announced last month, the tie-up between London-listed Frasers Group and footwear retailer Accent Group will see the initial roll-out of at least 50 Sports Direct stores in Australia and New Zealand over the next six years. Morgan Stanley analysts on Wednesday said Sports Direct could succeed locally, given its parent company Frasers and Accent already have differentiated access to global brands like Nike, Adidas and Skechers. As a consequence, they expect about 25 per cent of Sports Direct sales to come at the expense of Super Retail Group's Rebel. While the earnings impact was likely insignificant across the 2025 and 2026 financial years, Morgan Stanley sees a downside risk to consensus earnings in the 2027 to 2029 financial years as Sports Direct begins to scale. They said the Sports Direct customer proposition would largely be on par with Rebel, albeit with a greater focus on private label. '(Super Retail Group's) risk profile had increased as they face greater competition in their two largest divisions, Rebel and Bunnings,' Morgan Stanley said in a note to clients. 'This comes at a time when margins across the group are under pressure given the challenging operating environment.' Anthony Heraghty, chief executive of Super Retail Group - which also owns Super Cheap Auto and BCF - told analysts earlier this year he was not intimated by a bigger push from hardware giant Bunnings into the automotive sector. The push follows the success of Bunnings' move into pet goods and cleaning products. Morgan Stanley has also revised its price targets for Super Retail Group from $13.47 to $12.20 driven by increased competition and earnings downgrades, and Accent from $2.70 to $2.50 given near-term earning dilution. Shares in Super Retail Group were up 1.05 per cent to $13.39 and Accent up 2.4 per cent to $1.896 just before 1pm on Wednesday. Frasers is one of the world's biggest retailers of sports, premium and luxury brands with more than 1500 stores in over 30 countries. In the 2024 financial year, Frasers reported a revenue of £5.5b ($11.4b), with its UK Sports segment generating £2.9b in revenue across over 800 stores. Accent has more than 900 stores — including The Athlete's Foot, Platypus, Hype DC and Nude Lucy — in Australia and New Zealand.
Yahoo
29-04-2025
- Business
- Yahoo
A Look At The Fair Value Of Super Retail Group Limited (ASX:SUL)
Super Retail Group's estimated fair value is AU$13.70 based on 2 Stage Free Cash Flow to Equity Current share price of AU$13.23 suggests Super Retail Group is potentially trading close to its fair value Our fair value estimate is 7.3% lower than Super Retail Group's analyst price target of AU$14.78 Today we will run through one way of estimating the intrinsic value of Super Retail Group Limited (ASX:SUL) by taking the expected future cash flows and discounting them to their present value. The Discounted Cash Flow (DCF) model is the tool we will apply to do this. There's really not all that much to it, even though it might appear quite complex. We generally believe that a company's value is the present value of all of the cash it will generate in the future. However, a DCF is just one valuation metric among many, and it is not without flaws. If you want to learn more about discounted cash flow, the rationale behind this calculation can be read in detail in the Simply Wall St analysis model. We've discovered 1 warning sign about Super Retail Group. View them for free. We're using the 2-stage growth model, which simply means we take in account two stages of company's growth. In the initial period the company may have a higher growth rate and the second stage is usually assumed to have a stable growth rate. To begin with, we have to get estimates of the next ten years of cash flows. Where possible we use analyst estimates, but when these aren't available we extrapolate the previous free cash flow (FCF) from the last estimate or reported value. We assume companies with shrinking free cash flow will slow their rate of shrinkage, and that companies with growing free cash flow will see their growth rate slow, over this period. We do this to reflect that growth tends to slow more in the early years than it does in later years. A DCF is all about the idea that a dollar in the future is less valuable than a dollar today, so we need to discount the sum of these future cash flows to arrive at a present value estimate: 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 Levered FCF (A$, Millions) AU$332.2m AU$396.3m AU$412.2m AU$295.3m AU$214.0m AU$185.6m AU$169.9m AU$161.2m AU$156.8m AU$155.0m Growth Rate Estimate Source Analyst x5 Analyst x5 Analyst x5 Analyst x2 Analyst x1 Est @ -13.28% Est @ -8.47% Est @ -5.11% Est @ -2.75% Est @ -1.11% Present Value (A$, Millions) Discounted @ 8.2% AU$307 AU$338 AU$325 AU$215 AU$144 AU$116 AU$97.7 AU$85.7 AU$77.0 AU$70.3 ("Est" = FCF growth rate estimated by Simply Wall St)Present Value of 10-year Cash Flow (PVCF) = AU$1.8b The second stage is also known as Terminal Value, this is the business's cash flow after the first stage. For a number of reasons a very conservative growth rate is used that cannot exceed that of a country's GDP growth. In this case we have used the 5-year average of the 10-year government bond yield (2.7%) to estimate future growth. In the same way as with the 10-year 'growth' period, we discount future cash flows to today's value, using a cost of equity of 8.2%. Terminal Value (TV)= FCF2034 × (1 + g) ÷ (r – g) = AU$155m× (1 + 2.7%) ÷ (8.2%– 2.7%) = AU$2.9b Present Value of Terminal Value (PVTV)= TV / (1 + r)10= AU$2.9b÷ ( 1 + 8.2%)10= AU$1.3b The total value, or equity value, is then the sum of the present value of the future cash flows, which in this case is AU$3.1b. In the final step we divide the equity value by the number of shares outstanding. Relative to the current share price of AU$13.2, the company appears about fair value at a 3.5% discount to where the stock price trades currently. Remember though, that this is just an approximate valuation, and like any complex formula - garbage in, garbage out. The calculation above is very dependent on two assumptions. The first is the discount rate and the other is the cash flows. If you don't agree with these result, have a go at the calculation yourself and play with the assumptions. The DCF also does not consider the possible cyclicality of an industry, or a company's future capital requirements, so it does not give a full picture of a company's potential performance. Given that we are looking at Super Retail Group as potential shareholders, the cost of equity is used as the discount rate, rather than the cost of capital (or weighted average cost of capital, WACC) which accounts for debt. In this calculation we've used 8.2%, which is based on a levered beta of 1.266. Beta is a measure of a stock's volatility, compared to the market as a whole. We get our beta from the industry average beta of globally comparable companies, with an imposed limit between 0.8 and 2.0, which is a reasonable range for a stable business. View our latest analysis for Super Retail Group Strength Currently debt free. Dividends are covered by earnings and cash flows. Dividend is in the top 25% of dividend payers in the market. Weakness Earnings declined over the past year. Opportunity Annual earnings are forecast to grow for the next 3 years. Good value based on P/E ratio and estimated fair value. Threat Annual earnings are forecast to grow slower than the Australian market. Valuation is only one side of the coin in terms of building your investment thesis, and it is only one of many factors that you need to assess for a company. DCF models are not the be-all and end-all of investment valuation. Rather it should be seen as a guide to "what assumptions need to be true for this stock to be under/overvalued?" For instance, if the terminal value growth rate is adjusted slightly, it can dramatically alter the overall result. For Super Retail Group, there are three relevant items you should look at: Risks: Consider for instance, the ever-present spectre of investment risk. We've identified 1 warning sign with Super Retail Group , and understanding it should be part of your investment process. Future Earnings: How does SUL's growth rate compare to its peers and the wider market? Dig deeper into the analyst consensus number for the upcoming years by interacting with our free analyst growth expectation chart. Other High Quality Alternatives: Do you like a good all-rounder? Explore our interactive list of high quality stocks to get an idea of what else is out there you may be missing! PS. Simply Wall St updates its DCF calculation for every Australian stock every day, so if you want to find the intrinsic value of any other stock just search here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
15-04-2025
- Business
- Yahoo
Top ASX Dividend Stocks To Consider In April 2025
As the Australian market navigates a relatively stable period without significant volatility, the ASX200 closed at 7,760 points with Health Care leading the sectors. In such conditions, dividend stocks can offer investors a reliable income stream and potential stability amidst broader market fluctuations. Name Dividend Yield Dividend Rating IPH (ASX:IPH) 7.59% ★★★★★☆ Sugar Terminals (NSX:SUG) 8.12% ★★★★★☆ Accent Group (ASX:AX1) 6.84% ★★★★★☆ Super Retail Group (ASX:SUL) 9.36% ★★★★★☆ Lindsay Australia (ASX:LAU) 7.54% ★★★★★☆ MFF Capital Investments (ASX:MFF) 3.76% ★★★★★☆ Nick Scali (ASX:NCK) 3.57% ★★★★★☆ Lycopodium (ASX:LYL) 7.18% ★★★★★☆ Fiducian Group (ASX:FID) 4.81% ★★★★★☆ IVE Group (ASX:IGL) 7.63% ★★★★☆☆ Click here to see the full list of 31 stocks from our Top ASX Dividend Stocks screener. We'll examine a selection from our screener results. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Smartgroup Corporation Ltd, with a market cap of A$991.03 million, provides employee management services in Australia. Operations: Smartgroup Corporation Ltd generates revenue through its Vehicle Services segment, which contributes A$21.87 million, and its Outsourced Administration segment, which brings in A$287.87 million. Dividend Yield: 6.7% Smartgroup's dividend yield of 6.73% places it in the top 25% of Australian dividend payers, yet its dividends have been volatile over the past decade. Recent announcements include a fully franked special dividend and an increase in regular dividends, reflecting strong earnings growth with net income rising to A$75.6 million for 2024. However, the high cash payout ratio (134.8%) suggests dividends are not well covered by free cash flows, raising sustainability concerns despite analyst optimism on stock price potential. Click here and access our complete dividend analysis report to understand the dynamics of Smartgroup. The valuation report we've compiled suggests that Smartgroup's current price could be quite moderate. Simply Wall St Dividend Rating: ★★★★★☆ Overview: Super Retail Group Limited operates as a retailer of auto, sports, and outdoor leisure products in Australia and New Zealand, with a market cap of A$2.87 billion. Operations: Super Retail Group Limited generates revenue through its segments: Rebel at A$1.32 billion, Macpac at A$215.80 million, Super Cheap Auto (SCA) at A$1.51 billion, and Boating, Camping and Fishing (BCF) excluding Macpac at A$912.60 million. Dividend Yield: 9.4% Super Retail Group's dividend yield of 9.36% ranks it among the top 25% in Australia, although its dividend history has been volatile over the past decade. The company's dividends are covered by earnings and cash flows with a payout ratio of 68.8%. Recent earnings reports show mixed results, with net income declining to A$129.8 million despite increased sales and revenue. The company declared a fully franked interim dividend of A$0.32 per share, payable on April 15, 2025. Unlock comprehensive insights into our analysis of Super Retail Group stock in this dividend report. Our valuation report here indicates Super Retail Group may be undervalued. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Southern Cross Electrical Engineering Limited offers electrical, instrumentation, communications, security, and maintenance services to the resources, commercial, and infrastructure sectors in Australia with a market cap of A$458.51 million. Operations: Southern Cross Electrical Engineering Limited generates revenue of A$693.73 million from providing electrical services to the resources, commercial, and infrastructure sectors in Australia. Dividend Yield: 3.5% Southern Cross Electrical Engineering's dividend yield of 3.46% is modest compared to the top Australian payers, with a history of volatility over the past decade. However, dividends are well covered by earnings and cash flows, with payout ratios of 69.4% and 21.5%, respectively. Recent half-year results showed strong growth in sales to A$397.41 million and net income to A$16.18 million, supporting its fully franked interim dividend of A$0.025 per share paid on April 9, 2025. Delve into the full analysis dividend report here for a deeper understanding of Southern Cross Electrical Engineering. Upon reviewing our latest valuation report, Southern Cross Electrical Engineering's share price might be too pessimistic. Navigate through the entire inventory of 31 Top ASX Dividend Stocks here. Hold shares in these firms? Setup your portfolio in Simply Wall St to seamlessly track your investments and receive personalized updates on your portfolio's performance. Unlock the power of informed investing with Simply Wall St, your free guide to navigating stock markets worldwide. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include ASX:SIQ ASX:SUL and ASX:SXE. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
