Smartgroup Corporation Ltd (Smartgroup) operates primarily in the field of outsourced administration, offering a comprehensive range of services that focus on salary packaging, novated leasing, and fleet management.
Business Segments
The company ha…
Analysis
Hope premium
Smartgroup Corporation Ltd carries what we call a hope premium: an average business trading at an ambitious price. One caution: reported profits have recently run ahead of actual cash, which we track closely.
The price is fair. You pay 23.2× its owner earnings: the cash an owner could take out each year, which is in the historically fair zone. At today's price, the market is assuming roughly 8% yearly growth; analysts expect 7%. The price, in other words, assumes less than the experts do.
The trajectory is solid and the balance sheet is sturdy. The company scores 12/20 on our value-creation score: creating some value. Analyst sentiment is cautious.
What to watch: Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.
360° rank · history
1007550250
Jan 202317
81
2023202420252026
All-time high
89
Jan 2026
All-time low
17
Jan 2023
Average rank
65
across all years
Detailed & Historical Ranks
Deep dive into 15 detailed ranks and 3 years of history.
Current202520242023
Price/Sales
19
22
13
24
Price/Earnings
50
76
55
89
Price/Book
13
24
18
47
Dividend Yield
93
94
96
90
Value (overall)
42
48
41
39
Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.