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Challenger
(Sydney:CGF)
Challenger (CGF) vs. iShares MSCI Australia ETF (EWA)
Challenger Business Overview & Revenue Model
Challenger Financial Statement Overview
| Breakdown | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 3.28B | 2.23B | -414.30M | 3.03B | 1.51B |
| Gross Profit | 635.90M | 652.20M | 1.36B | 1.79B | 1.38B |
| EBITDA | 924.70M | 780.70M | 348.20M | 1.14B | -390.80M |
| Net Income | 129.90M | 287.50M | 253.70M | 592.30M | -416.00M |
Balance Sheet | |||||
| Total Assets | 33.41B | 30.98B | 29.74B | 29.99B | 28.57B |
| Cash, Cash Equivalents and Short-Term Investments | 573.20M | 593.40M | 733.10M | 989.40M | 661.90M |
| Total Debt | 7.13B | 5.89B | 5.85B | 6.39B | 7.81B |
| Total Liabilities | 29.52B | 26.81B | 25.75B | 26.17B | 25.33B |
| Stockholders Equity | 3.88B | 4.16B | 3.99B | 3.83B | 3.25B |
Cash Flow | |||||
| Free Cash Flow | 841.80M | 1.27B | 2.48B | 2.56B | 475.60M |
| Operating Cash Flow | 843.70M | 1.27B | 2.49B | 2.58B | 484.90M |
| Investing Cash Flow | -1.94B | -1.34B | -2.12B | -865.00M | -1.48B |
| Financing Cash Flow | 1.08B | -35.00M | -619.80M | -1.38B | 863.30M |
Challenger Technical Analysis
Challenger Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | AU$4.94B | 33.85 | 20.18% | 2.87% | 36.76% | 70.74% | |
70 Neutral | AU$131.78M | 9.24 | 17.27% | ― | 82.25% | 73.36% | |
66 Neutral | AU$1.81B | 27.65 | 4.09% | ― | 31.62% | -22.24% | |
66 Neutral | AU$9.10B | 89.19 | 65.17% | 0.94% | 24.24% | 33.94% | |
63 Neutral | AU$10.11B | 8.25 | 11.67% | 4.95% | 32.88% | 39.55% | |
61 Neutral | $5.75B | 39.29 | 3.85% | 3.53% | 17.95% | -34.24% | |
60 Neutral | €2.41B | ― | -24.47% | 5.78% | 5.36% | -846.00% |
Challenger Corporate Events
TAL Dai-ichi Life, the Australian subsidiary of Dai-ichi Life Holdings, has received all necessary regulatory approvals for its minority investment in Challenger Limited. This acquisition will result in TAL holding a 19.9% equity interest in Challenger, potentially impacting the company’s market positioning and stakeholder interests.
The most recent analyst rating on (AU:CGF) stock is a Buy with a A$7.80 price target. To see the full list of analyst forecasts on Challenger stock, see the AU:CGF Stock Forecast page.
Challenger Limited has reported a change in the director’s interest notice concerning Lisa Gray, following an administrative error by her financial planner. The financial planner acquired and sold shares in Challenger Limited without Gray’s consent, leading to a delay in filing the required notices with the ASX. The company has assured that its processes are adequate and that measures have been taken to prevent future occurrences.
The most recent analyst rating on (AU:CGF) stock is a Hold with a A$7.00 price target. To see the full list of analyst forecasts on Challenger stock, see the AU:CGF Stock Forecast page.
Challenger Limited has announced a significant change in its shareholder structure, with State Street Corporation and its subsidiaries becoming substantial holders. This development indicates a shift in the company’s voting power dynamics, potentially impacting its strategic decisions and governance. The involvement of major financial institutions like State Street and Goldman Sachs highlights the company’s attractiveness to large investors, which could influence its market positioning and stakeholder interests.
The most recent analyst rating on (AU:CGF) stock is a Hold with a A$7.00 price target. To see the full list of analyst forecasts on Challenger stock, see the AU:CGF Stock Forecast page.
Challenger Limited has issued a notice regarding its current shareholding and derivative exposures, revealing a total of 3,082,062 ordinary shares, representing 0.4458% of the company’s total shares. The notice highlights changes in share interests, including acquisitions and forfeitures by the Challenger Performance Plan Trust, impacting the company’s control over its voting shares. This update is crucial for stakeholders as it reflects the company’s ongoing management of its equity interests and derivative exposures, which could influence its market positioning and operational strategies.
The most recent analyst rating on (AU:CGF) stock is a Hold with a A$7.00 price target. To see the full list of analyst forecasts on Challenger stock, see the AU:CGF Stock Forecast page.
Challenger Limited has announced that State Street Corporation and its subsidiaries have become substantial holders in the company, with a significant voting power. This development indicates a strategic move by State Street to exert influence over Challenger Limited’s operations, potentially impacting its market positioning and stakeholder interests.
The most recent analyst rating on (AU:CGF) stock is a Hold with a A$7.00 price target. To see the full list of analyst forecasts on Challenger stock, see the AU:CGF Stock Forecast page.
Challenger Limited announced a change in the director’s interest, with Director David Whittle acquiring 8,888 ordinary shares through an on-market trade. This acquisition reflects a significant personal investment by the director, potentially signaling confidence in the company’s future performance and stability, which may positively influence stakeholder perceptions.
The most recent analyst rating on (AU:CGF) stock is a Hold with a A$7.00 price target. To see the full list of analyst forecasts on Challenger stock, see the AU:CGF Stock Forecast page.
Challenger Limited has announced that it has ceased to be a substantial holder in relation to certain voting securities as of June 26, 2025. This change reflects a shift in the company’s relevant interests and associations, potentially impacting its influence and strategic positioning within the market.
The most recent analyst rating on (AU:CGF) stock is a Hold with a A$7.00 price target. To see the full list of analyst forecasts on Challenger stock, see the AU:CGF Stock Forecast page.
Challenger Limited has announced a change in its substantial holding in Lynas Rare Earths Ltd, with a slight increase in its voting power from 5.08% to 6.12%. This adjustment in stakeholding reflects Challenger’s strategic interest in Lynas Rare Earths, potentially impacting its investment portfolio and market positioning.
The most recent analyst rating on (AU:CGF) stock is a Hold with a A$7.00 price target. To see the full list of analyst forecasts on Challenger stock, see the AU:CGF Stock Forecast page.
Challenger Limited has announced a change in its substantial holding in Close The Loop Limited. This adjustment in shareholding reflects a strategic move by Challenger to manage its investment portfolio, potentially impacting its influence in Close The Loop and signaling a shift in its market strategy.
The most recent analyst rating on (AU:CGF) stock is a Hold with a A$7.00 price target. To see the full list of analyst forecasts on Challenger stock, see the AU:CGF Stock Forecast page.
Apollo Global Management, Inc. and its affiliates have ceased to be substantial holders in Challenger Limited as of June 19, 2025. This change follows the sale of 35,187,082 fully paid ordinary shares in Challenger Limited by AP Liberty GP, LLC and Apollo Management Holdings, marking a significant shift in the company’s shareholder structure.
The most recent analyst rating on (AU:CGF) stock is a Hold with a A$7.00 price target. To see the full list of analyst forecasts on Challenger stock, see the AU:CGF Stock Forecast page.
Goldman Sachs Australia Pty Ltd has entered into an agreement to underwrite a secondary block of Ordinary Shares in Challenger Limited, resulting in a temporary relevant interest of approximately 5.54% of Challenger’s Ordinary Shares. This interest will cease following the settlement scheduled for June 19, 2025, as per the terms of the Sale Agreement, indicating a strategic financial maneuver by Goldman Sachs that could impact its market positioning and stakeholder interests.
The most recent analyst rating on (AU:CGF) stock is a Hold with a A$7.00 price target. To see the full list of analyst forecasts on Challenger stock, see the AU:CGF Stock Forecast page.
TAL Dai-ichi Life Australia Pty Ltd has entered into a conditional agreement to acquire 33,234,618 fully paid ordinary shares in Challenger Limited from AP Liberty GP, LLC. This acquisition represents a significant change in the substantial holdings of Challenger Limited, potentially impacting its market positioning and stakeholder interests.
The most recent analyst rating on (AU:CGF) stock is a Hold with a A$7.00 price target. To see the full list of analyst forecasts on Challenger stock, see the AU:CGF Stock Forecast page.
TAL Dai-ichi Life Australia Pty Ltd has entered into a conditional agreement to acquire 33,234,618 fully paid ordinary shares in Challenger Limited from AP Liberty GP, LLC. This acquisition increases TAL’s voting power in Challenger to 19.90%, potentially enhancing its influence and strategic positioning within the company.
The most recent analyst rating on (AU:CGF) stock is a Hold with a A$7.00 price target. To see the full list of analyst forecasts on Challenger stock, see the AU:CGF Stock Forecast page.
Challenger Limited has announced the appointment of David Whittle as a director, effective June 17, 2025. The initial director’s interest notice indicates that Whittle currently holds no relevant interests in securities, which may suggest a focus on governance and oversight rather than direct financial involvement. This appointment could potentially impact the company’s strategic direction and governance structure, aligning with its ongoing efforts to strengthen leadership and enhance stakeholder confidence.
The most recent analyst rating on (AU:CGF) stock is a Hold with a A$7.00 price target. To see the full list of analyst forecasts on Challenger stock, see the AU:CGF Stock Forecast page.
Challenger Limited has announced the appointment of John Somerville as a director, effective June 17, 2025. The initial director’s interest notice reveals that Somerville currently holds no relevant interests in securities as a registered holder or through contracts, indicating a fresh start in his role at the company.
The most recent analyst rating on (AU:CGF) stock is a Hold with a A$7.00 price target. To see the full list of analyst forecasts on Challenger stock, see the AU:CGF Stock Forecast page.
Challenger Limited has become a substantial holder with a significant voting power in the company, as indicated by the recent acquisition of various securities. This development highlights Challenger’s strategic move to strengthen its influence and control within the market, potentially impacting its operations and positioning in the industry.
The most recent analyst rating on (AU:CGF) stock is a Hold with a A$7.00 price target. To see the full list of analyst forecasts on Challenger stock, see the AU:CGF Stock Forecast page.
Challenger Limited has expressed support for APRA’s consultation on capital settings for annuity products, which aims to create a more market-sensitive framework with appropriate risk controls. This regulatory reform is expected to foster innovation, enhance the uptake of lifetime income products, and offer retirees more choice and certainty. The proposed changes are seen as a significant improvement, aligning asset and liability cashflows and reducing required capital levels, thereby improving the financial resilience of life insurers and promoting the growth of the annuity market.
The most recent analyst rating on (AU:CGF) stock is a Hold with a A$7.00 price target. To see the full list of analyst forecasts on Challenger stock, see the AU:CGF Stock Forecast page.
Challenger Limited has announced that it has ceased to be a substantial holder in a company or scheme as of June 10, 2025. This change reflects adjustments in the relevant interests and associations of the substantial holder, which may impact the company’s voting securities and influence within the market. The announcement could have implications for stakeholders as it signifies a shift in the company’s investment strategy or portfolio management.
The most recent analyst rating on (AU:CGF) stock is a Hold with a A$7.00 price target. To see the full list of analyst forecasts on Challenger stock, see the AU:CGF Stock Forecast page.
Challenger Limited has announced a change in its substantial holding status, as State Street Corporation and its subsidiaries have ceased to be substantial holders as of June 4, 2025. This change in substantial holding status may impact the company’s shareholder structure and influence its future voting dynamics.
The most recent analyst rating on (AU:CGF) stock is a Hold with a A$6.60 price target. To see the full list of analyst forecasts on Challenger stock, see the AU:CGF Stock Forecast page.
Challenger Limited has announced a change in its substantial holding in Smartgroup Corporation Ltd, increasing its voting power from 5.04% to 6.07%. This adjustment in holdings reflects Challenger’s strategic positioning and potential influence within Smartgroup, which could have implications for stakeholders and the market perception of both companies.
The most recent analyst rating on (AU:CGF) stock is a Hold with a A$7.20 price target. To see the full list of analyst forecasts on Challenger stock, see the AU:CGF Stock Forecast page.
Challenger Limited has announced a significant development in its shareholder structure, with State Street Global Advisors Europe Limited becoming a substantial holder. This change in voting power and relevant interests may impact the company’s governance and strategic decisions, potentially influencing its market positioning and stakeholder relationships.
The most recent analyst rating on (AU:CGF) stock is a Hold with a A$7.00 price target. To see the full list of analyst forecasts on Challenger stock, see the AU:CGF Stock Forecast page.
Challenger Limited has announced a new distribution for its security, CAP NOTE 3-BBSW+3.60% PERP NON-CUM RED T-05-29, with a distribution amount of AUD 1.28. The ex-date is set for August 14, 2025, with the record date on August 15, 2025, and payment scheduled for August 25, 2025. This discretionary distribution is contingent upon the absence of any payment conditions on the relevant date, highlighting the company’s ongoing commitment to providing returns to its investors.
The most recent analyst rating on (AU:CGF) stock is a Hold with a A$7.00 price target. To see the full list of analyst forecasts on Challenger stock, see the AU:CGF Stock Forecast page.
Challenger Limited announced a new distribution for its Capital Notes 3, with a payment amount of AUD 1.45, scheduled for August 25, 2025. This discretionary distribution, subject to certain conditions, reflects the company’s ongoing commitment to providing returns to its stakeholders, potentially enhancing its market position in the financial services sector.
The most recent analyst rating on (AU:CGF) stock is a Hold with a A$7.00 price target. To see the full list of analyst forecasts on Challenger stock, see the AU:CGF Stock Forecast page.
Challenger Limited’s Managing Director and CEO, Nick Hamilton, is set to present at the Bell Potter Emerging Leaders Conference in Sydney. This presentation underscores Challenger’s commitment to enhancing its market presence and highlights its role in providing financial security for retirees, potentially impacting its operational strategies and stakeholder engagement.
The most recent analyst rating on (AU:CGF) stock is a Hold with a A$7.00 price target. To see the full list of analyst forecasts on Challenger stock, see the AU:CGF Stock Forecast page.
Challenger Limited has announced the appointment of John Somerville and David Whittle as independent Non-Executive Directors, effective from June 2025, while JoAnne Stephenson will retire. These appointments reflect Challenger’s commitment to board renewal and enhancing its strategic capabilities, particularly in governance, risk management, and digital innovation. The changes are expected to support the company’s growth and digital transformation strategy, strengthening its position in the retirement and income market.
The most recent analyst rating on (AU:CGF) stock is a Hold with a A$7.00 price target. To see the full list of analyst forecasts on Challenger stock, see the AU:CGF Stock Forecast page.
Challenger Limited has announced a change in its substantial holding in Cleanaway Waste Management Limited. The notice indicates a shift in the voting power of Challenger Limited, reflecting its strategic adjustments in investment holdings, which may impact its market positioning and influence within the industry.
The most recent analyst rating on (AU:CGF) stock is a Hold with a A$7.00 price target. To see the full list of analyst forecasts on Challenger stock, see the AU:CGF Stock Forecast page.
Challenger Limited has announced a change in its substantial holding in Breville Group Ltd, increasing its voting power from 5.99% to 7.41%. This change reflects Challenger’s strategic adjustments in its investment portfolio, potentially impacting its influence in Breville Group and signaling its ongoing commitment to optimizing its investment strategies.
Challenger Limited has announced that State Street Corporation and its subsidiaries have become substantial holders in the company, gaining significant voting power through various securities. This development indicates a strategic positioning by State Street Corporation, potentially impacting Challenger Limited’s governance and influencing its market strategies.
Challenger Limited has announced a change in the interests of its director, Nicolas Hamilton, involving an off-market trade of 15,150 ordinary shares. This adjustment reflects a shift in the distribution of shares between Hamilton’s direct holdings and those held by NALT Superannuation Pty Ltd, with potential implications for the company’s governance and shareholder structure.