Countplus Limited (CUP) AI Stock Analysis

• Market Cap: AU$189.37M
• Dividend Yield: 4.11%
• Average Volume (3M): 78.62K
• Price to Earnings (P/E): 5.1
• Beta (1Y): 0.34
• Revenue Growth: 27.05%
• EPS Growth: 520.93%
• Country: AU
• Employees: 600
• Sector: Industrials
• Sector Strength: 72
• Industry: Specialty Business Services
• EPS (TTM): 0.05
• Shares Outstanding: 170,192,230
• 10 Day Avg. Volume: 63,036
• 30 Day Avg. Volume: 78,622
• PEG Ratio: 0.03
• Price to Book (P/B): 1.42
• Price to Sales (P/S): 1.10
• P/FCF Ratio: 7.61
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: AU$1.50
• Price Target Upside: 33.93% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): 0.09
• Revenue Forecast (FY): AU$153.28M

• Rating: 76 Outperform
• Price Target: AU$1.50 ▲(33.93% Upside)
• Action: Upgraded Date: 10/19/25
• Date: Action: Upgraded 10/19/25

Countplus Limited's strong financial performance and positive technical indicators are the primary drivers of its overall score. The stock's valuation is reasonable, with a moderate P/E ratio and an attractive dividend yield. The absence of earnings call data and corporate events does not impact the score.

Positive Factors

Cash generation

Very strong free cash flow growth (138% reported) shows durable ability to convert earnings into cash. This enhances the firm's capacity to fund organic investment, service and repay debt, support dividends and withstand SME-sector cyclicality without needing external capital.

Revenue consistency

Consistent revenue growth (multi-year trend ~9.9% with a 4.85% recent-year increase) reflects steady demand for compliance and advisory services. Predictable top-line expansion from recurring work supports long-term planning, scale benefits and gradual margin improvement.

Business model diversification

A network of accounting and advisory practices with recurring compliance and advisory fee streams diversifies revenue across services and clients. That business model reduces client concentration, enhances cross-sell, and underpins stable cashflow generation over the medium term.

Negative Factors

Low net margins

Net margin of ~6.15% is modest given high gross margin, implying elevated operating or overhead costs. Sustained low net profitability limits retained earnings, constrains reinvestment capacity and heightens reliance on operational improvements to lift long-term returns.

Rising debt levels

Although debt/equity is moderate (0.57), an increasing absolute debt trend raises refinancing and interest exposure risk. If revenue or margins soften, higher debt could pressure cashflow and restrict strategic flexibility for acquisitions or investment over the medium term.

Modest return on equity

ROE of ~7.96% is modest for a services group with recurring revenue. Even with improvement, sub-10% ROE suggests limited capital efficiency versus peers; sustained shareholder value growth will require margin expansion, higher growth or capital allocation improvements.

Countplus Limited Business Overview & Revenue Model

Company Description

CountPlus Limited, together with its subsidiaries, provides accounting, business advisory, and financial planning services in Australia. The company operates through Accounting, Financial Planning, Financial Services, and Other segments. It offers tax, assurance, audit, and corporate advisory services; financial planning; loans commission, and leasing commission services; and information technology, legal, conference, and insurance services. The company was founded in 2006 and is based in Sydney, Australia.

How the Company Makes Money

Countplus Limited generates revenue through a variety of channels, primarily from the fees charged for its professional services. This includes billable hours for accounting, tax preparation, and consulting services provided by its member firms. Additionally, Countplus earns income through franchise fees and royalties from its network of affiliated accounting firms. The company may also benefit from strategic partnerships with financial institutions and technology providers, enhancing its service offerings and attracting more clients. Overall, its revenue model is centered around providing value-added services to businesses and individuals, ensuring a steady stream of income through repeat business and long-term client relationships.

Countplus Limited Financial Statement Overview

Summary

Countplus Limited exhibits solid financial performance with consistent revenue growth and strong cash flow generation. The company maintains a balanced capital structure, although increasing debt levels require careful monitoring. Profitability margins have room for improvement.

Income Statement

Countplus Limited has shown a consistent revenue growth rate over the years, with a notable increase of 4.85% in the most recent year. The gross profit margin is exceptionally high at 100%, indicating strong cost management. However, the net profit margin is relatively low at 6.15%, suggesting room for improvement in operational efficiency. The EBIT and EBITDA margins have improved significantly, reflecting better profitability and operational performance.

Balance Sheet

The company's debt-to-equity ratio is moderate at 0.57, indicating a balanced approach to leveraging. Return on equity has improved to 7.96%, showing effective use of equity to generate profits. The equity ratio is stable, suggesting a solid capital structure. However, the increase in total debt over the years could pose a risk if not managed carefully.

Cash Flow

Countplus Limited has demonstrated strong free cash flow growth of 138.04%, indicating robust cash generation capabilities. The operating cash flow to net income ratio is healthy, suggesting efficient conversion of profits into cash. The free cash flow to net income ratio is high, reflecting strong cash profitability. Overall, the cash flow position is strong, supporting future growth and debt servicing.

Breakdown	TTM	Jun 2025	Jun 2024	Jun 2023	Jun 2022	Jun 2021
Income Statement
Total Revenue	153.21M	144.50M	112.99M	91.48M	86.66M	80.80M
Gross Profit	73.20M	144.50M	30.53M	42.54M	38.03M	35.70M
EBITDA	24.60M	30.27M	10.46M	10.94M	10.80M	10.69M
Net Income	14.16M	8.89M	1.10M	5.10M	5.11M	4.94M
Balance Sheet
Total Assets	463.89M	448.27M	435.11M	440.71M	521.97M	507.02M
Cash, Cash Equivalents and Short-Term Investments	22.81M	23.23M	25.03M	21.67M	21.54M	26.24M
Total Debt	77.50M	63.79M	61.77M	28.85M	23.24M	18.76M
Total Liabilities	329.21M	322.99M	313.32M	351.24M	433.51M	425.20M
Stockholders Equity	118.23M	111.64M	109.00M	74.70M	75.35M	71.17M
Cash Flow
Free Cash Flow	21.91M	20.89M	7.38M	4.03M	9.70M	9.97M
Operating Cash Flow	28.69M	22.07M	8.26M	5.03M	10.66M	11.42M
Investing Cash Flow	-11.07M	-10.80M	-17.22M	-1.98M	-12.47M	-3.43M
Financing Cash Flow	-18.43M	-13.06M	12.33M	-2.92M	-2.88M	-7.59M

Countplus Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.12
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:CUP, the sentiment is Positive. The current price of 1.12 is above the 20-day moving average (MA) of 1.09, above the 50-day MA of 1.07, and above the 200-day MA of 1.01, indicating a bullish trend. The MACD of 0.02 indicates Negative momentum. The RSI at 62.97 is Neutral, neither overbought nor oversold. The STOCH value of 88.10 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:CUP.

Countplus Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CUP	76 Outperform	AU$189.37M	5.06	12.32%	4.11%	27.05%	520.93%
SIQ	75 Outperform	AU$1.04B	14.94	31.30%	5.51%	11.64%	18.08%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
KPG	59 Neutral	AU$228.19M	43.95	10.41%	0.11%	24.47%	21.28%

Countplus Limited Corporate Events

Count Limited Aligns DRP Issue Date With March Dividend Payment

Count Limited has updated its notification regarding a forthcoming dividend on its ordinary fully paid shares for the six-month period to 31 December 2025. The company has confirmed an ex-dividend date of 27 February 2026, a record date of 2 March 2026 and a payment date of 20 March 2026.

The revision specifically aligns the Dividend Reinvestment Plan securities issue date with the 20 March 2026 payment date to ensure consistency with ASX Listing Rules. This administrative adjustment clarifies the timetable for participating shareholders and supports compliance with market disclosure and settlement standards.

The most recent analyst rating on (AU:CUP) stock is a Buy with a A$1.35 price target. To see the full list of analyst forecasts on Countplus Limited stock, see the AU:CUP Stock Forecast page.

Count Limited Issues 1H26 Results Presentation with Extensive Disclaimers

Count Limited has released a results presentation for the first half of the 2026 financial year, stressing that the material is for informational purposes only and should be read alongside its market disclosures. The company emphasises that the presentation is not investment advice, does not constitute an offer of securities and may be incomplete, with figures subject to change and rounding.

The board-authorised document includes extensive disclaimers about the accuracy and completeness of the information, and disavows liability for losses arising from its use. It also highlights that some statements may be forward looking and subject to risks and uncertainties, underlining that past performance is not a reliable guide for future results and that investors should seek their own professional advice.

The most recent analyst rating on (AU:CUP) stock is a Buy with a A$1.35 price target. To see the full list of analyst forecasts on Countplus Limited stock, see the AU:CUP Stock Forecast page.

Count Limited lifts earnings, expands wealth platform and increases interim dividend

Count Limited reported a strong first-half FY2026 result, with group revenue rising 12% to $82.8 million, driven by organic growth in wealth management and disciplined acquisitions. Underlying EBITA grew 19% to $16.6 million with margins expanding to 20%, while underlying NPAT attributable to shareholders climbed 45% to $7.2 million and statutory NPAT surged 133% to $9.2 million.

Funds under advice increased 11% to $40.2 billion and funds under management jumped 49% to $5.3 billion, reflecting new client growth, positive markets, and the transition of Count Portfolios. The Equity Partnerships segment recorded 12% financial planning revenue growth and now employs 76 financial advisers, while nine M&A deals, including four financial planning acquisitions, supported the group’s scale in wealth and underpinned a 14% increase in the fully franked interim dividend to 2.00 cents per share.

The most recent analyst rating on (AU:CUP) stock is a Buy with a A$1.35 price target. To see the full list of analyst forecasts on Countplus Limited stock, see the AU:CUP Stock Forecast page.

Countplus Releases Half-Year 2025 Financial Report

Countplus Limited has released its Appendix 4D and financial report for the half-year ended 31 December 2025, including the directors’ report, auditor’s independence declaration, and reviewed consolidated financial statements. The publication of these interim results provides stakeholders with updated insight into the company’s financial performance and position, supporting ongoing assessment of its operational progress and capital management ahead of the full-year reporting cycle.

The most recent analyst rating on (AU:CUP) stock is a Buy with a A$1.35 price target. To see the full list of analyst forecasts on Countplus Limited stock, see the AU:CUP Stock Forecast page.

Count Limited Sets Date for Half-Year Investor Results Briefing

Count Limited has scheduled a half-year results briefing for investors and analysts on 24 February 2026, to be led by CEO Hugh Humphrey and CFO Keith Leung, covering financial performance for the six months ended 31 December 2025. The company plans to release its half-year results earlier that morning, signalling an effort to engage the market with timely disclosure and direct communication, which may help shape investor expectations and provide clarity on its operational and financial trajectory at a key mid-year reporting point.

The most recent analyst rating on (AU:CUP) stock is a Buy with a A$1.35 price target. To see the full list of analyst forecasts on Countplus Limited stock, see the AU:CUP Stock Forecast page.