Countplus Limited (CUP) AI Stock Analysis

• Market Cap: AU$186.01M
• Dividend Yield: 4.07%
• Average Volume (3M): 78.62K
• Price to Earnings (P/E): 20.8
• Beta (1Y): 0.17
• 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$1.35
• Price Target Upside: 21.62% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 76 Outperform
• Price Target: AU$1.00 ▼(-9.91% Downside)

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

Revenue Growth

Consistent revenue growth indicates strong market demand and effective business strategies, supporting long-term expansion and stability.

Cash Flow Generation

Strong cash flow generation enhances financial flexibility, allowing for reinvestment in growth opportunities and debt servicing.

Capital Structure

A moderate debt-to-equity ratio reflects prudent financial management, ensuring stability and capacity to leverage growth opportunities.

Negative Factors

Increasing Debt Levels

Rising debt levels may strain financial resources and limit flexibility, potentially impacting long-term financial health if not controlled.

Profitability Margins

Low net profit margins indicate potential inefficiencies, which could hinder profitability and competitive positioning over time.

Profitability Margins

Suboptimal profitability margins suggest the need for cost management and operational improvements to enhance long-term financial performance.

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 shows solid revenue growth and a stable balance sheet, albeit with some concerns regarding profitability margins and cash flow consistency. The company's increased leverage and declining profit margins may pose potential risks, yet its ability to generate operating cash flow provides a positive outlook.

Income Statement

Countplus Limited has demonstrated a healthy revenue growth rate from 2023 to 2024, increasing by approximately 22.6%. However, gross profit margin has decreased over the years, indicating potential cost management issues. The net profit margin also decreased significantly from 2023 to 2024, reflecting a decline in net profitability despite increased revenues.

Balance Sheet

The company's debt-to-equity ratio is relatively stable, indicating a balanced capital structure, but there was an increase in total debt from 2023 to 2024. Return on equity is moderate, and the equity ratio suggests that the company maintains a reasonable level of equity financing compared to its total assets.

Cash Flow

Operating cash flow has improved significantly, indicating better cash generation from operations. The free cash flow to net income ratio is strong, reflecting efficient conversion of earnings to cash. However, inconsistent free cash flow growth rates over the years highlight potential variability in cash management.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	143.57M	144.50M	112.99M	91.48M	86.66M	80.80M
Gross Profit	45.31M	144.50M	30.53M	42.54M	38.03M	35.70M
EBITDA	17.80M	30.27M	10.46M	10.94M	10.80M	10.69M
Net Income	8.89M	8.89M	1.10M	5.10M	5.11M	4.94M
Balance Sheet
Total Assets	448.27M	448.27M	435.11M	440.71M	521.97M	507.02M
Cash, Cash Equivalents and Short-Term Investments	23.23M	23.23M	25.03M	21.67M	21.54M	26.24M
Total Debt	63.79M	63.79M	61.77M	28.85M	23.24M	18.76M
Total Liabilities	322.99M	322.99M	313.32M	351.24M	433.51M	425.20M
Stockholders Equity	111.64M	111.64M	109.00M	74.70M	75.35M	71.17M
Cash Flow
Free Cash Flow	12.42M	20.89M	7.38M	4.03M	9.70M	9.97M
Operating Cash Flow	22.07M	22.07M	8.26M	5.03M	10.66M	11.42M
Investing Cash Flow	-10.80M	-10.80M	-17.22M	-1.98M	-12.47M	-3.43M
Financing Cash Flow	-13.06M	-13.06M	12.33M	-2.92M	-2.88M	-7.59M

Countplus Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.11
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

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 1.11 is below the 20-day moving average (MA) of 1.11, above the 50-day MA of 1.09, and above the 200-day MA of 0.93, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 52.74 is Neutral, neither overbought nor oversold. The STOCH value of 59.26 is Neutral, 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
SIQ	79 Outperform	AU$1.22B	14.66	31.30%	5.63%	11.64%	18.08%
CUP	76 Outperform	AU$186.01M	20.79	8.06%	4.07%	27.05%	520.93%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
KPG	63 Neutral	AU$383.48M	111.45	13.37%	0.10%	24.47%	21.28%

Countplus Limited Corporate Events

Count Limited Announces Director’s Interest Change

Count Limited has announced a change in the director’s interest, specifically regarding Hugh Humphrey, who has converted 512,928 performance rights into ordinary shares, resulting in a total of 829,060 ordinary shares held. This conversion is part of the company’s Long-Term Incentive Plan, reflecting a strategic move to align executive interests with shareholder value, potentially impacting the company’s market perception and stakeholder confidence.

Count Limited Announces Cessation of Performance Rights

Count Limited has announced the cessation of 457,383 performance rights due to the lapse of conditional rights that were not satisfied. This development may impact the company’s capital structure and could have implications for investors and stakeholders monitoring the company’s performance and strategic direction.

Count Limited Issues New Unquoted Equity Securities

Count Limited has announced the issuance of 956,692 unquoted equity securities, specifically ordinary fully paid shares, as of November 18, 2025. This move reflects the company’s ongoing efforts to manage its capital structure and may impact its market positioning by potentially increasing shareholder value.

Count Limited Issues Performance Rights to Director

Count Limited announced a change in the director’s interest, specifically for Hugh Humphrey, who has been issued 522,016 Performance Rights under the company’s Long-Term Incentive Plan. This issuance, approved by shareholders, reflects 80% of Mr. Humphrey’s fixed annual remuneration, highlighting the company’s commitment to aligning executive compensation with long-term performance goals.

Count Limited Secures Shareholder Approval for Key Resolutions at 2025 AGM

Count Limited announced that all resolutions proposed at its 2025 Annual General Meeting were passed by shareholders. Key resolutions included the re-election of Kate Hill as a director, adoption of the remuneration report, and approval of performance rights for the CEO, among others. The successful passing of these resolutions indicates strong shareholder support and positions the company for continued strategic growth and operational stability.

Countplus Limited’s Annual General Meeting Presentation Overview

Countplus Limited has released a presentation for its Annual General Meeting, highlighting the company’s current status and providing background information. The presentation, authorized by the Board of Count, emphasizes that it is not a comprehensive guide for investors and includes disclaimers about the accuracy and completeness of the information. It also notes that the presentation does not constitute an offer to sell or a recommendation to purchase securities in Countplus Limited.

Count Limited Expands Actuarial Services with Strategic Acquisition

Count Limited’s subsidiary, Accurium Holdings Pty Ltd, has acquired McGing Advisory & Actuarial Pty Ltd, a Melbourne-based actuarial firm. This acquisition is expected to enhance Count’s service offerings, particularly in actuarial capabilities, and strengthen its market position by deepening retirement income expertise and fostering collaboration with advisers.

Count Limited Director Increases Shareholding

Count Limited has announced a change in the director’s interest notice, specifically concerning Hugh Humphrey. On October 7, 2025, Humphrey acquired 8,220 ordinary shares through a Dividend Reinvestment Plan, increasing his total holdings to 316,132 ordinary shares while maintaining 2,056,746 performance rights. This change reflects the director’s continued investment in the company, which could signal confidence in Count Limited’s future performance.

Count Limited Announces Quotation of New Securities on ASX

Count Limited has announced the quotation of 887,793 fully paid ordinary securities on the Australian Securities Exchange (ASX) under the code CUP. This move is part of the company’s strategy to enhance its market presence and provide additional value to its stakeholders through a dividend or distribution plan.

Count Limited Announces Key Resolutions for 2025 AGM

Count Limited has announced its 2025 Annual General Meeting, detailing several key resolutions for shareholder consideration. The agenda includes the re-election of Kate Hill as a director, adoption of the remuneration report, approval of performance rights for the Managing Director and CEO, a 10% placement capacity, an employee incentive plan, and setting the maximum remuneration for non-executive directors. These resolutions aim to enhance corporate governance and align executive incentives with shareholder interests, potentially impacting the company’s strategic direction and shareholder value.