Euroz Hartleys Group Limited (EZL) AI Stock Analysis

• Market Cap: AU$191.80M
• Dividend Yield: 17.89%
• Average Volume (3M): 59.56K
• Price to Earnings (P/E): 19.0
• Beta (1Y): 0.33
• Revenue Growth: 18.74%
• EPS Growth: 88.57%
• Country: AU
• Employees: 184
• Sector: Financial
• Sector Strength: 70
• Industry: Asset Management
• EPS (TTM): 0.03
• Shares Outstanding: 164,822,600
• 10 Day Avg. Volume: 57,416
• 30 Day Avg. Volume: 59,563
• PEG Ratio: 0.19
• Price to Book (P/B): 1.45
• Price to Sales (P/S): 1.70
• P/FCF Ratio: 4.24
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 75 Outperform
• Price Target: AU$1.50 ▲(20.97% Upside)

Euroz Hartleys Group Limited scores well due to its strong financial stability and attractive valuation. The technical indicators support a positive outlook, although revenue growth challenges remain. The absence of recent earnings call data and corporate events limits additional insights.

Positive Factors

Low financial leverage

A very low debt-to-equity ratio (0.11) and improving ROE indicate conservative capital structure and prudent risk management. This durability enhances resilience in downturns, preserves financial flexibility for opportunistic M&A, and supports sustainable capital returns over years.

Strong free cash flow generation

Material FCF growth and near 1:1 conversion of profits to cash demonstrate high cash conversion quality. Robust cash generation funds reinvestment, dividends, and debt servicing without reliance on external financing, supporting long-term strategic options and shareholder returns.

High gross and healthy EBIT margins

Very high gross margin and solid EBIT indicate a fee-based, low direct-cost business model with operational leverage. Sustainable margins provide buffer against revenue volatility and enable reinvestment in research, advisory capabilities, and client relationships for durable competitive advantage.

Negative Factors

Recent revenue decline

A multiyear revenue contraction and a 4.53% decline in the latest year suggest structural challenges in client activity or market share. Persistent top-line weakness constrains scalability, limits reinvestment capacity, and raises dependence on cost control to sustain earnings long-term.

Falling net profit margin

Declining net margins erode retained earnings and the firm's ability to fund growth organically. If driven by higher operating costs or lower fee rates, this trend can persistently compress profitability, reducing capacity for dividends, hiring, or strategic investments over multiple quarters.

Weak operating cash flow conversion

Low operating cash flow relative to net income points to earnings quality concerns and working capital sensitivity. If persistent, it can limit internal funding for capex or acquisitions, increase reliance on FCF spikes or balance sheet actions, and constrain long-term strategic flexibility.

Euroz Hartleys Group Limited Business Overview & Revenue Model

Company Description

Euroz Hartleys Group Limited, a diversified financial services company, provides stockbroking, corporate finance, funds management, investing, financial advisory, and wealth management services to private, institutional, and corporate clients primarily in Australia. It operates through Retail, Wholesale, and Funds Management segments. The company offers equities research, institutional dealing, and private wealth services, as well as corporate advisory services for equity capital raising and undertaking, mergers and acquisitions, strategic planning and reviews, and privatization and reconstructions. It also provides strategic investment advice, superannuation advice, investment management, and portfolio administration services; and raises equity capital through initial public offerings, placements, and rights issues. The company was formerly known as Euroz Limited and changed its name to Euroz Hartleys Group Limited in November 2021. Euroz Hartleys Group Limited was incorporated in 1961 and is based in Perth, Australia.

How the Company Makes Money

Euroz Hartleys Group Limited generates revenue through several key streams, including fees from investment banking services, commissions from stock broking activities, and advisory fees for wealth management services. The company earns income by facilitating capital raising for companies, providing equity research that informs investment decisions, and managing investment portfolios for clients. Significant partnerships with institutional investors and publicly listed companies enhance its service offerings and create additional revenue opportunities. The firm's performance is further supported by market conditions, client demand for financial services, and its ability to leverage its reputation and expertise in the financial sector.

Euroz Hartleys Group Limited Financial Statement Overview

Summary

Euroz Hartleys Group Limited presents a solid financial profile with strong cash flow generation and a stable balance sheet. While revenue growth has been a challenge, the company maintains operational efficiency and low leverage, which are positive indicators for long-term sustainability.

Income Statement

Euroz Hartleys Group Limited has shown a strong gross profit margin of 100% for the latest year, indicating efficient cost management. However, the net profit margin has decreased from previous years, reflecting challenges in maintaining profitability. Revenue has declined over the past few years, with a notable decrease of 4.53% in the latest year, which could be a concern for future growth. Despite this, the company maintains a healthy EBIT margin, suggesting operational efficiency.

Balance Sheet

The company exhibits a strong balance sheet with a low debt-to-equity ratio of 0.11, indicating low financial leverage and reduced risk. The return on equity has improved to 8.99%, showing effective use of shareholder funds. The equity ratio remains robust, highlighting a solid capital structure. Overall, the balance sheet reflects financial stability and prudent management.

Cash Flow

Euroz Hartleys Group Limited has demonstrated impressive free cash flow growth of 93.57%, indicating strong cash generation capabilities. The free cash flow to net income ratio is nearly 1, suggesting efficient conversion of profits into cash. However, the operating cash flow to net income ratio is low, which may require attention. Overall, the cash flow position is strong, supporting future investments and debt servicing.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	97.75M	97.75M	89.22M	95.94M	118.69M	128.07M
Gross Profit	97.75M	97.75M	89.22M	95.94M	118.69M	128.07M
EBITDA	17.21M	18.27M	9.14M	16.34M	60.54M	76.90M
Net Income	10.26M	10.26M	5.47M	9.34M	40.72M	52.54M
Balance Sheet
Total Assets	222.71M	222.71M	192.80M	185.57M	277.55M	282.71M
Cash, Cash Equivalents and Short-Term Investments	118.06M	118.06M	92.94M	88.16M	199.21M	96.05M
Total Debt	13.03M	13.03M	13.95M	3.55M	4.91M	6.19M
Total Liabilities	108.52M	108.52M	78.56M	70.53M	84.34M	111.61M
Stockholders Equity	114.19M	114.19M	114.24M	115.04M	193.21M	171.10M
Cash Flow
Free Cash Flow	39.17M	39.17M	18.82M	3.27M	22.14M	52.81M
Operating Cash Flow	39.20M	39.20M	19.00M	3.59M	24.27M	53.58M
Investing Cash Flow	-32.00K	-32.00K	-1.91M	-1.98M	104.77M	25.39M
Financing Cash Flow	-14.06M	-14.06M	-12.30M	-104.13M	-32.75M	-24.02M

Euroz Hartleys Group Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.24
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:EZL, the sentiment is Positive. The current price of 1.24 is above the 20-day moving average (MA) of 1.15, above the 50-day MA of 1.07, and above the 200-day MA of 0.90, indicating a bullish trend. The MACD of 0.06 indicates Negative momentum. The RSI at 74.48 is Negative, neither overbought nor oversold. The STOCH value of 90.52 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:EZL.

Euroz Hartleys Group Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
EZL	75 Outperform	AU$191.80M	18.96	9.11%	17.89%	18.74%	88.57%
MAM	72 Outperform	AU$77.74M	10.90	32.22%	6.39%	22.67%	19.47%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
CAF	60 Neutral	AU$87.38M	16.22	15.40%	7.14%	13.65%	-33.93%

Euroz Hartleys Group Limited Corporate Events

Euroz Hartleys Closes On-Market Buy-Back With No Shares Repurchased

Euroz Hartleys Group Limited has lodged a final on-market share buy-back notice with the ASX confirming that no shares were repurchased and no consideration was paid under the concluded buy-back program. The company stated it remains in compliance with all relevant Corporations Act requirements and ASX listing rules, indicating that the formal closure of the buy-back has no immediate impact on its capital structure but provides clarity to investors regarding its current capital management stance.

The most recent analyst rating on (AU:EZL) stock is a Buy with a A$1.00 price target. To see the full list of analyst forecasts on Euroz Hartleys Group Limited stock, see the AU:EZL Stock Forecast page.

Euroz Hartleys Group Limited Announces AGM Results

Euroz Hartleys Group Limited, a company listed on the Australian Securities Exchange (ASX: EZL), held its Annual General Meeting (AGM) on November 24, 2025. During the meeting, all resolutions were decided by poll, with the results indicating strong shareholder support for the proposed measures. The outcomes of the AGM are expected to reinforce the company’s governance and strategic initiatives, potentially impacting its market position and stakeholder relations positively.

The most recent analyst rating on (AU:EZL) stock is a Buy with a A$1.00 price target. To see the full list of analyst forecasts on Euroz Hartleys Group Limited stock, see the AU:EZL Stock Forecast page.

Euroz Hartleys Group Limited Emphasizes Transparency and Advisory Services in AGM Presentation

Euroz Hartleys Group Limited has released its AGM presentation, emphasizing the company’s commitment to transparency and the provision of financial product advice of a general nature. The release underscores the importance of consulting a financial advisor before making investment decisions, as past performance does not guarantee future results.

The most recent analyst rating on (AU:EZL) stock is a Buy with a A$1.00 price target. To see the full list of analyst forecasts on Euroz Hartleys Group Limited stock, see the AU:EZL Stock Forecast page.

Euroz Hartleys Reports Strong Financial Performance and Promising Start to New Fiscal Year

Euroz Hartleys Group Limited reported a significant improvement in financial performance for the year 2025, with a net profit after tax of $10.3 million, marking an 87.7% increase from the previous year. The company achieved revenues close to its $100 million target, demonstrating strong operating leverage. Despite a challenging second half due to market conditions, the company saw growth in brokerage and ECM revenues, while advisory revenues declined slightly. The company is optimistic about future growth, particularly in recurring revenues and funds under management, which increased by 14.3% to $4.45 billion. The first four months of the new financial year have been promising, with a 66% increase in net profit after tax compared to the same period last year, driven by strong ECM and brokerage revenues.

The most recent analyst rating on (AU:EZL) stock is a Buy with a A$1.00 price target. To see the full list of analyst forecasts on Euroz Hartleys Group Limited stock, see the AU:EZL Stock Forecast page.

Euroz Hartleys Group Limited to Renew Performance Rights Plan at AGM

Euroz Hartleys Group Limited has announced its Annual General Meeting scheduled for November 24, 2025, where shareholders will vote on the renewal of the Performance Rights Plan. This plan, which has been in place since 2014, is designed to incentivize employees by allowing them to convert part of their pre-tax bonuses into company shares, thus aligning their interests with those of shareholders. The board also advises against the election of a new director nominated by a shareholder activist, emphasizing the importance of supporting the existing remuneration strategy.

The most recent analyst rating on (AU:EZL) stock is a Buy with a A$1.00 price target. To see the full list of analyst forecasts on Euroz Hartleys Group Limited stock, see the AU:EZL Stock Forecast page.

Euroz Hartleys Group Limited Releases Corporate Governance Statement

Euroz Hartleys Group Limited has released its corporate governance statement for the financial year ending June 30, 2025, which is available on their website. The statement, approved by the board, outlines the company’s adherence to the ASX Corporate Governance Council’s recommendations, ensuring transparency and accountability in its operations. This announcement signifies Euroz Hartleys’ commitment to maintaining high governance standards, potentially enhancing its reputation and trust among stakeholders.

The most recent analyst rating on (AU:EZL) stock is a Buy with a A$1.00 price target. To see the full list of analyst forecasts on Euroz Hartleys Group Limited stock, see the AU:EZL Stock Forecast page.