Kelly Partners Group Holdings Ltd. (KPG) AI Stock Analysis

• Market Cap: AU$430.11M
• Dividend Yield: 0.1%
• Average Volume (3M): 40.17K
• Price to Earnings (P/E): 125.0
• Beta (1Y): 0.51
• Revenue Growth: 24.47%
• EPS Growth: 21.28%
• Country: AU
• Employees: N/A
• Sector: Industrials
• Sector Strength: 72
• Industry: Specialty Business Services
• EPS (TTM): N/A
• Shares Outstanding: 45,274,956
• 10 Day Avg. Volume: 47,437
• 30 Day Avg. Volume: 40,175
• PEG Ratio: -48.26
• Price to Book (P/B): 17.02
• Price to Sales (P/S): 3.59
• P/FCF Ratio: 16.83
• 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: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 63 Neutral
• Price Target: AU$10.00 ▲(9.89% Upside)

Kelly Partners Group Holdings Ltd. has a solid financial performance with strong revenue growth and operational efficiency. However, the high debt-to-equity ratio and low net profit margin are concerns. The technical analysis indicates weak market momentum, and the high P/E ratio suggests potential overvaluation. The earnings call provided a positive outlook, but challenges such as increased debt and compliance costs remain.

Kelly Partners Group Holdings Ltd. Business Overview & Revenue Model

Company Description

Kelly Partners Group Holdings Ltd. (KPG) is an Australia-based integrated advisory firm specializing in providing accounting, tax, and business advisory services primarily to small and medium-sized enterprises (SMEs). KPG operates through a network of partner firms and employs a model that combines traditional accounting services with modern advisory solutions, leveraging technology to enhance client service delivery. The company's core products and services include tax compliance, financial reporting, business consulting, and strategic advice aimed at helping clients optimize their financial performance and achieve their business goals.

How the Company Makes Money

Kelly Partners Group Holdings Ltd. generates revenue through multiple streams. The primary source of income comes from fees for accounting and tax services provided to SMEs, which include compliance services and advisory fees. KPG also earns revenue from consulting services that offer strategic insights and business development assistance. Additionally, the company may benefit from performance-based fees linked to the financial improvement of its clients. Strategic partnerships with technology providers enhance service delivery, allowing KPG to integrate advanced solutions into their offerings, which can lead to increased client retention and new business opportunities. The company's growth strategy includes expanding its network of partner firms, which contributes to its overall revenue growth by increasing its client base and service capabilities.

Kelly Partners Group Holdings Ltd. Financial Statement Overview

Summary

Kelly Partners Group Holdings Ltd. shows robust revenue growth and operational efficiency, with strong EBIT and EBITDA margins. However, the high debt-to-equity ratio poses a financial risk, and the net profit margin is relatively low. Cash flow metrics are positive, indicating good cash generation capabilities.

Income Statement

Kelly Partners Group Holdings Ltd. has demonstrated strong revenue growth with a rate of 11.98% in the most recent year, indicating a positive trajectory. The gross profit margin is exceptionally high at 100%, suggesting efficient cost management. However, the net profit margin is relatively low at 2.54%, which may indicate high operating expenses or other costs. The EBIT and EBITDA margins are healthy at 16.88% and 27.63%, respectively, showing good operational efficiency.

Balance Sheet

The company has a high debt-to-equity ratio of 3.58, indicating significant leverage, which could pose financial risks if not managed properly. Return on equity is moderate at 12.01%, reflecting decent profitability relative to shareholder equity. The equity ratio is not provided, but the overall leverage suggests a need for cautious financial management.

Cash Flow

The free cash flow growth rate is positive at 5.64%, indicating improving cash generation capabilities. The operating cash flow to net income ratio is 0.58, suggesting that cash flow generation is not fully aligned with reported earnings. The free cash flow to net income ratio is strong at 0.92, indicating that a significant portion of earnings is converted into free cash flow.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	134.61M	134.61M	108.14M	86.52M	64.86M	48.91M
Gross Profit	44.87M	134.61M	53.90M	14.71M	16.66M	14.02M
EBITDA	36.94M	37.20M	31.69M	24.35M	24.44M	18.69M
Net Income	3.41M	3.41M	3.52M	3.93M	5.56M	4.62M
Balance Sheet
Total Assets	198.96M	198.96M	159.32M	132.59M	106.64M	67.61M
Cash, Cash Equivalents and Short-Term Investments	6.87M	6.87M	3.27M	5.33M	2.97M	4.04M
Total Debt	101.88M	101.88M	79.75M	72.66M	53.74M	31.85M
Total Liabilities	132.48M	132.48M	106.96M	97.12M	72.69M	42.46M
Stockholders Equity	28.42M	28.42M	22.64M	20.54M	20.70M	17.95M
Cash Flow
Free Cash Flow	28.84M	28.74M	21.33M	16.85M	10.11M	12.76M
Operating Cash Flow	31.27M	31.27M	25.61M	19.50M	17.58M	15.08M
Investing Cash Flow	-19.78M	-19.78M	-14.82M	-11.33M	-20.93M	-4.45M
Financing Cash Flow	-11.39M	-11.39M	-5.95M	-14.95M	3.58M	-11.00M

Kelly Partners Group Holdings Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 9.10
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:KPG, the sentiment is Negative. The current price of 9.1 is below the 20-day moving average (MA) of 10.02, below the 50-day MA of 10.35, and below the 200-day MA of 10.97, indicating a bearish trend. The MACD of -0.32 indicates Positive momentum. The RSI at 23.90 is Positive, neither overbought nor oversold. The STOCH value of 18.65 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:KPG.

Kelly Partners Group Holdings Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CUP	76 Outperform	AU$180.99M	20.22	8.06%	4.19%	27.05%	520.93%
SIQ	74 Outperform	$1.11B	13.33	31.30%	6.09%	11.64%	18.08%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
KPG	63 Neutral	AU$430.11M	125.00	13.37%	0.10%	24.47%	21.28%

Kelly Partners Group Holdings Ltd. Corporate Events

Kelly Partners Group Holdings Announces Virtual 2025 AGM

Kelly Partners Group Holdings Ltd. has announced its 2025 Annual General Meeting (AGM), which will be held virtually on November 25, 2025. Shareholders are encouraged to participate by registering online and can vote on resolutions either before or during the meeting. This virtual AGM format reflects the company’s commitment to accessibility and engagement with its stakeholders, allowing for broader participation and input from shareholders.

The most recent analyst rating on (AU:KPG) stock is a Hold with a A$11.50 price target. To see the full list of analyst forecasts on Kelly Partners Group Holdings Ltd. stock, see the AU:KPG Stock Forecast page.

Kelly Partners Expands with Strategic Acquisition in the Philippines

Kelly Partners Group Holdings Limited has announced a strategic partnership by acquiring a 50.10% stake in an Australian business that offers outsourced services through its operations in the Philippines. This acquisition, which is expected to generate an annual revenue of $6.0m to $7.0m for the Group, reinforces the attractiveness of Kelly+Partners’ Partner-Owner-Driver® model, despite not being material to the company’s overall financials. The partnership is part of a series of acquisitions that have contributed to a projected annual run rate revenue of $160m for the Group, indicating significant growth and expansion in its service offerings.

The most recent analyst rating on (AU:KPG) stock is a Hold with a A$11.50 price target. To see the full list of analyst forecasts on Kelly Partners Group Holdings Ltd. stock, see the AU:KPG Stock Forecast page.

Kelly Partners Group Secures Shareholder Approval for Financial Assistance

Kelly Partners Group Holdings Ltd. announced the results of its Extraordinary General Meeting held on October 14, 2025, where shareholders approved the provision of financial assistance to two of its subsidiaries. The resolutions were carried with an overwhelming majority, indicating strong shareholder support for the company’s strategic financial decisions.

The most recent analyst rating on (AU:KPG) stock is a Hold with a A$11.50 price target. To see the full list of analyst forecasts on Kelly Partners Group Holdings Ltd. stock, see the AU:KPG Stock Forecast page.

Kelly Partners Approves Financial Assistance for Subsidiary Acquisition

Kelly Partners Group Holdings Ltd. held an Extraordinary General Meeting to approve a resolution for providing financial assistance to one of its subsidiaries. The resolution allows the subsidiary to acquire a majority stake in another entity by securing new loan facilities and guarantees with Westpac, which is expected to facilitate the funding requirements for this acquisition.

The most recent analyst rating on (AU:KPG) stock is a Hold with a A$11.50 price target. To see the full list of analyst forecasts on Kelly Partners Group Holdings Ltd. stock, see the AU:KPG Stock Forecast page.

Kelly Partners Group Announces Extraordinary General Meeting

Kelly Partners Group Holdings Ltd. has announced an Extraordinary General Meeting (EGM) scheduled for October 14, 2025, in Sydney. The meeting will address a resolution that shareholders are encouraged to vote on, either in advance or by proxy. This EGM is a significant event for the company, as it provides an opportunity for shareholders to engage with the board and influence the company’s strategic decisions.

The most recent analyst rating on (AU:KPG) stock is a Hold with a A$11.50 price target. To see the full list of analyst forecasts on Kelly Partners Group Holdings Ltd. stock, see the AU:KPG Stock Forecast page.

Kelly Partners Group Earnings Call Highlights Growth and Challenges

Kelly Partners Group Holdings Ltd. recently held an earnings call that conveyed a generally positive sentiment, highlighting strong revenue growth, successful acquisitions, and robust cash flow. Despite these achievements, the company acknowledged challenges such as increased net debt and costs linked to international expansion and compliance. Nevertheless, the company remains optimistic about its strategic direction and growth potential.

Kelly Partners Group Expands with Pittwater Firm Acquisition

Kelly Partners Group Holdings Limited has announced the acquisition of a Pittwater-based accounting firm, marking another step in its strategic expansion. This acquisition, while not material to the company, highlights the effectiveness of Kelly+Partners’ business model and its appeal to accounting firms seeking succession solutions. The partnership is part of a series of recent acquisitions that are projected to increase the company’s annual revenue run rate to approximately AUD 154 million, reflecting a significant growth trajectory.

The most recent analyst rating on (AU:KPG) stock is a Hold with a A$11.50 price target. To see the full list of analyst forecasts on Kelly Partners Group Holdings Ltd. stock, see the AU:KPG Stock Forecast page.

Kelly Partners Re-appoints Joyce Au as Company Secretary

Kelly Partners Group Holdings Ltd announced the re-appointment of Ms. Joyce Au as Company Secretary, effective after trading on August 29, 2025. Ms. Au, a solicitor and Chartered Accountant with 20 years of experience, has been with the company since its inception, contributing significantly across various roles. This change reflects the company’s commitment to leveraging experienced leadership to enhance its operations and maintain strong communication with the ASX.

The most recent analyst rating on (AU:KPG) stock is a Hold with a A$11.50 price target. To see the full list of analyst forecasts on Kelly Partners Group Holdings Ltd. stock, see the AU:KPG Stock Forecast page.

Kelly Partners Group Announces Director’s Share Transfer for Loan Security

Kelly Partners Group Holdings Ltd. has announced a change in the director’s interest, specifically related to Brett Kelly. The change involves a transfer of 1,000,000 ordinary shares to a custodian for security purposes under a Master Loan Agreement and Deed of Security. This move allows Kelly Investments 1 Pty Ltd to borrow against the value of its shares in Kelly Partners Group Holdings Ltd., with the right to recover the shares at the end of the loan period.

The most recent analyst rating on (AU:KPG) stock is a Hold with a A$11.00 price target. To see the full list of analyst forecasts on Kelly Partners Group Holdings Ltd. stock, see the AU:KPG Stock Forecast page.

Kelly Partners Announces Director’s Shareholding Update

Kelly Partners Group Holdings Ltd. announced a change in the director’s interest, specifically involving Brett Kelly. The change involved the disposal of 5,000 ordinary shares through on-market transfers, resulting in a slight decrease in the total number of shares held by the director. This adjustment in shareholding is a routine update and does not indicate any significant shift in company strategy or operations.

Kelly Partners Group Unveils Global Expansion Strategy

Kelly Partners Group Holdings Ltd. has announced its strategic vision for global expansion, particularly targeting the US market. The company has achieved significant revenue growth in the US, reaching USD$16.5m in just 2.5 years, demonstrating the effectiveness of its Partner-Owner-Driver® model. This expansion is part of a broader strategy to deliver enduring value to shareholders and positively impact communities worldwide. The Group’s revenue has grown at a compound annual growth rate of 30% over 19 years, doubling every three years, showcasing its successful growth trajectory.

Kelly Partners Group Focuses on Strategic Growth and Value Enhancement

Kelly Partners Group Holdings Limited, in its FY2025 Management Discussion & Analysis, outlines its strategic focus on enhancing the earning power of its operating businesses and pursuing growth through acquisitions. The company aims to increase earnings by 5% annually and is open to making significant acquisitions that align strategically. Additionally, the company plans to repurchase shares when they are available at a discount. These strategies are designed to build per-share intrinsic value and strengthen the company’s market position.

Kelly Partners Group Sees 24.5% Revenue Surge Amid Global Expansion

Kelly Partners Group Holdings Ltd. reported a 24.5% increase in revenue for FY25, reaching $134.6 million, with significant contributions from both acquired and organic growth. The company’s strategic expansion into the USA and Ireland, alongside its Partner-Owner-Driver model, has bolstered its market presence, particularly in the US where it now services a notable percentage of McDonald’s franchisees. The firm continues to invest in long-term growth, evidenced by recent partnerships and an internal equity capital raise, while maintaining strong client satisfaction and digital engagement.

Kelly Partners Group Reports Strong FY25 Results with International Expansion

Kelly Partners Group Holdings Ltd. reported a successful fiscal year 2025, with a notable 25% increase in revenue to $134 million and a 25% rise in free cash flow per share. The company also expanded its operations to include a new country, Ireland, and achieved a 50% increase in organizational growth, highlighting its strong market position and commitment to strategic growth.

Kelly Partners Group Holdings Releases 2025 Annual Report

Kelly Partners Group Holdings Limited has released its annual report for the fiscal year ending June 30, 2025. The report includes comprehensive financial statements, a directors’ report, and an independent auditor’s report, providing stakeholders with detailed insights into the company’s financial performance and position. This release is crucial for investors and stakeholders as it offers transparency into the company’s operations and financial health.

Kelly Partners Group Holdings Ltd. Emphasizes Governance and Diversity in Latest Statement

Kelly Partners Group Holdings Ltd. has released its Corporate Governance Statement, detailing compliance with the ASX Corporate Governance Council’s 4th edition principles. The company emphasizes transparency and accountability in management, with a focus on diversity and gender equality within its workforce. The statement highlights the company’s commitment to maintaining a diverse and inclusive workplace, setting measurable objectives for gender diversity, and reporting progress annually. This approach is likely to strengthen its market position and stakeholder trust.

Kelly Partners Group Releases Corporate Governance Statement

Kelly Partners Group Holdings Limited has released its corporate governance statement for the financial year ending 30 June 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 principles and recommendations, providing transparency on their governance practices.

Kelly Partners Group to Release FY25 Financial Results and Host Investor Presentation

Kelly Partners Group Holdings Ltd announced that it will release its financial results for the fiscal year ending June 30, 2025, on August 12, 2025. The company will host a group investor presentation on the same day, reflecting its commitment to transparency and stakeholder engagement. This announcement is part of Kelly+Partners’ ongoing efforts to solidify its position in the accounting industry, leveraging its unique operating model to drive sustainable growth and address challenges faced by the accounting sector and SME clients.

Kelly Partners Expands with Sydney and Bowral Acquisition

Kelly Partners Group Holdings Limited has announced the acquisition of an accounting firm in Sydney CBD and Bowral, with the transaction expected to be completed by October 2025. This acquisition, though not material to the company, reinforces the appeal of Kelly+Partners’ succession planning services and its business model, as it continues to expand its footprint and revenue base.