Propel Funeral Partners Ltd. (PFP) AI Stock Analysis

• Market Cap: AU$609.84M
• Dividend Yield: 3.35%
• Average Volume (3M): 604.54K
• Price to Earnings (P/E): 28.2
• Beta (1Y): 0.56
• Revenue Growth: 17.98%
• EPS Growth: 8.65%
• Country: AU
• Employees: N/A
• Sector: Consumer Cyclical
• Sector Strength: 59
• Industry: Personal Products & Services
• EPS (TTM): 0.09
• Shares Outstanding: 137,973,590
• 10 Day Avg. Volume: 853,893
• 30 Day Avg. Volume: 604,537
• PEG Ratio: >-0.01
• Price to Book (P/B): 1.95
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 39.43
• 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$5.55
• Price Target Upside: 22.52% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 4

• Rating: 57 Neutral
• Price Target: AU$4.50 ▼(-0.66%Downside)

The overall score of 57 reflects a balanced view of Propel Funeral Partners Ltd. While strong financial performance highlights growth and operational efficiency, technical analysis indicates bearish market conditions. The valuation suggests moderate overpricing, but the dividend yield offers some compensation. The lack of additional earnings call data and corporate events keeps the focus on existing financial and market data.

Propel Funeral Partners Ltd. Business Overview & Revenue Model

Company Description

Propel Funeral Partners Limited provides death care services in Australia and New Zealand. It is involved in the collection and transfer of the deceased; provision of mortuary services; and arrangement and conducting a funeral, cremation, burial, and memorialization activities. As of June 30, 2022, the company owned and operated 144 properties comprising 79 owned and 65 leased, which included 32 cremation facilities and 9 cemeteries. It serves individuals and families dealing with, or preparing for, death and bereavement. The company was founded in 2012 and is based in Sydney, Australia.

How the Company Makes Money

Propel Funeral Partners Ltd. generates revenue primarily through the provision of funeral services, which include arranging and conducting funerals, cremations, and burials. The company's key revenue streams include fees for funeral arrangements, sales of caskets and other funeral merchandise, and charges for cremation and burial services. Additionally, Propel Funeral Partners may earn income from pre-paid funeral plans, where customers pay in advance for future services. The company's earnings are also supported by its extensive network of funeral homes and cremation facilities, allowing it to serve a broad geographic area and a diverse clientele across Australia and New Zealand.

Propel Funeral Partners Ltd. Financial Statement Overview

Summary

Propel Funeral Partners Ltd. shows strong revenue growth and solid margins, indicating robust operational efficiency. The balance sheet is stable with a moderate leverage and strong equity position, while cash flow management is effective despite the impact of capital expenditures on free cash flow.

Income Statement

Propel Funeral Partners Ltd. has demonstrated strong revenue growth over the past years, with the latest annual increase at 24.2%. The gross profit margin is solid at 30.8%, indicating efficient cost management. Net profit margin has slightly decreased to 8.5%, reflecting a focus on expansion and investment. The EBIT and EBITDA margins are healthy at 19.2% and 24.4% respectively, suggesting robust operational performance. Overall, the income statement reflects a well-performing company with good growth momentum.

Balance Sheet

The balance sheet of Propel Funeral Partners Ltd. shows a strong equity position with a total equity of $351.7 million. The debt-to-equity ratio stands at 0.41, indicating a moderate level of leverage. The equity ratio is commendable at 56.3%, highlighting financial stability. Return on equity is at 5.1%, showing room for improvement in profitability relative to shareholder equity. Overall, the balance sheet is stable with a conservative leverage approach.

Cash Flow

The company has maintained positive operating cash flow, which increased to $34.4 million, reflecting strong cash generation capabilities. However, free cash flow has declined to $7.9 million, influenced by significant capital expenditures. The free cash flow to net income ratio is 0.44, indicating some pressure on cash reserves due to investments. Despite the fluctuations, the company has managed its cash flow effectively, maintaining a balance between growth and liquidity.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
221.55M	209.24M	168.09M	144.99M	120.23M	110.63M
	Gross Profit
155.20M	145.99M	51.90M	44.39M	37.98M	36.95M
	EBIT
63.46M	39.73M	33.51M	22.66M	22.67M	18.96M
	EBITDA
52.66M	50.97M	43.27M	15.97M	34.05M	25.91M
	Net Income Common Stockholders
21.31M	17.81M	19.01M	-318.00K	14.44M	10.62M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
6.14M	7.25M	46.88M	7.87M	7.50M	53.90M
	Total Assets
640.50M	624.58M	539.86M	428.65M	387.34M	406.93M
	Total Debt
161.31M	144.78M	173.52M	85.70M	123.47M	150.73M
	Net Debt
155.17M	137.53M	126.64M	77.83M	115.98M	96.83M
	Total Liabilities
287.75M	272.85M	286.53M	179.88M	200.43M	224.99M
	Stockholders Equity
352.74M	351.73M	253.33M	248.76M	186.91M	181.94M
Cash Flow		Free Cash Flow
2.06M	7.94M	12.53M	11.55M	15.53M	11.84M
	Operating Cash Flow
36.47M	34.37M	32.26M	24.28M	27.20M	21.48M
	Investing Cash Flow
-57.97M	-121.73M	-64.64M	-30.91M	-34.72M	-56.67M
	Financing Cash Flow
19.81M	47.85M	71.34M	7.15M	-38.93M	83.89M

Propel Funeral Partners Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 4.53
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:PFP, the sentiment is Negative. The current price of 4.53 is below the 20-day moving average (MA) of 4.57, below the 50-day MA of 4.92, and below the 200-day MA of 5.48, indicating a bearish trend. The MACD of -0.15 indicates Negative momentum. The RSI at 36.47 is Neutral, neither overbought nor oversold. The STOCH value of 65.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:PFP.

Propel Funeral Partners Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	63 Neutral	$6.98B	11.41	2.80%	4.24%	2.68%	-24.94%
PFP	57 Neutral	AU$609.84M	28.15	7.01%	3.35%	17.98%	8.65%
HNORF		$4.43B	15.50	9.58%	4.47%	―	―
RFGPF		$71.51M	16.90	4.31%	―	―	―
AX1	70 Neutral	AU$1.11B	16.16	14.35%	6.11%	6.29%	-12.42%
MI6		$64.09M	119.17	0.64%	1.36%	―	―
30M		€670.96M	21.54	8.55%	5.72%	―	―

Propel Funeral Partners Ltd. Corporate Events

Soul Patts Reduces Stake in Propel Funeral Partners

Washington H. Soul Pattinson and Company Limited (Soul Patts) has ceased to be a substantial holder in Propel Funeral Partners Ltd. as of May 30, 2025. This change occurred due to the sale of shares by Pengana Capital Group Limited, which is associated with Soul Patts. This development may impact Propel’s shareholder structure and influence within the market.

The most recent analyst rating on (AU:PFP) stock is a Buy with a A$6.10 price target. To see the full list of analyst forecasts on Propel Funeral Partners Ltd. stock, see the AU:PFP Stock Forecast page.

Soul Patts Adjusts Substantial Holding in Propel Funeral Partners

Soul Patts, a diversified investment company, announced a change in its substantial holding interests in Propel Funeral Partners Limited (PFP). The notice indicates a decrease in voting power from 9.47% to 7.00%, primarily due to changes in its holdings in Pengana Capital Group Limited. This adjustment in holdings reflects Soul Patts’ strategic portfolio management and could impact its influence within PFP, potentially affecting stakeholders’ perceptions and market dynamics.

The most recent analyst rating on (AU:PFP) stock is a Buy with a A$6.40 price target. To see the full list of analyst forecasts on Propel Funeral Partners Ltd. stock, see the AU:PFP Stock Forecast page.

Propel Funeral Partners Announces Change in Substantial Shareholding

Propel Funeral Partners Ltd. has announced that Pengana Capital Group Ltd. and its associated entities have ceased to be substantial holders of the company’s voting securities as of May 27, 2025. This change in substantial holding could impact the company’s shareholder structure and influence its market dynamics, potentially affecting investor perceptions and the company’s strategic decisions moving forward.

The most recent analyst rating on (AU:PFP) stock is a Buy with a A$6.40 price target. To see the full list of analyst forecasts on Propel Funeral Partners Ltd. stock, see the AU:PFP Stock Forecast page.

Soul Patts Increases Stake in Propel Funeral Partners

Washington H. Soul Pattinson and Company Limited (Soul Patts) has increased its voting power in Propel Funeral Partners Ltd. from 2.78% to 3.82%, reflecting a significant change in its stake in the company. This change in substantial holding indicates a growing interest and confidence in Propel Funeral Partners by Soul Patts, potentially impacting the company’s market positioning and signaling positive implications for stakeholders.

The most recent analyst rating on (AU:PFP) stock is a Buy with a A$6.40 price target. To see the full list of analyst forecasts on Propel Funeral Partners Ltd. stock, see the AU:PFP Stock Forecast page.

Propel Funeral Partners Unveils FY25 Guidance and Leadership Succession at Bell Potter Conference

Propel Funeral Partners Limited presented at the 2025 Bell Potter Emerging Leaders Conference, where Managing Director and Co-Founder Albin Kurti provided guidance for FY25 and a succession update. This presentation is significant as it outlines the company’s strategic direction and leadership changes, which could impact its operational efficiency and market position in the death care industry.

The most recent analyst rating on (AU:PFP) stock is a Buy with a A$6.40 price target. To see the full list of analyst forecasts on Propel Funeral Partners Ltd. stock, see the AU:PFP Stock Forecast page.

Propel Funeral Partners Updates Share Registry Address

Propel Funeral Partners Limited has announced a change in the address of its share registry, effective from 14 April 2025. The new address is at MUFG Corporate Markets (AU) Limited, Liberty Place, Level 41, 161 Castlereagh Street, Sydney NSW 2000. This change is part of the company’s operational updates, and all other contact details remain unchanged.

Propel Funeral Partners Expands with Key Acquisitions

Propel Funeral Partners Limited has completed the acquisitions of Twentymans Funeral Services & Thames Crematory and Richmond Funeral Home & Clareville Crematorium. This expansion strengthens Propel’s market position in the death care industry across Australia and New Zealand, potentially enhancing its service offerings and operational capabilities.

Propel Funeral Partners Ltd. Announces Quotation of New Securities

Propel Funeral Partners Ltd. announced the quotation of 15,245 ordinary fully paid securities on the Australian Securities Exchange (ASX) as of April 1, 2025. This move is part of previously announced transactions and is expected to enhance the company’s financial flexibility and market presence, potentially benefiting stakeholders by increasing the liquidity of its shares.