PEXA Group Limited (PXA) AI Stock Analysis

• Market Cap: AU$2.45B
• Dividend Yield: N/A
• Average Volume (3M): 369.60K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.49
• Revenue Growth: 15.75%
• EPS Growth: -323.25%
• Country: AU
• Employees: 900
• Sector: Technology
• Sector Strength: 88
• Industry: Real Estate - Services
• EPS (TTM): -0.03
• Shares Outstanding: 177,601,870
• 10 Day Avg. Volume: 283,624
• 30 Day Avg. Volume: 369,598
• PEG Ratio: -0.10
• Price to Book (P/B): 2.11
• Price to Sales (P/S): 6.46
• P/FCF Ratio: 40.84
• 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$17.98
• Price Target Upside: 30.38% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 3
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 43 Neutral
• Price Target: AU$14.50 ▲(5.15% Upside)

PEXA Group Limited's overall stock score is primarily impacted by its weak financial performance and poor valuation metrics. The technical analysis indicates a bearish trend, further contributing to the low score. The absence of earnings call data and corporate events means these factors do not influence the score.

Positive Factors

Strong Gross Profit Margin

A high gross profit margin suggests that PEXA effectively manages its costs, allowing for potential reinvestment in growth and innovation.

Stable Balance Sheet

A stable balance sheet with moderate leverage provides financial flexibility and reduces risk, supporting long-term strategic initiatives.

Cash Generation Ability

Strong cash generation from operations ensures that PEXA can sustain its business activities and fund future growth without relying heavily on external financing.

Negative Factors

Declining Revenue Growth

Declining revenue growth can hinder PEXA's ability to expand its market presence and invest in new initiatives, impacting long-term competitiveness.

Negative Profitability

Negative profitability indicates that PEXA is struggling to convert its revenues into profits, which could limit its ability to reinvest in business growth and innovation.

Decline in Free Cash Flow

Reduced free cash flow limits PEXA's capacity to invest in strategic projects and respond to market opportunities, potentially affecting future growth prospects.

PEXA Group Limited Business Overview & Revenue Model

Company Description

PEXA Group Limited (PXA) operates within the property technology sector, providing a digital platform that facilitates electronic property transactions in Australia. The company specializes in streamlining the conveyancing process, allowing users to complete property settlements online efficiently and securely. PEXA's core services include electronic lodgment of documents and settlement of property transactions, catering to banks, conveyancers, and legal professionals involved in real estate dealings.

How the Company Makes Money

PEXA generates revenue primarily through transaction fees charged for each property settlement conducted on its platform. The company earns fees from financial institutions, conveyancers, and solicitors for the electronic services provided, which include document lodgment and settlement processing. Additionally, PEXA may have partnerships with banks and real estate agencies that further enhance its service offerings and customer base. Factors contributing to its earnings include the increasing adoption of digital solutions in property transactions, regulatory support for electronic settlements, and a growing real estate market in Australia.

PEXA Group Limited Financial Statement Overview

Summary

PEXA Group Limited faces challenges with declining revenue growth and profitability, as reflected in its income statement. The balance sheet remains stable with moderate leverage, but the negative return on equity is a concern. Cash flow generation is adequate, but the significant drop in free cash flow growth could pose risks to future financial flexibility.

Income Statement

PEXA Group Limited has experienced a decline in revenue growth, with a negative growth rate of -2.00% in the most recent year. The gross profit margin remains strong at 82.12%, indicating efficient cost management. However, the company faces challenges with profitability, as evidenced by a negative net profit margin of -20.40% and a negative EBIT margin. The EBITDA margin is positive at 22.30%, suggesting some operational efficiency, but overall profitability is a concern.

Balance Sheet

The company's balance sheet shows a moderate debt-to-equity ratio of 0.28, indicating a balanced approach to leveraging. However, the return on equity is negative at -6.66%, reflecting challenges in generating returns for shareholders. The equity ratio is not explicitly provided, but the company's total assets exceed its liabilities, suggesting a stable financial position.

Cash Flow

PEXA Group Limited's cash flow analysis reveals a significant decline in free cash flow growth at -48.28%, which could impact future investments and operations. The operating cash flow to net income ratio is above 1, indicating that the company generates sufficient cash from operations relative to its net income. However, the free cash flow to net income ratio is moderate at 0.51, suggesting limited cash available after capital expenditures.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	393.63M	373.05M	340.06M	281.69M	279.84M	221.05M
Gross Profit	272.25M	306.34M	289.78M	170.13M	177.00M	126.03M
EBITDA	59.44M	83.18M	103.94M	89.91M	106.56M	94.74M
Net Income	-76.08M	-76.08M	-18.01M	-21.84M	21.85M	-11.79M
Balance Sheet
Total Assets	1.68B	1.68B	1.78B	1.82B	1.81B	1.61B
Cash, Cash Equivalents and Short-Term Investments	70.67M	70.67M	90.46M	36.54M	75.39M	51.52M
Total Debt	324.16M	324.16M	375.08M	306.37M	307.50M	502.08M
Total Liabilities	540.95M	540.95M	553.37M	578.29M	542.19M	581.32M
Stockholders Equity	1.14B	1.14B	1.23B	1.24B	1.26B	1.03B
Cash Flow
Free Cash Flow	116.08M	58.98M	41.10M	8.62M	39.76M	86.19M
Operating Cash Flow	116.77M	116.77M	109.94M	83.23M	89.78M	109.28M
Investing Cash Flow	-63.12M	-63.12M	-117.46M	-119.46M	-80.70M	-23.35M
Financing Cash Flow	-73.50M	-73.50M	61.80M	-2.95M	15.02M	-104.83M

PEXA Group Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 13.79
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:PXA, the sentiment is Negative. The current price of 13.79 is below the 20-day moving average (MA) of 14.25, below the 50-day MA of 14.68, and below the 200-day MA of 13.89, indicating a bearish trend. The MACD of -0.21 indicates Positive momentum. The RSI at 35.33 is Neutral, neither overbought nor oversold. The STOCH value of 14.33 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:PXA.

PEXA Group Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HDN	80 Outperform	AU$2.92B	11.65	8.25%	6.09%	2.70%	205.08%
INA	72 Outperform	AU$2.18B	16.95	8.27%	1.80%	6.96%	815.99%
CIP	70 Outperform	AU$2.09B	15.98	5.38%	4.85%	4.39%	176.52%
BWP	68 Neutral	AU$2.93B	10.85	9.58%	4.87%	16.53%	36.39%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
CLW	52 Neutral	AU$2.98B	25.24	3.57%	6.14%	-9.63%	―
PXA	43 Neutral	AU$2.45B	-32.10	-6.42%	―	15.75%	-323.25%

PEXA Group Limited Corporate Events

PEXA Group Limited Updates Director’s Interest in Securities

PEXA Group Limited has announced a change in the director’s interest, with Russell Cohen acquiring 81,592 performance rights under the company’s Equity Incentive Plan. This move reflects the company’s ongoing commitment to aligning executive interests with long-term company performance, potentially impacting the company’s operational focus and stakeholder confidence positively.

PEXA Group Limited Successfully Passes All Resolutions at 2025 AGM

PEXA Group Limited announced that all resolutions proposed at its 2025 Annual General Meeting were passed by shareholders. This outcome reflects shareholder confidence in the company’s strategic direction and governance, potentially strengthening its position in the digital property exchange industry.

PEXA Group Strengthens Commitment to Reconciliation and Inclusivity

PEXA Group Limited is committed to fostering reconciliation and inclusivity by acknowledging Aboriginal and Torres Strait Islander peoples as traditional custodians of the land. The company emphasizes the importance of co-designing with these communities to build meaningful relationships that offer mutual benefits and contribute to an equitable future.

PEXA Group Limited’s Transformative Year and Strategic Expansion

PEXA Group Limited held its Annual General Meeting, highlighting a transformative year marked by significant management changes and service expansion in Australia and the UK. The company reached a milestone of $5 trillion in processed transactions and completed its mandated national reach in Australia. Designated as National Critical Infrastructure, PEXA emphasized its commitment to cybersecurity and regulatory compliance. The company also engaged in regulatory processes that could shape the industry’s future, including inquiries into eConveyancing competition and preparations for an ELNO pricing review.

PEXA Group Limited Issues New Equity Securities

PEXA Group Limited has announced the issuance of 29,816 ordinary fully paid securities, effective as of October 31, 2025. This issuance involves the conversion or payment up of unquoted equity securities, which may impact the company’s capital structure and potentially influence its market positioning.

PEXA Group Limited Issues Performance Rights to Employees

PEXA Group Limited has announced the issuance of 322,423 performance rights under an employee incentive scheme, which are currently unquoted and subject to transfer restrictions. This move is part of the company’s strategy to incentivize employees, potentially impacting its operational efficiency and market positioning positively.

PEXA Group Limited Announces Director’s Share Acquisition

PEXA Group Limited announced a change in the director’s interest notice, with Director Russell Cohen acquiring 3,929 restricted shares under the FY25 Short Term Incentive Plan. This change reflects the company’s ongoing commitment to aligning executive interests with shareholder value, potentially impacting the company’s governance and stakeholder relations.

PEXA Group Limited Announces Director’s Interest Change

PEXA Group Limited announced a change in the director’s interest, specifically involving Helen Elizabeth Silver. The change includes the conversion of 1,275 Share Rights to Ordinary Shares and the acquisition of 1,247 Share Rights under the Non-Executive Director Share Plan. This plan allows directors to convert part of their board fees into share rights, which upon vesting, convert to Ordinary Shares with certain restrictions. This move reflects the company’s ongoing commitment to aligning director interests with shareholder value, potentially impacting its governance and stakeholder relations.

PEXA Group Reports Strong 1Q26 Performance and Confirms FY26 Guidance

PEXA Group Limited reported a solid performance for the first quarter of FY26, with a 6% increase in property transaction volumes in Australia, driven by strong refinancing activity. In the UK, the company is preparing to launch a PEXA-enabled remortgage service with NatWest, aiming to capture growth opportunities in the market. The company’s efforts in modernizing its Australian Exchange platform and expanding its UK market presence are pivotal to its strategy, as evidenced by increased transaction volumes and market share gains.

PEXA Group Limited Announces 2025 Annual General Meeting

PEXA Group Limited has announced its Annual General Meeting (AGM) scheduled for November 13, 2025, which will be conducted as a hybrid event in Melbourne and online. This meeting will provide shareholders with insights into the company’s strategic direction and operational updates, potentially impacting its market positioning and stakeholder engagement.

PEXA Group Director Alters Shareholding

PEXA Group Limited has announced a change in the director’s interest, with Director Vivek Bhatia disposing of 70,098 ordinary shares through an on-market trade. This transaction reduces his holding to 25,837 ordinary shares, potentially impacting the company’s stock dynamics and signaling changes in the director’s investment strategy.