PEXA Group Limited (PXA) AI Stock Analysis

• Market Cap: AU$2.68B
• Dividend Yield: N/A
• Average Volume (3M): 355.23K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.86
• Revenue Growth: 25.79%
• EPS Growth: -51.40%
• Country: AU
• Employees: 900
• Sector: Real Estate
• Sector Strength: 61
• Industry: Real Estate - Services
• EPS (TTM): -0.07
• Shares Outstanding: 177,598,980
• 10 Day Avg. Volume: 323,266
• 30 Day Avg. Volume: 355,227
• PEG Ratio: 0.31
• Price to Book (P/B): 1.88
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 19.87
• 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$15.36
• Price Target Upside: 1.79% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 4

• Rating: 66 Neutral
• Price Target: AU$16.50 ▲(9.34%Upside)

PEXA Group Limited's overall stock score is driven by strong financial performance with significant revenue growth and cash management. However, profitability issues, as indicated by a negative net profit margin and high negative P/E ratio, weigh heavily on the valuation. The technical analysis suggests bullish momentum, though the stock may be overbought. These factors combined result in a moderate overall stock score.

PEXA Group Limited Business Overview & Revenue Model

Company Description

PEXA Group Limited operates a digital property settlements platform in Australia. It operates through three segments: PEXA Exchange, PEXA International, and PEXA Insights. The company operates electronic lodgement network, a cloud-based platform that enables the digital lodgement and settlement for property transactions. Its PEXA lodgement and settlement services transactions include financial institutions lending funds for property purchases and refinances, practitioners representing individual buyers and sellers, and property developers. The company was formerly known as Torrens Group Holdings Limited. PEXA Group Limited was founded in 2010 and is headquartered in Melbourne, Australia.

How the Company Makes Money

PEXA Group Limited generates revenue primarily through transaction fees charged for each property settlement conducted on its platform. These fees are paid by the parties involved in the real estate transaction, typically shared between the buyers, sellers, and their respective representatives. Additionally, PEXA has established partnerships with major financial institutions and government bodies, enhancing its platform's adoption and integration into existing systems. The company also benefits from offering subscription services for access to its platform and additional features, which provide a steady revenue stream alongside the transactional income.

PEXA Group Limited Financial Statement Overview

Summary

PEXA Group Limited shows strong revenue growth and efficient cash management, but struggles with profitability as indicated by a negative net profit margin and return on equity. The balance sheet is stable with a solid equity ratio, though profitability improvements are needed.

Income Statement

PEXA Group Limited demonstrates strong revenue growth, with a noticeable increase from AUD 281.69 million to AUD 340.06 million (20.69% growth) in the last year. The company's gross profit margin improved slightly to 58.62% from the previous year, indicating efficient cost management. However, the net profit margin remains negative at -5.30%, reflecting ongoing challenges in achieving profitability. EBIT and EBITDA margins are at 4.43% and 30.56%, respectively, showing operational efficiency gains but still highlighting profitability concerns.

Balance Sheet

The company's balance sheet presents a solid equity base with an equity ratio of 68.91%, suggesting good financial stability. However, the debt-to-equity ratio stands at 0.31, indicating a manageable but significant debt level. The return on equity is negative, reflecting the negative net income, which poses a risk to investor returns. Overall, the balance sheet strength is balanced by the need to improve overall profitability.

Cash Flow

PEXA Group Limited shows an impressive free cash flow growth rate of 376.84%, driven by strong operating cash flow and reduced capital expenditures. The operating cash flow to net income ratio is robust, indicating efficient cash generation relative to earnings. Free cash flow to net income ratio is positive, showing effective cash management despite net losses, which bodes well for future liquidity.

Breakdown	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	340.06M	281.69M	279.84M	221.05M	155.59M
Gross Profit	289.78M	170.13M	177.00M	126.03M	70.18M
EBITDA	103.94M	87.45M	107.71M	94.23M	51.69M
Net Income	-18.01M	-21.84M	21.85M	-11.79M	-30.00K
Balance Sheet
Total Assets	1.78B	1.82B	1.81B	1.61B	1.66B
Cash, Cash Equivalents and Short-Term Investments	90.46M	36.54M	75.39M	51.52M	70.42M
Total Debt	375.08M	306.37M	307.50M	502.08M	11.43M
Total Liabilities	553.37M	578.29M	542.19M	581.32M	66.23M
Stockholders Equity	1.23B	1.24B	1.26B	1.03B	1.60B
Cash Flow
Free Cash Flow	41.10M	8.62M	39.76M	86.19M	29.24M
Operating Cash Flow	109.94M	83.23M	89.78M	109.28M	48.36M
Investing Cash Flow	-117.46M	-119.46M	-80.70M	-23.35M	-19.12M
Financing Cash Flow	61.80M	-2.95M	15.02M	-104.83M	-1.40M

PEXA Group Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 15.09
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:PXA, the sentiment is Positive. The current price of 15.09 is above the 20-day moving average (MA) of 13.02, above the 50-day MA of 12.83, and above the 200-day MA of 12.61, indicating a bullish trend. The MACD of 0.15 indicates Negative momentum. The RSI at 79.79 is Negative, neither overbought nor oversold. The STOCH value of 66.55 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:PXA.

PEXA Group Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BWP	74 Outperform	AU$2.50B	8.60	10.93%	5.31%	19.08%	―
HDN	74 Outperform	AU$2.61B	12.51	6.98%	6.80%	-1.08%	―
CIP	69 Neutral	AU$1.96B	20.23	3.99%	5.29%	4.34%	―
PXA	66 Neutral	AU$2.68B	―	-3.78%	―	25.79%	-51.40%
CLW	55 Neutral	AU$2.89B	―	-5.75%	6.14%	-15.42%	65.86%
INA	54 Neutral	AU$2.15B	36.41	3.77%	2.14%	22.09%	-19.31%
Sector *	54 Neutral	$1.23B	3.75	0.67%	6.15%	-2.39%	-129.28%

PEXA Group Limited Corporate Events

PEXA Group Announces CFO Transition

PEXA Group Limited announced that its Chief Financial Officer, Mr. Scott Butterworth, will step down effective 31 July 2025, with Deputy CFO Ms. Liz Warrell stepping in as Acting CFO from 1 August until a permanent replacement is found. This transition marks a significant change in the company’s financial leadership, potentially impacting its strategic direction and stakeholder relations.

The most recent analyst rating on (AU:PXA) stock is a Buy with a A$15.00 price target. To see the full list of analyst forecasts on PEXA Group Limited stock, see the AU:PXA Stock Forecast page.

UniSuper Acquires Substantial Stake in PEXA Group Limited

UniSuper Limited, as a trustee for UniSuper and UniSuper Management Pty Limited, has become a substantial holder in PEXA Group Limited, acquiring a 5.01% voting power through ordinary shares. This acquisition marks a significant stake in PEXA Group Limited, potentially influencing the company’s future decisions and strategic direction, impacting stakeholders and the market.

The most recent analyst rating on (AU:PXA) stock is a Buy with a A$15.00 price target. To see the full list of analyst forecasts on PEXA Group Limited stock, see the AU:PXA Stock Forecast page.

PEXA Group Reports Stable Q3 Trading Amid Economic Volatility

PEXA Group Limited reported that its trading volumes for the Australian Exchange remained stable in the third quarter of 2025, despite economic challenges. The company reaffirmed its fiscal year 2025 guidance, although potential adjustments may occur due to ongoing business assessments. In Australia, transaction volumes increased by 4% compared to the previous year, with refinancing activities benefiting from a recent interest rate cut. PEXA maintained a 90% market penetration nationally and continued its expansion efforts in Tasmania and the Northern Territory. However, the UK remortgage market showed softness, with a decline in market share, although the UK sale and purchase market showed signs of recovery.

PEXA Gains FCA Approval for UK Expansion

PEXA Group Limited has received approval from the UK’s Financial Conduct Authority to operate as an Authorised Payment Institution, a critical step for launching its UK Sale & Purchase product in the second half of 2025. This approval enhances PEXA’s ability to engage with UK financial institutions and conveyancers, strengthening its market position and expanding its product offerings in the UK property market.