PEXA Group Limited (AU:PXA)
ASX:PXA
Top Page
PEXA Group Limited
(Sydney:PXA)
Select Model
Select Model
Rating:43Neutral
Price Target:
AU$13.00
▼(-13.62% Downside)
Action:ReiteratedDate:10/31/25
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
Platform business model & network effects
PEXA’s platform connects banks, conveyancers and land registries, creating durable network effects tied to transaction volume. The transaction-fee model scales as adoption rises, raising switching costs and client lock-in that support steady revenue generation over months to years.
Negative Factors
Negative profitability
A -20.40% net margin and negative EBIT reflect that core operations are loss-making. Sustained operating losses erode equity, limit retained capital for growth initiatives and may force cost cuts or external capital raises to restore profitable operations over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Platform business model & network effects
PEXA’s platform connects banks, conveyancers and land registries, creating durable network effects tied to transaction volume. The transaction-fee model scales as adoption rises, raising switching costs and client lock-in that support steady revenue generation over months to years.
Read all positive factors
PEXA Group Limited (PXA) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$2.65B
Dividend YieldN/A
Average Volume (3M)369.60K
Price to Earnings (P/E)―
Beta (1Y)0.47
Revenue Growth15.75%
EPS Growth-323.25%
CountryAU
Employees900
SectorTechnology
Sector Strength88
IndustryReal Estate - Services
Share Statistics
EPS (TTM)0.12
Shares Outstanding175,936,200
10 Day Avg. Volume283,624
30 Day Avg. Volume369,598
Financial Highlights & Ratios
PEG Ratio-0.10
Price to Book (P/B)2.11
Price to Sales (P/S)6.46
P/FCF Ratio40.84
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$17.79Price Target Upside18.21% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering6
EPS Forecast (FY)0.28
Revenue Forecast (FY)AU$408.02M
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 t...
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 ...
PEXA Group Limited Financial Statement Overview
Summary
Income Statement
45
Neutral
Balance Sheet
60
Neutral
Cash Flow
50
Neutral
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 406.45M | 373.05M | 340.06M | 281.69M | 279.84M | 221.05M |
| Gross Profit | 234.31M | 306.34M | 289.78M | 170.13M | 177.00M | 126.03M |
| EBITDA | 112.12M | 83.18M | 103.94M | 89.91M | 106.56M | 94.74M |
| Net Income | -57.63M | -76.08M | -18.01M | -21.84M | 21.85M | -11.79M |
Balance Sheet | ||||||
| Total Assets | 1.65B | 1.68B | 1.78B | 1.82B | 1.81B | 1.61B |
| Cash, Cash Equivalents and Short-Term Investments | 79.27M | 70.67M | 90.46M | 36.54M | 75.39M | 51.52M |
| Total Debt | 303.34M | 324.16M | 375.08M | 306.37M | 307.50M | 502.08M |
| Total Liabilities | 522.83M | 540.95M | 553.37M | 578.29M | 542.19M | 581.32M |
| Stockholders Equity | 1.13B | 1.14B | 1.23B | 1.24B | 1.26B | 1.03B |
Cash Flow | ||||||
| Free Cash Flow | 127.92M | 58.98M | 41.10M | 8.62M | 39.76M | 86.19M |
| Operating Cash Flow | 128.74M | 116.77M | 109.94M | 83.23M | 89.78M | 109.28M |
| Investing Cash Flow | -60.21M | -63.12M | -117.46M | -119.46M | -80.70M | -23.35M |
| Financing Cash Flow | -44.81M | -73.50M | 61.80M | -2.95M | 15.02M | -104.83M |
PEXA Group Limited Technical Analysis
Positive
15.05
Price Trends
14.47
Positive
14.34
Positive
14.66
Positive
Market Momentum
0.18
Positive
51.89
Neutral
44.82
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 15.05 is below the 20-day moving average (MA) of 15.17, above the 50-day MA of 14.47, and above the 200-day MA of 14.66, indicating a neutral trend. The MACD of 0.18 indicates Positive momentum. The RSI at 51.89 is Neutral, neither overbought nor oversold. The STOCH value of 44.82 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
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | AU$2.49B | 2.94 | 11.96% | 6.09% | 2.70% | 205.08% | |
70 Outperform | AU$1.54B | 5.41 | 8.46% | 1.81% | 6.96% | 815.99% | |
70 Outperform | AU$1.85B | 7.50 | 5.63% | 4.85% | 4.39% | 176.52% | |
69 Neutral | AU$2.64B | 3.21 | 11.25% | 4.87% | 16.53% | 36.39% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
54 Neutral | AU$2.45B | 4.72 | 6.69% | 6.14% | -9.63% | ― | |
43 Neutral | AU$2.65B | -41.37 | -6.42% | ― | 15.75% | -323.25% |
* Technology Sector Average
AU:PXA
PEXA Group Limited
15.54
4.13
36.20%
AU:BWP
BWP Trust
3.66
0.33
9.98%
AU:CLW
Charter Hall Long WALE REIT
3.49
-0.14
-3.86%
AU:HDN
HomeCo Daily Needs REIT
1.20
0.06
5.08%
AU:INA
Ingenia Communities Group
3.95
-1.45
-26.88%
AU:CIP
Centuria Industrial REIT
2.95
0.12
4.24%
PEXA Group Limited Corporate Events
PEXA issues 19,872 unquoted performance rights under employee incentive plan
Feb 10, 2026
PEXA Group Limited has notified the market of the issue of 19,872 unquoted performance rights under its employee incentive scheme, effective 12 January 2026. The securities, which will not be quoted on the ASX, reflect the company’s continue...
State Street Group Ceases to Be Substantial Holder in PEXA Group
Feb 6, 2026
State Street Corporation, through a group of its asset management and custody subsidiaries including SSGA Funds Management, Inc. and State Street Global Advisors entities in the US, Europe and Australia, has lodged a notice that it has ceased to b...
PEXA Notes Revised Timetable for IPART Review of ELNO Service Fees
Jan 30, 2026
PEXA Group Limited has acknowledged the Independent Pricing and Regulatory Tribunal’s revised timetable for its review of Electronic Lodgement Network Operator service fees, signalling that the regulatory process governing pricing for key di...
PEXA sets date for 1H26 results and investor briefing
Jan 26, 2026
PEXA Group Limited will release its half-year financial results for the period ended 31 December 2025 on 27 February 2026 and will host a briefing session for investors and analysts at 10:30am AEDT the same day, accessible via conference call or w...
PEXA Responds to Release of Submission in NSW Review of ELNO Service Fees
Jan 22, 2026
PEXA Group Limited has acknowledged the release by the New South Wales Independent Pricing and Regulatory Tribunal of a redacted version of its submission to the ongoing review of service fees charged by Electronic Lodgement Network Operators. The...
PEXA Group Limited Issues New Securities
Dec 11, 2025
PEXA Group Limited has announced the issuance of 60,856 ordinary fully paid securities, effective from November 19, 2025. This move involves the conversion of unquoted options or convertible securities, potentially impacting the company’s eq...
PEXA Group Limited Updates Director’s Interest in Securities
Dec 5, 2025
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 aligni...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.