Steadfast Group Limited (SDF) AI Stock Analysis

• Market Cap: AU$5.91B
• Dividend Yield: 3.7%
• Average Volume (3M): 2.29M
• Price to Earnings (P/E): 17.6
• Beta (1Y): 0.71
• Revenue Growth: 9.16%
• EPS Growth: 43.16%
• Country: AU
• Employees: 415
• Sector: Financial
• Sector Strength: 70
• Industry: Insurance - Brokers
• EPS (TTM): 0.17
• Shares Outstanding: 1,111,991,600
• 10 Day Avg. Volume: 1,745,503
• 30 Day Avg. Volume: 2,288,821
• PEG Ratio: 0.46
• Price to Book (P/B): 2.77
• Price to Sales (P/S): 3.64
• P/FCF Ratio: 13.52
• 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$6.13
• Price Target Upside: 15.04% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 6
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 65 Neutral
• Price Target: AU$6.00 ▲(12.57% Upside)

Steadfast Group Limited's overall stock score is driven by its solid financial performance, which is the strongest aspect of the company. Technical analysis suggests some bearish momentum, and valuation metrics are neutral, neither indicating significant undervaluation nor overvaluation.

Positive Factors

Business Model Strength

The diversified revenue streams from brokerage, underwriting, and membership fees provide a stable financial foundation and reduce reliance on any single income source, enhancing long-term business resilience.

Cash Generation Ability

Effective cash flow management ensures the company can fund operations, invest in growth opportunities, and return capital to shareholders, supporting sustainable business operations.

Profitability and Margins

Consistent and improving profit margins indicate efficient operations and pricing power, which contribute to long-term financial stability and competitive advantage.

Negative Factors

Revenue Growth Challenges

Slowing revenue growth could signal market saturation or increased competition, potentially impacting future earnings and necessitating strategic adjustments to sustain growth.

Debt Levels

While leverage is moderate, maintaining a balanced debt level is crucial to avoid financial strain and ensure flexibility for future investments and economic downturns.

Market Position

While leading in Australasia, expanding market presence beyond this region may present challenges, requiring strategic initiatives to drive international growth and diversification.

Steadfast Group Limited Business Overview & Revenue Model

Company Description

Steadfast Group Limited provides general insurance brokerage services Australasia, Asia, and Europe. It also provides insurance underwriting services and related services. The company offers business insurance products, such as aviation, business pack, business interruption, contract works, corporate travel, cyber, events, farm, marine, management liability, product liability, professional indemnity, public liability, trade credit, and workers' compensation insurance. It also provides personal insurance products, including home and contents, landlord, life, motor, and strata insurance. The company operates a network of 427 general insurance brokers and 28 underwriting agencies. Steadfast Group Limited was incorporated in 1996 and is based in Sydney, Australia.

How the Company Makes Money

Steadfast Group generates revenue primarily through its brokerage services, where it earns commissions from insurers for placing business with them. The company also generates income from its underwriting operations, where it retains a portion of premiums for risks it underwrites directly. Additionally, Steadfast benefits from membership fees paid by its network of brokerages, which provide access to shared resources, training, and support. Significant partnerships with various insurers enhance its competitive positioning and revenue potential, allowing the company to negotiate favorable terms and improve its overall profitability.

Steadfast Group Limited Financial Statement Overview

Summary

Steadfast Group Limited exhibits solid financial health with strong profitability and cash flow metrics. While revenue growth has recently slowed, the company maintains efficient operations and a stable balance sheet.

Income Statement

Steadfast Group Limited shows strong profitability with a consistent gross profit margin and improving net profit margin over the years. However, the recent decline in revenue growth rate indicates potential challenges in maintaining top-line growth. The EBIT and EBITDA margins are robust, reflecting efficient operations.

Balance Sheet

The company's balance sheet is stable with a moderate debt-to-equity ratio, suggesting a balanced approach to leverage. Return on equity has been improving, indicating effective use of shareholder funds. However, the equity ratio is not explicitly provided, which limits a comprehensive assessment of asset financing.

Cash Flow

Steadfast Group Limited demonstrates strong cash flow management with a positive free cash flow growth rate and high free cash flow to net income ratio. The operating cash flow to net income ratio is healthy, indicating good cash generation relative to earnings.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.87B	1.82B	1.76B	1.46B	885.50M	902.00M
Gross Profit	1.32B	1.32B	862.00M	696.00M	423.00M	539.40M
EBITDA	575.40M	665.00M	587.00M	463.60M	362.50M	265.90M
Net Income	334.90M	334.90M	228.00M	189.20M	171.60M	143.00M
Balance Sheet
Total Assets	6.43B	6.43B	5.71B	4.89B	3.92B	3.01B
Cash, Cash Equivalents and Short-Term Investments	1.60B	1.60B	1.33B	1.14B	945.00M	737.30M
Total Debt	1.63B	1.63B	1.30B	1.04B	938.70M	790.00M
Total Liabilities	3.80B	3.80B	3.14B	2.64B	2.10B	1.74B
Stockholders Equity	2.40B	2.40B	2.33B	2.04B	1.68B	1.16B
Cash Flow
Free Cash Flow	492.70M	490.30M	287.40M	408.40M	64.70M	239.10M
Operating Cash Flow	498.70M	498.50M	298.70M	424.60M	73.20M	250.30M
Investing Cash Flow	-196.50M	-196.30M	-441.20M	-348.20M	-262.40M	-114.00M
Financing Cash Flow	-26.90M	-26.90M	331.30M	117.60M	223.40M	-58.90M

Steadfast Group Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 5.33
• 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:SDF, the sentiment is Neutral. The current price of 5.33 is above the 20-day moving average (MA) of 5.18, above the 50-day MA of 5.31, and below the 200-day MA of 5.73, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 55.49 is Neutral, neither overbought nor oversold. The STOCH value of 70.18 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:SDF.

Steadfast Group Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
SDF	65 Neutral	AU$5.91B	17.56	14.17%	3.70%	9.16%	43.16%
AUB	60 Neutral	AU$3.62B	20.13	11.17%	2.95%	10.98%	23.05%
CGF	60 Neutral	$6.28B	32.61	4.84%	3.10%	11.78%	47.53%
AFG	52 Neutral	AU$587.00M	16.72	16.81%	4.21%	14.37%	20.75%
IFL	51 Neutral	$3.10B	192.12	0.72%	―	-15.63%	―