SRG Global Limited (SRG) AI Stock Analysis

• Market Cap: AU$1.81B
• Dividend Yield: 1.92%
• Average Volume (3M): 1.93M
• Price to Earnings (P/E): 35.9
• Beta (1Y): 0.91
• Revenue Growth: 23.76%
• EPS Growth: 21.18%
• Country: AU
• Employees: 198
• Sector: Industrials
• Sector Strength: 72
• Industry: Engineering & Construction
• EPS (TTM): 0.06
• Shares Outstanding: 626,592,200
• 10 Day Avg. Volume: 3,085,290
• 30 Day Avg. Volume: 1,933,693
• PEG Ratio: 1.02
• Price to Book (P/B): 2.60
• Price to Sales (P/S): 0.77
• P/FCF Ratio: 15.37
• 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$3.03
• Price Target Upside: 8.21% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 4
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 66 Neutral
• Price Target: AU$3.00 ▲(7.14% Upside)

SRG Global Limited's strong financial performance and upward technical momentum are offset by overvaluation concerns and overbought technical indicators. The company's robust revenue growth and profitability are positive, but the high P/E ratio and overbought conditions suggest caution.

Positive Factors

Revenue Growth

Consistent revenue growth indicates strong demand for SRG's services, enhancing its market position and supporting long-term business expansion.

Profitability Margins

Strong profitability margins reflect operational efficiency and effective cost management, which are crucial for sustaining long-term financial health.

Balance Sheet Health

A solid balance sheet with manageable leverage supports SRG's growth initiatives and provides financial stability, crucial for long-term resilience.

Negative Factors

Free Cash Flow Decline

A decline in free cash flow growth could strain SRG's ability to fund operations and investments, impacting long-term cash generation and financial flexibility.

Low Net Profit Margin

A low net profit margin suggests potential inefficiencies in cost management, which could affect profitability and competitiveness over time.

Cash Management Concerns

Effective cash management is essential for sustaining operations and supporting growth; concerns here could hinder SRG's long-term strategic initiatives.

SRG Global Limited Business Overview & Revenue Model

Company Description

SRG Global Limited (SRG) is an Australian company specializing in the provision of asset services and solutions across various sectors, including mining, infrastructure, and industrial services. The company focuses on delivering engineering, asset management, and maintenance services, as well as innovative solutions in structural and mechanical engineering. SRG is committed to enhancing operational efficiencies and ensuring safety through its advanced technologies and skilled workforce.

How the Company Makes Money

SRG generates revenue primarily through contracts for services in the mining, infrastructure, and industrial sectors. Key revenue streams include asset management and maintenance services, engineering and consulting services, and project delivery across various sectors. The company often engages in long-term contracts with clients, providing a steady income stream. Additionally, partnerships with major industry players and government agencies can lead to significant project opportunities, enhancing SRG's market presence and overall earnings. The company also benefits from ongoing maintenance contracts that provide recurring revenue.

SRG Global Limited Financial Statement Overview

Summary

SRG Global Limited exhibits strong financial performance with robust revenue growth and healthy profitability margins. The balance sheet is solid, with manageable leverage and strong return on equity. However, the decline in free cash flow growth suggests a need for careful cash management.

Income Statement

SRG Global Limited has demonstrated strong revenue growth with a 12.18% increase in the latest year, indicating robust demand for its services. The company maintains healthy profitability margins, with a gross profit margin of 56.50% and a net profit margin of 3.59%. The EBIT and EBITDA margins are also solid at 5.51% and 9.02%, respectively, showcasing operational efficiency. However, the net profit margin is relatively low compared to the gross margin, suggesting room for improvement in cost management.

Balance Sheet

The balance sheet reflects a stable financial position with a manageable debt-to-equity ratio of 0.33, indicating prudent use of leverage. The return on equity is strong at 12.10%, demonstrating effective use of shareholder funds to generate profits. The equity ratio stands at 45.88%, highlighting a solid capital structure. While the debt levels have increased, they remain within a reasonable range, supporting the company's growth initiatives.

Cash Flow

Cash flow analysis reveals a slight decline in free cash flow growth, which decreased by 1.94% in the latest period. The operating cash flow to net income ratio is moderate at 0.26, suggesting that the company is generating sufficient cash from operations to cover its net income. The free cash flow to net income ratio is healthy at 0.70, indicating good cash conversion. However, the decline in free cash flow growth warrants attention to ensure sustainable cash generation.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.32B	1.32B	1.07B	808.99M	644.24M	569.54M
Gross Profit	411.94M	747.63M	604.25M	66.22M	50.48M	39.30M
EBITDA	120.50M	119.39M	95.76M	73.64M	56.23M	47.06M
Net Income	47.48M	47.48M	34.44M	22.56M	20.13M	12.05M
Balance Sheet
Total Assets	855.32M	855.32M	640.48M	620.35M	497.29M	450.91M
Cash, Cash Equivalents and Short-Term Investments	111.86M	111.86M	73.36M	47.85M	59.43M	46.36M
Total Debt	127.96M	127.96M	87.69M	91.86M	57.29M	55.34M
Total Liabilities	462.90M	462.90M	335.43M	329.87M	262.73M	224.11M
Stockholders Equity	392.42M	392.42M	305.05M	290.48M	234.57M	226.80M
Cash Flow
Free Cash Flow	67.40M	66.47M	66.30M	11.50M	40.24M	35.67M
Operating Cash Flow	94.85M	94.85M	93.75M	43.13M	61.12M	55.17M
Investing Cash Flow	-119.87M	-119.87M	-25.27M	-102.48M	-33.56M	-17.32M
Financing Cash Flow	63.61M	63.61M	-42.94M	47.86M	-14.54M	-19.68M

SRG Global Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2.80
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:SRG, the sentiment is Positive. The current price of 2.8 is above the 20-day moving average (MA) of 2.77, above the 50-day MA of 2.68, and above the 200-day MA of 1.82, indicating a bullish trend. The MACD of 0.05 indicates Positive momentum. The RSI at 57.66 is Neutral, neither overbought nor oversold. The STOCH value of 33.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:SRG.

SRG Global Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GNP	73 Outperform	AU$1.26B	35.16	25.18%	0.55%	36.30%	82.20%
GNG	71 Outperform	AU$661.08M	19.21	50.61%	5.34%	12.96%	8.19%
SSM	70 Outperform	€1.34B	22.46	12.08%	2.46%	1.65%	84.19%
SRG	66 Neutral	AU$1.81B	35.95	13.62%	1.92%	23.76%	21.18%
MND	65 Neutral	€2.26B	26.81	17.57%	2.75%	7.20%	32.60%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
NWH	56 Neutral	€2.17B	77.89	4.71%	3.22%	12.18%	-73.81%

SRG Global Limited Corporate Events

SRG Global Secures $650 Million in Contracts Across Diverse Sectors

SRG Global Limited has secured $650 million in contracts with blue-chip clients across diverse sectors in Australia and New Zealand. These contracts span water, defence, transport, energy, industrial, resources, health, and education sectors, highlighting SRG Global’s strong market position and capability to deliver specialized services. This significant achievement underscores the company’s strategic focus on sustainable growth and its ability to leverage its diverse expertise to secure new business opportunities.

SRG Global Announces Director’s Interest Change

SRG Global Limited has announced a change in the director’s interest notice, specifically regarding Mr. Roger Lee. The change involves the acquisition of 1,050,000 performance rights by Mr. Lee through an indirect interest in a trust, following shareholder approval. This adjustment in director’s interests reflects SRG Global’s ongoing governance and compliance with corporate regulations, potentially impacting the company’s leadership dynamics and shareholder relations.

SRG Global Director Increases Performance Rights

SRG Global Limited has announced a change in the interest of its director, Mr. David Macgeorge, in the company’s securities. The change involved the acquisition of 1,550,000 performance rights, increasing his total to 9,200,000 performance rights, while his holding of fully paid ordinary shares remains unchanged at 8,424,534. This adjustment follows shareholder approval received in October 2025, reflecting a strategic move to align the director’s interests with the company’s performance goals.

SRG Global Completes Acquisition of Total AMS Pty Ltd

SRG Global Limited has completed the acquisition of Total AMS Pty Ltd, issuing nearly 14 million new shares to TAMS vendors as part of the transaction. This strategic acquisition is expected to enhance SRG Global’s service offerings and strengthen its market position in the infrastructure services industry.

SRG Global Initiates Trading Halt for Strategic Acquisition Announcement

SRG Global Limited has requested a trading halt on its securities pending an announcement regarding a strategic acquisition. This move indicates a potential significant development for the company, which could impact its market positioning and stakeholder interests, with trading expected to resume by 15 October 2025.

SRG Global Passes All Resolutions at 2025 AGM Amidst First Strike on Remuneration

SRG Global Limited announced that all resolutions proposed at its 2025 Annual General Meeting were passed without amendment. The resolutions included the adoption of the remuneration report, which received more than 25% opposition, marking a first strike under the Corporations Act 2001. This outcome may impact the company’s governance and stakeholder relations moving forward.

SRG Global Limited Aims for Market Leadership in Infrastructure Services

SRG Global Limited, a diversified infrastructure services company, is focused on delivering critical services for major industries with an engineering approach. The company’s vision is to become the most sought-after business in its sector, indicating a strategic emphasis on enhancing its market position and appeal to stakeholders.

SRG Global Celebrates ASX 300 Inclusion and Record Financial Performance

SRG Global Limited has marked a significant milestone by being included in the ASX 300, reflecting its strong market position and strategic growth. The company has achieved record financial results through strategic acquisitions, operational excellence, and a focus on annuity earnings, positioning itself well for sustainable long-term growth.

SRG Global Limited Announces Director’s Interest Change

SRG Global Limited announced a change in the director’s interest, specifically regarding Mr. Roger Lee’s indirect holdings in the company. Mr. Lee’s holdings increased by 1,250,000 fully paid ordinary shares through the exercise of performance rights under the SRG Global Long Term Incentive Plan. This change reflects the company’s ongoing commitment to aligning its leadership’s interests with shareholder value, potentially impacting its market positioning and stakeholder confidence.

SRG Global Announces Details for 2025 Annual General Meeting

SRG Global Limited has announced the details of its upcoming Annual General Meeting, scheduled for October 9, 2025, at the Royal Perth Yacht Club. Shareholders are informed about the electronic availability of the Notice of Meeting and the procedures for proxy lodgements. The company emphasizes the importance of updating shareholder details for future electronic communications and will keep stakeholders informed of any changes to the meeting arrangements through its website and ASX announcements.

SRG Global Limited Announces Key Resolutions for Upcoming AGM

SRG Global Limited has announced its Annual General Meeting, which will address several key resolutions impacting the company’s governance and executive compensation. The meeting will consider the adoption of the remuneration report, the election and re-election of non-executive directors, an increase in the total aggregate remuneration for non-executive directors, and the issuance of performance rights to the CEO. These resolutions are significant as they reflect the company’s strategic focus on governance and executive incentives, which may influence shareholder value and corporate performance.