SRG Global Limited (SRG) AI Stock Analysis

• Market Cap: AU$1.70B
• Dividend Yield: 2.05%
• Average Volume (3M): 1.93M
• Price to Earnings (P/E): 33.7
• Beta (1Y): 0.78
• 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$2.76
• Price Target Upside: 3.37% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 5
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 66 Neutral
• Price Target: AU$3.00 ▲(12.36% 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.

SRG Global Limited Business Overview & Revenue Model

Company Description

SRG Global Limited provides engineering-led specialist asset maintenance, mining services, and engineering and construction services in Australia and internationally. The company operates through Asset Maintenance; Mining Services; and Engineering and Construction segments. The Asset Maintenance segment supplies integrated services to customers in various sectors, including oil and gas, energy, infrastructure, offshore, mining, power generation, water treatment plants, commissioning, decommissioning, shutdowns, and civil works. The Mining Services segment offers ground solutions, including production drilling, ground and slope stabilization, and design engineering and monitoring services. The Engineering and Construction segment supplies integrated products and services to customers involved in the construction of infrastructure, which includes bridges, dams, office towers, high rise apartments, shopping centers, hotels, car parks, recreational buildings, and hospitals. The company was formerly known as Structural Systems Limited and changed its name to SRG Global Limited in November 2014. SRG Global Limited was founded in 1961 and is headquartered in Subiaco, Australia.

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: 2.67
• 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 2.67 is below the 20-day moving average (MA) of 2.76, above the 50-day MA of 2.37, and above the 200-day MA of 1.69, indicating a neutral trend. The MACD of 0.08 indicates Positive momentum. The RSI at 53.51 is Neutral, neither overbought nor oversold. The STOCH value of 26.06 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%	0.57%	36.30%	82.20%
GNG	71 Outperform	AU$661.08M	19.21	50.61%	5.18%	12.96%	8.19%
SSM	70 Outperform	€1.34B	22.46	12.08%	2.44%	1.65%	84.19%
SRG	66 Neutral	AU$1.70B	33.71	13.62%	2.05%	23.76%	21.18%
MND	65 Neutral	€2.26B	26.81	17.57%	2.67%	7.20%	32.60%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
NWH	63 Neutral	€2.17B	77.89	4.71%	3.24%	12.18%	-73.81%

SRG Global Limited Corporate Events

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.

The most recent analyst rating on (AU:SRG) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on SRG Global Limited stock, see the AU:SRG Stock Forecast page.

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.

The most recent analyst rating on (AU:SRG) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on SRG Global Limited stock, see the AU:SRG Stock Forecast page.

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.

The most recent analyst rating on (AU:SRG) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on SRG Global Limited stock, see the AU:SRG Stock Forecast page.

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.

The most recent analyst rating on (AU:SRG) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on SRG Global Limited stock, see the AU:SRG Stock Forecast page.

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.

The most recent analyst rating on (AU:SRG) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on SRG Global Limited stock, see the AU:SRG Stock Forecast page.

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.

The most recent analyst rating on (AU:SRG) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on SRG Global Limited stock, see the AU:SRG Stock Forecast page.

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.

The most recent analyst rating on (AU:SRG) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on SRG Global Limited stock, see the AU:SRG Stock Forecast page.

SRG Global Limited Announces New Dividend Distribution

SRG Global Limited has announced a new dividend distribution of AUD 0.03 per share for its ordinary fully paid securities. The dividend relates to the six-month period ending on June 30, 2025, with an ex-date of September 26, 2025, a record date of September 29, 2025, and a payment date of October 10, 2025. This announcement reflects the company’s ongoing commitment to returning value to its shareholders and may impact its financial positioning and stakeholder relations positively.

The most recent analyst rating on (AU:SRG) stock is a Buy with a A$1.40 price target. To see the full list of analyst forecasts on SRG Global Limited stock, see the AU:SRG Stock Forecast page.

SRG Global Releases 2025 Corporate Governance Statement

SRG Global Limited has released its 2025 Corporate Governance Statement, outlining the company’s governance framework and practices. The statement covers various aspects such as board composition, director selection, remuneration, risk management, and governance policies, highlighting SRG Global’s commitment to maintaining robust governance standards to enhance its operational effectiveness and stakeholder trust.

The most recent analyst rating on (AU:SRG) stock is a Buy with a A$1.40 price target. To see the full list of analyst forecasts on SRG Global Limited stock, see the AU:SRG Stock Forecast page.

SRG Global Reports Record FY25 Results and Positive FY26 Outlook

SRG Global Limited has reported record financial results for the fiscal year ending June 30, 2025, with a 24% increase in revenue to $1,323.3 million and a 29% rise in underlying EBITDA to $127.1 million. The company has transitioned to a net cash position and announced a profit guidance for FY26, expecting a growth of approximately 10% in EBITDA and EBIT(A). This strong performance is attributed to the successful integration of Diona, now part of SRG Global Utilities, and a robust work pipeline valued at $3.6 billion, positioning the company for continued growth and delivering excellent returns to shareholders.

The most recent analyst rating on (AU:SRG) stock is a Buy with a A$1.40 price target. To see the full list of analyst forecasts on SRG Global Limited stock, see the AU:SRG Stock Forecast page.

SRG Global Limited Releases 2025 Annual Report

SRG Global Limited has released its 2025 Annual Report, highlighting its commitment to delivering critical infrastructure services through its Maintenance & Industrial Services and Engineering & Construction divisions. The report underscores the company’s strategic focus on solving complex industry problems, which is expected to enhance its operational efficiency and strengthen its position in the infrastructure services market.

The most recent analyst rating on (AU:SRG) stock is a Buy with a A$1.40 price target. To see the full list of analyst forecasts on SRG Global Limited stock, see the AU:SRG Stock Forecast page.

SRG Global to Announce FY25 Results and AGM Details

SRG Global Ltd is set to announce its full year results for the 2025 financial year on 19 August 2025, with an investor briefing to follow. The company also scheduled its Annual General Meeting for 9 October 2025, with director nominations closing on 20 August 2025. These announcements highlight SRG Global’s commitment to transparency and stakeholder engagement, potentially impacting its market positioning and investor relations.

The most recent analyst rating on (AU:SRG) stock is a Buy with a A$1.40 price target. To see the full list of analyst forecasts on SRG Global Limited stock, see the AU:SRG Stock Forecast page.