tiprankstipranks
Trending News
More News >
Super Retail Group Limited (AU:SUL)
ASX:SUL
Australian Market

Super Retail Group Limited (SUL) AI Stock Analysis

Compare
79 Followers

Top Page

AU:SUL

Super Retail Group Limited

(Sydney:SUL)

Select Model
Select Model
Select Model
Outperform 71 (OpenAI - 5.2)
Rating:71Outperform
Price Target:
AU$16.00
▲(9.14% Upside)
Super Retail Group Limited's stock score is primarily driven by its stable financial performance and attractive valuation. The company's solid revenue growth and profitability are offset by declining EBIT margins and increased leverage. The technical analysis indicates a neutral trend with moderate momentum. The attractive dividend yield enhances the stock's appeal, contributing to a favorable valuation score.
Positive Factors
Diversified Brand Portfolio & Omnichannel Reach
Super Retail's portfolio (Supercheap Auto, BCF, Rebel, Macpac) across automotive, outdoor and sporting categories and its store + e‑commerce network create durable revenue diversification. Category spread and omnichannel distribution reduce single‑market volatility and support steady demand and scale efficiencies.
Strong Gross Margins
Consistently strong gross margins indicate effective buying, merchandising and private/owned‑label strategies that sustainably protect retail spreads. High gross margins underpin cash generation and give management room to invest in inventory, logistics and customer channels without relying solely on top‑line growth.
Robust Operating Cash Flow
Solid operating cash flow and a strong cash‑to‑income conversion provide durable internal funding for working capital, maintenance capex and reinvestment into omnichannel capabilities. Reliable OCF enhances financial flexibility to service debt and support sustained operations through cycles.
Negative Factors
Declining EBIT Margin
A meaningful drop in EBIT margin signals weakening operating efficiency or rising overheads. Persisting margin compression erodes operating profitability, limits reinvestment capacity and pressures long‑term returns unless cost structure or pricing power is restored through strategic actions.
Increased Financial Leverage
Higher leverage reduces financial flexibility and increases interest burden, leaving less room for strategic investments or resilience in downturns. Elevated debt levels can constrain ability to pursue growth initiatives, refurbish stores or accelerate omnichannel investment without added refinancing risk.
Declining Free Cash Flow Growth
A drop in free cash flow growth curtails internally available capital for expansion, store upgrades and debt reduction. Over time this can force greater reliance on external funding, hamper strategic investments in e‑commerce and store experience, and weaken the balance sheet's ability to absorb shocks.

Super Retail Group Limited (SUL) vs. iShares MSCI Australia ETF (EWA)

Super Retail Group Limited Business Overview & Revenue Model

Company DescriptionSuper Retail Group Limited engages in the retail of auto, sports, and outdoor leisure products in Australia and New Zealand. It offers automotive parts and accessories, handyman items, and tools and equipment, and marine and motorbike products, including batteries, car care products, exterior accessories, hand and power tools, in-car navigation systems, in-car stereo equipment, lighting and electrical products, oils, filters and additives, outdoor equipment and accessories, seat covers and interior accessories, spare parts, paints and panels, and performance products. The company also provides footwear, fitness and sports equipment, apparel, and related accessories; fishing products, such as lures, rods and reels, tackle boxes, fishing nets, and other products; camping products, including tents, ropes, pegs, cooking equipment, and clothing and hiking gears, as well as boating products comprising fishing rod holders, bilge pumps, fish-finders, etc. In addition, it offers apparel and equipment for mountain climbers, campers, hikers, and others; and products for travel, touring, outdoor, garage, and shed, as well as vehicles for adventure activities. The company sells its products under the Supercheap Auto, rebel, BCF, and Macpac brands; and offers its products online. It operates 716 stores. Super Retail Group Limited was founded in 1972 and is based in Strathpine, Australia.
How the Company Makes MoneySuper Retail Group generates revenue through the retail sale of a broad assortment of products in its specialty stores and online platforms. Its key revenue streams include direct sales from sporting goods, outdoor equipment, and automotive parts. The company benefits from a strong brand portfolio that attracts diverse customer demographics, driving consistent sales growth. Additionally, SUL capitalizes on seasonal promotions, loyalty programs, and private label products to enhance profit margins. The company also engages in partnerships with suppliers and brands to secure exclusive products, further differentiating its offerings in the marketplace. Overall, the combination of physical retail presence and a growing e-commerce strategy contributes to its financial performance.

Super Retail Group Limited Financial Statement Overview

Summary
Super Retail Group Limited demonstrates solid revenue growth and profitability, with strong gross margins. However, declining EBIT margins and increased leverage pose potential risks. The company maintains healthy cash flow generation, but the decrease in free cash flow growth warrants attention. Overall, the financial health is stable, but careful management of operational efficiency and leverage is crucial for sustained growth.
Income Statement
75
Positive
Super Retail Group Limited has shown consistent revenue growth over the years, with a 2.54% increase in the latest year. The gross profit margin remains strong, indicating effective cost management. However, the net profit margin has slightly decreased, reflecting potential challenges in controlling operating expenses. The EBIT margin has significantly dropped in the latest year, suggesting a decline in operational efficiency.
Balance Sheet
70
Positive
The company's debt-to-equity ratio has increased, indicating higher leverage, which could pose a risk if not managed properly. However, the return on equity remains healthy, reflecting efficient use of equity to generate profits. The equity ratio is stable, suggesting a balanced approach to financing assets.
Cash Flow
68
Positive
Operating cash flow remains robust, but there is a noticeable decline in free cash flow growth, which could impact future investments. The operating cash flow to net income ratio is strong, indicating good cash generation relative to net income. However, the free cash flow to net income ratio has decreased, suggesting reduced cash available after capital expenditures.
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue4.07B4.07B3.88B3.80B3.55B3.45B
Gross Profit1.86B1.86B1.80B1.76B1.66B1.66B
EBITDA605.70M678.10M727.40M755.30M706.60M768.20M
Net Income221.80M221.80M240.10M263.00M241.20M301.00M
Balance Sheet
Total Assets3.34B3.34B3.26B3.50B3.27B3.33B
Cash, Cash Equivalents and Short-Term Investments63.30M63.30M217.80M192.30M13.40M242.30M
Total Debt1.24B1.24B1.10B1.03B1.01B989.60M
Total Liabilities2.02B2.02B1.89B2.13B1.99B2.10B
Stockholders Equity1.32B1.32B1.37B1.37B1.29B1.23B
Cash Flow
Free Cash Flow375.90M411.60M452.80M564.50M171.80M473.10M
Operating Cash Flow541.60M577.30M587.80M674.10M296.80M558.10M
Investing Cash Flow-165.40M-165.40M-134.90M-108.50M-124.70M-84.50M
Financing Cash Flow-502.00M-566.30M-474.80M-386.80M-401.20M-516.30M

Super Retail Group Limited Technical Analysis

Technical Analysis Sentiment
Negative
Last Price14.66
Price Trends
50DMA
15.93
Negative
100DMA
16.47
Negative
200DMA
15.15
Negative
Market Momentum
MACD
-0.30
Positive
RSI
30.07
Neutral
STOCH
35.54
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:SUL, the sentiment is Negative. The current price of 14.66 is below the 20-day moving average (MA) of 15.61, below the 50-day MA of 15.93, and below the 200-day MA of 15.15, indicating a bearish trend. The MACD of -0.30 indicates Positive momentum. The RSI at 30.07 is Neutral, neither overbought nor oversold. The STOCH value of 35.54 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:SUL.

Super Retail Group Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
71
Outperform
AU$3.31B14.9316.46%7.20%4.83%-7.62%
61
Neutral
$18.38B12.79-2.54%3.03%1.52%-15.83%
59
Neutral
AU$2.12B36.7421.99%2.63%5.79%-31.70%
58
Neutral
AU$9.88B21.3629.12%2.54%10.03%5.38%
55
Neutral
AU$649.04M21.9216.86%2.86%1.89%-3.30%
54
Neutral
AU$1.59B138.458.81%20.66%543.24%
47
Neutral
$384.57M-9.86-40.52%4.00%6.24%-23341.18%
* Consumer Cyclical Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:SUL
Super Retail Group Limited
14.66
0.35
2.45%
AU:KGN
Kogan.com
3.93
-1.34
-25.44%
AU:TPW
Temple & Webster Group Ltd
13.18
0.31
2.41%
AU:NCK
Nick Scali Limited
24.80
10.23
70.21%
AU:JBH
JB Hi-Fi Limited
90.37
-0.61
-0.67%
AU:BLX
Beacon Lighting Group Ltd
2.83
-0.10
-3.41%

Super Retail Group Limited Corporate Events

Super Retail Group Posts Record First-Half Sales but Promotions Pressure Margins
Jan 11, 2026

Super Retail Group reported another record first-half sales performance for FY26, with group revenue expected to reach about $2.2 billion and normalised profit before tax forecast between $172 million and $175 million. Like-for-like sales rose 2.5% across the group, led by strong growth at Macpac and solid gains at Supercheap Auto and Rebel, while BCF lagged due to weather-related softness in key fishing and marine categories. Management highlighted that elevated promotional activity, particularly at Rebel, weighed on gross margins and profit, and noted higher costs tied to an active store rollout and refurbishment program. Group and unallocated costs were also affected by duplication expenses from a new Victorian distribution centre and a new HR and payroll platform, both due to go live in the second half, while the group ended the period with no drawn bank debt and a positive cash balance, underscoring a robust balance sheet heading into the remainder of the financial year.

The most recent analyst rating on (AU:SUL) stock is a Buy with a A$17.90 price target. To see the full list of analyst forecasts on Super Retail Group Limited stock, see the AU:SUL Stock Forecast page.

Super Retail Group Performance Rights Lapse Reduces Potential Equity Dilution
Jan 4, 2026

Super Retail Group Limited has notified the market that 201,810 performance rights (ASX security code SULAQ) have lapsed as of 31 December 2025 because the vesting conditions were not met or became incapable of being satisfied. The cessation of these performance rights represents a reduction in potential future equity dilution for existing shareholders and reflects the operation of the company’s long-term incentive arrangements, but does not involve any cash outlay or change to currently issued ordinary shares.

The most recent analyst rating on (AU:SUL) stock is a Buy with a A$17.90 price target. To see the full list of analyst forecasts on Super Retail Group Limited stock, see the AU:SUL Stock Forecast page.

Super Retail Group to Issue 247,091 Unquoted Performance Rights Under Staff Incentive Plan
Jan 4, 2026

Super Retail Group Limited has notified the market of the planned issue of 247,091 unquoted performance rights under its employee incentive scheme, with an issue date set for 3 November 2025. The new securities, which are subject to transfer restrictions and will not be quoted on the ASX until those restrictions lapse, underscore the company’s continued use of equity-based remuneration to align staff incentives with shareholder interests and support long-term performance.

The most recent analyst rating on (AU:SUL) stock is a Buy with a A$17.90 price target. To see the full list of analyst forecasts on Super Retail Group Limited stock, see the AU:SUL Stock Forecast page.

Super Retail Group Issues 121,514 New Shares on Conversion of Unquoted Securities
Jan 4, 2026

Super Retail Group Limited has notified the market of the issue of 121,514 ordinary fully paid shares following the exercise or conversion of unquoted options or other unquoted convertible securities. The new shares, dated 4 November 2025, represent a modest expansion of the company’s equity base and reflect the crystallisation of existing incentive or financing instruments, with limited immediate impact on overall capital structure but signalling ongoing use of equity-linked compensation or funding mechanisms.

The most recent analyst rating on (AU:SUL) stock is a Buy with a A$17.90 price target. To see the full list of analyst forecasts on Super Retail Group Limited stock, see the AU:SUL Stock Forecast page.

Super Retail Group Issues Performance Rights to Employees
Dec 8, 2025

Super Retail Group Limited has announced the issuance of 9,341 performance rights under an employee incentive scheme. These securities are unquoted and subject to transfer restrictions, reflecting the company’s ongoing efforts to incentivize and retain its workforce, which could strengthen its operational capabilities and market position.

The most recent analyst rating on (AU:SUL) stock is a Buy with a A$20.50 price target. To see the full list of analyst forecasts on Super Retail Group Limited stock, see the AU:SUL Stock Forecast page.

Supercheap Auto Announces Leadership Change
Nov 10, 2025

Super Retail Group Limited has announced the immediate resignation of Benjamin Ward, the Managing Director of Supercheap Auto. Ben McConnell, currently the General Manager of Retail Operations, has been appointed as the Interim Managing Director while the company searches for a permanent replacement. This leadership change could impact the company’s operations and strategic direction in the automotive retail sector.

The most recent analyst rating on (AU:SUL) stock is a Buy with a A$18.00 price target. To see the full list of analyst forecasts on Super Retail Group Limited stock, see the AU:SUL Stock Forecast page.

Super Retail Group Appoints New Director with Significant Shareholding
Nov 7, 2025

Super Retail Group Limited has announced the appointment of Paul Bradshaw as a director, effective November 1, 2025. Mr. Bradshaw holds 101,481 performance rights and 220,032 fully paid ordinary shares, with an additional 12,582 shares held in trust, indicating a significant vested interest in the company’s future. This appointment is expected to influence the company’s strategic direction and potentially impact its market positioning, given Mr. Bradshaw’s substantial shareholding.

The most recent analyst rating on (AU:SUL) stock is a Buy with a A$18.00 price target. To see the full list of analyst forecasts on Super Retail Group Limited stock, see the AU:SUL Stock Forecast page.

Super Retail Group Issues New Securities to Strengthen Market Position
Nov 6, 2025

Super Retail Group Limited announced the issuance of 113,148 ordinary fully paid securities, effective November 4, 2025. This move reflects the company’s ongoing efforts to manage its equity structure and could potentially impact its market positioning by enhancing its financial flexibility. Stakeholders may view this as a strategic step to bolster the company’s capital base, which could influence future growth and operational strategies.

The most recent analyst rating on (AU:SUL) stock is a Buy with a A$18.00 price target. To see the full list of analyst forecasts on Super Retail Group Limited stock, see the AU:SUL Stock Forecast page.

Super Retail Group Issues Performance Rights to Employees
Nov 5, 2025

Super Retail Group Limited announced the issuance of 138,244 performance rights under an employee incentive scheme, which are not quoted on the ASX due to transfer restrictions. This move is part of the company’s strategy to incentivize employees, potentially impacting its operational efficiency and stakeholder engagement by aligning employee interests with company performance.

The most recent analyst rating on (AU:SUL) stock is a Buy with a A$18.00 price target. To see the full list of analyst forecasts on Super Retail Group Limited stock, see the AU:SUL Stock Forecast page.

Reuben Casey Takes Helm as Macpac’s Managing Director
Oct 24, 2025

Super Retail Group Limited has announced that Reuben Casey has officially commenced his role as Managing Director of Macpac, replacing Cathy Seaholme. This leadership change is expected to influence Macpac’s strategic direction and potentially impact its market positioning within the outdoor adventure gear sector.

The most recent analyst rating on (AU:SUL) stock is a Buy with a A$20.50 price target. To see the full list of analyst forecasts on Super Retail Group Limited stock, see the AU:SUL Stock Forecast page.

Super Retail Group’s 2025 AGM Resolutions Passed
Oct 23, 2025

Super Retail Group Limited announced the results of its 2025 Annual General Meeting, where all resolutions were passed by a poll. The meeting included the adoption of the remuneration report and the election and re-election of directors, reflecting strong shareholder support and stable governance, which could positively impact the company’s strategic direction and stakeholder confidence.

The most recent analyst rating on (AU:SUL) stock is a Buy with a A$20.50 price target. To see the full list of analyst forecasts on Super Retail Group Limited stock, see the AU:SUL Stock Forecast page.

Super Retail Group Appoints New CEO Amidst Leadership Changes
Oct 22, 2025

Super Retail Group Limited announced the appointment of Paul Bradshaw as the new Group Managing Director and Chief Executive Officer, following the termination of the former CEO. This leadership change aims to strengthen the company’s culture and operations, with Bradshaw bringing extensive retail experience and a proven track record of success within the BCF brand. The company also acknowledged the interim leadership provided by David Burns and the appointment of Michael Wassman as Managing Director of BCF, signaling a strategic move to stabilize and grow the business amidst recent challenges.

The most recent analyst rating on (AU:SUL) stock is a Buy with a A$20.50 price target. To see the full list of analyst forecasts on Super Retail Group Limited stock, see the AU:SUL Stock Forecast page.

Super Retail Group Reports Steady Sales Growth Amid Uncertain Consumer Spending
Oct 22, 2025

Super Retail Group reported a 2.6% like-for-like sales growth and a 4.5% total sales growth in the first 16 weeks of FY26. The company highlighted strong performances from Supercheap Auto and Macpac, while BCF faced challenges due to adverse weather and a softer Father’s Day campaign. The new Supercheap Auto loyalty program, Spend & Get, is expected to enhance customer engagement. Despite improving macro-economic conditions, the outlook for consumer spending remains uncertain, with the peak Christmas trading period being crucial for the company’s first-half results.

The most recent analyst rating on (AU:SUL) stock is a Buy with a A$20.50 price target. To see the full list of analyst forecasts on Super Retail Group Limited stock, see the AU:SUL Stock Forecast page.

Super Retail Group Appoints New CEO and BCF Managing Director
Oct 20, 2025

Super Retail Group Limited has announced the appointment of Paul Bradshaw as the new Group Managing Director and Chief Executive Officer, effective November 1, 2025. This decision follows an extensive search and aims to ensure leadership continuity and strategic alignment. Bradshaw, who has been instrumental in transforming BCF into a market leader, will succeed interim CEO David Burns. Additionally, Michael Wassman has been promoted to Managing Director of BCF, highlighting the company’s strong internal talent and succession planning. These leadership changes are expected to drive the next phase of growth for Super Retail Group, focusing on customer value, team support, and sustainable shareholder returns.

The most recent analyst rating on (AU:SUL) stock is a Hold with a A$18.20 price target. To see the full list of analyst forecasts on Super Retail Group Limited stock, see the AU:SUL Stock Forecast page.

Super Retail Group Announces Director’s Share Acquisition
Oct 20, 2025

Super Retail Group Limited announced a change in the director’s interest, specifically regarding Colin Storrie’s acquisition of 203 fully paid ordinary shares through the company’s Dividend Reinvestment Plan. This update reflects the company’s ongoing commitment to aligning director interests with shareholder value, potentially impacting investor confidence and market perception positively.

The most recent analyst rating on (AU:SUL) stock is a Hold with a A$18.20 price target. To see the full list of analyst forecasts on Super Retail Group Limited stock, see the AU:SUL Stock Forecast page.

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.Date of analysis: Oct 25, 2025