STEADFAST GROUP LIMITED (SDF)
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SDF

SDF - STEADFAST GROUP LIMITED

FNArena Sector : Insurance
Year End: June
GICS Industry Group : Insurance
Debt/EBITDA: 3.33
Index: ASX100 | ASX200 | ASX300 | ALL-ORDS

Steadfast Group is an insurance broker and underwriting group operating in Australia, New Zealand, Europe and Asia. Founded in 1996 the company listed on the ASX in 2013.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$5.16

18 Jun
2026

-0.090

OPEN

$5.17

-1.71%

HIGH

$5.26

2,940,179

LOW

$5.16

TARGET
$5.618

-0.06 change from previous day

8.9% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
AUB . CVW . FCL . GDG . HLI . IAG . MPL . NHF . NOL . QBE . SUN . TWR .
FNARENA'S MARKET CONSENSUS FORECASTS
SDF: 1
Title FY24
Actual
FY25
Actual
FY26
Forecast
FY27
Forecast
EPS (cps) xxx 30.4 31.3 xxx
DPS (cps) xxx 19.5 21.4 xxx
EPS Growth xxx 43.2% 3.1% xxx
DPS Growth xxx 14.0% 9.9% xxx
PE Ratio xxx N/A 16.5 xxx
Dividend Yield xxx N/A 4.2% xxx
Div Pay Ratio(%) xxx 64.2% 68.5% xxx

Dividend yield today if purchased 3 years ago: 3.17%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

3.79

Estimated Dividend Growth
(Average Of Past Three Years)

 %

Amount Invested

Tell Me The Dividend After This Many Years

Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 03/09 - ex-div 11.70c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2026 FactSet UK Limited. All rights reserved
Title 202020212022202320242025
EPS Basic xxxxxxxxxxxxxxx30.4
DPS All xxxxxxxxxxxxxxx19.5
Sales/Revenue xxxxxxxxxxxxxxx1,822.8 M
Book Value Per Share xxxxxxxxxxxxxxx217.2
Net Operating Cash Flow xxxxxxxxxxxxxxx499.2 M
Net Profit Margin xxxxxxxxxxxxxxx18.37 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202020212022202320242025
Return on Capital Employed xxxxxxxxxxxxxxx14.17 %
Return on Invested Capital xxxxxxxxxxxxxxx9.00 %
Return on Assets xxxxxxxxxxxxxxx5.49 %
Return on Equity xxxxxxxxxxxxxxx14.17 %
Return on Total Capital xxxxxxxxxxxxxxx9.58 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx292.4 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 202020212022202320242025
Short-Term Debt xxxxxxxxxxxxxxx137 M
Long Term Debt xxxxxxxxxxxxxxx1,493 M
Total Debt xxxxxxxxxxxxxxx1,630 M
Goodwill - Gross xxxxxxxxxxxxxxx2,929 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx1,602 M
Price To Book Value xxxxxxxxxxxxxxx2.77

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202020212022202320242025
Capex xxxxxxxxxxxxxxx8.2 M
Capex % of Sales xxxxxxxxxxxxxxx0.45 %
Cost of Goods Sold xxxxxxxxxxxxxxx664 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx770 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx4 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.6

No. Of Recommendations

5
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Macquarie

xx/xx/xxxx

3

xxxxxxxxx xx xxxxxxx xxxx xxxxxxxxxx

$xx.xx

xx.xx%

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UBS

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Ord Minnett

11/06/2026

3

Downgrade to Hold from Buy

$6.00

16.28%

Steadfast Group has received a takeover bid from a consortium led by American insurers distributor Amwins. The bid, at $6 a share, is around a 50% premium to recent trading levels and the board intends to recommend accepting the offer subject to no superior bid emerging.

The transaction, to be implemented by a scheme of arrangement, provides eight weeks of due diligence with a potential extension to August 20. This follows previous bids from the consortium that were rejected.

The broker points out, without the current bid, the chances of realising value for the company at $6 a share in the near future appear remote. Rating is reduced to Hold from Buy and the target raised to $6.00 from $5.55.

Morgan Stanley

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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Citi

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Jarden

10/06/2026

2

Overweight

$5.90

14.34%

Jarden maintains an Overweight rating for Steadfast Group with its target price increased to $5.90 following a confirmed conditional, non-binding indicative acquisition proposal from an Amwins and Dragoneer consortium.

The proposed cash bid of $6.00 per share represents a 51.9% premium to the undisturbed close of $3.95 and establishes an exclusive eight-week due diligence window.

The analyst notes the implied take-out multiple of 20.7x FY26 earnings falls below recent historical industry schemes of 23.1x and 24.7x.

The investment thesis centers on the consortium capturing the core business at a cyclically depressed multiple despite the significant headline premium.

Commentary suggests the consortium's interest reinforces asset valuations across the insurance sector and underscores peer AUB Group ((AUB)) as an attractive consolidation target.

SDF STOCK CHART