ADAIRS LIMITED (ADH)
Share Price Analysis and Chart

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ADH

ADH - ADAIRS LIMITED

FNArena Sector : Furniture & Renovation
Year End: June
GICS Industry Group : Retailing
Debt/EBITDA: 2.51
Index: ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$1.30

30 Apr
2026

0.000

OPEN

$1.29

0.000

HIGH

$1.31

986,950

LOW

$1.29

TARGET
$2.06 58.5% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
BLX . GWA . HVN . JBH . JYC . NCK . REH . TPW .
FNARENA'S MARKET CONSENSUS FORECASTS
ADH: 1
Title FY24
Actual		 FY25
Actual		 FY26
Forecast		 FY27
Forecast
EPS (cps) xxx 14.6 18.6 xxx
DPS (cps) xxx 10.5 10.2 xxx
EPS Growth xxx - 18.5% 27.5% xxx
DPS Growth xxx - 12.5% - 2.9% xxx
PE Ratio xxx N/A 7.0 xxx
Dividend Yield xxx N/A 7.8% xxx
Div Pay Ratio(%) xxx 71.9% 54.8% xxx

Dividend yield today if purchased 3 years ago: 4.69%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 8.08

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: 10/09 - ex-div 4.00c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2026 FactSet UK Limited. All rights reserved
Title 202020212022202320242025
EPS Basic xxxxxxxxxxxxxxx14.6
DPS All xxxxxxxxxxxxxxx10.5
Sales/Revenue xxxxxxxxxxxxxxx618.1 M
Book Value Per Share xxxxxxxxxxxxxxx127.4
Net Operating Cash Flow xxxxxxxxxxxxxxx78.7 M
Net Profit Margin xxxxxxxxxxxxxxx4.16 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202020212022202320242025
Return on Capital Employed xxxxxxxxxxxxxxx11.46 %
Return on Invested Capital xxxxxxxxxxxxxxx5.51 %
Return on Assets xxxxxxxxxxxxxxx4.06 %
Return on Equity xxxxxxxxxxxxxxx11.46 %
Return on Total Capital xxxxxxxxxxxxxxx11.64 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx45.5 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 xxxxxxxxxxxxxxx52 M
Long Term Debt xxxxxxxxxxxxxxx260 M
Total Debt xxxxxxxxxxxxxxx312 M
Goodwill - Gross xxxxxxxxxxxxxxx179 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx8 M
Price To Book Value xxxxxxxxxxxxxxx1.66

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202020212022202320242025
Capex xxxxxxxxxxxxxxx13.5 M
Capex % of Sales xxxxxxxxxxxxxxx2.18 %
Cost of Goods Sold xxxxxxxxxxxxxxx506 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx52 M
Research & Development xxxxxxxxxxxxxxx0 M
Investments - Total xxxxxxxxxxxxxxx0 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

0.3

No. Of Recommendations

4
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Morgans

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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UBS

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Ord Minnett

26/02/2026

3

Hold

$2.30

76.92%

Adairs achieved sales growth across all three brands in the first half although Ord Minnett points out profitability was affected by clearance activity in the first quarter, a weaker Australian dollar and rising costs.

Momentum has improved into the second half and the company expects growth in sales, profit margin and earnings.

The business is investing for the future which will require elevated capital expenditure for a while and bring some execution risk, the broker adds.

Hold. Target is reduced to $2.30 from $2.60.

FORECAST
Ord Minnett forecasts a full year FY26 dividend of 12.50 cents and EPS of 20.00 cents.
Ord Minnett forecasts a full year FY27 dividend of 15.50 cents and EPS of 22.70 cents.

Bell Potter

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

2

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

xx/xx/xxxx

2

xxxxxxxxxx

$xx.xx

xx.xx%

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Canaccord Genuity

23/02/2026

1

Buy

$2.70

107.69%

Adairs reported 1H26 sales of $229m, up 4% and near the top end of revised guidance, highlights Canaccord Genuity, while the gross margin rose 1% but remained pressured by promotional activity.

The broker notes an improved December quarter and a solid start to H2 with group sales up 6.4% in the first seven weeks, supporting expectations of better earnings in H2 and stronger operating leverage into FY27.

The analyst's FY26 and FY27 normalised profit forecasts are reduced by -2% and -7%, respectively, largely reflecting higher costs. 

Canaccord retains a Buy rating and lowers its target price to $2.70 from $2.80

FORECAST
Canaccord Genuity forecasts a full year FY26 dividend of 10.50 cents and EPS of 19.20 cents.
Canaccord Genuity forecasts a full year FY27 dividend of 11.50 cents and EPS of 22.70 cents.
Access Extra Coverage Research History >

ADH STOCK CHART

FNArena News on ADH

Latest Furniture & Renovation News

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10
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