Super Retail Group Limited (SUL)
Views and News
Essentials
Recent News Highlights
As at 19/02/2012 : see details at www.navitas.com/investor_centre.html (new window? Shift+Click)
| 31/01/2012 1H12 result: not unexpectedly disappointing, weak FY12 guidance, prospects are for the longer term |
| 29/12/2011 Partners with Birmingham City University |
| 22/12/2011 Curtin College contract renewed |
| 05/12/2011 Carleton University ends discussion with Navitas |
| 01/12/2011 HIBT contract renewed with University of Hertfordshire |
| 22/11/2012 AGM - 'Global Diversification Drives Enrolments' - Chairman`s and CEO's Addresses |
Half-yearly Performance & Estimates - SUL
| Year-end June | FY11A | 1H12A | FY12A | 1H13A | FY13A | FY14E | FY15E |
|---|---|---|---|---|---|---|---|
| Sales, $m | 1,92 | 759.2 | 1,654 | 1,37 | 2,20 | 2,194 | 2,371 |
| EBITDA, $m | 110.4 | 86.2 | 176.2 | 119.5 | 218.7 | 263.3 | 295.6 |
| EBIT, $m | 87.6 | 71.9 | 140.9 | 99.8 | 172.4 | 214.7 | 241.2 |
| Report NPAT, $m | 55.6 | 45.2 | 83.6 | 60.7 | 102.8 | ||
| Adj. NPAT, $m | 102.8 | 132.9 | 153.0 | ||||
| Reported EPS, ¢ | 43.00 | 28.00 | 46.00 | 30.00 | 52.00 | ||
| Adjusted EPS, ¢ | 52.00 | 67.10 | 77.05 | ||||
| EPS %FY/Growth | 61% | 7% | 58% | 13% | 29% | 15% | |
| Dividend, ¢ | 29.0 | 13.0 | 32.0 | 17.0 | 38.0 | 43.00 | 49.55 |
| Franking, % | 100% | 100% | 100% | 100% | 100% | 100% | 100% |
| EBITDA Margin | 10% | 0 | 11% | 12% | 11% | 12.0% | 12.5% |
| NPAT Margin | 5% | 0 | 5% | 6% | 5% | 6.1% | 6.5% |
| ROE, % | 18% | 0 | 12% | 9 | 14% | ||
| EBIT/Interest | 8.9 | 0.0 | 6.8 | 7.42 | 6.76 | ||
| Net Debt / Equity | 0.24 | 0 | 0.50 | 0.34 | 0.45 | ||
| CashFlow/Sh, ¢ | 55.0 | 47.5 | 74.7 | 105.1 | 114.7 | 93.2 | 105.9 |
| Y/E Shares, m | 130.1 | 194.8 | 196.2 | 196.4 | 196.5 |
| Notes |
| Data sourced from IRESS Market Technology Limited. EPS Growth compared with the pcp is shown in most columns, except 1H11A and 1H12A which show the first half % of full year EPS. In a handful of cases, unadjusted share splits may give strange changes in ratios. |
Half-year Performance & Estimates - NVT
| Year-end June | 1H11A | FY11A | 1H12A | FY12A | 1H13A | FY13E | FY14E |
|---|---|---|---|---|---|---|---|
| Sales, $m | 290.7 | 586.7 | 341.7 | 636.2 | 354.9 | 723.0 | 787.0 |
| EBITDA, $m | 42.0 | 109.7 | 50.5 | 126.9 | 52.4 | 132.4 | 155.6 |
| EBIT, $m | 42.0 | 98.7 | 50.5 | 111.8 | 52.4 | 116.6 | 139.9 |
| Report NPAT, $m | 32.3 | 69.1 | 35.4 | 73.7 | 35.4 | ||
| Adj. NPAT, $m | 35.4 | 77.6 | 94.0 | ||||
| Reported EPS, ¢ | 9.00 | 19.00 | 9.00 | 19.00 | 9.00 | ||
| Adjusted EPS, ¢ | 9.00 | 20.80 | 25.00 | ||||
| EPS %FY/Growth | 47% | 47% | 0% | 0% | 9% | 20% | |
| Dividend, ¢ | 8.7 | 20.7 | 9.4 | 19.5 | 9.3 | 19.40 | 20.00 |
| Franking, % | 100% | 100% | 100% | 100% | 100% | 100% | 100% |
| EBITDA Margin | 17% | 17% | 0 | 20% | 15% | 18.3% | 19.8% |
| NPAT Margin | 12% | 11% | 0 | 12% | 10% | 10.7% | 11.9% |
| ROE, % | 61% | 29% | 0 | 31% | 15% | ||
| EBIT/Interest | -72.1 | 60.8 | 0.0 | 14.7 | 13.77 | ||
| Net Debt / Equity | -0.56 | 0.43 | 0 | 0.50 | 0.55 | ||
| CashFlow/Sh, ¢ | 5.2 | 19.5 | 5.2 | 19.7 | 10.0 | 24.4 | 31.6 |
| Y/E Shares, m | 368.8 | 375.3 | 375.4 | 375.4 | 375.4 |
| Notes |
| EPS Growth compared with the pcp is shown in most columns, except 1H10A and 1H11A which show the first half % of full year EPS. |
Half-yearly Performance & Estimates - NVT
| Year-end June | FY10A | 1H11A | FY11A | 1H12A | FY12A | FY13E | FY14E |
|---|---|---|---|---|---|---|---|
| Sales, $m | 510.7 | 290.7 | 586.7 | 341.7 | 636.2 | 734.0 | 808.0 |
| EBITDA, $m | 96.8 | 42.0 | 109.7 | 50.5 | 126.9 | 139.6 | 160.3 |
| EBIT, $m | 89.1 | 42.0 | 98.7 | 50.5 | 111.8 | 123.5 | 142.9 |
| Report NPAT, $m | 62.9 | 32.3 | 69.1 | 35.4 | 73.7 | ||
| Adj. NPAT, $m | 73.7 | 82.7 | 96.7 | ||||
| Reported EPS, ¢ | 19.00 | 9.00 | 19.00 | 9.00 | 19.00 | ||
| Adjusted EPS, ¢ | 19.00 | 22.00 | 26.00 | ||||
| EPS %FY/Growth | 47% | 0% | 47% | 0% | 16% | 18% | |
| Dividend, ¢ | 18.8 | 8.7 | 20.7 | 9.4 | 19.5 | 19.50 | 21.00 |
| Franking, % | 100% | 100% | 100% | 100% | 100% | 100% | 100% |
| EBITDA Margin | 17% | 17% | 17% | 14.8% | 20% | 19.0% | 19.8% |
| NPAT Margin | 12% | 12% | 11% | 10.4% | 12% | 11.3% | 12.0% |
| ROE, % | 61% | 61% | 29% | 31% | |||
| EBIT/Interest | -72.1 | -72.1 | 60.8 | 0.00 | 14.69 | ||
| Net Debt / Equity | -0.56 | -0.56 | 0.43 | 0 | 0.50 | ||
| CashFlow/Sh, ¢ | 25.3 | 5.2 | 19.5 | 5.2 | 19.7 | 26.3 | 30.4 |
| Y/E Shares, m | 342.4 | 368.8 | 375.3 | 375.4 | 375.4 |
| Notes |
| Data sourced from IRESS Market Technology Limited. EPS Growth compared with the pcp is shown in most columns, except 1H11A and 1H12A which show the first half % of full year EPS. In a handful of cases, unadjusted share splits may give strange changes in ratios. |
Company Overview
Russell Research in the media
Stock Picks for The Bull.com.au - 6 February 2012
Hold: Navitas, NVT
One of few education stocks on the ASX, Navitas is leveraged to long-term demand growth. Interim results were flat, impacted by government policy changes in Australia and the UK. But these issues have been addressed here and will be in the UK. Operations in Canada and Singapore are growing well amid expansion in the US.
Wave Chart
Profile
Super Retail Group
Rating: ♣
Category: Potent Stock ; Large
Action:
Website: www.supercheapautogroup.com.au
| ASX code: | SUL |
| Closing Price, 30/12/2013: | $ 13.145 |
| Market Capitalisation: | $ 2,571 million |
| 52 Week High: | $ 14.095 |
| 52 Week Low: | $ 9.70 |
| Sector: | Automotive Retail |
| Index: | S&P/ASX 200 Index |
Summary of Fundamentals
| Year-end June | FY12A | FY13A | FY14E | FY15E |
|---|---|---|---|---|
| NPAT, $m | 83.6 | 102.8 | 132.0 | 152.2 |
| Reported EPS, ¢ | 46.00 | 52.00 | ||
| Adjusted EPS, ¢ | 57.60 | 66.70 | 77.05 | |
| EPS Growth, % | 7% | 25% | 16% | 16% |
| P/E Ratio, x | 28.58 | 22.82 | 19.71 | 17.06 |
| Dividend, ¢ | 32.0 | 38.0 | 43.00 | 49.10 |
| Franking, % | 100% | 100% | 100% | 100% |
| Div. Yield, % | 2.43 | 2.89 | 3.27 | 3.74 |
Notes
| Our Adjusted EPS is used for the last year and forward estimates and as basis for EPS Growth and P/E Ratio. We currently use Reported data for all historic NPAT, for the prior year EPS and as base for last year EPS growth. |
| Data & Chart sourced from IRESS Market Technology Ltd. |
One Year Chart
As at 30 December 2013
Other Highlights
| Sector: | Automotive Retail |
| Return on Equity, FY13 : | 14% |
| Net Debt to Equity, FY13 : | 45 % |
| EBIT / Interest Cover, FY13 : | 6.76 x |
| Gicscode: | 25504050 |
| First Listed: | 6-Jul-04 |
Business Activities
Super Cheap Auto Group (SUL) is a retailer of auto parts, auto accessories, auto tools and equipment, boating, camping, and fishing equipment, and a wholesaler, retailer and distributor of bicycles and bicycle accessories.
Glossary:
| ♠ | "A Core Stock" - reliable long-term yield & growth |
| ♥ | "We like it" - a seasoned performer, growth & yield |
| ♦ | "A tough scout" - creating a potential breakthrough |
| ♣ | "A steady performer" - giving reliable yield or growth |
| Best Stocks | Portfolio of selected attractive investments |
| Potential | Stocks that may have good improvement prospects |
| Speculative | More risky usually smaller stocks with spec. upside |
| Midcaps | In RR Midcap Index, $ 70m to 1,500m market cap. |
| Large Stocks | Larger Stocks upwards of $ 1,500m market cap |