REA Group Limited (REA)
Views and News
Essentials
Half-year Performance & Estimates - REA
| Year-end June | 1H12A | FY12A | 1H13A | FY13A | 1H14A | FY14E | FY15E |
|---|---|---|---|---|---|---|---|
| Sales, $m | 134.7 | 277.7 | 161.5 | 336.5 | 209.4 | 437.0 | 531.0 |
| EBITDA, $m | 59.6 | 126.0 | 77.3 | 164.0 | 106.8 | 226.7 | 293.3 |
| EBIT, $m | 52.4 | 110.8 | 68.3 | 145.3 | 96.3 | 206.8 | 272.1 |
| Report NPAT, $m | 41.3 | 86.8 | 51.6 | 109.8 | 70.7 | ||
| Adj. NPAT, $m | 70.7 | 152.9 | 201.4 | ||||
| Reported EPS, ¢ | 32.00 | 66.00 | 39.00 | 83.00 | 54.00 | ||
| Adjusted EPS, ¢ | 54.00 | 116.00 | 152.10 | ||||
| EPS %FY/Growth | 48% | 47% | 26% | 38% | 40% | 31% | |
| Dividend, ¢ | 12.5 | 33.0 | 16.0 | 41.5 | 22.0 | 57.50 | 75.60 |
| Franking, % | 100% | 100% | 100% | 100% | 100% | 100% | 100% |
| EBITDA Margin | 0 | 45% | 48% | 49% | 51% | 51.9% | 55.2% |
| NPAT Margin | 0 | 31% | 32% | 33% | 34% | 35.0% | 37.9% |
| ROE, % | 0 | 35% | 19% | 35% | 20% | ||
| EBIT/Interest | 0.0 | -14.5 | -15.2 | -15.7 | -20.58 | ||
| Net Debt / Equity | 0 | -0.72 | -0.76 | -0.82 | -0.81 | ||
| CashFlow/Sh, ¢ | 31.2 | 73.7 | 47.1 | 110.2 | 58.2 | 131.0 | 163.0 |
| Y/E Shares, m | 131.8 | 131.8 | 131.8 | 131.8 | 131.7 |
| Notes |
| Data sourced from IRESS Market Technology Limited. EPS Growth compared with the pcp is shown in most columns except the first half years which show their percentage of full year EPS. In a handful of cases, unadjusted share splits, or changes between positive and negative values, may give strange changes in ratios. |
Recent News Highlights
As at 31/12/2012 : see details at www.rea-group.com (new window? Shift+Click)
| 21/06/2013 Joins the S&P/ASX 200 Index |
| 21/03/2013 Joins the S&P/ASX 300 Index |
| 24/12/2012 Releases Q1 Financial Information |
| 14/11/2012 AGM 2012, Chairman's Address and CEO`s Presentation |
| 12/10/2012 Annual Report 2012 |
| 16/08/2012 Announces Robust Full-year Results; FY12 Report & Presentation |
| 23/07/2012 National Marketing Alliance with News Ltd |
| 03/05/2012 Appoints Nigel Dalton as CIO |
| 15/12/2011 Increases stake in Italian casa.it to 100% (from 69.4%, for $9.2m) |
| 16/11/2011 AGM - Chairman's Address and CEO`s Presentation |
| 15/11/2012 Investor Briefing - Nielsen Metrics Overview |
Wave Chart
Company Overview
Profile
REA Group
Rating: ♥
Category: Best Stock ; Large
Action: Accumulate
Website: www.rea-group.com
| ASX code: | REA |
| Closing Price, 20/06/14: | $ 43.810 |
| Market Capitalisation: | $ 5,770 million |
| 52 Week High: | $ 52.45 |
| 52 Week Low: | $ 25.74 |
| Sector: | Advertising |
| Index: | S&P/ASX 100 Index |
Summary of Fundamentals
| Year-end June | FY12A | FY13A | FY14E | FY15E |
|---|---|---|---|---|
| NPAT, $m | 86.8 | 109.8 | 152.9 | 201.4 |
| Reported EPS, ¢ | 66.00 | 83.00 | ||
| Adjusted EPS, ¢ | 109.75 | 116.00 | 152.10 | |
| EPS Growth, % | 25% | 66% | 6% | 31% |
| P/E Ratio, x | 66.38 | 39.92 | 37.77 | 28.80 |
| Dividend, ¢ | 33.0 | 41.5 | 57.50 | 75.60 |
| Franking, % | 100% | 100% | 100% | 100% |
| Div. Yield, % | 0.75 | 0.95 | 1.31 | 1.73 |
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 23 June 2014
Other Highlights
| Sector: | Advertising |
| Return on Equity, FY13 : | 35% |
| Net Debt to Equity, FY13 : | -82 % |
| EBIT / Interest Cover, FY13 : | -15.71 x |
| Gicscode: | 25401010 |
| First Listed: | 01-Dec-99 |
Business Activities
REA Group Ltd (REA) is one of the leading online real estate advertisers. It offers classified and display advertising, web development and home loan services.
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 |