Smartgroup Corporation Ltd
SIQ: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| %.x | LOCK|M>Z | LOCK|!?^%wV |
Smartgroup: Executing Well but Priced for More
Smartgroup's first-quarter trading update showed volume growth, customer penetration gains, and novated leasing yield compression. Separately, the federal government will taper the electric vehicle, or EV, fringe benefits tax exemption to a 25% discount from April 2029. Shares are up 4%.
