Australia's largest insurance broker Steadfast increased fiscal 2026 profit by 7% to AUD 366 million, given a boost from acquisitions as soft premium increases are slowing organic growth. Fiscal 2027 profit before amortization guidance points to growth of up to 7%.
Steadfast's scale and expertise in insurance products and services leave it well placed to benefit from the essential nature of insurance.
The growth prospects for insurance volumes and prices are closely tied to the ebb and flow of the insurance cycle and general economic conditions. Downside risk could increase if Australia's growth outlook weakens.
|
Metric
|
SDF
|
AUB
|
MRSH
|
|---|---|---|---|
Price/Earnings (Normalized) | 19.00 | 16.30 | 16.81 |
Price/Book Value | 2.71 | 1.82 | 5.41 |
Price/Sales | 4.10 | 2.95 | 3.00 |
Price/Cash Flow | 13.53 | — | 14.83 |
|
Metric
|
SDF
|
AUB
|
MRSH
|
|---|---|---|---|
Quick Ratio | 1.43 | 1.14 | 0.50 |
Current Ratio | 1.46 | 1.18 | 1.14 |
Interest Coverage | 4.34 | 2.52 | 6.52 |
|
Metric
|
SDF
|
AUB
|
MRSH
|
|---|---|---|---|
Return on Assets (Normalized) | 4.74% | 4.70% | 7.48% |
Return on Equity (Normalized) | 13.53% | 13.17% | 29.04% |
Return on Invested Capital (Normalized) | 5.73% | 8.14% | 13.69% |
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1-Day Chart
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Name
|
Price
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Morningstar Rating for Stocks
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Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
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| — | LOCK|&BpC# | $4B | |||
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United States