- Seek maintains its FY Ebitda forecast from continuing operations, excluding items, at A$430 million to A$500 million.
- Revenue from continuing operations, excluding items, is also maintained at A$1.02 billion to A$1.14 billion.
- The guidance range for FY25 total expenditure has been narrowed due to recent operational insights.
- In Australia, volumes have exceeded expectations so far in FY25, coinciding with lower-than-expected unemployment rates.
- New Zealand is experiencing a downward trend in volumes during FY25.
- Volumes in Asia have been mixed, but overall slightly below expectations in FY25.
- Expenditure is likely not to reach the top of the previous forecast range, even if revenue exceeds expectations.
- There is an ongoing review on how total expenditure is categorized, possibly shifting more towards operating expenses.
- The new forecast for FY25 total expenditure has been adjusted to approximately A$760 million to A$790 million.
- Investment recommendations include 9 buys, 3 holds, and 2 sells, reflecting the market’s varied view on Seek’s performance.
A look at Seek Ltd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 2 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 2.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Seek Ltd, the online employment platform operator, has received varied Smartkarma Smart Scores across different factors. The company has scored moderately across most categories, with a notable momentum score of 4 indicating strong performance in that area. While Seek Ltd shows potential for growth and resilience, its value and dividend scores suggest room for improvement in these aspects. Overall, the company’s outlook based on the Smart Scores points towards a stable position with room for growth.
Seek Limited, known for its internet employment website services in Australia, New Zealand, and the United Kingdom, appears to have a balanced standing in terms of its overall performance assessment. With a focus on online job advertisements and training services, Seek Ltd‘s Smartkarma Smart Scores indicate a steady trajectory for the company. By maintaining a momentum score of 4, Seek Ltd showcases robust performance dynamics despite moderate scores in other key areas. This suggests a potential for continued growth and resilience in the long term for the company.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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