SEEK (SEK.AX)
Communications · ASX · Australia
Fundamentals
Valuation and ratings
SEEK trades at A$14.24, which is 53% above the A$6.68 our discounted cash flow model puts on the business. On that measure it screens as expensive, which is not the same as saying it will fall.
Our moat model scores it 49 out of 100, which is a moat, but not a deep one. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
About SEEK
SEEK Limited, together with its subsidiaries, provides online employment marketplace services in Australia, New Zealand, Southeast Asia, Hong Kong, the United Kingdom, Europe, and internationally. The company offers job advertisements under the SEEK, Jobstreet, and Jobsdb brands; and ad enhancements with hiring requirement features, such as branding and immediate start badge. It also provides talent search that provides hirers with access to a SEEK database of searchable profiles and CVs to connect to candidates faster, as well as hiring tools consisting of SEEK Pass, which verifies credentials on candidates' application and profile to help them stand out in job applications; Employer brand boost that allows hirers to amplify their employee value proposition by promoting their company profile to highly targeted candidates; GradConnection, an early career platform for graduate recruitment; and Reference checks, an automated solution for hirers to request and manage reference checks for prospective candidates. In addition, the company offers placement support products, such as Pay per hire, which provides hirers with shortlisted candidates with payment on placement; JobAdder, an applicant tracking system and customer management offering that streamlines the recruitment process; and Sidekicker, a contingent labour workforce marketplace that provides on-demand labour across a range of industries, such as hospitality, events, retail, customer service, aged care, and warehouse and logistics. Further, it provides HR software as a service. SEEK Limited was incorporated in 1997 and is headquartered in Melbourne, Australia.
SEK.AX passes 2 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Common questions
Is SEEK (SEK.AX) undervalued?
Against our discounted cash flow estimate of A$6.68, SEK.AX at A$14.24 is 53% above fair value. That is one model's answer, not a recommendation, and most of a DCF's output sits in a terminal value nobody can forecast.
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Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.