Link Administration Holdings Limited (LNK) - Research

$5.690 0.02 (0.35%)

LNK General Information +

ASX Code LNK
Website http://www.linkgroup.com
GICS Sub-Industry Data Processing & Outsourced Services
Market Cap ($M) 3,038
Current Price $5.690
Day High $5.730
Day Low $5.570
Last Close $5.710
Price Movement $0.02 ( 0.35% )
Prices as at 16:40, 18 Jun 2019
+Security prices are delayed by at least 20 minutes and are indicative only.

Recommendation


Link Administration Holdings Limited (LNK)
BUY
below
HOLD
up to
SELL
above
Current Price
$5.690 as at 16:40, 18 Jun 2019

Price at review
$5.690 on 12 Jun 19

Max Portfolio Weighting

Business Risk

Share Price Risk

LNK Related Research

LNK Company Overview

Business Description

Link Administration Holdings Limited (LNK) is a technology-enabled provider of outsourced administration services for superannuation fund administration, corporate markets and related value added services including data management analytics, digital communication and stake-holder education and advice. The business has three key divisions: Fund Administration, Corporate Markets and Information, Digital & Data Services (IDDS).

LNK Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2020 F 216.40 40.87 6.90% 13.92 25.00 4.39% 100.0%
2019 F 202.46 38.23 -1.70% 14.88 23.00 4.04% 100.0%
2018 A 192.95 38.90 -71.30% 20.69 20.50 2.55% 100.0%

LNK Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2018 A 2019 F 2020 F 2018 A 2019 F 2020 F 2018 A 2019 F 2020 F
Afterpay Touch Group (APT) $5,121M 0.0000 0.0000 0.0000 0.0000 0.0000 148.7161 0.00% 0.00% 0.00%
Computershare (CPU) $8,937M -0.1537 0.3543 0.0352 22.5233 16.6313 16.0664 3.29% 2.78% 2.97%
EML Payments (EML) $748M 0.0000 0.0000 0.0000 304.0816 0.0000 0.0000 0.00% 0.00% 0.00%
Link Administration Holdings (LNK) $3,049M 0.1366 -0.0644 0.0585 14.4777 15.4743 14.6185 3.59% 3.18% 3.20%

LNK Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.46 15.40 1.59 0.00
Market 0.63 14.80 1.17 0.97
Sector 2.86 29.50 2.62 1.36

LNK Directors

Name Position Start Date
Mr John McMurtrie Executive Director, Managing Director 16 Feb 2007
Mr Michael Carapiet Non-Executive Chairman, Non-Executive Director 26 Jun 2015
Dr Sally Anne Majella Pitkin Non-Executive Director 23 Sep 2015
Ms Anne McDonald Non-Executive Director 15 Jul 2016
Mr Peeyush Gupta Non-Executive Director 18 Nov 2016
Mr Glen Francis Boreham Non-Executive Director 23 Sep 2015
Ms Fiona Trafford-Walker Non-Executive Director 23 Sep 2015
Mr Andrew (Andy) James Green Non-Executive Director 9 Mar 2018

LNK Management

Name Position
Emma Lawler Company Secretary
Janine Rolfe General Counsel,Company Secretary

LNK Substantial Shareholders

Holding Name
40,797,732 (8.28%) Australian Super Pty Ltd
30,602,641 (7.31%) Challenger Limited
28,905,654 (5.46%) Pinnacle Investment Management Group Limited
27,376,787 (5.17%) Ellerston Capital Limited

LNK Calendar of Events

Date Event
14 February 2020 Report (Interim)
27 September 2019 Report (Annual)
16 August 2019 Report (Prelim)

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