Suncorp Group Limited (SUN) - Research

$13.480

SUN General Information +

ASX Code SUN
Website http://www.suncorpgroup.com.au
GICS Sub-Industry Property & Casualty Insurance
Market Cap ($M) 17,503
Current Price $13.480
Day High $13.570
Day Low $13.430
Last Close $13.480
Price Movement - ( No change )
Prices as at 16:40, 23 Aug 2019
+Security prices are delayed by at least 20 minutes and are indicative only.

Recommendation


Suncorp Group Limited (SUN)
BUY
below
HOLD
up to
SELL
above
Current Price
$13.480 as at 16:40, 23 Aug 2019

Price at review
$13.480 on 04 Mar 19

Max Portfolio Weighting

Business Risk

Share Price Risk

SUN Related Research

SUN Company Overview

Business Description

Suncorp Group Limited (SUN) is a Queensland-based financial services conglomerate offering retail and business banking, general insurance, life insurance, superannuation and investment products in Australia and New Zealand. SUN has following five core businesses: Personal Insurance, Commercial Insurance, Vero New Zealand, Suncorp Bank and Suncorp Life.

SUN Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2021 F 1,317.98 100.41 17.30% 13.43 79.00 5.86% 100.0%
2020 F 1,133.16 85.62 1.90% 15.74 70.00 5.19% 100.0%
2019 A 1,115.00 84.02 0.80% 16.42 78.00 5.65% 100.0%

SUN Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2019 A 2020 F 2021 F 2019 A 2020 F 2021 F 2019 A 2020 F 2021 F
Insurance Aust. Grp. (IAG) $18,119M -0.3537 0.4977 0.0610 29.6073 19.7680 18.6312 4.78% 3.96% 4.16%
QBE (QBE) $16,105M 0.0000 0.4313 0.0388 20.1480 14.0772 13.5509 4.08% 4.61% 5.16%
Suncorp Group (SUN) $17,504M -0.0384 0.0962 0.0790 17.4048 15.8775 14.7146 5.79% 5.17% 5.43%

SUN Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 1.34 17.20 1.33 1.96
Market 0.84 16.70 1.49 1.65
Sector 1.00 20.70 2.71 1.51

SUN Directors

Name Position Start Date
Ms Christine Frances McLoughlin Non-Executive Chairman, Non-Executive Director 11 Feb 2015
Dr Douglas Francis McTaggart Non-Executive Director 16 Apr 2012
Ms Sally Herman Non-Executive Director 22 Oct 2015
Ms Audette Evelyn Exel Non-Executive Director 27 Jun 2012
Ms Sylvia Falzon Non-Executive Director 1 Sep 2018
Mr Ian Hammond Non-Executive Director 2 Oct 2018
Mr Lindsay James Tanner Non-Executive Director 1 Jan 2018
Mr Simon Machell Non-Executive Director 7 Apr 2017

SUN Management

Name Position
Stephen (Steve) Fredrick Johnston Chief Financial Officer,Acting Chief Executive Officer
Darren Charles Solomon Company Secretary

SUN Substantial Shareholders

Holding Name
78,157,113 (6.04%) BlackRock Group
71,356,601 (5.50%) FIL Limited and the entities
65,430,206 (5.04%) Perpetual Limited and subsidiaries
64,954,283 (5%) The Vanguard Group,Inc

SUN Calendar of Events

Date Event
05 August 2020 Report (Annual)
05 August 2020 Report (Prelim)
13 February 2020 Report (Interim)
26 September 2019 AGM
25 September 2019 Div Pay Date

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