SEEK Limited SKLTY

Communication ServicesProfessional & Commercial ServicesAustralia

Last close 18.80 USD on Nov 1, 2026, −37.8% year to date

Quant rating

Quant rating C Rank 105 of 152 in Communication Services

Growth B 44 of 152
Valuation D 111 of 152
Quality D 128 of 152
Revisions C 63 of 152
Momentum C 93 of 152

Wall Street consensus Buy (2.08)Average target 12.85 USD −31.7%

Historical valuation

Multiples use consensus estimates for the next twelve months. The dashed line is the 5-year average.

Key data

Market cap: 3.4B
Enterprise value: 4.2B
52-week range: 15.43 – 35.42
3-year range: 15.43 – 40.12
Dividend yield: 3.83%
Beta (5 years): 1.50
Shares outstanding: 358M
Next earnings: Feb 14, 2027

About the company

SEEK Limited is an online employment marketplaces company. It operates a range of other businesses, including SEEK Learning, which gives clients the expert information clients need to find the right course for their career, SEEK Volunteer, which has been connecting Australians to volunteer opportunities, and SEEK Business is Australia’s online business-for-sale marketplace. Its segments include Australia and New Zealand (ANZ), Asia, Brasil Online, OCC, Platform support, Portfolio investments and SEEK Growth Fund. ANZ, Asia, Brasil Online and OCC segments are engaged in online employment marketplace services. Platform support segment includes JobAdder, which is a talent acquisition suite. Platform support also includes other businesses: Jora and Certsy. Jora is an online employment marketplace. Certsy is a platform to securely verify and share work credentials and to complete compliance checks. Portfolio Investments segment consists of a small portfolio of early-stage ventures.

Growth and profitability fiscal year ends June 30

Growth and profitability by fiscal year
	2026	2025	2024	2023	2022	5Y avg
Revenue (mil)	889	722	723	772	770	–
Revenue growth	23.1%	−0.1%	−6.4%	0.2%	35.2%	9.3%
EPS (basic, normalized)	0.39	0.28	0.33	0.46	0.51	–
EPS growth	40.7%	−15.4%	−28.4%	−9.9%	–	–
Gross margin	–	–	99.4%	99.4%	99.4%	99.4%
Net margin	−23.9%	21.7%	−5.5%	19.9%	21.6%	6.8%
ROE	−12.7%	9.0%	−2.3%	10.3%	13.2%	3.5%

Balance sheet, last quarter
Cash & short-term investments (mil)	–
Current ratio	–
Long-term debt (mil)	–
Net debt (mil)	–
Total equity (mil)	–
Net debt / equity	–
Net debt / EBITDA	–

Estimates and valuation

Consensus estimates and implied multiples
	Sales (mil)			EBITDA (mil)			EPS
Fiscal year	Mean est.	Growth	EV/Sales	Mean est.	Growth	EV/EBITDA	Mean est.	Growth	P/E
2026 actual	889	+23.1%	4.7x	374	+26.6%	11.2x	0.39	+40.7%	47.8x
2027	888	0.0%	4.7x	393	+4.9%	10.7x	0.39	+0.1%	47.7x
2028	980	+10.3%	4.3x	449	+14.5%	9.4x	0.50	+26.3%	37.8x
2029	1,071	+9.3%	3.9x	505	+12.3%	8.3x	0.61	+22.8%	30.8x

Estimate revisions

Change in consensus estimates over 1, 3 and 6 months
	Sales				EPS
Fiscal year	Estimate (mil)	1M	3M	6M	Estimate	1M	3M	6M
2027	888	0.0%	−2.2%	−5.2%	0.39	0.0%	−12.0%	−20.5%
2028	980	0.0%	−2.2%	−5.6%	0.50	0.0%	−9.9%	−18.0%
2029	1,071	0.0%	−1.3%	−8.2%	0.61	0.0%	−2.3%	−22.4%

Earnings surprises

Reported results versus consensus, last 10 fiscal quarters
	FQ-9	FQ-8	FQ-7	FQ-6	FQ-5	FQ-4	FQ-3	FQ-2	FQ-1	FQ0
Sales reported (mil)	–	–	–	–	–	–	–	–	–	–
Sales mean (mil)	–	521	–	540	–	539	–	589	–	584
Surprise	–	–	–	–	–	–	–	–	–	–
EPS reported	–	–	–	–	–	–	–	–	–	–
EPS mean	–	0.27	–	0.21	–	0.21	–	0.26	–	0.27
Surprise	–	–	–	–	–	–	–	–	–	–

FQ0 is the most recent reported quarter, FQ-1 the one before, and so on.

Peer comparison Professional & Commercial Services

Peers in the same industry group, by market capitalization
Company	Market cap	Net debt/EBITDA	Net margin	P/B	FY1 P/E	FY2 P/E	FY1 EV/EBITDA	FY2 EV/EBITDA
SKLTY SEEK Limited	3.4B	–	−23.9%	2.28x	47.7x	37.8x	10.7x	9.4x
HNI HNI Corporation	3.5B	3.64x	1.9%	1.94x	11.6x	10.3x	7.0x	6.5x
MMS Maximus, Inc.	3.3B	2.25x	5.9%	1.92x	8.0x	7.6x	6.9x	6.9x
CECO CECO Environmental Corp.	3.3B	7.44x	6.5%	–	22.4x	16.0x	–	–
GPGI GPGI Inc (Nevada)	3.2B	−0.04x	−227.3%	1.02x	11.3x	8.9x	5.8x	4.8x
ORCRY Organo Corp	3.2B	0.23x	16.0%	3.57x	17.2x	14.9x	11.9x	10.2x
Mean		2.71x	−36.8%	2.15x	19.7x	15.9x	8.5x	7.6x
Median		2.25x	3.9%	1.94x	14.4x	12.6x	7.0x	6.9x

Technical analysis

1M+21.4%
3M−2.9%
1Y−47.2%
3Y−22.8%

Financial statements in millions of USD

Income statement in millions of USD, fiscal years

Income statement, SEEK Limited, fiscal years, most recent first
	2026	2025	2024	2023	2022	2021
Total revenue	889	722	723	772	770	570
Cost of revenue	–	–	4.4	4.8	4.6	3.3
Gross profit	889	722	718	767	766	567
Selling, general & administrative expenses	565	451	436	432	439	334
Research & development	–	–	–	–	–	–
Depreciation/amortization	112	99.4	85.7	66.0	61.9	62.9
Interest expense (income), operating	45.9	46.1	45.7	41.9	30.0	34.6
Unusual expense (income)	202	3.9	79.9	3.0	−0.3	34.1
Other operating expenses	0.7	−1.3	−1.2	0.4	3.5	0.5
Operating income	−36.9	123	72.1	224	232	101
Net interest income (expense)	−185	82.0	−97.6	−20.9	3.7	3.1
Gain (loss) on sale of assets	–	–	–	–	–	–
Other non-operating income (expense)	0	0	0	0	0	0
Net income before taxes	−222	205	−25.5	203	236	104
Provision for taxes	−9.8	48.0	14.5	49.8	69.8	25.3
Minority interest	−0.1	−0.3	0	0	0	0.3
Equity in affiliates	–	–	–	–	–	–
U.S. GAAP adjustment	–	–	–	–	–	–
Net income before extraordinary items	−212	157	−39.9	154	166	78.7
Extraordinary items	−44.8	4.5	−27.3	543	−49.7	485
Net income	−257	161	−67.3	697	116	564
EBIT, normalized	211	173	198	269	262	169
EBITDA, normalized	323	272	290	340	324	265
Basic EPS, normalized	0.39	0.28	0.33	0.46	0.51	–

Balance sheet in millions of USD, fiscal years

Balance sheet, SEEK Limited, fiscal years, most recent first
	2026	2025	2024	2023	2022	2021
Assets
Cash & short-term investments	94.5	99.0	133	168	224	369
Receivables	92.9	86.5	79.5	113	397	567
Total inventory	–	–	–	–	–	–
Prepaid expenses	22.3	21.9	17.5	16.1	18.3	15.7
Other current assets	21.2	20.2	37.5	20.8	938	801
Total current assets	231	228	268	318	1,577	1,753
Property, plant & equipment	121	119	136	152	167	195
Goodwill	746	762	702	725	726	763
Intangibles	397	383	372	367	300	272
Long-term investments	1,199	1,503	1,549	1,746	468	429
Note receivable	70.0	141	142	168	3.0	0
Other long-term assets	6.4	3.5	1.7	11.6	11.0	37.3
Total assets	2,771	3,140	3,170	3,487	3,253	3,450
Liabilities
Accounts payable	12.1	9.9	4.1	14.1	13.0	6.4
Payable/accrued	–	–	–	–	–	–
Accrued expenses	134	121	106	89.9	119	102
Short-term debt	0	3.7	0	0	0	0
Current portion of long-term debt	14.3	13.0	13.3	13.4	19.3	70.8
Other current liabilities	180	178	187	229	646	784
Total current liabilities	340	326	310	347	797	963
Long-term debt	860	811	926	989	1,062	913
Minority interest	0	0	0	0.5	60.2	63.3
Other liabilities	103	227	212	367	85.8	135
Total liabilities	1,302	1,364	1,448	1,703	2,005	2,074
Shareholders' equity
Preferred stock	–	–	–	–	–	–
Common stock	194	184	184	179	186	202
Additional paid-in capital	–	–	–	–	–	–
Retained earnings (accumulated deficit)	1,286	1,567	1,511	1,652	1,132	1,212
Treasury stock	–	–	–	–	–	–
Other equity	−11.1	24.9	25.7	−48.1	−70.6	−38.5
Total equity	1,468	1,776	1,722	1,784	1,247	1,375
Total liabilities & shareholders' equity	2,771	3,140	3,170	3,487	3,253	3,450

Cash flow statement in millions of USD, fiscal years

Cash flow statement, SEEK Limited, fiscal years, most recent first
	2026	2025	2024	2023	2022	2021
Operating activities
Net income	–	–	–	–	–	–
Depreciation, depletion & amortization	–	–	–	–	–	–
Deferred taxes	–	–	–	–	–	–
Non-cash items	–	–	–	–	–	–
Changes in working capital	1.8	1.5	13.6	−3.3	−17.5	92.2
Cash from operations	275	217	219	213	274	260
Investing activities
Capital expenditures	−105	−85.5	−113	−126	−91.7	−103
Other investing cash flows	−40.3	34.9	27.1	14.0	−302	185
Cash from investing	−145	−50.7	−85.6	−112	−394	81.8
Financing activities
Financing cash flow items	−15.7	−4.7	−5.3	−7.3	−34.4	1.3
Cash dividends paid	−121	−93.9	−99.7	−106	−105	−87.3
Issuance (retirement) of debt, net	–	–	–	–	–	–
Other financing cash flows	1.7	−105	−59.9	−67.1	137	−306
Cash from financing	−135	−204	−165	−181	−2.9	−392
Foreign exchange effects	−4.2	5.1	−3.3	9.3	7.1	−9.3
Net change in cash	−9.4	−32.4	−34.7	−70.6	−116	−59.5
Free cash flow	170	132	107	86.8	182	156

Disclaimer

The financial data presented in this report is delayed and obtained from sources QDD Research believes to be reliable, including stock exchanges, SEDAR, and EDGAR. However, no representation or warranty is made as to the accuracy, completeness, or timeliness of the information. QDD Research accepts no liability for any errors, omissions, or financial losses arising from the use of this data.

This report is generated using a fully systematic and quantitative approach. All factor scores and the overall quant rating (ranging from D to A+) are derived from algorithmic models and are based solely on objective financial metrics. These scores are intended for informational purposes only and should not be interpreted as investment advice or a recommendation to buy, sell, or hold any securities.

QDD Research is not a registered investment advisor or broker-dealer and does not provide personalized financial advice. The content is not tailored to the specific investment goals, financial situation, or risk profile of any individual investor. We strongly encourage readers to consult with a licensed broker or investment advisor before making any investment decisions based on the information contained in this report.

Live quote provided by TradingView. Report data updated Nov 1, 2026 after market close.