Ashley Services Group Ltd. AI Stock Analysis
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Ashley Services Group Ltd. (ASH) AI Stock Analysis
Ashley Services Group Ltd.
(ASX:ASH)
The score is primarily held back by uneven financial performance, with compressed margins versus prior peaks and weaker free cash flow growth despite positive cash generation. Offsetting that, the balance sheet is relatively sound with improving leverage, while technicals show an established uptrend and valuation is supported by a moderate P/E and solid dividend yield.
Ashley Services Group Ltd. (ASH) vs. iShares MSCI Australia ETF (EWA)
- Market Cap
- AUD 41.60M
- Dividend Yield
- 9.11%
- Average Volume (3M)
- 46.96K
- Price to Earnings (P/E)
- 6.5
- Beta (1Y)
- -0.07
- Revenue Growth
- 16.72%
- EPS Growth
- 186.09%
- Country
- Australia
- Employees
- 288
- Sector
- Industrials
- Sector Strength
- 63
- Industry
- Staffing & Employment Services
Ashley Services Group Ltd. Business Overview & Revenue Model
Company Description
Ashley Services Group Limited is an Australian company that delivers a range of staffing, recruitment, and vocational training services. The firm's operations are organized into two primary divisions: Labor Hire and Training. It offers professional r...
How the Company Makes Money
ASH makes money primarily by supplying labour to client businesses and charging fees linked to those workers’ time and employment costs. Key revenue streams typically include: (1) labour-hire/temporary staffing revenue, where ASH bills clients an hou...
Ashley Services Group Ltd. Financial Statement Overview
Summary
Financial performance is mixed: revenue has grown over the longer run but was uneven (decline in 2025). Profitability is well below prior peaks (net margin fell sharply in 2025 and only partially recovered in 2026), and free cash flow dropped materially in 2026 with modest cash conversion, offset by a relatively solid balance sheet with improving leverage and a rebounding ROE in 2026.
Income Statement
61PositiveBalance Sheet
73PositiveCash Flow
52Neutral| Breakdown | TTM | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 602.20M | 602.20M | 515.94M | 556.54M | 549.22M | 449.78M |
| Gross Profit | 0 | 602.20M | 515.94M | 22.24M | 31.24M | 28.09M |
| EBITDA | 15.33M | 15.33M | 9.29M | 9.24M | 20.53M | 18.96M |
| Net Income | 6.29M | 6.29M | 2.17M | 1.35M | 10.79M | 11.31M |
Balance Sheet | ||||||
| Total Assets | 91.87M | 91.87M | 86.58M | 90.12M | 112.30M | 81.88M |
| Cash, Cash Equivalents and Short-Term Investments | 108.00K | 108.00K | 146.00K | 158.00K | 2.52M | 2.25M |
| Total Debt | 12.28M | 12.28M | 14.46M | 15.61M | 11.74M | 8.83M |
| Total Liabilities | 56.33M | 56.33M | 55.45M | 59.67M | 78.03M | 50.34M |
| Stockholders Equity | 35.54M | 35.54M | 31.12M | 30.45M | 33.84M | 31.55M |
Cash Flow | ||||||
| Free Cash Flow | 6.29M | 6.29M | 8.00M | 787.00K | 19.49M | 4.98M |
| Operating Cash Flow | 7.17M | 7.17M | 8.87M | 3.53M | 22.80M | 6.70M |
| Investing Cash Flow | -1.04M | -1.04M | -4.68M | -3.79M | -14.68M | -2.79M |
| Financing Cash Flow | -6.14M | -6.14M | -4.21M | -2.13M | -7.33M | -5.14M |
Ashley Services Group Ltd. Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:ASH, the sentiment is Neutral. The current price of 0.28 is below the 20-day moving average (MA) of 0.28, below the 50-day MA of 0.29, and above the 200-day MA of 0.25, indicating a neutral trend. The MACD of -0.00 indicates Positive momentum. The RSI at 45.74 is Neutral, neither overbought nor oversold. The STOCH value of -0.00 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:ASH.
Ashley Services Group Ltd. Peers Comparison
Overall Rating
AU:SIQ77Outperform- AU:ASH68Neutral
AU:SEK64Neutral
AU:MMS62Neutral
AU:PPE48Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| AU:SIQ | 77Outperform | AUD 1.60B | 17.21 | 29.94% | 4.78% | 10.49% | 5.31% |
| AU:ASH | 68Neutral | AUD 41.60M | 6.50 | 17.94% | 9.11% | 16.72% | 186.09% |
| AU:SEK | 64Neutral | AUD 5.05B | -13.56 | -16.48% | 3.67% | 17.06% | -251.25% |
| Sector * | 63Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% |
| AU:MMS | 62Neutral | AUD 1.31B | 12.23 | 88.76% | 6.97% | 7.71% | 11.40% |
| AU:PPE | 48Neutral | AUD 46.57M | -5.24 | -8.44% | ― | -28.17% | 27.32% |
* Industrials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| AU:ASH | Ashley Services Group Ltd. | 0.28 | 0.09 | 46.60% | |
| AU:MMS | Mcmillan Shakespeare Limited | 18.95 | 4.11 | 27.69% | |
| AU:SEK | Seek Limited | 14.16 | -10.27 | -42.03% | |
| AU:SIQ | Smartgroup Corporation Ltd | 11.50 | 3.62 | 45.90% | |
| AU:PPE | Peoplein Limited | 0.46 | -0.40 | -46.51% |
Ashley Services Group Ltd. Corporate Events
Ashley Services Group lodges 2026 corporate governance statement with ASX
Ashley Services Group Limited has confirmed that its corporate governance statement for the financial year ended 30 June 2026 is available on its website, in line with ASX Listing Rule requirements. The statement, current as of 27 August 2026 and app...
Ashley Services Group Delivers Record FY26 Revenue and Strong Profit Growth
Ashley Services Group reported record FY26 revenue of $602.2 million, reflecting robust demand across its labour hire and training operations. The Labour Hire division remained the main profit driver, while the Training division delivered strong grow...
Ashley Services Group Profit Surges on Labour Hire and Training Gains
Ashley Services Group has reported a strong FY26 performance, underpinned by its labour hire and training operations across key sectors such as supply chain, retail, horticulture, construction and rail. Revenue rose to $602.2 million, with earnings g...
Ashley Services Group to Acquire Major Logistics Labour Hire Contracts
Ashley Services Group, through its subsidiary Action Workforce, has agreed to acquire the external labour hire customer contracts, relationships and associated workforce of a major logistics company. The targeted customer base generated $162 million...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Aug 30, 2026