Kelly Partners Group Holdings Ltd. (KPG) AI Stock Analysis

• Market Cap: AU$469.95M
• Dividend Yield: 0.08%
• Average Volume (3M): 40.82K
• Price to Earnings (P/E): 136.6
• Beta (1Y): 0.43
• Revenue Growth: 24.47%
• EPS Growth: 21.28%
• Country: AU
• Employees: N/A
• Sector: Industrials
• Sector Strength: 72
• Industry: Specialty Business Services
• EPS (TTM): N/A
• Shares Outstanding: 45,274,956
• 10 Day Avg. Volume: 40,020
• 30 Day Avg. Volume: 40,818
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: AU$11.00
• Price Target Upside: 5.97% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 65 Neutral
• Price Target: AU$11.00 ▲(5.97% Upside)

Kelly Partners Group Holdings Ltd. has a solid financial performance with strong revenue growth and cash flow, as highlighted in the earnings call. However, the high debt levels and weak technical indicators weigh down the overall score. The stock appears overvalued based on its P/E ratio, but the high dividend yield provides some offsetting value.

Kelly Partners Group Holdings Ltd. Business Overview & Revenue Model

Company Description

Kelly Partners Group Holdings Limited provides chartered accounting and other professional services to private businesses and high net worth individuals in Australia. The company operates through two segments, Accounting and Other Services. It offers accounting and taxation, corporate secretarial, outsourced CFO, audit, business structuring, bookkeeping, and other accounting related services. The company also provides financial broking, wealth management, investment office, and other non-accounting services. Kelly Partners Group Holdings Limited was founded in 2006 and is based in North Sydney, Australia.

How the Company Makes Money

Kelly Partners Group Holdings Ltd. generates revenue primarily through fees for its accounting and business advisory services. Key revenue streams include tax compliance services, business consulting, and wealth management, which are offered to a diverse client base of SMEs. The company benefits from recurring income through long-term relationships with clients who require ongoing financial services. Additionally, KPG may engage in strategic partnerships or acquisitions to expand its service offerings and geographical reach, further contributing to its revenue growth.

Kelly Partners Group Holdings Ltd. Financial Statement Overview

Summary

Kelly Partners Group Holdings Ltd. shows robust revenue growth and operational efficiency, as evidenced by strong EBIT and EBITDA margins. However, the company faces challenges with a high debt-to-equity ratio, which could impact financial stability. Cash flow metrics are generally positive, supporting the company's ability to generate cash from operations. Overall, the company is on a growth trajectory but must manage its leverage carefully to sustain long-term financial health.

Income Statement

Kelly Partners Group Holdings Ltd. has demonstrated strong revenue growth with a rate of 11.98% in the most recent year, indicating a positive trajectory. The gross profit margin is exceptionally high at 100%, suggesting efficient cost management. However, the net profit margin is relatively low at 2.54%, which may indicate high operating expenses or other costs. The EBIT and EBITDA margins are healthy at 16.88% and 27.63%, respectively, showing good operational efficiency.

Balance Sheet

The company has a high debt-to-equity ratio of 3.58, indicating significant leverage, which could pose financial risks if not managed properly. Return on equity is moderate at 12.01%, reflecting decent profitability relative to shareholder equity. The equity ratio is not provided, but the overall leverage suggests a need for cautious financial management.

Cash Flow

The free cash flow growth rate is positive at 5.64%, indicating improving cash generation capabilities. The operating cash flow to net income ratio is 0.58, suggesting that cash flow generation is not fully aligned with reported earnings. The free cash flow to net income ratio is strong at 0.92, indicating that a significant portion of earnings is converted into free cash flow.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	134.61M	134.61M	108.14M	86.52M	64.86M	48.91M
Gross Profit	44.87M	134.61M	53.90M	14.71M	16.66M	14.02M
EBITDA	36.94M	37.20M	31.69M	24.35M	24.44M	18.69M
Net Income	3.41M	3.41M	3.52M	3.93M	5.56M	4.62M
Balance Sheet
Total Assets	198.96M	198.96M	159.32M	132.59M	106.64M	67.61M
Cash, Cash Equivalents and Short-Term Investments	6.87M	6.87M	3.27M	5.33M	2.97M	4.04M
Total Debt	101.88M	101.88M	79.75M	72.66M	53.74M	31.85M
Total Liabilities	132.48M	132.48M	106.96M	97.12M	72.69M	42.46M
Stockholders Equity	28.42M	28.42M	22.64M	20.54M	20.70M	17.95M
Cash Flow
Free Cash Flow	28.84M	28.74M	21.33M	16.85M	10.11M	12.76M
Operating Cash Flow	31.27M	31.27M	25.61M	19.50M	17.58M	15.08M
Investing Cash Flow	-19.78M	-19.78M	-14.82M	-11.33M	-20.93M	-4.45M
Financing Cash Flow	-11.39M	-11.39M	-5.95M	-14.95M	3.58M	-11.00M

Kelly Partners Group Holdings Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 10.38
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:KPG, the sentiment is Negative. The current price of 10.38 is below the 20-day moving average (MA) of 10.60, below the 50-day MA of 10.69, and below the 200-day MA of 10.98, indicating a bearish trend. The MACD of -0.08 indicates Positive momentum. The RSI at 45.28 is Neutral, neither overbought nor oversold. The STOCH value of 46.13 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:KPG.

Kelly Partners Group Holdings Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SIQ	76 Outperform	1.12B	13.17	29.27%	6.13%	11.64%	18.08%
KPG	65 Neutral	AU$469.95M	136.58	13.37%	0.08%	24.47%	21.28%
CUP	59 Neutral	171.69M	19.10	―	4.39%	27.05%	520.93%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%

Kelly Partners Group Holdings Ltd. Corporate Events

Kelly Partners Group Announces Extraordinary General Meeting

Kelly Partners Group Holdings Ltd. has announced an Extraordinary General Meeting (EGM) scheduled for October 14, 2025, in Sydney. The meeting will address a resolution that shareholders are encouraged to vote on, either in advance or by proxy. This EGM is a significant event for the company, as it provides an opportunity for shareholders to engage with the board and influence the company’s strategic decisions.

The most recent analyst rating on (AU:KPG) stock is a Hold with a A$11.50 price target. To see the full list of analyst forecasts on Kelly Partners Group Holdings Ltd. stock, see the AU:KPG Stock Forecast page.

Kelly Partners Group Expands with Pittwater Firm Acquisition

Kelly Partners Group Holdings Limited has announced the acquisition of a Pittwater-based accounting firm, marking another step in its strategic expansion. This acquisition, while not material to the company, highlights the effectiveness of Kelly+Partners’ business model and its appeal to accounting firms seeking succession solutions. The partnership is part of a series of recent acquisitions that are projected to increase the company’s annual revenue run rate to approximately AUD 154 million, reflecting a significant growth trajectory.

The most recent analyst rating on (AU:KPG) stock is a Hold with a A$11.50 price target. To see the full list of analyst forecasts on Kelly Partners Group Holdings Ltd. stock, see the AU:KPG Stock Forecast page.

Kelly Partners Re-appoints Joyce Au as Company Secretary

Kelly Partners Group Holdings Ltd announced the re-appointment of Ms. Joyce Au as Company Secretary, effective after trading on August 29, 2025. Ms. Au, a solicitor and Chartered Accountant with 20 years of experience, has been with the company since its inception, contributing significantly across various roles. This change reflects the company’s commitment to leveraging experienced leadership to enhance its operations and maintain strong communication with the ASX.

The most recent analyst rating on (AU:KPG) stock is a Hold with a A$11.50 price target. To see the full list of analyst forecasts on Kelly Partners Group Holdings Ltd. stock, see the AU:KPG Stock Forecast page.

Kelly Partners Group Announces Director’s Share Transfer for Loan Security

Kelly Partners Group Holdings Ltd. has announced a change in the director’s interest, specifically related to Brett Kelly. The change involves a transfer of 1,000,000 ordinary shares to a custodian for security purposes under a Master Loan Agreement and Deed of Security. This move allows Kelly Investments 1 Pty Ltd to borrow against the value of its shares in Kelly Partners Group Holdings Ltd., with the right to recover the shares at the end of the loan period.

The most recent analyst rating on (AU:KPG) stock is a Hold with a A$11.00 price target. To see the full list of analyst forecasts on Kelly Partners Group Holdings Ltd. stock, see the AU:KPG Stock Forecast page.

Kelly Partners Announces Director’s Shareholding Update

Kelly Partners Group Holdings Ltd. announced a change in the director’s interest, specifically involving Brett Kelly. The change involved the disposal of 5,000 ordinary shares through on-market transfers, resulting in a slight decrease in the total number of shares held by the director. This adjustment in shareholding is a routine update and does not indicate any significant shift in company strategy or operations.

Kelly Partners Group Unveils Global Expansion Strategy

Kelly Partners Group Holdings Ltd. has announced its strategic vision for global expansion, particularly targeting the US market. The company has achieved significant revenue growth in the US, reaching USD$16.5m in just 2.5 years, demonstrating the effectiveness of its Partner-Owner-Driver® model. This expansion is part of a broader strategy to deliver enduring value to shareholders and positively impact communities worldwide. The Group’s revenue has grown at a compound annual growth rate of 30% over 19 years, doubling every three years, showcasing its successful growth trajectory.

Kelly Partners Group Focuses on Strategic Growth and Value Enhancement

Kelly Partners Group Holdings Limited, in its FY2025 Management Discussion & Analysis, outlines its strategic focus on enhancing the earning power of its operating businesses and pursuing growth through acquisitions. The company aims to increase earnings by 5% annually and is open to making significant acquisitions that align strategically. Additionally, the company plans to repurchase shares when they are available at a discount. These strategies are designed to build per-share intrinsic value and strengthen the company’s market position.

Kelly Partners Group Sees 24.5% Revenue Surge Amid Global Expansion

Kelly Partners Group Holdings Ltd. reported a 24.5% increase in revenue for FY25, reaching $134.6 million, with significant contributions from both acquired and organic growth. The company’s strategic expansion into the USA and Ireland, alongside its Partner-Owner-Driver model, has bolstered its market presence, particularly in the US where it now services a notable percentage of McDonald’s franchisees. The firm continues to invest in long-term growth, evidenced by recent partnerships and an internal equity capital raise, while maintaining strong client satisfaction and digital engagement.

Kelly Partners Group Reports Strong FY25 Results with International Expansion

Kelly Partners Group Holdings Ltd. reported a successful fiscal year 2025, with a notable 25% increase in revenue to $134 million and a 25% rise in free cash flow per share. The company also expanded its operations to include a new country, Ireland, and achieved a 50% increase in organizational growth, highlighting its strong market position and commitment to strategic growth.