Smartgroup Corporation Ltd

ASX:SIQ (Australia)  
A$ 9.74 (-2.5%) Apr 26
20.42
P/B:
5.19
Market Cap:
A$ 1.33B ($ 869.14M)
Enterprise V:
A$ 1.37B ($ 894.95M)
Volume:
240.47K
Avg Vol (2M):
464.55K
Also Trade In:
Volume:
240.47K
Avg Vol (2M):
464.55K

Business Description

Description
Smartgroup Corporation is an Australia-based company that provides specialist employee management services. Its services include salary packaging, novated leasing, vehicle fleet management, payroll administration, employee share plan administration and workforce optimization. The operating segments of the company are: outsourced administration, or OA, vehicle services, or VS, and software, distribution and group services, or SDGS. Bulk of the group's revenue is generated from the OA segment which provides outsourced salary packaging services, novated leasing, share plan administration and outsourced payroll services. VS segment provides end-to-end vehicle fleet management services.