Added to YB: 2026-07-16
Pitch date: 2026-07-14
KPG.AX [neutral]
Kelly Partners Group Holdings Limited
+0.25%
current return
Author Info
No bio for this author
Company Info
Kelly Partners Group Holdings Limited provides chartered accounting and other professional services to private businesses and high net worth individuals in Australia and internationally.
Market Cap
AUD 175.2M
Pitch Price
AUD 3.94
Price Target
N/A
Dividend
N/A
EV/EBITDA
7.87
P/E
57.68
EV/Sales
2.30
Sector
Professional Services
Category
growth
A first look at Kelly Partners Group and its explosive growth
KPG.AX (overview): Australian accounting roll-up, EV ~$340M, $164M rev. Buys controlling stakes in tax/compliance firms (90% rev, recurring/moaty), funds via debt on target. 36 acquisitions since IPO, 3x share price, share count down. CEO Kelly owns 37%. FY26 owner earnings $9.3M = 19.3x (vs 62x July '25 high); mgmt sees $14-17M power = <13x. Risks: Kelly's 1% rev salary, $4M loans, pledged shares/margin calls.
Read full article (2 min)