Propel Funeral Partners (ASX:PFP): What Is the Analyst Outlook After FY26?

Sonal Goyal

09 October 2026 12:36 PM AEDT

Propel Funeral Partners (ASX:PFP): What Is the Analyst Outlook After FY26?

Image Source: Shutterstock

You are reading a free article with opinions that may differ from the recommendation given by Kalkine in its paid research reports. Become a Kalkine member today to get access to our research reports, in-depth technical and fundamental research. Learn more

Start Your Free Trial Now!

Highlights

Consensus rating of Buy from 6 analysts: 5 Buy or equivalent, 1 Hold, 0 Sell or equivalent.
Mean price target of A$4.45 against a share price of A$2.77 on 8 October 2026, an implied upside of 60.8%.
Analyst targets range from A$3.80 to A$5.17.
Revenue was $226.6 million, in line with the prior year and within guidance of $225 million to $230 million.

Propel Funeral Partners (ASX:PFP) carries a consensus analyst rating of Buy. Of the 6 analyst recommendations recorded, 5 are Buy or equivalent, 1 is Hold and 0 are Sell or equivalent. The mean price target is A$4.45, with targets ranging from A$3.80 to A$5.17, against a current share price of A$2.77 (8 October 2026). Propel Funeral Partners Limited is a funeral services group that owns and operates funeral homes, crematoria and cemeteries in Australia and New Zealand.

Company name	Propel Funeral Partners
Ticker	(ASX:PFP)
Exchange	ASX (Australian Securities Exchange)
Current share price	A$2.77
Price date	8 October 2026
Number of analysts	6
Rating consensus	Buy
Consensus price target (mean)	A$4.45
Highest target	A$5.17
Lowest target	A$3.80
Implied upside/downside to mean target	Implied upside of 60.8%

Latest developments

Propel Funeral Partners (ASX:PFP) announced its FY26 full year results on 25 August 2026. Revenue was $226.6 million, in line with the prior year and within guidance of $225 million to $230 million. Operating EBITDA was $55.3 million, 1.6% below the prior year and within guidance of $54.5 million to $56.5 million, with a Margin of 24.4%. Operating NPAT was $20.7 million, down 4.0%, and operating EPS were 15.0 cents.

Total dividends were 14.4 cents per share, unchanged and fully franked, including a final Dividend of 6.9 cents. Cash Flow conversion was 100.7%. Five acquisitions were completed during and since FY26, totalling about $12 million, and about $169 million of funding capacity is available. FY26 results include unfavourable foreign exchange impacts of about $3 million to revenue and $1 million to operating EBITDA.

Sector context

Funeral services revenue relates to the number and mix of funerals and services, with growth also coming from acquisitions. The company reports currency effects from its New Zealand operations.

Risks and what to watch

Operating EBITDA and operating NPAT declined slightly, and the margin fell 50 basis points. Revenue was flat, partly because of foreign exchange. Funeral volumes depend on mortality trends, and acquisitions depend on available opportunities and funding.

Next milestones

Items to watch include payment of the 6.9 cent final dividend, further acquisitions using the $169 million of funding capacity, the revenue and EBITDA outlook for FY27, and the half-year result.

FAQs

Q: What is the consensus analyst rating for Propel Funeral Partners (ASX:PFP)?

A:The consensus rating is Buy, based on 6 analyst recommendations: 5 Buy or equivalent, 1 Hold and 0 Sell or equivalent.

Q: What are the analyst price targets for Propel Funeral Partners (ASX:PFP)?

A:The mean price target is A$4.45, with a highest target of A$5.17 and a lowest target of A$3.80. The share price on 8 October 2026 was A$2.77.

Q: What did Propel Funeral Partners (ASX:PFP) report for FY26?

A:Propel reported revenue of $226.6 million, operating EBITDA of $55.3 million, operating NPAT of $20.7 million and total dividends of 14.4 cents per share, fully franked.

Download Free Report – Explore 3 Stock Ideas & Industry Insights

Unlock 3 stock ideas and key industry insights in our free report. This information is general in nature and does not consider your personal objectives, financial situation, or needs. It is not financial advice.

All investments involve risk—consider independent advice before making any investment decisions.

View 3 Research Reports

Disclaimer:

This article (“Article”) has been prepared by Kalkine Pty Limited (ABN 34 154 808 312) (Australian financial services licence number 425376) (“Kalkine”) and its related bodies corporate who are authorised to provide general financial product advice. Kalkine.com.au and its associated pages are published by Kalkine.

Any information/advice provided in this article is general in nature and does not take into account your objectives, financial situation or needs. You should therefore consider whether the information is appropriate for your objectives, financial situation and needs before acting upon it.

There may be a Product Disclosure Statement, Information Memorandum or other offer document (“Offer Document”) for the securities or other financial products referred to in Kalkine articles. You should obtain a copy of the Offer Document and consider it before making any decision about whether to acquire the security or financial product.

Kalkine strongly recommends that you seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice) before acting on any advice/information in this Article or on the Kalkine website. Not all investments are appropriate for all people.

The information in this Article and on Kalkine website has been prepared from a wide variety of sources, which Kalkine, to the best of its knowledge and belief, considers accurate. Kalkine has made every effort to ensure the reliability of the information contained in its articles (including this Article), newsletters and websites. All information represents our views at the date of publication and may change without notice.

The information in this Article does not constitute an offer to sell securities or other financial products or a solicitation of an offer to buy securities or other financial products.

Kalkine does not issue, sell or deal in any financial products.

This Article may contain information on past performance of particular investments. Please note past performance is neither an indicator nor a guarantee of future performance.

To the extent permitted by law, and excluding any dishonesty or gross negligence by Kalkine, Kalkine disclaims and excludes all liability for any direct, indirect, implied, punitive, special, incidental or other consequential loss or damage arising from the use of or reliance on this Article, the Kalkine website and any information published on the Kalkine website without any warranties or representations by Kalkine to you. To the extent the law prohibits or limits this exclusion, Kalkine limits its liability to the resupply of services.

Please also read our Terms & Conditions and Financial Services Guide for further information.

Employees and/or associates of Kalkine and its related entities may hold interests in the securities or other financial products covered in this Article or on the Kalkine website. Any such employees and associates are required to comply with certain safeguards, procedures and disclosures as required by law.

Some of the images/music that may be used in the Article are copyright to their respective owner(s). Kalkine does not claim ownership of any of the pictures displayed/music used in the Article unless stated otherwise. The images/music that may be used in the Article are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated or was found to be necessary.

Kalkine Media Pty Ltd, an affiliate of Kalkine Pty Ltd, may have received, or be entitled to receive, financial consideration in connection with providing information about certain entity(s) covered on its website.