REA Group Ltd

REA: XASX (AUS)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
A$217.00FrdrVsbmpwlb

REA Group Earnings: A Bumper Year for Australia, but India Still Nowhere Near Profitable

We raise our fair value estimate for wide-moat REA Group by 3% to AUD 121 per share following the release of fiscal 2024 results. The company had a strong year, as expected, due to a bumper year in its Australian residential segment and decreasing losses in its India segment. At current prices, REA Group shares continue to screen as materially overvalued.

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