Seek Ltd

SEK: XASX (AUS)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
A$27.00WdgthMqhhcyrrm

Seek's Core ANZ Business Is Recovering More Quickly Than Expected

Business Strategy and Outlook

Seek captures 90% of total time spent online searching for jobs, dominating the Australian market. This dominance within a small niche global geographic market, built through a first-mover advantage, represents a strong competitive advantage given its network effect. Australians view seek.com.au as their first port of call for looking for employment, which is why we ascribe a narrow moat to the company.

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