OFX GROUP LIMITED |
Delayed
Other stock markets
|
5-day change | 1st Jan Change | ||
| 1.61 AUD | -3.01% |
|
+3.54% | +6.98% |
| 2023 | Transcript : OFX Group Limited, H1 2024 Earnings Call, Nov 14, 2023 | |
| 2023 | OFX Group Limited Reports Earnings Results for the Half Year Ended September 30, 2023 | CI |
Valuation
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 415.1 | 301.3 | 268.3 | 602 | 387.7 | 394.9 | - | - |
| Enterprise Value (EV) 1 | 356.6 | 301.3 | 234.8 | 542.9 | 384.7 | 369.7 | 342.7 | 308.2 |
| P/E ratio | 23.5 x | 15.2 x | 21.6 x | 25 x | 12.6 x | 12.8 x | 11.8 x | 10.1 x |
| Yield | 3.54% | 3.79% | 0.74% | - | - | - | 0.38% | 5.09% |
| Capitalization / Revenue | 3.19 x | 2.18 x | 1.99 x | 3.81 x | 1.72 x | 1.73 x | 1.63 x | 1.55 x |
| EV / Revenue | 2.74 x | 2.18 x | 1.74 x | 3.44 x | 1.71 x | 1.62 x | 1.42 x | 1.21 x |
| EV / EBITDA | 11.1 x | 7.89 x | 7.72 x | 12.2 x | 6.16 x | 6.82 x | 5.34 x | 4.37 x |
| EV / FCF | 20.1 x | 10.2 x | 8.47 x | 17 x | 15 x | 12.9 x | 10.9 x | 7.29 x |
| FCF Yield | 4.98% | 9.8% | 11.8% | 5.88% | 6.67% | 7.75% | 9.18% | 13.7% |
| Price to Book | 5.67 x | - | - | - | - | 2.35 x | 1.89 x | 1.63 x |
| Nbr of stocks (in thousands) | 248,587 | 242,958 | 243,872 | 247,735 | 247,735 | 237,918 | - | - |
| Reference price 2 | 1.670 | 1.240 | 1.100 | 2.430 | 1.565 | 1.660 | 1.660 | 1.660 |
| Announcement Date | 5/20/19 | 5/18/20 | 5/17/21 | 5/16/22 | 5/22/23 | - | - | - |
1AUD in Million2AUD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: März | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 130.2 | 138.3 | 134.7 | 158 | 225 | 227.9 | 241.8 | 254.1 |
| EBITDA 1 | 32.2 | 38.2 | 30.4 | 44.5 | 62.44 | 54.22 | 64.11 | 70.59 |
| EBIT 1 | 26.4 | 27.73 | 18.66 | 34.53 | 49.26 | 40.17 | 46.33 | 53.98 |
| Operating Margin | 20.27% | 20.04% | 13.85% | 21.85% | 21.89% | 17.62% | 19.16% | 21.24% |
| Earnings before Tax (EBT) | 22.08 | 24.77 | - | 32.11 | 37.49 | - | 45.4 | 55.2 |
| Net income 1 | 17.6 | 20.3 | 12.8 | 24.46 | 31.41 | 29.99 | 34.26 | 40.26 |
| Net margin | 13.51% | 14.67% | 9.5% | 15.48% | 13.96% | 13.16% | 14.17% | 15.84% |
| EPS 2 | 0.0710 | 0.0816 | 0.0510 | 0.0973 | 0.1243 | 0.1300 | 0.1412 | 0.1640 |
| Free Cash Flow 1 | 17.77 | 29.53 | 27.73 | 31.93 | 25.68 | 28.65 | 31.45 | 42.3 |
| FCF margin | 13.64% | 21.35% | 20.58% | 20.21% | 11.41% | 12.57% | 13.01% | 16.65% |
| FCF Conversion (EBITDA) | 55.18% | 77.31% | 91.2% | 71.75% | 41.12% | 52.84% | 49.05% | 59.92% |
| FCF Conversion (Net income) | 100.95% | 145.48% | 216.61% | 130.55% | 81.74% | 95.53% | 91.79% | 105.06% |
| Dividend per Share 2 | 0.0592 | 0.0470 | 0.008100 | - | - | - | 0.006330 | 0.0845 |
| Announcement Date | 5/20/19 | 5/18/20 | 5/17/21 | 5/16/22 | 5/22/23 | - | - | - |
1AUD in Million2AUD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: March | 2021 S1 | 2021 S2 | 2022 S1 | 2022 S2 | 2023 S1 | 2024 S1 |
|---|---|---|---|---|---|---|
| Net sales | - | 73.12 | 74 | 84.02 | - | - |
| EBITDA | - | 19.6 | 20.3 | 24.2 | 32.29 | - |
| EBIT | - | 13.85 | 14.98 | 19.55 | 26.76 | - |
| Operating Margin | - | 18.95% | 20.24% | 23.27% | - | - |
| Earnings before Tax (EBT) | - | - | - | - | - | - |
| Net income 1 | 2.868 | - | 10.9 | - | - | 15.78 |
| Net margin | - | - | 14.73% | - | - | - |
| EPS 2 | 0.0115 | - | 0.0433 | - | - | 0.0609 |
| Dividend per Share | - | - | - | - | - | - |
| Announcement Date | 11/9/20 | 5/17/21 | 11/8/21 | 5/16/22 | 11/7/22 | 11/13/23 |
1AUD in Million2AUD
Estimates
Balance Sheet Analysis
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - | - |
| Net Cash position 1 | 58.6 | - | 33.5 | 59.1 | 3.01 | 25.2 | 52.3 | 86.8 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | 17.8 | 29.5 | 27.7 | 31.9 | 25.7 | 28.7 | 31.5 | 42.3 |
| ROE (net income / shareholders' equity) | 26.2% | 29.4% | 16.3% | 26.6% | 25.3% | 17.8% | 17.4% | 17.1% |
| ROA (Net income/ Total Assets) | 7.19% | 6.95% | 3.51% | 6.29% | 5.89% | 4.6% | 5.6% | 6.3% |
| Assets 1 | 244.6 | 292.1 | 364.4 | 388.7 | 533.2 | 652 | 611.9 | 639.1 |
| Book Value Per Share 2 | 0.2900 | - | - | - | - | 0.7100 | 0.8800 | 1.020 |
| Cash Flow per Share 2 | 0.0800 | 0.1200 | 0.1100 | 0.1900 | 0.1900 | 0.2400 | 0.2200 | 0.2400 |
| Capex 1 | 1.14 | 0.97 | 0.15 | 0.96 | 20.9 | 23 | 21.9 | - |
| Capex / Sales | 0.87% | 0.7% | 0.11% | 0.61% | 9.28% | 10.09% | 9.06% | - |
| Announcement Date | 5/20/19 | 5/18/20 | 5/17/21 | 5/16/22 | 5/22/23 | - | - | - |
1AUD in Million2AUD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B-
Sell
Buy
Mean consensus
BUY
Number of Analysts
4
Last Close Price
1.66
AUD
Average target price
2.247
AUD
Spread / Average Target
+35.39%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +6.64% | 256M | |
| +14.93% | 90.29B | |
| +10.60% | 70.52B | |
| -5.62% | 46.8B | |
| -3.33% | 31.8B | |
| +6.91% | 21.92B | |
| -17.88% | 12.08B | |
| -11.16% | 10.1B | |
| +8.59% | 9.16B | |
| -26.03% | 7.86B |
- Stock Market
- Equities
- OFX Stock
- Financials OFX Group Limited
