OFX Group Limited's (ASX:OFX) Shares Leap 35% Yet They're Still Not Telling The Full Story
May 22
Australian (ASX) Transaction and Payment Processing Services Industry Analysis
UpdatedMay 22, 2024
DataAggregated Company Financials
Companies5
- 7D5.7%
- 3M2.9%
- 1Y7.6%
- YTDn/a
Last week, the Transaction and Payment Processing Services industry hasn't moved much but OFX Group is up 21% in that time. As for the the longer term, the industry is up 6.9% over the past 12 months. Earnings are forecast to grow by 39% annually.
Industry Valuation and Performance
Has the Australian Transaction and Payment Processing Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 22 May 2024 | AU$1.5b | AU$1.1b | -AU$126,342,815.26 | 45.1x | -11.9x | 1.4x |
| Fri, 19 Apr 2024 | AU$1.4b | AU$1.1b | -AU$125,617,417.65 | 38.5x | -10.9x | 1.3x |
| Sun, 17 Mar 2024 | AU$1.6b | AU$1.1b | -AU$125,550,507.24 | 36.2x | -12.9x | 1.5x |
| Tue, 13 Feb 2024 | AU$1.4b | AU$1.0b | -AU$247,787,240.43 | 23.6x | -5.6x | 1.4x |
| Thu, 11 Jan 2024 | AU$1.4b | AU$1.2b | -AU$275,307,826.00 | 14.8x | -5.2x | 1.1x |
| Sat, 09 Dec 2023 | AU$1.4b | AU$1.2b | -AU$275,050,938.00 | 12.2x | -5.1x | 1.1x |
| Mon, 06 Nov 2023 | AU$1.4b | AU$1.2b | -AU$274,892,402.00 | 12x | -5.3x | 1.2x |
| Wed, 04 Oct 2023 | AU$1.7b | AU$1.2b | -AU$275,520,564.00 | 13.1x | -6.2x | 1.5x |
| Fri, 01 Sep 2023 | AU$1.7b | AU$1.2b | -AU$275,069,576.00 | 13.3x | -6.3x | 1.5x |
| Sun, 30 Jul 2023 | AU$1.7b | AU$1.1b | -AU$153,518,995.00 | 16.3x | -11.1x | 1.6x |
| Tue, 27 Jun 2023 | AU$948.2m | AU$860.5m | -AU$184,760,910.00 | n/a | -5.1x | 1.1x |
| Thu, 25 May 2023 | AU$1.1b | AU$864.4m | -AU$185,647,741.00 | n/a | -5.9x | 1.3x |
| Sat, 22 Apr 2023 | AU$1.3b | AU$849.4m | -AU$229,018,841.00 | n/a | -5.8x | 1.6x |
Price to Earnings Ratio
-5x
Current Industry PE
- Investors are relatively neutral on the Australian Transaction and Payment Processing Services industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PS ratio of 1.4x.
Past Earnings Growth
- The earnings for companies in the Transaction and Payment Processing Services industry have improved over the last three years.
- Revenues for these companies have grown 8.1% per year.
- This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.
Industry Comparison
How does Australian Transaction and Payment Processing Services compare with similar industries?
| AU Market | 1.47% | |
| Financials | 1.43% | |
| Diversified Financial | -1.09% | |
| Transaction and Payment Processing Services | 5.66% | |
| Specialized Finance | 0.55% | |
| Multi-Sector Holdings | -1.20% | |
| Other Diversified Financial Services | -2.01% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| OFX OFX Group | AU$2.00 | 23.5% +AU$90.4m | 13.3% | PE15.2x | |
| FND Findi | AU$3.78 | 30.3% +AU$42.9m | 663.6% | PE45.7x | |
| SZL Sezzle | AU$24.35 | 5.4% +AU$7.1m | 13.4% | PE19x | |
| SPT Splitit Payments | AU$0.075 | 13.6% +AU$5.0m | -57.1% | PS2.4x |