Top Australian (ASX) Diversified Financials Growth Stocks

Top Australian (ASX) Diversified Financials Growth Stocks

UPDATED Aug 16, 2022

What are the best Australian (ASX) Diversified Financials Growth Stocks?

According to our Simply Wall St analysis these are the best Australian Diversified Financials growth companies. We look for companies with high forecasted growth and healthy balance sheets that can deliver sustained growth over the long term.

Our criteria to find Top Growth Companies

Growth

  • Companies with sustained revenue growth that outperforms the market are attractive to investors. These companies are most likely to appreciate in share price over time.

What do we look for?

  • Is the company forecast to have high earnings growth.

Healthy Balance Sheet

  • A healthy balance sheet is essential to drive growth opportunities and sustain the business.
  • Repayments on debt take precedence over other initiatives to improve shareholder returns, so investors want to make sure the company is comfortably positioned to cover its debts.

What do we look for?

  • Does the company have a manageable level of debt.
  • Is the company able to cover its interest repayments.

2 companies meet this criteria in the Australian market

GQG Partners Inc. operates as a boutique asset management company.

Growth Criteria

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings: GQG's earnings are expected to grow significantly over the next 3 years.

  • Revenue vs Market

  • Future ROE

  • High Growth Revenue

See Full Stock Report

Rewards

  • Trading at 54% below our estimate of its fair value

  • Earnings are forecast to grow 31.76% per year

  • Revenue grew by 32.7% over the past year

Risks

  • Profit margins (5.9%) are lower than last year (78.3%)

View all Risks and Rewards

OFX Group Limited provides international payments and foreign exchange services.

Growth Criteria

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings: OFX's earnings are expected to grow significantly over the next 3 years.

  • Revenue vs Market

  • Future ROE

  • High Growth Revenue

See Full Stock Report

Rewards

  • Trading at 22.2% below our estimate of its fair value

  • Earnings are forecast to grow 20.25% per year

  • Earnings grew by 102.4% over the past year

Risks

No risks detected for OFX from our risks checks.

View all Risks and Rewards
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