Market Participants Recognise Findi Limited's (ASX:FND) Earnings Pushing Shares 29% Higher
Nov 07
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Australian (ASX) Transaction and Payment Processing Services Industry Analysis
UpdatedNov 20, 2024
DataAggregated Company Financials
Companies5
- 7D6.3%
- 3M-2.6%
- 1Y10.3%
- YTDn/a
Over the last 7 days, the Transaction and Payment Processing Services industry has risen 6.3%, driven by gains from Findi of 12%. In the same time, Change Financial was down 18%. This means that the industry has gained 10% over the past year. Earnings are forecast to grow by 32% 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 |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | AU$1.5b | AU$1.0b | AU$42.4m | 19.4x | 36x | 1.5x |
| Sat, 19 Oct 2024 | AU$1.3b | AU$1.0b | AU$47.6m | 15.9x | 27.5x | 1.3x |
| Mon, 16 Sep 2024 | AU$1.6b | AU$1.0b | AU$47.6m | 20.6x | 32.6x | 1.5x |
| Wed, 14 Aug 2024 | AU$1.5b | AU$1.1b | -AU$125,692,856.97 | 42.7x | -11.9x | 1.4x |
| Fri, 12 Jul 2024 | AU$1.6b | AU$1.1b | -AU$125,603,560.17 | 48.3x | -12.9x | 1.5x |
| Sun, 09 Jun 2024 | AU$1.5b | AU$1.1b | -AU$125,700,816.57 | 41.2x | -11.8x | 1.4x |
| Tue, 07 May 2024 | AU$1.4b | AU$1.1b | -AU$125,512,947.86 | 43.8x | -11.3x | 1.3x |
| Thu, 04 Apr 2024 | AU$1.5b | AU$1.1b | -AU$125,576,624.68 | 46.7x | -12.1x | 1.4x |
| Sat, 02 Mar 2024 | AU$1.5b | AU$1.1b | -AU$125,580,107.01 | 32.1x | -11.8x | 1.4x |
| Mon, 29 Jan 2024 | AU$1.6b | AU$1.3b | -AU$275,228,601.00 | 19x | -5.7x | 1.2x |
| Wed, 27 Dec 2023 | AU$1.4b | AU$1.2b | -AU$275,344,381.00 | 15.3x | -5.2x | 1.2x |
| Fri, 24 Nov 2023 | AU$1.5b | AU$1.2b | -AU$276,254,906.00 | 14.2x | -5.3x | 1.2x |
| Sun, 22 Oct 2023 | AU$1.5b | AU$1.2b | -AU$275,753,217.00 | 12.7x | -5.4x | 1.3x |
| Tue, 19 Sep 2023 | AU$1.7b | AU$1.2b | -AU$275,193,061.00 | 14.6x | -6.4x | 1.5x |
| Thu, 17 Aug 2023 | AU$1.6b | AU$1.1b | -AU$130,043,834.00 | 11.2x | -12.2x | 1.4x |
| Sat, 15 Jul 2023 | AU$1.6b | AU$1.1b | -AU$151,859,205.00 | 14.8x | -10.5x | 1.5x |
| Mon, 12 Jun 2023 | AU$1.0b | AU$858.3m | -AU$184,260,557.00 | n/a | -5.5x | 1.2x |
| Wed, 10 May 2023 | AU$1.3b | AU$847.1m | -AU$228,012,593.00 | n/a | -5.7x | 1.5x |
| Fri, 07 Apr 2023 | AU$1.3b | AU$849.4m | -AU$229,010,311.00 | n/a | -5.6x | 1.5x |
Price to Earnings Ratio
-5x
Current Industry PE
- Investors are optimistic on the Australian Transaction and Payment Processing Services industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 36.0x which is higher than its 3-year average PE of -3.1x.
- The industry is trading close to its 3-year average PS ratio of 1.4x.
Past Earnings Growth
- Total earnings for the Transaction and Payment Processing Services industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 6.8% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does Australian Transaction and Payment Processing Services compare with similar industries?
| AU Market | 1.37% | |
| Financials | 2.36% | |
| Diversified Financial | 1.98% | |
| Transaction and Payment Processing Services | 6.29% | |
| Specialized Finance | 7.82% | |
| Multi-Sector Holdings | 1.99% | |
| Other Diversified Financial Services | 1.09% | |
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 | |
|---|---|---|---|---|---|
| FND Findi | AU$7.65 | 12.2% +AU$40.7m | 625.1% | PE92.9x | |
| TYR Tyro Payments | AU$0.94 | 5.6% +AU$26.3m | -7.4% | PE19.4x | |
| OFX OFX Group | AU$1.34 | 1.9% +AU$5.8m | -2.9% | PE12.2x | |
| SPT Splitit Payments | AU$0.075 | 13.6% +AU$5.0m | -57.1% | PS2.4x |