Revenue Downgrade: Here's What Analysts Forecast For Genworth Mortgage Insurance Australia Limited (ASX:GMA)
The latest analyst coverage could presage a bad day for Genworth Mortgage Insurance Australia Limited ( ASX:GMA ), with...
Australian (ASX) Thrifts and Mortgage Finance Industry Analysis
UpdatedMay 28, 2022
DataAggregated Company Financials
Companies5
- 7D-0.9%
- 3M0.1%
- 1Y4.9%
- YTD10.8%
The Thrifts and Mortgage Finance industry has been flat over the last week, but Resimac Group has lost 3.4%. As for the the longer term, the industry is up 4.9% over the past 12 months. In the next few years, earnings are forecast to decline by 4.4% annually.
Industry Valuation and Performance
Has the Australian Thrifts and Mortgage Finance Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Sat, 28 May 2022 | AU$2.0b | AU$819.8m | AU$257.2m | 8.8x |
| Mon, 25 Apr 2022 | AU$2.1b | AU$819.8m | AU$257.2m | 9x |
| Wed, 23 Mar 2022 | AU$2.0b | AU$819.8m | AU$257.2m | 8.7x |
| Fri, 18 Feb 2022 | AU$2.1b | AU$770.2m | AU$109.8m | 13.8x |
| Sun, 16 Jan 2022 | AU$1.9b | AU$770.2m | AU$109.8m | 13.5x |
| Tue, 14 Dec 2021 | AU$1.8b | AU$770.2m | AU$109.8m | 13x |
| Thu, 11 Nov 2021 | AU$1.8b | AU$770.2m | AU$109.8m | 13.2x |
| Sat, 09 Oct 2021 | AU$1.8b | AU$770.2m | AU$109.8m | 13x |
| Mon, 06 Sep 2021 | AU$1.8b | AU$770.2m | AU$109.8m | 13.7x |
| Wed, 04 Aug 2021 | AU$1.8b | AU$770.2m | AU$109.8m | 12.8x |
| Sat, 08 May 2021 | AU$1.9b | AU$790.8m | AU$85.9m | 12.2x |
| Tue, 09 Feb 2021 | AU$1.7b | AU$799.6m | -AU$46,442,378.00 | 11.1x |
| Mon, 02 Nov 2020 | AU$1.3b | AU$761.8m | -AU$274,220.00 | 8.1x |
| Thu, 06 Aug 2020 | AU$1.3b | AU$754.7m | -AU$2,934,062.00 | 10.4x |
| Sun, 10 May 2020 | AU$1.5b | AU$773.7m | -AU$3,017,028.00 | 11.8x |
| Sat, 01 Feb 2020 | AU$2.3b | AU$842.1m | AU$170.1m | 15.4x |
| Tue, 05 Nov 2019 | AU$2.3b | AU$850.8m | AU$160.2m | 13.2x |
| Fri, 09 Aug 2019 | AU$2.1b | AU$830.9m | AU$137.6m | 13.5x |
Median PE Ratio
11.9x
Current Industry PE
- Investors are relatively neutral on the 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 PE ratio of 12.0x.
- Future earnings are expected to decline by 4.4% which could cause market valuations to fall.
Past Earnings Growth
- The earnings for companies in the Thrifts and Mortgage Finance industry have grown 24% per year over the last three years, while revenues have remained mostly flat.
- This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.
Industry Comparison
How does Australian Thrifts and Mortgage Finance compare with similar industries?
| AU Market | -1.30% | |
| Financials | 1.24% | |
| Mortgage Finance | -0.88% | |
| Thrifts and Mortgage Finance | -0.88% | |
Industry PEThere is insufficient data on the sub-industries of this industry.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| PPM Pepper Money | AU$1.83 | 1.7% +AU$13.2m | -24.1% | PB1.3x | |
| GMA Genworth Mortgage Insurance Australia | AU$3.00 | -1.0% AU$5.0m | 8.3% | PB0.8x | |
| YBR Yellow Brick Road Holdings | AU$0.10 | 3.1% +AU$973.7k | 7.5% | PB0.8x |