Australian (ASX) Thrifts and Mortgage Finance Industry Analysis
UpdatedJun 01, 2023
DataAggregated Company Financials
Companies3
- 7D-3.0%
- 3M-0.9%
- 1Y8.7%
- YTD20.5%
Over the last 7 days, the Thrifts and Mortgage Finance industry has dropped 3.2%, driven by Helia Group declining 3.2%. On the other hand Australian Finance Group is actually up 7.6%. Over the past 12 months, the industry was up 8.3%. Looking forward, earnings are forecast to decline by 17% per year.
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 | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 01 Jun 2023 | AU$1.1b | AU$630.6m | AU$186.1m | 2.9x | 5.9x | 1.7x |
| Sat, 29 Apr 2023 | AU$1.1b | AU$630.6m | AU$186.1m | 2.8x | 5.8x | 1.7x |
| Mon, 27 Mar 2023 | AU$1.0b | AU$630.6m | AU$186.1m | 2.6x | 5.4x | 1.6x |
| Wed, 22 Feb 2023 | AU$1.6b | AU$808.4m | AU$211.3m | 8x | 7.7x | 2x |
| Fri, 20 Jan 2023 | AU$1.7b | AU$808.4m | AU$211.3m | 8.3x | 8.1x | 2.1x |
| Sun, 18 Dec 2022 | AU$1.7b | AU$808.4m | AU$211.3m | 8x | 7.9x | 2.1x |
| Tue, 15 Nov 2022 | AU$1.7b | AU$808.4m | AU$211.3m | 8x | 8.2x | 2.1x |
| Thu, 13 Oct 2022 | AU$1.7b | AU$808.4m | AU$211.3m | 8.2x | 8.1x | 2.1x |
| Sat, 10 Sep 2022 | AU$1.8b | AU$808.4m | AU$211.3m | 8.4x | 8.3x | 2.2x |
| Mon, 08 Aug 2022 | AU$2.0b | AU$722.3m | AU$216.7m | 9.2x | 9x | 2.7x |
| Wed, 06 Jul 2022 | AU$1.6b | AU$819.8m | AU$257.2m | 7.5x | 6.4x | 2x |
| Fri, 03 Jun 2022 | AU$2.0b | AU$819.8m | AU$257.2m | 8.7x | 7.8x | 2.4x |
| Sun, 01 May 2022 | AU$2.1b | AU$819.8m | AU$257.2m | 8.9x | 8.1x | 2.5x |
| Tue, 29 Mar 2022 | AU$2.1b | AU$819.8m | AU$257.2m | 8.9x | 8.1x | 2.5x |
| Thu, 24 Feb 2022 | AU$2.1b | AU$773.8m | AU$109.4m | 13.4x | 18.9x | 2.7x |
| Sat, 22 Jan 2022 | AU$1.9b | AU$770.2m | AU$109.8m | 13.5x | 16.8x | 2.4x |
| Mon, 20 Dec 2021 | AU$1.8b | AU$770.2m | AU$109.8m | 13.1x | 16.7x | 2.4x |
| Wed, 17 Nov 2021 | AU$1.8b | AU$770.2m | AU$109.8m | 13.3x | 16.4x | 2.3x |
| Fri, 15 Oct 2021 | AU$1.8b | AU$770.2m | AU$109.8m | 13.5x | 16.4x | 2.3x |
| Sun, 12 Sep 2021 | AU$1.7b | AU$770.2m | AU$109.8m | 13.3x | 15.6x | 2.2x |
| Tue, 10 Aug 2021 | AU$1.8b | AU$770.2m | AU$109.8m | 13.1x | 16.1x | 2.3x |
| Mon, 03 May 2021 | AU$1.9b | AU$790.8m | AU$85.9m | 12.2x | 21.6x | 2.3x |
| Thu, 04 Feb 2021 | AU$1.7b | AU$799.6m | -AU$46,442,378.00 | 11.1x | -37.1x | 2.2x |
| Sun, 08 Nov 2020 | AU$1.3b | AU$761.8m | -AU$274,220.00 | 8.1x | -4822x | 1.7x |
| Sat, 01 Aug 2020 | AU$1.3b | AU$754.7m | -AU$2,934,062.00 | 10.4x | -434.5x | 1.7x |
Price to Earnings Ratio
-484x
Current Industry PE
- There are only 3 companies in the Australian Thrifts and Mortgage Finance industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
- Total earnings for the Thrifts and Mortgage Finance industry have gone up over the last three years and the industry is now profitable.
- Revenues have declined 6.6% per year.
- This means that less sales are being generated overall, but since the cost of doing business is lower, profits have been increasing.
Industry Comparison
How does Australian Thrifts and Mortgage Finance compare with similar industries?
| AU Market | -1.60% | |
| Financials | -2.47% | |
| Mortgage Finance | 0% | |
| Thrifts and Mortgage Finance | -3.02% | |
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 | |
|---|---|---|---|---|---|
| AFG Australian Finance Group | AU$1.70 | 7.6% +AU$32.4m | -11.7% | PE15x | |
| PPM Pepper Money | AU$1.30 | 5.3% +AU$28.6m | -30.5% | PE4.1x | |
| LFG Liberty Financial Group | AU$3.75 | 2.2% +AU$24.3m | -24.8% | PE5.5x | |
| RMC Resimac Group | AU$0.92 | 1.1% +AU$4.0m | -37.0% | PE4.2x | |
| YBR Yellow Brick Road Holdings | AU$0.07 | 7.7% +AU$1.6m | -30.0% | PS0.08x |