Australian (ASX) Thrifts and Mortgage Finance Industry Analysis
UpdatedApr 12, 2024
DataAggregated Company Financials
Companies1
- 7D0.3%
- 3M-12.6%
- 1Y24.4%
- YTDn/a
In the last week, the Thrifts and Mortgage Finance industry is up 6.0%, with Helia Group up 6.0%. During this same period, the Resimac Group underperformed, falling 5.9%. In the last 12 months, the industry was up 36%. In the next few years, earnings are forecast to decline by 23% 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 | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 12 Apr 2024 | AU$1.1b | AU$525.1m | AU$275.1m | 4.1x | 4.1x | 2.2x |
| Sun, 10 Mar 2024 | AU$1.1b | AU$528.7m | AU$275.1m | 4.1x | 4.1x | 2.2x |
| Tue, 06 Feb 2024 | AU$1.5b | AU$565.7m | AU$276.5m | 5.2x | 5.2x | 2.6x |
| Thu, 04 Jan 2024 | AU$1.3b | AU$758.6m | AU$276.2m | 2.4x | 4.8x | 1.8x |
| Sat, 02 Dec 2023 | AU$1.3b | AU$758.6m | AU$276.2m | 2.3x | 4.6x | 1.7x |
| Mon, 30 Oct 2023 | AU$1.1b | AU$758.6m | AU$276.2m | 2x | 4.1x | 1.5x |
| Wed, 27 Sep 2023 | AU$1.1b | AU$758.6m | AU$276.2m | 2x | 4.1x | 1.5x |
| Fri, 25 Aug 2023 | AU$1.2b | AU$853.2m | AU$275.8m | 2.2x | 4.4x | 1.4x |
| Sun, 23 Jul 2023 | AU$1.2b | AU$630.6m | AU$186.1m | 3.2x | 6.4x | 1.9x |
| Tue, 20 Jun 2023 | AU$1.0b | AU$630.6m | AU$186.1m | 2.8x | 5.6x | 1.7x |
| Thu, 18 May 2023 | AU$1.1b | AU$630.6m | AU$186.1m | 3x | 6.1x | 1.8x |
| Sat, 15 Apr 2023 | AU$1.1b | AU$630.6m | AU$186.1m | 2.8x | 5.8x | 1.7x |
| Mon, 13 Mar 2023 | AU$1.7b | AU$880.1m | AU$248.1m | 7.4x | 6.8x | 1.9x |
| Wed, 08 Feb 2023 | AU$1.7b | AU$808.4m | AU$211.3m | 8.3x | 8x | 2.1x |
| Fri, 06 Jan 2023 | AU$1.7b | AU$808.4m | AU$211.3m | 8.4x | 8.1x | 2.1x |
| Sun, 04 Dec 2022 | AU$1.7b | AU$808.4m | AU$211.3m | 8.2x | 8x | 2.1x |
| Tue, 01 Nov 2022 | AU$1.7b | AU$808.4m | AU$211.3m | 8.1x | 8.1x | 2.1x |
| Thu, 29 Sep 2022 | AU$1.7b | AU$808.4m | AU$211.3m | 7.8x | 8x | 2.1x |
| Sat, 27 Aug 2022 | AU$1.8b | AU$720.4m | AU$212.8m | 9.1x | 8.7x | 2.6x |
| Mon, 25 Jul 2022 | AU$1.8b | AU$819.8m | AU$257.2m | 8.2x | 7.1x | 2.2x |
| Wed, 22 Jun 2022 | AU$1.6b | AU$819.8m | AU$257.2m | 7.8x | 6.3x | 2x |
| Fri, 20 May 2022 | AU$2.0b | AU$819.8m | AU$257.2m | 8.9x | 7.9x | 2.5x |
| Sun, 17 Apr 2022 | AU$2.1b | AU$819.8m | AU$257.2m | 8.9x | 8x | 2.5x |
| Tue, 15 Mar 2022 | AU$2.0b | AU$817.3m | AU$253.9m | 8.5x | 7.9x | 2.5x |
| Thu, 10 Feb 2022 | AU$2.0b | AU$770.2m | AU$109.8m | 13.5x | 17.9x | 2.6x |
| Sat, 08 Jan 2022 | AU$1.9b | AU$770.2m | AU$109.8m | 13.3x | 16.9x | 2.4x |
| Mon, 06 Dec 2021 | AU$1.7b | AU$770.2m | AU$109.8m | 12.4x | 15.8x | 2.3x |
| Wed, 03 Nov 2021 | AU$1.8b | AU$770.2m | AU$109.8m | 2x | 16.8x | 2.4x |
| Fri, 01 Oct 2021 | AU$1.8b | AU$770.2m | AU$109.8m | 12.9x | 16x | 2.3x |
| Sun, 29 Aug 2021 | AU$1.8b | AU$770.2m | AU$109.8m | 13.6x | 16.5x | 2.4x |
| Mon, 05 Jul 2021 | AU$1.7b | AU$770.2m | AU$109.8m | 12.5x | 15.7x | 2.2x |
Price to Earnings Ratio
21.6x
Current Industry PE
- There is only one company 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
- The earnings for companies in the Thrifts and Mortgage Finance industry have grown 47% per year over the last three years.
- Meanwhile revenues for these companies have declined 13% per year.
- This means that less sales are being generated overall, but since 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 | -0.12% | |
| Financials | -0.94% | |
| Mortgage Finance | 0% | |
| Thrifts and Mortgage Finance | 0.26% | |
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 | |
|---|---|---|---|---|---|
| No data available | |||||