GMA Stock Overview
Genworth Mortgage Insurance Australia Limited, together with its subsidiaries, engages in the loan mortgage insurance business in Australia.
Genworth Mortgage Insurance Australia Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$2.96|
|52 Week High||AU$3.19|
|52 Week Low||AU$1.98|
|1 Month Change||-2.63%|
|3 Month Change||1.02%|
|1 Year Change||4.23%|
|3 Year Change||9.63%|
|5 Year Change||4.97%|
|Change since IPO||-15.59%|
Recent News & Updates
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...
|GMA||AU Mortgage||AU Market|
Return vs Industry: GMA exceeded the Australian Mortgage industry which returned 3.2% over the past year.
Return vs Market: GMA exceeded the Australian Market which returned -1.1% over the past year.
|GMA Average Weekly Movement||4.8%|
|Mortgage Industry Average Movement||4.4%|
|Market Average Movement||9.3%|
|10% most volatile stocks in AU Market||16.4%|
|10% least volatile stocks in AU Market||4.2%|
Stable Share Price: GMA is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: GMA's weekly volatility (5%) has been stable over the past year.
About the Company
Genworth Mortgage Insurance Australia Limited, together with its subsidiaries, engages in the loan mortgage insurance business in Australia. The company facilitates residential mortgage lending by transferring risk from lenders to lenders mortgage insurance (LMI) providers, primarily for high loan to value ratio residential mortgage loans. It offers LMI through flow and portfolio basis.
Genworth Mortgage Insurance Australia Fundamentals Summary
|GMA fundamental statistics|
Is GMA overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|GMA income statement (TTM)|
|Cost of Revenue||AU$75.92m|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
|Earnings per share (EPS)||0.49|
|Net Profit Margin||53.57%|
How did GMA perform over the long term?See historical performance and comparison
5.7%Current Dividend Yield
How is Genworth Mortgage Insurance Australia forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Future Growth Score1/6
Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GMA's earnings are forecast to decline over the next 3 years (-11.2% per year).
Earnings vs Market: GMA's earnings are forecast to decline over the next 3 years (-11.2% per year).
High Growth Earnings: GMA's earnings are forecast to decline over the next 3 years.
Revenue vs Market: GMA's revenue (6.7% per year) is forecast to grow faster than the Australian market (4.9% per year).
High Growth Revenue: GMA's revenue (6.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: GMA's Return on Equity is forecast to be low in 3 years time (8.4%).
How has Genworth Mortgage Insurance Australia performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GMA has high quality earnings.
Growing Profit Margin: GMA became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: GMA's earnings have declined by 28.9% per year over the past 5 years.
Accelerating Growth: GMA has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: GMA has become profitable in the last year, making it difficult to compare its past year earnings growth to the Mortgage industry (9.4%).
Return on Equity
High ROE: GMA's Return on Equity (12.4%) is considered low.
How is Genworth Mortgage Insurance Australia's financial position? (This company is analysed differently as a bank or financial institution)
Financial Health Score1/6
Financial Health Score 1/6
Allowance for Bad Loans
Low Risk Liabilities
Low Risk Deposits
Level of Bad Loans
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: GMA's Assets to Equity ratio (2.5x) is low.
Allowance for Bad Loans: Insufficient data to determine if GMA has a sufficient allowance for bad loans.
Low Risk Liabilities: GMA reports no customer deposits, 100% of its liabilities are made up of higher risk sources of funding.
Loan Level: Insufficient data to determine if GMA has an appropriate level of Loans to Assets ratio.
Low Risk Deposits: GMA reports no customer deposits, loans are made up entirely of externally borrowed funds.
Level of Bad Loans: Insufficient data to determine if GMA has an appropriate level of bad loans.
What is Genworth Mortgage Insurance Australia current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: GMA's dividend (5.74%) is higher than the bottom 25% of dividend payers in the Australian market (2.6%).
High Dividend: GMA's dividend (5.74%) is low compared to the top 25% of dividend payers in the Australian market (6.23%).
Stability and Growth of Payments
Stable Dividend: GMA has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: GMA's dividend payments have increased, but the company has only paid a dividend for 8 years.
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.4%), GMA's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: GMA's dividends in 3 years are forecast to be covered by earnings (64.5% payout ratio).
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ms. Pauline Blight-Johnston has been Chief Executive Officer, Managing Director and Director of Genworth Mortgage Insurance Australia Ltd. since March 2, 2020. She serves as the Partner, Actuarial and Fina...
CEO Compensation Analysis
Compensation vs Market: Pauline's total compensation ($USD1.39M) is above average for companies of similar size in the Australian market ($USD1.03M).
Compensation vs Earnings: Pauline's compensation has been consistent with company performance over the past year.
Experienced Management: GMA's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Experienced Board: GMA's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: GMA insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Genworth Mortgage Insurance Australia Limited's employee growth, exchange listings and data sources
- Name: Genworth Mortgage Insurance Australia Limited
- Ticker: GMA
- Exchange: ASX
- Founded: 1965
- Industry: Thrifts and Mortgage Finance
- Sector: Banks
- Implied Market Cap: AU$1.163b
- Shares outstanding: 390.13m
- Website: https://www.genworth.com.au
Number of Employees
- Genworth Mortgage Insurance Australia Limited
- 101 Miller Street
- Level 26
- North Sydney
- New South Wales
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/26 00:00|
|End of Day Share Price||2022/05/26 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.