Mortgage Choice Limited provides mortgage broking services in Australia. More Details
Poor track record with worrying balance sheet.
Share Price & News
How has Mortgage Choice's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MOC is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 19% a week.
Volatility Over Time: MOC's weekly volatility has increased from 12% to 19% over the past year.
7 Day Return
1 Year Return
Return vs Industry: MOC exceeded the Australian Mortgage industry which returned 34.1% over the past year.
Return vs Market: MOC exceeded the Australian Market which returned 35.1% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Mortgage Choice's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StWhat Is The Ownership Structure Like For Mortgage Choice Limited (ASX:MOC)?
1 month ago | Simply Wall StIf You Had Bought Mortgage Choice (ASX:MOC) Stock A Year Ago, You Could Pocket A 103% Gain Today
2 months ago | Simply Wall StDon't Race Out To Buy Mortgage Choice Limited (ASX:MOC) Just Because It's Going Ex-Dividend
Is Mortgage Choice undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: MOC (A$1.93) is trading above our estimate of fair value (A$1.58)
Significantly Below Fair Value: MOC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MOC is poor value based on its PE Ratio (25.3x) compared to the Australian Mortgage industry average (13.2x).
PE vs Market: MOC is poor value based on its PE Ratio (25.3x) compared to the Australian market (20.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MOC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MOC is overvalued based on its PB Ratio (2.7x) compared to the AU Mortgage industry average (1x).
How is Mortgage Choice forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Banks industry annual growth in earnings
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if MOC's forecast earnings growth is above the savings rate (1.9%).
Earnings vs Market: Insufficient data to determine if MOC's earnings are forecast to grow faster than the Australian market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: Insufficient data to determine if MOC's revenue is forecast to grow faster than the Australian market.
High Growth Revenue: Insufficient data to determine if MOC's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if MOC's Return on Equity is forecast to be high in 3 years time
How has Mortgage Choice performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MOC has high quality earnings.
Growing Profit Margin: MOC's current net profit margins (5.1%) are lower than last year (6.6%).
Past Earnings Growth Analysis
Earnings Trend: MOC's earnings have declined by 21.7% per year over the past 5 years.
Accelerating Growth: MOC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MOC had negative earnings growth (-15.4%) over the past year, making it difficult to compare to the Mortgage industry average (15.2%).
Return on Equity
High ROE: MOC's Return on Equity (10.7%) is considered low.
How is Mortgage Choice's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: MOC's Assets to Equity ratio (4.6x) is low.
Allowance for Bad Loans: Insufficient data to determine if MOC has a sufficient allowance for bad loans.
Low Risk Liabilities: MOC reports no customer deposits, 100% of its liabilities are made up of higher risk sources of funding.
Loan Level: Insufficient data to determine if MOC has an appropriate level of Loans to Assets ratio.
Low Risk Deposits: MOC reports no customer deposits, loans are made up entirely of externally borrowed funds.
Level of Bad Loans: Insufficient data to determine if MOC has an appropriate level of bad loans.
What is Mortgage Choice current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MOC's dividend (4.15%) is higher than the bottom 25% of dividend payers in the Australian market (2.08%).
High Dividend: MOC's dividend (4.15%) is low compared to the top 25% of dividend payers in the Australian market (5.2%).
Stability and Growth of Payments
Stable Dividend: MOC's dividend payments have been volatile in the past 10 years.
Growing Dividend: MOC's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (98.2%), MOC's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ms. Susan R. Mitchell is the Chief Executive Officer at Mortgage Choice Limited since April 3, 2018 and was its acting Chief Financial Officer/Chief Financial Officer since February 27, 2009 until April 3,...
CEO Compensation Analysis
Compensation vs Market: Susan's total compensation ($USD805.08K) is above average for companies of similar size in the Australian market ($USD509.07K).
Compensation vs Earnings: Susan's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Experienced Management: MOC's management team is considered experienced (2.8 years average tenure).
Experienced Board: MOC's board of directors are considered experienced (3.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Mortgage Choice Limited's company bio, employee growth, exchange listings and data sources
- Name: Mortgage Choice Limited
- Ticker: MOC
- Exchange: ASX
- Founded: 1992
- Industry: Thrifts and Mortgage Finance
- Sector: Banks
- Market Cap: AU$239.733m
- Shares outstanding: 124.21m
- Website: https://www.mortgagechoice.com.au
- Mortgage Choice Limited
- 100 Pacific Highway
- Level 10
- North Sydney
- New South Wales
Mortgage Choice Limited provides mortgage broking services in Australia. It operates through two segments, Mortgage Choice Franchised Mortgage Broking and Mortgage Choice’s Financial Planning Arm. The comp...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/16 15:09|
|End of Day Share Price||2021/05/14 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.