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RMC

Resimac Group ASX:RMC Stock Report

Last Price

AU$1.29

Market Cap

AU$519.4m

7D

-1.2%

1Y

-32.7%

Updated

28 Jan, 2023

Data

Company Financials +

RMC Stock Overview

Resimac Group Limited, a non-bank financial institution, provides residential mortgage and asset finance lending solutions in Australia and New Zealand.

RMC fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance2/6
Financial Health0/6
Dividends3/6

My Notes

New

Notes are coming soon

Resimac Group Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Resimac Group
Historical stock prices
Current Share PriceAU$1.29
52 Week HighAU$2.05
52 Week LowAU$0.88
Beta1.96
1 Month Change24.76%
3 Month Change42.78%
1 Year Change-32.72%
3 Year Change-4.46%
5 Year Change114.17%
Change since IPO192.05%

Recent News & Updates

Recent updates

Here's Why I Think Resimac Group (ASX:RMC) Is An Interesting Stock

Dec 13
Here's Why I Think Resimac Group (ASX:RMC) Is An Interesting Stock

Resimac Group's (ASX:RMC) Upcoming Dividend Will Be Larger Than Last Year's

Sep 02
Resimac Group's (ASX:RMC) Upcoming Dividend Will Be Larger Than Last Year's

Is Resimac Group Limited (ASX:RMC) A Good Fit For Your Dividend Portfolio?

Apr 01
Is Resimac Group Limited (ASX:RMC) A Good Fit For Your Dividend Portfolio?

Is Now The Time To Put Resimac Group (ASX:RMC) On Your Watchlist?

Mar 06
Is Now The Time To Put Resimac Group (ASX:RMC) On Your Watchlist?

Shareholders of Resimac Group (ASX:RMC) Must Be Delighted With Their 355% Total Return

Feb 07
Shareholders of Resimac Group (ASX:RMC) Must Be Delighted With Their 355% Total Return

Do Insiders Own Lots Of Shares In Resimac Group Limited (ASX:RMC)?

Jan 10
Do Insiders Own Lots Of Shares In Resimac Group Limited (ASX:RMC)?

Here's What You Should Know About Resimac Group Limited's (ASX:RMC) 1.9% Dividend Yield

Dec 13
Here's What You Should Know About Resimac Group Limited's (ASX:RMC) 1.9% Dividend Yield

Did Business Growth Power Resimac Group's (ASX:RMC) Share Price Gain of 102%?

Aug 10
Did Business Growth Power Resimac Group's (ASX:RMC) Share Price Gain of 102%?

Here's Why I Think Resimac Group (ASX:RMC) Might Deserve Your Attention Today

Jul 13
Here's Why I Think Resimac Group (ASX:RMC) Might Deserve Your Attention Today

Shareholder Returns

RMCAU MortgageAU Market
7D-1.2%1.1%0.6%
1Y-32.7%-2.2%3.5%

Return vs Industry: RMC underperformed the Australian Mortgage industry which returned -2.2% over the past year.

Return vs Market: RMC underperformed the Australian Market which returned 3.5% over the past year.

Price Volatility

Is RMC's price volatile compared to industry and market?
RMC volatility
RMC Average Weekly Movement6.9%
Mortgage Industry Average Movement4.1%
Market Average Movement8.5%
10% most volatile stocks in AU Market15.7%
10% least volatile stocks in AU Market3.5%

Stable Share Price: RMC is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: RMC's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1985n/aScott McWilliamhttps://www.resimac.com.au

Resimac Group Limited, a non-bank financial institution, provides residential mortgage and asset finance lending solutions in Australia and New Zealand. The company operates in two segments, Australian Lending Business and New Zealand Lending Business. It offers prime and specialist lending products; SME/commercial finance products; and home and car loans.

Resimac Group Limited Fundamentals Summary

How do Resimac Group's earnings and revenue compare to its market cap?
RMC fundamental statistics
Market CapAU$519.44m
Earnings (TTM)AU$102.15m
Revenue (TTM)AU$263.37m

5.1x

P/E Ratio

1.4x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
RMC income statement (TTM)
RevenueAU$263.37m
Cost of RevenueAU$40.48m
Gross ProfitAU$222.90m
Other ExpensesAU$120.75m
EarningsAU$102.15m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.25
Gross Margin84.63%
Net Profit Margin38.78%
Debt/Equity Ratio4,308.4%

How did RMC perform over the long term?

See historical performance and comparison

Dividends

6.2%

Current Dividend Yield

32%

Payout Ratio