Credit Corp Group Limited provides debt purchase and collection, and consumer lending services in Australia and the United States. More Details
Excellent balance sheet with reasonable growth potential.
Share Price & News
How has Credit Corp Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CCP has not had significant price volatility in the past 3 months.
7 Day Return
AU Consumer Finance
1 Year Return
AU Consumer Finance
Return vs Industry: CCP underperformed the Australian Consumer Finance industry which returned -1.8% over the past year.
Return vs Market: CCP underperformed the Australian Market which returned -6.2% over the past year.
Price Volatility Vs. Market
How volatile is Credit Corp Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 months ago | Simply Wall StCould The Credit Corp Group Limited (ASX:CCP) Ownership Structure Tell Us Something Useful?
4 months ago | Simply Wall StHow Much Are Credit Corp Group Limited (ASX:CCP) Insiders Taking Off The Table?
7 months ago | Simply Wall StShould We Worry About Credit Corp Group Limited's (ASX:CCP) P/E Ratio?
Is Credit Corp Group 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: CCP (A$20.44) is trading above our estimate of fair value (A$12.79)
Significantly Below Fair Value: CCP is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CCP is poor value based on its PE Ratio (80.2x) compared to the AU Consumer Finance industry average (23.1x).
PE vs Market: CCP is poor value based on its PE Ratio (80.2x) compared to the Australian market (21.4x).
Price to Earnings Growth Ratio
PEG Ratio: CCP is poor value based on its PEG Ratio (3x)
Price to Book Ratio
PB vs Industry: CCP's PB Ratio (2.3x) is in line with the AU Consumer Finance industry average.
How is Credit Corp Group forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CCP's forecast earnings growth (27.1% per year) is above the savings rate (2.3%).
Earnings vs Market: CCP's earnings (27.1% per year) are forecast to grow faster than the Australian market (17.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: CCP's revenue (12% per year) is forecast to grow faster than the Australian market (4.6% per year).
High Growth Revenue: CCP's revenue (12% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CCP's Return on Equity is forecast to be low in 3 years time (13.7%).
How has Credit Corp Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CCP has high quality earnings.
Growing Profit Margin: CCP's current net profit margins (6%) are lower than last year (25.7%).
Past Earnings Growth Analysis
Earnings Trend: CCP's earnings have grown by 6.9% per year over the past 5 years.
Accelerating Growth: CCP's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CCP had negative earnings growth (-78%) over the past year, making it difficult to compare to the Consumer Finance industry average (-5.1%).
Return on Equity
High ROE: CCP's Return on Equity (2.6%) is considered low.
How is Credit Corp Group's financial position?
Financial Position Analysis
Short Term Liabilities: CCP's short term assets (A$200.6M) exceed its short term liabilities (A$66.5M).
Long Term Liabilities: CCP's short term assets (A$200.6M) exceed its long term liabilities (A$61.9M).
Debt to Equity History and Analysis
Debt Level: CCP's debt to equity ratio (3.8%) is considered satisfactory.
Reducing Debt: CCP's debt to equity ratio has reduced from 36.2% to 3.8% over the past 5 years.
Debt Coverage: CCP's debt is well covered by operating cash flow (515.8%).
Interest Coverage: Insufficient data to determine if CCP's interest payments on its debt are well covered by EBIT.
What is Credit Corp Group current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CCP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CCP's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CCP's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CCP's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: CCP is not paying a notable dividend for the Australian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CCP's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Thomas Beregi, BEc, LLB(Hons), CPA, has been the Chief Executive Officer of Credit Corp Group Limited since October 1, 2008 and has been its Company Secretary since September 21, 2007. Mr. Beregi serve ...
CEO Compensation Analysis
Compensation vs Market: Thomas's total compensation ($USD473.17K) is below average for companies of similar size in the Australian market ($USD924.55K).
Compensation vs Earnings: Thomas's compensation has been consistent with company performance over the past year.
|CEO & Company Secretary||12yrs||AU$665.47k||0.061% |
|CFO & Company Secretary||9.92yrs||AU$308.73k||0% |
|Chief Operating Officer||14.75yrs||AU$401.24k||0.00059% |
|Chief Information Officer||no data||no data||no data|
|Head of Legal Compliance & Operational Strategy||no data||no data||no data|
|Head of Marketing & Product Development||no data||no data||no data|
|Head of Human Resources||no data||no data||no data|
|Head of Collections||no data||no data||no data|
|Head of Client Services||no data||no data||no data|
|Head of Analytics||no data||no data||no data|
|Head of Collections – USA||no data||no data||no data|
|Head of Contingent Collections||no data||no data||no data|
Experienced Management: CCP's management team is seasoned and experienced (12 years average tenure).
|Independent Non-Executive Director||11.25yrs||AU$118.77k||0.010% |
|Independent Non-Executive Director||14.08yrs||AU$108.87k||0.026% |
|Independent Non-Executive Chairman||12.33yrs||AU$237.29k||0.50% |
|Independent Non Executive Director||1.08yrs||AU$82.19k||0.0089% |
|Independent Non-Executive Director||6.58yrs||AU$108.87k||0.016% |
|Independent Non Executive Director||1.08yrs||AU$76.56k||0.013% |
Experienced Board: CCP's board of directors are considered experienced (8.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CCP insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 22.6%.
Credit Corp Group Limited's company bio, employee growth, exchange listings and data sources
- Name: Credit Corp Group Limited
- Ticker: CCP
- Exchange: ASX
- Founded: 1992
- Industry: Consumer Finance
- Sector: Diversified Financials
- Market Cap: AU$1.415b
- Shares outstanding: 67.32m
- Website: https://www.creditcorp.com.au
Number of Employees
- Credit Corp Group Limited
- 201 Kent Street
- Level 15
- New South Wales
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CCP||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Sep 2000|
|CCP||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Sep 2000|
|2RC||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Sep 2000|
Credit Corp Group Limited provides debt purchase and collection, and consumer lending services in Australia and the United States. It operates through three segments: Debt Ledger Purchasing – Australia and ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/23 10:37|
|End of Day Share Price||2020/10/23 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.