Credit Corp Group Limited provides debt purchase and collection, and consumer lending services in Australia and the United States.
Credit Corp Group Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$32.43|
|52 Week High||AU$17.62|
|52 Week Low||AU$34.48|
|1 Month Change||7.74%|
|3 Month Change||13.67%|
|1 Year Change||54.28%|
|3 Year Change||73.05%|
|5 Year Change||81.68%|
|Change since IPO||6,386.00%|
Recent News & Updates
Dividend Investors: Don't Be Too Quick To Buy Credit Corp Group Limited (ASX:CCP) For Its Upcoming Dividend
Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see Credit Corp...
|CCP||AU Consumer Finance||AU Market|
Return vs Industry: CCP exceeded the Australian Consumer Finance industry which returned 12.5% over the past year.
Return vs Market: CCP exceeded the Australian Market which returned 20.2% over the past year.
Stable Share Price: CCP is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: CCP's weekly volatility (4%) has been stable over the past year.
About the Company
Credit Corp Group Limited provides debt purchase and collection, and consumer lending services in Australia and the United States. The company operates through three segments: Debt Ledger Purchasing – Australia and New Zealand, Debt Ledger Purchasing – United States, and Consumer Lending – Australia and New Zealand. The company offers debt sale, contingency and agency collection, local government debt recovery, and hardship and insolvency management services, as well as various loan products.
Credit Corp Group Fundamentals Summary
|CCP fundamental statistics|
Is CCP overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CCP income statement (TTM)|
|Cost of Revenue||AU$29.70m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||1.31|
|Net Profit Margin||26.23%|
How did CCP perform over the long term?See historical performance and comparison
2.2%Current Dividend Yield
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$32.43) is trading above our estimate of fair value (A$31.39)
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 (24.8x) compared to the Australian Consumer Finance industry average (14.3x).
PE vs Market: CCP is poor value based on its PE Ratio (24.8x) compared to the Australian market (19.7x).
Price to Earnings Growth Ratio
PEG Ratio: CCP is poor value based on its PEG Ratio (2.4x)
Price to Book Ratio
PB vs Industry: CCP is overvalued based on its PB Ratio (3.3x) compared to the AU Consumer Finance industry average (1.9x).
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 (10.1% per year) is above the savings rate (1.9%).
Earnings vs Market: CCP's earnings (10.1% per year) are forecast to grow slower than the Australian market (11.9% per year).
High Growth Earnings: CCP's earnings are forecast to grow, but not significantly.
Revenue vs Market: CCP's revenue (11.7% per year) is forecast to grow faster than the Australian market (5.4% per year).
High Growth Revenue: CCP's revenue (11.7% 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 (15.2%).
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 (26.2%) are higher than last year (6%).
Past Earnings Growth Analysis
Earnings Trend: CCP's earnings have declined by 2% per year over the past 5 years.
Accelerating Growth: CCP's earnings growth over the past year (470.3%) exceeds its 5-year average (-2% per year).
Earnings vs Industry: CCP earnings growth over the past year (470.3%) exceeded the Consumer Finance industry 171.9%.
Return on Equity
High ROE: CCP's Return on Equity (13.2%) is considered low.
How is Credit Corp Group's financial position?
Financial Position Analysis
Short Term Liabilities: CCP's short term assets (A$217.1M) exceed its short term liabilities (A$73.5M).
Long Term Liabilities: CCP's short term assets (A$217.1M) exceed its long term liabilities (A$40.6M).
Debt to Equity History and Analysis
Debt Level: CCP's debt to equity ratio (0.5%) is considered satisfactory.
Reducing Debt: CCP's debt to equity ratio has reduced from 66.7% to 0.5% over the past 5 years.
Debt Coverage: CCP's debt is well covered by operating cash flow (1877.1%).
Interest Coverage: Insufficient data to determine if CCP's interest payments on its debt are well covered by EBIT.
What is Credit Corp Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CCP's dividend (2.22%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.27%).
High Dividend: CCP's dividend (2.22%) is low compared to the top 25% of dividend payers in the Australian market (5.33%).
Stability and Growth of Payments
Stable Dividend: CCP's dividend payments have been volatile in the past 10 years.
Growing Dividend: CCP's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (55%), CCP's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CCP's dividends in 3 years are forecast to be covered by earnings (50.5% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Thomas Beregi, BEc, LLB(Hons), CPA, has been the Chief Executive Officer of Credit Corp Group Limited since October 1, 2008 and has been its Company Secretary since September 21, 2007. Mr. Beregi serve...
CEO Compensation Analysis
Compensation vs Market: Thomas's total compensation ($USD1.87M) is above average for companies of similar size in the Australian market ($USD1.40M).
Compensation vs Earnings: Thomas's compensation has increased by more than 20% in the past year.
Experienced Management: CCP's management team is seasoned and experienced (13 years average tenure).
Experienced Board: CCP's board of directors are considered experienced (4.8 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.
Credit Corp Group Limited's 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$2.183b
- 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
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/20 15:20|
|End of Day Share Price||2021/10/20 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.