These Factors Make Credit Corp Group Limited (ASX:CCP) An Interesting Investment

I’ve been keeping an eye on Credit Corp Group Limited (ASX:CCP) because I’m attracted to its fundamentals. Looking at the company as a whole, as a potential stock investment, I believe CCP has a lot to offer. Basically, it is a company with a a strong track record of dividend payments as well as a buoyant growth outlook. In the following section, I expand a bit more on these key aspects. If you’re interested in understanding beyond my broad commentary, read the full report on Credit Corp Group here.

Established dividend payer with reasonable growth potential

CCP’s cash-generating ability is outstanding, with analysts expecting its operating cash flows to more than double in the upcoming year. This underlies the notable 22% return on equity over the next few years leading up to 2022.

ASX:CCP Past and Future Earnings, March 31st 2019
ASX:CCP Past and Future Earnings, March 31st 2019

CCP is also a dividend company, with ample net income to cover its dividend payout, which has been consistently growing over the past decade, keeping income investors happy.

ASX:CCP Historical Dividend Yield, March 31st 2019
ASX:CCP Historical Dividend Yield, March 31st 2019

Next Steps:

For Credit Corp Group, there are three relevant aspects you should look at:

  1. Historical Performance: What has CCP’s returns been like over the past? Go into more detail in the past track record analysis and take a look at the free visual representations of our analysis for more clarity.
  2. Valuation: What is CCP worth today? Is the stock undervalued, even when its growth outlook is factored into its intrinsic value? The intrinsic value infographic in our free research report helps visualize whether CCP is currently mispriced by the market.
  3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of CCP? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.