Credit Corp Group (ASX:CCP) - Stock Price, News & Analysis

CCP Stock Overview

Engages in the provision of debt ledger purchase and collection, and consumer lending services in Australia, New Zealand, and the United States.

About the company

CCP fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	3/6
Past Performance	2/6
Financial Health	1/6
Dividends	1/6

Rewards

Trading at 41.5% below our estimate of its fair value

Earnings are forecast to grow 13.46% per year

Analysts in good agreement that stock price will rise by 33.7%

Risk Analysis

Debt is not well covered by operating cash flow

Profit margins (13.4%) are lower than last year (23.1%)

Credit Corp Group Limited Competitors

FleetPartners Group

ASX:FPR

AU$693.1m

Humm Group

ASX:HUM

AU$384.0m

Solvar

ASX:SVR

AU$250.6m

Cash Converters International

ASX:CCV

AU$137.3m

Price History & Performance

Summary of all time highs, changes and price drops for Credit Corp Group
Historical stock prices
Current Share Price	AU$15.14
52 Week High	AU$20.50
52 Week Low	AU$11.49
Beta	1.9
11 Month Change	-3.51%
3 Month Change	1.27%
1 Year Change	-25.75%
33 Year Change	-50.13%
5 Year Change	-48.52%
Change since IPO	2,928.00%

Recent updates

Credit Corp Group (ASX:CCP) Will Pay A Dividend Of A$0.23

Sep 10

Credit Corp Group's (ASX:CCP) Dividend Will Be A$0.23

Aug 19

Credit Corp Group (ASX:CCP) Has Announced A Dividend Of A$0.23

Aug 04

Credit Corp Group Limited (ASX:CCP) Surges 26% Yet Its Low P/E Is No Reason For Excitement

Dec 24

Credit Corp Group (ASX:CCP) Has Affirmed Its Dividend Of A$0.36

Aug 30

Credit Corp Group (ASX:CCP) Has Announced A Dividend Of A$0.36

Aug 04

Credit Corp Group's (ASX:CCP) Upcoming Dividend Will Be Larger Than Last Year's

Feb 24

Dividend Investors: Don't Be Too Quick To Buy Credit Corp Group Limited (ASX:CCP) For Its Upcoming Dividend

Feb 24

How Does Credit Corp Group Limited (ASX:CCP) Fare As A Dividend Stock?

Feb 03

Shareholder Returns

	CCP	AU Consumer Finance	AU Market
7D	0.7%	4.4%	1.7%
1Y	-25.7%	59.3%	12.4%

Return vs Industry: CCP underperformed the Australian Consumer Finance industry which returned 59.3% over the past year.

Return vs Market: CCP underperformed the Australian Market which returned 12.4% over the past year.

Price Volatility

Is CCP's price volatile compared to industry and market?
CCP volatility
CCP Average Weekly Movement	6.3%
Consumer Finance Industry Average Movement	7.4%
Market Average Movement	8.5%
10% most volatile stocks in AU Market	16.8%
10% least volatile stocks in AU Market	3.5%

Stable Share Price: CCP has not had significant price volatility in the past 3 months.

Volatility Over Time: CCP's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1985	2,231	Thomas Beregi	www.creditcorpgroup.com.au

Credit Corp Group Limited engages in the provision of debt ledger purchase and collection, and consumer lending services in Australia, New Zealand, and the United States. It operates through three segments: Debt Ledger Purchasing – Australia and New Zealand; Debt Ledger Purchasing – United States; and Consumer Lending – Australia, New Zealand and the United States. 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 Limited Fundamentals Summary

How do Credit Corp Group's earnings and revenue compare to its market cap?
CCP fundamental statistics
Market cap	AU$1.02b
Earnings (TTM)	AU$50.71m
Revenue (TTM)	AU$377.78m

20.3x

P/E Ratio

2.7x

P/S Ratio

Is CCP overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CCP income statement (TTM)
Revenue	AU$377.78m
Cost of Revenue	AU$48.77m
Gross Profit	AU$329.02m
Other Expenses	AU$278.31m
Earnings	AU$50.71m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.74
Gross Margin	87.09%
Net Profit Margin	13.42%
Debt/Equity Ratio	46.6%

How did CCP perform over the long term?

See historical performance and comparison

Dividends

2.5%

Current Dividend Yield

51%

Payout Ratio

CCP Stock Overview

Rewards

Risk Analysis

Credit Corp Group Limited Competitors

ASX:FPR

AU$693.1m

ASX:HUM

AU$384.0m

ASX:SVR

AU$250.6m

ASX:CCV

AU$137.3m

Price History & Performance

Recent News & Updates

Credit Corp Group (ASX:CCP) Will Pay A Dividend Of A$0.23

Credit Corp Group Limited Announces the Appointment of Sarah Brennan as Non-Executive Director

Upcoming dividend of AU$0.23 per share

Credit Corp Group's (ASX:CCP) Dividend Will Be A$0.23

Credit Corp Group (ASX:CCP) Has Announced A Dividend Of A$0.23

Final dividend of AU$0.23 announced

Recent updates

Credit Corp Group (ASX:CCP) Will Pay A Dividend Of A$0.23

Credit Corp Group Limited Announces the Appointment of Sarah Brennan as Non-Executive Director

Upcoming dividend of AU$0.23 per share

Credit Corp Group's (ASX:CCP) Dividend Will Be A$0.23

Credit Corp Group (ASX:CCP) Has Announced A Dividend Of A$0.23

Final dividend of AU$0.23 announced

Now 24% undervalued

Upcoming dividend of AU$0.15 per share

Now 20% undervalued

Now 21% undervalued

Now 21% undervalued

First half dividend of AU$0.15 announced

Price target increased by 7.1% to AU$18.59

Credit Corp Group Limited (ASX:CCP) Surges 26% Yet Its Low P/E Is No Reason For Excitement

Credit Corp Group Limited to Report First Half, 2024 Results on Jan 31, 2024

Independent Non-Executive Director recently bought AU$113k worth of stock

Consensus EPS estimates fall by 23%

Price target decreased by 13% to AU$20.69

Credit Corp. Group Limited Revises Earnings Guidance for the Year 2024

Credit Corp. Group Limited Revises Earnings Guidance for the Year 2024

Investor sentiment deteriorates as stock falls 34%

Credit Corp Group Limited Announces Retirement of Leslie Martin as Non-Executive Director on October 24, 2023

Credit Corp Group Limited Announces Retirement of Leslie Martin as Non-Executive Director on October 24, 2023

Upcoming dividend of AU$0.47 per share at 3.3% yield

Investor sentiment deteriorates as stock falls 16%

Credit Corp Group Limited Announces Dividend for the Six Months Ended June 30, 2023, Payable on September 29, 2023

Now 21% undervalued after recent price drop

Credit Corp Group Limited Announces Cessation of Richard Thomas as Director

High number of new directors

Now 21% undervalued after recent price drop

Now 21% undervalued after recent price drop

Investor sentiment deteriorates as stock falls 15%

Now 21% undervalued after recent price drop

Upcoming dividend of AU$0.23 per share at 3.2% yield

Credit Corp Group Limited Provides Earnings Guidance for the Fiscal Year 2023

Now 21% undervalued

Credit Corp Group Limited Appoints Lyn McGrath as Non-Executive Director

Credit Corp Group Limited, Annual General Meeting, Oct 24, 2023

Now 22% undervalued after recent price drop

Credit Corp Group (ASX:CCP) Has Affirmed Its Dividend Of A$0.36

Credit Corp Group Limited (ASX:CCP) entered into a binding agreement to acquire Collection House Limited (ASX:CLH) for AUD 11 million.

Upcoming dividend of AU$0.36 per share

Now 24% undervalued after recent price drop

Consensus EPS estimates fall by 11%

Credit Corp Group (ASX:CCP) Has Announced A Dividend Of A$0.36

Price target decreased to AU$29.76

Credit Corp. Group Limited Announces Ordinary Fully Paid Dividend for the Period of Six Months Ended June 30, 2022 Payable Date Is September 12, 2022

Price target decreased to AU$32.38

Price target decreased to AU$32.33

Independent Non Executive Director recently bought AU$50k worth of stock

Now 20% undervalued after recent price drop

Credit Corp Group Limited (ASX:CCP) completed the acquisition of New Zealand Ledger Book from Collection House Limited (ASX:CLH) for approximately AUD 12 million.

Now 21% undervalued after recent price drop

Credit Corp Group Limited (ASX:CCP) entered into a binding agreement to acquire New Zealand Ledger Book from Collection House Limited (ASX:CLH) for approximately AUD 12 million.

Credit Corp Group Limited (ASX:CCP) entered into a binding agreement to acquire New Zealand Ledger Book from Collection House Limited (ASX:CLH) for approximately AUD 12 million.

Credit Corp Group's (ASX:CCP) Upcoming Dividend Will Be Larger Than Last Year's

Upcoming dividend of AU$0.38 per share

Credit Corp. Group Limited Announces Ordinary Fully Franked Dividend for the Period of Six Months Ended December 31, 2021, Payable on March 11, 2022

Credit Corp Group Limited (ASX:CCP) completed the acquisition of Assets of the Radio Rentals appliance leasing business from Thorn Group Limited (ASX:TGA).