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CCV

Cash Converters InternationalASX:CCV Stock Report

Market Cap

AU$163.2m

7D

0%

1Y

34.2%

Updated

20 Oct, 2021

Data

Company Financials
CCV fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance2/6
Financial Health4/6
Dividends3/6

CCV Overview

Cash Converters International Limited operates as a franchisor of second-hand goods and financial services stores under the Cash Converters brand name.

Cash Converters International Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Cash Converters International
Historical stock prices
Current Share PriceAU$0.26
52 Week HighAU$0.18
52 Week LowAU$0.29
Beta0.99
1 Month Change-1.92%
3 Month Change8.51%
1 Year Change34.21%
3 Year Change-8.93%
5 Year Change-22.73%
Change since IPO-56.03%

Recent News & Updates

Mar 19
Only Four Days Left To Cash In On Cash Converters International's (ASX:CCV) Dividend

Only Four Days Left To Cash In On Cash Converters International's (ASX:CCV) Dividend

Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be...

Mar 02
How Does Cash Converters International Limited (ASX:CCV) Fare As A Dividend Stock?

How Does Cash Converters International Limited (ASX:CCV) Fare As A Dividend Stock?

Today we'll take a closer look at Cash Converters International Limited ( ASX:CCV ) from a dividend investor's...

Shareholder Returns

CCVAU Consumer FinanceAU Market
7D0%4.1%1.7%
1Y34.2%12.5%20.2%

Return vs Industry: CCV exceeded the Australian Consumer Finance industry which returned 12.5% over the past year.

Return vs Market: CCV exceeded the Australian Market which returned 20.2% over the past year.

Price Volatility

Is CCV's price volatile compared to industry and market?
CCV volatility
CCV Beta0.99
Industry Beta1.97
Market Beta1

Stable Share Price: CCV is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: CCV's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1984n/aSam Budiselikhttps://www.cashconverters.com

Cash Converters International Limited operates as a franchisor of second-hand goods and financial services stores under the Cash Converters brand name. It operates through Franchise Operations, Store Operations, Personal Finance, and Vehicle Financing segments. The Franchise Operations segment engages in the sale of franchises for the retail sale of new and second-hand goods, as well as sale of master licenses for the development of franchises worldwide.

Cash Converters International Fundamentals Summary

How do Cash Converters International's earnings and revenue compare to its market cap?
CCV fundamental statistics
Market CapAU$163.16m
Earnings (TTM)AU$16.20m
Revenue (TTM)AU$189.63m

9.9x

P/E Ratio

0.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CCV income statement (TTM)
RevenueAU$189.63m
Cost of RevenueAU$59.42m
Gross ProfitAU$130.21m
ExpensesAU$114.01m
EarningsAU$16.20m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.026
Gross Margin68.67%
Net Profit Margin8.54%
Debt/Equity Ratio21.7%

How did CCV perform over the long term?

See historical performance and comparison

Dividends

7.8%

Current Dividend Yield

38%

Payout Ratio

Valuation

Is Cash Converters International undervalued compared to its fair value and its price relative to the market?

9.88x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate CCV's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate CCV's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: CCV is good value based on its PE Ratio (9.9x) compared to the Australian Consumer Finance industry average (14.3x).

PE vs Market: CCV is good value based on its PE Ratio (9.9x) compared to the Australian market (19.7x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate CCV's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: CCV is good value based on its PB Ratio (0.5x) compared to the AU Consumer Finance industry average (1.9x).


Future Growth

How is Cash Converters International forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

49.9%

Forecasted Diversified Financials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Cash Converters International has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Cash Converters International performed over the past 5 years?

-31.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CCV has high quality earnings.

Growing Profit Margin: CCV became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: CCV's earnings have declined by 31.1% per year over the past 5 years.

Accelerating Growth: CCV has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: CCV has become profitable in the last year, making it difficult to compare its past year earnings growth to the Consumer Finance industry (171.9%).


Return on Equity

High ROE: CCV's Return on Equity (5.1%) is considered low.


Financial Health

How is Cash Converters International's financial position?


Financial Position Analysis

Short Term Liabilities: CCV's short term assets (A$255.8M) exceed its short term liabilities (A$81.7M).

Long Term Liabilities: CCV's short term assets (A$255.8M) exceed its long term liabilities (A$76.5M).


Debt to Equity History and Analysis

Debt Level: CCV's debt to equity ratio (21.7%) is considered satisfactory.

Reducing Debt: CCV's debt to equity ratio has reduced from 52.1% to 21.7% over the past 5 years.

Debt Coverage: CCV's debt is not well covered by operating cash flow (2.4%).

Interest Coverage: Insufficient data to determine if CCV's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is Cash Converters International current dividend yield, its reliability and sustainability?

7.84%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: CCV's dividend (7.84%) is higher than the bottom 25% of dividend payers in the Australian market (2.27%).

High Dividend: CCV's dividend (7.84%) is in the top 25% of dividend payers in the Australian market (5.33%)


Stability and Growth of Payments

Stable Dividend: CCV's dividend payments have been volatile in the past 10 years.

Growing Dividend: CCV's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (38.2%), CCV's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.3yrs

Average management tenure


CEO

Sam Budiselik

1.67yrs

Tenure

AU$1,480,879

Compensation

Mr. Sam William Budiselik has been Managing Director and Executive Director at Cash Converters International Limited since December 18, 2020 and served as its Chief Operating Officer since July 2017 until...


CEO Compensation Analysis

Compensation vs Market: Sam's total compensation ($USD1.11M) is above average for companies of similar size in the Australian market ($USD302.06K).

Compensation vs Earnings: Sam's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: CCV's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Members

Experienced Board: CCV's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: CCV insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Cash Converters International Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Cash Converters International Limited
  • Ticker: CCV
  • Exchange: ASX
  • Founded: 1984
  • Industry: Consumer Finance
  • Sector: Diversified Financials
  • Market Cap: AU$163.162m
  • Shares outstanding: 627.55m
  • Website: https://www.cashconverters.com

Location

  • Cash Converters International Limited
  • 141 St Georges Terrace
  • Level 11
  • Perth
  • Western Australia
  • 6000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/20 07:02
End of Day Share Price2021/10/20 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.