| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 4/6 |
| Dividends | 3/6 |
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
| Historical stock prices | |
|---|---|
| Current Share Price | AU$0.26 |
| 52 Week High | AU$0.18 |
| 52 Week Low | AU$0.29 |
| Beta | 0.99 |
| 1 Month Change | -1.92% |
| 3 Month Change | 8.51% |
| 1 Year Change | 34.21% |
| 3 Year Change | -8.93% |
| 5 Year Change | -22.73% |
| Change since IPO | -56.03% |
Recent News & Updates
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...
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
| CCV | AU Consumer Finance | AU Market | |
|---|---|---|---|
| 7D | 0% | 4.1% | 1.7% |
| 1Y | 34.2% | 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
| CCV volatility | |
|---|---|
| CCV Beta | 0.99 |
| Industry Beta | 1.97 |
| Market Beta | 1 |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1984 | n/a | Sam Budiselik | https://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
| CCV fundamental statistics | |
|---|---|
| Market Cap | AU$163.16m |
| Earnings (TTM) | AU$16.20m |
| Revenue (TTM) | AU$189.63m |
9.9x
P/E Ratio0.8x
P/S RatioIs CCV overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CCV income statement (TTM) | |
|---|---|
| Revenue | AU$189.63m |
| Cost of Revenue | AU$59.42m |
| Gross Profit | AU$130.21m |
| Expenses | AU$114.01m |
| Earnings | AU$16.20m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.026 |
| Gross Margin | 68.67% |
| Net Profit Margin | 8.54% |
| Debt/Equity Ratio | 21.7% |
How did CCV perform over the long term?
See historical performance and comparisonDividends
7.8%
Current Dividend Yield38%
Payout RatioValuation
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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/20 07:02 |
| End of Day Share Price | 2021/10/20 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2021/06/30 |
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.