Cash Converters International
Market Cap
AU$147.9m
Last Updated
2021/01/18 07:02 UTC
Data Sources
Company Financials +
Executive Summary
Cash Converters International Limited operates as a franchisor of second hand goods and financial services stores under the Cash Converters brand name. More Details
Rewards
Risk Analysis
No risks detected for CCV from our risk checks.
Snowflake Analysis
Excellent balance sheet with moderate growth potential.
Similar Companies
Share Price & News
How has Cash Converters International's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CCV is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: CCV's weekly volatility (10%) has been stable over the past year.
Market Performance
7 Day Return
2.1%
CCV
-0.6%
AU Consumer Finance
-0.3%
AU Market
1 Year Return
0%
CCV
0.8%
AU Consumer Finance
-1.6%
AU Market
Return vs Industry: CCV matched the Australian Consumer Finance industry which returned 0.8% over the past year.
Return vs Market: CCV exceeded the Australian Market which returned -1.6% over the past year.
Shareholder returns
| CCV | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.1% | -0.6% | -0.3% |
| 30 Day | -2.0% | 4.8% | 1.5% |
| 90 Day | 37.1% | -2.3% | 9.2% |
| 1 Year | 0%0% | 1.8%0.8% | 1.7%-1.6% |
| 3 Year | -32.7%-33.3% | 51.4%40.8% | 26.2%10.7% |
| 5 Year | -53.4%-56.8% | 104.1%74.8% | 68.7%35.5% |
Long-Term Price Volatility Vs. Market
How volatile is Cash Converters International's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
Cash Converters International's(ASX:CCV) Share Price Is Down 55% Over The Past Five Years.7 months ago | Simply Wall St
How Much Of Cash Converters International Limited (ASX:CCV) Do Institutions Own?8 months ago | Simply Wall St
Introducing Cash Converters International (ASX:CCV), The Stock That Tanked 76%Valuation
Is Cash Converters International undervalued compared to its fair value and its price relative to the market?
0.48x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: CCV (A$0.24) is trading above our estimate of fair value (A$0.04)
Significantly Below Fair Value: CCV is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CCV is unprofitable, so we can't compare its PE Ratio to the AU Consumer Finance industry average.
PE vs Market: CCV is unprofitable, so we can't compare its PE Ratio to the Australian market.
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 (3.3x).
Next Steps
Future Growth
How is Cash Converters International forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
109.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CCV is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: CCV is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: CCV's is expected to become profitable in the next 3 years.
Revenue vs Market: CCV's revenue is expected to decline over the next 3 years (-5.2% per year).
High Growth Revenue: CCV's revenue is forecast to decline over the next 3 years (-5.2% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CCV's Return on Equity is forecast to be low in 3 years time (4.5%).
Next Steps
Past Performance
How has Cash Converters International performed over the past 5 years?
-37.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CCV is currently unprofitable.
Growing Profit Margin: CCV is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CCV is unprofitable, and losses have increased over the past 5 years at a rate of 37.7% per year.
Accelerating Growth: Unable to compare CCV's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CCV is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Finance industry (-5.1%).
Return on Equity
High ROE: CCV has a negative Return on Equity (-3.42%), as it is currently unprofitable.
Next Steps
Financial Health
How is Cash Converters International's financial position?
Financial Position Analysis
Short Term Liabilities: CCV's short term assets (A$269.4M) exceed its short term liabilities (A$98.9M).
Long Term Liabilities: CCV's short term assets (A$269.4M) exceed its long term liabilities (A$74.6M).
Debt to Equity History and Analysis
Debt Level: CCV's debt to equity ratio (28.7%) is considered satisfactory.
Reducing Debt: CCV's debt to equity ratio has reduced from 48.3% to 28.7% over the past 5 years.
Debt Coverage: CCV's debt is well covered by operating cash flow (79.9%).
Interest Coverage: Insufficient data to determine if CCV's interest payments on its debt are well covered by EBIT.
Balance Sheet
Next Steps
Dividend
What is Cash Converters International current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CCV's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CCV's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CCV's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CCV's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: CCV is not paying a notable dividend for the Australian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CCV's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
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Management
How experienced are the management team and are they aligned to shareholders interests?
1.8yrs
Average management tenure
CEO
Sam Budiselik
0.92
Tenure
AU$1,123,445
Compensation
Mr. Sam William Budiselik has been Chief Executive Officer at Cash Converters International Limited since February 26, 2020 and has been its Managing Director and Executive Director since December 18, 2020...
CEO Compensation Analysis
Compensation vs Market: Sam's total compensation ($USD867.12K) is above average for companies of similar size in the Australian market ($USD294.38K).
Compensation vs Earnings: Sam's compensation has increased whilst the company is unprofitable.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Executive Director | 0.92yr | AU$1.12m | 0.040% A$ 59.6k | |
| Executive Deputy Chairman | 4yrs | AU$464.93k | 1.33% A$ 2.0m | |
| Chief Financial Officer | 0.58yr | AU$396.89k | no data | |
| Legal Counsel & Company Secretary | 3.58yrs | AU$620.03k | 0.14% A$ 203.2k | |
| General Manager of Corporate Distribution | 2.67yrs | AU$280.39k | no data | |
| Chief Technology Officer | no data | no data | no data | |
| Head of People & Culture | 1yr | no data | no data | |
| Group Financial Controller | 6yrs | no data | no data |
1.8yrs
Average Tenure
Experienced Management: CCV's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Executive Director | 0.92yr | AU$1.12m | 0.040% A$ 59.6k | |
| Executive Deputy Chairman | 4yrs | AU$464.93k | 1.33% A$ 2.0m | |
| Independent Non-Executive Director | 0.75yr | AU$20.51k | 0.068% A$ 101.3k | |
| Non-Executive Chairman | 0.42yr | no data | no data | |
| Non-Executive Director | 6.42yrs | AU$95.00k | no data | |
| Independent Non-Executive Director | 0.75yr | AU$20.51k | no data |
0.8yrs
Average Tenure
49yo
Average Age
Experienced Board: CCV's board of directors are not considered experienced ( 0.8 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: Insufficient data to determine if 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 company bio, 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$147.945m
- Shares outstanding: 616.44m
- Website: https://www.cashconverters.com
Number of Employees
Location
- Cash Converters International Limited
- Citibank House
- Level 11
- Perth
- Western Australia
- 6000
- Australia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CCV | ASX (Australian Securities Exchange) | Yes | New Ordinary Shares | AU | AUD | Aug 1996 |
| CCV | CHIA (Chi-X Australia) | Yes | New Ordinary Shares | AU | AUD | Aug 1996 |
| UKC | DB (Deutsche Boerse AG) | Yes | New Ordinary Shares | DE | EUR | Aug 1996 |
Biography
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 Opera...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/18 07:02 |
| End of Day Share Price | 2021/01/18 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2020/06/30 |
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.