| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 3/6 |
| Dividends | 2/6 |
COG Overview
COG Financial Services Limited engages in equipment finance broking and aggregation, and lending activities for business assets in Australia.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$1.33 |
| 52 Week High | AU$0.66 |
| 52 Week Low | AU$1.51 |
| Beta | 0.60 |
| 1 Month Change | -3.62% |
| 3 Month Change | -5.67% |
| 1 Year Change | 98.51% |
| 3 Year Change | 20.91% |
| 5 Year Change | -8.28% |
| Change since IPO | -86.83% |
Recent News & Updates
COG Financial Services' (ASX:COG) Upcoming Dividend Will Be Larger Than Last Year's
COG Financial Services Limited's ( ASX:COG ) dividend will be increasing to AU$0.06 on 22nd of October. This takes the...
COG Financial Services (ASX:COG) Is Increasing Its Dividend To AU$0.06
The board of COG Financial Services Limited ( ASX:COG ) has announced that it will be increasing its dividend on the...
Shareholder Returns
| COG | AU Capital Markets | AU Market | |
|---|---|---|---|
| 7D | -2.2% | 2.3% | 0.8% |
| 1Y | 98.5% | 29.1% | 24.4% |
Return vs Industry: COG exceeded the Australian Capital Markets industry which returned 29.1% over the past year.
Return vs Market: COG exceeded the Australian Market which returned 24.4% over the past year.
Price Volatility
| COG volatility | |
|---|---|
| COG Beta | 0.60 |
| Industry Beta | 0.99 |
| Market Beta | 1 |
Stable Share Price: COG is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: COG's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2002 | n/a | Andrew Bennett | https://www.coglimited.com.au |
COG Financial Services Limited engages in equipment finance broking and aggregation, and lending activities for business assets in Australia. It also offers IT managed services. The company was formerly known as Consolidated Operations Group Limited and changed its name to COG Financial Services Limited in November 2020.
COG Financial Services Fundamentals Summary
| COG fundamental statistics | |
|---|---|
| Market Cap | AU$260.14m |
| Earnings (TTM) | -AU$26.38m |
| Revenue (TTM) | AU$271.68m |
1.0x
P/S Ratio-9.9x
P/E RatioIs COG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| COG income statement (TTM) | |
|---|---|
| Revenue | AU$271.68m |
| Cost of Revenue | AU$109.15m |
| Gross Profit | AU$162.53m |
| Expenses | AU$188.91m |
| Earnings | -AU$26.38m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.13 |
| Gross Margin | 59.82% |
| Net Profit Margin | -9.71% |
| Debt/Equity Ratio | 114.9% |
How did COG perform over the long term?
See historical performance and comparisonDividends
5.4%
Current Dividend Yield-44%
Payout RatioValuation
Is COG Financial Services undervalued compared to its fair value and its price relative to the market?
1.71x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: COG (A$1.33) is trading above our estimate of fair value (A$0.46)
Significantly Below Fair Value: COG is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: COG is unprofitable, so we can't compare its PE Ratio to the Australian Capital Markets industry average.
PE vs Market: COG 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 COG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: COG is overvalued based on its PB Ratio (1.7x) compared to the AU Capital Markets industry average (1.4x).
Future Growth
How is COG Financial Services forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
9.0%
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 COG Financial Services 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 COG Financial Services performed over the past 5 years?
-75.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: COG is currently unprofitable.
Growing Profit Margin: COG is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: COG is unprofitable, and losses have increased over the past 5 years at a rate of 75.9% per year.
Accelerating Growth: Unable to compare COG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: COG is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (12.8%).
Return on Equity
High ROE: COG has a negative Return on Equity (-9.17%), as it is currently unprofitable.
Financial Health
How is COG Financial Services's financial position?
Financial Position Analysis
Short Term Liabilities: COG's short term assets (A$205.7M) do not cover its short term liabilities (A$233.6M).
Long Term Liabilities: COG's short term assets (A$205.7M) exceed its long term liabilities (A$53.4M).
Debt to Equity History and Analysis
Debt Level: COG's debt to equity ratio (114.9%) is considered high.
Reducing Debt: COG's debt to equity ratio has increased from 0.3% to 114.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable COG has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: COG is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 49.1% per year.
Dividend
What is COG Financial Services's current dividend yield, its reliability and sustainability?
5.43%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: COG's dividend (5.43%) is higher than the bottom 25% of dividend payers in the Australian market (2.23%).
High Dividend: COG's dividend (5.43%) is in the top 25% of dividend payers in the Australian market (5.32%)
Stability and Growth of Payments
Stable Dividend: Too early to tell whether COG's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if COG's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: COG is paying a dividend but the company is unprofitable.
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?
2.7yrs
Average management tenure
CEO
Andrew Bennett
2.67yrs
Tenure
AU$565,149
Compensation
Mr. Andrew Bennett has been Group Chief Executive Director of Consolidated Operations Group Ltd since February 2019 and served as its Executive Director since June 4, 2018. Mr. Bennett has experience in th...
CEO Compensation Analysis
Compensation vs Market: Andrew's total compensation ($USD423.65K) is about average for companies of similar size in the Australian market ($USD554.70K).
Compensation vs Earnings: Andrew's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: COG's management team is considered experienced (2.7 years average tenure).
Board Members
Experienced Board: COG's board of directors are not considered experienced ( 2.8 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 been diluted in the past year, with total shares outstanding growing by 22.4%.
Top Shareholders
Company Information
COG Financial Services Limited's employee growth, exchange listings and data sources
Key Information
- Name: COG Financial Services Limited
- Ticker: COG
- Exchange: ASX
- Founded: 2002
- Industry: Investment Banking and Brokerage
- Sector: Diversified Financials
- Market Cap: AU$260.139m
- Shares outstanding: 195.59m
- Website: https://www.coglimited.com.au
Location
- COG Financial Services Limited
- 72 Archer Street
- Level 1
- Chatswood
- New South Wales
- 2067
- Australia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/26 07:01 |
| End of Day Share Price | 2021/10/26 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.