| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
ECX Overview
Eclipx Group Limited provides vehicle fleet leasing, fleet management, and diversified financial services in Australia and New Zealand.
Eclipx Group Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$2.26 |
| 52 Week High | AU$1.40 |
| 52 Week Low | AU$2.55 |
| Beta | 1.64 |
| 1 Month Change | -0.88% |
| 3 Month Change | 6.60% |
| 1 Year Change | 59.16% |
| 3 Year Change | -6.61% |
| 5 Year Change | -45.67% |
| Change since IPO | -18.71% |
Recent News & Updates
Shareholder Returns
| ECX | AU Consumer Finance | AU Market | |
|---|---|---|---|
| 7D | 0.9% | -1.0% | -0.02% |
| 1Y | 59.2% | 23.6% | 27.0% |
Return vs Industry: ECX exceeded the Australian Consumer Finance industry which returned 23.6% over the past year.
Return vs Market: ECX exceeded the Australian Market which returned 27% over the past year.
Price Volatility
| ECX volatility | |
|---|---|
| ECX Beta | 1.64 |
| Industry Beta | 1.97 |
| Market Beta | 1 |
Stable Share Price: ECX is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: ECX's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1987 | n/a | Julian Russell | https://www.eclipxgroup.com |
Eclipx Group Limited provides vehicle fleet leasing, fleet management, and diversified financial services in Australia and New Zealand. The company operates through Australia Commercial, Novated, and New Zealand Commercial segments. It offers vehicle fleet leasing and management, commercial equipment finance and leasing, novated leasing, and consumer motor vehicle finance solutions.
Valuation
Is Eclipx Group undervalued compared to its fair value and its price relative to the market?
13.78x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ECX (A$2.26) is trading above our estimate of fair value (A$0.72)
Significantly Below Fair Value: ECX is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ECX's PE Ratio (13.8x) is in line with the Australian Consumer Finance industry average.
PE vs Market: ECX is good value based on its PE Ratio (13.8x) compared to the Australian market (18.7x).
Price to Earnings Growth Ratio
PEG Ratio: ECX's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: ECX is good value based on its PB Ratio (1.3x) compared to the AU Consumer Finance industry average (2x).
Future Growth
How is Eclipx Group forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
-3.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ECX's earnings are forecast to decline over the next 3 years (-3.8% per year).
Earnings vs Market: ECX's earnings are forecast to decline over the next 3 years (-3.8% per year).
High Growth Earnings: ECX's earnings are forecast to decline over the next 3 years.
Revenue vs Market: ECX's revenue (2.3% per year) is forecast to grow slower than the Australian market (5.3% per year).
High Growth Revenue: ECX's revenue (2.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ECX's Return on Equity is forecast to be low in 3 years time (10.2%).
Past Performance
How has Eclipx Group performed over the past 5 years?
-17.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ECX has high quality earnings.
Growing Profit Margin: ECX became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: ECX's earnings have declined by 17.7% per year over the past 5 years.
Accelerating Growth: ECX has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: ECX 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: ECX's Return on Equity (9.3%) is considered low.
Financial Health
How is Eclipx Group's financial position?
Financial Position Analysis
Short Term Liabilities: ECX's short term assets (A$944.3M) exceed its short term liabilities (A$495.2M).
Long Term Liabilities: ECX's short term assets (A$944.3M) do not cover its long term liabilities (A$959.7M).
Debt to Equity History and Analysis
Debt Level: ECX's debt to equity ratio (232.5%) is considered high.
Reducing Debt: ECX's debt to equity ratio has increased from 225.9% to 232.5% over the past 5 years.
Debt Coverage: ECX's debt is well covered by operating cash flow (31.7%).
Interest Coverage: ECX's interest payments on its debt are well covered by EBIT (6.7x coverage).
Balance Sheet
Dividend
What is Eclipx Group current dividend yield, its reliability and sustainability?
1.83%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ECX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ECX'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 ECX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ECX's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: ECX is not paying a notable dividend for the Australian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ECX's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.5yrs
Average management tenure
CEO
Julian Russell
2.33yrs
Tenure
AU$2,050,569
Compensation
Mr. Julian Russell serves as Chief Executive Officer at Eclipx Group Limited since May 13, 2019. He was the Co-Head of the Financial Institutions Group at UBS Australia and has had a distinguished career a...
CEO Compensation Analysis
Compensation vs Market: Julian's total compensation ($USD1.49M) is above average for companies of similar size in the Australian market ($USD722.58K).
Compensation vs Earnings: Julian's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: ECX's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Board Members
Experienced Board: ECX's board of directors are not considered experienced ( 2 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: ECX 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
Eclipx Group Limited's employee growth, exchange listings and data sources
Key Information
- Name: Eclipx Group Limited
- Ticker: ECX
- Exchange: ASX
- Founded: 1987
- Industry: Consumer Finance
- Sector: Diversified Financials
- Market Cap: AU$700.720m
- Shares outstanding: 310.05m
- Website: https://www.eclipxgroup.com
Number of Employees
Location
- Eclipx Group Limited
- 601 Pacific Highway
- Level 6
- St Leonards
- New South Wales
- 2065
- Australia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/09/18 08:04 |
| End of Day Share Price | 2021/09/17 00:00 |
| Earnings | 2021/03/31 |
| Annual Earnings | 2020/09/30 |
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.