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EZL

EurozASX:EZL Stock Report

Market Cap

AU$325.3m

7D

1.5%

1Y

37.3%

Updated

20 Oct, 2021

Data

Company Financials
EZL fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends4/6

EZL Overview

Euroz Limited, a diversified financial services company, provides stockbroking, corporate finance, funds management, investing, financial advisory, and wealth management services to private, institutional, and corporate clients primarily in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Euroz
Historical stock prices
Current Share PriceAU$1.66
52 Week HighAU$1.20
52 Week LowAU$2.00
Beta0.79
1 Month Change7.82%
3 Month Change-2.07%
1 Year Change37.34%
3 Year Change35.66%
5 Year Change60.68%
Change since IPO635.56%

Recent News & Updates

Jul 04
Euroz (ASX:EZL) Will Pay A Larger Dividend Than Last Year At AU$0.14

Euroz (ASX:EZL) Will Pay A Larger Dividend Than Last Year At AU$0.14

The board of Euroz Limited ( ASX:EZL ) has announced that the dividend on 6th of August will be increased to AU$0.14...

Apr 10
Key Things To Consider Before Buying Euroz Limited (ASX:EZL) For Its Dividend

Key Things To Consider Before Buying Euroz Limited (ASX:EZL) For Its Dividend

Could Euroz Limited ( ASX:EZL ) be an attractive dividend share to own for the long haul? Investors are often drawn to...

Shareholder Returns

EZLAU Capital MarketsAU Market
7D1.5%3.4%1.7%
1Y37.3%23.2%20.2%

Return vs Industry: EZL exceeded the Australian Capital Markets industry which returned 22.7% over the past year.

Return vs Market: EZL exceeded the Australian Market which returned 20.3% over the past year.

Price Volatility

Is EZL's price volatile compared to industry and market?
EZL volatility
EZL Beta0.79
Industry Beta0.99
Market Beta1

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

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

About the Company

FoundedEmployeesCEOWebsite
1961195Andrew McKenziehttps://www.euroz.com

Euroz Limited, a diversified financial services company, provides stockbroking, corporate finance, funds management, investing, financial advisory, and wealth management services to private, institutional, and corporate clients primarily in Australia. The company offers equities research, institutional dealing, and private clients dealing services, as well as corporate advisory services, including equity capital raising and undertaking, merger and acquisitions advisory, strategic planning and review, privatization and reconstruction, and takeover/takeover response services. It also provides portfolio management, strategic financial planning advisory, and portfolio administration services; and raises equity capital through initial public offerings, placements, and rights issues.

Euroz Fundamentals Summary

How do Euroz's earnings and revenue compare to its market cap?
EZL fundamental statistics
Market CapAU$325.26m
Earnings (TTM)AU$52.54m
Revenue (TTM)AU$131.06m

6.0x

P/E Ratio

2.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
EZL income statement (TTM)
RevenueAU$131.06m
Cost of RevenueAU$8.67m
Gross ProfitAU$122.38m
ExpensesAU$69.84m
EarningsAU$52.54m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.28
Gross Margin93.38%
Net Profit Margin40.09%
Debt/Equity Ratio0%

How did EZL perform over the long term?

See historical performance and comparison

Dividends

9.7%

Current Dividend Yield

55%

Payout Ratio

Valuation

Is Euroz undervalued compared to its fair value and its price relative to the market?

23.8%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: EZL (A$1.71) is trading below our estimate of fair value (A$2.19)

Significantly Below Fair Value: EZL is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: EZL is good value based on its PE Ratio (6.2x) compared to the Australian Capital Markets industry average (16.8x).

PE vs Market: EZL is good value based on its PE Ratio (6.2x) compared to the Australian market (19.9x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: EZL is overvalued based on its PB Ratio (1.9x) compared to the AU Capital Markets industry average (1.4x).


Future Growth

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

9.1%

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 Euroz 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 Euroz performed over the past 5 years?

12.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EZL has a large one-off gain of A$33.0M impacting its June 30 2021 financial results.

Growing Profit Margin: EZL's current net profit margins (40.1%) are higher than last year (4.6%).


Past Earnings Growth Analysis

Earnings Trend: EZL's earnings have grown by 12% per year over the past 5 years.

Accelerating Growth: EZL's earnings growth over the past year (2218.2%) exceeds its 5-year average (12% per year).

Earnings vs Industry: EZL earnings growth over the past year (2218.2%) exceeded the Capital Markets industry 12.8%.


Return on Equity

High ROE: EZL's Return on Equity (30.7%) is considered high.


Financial Health

How is Euroz's financial position?


Financial Position Analysis

Short Term Liabilities: EZL's short term assets (A$134.4M) exceed its short term liabilities (A$98.1M).

Long Term Liabilities: EZL's short term assets (A$134.4M) exceed its long term liabilities (A$13.5M).


Debt to Equity History and Analysis

Debt Level: EZL is debt free.

Reducing Debt: EZL has not had any debt for past 5 years.

Debt Coverage: EZL has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: EZL has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Euroz current dividend yield, its reliability and sustainability?

9.67%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: EZL's dividend (9.38%) is higher than the bottom 25% of dividend payers in the Australian market (2.27%).

High Dividend: EZL's dividend (9.38%) is in the top 25% of dividend payers in the Australian market (5.28%)


Stability and Growth of Payments

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

Growing Dividend: EZL's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (54.9%), EZL's dividend payments are 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?

4.3yrs

Average management tenure


CEO

Andrew McKenzie

no data

Tenure

AU$765,599

Compensation

Mr. Andrew William McKenzie serves as Executive Chairman at The Euroz Hartleys Limited since October 2021. Mr. McKenzie is Executive Chairman of Euroz Limited and Euroz Hartleys Securities Limited and is a...


CEO Compensation Analysis

Compensation vs Market: Andrew's total compensation ($USD567.40K) is about average for companies of similar size in the Australian market ($USD549.23K).

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


Leadership Team

Experienced Management: EZL's management team is considered experienced (4.3 years average tenure).


Board Members

Experienced Board: EZL's board of directors are not considered experienced ( 1 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: EZL insiders have bought and sold the same number of shares 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

Euroz Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Euroz Limited
  • Ticker: EZL
  • Exchange: ASX
  • Founded: 1961
  • Industry: Investment Banking and Brokerage
  • Sector: Diversified Financials
  • Market Cap: AU$325.259m
  • Shares outstanding: 190.77m
  • Website: https://www.euroz.com

Number of Employees


Location

  • Euroz Limited
  • Alluvion
  • Level 18
  • 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 07:03
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.