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FNX

Finexia Financial GroupASX:FNX Stock Report

Market Cap

AU$14.0m

7D

0%

1Y

30.0%

Updated

18 Oct, 2021

Data

Company Financials
FNX fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health2/6
Dividends0/6

FNX Overview

Finexia Financial Group Limited provides funds management and broker trading services in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Finexia Financial Group
Historical stock prices
Current Share PriceAU$0.091
52 Week HighAU$0.045
52 Week LowAU$0.096
Beta0.91
1 Month Change30.00%
3 Month Change30.00%
1 Year Change30.00%
3 Year Change203.33%
5 Year Change127.50%
Change since IPO-99.99%

Recent News & Updates

Jan 09
How Should Investors React To Finexia Financial Group's (ASX:FNX) CEO Pay?

How Should Investors React To Finexia Financial Group's (ASX:FNX) CEO Pay?

Neil Sheather has been the CEO of Finexia Financial Group Limited ( ASX:FNX ) since 2014, and this article will examine...

Shareholder Returns

FNXAU Capital MarketsAU Market
7D0%1.9%0.9%
1Y30.0%21.7%20.2%

Return vs Industry: FNX exceeded the Australian Capital Markets industry which returned 21.7% over the past year.

Return vs Market: FNX exceeded the Australian Market which returned 20.2% over the past year.

Price Volatility

Is FNX's price volatile compared to industry and market?
FNX volatility
FNX Beta0.91
Industry Beta0.98
Market Beta1

Stable Share Price: Insufficient data to determine FNX's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine FNX's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
2003n/aNeil Sheatherhttps://www.finexia.com.au

Finexia Financial Group Limited provides funds management and broker trading services in Australia. The company operates through Finexia Securities, Finexia Plus, and FNX segments. It offers stock market trading and advisory services, including shares, options, and CFDs trading services; commercial lending services comprising project and development financing, distressed workouts, and strategic corporate advice; funds management, such as alternative investment opportunities; financial adviser licensing services; and corporate advisory services, including IPOs, capital raises, placements, corporate restructuring, and wholesale funding lines, as well as SMSF administration and investor education services.

Finexia Financial Group Fundamentals Summary

How do Finexia Financial Group's earnings and revenue compare to its market cap?
FNX fundamental statistics
Market CapAU$13.98m
Earnings (TTM)AU$1.27m
Revenue (TTM)AU$4.55m

11.0x

P/E Ratio

3.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
FNX income statement (TTM)
RevenueAU$4.55m
Cost of RevenueAU$407.96k
Gross ProfitAU$4.14m
ExpensesAU$2.87m
EarningsAU$1.27m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.0083
Gross Margin91.03%
Net Profit Margin27.91%
Debt/Equity Ratio327.6%

How did FNX perform over the long term?

See historical performance and comparison

Valuation

Is Finexia Financial Group undervalued compared to its fair value and its price relative to the market?

11.02x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate FNX's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate FNX's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: FNX is good value based on its PE Ratio (11x) compared to the Australian Capital Markets industry average (16.3x).

PE vs Market: FNX is good value based on its PE Ratio (11x) compared to the Australian market (19.8x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: FNX is overvalued based on its PB Ratio (2.7x) compared to the AU Capital Markets industry average (1.4x).


Future Growth

How is Finexia Financial Group 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 Finexia Financial Group 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 Finexia Financial Group performed over the past 5 years?

41.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FNX has a large one-off gain of A$314.3K impacting its June 30 2021 financial results.

Growing Profit Margin: FNX became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: FNX has become profitable over the past 5 years, growing earnings by 41.4% per year.

Accelerating Growth: FNX has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: FNX has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (12.8%).


Return on Equity

High ROE: Whilst FNX's Return on Equity (24.58%) is high, this metric is skewed due to their high level of debt.


Financial Health

How is Finexia Financial Group's financial position?


Financial Position Analysis

Short Term Liabilities: FNX's short term assets (A$20.6M) exceed its short term liabilities (A$13.0M).

Long Term Liabilities: FNX's short term assets (A$20.6M) exceed its long term liabilities (A$6.0M).


Debt to Equity History and Analysis

Debt Level: FNX's debt to equity ratio (327.6%) is considered high.

Reducing Debt: FNX's debt to equity ratio has increased from 8.2% to 327.6% over the past 5 years.

Debt Coverage: FNX's debt is not well covered by operating cash flow (2.1%).

Interest Coverage: Insufficient data to determine if FNX's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is Finexia Financial Group current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate FNX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate FNX'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 FNX's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if FNX's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of FNX'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?

1.6yrs

Average board tenure


CEO

Neil Sheather (51 yo)

6.92yrs

Tenure

AU$218,182

Compensation

Mr. Neil Sheather serves as Company Secretary at Finexia Financial Group Limited since October 11, 2021. Mr. Sheather has been Managing Director of Finexia Financial Group Limited (formerly known as Mejori...


CEO Compensation Analysis

Compensation vs Market: Neil's total compensation ($USD161.94K) is below average for companies of similar size in the Australian market ($USD302.72K).

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


Board Members

Experienced Board: FNX's board of directors are not considered experienced ( 1.6 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 9.5%.


Top Shareholders

Company Information

Finexia Financial Group Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Finexia Financial Group Limited
  • Ticker: FNX
  • Exchange: ASX
  • Founded: 2003
  • Industry: Investment Banking and Brokerage
  • Sector: Diversified Financials
  • Market Cap: AU$13.976m
  • Shares outstanding: 153.59m
  • Website: https://www.finexia.com.au

Location

  • Finexia Financial Group Limited
  • 49 York Street
  • Level 13
  • Sydney
  • New South Wales
  • 2000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/18 07:04
End of Day Share Price2021/10/08 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.