company background image
FSA

FSA GroupASX:FSA Stock Report

Market Cap

AU$133.5m

7D

3.9%

1Y

2.9%

Updated

25 Oct, 2021

Data

Company Financials
FSA fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance4/6
Financial Health1/6
Dividends4/6

FSA Overview

FSA Group Limited, together with its subsidiaries, engages in the provision of debt solutions and direct lending services to individuals in Australia.

FSA Group Competitors

Resimac Group

ASX:RMC

AU$782.8m

Australian Finance Group

ASX:AFG

AU$729.3m

Price History & Performance

Summary of all time highs, changes and price drops for FSA Group
Historical stock prices
Current Share PriceAU$1.07
52 Week HighAU$0.98
52 Week LowAU$1.18
Beta0.83
1 Month Change0%
3 Month Change0.94%
1 Year Change2.89%
3 Year Change-6.14%
5 Year Change-14.06%
Change since IPO529.41%

Recent News & Updates

Mar 30
Here's Why I Think FSA Group (ASX:FSA) Might Deserve Your Attention Today

Here's Why I Think FSA Group (ASX:FSA) Might Deserve Your Attention Today

Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...

Feb 28
How Much Of FSA Group Limited (ASX:FSA) Do Insiders Own?

How Much Of FSA Group Limited (ASX:FSA) Do Insiders Own?

Every investor in FSA Group Limited ( ASX:FSA ) should be aware of the most powerful shareholder groups. Generally...

Jan 10
If You Had Bought FSA Group's (ASX:FSA) Shares Three Years Ago You Would Be Down 29%

If You Had Bought FSA Group's (ASX:FSA) Shares Three Years Ago You Would Be Down 29%

As an investor its worth striving to ensure your overall portfolio beats the market average. But its virtually certain...

Nov 29
Do Institutions Own FSA Group Limited (ASX:FSA) Shares?

Do Institutions Own FSA Group Limited (ASX:FSA) Shares?

The big shareholder groups in FSA Group Limited (ASX:FSA) have power over the company. Generally speaking, as a...

Shareholder Returns

FSAAU Consumer FinanceAU Market
7D3.9%2.8%0.6%
1Y2.9%15.6%21.3%

Return vs Industry: FSA underperformed the Australian Consumer Finance industry which returned 15.6% over the past year.

Return vs Market: FSA underperformed the Australian Market which returned 21.3% over the past year.

Price Volatility

Is FSA's price volatile compared to industry and market?
FSA volatility
FSA Beta0.83
Industry Beta1.96
Market Beta1

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

Volatility Over Time: FSA's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
200089n/ahttps://www.fsagroup.com.au

FSA Group Limited, together with its subsidiaries, engages in the provision of debt solutions and direct lending services to individuals in Australia. The company operates through Services and Consumer Lending segments. The Services segment offers informal and debt agreement, personal insolvency agreement, and bankruptcy services.

FSA Group Fundamentals Summary

How do FSA Group's earnings and revenue compare to its market cap?
FSA fundamental statistics
Market CapAU$133.49m
Earnings (TTM)AU$20.11m
Revenue (TTM)AU$61.79m

6.6x

P/E Ratio

2.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
FSA income statement (TTM)
RevenueAU$61.79m
Cost of RevenueAU$4.78m
Gross ProfitAU$57.02m
ExpensesAU$36.91m
EarningsAU$20.11m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.16
Gross Margin92.27%
Net Profit Margin32.54%
Debt/Equity Ratio556.0%

How did FSA perform over the long term?

See historical performance and comparison

Dividends

5.6%

Current Dividend Yield

37%

Payout Ratio

Valuation

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

15.8%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: FSA (A$1.07) is trading below our estimate of fair value (A$1.27)

Significantly Below Fair Value: FSA is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: FSA is good value based on its PE Ratio (6.6x) compared to the Australian Consumer Finance industry average (14.3x).

PE vs Market: FSA is good value based on its PE Ratio (6.6x) compared to the Australian market (19.9x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: FSA's PB Ratio (1.9x) is in line with the AU Consumer Finance industry average.


Future Growth

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

48.0%

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 FSA 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 FSA Group performed over the past 5 years?

9.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FSA has high quality earnings.

Growing Profit Margin: FSA's current net profit margins (32.5%) are higher than last year (23.6%).


Past Earnings Growth Analysis

Earnings Trend: FSA's earnings have grown by 9.4% per year over the past 5 years.

Accelerating Growth: FSA's earnings growth over the past year (23.2%) exceeds its 5-year average (9.4% per year).

Earnings vs Industry: FSA earnings growth over the past year (23.2%) underperformed the Consumer Finance industry 171.9%.


Return on Equity

High ROE: Whilst FSA's Return on Equity (27.46%) is high, this metric is skewed due to their high level of debt.


Financial Health

How is FSA Group's financial position?


Financial Position Analysis

Short Term Liabilities: FSA's short term assets (A$119.4M) exceed its short term liabilities (A$12.1M).

Long Term Liabilities: FSA's short term assets (A$119.4M) do not cover its long term liabilities (A$434.1M).


Debt to Equity History and Analysis

Debt Level: FSA's debt to equity ratio (556%) is considered high.

Reducing Debt: FSA's debt to equity ratio has increased from 358.4% to 556% over the past 5 years.

Debt Coverage: FSA's debt is not well covered by operating cash flow (7%).

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


Balance Sheet


Dividend

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

5.61%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: FSA's dividend (5.61%) is higher than the bottom 25% of dividend payers in the Australian market (2.23%).

High Dividend: FSA's dividend (5.61%) is in the top 25% of dividend payers in the Australian market (5.3%)


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (37.2%), FSA's dividend payments are well 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?

19.3yrs

Average board tenure


CEO

FSA Group has no CEO, or we have no data on them.


Board Members

Experienced Board: FSA's board of directors are seasoned and experienced ( 19.3 years average tenure).


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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

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


Key Information

  • Name: FSA Group Limited
  • Ticker: FSA
  • Exchange: ASX
  • Founded: 2000
  • Industry: Consumer Finance
  • Sector: Diversified Financials
  • Market Cap: AU$133.495m
  • Shares outstanding: 124.76m
  • Website: https://www.fsagroup.com.au

Number of Employees


Location

  • FSA Group Limited
  • 1 Oxford Street
  • Level 13
  • Darlinghurst
  • New South Wales
  • 2010
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/25 16:45
End of Day Share Price2021/10/25 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.