Latitude Group Holdings Limited operates in instalments and lending business in Australia and New Zealand.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$2.22|
|52 Week High||AU$2.13|
|52 Week Low||AU$2.99|
|1 Month Change||1.37%|
|3 Month Change||-5.53%|
|1 Year Change||n/a|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-17.78%|
Recent News & Updates
|LFS||AU Consumer Finance||AU Market|
Return vs Industry: Insufficient data to determine how LFS performed against the Australian Consumer Finance industry.
Return vs Market: Insufficient data to determine how LFS performed against the Australian Market.
Stable Share Price: LFS is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: LFS's weekly volatility (4%) has been stable over the past year.
About the Company
Latitude Group Holdings Limited operates in instalments and lending business in Australia and New Zealand. It provides various installment products that enable the customer to obtain the good or service needed and the merchant to facilitate the sale. The company also offers lending products comprising credit cards, personal loans, and motor loans through various channels, such as direct, third parties, and its white-label partner.
Latitude Group Holdings Fundamentals Summary
|LFS fundamental statistics|
Is LFS overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|LFS income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.10|
|Net Profit Margin||13.90%|
How did LFS perform over the long term?See historical performance and comparison
7.1%Current Dividend Yield
Is Latitude Group Holdings undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: LFS (A$2.22) is trading above our estimate of fair value (A$0.67)
Significantly Below Fair Value: LFS is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: LFS is poor value based on its PE Ratio (22x) compared to the Australian Consumer Finance industry average (14.4x).
PE vs Market: LFS is poor value based on its PE Ratio (22x) compared to the Australian market (19.8x).
Price to Earnings Growth Ratio
PEG Ratio: LFS is good value based on its PEG Ratio (0.9x)
Price to Book Ratio
PB vs Industry: LFS is good value based on its PB Ratio (1.7x) compared to the AU Consumer Finance industry average (1.8x).
How is Latitude Group Holdings forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LFS's forecast earnings growth (24.5% per year) is above the savings rate (1.9%).
Earnings vs Market: LFS's earnings (24.5% per year) are forecast to grow faster than the Australian market (11.5% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: LFS's revenue (7.4% per year) is forecast to grow faster than the Australian market (5.3% per year).
High Growth Revenue: LFS's revenue (7.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: LFS's Return on Equity is forecast to be low in 3 years time (17.1%).
How has Latitude Group Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LFS has high quality earnings.
Growing Profit Margin: LFS's current net profit margins (13.9%) are higher than last year (1.7%).
Past Earnings Growth Analysis
Earnings Trend: LFS's earnings have grown significantly by 20.5% per year over the past 5 years.
Accelerating Growth: LFS's earnings growth over the past year (832.7%) exceeds its 5-year average (20.5% per year).
Earnings vs Industry: LFS earnings growth over the past year (832.7%) exceeded the Consumer Finance industry 171.9%.
Return on Equity
High ROE: LFS's Return on Equity (6%) is considered low.
How is Latitude Group Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: LFS's short term assets (A$6.5B) exceed its short term liabilities (A$667.8M).
Long Term Liabilities: LFS's short term assets (A$6.5B) exceed its long term liabilities (A$5.7B).
Debt to Equity History and Analysis
Debt Level: LFS's debt to equity ratio (446.1%) is considered high.
Reducing Debt: Insufficient data to determine if LFS's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: LFS's debt is not well covered by operating cash flow (9.5%).
Interest Coverage: Insufficient data to determine if LFS's interest payments on its debt are well covered by EBIT.
What is Latitude Group Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: LFS's dividend (7.07%) is higher than the bottom 25% of dividend payers in the Australian market (2.27%).
High Dividend: LFS's dividend (7.07%) is in the top 25% of dividend payers in the Australian market (5.31%)
Stability and Growth of Payments
Stable Dividend: Too early to tell whether LFS's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if LFS's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (77.7%), LFS's 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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
A. Fahour (54 yo)
Mr. Ahmed Fahour, BEc (Hons), MBA, FAIM, has been Managing Director and Director at Latitude Group Holdings Limited and has been its Chief Executive Officer 2018. He has been Managing Director and Chief Ex...
Experienced Board: LFS's board of directors are considered experienced (4.6 years average tenure).
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
Dilution of Shares: LFS only recently listed within the past 12 months.
Latitude Group Holdings Limited's employee growth, exchange listings and data sources
- Name: Latitude Group Holdings Limited
- Ticker: LFS
- Exchange: ASX
- Founded: 2015
- Industry: Consumer Finance
- Sector: Diversified Financials
- Market Cap: AU$2.220b
- Shares outstanding: 1.00b
- Website: https://www.latitudefinancial.com.au
- Latitude Group Holdings Limited
- 800 Collins Street
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/22 15:51|
|End of Day Share Price||2021/10/22 00:00|
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.