Money3 Corporation Limited provides secured automotive loans in Australia and New Zealand.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$3.23|
|52 Week High||AU$2.16|
|52 Week Low||AU$3.80|
|1 Month Change||-2.12%|
|3 Month Change||2.54%|
|1 Year Change||39.83%|
|3 Year Change||103.15%|
|5 Year Change||79.44%|
|Change since IPO||156.35%|
Recent News & Updates
Money3's (ASX:MNY) Dividend Will Be Increased To AU$0.07
Money3 Corporation Limited ( ASX:MNY ) has announced that it will be increasing its dividend on the 14th of October to...
AU$4.16 - That's What Analysts Think Money3 Corporation Limited (ASX:MNY) Is Worth After These Results
Investors in Money3 Corporation Limited ( ASX:MNY ) had a good week, as its shares rose 3.9% to close at AU$3.50...
|MNY||AU Consumer Finance||AU Market|
Return vs Industry: MNY exceeded the Australian Consumer Finance industry which returned 15.6% over the past year.
Return vs Market: MNY exceeded the Australian Market which returned 21.3% over the past year.
Stable Share Price: MNY is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: MNY's weekly volatility (4%) has been stable over the past year.
About the Company
Money3 Corporation Limited provides secured automotive loans in Australia and New Zealand. The company offers vehicle loans that include loans for new and used cars, motorbikes, campervans, vans, minibuses, caravans, trailers, boats, jet skis, trucks, ride on mowers, and tractors. It also provides secured and unsecured personal, and cash loans.
Money3 Fundamentals Summary
|MNY fundamental statistics|
Is MNY overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MNY income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.19|
|Net Profit Margin||26.99%|
How did MNY perform over the long term?See historical performance and comparison
3.1%Current Dividend Yield
Is Money3 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: MNY (A$3.23) is trading above our estimate of fair value (A$1.68)
Significantly Below Fair Value: MNY is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MNY is poor value based on its PE Ratio (17.4x) compared to the Australian Consumer Finance industry average (14.3x).
PE vs Market: MNY is good value based on its PE Ratio (17.4x) compared to the Australian market (20x).
Price to Earnings Growth Ratio
PEG Ratio: MNY is poor value based on its PEG Ratio (1x)
Price to Book Ratio
PB vs Industry: MNY is overvalued based on its PB Ratio (2x) compared to the AU Consumer Finance industry average (1.8x).
How is Money3 forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MNY's forecast earnings growth (16.8% per year) is above the savings rate (1.9%).
Earnings vs Market: MNY's earnings (16.8% per year) are forecast to grow faster than the Australian market (11.6% per year).
High Growth Earnings: MNY's earnings are forecast to grow, but not significantly.
Revenue vs Market: MNY's revenue (16% per year) is forecast to grow faster than the Australian market (5.5% per year).
High Growth Revenue: MNY's revenue (16% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MNY's Return on Equity is forecast to be low in 3 years time (16%).
How has Money3 performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MNY has high quality earnings.
Growing Profit Margin: MNY's current net profit margins (27%) are higher than last year (17.9%).
Past Earnings Growth Analysis
Earnings Trend: MNY's earnings have grown by 4.1% per year over the past 5 years.
Accelerating Growth: MNY's earnings growth over the past year (76.5%) exceeds its 5-year average (4.1% per year).
Earnings vs Industry: MNY earnings growth over the past year (76.5%) underperformed the Consumer Finance industry 171.9%.
Return on Equity
High ROE: MNY's Return on Equity (11.6%) is considered low.
How is Money3's financial position?
Financial Position Analysis
Short Term Liabilities: MNY's short term assets (A$245.3M) exceed its short term liabilities (A$64.8M).
Long Term Liabilities: MNY's short term assets (A$245.3M) exceed its long term liabilities (A$227.4M).
Debt to Equity History and Analysis
Debt Level: MNY's debt to equity ratio (77.6%) is considered high.
Reducing Debt: MNY's debt to equity ratio has increased from 31.1% to 77.6% over the past 5 years.
Debt Coverage: MNY's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MNY's interest payments on its debt are not well covered by EBIT (2.8x coverage).
What is Money3 current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MNY's dividend (3.1%) is higher than the bottom 25% of dividend payers in the Australian market (2.23%).
High Dividend: MNY's dividend (3.1%) is low compared to the top 25% of dividend payers in the Australian market (5.3%).
Stability and Growth of Payments
Stable Dividend: MNY's dividend payments have been volatile in the past 10 years.
Growing Dividend: MNY's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (50.4%), MNY's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: MNY's dividends in 3 years are forecast to be covered by earnings (53.7% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Scott Joseph Baldwin, B.Eng (Hons), MBA, GAICD, has been Managing Director of Money3 Corporation Limited since September 29, 2015 and serves as its Chief Executive Officer since 2015 and Executive Dire...
CEO Compensation Analysis
Compensation vs Market: Scott's total compensation ($USD1.17M) is above average for companies of similar size in the Australian market ($USD717.56K).
Compensation vs Earnings: Scott's compensation has increased by more than 20% in the past year.
Experienced Management: MNY's management team is considered experienced (2 years average tenure).
Experienced Board: MNY's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.
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: Shareholders have been diluted in the past year, with total shares outstanding growing by 14%.
Money3 Corporation Limited's employee growth, exchange listings and data sources
- Name: Money3 Corporation Limited
- Ticker: MNY
- Exchange: ASX
- Founded: 2005
- Industry: Consumer Finance
- Sector: Diversified Financials
- Market Cap: AU$682.257m
- Shares outstanding: 211.23m
- Website: https://www.money3.com.au
Number of Employees
- Money3 Corporation Limited
- 40 Graduate Road
- Level 1
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/23 07:05|
|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.