Money3 Corporation Limited provides automotive finance in Australia and New Zealand.
Established dividend payer with proven track record.
Share Price & News
How has Money3's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MNY's share price has been volatile over the past 3 months.
7 Day Return
AU Consumer Finance
1 Year Return
AU Consumer Finance
Return vs Industry: MNY underperformed the Australian Consumer Finance industry which returned 56.9% over the past year.
Return vs Market: MNY exceeded the Australian Market which returned 10.9% over the past year.
Price Volatility Vs. Market
How volatile is Money3's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StHow Does Money3 Corporation Limited (ASX:MNY) Stand Up To These Simple Dividend Safety Checks?
4 weeks ago | Simply Wall StThe Money3 (ASX:MNY) Share Price Is Up 47% And Shareholders Are Holding On
1 month ago | Simply Wall StDo Institutions Own Money3 Corporation Limited (ASX:MNY) Shares?
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$2.83) is trading above our estimate of fair value (A$2.14)
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 (18.2x) compared to the Consumer Finance industry average (11.6x).
PE vs Market: MNY is poor value based on its PE Ratio (18.2x) compared to the Australian market (18.2x).
Price to Earnings Growth Ratio
PEG Ratio: MNY is poor value based on its PEG Ratio (1.2x)
Price to Book Ratio
PB vs Industry: MNY is good value based on its PB Ratio (2.1x) compared to the AU Consumer Finance industry average (2.1x).
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 (14.7% per year) is above the savings rate (1.1%).
Earnings vs Market: MNY's earnings (14.7% per year) are forecast to grow faster than the Australian market (9.5% per year).
High Growth Earnings: MNY's earnings are forecast to grow, but not significantly.
Revenue vs Market: MNY's revenue (15.3% per year) is forecast to grow faster than the Australian market (4.1% per year).
High Growth Revenue: MNY's revenue (15.3% 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 (15%).
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 (24.8%) are lower than last year (32.4%).
Past Earnings Growth Analysis
Earnings Trend: MNY's earnings have grown by 11.9% per year over the past 5 years.
Accelerating Growth: MNY's earnings growth over the past year (62.3%) exceeds its 5-year average (11.9% per year).
Earnings vs Industry: MNY earnings growth over the past year (62.3%) exceeded the Consumer Finance industry 10.7%.
Return on Equity
High ROE: MNY's Return on Equity (11.2%) is considered low.
Return on Assets
Return on Capital Employed
How is Money3's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: MNY has a low level of unsold assets or inventory.
Debt Coverage by Assets: MNY's debt is covered by short term assets (assets are 1.1x debt).
Financial Institutions Analysis
Asset Level: MNY's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if MNY has a sufficient allowance for bad loans.
Low Risk Liabilities: MNY reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if MNY has an acceptable proportion of non-loan assets held.
Low Risk Deposits: MNY has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if MNY has an appropriate level of bad loans.
What is Money3's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Purchase Money3 before the 'Buy Limit' to receive their next dividend payment.
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: MNY's dividend (3.53%) is higher than the bottom 25% of dividend payers in the Australian market (2.44%).
High Dividend: MNY's dividend (3.53%) is low compared to the top 25% of dividend payers in the Australian market (5.53%).
Stability and Growth of Payments
Stable Dividend: MNY's dividends per share have been stable 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 (64.4%), 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 (57% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Scott Baldwin 0
Mr. Scott Joseph Baldwin, B.Eng (Hons) MBA GAICD has been Managing Director of Money3 Corporation Limited since September 29, 2015 and also serves as its Chief Executive Officer and Executive Director. Mr. ...
CEO Compensation Analysis
Compensation vs Market: Scott's total compensation ($USD927.38K) is above average for companies of similar size in the Australian market ($USD693.75K).
Compensation vs Earnings: Scott's compensation has increased by more than 20% in the past year.
|CEO, MD & Executive Director||4.4yrs||AU$1.40m||0.37% A$2.0m|
|Chief Financial Officer||1.9yrs||AU$474.14k||0.027% A$140.7k|
|Chief Information Officer||3.1yrs||AU$350.65k||0.026% A$137.9k|
|General Manager of Lending||0yrs||AU$585.02k||1.28% A$6.7m|
|Chief Operating Officer||0.7yrs||no data||no data|
|Head of Marketing||0yrs||no data||no data|
|Company Secretary||3.3yrs||no data||no data|
|Chief Executive Officer of Go Car Finance - New Zealand||0yrs||no data||no data|
Experienced Management: MNY's management team is considered experienced (3.1 years average tenure).
|CEO, MD & Executive Director||4.4yrs||AU$1.40m||0.37% A$2.0m|
|Independent Non-Executive Director||0.4yrs||no data||no data|
|Independent Non-Executive Director||1.3yrs||AU$63.69k||0.0085% A$44.5k|
Experienced Board: MNY's board of directors are not considered experienced ( 1.3 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 6.3%.
Money3 Corporation Limited's company bio, employee growth, exchange listings and data sources
- Name: Money3 Corporation Limited
- Ticker: MNY
- Exchange: ASX
- Industry: Consumer Finance
- Sector: Diversified Financials
- Market Cap: AU$521.460m
- Shares outstanding: 184.26m
- Website: https://www.money3.com.au
Number of Employees
- Money3 Corporation Limited
- 40 Graduate Road
- Level 1
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MNY||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Oct 2006|
|MNY||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Oct 2006|
Money3 Corporation Limited provides automotive finance in Australia and New Zealand. The company offers vehicle loans that include loans for new and used cars, campervans, vans, minibuses, motorbikes, caravans, utes, trailers, boats, jet skis, trucks, ride on mowers, and tractors. It also provides secured and unsecured personal, and cash loans. The company provides loans through brokers under the Money3 and GoCarFinance brand names. Money3 Corporation Limited is headquartered in Bundoora, Australia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/27 10:38|
|End of Day Share Price||2020/02/27 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.