| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 4/6 |
| Past Performance | 5/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
OFX Stock Overview
OFX Group Limited provides international payments and foreign exchange services in Australia, New Zealand, Europe, North America, Asia, and internationally.
Rewards
Risk Analysis
No risks detected for OFX from our risk checks.
OFX Group Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$2.16 |
| 52 Week High | AU$2.45 |
| 52 Week Low | AU$1.02 |
| Beta | 0.028 |
| 1 Month Change | -7.30% |
| 3 Month Change | 33.33% |
| 1 Year Change | 79.25% |
| 3 Year Change | 27.43% |
| 5 Year Change | 24.14% |
| Change since IPO | -15.63% |
Recent News & Updates
OFX Group Limited's (ASX:OFX) CEO Might Not Expect Shareholders To Be So Generous This Year
Shareholders will probably not be too impressed with the underwhelming results at OFX Group Limited ( ASX:OFX...
Shareholder Returns
| OFX | AU Diversified Financial | AU Market | |
|---|---|---|---|
| 7D | -5.7% | -4.6% | -2.8% |
| 1Y | 79.3% | -20.9% | 5.8% |
Return vs Industry: OFX exceeded the Australian Diversified Financial industry which returned -20.9% over the past year.
Return vs Market: OFX exceeded the Australian Market which returned 5.8% over the past year.
Price Volatility
| OFX volatility | |
|---|---|
| OFX Average Weekly Movement | 7.3% |
| Diversified Financial Industry Average Movement | 5.6% |
| Market Average Movement | 8.6% |
| 10% most volatile stocks in AU Market | 15.4% |
| 10% least volatile stocks in AU Market | 3.7% |
Stable Share Price: OFX is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: OFX's weekly volatility (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1998 | 400 | Skander Malcolm | https://www.ofx.com |
OFX Group Limited provides international payments and foreign exchange services in Australia, New Zealand, Europe, North America, Asia, and internationally. It operates through five segments, Australia and New Zealand, Europe, North America, Asia, and International Payment Solutions. The company offers international payment services, such as bank to bank currency transfer services to businesses and consumers.
OFX Group Fundamentals Summary
| OFX fundamental statistics | |
|---|---|
| Market Cap | AU$524.07m |
| Earnings (TTM) | AU$20.81m |
| Revenue (TTM) | AU$147.15m |
25.2x
P/E Ratio3.6x
P/S RatioIs OFX overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| OFX income statement (TTM) | |
|---|---|
| Revenue | AU$147.15m |
| Cost of Revenue | AU$14.52m |
| Gross Profit | AU$132.63m |
| Expenses | AU$111.82m |
| Earnings | AU$20.81m |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.086 |
| Gross Margin | 90.13% |
| Net Profit Margin | 14.14% |
| Debt/Equity Ratio | 0% |
How did OFX perform over the long term?
See historical performance and comparisonValuation
Is OFX Group undervalued compared to its fair value and its price relative to the market?
25.19x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: OFX (A$2.16) is trading above our estimate of fair value (A$1.64)
Significantly Below Fair Value: OFX is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: OFX is poor value based on its PE Ratio (25.2x) compared to the Australian Diversified Financial industry average (17.3x).
PE vs Market: OFX is poor value based on its PE Ratio (25.2x) compared to the Australian market (18.6x).
Price to Earnings Growth Ratio
PEG Ratio: OFX is poor value based on its PEG Ratio (2.2x)
Price to Book Ratio
PB vs Industry: OFX is overvalued based on its PB Ratio (5.7x) compared to the AU Diversified Financial industry average (1.1x).
Future Growth
How is OFX Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
11.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: OFX's forecast earnings growth (11.5% per year) is above the savings rate (1.9%).
Earnings vs Market: OFX's earnings (11.5% per year) are forecast to grow faster than the Australian market (11.1% per year).
High Growth Earnings: OFX's earnings are forecast to grow, but not significantly.
Revenue vs Market: OFX's revenue (18.6% per year) is forecast to grow faster than the Australian market (4.8% per year).
High Growth Revenue: OFX's revenue (18.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: OFX's Return on Equity is forecast to be high in 3 years time (22.1%)
Past Performance
How has OFX Group performed over the past 5 years?
-4.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: OFX has high quality earnings.
Growing Profit Margin: OFX's current net profit margins (14.1%) are higher than last year (11.1%).
Past Earnings Growth Analysis
Earnings Trend: OFX's earnings have declined by 4.1% per year over the past 5 years.
Accelerating Growth: OFX's earnings growth over the past year (40.1%) exceeds its 5-year average (-4.1% per year).
Earnings vs Industry: OFX earnings growth over the past year (40.1%) exceeded the Diversified Financial industry 26.8%.
Return on Equity
High ROE: OFX's Return on Equity (22.8%) is considered high.
Financial Health
How is OFX Group's financial position?
Financial Position Analysis
Short Term Liabilities: OFX's short term assets (A$337.9M) exceed its short term liabilities (A$260.7M).
Long Term Liabilities: OFX's short term assets (A$337.9M) exceed its long term liabilities (A$17.3M).
Debt to Equity History and Analysis
Debt Level: OFX is debt free.
Reducing Debt: OFX has not had any debt for past 5 years.
Debt Coverage: OFX has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: OFX has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is OFX Group current dividend yield, its reliability and sustainability?
2.15%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate OFX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate OFX'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 OFX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if OFX's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: OFX is not paying a notable dividend for the Australian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of OFX'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?
2.8yrs
Average management tenure
CEO
Skander Malcolm (52 yo)
4.92yrs
Tenure
AU$1,210,544
Compensation
Mr. John Alexander Malcolm, also known as Skander, serves as Chief Executive Officer and Managing Director at OFX Group Limited since February 01, 2017. Mr. Malcolm served as the Chief Executive Officer at...
CEO Compensation Analysis
Compensation vs Market: Skander's total compensation ($USD872.21K) is about average for companies of similar size in the Australian market ($USD751.45K).
Compensation vs Earnings: Skander's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: OFX's management team is considered experienced (2.8 years average tenure).
Board Members
Experienced Board: OFX's board of directors are considered experienced (5.2 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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
OFX Group Limited's employee growth, exchange listings and data sources
Key Information
- Name: OFX Group Limited
- Ticker: OFX
- Exchange: ASX
- Founded: 1998
- Industry: Specialized Finance
- Sector: Diversified Financials
- Implied Market Cap: AU$524.071m
- Shares outstanding: 242.63m
- Website: https://www.ofx.com
Number of Employees
Location
- OFX Group Limited
- 60 Margaret Street
- Level 19
- Sydney
- New South Wales
- 2000
- Australia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/22 07:02 |
| End of Day Share Price | 2022/01/21 00:00 |
| Earnings | 2021/09/30 |
| Annual Earnings | 2021/03/31 |
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.