OFX Group Future Growth

Future criteria checks 4/6

OFX Group is forecast to grow earnings and revenue by 20.2% and 6.5% per annum respectively. EPS is expected to grow by 17.6% per annum. Return on equity is forecast to be 16.2% in 3 years.

Key information

20.2%

Earnings growth rate

17.6%

EPS growth rate

Diversified Financial earnings growth	7.7%
Revenue growth rate	6.5%
Future return on equity	16.2%
Analyst coverage	Low
Last updated	18 Nov 2024

Recent future growth updates

Recent updates

Market Cool On OFX Group Limited's (ASX:OFX) Earnings Pushing Shares 31% Lower

Oct 17

OFX Group Limited's (ASX:OFX) Shares Leap 35% Yet They're Still Not Telling The Full Story

May 22

Here's Why We Think OFX Group (ASX:OFX) Might Deserve Your Attention Today

Nov 14

Is Now The Time To Put OFX Group (ASX:OFX) On Your Watchlist?

Jul 07

OFX Group Limited's (ASX:OFX) CEO Might Not Expect Shareholders To Be So Generous This Year

Aug 19

We Wouldn't Be Too Quick To Buy OFX Group Limited (ASX:OFX) Before It Goes Ex-Dividend

Nov 20

Earnings and Revenue Growth Forecasts

ASX:OFX - Analysts future estimates and past financials data (AUD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
3/31/2027	277	42	46	63	2
3/31/2026	251	36	38	58	3
3/31/2025	229	27	25	47	3
9/30/2024	239	26	28	45	N/A
6/30/2024	241	29	33	53	N/A
3/31/2024	243	31	38	61	N/A
12/31/2023	241	32	72	58	N/A
9/30/2023	239	32	108	58	N/A
6/30/2023	234	32	67	53	N/A
3/31/2023	229	31	26	47	N/A
12/31/2022	213	30	-8	48	N/A
9/30/2022	197	29	-43	48	N/A
6/30/2022	178	27	-3	48	N/A
3/31/2022	158	25	36	48	N/A
12/31/2021	153	23	32	43	N/A
9/30/2021	147	20	29	37	N/A
6/30/2021	141	16	23	32	N/A
3/31/2021	135	12	17	27	N/A
12/31/2020	134	13	18	29	N/A
9/30/2020	134	15	19	31	N/A
6/30/2020	136	18	20	31	N/A
3/31/2020	138	20	20	31	N/A
12/31/2019	134	18	12	22	N/A
9/30/2019	130	16	4	13	N/A
6/30/2019	130	17	9	18	N/A
3/31/2019	130	17	13	22	N/A
12/31/2018	129	18	21	30	N/A
9/30/2018	128	19	30	37	N/A
6/30/2018	124	19	N/A	34	N/A
3/31/2018	121	19	N/A	32	N/A
12/31/2017	118	18	N/A	33	N/A
9/30/2017	115	18	N/A	34	N/A
6/30/2017	115	19	N/A	28	N/A
3/31/2017	115	20	N/A	23	N/A
12/31/2016	114	20	N/A	14	N/A
9/30/2016	113	20	N/A	6	N/A
6/30/2016	113	21	N/A	11	N/A
3/31/2016	113	22	N/A	16	N/A
12/31/2015	112	23	N/A	25	N/A
9/30/2015	111	24	N/A	35	N/A
6/30/2015	104	24	N/A	37	N/A
3/31/2015	97	24	N/A	39	N/A
12/31/2014	91	21	N/A	38	N/A
9/30/2014	85	18	N/A	38	N/A
6/30/2014	82	17	N/A	53	N/A
3/31/2014	78	16	N/A	68	N/A
12/31/2013	73	17	N/A	63	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: OFX's forecast earnings growth (20.2% per year) is above the savings rate (2.6%).

Earnings vs Market: OFX's earnings (20.2% per year) are forecast to grow faster than the Australian market (12.4% per year).

High Growth Earnings: OFX's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: OFX's revenue (6.5% per year) is forecast to grow faster than the Australian market (5.7% per year).

High Growth Revenue: OFX's revenue (6.5% 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 low in 3 years time (16.2%).

OFX Group Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Price target decreased by 8.6% to AU$2.39

Consensus EPS estimates fall by 19%

OFX Group Limited Provides Earnings Guidance for the Six Months Ended 30 September 2024 and Second Half and Full Year of 2025

Price target increased by 9.3% to AU$2.46

Price target decreased by 9.0% to AU$2.81

Price target increased to AU$3.08

Recent updates

CEO, MD & Executive Director recently bought AU$248k worth of stock

OFX Group Limited to Report First Half, 2026 Results on Nov 11, 2025

First half 2025 earnings released: EPS: AU$0.045 (vs AU$0.065 in 1H 2024)

Price target decreased by 8.6% to AU$2.39

Consensus EPS estimates fall by 19%

OFX Group Limited Provides Earnings Guidance for the Six Months Ended 30 September 2024 and Second Half and Full Year of 2025

Market Cool On OFX Group Limited's (ASX:OFX) Earnings Pushing Shares 31% Lower

Investor sentiment deteriorates as stock falls 36%

CEO, MD & Executive Director recently sold AU$918k worth of stock

Price target increased by 9.3% to AU$2.46

OFX Group Limited's (ASX:OFX) Shares Leap 35% Yet They're Still Not Telling The Full Story

Full year 2024 earnings released: EPS: AU$0.13 (vs AU$0.13 in FY 2023)

Investor sentiment improves as stock rises 21%

OFX Group Limited to Report First Half, 2025 Results on Nov 12, 2024

Non-Executive Independent Director recently bought AU$72k worth of stock

First half 2024 earnings released: EPS: AU$0.065 (vs AU$0.062 in 1H 2023)

Here's Why We Think OFX Group (ASX:OFX) Might Deserve Your Attention Today

OFX Group Limited Announces Change of Company Secretary

OFX Group Limited (ASX:OFX) completed the acquisition of PTRN Pty Ltd.

Full year 2023 earnings: Revenues and EPS in line with analyst expectations

Investor sentiment improves as stock rises 22%

Investor sentiment deteriorates as stock falls 22%

Price target decreased by 9.0% to AU$2.81

Now 24% undervalued after recent price drop

Investor sentiment deteriorates as stock falls 16%

Now 21% undervalued after recent price drop

CEO, MD & Executive Director recently bought AU$99k worth of stock

Price target increased to AU$3.08

OFX Group Limited Announces Executive Changes

Now 20% undervalued after recent price drop

Consensus EPS estimates increase by 56%

First half 2023 earnings released: EPS: AU$0.06 (vs AU$0.045 in 1H 2022)

OFX Group Limited, Annual General Meeting, Aug 03, 2023

Now 23% undervalued

OFX Group Limited Appoints Patricia Cross as Director

Is Now The Time To Put OFX Group (ASX:OFX) On Your Watchlist?

OFX Group Limited Announces Board Changes

Consensus EPS estimates increase by 13%

Full year 2022 earnings: Revenues and EPS in line with analyst expectations

OFX Group Limited (ASX:OFX) completed the acquisition of FIRMA Foreign Exchange Corporation.

Price target increased to AU$3.00

OFX Group Limited to Report First Half, 2023 Results on Nov 08, 2022

Price target increased to AU$3.00

Consensus EPS estimates increase by 12%

Investor sentiment improved over the past week

OFX Group Limited (ASX:OFX) entered into an agreement to acquire FIRMA Foreign Exchange Corporation for CAD 90 million.

Consensus forecasts updated

First half 2022 earnings released: EPS AU$0.045 (vs AU$0.012 in 1H 2021)

Price target increased to AU$1.85

OFX Group Limited's (ASX:OFX) CEO Might Not Expect Shareholders To Be So Generous This Year

Insider recently bought AU$100k worth of stock

Full year 2021 earnings released: EPS AU$0.053 (vs AU$0.084 in FY 2020)

OFX Group Limited Not Announces Final Dividend for the Year of 2021

Investors In OFX Group Limited (ASX:OFX) Should Consider This, First

Have Insiders Been Buying OFX Group Limited (ASX:OFX) Shares?

New 90-day low: AU$1.15

OFX Group Limited Appoints Catherine Louise Kovacs as A Non-Executive Director

New 90-day high: AU$1.31

OFX Group Limited, Annual General Meeting, Aug 26, 2021

What Percentage Of OFX Group Limited (ASX:OFX) Shares Do Insiders Own?

Is OFX Group Limited (ASX:OFX) A Strong Dividend Stock?

How Is OFX Group's (ASX:OFX) CEO Paid Relative To Peers?

Need To Know: OFX Group Limited (ASX:OFX) Insiders Have Been Buying Shares

We Wouldn't Be Too Quick To Buy OFX Group Limited (ASX:OFX) Before It Goes Ex-Dividend

First half 2021 earnings released: EPS AU$0.012

OFX Group Limited Announces Strategic Alliance with Wisetech Global

New 90-day high: AU$1.33

New 90-day low - AU$1.10

New 90-day low - AU$1.16