Resimac Group (ASX:RMC) - Stock Price, News & Analysis

RMC Stock Overview

Provides residential mortgage and asset finance lending products in Australia and New Zealand. More details

RMC fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	5/6
Past Performance	1/6
Financial Health	3/6
Dividends	3/6

Rewards

Trading at 69.3% below our estimate of its fair value

Earnings are forecast to grow 22.7% per year

Analysts in good agreement that stock price will rise by 24.4%

Risk Analysis

Debt is not well covered by operating cash flow

Dividend of 8.33% is not well covered by free cash flows

Resimac Group Limited Competitors

Australian Finance Group

ASX:AFG

AU$417.0m

Pepper Money

ASX:PPM

AU$589.8m

Liberty Financial Group

ASX:LFG

AU$1.0b

Helia Group

ASX:HLI

AU$1.2b

Price History & Performance

Summary of all time highs, changes and price drops for Resimac Group
Historical stock prices
Current Share Price	AU$0.84
52 Week High	AU$1.24
52 Week Low	AU$0.79
Beta	2.03
11 Month Change	-2.33%
3 Month Change	-9.68%
1 Year Change	-2.89%
33 Year Change	-48.15%
5 Year Change	-31.98%
Change since IPO	90.91%

Recent updates

Shareholders of Resimac Group (ASX:RMC) Must Be Delighted With Their 355% Total Return

Feb 07

Do Insiders Own Lots Of Shares In Resimac Group Limited (ASX:RMC)?

Jan 10

Here's What You Should Know About Resimac Group Limited's (ASX:RMC) 1.9% Dividend Yield

Dec 13

Did Business Growth Power Resimac Group's (ASX:RMC) Share Price Gain of 102%?

Aug 10

Here's Why I Think Resimac Group (ASX:RMC) Might Deserve Your Attention Today

Jul 13

Shareholder Returns

	RMC	AU Diversified Financial	AU Market
7D	-2.9%	0.4%	1.5%
1Y	-2.9%	12.6%	17.2%

Return vs Industry: RMC underperformed the Australian Diversified Financial industry which returned 12.6% over the past year.

Return vs Market: RMC underperformed the Australian Market which returned 17.2% over the past year.

Price Volatility

Is RMC's price volatile compared to industry and market?
RMC volatility
RMC Average Weekly Movement	3.6%
Diversified Financial Industry Average Movement	6.7%
Market Average Movement	8.6%
10% most volatile stocks in AU Market	17.3%
10% least volatile stocks in AU Market	3.4%

Stable Share Price: RMC has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: RMC's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1985	n/a	Susan Wood-Hansen	www.resimac.com.au

Resimac Group Limited provides residential mortgage and asset finance lending products in Australia and New Zealand. The company operates through Home Loan Lending business, New Zealand Lending, and Asset Finance Lending segments. It offers prime and specialist lending products; SME/commercial finance products; and home and car loans.

Resimac Group Limited Fundamentals Summary

How do Resimac Group's earnings and revenue compare to its market cap?
RMC fundamental statistics
Market cap	AU$336.00m
Earnings (TTM)	AU$34.59m
Revenue (TTM)	AU$147.27m

9.7x

P/E Ratio

2.3x

P/S Ratio

Is RMC overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RMC income statement (TTM)
Revenue	AU$147.27m
Cost of Revenue	AU$16.05m
Gross Profit	AU$131.21m
Other Expenses	AU$96.62m
Earnings	AU$34.59m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.086
Gross Margin	89.10%
Net Profit Margin	23.49%
Debt/Equity Ratio	3,494.9%

How did RMC perform over the long term?

See historical performance and comparison

Dividends

8.3%

Current Dividend Yield

81%

Payout Ratio

RMC Stock Overview

Rewards

Risk Analysis

Resimac Group Limited Competitors

ASX:AFG

AU$417.0m

ASX:PPM

AU$589.8m

ASX:LFG

AU$1.0b

ASX:HLI

AU$1.2b

Price History & Performance

Recent News & Updates

Resimac Group Limited, Annual General Meeting, Nov 19, 2024

Final dividend of AU$0.035 announced

Full year 2024 earnings: Revenues miss analyst expectations

Resimac Group Limited to Report Fiscal Year 2024 Results on Aug 29, 2024

Investor sentiment improves as stock rises 20%

Consensus revenue estimates increase by 12%, EPS downgraded

Recent updates

Resimac Group Limited, Annual General Meeting, Nov 19, 2024

Final dividend of AU$0.035 announced

Full year 2024 earnings: Revenues miss analyst expectations

Resimac Group Limited to Report Fiscal Year 2024 Results on Aug 29, 2024

Investor sentiment improves as stock rises 20%

Consensus revenue estimates increase by 12%, EPS downgraded

First half dividend of AU$0.035 announced

First half 2024 earnings released: EPS: AU$0.051 (vs AU$0.097 in 1H 2023)

Resimac Group Limited to Report First Half, 2024 Results on Feb 27, 2024

Investor sentiment improves as stock rises 18%

Insufficient new directors

Resimac Group Limited Announces Resignation of Jason Azzopardi as Chief Financial Officer

Resimac Group Limited Announces Resignation of Jason Azzopardi as Chief Financial Officer

Resimac Group Limited, Annual General Meeting, Nov 14, 2023

Resimac Group Limited Announces Fully Franked Final Dividend for the Full Year Ended June 30, 2023, Payable September 20, 2023

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Investor sentiment improves as stock rises 15%

Resimac Group Limited to Report Fiscal Year 2023 Results on Aug 29, 2023

New major risk - Revenue and earnings growth

Upcoming dividend of AU$0.04 per share at 7.7% yield

Price target decreased by 8.2% to AU$1.28

First half 2023 earnings released: EPS: AU$0.097 (vs AU$0.13 in 1H 2022)

Resimac Group Limited to Report First Half, 2023 Results on Feb 24, 2023

Investor sentiment improved over the past week

Price target decreased to AU$1.43

Resimac Group Limited, Annual General Meeting, Nov 15, 2022

Investor sentiment deteriorated over the past week

Price target increased to AU$1.62

Upcoming dividend of AU$0.04 per share

Resimac Group Limited Announces Fully Franked Final Dividend for the Full Year Ended June 30, 2022, Payable on September 23, 2022

Full year 2022 earnings: Revenues miss analyst expectations

Resimac Group Limited to Report Q4, 2022 Results on Aug 26, 2022

Investor sentiment deteriorated over the past week

Price target decreased to AU$2.36

Price target decreased to AU$2.36

First half 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Resimac Group Limited Declares A Fully Franked Interim Dividend, Payable on March 24, 2022

Resimac Group Limited to Report First Half, 2022 Results on Feb 25, 2022

Here's Why I Think Resimac Group (ASX:RMC) Is An Interesting Stock

Price target decreased to AU$3.12

Resimac Group's (ASX:RMC) Upcoming Dividend Will Be Larger Than Last Year's

Full year 2021 earnings released: EPS AU$0.26 (vs AU$0.14 in FY 2020)

Chairman recently sold AU$93k worth of stock

Is Resimac Group Limited (ASX:RMC) A Good Fit For Your Dividend Portfolio?

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

Analysts increase EPS estimates to AU$0.26

First half 2021 earnings released: EPS AU$0.12 (vs AU$0.067 in 1H 2020)

Resimac Group Limited to Report First Half, 2021 Results on Feb 25, 2021

Investor sentiment improved over the past week

New 90-day high: AU$2.36

Shareholders of Resimac Group (ASX:RMC) Must Be Delighted With Their 355% Total Return

New 90-day high: AU$2.35

Resimac Group Limited (ASX:RMC) exercised its option to acquire remaining 40% stake in International Acceptance Pty Ltd. for AUD 8 million.

Do Insiders Own Lots Of Shares In Resimac Group Limited (ASX:RMC)?

New 90-day high: AU$2.02

Here's What You Should Know About Resimac Group Limited's (ASX:RMC) 1.9% Dividend Yield

Resimac Group Ltd Appoints Caroline Waldron as an Independent Non-Executive Director

Market bids up stock over the past week

Market bids up stock over the past week