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GFL

Geneva Finance NZSE:GFL Stock Report

Last Price

NZ$0.53

Market Cap

NZ$37.5m

7D

0%

1Y

-23.2%

Updated

09 Aug, 2022

Data

Company Financials
GFL fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance2/6
Financial Health2/6
Dividends4/6

GFL Stock Overview

Geneva Finance Limited lends money to individuals, companies, and other entities primarily in New Zealand and Tonga.

Geneva Finance Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Geneva Finance
Historical stock prices
Current Share PriceNZ$0.53
52 Week HighNZ$0.82
52 Week LowNZ$0.50
Beta0.23
1 Month Change1.92%
3 Month Change-18.46%
1 Year Change-23.19%
3 Year Change-3.64%
5 Year Change-17.19%
Change since IPO-41.76%

Recent News & Updates

May 11
Is Now The Time To Put Geneva Finance (NZSE:GFL) On Your Watchlist?

Is Now The Time To Put Geneva Finance (NZSE:GFL) On Your Watchlist?

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...

Sep 08
This Is Why We Think Geneva Finance Limited's (NZSE:GFL) CEO Might Get A Pay Rise Approved By Shareholders

This Is Why We Think Geneva Finance Limited's (NZSE:GFL) CEO Might Get A Pay Rise Approved By Shareholders

The decent performance at Geneva Finance Limited ( NZSE:GFL ) recently will please most shareholders as they go into...

Aug 17
We Discuss Why Geneva Finance Limited's (NZSE:GFL) CEO May Deserve A Higher Pay Packet

We Discuss Why Geneva Finance Limited's (NZSE:GFL) CEO May Deserve A Higher Pay Packet

Shareholders will be pleased by the robust performance of Geneva Finance Limited ( NZSE:GFL ) recently and this will be...

Shareholder Returns

GFLNZ Consumer FinanceNZ Market
7D0%-1.8%1.4%
1Y-23.2%-52.0%-11.3%

Return vs Industry: GFL exceeded the NZ Consumer Finance industry which returned -52% over the past year.

Return vs Market: GFL underperformed the NZ Market which returned -11.3% over the past year.

Price Volatility

Is GFL's price volatile compared to industry and market?
GFL volatility
GFL Average Weekly Movement5.9%
Consumer Finance Industry Average Movement9.3%
Market Average Movement4.4%
10% most volatile stocks in NZ Market8.3%
10% least volatile stocks in NZ Market3.0%

Stable Share Price: GFL is not significantly more volatile than the rest of NZ stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: GFL's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
200257n/ahttps://genevafinance.co.nz

Geneva Finance Limited lends money to individuals, companies, and other entities primarily in New Zealand and Tonga. The company operates through Corporate, New Business, Insurance, Old Business, Invoice Factoring, and Overseas segments. It offers personal and car loans.

Geneva Finance Fundamentals Summary

How do Geneva Finance's earnings and revenue compare to its market cap?
GFL fundamental statistics
Market CapNZ$37.51m
Earnings (TTM)NZ$5.51m
Revenue (TTM)NZ$39.21m

6.9x

P/E Ratio

1.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
GFL income statement (TTM)
RevenueNZ$39.21m
Cost of RevenueNZ$23.64m
Gross ProfitNZ$15.57m
Other ExpensesNZ$10.06m
EarningsNZ$5.51m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.076
Gross Margin39.71%
Net Profit Margin14.06%
Debt/Equity Ratio220.7%

How did GFL perform over the long term?

See historical performance and comparison

Dividends

7.5%

Current Dividend Yield

53%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is GFL undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for GFL?

Other financial metrics that can be useful for relative valuation.

GFL key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDAn/a
PEG Ration/a

Price to Earnings Ratio vs Peers

How does GFL's PE Ratio compare to its peers?

GFL PE Ratio vs Peers
The above table shows the PE ratio for GFL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average7.7x
COCR.N0000 Commercial Credit and Finance
2xn/aLK₨9.1b
534680 SRG Housing Finance
9.8xn/a₹2.1b
TRUS Trust Finance Indonesia
15.7xn/aRp342.4b
CDB.N0000 Citizens Development Business Finance
3.4xn/aLK₨11.0b
GFL Geneva Finance
6.9xn/aNZ$37.5m

Price-To-Earnings vs Peers: GFL is good value based on its Price-To-Earnings Ratio (6.9x) compared to the peer average (7.7x).


Price to Earnings Ratio vs Industry

How does GFL's PE Ratio compare vs other companies in the Global Consumer Finance Industry?

Price-To-Earnings vs Industry: GFL is good value based on its Price-To-Earnings Ratio (6.9x) compared to the Oceanic Consumer Finance industry average (9.5x)


Price to Earnings Ratio vs Fair Ratio

What is GFL's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

GFL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio6.9x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate GFL's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of GFL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: GFL (NZ$0.53) is trading below our estimate of fair value (NZ$0.88)

Significantly Below Fair Value: GFL is trading below fair value by more than 20%.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is Geneva Finance forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


15.4%

Forecasted Diversified Financials industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Geneva Finance has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Discover growth companies

  • Examine whether Geneva Finance is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  • Geneva Finance competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Geneva Finance performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


0.9%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: GFL has high quality earnings.

Growing Profit Margin: GFL's current net profit margins (14.1%) are lower than last year (20.5%).


Past Earnings Growth Analysis

Earnings Trend: GFL's earnings have grown by 0.9% per year over the past 5 years.

Accelerating Growth: GFL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: GFL had negative earnings growth (-10.9%) over the past year, making it difficult to compare to the Consumer Finance industry average (14.3%).


Return on Equity

High ROE: GFL's Return on Equity (15.7%) is considered low.


Discover strong past performing companies

Financial Health

How is Geneva Finance's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: GFL's short term assets (NZ$144.2M) exceed its short term liabilities (NZ$12.2M).

Long Term Liabilities: GFL's short term assets (NZ$144.2M) exceed its long term liabilities (NZ$105.7M).


Debt to Equity History and Analysis

Debt Level: GFL's net debt to equity ratio (116.6%) is considered high.

Reducing Debt: GFL's debt to equity ratio has increased from 218% to 220.7% over the past 5 years.

Debt Coverage: GFL's debt is not well covered by operating cash flow (14%).

Interest Coverage: Insufficient data to determine if GFL's interest payments on its debt are well covered by EBIT.


Balance Sheet


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Dividend

What is Geneva Finance current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


7.55%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: GFL's dividend (7.55%) is higher than the bottom 25% of dividend payers in the NZ market (2.99%).

High Dividend: GFL's dividend (7.55%) is in the top 25% of dividend payers in the NZ market (5.86%)


Stability and Growth of Payments

Stable Dividend: GFL has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: GFL's dividend payments have increased, but the company has only paid a dividend for 5 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (52.9%), GFL's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (25.2%), GFL's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

8.8yrs

Average board tenure


CEO

Geneva Finance has no CEO, or we have no data on them.


Board Members

Experienced Board: GFL's board of directors are considered experienced (8.8 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

Geneva Finance Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Geneva Finance Limited
  • Ticker: GFL
  • Exchange: NZSE
  • Founded: 2002
  • Industry: Consumer Finance
  • Sector: Diversified Financials
  • Implied Market Cap: NZ$37.508m
  • Shares outstanding: 72.13m
  • Website: https://genevafinance.co.nz

Number of Employees


Location

  • Geneva Finance Limited
  • 6B Pacific Rise
  • Mount Wellington
  • Auckland
  • 1741
  • New Zealand

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/09 00:00
End of Day Share Price2022/08/09 00:00
Earnings2022/03/31
Annual Earnings2022/03/31


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.