$12.30

0.09 (0.74%)

23 May 2016
Buy
below
Hold
up to
Sell
above
Buy Hold Sell Meter
Locked Recommendation

Analysis

Overview

Current recommendation Preview

General Information

Credit Corp Group Limited
CCP
http://www.creditcorp.com.au
Diversified Support Services
578
47

Current Price Data+

Current Price $12.300
Open $12.170
High $12.340
Low $12.120
Last Close $12.210
Volume 151466
Price Movement $0.09 ( 0.74% )
  • +Security prices are delayed by least 20 minutes and are indicative only.

Stock Price

Current Broker Consensus Recommendation

Strong Buy
30 May 2016
2

Company Overview

Business Description

Credit Corp Group Limited (CCP) is an Australian receivables management company which provides debt purchase and debt collection services, primarily focusing on the acquisition of purchased debt ledgers (PDLs) comprised of distressed consumer debt from Australian and New Zealand banks, finance companies, and telecommunication companies. CCP has a recent expansion to USA.

Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2017 F 0.0 104.9 10.5% 11.7 53.0 4.3% 0.0%
2016 F 0.0 95.0 14.4% 12.9 48.0 3.9% 0.0%
2015 A 38.4 83.0 10.1% 12.5 44.0 4.2% 100.0%

Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2015 A 2016 F 2017 F 2015 A 2016 F 2017 F 2015 A 2016 F 2017 F
Brambles (BXB) $20,459M 0.2683 0.1039 0.1339 24.8555 22.5170 19.8584 2.83% 2.56% 2.93%
Credit Corp Group (CCP) $574M 0.1007 0.1440 0.1047 14.7055 12.8540 11.6352 3.60% 3.93% 4.34%
Downer EDI (DOW) $1,661M -0.0239 -0.2688 -0.0792 8.7082 11.9098 12.9342 6.14% 5.63% 4.47%
Mineral Resources (MIN) $1,504M -0.9379 7.7533 -0.7266 96.8712 11.0668 40.4726 2.80% 2.48% 2.48%
Spotless Group Holdings (SPO) $1,258M 1.8193 0.0313 0.0081 8.7338 8.4689 8.4006 8.73% 6.11% 6.11%

Financial Summary

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.70 13.10 3.16 1.05
Market 1.00 16.60 1.32 1.61
Sector 1.08 12.40 1.74 1.21

Directors

Name Position Start Date
Mr Richard J Thomas Non-Executive Director 22 Sep 2006
Mr Robert Fitz-Gerald Shaw Non-Executive Director 31 Mar 2008
Mr Eric Dodd Non-Executive Director 1 Jul 2009
Ms Leslie Martin Non-Executive Director 20 Mar 2014
Mr Donald Evan McLay Non-Executive Director, Non-Executive Chairman 31 Mar 2008

Management

Name Position
Michael Eadie Chief Financial Officer,Company Secretary
Matthew Angell Chief Operating Officer
Thomas Beregi Company Secretary,Chief Executive Officer
Geoffrey Templeton Compliance Manager,Company Secretary

Substantial Shareholders

Holding Name
3,530,180 (7.63%) Denver Investment Advisors LLC
2,351,062 (5.08%) Georgia Division Of Investment Services
2,318,275 (5.01%) National Australia Bank Limited and associated companies

Calendar of Events

Date Event
26 January 2017 Report (Interim)
29 September 2016 Report (Annual)
02 August 2016 Report (Prelim)
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