FlexiGroup Limited (FXL) - Research

$1.750 0.03 (1.74%)

FXL General Information +

ASX Code FXL
Website http://www.flexigroup.com.au
GICS Sub-Industry Consumer Finance
Market Cap ($M) 690
Current Price $1.750
Day High $1.765
Day Low $1.720
Last Close $1.720
Price Movement $0.03 ( 1.74% )
Prices as at 10:55, 19 Jun 2019
+Security prices are delayed by at least 20 minutes and are indicative only.

FXL Company Overview

Business Description

FlexiGroup Limited (FXL) is a diversified financial services group providing no interest ever, leasing, vendor finance programs, interest free and credit cards, lay-by and other finance solutions to consumers and businesses. FXL operates in Australia, New Zealand and Ireland within a diverse range of industries including: home improvement, solar energy, fitness, IT, electrical appliances, travel and trade equipment.

FXL Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2020 F 73.15 18.55 -6.50% 9.27 7.00 4.07% 100.0%
2019 F 76.20 19.83 -15.90% 8.67 7.00 4.07% 100.0%
2018 A 88.20 23.58 -5.50% 7.57 7.70 4.31% 100.0%

FXL Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2018 A 2019 F 2020 F 2018 A 2019 F 2020 F 2018 A 2019 F 2020 F
Credit Corp Group (CCP) $1,411M 0.1656 0.0954 0.1388 19.2221 17.5487 15.4104 2.61% 2.88% 3.27%
Eclipx Group (ECX) $430M -0.0512 -0.4007 0.0992 6.1528 10.2672 9.3403 11.90% 0.00% 7.43%
FlexiGroup (FXL) $682M -0.0658 -0.0993 0.0546 7.6684 8.5138 8.0728 4.45% 4.31% 4.42%
Money3 Corporation (MNY) $386M 0.0542 0.1013 0.0952 10.8997 9.8973 9.0367 4.48% 4.72% 3.54%

FXL Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.60 8.43 1.03 0.00
Market 0.88 17.10 1.49 1.65
Sector 0.90 12.90 1.03 1.65

FXL Directors

Name Position Start Date
Mr John Malcolm Rodney Wylie Non-Executive Director 21 Mar 2019
Mr Rajeev Dhawan Non-Executive Director 28 Feb 2003
Ms Carole Louise Campbell Non-Executive Director 17 May 2018
Ms Christine Christian Non-Executive Director 1 Dec 2016
Ms Jodie Leonard Non-Executive Director 1 Dec 2016
Mr Andrew Abercrombie Non-Executive Director, Non-Executive Chairman 14 Nov 2006

FXL Management

Name Position
Rebecca James Chief Executive Officer
Isobel Rogerson Company Secretary

FXL Substantial Shareholders

Holding Name
90,766,593 (24.25%) The Abercrombie Group Pty Ltd (Formerly Eight SRJ Pty Limited)

FXL Calendar of Events

Date Event
25 February 2020 Report (Interim)
25 September 2019 Report (Annual)
20 August 2019 Report (Prelim)

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