Mortgage Choice Limited (MOC) - Research

$1.110 0.005 (0.45%)

MOC General Information +

ASX Code MOC
Website http://www.mortgagechoice.com.au
GICS Sub-Industry Thrifts & Mortgage Finance
Market Cap ($M) 138
Current Price $1.110
Day High $1.110
Day Low $1.100
Last Close $1.115
Price Movement $0.00 ( 0.45% )
Prices as at 16:40, 20 Sep 2019
+Security prices are delayed by at least 20 minutes and are indicative only.

MOC Company Overview

Business Description

Mortgage Choice Limited (MOC) is a full financial services organisation helping Australians with their financial needs by delivering a range of financial choices teamed with expert advice. The Group's operations include Mortgage Broking, Financial Planning and Other Credit Services.

MOC Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2021 F 14.15 11.29 1.00% 9.83 6.00 5.41% 100.0%
2020 F 14.02 11.18 -0.10% 9.93 6.00 5.41% 100.0%
2019 A 14.03 11.19 -40.20% 10.52 6.00 5.10% 100.0%

MOC Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2019 A 2020 F 2021 F 2019 A 2020 F 2021 F 2019 A 2020 F 2021 F
Genworth Mortgage Insurance Australia (GMA) $1,423M -0.5436 0.7860 0.0403 21.0366 11.7788 11.3226 6.09% 11.57% 7.83%
Mortgage Choice (MOC) $139M 2.2153 0.0000 0.0000 10.2294 0.0000 0.0000 5.38% 0.00% 0.00%
MyState (MYS) $421M -0.0609 0.2110 0.0179 14.0682 11.6168 11.4130 6.22% 6.44% 6.66%

MOC Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.00 10.18 1.59 0.00
Market 0.86 16.80 1.61 1.83
Sector 0.82 12.80 1.35 1.74

MOC Directors

Name Position Start Date
Mr Peter G Higgins Non-Executive Director 30 Nov 1989
Mr Rodney Gordon Higgins Non-Executive Director 30 Jan 1986
Mr Sean J Clancy Non-Executive Director 18 May 2009
Mr Andrew Crawfurd Gale Non-Executive Director 21 Mar 2018
Ms Sarah Brennan Non-Executive Director 21 Mar 2018
Mr Dharmendra Chandran Non-Executive Director 20 Feb 2019
Ms Vicki L Allen Non-Executive Director, Non-Executive Chairman 19 Jun 2017

MOC Management

Name Position
Susan Mitchell Chief Executive Officer
Ian Parkes Chief Financial Officer,Company Secretary
N C Rose-Innes General Manager, Distribution
T J Milnes General Manager, Financial Planning
M J McCarney General Manager, Group Marketing
M J Pitton General Manager, Human Resources
E A Dupont-Brown General Manager, Product & Corporate Communications
V C ten Krooden Head of IT

MOC Substantial Shareholders

Holding Name
23,651,652 (18.92%) Spheria Asset Management Pty Limited
21,806,731 (17.45%) Commonwealth Bank of Australia
15,221,215 (12.18%) Rodney Gordon Higgins and Ochoa Pty Ltd
6,939,466 (5.55%) Pinnacle Investment Management Group Limited

MOC Calendar of Events

Date Event
20 August 2020 Report (Annual)
20 August 2020 Report (Prelim)
20 February 2020 Report (Interim)
16 October 2019 AGM
15 October 2019 Div Pay Date

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