OFX Group Limited (OFX) - Research

$1.530
Prices as at 16:00, 22 Apr 2019

OFX Current Share Price+

Current Price $1.530
Open $1.540
High $1.550
Low $1.520
Last Close $1.530
Volume 45318
Price Movement - ( No change )
  • +Security prices are delayed by at least 20 minutes and are indicative only.

OFX General Information

OFX Group Limited
OFX
http://www.ofx.com
Specialized Finance
380
243
OFX Group Limited
(OFX)
BUY
below
HOLD
up to
SELL
above
Current Price
$1.530 as at 16:00, 22 Apr 2019
Price at review
$1.530 on 12 Jun 18
Business Risk
Share Price Risk

OFX Related Research

OFX Company Overview

Business Description

OFX Group Limited (OFX, formerly OzForex Group Limited) is a provider of online international payment services for consumer and business clients and foreign exchange services. The OFX Group provides services under the brands OFX, CanadianForex, NZForex, Tranzfers and ClearFX. The Company has offices in Sydney, London, Toronto, San Francisco, Hong Kong, Auckland and United States.

OFX Financial Summary

Year to Mar NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2020 F 22.16 9.08 11.70% 16.85 6.38 4.17% 100.0%
2019 F 19.84 8.13 5.20% 18.82 5.72 3.74% 100.0%
2018 A 18.79 7.73 -4.00% 19.75 5.40 3.54% 100.0%

OFX 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
IMF Bentham (IMF) $544M 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 1.13% 0.00% 0.00%
OFX Group (OFX) $375M -0.0447 0.0572 0.1169 20.0910 19.0037 17.0154 3.50% 3.70% 4.13%

OFX Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.95 18.80 5.83 2.17
Market 0.93 16.70 1.52 1.50
Sector 0.95 13.30 1.01 1.81

OFX Directors

Name Position Start Date
Mr John (Skander) Alexander Malcolm Chief Executive Officer, Managing Director 1 Feb 2017
Mr Douglas Norman Snedden Non-Executive Director 16 Mar 2015
Mr Grant Bruce Murdoch Non-Executive Director 19 Sep 2013
Ms Lisa Frazier Non-Executive Director 1 Apr 2018
Ms Connie Carnabuci Non-Executive Director 1 Apr 2019
Mr Steven Andrew Sargent Non-Executive Director, Non-Executive Chairman 4 Aug 2016

OFX Management

Name Position
Freya Smith Chief Legal Officer,Company Secretary
Selena Verth Chief Financial Officer
Rebecca Shears Chief Marketing Officer
Adam Smith Chief Operating Officer
Mark Shaw Chief Risk Officer
Wendy Glasgow Chief Technology Officer
Naomi Dolmatoff Company Secretary
Mike Kennedy President, North America

OFX Substantial Shareholders

Holding Name
23,941,627 (9.98%) BT Investment Management Limited
20,931,883 (8.72%) Microequities Asset Management Pty Ltd
17,452,746 (7.27%) Northcape Capital Pty Ltd
15,710,057 (6.55%) Renaissance Smaller Companies Pty Ltd
12,681,180 (5.28%) Selector Funds Management Limited
12,594,871 (5.12%) Ellerston Capital Limited

OFX Calendar of Events

Date Event
19 November 2019 Report (Interim)
21 May 2019 Report (Annual)
21 May 2019 Report (Prelim)

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