AUSTRALIAN FINANCE GROUP LIMITED (AFG)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

AFG - AUSTRALIAN FINANCE GROUP LIMITED

FNArena Sector : Banks
Year End: June
GICS Industry Group : Banks
Debt/EBITDA: 15.66
Index: ASX300 | ALL-ORDS

Australian Finance Group is one of Australia's largest mortgage broking groups and financial solutions providers. Established in 1994, it listed on the ASX in 2015.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$1.53

19 Dec
2024

0.000

OPEN

$1.54

0.000

HIGH

$1.54

259,957

LOW

$1.52

TARGET
$1.63 6.5% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
ABA . ANZ . BEN . BOQ . CBA . HLI . MYS . NAB . RMC . SUN . WBC .
FNARENA'S MARKET CONSENSUS FORECASTS
AFG: 1
Title FY23
Actual		 FY24
Actual		 FY25
Forecast		 FY26
Forecast
EPS (cps) xxx 10.7 12.7 xxx
DPS (cps) xxx 8.0 8.6 xxx
EPS Growth xxx - 22.4% 18.5% xxx
DPS Growth xxx - 25.2% 7.5% xxx
PE Ratio xxx N/A 11.9 xxx
Dividend Yield xxx N/A 5.7% xxx
Div Pay Ratio(%) xxx 74.6% 67.7% xxx

Dividend yield today if purchased 3 years ago: 3.10%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 5.30

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 07/03 - ex-div 4c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx10.7
DPS All xxxxxxxxxxxxxxx8.0
Sales/Revenue xxxxxxxxxxxxxxx1,097.0 M
Book Value Per Share xxxxxxxxxxxxxxx71.8
Net Operating Cash Flow xxxxxxxxxxxxxxx46.4 M
Net Profit Margin xxxxxxxxxxxxxxx2.64 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx15.52 %
Return on Invested Capital xxxxxxxxxxxxxxx1.26 %
Return on Assets xxxxxxxxxxxxxxx0.46 %
Return on Equity xxxxxxxxxxxxxxx15.52 %
Return on Total Capital xxxxxxxxxxxxxxx5.94 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx24.1 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201920202021202220232024
Short-Term Debt xxxxxxxxxxxxxxx2,363 M
Long Term Debt xxxxxxxxxxxxxxx2,207 M
Total Debt xxxxxxxxxxxxxxx4,570 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx222 M
Price To Book Value xxxxxxxxxxxxxxx1.92

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx17.8 M
Capex % of Sales xxxxxxxxxxxxxxx1.63 %
Cost of Goods Sold xxxxxxxxxxxxxxx734 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx79 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx4,452 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.0

No. Of Recommendations

2
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Macquarie

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Citi

05/09/2024

3

Neutral

$1.65

7.84%

Citi observes the performance of non-bank lenders is closely linked to interest rates with the downward move in the longer dated yields coinciding with a possible trough in earnings.

The recent underperformance of the sector reflects concerns around a deterioration in asset quality and increased competition.

Historically, non-bank lenders either pick up market share or expand net interest margins as the cycle turns, but not usually both, Citi highlights.

On balance tailwinds are developing for the sector but a "nuanced" approach is suggested.

Neutral rating on Australian Finance Group. Target $1.65.

FORECAST
Citi forecasts a full year FY25 dividend of 8.60 cents and EPS of 11.60 cents.
Citi forecasts a full year FY26 dividend of 8.90 cents and EPS of 14.60 cents.
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

0

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY
Access Extra Coverage Research History >

AFG STOCK CHART

FNArena News on AFG

1
FNArena Corporate Results Monitor – 02-09-2024

Sep 02 2024 - Australia
2
Weekly Ratings, Targets, Forecast Changes – 26-07-24

Jul 29 2024 - Weekly Reports
3
Weekly Ratings, Targets, Forecast Changes – 12-04-24

Apr 15 2024 - Weekly Reports
4
ESG Focus: Decarbonisation, Renewables & Cyber Crime

Apr 03 2024 - ESG Focus
5
Weekly Ratings, Targets, Forecast Changes – 01-03-24

Mar 04 2024 - Weekly Reports

Latest Banks News

1
ANZ Bank Shares Look Poised

Oct 29 2024 - Technicals
2
Australian Banks: When The End Of The Trend?

Oct 07 2024 - Feature Stories
3
CBA Shares Find Technical Support

Oct 01 2024 - Technicals
4
June In Review: FY24 Another Double Digit Return

Jul 03 2024 - Australia
5
In Brief: Gas, Gold, Groceries & Aussie Banks

Jun 07 2024 - Weekly Reports
6
Better Value In Smaller Banks?

Jun 03 2024 - Small Caps
7
Australian Banks Post First Half Results: Sugar Hit

May 23 2024 - Feature Stories
8
Rudi’s View: ANZ, AUB, Beach Energy, CSL, Flight Centre & Newmont

May 16 2024 - Rudi's View
9
April In Review: The Bond Market Roared

May 06 2024 - Australia
10
ESG Focus: Governance, Supply Chains, Risks

Apr 29 2024 - ESG Focus