CREDIT CLEAR LIMITED (CCR)
Share Price Analysis and Chart

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CCR - CREDIT CLEAR LIMITED

FNArena Sector : Diversified Financials
Year End: June
GICS Industry Group : Software & Services
Debt/EBITDA: 2.54
Index:

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.347

29 Nov
2024

-0.005

OPEN

$0.35

-1.42%

HIGH

$0.36

232,181

LOW

$0.34

TARGET
$0.44 26.8% upside
OTHER COMPANIES IN THE SAME SECTOR
B4P . BFG . CNI . CPU . CVC . EP1 . EQT . EZL . FID . HMY . LFG . OBL . OFX . SGH . SOL .
FNARENA'S MARKET CONSENSUS FORECASTS
CCR: 1
Title FY23
Actual		 FY24
Actual		 FY25
Forecast		 FY26
Forecast
EPS (cps) xxx - 1.1 0.2 xxx
DPS (cps) xxx 0.0 0.0 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A 173.5 xxx
Dividend Yield xxx N/A 0.0% xxx
Div Pay Ratio(%) xxx N/A N/A xxx

Dividend yield today if purchased 3 years ago: 0.00%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 0.00

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
HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx-1.1
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx42.0 M
Book Value Per Share xxxxxxxxxxxxxxx14.2
Net Operating Cash Flow xxxxxxxxxxxxxxx3.7 M
Net Profit Margin xxxxxxxxxxxxxxx-10.71 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx-7.46 %
Return on Invested Capital xxxxxxxxxxxxxxx-7.03 %
Return on Assets xxxxxxxxxxxxxxx-5.81 %
Return on Equity xxxxxxxxxxxxxxx-7.46 %
Return on Total Capital xxxxxxxxxxxxxxx-7.61 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx3.5 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 xxxxxxxxxxxxxxx1 M
Long Term Debt xxxxxxxxxxxxxxx3 M
Total Debt xxxxxxxxxxxxxxx4 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx19 M
Price To Book Value xxxxxxxxxxxxxxx1.83

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx1.5 M
Capex % of Sales xxxxxxxxxxxxxxx3.66 %
Cost of Goods Sold xxxxxxxxxxxxxxx43 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx4 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx1 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

1.0

No. Of Recommendations

1
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Shaw and Partners

25/09/2024

1

Buy

$0.44

26.80%

Shaw and Partners draws the comparison between the current valuation ascribed to Credit Clear against an unlisted peer which obtained $60m in capital, valuing the company at 7 times run-rate sales or $350m.

The broker emphasises Credit Clear is valued at $110m enterprise value of 2x sales and attributes the difference to the unlisted company because it is a debt collection partner of a buy-now-pay-later business with around $50m in US sales.

Shaw and Partners believes Credit Clear has scope to double its market share in Australia to 20%, generating FY30 revenues of $120m versus FY25 guidance of $50m.

Buy rating. High risk and 44c target price unchanged.

FORECAST
Shaw and Partners forecasts a full year FY25 dividend of 0.00 cents and EPS of 0.20 cents.
Shaw and Partners forecasts a full year FY26 dividend of 0.00 cents and EPS of 0.60 cents.
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

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

Petra Capital

16/09/2024

1

Buy

$0.53

52.74%

Petra Capital continues to advocate for a contrarian play on Credit Clear despite clear evidence of a deteriorating macro-economic environment, including hardship cases highlighted by Origin Energy ((ORG)) and rising business insolvencies.

The company is continuing to growth its Tier-1 clients up 67% in FY24 which infers improved revenue growth in around 12-15 months given the lag, the analyst notes.

The target price lifts to 53c from 51c. Buy rating unchanged.

FORECAST
Petra Capital forecasts a full year FY25 dividend of 0.00 cents and EPS of minus -0.10 cents.
Petra Capital forecasts a full year FY26 dividend of 0.00 cents and EPS of 0.90 cents.
Access Extra Coverage Research History >

CCR STOCK CHART

FNArena News on CCR

1
Australian Broker Call *Extra* Edition – Sep 16, 2024

Sep 16 2024 - Daily Market Reports
2
FNArena Corporate Results Monitor – 29-08-2024

Aug 29 2024 - Australia
3
Australian Broker Call *Extra* Edition – Aug 06, 2024

Aug 06 2024 - Daily Market Reports
4
Australian Broker Call *Extra* Edition – Jul 09, 2024

Jul 09 2024 - Daily Market Reports
5
Australian Broker Call *Extra* Edition – Mar 07, 2024

Mar 07 2024 - Daily Market Reports

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