RESIMAC GROUP LIMITED (RMC)
Share Price Analysis and Chart

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RMC - RESIMAC GROUP LIMITED

FNArena Sector : Banks
Year End: June
GICS Industry Group : Banks
Debt/EBITDA: 18.59
Index: ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.88

25 Jul
2024

0.010

OPEN

$0.87

1.15%

HIGH

$0.88

127,058

LOW

$0.86

TARGET
$1.133 28.8% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
ABA . AFG . ANZ . BEN . BOQ . CBA . HLI . MYS . NAB . SUN . VUK . WBC .
FNARENA'S MARKET CONSENSUS FORECASTS
RMC: 1
Title FY22
Actual		 FY23
Actual		 FY24
Forecast		 FY25
Forecast
EPS (cps) xxx 16.5 11.0 xxx
DPS (cps) xxx 8.0 6.4 xxx
EPS Growth xxx - 34.1% - 33.4% xxx
DPS Growth xxx 0.0% - 19.6% xxx
PE Ratio xxx N/A 7.9 xxx
Dividend Yield xxx N/A 7.4% xxx
Div Pay Ratio(%) xxx 48.4% 58.5% xxx

Dividend yield today if purchased 3 years ago: 3.45%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 9.25

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: 04/03 - ex-div 3.5c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx16.5
DPS All xxxxxxxxxxxxxxx8.0
Sales/Revenue xxxxxxxxxxxxxxx911.0 M
Book Value Per Share xxxxxxxxxxxxxxx103.8
Net Operating Cash Flow xxxxxxxxxxxxxxx2,021.1 M
Net Profit Margin xxxxxxxxxxxxxxx7.29 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx16.75 %
Return on Invested Capital xxxxxxxxxxxxxxx0.60 %
Return on Assets xxxxxxxxxxxxxxx0.42 %
Return on Equity xxxxxxxxxxxxxxx16.75 %
Return on Total Capital xxxxxxxxxxxxxxx4.91 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx1,988.8 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 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx4,560 M
Long Term Debt xxxxxxxxxxxxxxx9,920 M
Total Debt xxxxxxxxxxxxxxx14,480 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx1,085 M
Price To Book Value xxxxxxxxxxxxxxx0.88

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx0.2 M
Capex % of Sales xxxxxxxxxxxxxxx0.02 %
Cost of Goods Sold xxxxxxxxxxxxxxx37 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx97 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx13,789 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

0.3

No. Of Recommendations

3
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Citi

xx/xx/xxxx

3

xxxxxxx, xxxx xxxx

$xx.xx

xx.xx%

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Bell Potter

10/07/2024

1

Buy

$1.30

47.73%

The departure of Scott McWilliam after six years as CEO doesn't appear to be a planned move, in Bell Potter's view, as management noted the search for a replacement had started immediately.

No reason was given for the sudden exit and the timing is unfortunate given looming FY24 results, suggests the broker, and the recent arrival of the new CFO, James Spurway.

The Buy rating and $1.30 target are unchanged, though the analysts expect near-term share price sentiment will be negatively impacted by the above.

FORECAST
Bell Potter forecasts a full year FY24 dividend of 5.50 cents and EPS of 10.30 cents.
Bell Potter forecasts a full year FY25 dividend of 6.00 cents and EPS of 14.70 cents.

Macquarie

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Login above or Get a Free Trial
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

Jarden

17/07/2024

3

Neutral

$0.93

5.68%

Jarden has revised its EPS forecasts for the non-bank sector, cutting earnings forecasts.

The sector is experiencing improved funding costs, but the benefits are being tempered by increased lending competition and rising asset finance arrears. 

Mortgage flows are stabilising, but net book growth is not expected until FY26 and mortgage arrears remain below pre covid levels.

The broker adjusts EPS forecasts by -10.1% for FY25.

Jarden remains constructive on the sector, preferring Pepper Money, followed by Liberty Financial and Resimac.

Neutral rating unchanged and the target price is lowered to 93c from $1.02.

FORECAST
Jarden forecasts a full year FY24 dividend of 7.00 cents and EPS of 11.00 cents.
Jarden forecasts a full year FY25 dividend of 7.00 cents and EPS of 13.00 cents.
Access Stockbroker Research History >

RMC STOCK CHART

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