CASH CONVERTERS INTERNATIONAL LIMITED (CCV)
Share Price Analysis and Chart

25/06/2026

1

Initiation of coverage with Buy

$0.34

7.94%

Cash Converters International provides unsecured lending and second-hand retail services in Australia, New Zealand, the United Kingdom and other international markets.

Cash Converters has embarked on an aggressive acquisition strategy, Bell Potter notes, having bought back 120 franchises since FY21 across A&NZ and the UK, with the company now controlling some 30% of the global Cash Converters branded store network.

Bell Potter views the company's scale, global brand recognition and acquisition pipeline as competitive advantages that position its retail business to capitalise on growing demand for second-hand goods, supported by cost-of-living pressures and increasing consumer appreciation of the circular economy.

Bell Potter initiates coverage with a Buy rating and 34c target.

FORECAST
Bell Potter forecasts a full year FY26 dividend of 2.00 cents and EPS of 3.60 cents.
Bell Potter forecasts a full year FY27 dividend of 2.00 cents and EPS of 3.90 cents.

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19/03/2026

-1

No Rating

7.94%

Cash Converters International's first half result is a clear indication of increasing earnings diversity in the business, Research as a Service (RaaS) asserts.

Management is intent on delivering growth through capital allocation towards a loan book and a store acquisition program domestically and offshore.

The business has already acquired 41 stores in FY26 for around -$50m and the broker expects this will revert to a more normal level in FY27 of arround -$20m.

Research as a Service (RaaS) believes this is a compelling investment opportunity offering both capital growth and income. Valuation eases back to $0.47 from $0.52. 

Research as a Service (RaaS) research standard doesn't carry any targets, ratings or recommendations. Investors can draw conclusions from valuations and commentary.

FORECAST
Research as a Service (RaaS) forecasts a full year FY26 dividend of 2.00 cents and EPS of 3.60 cents.
Research as a Service (RaaS) forecasts a full year FY27 dividend of 2.00 cents and EPS of 3.70 cents.