OFX GROUP LIMITED (OFX)
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OFX - OFX GROUP LIMITED

FNArena Sector : Diversified Financials
Year End: March
GICS Industry Group : Diversified Financials
Debt/EBITDA: 0.87
Index: ASX300 | ALL-ORDS | ALL-TECH

OFX Group, formerly OzForex, is an Australian provider of international payments and foreign currency exchange services. The company has been listed since 2013.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$2.23

19 Jul
2024

0.020

OPEN

$2.21

0.90%

HIGH

$2.23

362,084

LOW

$2.19

OTHER COMPANIES IN THE SAME SECTOR
B4P . BFG . CCR . CNI . CPU . CVC . EP1 . EQT . EZL . FID . HMY . LFG . OBL . PGL . SOL . SVW .
FNARENA'S MARKET CONSENSUS FORECASTS

- No Record -

Last ex-div: 09/06 - ex-div 2.35c (franking 0%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx13.0
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx242.7 M
Book Value Per Share xxxxxxxxxxxxxxx71.3
Net Operating Cash Flow xxxxxxxxxxxxxxx-20.8 M
Net Profit Margin xxxxxxxxxxxxxxx12.89 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx19.95 %
Return on Invested Capital xxxxxxxxxxxxxxx14.06 %
Return on Assets xxxxxxxxxxxxxxx4.94 %
Return on Equity xxxxxxxxxxxxxxx19.95 %
Return on Total Capital xxxxxxxxxxxxxxx20.71 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-23.8 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 201920202021202220232024
Short-Term Debt xxxxxxxxxxxxxxx2 M
Long Term Debt xxxxxxxxxxxxxxx54 M
Total Debt xxxxxxxxxxxxxxx56 M
Goodwill - Gross xxxxxxxxxxxxxxx72 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx88 M
Price To Book Value xxxxxxxxxxxxxxx2.29

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx22.4 M
Capex % of Sales xxxxxxxxxxxxxxx9.25 %
Cost of Goods Sold xxxxxxxxxxxxxxx33 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx163 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx21 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
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Sentiment Indicator

0.0

No. Of Recommendations

0
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY
EXPERT VIEWS
Display All Commentary

No. Of Recommendations

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

Wilsons

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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Canaccord Genuity

27/05/2024

1

Buy

$2.60

16.59%

Canaccord Genuity analysts maintain the Buy rating for OFX Group with an increased price target to $2.60 from $2.20 following the company's FY24 results release.

As per the broker, OFX reported net operating income growth of 5% to $224m, with adjusted EBITDA beating expectations at $61m, reflecting improved margins and operational efficiencies.

Revenue forecasts for 2024, 2025, and 2026 have been revised upwards by 2.8%, 2.4%, and 1.9%, respectively, with EPS forecasts lifted by 18.6% for 2024, 8.3% for 2025, and 3.9% for 2026.

Canaccord Genuity believes the company’s outlook remains positive, supported by strong performance, higher gross and net win margins, and significant potential for scale-up and valuation upside.

FORECAST
Canaccord Genuity forecasts a full year FY25 dividend of 0.00 cents and EPS of 16.00 cents.

OFX STOCK CHART