How to buy Cash Converters International shares

Cash Converters International Limited is a specialty retail business based in Australia. Cash Converters International shares (CCV) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Cash Converters International has a trailing 12-month revenue of around $266.4 million..

How to buy shares in Cash Converters International

1. Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
3. Search for Cash Converters International. Find the share by name or ticker symbol: CCV. Research its history to confirm it's a solid investment against your financial goals.
4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Cash Converters International reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
5. Decide on how many to buy. At today's price of $0.185, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
6. Check in on your investment. Congratulations, you own a part of Cash Converters International. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

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How has coronavirus impacted Cash Converters International's share price?

Since the stock market crash in March caused by coronavirus, Cash Converters International's share price has had significant negative movement.

Its last market close was $0.185, which is 7.50% down on its pre-crash value of $0.2 and 85.00% up on the lowest point reached during the March crash when the shares fell as low as $0.1.

If you had bought $1,000 worth of Cash Converters International shares at the start of February 2020, those shares would have been worth $522.73 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $840.91.

Cash Converters International share price

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Is it a good time to buy Cash Converters International stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Is Cash Converters International under- or over-valued?

Valuing Cash Converters International stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Cash Converters International's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Cash Converters International's P/E ratio

Cash Converters International's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 12x. In other words, Cash Converters International shares trade at around 12x recent earnings.

That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Cash Converters International's EBITDA

Cash Converters International's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $41.1 million (£0.0 million).

The EBITDA is a measure of a Cash Converters International's overall financial performance and is widely used to measure a its profitability.

Cash Converters International share dividends

We're not expecting Cash Converters International to pay a dividend over the next 12 months.

Cash Converters International share price volatility

Over the last 12 months, Cash Converters International's shares have ranged in value from as little as $0.1 up to $0.26. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Cash Converters International's is 0.9489. This would suggest that Cash Converters International's shares are less volatile than average (for this exchange).

Cash Converters International overview

Cash Converters International Limited operates as a franchisor of second hand goods and financial services stores under the Cash Converters brand name. It operates through Franchise Operations, Store Operations, Personal Finance, and Vehicle Financing segments. The Franchise Operations segment engages in the sale of franchises for the retail sale of new and second hand goods, as well as sale of master licenses for the development of franchises worldwide. The Store Operations segment is involved in the retail sale of new and second hand goods, as well as in cash advance and pawnbroking operations through corporate owned stores in Australia. The Personal Finance segment provides personal loans; and Mon-E, which provides administration services for the Cash Converters network in Australia to offer small cash advance loans to customers. The Vehicle Financing segment provides motor vehicle financing services. As of August 28, 2020, it operated 705 stores, including 83 corporate and 622 franchise stores in 16 countries. Cash Converters International Limited was founded in 1984 and is headquartered in Perth, Australia.

Frequently asked questions

• What percentage of Cash Converters International is owned by insiders or institutions?

  Currently 40.789% of Cash Converters International shares are held by insiders and 28.284% by institutions.

• When does the fiscal year end for Cash Converters International?

  Cash Converters International's fiscal year ends in June.

• Where is Cash Converters International based?

  Cash Converters International's address is: Citibank House, Perth, WA, Australia, 6000

• What is Cash Converters International's ISIN number?

  Cash Converters International's international securities identification number is: AU000000CCV1