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Credit Corp is a credit services business based in Australia. Credit Corp shares (CCP) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Credit Corp has a trailing 12-month revenue of around $347.8 million. If you're looking to buy shares, check out the steps below.
How to buy shares in Credit Corp
- Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the ASX. Our table can help you choose.
- Open and fund your brokerage account. Complete an application with your personal and financial details, such as your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
- Search for Credit Corp. Find the share by name or ticker symbol: CCP. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Credit Corp reaches your desired price. Look into dollar-cost averaging to spread out your risk, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
- Check on your investment. Congratulations, you own a part of Credit Corp. Optimise your portfolio by tracking how your stock and 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 affect your stock.
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Credit Corp stock price (ASX:CCP)
Use our graph to track the performance of CCP stocks over time.Credit Corp shares at a glance
Information last updated 2022-06-21.
| 52-week range | $18.47 - $35.8201 |
|---|---|
| 50-day moving average | $24.7894 |
| 200-day moving average | $29.9606 |
| Target price | $28.31 |
| PE ratio | 13.7817 |
| Dividend yield | $0.74 (4.01%) |
| Earnings per share (TTM) | $1.42 |
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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.
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Is it a good time to buy Credit Corp stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. 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.
Credit Corp price performance over time
Historical closes compared with the last close of A$20.69
| 1 week (2022-06-17) | 9.07% |
|---|---|
| 1 month (2022-05-24) | -10.08% |
| 3 months (2022-03-24) | -32.72% |
| 6 months (2021-12-24) | -37.55% |
| 1 year (2021-06-24) | -31.03% |
|---|---|
| 2 years (2020-06-24) | 22.43% |
| 3 years (2019-06-24) | -22.16% |
| 5 years (2017-06-23) | 15.78% |
Is Credit Corp under- or over-valued?
Valuing Credit Corp stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Credit Corp's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Credit Corp's P/E ratio
Credit Corp's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 14x. In other words, Credit Corp shares trade at around 14x 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.
Credit Corp financials
| Revenue TTM | $347.8 million |
|---|---|
| Operating margin TTM | 38.92% |
| Gross profit TTM | $306.3 million |
| Return on assets TTM | 11.8% |
| Return on equity TTM | 14.38% |
| Profit margin | 27.61% |
| Book value | 10.311 |
| Market capitalisation | $1.3 billion |
TTM: trailing 12 months
Credit Corp share dividends
Dividend payout ratio: 52.11% of net profits
Recently Credit Corp has paid out, on average, around 52.11% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.01% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Credit Corp shareholders could enjoy a 4.01% return on their shares, in the form of dividend payments. In Credit Corp's case, that would currently equate to about A$0.74 per share.
Credit Corp's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
The latest dividend was paid out to all shareholders who bought their shares by 28 February 2022 (the "ex-dividend date").
Credit Corp share price volatility
Over the last 12 months, Credit Corp's shares have ranged in value from as little as $18.47 up to $35.8201. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Credit Corp's is 1.6142. This would suggest that Credit Corp's shares are more volatile than the average for this exchange and represent, relatively speaking, a higher risk (but potentially also market-beating returns).
Credit Corp overview
Credit Corp Group Limited provides debt purchase and collection, and consumer lending services in Australia and the United States. The company operates through three segments: Debt Ledger Purchasing " Australia and New Zealand, Debt Ledger Purchasing " United States, and Consumer Lending " Australia and New Zealand. The company offers debt sale, contingency and agency collection, local government debt recovery, and hardship and insolvency management services, as well as various loan products. It provides financial services under the Wallet Wizard, ClearCash, CarStart Finance, Resolvr, and Wizpay brands. Credit Corp Group Limited was founded in 1992 and is headquartered in Sydney, Australia.
Credit Corp in the news
Frequently asked questions
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs comes with a higher risk of losing money rapidly due to leverage. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.
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