How to buy Credit Corp shares

Own Credit Corp shares in just a few minutes.

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Credit Corp Group Limited 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 $261.6 million. If you're looking to buy shares, check out the steps below.

How to buy shares in Credit Corp

  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 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.
  4. 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. 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, 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 Credit Corp. 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.

Credit Corp share price

Use our graph to track the performance of CCP stocks over time.

Credit Corp shares at a glance

Information last updated 2021-06-17.
52-week range$14.6627 - $34.24
50-day moving average $28.4336
200-day moving average $29.8256
Target price$22.68
PE ratio 105.1399
Dividend yield $0.36 (1.19%)
Earnings per share (TTM) $0.286

Compare share trading platforms

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.
Name Product Standard brokerage fee Inactivity fee Markets
Superhero share trading
AUD $5
No
ASX shares, ETFs
Pay zero brokerage on all Australian ETFs.
Trade ASX stocks with a flat $5 commission fee and a low minimum investment of just $100.
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AUD $15
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Bell Direct offers a one-second placement guarantee on market-to-limit ASX orders or your trade is free, plus enjoy extensive free research reports from top financial experts.
IG Share Trading
Finder Award
IG Share Trading
AUD $8 or 0.1%
$50 per quarter if you make fewer than three trades in that period
ASX shares, Global shares
$0 brokerage for US and global shares plus get an active trader discount of $5 commission on Australian shares.
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, plus get access to 24-hour customer support.
Saxo Capital Markets (Classic account)
AUD $6.99
No
ASX shares, Global shares, Forex, CFDs, Margin trading, Options trading, ETFs
Acess 19,000+ stocks on 37 exchanges worldwide
Low fees for Australian and global share trading, no inactivity fees, low currency conversion fee and optimised for mobile.
CMC Markets Stockbroking
AUD $11 or 0.1%
No
ASX shares, Global shares, mFunds, ETFs
$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 9,000 products, including shares, ETFs and managed funds, plus access up to 15 major global and Australian stock exchanges.
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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. 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.

Credit Corp price performance over time

Historical closes compared with the last close of A$29.75

1 week (2021-06-16) -1.29%
1 month (2021-05-24) 7.71%
3 months (2021-03-23) -9.33%
6 months (2020-12-23) 19.62%
1 year (2020-06-23) 76.77%
2 years (2019-06-21) 10.55%
3 years (2018-06-22) 70.39%
5 years (2016-06-23) 146.89%

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 105x. In other words, Credit Corp shares trade at around 105x recent earnings.

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

Credit Corp financials

Revenue TTM $261.6 million
Operating margin TTM 10.67%
Gross profit TTM $222.7 million
Return on assets TTM 2.41%
Return on equity TTM 3.42%
Profit margin 7.31%
Book value 9.455
Market capitalisation $2 billion

TTM: trailing 12 months

Credit Corp share dividends

1%

Dividend payout ratio: 1.33% of net profits

Recently Credit Corp has paid out, on average, around 1.33% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.2% 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 1.2% return on their shares, in the form of dividend payments. In Credit Corp's case, that would currently equate to about A$0.36 per share.

While Credit Corp's payout ratio might seem low, this can signify that Credit Corp is investing more in its future growth.

The latest dividend was paid out to all shareholders who bought their shares by 28 February 2021 (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 $14.6627 up to $34.24. A popular way to gauge a stock's volatility is its "beta".

CCP.AU volatility(beta: 1.67)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Credit Corp's is 1.665. 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. It 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, Credit 2U, and CapTrove brands. Credit Corp Group Limited was founded in 1992 and is headquartered in Sydney, Australia.

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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