How to buy FlexiGroup shares | A$1.13

FlexiGroup Limited is a credit services business based in Australia. FlexiGroup shares (FXL) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $1.13 – an increase of 1.8% over the previous week. FlexiGroup has a trailing 12-month revenue of around $215.9 million.

How to buy shares in FlexiGroup

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 FlexiGroup . Find the share by name or ticker symbol: FXL. 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 FlexiGroup 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 $1.13, 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 FlexiGroup . 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 FlexiGroup 's share price?

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

Its last market close was $1.13, which is 39.25% down on its pre-crash value of $1.86 and 197.37% up on the lowest point reached during the March crash when the shares fell as low as $0.38.

If you had bought $1,000 worth of FlexiGroup shares at the start of February 2020, those shares would have been worth $213.90 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 $604.28.

FlexiGroup share price

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

FlexiGroup shares at a glance

• Key figures

Information last updated 2020-10-20.

Latest market close	AUDA$1.13
52-week range	AUDA$0.38 - AUDA$2.23
50-day moving average	AUDA$1.089
200-day moving average	AUDA$1.1135
Target price	AUDA$2.36
PE ratio	21.0766
Dividend yield	AUDA$0.07 (6.79%)
Earnings per share (TTM)	AUDA$0.049

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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.

Is it a good time to buy FlexiGroup 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.

Technical Analysis of FlexiGroup Limited by TradingView

FlexiGroup price performance over time

Historical closes compared with the close of A$1.13 on 2020-10-22

1 week (2020-10-19)	0.89%
1 month (2020-09-29)	7.62%
3 months (2020-07-27)	-14.72%
6 months (2020-04-27)	58.04%

1 year (2019-10-25)	-43.07%
2 years (2018-10-26)	-25.41%
3 years (2017-10-27)	-25.41%
5 years (2015-10-26)	-54.54%

Is FlexiGroup under- or over-valued?

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

FlexiGroup 's P/E ratio

FlexiGroup 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 21x. In other words, FlexiGroup shares trade at around 21x 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.

FlexiGroup financials

Revenue TTM	$215.9 million
Operating margin TTM	12.14%
Gross profit TTM	$159.5 million
Return on assets TTM	0.69%
Return on equity TTM	3.56%
Profit margin	9.91%
Book value	1.487
Market capitalisation	$544.8 million

TTM: trailing 12 months

FlexiGroup share dividends

Dividend payout ratio: 93.35% of net profits

Recently FlexiGroup has paid out, on average, around 93.35% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 6.79% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), FlexiGroup shareholders could enjoy a 6.79% return on their shares, in the form of dividend payments. In FlexiGroup 's case, that would currently equate to about A$0.07 per share.

FlexiGroup '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 5 March 2020 (the "ex-dividend date").

Have FlexiGroup 's shares ever split?

FlexiGroup 's shares were split on 24 February 2010.

FlexiGroup share price volatility

Over the last 12 months, FlexiGroup 's shares have ranged in value from as little as $0.38 up to $2.23. 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 FlexiGroup 's is 1.6946. This would suggest that FlexiGroup 's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

FlexiGroup overview

FlexiGroup Limited provides various financial services in Australia, New Zealand, and Ireland. It operates through four segments: Buy Now Pay Later, New Zealand Cards, Australia Cards, and Commercial Leasing. The company offers consumer revolving finance, commercial Leasing, and SME financing service. It also provides no interest ever, leasing, vendor finance, interest free finance, credit cards, and other finance solutions to consumers and businesses. The company offers its services under the humm, bundll, Q Mastercard, Skye Mastercard, and FlexiCommercial brands. FlexiGroup Limited was founded in 1988 and is headquartered in Sydney, Australia.

Frequently asked questions

• What percentage of FlexiGroup is owned by insiders or institutions?

  Currently 36.243% of FlexiGroup shares are held by insiders and 30.958% by institutions.

• When does the fiscal year end for FlexiGroup ?

  FlexiGroup 's fiscal year ends in June.

• Where is FlexiGroup based?

  FlexiGroup 's address is: 179 Elizabeth Street, Sydney, NSW, Australia, 2000

• What is FlexiGroup 's ISIN number?

  FlexiGroup 's international securities identification number is: AU000000FXL1