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Resimac Group is a mortgage finance business based in Australia. Resimac Group shares (RMC) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Resimac Group has a trailing 12-month revenue of around $267.3 million. If you're looking to buy shares, check out the steps below.
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| 52-week range | $1.11 - $2.4424 |
|---|---|
| 50-day moving average | $1.4413 |
| 200-day moving average | $1.7243 |
| Target price | $1.66 |
| PE ratio | 4.1264 |
| Dividend yield | $0.08 (6.4%) |
| Earnings per share (TTM) | $0.269 |
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.
Historical closes compared with the last close of A$1.21
| 1 week (2022-06-23) | 2.11% |
|---|---|
| 1 month (2022-06-03) | -14.79% |
| 3 months (2022-04-01) | -30.66% |
| 6 months (2021-12-31) | -36.32% |
| 1 year (2021-07-02) | -50.00% |
|---|---|
| 2 years (2020-07-03) | 7.08% |
| 3 years (2019-07-03) | 92.06% |
| 5 years (2017-06-30) | 181.40% |
Valuing Resimac Group stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Resimac Group 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Resimac Group 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 4x. In other words, Resimac Group shares trade at around 4x 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.
| Revenue TTM | $267.3 million |
|---|---|
| Operating margin TTM | 57.97% |
| Gross profit TTM | $222.8 million |
| Return on assets TTM | 0.75% |
| Return on equity TTM | 34.37% |
| Profit margin | 41.38% |
| Book value | 0.888 |
| Market capitalisation | $452.2 million |
TTM: trailing 12 months
Dividend payout ratio: 30.77% of net profits
Recently Resimac Group has paid out, on average, around 30.77% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 6.4% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Resimac Group shareholders could enjoy a 6.4% return on their shares, in the form of dividend payments. In Resimac Group 's case, that would currently equate to about A$0.08 per share.
While Resimac Group 's payout ratio might seem fairly standard, it's worth remembering that Resimac Group may be investing much of the rest of its net profits in future growth.
The latest dividend was paid out to all shareholders who bought their shares by 2 March 2022 (the "ex-dividend date").
Over the last 12 months, Resimac Group 's shares have ranged in value from as little as $1.11 up to $2.4424. 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 Resimac Group 's is 2.0077. This would suggest that Resimac Group 's shares are significantly more volatile than the average for this exchange and represent a higher risk.
Resimac Group Limited, a non-bank financial institution, provides residential mortgage and asset finance lending solutions in Australia and New Zealand. The company operates through Australian Lending Business and New Zealand Lending Business segments. It offers prime and specialist lending products; SME/commercial finance products; and home and car loans. The company also provides mortgage originator, trustee, lender, manager, and broker services; and LMI captive insurer and record lending services. In addition, it acts as a trust manager and servicer, and special purpose vehicle; and acts as an issuer of residential mortgage backed securities (RMBS). Further, the company offers warehouse mortgages; and financial management services. Resimac Group Ltd provides its products and services through brokers and white-label partners, as well as direct-to-customer consumer channel primarily under the Resimac and State Custodians brands. The company was formerly known as Homeloans Limited and changed its name to Resimac Group Resimac Group Limited in December 2018. Resimac Group Limited was founded in 1985 and is based in Sydney, Australia. Resimac Group Limited operates as a subsidiary of Somers Limited.
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