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OFX Group Ltd
Buy, Hold or Sell?

Let's analyse Ofx together

PenkeI guess you are interested in OFX Group Ltd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of OFX Group Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Ofx (30 sec.)










What can you expect buying and holding a share of Ofx? (30 sec.)

How much money do you get?

How much money do you get?
A$0.00
When do you have the money?
1 year
How often do you get paid?
80.0%

What is your share worth?

Current worth
A$0.57
Expected worth in 1 year
A$1.21
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
A$0.64
Return On Investment
41.6%

For what price can you sell your share?

Current Price per Share
A$1.53
Expected price per share
A$1.355 - A$1.62
How sure are you?
50%
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1. Valuation of Ofx (5 min.)




Live pricePrice per Share (EOD)

A$1.53

Intrinsic Value Per Share

A$-0.49 - A$1.24

Total Value Per Share

A$0.08 - A$1.81

2. Growth of Ofx (5 min.)




Is Ofx growing?

Current yearPrevious yearGrowGrow %
How rich?$93.6m$67.1m$26.4m28.3%

How much money is Ofx making?

Current yearPrevious yearGrowGrow %
Making money$20.4m$15.8m$4.5m22.1%
Net Profit Margin14.0%15.5%--

How much money comes from the company's main activities?

3. Financial Health of Ofx (5 min.)




4. Comparing to competitors in the Capital Markets industry (5 min.)




  Industry Rankings (Capital Markets)  


Richest
#203 / 374

Most Revenue
#94 / 374

Most Profit
#99 / 374

Most Efficient
#157 / 374
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What can you expect buying and holding a share of Ofx? (5 min.)

Welcome investor! Ofx's management wants to use your money to grow the business. In return you get a share of Ofx.

What can you expect buying and holding a share of Ofx?

First you should know what it really means to hold a share of Ofx. And how you can make/lose money.

Speculation

The Price per Share of Ofx is A$1.53. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Ofx.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Ofx, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is A$0.57. Based on the TTM, the Book Value Change Per Share is A$0.16 per quarter. Based on the YOY, the Book Value Change Per Share is A$0.09 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is A$0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Ofx.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 A$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per Share
Usd Eps0.085.3%0.085.3%0.064.1%0.053.6%0.053.5%
Usd Book Value Change Per Share0.106.8%0.106.8%0.063.7%0.042.7%0.042.4%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.021.2%0.032.2%
Usd Total Gains Per Share0.106.8%0.106.8%0.063.7%0.063.9%0.074.6%
Usd Price Per Share1.02-1.02-1.58-1.04-1.23-
Price to Earnings Ratio12.59-12.59-24.97-19.73-23.90-
Price-to-Total Gains Ratio9.83-9.83-27.94-19.05-19.50-
Price to Book Ratio2.74-2.74-5.91-4.39-7.98-
Price-to-Total Gains Ratio9.83-9.83-27.94-19.05-19.50-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.994347
Number of shares1005
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.02
Usd Book Value Change Per Share0.100.04
Usd Total Gains Per Share0.100.06
Gains per Quarter (1005 shares)103.9659.96
Gains per Year (1005 shares)415.84239.84
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1041640674166230
20832822148331470
3012481238223497710
4016631654297663950
50207920703718281190
60249524864459941430
702911290251911591670
803327331859413251910
903743373466814912150
1004158415074216562390

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%10.00.00.0100.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%10.00.00.0100.0%
Dividend per Share0.00.01.00.0%1.00.02.033.3%3.00.02.060.0%8.00.02.080.0%8.00.02.080.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%10.00.00.0100.0%
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Fundamentals of Ofx

About OFX Group Ltd

OFX Group Limited provides international payments and foreign exchange services worldwide. It offers range of products and services to consumers, corporates, online sellers, and enterprise clients. The company was formerly known as OzForex Group Limited and changed its name to OFX Group Limited in September 2016. OFX Group Limited was founded in 1998 and is headquartered in Sydney, Australia.

Fundamental data was last updated by Penke on 2024-02-19 08:34:05.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating efficient.
The company is less efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just able to pay all its short-term debts.
The company is just able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is just able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is underpriced.
Based on how much money comes from the company's main activities, the company is underpriced.
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1.1. Profitability of OFX Group Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Ofx earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Ofx to the Capital Markets industry mean.
  • A Net Profit Margin of 14.0% means that $0.14 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of OFX Group Ltd:

  • The MRQ is 14.0%. The company is making a huge profit. +2
  • The TTM is 14.0%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ14.0%TTM14.0%0.0%
TTM14.0%YOY15.5%-1.5%
TTM14.0%5Y13.9%+0.0%
5Y13.9%10Y16.8%-2.9%
Compared to industry (Capital Markets)
PeriodCompanyIndustry (mean)+/- 
MRQ14.0%9.6%+4.4%
TTM14.0%10.5%+3.5%
YOY15.5%15.9%-0.4%
5Y13.9%13.3%+0.6%
10Y16.8%13.5%+3.3%
1.1.2. Return on Assets

Shows how efficient Ofx is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Ofx to the Capital Markets industry mean.
  • 4.7% Return on Assets means that Ofx generated $0.05 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of OFX Group Ltd:

  • The MRQ is 4.7%. Using its assets, the company is less efficient in making profit.
  • The TTM is 4.7%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ4.7%TTM4.7%0.0%
TTM4.7%YOY6.0%-1.3%
TTM4.7%5Y5.6%-0.9%
5Y5.6%10Y7.9%-2.3%
Compared to industry (Capital Markets)
PeriodCompanyIndustry (mean)+/- 
MRQ4.7%0.3%+4.4%
TTM4.7%0.3%+4.4%
YOY6.0%0.4%+5.6%
5Y5.6%0.4%+5.2%
10Y7.9%0.4%+7.5%
1.1.3. Return on Equity

Shows how efficient Ofx is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Ofx to the Capital Markets industry mean.
  • 21.8% Return on Equity means Ofx generated $0.22 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of OFX Group Ltd:

  • The MRQ is 21.8%. Using its investors money, the company is efficient in making profit. +1
  • The TTM is 21.8%. Using its investors money, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ21.8%TTM21.8%0.0%
TTM21.8%YOY23.7%-1.9%
TTM21.8%5Y23.3%-1.5%
5Y23.3%10Y31.6%-8.4%
Compared to industry (Capital Markets)
PeriodCompanyIndustry (mean)+/- 
MRQ21.8%1.3%+20.5%
TTM21.8%1.5%+20.3%
YOY23.7%2.1%+21.6%
5Y23.3%1.9%+21.4%
10Y31.6%2.0%+29.6%
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1.2. Operating Efficiency of OFX Group Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Ofx is operating .

  • Measures how much profit Ofx makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Ofx to the Capital Markets industry mean.
  • An Operating Margin of 19.3% means the company generated $0.19  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of OFX Group Ltd:

  • The MRQ is 19.3%. The company is operating efficient. +1
  • The TTM is 19.3%. The company is operating efficient. +1
Trends
Current periodCompared to+/- 
MRQ19.3%TTM19.3%0.0%
TTM19.3%YOY20.8%-1.5%
TTM19.3%5Y17.7%+1.5%
5Y17.7%10Y22.3%-4.6%
Compared to industry (Capital Markets)
PeriodCompanyIndustry (mean)+/- 
MRQ19.3%15.2%+4.1%
TTM19.3%14.0%+5.3%
YOY20.8%20.8%0.0%
5Y17.7%9.8%+7.9%
10Y22.3%10.5%+11.8%
1.2.2. Operating Ratio

Measures how efficient Ofx is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Capital Markets industry mean).
  • An Operation Ratio of 0.89 means that the operating costs are $0.89 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of OFX Group Ltd:

  • The MRQ is 0.891. The company is less efficient in keeping operating costs low.
  • The TTM is 0.891. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.891TTM0.8910.000
TTM0.891YOY0.863+0.029
TTM0.8915Y0.919-0.028
5Y0.91910Y0.882+0.037
Compared to industry (Capital Markets)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8911.069-0.178
TTM0.8911.037-0.146
YOY0.8630.941-0.078
5Y0.9190.914+0.005
10Y0.8820.877+0.005
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1.3. Liquidity of OFX Group Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Ofx is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Capital Markets industry mean).
  • A Current Ratio of 1.17 means the company has $1.17 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of OFX Group Ltd:

  • The MRQ is 1.172. The company is just able to pay all its short-term debts.
  • The TTM is 1.172. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.172TTM1.1720.000
TTM1.172YOY1.237-0.065
TTM1.1725Y1.237-0.065
5Y1.23710Y1.265-0.028
Compared to industry (Capital Markets)
PeriodCompanyIndustry (mean)+/- 
MRQ1.1722.065-0.893
TTM1.1721.643-0.471
YOY1.2371.792-0.555
5Y1.2372.018-0.781
10Y1.2651.993-0.728
1.3.2. Quick Ratio

Measures if Ofx is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Ofx to the Capital Markets industry mean.
  • A Quick Ratio of 1.10 means the company can pay off $1.10 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of OFX Group Ltd:

  • The MRQ is 1.095. The company is just able to pay all its short-term debts with the most liquid assets.
  • The TTM is 1.095. The company is just able to pay all its short-term debts with the most liquid assets.
Trends
Current periodCompared to+/- 
MRQ1.095TTM1.0950.000
TTM1.095YOY1.188-0.092
TTM1.0955Y1.219-0.124
5Y1.21910Y1.288-0.069
Compared to industry (Capital Markets)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0951.401-0.306
TTM1.0951.215-0.120
YOY1.1881.291-0.103
5Y1.2191.541-0.322
10Y1.2881.521-0.233
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1.4. Solvency of OFX Group Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Ofx assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Ofx to Capital Markets industry mean.
  • A Debt to Asset Ratio of 0.78 means that Ofx assets are financed with 78.2% credit (debt) and the remaining percentage (100% - 78.2%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of OFX Group Ltd:

  • The MRQ is 0.782. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.782. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.782TTM0.7820.000
TTM0.782YOY0.744+0.038
TTM0.7825Y0.761+0.021
5Y0.76110Y0.752+0.009
Compared to industry (Capital Markets)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7820.620+0.162
TTM0.7820.616+0.166
YOY0.7440.605+0.139
5Y0.7610.611+0.150
10Y0.7520.594+0.158
1.4.2. Debt to Equity Ratio

Measures if Ofx is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Ofx to the Capital Markets industry mean.
  • A Debt to Equity ratio of 359.0% means that company has $3.59 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of OFX Group Ltd:

  • The MRQ is 3.590. The company is unable to pay all its debts with equity. -1
  • The TTM is 3.590. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ3.590TTM3.5900.000
TTM3.590YOY2.914+0.676
TTM3.5905Y3.245+0.345
5Y3.24510Y3.084+0.161
Compared to industry (Capital Markets)
PeriodCompanyIndustry (mean)+/- 
MRQ3.5901.540+2.050
TTM3.5901.523+2.067
YOY2.9141.532+1.382
5Y3.2451.533+1.712
10Y3.0841.741+1.343
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2. Market Valuation of OFX Group Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Ofx generates.

  • Above 15 is considered overpriced but always compare Ofx to the Capital Markets industry mean.
  • A PE ratio of 12.59 means the investor is paying $12.59 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of OFX Group Ltd:

  • The EOD is 12.309. Based on the earnings, the company is underpriced. +1
  • The MRQ is 12.591. Based on the earnings, the company is underpriced. +1
  • The TTM is 12.591. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD12.309MRQ12.591-0.282
MRQ12.591TTM12.5910.000
TTM12.591YOY24.974-12.384
TTM12.5915Y19.728-7.138
5Y19.72810Y23.898-4.170
Compared to industry (Capital Markets)
PeriodCompanyIndustry (mean)+/- 
EOD12.3096.763+5.546
MRQ12.5916.657+5.934
TTM12.5916.352+6.239
YOY24.9749.225+15.749
5Y19.72810.484+9.244
10Y23.89811.673+12.225
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of OFX Group Ltd:

  • The EOD is 14.789. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 15.127. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The TTM is 15.127. Based on how much money comes from the company's main activities, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD14.789MRQ15.127-0.338
MRQ15.127TTM15.1270.000
TTM15.127YOY16.033-0.906
TTM15.1275Y18.829-3.702
5Y18.82910Y25.618-6.789
Compared to industry (Capital Markets)
PeriodCompanyIndustry (mean)+/- 
EOD14.789-0.828+15.617
MRQ15.127-0.778+15.905
TTM15.127-0.267+15.394
YOY16.0330.039+15.994
5Y18.829-0.480+19.309
10Y25.618-0.429+26.047
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2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Ofx is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Capital Markets industry mean).
  • A PB ratio of 2.74 means the investor is paying $2.74 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of OFX Group Ltd:

  • The EOD is 2.683. Based on the equity, the company is underpriced. +1
  • The MRQ is 2.744. Based on the equity, the company is underpriced. +1
  • The TTM is 2.744. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD2.683MRQ2.744-0.061
MRQ2.744TTM2.7440.000
TTM2.744YOY5.911-3.167
TTM2.7445Y4.387-1.643
5Y4.38710Y7.981-3.594
Compared to industry (Capital Markets)
PeriodCompanyIndustry (mean)+/- 
EOD2.6831.081+1.602
MRQ2.7440.969+1.775
TTM2.7440.970+1.774
YOY5.9111.155+4.756
5Y4.3871.286+3.101
10Y7.9811.464+6.517
2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of OFX Group Ltd.

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4. Summary

4.1. Key Performance Indicators

The key performance indicators of OFX Group Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.1590.1590%0.087+83%0.063+151%0.057+179%
Book Value Per Share--0.5700.5700%0.411+39%0.379+50%0.293+94%
Current Ratio--1.1721.1720%1.237-5%1.237-5%1.265-7%
Debt To Asset Ratio--0.7820.7820%0.744+5%0.761+3%0.752+4%
Debt To Equity Ratio--3.5903.5900%2.914+23%3.245+11%3.084+16%
Dividend Per Share----0%-0%0.028-100%0.052-100%
Eps--0.1240.1240%0.097+28%0.085+47%0.083+50%
Free Cash Flow Per Share--0.1030.1030%0.152-32%0.091+14%0.118-12%
Free Cash Flow To Equity Per Share--0.3330.3330%0.127+162%0.101+231%0.095+251%
Gross Profit Margin--0.4650.4650%0.324+44%0.251+86%0.262+78%
Intrinsic Value_10Y_max--1.242--------
Intrinsic Value_10Y_min---0.494--------
Intrinsic Value_1Y_max--0.111--------
Intrinsic Value_1Y_min--0.056--------
Intrinsic Value_3Y_max--0.343--------
Intrinsic Value_3Y_min--0.078--------
Intrinsic Value_5Y_max--0.588--------
Intrinsic Value_5Y_min--0.001--------
Market Cap380509482.240-4%395480410.970395480410.9700%610821581.580-35%401249886.818-1%471582512.625-16%
Net Profit Margin--0.1400.1400%0.155-10%0.139+0%0.168-17%
Operating Margin--0.1930.1930%0.208-7%0.177+9%0.223-14%
Operating Ratio--0.8910.8910%0.863+3%0.919-3%0.882+1%
Pb Ratio2.683-2%2.7442.7440%5.911-54%4.387-37%7.981-66%
Pe Ratio12.309-2%12.59112.5910%24.974-50%19.728-36%23.898-47%
Price Per Share1.530-2%1.5651.5650%2.430-36%1.601-2%1.890-17%
Price To Free Cash Flow Ratio14.789-2%15.12715.1270%16.033-6%18.829-20%25.618-41%
Price To Total Gains Ratio9.613-2%9.8339.8330%27.937-65%19.053-48%19.500-50%
Quick Ratio--1.0951.0950%1.188-8%1.219-10%1.288-15%
Return On Assets--0.0470.0470%0.060-21%0.056-16%0.079-40%
Return On Equity--0.2180.2180%0.237-8%0.233-6%0.316-31%
Total Gains Per Share--0.1590.1590%0.087+83%0.092+73%0.109+46%
Usd Book Value--93657089.00093657089.0000%67160016.100+39%61874249.420+51%47661001.410+97%
Usd Book Value Change Per Share--0.1030.1030%0.057+83%0.041+151%0.037+179%
Usd Book Value Per Share--0.3710.3710%0.267+39%0.247+50%0.191+94%
Usd Dividend Per Share----0%-0%0.018-100%0.034-100%
Usd Eps--0.0810.0810%0.063+28%0.055+47%0.054+50%
Usd Free Cash Flow--16990985.60016990985.6000%24759890.200-31%14841376.360+14%19123632.450-11%
Usd Free Cash Flow Per Share--0.0670.0670%0.099-32%0.059+14%0.077-12%
Usd Free Cash Flow To Equity Per Share--0.2160.2160%0.083+162%0.065+231%0.062+251%
Usd Market Cap247293112.508-4%257022719.089257022719.0890%396972945.869-35%260772301.443-1%306481474.955-16%
Usd Price Per Share0.994-2%1.0171.0170%1.579-36%1.040-2%1.228-17%
Usd Profit--20414008.90020414008.9000%15895254.200+28%14208373.760+44%13624633.580+50%
Usd Revenue--146232049.300146232049.3000%102693948.500+42%101804625.340+44%84482775.650+73%
Usd Total Gains Per Share--0.1030.1030%0.057+83%0.060+73%0.071+46%
 EOD+4 -4MRQTTM+0 -0YOY+18 -165Y+24 -1210Y+18 -18

4.2. Fundamental Score

Let's check the fundamental score of OFX Group Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1512.309
Price to Book Ratio (EOD)Between0-12.683
Net Profit Margin (MRQ)Greater than00.140
Operating Margin (MRQ)Greater than00.193
Quick Ratio (MRQ)Greater than11.095
Current Ratio (MRQ)Greater than11.172
Debt to Asset Ratio (MRQ)Less than10.782
Debt to Equity Ratio (MRQ)Less than13.590
Return on Equity (MRQ)Greater than0.150.218
Return on Assets (MRQ)Greater than0.050.047
Total7/10 (70.0%)

4.3. Technical Score

Let's check the technical score of OFX Group Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5055.048
Ma 20Greater thanMa 501.487
Ma 50Greater thanMa 1001.496
Ma 100Greater thanMa 2001.502
OpenGreater thanClose1.535
Total2/5 (40.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2019-03-312020-03-312021-03-312022-03-312023-03-31
Total Other Income Expense Net -2446-23810-228-462-690934244



Latest Balance Sheet

Balance Sheet of 2023-03-31. Currency in AUD. All numbers in thousands.

Summary
Total Assets661,429
Total Liabilities517,319
Total Stockholder Equity144,110
 As reported
Total Liabilities 517,319
Total Stockholder Equity+ 144,110
Total Assets = 661,429

Assets

Total Assets661,429
Total Current Assets530,070
Long-term Assets131,359
Total Current Assets
Cash And Cash Equivalents 436,861
Short-term Investments 25,613
Net Receivables 7,365
Total Current Assets  (as reported)530,070
Total Current Assets  (calculated)469,839
+/- 60,231
Long-term Assets
Property Plant Equipment 14,868
Goodwill 65,377
Long Term Investments 5,173
Intangible Assets 37,742
Other Assets 7,083
Long-term Assets  (as reported)131,359
Long-term Assets  (calculated)130,243
+/- 1,116

Liabilities & Shareholders' Equity

Total Current Liabilities452,284
Long-term Liabilities65,035
Total Stockholder Equity144,110
Total Current Liabilities
Short-term Debt 14,107
Short Long Term Debt 148
Accounts payable 375,678
Other Current Liabilities 62,499
Total Current Liabilities  (as reported)452,284
Total Current Liabilities  (calculated)452,432
+/- 148
Long-term Liabilities
Long term Debt Total 79,142
Capital Lease Obligations Min Short Term Debt-148
Long-term Liabilities  (as reported)65,035
Long-term Liabilities  (calculated)78,994
+/- 13,959
Total Stockholder Equity
Common Stock31,600
Retained Earnings 106,978
Accumulated Other Comprehensive Income 5,532
Total Stockholder Equity (as reported)144,110
Total Stockholder Equity (calculated)144,110
+/-0
Other
Capital Stock31,600
Cash And Equivalents368,670
Cash and Short Term Investments 462,474
Common Stock Shares Outstanding 252,703
Liabilities and Stockholders Equity 661,429
Net Debt -357,719
Net Invested Capital 209,293
Net Working Capital 77,786
Property Plant and Equipment Gross 29,294
Short Long Term Debt Total 79,142



Balance Sheet

Currency in AUD. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-312015-03-312014-03-312013-03-312012-03-312011-03-312010-03-31
> Total Assets 
75,896
85,167
86,265
97,900
164,282
192,512
205,596
189,678
242,288
246,992
353,830
373,917
404,452
661,429
661,429404,452373,917353,830246,992242,288189,678205,596192,512164,28297,90086,26585,16775,896
   > Total Current Assets 
0
0
0
93,900
160,984
187,381
193,069
178,530
230,953
232,565
317,409
340,916
372,467
530,070
530,070372,467340,916317,409232,565230,953178,530193,069187,381160,98493,900000
       Cash And Cash Equivalents 
66,386
75,579
79,867
89,300
148,758
168,804
142,088
148,459
203,078
181,263
235,809
275,261
301,870
436,861
436,861301,870275,261235,809181,263203,078148,459142,088168,804148,75889,30079,86775,57966,386
       Short-term Investments 
0
0
0
3,600
8,593
10,294
26,977
14,154
10,189
32,457
32,276
27,119
25,144
25,613
25,61325,14427,11932,27632,45710,18914,15426,97710,2948,5933,600000
       Net Receivables 
0
0
0
0
2,652
6,814
20,802
11,277
1,882
3,585
7,071
5,037
5,473
7,365
7,3655,4735,0377,0713,5851,88211,27720,8026,8142,6520000
       Other Current Assets 
0
0
0
1,000
981
1,469
3,202
4,640
15,804
15,260
42,253
33,499
39,980
0
039,98033,49942,25315,26015,8044,6403,2021,4699811,000000
   > Long-term Assets 
0
0
0
4,000
3,298
5,131
12,527
11,148
11,335
14,427
36,421
33,001
31,985
131,359
131,35931,98533,00136,42114,42711,33511,14812,5275,1313,2984,000000
       Property Plant Equipment 
528
568
612
1,000
1,047
1,212
6,512
5,473
3,874
3,202
19,490
14,953
7,638
14,868
14,8687,63814,95319,4903,2023,8745,4736,5121,2121,0471,000612568528
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
65,377
65,377
65,37765,377000000000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
4,474
5,173
5,1734,474000000000000
       Intangible Assets 
66
187
158
130
95
198
2,760
5,456
7,246
11,019
14,832
18,048
19,873
37,742
37,74219,87318,04814,83211,0197,2465,4562,7601989513015818766
       Long-term Assets Other 
0
0
0
0
0
0
0
0
11,335
14,427
-34,322
-4,474
-32,539
0
0-32,539-4,474-34,32214,42711,33500000000
> Total Liabilities 
60,952
64,038
60,350
73,300
128,279
144,881
152,367
132,205
179,294
175,628
277,843
292,688
301,113
517,319
517,319301,113292,688277,843175,628179,294132,205152,367144,881128,27973,30060,35064,03860,952
   > Total Current Liabilities 
0
0
0
73,300
127,853
144,577
152,052
131,856
179,058
175,068
259,618
278,233
301,113
452,284
452,284301,113278,233259,618175,068179,058131,856152,052144,577127,85373,300000
       Short-term Debt 
0
0
0
3,600
8,593
10,294
26,977
14,154
10,189
2,918
2,918
2,848
8,348
14,107
14,1078,3482,8482,9182,91810,18914,15426,97710,2948,5933,600000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
148
1480000000000000
       Accounts payable 
0
0
0
0
701
743
51
1,130
156,867
157,194
211,908
247,094
246,611
375,678
375,678246,611247,094211,908157,194156,8671,130517437010000
       Other Current Liabilities 
0
0
0
12,400
20,090
19,243
27,174
14,802
22,191
17,874
44,792
-1
46,154
62,499
62,49946,154-144,79217,87422,19114,80227,17419,24320,09012,400000
   > Long-term Liabilities 
0
0
0
0
426
304
315
349
236
560
18,225
14,455
254,959
65,035
65,035254,95914,45518,2255602363493153044260000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
18,025
21,143
17,302
8,348
79,142
79,1428,34817,30221,14318,025000000000
       Capital Lease Obligations Min Short Term Debt
0
0
0
-3,600
-8,593
-10,294
-26,977
-14,154
-10,189
-2,918
18,225
14,455
0
-148
-148014,45518,225-2,918-10,189-14,154-26,977-10,294-8,593-3,600000
       Long-term Liabilities Other 
0
0
0
0
0
0
0
229
0
0
0
0
0
0
0000002290000000
> Total Stockholder Equity
14,944
21,129
25,915
24,600
36,003
47,631
53,229
57,473
62,994
71,364
75,987
81,229
103,339
144,110
144,110103,33981,22975,98771,36462,99457,47353,22947,63136,00324,60025,91521,12914,944
   Common Stock
360
360
360
24,400
24,360
24,360
24,360
24,360
24,360
29,113
28,774
28,990
28,576
31,600
31,60028,57628,99028,77429,11324,36024,36024,36024,36024,36024,400360360360
   Retained Earnings 
14,686
20,451
25,568
400
11,555
21,721
26,293
31,636
37,608
41,586
46,502
51,493
75,013
106,978
106,97875,01351,49346,50241,58637,60831,63626,29321,72111,55540025,56820,45114,686
   Capital Surplus 00000000000000
   Treasury Stock00000000000000
   Other Stockholders Equity 
0
0
0
0
88
1,550
278
1,477
1,026
381
-75,276
-79,545
-104,143
-138,578
-138,578-104,143-79,545-75,2763811,0261,4772781,550880000



Balance Sheet

Currency in AUD. All numbers in thousands.




Cash Flow

Currency in AUD. All numbers in thousands.




Income Statement

Currency in AUD. All numbers in thousands.


Latest Income Statement (annual, 2023-03-31)

Gross Profit (+$)
totalRevenue225,007
Cost of Revenue-14,772
Gross Profit210,235210,235
 
Operating Income (+$)
Gross Profit210,235
Operating Expense-185,746
Operating Income43,11824,489
 
Operating Expense (+$)
Research Development0
Selling General Administrative105,977
Selling And Marketing Expenses16,791
Operating Expense185,746122,768
 
Net Interest Income (+$)
Interest Income3,857
Interest Expense-5,869
Other Finance Cost-0
Net Interest Income-2,012
 
Pretax Income (+$)
Operating Income43,118
Net Interest Income-2,012
Other Non-Operating Income Expenses0
Income Before Tax (EBT)37,49342,874
EBIT - interestExpense = 37,493
37,493
37,280
Interest Expense5,869
Earnings Before Interest and Taxes (EBIT)43,36243,362
Earnings Before Interest and Taxes (EBITDA)56,534
 
After tax Income (+$)
Income Before Tax37,493
Tax Provision-6,082
Net Income From Continuing Ops31,41131,411
Net Income31,411
Net Income Applicable To Common Shares31,411
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses-155,958
Total Other Income/Expenses Net2442,012
 

Technical Analysis of Ofx
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Ofx. The general trend of Ofx is BEARISH with 14.3% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Ofx's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-14.3%) Bearish trend (14.3%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of OFX Group Ltd.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 1.6 < 1.61 < 1.62.

The bearish price targets are: 1.415 > 1.415 > 1.355.

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OFX Group Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of OFX Group Ltd. The current mas is .

The long score for the Moving Averages is 6/14.
The longshort score for the Moving Averages is -2/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

OFX Group Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of OFX Group Ltd. The current macd is 0.00814849.

The long score for the Moving Average Convergence/Divergence (MACD) is 4/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 4/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Ofx price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Ofx. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Ofx price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
OFX Group Ltd Daily Moving Average Convergence/Divergence (MACD) ChartOFX Group Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of OFX Group Ltd. The current adx is 13.94.

The long score for the Directional Movement Index (DMI) is 1/7.
The longshort score for the Directional Movement Index (DMI) is 1/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Ofx shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.