FSA GROUP LIMITED (FSA)



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General Information
Company Name: FSA Group Limited
Stock Code: FSA
Website: www.fsagroup.com.au
GICS Sub-Industry: Other Diversified Financial Services
Market Cap ($M): 95
Equiv. Shares (M): 125

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
$ 0.760 $ 0.760 $ 0.760 $ 0.760 $ 0.760 39,898 0%

Company Overview

Business Description:
FSA Group Limited (FSA) is a provider of debt solutions and direct lending services to individuals and businesses in Australia. .


Financial Summary
Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2012  A 8.5 6.3 -3.1 4.7 2.2 7.4 100.0
2011  A 9.0 6.5 12.1 4.9 1.0 3.1 100.0
2010  A 7.5 5.8 -19.4 6.7 0.0 0.0 --
Source: Aspect actuals / Thomson IBES estimates

Peer Comparison
EPS Growth (%) P/E (%) Dividend Yield (%)
Company Mkt Cap 2010 A 2011 F 2012 F 2010 A 2011 F 2012 F 2010 A 2011 F 2012 F
FSA Group (FSA) $95 M -0.0368 -- -- 12.1212 -- -- 0.0289 -- --
IOOF (IFL) $2,043 M -0.1406 0.1269 0.1281 21.3075 18.9085 16.7619 0.0420 0.0470 0.0522
Macquarie Group (MQG) $15,515 M 0.2165 0.4301 0.1148 18.5575 12.9763 11.6395 0.0438 0.0545 0.0618
Perpetual (PPT) $1,902 M 0.1615 0.1186 0.1809 26.9370 24.0817 20.3925 0.0199 0.0260 0.0381
Platinum Asset Mgmt (PTM) $3,143 M -0.1447 0.0036 0.1749 24.5224 24.4356 20.7988 0.0380 0.0376 0.0460

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth P/S Ratio
FSA 0.45 12.1 1.81 -- 1.91
Market 1.10 12.9 0.91 2.56 2.61
Sector 1.24 20.1 1.16 1.34 5.30

Directors
Name Position Start Date
Mr Tim Odillo Maher Executive Director 30 July 2002
Deborah Louise Southon Executive Director 30 July 2002
Mr Stan Kalinko Non-Executive Director 09 May 2007
Ms Sally Herman Non-Executive Director 24 January 2011
Mr Samuel (Sam) Sydney Doumany Non-Executive Director,Non-Executive Chairman 18 December 2002

Management
Name Position
Cellina Chen Chief Financial Officer
Donald Charles Mackenzie Company Secretary

Substantial Shareholders
Holding Name
16,809,231 (12.16%) Mazamand Group Pty Ltd
11,000,000 (7.96%) BJR Investment Holdings Pty Ltd
12,960,047 (9.37%) ADST Pty Ltd

Calendar of Events
Date Event
21 February 2014 Report (Interim)
25 September 2013 Report (Annual)
23 August 2013 Report (Prelim)
© 2011 Morningstar, Inc. All rights reserved. The data and content contained herein are not guaranteed to be accurate, complete or timely. Neither Morningstar, nor its affiliates nor their content providers will have any liability for use or distribution of any of this information. To the extent that any of the content above constitutes advice, it is general advice that has been prepared by Morningstar Australasia Pty Ltd ABN: 95 090 665 544, AFSL: 240892 (a subsidiary of Morningstar, Inc.), without reference to your objectives, financial situation or needs. Before acting on any advice, you should consider the appropriateness of the advice and we recommend you obtain financial, legal and taxation advice before making any financial investment decision. If applicable investors should obtain the relevant product disclosure statement and consider it before making any decision to invest. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). DISCLOSURE: Employees may have an interest in the securities discussed in this report. Please refer to our Financial Services Guide (FSG) for more information at www.morningstar.com.au/fsg.asp.

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