Money3 Corporation Limited (MNY)



Welcome to InvestSMART

You are currently viewing our site as a guest, which gives you limited access to our site features. By signing up for a free membership, you will receive our Investment Opportunity newsletters and have access to additional features for finding and comparing managed funds and shares. Registration is fast and simple, so please:

Sign Up Today Ľ it's FREE! Already a member? Login now!


General Information
Company Name: Money3 Corporation Limited
Stock Code: MNY
Website: www.money3.com.au
GICS Sub-Industry: Consumer Finance
Market Cap ($M): 131
Equiv. Shares (M): 108

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
$ 1.220 $ 1.220 $ 1.240 $ 1.210 $ 1.220 107,126 0%

Current Broker Consensus Recommendation more
Recommendation: Strong Buy (1)
Recommendation Date: 1st Oct 2014
Brokers Surveyed: 1

Company Overview

Business Description:
Money3 Corporation Limited (MNY) is a licensed credit provider of short term loans and financial services, specialising in the delivery of small cash loans, personal loans, vehicle financing, equipment and car rental, and cheque cashing. Money3 currently has a 69 branch network throughout Victoria, New South Wales, South Australia, Queensland and Tasmania. The Company also is a member of The Credit Ombudsman Service Limited, an external dispute resolution scheme.


Financial Summary
Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2016  F 13.0 10.8 30.1 11.3 5.4 4.4 --
2015  F 9.4 8.3 7.8 14.7 4.8 3.9 --
2014  A 7.8 7.7 35.1 13.0 4.5 4.5 100.0
Source: Aspect actuals / Thomson IBES estimates

Peer Comparison
EPS Growth (%) P/E (%) Dividend Yield (%)
Company Mkt Cap 2014 A 2015 F 2016 F 2014 A 2015 F 2016 F 2014 A 2015 F 2016 F
Magellan Financial Group (MFG) $2,045 M 0.6786 -- -- 26.2577 -- -- 2.96 -- --
Money3 Corporation (MNY) $131 M 0.3350 0.0824 0.2995 15.9477 14.7343 11.3383 3.69 3.93 4.43
OzForex Group (OFX) $586 M -- 0.0562 0.1979 27.4157 25.9574 21.6696 0.98 3.28 3.69

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth P/S Ratio
MNY 0.82 15.6 1.61 0.84 2.88
Market 1.19 13.7 1.00 0.96 3.30
Sector 1.23 14.2 1.06 1.67 7.71

Directors
Name Position Start Date
Mr Scott Baldwin Chief Operating Officer,Executive Director 13 January 2009
Mr Robert Bryant Executive Director,Chief Executive Officer 25 November 2005
Mr Miles Lawrence Hampton Non-Executive Director 01 September 2014
Ms Bettina Evert Non-Executive Director 28 February 2006
Mr Christopher Baldwin Non-Executive Director 25 November 2005
Mr Kang Hong Tan Non-Executive Director 25 November 2005
Mr Vaughan Webber Non-Executive Director,Non-Executive Chairman 19 December 2013

Management
Name Position
Craig Harris Chief Financial Officer,Company Secretary

Substantial Shareholders
Holding Name
7,130,036 (9.12%) Hosking Financial Investments Pty Ltd
7,440,535 (9.93%) Rocsange Pty Ltd
4,061,057 (5.19%) Picton Cove Pty Ltd
5,453,358 (6.97%) Pie Funds Management Ltd

Calendar of Events
Date Event
20 August 2015 Report (Prelim)
24 February 2015 Report (Interim)
23 October 2014 Div Pay Date
08 October 2014 Books Close
© 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.

Advertisement

Trade Shares Online from $19.95^
Free Guides

The SMH Guide to Investing in Property through Super

An educational booklet on running your own superannuation fund and investing in property.

More details...

News

Billionaires bankroll Ten's new direction Media Network sees digital future

The Age 19/12/2013 | Ten Network's programming ambitions will be funded by a $200 million loan guaranteed by three of its billionaire owners, as the free-to-air broadcaster declared digital was the future and pointed to early signs that its switch to an older market demographic was working.

Elders alleges $24m fraud in live cattle division

The Age 19/12/2013 | Troubled rural services group Elders is threatening to call in the police over an alleged $24 million fraud by a "handful of individuals" in its live cattle exports division.

Bega Cheese holds back in three-way bidding war for WCB

The Age 19/12/2013 | Bega Cheese began the battle for Warrnambool Cheese & Butter but three months on it appears to be the first casualty of the bidding war.

Aussie hampers transition

The Age 19/12/2013 | A persistently high Australian dollar is thwarting the Reserve Bank's efforts to ease the transition of the economy away from mining.

RBA keeps its focus on lower dollar

The Age 19/12/2013 | The Reserve Bank is keeping the door open to further interest rate cuts, but believes the "significant amount" of monetary policy easing over the past two years is already stimulating growth.

Pact's struggles weigh down Orora

The Age 19/12/2013 | The underwhelming sharemarket debut of packaging company Pact Group Holdings has weighed on the demerger of Amcor and its $2 billion Australasian packaging and distribution business Orora.

More...


Sponsored Links