Mortgage Choice Share Price and Company Fundamentals



Price
$1.932
Change
0.000 (0.000%)
52 week
0.61 - 1.935

Last traded: Today at 3:52 AM

Mortgage Choice Limited provides mortgage broking services in Australia. It operates through two segments, Mortgage Choice Franchised Mortgage Broking and Mortgage Choice's Financial Planning Arm. The company offers assistance in determining the borrowing capacities of residential mortgage borrowers; and assessment of a range of home loans products, as well as submits loan applications on behalf of borrowers. It also provides assistance with car loans, equipment finance, general insurance, and personal loans to support personal and home pursuits and/or consolidate debts; and financial planning services. In addition, the company offers life, mortgage and income protection, car, home building and contents, lenders mortgage, and landlord insurance products. It provides loan origination services through its franchise network. The company was founded in 1992 and is headquartered in North Sydney, Australia.

Key Metrics

PE ratio

25.76

PB ratio

2.68

Dividend yield

3.88%

Beta

0.88

Market cap

$241.49M

Enterprise value

$237.18M

Company profile

Primary activitiesMortgage broking, financial planning and associated financial services. Franchising.
Industry / SectorMortgage Finance / Financial Services
Websitehttp://www.mortgagechoice.com.au
Mailing address100 Pacific Highway Level 10 North Sydney NSW 2060 Australia
Phone / Fax61 2 8907 0444 / 61 2 9922 1258
Share registryLINK MARKET SERVICES LIMITED

Annual reports

Published onReport
26 Aug 2020Annual Report to shareholders

Dividends

More: Mortgage Choice Dividend history, yield and payout ratio

Dividend yield

3.88%

Dividend amount

$0.08

Payout ratio

86.67%

5Y Avg. yield

8.65%

Mortgage Choice paid $0.08 dividend and the ex-dividend date was 25 Feb 2021.The dividend payout ratio is 86.67%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.MOC dividend payout ratio is between 70-90%. The lower dividend payout ratio is preferrable since it provides company margin to grow the dividends in future.

MOC's forward dividend amount is $0.08 and the forward dividend yield is 4.15%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of May 2021, following are the company executives and directors listed on Mortgage Choice.

NameTitleAgeTotal Pay
Ms. Susan R. MitchellChief Exec. Officer778.67k
Mr. Peter G. HigginsCo-Founder & Non-Exec. Director60104.03k
Mr. Rodney G. HigginsCo-Founder & Non-Exec. Director65104.03k
Mr. Ian J. Parkes BEC, C.A., M.B.A.Chief Financial Officer480.14k
Mr. Vincent C. ten KroodenGen. Mang. of Technology332.5k
Ms. Emma A. Dupont-BrownGen. Mang. of Product & Corp. Communications346.76k
Mr. Stephan GervoisGen. Mang. of Marketing315.79k
Ms. Marie J. PittonGen. Mang. of HR232.18k
Mr. Neill C. Rose-InnesGen. Mang. of Distribution413.06k
Mr. David C. ZammitGen. Mang. of Distribution & Wealth370.87k

Profitability and management effectiveness

Profit margin

5.12%

Operating margin

7.40%

Return on assets

2.10%

Return on equity

10.85%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Mortgage Choice is 241.49M and its enterprise value is 237.18M. The enterprise value to revenue ratio of MOC is 1.27.

The MOC's stocks Beta value is 0.88 making it 12% less volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Companies similar to Mortgage Choice (MOC)

Mortgage Choice (ASX:MOC) Frequently Asked Questions

1. What is Mortgage Choice's Stock Symbol?

Mortgage Choice trades on ASX under the ticker symbol "MOC".

2. What is Mortgage Choice's stock price today?

One share of MOC stock can currently be purchased for approximately $1.932.

3. How can I contact Mortgage Choice?

Mortgage Choice's mailing address is 100 Pacific Highway Level 10 North Sydney NSW 2060 Australia. The company can be reached via phone at 61 2 8907 0444.

4. What is Mortgage Choice's official website?

The official website of Mortgage Choice is http://www.mortgagechoice.com.au.

5. Which share registry manages Mortgage Choice's stock?

Mortgage Choice's stock is managed by LINK MARKET SERVICES LIMITED.