Ofx Group Share Price and Company Fundamentals
Last traded: Yesterday at 6:10 AM
OFX Group Limited provides online international payments and foreign exchange services for consumer and business clients in Australia, New Zealand, Europe, North America, Asia, and internationally. It operates through two segments, International Payment Services and International Payment Solutions. The International Payment Services segment offers bank to bank currency transfer services to businesses and consumers. The International Payment Solutions segment provides OFX IT platform; client service; compliance sophistication; banking relationships; and payments services. 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.
Key Metrics
PE ratio
20.25
PB ratio
4.00
Dividend yield
2.64%
Beta
0.08
Market cap
$303.32M
Enterprise value
$258.36M
Company profile
| Primary activities | Provider of online international payment services for consumer and business clients. |
|---|---|
| Industry / Sector | Capital Markets / Financial Services |
| Full time employees | 400 |
| Website | http://www.ofx.com |
| Mailing address | 60 Margaret Street Level 19 Sydney NSW 2000 Australia |
| Phone / Fax | 61 2 8667 8000 / 61 2 8667 8080 |
| Share registry | LINK MARKET SERVICES LIMITED |
Dividends
More: Ofx Group Dividend history, yield and payout ratio
Dividend yield
2.64%
Dividend amount
$0.03
Payout ratio
80.07%
5Y Avg. yield
3.52%
Ofx Group paid $0.03 dividend and the ex-dividend date was 25 Nov 2020.The dividend payout ratio is 80.07%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.OFX 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.
OFX's forward dividend amount is $0.03 and the forward dividend yield is 2.58%. 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 Ofx Group.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Mr. John Alexander Malcolm | CEO, MD & Exec. Director | 51 | 983.7k |
| Ms. Selena Verth CPA | Chief Financial Officer | 489.15k | |
| Mr. Mark Shaw | Chief Operating Officer | 470.28k | |
| Mr. Adam Thomas | Chief Technology Officer | ||
| Mr. Matthew Gregorowski | Investor Relations | ||
| Ms. Elisabeth Ellis | Chief Legal Officer & Company Sec. | ||
| Ms. Elaine Herlihy | Chief Marketing & Product Officer | ||
| Ms. Kate Svoboda | Chief People & Culture Officer | ||
| Ms. Sarah Webb | Pres of UK & Europe | ||
| Mr. Yung Ngo | Pres of Asia Pacific |
Profitability and management effectiveness
Profit margin
11.07%
Operating margin
14.53%
Return on assets
3.68%
Return on equity
20.72%
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 Ofx Group is 303.32M and its enterprise value is 258.36M. The enterprise value to revenue ratio of OFX is 1.92.
The OFX's stocks Beta value is 0.08 making it 92% 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 Ofx Group (OFX)
- AMP (AMP)
- ASX (ASX)
- Challenger (CGF)
- Credit Corp Group (CCP)
- Hub24 (HUB)
- Ioof Holdings (IFL)
- Janus Henderson Group Plc (JHG)
- Macquarie Group (MQG)
- Magellan Financial Group (MFG)
- Netwealth Group (NWL)
- Pendal Group (PDL)
- Perpetual (PPT)
- Pinnacle Investment Management Group (PNI)
- Platinum Asset Management (PTM)
Ofx Group (ASX:OFX) Frequently Asked Questions
1. What is Ofx Group's Stock Symbol?
Ofx Group trades on ASX under the ticker symbol "OFX".
2. What is Ofx Group's stock price today?
One share of OFX stock can currently be purchased for approximately $1.215.
3. How can I contact Ofx Group?
Ofx Group's mailing address is 60 Margaret Street Level 19 Sydney NSW 2000 Australia. The company can be reached via phone at 61 2 8667 8000.
4. What is Ofx Group's official website?
The official website of Ofx Group is http://www.ofx.com.
5. Which share registry manages Ofx Group's stock?
Ofx Group's stock is managed by LINK MARKET SERVICES LIMITED.