Thorn Group Share Price and Company Fundamentals



Price
$0.17
Change
0.030 (21.429%)
52 week
0.13 - 0.36

Last traded: Today at 5:10 AM

Thorn Group Limited operates as a diversified financial services company in Australia. The company provides commercial finance, such as working capital and business asset lending solutions to small and medium size enterprises. It offers debtor finance and asset finance products under the thornmoney brand. Thorn Group Limited was founded in 1937 and is based in Sydney, Australia.

Key Metrics

PE ratio

6.72

PB ratio

0.86

Dividend yield

7.14%

Beta

2.17

Market cap

-

Enterprise value

-

Company profile

Primary activitiesA diversified financial services organisation providing alternate consumer and commercial financing solutions, consumer and commercial leasing products and fully integrated debt collection and receivables management services.
Industry / SectorRental & Leasing Services / Industrials
Websitehttps://www.thorn.com.au
Mailing address320 Pitt Street Ground Floor Sydney NSW 2000 Australia
Phone / Fax61 2 9101 5000 /
Share registryCOMPUTERSHARE INVESTOR SERVICES PTY LIMITED

Dividends

More: Thorn Group Dividend history, yield and payout ratio

Dividend yield

7.14%

Dividend amount

$0.01

Payout ratio

26.37%

Thorn Group paid $0.01 dividend and the ex-dividend date was 05 Oct 2022.The dividend payout ratio is 26.37%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.TGA dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

TGA's forward dividend amount is $0.13 and the forward dividend yield is 52.00%. 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 Oct 2022, following are the company executives and directors listed on Thorn Group.

NameTitleAgeTotal Pay
Mr. Peter LirantzisChief Exec. Officer1.28M
Mr. Luis OrpChief Financial Officer635.15k
Ms. Alexandra Elizabeth Rose FCIS, M.B.A.Company Sec., Gen. Counsel and GM of Risk & Compliance
Mr. Mark PerrettHead of Digital RR
Mr. John MurrayHead of Group Credit Risk

Profitability and management effectiveness

Profit margin

187.01%

Operating margin

107.49%

Return on assets

4.94%

Return on equity

13.00%

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 Thorn Group is and its enterprise value is .

The TGA's stocks Beta value is 2.17 making it 117% more 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 Thorn Group (TGA)

Thorn Group (ASX:TGA) Frequently Asked Questions

1. What is Thorn Group's Stock Symbol?

Thorn Group trades on ASX under the ticker symbol "TGA".

2. What is Thorn Group's stock price today?

One share of TGA stock can currently be purchased for approximately $0.17.

3. How can I contact Thorn Group?

Thorn Group's mailing address is 320 Pitt Street Ground Floor Sydney NSW 2000 Australia. The company can be reached via phone at 61 2 9101 5000.

4. What is Thorn Group's official website?

The official website of Thorn Group is https://www.thorn.com.au.

5. Which share registry manages Thorn Group's stock?

Thorn Group's stock is managed by COMPUTERSHARE INVESTOR SERVICES PTY LIMITED.