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Money3

ASX:MNY
Snowflake Description

Established dividend payer and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
MNY
ASX
A$404M
Market Cap
  1. Home
  2. AU
  3. Diversified Financials
Company description

Money3 Corporation Limited provides automotive finance in Australia and New Zealand. The last earnings update was 92 days ago. More info.


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MNY Share Price and Events
7 Day Returns
3.8%
ASX:MNY
-0.9%
AU Consumer Finance
-0.1%
AU Market
1 Year Returns
31.3%
ASX:MNY
57.6%
AU Consumer Finance
16.5%
AU Market
MNY Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Money3 (MNY) 3.8% -1.8% 0% 31.3% 29% 58.3%
AU Consumer Finance -0.9% -2.2% 10.7% 57.6% 29.9% 35.1%
AU Market -0.1% 1.5% 3.5% 16.5% 21.9% 20.6%
1 Year Return vs Industry and Market
  • MNY underperformed the Consumer Finance industry which returned 57.6% over the past year.
  • MNY outperformed the Market in Australia which returned 16.5% over the past year.
Price Volatility
MNY
Industry
5yr Volatility vs Market

MNY Value

 Is Money3 undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Money3 to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Money3.

ASX:MNY Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Median Return on Equity from the past 5 years.
= Stable Book Value * Return on Equity
= A$1.19 * 14.6%
A$0.17
Book Value of Equity per Share Median Book Value from the past 5 years. A$1.19
Discount Rate (Cost of Equity) See below 9.5%
Perpetual Growth Rate 10-Year AU Government Bond Rate 2.3%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for ASX:MNY
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year AU Govt Bond Rate 2.3%
Equity Risk Premium S&P Global 6%
Consumer Finance Unlevered Beta Simply Wall St/ S&P Global 0.69
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.691 (1 + (1- 30%) (33.68%))
1.207
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.21
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.31% + (1.207 * 5.96%)
9.51%

Discounted Cash Flow Calculation for ASX:MNY using Excess Returns Model Model

The calculations below outline how an intrinsic value for Money3 is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

ASX:MNY Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (14.6% – 9.51%) * A$1.19)
A$0.06
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= A$0.06 / (9.51% - 2.31%)
A$0.85
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= A$1.19 + A$0.85
A$2.04
ASX:MNY Discount to Share Price
Calculation Result
Value per share (AUD) From above. A$2.04
Current discount Discount to share price of A$2.20
= -1 x (A$2.20 - A$2.04) / A$2.04
-8.1%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Money3 is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Money3's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Money3's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:MNY PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in AUD A$0.13
ASX:MNY Share Price ** ASX (2019-11-19) in AUD A$2.2
Australia Consumer Finance Industry PE Ratio Median Figure of 7 Publicly-Listed Consumer Finance Companies 13.1x
Australia Market PE Ratio Median Figure of 519 Publicly-Listed Companies 18.7x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Money3.

ASX:MNY PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:MNY Share Price ÷ EPS (both in AUD)

= 2.2 ÷ 0.13

16.33x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Money3 is overvalued based on earnings compared to the AU Consumer Finance industry average.
  • Money3 is good value based on earnings compared to the Australia market.
Price based on expected Growth
Does Money3's expected growth come at a high price?
Raw Data
ASX:MNY PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 16.33x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts
19.6%per year
Australia Consumer Finance Industry PEG Ratio Median Figure of 5 Publicly-Listed Consumer Finance Companies 1.03x
Australia Market PEG Ratio Median Figure of 347 Publicly-Listed Companies 1.6x

*Line of best fit is calculated by linear regression .

ASX:MNY PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 16.33x ÷ 19.6%

0.83x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Money3 is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Money3's assets?
Raw Data
ASX:MNY PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in AUD A$1.32
ASX:MNY Share Price * ASX (2019-11-19) in AUD A$2.2
Australia Consumer Finance Industry PB Ratio Median Figure of 12 Publicly-Listed Consumer Finance Companies 2.06x
Australia Market PB Ratio Median Figure of 1,584 Publicly-Listed Companies 1.75x
ASX:MNY PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:MNY Share Price ÷ Book Value per Share (both in AUD)

= 2.2 ÷ 1.32

1.66x

* Primary Listing of Money3.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Money3 is good value based on assets compared to the AU Consumer Finance industry average.
X
Value checks
We assess Money3's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Consumer Finance industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Consumer Finance industry average (and greater than 0)? (1 check)
  5. Money3 has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

MNY Future Performance

 How is Money3 expected to perform in the next 1 to 3 years based on estimates from 3 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
19.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Money3 expected to grow at an attractive rate?
  • Money3's earnings growth is expected to exceed the low risk savings rate of 2.3%.
Growth vs Market Checks
  • Money3's earnings growth is expected to exceed the Australia market average.
  • Money3's revenue growth is expected to exceed the Australia market average.
Annual Growth Rates Comparison
Raw Data
ASX:MNY Future Growth Rates Data Sources
Data Point Source Value (per year)
ASX:MNY Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts 19.6%
ASX:MNY Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 3 Analysts 16.9%
Australia Consumer Finance Industry Earnings Growth Rate Market Cap Weighted Average 45.9%
Australia Consumer Finance Industry Revenue Growth Rate Market Cap Weighted Average 22.4%
Australia Market Earnings Growth Rate Market Cap Weighted Average 9.7%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3.6%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ASX:MNY Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:MNY Future Estimates Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-06-30 153 8 43 2
2021-06-30 139 0 39 3
2020-06-30 117 -13 29 3
2019-11-19
ASX:MNY Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2019-06-30 92 -28 24
2018-12-31 128 -15 34
2018-09-30 125 -10 33
2018-06-30 74 -5 21
2018-03-31 120 -7 31
2017-12-31 118 -10 31
2017-09-30 114 -20 30
2017-06-30 110 -30 29
2017-03-31 105 -31 26
2016-12-31 101 -32 24
2016-09-30 99 -21 22

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Money3's earnings are expected to grow by 19.6% yearly, however this is not considered high growth (20% yearly).
  • Money3's revenue is expected to grow by 16.9% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ASX:MNY Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below

All data from Money3 Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:MNY Future Estimates Data
Date (Data in AUD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-06-30 0.24 0.24 0.24 2.00
2021-06-30 0.21 0.21 0.21 2.00
2020-06-30 0.16 0.16 0.16 1.00
2019-11-19
ASX:MNY Past Financials Data
Date (Data in AUD Millions) EPS *
2019-06-30 0.13
2018-12-31 0.20
2018-09-30 0.20
2018-06-30 0.13
2018-03-31 0.20
2017-12-31 0.20
2017-09-30 0.19
2017-06-30 0.19
2017-03-31 0.17
2016-12-31 0.16
2016-09-30 0.15

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Money3 is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Money3's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Australia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Australia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Money3 has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

MNY Past Performance

  How has Money3 performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Money3's growth in the last year to its industry (Consumer Finance).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Money3 has delivered over 20% year on year earnings growth in the past 5 years.
  • Money3's 1-year earnings growth is less than its 5-year average (14.2% vs 22.2%)
  • Money3's earnings growth has not exceeded the Oceania Consumer Finance industry average in the past year (14.2% vs 14.2%).
Earnings and Revenue History
Money3's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Money3 Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:MNY Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 91.70 24.19 42.05
2018-12-31 127.50 34.09 64.54
2018-09-30 124.69 33.06 63.58
2018-06-30 73.62 21.18 32.04
2018-03-31 120.09 31.40 61.91
2017-12-31 118.30 30.77 61.18
2017-09-30 113.97 29.93 58.94
2017-06-30 109.64 29.09 56.69
2017-03-31 105.31 26.50 57.04
2016-12-31 100.99 23.91 57.38
2016-09-30 98.82 22.02 58.13
2016-06-30 96.66 20.13 58.89
2016-03-31 90.23 18.40 54.93
2015-12-31 83.79 16.66 50.97
2015-09-30 76.41 15.30 46.95
2015-06-30 69.04 13.94 42.94
2015-03-31 62.91 12.98 38.63
2014-12-31 56.79 12.03 34.32
2014-09-30 50.15 9.93 30.43
2014-06-30 43.51 7.83 26.55
2014-03-31 37.67 6.50 23.06
2013-12-31 31.84 5.17 19.58
2013-09-30 27.31 4.41 16.60
2013-06-30 22.79 3.65 13.62
2013-03-31 20.74 3.37 12.81
2012-12-31 18.69 3.09 12.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Money3 has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Money3 used its assets more efficiently than the AU Consumer Finance industry average last year based on Return on Assets.
  • Money3's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Money3's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Consumer Finance industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Money3 has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

MNY Health

 How is Money3's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Money3's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Money3 is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Money3's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Money3's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 1.5x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Money3 Company Filings, last reported 4 months ago.

ASX:MNY Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 240.70 136.01 36.31
2018-12-31 233.71 98.27 23.66
2018-09-30 233.71 98.27 23.66
2018-06-30 219.18 97.83 46.31
2018-03-31 219.18 97.83 46.31
2017-12-31 190.07 77.34 10.94
2017-09-30 190.07 77.34 10.94
2017-06-30 182.06 79.51 21.11
2017-03-31 182.06 79.51 21.11
2016-12-31 168.18 60.12 7.77
2016-09-30 168.18 60.12 7.77
2016-06-30 156.52 48.63 27.18
2016-03-31 156.52 48.63 27.18
2015-12-31 149.76 35.35 21.43
2015-09-30 149.76 35.35 21.43
2015-06-30 122.73 35.27 12.42
2015-03-31 122.73 35.27 12.42
2014-12-31 108.65 37.06 26.30
2014-09-30 108.65 37.06 26.30
2014-06-30 81.10 29.34 23.68
2014-03-31 81.10 29.34 23.68
2013-12-31 76.27 3.27 9.36
2013-09-30 76.27 3.27 9.36
2013-06-30 51.22 3.05 4.56
2013-03-31 51.22 3.05 4.56
2012-12-31 38.75 3.04 0.58
  • Money3's level of debt (56.5%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (36.1% vs 56.5% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Interest payments on debt are well covered by earnings (EBIT is 4.2x coverage).
X
Financial health checks
We assess Money3's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Money3 has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

MNY Dividends

 What is Money3's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
4.55%
Current annual income from Money3 dividends. Estimated to be 5.24% next year.
If you bought A$2,000 of Money3 shares you are expected to receive A$91 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Money3's pays a higher dividend yield than the bottom 25% of dividend payers in Australia (2.37%).
  • Money3's dividend is below the markets top 25% of dividend payers in Australia (5.62%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ASX:MNY Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
Australia Consumer Finance Industry Average Dividend Yield Market Cap Weighted Average of 5 Stocks 3.2%
Australia Market Average Dividend Yield Market Cap Weighted Average of 390 Stocks 4.1%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.5%
Australia Bottom 25% Dividend Yield 25th Percentile 2.4%
Australia Top 25% Dividend Yield 75th Percentile 5.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

ASX:MNY Future Dividends Estimate Data
Date (Data in A$) Dividend per Share (annual) Avg. No. Analysts
2022-06-30 0.13 2.00
2021-06-30 0.12 3.00
2020-06-30 0.10 3.00
2019-11-19
ASX:MNY Past Annualized Dividends Data
Date (Data in A$) Dividend per share (annual) Avg. Yield (%)
2019-08-19 0.100 4.524
2019-02-25 0.100 4.916
2018-08-27 0.100 5.554
2018-02-19 0.090 4.690
2017-08-31 0.057 3.528
2017-02-21 0.050 3.468
2016-08-29 0.053 3.172
2016-02-25 0.055 5.109
2015-09-30 0.055 5.692
2015-08-28 0.055 5.000
2014-08-21 0.045 3.375
2013-08-29 0.040 3.902
2013-02-22 0.040 4.907
2012-08-31 0.040 8.335
2012-03-02 0.043 10.880
2011-09-02 0.043 10.336
2011-03-08 0.043 9.757
2010-09-08 0.041 8.407
2010-03-10 0.034 7.654
2009-10-08 0.033 7.040

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Money3's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.3x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.8x coverage).
X
Income/ dividend checks
We assess Money3's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.5%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Money3 afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Money3 has a total score of 5/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

MNY Management

 What is the CEO of Money3's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Scott Baldwin
COMPENSATION A$1,404,515
TENURE AS CEO 4.2 years
CEO Bio

Mr. Scott Joseph Baldwin, B.Eng (Hons) MBA GAICD has been Managing Director of Money3 Corporation Limited since September 29, 2015 and also serves as its Chief Executive Officer and Executive Director. Mr. Baldwin served as the Acting Chief Executive Officer of Money3 Corporation Limited. He served as an Acting Managing Director of Money3 Corporation Limited since July 22, 2015. He served as the Chief Operating Officer of Money3 Corporation Limited since April 25, 2008 until July 22, 2015.

CEO Compensation
  • Scott's compensation has increased by more than 20% in the past year whilst earnings grew less than 20%.
  • Scott's remuneration is higher than average for companies of similar size in Australia.
Management Team Tenure

Average tenure of the Money3 management team in years:

2.8
Average Tenure
  • The tenure for the Money3 management team is about average.
Management Team

Scott Baldwin

TITLE
CEO, MD & Executive Director
COMPENSATION
A$1M
TENURE
4.2 yrs

Siva Subramani

TITLE
Chief Financial Officer
COMPENSATION
A$474K
TENURE
1.7 yrs

Rob Camilleri

TITLE
Chief Information Officer
COMPENSATION
A$351K
TENURE
2.8 yrs

Craig Harris

TITLE
General Manager of Lending
COMPENSATION
A$585K

Michael Neville

TITLE
Chief Operating Officer
TENURE
0.4 yrs

Julian Cook

TITLE
Head of Marketing

Terri Bakos

TITLE
Company Secretary
TENURE
3.1 yrs

Roy Gormley

TITLE
Chief Executive Officer of Go Car Finance - New Zealand
Board of Directors Tenure

Average tenure of the Money3 board of directors in years:

1
Average Tenure
  • The average tenure for the Money3 board of directors is less than 3 years, this suggests a new board.
Board of Directors

Stuart Robertson

TITLE
Chairman
COMPENSATION
A$252K
TENURE
1 yrs

Scott Baldwin

TITLE
CEO, MD & Executive Director
COMPENSATION
A$1M
TENURE
10.8 yrs

Symon Brewis-Weston

TITLE
Independent Non-Executive Director
COMPENSATION
A$64K
AGE
50
TENURE
1 yrs

Kate Robb

TITLE
Independent Non-Executive Director
TENURE
0.2 yrs

Leath Nicholson

TITLE
Non-Executive Director
COMPENSATION
A$232K
TENURE
3.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
X
Management checks
We assess Money3's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Money3 has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

MNY News

Simply Wall St News

Should You Be Tempted To Sell Money3 Corporation Limited (ASX:MNY) Because Of Its P/E Ratio?

We'll look at Money3 Corporation Limited's (ASX:MNY) P/E ratio and reflect on what it tells us about the company's share price. … See our latest analysis for Money3 How Do I Calculate A Price To Earnings Ratio? … The formula for price to earnings is: Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS) Or for Money3: P/E of 16.33 = A$2.2 ÷ A$0.13 (Based on the trailing twelve months to June 2019.) Is A High Price-to-Earnings Ratio Good?

Simply Wall St -

Why Dividend Hunters Love Money3 Corporation Limited (ASX:MNY)

Dividend Growth Potential Dividend payments have been consistent over the past few years, but we should always check if earnings per share (EPS) are growing, as this will help maintain the purchasing power of the dividend. … Strong earnings per share (EPS) growth might encourage our interest in the company despite fluctuating dividends, which is why it's great to see Money3 has grown its earnings per share at 26% per annum over the past five years. … We like that it has been delivering solid improvement in its earnings per share, and relatively consistent dividend payments.

Simply Wall St -

If You Had Bought Money3 (ASX:MNY) Shares Three Years Ago You'd Have Made 125%

It is important to consider the total shareholder return, as well as the share price return, for any given stock. … As it happens, Money3's TSR for the last 3 years was 155%, which exceeds the share price return mentioned earlier. … Given the share price momentum remains strong, it might be worth taking a closer look at the stock, lest you miss an opportunity.

Simply Wall St -

Is Money3 Corporation Limited's (ASX:MNY) CEO Salary Justified?

This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. … View our latest analysis for Money3 … How Does Scott Baldwin's Compensation Compare With Similar Sized Companies?

Simply Wall St -

Here's What Money3 Corporation Limited's (ASX:MNY) P/E Is Telling Us

This article is written for those who want to get better at using price to earnings ratios (P/E ratios). … How Do I Calculate A Price To Earnings Ratio … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

Simply Wall St -

Can We See Significant Insider Ownership On The Money3 Corporation Limited (ASX:MNY) Share Register?

Generally speaking, as a company grows, institutions will increase their ownership. … Money3 is a smaller company with a market capitalization of AU$344m, so it may still be flying under the radar of many institutional investors. … Taking a look at our data on the ownership groups (below), it's seems that.

Simply Wall St -

Where Money3 Corporation Limited (ASX:MNY) Stands In Terms Of Earnings Growth Against Its Industry

Were MNY's earnings stronger than its past performances and the industry. … MNY's trailing twelve-month earnings (from 31 December 2018) of AU$34m has. … However, this one-year growth rate has been lower than its average earnings growth rate over the past 5 years of 30%, indicating the rate at which MNY is growing has slowed down

Simply Wall St -

Money3 Corporation Limited (ASX:MNY): What Can We Expect From This High Growth Stock?

Want to participate in a short research study? … Help shape the future of investing tools and receive a $20 prize! … Money3 Corporation Limited's (ASX:MNY) latest earnings update in June 2018a

Simply Wall St -

Investors Are Undervaluing Money3 Corporation Limited (ASX:MNY) By 15.58%

Given that these companies adhere to a different set of rules relative to other companies, their cash flows should also be valued differently. … For instance, these lenders must hold a certain level of cash reserves on the books as a safety precaution.

Simply Wall St -

How Does Money3 Corporation Limited (ASX:MNY) Fare As A Dividend Stock?

A sizeable part of portfolio returns can be produced by dividend stocks due to their contribution to compounding returns in the long run. … Historically, Money3 Corporation Limited (ASX:MNY) has paid a dividend to shareholders. … Does Money3 tick all the boxes of a great dividend stock?

Simply Wall St -

MNY Company Info

Description

Money3 Corporation Limited provides automotive finance in Australia and New Zealand. The company offers vehicle loans that include loans for new and used cars, campervans, vans, minibuses, motorbikes, caravans, utes, trailers, boats, jet skis, trucks, ride on mowers, and tractors. It also provides secured and unsecured personal, and cash loans. The company provides loans through brokers under the Money3 and GoCarFinance brand names. Money3 Corporation Limited is headquartered in Bundoora, Australia.

Details
Name: Money3 Corporation Limited
MNY
Exchange: ASX
Founded:
A$403,805,936
183,548,153
Website: http://www.money3.com.au
Address: Money3 Corporation Limited
40 Graduate Road,
Level 1,
Bundoora,
Victoria, 3083,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX MNY Ordinary Shares Australian Securities Exchange AU AUD 19. Oct 2006
CHIA MNY Ordinary Shares Chi-X Australia AU AUD 19. Oct 2006
Number of employees
Current staff
Staff numbers
0
Money3 employees.
Industry
Consumer Finance
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/19 10:35
End of day share price update: 2019/11/19 00:00
Last estimates confirmation: 2019/11/18
Last earnings filing: 2019/08/19
Last earnings reported: 2019/06/30
Last annual earnings reported: 2019/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.