What is the price-to-earnings ratio of OFX Group?
The price-earnings ratio of OFX Group is currently 1.48.
OFX Group P/S 2025
OFX Group P/S
1.48
Ticker
OFX.AX
ISIN
AU000000OFX5
As of Jan 13, 2025, OFX Group's P/S ratio stood at 1.48, a -32.73% change from the 2.2 P/S ratio recorded in the previous year.
The OFX Group P/S history
OFX Group Aktienanalyse
What does OFX Group do?
OFX Group Ltd is an Australian company specializing in international money transfers and foreign exchange transactions. The company was founded in 1998 as OzForex and has experienced strong growth since then. In 2016, it was renamed OFX Group Ltd to better reflect its international growth and expanded offerings. OFX offers a wide range of services to both individuals and businesses. Its core areas of business include currency exchange, money transfers, and risk management. The prices for these services are typically cheaper than traditional banks, as the company relies on specially developed technologies and processes to facilitate faster and more efficient transactions. Most transactions are completed online, making the entire process user-friendly for customers. OFX caters to both individual and business customers. The services for individuals include sending money abroad for various purposes such as property purchases or simple cash transfers. OFX also offers a wide range of services for businesses that need to send money overseas or require foreign currencies for cross-border transactions. Another important part of OFX's business model is risk management for businesses. Small and medium-sized enterprises, especially in rural areas, can be heavily affected by sudden fluctuations in exchange rates. OFX provides a variety of tools to hedge against such fluctuations, helping to reduce risk for businesses. OFX has also developed a mobile app to facilitate access to its services. Customers can easily track and execute their transfers on their smartphones or tablets. This is beneficial for both consumers and business customers, as they can make transfers on the go. OFX maintains a global network of correspondent banks and can process payments in over 55 currencies. The company has offices in North America, Europe, and the Asia-Pacific region. It employs over 350 staff members and serves over 1 million customers worldwide. In recent years, OFX has received several awards, including the Best Forex Provider award from Money magazine and the Best International Money Transfer Service award from Choice. The company has experienced strong growth and has established the OFX brand, which is now known for fast, efficient, and cost-effective international money transfers. Overall, OFX is an impressive example of how technology and innovation can overcome barriers in international business. The company has found a niche in a competitive market, expanding its customer base and offerings. OFX has established itself as a key player in the international banking industry and is focused on continuing to grow and constantly offer new services and products to its customers. OFX Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/S Details
Decoding OFX Group's P/S Ratio
OFX Group's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.
Year-to-Year Comparison
Comparing OFX Group's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.
Impact on Investments
The P/S ratio is instrumental for investors evaluating OFX Group's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.
Interpreting P/S Ratio Fluctuations
Variations in OFX Group’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.
Frequently Asked Questions about OFX Group stock
How has the price-earnings ratio of OFX Group changed compared to last year?
The price-to-earnings ratio of OFX Group has increased by -32.73% fallen (meaning "decreased" or "dropped") compared to last year.
What consequences does a high price-earnings ratio have for investors?
A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.
What does a low price-earnings ratio mean?
A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.
Is the price-earnings ratio of OFX Group high compared to other companies?
Yes, the price-to-earnings ratio of OFX Group is high compared to other companies.
How does an increase in the price-earnings ratio of OFX Group affect the company?
An increase in the price-earnings ratio of OFX Group would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.
How does a reduction in the price-to-earnings ratio of OFX Group affect the company?
A decrease in the price-earnings ratio of OFX Group would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.
What are some factors that influence the price-earnings ratio of OFX Group?
Some factors that influence the price-earnings ratio of OFX Group are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does OFX Group pay?
Over the past 12 months, OFX Group paid a dividend of 0.03 AUD . This corresponds to a dividend yield of about 2.33 %. For the coming 12 months, OFX Group is expected to pay a dividend of 0.12 AUD.
What is the dividend yield of OFX Group?
The current dividend yield of OFX Group is 2.33 %.
When does OFX Group pay dividends?
OFX Group pays a quarterly dividend. This is distributed in the months of July, December, July, December.
How secure is the dividend of OFX Group?
OFX Group paid dividends every year for the past 3 years.
What is the dividend of OFX Group?
For the upcoming 12 months, dividends amounting to 0.12 AUD are expected. This corresponds to a dividend yield of 8.56 %.
In which sector is OFX Group located?
OFX Group is assigned to the 'Finance' sector.
Wann musste ich die Aktien von OFX Group kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of OFX Group from 12/11/2020 amounting to 0.008 AUD, you needed to have the stock in your portfolio before the ex-date on 11/25/2020.
When did OFX Group pay the last dividend?
The last dividend was paid out on 12/11/2020.
What was the dividend of OFX Group in the year 2024?
In the year 2024, OFX Group distributed 0 AUD as dividends.
In which currency does OFX Group pay out the dividend?
The dividends of OFX Group are distributed in AUD.
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Andere Kennzahlen von OFX Group
Our stock analysis for OFX Group Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of OFX Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.