RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
Resimac Group Stock

Resimac Group Market capitalization 2024

Resimac Group Market capitalization

358.91 M AUD

Ticker

RMC.AX

ISIN

AU0000033094

WKN

A2PALP

In 2024, Resimac Group's market cap stood at 358.91 M AUD, a -8.53% increase from the 392.4 M AUD market cap in the previous year.

The Resimac Group Market capitalization history

YEARMarket Capitalization (undefined AUD)
2023394.32
2022557.15
2021893.47
2020508.15
2019314.75
2018229.4
2017160.51
201648.65
201560.75
201480.05
201394.48
201265.56
201168.07
201056.08
200932.38
200832.43
200736.67
200618.95
200515.61
200412.27

Resimac Group Aktienanalyse

What does Resimac Group do?

Resimac Group Ltd is a New Zealand-based financial services company specializing in providing mortgage-backed loans and financial solutions. The company was founded in 1985 under the name "Fleet Securities" and was renamed Resimac in 1998 when it expanded into Australia. Since 2016, Resimac has been listed on the Australian Stock Exchange ASX. Resimac's core business is the issuance of mortgage-backed loans to individuals and companies. The company is active in both the primary and secondary markets. In the primary market, Resimac directly lends to customers, while in the secondary market, it acquires existing loan portfolios from other financial institutions and manages them. Resimac operates in various sectors, such as Residential Loans, Commercial Loans, or Auto & Equipment Finance. In the Residential Loans sector, Resimac offers mortgage-backed loans for home purchases, refinancing existing loans, or financing renovations or remodeling. In the Commercial Loans sector, Resimac provides loans for commercial properties, offices, or warehouses. In the Auto & Equipment Finance sector, the focus is on financing vehicles or machinery. Resimac is also active in the market for securitization of loans. The company bundles multiple loans into a package and sells these packages as securities to investors. This allows Resimac to free up capital to issue further loans. An important characteristic of Resimac is that the company focuses on a specific clientele: customers with non-traditional sources of income or more complex financial situations. These are individuals who are often rejected by traditional banks or served by other financial institutions at unfavorable terms. Resimac pays special attention to risk management and works closely with lenders to minimize risks. Resimac has also introduced a range of products targeting specific customer needs. For example, the company offers "Low Doc Loans" that allow self-employed individuals or freelancers to obtain a mortgage loan without extensive income documentation. Another product offered by Resimac is the "Split Loan," which allows customers to repay a portion of their loan at a fixed interest rate and the other portion at a variable interest rate. Overall, Resimac Group Ltd is a significant player in the mortgage-backed loan market in Australia and New Zealand. The company specializes in the needs of customers often ignored or disadvantaged by other financial institutions. Thanks to strong risk management, Resimac has experienced growth in its industry and offers a variety of products tailored to the needs of modern borrowers. Resimac Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring Resimac Group's Market Capitalization

Resimac Group's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of Resimac Group's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

Resimac Group's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in Resimac Group’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about Resimac Group stock

What is the current Resimac Group market capitalization?

The current market capitalization of Resimac Group is 358.91 M AUD.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like Resimac Group.

How has the market capitalization of Resimac Group developed in recent years?

The market capitalization of Resimac Group has increased/decreased by -8.53% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of Resimac Group?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of Resimac Group?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of Resimac Group have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

How much dividend does Resimac Group pay?

Over the past 12 months, Resimac Group paid a dividend of 0.11 AUD . This corresponds to a dividend yield of about 12.84 %. For the coming 12 months, Resimac Group is expected to pay a dividend of 0.13 AUD.

What is the dividend yield of Resimac Group?

The current dividend yield of Resimac Group is 12.84 %.

When does Resimac Group pay dividends?

Resimac Group pays a quarterly dividend. This is distributed in the months of April, October, April, October.

How secure is the dividend of Resimac Group?

Resimac Group paid dividends every year for the past 22 years.

What is the dividend of Resimac Group?

For the upcoming 12 months, dividends amounting to 0.13 AUD are expected. This corresponds to a dividend yield of 14.89 %.

In which sector is Resimac Group located?

Resimac Group is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Resimac Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Resimac Group from 9/20/2024 amounting to 0.05 AUD, you needed to have the stock in your portfolio before the ex-date on 9/5/2024.

When did Resimac Group pay the last dividend?

The last dividend was paid out on 9/20/2024.

What was the dividend of Resimac Group in the year 2023?

In the year 2023, Resimac Group distributed 0.114 AUD as dividends.

In which currency does Resimac Group pay out the dividend?

The dividends of Resimac Group are distributed in AUD.

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Andere Kennzahlen von Resimac Group

Our stock analysis for Resimac 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 Resimac Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.