OFX Group (OFX.AX) Stock Price
OFX Group Price
Revenue has compounded at 14.0% per year over the past 16 years to 213.01 M AUD. Earnings per share have grown at 2.7% per year over the last 12 years. OFX Group's net margin stands at -0.2%, down from 15.4% several years earlier. OFX Group currently offers a dividend yield of about 7.02%. The payout ratio is around 85% of earnings. Analysts set a median price target of 0.94 AUD, implying 109.7% above the current price. Of 6 analysts, 5 rate the stock a buy — an overall Buy consensus.
OFX Group stock price
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OFX Group business model & stock analysis
Frequently asked questions about OFX Group
OFX Group Ltd is primarily present in various countries and regions around the world. The company operates in Australia, where its headquarters are located, and has a strong presence in the United States, Canada, the United Kingdom, and New Zealand. Additionally, OFX Group Ltd offers its services in Europe, Asia, and various other parts of the globe, making it a truly international company.
OFX Group Ltd operates as an online-based foreign exchange (forex) and global payments company. The company's business model revolves around providing a secure platform for individuals and businesses to transfer money internationally at competitive exchange rates. OFX Group Ltd offers its customers a range of services, including spot contracts, forward contracts, limit orders, and options. By leveraging advanced technology and a global banking network, OFX Group Ltd aims to streamline the foreign exchange process, enabling its clients to save time and money on cross-border transactions. With a focus on customer satisfaction and user-friendly online interfaces, OFX Group Ltd continues to be a leading player in the international payments industry.
OFX Group Ltd is primarily active in the financial services industry.
Some of the main competitors of OFX Group Ltd in the market include traditional banks and financial institutions such as Citigroup, JPMorgan Chase, and Wells Fargo, as well as other online money transfer providers like TransferWise and WorldFirst.
OFX Group Ltd, founded in 1998, is a leading international online payment services provider for consumers and businesses. Initially established in Sydney, Australia, the company quickly expanded its operations worldwide, serving customers in over 190 countries through its innovative technology platform. Formerly known as OzForex, OFX rebranded in 2015 to reflect its global presence and diversified offerings beyond foreign exchange services. Through strategic partnerships and acquisitions, OFX has continually evolved to provide competitive rates, secure transactions, and exceptional customer service. With a strong focus on digital solutions, OFX remains dedicated to simplifying the complexities of cross-border payments and empowering customers to save time and money on their international transactions.
The remarkable achievements of OFX Group Ltd include gaining recognition as a leading international payments platform, enabling individuals and businesses to transfer funds across borders efficiently. OFX has expanded its global reach by establishing a presence in key markets, such as the United States, the United Kingdom, Canada, Australia, and New Zealand. The company's dedication to technological innovation has allowed it to develop advanced online tools and mobile applications, providing customers with a seamless and user-friendly experience. OFX has also been consistently recognized for its exceptional customer service and competitive exchange rates, cementing its position as a trusted and reliable provider of international money transfers.
OFX Group Ltd represents values of trust, integrity, innovation, and customer focus. As a leading global money transfer and payment solutions provider, OFX is committed to delivering exceptional services that meet the evolving needs of its clients. The company's corporate philosophy is centered around providing cost-effective and secure international money transfers, allowing individuals and businesses to manage their cross-border financial transactions with ease. With a strong emphasis on technology and digital innovation, OFX Group Ltd strives to simplify the global payment landscape while delivering excellent customer service and building enduring relationships.
Analysts currently set an average price target of 0.94 AUD for the OFX Group stock (median: 0.94 AUD), implying +114.4 % versus the latest price. The consensus is based on 6 analyst ratings.
6 analysts currently rate the OFX Group stock: 5 recommend buying, 1 holding and 0 selling.
Converted at the current exchange rate, the OFX Group share trades at 0.28 EUR (0.45 AUD).
The OFX Group share (OFX.AX) is listed on 1 stock exchanges, including: ASX (OFX.AX).
The OFX Group Ltd is a leading provider of international money transfer services. The company is based in Sydney, Australia, and has offices in North America, Europe, and Asia. OFX offers its customers a wide range of products and services to meet their needs related to money transfer and conversion. These include: 1. Transfers - OFX allows customers to quickly and easily transfer money between different countries. With fast transfers that are typically completed within 1-2 business days, OFX provides a convenient solution for people who want to send money abroad. 2. Mass payments - OFX offers companies the ability to make mass payments overseas. This is ideal for companies that need to send salaries to employees abroad or make regular payments to international suppliers. 3. Rate management - OFX offers an online platform that provides customers with transparent pricing and the ability to manage rates, protecting them from negative exchange rate fluctuations. 4. Forex trading - One can directly benefit from trader-side implementation of a transaction to easily execute foreign exchange rates. OFX has a strong business model based on high volumes of transfers. The company also has a strong corporate structure and operates offices in major economic centers worldwide. OFX leverages modern technology to perform transfers quickly and reliably, while offering competitive transaction fees. The company primarily targets individual customers and small to medium-sized enterprises that frequently make cross-border transfers or need to make payments in foreign currencies. Another pillar of OFX's business model is the ability to personalize look and feel, ensuring seamless integration into customers' business models for greater benefit. OFX is often chosen by other companies as a partner for their business model because of these features. Over time, OFX has built a strong competence in conducting global transfers quickly, smoothly, and securely. OFX also provides its customers with a first-class customer service team, available 24/7. Customer support is a central pillar of the company's success. Overall, OFX has a robust and well-rounded business model based on a combination of modern technology, competitive pricing, and a strong corporate structure. With a focus on the needs of individual customers and small businesses, the company is expected to continue to be a leading provider of international money transfer services.
The revenue of OFX Group is 213.01 M AUD. This figure is based on current financial data and reflects the company's business performance.
The profit of OFX Group is -391,000.00 AUD. The net profit reflects the company's profitability after deducting all expenses.
The price-to-earnings ratio (P/E) of OFX Group is currently -266.67. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the OFX Group stock.
The price-to-sales ratio (P/S) of OFX Group is currently 0.49. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the OFX Group stock.
The Eulerpool Quality Score for OFX Group is 3/10.
The ISIN of OFX Group is AU000000OFX5. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The ticker of OFX Group is OFX.AX. The ticker symbol is used to trade OFX Group shares on the stock exchange.
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All fundamentals and in-depth analysis of OFX Group
Our stock analysis for OFX Group 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. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.