Resimac Group (RMC.AX) Stock Price
Resimac Group Price
Over the last 19 years Resimac Group grew revenue by 30.3% annually, reaching 1.07 B AUD. Earnings per share have grown at 17.4% per year over the last 19 years. For Resimac Group, the net margin of 4.6% is down versus 20.4% a few years ago. At today's price the dividend yield works out to roughly 22.22%. The payout ratio is around 166% of earnings. The dividend has grown at 8.7% per year over the past 19 years. The consensus 12-month price target for Resimac Group is 1.07 AUD, about 32.2% above where the stock trades today. Of 7 analysts, 4 rate the stock a buy — an overall Buy consensus.
Resimac Group stock price
Resimac Group business model & stock analysis
Frequently asked questions about Resimac Group
The business model of Resimac Group Ltd is focused on providing a range of financial solutions in the Australian and New Zealand mortgage lending markets. Resimac operates as a non-bank lender, offering residential and commercial loans, along with mortgage-backed securities. They aim to deliver competitive products and exceptional customer service to borrowers, mortgage brokers, and other businesses in the mortgage industry. With a commitment to responsible lending practices, Resimac's business model revolves around meeting the diverse financing needs of customers while maintaining long-term relationships and sustainable growth.
Resimac Group Ltd is primarily active in the financial services industry, specifically in the mortgage lending sector.
The main competitors of Resimac Group Ltd in the market are Mortgage Choice Limited, Australian Finance Group Ltd, and Pepper Money Limited.
Resimac Group Ltd, a leading financial service provider, has a rich history and background. Founded in 1985 in Australia, Resimac initially focused on residential mortgage lending. Over the years, the company expanded its operations and became a trusted name in the industry. Resimac Group Ltd offers a wide range of financial solutions, including home loans, commercial loans, and asset finance. With its commitment to innovation and customer-centric approach, Resimac has carved a niche for itself in the market, catering to the diverse needs of individuals and businesses. Today, Resimac Group Ltd continues to thrive and grow, ensuring financial well-being for its customers.
Resimac Group Ltd has achieved several significant milestones throughout its history. The company successfully listed on the Australian Securities Exchange (ASX) in 2016, marking a major achievement in its growth and market presence. In 2018, Resimac Group Ltd announced the acquisition of the homeloans.com.au brand, further expanding its mortgage lending capabilities. In 2020, despite the challenging economic environment, the company reported record net profits and continued to enhance its position as one of Australia's leading non-bank lenders. Resimac Group Ltd's commitment to innovation and customer service has contributed to its ongoing success in the mortgage industry.
Resimac Group Ltd is primarily present in Australia and New Zealand.
Resimac Group Ltd represents the values of innovation, integrity, and customer satisfaction. As a leading financial services company, Resimac aims to provide tailored solutions and exceptional service to its clients. The corporate philosophy of Resimac revolves around maintaining strong relationships with customers, employees, and stakeholders. With a focus on continuous improvement and embracing technology, Resimac strives to deliver positive outcomes for all involved. By putting customers at the forefront, Resimac aims to create lasting value and forge a reputation as a trusted and reliable financial partner.
Analysts currently set an average price target of 1.21 AUD for the Resimac Group stock (median: 1.07 AUD), implying +48.1 % versus the latest price. The consensus is based on 7 analyst ratings.
7 analysts currently rate the Resimac Group stock: 4 recommend buying, 3 holding and 0 selling.
Converted at the current exchange rate, the Resimac Group share trades at 0.50 EUR (0.81 AUD).
The Resimac Group share (RMC.AX) is listed on 1 stock exchanges, including: ASX (RMC.AX).
Resimac Group Ltd is an Australian financial services company that offers various products and services in the areas of mortgage loans, insurance, and investment funds. The company's core businesses are mortgage lending and asset management. Resimac offers a wide range of financing solutions for private and commercial customers in the mortgage business. This includes standard mortgages, refinancing, renovation loans, and deficit financing. Resimac also provides financing solutions for investors, such as loans for rental property purchases. In addition to the mortgage business, Resimac is also active in the insurance sector, offering various insurance products including car insurance, life insurance, home insurance, and travel insurance. Another important area for the company is asset management. Resimac is particularly known for its successful investment funds, which are designed to offer investors a wide range of investment strategies tailored to different risk and return requirements. The funds are open to private and institutional investors and have a clear and transparent fee structure. Resimac aims to offer its customers a wide range of financial services under one roof, with a focus on customer orientation and excellent service. The company values collaboration with brokers and other professionals to ensure customers receive comprehensive advice and tailored financial solutions. In summary, Resimac Group Ltd is a versatile provider of financial services, offering a wide range of products and services in the areas of mortgage loans, insurance, and investment funds, with a focus on customer-oriented approach and excellent service. With a dedicated and experienced team of professionals, Resimac aims to provide its customers with tailored and comprehensive advice and support.
The revenue of Resimac Group is 1.07 B AUD. This figure is based on current financial data and reflects the company's business performance.
The profit of Resimac Group is 49.19 M AUD. The net profit reflects the company's profitability after deducting all expenses.
The price-to-earnings ratio (P/E) of Resimac Group is currently 6.55. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Resimac Group stock.
The price-to-sales ratio (P/S) of Resimac Group is currently 0.30. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Resimac Group stock.
The Eulerpool Quality Score for Resimac Group is 6/10.
The ISIN of Resimac Group is AU0000033094. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The WKN of Resimac Group is A2PALP. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.
The ticker of Resimac Group is RMC.AX. The ticker symbol is used to trade Resimac Group shares on the stock exchange.
Resimac Group stock
Resimac Group Peer Group
Resimac Group Ticker
Resimac Group FIGI
All fundamentals and in-depth analysis of Resimac Group
Our stock analysis for Resimac 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 Resimac Group. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.