Thorn Group (TGA.AX) Stock Price
Thorn Group Price
Revenue at Thorn Group has contracted by 8.2% per year over the past 19 years to 15.33 M AUD. Earnings per share have grown at 5.2% per year over the last 19 years. Thorn Group's net margin stands at 16.5%, up from -6.7% several years earlier. Thorn Group currently offers a dividend yield of about 45.62%. The payout ratio is around 759% of earnings. The dividend has grown at 2.3% per year over the past 16 years.
Thorn Group stock price
Thorn Group business model & stock analysis
Frequently asked questions about Thorn Group
Thorn Group Ltd primarily operates in Australia and New Zealand. With a strong presence in these countries, Thorn Group Ltd has established itself as a leading provider of financial solutions and home appliances. The company's diverse range of products and services cater to the needs of customers in both regions, making it a trusted name in the industry. As a renowned stock, Thorn Group Ltd continues to expand its market reach and enhance its offerings, ensuring a solid presence in Australia and New Zealand for years to come.
The business model of Thorn Group Ltd revolves around providing financial services and retail products to consumers. As a leading Australian provider, Thorn Group focuses on various sectors including consumer leasing, driveway vehicle leasing, and retail. The company operates through its two well-known brands, Radio Rentals and Thorn Solutions. Through its consumer leasing segment, Thorn Group offers a range of household goods and electronics on a rental basis. Additionally, the company's retail arm focuses on furniture, appliances, and technology products. Thorn Group's business model emphasizes convenience, affordability, and flexibility for customers, enabling them to enjoy essential products and services without the burden of large upfront costs.
Thorn Group Ltd is primarily active in the consumer finance and retail sectors.
The main competitors of Thorn Group Ltd in the market are Rentokil Initial plc, Zip Co Limited, and Eclipx Group Limited.
Thorn Group Ltd, founded in 1937, is a leading Australian provider of financial services and retail goods. With a rich history spanning over 80 years, Thorn Group has evolved into a diverse company, primarily operating through its subsidiary, Radio Rentals. Originally established as a radio rental company, Thorn Group expanded its presence and offerings over time to encompass furniture and appliances rentals, financial products, and retail merchandise. Today, Thorn Group prides itself on its customer-centric approach, providing flexible and affordable rental solutions to consumers across Australia. With a strong commitment to innovation and growth, Thorn Group continues to adapt to changing market dynamics while maintaining its position as a trusted provider in the industry.
Thorn Group Ltd has achieved several significant milestones. One of its key achievements is the successful establishment of Radio Rentals - a leading provider of consumer leasing and rental products. Additionally, the company has expanded its offerings, introducing new brands such as Thorn Equipment Finance and Cashfirst. Thorn Group Ltd has also developed innovative technology solutions, including sophisticated credit underwriting systems and digital platforms. These milestones have helped the company maintain its position as a trusted provider of essential household goods and financial services. Overall, Thorn Group Ltd's consistent growth and dedication to customer satisfaction have made it a prominent player in the industry.
Thorn Group Ltd represents a strong set of values and corporate philosophy. The company believes in delivering superior customer service, maintaining transparency, and fostering long-term relationships. Thorn Group is committed to operating with integrity, professionalism, and accountability. The company focuses on innovation, constantly adapting to technological advancements to meet the needs of its customers effectively. Thorn Group values its employees and creates a supportive and inclusive work environment that encourages growth and development. With a customer-centric approach and a dedication to integrity and innovation, Thorn Group Ltd aims to provide quality solutions and exceed expectations in the financial services industry.
7 analysts currently rate the Thorn Group stock: 0 recommend buying, 3 holding and 4 selling.
Converted at the current exchange rate, the Thorn Group share trades at 0.72 EUR (1.17 AUD).
The Thorn Group share (TGA.AX) is listed on 1 stock exchanges, including: ASX (TGA.AX).
Thorn Group Ltd is an Australian company that focuses on financial services and household product rentals. The company was founded in 1937 and is headquartered in New South Wales. The business model of Thorn Group Ltd is based on the rental of household products and the provision of financial services. The main divisions of the company are Radio Rentals, Rentlo Reinvented, and Thorn Business Finance. Radio Rentals specializes in the rental of household products. The company offers a wide range of products, including televisions, household appliances, furniture, computers, and more. Customers can choose from various offers for a specific rental period. This option allows customers to minimize their financial burden for household products. Financing is also offered for purchases, so customers do not have to spend their savings on essential items. Rentlo Reinvented is structured similarly to Radio Rentals, but focuses on new electronic products. Rentlo Reinvented allows customers to rent products of the latest technology trends or premium class. Here, too, a temporary rental or purchase offer with financing options is available. Thorn Business Finance is a department of the company that focuses on providing financing for businesses. The core products here are factoring and leasing offers. The financing solutions provided by Thorn Business Finance enable these companies to expand and grow their business. Thorn Group Ltd uses a unique customer loyalty method called "Rent, Try, $1 Buy," which allows customers to rent products for a month or more and purchase the product for only one dollar if satisfied. This concept allows the company to achieve higher customer satisfaction and loyalty. To expand its business, the company enters into strategic partnerships. In 2016, for example, an exclusive distribution agreement was signed with the Australia and New Zealand Banking Group. This collaboration includes the merging of an innovative offer for Super Fund customers. Overall, the business model of Thorn Group Ltd is focused on meeting customers' needs: affordable financing for household products, the ability to rent premium products, and cost-effective financing for businesses. The driving force behind the business model is the provision of high-quality products and services for everyday life and for companies that lack the necessary capital for their business strategy.
The revenue cannot currently be calculated for Thorn Group.
The profit cannot currently be calculated for Thorn Group.
The P/E ratio cannot be calculated for Thorn Group at the moment.
The P/S cannot be calculated for Thorn Group currently.
The Eulerpool Quality Score for Thorn Group is 1/10.
The ISIN of Thorn Group is AU000000TGA0. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The ticker of Thorn Group is TGA.AX. The ticker symbol is used to trade Thorn Group shares on the stock exchange.
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All fundamentals and in-depth analysis of Thorn Group
Our stock analysis for Thorn 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 Thorn Group. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.