Resimac Group Limited provides residential mortgage and asset finance lending products in Australia and New Zealand. It operates through the Home Loan Lending and Asset Finance Lending segments. The company offers home, car, and secured business loans, as well as asset finance products. It offers its products and services through brokers and wholesale channel primarily under the Resimac, Resimac (NZ), Resimac Asset Finance, and homeloans.com.au brand names. The company was formerly known as Homeloans Limited and changed its name to Resimac Group Resimac Group Limited in December 2018. Resimac Group Limited was founded in 1985 and is based in Sydney, Australia.
Research context
Resimac Group Limited appears in PyInvesting’s Australia Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- AUD
- Sector
- Financial Services
- Industry
- Mortgage Finance
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5 years, 6 months ago
Resimac Group Limited is currently in a long term uptrend where the price is trading 13.5% above its 200 day moving average.
From a valuation standpoint, the stock is 96.2% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 2.0.
Resimac Group Limited's total revenue rose by 2.2% to $240M since the same quarter in the previous year.
Its net income has increased by 85.8% to $50M since the same quarter in the previous year.
Finally, its free cash flow grew by 68.3% to $-296M since the same quarter in the previous year.
Based on the above factors, Resimac Group Limited gets an overall score of 5/5.