Professional
Added to YB: 2026-09-11
Pitch date: 2026-09-09
CCV.AX [bullish]
Cash Converters International Limited
Author Info
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Company Info
Cash Converters International Limited, together with its subsidiaries, provides secured and unsecured loans, and second-hand retail services in Australia, New Zealand, the United Kingdom, and internationally.
Market Cap
AUD 199.2M
Pitch Price
N/A
Price Target
0.50
Dividend
7.14%
EV/EBITDA
N/A
P/E
10.26
EV/Sales
N/A
Sector
Consumer Finance
Category
growth
Cash Converters International (ASX:CCV) - Strategy delivering as earnings mix shifts
CCV.AX (earnings): FY26 provides clear evidence the strategy is delivering: revenue rose 11% to a record $429.2m and operating EBITDA increased 11% to $67.0m, both ahead of forecasts, as Australian Stores and UK EBITDA grew 50% and 54%. The core loan book expanded 165% and the net loss rate improved to 11.1%. The $0.50 DCF implies 78.6% upside alongside a 7.1% fully franked yield, though Cashies Loan earnings conversion and acquisition execution remain key risks.
Read full article (9 min)