Change Financial Ltd

Change Financial Ltd

AASX:CCA
0.05
AUD
+0.00
(+2.27%)
0.00EPS
73.83P/E
52.47MMarket Cap
Mar 03Next Earn

Total Valuation

AUD

As of June 30, 2026, Change Financial Ltd carries a market capitalization of 52.47M, placing it among publicly traded companies globally. Its enterprise value stands at 48.60M, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap52.47M
Enterprise Value48.60M

Important Dates

Change Financial Ltd's next confirmed earnings release is scheduled for March 3, 2027.

Earnings Date3/3/2027

Share Statistics

As of June 30, 2026, Change Financial Ltd has 690.45M shares outstanding.

Shares Outstanding690.45M

Valuation Ratios

As of June 30, 2026, Change Financial Ltd trades at a trailing price-to-earnings ratio of 73.83. The price-to-sales ratio is 2.00, and the price-to-book ratio stands at 4.55.

PE Ratio73.83
PS Ratio2.00
PB Ratio4.55
P/TBV Ratio17.63

Enterprise Valuation

As of June 30, 2026, Change Financial Ltd trades at an EV/EBITDA multiple of 11.66 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 1.86 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 63.03 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. These enterprise value multiples are built on an enterprise value of 48.60M versus a market cap of 52.47M, with the gap driven by net debt and cash on the balance sheet.

EV / Sales1.86
EV / EBITDA11.66
EV / EBIT63.03

Financial Position

As of June 30, 2026, Change Financial Ltd maintains a current ratio of 1.22, meaning it holds 1.2x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 5.42, indicating elevated leverage, while an interest coverage ratio of 224.40 demonstrates strong ability to service its debt obligations.

Current Ratio1.22
Quick Ratio0.82
Debt / Equity5.42
Debt / EBITDA0.15
Interest Coverage224.40

Financial Efficiency

Over the twelve months ended June 30, 2026, Change Financial Ltd posted a return on equity (ROE) of 7.09, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 6.44 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 3.38, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 6.96, useful for judging operating efficiency across full business cycles.

Return on Equity (ROE)7.09
Return on Assets (ROA)3.38
Return on Invested Capital (ROIC)6.44
Return on Capital Employed (ROCE)6.96

Taxes

AUD

Over the twelve months ended June 30, 2026, Change Financial Ltd recorded 99,281.62 in income tax expense. That works out to an effective tax rate of 11.37, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 873,201.94, leaving 710,091.79 in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax99,281.62
Effective Tax Rate11.37

Stock Price Statistics

AUD

As of the close on October 22, 2026, Change Financial Ltd's stock has declined approximately 38.36% over the past 52 weeks. The 50-day moving average sits at 0.05, while the 200-day moving average is 0.07.

52-Week Price Change-38.36%
50-Day Moving Average0.05
200-Day Moving Average0.07

Income Statement

AUD

Over the twelve months ended June 30, 2026, Change Financial Ltd generated 26.19M in revenue and converted that into 710,091.79 in net income, yielding earnings per share of 0.00. EBITDA reached 4.17M, while operating income came in at 771,182.05.

Revenue26.19M
Gross Profit26.19M
Operating Income771,182.05
Pretax Income873,201.94
Net Income710,091.79
EBITDA4.17M
EBIT771,182.05

Balance Sheet

AUD

As of June 30, 2026, Change Financial Ltd holds 4.50M in cash and equivalents against 625,053.54 in total debt, resulting in a net debt position of -4.50M. Total book value stands at 11.53M, with working capital of 2.12M providing operational flexibility.

Cash & Cash Equivalents4.50M
Total Debt625,053.54
Net Debt-4.50M
Equity (Book Value)11.53M
Book Value Per Share0.02
Working Capital2.12M

Cash Flow

AUD

These figures cover the twelve months ended June 30, 2026.

Capital Expenditures-2.44M

Margins

These figures cover the twelve months ended June 30, 2026. The operating margin of 2.95 and net profit margin of 2.71 provide insight into operational efficiency.

Operating Margin2.95
Pretax Margin3.33
Profit Margin2.71
EBITDA Margin15.92

Dividends & Yields

These figures cover the twelve months ended June 30, 2026. Total shareholder yield reaches 0.43, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to Change Financial Ltd shareholders.

Shareholder Yield0.43

Stock Splits

Change Financial Ltd's most recent stock split took place on August 5, 2022 with a 141:145 split ratio.

Last Split Date8/5/2022
Split Ratio141:145

Scores

As of June 30, 2026, Change Financial Ltd has an Altman Z-Score of -2.39, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score-2.39