Added to YB: 2025-09-11
Pitch date: 2025-09-10
CCV.AX [bullish]
Cash Converters International Limited
-20.74%
current return
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
AUD 0.33
Price Target
0.45 (+73%)
Dividend
7.14%
EV/EBITDA
N/A
P/E
10.26
EV/Sales
N/A
Sector
Consumer Finance
Category
turnaround
The Little Pawn-Shop That Could
CCV.AX (new position): Pawn shop operator buying franchises at 4-5x EBITDA while trading 7.6x '26 P/E. CEO turned co from -2¢ to +3¢ EPS since 2020, wound down volatile payday lending, acquired 79 stores <5x EBITDA w/ 15%+ IRR. $72M cash for M&A, 5.88% yield, joins ASX All Ords soon. EZCorp (43% owner) potential acquirer at 12.5x vs 7.6x.
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