Risk factor
Very vulnerable to price shocks
Profitability factor
Excellent dividends
About
Helia Group Limited, along with its subsidiaries, conducts its business within the Australian loan mortgage insurance sector. The company's core function is to facilitate residential mortgage lending by mitigating risk for financial institutions, transferring it to lenders mortgage insurance (LMI) providers. This service predominantly targets residential mortgages characterized by a high loan-to-value ratio, as well as collections of established home loans. The entity, which was formerly known as Genworth Mortgage Insurance Australia Limited, adopted the name Helia Group Limited in November 2022. Established in 1965, its corporate headquarters are situated in North Sydney, Australia.
Company Valuation
Considering past and projected metrics, the stock is slightly 'cheaper' than its peers. In particular, the stock is underpriced on P/E, 'cheap' on EV/EBITDA, trading at n
Target Price
The average target price of HLI.AX is 4.4 and suggests 19.9% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to