Risk factor
Weak & very vulnerable to price shocks
Profitability factor
Excellent dividends
About
Headquartered in Bundoora, Australia, and incorporated in 2005, Solvar Limited is a financial services company active in Australia and New Zealand. The firm specializes in providing comprehensive automotive and personal finance solutions. Its offerings include a wide array of vehicle loans for new and used cars, motorbikes, utility vehicles, trailers, tractors, trucks, caravans, boats, jet skis, horse floats, ride-on mowers, and various other equipment. Beyond vehicle financing, Solvar also extends both secured and unsecured personal loans. These lending products are delivered to customers through a robust network of brokers and dealers, operating under the distinct brand names of Money3, AFS, and Go Car Finance. The company, which rebranded to Solvar Limited in November 2022, was formerly known as Money3 Corporation Limited.
Company Valuation
Considering past and projected metrics, the stock is 'cheaper' than its peers. In particular, the stock is underpriced on P/E, 'cheap' on EV/EBITDA, undervalued on P/FCF.
Target Price
The average target price of SVR.AX is 1.82 and suggests 13.4% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendat