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Finexia Financial Group (FNX) Fair Value & Analysis

Financial Services · AU · Market cap A$11.2M

FF Finexia Financial Group FNX · AU
PriceA$0.1800
Fair ValueA$0.1445
Upside-19.7%
Quality11/100
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Mixed Growth
Loss-making · -48.5% net margin
High debt · negative free cash flow
Trails peers (3/11)
Narrow moat 8/100
Evidence: Low Range A$0.1105 – A$0.1445 Share as image

Fair value as of: Jul 11, 2026

From 3 valuation models · updated 30 days ago

Below-average quality, and screening another 20% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (A$0.1445). The favourable scenario is already priced in.
  • Weak quality (11/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
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Price vs Fair Value (5 years)

A$0.9793 A$0.0445 Fair Value A$0.1445 Jun 2015 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 11, 2026.

How to read this chart

60‑month range A$0.0445 – A$0.9793 · fair‑value band A$0.1105 – A$0.1445 · the A$0.1800 price screens above the A$0.1445 fair value. Dashed = 300-day average. As of Jul 11, 2026.

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Analysis

Finexia Financial Group (FNX) currently trades at A$0.1800, while our model-based Fair Value estimate is A$0.1445, implying the stock looks roughly 19.7% overvalued today. The Quality Score stands at 11/100 (below-average quality), in the Financial Services sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: low).

Over the trailing twelve months, Finexia Financial Group generated revenue of A$10.7M at a net margin of -48.5%. Revenue grew 152.4% year over year. It earns a return on equity of -36.3%. Net debt stands at A$122M. Fundamentals as of Jul 11, 2026

Our scenario range runs from A$0.1105 (bear case) to A$0.1445 (bull case); at A$0.1800, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 35% below its 52-week high and 64% above its 52-week low, currently above its 200-day average. For context, the median of 10 Financial Services peers we cover trades at 11% fair-value upside, at -20%, FNX screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
EV/EBITDA A$0.0500 54
EV/EBIT A$0.2100 53
NCAV (Graham) A$0.1300 A$0.1700 A$0.2500 50
All 3 models by family
Multiples
EV/EBIT A$0.2100 53
EV/EBITDA A$0.0500 54
Asset-Based
NCAV (Graham) A$0.1300 A$0.1700 A$0.2500 50

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Key figures & financial health

Revenue (TTM) A$10.7M
Revenue growth (YoY) +152%
Net margin -48.5%
Return on equity -36.3%
Free cash flow −A$1.8M FY2024
Operating margin -8.1%
More key figures
EPS (TTM) A$-0.0900
EPS growth (YoY) -94.5%
Net debt A$122M FY2024

Figures from reported company fundamentals · as of Jul 11, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 11/100

Of which business quality 16 · Market factors (momentum, volatility) 33

Profitability 5
Margins and returns on capital today
Quality Growth 49
Are margins and returns improving?
Cashflow 2
Earnings quality: real cash, not paper profit
Fin. Strength 19
Balance sheet, leverage, solvency risk
Investment 33
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 29
Price trend over the last 3–12 months (market factor)
52W Momentum 21
Distance to the 52-week high (market factor)
Net Issuance 0
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Finexia Financial Group Limited operates as a specialist private credit provider focusing on delivering income returns in Australia. The company operates through Stockbroking and Corporate Advisory; Funds and Asset Management; and Private Credit segments.

Full company description

Finexia Financial Group Limited operates as a specialist private credit provider focusing on delivering income returns in Australia. The company operates through Stockbroking and Corporate Advisory; Funds and Asset Management; and Private Credit segments. It offers commercial lending; share market trading services comprising equities, options, foreign exchange, commodities, and CFDs; and Security-backed lending. The company also provides childcare centre loans, such as loans, leases, and asset finance; childcare income fund; stay company income fund. In addition, it offers trading, algorithmic and sale trading, multi-asset custody, prime financing, and research, advice and insights. The company was formerly known as Mejority Capital Limited and changed its name to Finexia Financial Group Limited in September 2020. Finexia Financial Group Limited was incorporated in 2003 and is based in Sydney, Australia.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2020 – FY2024 · reported fiscal years

Finexia Financial Group reported revenue of A$10.7M in FY2024 versus A$2.1M in FY2020, a compound +50.6%/yr. Reported net income was −A$3.1M in FY2024.

Growth Quality 36/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2024)
A$10.7M
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+98.3%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+52.8%
Avg. growth/yr (17Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+38.0%
Revenue +50.6%/yr
FY20 A$2.1M
FY21 A$10.2M
FY22 A$14.2M
FY23 A$16.2M
FY24 A$10.7M
Net income
FY20 A$1.3M
FY21 A$3.3M
FY22 A$3.2M
FY23 A$70.5K
FY24 −A$3.1M

FNX screens 20% overvalued. Compare with Huatai Securities Co →

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Cite: Fair Value Calculator (2026). "Finexia Financial Group Fair Value". https://www.fairvalue-calculator.com/stock/FNX

Peer Group

Capital Markets · 423 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 13 · Bottom 25%
Fair Value upside −20% · Below median
Return on assets -4% · Bottom 25%
Net margin (TTM) -49% · Bottom 25%
Operating margin (TTM) -8% · Bottom 25%
Revenue growth 152% · Top 25%
Debt / equity 8.22× · Higher than 75% of peers

Valuation Multiples vs Capital Markets median · lower = cheaper

P/B 0.50× · Cheaper than 75% of peers
P/S (TTM) 0.74× · Cheaper than 75% of peers
EV/EBITDA 13.0× · Pricier than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 7 · sector 9
FUTURE 100 · sector 96
PAST 0 · sector 30
HEALTH 0 · sector 93
DIVIDEND 0 · sector 36

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Capital Markets stocks, each showing price versus our Fair Value estimate (as of Jul 11, 2026).

Stock Price Fair Value vs Fair Value
Huatai Securities Co HTSC $0.2700 $0.0400 -85%
Mirae Asset Securities Co 006800 38,750 KRW 31,645 KRW -18%
Meritz Financial Group 138040 117,000 KRW 87,706 KRW -25%
Korea Investment Holdings 071050 239,000 KRW 318,825 KRW +33%
NH Investment & Securities Co 005940 31,000 KRW 37,133 KRW +20%
Samsung Securities Co 016360 107,700 KRW 126,487 KRW +17%
Motilal Oswal Financial Services Limited MOTILALOFS ₹967.00 ₹299.65 -69%
Kiwoom Securities Co 039490 322,000 KRW 358,091 KRW +11%
SSI Securities Corporation SSI 24,250 VND 28,021 VND +16%
Bolsas y Mercados Argentinos S.A BYMA 313.75 ARS 120.22 ARS -62%

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Frequently asked questions

Is Finexia Financial Group (FNX) overvalued or undervalued?
As of Jul 11, 2026, our model estimates a fair value of A$0.1445 versus a price of A$0.1800, about −20% (overvalued).
What is the fair value of FNX?
Our model-based fair value for Finexia Financial Group is A$0.1445 (as of Jul 11, 2026), built from audited fundamentals. The current price is A$0.1800.
What is the quality score of FNX?
Finexia Financial Group has a Quality Score of 11/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Finexia Financial Group (FNX)?
Finexia Financial Group reported trailing-twelve-month revenue of about A$10.7M (latest available figure, as of Jul 11, 2026).
What is the net profit margin of FNX?
The net profit margin of Finexia Financial Group is about -48.5%, meaning it is currently running at a net loss. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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