Vehicle Leasing & Salary Packaging

FNArena Windows (Sectors)

Introduction to FNArena Windows

FNArena Windows offers subscribers the option to investigate ASX-listed stocks against their peers. FNArena developed its own sector methodology which in our view overcomes many flaws and disadvantages connected with GICS sectors. Our system starts with three broad sector labels: COMMODITIES, FINANCIAL SERVICES and INDUSTRIALS. From here onwards subscribers can explore further through gradually narrowing branches. This is not investment advice, but simply another window on the Australian Stock Exchange to provide better insight and to assist FNArena subscribers while conducting their own market analysis.

Latest Stories

A review of recent broker research on salary packaging companies, following new coverage by Citi for McMillan Shakespeare and Smartgroup Corp

Dec 14 2022

Brokers remain upbeat on Eclipx Group following FY22 results in line with consensus forecasts

Nov 09 2022


ASX CODE COMPANY NAME LAST PRICE 52WK HIGH 52WK LOW P/E CONSENSUS TARGET
ECX ECLIPX GROUP LIMITED $2.06 $2.89 $1.71 7.8

$2.493

MMS MCMILLAN SHAKESPEARE LIMITED $14.04 $14.96 $8.89 13.5

$15.648

SGF SG FLEET GROUP LIMITED $2.07 $2.96 $1.63 9.1

$3.15

SIQ SMARTGROUP CORPORATION LIMITED $5.59 $9.15 $4.44 11.9

$6.042

Previous Stories
Eclipx Group Earnings Driving In The Fast Lane

May 11 2022

Ongoing strength in the used car market has seen Eclipx Group deliver a strong first half result, with the company utilising the current benefit to guarantee its longer-term earnings profile


Smartgroup Dashes Offer To Focus On Growth

Oct 26 2021

The replacement of a stellar offer with a more circumspect price has caused Smartgroup to give the bidder the flick, and the focus is now on growing the business


Eclipx On Route To Stellar Earnings

Mar 11 2021

Despite the constraints created by a shortage of new cars, robust used car prices have ensured Eclipx can deliver substantial earnings growth


EclipX Driving Growth More Efficiently

Nov 13 2020

Notwithstanding the challenges posed by the pandemic, EclipX produced strong earnings growth in FY20 and enters FY21 as a more efficient business unit.


Smartgroup Succumbs To Insurance Changes

Dec 17 2019

Vehicle leasing and salary packaging business Smartgroup has succumbed to earnings pressure as its add-on insurance underwriter makes changes to product terms.


EclipX Progresses Along Road To Recovery

Nov 15 2019

A tighter focus on core leasing business has allowed EclipX Group to improve its balance sheet position while harnessing technology that is opening up untapped market opportunities.


Waxing Interest In EclipX

Oct 08 2019

EclipX Group is reverting to focus on its core fleet and novated leasing businesses, and interest in the company is only expected to grow.


Margins Colour McMillan Shakespeare’s Outlook

Aug 23 2019

Brokers say McMillan Shakespeare could outperform as car leasing and salary packaging businesses continue to grow.


Smartgroup Cruising Comfortably

Aug 21 2019

Smartgroup Corp has proved resilient in the first half of 2019, recording growth in novated leasing and salary packaging despite a difficult macro environment.


Divestment Lauded As EclipX Reduces Risk

Jul 09 2019

Brokers welcome the prompt sale of two non-core businesses and the reduced risk of EclipX breaching its corporate debt covenants.