Challenger Delivers Solid Fiscal 2024 Results
Challenger’s annuity sales amount to roughly 80% of yearly annuity sales in Australia, while its products are represented on platforms used by the majority of Australia’s financial advisors.
Challenger’s annuity sales amount to roughly 80% of yearly annuity sales in Australia, while its products are represented on platforms used by the majority of Australia’s financial advisors.
Challenger's annuities business is in a growth industry. We expect Challenger to capture an increasing share of funds moving from the accumulation phase into retirement phase within Australia’s superannuation system.
Challenger is exposed to potential major value destruction if investment markets suffer a steep and prolonged fall.
Metric
|
CGF
|
WBC
|
CBA
|
---|---|---|---|
Price/Earnings (Normalized) | 10.54 | 16.69 | 22.52 |
Price/Book Value | 1.14 | 1.52 | 3.10 |
Price/Sales | 7.43 | 5.83 | 8.84 |
Price/Cash Flow | 5.60 | 15.93 | — |
Metric
|
CGF
|
WBC
|
CBA
|
---|---|---|---|
Quick Ratio | 2.85 | — | — |
Current Ratio | 2.91 | — | — |
Interest Coverage | −0.39 | — | — |
Metric
|
CGF
|
WBC
|
CBA
|
---|---|---|---|
Return on Assets (Normalized) | 1.28% | 0.68% | 0.78% |
Return on Equity (Normalized) | 10.47% | 9.72% | 13.58% |
Return on Invested Capital (Normalized) | 0.06% | — | — |
1-Day Chart
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Price
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Morningstar Rating for Stocks
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Capital Allocation
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