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Market Cap

AU$5.7m

Last Updated

2021/05/11 08:22 UTC

Data Sources

Company Financials

Executive Summary

N1 Holdings Limited provides mortgage broking services to customers in Australia. More Details


Snowflake Analysis

Worrying balance sheet with weak fundamentals.

Share Price & News

How has N1 Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: Insufficient data to determine N1H's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine N1H's volatility change over the past year.


Market Performance


7 Day Return

-7.1%

N1H

-2.2%

AU Mortgage

1.7%

AU Market


1 Year Return

n/a

N1H

34.3%

AU Mortgage

36.6%

AU Market

Return vs Industry: Insufficient data to determine how N1H performed against the Australian Mortgage industry.

Return vs Market: Insufficient data to determine how N1H performed against the Australian Market.


Shareholder returns

N1HIndustryMarket
7 Day-7.1%-2.2%1.7%
30 Day-13.3%3.8%2.2%
90 Day-23.5%-4.3%4.6%
1 Yearn/a36.4%34.3%40.6%36.6%
3 Year-45.8%-45.8%29.2%4.8%32.0%16.3%
5 Year-75.5%-75.5%50.7%-4.9%64.1%33.2%

Long-Term Price Volatility Vs. Market

How volatile is N1 Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is N1 Holdings undervalued compared to its fair value and its price relative to the market?


Share Price vs. Fair Value

Below Fair Value: N1H (A$0.07) is trading above our estimate of fair value (A$0.01)

Significantly Below Fair Value: N1H is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: N1H is unprofitable, so we can't compare its PE Ratio to the Australian Mortgage industry average.

PE vs Market: N1H is unprofitable, so we can't compare its PE Ratio to the Australian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate N1H's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: N1H has negative assets, so we can't compare its PB Ratio to the AU Mortgage industry average.


Future Growth

How is N1 Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

3.2%

Forecasted Banks industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as N1 Holdings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has N1 Holdings performed over the past 5 years?

-8.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: N1H is currently unprofitable.

Growing Profit Margin: N1H is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: N1H is unprofitable, and losses have increased over the past 5 years at a rate of 8.1% per year.

Accelerating Growth: Unable to compare N1H's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: N1H is unprofitable, making it difficult to compare its past year earnings growth to the Mortgage industry (15.2%).


Return on Equity

High ROE: N1H's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Financial Health

How is N1 Holdings's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: N1H's Assets to Equity ratio (-10.3x) is low.

Allowance for Bad Loans: Insufficient data to determine if N1H has a sufficient allowance for bad loans.

Low Risk Liabilities: N1H reports no customer deposits, 100% of its liabilities are made up of higher risk sources of funding.

Loan Level: Insufficient data to determine if N1H has an appropriate level of Loans to Assets ratio.

Low Risk Deposits: N1H reports no customer deposits, loans are made up entirely of externally borrowed funds.

Level of Bad Loans: Insufficient data to determine if N1H has an appropriate level of bad loans.


Dividend

What is N1 Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate N1H's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate N1H's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if N1H's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if N1H's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of N1H's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.0yrs

Average management tenure


CEO

Ren Hor Wong

no data

Tenure

AU$414,096

Compensation

Mr. Ren Hor Wong serves as an Executive Chairman and Chief Executive Officer at N1 Holdings Limited and has been its Executive Director since November 24, 2015. Mr. Wong has been responsible for developing...


CEO Compensation Analysis

Compensation vs Market: Ren Hor's total compensation ($USD325.96K) is about average for companies of similar size in the Australian market ($USD289.69K).

Compensation vs Earnings: Ren Hor's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: N1H's management team is considered experienced (4 years average tenure).


Board Members

Experienced Board: N1H's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: N1H insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

N1 Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: N1 Holdings Limited
  • Ticker: N1H
  • Exchange: ASX
  • Founded: 2011
  • Industry: Thrifts and Mortgage Finance
  • Sector: Banks
  • Market Cap: AU$5.709m
  • Shares outstanding: 81.56m
  • Website: https://www.n1holdings.com.au

Location

  • N1 Holdings Limited
  • 77 King Street
  • Suite 502
  • Sydney
  • New South Wales
  • 2000
  • Australia

Listings


Biography

N1 Holdings Limited provides mortgage broking services to customers in Australia. The company offers home loans, including purchase and refinance; short term business loans for SME’s; commercial lending pr...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/11 08:22
End of Day Share Price2021/05/11 00:00
Earnings2020/12/31
Annual Earnings2020/06/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.