Executive Summary
Heidelberg District Community Enterprise Limited operates franchised branches of Bendigo and Adelaide Bank Limited in Australia. More Details
Rewards
Risk Analysis
+ 1 more risk
Snowflake Analysis
Good value with questionable track record.
Share Price & News
How has Heidelberg District Community Enterprise's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: Insufficient data to determine EIC's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine EIC's volatility change over the past year.
Market Performance
7 Day Return
0%
EIC
2.4%
AU Banks
0.3%
AU Market
1 Year Return
n/a
EIC
65.3%
AU Banks
35.9%
AU Market
Return vs Industry: Insufficient data to determine how EIC performed against the Australian Banks industry.
Return vs Market: Insufficient data to determine how EIC performed against the Australian Market.
Shareholder returns
| EIC | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | 2.4% | 0.3% |
| 30 Day | 0% | 4.1% | 1.8% |
| 90 Day | n/a | 9.0% | 2.8% |
| 1 Year | n/a | 69.5%65.3% | 39.9%35.9% |
| 3 Year | n/a | 22.2%5.0% | 30.1%14.7% |
| 5 Year | n/a | 34.7%4.2% | 60.1%29.9% |
Long-Term Price Volatility Vs. Market
How volatile is Heidelberg District Community Enterprise's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Heidelberg District Community Enterprise undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: EIC (A$0.6) is trading below our estimate of fair value (A$1.7)
Significantly Below Fair Value: EIC is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: EIC is poor value based on its PE Ratio (16.9x) compared to the AU Banks industry average (15.2x).
PE vs Market: EIC is good value based on its PE Ratio (16.9x) compared to the Australian market (20.6x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate EIC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: EIC is good value based on its PB Ratio (0.6x) compared to the AU Banks industry average (0.9x).
Future Growth
How is Heidelberg District Community Enterprise forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
4.9%
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 Heidelberg District Community Enterprise 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 Heidelberg District Community Enterprise performed over the past 5 years?
5.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EIC has high quality earnings.
Growing Profit Margin: EIC's current net profit margins (4.1%) are lower than last year (8.5%).
Past Earnings Growth Analysis
Earnings Trend: EIC's earnings have grown by 5.6% per year over the past 5 years.
Accelerating Growth: EIC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: EIC had negative earnings growth (-59.7%) over the past year, making it difficult to compare to the Banks industry average (-7%).
Return on Equity
High ROE: EIC's Return on Equity (3.4%) is considered low.
Financial Health
How is Heidelberg District Community Enterprise'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: EIC's Assets to Equity ratio (1.5x) is low.
Allowance for Bad Loans: Insufficient data to determine if EIC has a sufficient allowance for bad loans.
Low Risk Liabilities: EIC reports no customer deposits, 100% of its liabilities are made up of higher risk sources of funding.
Loan Level: Insufficient data to determine if EIC has an appropriate level of Loans to Assets ratio.
Low Risk Deposits: EIC reports no customer deposits, loans are made up entirely of externally borrowed funds.
Level of Bad Loans: Insufficient data to determine if EIC has an appropriate level of bad loans.
Dividend
What is Heidelberg District Community Enterprise current dividend yield, its reliability and sustainability?
6.67%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: EIC's dividend (6.67%) is higher than the bottom 25% of dividend payers in the Australian market (2.03%).
High Dividend: EIC's dividend (6.67%) is in the top 25% of dividend payers in the Australian market (5.25%)
Stability and Growth of Payments
Stable Dividend: EIC has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: EIC has only been paying a dividend for 4 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (112.5%), EIC's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.9yrs
Average board tenure
CEO
Heidelberg District Community Enterprise has no CEO, or we have no data on them.
Board Members
Experienced Board: EIC's board of directors are considered experienced (3.9 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Heidelberg District Community Enterprise Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Heidelberg District Community Enterprise Limited
- Ticker: EIC
- Exchange: NSX
- Founded: 2000
- Industry: Regional Banks
- Sector: Banks
- Market Cap: AU$1.379m
- Shares outstanding: 2.30m
- Website: https://www.bendigobank.com.au/heidelberg
Location
- Heidelberg District Community Enterprise Limited
- 233-235 Lower Heidelberg Road
- Ivanhoe East
- Victoria
- 3079
- Australia
Listings
Biography
Heidelberg District Community Enterprise Limited operates franchised branches of Bendigo and Adelaide Bank Limited in Australia. It provides home loans, term deposits, and call deposits under the brand of ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/05/07 17:43 |
| End of Day Share Price | 2021/02/11 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/06/30 |
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.