EIC

Heidelberg District Community Enterprise NSX:EIC Stock Report

Last Price

AU$0.20

Market Cap

AU$459.7k

7D

0%

1Y

n/a

Updated

09 Aug, 2022

Data

Company Financials
EIC fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance0/6
Financial Health1/6
Dividends2/6

EIC Stock Overview

Heidelberg District Community Enterprise Limited operates franchised branches of Bendigo and Adelaide Bank Limited in Australia.

Heidelberg District Community Enterprise Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Heidelberg District Community Enterprise
Historical stock prices
Current Share PriceAU$0.20
52 Week HighAU$0.40
52 Week LowAU$0.20
Beta0.17
1 Month Change0%
3 Month Changen/a
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO-76.05%

Recent News & Updates

Shareholder Returns

EICAU BanksAU Market
7D0%0.2%0.7%
1Yn/a-5.7%-8.0%

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.

Price Volatility

Is EIC's price volatile compared to industry and market?
EIC volatility
EIC Average Weekly Movementn/a
Banks Industry Average Movement3.6%
Market Average Movement10.5%
10% most volatile stocks in AU Market17.6%
10% least volatile stocks in AU Market4.6%

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.

About the Company

FoundedEmployeesCEOWebsite
2000n/an/ahttps://www.bendigobank.com.au/heidelberg

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 Bendigo Banks to individuals, businesses, and organizations. The company was incorporated in 2000 and is based in Ivanhoe East, Australia.

Heidelberg District Community Enterprise Fundamentals Summary

How do Heidelberg District Community Enterprise's earnings and revenue compare to its market cap?
EIC fundamental statistics
Market CapAU$459.68k
Earnings (TTM)-AU$29.45k
Revenue (TTM)AU$1.82m

0.2x

P/B Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
EIC income statement (TTM)
RevenueAU$1.82m
Cost of RevenueAU$0
Gross ProfitAU$1.82m
Other ExpensesAU$1.84m
Earnings-AU$29.45k

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.013
Gross Margin100.00%
Net Profit Margin-1.62%
Debt/Equity Ratio0.06%

How did EIC perform over the long term?

See historical performance and comparison

Dividends

10.0%

Current Dividend Yield

-156%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is EIC undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for EIC?

Other financial metrics that can be useful for relative valuation.

EIC key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.09x
Enterprise Value/EBITDA1x
PEG Ration/a

Price to Book Ratio vs Peers

How does EIC's PB Ratio compare to its peers?

EIC PB Ratio vs Peers
The above table shows the PB ratio for EIC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPBEstimated GrowthMarket Cap
Peer Average0.8x
DCE Manningham Community Enterprises
1.1xn/aAU$1.3m
LCB Logan Community Financial Services
0.6xn/aAU$1.6m
BBC BNK Banking
0.6xn/aAU$73.6m
YBR Yellow Brick Road Holdings
0.7xn/aAU$30.2m
EIC Heidelberg District Community Enterprise
0.2xn/aAU$459.7k

Price-To-Book vs Peers: EIC is good value based on its Price-To-Book Ratio (0.2x) compared to the peer average (0.8x).


Price to Earnings Ratio vs Industry

How does EIC's PE Ratio compare vs other companies in the Global Banks Industry?

Price-To-Book vs Industry: EIC is good value based on its Price-To-Book Ratio (0.2x) compared to the Australian Banks industry average (0.9x)


Price to Book Ratio vs Fair Ratio

What is EIC's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

EIC PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio0.2x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate EIC's Price-To-Book Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of EIC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: EIC (A$0.2) is trading below our estimate of fair value (A$1.49)

Significantly Below Fair Value: EIC is trading below fair value by more than 20%.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is Heidelberg District Community Enterprise forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


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.


Discover growth companies

  • Examine whether Heidelberg District Community Enterprise is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.

Past Performance

How has Heidelberg District Community Enterprise performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-112.4%

Last years earnings growth

Earnings and Revenue History

Quality Earnings: EIC is currently unprofitable.

Growing Profit Margin: EIC is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if EIC's year-on-year earnings growth rate was positive over the past 5 years.

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

Earnings vs Industry: EIC is unprofitable, making it difficult to compare its past year earnings growth to the Banks industry (16.5%).


Return on Equity

High ROE: EIC has a negative Return on Equity (-1.27%), as it is currently unprofitable.


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Financial Health

How is Heidelberg District Community Enterprise's financial position? (This company is analysed differently as a bank or financial institution)

Financial Health Score

1/6

Financial Health Score 1/6

  • Asset Level

  • Allowance for Bad Loans

  • Low Risk Liabilities

  • Loan Level

  • Low Risk Deposits

  • Level of Bad Loans

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.


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Dividend

What is Heidelberg District Community Enterprise current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


10.00%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: EIC's dividend (10%) is higher than the bottom 25% of dividend payers in the Australian market (2.65%).

High Dividend: EIC's dividend (10%) is in the top 25% of dividend payers in the Australian market (6.3%)


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 5 years, and since then payments have fallen.


Current Payout to Shareholders

Earnings Coverage: EIC is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.


Discover strong dividend paying companies

Management

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

5.1yrs

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 (5.1 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 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
  • Implied Market Cap: AU$459.677k
  • 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


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/09 00:00
End of Day Share Price2022/05/26 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.