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8VI

8VI HoldingsASX:8VI Stock Report

Market Cap

AU$224.2m

7D

0.8%

1Y

211.2%

Updated

22 Oct, 2021

Data

Company Financials
8VI fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance6/6
Financial Health6/6
Dividends0/6

8VI Overview

8VI Holdings Limited, an investment holding company, operates as a financial education technology company under the VI brand name in Singapore and internationally.

Price History & Performance

Summary of all time highs, changes and price drops for 8VI Holdings
Historical stock prices
Current Share PriceAU$5.29
52 Week HighAU$1.05
52 Week LowAU$6.99
Beta0.33
1 Month Change10.67%
3 Month Change-3.64%
1 Year Change211.18%
3 Year Change701.52%
5 Year Changen/a
Change since IPO360.00%

Recent News & Updates

Oct 04
I Ran A Stock Scan For Earnings Growth And 8VI Holdings (ASX:8VI) Passed With Ease

I Ran A Stock Scan For Earnings Growth And 8VI Holdings (ASX:8VI) Passed With Ease

Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...

Jun 09
8VI Holdings Limited's (ASX:8VI) 42% Jump Shows Its Popularity With Investors

8VI Holdings Limited's (ASX:8VI) 42% Jump Shows Its Popularity With Investors

8VI Holdings Limited ( ASX:8VI ) shares have continued their recent momentum with a 42% gain in the last month alone...

Jun 01
I Ran A Stock Scan For Earnings Growth And 8VI Holdings (ASX:8VI) Passed With Ease

I Ran A Stock Scan For Earnings Growth And 8VI Holdings (ASX:8VI) Passed With Ease

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...

Shareholder Returns

8VIAU Consumer ServicesAU Market
7D0.8%2.2%0.7%
1Y211.2%60.3%21.4%

Return vs Industry: 8VI exceeded the Australian Consumer Services industry which returned 60.3% over the past year.

Return vs Market: 8VI exceeded the Australian Market which returned 21.4% over the past year.

Price Volatility

Is 8VI's price volatile compared to industry and market?
8VI volatility
8VI Beta0.33
Industry Beta0.95
Market Beta1

Stable Share Price: 8VI is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: 8VI's weekly volatility has decreased from 15% to 7% over the past year.

About the Company

FoundedEmployeesCEOWebsite
2008n/aKen Cheehttps://www.8vicglobal.com

8VI Holdings Limited, an investment holding company, operates as a financial education technology company under the VI brand name in Singapore and internationally. The company’s VI App is a proprietary stock analysis tool that crunches traditional financial data, simplifies the stock analysis, and provides decision-making process for equity investors into visuals under a framework. The company was formerly known as 8VIC Holdings Limited and changed its name to 8VI Holdings Limited in July 2020.

8VI Holdings Fundamentals Summary

How do 8VI Holdings's earnings and revenue compare to its market cap?
8VI fundamental statistics
Market CapS$226.03m
Earnings (TTM)S$5.86m
Revenue (TTM)S$25.96m

38.6x

P/E Ratio

8.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
8VI income statement (TTM)
RevenueS$25.96m
Cost of RevenueS$5.89m
Gross ProfitS$20.07m
ExpensesS$14.21m
EarningsS$5.86m

Last Reported Earnings

Mar 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.14
Gross Margin77.30%
Net Profit Margin22.58%
Debt/Equity Ratio0%

How did 8VI perform over the long term?

See historical performance and comparison

Valuation

Is 8VI Holdings 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: 8VI (A$5.29) is trading below our estimate of fair value (A$77.53)

Significantly Below Fair Value: 8VI is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 8VI is poor value based on its PE Ratio (38.6x) compared to the Australian Consumer Services industry average (30.1x).

PE vs Market: 8VI is poor value based on its PE Ratio (38.6x) compared to the Australian market (19.8x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 8VI's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 8VI is overvalued based on its PB Ratio (19.8x) compared to the AU Consumer Services industry average (2.7x).


Future Growth

How is 8VI Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

40.8%

Forecasted Consumer Services 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 8VI 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 8VI Holdings performed over the past 5 years?

21.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 8VI has high quality earnings.

Growing Profit Margin: 8VI's current net profit margins (22.6%) are higher than last year (9.9%).


Past Earnings Growth Analysis

Earnings Trend: 8VI's earnings have grown significantly by 21.9% per year over the past 5 years.

Accelerating Growth: 8VI's earnings growth over the past year (446.7%) exceeds its 5-year average (21.9% per year).

Earnings vs Industry: 8VI earnings growth over the past year (446.7%) exceeded the Consumer Services industry 43.2%.


Return on Equity

High ROE: 8VI's Return on Equity (52.9%) is considered outstanding.


Financial Health

How is 8VI Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 8VI's short term assets (SGD24.4M) exceed its short term liabilities (SGD14.4M).

Long Term Liabilities: 8VI's short term assets (SGD24.4M) exceed its long term liabilities (SGD311.4K).


Debt to Equity History and Analysis

Debt Level: 8VI is debt free.

Reducing Debt: 8VI has not had any debt for past 5 years.

Debt Coverage: 8VI has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 8VI has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is 8VI Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 8VI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 8VI'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 8VI's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 8VI'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 8VI'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?

3.3yrs

Average board tenure


CEO

Ken Chee

2.75yrs

Tenure

Mr. Kuan Tat Chee, also known as Ken, has been Executive Director and Chief Executive Officer at 8VI Holdings Limited (formerly known as 8VIC Holdings Limited) since January 1, 2019. Mr. Chee is a Co-Found...


Board Members

Experienced Board: 8VI's board of directors are considered experienced (3.3 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.5%.


Top Shareholders

Company Information

8VI Holdings Limited's employee growth, exchange listings and data sources


Key Information

  • Name: 8VI Holdings Limited
  • Ticker: 8VI
  • Exchange: ASX
  • Founded: 2008
  • Industry: Education Services
  • Sector: Consumer Services
  • Market Cap: AU$224.198m
  • Shares outstanding: 42.38m
  • Website: https://www.8vicglobal.com

Location

  • 8VI Holdings Limited
  • Goldbell Towers
  • No. 03-03/04, 47 Scotts Road
  • Singapore
  • 228233
  • Singapore

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/22 15:50
End of Day Share Price2021/10/22 00:00
Earnings2021/03/31
Annual Earnings2021/03/31


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.