company background image
8IH

8I HoldingsASX:8IH Stock Report

Market Cap

AU$101.2m

7D

3.7%

1Y

107.4%

Updated

15 Oct, 2021

Data

Company Financials
8IH fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends0/6

8IH Overview

8I Holdings Limited, an investment holding company, engages in the financial education, public and private market investments, and financial technology businesses.

Price History & Performance

Summary of all time highs, changes and price drops for 8I Holdings
Historical stock prices
Current Share PriceAU$0.28
52 Week HighAU$0.13
52 Week LowAU$0.35
Beta0.57
1 Month Change21.74%
3 Month Change3.70%
1 Year Change107.41%
3 Year Change154.55%
5 Year Change-62.67%
Change since IPO-9.68%

Recent News & Updates

Feb 13
8I Holdings' (ASX:8IH) Stock Price Has Reduced 80% In The Past Five Years

8I Holdings' (ASX:8IH) Stock Price Has Reduced 80% In The Past Five Years

8I Holdings Limited ( ASX:8IH ) shareholders will doubtless be very grateful to see the share price up 38% in the last...

Shareholder Returns

8IHAU Diversified FinancialAU Market
7D3.7%2.2%0.9%
1Y107.4%12.9%20.2%

Return vs Industry: 8IH exceeded the Australian Diversified Financial industry which returned 11.2% over the past year.

Return vs Market: 8IH exceeded the Australian Market which returned 19.3% over the past year.

Price Volatility

Is 8IH's price volatile compared to industry and market?
8IH volatility
8IH Beta0.57
Industry Beta0.92
Market Beta1

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

Volatility Over Time: 8IH's weekly volatility has decreased from 19% to 7% over the past year.

About the Company

FoundedEmployeesCEOWebsite
2008n/an/ahttps://www.8iholdings.com

8I Holdings Limited, an investment holding company, engages in the financial education, public and private market investments, and financial technology businesses. It operates in Financial Education, Financial Investment, and All Other segments. The company engages in the fintech and financial educational space with operations under the VI brand in Singapore, Malaysia, Thailand, Taiwan, and China.

8I Holdings Fundamentals Summary

How do 8I Holdings's earnings and revenue compare to its market cap?
8IH fundamental statistics
Market CapS$101.27m
Earnings (TTM)S$7.95m
Revenue (TTM)S$32.60m

12.8x

P/E Ratio

3.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
8IH income statement (TTM)
RevenueS$32.60m
Cost of RevenueS$6.15m
Gross ProfitS$26.45m
ExpensesS$18.51m
EarningsS$7.95m

Last Reported Earnings

Mar 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.022
Gross Margin81.14%
Net Profit Margin24.38%
Debt/Equity Ratio0%

How did 8IH perform over the long term?

See historical performance and comparison

Valuation

Is 8I Holdings undervalued compared to its fair value and its price relative to the market?

12.75x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 8IH's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 8IH's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 8IH is good value based on its PE Ratio (12.8x) compared to the Australian Diversified Financial industry average (17.6x).

PE vs Market: 8IH is good value based on its PE Ratio (12.8x) compared to the Australian market (19.7x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: 8IH is overvalued based on its PB Ratio (2.9x) compared to the AU Diversified Financial industry average (1.1x).


Future Growth

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

-18.9%

Forecasted Diversified Financials 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 8I 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 8I Holdings performed over the past 5 years?

-34.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 8IH has high quality earnings.

Growing Profit Margin: 8IH became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: 8IH's earnings have declined by 34.9% per year over the past 5 years.

Accelerating Growth: 8IH has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 8IH has become profitable in the last year, making it difficult to compare its past year earnings growth to the Diversified Financial industry (-19%).


Return on Equity

High ROE: 8IH's Return on Equity (24%) is considered high.


Financial Health

How is 8I Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 8IH's short term assets (SGD53.8M) exceed its short term liabilities (SGD20.0M).

Long Term Liabilities: 8IH's short term assets (SGD53.8M) exceed its long term liabilities (SGD311.4K).


Debt to Equity History and Analysis

Debt Level: 8IH is debt free.

Reducing Debt: 8IH had no debt 5 years ago.

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

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


Balance Sheet


Dividend

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


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if 8IH's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 8IH is not paying a notable dividend for the Australian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 8IH'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?

6.1yrs

Average management tenure


CEO

8I Holdings has no CEO, or we have no data on them.


Leadership Team

Experienced Management: 8IH's management team is seasoned and experienced (6.1 years average tenure).


Board Members

Experienced Board: 8IH's board of directors are considered experienced (7.3 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

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


Key Information

  • Name: 8I Holdings Limited
  • Ticker: 8IH
  • Exchange: ASX
  • Founded: 2008
  • Industry: Other Diversified Financial Services
  • Sector: Diversified Financials
  • Market Cap: AU$101.232m
  • Shares outstanding: 361.54m
  • Website: https://www.8iholdings.com

Number of Employees


Location

  • 8I Holdings Limited
  • No. 03-03/04, Goldbell Towers
  • 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 Analysis2021/10/15 15:52
End of Day Share Price2021/10/15 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.