Fiducian Group Limited, through its subsidiaries, operates as a financial services company in Australia and India. More Details
Flawless balance sheet with proven track record.
Share Price & News
How has Fiducian Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FID has not had significant price volatility in the past 3 months.
7 Day Return
AU Capital Markets
1 Year Return
AU Capital Markets
Return vs Industry: FID exceeded the Australian Capital Markets industry which returned -3.9% over the past year.
Return vs Market: FID exceeded the Australian Market which returned -10.5% over the past year.
Price Volatility Vs. Market
How volatile is Fiducian Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall StWhat Can We Conclude About Fiducian Group's (ASX:FID) CEO Pay?
3 weeks ago | Simply Wall StTrade Alert: The Independent Non-Executive Director Of Fiducian Group Limited (ASX:FID), Samir Hallab, Has Just Spent AU$120k Buying 23% More Shares
3 weeks ago | Simply Wall StThere's A Lot To Like About Fiducian Group's (ASX:FID) Upcoming AU$0.12 Dividend
Is Fiducian Group undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: FID (A$5.75) is trading above our estimate of fair value (A$5.63)
Significantly Below Fair Value: FID is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: FID is good value based on its PE Ratio (17.3x) compared to the AU Capital Markets industry average (20.9x).
PE vs Market: FID is good value based on its PE Ratio (17.3x) compared to the Australian market (19.9x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate FID's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: FID is overvalued based on its PB Ratio (4.7x) compared to the AU Capital Markets industry average (1.2x).
How is Fiducian Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Fiducian Group 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.
- Check out Fiducian Group's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
- Fiducian Group competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Diversified Financials industry.
How has Fiducian Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FID has high quality earnings.
Growing Profit Margin: FID's current net profit margins (19%) are lower than last year (20.9%).
Past Earnings Growth Analysis
Earnings Trend: FID's earnings have grown by 16.6% per year over the past 5 years.
Accelerating Growth: FID's earnings growth over the past year (1.1%) is below its 5-year average (16.6% per year).
Earnings vs Industry: FID earnings growth over the past year (1.1%) exceeded the Capital Markets industry -7.9%.
Return on Equity
High ROE: FID's Return on Equity (27.4%) is considered high.
How is Fiducian Group's financial position?
Financial Position Analysis
Short Term Liabilities: FID's short term assets (A$20.3M) exceed its short term liabilities (A$8.4M).
Long Term Liabilities: FID's short term assets (A$20.3M) exceed its long term liabilities (A$8.1M).
Debt to Equity History and Analysis
Debt Level: FID is debt free.
Reducing Debt: FID has not had any debt for past 5 years.
Debt Coverage: FID has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: FID has no debt, therefore coverage of interest payments is not a concern.
What is Fiducian Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: FID's dividend (4%) is higher than the bottom 25% of dividend payers in the Australian market (2.36%).
High Dividend: FID's dividend (4%) is low compared to the top 25% of dividend payers in the Australian market (5.7%).
Stability and Growth of Payments
Stable Dividend: FID's dividend payments have been volatile in the past 10 years.
Growing Dividend: FID's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (69.1%), FID's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Indy Singh (71 yo)
Mr. Inderjit Singh, also known as Indy, CFP, BTech, MComm (Bus), ASIA, ASFA, Dip. FP, OAM, founded Fiducian Group Limited (formerly, Fiducian Portfolio Services Limited) in 1996 and has been its Managing D ...
CEO Compensation Analysis
Compensation vs Market: Indy's total compensation ($USD434.00K) is above average for companies of similar size in the Australian market ($USD279.63K).
Compensation vs Earnings: Indy's compensation has been consistent with company performance over the past year.
|Executive Chairman of Fiducian Services & CFO||no data||no data||no data|
|General Counsel & Company Secretary||no data||no data||no data|
|Head of Marketing & Communications||no data||no data||no data|
|Executive Chairman of Financial Planning||no data||no data||no data|
|Executive Chairman of Fiducian Investment Management Services||1yr||no data||no data|
|Head of Distribution||no data||no data||no data|
|Chief Risk Officer||no data||no data||no data|
|Head of Platform Services||no data||no data||no data|
|Head of Information Technology||0.67yr||no data||no data|
Experienced Management: FID's management team is not considered experienced ( 1 years average tenure), which suggests a new team.
|Non-Executive & Independent Director||24.67yrs||AU$104.00k||1.59% |
|Independent Non-Executive Director||4.08yrs||AU$68.39k||0.34% |
|Independent Non-Executive Director||13.17yrs||AU$95.29k||0.85% |
Experienced Board: FID's board of directors are considered experienced (8.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: FID insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Fiducian Group Limited's company bio, employee growth, exchange listings and data sources
- Name: Fiducian Group Limited
- Ticker: FID
- Exchange: ASX
- Founded: 1996
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: AU$180.795m
- Shares outstanding: 31.44m
- Website: https://www.fiducian.com.au
Number of Employees
- Fiducian Group Limited
- 1 York Street
- Level 4
- New South Wales
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|FID||ASX (Australian Securities Exchange)||Yes||New Ordinary Shares||AU||AUD||Sep 2000|
|FID||CHIA (Chi-X Australia)||Yes||New Ordinary Shares||AU||AUD||Sep 2000|
Fiducian Group Limited, through its subsidiaries, operates as a financial services company in Australia and India. It operates through Funds Management, Corporate and Platform Administration, and Financial ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/17 19:09|
|End of Day Share Price||2020/09/17 00:00|
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.