| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 3/6 |
| Financial Health | 6/6 |
| Dividends | 2/6 |
SEC Overview
Spheria Emerging Companies Limited operates as an investment company in Australia.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$2.51 |
| 52 Week High | AU$1.63 |
| 52 Week Low | AU$2.63 |
| Beta | 0.78 |
| 1 Month Change | 0.80% |
| 3 Month Change | 8.19% |
| 1 Year Change | 49.41% |
| 3 Year Change | 45.09% |
| 5 Year Change | n/a |
| Change since IPO | 25.50% |
Recent News & Updates
Only Four Days Left To Cash In On Spheria Emerging Companies' (ASX:SEC) Dividend
Spheria Emerging Companies Limited ( ASX:SEC ) is about to trade ex-dividend in the next 4 days. Ex-dividend means that...
Is Spheria Emerging Companies Limited (ASX:SEC) A Smart Choice For Dividend Investors?
Could Spheria Emerging Companies Limited ( ASX:SEC ) be an attractive dividend share to own for the long haul...
Shareholder Returns
| SEC | AU Capital Markets | AU Market | |
|---|---|---|---|
| 7D | -1.6% | 2.3% | 0.8% |
| 1Y | 49.4% | 29.1% | 24.4% |
Return vs Industry: SEC exceeded the Australian Capital Markets industry which returned 29.1% over the past year.
Return vs Market: SEC exceeded the Australian Market which returned 24.4% over the past year.
Price Volatility
| SEC volatility | |
|---|---|
| SEC Beta | 0.78 |
| Industry Beta | 0.99 |
| Market Beta | 1 |
Stable Share Price: SEC is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: SEC's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2017 | n/a | n/a | https://spheria.com.au/funds/spheria-emerging-companies-limited-asx-sec/ |
Spheria Emerging Companies Limited operates as an investment company in Australia. It provides investors with access to a managed portfolio of Australian small-cap securities. The company was incorporated in 2017 and is based in Sydney, Australia.
Spheria Emerging Companies Fundamentals Summary
| SEC fundamental statistics | |
|---|---|
| Market Cap | AU$155.19m |
| Earnings (TTM) | AU$40.19m |
| Revenue (TTM) | AU$61.60m |
3.8x
P/E Ratio2.5x
P/S RatioIs SEC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SEC income statement (TTM) | |
|---|---|
| Revenue | AU$61.60m |
| Cost of Revenue | AU$0 |
| Gross Profit | AU$61.60m |
| Expenses | AU$21.42m |
| Earnings | AU$40.19m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.67 |
| Gross Margin | 100.00% |
| Net Profit Margin | 65.23% |
| Debt/Equity Ratio | 0.0% |
How did SEC perform over the long term?
See historical performance and comparisonDividends
4.0%
Current Dividend Yield13%
Payout RatioValuation
Is Spheria Emerging Companies undervalued compared to its fair value and its price relative to the market?
3.76x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: SEC (A$2.51) is trading above our estimate of fair value (A$2.26)
Significantly Below Fair Value: SEC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SEC is good value based on its PE Ratio (3.8x) compared to the Australian Capital Markets industry average (16.7x).
PE vs Market: SEC is good value based on its PE Ratio (3.8x) compared to the Australian market (20x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SEC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SEC is good value based on its PB Ratio (1x) compared to the AU Capital Markets industry average (1.4x).
Future Growth
How is Spheria Emerging Companies forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
9.0%
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 Spheria Emerging Companies 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 Spheria Emerging Companies performed over the past 5 years?
9.6%
Historical Diversified Financials annual earnings growth
Earnings and Revenue History
Quality Earnings: SEC has high quality earnings.
Growing Profit Margin: SEC became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if SEC's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: SEC has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: SEC has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (12.8%).
Return on Equity
High ROE: SEC's Return on Equity (26.7%) is considered high.
Financial Health
How is Spheria Emerging Companies's financial position?
Financial Position Analysis
Short Term Liabilities: SEC's short term assets (A$158.5M) exceed its short term liabilities (A$2.2M).
Long Term Liabilities: SEC's short term assets (A$158.5M) exceed its long term liabilities (A$6.3M).
Debt to Equity History and Analysis
Debt Level: SEC is debt free.
Reducing Debt: SEC has not had any debt for past 5 years.
Debt Coverage: SEC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SEC has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is Spheria Emerging Companies's current dividend yield, its reliability and sustainability?
3.98%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SEC's dividend (3.98%) is higher than the bottom 25% of dividend payers in the Australian market (2.23%).
High Dividend: SEC's dividend (3.98%) is low compared to the top 25% of dividend payers in the Australian market (5.32%).
Stability and Growth of Payments
Stable Dividend: SEC has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: SEC's dividend payments have increased, but the company has only paid a dividend for 3 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (12.9%), SEC's dividend payments are thoroughly 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?
4.1yrs
Average board tenure
CEO
Spheria Emerging Companies has no CEO, or we have no data on them.
Board Members
Experienced Board: SEC's board of directors are considered experienced (4.1 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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Spheria Emerging Companies Limited's employee growth, exchange listings and data sources
Key Information
- Name: Spheria Emerging Companies Limited
- Ticker: SEC
- Exchange: ASX
- Founded: 2017
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: AU$155.189m
- Shares outstanding: 60.15m
- Website: https://spheria.com.au/funds/spheria-emerging-companies-limited-asx-sec/
Location
- Spheria Emerging Companies Limited
- 60 Margaret Street
- Level 35
- Sydney
- New South Wales
- 2000
- Australia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/26 07:02 |
| End of Day Share Price | 2021/10/26 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2021/06/30 |
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.