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FASF

FAS Finance & Investment DSE:FASFIN Stock Report

Last Price

৳4.90

Market Cap

৳730.5m

7D

0%

1Y

-12.5%

Updated

26 Jun, 2022

Data

Company Financials
FASFIN fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

FASFIN Stock Overview

FAS Finance & Investment Limited operates as a non-banking financial institution in Bangladesh.

FAS Finance & Investment Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for FAS Finance & Investment
Historical stock prices
Current Share Price৳4.90
52 Week High৳11.70
52 Week Low৳4.90
Beta-0.12
1 Month Change-3.92%
3 Month Change-14.04%
1 Year Change-12.50%
3 Year Change-46.15%
5 Year Change-67.10%
Change since IPO-64.13%

Recent News & Updates

Shareholder Returns

FASFINBD Diversified FinancialBD Market
7D0%-2.9%-1.0%
1Y-12.5%30.0%-1.2%

Return vs Industry: FASFIN underperformed the BD Diversified Financial industry which returned 30% over the past year.

Return vs Market: FASFIN underperformed the BD Market which returned -1.2% over the past year.

Price Volatility

Is FASFIN's price volatile compared to industry and market?
FASFIN volatility
FASFIN Average Weekly Movement4.7%
Diversified Financial Industry Average Movement4.4%
Market Average Movement4.5%
10% most volatile stocks in BD Market6.3%
10% least volatile stocks in BD Market2.7%

Stable Share Price: FASFIN is not significantly more volatile than the rest of BD stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: FASFIN's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
199743Pritish Sarkerhttps://www.fasbd.com

FAS Finance & Investment Limited operates as a non-banking financial institution in Bangladesh. The company offers retail finance services, which include home, auto, and personal loans, as well as loans against TDR; various deposit schemes and treasury services; and corporate finance services comprising lease/sale and lease back services, project finance services, short term loans, and specialized products. It also provides structured finance services, including syndication, private placement of equity, project/infrastructure finance, as well as special funds; merger and acquisition, joint-venture matchmaking, and feasibility study advisory services; and securitization of assets.

FAS Finance & Investment Fundamentals Summary

How do FAS Finance & Investment's earnings and revenue compare to its market cap?
FASFIN fundamental statistics
Market Cap৳730.48m
Earnings (TTM)-৳1.98b
Revenue (TTM)n/a

-0.4x

P/S Ratio

-0.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
FASFIN income statement (TTM)
Revenue-৳1.87b
Cost of Revenue৳2.70m
Gross Profit-৳1.87b
Other Expenses৳104.12m
Earnings-৳1.98b

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-13.27
Gross Margin100.14%
Net Profit Margin105.71%
Debt/Equity Ratio-262.3%

How did FASFIN perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is FASFIN 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

  • PEG Ratio

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

FASFIN 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/Revenuen/a
Enterprise Value/EBITDAn/a
PEG Ration/a

Price to Book Ratio vs Peers

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

FASFIN PB Ratio vs Peers
The above table shows the PB ratio for FASFIN vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPBEstimated GrowthMarket Cap
Peer Average1.3x

Price-To-Book vs Peers: FASFIN is good value based on its Price-To-Book Ratio (-0.2x) compared to the peer average (1.3x).


Price to Earnings Ratio vs Industry

How does FASFIN's PE Ratio compare vs other companies in the Diversified Financial Industry?

Price-To-Book vs Industry: FASFIN is good value based on its Price-To-Book Ratio (-0.2x) compared to the BD Diversified Financial industry average (1.4x)


Price to Book Ratio vs Fair Ratio

What is FASFIN'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.

FASFIN PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio-0.2x
Fair PB Ration/a

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


Share Price vs Fair Value

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

Below Fair Value: FASFIN (BDT4.9) is trading below our estimate of fair value (BDT7.33)

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


Price to Earnings Growth Ratio

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


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Future Growth

How is FAS Finance & Investment 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


6.4%

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 FAS Finance & Investment 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 FAS Finance & Investment 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 FAS Finance & Investment 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


-69.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: FASFIN is currently unprofitable.

Growing Profit Margin: FASFIN is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: FASFIN is unprofitable, and losses have increased over the past 5 years at a rate of 69.7% per year.

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

Earnings vs Industry: FASFIN is unprofitable, making it difficult to compare its past year earnings growth to the Diversified Financial industry (1.8%).


Return on Equity

High ROE: FASFIN's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


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Financial Health

How is FAS Finance & Investment's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: FASFIN has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: FASFIN has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: FASFIN has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: FASFIN's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable FASFIN has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: FASFIN is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 13.2% per year.


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Dividend

What is FAS Finance & Investment current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

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

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

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


Earnings Payout to Shareholders

Earnings Coverage: FASFIN is not paying a notable dividend for the BD market.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as FASFIN has not reported any payouts.


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Management

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

2.4yrs

Average management tenure


CEO

Pritish Sarker

4.42yrs

Tenure

৳5,600,000

Compensation

Mr. Pritish Kumar Sarker is Managing Director, Chief Executive Officer and Director of FAS Finance & Investment Limited since January 07, 2018. Mr. Sarker was Senior Executive Vice President of Southeast B...


Leadership Team

Experienced Management: FASFIN's management team is considered experienced (2.4 years average tenure).


Board Members

Experienced Board: FASFIN's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.


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

FAS Finance & Investment Limited's employee growth, exchange listings and data sources


Key Information

  • Name: FAS Finance & Investment Limited
  • Ticker: FASFIN
  • Exchange: DSE
  • Founded: 1997
  • Industry: Other Diversified Financial Services
  • Sector: Diversified Financials
  • Implied Market Cap: ৳730.479m
  • Shares outstanding: 149.08m
  • Website: https://www.fasbd.com

Number of Employees


Location

  • FAS Finance & Investment Limited
  • Suvastu Imam Square
  • 4th and 5th Floor
  • Dhaka
  • 1212
  • Bangladesh

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/26 00:00
End of Day Share Price2022/06/26 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.