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African Phoenix Investments

DB:NXHA
Snowflake Description

Flawless balance sheet with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
NXHA
DB
ZAR970M
Market Cap
  1. Home
  2. DE
  3. Insurance
Company description

African Phoenix Investments Limited, an investment holding company, provides life insurance products to individuals and community groups in South Africa. The last earnings update was 42 days ago. More info.


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NXHA Share Price and Events
7 Day Returns
26.9%
DB:NXHA
-0.7%
DE Insurance
-1%
DE Market
1 Year Returns
10%
DB:NXHA
20.9%
DE Insurance
-6.2%
DE Market
NXHA Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
African Phoenix Investments (NXHA) 26.9% 22.2% 26.9% 10% - -
DE Insurance -0.7% 3.8% 3.4% 20.9% 60.9% 63.3%
DE Market -1% 2.1% -1.8% -6.2% 10.4% 12.6%
1 Year Return vs Industry and Market
  • NXHA underperformed the Insurance industry which returned 20.9% over the past year.
  • NXHA outperformed the Market in Germany which returned -6.2% over the past year.
Price Volatility
NXHA
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for African Phoenix Investments's competitors could be found in our database.

NXHA Value

 Is African Phoenix Investments undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of African Phoenix Investments to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for African Phoenix Investments.

DB:NXHA Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Median Return on Equity from the past 5 years.
= Stable Book Value * Return on Equity
= ZAR0.50 * 2.5%
ZAR0.01
Book Value of Equity per Share Median Book Value from the past 5 years. ZAR0.50
Discount Rate (Cost of Equity) See below 5%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:NXHA
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Insurance Unlevered Beta Simply Wall St/ S&P Global 0.69
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.685 (1 + (1- 28%) (0%))
0.789
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (0.8 * 5.96%)
5%

Discounted Cash Flow Calculation for DB:NXHA using Excess Returns Model Model

The calculations below outline how an intrinsic value for African Phoenix Investments is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

DB:NXHA Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (2.5% – 5%) * ZAR0.50)
ZAR-0.01
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= ZAR-0.01 / (5% - 0.23%)
ZAR-0.27
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= ZAR0.50 + ZAR-0.27
ZAR0.24
DB:NXHA Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:NXHA represents 0.04853x of JSE:AXL
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.04853x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (ZAR) x Listing Adjustment Factor
= ZAR 0.24 x 0.04853
€0.01
Value per share (EUR) From above. €0.01
Current discount Discount to share price of €0.03
= -1 x (€0.03 - €0.01) / €0.01
-188.2%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of African Phoenix Investments is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for African Phoenix Investments's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are African Phoenix Investments's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:NXHA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in ZAR ZAR0.03
JSE:AXL Share Price ** JSE (2019-07-16) in ZAR ZAR0.68
Germany Insurance Industry PE Ratio Median Figure of 6 Publicly-Listed Insurance Companies 13.48x
Germany Market PE Ratio Median Figure of 419 Publicly-Listed Companies 19.92x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of African Phoenix Investments.

DB:NXHA PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= JSE:AXL Share Price ÷ EPS (both in ZAR)

= 0.68 ÷ 0.03

25.01x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • African Phoenix Investments is overvalued based on earnings compared to the DE Insurance industry average.
  • African Phoenix Investments is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does African Phoenix Investments's expected growth come at a high price?
Raw Data
DB:NXHA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 25.01x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
26.6%per year
Germany Insurance Industry PEG Ratio Median Figure of 5 Publicly-Listed Insurance Companies 3.11x
Germany Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.48x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for African Phoenix Investments, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on African Phoenix Investments's assets?
Raw Data
DB:NXHA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in ZAR ZAR0.53
JSE:AXL Share Price * JSE (2019-07-16) in ZAR ZAR0.68
Germany Insurance Industry PB Ratio Median Figure of 6 Publicly-Listed Insurance Companies 1.08x
Germany Market PB Ratio Median Figure of 565 Publicly-Listed Companies 1.75x
DB:NXHA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= JSE:AXL Share Price ÷ Book Value per Share (both in ZAR)

= 0.68 ÷ 0.53

1.28x

* Primary Listing of African Phoenix Investments.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • African Phoenix Investments is overvalued based on assets compared to the DE Insurance industry average.
X
Value checks
We assess African Phoenix Investments's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Insurance industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Insurance industry average (and greater than 0)? (1 check)
  5. African Phoenix Investments has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

NXHA Future Performance

 How is African Phoenix Investments expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover African Phoenix Investments, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
26.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is African Phoenix Investments expected to grow at an attractive rate?
  • African Phoenix Investments's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • African Phoenix Investments's earnings growth is expected to exceed the Germany market average.
  • Unable to compare African Phoenix Investments's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:NXHA Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:NXHA Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 26.6%
Germany Insurance Industry Earnings Growth Rate Market Cap Weighted Average 4.7%
Germany Insurance Industry Revenue Growth Rate Market Cap Weighted Average 5%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.1%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5.2%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:NXHA Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in ZAR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:NXHA Past Financials Data
Date (Data in ZAR Millions) Revenue Cash Flow Net Income *
2019-03-31 233 -7 39
2018-12-31 226 16 42
2018-09-30 218 40 46
2018-06-30 214 57 97
2018-03-31 211 74 148
2017-12-31 207 75 171
2017-09-30 204 76 195
2017-03-31 202 295 -37
2016-12-31 201 203 -67
2016-09-30 200 110 -96

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • African Phoenix Investments's earnings are expected to grow significantly at over 20% yearly.
  • Unable to determine if African Phoenix Investments is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:NXHA Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from African Phoenix Investments Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:NXHA Past Financials Data
Date (Data in ZAR Millions) EPS *
2019-03-31 0.03
2018-12-31 0.03
2018-09-30 0.03
2018-06-30 0.07
2018-03-31 0.10
2017-12-31 0.12
2017-09-30 0.14
2017-03-31 -0.03
2016-12-31 -0.05
2016-09-30 -0.06

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if African Phoenix Investments will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess African Phoenix Investments's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
African Phoenix Investments has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

NXHA Past Performance

  How has African Phoenix Investments performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare African Phoenix Investments's growth in the last year to its industry (Insurance).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • African Phoenix Investments has delivered over 20% year on year earnings growth in the past 5 years.
  • African Phoenix Investments's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • African Phoenix Investments's 1-year earnings growth is negative, it can't be compared to the DE Insurance industry average.
Earnings and Revenue History
African Phoenix Investments's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from African Phoenix Investments Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:NXHA Past Revenue, Cash Flow and Net Income Data
Date (Data in ZAR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 233.28 38.81 195.72
2018-12-31 225.59 42.19 173.43
2018-09-30 217.90 45.58 151.14
2018-06-30 214.35 96.65 137.75
2018-03-31 210.81 147.71 124.36
2017-12-31 207.25 171.20 108.64
2017-09-30 203.69 194.69 92.93
2017-03-31 202.28 -37.44 85.76
2016-12-31 201.14 -66.72 88.38
2016-09-30 200.00 -96.00 91.00
2016-03-31 956.00 820.00 55.00
2015-12-31 921.50 815.50 41.00
2015-09-30 887.00 811.00 27.00
2015-03-31 -28,016.00 -11,899.00 -2,633.00
2014-12-31 -21,827.00 -14,089.50 -1,130.50
2014-03-31 24,695.00 -9,270.00 6,157.00
2013-12-31 24,642.50 -6,778.50 6,140.50
2013-09-30 24,590.00 -4,287.00 6,124.00
2013-03-31 24,887.00 2,265.00 5,654.00
2012-12-31 23,467.50 2,647.00 5,560.50
2012-09-30 22,048.00 3,029.00 5,467.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • African Phoenix Investments has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • African Phoenix Investments used its assets more efficiently than the DE Insurance industry average last year based on Return on Assets.
  • African Phoenix Investments's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess African Phoenix Investments's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Insurance industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
African Phoenix Investments has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

NXHA Health

 How is African Phoenix Investments's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up African Phoenix Investments's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • African Phoenix Investments is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • African Phoenix Investments's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of African Phoenix Investments's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • African Phoenix Investments has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from African Phoenix Investments Company Filings, last reported 3 months ago.

DB:NXHA Past Debt and Equity Data
Date (Data in ZAR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 1,885.67 0.00 1,289.63
2018-12-31 1,885.67 0.00 1,289.63
2018-09-30 1,871.83 23.38 1,656.45
2018-06-30 1,871.83 23.38 1,656.45
2018-03-31 1,846.83 23.38 1,907.68
2017-12-31 1,846.83 23.38 1,907.68
2017-09-30 1,826.25 23.38 1,881.33
2017-03-31 1,699.00 23.00 1,833.00
2016-12-31 1,699.00 23.00 1,833.00
2016-09-30 1,640.00 23.00 1,833.00
2016-03-31 1,592.00 197.00 1,935.00
2015-12-31 1,592.00 197.00 1,935.00
2015-09-30 558.00 447.00 454.00
2015-03-31 -253.00 447.00 14.00
2014-12-31 -253.00 447.00 14.00
2014-03-31 10,661.00 46,788.00 6,568.00
2013-12-31 10,661.00 46,788.00 6,568.00
2013-09-30 9,804.00 46,698.00 3,697.00
2013-03-31
2012-12-31 14,269.00 41,675.00 3,216.00
2012-09-30 14,269.00 41,675.00 3,216.00
  • African Phoenix Investments has no debt.
  • African Phoenix Investments has no debt compared to 5 years ago when it was 438.9%.
  • African Phoenix Investments has no debt, it does not need to be covered by operating cash flow.
  • African Phoenix Investments has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess African Phoenix Investments's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. African Phoenix Investments has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

NXHA Dividends

 What is African Phoenix Investments's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from African Phoenix Investments dividends.
If you bought €2,000 of African Phoenix Investments shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate African Phoenix Investments's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate African Phoenix Investments's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:NXHA Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Germany Insurance Industry Average Dividend Yield Market Cap Weighted Average of 6 Stocks 4.1%
Germany Market Average Dividend Yield Market Cap Weighted Average of 325 Stocks 3.1%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.5%
Germany Top 25% Dividend Yield 75th Percentile 3.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as African Phoenix Investments has not reported any payouts.
  • Unable to verify if African Phoenix Investments's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of African Phoenix Investments's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as African Phoenix Investments has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess African Phoenix Investments's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can African Phoenix Investments afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. African Phoenix Investments has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

NXHA Management

 What is the CEO of African Phoenix Investments's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
  • African Phoenix Investments has no CEO, or we have no data on them.
Management Team

Lindiwe Miyambu

TITLE
Group Executive of Human Capital

Piet Swanepoel

TITLE
Chief Risk Officer
AGE
57
TENURE
5 yrs

Charles Chemel

TITLE
Group Executive of Customer Value Proposition
COMPENSATION
ZAR3M

Muller Strauss

TITLE
Chief Financial Officer of African Bank Limited

George Roussos

TITLE
Group Executive of Core Operations
COMPENSATION
ZAR3M

Gustav Raubenheimer

TITLE
Executive Credit
AGE
48
Board of Directors Tenure

Average tenure and age of the African Phoenix Investments board of directors in years:

0.3
Average Tenure
48
Average Age
  • The average tenure for the African Phoenix Investments board of directors is less than 3 years, this suggests a new board.
Board of Directors

Lea Conrad

TITLE
Chairperson of the Board
COMPENSATION
ZAR714K
AGE
55
TENURE
0.3 yrs

Reshma Mathura

TITLE
Independent Non-Executive Director
AGE
41
TENURE
0.9 yrs

Oyama Mabandla

TITLE
Independent Non-Executive Director
AGE
56
TENURE
1.8 yrs

Thiru Pather

TITLE
Independent Non-Executive Director
TENURE
0.2 yrs

Alton Solomons

TITLE
Independent Non-Executive Director
TENURE
0.1 yrs

Monde Nkosi

TITLE
Non-Executive Director
AGE
28
TENURE
0.1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
14. Mar 19 Buy Value Capital Partners Company 11. Mar 19 13. Mar 19 1,373,656 €0.03 €46,352
11. Mar 19 Buy Value Capital Partners Company 06. Mar 19 08. Mar 19 762,650 €0.03 €25,876
06. Mar 19 Buy Value Capital Partners Company 01. Mar 19 05. Mar 19 315,201 €0.03 €10,597
04. Mar 19 Buy Value Capital Partners Company 26. Feb 19 28. Feb 19 1,945,449 €0.03 €66,968
X
Management checks
We assess African Phoenix Investments's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. African Phoenix Investments has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

NXHA News

Simply Wall St News

NXHA Company Info

Description

African Phoenix Investments Limited, an investment holding company, provides life insurance products to individuals and community groups in South Africa. The company’s retail insurance portfolio comprises funeral, accident cover, critical illness, crime injury, and life cover policies. It also provides various products across disability and health sectors. The company was formerly known as African Bank Investments Limited and changed its name to African Phoenix Investments Limited in February 2017. African Phoenix Investments Limited is based in Johannesburg, South Africa.

Details
Name: African Phoenix Investments Limited
NXHA
Exchange: DB
Founded:
ZAR62,145,425
1,427,005,272
Website: http://www.phoenixinvestments.co.za
Address: African Phoenix Investments Limited
Global House,
3rd Floor,
Johannesburg,
Gauteng, 2196,
South Africa
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
JSE AXL A Ordinary Shares The Johannesburg Securities Exchange ZA ZAR 01. Feb 2017
OTCPK AFRV.F A Ordinary Shares Pink Sheets LLC US USD 01. Feb 2017
DB NXHA A Ordinary Shares Deutsche Boerse AG DE EUR 01. Feb 2017
Number of employees
Current staff
Staff numbers
0
African Phoenix Investments employees.
Industry
Life and Health Insurance
Insurance
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/16 22:11
End of day share price update: 2019/07/16 00:00
Last earnings filing: 2019/06/04
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/09/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.