| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 3/6 |
| Financial Health | 6/6 |
| Dividends | 4/6 |
FAS Stock Overview
Fidelity Asian Values plc is a closed-ended equity mutual fund launched and managed by FIL Investment Services (UK) Limited.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | UK£4.72 |
| 52 Week High | UK£5.10 |
| 52 Week Low | UK£4.10 |
| Beta | 0.67 |
| 1 Month Change | 3.06% |
| 3 Month Change | -2.28% |
| 1 Year Change | 3.97% |
| 3 Year Change | 13.87% |
| 5 Year Change | 28.26% |
| Change since IPO | 404.81% |
Recent News & Updates
Shareholder Returns
| FAS | GB Capital Markets | GB Market | |
|---|---|---|---|
| 7D | -0.6% | -1.4% | -1.0% |
| 1Y | 4.0% | -3.0% | 8.3% |
Return vs Industry: FAS exceeded the UK Capital Markets industry which returned -1.9% over the past year.
Return vs Market: FAS underperformed the UK Market which returned 8.3% over the past year.
Price Volatility
| FAS volatility | |
|---|---|
| FAS Average Weekly Movement | 1.8% |
| Capital Markets Industry Average Movement | 4.1% |
| Market Average Movement | 5.0% |
| 10% most volatile stocks in GB Market | 10.7% |
| 10% least volatile stocks in GB Market | 2.5% |
Stable Share Price: FAS is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: FAS's weekly volatility (2%) has been stable over the past year.
About the Company
Fidelity Asian Values plc is a closed-ended equity mutual fund launched and managed by FIL Investment Services (UK) Limited. The fund is co-managed by FIL Investments International and FIL Investment Management (Hong Kong) Limited. It invests in the public equity markets of Asia, excluding Japan.
Fidelity Asian Values Fundamentals Summary
| FAS fundamental statistics | |
|---|---|
| Market Cap | UK£345.40m |
| Earnings (TTM) | UK£103.57m |
| Revenue (TTM) | UK£112.07m |
3.3x
P/E Ratio3.1x
P/S RatioIs FAS overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| FAS income statement (TTM) | |
|---|---|
| Revenue | UK£112.07m |
| Cost of Revenue | UK£0 |
| Gross Profit | UK£112.07m |
| Expenses | UK£8.51m |
| Earnings | UK£103.57m |
Last Reported Earnings
Jul 31, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.42 |
| Gross Margin | 100.00% |
| Net Profit Margin | 92.41% |
| Debt/Equity Ratio | 0.0% |
How did FAS perform over the long term?
See historical performance and comparisonDividends
1.9%
Current Dividend Yield6%
Payout RatioValuation
Is Fidelity Asian Values undervalued compared to its fair value and its price relative to the market?
3.34x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: FAS (£4.72) is trading above our estimate of fair value (£1.04)
Significantly Below Fair Value: FAS is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: FAS is good value based on its PE Ratio (3.3x) compared to the UK Capital Markets industry average (10.9x).
PE vs Market: FAS is good value based on its PE Ratio (3.3x) compared to the UK market (19.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate FAS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: FAS is good value based on its PB Ratio (0.9x) compared to the GB Capital Markets industry average (1.7x).
Future Growth
How is Fidelity Asian Values forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
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 Fidelity Asian Values 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 Fidelity Asian Values performed over the past 5 years?
-18.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FAS has high quality earnings.
Growing Profit Margin: FAS became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: FAS's earnings have declined by 18.3% per year over the past 5 years.
Accelerating Growth: FAS has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: FAS has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (66.7%).
Return on Equity
High ROE: FAS's Return on Equity (28.4%) is considered high.
Financial Health
How is Fidelity Asian Values's financial position?
Financial Position Analysis
Short Term Liabilities: FAS's short term assets (£20.9M) exceed its short term liabilities (£7.0M).
Long Term Liabilities: FAS has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: FAS is debt free.
Reducing Debt: FAS has not had any debt for past 5 years.
Debt Coverage: FAS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: FAS has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is Fidelity Asian Values's current dividend yield, its reliability and sustainability?
1.86%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: FAS's dividend (1.86%) is higher than the bottom 25% of dividend payers in the UK market (1.41%).
High Dividend: FAS's dividend (1.86%) is low compared to the top 25% of dividend payers in the UK market (4.06%).
Stability and Growth of Payments
Stable Dividend: FAS's dividends per share have been stable in the past 10 years.
Growing Dividend: FAS's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (6.2%), FAS'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.
Management
How experienced are the management team and are they aligned to shareholders interests?
12.0yrs
Average board tenure
CEO
Fidelity Asian Values has no CEO, or we have no data on them.
Board Members
Experienced Board: FAS's board of directors are seasoned and experienced ( 12 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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Fidelity Asian Values PLC's employee growth, exchange listings and data sources
Key Information
- Name: Fidelity Asian Values PLC
- Ticker: FAS
- Exchange: LSE
- Founded: 1996
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Implied Market Cap: UK£345.404m
- Shares outstanding: 73.18m
- Website: https://www.fidelity.co.uk/investor/research-funds/fund-supermarket/factsheet/summary.page?idtype=ISIN&fundid=GB0003322319&UseProxy=Yes&fundname=Fidelity%20Asian%20Values%20PLC&UserChannel=Direct
Location
- Fidelity Asian Values PLC
- Beech Gate
- Millfield Lane
- Tadworth
- Surrey
- KT20 6RP
- United Kingdom
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/19 21:12 |
| End of Day Share Price | 2022/01/19 00:00 |
| Earnings | 2021/07/31 |
| Annual Earnings | 2021/07/31 |
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.