LSE:FAS

Stock Analysis Report

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Executive Summary

Fidelity Asian Values plc is a closed-ended equity mutual fund launched and managed by FIL Investment Services (UK) Limited. More Details


Snowflake Analysis

Share Price & News

How has Fidelity Asian Values's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: FAS is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: FAS's weekly volatility (3%) has been stable over the past year.


Market Performance


7 Day Return

-4.2%

FAS

-1.7%

GB Capital Markets

-2.3%

GB Market


1 Year Return

20.4%

FAS

15.5%

GB Capital Markets

1.1%

GB Market

Return vs Industry: FAS exceeded the UK Capital Markets industry which returned 13.6% over the past year.

Return vs Market: FAS exceeded the UK Market which returned -0.2% over the past year.


Shareholder returns

FASIndustryMarket
7 Day-4.2%-1.7%-2.3%
30 Day0.8%2.8%-0.1%
90 Day4.1%11.9%4.2%
1 Year23.3%20.4%19.2%15.5%7.1%1.1%
3 Year18.5%11.5%50.7%33.5%9.7%-3.4%
5 Year85.3%70.0%111.8%76.1%36.9%10.5%

Long-Term Price Volatility Vs. Market

How volatile is Fidelity Asian Values's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Fidelity Asian Values undervalued compared to its fair value and its price relative to the market?

1.16x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: FAS (£4.22) is trading above our estimate of fair value (£0.82)

Significantly Below Fair Value: FAS is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: FAS is unprofitable, so we can't compare its PE Ratio to the GB Capital Markets industry average.

PE vs Market: FAS is unprofitable, so we can't compare its PE Ratio to the UK market.


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 (1.2x) compared to the GB Capital Markets industry average (1.6x).

Future Growth

How is Fidelity Asian Values forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

23.8%

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?

-42.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FAS is currently unprofitable.

Growing Profit Margin: FAS is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: FAS is unprofitable, and losses have increased over the past 5 years at a rate of 42.3% per year.

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

Earnings vs Industry: FAS is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (-1.4%).


Return on Equity

High ROE: FAS has a negative Return on Equity (-20.51%), as it is currently unprofitable.

Financial Health

How is Fidelity Asian Values's financial position?


Financial Position Analysis

Short Term Liabilities: FAS's short term assets (£31.6M) exceed its short term liabilities (£3.4M).

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?

2.02%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: FAS's dividend (2.02%) is higher than the bottom 25% of dividend payers in the UK market (1.48%).

High Dividend: FAS's dividend (2.02%) is low compared to the top 25% of dividend payers in the UK market (4.52%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, FAS has been paying a dividend for less than 10 years.

Growing Dividend: FAS's dividend payments have increased, but the company has only paid a dividend for 9 years.


Current Payout to Shareholders

Dividend Coverage: FAS is paying a dividend but the company is unprofitable.


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?

7.4yrs

Average board tenure


CEO

Fidelity Asian Values has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
Grahame Stott
Non-Executive Director7.42yrsUK£20.00k0.034%
£ 105.4k
Christopher Knight
Senior Independent Director10.67yrsUK£22.00kno data
Kate Bolsover
Chairman6.17yrsUK£22.00k0.021%
£ 65.1k
Michael Warren
Non-Executive Director6.42yrsno data0.014%
£ 42.1k
Philip Smiley
Non-Executive Director11.08yrsUK£22.00kno data

7.4yrs

Average Tenure

66yo

Average Age

Experienced Board: FAS's board of directors are considered experienced (7.4 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

Fidelity Asian Values PLC's company bio, employee growth, exchange listings and data sources


Key Information


Location

  • Fidelity Asian Values PLC
  • Beech Gate
  • Millfield Lane
  • Tadworth
  • Surrey
  • KT20 6RP
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FASLSE (London Stock Exchange)YesOrdinary SharesGBGBPJun 1996
FASlBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBGBPJun 1996

Biography

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 Manag...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/02/27 20:06
End of Day Share Price2021/02/26 00:00
Earnings2020/07/31
Annual Earnings2020/07/31


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.