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FAS

Fidelity Asian ValuesLSE:FAS Stock Report

Last Price

UK£4.72

Market Cap

UK£345.4m

7D

-0.6%

1Y

4.0%

Updated

19 Jan, 2022

Data

Company Financials +
FAS fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends4/6

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

Summary of all time highs, changes and price drops for Fidelity Asian Values
Historical stock prices
Current Share PriceUK£4.72
52 Week HighUK£5.10
52 Week LowUK£4.10
Beta0.67
1 Month Change3.06%
3 Month Change-2.28%
1 Year Change3.97%
3 Year Change13.87%
5 Year Change28.26%
Change since IPO404.81%

Recent News & Updates

Shareholder Returns

FASGB Capital MarketsGB Market
7D-0.6%-1.4%-1.0%
1Y4.0%-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

Is FAS's price volatile compared to industry and market?
FAS volatility
FAS Average Weekly Movement1.8%
Capital Markets Industry Average Movement4.1%
Market Average Movement5.0%
10% most volatile stocks in GB Market10.7%
10% least volatile stocks in GB Market2.5%

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

FoundedEmployeesCEOWebsite
1996n/an/ahttps://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

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

How do Fidelity Asian Values's earnings and revenue compare to its market cap?
FAS fundamental statistics
Market CapUK£345.40m
Earnings (TTM)UK£103.57m
Revenue (TTM)UK£112.07m

3.3x

P/E Ratio

3.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
FAS income statement (TTM)
RevenueUK£112.07m
Cost of RevenueUK£0
Gross ProfitUK£112.07m
ExpensesUK£8.51m
EarningsUK£103.57m

Last Reported Earnings

Jul 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)1.42
Gross Margin100.00%
Net Profit Margin92.41%
Debt/Equity Ratio0.0%

How did FAS perform over the long term?

See historical performance and comparison

Dividends

1.9%

Current Dividend Yield

6%

Payout Ratio

Valuation

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


Location

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

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/19 21:12
End of Day Share Price2022/01/19 00:00
Earnings2021/07/31
Annual Earnings2021/07/31


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.