Asia Asset Finance (COSE:AAF.P0000) - Stock Price, News & Analysis

AAF.P0000 Stock Overview

A deposit-taking institution, offers financial products and services to individuals and businesses primarily in Sri Lanka.

About the company

AAF.P0000 fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	3/6
Financial Health	5/6
Dividends	0/6

Rewards

Price-To-Earnings ratio (4.4x) is below the LK market (7.8x)

Earnings have grown 39.3% per year over the past 5 years

Risk Analysis

Does not have a meaningful market cap (LKR2B)

Shares are highly illiquid

Asia Asset Finance PLC Competitors

Lanka Credit and Business Finance

COSE:LCBF.N0000

LK₨1.7b

Sarvodaya Development Finance

COSE:SDF.N0000

LK₨2.3b

Abans Finance

COSE:AFSL.N0000

LK₨1.6b

Associated Motor Finance

COSE:AMF.N0000

LK₨3.2b

Price History & Performance

Summary of all time highs, changes and price drops for Asia Asset Finance
Historical stock prices
Current Share Price	LK₨19.00
52 Week High	LK₨21.50
52 Week Low	LK₨10.00
Beta	0.59
11 Month Change	6.15%
3 Month Change	18.01%
1 Year Change	55.74%
33 Year Change	106.52%
5 Year Change	n/a
Change since IPO	3,700.00%

Recent updates

Shareholder Returns

	AAF.P0000	LK Consumer Finance	LK Market
7D	5.6%	3.9%	2.6%
1Y	55.7%	20.7%	14.8%

Return vs Industry: AAF.P0000 exceeded the LK Consumer Finance industry which returned 20.7% over the past year.

Return vs Market: AAF.P0000 exceeded the LK Market which returned 14.8% over the past year.

Price Volatility

Is AAF.P0000's price volatile compared to industry and market?
AAF.P0000 volatility
AAF.P0000 Average Weekly Movement	n/a
Consumer Finance Industry Average Movement	4.6%
Market Average Movement	4.2%
10% most volatile stocks in LK Market	6.5%
10% least volatile stocks in LK Market	3.0%

Stable Share Price: AAF.P0000's share price has been volatile over the past 3 months compared to the LK market.

Volatility Over Time: Insufficient data to determine AAF.P0000's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1970	724	Rajiv James Gunawardena	www.asiaassetfinance.com

Asia Asset Finance PLC, a deposit-taking institution, offers financial products and services to individuals and businesses primarily in Sri Lanka. It provides public and fixed deposits; mortgage, gold, personal, group personal, business, corporate, micro finance, and pledge loans; cheques and invoice discounting; foreign exchange services; and leasing and hire purchase services. The company was incorporated in 1970 and is based in Colombo, Sri Lanka.

Asia Asset Finance PLC Fundamentals Summary

How do Asia Asset Finance's earnings and revenue compare to its market cap?
AAF.P0000 fundamental statistics
Market cap	LK₨1.78b
Earnings (TTM)	LK₨404.75m
Revenue (TTM)	LK₨1.88b

4.4x

P/E Ratio

0.9x

P/S Ratio

Is AAF.P0000 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AAF.P0000 income statement (TTM)
Revenue	LK₨1.88b
Cost of Revenue	LK₨0
Gross Profit	LK₨1.88b
Other Expenses	LK₨1.47b
Earnings	LK₨404.75m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	3.26
Gross Margin	100.00%
Net Profit Margin	21.54%
Debt/Equity Ratio	235.3%

How did AAF.P0000 perform over the long term?

See historical performance and comparison

Asia Asset Finance COSE:AAF.P0000 Stock Report