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SBMH

SBM HoldingsMUSE:SBMH.N0000 Stock Report

Market Cap

MU₨10.7b

7D

0.5%

1Y

28.0%

Updated

17 Oct, 2021

Data

Company Financials
SBMH.N0000 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health4/6
Dividends0/6

SBMH.N0000 Overview

SBM Holdings Ltd, together with its subsidiaries, provides various commercial banking and financial services to retail and corporate customers, and the government in Mauritius, Europe, the United States, the Asia Pacific, and Africa.

Price History & Performance

Summary of all time highs, changes and price drops for SBM Holdings
Historical stock prices
Current Share PriceMU₨4.16
52 Week HighMU₨3.01
52 Week LowMU₨4.72
Beta0.44
1 Month Change-3.26%
3 Month Change-10.54%
1 Year Change28.00%
3 Year Change-33.55%
5 Year Change-39.54%
Change since IPO407.32%

Recent News & Updates

Shareholder Returns

SBMH.N0000MU BanksMU Market
7D0.5%0.8%-1.0%
1Y28.0%29.5%13.9%

Return vs Industry: SBMH.N0000 underperformed the MU Banks industry which returned 29.1% over the past year.

Return vs Market: SBMH.N0000 exceeded the MU Market which returned 13.9% over the past year.

Price Volatility

Is SBMH.N0000's price volatile compared to industry and market?
SBMH.N0000 volatility
SBMH.N0000 Beta0.44
Industry Beta0.68
Market Beta1

Stable Share Price: SBMH.N0000 is not significantly more volatile than the rest of MU stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: SBMH.N0000's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1973n/an/ahttps://www.sbmgroup.mu

SBM Holdings Ltd, together with its subsidiaries, provides various commercial banking and financial services to retail and corporate customers, and the government in Mauritius, Europe, the United States, the Asia Pacific, and Africa. The company offers savings accounts and term deposits; home, personal, and student loans; auto lease for cars; and prepaid, debit, and credit cards. It also provides corporate and institutional banking products and services comprising working capital finance and project finance, as well as finance for the acquisition and installation of renewable energy equipment.

SBM Holdings Fundamentals Summary

How do SBM Holdings's earnings and revenue compare to its market cap?
SBMH.N0000 fundamental statistics
Market CapMU₨10.74b
Earnings (TTM)MU₨1.36b
Revenue (TTM)MU₨8.23b

7.9x

P/E Ratio

0.4x

P/B Ratio

Is SBMH.N0000 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
SBMH.N0000 income statement (TTM)
RevenueMU₨8.23b
Cost of RevenueMU₨0
Gross ProfitMU₨8.23b
ExpensesMU₨6.87b
EarningsMU₨1.36b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.53
Gross Margin100.00%
Net Profit Margin16.55%
Debt/Equity Ratio92.9%

How did SBMH.N0000 perform over the long term?

See historical performance and comparison

Valuation

Is SBM Holdings undervalued compared to its fair value and its price relative to the market?

7.88x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate SBMH.N0000's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate SBMH.N0000's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: SBMH.N0000 is poor value based on its PE Ratio (7.9x) compared to the African Banks industry average (6.5x).

PE vs Market: SBMH.N0000 is good value based on its PE Ratio (7.9x) compared to the MU market (14.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate SBMH.N0000's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: SBMH.N0000 is good value based on its PB Ratio (0.4x) compared to the XF Banks industry average (0.9x).


Future Growth

How is SBM Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

19.2%

Forecasted Banks 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 SBM Holdings 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 SBM Holdings performed over the past 5 years?

-30.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SBMH.N0000 has high quality earnings.

Growing Profit Margin: SBMH.N0000 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: SBMH.N0000's earnings have declined by 30.7% per year over the past 5 years.

Accelerating Growth: SBMH.N0000 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: SBMH.N0000 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Banks industry (11%).


Return on Equity

High ROE: SBMH.N0000's Return on Equity (5.4%) is considered low.


Financial Health

How is SBM Holdings's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: SBMH.N0000's Assets to Equity ratio (12.9x) is moderate.

Allowance for Bad Loans: SBMH.N0000 has a low allowance for bad loans (84%).

Low Risk Liabilities: 89% of SBMH.N0000's liabilities are made up of primarily low risk sources of funding.

Loan Level: SBMH.N0000 has an appropriate level of Loans to Assets ratio (39%).

Low Risk Deposits: SBMH.N0000's Loans to Deposits ratio (47%) is appropriate.

Level of Bad Loans: SBMH.N0000 has a high level of bad loans (12.6%).


Dividend

What is SBM Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate SBMH.N0000's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate SBMH.N0000's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if SBMH.N0000's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SBMH.N0000's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: SBMH.N0000 is not paying a notable dividend for the MU market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of SBMH.N0000's dividend in 3 years as they are not forecast to pay a notable one for the MU market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.3yrs

Average management tenure


CEO

SBM Holdings has no CEO, or we have no data on them.


Leadership Team

Experienced Management: SBMH.N0000's management team is considered experienced (4.3 years average tenure).


Board Members

Experienced Board: SBMH.N0000's board of directors are not considered experienced ( 1.6 years average tenure), which suggests a new board.


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

SBM Holdings Ltd's employee growth, exchange listings and data sources


Key Information

  • Name: SBM Holdings Ltd
  • Ticker: SBMH.N0000
  • Exchange: MUSE
  • Founded: 1973
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: MU₨10.740b
  • Shares outstanding: 2.58b
  • Website: https://www.sbmgroup.mu

Location

  • SBM Holdings Ltd
  • SBM Tower
  • 1, Queen Elizabeth II Avenue
  • Port Louis
  • Mauritius

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/17 12:31
End of Day Share Price2021/10/15 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.