CIM Financial Services Ltd provides financial solutions to individual consumers, SMEs, and large corporates in Mauritius and internationally.
Price History & Performance
|Historical stock prices|
|Current Share Price||MU₨9.46|
|52 Week High||MU₨6.00|
|52 Week Low||MU₨9.46|
|1 Month Change||3.05%|
|3 Month Change||19.44%|
|1 Year Change||57.14%|
|3 Year Change||-1.87%|
|5 Year Change||33.62%|
|Change since IPO||72.00%|
Recent News & Updates
|CIM.N0000||MU Diversified Financial||MU Market|
Return vs Industry: CIM.N0000 exceeded the MU Diversified Financial industry which returned -4.3% over the past year.
Return vs Market: CIM.N0000 exceeded the MU Market which returned 14.7% over the past year.
Stable Share Price: CIM.N0000 is less volatile than 75% of MU stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: CIM.N0000's weekly volatility (2%) has been stable over the past year.
About the Company
|2005||800||Mark van Beuningen||https://www.cimfinance.mu|
CIM Financial Services Ltd provides financial solutions to individual consumers, SMEs, and large corporates in Mauritius and internationally. It operates through Finance and Investments segments. The company’s Finance segment provides consumer credit, leasing, credit card acquiring and issuing, factoring, and foreign exchange dealing services.
CIM Financial Services Fundamentals Summary
|CIM.N0000 fundamental statistics|
Is CIM.N0000 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CIM.N0000 income statement (TTM)|
|Cost of Revenue||-MU₨6.50m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.50|
|Net Profit Margin||21.75%|
How did CIM.N0000 perform over the long term?See historical performance and comparison
2.1%Current Dividend Yield
Is CIM Financial Services undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate CIM.N0000's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate CIM.N0000's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: CIM.N0000 is good value based on its PE Ratio (18.8x) compared to the MU Diversified Financial industry average (30.2x).
PE vs Market: CIM.N0000 is poor value based on its PE Ratio (18.8x) compared to the MU market (14.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CIM.N0000's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CIM.N0000 is overvalued based on its PB Ratio (1.4x) compared to the MU Diversified Financial industry average (1x).
How is CIM Financial Services forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 CIM Financial Services 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.
How has CIM Financial Services performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CIM.N0000 has high quality earnings.
Growing Profit Margin: CIM.N0000's current net profit margins (21.7%) are higher than last year (16.8%).
Past Earnings Growth Analysis
Earnings Trend: CIM.N0000's earnings have declined by 14.3% per year over the past 5 years.
Accelerating Growth: CIM.N0000's earnings growth over the past year (42.9%) exceeds its 5-year average (-14.3% per year).
Earnings vs Industry: CIM.N0000 earnings growth over the past year (42.9%) exceeded the Diversified Financial industry 32.9%.
Return on Equity
High ROE: CIM.N0000's Return on Equity (7.6%) is considered low.
How is CIM Financial Services's financial position?
Financial Position Analysis
Short Term Liabilities: CIM.N0000's short term assets (MUR14.9B) exceed its short term liabilities (MUR1.8B).
Long Term Liabilities: CIM.N0000's short term assets (MUR14.9B) exceed its long term liabilities (MUR10.0B).
Debt to Equity History and Analysis
Debt Level: CIM.N0000's debt to equity ratio (215.5%) is considered high.
Reducing Debt: CIM.N0000's debt to equity ratio has increased from 159% to 215.5% over the past 5 years.
Debt Coverage: CIM.N0000's debt is not well covered by operating cash flow (15.1%).
Interest Coverage: Insufficient data to determine if CIM.N0000's interest payments on its debt are well covered by EBIT.
What is CIM Financial Services's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CIM.N0000's dividend (2.11%) is higher than the bottom 25% of dividend payers in the MU market (2.05%).
High Dividend: CIM.N0000's dividend (2.11%) is low compared to the top 25% of dividend payers in the MU market (3.47%).
Stability and Growth of Payments
Stable Dividend: CIM.N0000 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: CIM.N0000 has only been paying a dividend for 9 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (19.9%), CIM.N0000's dividend payments are well 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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mark van Beuningen
Mr. Mark van Beuningen has been Managing Director of CIM Finance since 2016. He serves as Group Chief Executive Officer and Executive Director at Cim Financial Services Limited. He joined Cim Finance in Ja...
Experienced Management: CIM.N0000's management team is considered experienced (2.8 years average tenure).
Experienced Board: CIM.N0000's board of directors are considered experienced (4.5 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
CIM Financial Services Ltd's employee growth, exchange listings and data sources
- Name: CIM Financial Services Ltd
- Ticker: CIM.N0000
- Exchange: MUSE
- Founded: 2005
- Industry: Other Diversified Financial Services
- Sector: Diversified Financials
- Market Cap: MU₨6.438b
- Shares outstanding: 680.52m
- Website: https://www.cimfinance.mu
Number of Employees
- CIM Financial Services Ltd
- Manhattan Building
- 1st Floor
- Port Louis
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/24 12:30|
|End of Day Share Price||2021/10/22 00:00|
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.