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CIM.

CIM Financial ServicesMUSE:CIM.N0000 Stock Report

Market Cap

MU₨6.4b

7D

1.7%

1Y

57.1%

Updated

24 Oct, 2021

Data

Company Financials
CIM.N0000 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance4/6
Financial Health2/6
Dividends2/6

CIM.N0000 Overview

CIM Financial Services Ltd provides financial solutions to individual consumers, SMEs, and large corporates in Mauritius and internationally.

Price History & Performance

Summary of all time highs, changes and price drops for CIM Financial Services
Historical stock prices
Current Share PriceMU₨9.46
52 Week HighMU₨6.00
52 Week LowMU₨9.46
Beta0.063
1 Month Change3.05%
3 Month Change19.44%
1 Year Change57.14%
3 Year Change-1.87%
5 Year Change33.62%
Change since IPO72.00%

Recent News & Updates

Shareholder Returns

CIM.N0000MU Diversified FinancialMU Market
7D1.7%-0.01%0.7%
1Y57.1%-4.3%14.7%

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.

Price Volatility

Is CIM.N0000's price volatile compared to industry and market?
CIM.N0000 volatility
CIM.N0000 Beta0.063
Industry Beta0.67
Market Beta1

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

FoundedEmployeesCEOWebsite
2005800Mark van Beuningenhttps://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

How do CIM Financial Services's earnings and revenue compare to its market cap?
CIM.N0000 fundamental statistics
Market CapMU₨6.44b
Earnings (TTM)MU₨342.00m
Revenue (TTM)MU₨1.57b

18.8x

P/E Ratio

4.1x

P/S Ratio


Dividends

2.1%

Current Dividend Yield

20%

Payout Ratio

Valuation

Is CIM Financial Services undervalued compared to its fair value and its price relative to the market?

18.82x

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).


Future Growth

How is CIM Financial Services forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

16.8%

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 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.


Past Performance

How has CIM Financial Services performed over the past 5 years?

-14.3%

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.


Financial Health

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.


Balance Sheet


Dividend

What is CIM Financial Services's current dividend yield, its reliability and sustainability?

2.11%

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.


Next Steps

Management

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

2.8yrs

Average management tenure


CEO

Mark van Beuningen

no data

Tenure

MU₨19,151,106

Compensation

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...


Leadership Team

Experienced Management: CIM.N0000's management team is considered experienced (2.8 years average tenure).


Board Members

Experienced Board: CIM.N0000's board of directors are considered experienced (4.5 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

CIM Financial Services Ltd's employee growth, exchange listings and data sources


Key Information

  • 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


Location

  • CIM Financial Services Ltd
  • Manhattan Building
  • 1st Floor
  • Port Louis
  • 11302
  • Mauritius

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/24 12:30
End of Day Share Price2021/10/22 00:00
Earnings2021/06/30
Annual Earnings2020/09/30


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.