The Bee Equity Partners Ltd, formerly known as Forward Investment and Development Enterprises Limited is a venture capital firm specializing in direct investment and fund of fund investment.
Price History & Performance
|Historical stock prices|
|Current Share Price||MU₨29.00|
|52 Week High||MU₨21.00|
|52 Week Low||MU₨32.95|
|1 Month Change||1.75%|
|3 Month Change||-3.97%|
|1 Year Change||34.88%|
|3 Year Change||-25.64%|
|5 Year Change||92.05%|
|Change since IPO||1,511.11%|
Recent News & Updates
|FIDE.I0000||MU Capital Markets||MU Market|
Return vs Industry: FIDE.I0000 exceeded the MU Capital Markets industry which returned 12.2% over the past year.
Return vs Market: FIDE.I0000 exceeded the MU Market which returned 13.9% over the past year.
Stable Share Price: FIDE.I0000 is not significantly more volatile than the rest of MU stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: FIDE.I0000's weekly volatility (4%) has been stable over the past year.
About the Company
The Bee Equity Partners Ltd, formerly known as Forward Investment and Development Enterprises Limited is a venture capital firm specializing in direct investment and fund of fund investment. Within direct, it invests in secondary direct, seed, startup, early venture, mid venture, small and medium enterprise investments. Within fund of fund it invests in venture capital funds.
Bee Equity Partners Fundamentals Summary
|FIDE.I0000 fundamental statistics|
Is FIDE.I0000 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|FIDE.I0000 income statement (TTM)|
|Cost of Revenue||MU₨0|
Last Reported Earnings
Mar 31, 2021
Next Earnings Date
|Earnings per share (EPS)||2.83|
|Net Profit Margin||25.56%|
How did FIDE.I0000 perform over the long term?See historical performance and comparison
2.9%Current Dividend Yield
Is Bee Equity Partners 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 FIDE.I0000's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate FIDE.I0000's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: FIDE.I0000 is poor value based on its PE Ratio (10.2x) compared to the MU Capital Markets industry average (5x).
PE vs Market: FIDE.I0000 is good value based on its PE Ratio (10.2x) compared to the MU market (14.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate FIDE.I0000's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: FIDE.I0000 is good value based on its PB Ratio (0.5x) compared to the MU Capital Markets industry average (0.7x).
How is Bee Equity Partners 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 Bee Equity Partners 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 Bee Equity Partners performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FIDE.I0000 has a large one-off loss of MUR54.7M impacting its March 31 2021 financial results.
Growing Profit Margin: FIDE.I0000 became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: FIDE.I0000's earnings have declined by 75.2% per year over the past 5 years.
Accelerating Growth: FIDE.I0000 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: FIDE.I0000 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (34.1%).
Return on Equity
High ROE: FIDE.I0000's Return on Equity (4.8%) is considered low.
How is Bee Equity Partners's financial position?
Financial Position Analysis
Short Term Liabilities: FIDE.I0000's short term assets (MUR142.8M) exceed its short term liabilities (MUR7.1M).
Long Term Liabilities: FIDE.I0000's short term assets (MUR142.8M) exceed its long term liabilities (MUR5.9M).
Debt to Equity History and Analysis
Debt Level: FIDE.I0000 is debt free.
Reducing Debt: FIDE.I0000 has no debt compared to 5 years ago when its debt to equity ratio was 0.01%.
Debt Coverage: FIDE.I0000 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: FIDE.I0000 has no debt, therefore coverage of interest payments is not a concern.
What is Bee Equity Partners's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: FIDE.I0000's dividend (2.93%) is higher than the bottom 25% of dividend payers in the MU market (2.11%).
High Dividend: FIDE.I0000's dividend (2.93%) is low compared to the top 25% of dividend payers in the MU market (3.69%).
Stability and Growth of Payments
Stable Dividend: FIDE.I0000 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: FIDE.I0000's dividend payments have increased, but the company has only paid a dividend for 3 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (17.5%), FIDE.I0000'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 board tenure
Mr. Olivier Fayolle has been an Executive Director at The Bee Equity Partners Ltd. since May 09, 2016 and its Chief Executive Officer. Before joining The Bee Equity Partners Ltd in April 15, 2016, he worke...
Experienced Board: FIDE.I0000's board of directors are considered experienced (3.8 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.
The Bee Equity Partners Ltd's employee growth, exchange listings and data sources
- Name: The Bee Equity Partners Ltd
- Ticker: FIDE.I0000
- Exchange: MUSE
- Founded: 1974
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: MU₨255.807m
- Shares outstanding: 8.82m
- Website: https://www.thebee.mu
- The Bee Equity Partners Ltd
- IBL House
- First Floor
- Port Louis
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/17 12:31|
|End of Day Share Price||2021/10/15 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.