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FINC

Fincorp InvestmentMUSE:FINC.N0000 Stock Report

Market Cap

MU₨2.3b

7D

0%

1Y

49.5%

Updated

22 Oct, 2021

Data

Company Financials
FINC.N0000 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health3/6
Dividends3/6

FINC.N0000 Overview

Fincorp Investment Ltd. operates as a subsidiary of Mauritius Commercial Bank Ltd.

Price History & Performance

Summary of all time highs, changes and price drops for Fincorp Investment
Historical stock prices
Current Share PriceMU₨22.50
52 Week HighMU₨15.05
52 Week LowMU₨23.00
Beta0.39
1 Month Change18.42%
3 Month Change7.14%
1 Year Change49.50%
3 Year Change-8.16%
5 Year Change12.22%
Change since IPO-23.30%

Recent News & Updates

Shareholder Returns

FINC.N0000MU Diversified FinancialMU Market
7D0%-0.06%0.2%
1Y49.5%-4.3%14.4%

Return vs Industry: FINC.N0000 exceeded the MU Diversified Financial industry which returned -4.3% over the past year.

Return vs Market: FINC.N0000 exceeded the MU Market which returned 14.4% over the past year.

Price Volatility

Is FINC.N0000's price volatile compared to industry and market?
FINC.N0000 volatility
FINC.N0000 Beta0.39
Industry Beta0.67
Market Beta1

Stable Share Price: FINC.N0000 is more volatile than 90% of MU stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: FINC.N0000's weekly volatility (6%) has been stable over the past year, but is still higher than 75% of MU stocks.

About the Company

FoundedEmployeesCEOWebsite
n/an/an/a

Fincorp Investment Ltd. operates as a subsidiary of Mauritius Commercial Bank Ltd.

Fincorp Investment Fundamentals Summary

How do Fincorp Investment's earnings and revenue compare to its market cap?
FINC.N0000 fundamental statistics
Market CapMU₨2.33b
Earnings (TTM)MU₨164.32m
Revenue (TTM)MU₨363.24m

14.2x

P/E Ratio

6.4x

P/S Ratio

Is FINC.N0000 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
FINC.N0000 income statement (TTM)
RevenueMU₨363.24m
Cost of RevenueMU₨231.58m
Gross ProfitMU₨131.67m
Expenses-MU₨32.65m
EarningsMU₨164.32m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)1.59
Gross Margin36.25%
Net Profit Margin45.24%
Debt/Equity Ratio17.9%

How did FINC.N0000 perform over the long term?

See historical performance and comparison

Dividends

2.7%

Current Dividend Yield

38%

Payout Ratio

Does FINC.N0000 pay a reliable dividends?

See FINC.N0000 dividend history and benchmarks
When do you need to buy FINC.N0000 by to receive an upcoming dividend?
Fincorp Investment dividend dates
Ex Dividend DateNov 22 2021
Dividend Pay DateDec 22 2021
Days until Ex dividend30 days
Days until Dividend pay date60 days

Does FINC.N0000 pay a reliable dividends?

See FINC.N0000 dividend history and benchmarks

Valuation

Is Fincorp Investment undervalued compared to its fair value and its price relative to the market?

14.15x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: FINC.N0000 is good value based on its PE Ratio (14.2x) compared to the MU Diversified Financial industry average (30.1x).

PE vs Market: FINC.N0000's PE Ratio (14.2x) is in line with the MU market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: FINC.N0000 is good value based on its PB Ratio (0.4x) compared to the MU Diversified Financial industry average (1x).


Future Growth

How is Fincorp Investment 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 Fincorp Investment 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 Fincorp Investment performed over the past 5 years?

-41.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FINC.N0000 has high quality earnings.

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


Past Earnings Growth Analysis

Earnings Trend: FINC.N0000's earnings have declined by 41.7% per year over the past 5 years.

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

Earnings vs Industry: FINC.N0000 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Diversified Financial industry (32.9%).


Return on Equity

High ROE: FINC.N0000's Return on Equity (2.5%) is considered low.


Financial Health

How is Fincorp Investment's financial position?


Financial Position Analysis

Short Term Liabilities: FINC.N0000's short term assets (MUR3.6B) exceed its short term liabilities (MUR3.4B).

Long Term Liabilities: FINC.N0000's short term assets (MUR3.6B) exceed its long term liabilities (MUR1.3B).


Debt to Equity History and Analysis

Debt Level: FINC.N0000's debt to equity ratio (17.9%) is considered satisfactory.

Reducing Debt: FINC.N0000's debt to equity ratio has increased from 16.3% to 17.9% over the past 5 years.

Debt Coverage: FINC.N0000's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if FINC.N0000's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is Fincorp Investment current dividend yield, its reliability and sustainability?

2.67%

Current Dividend Yield


Upcoming Dividend Payment

TodayOct 22 2021Ex Dividend DateNov 22 2021Dividend Pay DateDec 22 202130 days from Ex DividendBuy in the next 30 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: FINC.N0000's dividend (2.67%) is higher than the bottom 25% of dividend payers in the MU market (2.05%).

High Dividend: FINC.N0000's dividend (2.67%) is low compared to the top 25% of dividend payers in the MU market (3.53%).


Stability and Growth of Payments

Stable Dividend: FINC.N0000's dividend payments have been volatile in the past 10 years.

Growing Dividend: FINC.N0000's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (37.7%), FINC.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?

6.8yrs

Average board tenure


CEO

Fincorp Investment has no CEO, or we have no data on them.


Board Members

Experienced Board: FINC.N0000's board of directors are considered experienced (6.8 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

Fincorp Investment Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Fincorp Investment Ltd.
  • Ticker: FINC.N0000
  • Exchange: MUSE
  • Founded: NaN
  • Industry: Specialized Finance
  • Sector: Diversified Financials
  • Market Cap: MU₨2.325b
  • Shares outstanding: 103.36m

Location

  • Fincorp Investment Ltd.
  • 9-15 Sir William Newton Street
  • 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 Analysis2021/10/22 15:41
End of Day Share Price2021/10/22 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.