company background image
PHIN

Phoenix InvestmentMUSE:PHIN.I0000 Stock Report

Market Cap

MU₨2.3b

7D

0.1%

1Y

8.1%

Updated

21 Oct, 2021

Data

Company Financials
PHIN.I0000 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends2/6

PHIN.I0000 Overview

Phoenix Investment Company Limited, an investment holding company, engages in brewing, bottling, and sale of beer in Mauritius and internationally.

Price History & Performance

Summary of all time highs, changes and price drops for Phoenix Investment
Historical stock prices
Current Share PriceMU₨400.00
52 Week HighMU₨370.00
52 Week LowMU₨425.00
Beta0.16
1 Month Change2.56%
3 Month Change3.36%
1 Year Change8.11%
3 Year Change-3.61%
5 Year Change47.06%
Change since IPO607.97%

Recent News & Updates

Shareholder Returns

PHIN.I0000MU BeverageMU Market
7D0.1%0.4%0.2%
1Y8.1%22.1%14.4%

Return vs Industry: PHIN.I0000 underperformed the MU Beverage industry which returned 21.5% over the past year.

Return vs Market: PHIN.I0000 underperformed the MU Market which returned 14.2% over the past year.

Price Volatility

Is PHIN.I0000's price volatile compared to industry and market?
PHIN.I0000 volatility
PHIN.I0000 Beta0.16
Industry Beta0.68
Market Beta1

Stable Share Price: PHIN.I0000 is less volatile than 75% of MU stocks over the past 3 months, typically moving +/- 1% a week.

Volatility Over Time: PHIN.I0000's weekly volatility (1%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1961n/aBernard Theyshttps://phoenixbev.mu/index.php/en/picl-160

Phoenix Investment Company Limited, an investment holding company, engages in brewing, bottling, and sale of beer in Mauritius and internationally. It is also involved in the sale of table water and alternative beverages; and production and sale of glass-made products. The company was incorporated in 1961 and is based in Phoenix, Mauritius.

Phoenix Investment Fundamentals Summary

How do Phoenix Investment's earnings and revenue compare to its market cap?
PHIN.I0000 fundamental statistics
Market CapMU₨2.27b
Earnings (TTM)MU₨162.58m
Revenue (TTM)MU₨7.87b

14.0x

P/E Ratio

0.3x

P/S Ratio

Is PHIN.I0000 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
PHIN.I0000 income statement (TTM)
RevenueMU₨7.87b
Cost of RevenueMU₨7.23b
Gross ProfitMU₨638.42m
ExpensesMU₨475.84m
EarningsMU₨162.58m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)28.60
Gross Margin8.11%
Net Profit Margin2.07%
Debt/Equity Ratio0.0%

How did PHIN.I0000 perform over the long term?

See historical performance and comparison

Dividends

2.8%

Current Dividend Yield

39%

Payout Ratio

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: PHIN.I0000 (MUR400) is trading below our estimate of fair value (MUR3875.86)

Significantly Below Fair Value: PHIN.I0000 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: PHIN.I0000 is good value based on its PE Ratio (14x) compared to the African Beverage industry average (27.6x).

PE vs Market: PHIN.I0000 is good value based on its PE Ratio (14x) compared to the MU market (14.2x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate PHIN.I0000's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: PHIN.I0000 is good value based on its PB Ratio (1.5x) compared to the XF Beverage industry average (2.4x).


Future Growth

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

21.9%

Forecasted Food, Beverage & Tobacco 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 Phoenix 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 Phoenix Investment performed over the past 5 years?

9.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PHIN.I0000 has high quality earnings.

Growing Profit Margin: PHIN.I0000's current net profit margins (2.1%) are higher than last year (1.8%).


Past Earnings Growth Analysis

Earnings Trend: PHIN.I0000's earnings have grown by 9.2% per year over the past 5 years.

Accelerating Growth: PHIN.I0000's earnings growth over the past year (20.1%) exceeds its 5-year average (9.2% per year).

Earnings vs Industry: PHIN.I0000 earnings growth over the past year (20.1%) exceeded the Beverage industry 19.7%.


Return on Equity

High ROE: PHIN.I0000's Return on Equity (10.4%) is considered low.


Financial Health

How is Phoenix Investment's financial position?


Financial Position Analysis

Short Term Liabilities: PHIN.I0000's short term assets (MUR2.2B) exceed its short term liabilities (MUR1.5B).

Long Term Liabilities: PHIN.I0000's short term assets (MUR2.2B) exceed its long term liabilities (MUR1.1B).


Debt to Equity History and Analysis

Debt Level: PHIN.I0000 is debt free.

Reducing Debt: PHIN.I0000 had no debt 5 years ago.

Debt Coverage: PHIN.I0000 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: PHIN.I0000 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

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

2.76%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: PHIN.I0000's dividend (2.76%) is higher than the bottom 25% of dividend payers in the MU market (2.06%).

High Dividend: PHIN.I0000's dividend (2.76%) is low compared to the top 25% of dividend payers in the MU market (3.53%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, PHIN.I0000 has been paying a dividend for less than 10 years.

Growing Dividend: PHIN.I0000's dividend payments have increased, but the company has only paid a dividend for 6 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (38.6%), PHIN.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.


Next Steps

Management

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

5.3yrs

Average board tenure


CEO

Bernard Theys (56 yo)

no data

Tenure

Mr. Bernard Theys serves as Chief Executive Officer of Phoenix Beverages Limited and Phoenix Investment Company Limited. Mr. Theys served different General Management roles in the Brewery industry where he...


Board Members

Experienced Board: PHIN.I0000's board of directors are considered experienced (5.3 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

Phoenix Investment Company Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Phoenix Investment Company Limited
  • Ticker: PHIN.I0000
  • Exchange: MUSE
  • Founded: 1961
  • Industry: Brewers
  • Sector: Food, Beverage & Tobacco
  • Market Cap: MU₨2.274b
  • Shares outstanding: 5.69m
  • Website: https://phoenixbev.mu/index.php/en/picl-160

Location

  • Phoenix Investment Company Limited
  • Pont Fer
  • Phoenix
  • Mauritius

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/21 20:59
End of Day Share Price2021/10/21 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.