company background image
ANGM

Swan LifeMUSE:ANGM.I0000 Stock Report

Market Cap

MU₨3.3b

7D

0%

1Y

-7.6%

Updated

25 Oct, 2021

Data

Company Financials
ANGM.I0000 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance5/6
Financial Health3/6
Dividends3/6

ANGM.I0000 Overview

Swan Life Ltd, together with its subsidiaries, engages in life assurance, pensions, actuarial, and investment businesses in Mauritius.

Price History & Performance

Summary of all time highs, changes and price drops for Swan Life
Historical stock prices
Current Share PriceMU₨1,270.00
52 Week HighMU₨1,200.00
52 Week LowMU₨1,495.00
Beta0.19
1 Month Change0.79%
3 Month Change-12.41%
1 Year Change-7.64%
3 Year Change2.42%
5 Year Change9.96%
Change since IPO1,571.05%

Recent News & Updates

Shareholder Returns

ANGM.I0000MU InsuranceMU Market
7D0%0.4%0.7%
1Y-7.6%19.2%14.7%

Return vs Industry: ANGM.I0000 underperformed the MU Insurance industry which returned 19.2% over the past year.

Return vs Market: ANGM.I0000 underperformed the MU Market which returned 14.7% over the past year.

Price Volatility

Is ANGM.I0000's price volatile compared to industry and market?
ANGM.I0000 volatility
ANGM.I0000 Beta0.19
Industry Beta0.81
Market Beta1

Stable Share Price: ANGM.I0000 is more volatile than 75% of MU stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: ANGM.I0000's weekly volatility (5%) has been stable over the past year, but is still higher than 75% of MU stocks.

About the Company

FoundedEmployeesCEOWebsite
1855n/aJ. M. Rivallandhttps://www.swanforlife.com

Swan Life Ltd, together with its subsidiaries, engages in life assurance, pensions, actuarial, and investment businesses in Mauritius. It offers life, car, home, health, travel, and boat insurance products; education and retirement plans; personal and other loans; and investment plans, wealth management, and securities services for individuals. The company also provides property and liability, financial lines, motor fleet, marine, health, keyman and partnership, and life insurance products; retirement solutions; business loans; and wealth management and securities services for corporate clients.

Swan Life Fundamentals Summary

How do Swan Life's earnings and revenue compare to its market cap?
ANGM.I0000 fundamental statistics
Market CapMU₨3.34b
Earnings (TTM)MU₨514.22m
Revenue (TTM)MU₨5.02b

6.5x

P/E Ratio

0.7x

P/S Ratio

Is ANGM.I0000 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
ANGM.I0000 income statement (TTM)
RevenueMU₨5.02b
Cost of RevenueMU₨4.44b
Gross ProfitMU₨579.53m
ExpensesMU₨65.31m
EarningsMU₨514.22m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)195.36
Gross Margin11.55%
Net Profit Margin10.25%
Debt/Equity Ratio2.9%

How did ANGM.I0000 perform over the long term?

See historical performance and comparison

Dividends

4.7%

Current Dividend Yield

30%

Payout Ratio

Valuation

Is Swan Life 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: ANGM.I0000 (MUR1270) is trading below our estimate of fair value (MUR13398.14)

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


Price To Earnings Ratio

PE vs Industry: ANGM.I0000 is good value based on its PE Ratio (6.5x) compared to the African Insurance industry average (7.5x).

PE vs Market: ANGM.I0000 is good value based on its PE Ratio (6.5x) compared to the MU market (14.3x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: ANGM.I0000 is overvalued based on its PB Ratio (1.9x) compared to the XF Insurance industry average (0.9x).


Future Growth

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

27.0%

Forecasted Insurance 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 Swan Life 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 Swan Life performed over the past 5 years?

-15.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ANGM.I0000 has high quality earnings.

Growing Profit Margin: ANGM.I0000's current net profit margins (10.3%) are higher than last year (6.2%).


Past Earnings Growth Analysis

Earnings Trend: ANGM.I0000's earnings have declined by 15.8% per year over the past 5 years.

Accelerating Growth: ANGM.I0000's earnings growth over the past year (18.2%) exceeds its 5-year average (-15.8% per year).

Earnings vs Industry: ANGM.I0000 earnings growth over the past year (18.2%) exceeded the Insurance industry 18.2%.


Return on Equity

High ROE: ANGM.I0000's Return on Equity (28%) is considered high.


Financial Health

How is Swan Life's financial position?


Financial Position Analysis

Short Term Liabilities: ANGM.I0000's short term assets (MUR7.3B) exceed its short term liabilities (MUR592.3M).

Long Term Liabilities: ANGM.I0000's short term assets (MUR7.3B) do not cover its long term liabilities (MUR50.4B).


Debt to Equity History and Analysis

Debt Level: ANGM.I0000's debt to equity ratio (2.9%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if ANGM.I0000's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: ANGM.I0000's debt is well covered by operating cash flow (3441.6%).

Interest Coverage: Insufficient data to determine if ANGM.I0000's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is Swan Life current dividend yield, its reliability and sustainability?

4.68%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ANGM.I0000's dividend (4.68%) is higher than the bottom 25% of dividend payers in the MU market (2.05%).

High Dividend: ANGM.I0000's dividend (4.68%) is in the top 25% of dividend payers in the MU market (3.47%)


Stability and Growth of Payments

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

Growing Dividend: ANGM.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 (30.4%), ANGM.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?

3.5yrs

Average management tenure


CEO

J. M. Rivalland (50 yo)

no data

Tenure

MU₨7,117,000

Compensation

Mr. J. M. Louis Rivalland, B.Sc. (Hons.) (S.A.) F.I.A. (U.K.) F.A.S. (S.A.), has been the Group Chief Executive at Swan Life Ltd (also known as The Anglo-Mauritius Assurance Society Limited) of Swan Group...


Leadership Team

Experienced Management: ANGM.I0000's management team is considered experienced (3.5 years average tenure).


Board Members

Experienced Board: ANGM.I0000's board of directors are considered experienced (9.2 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

Swan Life Ltd's employee growth, exchange listings and data sources


Key Information

  • Name: Swan Life Ltd
  • Ticker: ANGM.I0000
  • Exchange: MUSE
  • Founded: 1855
  • Industry: Life and Health Insurance
  • Sector: Insurance
  • Market Cap: MU₨3.343b
  • Shares outstanding: 2.63m
  • Website: https://www.swanforlife.com

Location

  • Swan Life Ltd
  • Swan Centre
  • 10 Intendance 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 Analysis2021/10/25 16:50
End of Day Share Price2021/10/25 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.