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SWAN

Swan GeneralMUSE:SWAN.N0000 Stock Report

Market Cap

MU₨3.1b

7D

0%

1Y

24.6%

Updated

22 Oct, 2021

Data

Company Financials
SWAN.N0000 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance2/6
Financial Health5/6
Dividends5/6

SWAN.N0000 Overview

Swan General Ltd provides short- and long-term insurance products to individual and corporate clients in Mauritius.

Price History & Performance

Summary of all time highs, changes and price drops for Swan General
Historical stock prices
Current Share PriceMU₨375.00
52 Week HighMU₨295.00
52 Week LowMU₨375.00
Beta0.20
1 Month Change0.67%
3 Month Change19.05%
1 Year Change24.59%
3 Year Change9.33%
5 Year Change24.59%
Change since IPO1,162.63%

Recent News & Updates

Shareholder Returns

SWAN.N0000MU InsuranceMU Market
7D0%-0.4%0.2%
1Y24.6%25.3%14.4%

Return vs Industry: SWAN.N0000 matched the MU Insurance industry which returned 25.3% over the past year.

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

Price Volatility

Is SWAN.N0000's price volatile compared to industry and market?
SWAN.N0000 volatility
SWAN.N0000 Beta0.20
Industry Beta0.81
Market Beta1

Stable Share Price: SWAN.N0000 is not significantly more volatile than the rest of MU stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: SWAN.N0000's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1854n/aJ. M. Rivallandhttps://www.swanforlife.com

Swan General Ltd provides short- and long-term insurance products to individual and corporate clients in Mauritius. It operates through Life and General segments. The company offers life, car, home, health, travel, boat, property and liability, financial lines, motor fleet, marine, and keyman and partnership insurance products, as well as reinsurance services.

Swan General Fundamentals Summary

How do Swan General's earnings and revenue compare to its market cap?
SWAN.N0000 fundamental statistics
Market CapMU₨3.10b
Earnings (TTM)MU₨530.67m
Revenue (TTM)MU₨10.02b

5.8x

P/E Ratio

0.3x

P/S Ratio

Is SWAN.N0000 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
SWAN.N0000 income statement (TTM)
RevenueMU₨10.02b
Cost of RevenueMU₨6.20b
Gross ProfitMU₨3.82b
ExpensesMU₨3.29b
EarningsMU₨530.67m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)64.12
Gross Margin38.13%
Net Profit Margin5.30%
Debt/Equity Ratio0.0%

How did SWAN.N0000 perform over the long term?

See historical performance and comparison

Dividends

3.8%

Current Dividend Yield

22%

Payout Ratio

Valuation

Is Swan General 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: SWAN.N0000 (MUR375) is trading below our estimate of fair value (MUR862.68)

Significantly Below Fair Value: SWAN.N0000 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: SWAN.N0000 is good value based on its PE Ratio (5.8x) compared to the African Insurance industry average (7.4x).

PE vs Market: SWAN.N0000 is good value based on its PE Ratio (5.8x) compared to the MU market (14.2x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: SWAN.N0000 is good value based on its PB Ratio (0.7x) compared to the XF Insurance industry average (1x).


Future Growth

How is Swan General 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 General 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 General performed over the past 5 years?

27.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SWAN.N0000 has high quality earnings.

Growing Profit Margin: SWAN.N0000's current net profit margins (5.3%) are lower than last year (10.7%).


Past Earnings Growth Analysis

Earnings Trend: SWAN.N0000's earnings have grown significantly by 27% per year over the past 5 years.

Accelerating Growth: SWAN.N0000's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: SWAN.N0000 had negative earnings growth (-32.5%) over the past year, making it difficult to compare to the Insurance industry average (18.2%).


Return on Equity

High ROE: SWAN.N0000's Return on Equity (13.2%) is considered low.


Financial Health

How is Swan General's financial position?


Financial Position Analysis

Short Term Liabilities: SWAN.N0000's short term assets (MUR10.0B) exceed its short term liabilities (MUR1.0B).

Long Term Liabilities: SWAN.N0000's short term assets (MUR10.0B) do not cover its long term liabilities (MUR53.1B).


Debt to Equity History and Analysis

Debt Level: SWAN.N0000 is debt free.

Reducing Debt: SWAN.N0000 had no debt 5 years ago.

Debt Coverage: SWAN.N0000 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: SWAN.N0000 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

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

3.84%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: SWAN.N0000's dividend (3.84%) is higher than the bottom 25% of dividend payers in the MU market (2.05%).

High Dividend: SWAN.N0000's dividend (3.84%) is in the top 25% of dividend payers in the MU market (3.53%)


Stability and Growth of Payments

Stable Dividend: SWAN.N0000's dividends per share have been stable in the past 10 years.

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


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (22.5%), SWAN.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?

4.0yrs

Average management tenure


CEO

J. M. Rivalland (50 yo)

14.75yrs

Tenure

MU₨5,682,000

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: SWAN.N0000's management team is considered experienced (4 years average tenure).


Board Members

Experienced Board: SWAN.N0000's board of directors are considered experienced (9.3 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

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


Key Information

  • Name: Swan General Ltd
  • Ticker: SWAN.N0000
  • Exchange: MUSE
  • Founded: 1854
  • Industry: Multi-line Insurance
  • Sector: Insurance
  • Market Cap: MU₨3.103b
  • Shares outstanding: 8.28m
  • Website: https://www.swanforlife.com

Location

  • Swan General 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 Analysis2021/10/22 12:31
End of Day Share Price2021/10/21 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.