FirstRand Namibia Limited provides banking, insurance, and investment products and services to retail, commercial, corporate, and public sector customers in Namibia.
Price History & Performance
|Historical stock prices|
|Current Share Price||R29.02|
|52 Week High||R23.00|
|52 Week Low||R30.51|
|1 Month Change||-3.23%|
|3 Month Change||0.034%|
|1 Year Change||25.74%|
|3 Year Change||-33.58%|
|5 Year Change||-39.53%|
|Change since IPO||101.39%|
Recent News & Updates
|FNB||NA Banks||NA Market|
Return vs Industry: FNB exceeded the NA Banks industry which returned 23.5% over the past year.
Return vs Market: FNB exceeded the NA Market which returned -1.6% over the past year.
Stable Share Price: Insufficient data to determine FNB's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine FNB's volatility change over the past year.
About the Company
FirstRand Namibia Limited provides banking, insurance, and investment products and services to retail, commercial, corporate, and public sector customers in Namibia. The company offers savings and investment products, including notice, fixed deposits, and call accounts, as well as unit trust accounts. It also provides home, personal, student, vehicle finance, and renewable energy loans, as well as loans for individuals and employers; and vehicle and property financing services to businesses.
FirstRand Namibia Fundamentals Summary
|FNB fundamental statistics|
Is FNB overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|FNB income statement (TTM)|
|Cost of Revenue||N$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||3.90|
|Net Profit Margin||27.95%|
How did FNB perform over the long term?See historical performance and comparison
7.3%Current Dividend Yield
Is FirstRand Namibia undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: FNB (ZAR29.02) is trading below our estimate of fair value (ZAR34.72)
Significantly Below Fair Value: FNB is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: FNB is poor value based on its PE Ratio (7.4x) compared to the African Banks industry average (6.7x).
PE vs Market: FNB's PE Ratio (7.4x) is in line with the NA market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate FNB's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: FNB is overvalued based on its PB Ratio (1.4x) compared to the XF Banks industry average (0.9x).
How is FirstRand Namibia forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Banks 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 FirstRand Namibia 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 FirstRand Namibia performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FNB has high quality earnings.
Growing Profit Margin: FNB's current net profit margins (28%) are higher than last year (23.8%).
Past Earnings Growth Analysis
Earnings Trend: FNB's earnings have declined by 5.9% per year over the past 5 years.
Accelerating Growth: FNB's earnings growth over the past year (24.7%) exceeds its 5-year average (-5.9% per year).
Earnings vs Industry: FNB earnings growth over the past year (24.7%) exceeded the Banks industry 11%.
Return on Equity
High ROE: FNB's Return on Equity (18.3%) is considered low.
How is FirstRand Namibia's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: FNB's Assets to Equity ratio (7.7x) is low.
Allowance for Bad Loans: FNB has a low allowance for bad loans (83%).
Low Risk Liabilities: 93% of FNB's liabilities are made up of primarily low risk sources of funding.
Loan Level: FNB has an appropriate level of Loans to Assets ratio (70%).
Low Risk Deposits: FNB's Loans to Deposits ratio (86%) is appropriate.
Level of Bad Loans: FNB has a high level of bad loans (5.2%).
What is FirstRand Namibia current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: FNB's dividend (7.3%) is higher than the bottom 25% of dividend payers in the NA market (3.29%).
High Dividend: FNB's dividend (7.3%) is low compared to the top 25% of dividend payers in the NA market (7.9%).
Stability and Growth of Payments
Stable Dividend: FNB's dividend payments have been volatile in the past 10 years.
Growing Dividend: FNB's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (54.2%), FNB's dividend payments are 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 management tenure
Conrad Dempsey (45 yo)
Mr. Conrad Dempsey serves as Chief Executive Officer and Director at FirstRand Namibia Ltd. since October 1, 2020. He serves as Chief Executive Officer and Director at First National Bank of Namibia Limite...
CEO Compensation Analysis
Compensation vs Market: Conrad's total compensation ($USD311.34) is below average for companies of similar size in the NA market ($USD708.99K).
Compensation vs Earnings: Insufficient data to compare Conrad's compensation with company performance.
Experienced Management: FNB's management team is seasoned and experienced (7.3 years average tenure).
Experienced Board: FNB's board of directors are considered experienced (4.6 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.
FirstRand Namibia Limited's employee growth, exchange listings and data sources
- Name: FirstRand Namibia Limited
- Ticker: FNB
- Exchange: NMSE
- Founded: NaN
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: R7.605b
- Shares outstanding: 262.05m
- Website: https://www.fnbnamibia.com.na
Number of Employees
- FirstRand Namibia Limited
- 130 Independence Avenue
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/25 21:39|
|End of Day Share Price||2021/10/25 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.