SBN Holdings Limited, through its subsidiary, Standard Bank Namibia provides banking and financial services in Namibia.
Price History & Performance
|Historical stock prices|
|Current Share Price||R6.45|
|52 Week High||R6.45|
|52 Week Low||R8.45|
|1 Month Change||-0.46%|
|3 Month Change||-0.62%|
|1 Year Change||-6.66%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-28.33%|
Recent News & Updates
|SNO||NA Banks||NA Market|
Return vs Industry: SNO underperformed the NA Banks industry which returned 29.1% over the past year.
Return vs Market: SNO underperformed the NA Market which returned -2% over the past year.
Stable Share Price: Insufficient data to determine SNO's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine SNO's volatility change over the past year.
About the Company
SBN Holdings Limited, through its subsidiary, Standard Bank Namibia provides banking and financial services in Namibia. The company offers banking and other financial services to individual customers and small to medium-sized enterprises, such as mortgage lending, instalment sale and finance leases, cards, transactional products, lending products, and wealth and investment products. It also offers corporate and investment banking services, including global markets, transactional products and services, and investment banking services to branches of government, parastatals, larger corporates, financial institutions, and international counterparties.
SBN Holdings Fundamentals Summary
|SNO fundamental statistics|
Is SNO overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|SNO income statement (TTM)|
|Cost of Revenue||N$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.73|
|Net Profit Margin||18.27%|
How did SNO perform over the long term?See historical performance and comparison
4.3%Current Dividend Yield
Is SBN Holdings undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: SNO (ZAR6.45) is trading above our estimate of fair value (ZAR5.15)
Significantly Below Fair Value: SNO is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SNO is poor value based on its PE Ratio (8.8x) compared to the African Banks industry average (6.5x).
PE vs Market: SNO is poor value based on its PE Ratio (8.8x) compared to the NA market (7.4x).
Price to Earnings Growth Ratio
PEG Ratio: SNO is poor value based on its PEG Ratio (1x)
Price to Book Ratio
PB vs Industry: SNO is good value based on its PB Ratio (0.8x) compared to the XF Banks industry average (0.9x).
How is SBN Holdings forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SNO's forecast earnings growth (8.5% per year) is below the savings rate (9.1%).
Earnings vs Market: SNO's earnings (8.5% per year) are forecast to grow slower than the NA market (12.7% per year).
High Growth Earnings: SNO's earnings are forecast to grow, but not significantly.
Revenue vs Market: SNO's revenue (5.3% per year) is forecast to grow slower than the NA market (6.9% per year).
High Growth Revenue: SNO's revenue (5.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if SNO's Return on Equity is forecast to be high in 3 years time
How has SBN Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SNO has high quality earnings.
Growing Profit Margin: SNO's current net profit margins (18.3%) are lower than last year (23.9%).
Past Earnings Growth Analysis
Earnings Trend: SNO's earnings have declined by 5.1% per year over the past 5 years.
Accelerating Growth: SNO's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SNO had negative earnings growth (-31.4%) over the past year, making it difficult to compare to the Banks industry average (11%).
Return on Equity
High ROE: SNO's Return on Equity (8.9%) is considered low.
How is SBN Holdings'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: SNO's Assets to Equity ratio (7.7x) is low.
Allowance for Bad Loans: SNO has a low allowance for bad loans (41%).
Low Risk Liabilities: 90% of SNO's liabilities are made up of primarily low risk sources of funding.
Loan Level: SNO has an appropriate level of Loans to Assets ratio (72%).
Low Risk Deposits: SNO's Loans to Deposits ratio (92%) is appropriate.
Level of Bad Loans: SNO has a high level of bad loans (8.3%).
What is SBN Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SNO's dividend (4.33%) is higher than the bottom 25% of dividend payers in the NA market (3.28%).
High Dividend: SNO's dividend (4.33%) is low compared to the top 25% of dividend payers in the NA market (7.86%).
Stability and Growth of Payments
Stable Dividend: SNO has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: SNO's dividend payments have increased, but the company has only paid a dividend for 2 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (41.3%), SNO'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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ms. Mercia Geises, BJuris, LLB, LLM, MBA, has been a Head of Personal and Business Banking since 2016 at Standard Bank Namibia Ltd. She has been the Chief Executive Officer at SBN Holdings Ltd. since May 1...
Experienced Management: SNO's management team is considered experienced (4.8 years average tenure).
Experienced Board: SNO's board of directors are considered experienced (6.1 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.
SBN Holdings Limited's employee growth, exchange listings and data sources
- Name: SBN Holdings Limited
- Ticker: SNO
- Exchange: NMSE
- Founded: 1915
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: R3.370b
- Shares outstanding: 522.47m
- Website: https://www.standardbank.com.na
Number of Employees
- SBN Holdings Limited
- 1 Chasie Street
- Kleine Kuppe
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/16 17:04|
|End of Day Share Price||2021/10/11 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.