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TAD

TadvestNMSE:TAD Stock Report

Market Cap

R599.3m

7D

-1.4%

1Y

-11.3%

Updated

17 Oct, 2021

Data

Company Financials
TAD fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends0/6

TAD Overview

Tadvest Limited is a private equity firm.

Price History & Performance

Summary of all time highs, changes and price drops for Tadvest
Historical stock prices
Current Share PriceR13.38
52 Week HighR12.26
52 Week LowR15.01
Beta-0.61
1 Month Change0.60%
3 Month Change1.36%
1 Year Change-11.33%
3 Year Change4.53%
5 Year Change5.85%
Change since IPO-6.95%

Recent News & Updates

Shareholder Returns

TADNA Capital MarketsNA Market
7D-1.4%0.8%1.1%
1Y-11.3%42.4%-1.9%

Return vs Industry: TAD underperformed the NA Capital Markets industry which returned 41.7% over the past year.

Return vs Market: TAD underperformed the NA Market which returned -1.9% over the past year.

Price Volatility

Is TAD's price volatile compared to industry and market?
TAD volatility
TAD Beta-0.61
Industry Beta0.87
Market Beta1

Stable Share Price: TAD is less volatile than 75% of NA stocks over the past 3 months, typically moving +/- 2% a week.

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

About the Company

FoundedEmployeesCEOWebsite
2014n/an/ahttps://tadvest.com

Tadvest Limited is a private equity firm. The firm also invests in listed equity and direct and indirect property holdings. It makes investments in companies both in the pre-Initial Public Offering stage and also the listed ones.

Tadvest Fundamentals Summary

How do Tadvest's earnings and revenue compare to its market cap?
TAD fundamental statistics
Market CapUS$40.98m
Earnings (TTM)US$17.06m
Revenue (TTM)US$17.33m

2.4x

P/E Ratio

2.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TAD income statement (TTM)
RevenueUS$17.33m
Cost of RevenueUS$0
Gross ProfitUS$17.33m
ExpensesUS$265.88k
EarningsUS$17.06m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.38
Gross Margin100.00%
Net Profit Margin98.47%
Debt/Equity Ratio0.0%

How did TAD perform over the long term?

See historical performance and comparison

Valuation

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

2.4x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate TAD's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate TAD's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: TAD is good value based on its PE Ratio (2.4x) compared to the African Capital Markets industry average (10.7x).

PE vs Market: TAD is good value based on its PE Ratio (2.4x) compared to the NA market (7.4x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: TAD is good value based on its PB Ratio (0.6x) compared to the XF Capital Markets industry average (1x).


Future Growth

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

7.5%

Forecasted Diversified Financials 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 Tadvest 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 Tadvest performed over the past 5 years?

-10.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TAD has a high level of non-cash earnings.

Growing Profit Margin: TAD became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: TAD has become profitable over the past 5 years, growing earnings by -10.3% per year.

Accelerating Growth: TAD has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: TAD has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (34.1%).


Return on Equity

High ROE: TAD's Return on Equity (26.1%) is considered high.


Financial Health

How is Tadvest's financial position?


Financial Position Analysis

Short Term Liabilities: TAD's short term assets ($10.6M) exceed its short term liabilities ($43.3K).

Long Term Liabilities: TAD has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: TAD is debt free.

Reducing Debt: TAD had no debt 5 years ago.

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

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


Balance Sheet


Dividend

What is Tadvest current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate TAD's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate TAD's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if TAD's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if TAD's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of TAD's dividend in 3 years as they are not forecast to pay a notable one for the NA market.


Next Steps

Management

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

4.9yrs

Average board tenure


CEO

Tadvest has no CEO, or we have no data on them.


Board Members

Experienced Board: TAD's board of directors are considered experienced (4.9 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

Tadvest Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Tadvest Limited
  • Ticker: TAD
  • Exchange: NMSE
  • Founded: 2014
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: R599.303m
  • Shares outstanding: 44.79m
  • Website: https://tadvest.com

Location

  • Tadvest Limited
  • 7th Floor
  • Tower NeXteracom
  • Ebene
  • 72201
  • Mauritius

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/17 17:06
End of Day Share Price2021/10/15 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.