Infinity Trust Mortgage Bank Plc provides mortgage banking, construction finance, and other financial intermediation services to corporate and individual customers in Nigeria.
Price History & Performance
|Historical stock prices|
|Current Share Price||₦1.32|
|52 Week High||₦0|
|52 Week Low||₦0|
|1 Month Change||0%|
|3 Month Change||0%|
|1 Year Change||-2.94%|
|3 Year Change||-7.04%|
|5 Year Change||-10.20%|
|Change since IPO||-12.00%|
Recent News & Updates
|INFINITY||NG Mortgage||NG Market|
Return vs Industry: INFINITY underperformed the NG Mortgage industry which returned -0.6% over the past year.
Return vs Market: INFINITY underperformed the NG Market which returned 40.4% over the past year.
Stable Share Price: INFINITY is less volatile than 75% of NG stocks over the past 3 months, typically moving +/- 0% a week.
Volatility Over Time: INFINITY's weekly volatility (0%) has been stable over the past year.
About the Company
Infinity Trust Mortgage Bank Plc provides mortgage banking, construction finance, and other financial intermediation services to corporate and individual customers in Nigeria. It offers residential and commercial mortgage financing services. The company was formerly known as INFINITY TRUST SAVINGS and LOANS LIMITED and changed its name to Infinity Trust Mortgage Bank Plc in January 2013. Infinity Trust Mortgage Bank Plc was incorporated in 2002 and is headquartered in Abuja, Nigeria.
Infinity Trust Mortgage Bank Fundamentals Summary
|INFINITY fundamental statistics|
Is INFINITY overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|INFINITY income statement (TTM)|
|Cost of Revenue||₦0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.12|
|Net Profit Margin||39.55%|
How did INFINITY perform over the long term?See historical performance and comparison
3.0%Current Dividend Yield
Is Infinity Trust Mortgage Bank 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: Insufficient data to calculate INFINITY's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate INFINITY's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: INFINITY is good value based on its PE Ratio (10.6x) compared to the Global Mortgage industry average (12x).
PE vs Market: INFINITY is poor value based on its PE Ratio (10.6x) compared to the NG market (7.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate INFINITY's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: INFINITY's PB Ratio (1x) is in line with the XF Mortgage industry average.
How is Infinity Trust Mortgage Bank 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 Infinity Trust Mortgage Bank 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 Infinity Trust Mortgage Bank performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: INFINITY has a high level of non-cash earnings.
Growing Profit Margin: INFINITY's current net profit margins (39.5%) are higher than last year (27.6%).
Past Earnings Growth Analysis
Earnings Trend: INFINITY's earnings have grown by 19.3% per year over the past 5 years.
Accelerating Growth: INFINITY's earnings growth over the past year (74.5%) exceeds its 5-year average (19.3% per year).
Earnings vs Industry: INFINITY earnings growth over the past year (74.5%) exceeded the Mortgage industry 28.3%.
Return on Equity
High ROE: INFINITY's Return on Equity (9%) is considered low.
How is Infinity Trust Mortgage Bank'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: INFINITY's Assets to Equity ratio (2.4x) is low.
Allowance for Bad Loans: INFINITY has a low allowance for bad loans (48%).
Low Risk Liabilities: 54% of INFINITY's liabilities are made up of primarily low risk sources of funding.
Loan Level: INFINITY has an appropriate level of Loans to Assets ratio (57%).
Low Risk Deposits: INFINITY's Loans to Deposits ratio (180%) is high.
Level of Bad Loans: INFINITY has a high level of bad loans (4.8%).
What is Infinity Trust Mortgage Bank current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: INFINITY's dividend (3.03%) isn’t notable compared to the bottom 25% of dividend payers in the NG market (3.28%).
High Dividend: INFINITY's dividend (3.03%) is low compared to the top 25% of dividend payers in the NG market (7.27%).
Stability and Growth of Payments
Stable Dividend: INFINITY has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: INFINITY's dividend payments have increased, but the company has only paid a dividend for 8 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (32.2%), INFINITY'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 board tenure
Dr. Olabanjo Obaleye, DBA serves as the Chief Executive Officer, Managing Director of Infinity Trust Mortgage Bank PLC since 2006 and serves as its Director. Dr. Obaleye has been Non-Executive Director of...
Experienced Board: INFINITY's board of directors are not considered experienced ( 0.3 years average tenure), which suggests a new board.
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.
Infinity Trust Mortgage Bank Plc's employee growth, exchange listings and data sources
- Name: Infinity Trust Mortgage Bank Plc
- Ticker: INFINITY
- Exchange: NGSE
- Founded: 2002
- Industry: Thrifts and Mortgage Finance
- Sector: Banks
- Market Cap: ₦5.505b
- Shares outstanding: 4.17b
- Website: https://www.infinitytrustmortgagebank.com
Number of Employees
- Infinity Trust Mortgage Bank Plc
- 11, Kaura Namoda Street
- Off Faskari Street
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/21 21:04|
|End of Day Share Price||2021/10/21 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.