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RFHL

Republic Financial HoldingsTTSE:RFHL Stock Report

Market Cap

TT$22.5b

7D

-0.6%

1Y

3.9%

Updated

06 Dec, 2021

Data

Company Financials
RFHL fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance5/6
Financial Health4/6
Dividends2/6

RFHL Stock Overview

Republic Financial Holdings Limited, through its subsidiaries, provides a range of banking, financial, and related services.

Price History & Performance

Summary of all time highs, changes and price drops for Republic Financial Holdings
Historical stock prices
Current Share PriceTT$138.17
52 Week HighTT$155.28
52 Week LowTT$131.00
Beta-0.081
1 Month Change1.27%
3 Month Change1.98%
1 Year Change3.86%
3 Year Change28.82%
5 Year Change27.39%
Change since IPO626.45%

Recent News & Updates

Shareholder Returns

RFHLTT BanksTT Market
7D-0.6%17.9%0.2%
1Y3.9%-6.4%11.7%

Return vs Industry: RFHL exceeded the TT Banks industry which returned -6.8% over the past year.

Return vs Market: RFHL underperformed the TT Market which returned 12.2% over the past year.

Price Volatility

Is RFHL's price volatile compared to industry and market?
RFHL volatility
RFHL Average Weekly Movement2.8%
Banks Industry Average Movement4.6%
Market Average Movement2.7%
10% most volatile stocks in TT Market5.4%
10% least volatile stocks in TT Market1.6%

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

Volatility Over Time: RFHL's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18376,058Nigel Baptistehttps://rfhl.com

Republic Financial Holdings Limited, through its subsidiaries, provides a range of banking, financial, and related services. The company operates in two segments, Retail and Commercial Banking, and Other Financial Services. It offers current, savings, and deposit accounts; and personal and commercial lending, as well as financing for projects.

Republic Financial Holdings Fundamentals Summary

How do Republic Financial Holdings's earnings and revenue compare to its market cap?
RFHL fundamental statistics
Market CapTT$22.53b
Earnings (TTM)TT$1.31b
Revenue (TTM)TT$5.45b

17.2x

P/E Ratio

1.9x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
RFHL income statement (TTM)
RevenueTT$5.45b
Cost of RevenueTT$0
Gross ProfitTT$5.45b
ExpensesTT$4.15b
EarningsTT$1.31b

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)8.01
Gross Margin100.00%
Net Profit Margin23.98%
Debt/Equity Ratio51.7%

How did RFHL perform over the long term?

See historical performance and comparison

Dividends

2.9%

Current Dividend Yield

50%

Payout Ratio

Valuation

Is Republic Financial Holdings undervalued compared to its fair value and its price relative to the market?

17.25x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: RFHL (TTD138.17) is trading above our estimate of fair value (TTD53.49)

Significantly Below Fair Value: RFHL is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: RFHL is poor value based on its PE Ratio (17.2x) compared to the South American Banks industry average (9.3x).

PE vs Market: RFHL is good value based on its PE Ratio (17.2x) compared to the TT market (19.1x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: RFHL is overvalued based on its PB Ratio (1.9x) compared to the XS Banks industry average (1x).


Future Growth

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

13.1%

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 Republic Financial Holdings 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 Republic Financial Holdings performed over the past 5 years?

1.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: RFHL has high quality earnings.

Growing Profit Margin: RFHL's current net profit margins (24%) are higher than last year (17.8%).


Past Earnings Growth Analysis

Earnings Trend: RFHL's earnings have grown by 1.9% per year over the past 5 years.

Accelerating Growth: RFHL's earnings growth over the past year (44.7%) exceeds its 5-year average (1.9% per year).

Earnings vs Industry: RFHL earnings growth over the past year (44.7%) exceeded the Banks industry 23.4%.


Return on Equity

High ROE: RFHL's Return on Equity (11.2%) is considered low.


Financial Health

How is Republic Financial Holdings's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: RFHL's Assets to Equity ratio (8.5x) is low.

Allowance for Bad Loans: RFHL has a low allowance for bad loans (60%).

Low Risk Liabilities: 90% of RFHL's liabilities are made up of primarily low risk sources of funding.

Loan Level: RFHL has an appropriate level of Loans to Assets ratio (51%).

Low Risk Deposits: RFHL's Loans to Deposits ratio (64%) is appropriate.

Level of Bad Loans: RFHL has a high level of bad loans (5.1%).


Dividend

What is Republic Financial Holdings's current dividend yield, its reliability and sustainability?

2.89%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: RFHL's dividend (2.89%) is higher than the bottom 25% of dividend payers in the TT market (1.67%).

High Dividend: RFHL's dividend (2.89%) is low compared to the top 25% of dividend payers in the TT market (3.4%).


Stability and Growth of Payments

Stable Dividend: RFHL's dividend payments have been volatile in the past 10 years.

Growing Dividend: RFHL's dividend payments have not increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (49.7%), RFHL'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?

2.1yrs

Average management tenure


CEO

Nigel Baptiste (55 yo)

5.83yrs

Tenure

Mr. Nigel Mark Baptiste, B.Sc. (Hons.) (Econ.) M.Sc. (Econ.) A.C.I.B. serves as Director of Cayman National Corporation Ltd. and Cayman National Bank Ltd. since March 27, 2019.He has been the President of...


Leadership Team

Experienced Management: RFHL's management team is considered experienced (2.1 years average tenure).


Board Members

Experienced Board: RFHL's board of directors are considered experienced (5.9 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

Republic Financial Holdings Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Republic Financial Holdings Limited
  • Ticker: RFHL
  • Exchange: TTSE
  • Founded: 1837
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: TT$22.533b
  • Shares outstanding: 163.28m
  • Website: https://rfhl.com

Number of Employees


Location

  • Republic Financial Holdings Limited
  • Republic House
  • 4th Floor
  • Port of Spain
  • Trinidad & Tobago

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/12/06 21:44
End of Day Share Price2021/12/06 00:00
Earnings2021/09/30
Annual Earnings2021/09/30


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.