OTCPK:CNCP.F

Stock Analysis Report

Executive Summary

Conduit Capital Limited, an investment holding company, engages in the insurance business.

Snowflake

Fundamentals

Excellent balance sheet and fair value.

Risks

  • Conduit Capital is not covered by any analysts.

Share Price & News

How has Conduit Capital's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

OTCPK:CNCP.F

-2.3%

US Insurance

-1.6%

US Market


1 Year Return

n/a

OTCPK:CNCP.F

5.6%

US Insurance

-3.0%

US Market

No trading data on CNCP.F.

No trading data on CNCP.F.


Share holder returns

CNCP.FIndustryMarket
7 Day0%-2.3%-1.6%
30 Day0%-5.9%-5.7%
90 Day-10.0%-0.6%0.2%
1 Yearn/a8.1%5.6%-0.8%-3.0%
3 Yearn/a40.6%30.0%38.1%29.1%
5 Yearn/a60.5%41.5%50.8%34.1%

Price Volatility Vs. Market

How volatile is Conduit Capital's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Conduit Capital undervalued based on future cash flows and its price relative to the stock market?

7.98x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Conduit Capital to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Conduit Capital to establish if it is available at substantial discount.


Price Based on Earnings

Conduit Capital is good value based on earnings compared to the US Insurance industry average.

Conduit Capital is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Conduit Capital, we can't assess if its growth is good value.


Price Based on Value of Assets

Conduit Capital is good value based on assets compared to the US Insurance industry average.


Next Steps

Future Growth

How is Conduit Capital expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

6.8%

Forecasted Insurance 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 Conduit Capital 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.


Next Steps

  • Examine whether Conduit Capital is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  • While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Conduit Capital's filings and announcements here.
  • Explore growth companies in the Insurance industry.

Past Performance

How has Conduit Capital performed over the past 5 years?

-19.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Conduit Capital's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.

Conduit Capital has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.

Conduit Capital has become profitable in the last year making it difficult to compare the US Insurance industry average.


Return on Equity

Conduit Capital has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Conduit Capital used its assets more efficiently than the US Insurance industry average last year based on Return on Assets.


Return on Capital Employed

Conduit Capital has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Conduit Capital's financial position?


Financial Position Analysis

Conduit Capital's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Conduit Capital's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Conduit Capital has no debt.

Conduit Capital currently has no debt however we can't compare to 5 years ago as we have no data for that period.

Conduit Capital has no debt, it does not need to be covered by operating cash flow.

Conduit Capital has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Low level of unsold assets.

Conduit Capital has no debt, it does not need to be covered by short term assets.


Next Steps

Dividend

What is Conduit Capital's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Conduit Capital's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Conduit Capital's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Conduit Capital has not reported any payouts.

Unable to verify if Conduit Capital's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Conduit Capital has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Conduit Capital's salary, the management and board of directors tenure and is there insider trading?

4.4yrs

Average board tenure


CEO

Sean Riskowitz (34yo)

4.1yrs

Tenure

SAR3,700,000

Compensation

Mr. Sean M. Riskowitz, BCom (Fin), has been the Chief Executive Officer of Conduit Capital Limited since July 15, 2015 and has been its Executive Director since March 31, 2015. Mr. Riskowitz is the Founder ...


CEO Compensation Analysis

Sean's remuneration is lower than average for companies of similar size in United States of America.

Sean's compensation has increased in line with Conduit Capital recently becoming profitable.


Board Age and Tenure

4.4yrs

Average Tenure

49yo

Average Age

The tenure for the Conduit Capital board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

SellSAR489,62005 Feb 19
William Thorndike
EntityIndividual
Role
Lead Director
Lead Independent Director
Shares4,320,000
Max PriceSAR0.11
BuySAR70,26707 Jan 19
Protea Asset Management LLC
EntityCompany
Shares626,000
Max PriceSAR0.11
BuySAR399,15402 Jan 19
Protea Asset Management LLC
EntityCompany
Shares3,600,000
Max PriceSAR0.12
BuySAR45,25128 Dec 18
Sean Riskowitz
EntityIndividual
Role
Chief Executive Officer
CEO & Executive Director
Shares420,000
Max PriceSAR0.11
BuySAR164,96321 Dec 18
Protea Asset Management LLC
EntityCompany
Shares1,500,000
Max PriceSAR0.11
BuySAR11,71105 Dec 18
Sean Riskowitz
EntityIndividual
Role
Chief Executive Officer
CEO & Executive Director
Shares100,000
Max PriceSAR0.12
BuySAR11,72404 Dec 18
Sean Riskowitz
EntityIndividual
Role
Chief Executive Officer
CEO & Executive Director
Shares100,000
Max PriceSAR0.12
BuySAR10,76429 Nov 18
Sean Riskowitz
EntityIndividual
Role
Chief Executive Officer
CEO & Executive Director
Shares100,000
Max PriceSAR0.11
BuySAR3028 Nov 18
Adrian Maizey
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares300
Max PriceSAR0.10
BuySAR10,77128 Nov 18
Sean Riskowitz
EntityIndividual
Role
Chief Executive Officer
CEO & Executive Director
Shares100,000
Max PriceSAR0.11
BuySAR26,78821 Nov 18
Sean Riskowitz
EntityIndividual
Role
Chief Executive Officer
CEO & Executive Director
Shares250,000
Max PriceSAR0.11
BuySAR41,54621 Nov 18
Adrian Maizey
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares380,000
Max PriceSAR0.11

Ownership Breakdown


Management Team

  • Lourens Louw (49yo)

    CFO, Secretary & Executive Director

    • Tenure: 15.0yrs
    • Compensation: SAR3.12m
  • Gavin Toet (45yo)

    Chief Operating Officer

    • Tenure: 9.9yrs
    • Compensation: SAR2.46m
  • Sean Riskowitz (34yo)

    CEO & Executive Director

    • Tenure: 4.1yrs
    • Compensation: SAR3.70m

Board Members

  • Will Thorndike (55yo)

    Lead Independent Director

    • Tenure: 0.5yrs
    • Compensation: SAR205.00k
  • Adrian Maizey (45yo)

    Non-Executive Director

    • Tenure: 2.5yrs
    • Compensation: SAR1.00m
  • Lourens Louw (49yo)

    CFO, Secretary & Executive Director

    • Tenure: 15.0yrs
    • Compensation: SAR3.12m
  • Gavin Toet (45yo)

    Chief Operating Officer

    • Tenure: 9.9yrs
    • Compensation: SAR2.46m
  • Sean Riskowitz (34yo)

    CEO & Executive Director

    • Tenure: 4.1yrs
    • Compensation: SAR3.70m
  • Jabu Mahlangu (51yo)

    Independent Non-Executive Director

    • Tenure: 4.4yrs
    • Compensation: SAR387.00k
  • Ronnie Napier (83yo)

    Independent Chairman

    • Tenure: 4.4yrs
    • Compensation: SAR561.00k
  • Rosetta Xaba (54yo)

    Independent Non-Executive Director

    • Tenure: 4.3yrs
    • Compensation: SAR387.00k
  • Leo Chih (38yo)

    Non-Executive Director

    • Tenure: 1.8yrs
    • Compensation: SAR224.00k

Company Information

Conduit Capital Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Conduit Capital Limited
  • Ticker: CNCP.F
  • Exchange: OTCPK
  • Founded:
  • Industry: Multi-line Insurance
  • Sector: Insurance
  • Market Cap: SAR736.374m
  • Listing Market Cap: SAR48.505m
  • Shares outstanding: 701.31m
  • Website: https://www.conduitcapital.co.za

Location

  • Conduit Capital Limited
  • 4 Homestead Avenue
  • Unit 9
  • Bryanston
  • Gauteng
  • 2194
  • South Africa

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CNDJSE (The Johannesburg Securities Exchange)YesOrdinary SharesZAZARMar 1999
CNCP.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDMar 1999

Biography

Conduit Capital Limited, an investment holding company, engages in the insurance business. The company operates through two segments, Insurance and Risk, and Investments. It writes commercial and personal  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/25 00:48
End of Day Share Price2019/08/05 00:00
Earnings2018/12/31
Annual Earnings2018/06/30


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.