Finbond Group Limited operates as a financial services institution.
Finbond Group Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||R1.48|
|52 Week High||R0.91|
|52 Week Low||R1.95|
|1 Month Change||2.78%|
|3 Month Change||14.73%|
|1 Year Change||21.31%|
|3 Year Change||-59.00%|
|5 Year Change||-40.80%|
|Change since IPO||-34.22%|
Recent News & Updates
Should Shareholders Reconsider Finbond Group Limited's (JSE:FGL) CEO Compensation Package?
The results at Finbond Group Limited ( JSE:FGL ) have been quite disappointing recently and CEO Willie Van Aardt bears...
|FGL||ZA Mortgage||ZA Market|
Return vs Industry: FGL exceeded the ZA Mortgage industry which returned 11.6% over the past year.
Return vs Market: FGL matched the ZA Market which returned 20.7% over the past year.
Stable Share Price: FGL is more volatile than 90% of ZA stocks over the past 3 months, typically moving +/- 13% a week.
Volatility Over Time: FGL's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of ZA stocks.
About the Company
|2001||1,909||Willie Van Aardt||https://finbondgroup.com|
Finbond Group Limited operates as a financial services institution. It operates in four segments: Investment Products, Lending, Property Investment, and Transactional Banking. The company offers short-term unsecured and secured lending services, as well as micro credit, insurance, and savings and investment products.
Finbond Group Fundamentals Summary
|FGL fundamental statistics|
Is FGL overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|FGL income statement (TTM)|
|Cost of Revenue||R1.75b|
Last Reported Earnings
Feb 28, 2021
Next Earnings Date
Oct 31, 2021
|Earnings per share (EPS)||-0.35|
|Net Profit Margin||-15.82%|
How did FGL perform over the long term?See historical performance and comparison
Is Finbond Group undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate FGL's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate FGL's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: FGL is unprofitable, so we can't compare its PE Ratio to the Global Mortgage industry average.
PE vs Market: FGL is unprofitable, so we can't compare its PE Ratio to the ZA market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate FGL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: FGL is overvalued based on its PB Ratio (1.2x) compared to the XF Mortgage industry average (1x).
How is Finbond Group 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 Finbond Group 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 Finbond Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FGL is currently unprofitable.
Growing Profit Margin: FGL is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: FGL is unprofitable, and losses have increased over the past 5 years at a rate of 45.3% per year.
Accelerating Growth: Unable to compare FGL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: FGL is unprofitable, making it difficult to compare its past year earnings growth to the Mortgage industry (28.3%).
Return on Equity
High ROE: FGL has a negative Return on Equity (-20.81%), as it is currently unprofitable.
How is Finbond Group'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: FGL's Assets to Equity ratio (3.6x) is low.
Allowance for Bad Loans: Insufficient data to determine if FGL has a sufficient allowance for bad loans.
Low Risk Liabilities: FGL reports no customer deposits, 100% of its liabilities are made up of higher risk sources of funding.
Loan Level: Insufficient data to determine if FGL has an appropriate level of Loans to Assets ratio.
Low Risk Deposits: FGL reports no customer deposits, loans are made up entirely of externally borrowed funds.
Level of Bad Loans: Insufficient data to determine if FGL has an appropriate level of bad loans.
What is Finbond Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate FGL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate FGL'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 FGL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if FGL's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: FGL is not paying a notable dividend for the ZA market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of FGL's dividend in 3 years as they are not forecast to pay a notable one for the ZA market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Willie Van Aardt (48 yo)
Dr. Willem Van Aardt, also known as Willie, B. Proc (Cum Laude), LLM, LLD, QLTT (UK) serves as the Chief Executive Officer of Finbond Group Limited. Dr. Van Aardt founded Finbond in January 2003. He served...
CEO Compensation Analysis
Compensation vs Market: Willie's total compensation ($USD3.16M) is above average for companies of similar size in the ZA market ($USD278.96K).
Compensation vs Earnings: Willie's compensation has increased whilst the company is unprofitable.
Experienced Board: FGL's board of directors are considered experienced (3.1 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.
Finbond Group Limited's employee growth, exchange listings and data sources
- Name: Finbond Group Limited
- Ticker: FGL
- Exchange: JSE
- Founded: 2001
- Industry: Thrifts and Mortgage Finance
- Sector: Banks
- Market Cap: R1.264b
- Shares outstanding: 854.12m
- Website: https://finbondgroup.com
Number of Employees
- Finbond Group Limited
- Rigel Office Park
- 446 Rigel Avenue South
- South Africa
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/19 21:44|
|End of Day Share Price||2021/10/19 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.