Adcorp Holdings Limited provides workplace solutions in South Africa and Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||R5.73|
|52 Week High||R3.50|
|52 Week Low||R8.87|
|1 Month Change||-8.90%|
|3 Month Change||-11.85%|
|1 Year Change||60.06%|
|3 Year Change||-68.34%|
|5 Year Change||-58.48%|
|Change since IPO||616.25%|
Recent News & Updates
|ADR||ZA Professional Services||ZA Market|
Return vs Industry: ADR exceeded the ZA Professional Services industry which returned 32.4% over the past year.
Return vs Market: ADR exceeded the ZA Market which returned 19% over the past year.
Stable Share Price: ADR is not significantly more volatile than the rest of ZA stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: ADR's weekly volatility (7%) has been stable over the past year.
About the Company
Adcorp Holdings Limited provides workplace solutions in South Africa and Australia. It operates through Industrial Services, Professional Services, Training, Australia, and Central segments. The company offers permanent recruitment and flexible staffing, professional IT, and business process outsourcing services; and shared, emergent business, and project management products and services.
Adcorp Holdings Fundamentals Summary
|ADR fundamental statistics|
Is ADR overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ADR income statement (TTM)|
|Cost of Revenue||R10.58b|
Last Reported Earnings
Feb 28, 2021
Next Earnings Date
|Earnings per share (EPS)||0.021|
|Net Profit Margin||0.019%|
How did ADR perform over the long term?See historical performance and comparison
Is Adcorp Holdings undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ADR (ZAR6) is trading below our estimate of fair value (ZAR168)
Significantly Below Fair Value: ADR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ADR is poor value based on its PE Ratio (282.6x) compared to the Global Professional Services industry average (26.2x).
PE vs Market: ADR is poor value based on its PE Ratio (282.6x) compared to the ZA market (11.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ADR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ADR is good value based on its PB Ratio (0.5x) compared to the XX Professional Services industry average (2.9x).
How is Adcorp Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Commercial Services 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 Adcorp 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.
How has Adcorp Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ADR has high quality earnings.
Growing Profit Margin: ADR became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: ADR has become profitable over the past 5 years, growing earnings by -30.2% per year.
Accelerating Growth: ADR has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: ADR has become profitable in the last year, making it difficult to compare its past year earnings growth to the Professional Services industry (18.6%).
Return on Equity
High ROE: ADR's Return on Equity (0.4%) is considered low.
How is Adcorp Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: ADR's short term assets (ZAR2.2B) exceed its short term liabilities (ZAR1.3B).
Long Term Liabilities: ADR's short term assets (ZAR2.2B) exceed its long term liabilities (ZAR870.5M).
Debt to Equity History and Analysis
Debt Level: ADR's debt to equity ratio (33.7%) is considered satisfactory.
Reducing Debt: ADR's debt to equity ratio has reduced from 74.8% to 33.7% over the past 5 years.
Debt Coverage: ADR's debt is well covered by operating cash flow (169%).
Interest Coverage: ADR's interest payments on its debt are not well covered by EBIT (1.3x coverage).
What is Adcorp Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ADR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ADR'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 ADR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ADR's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: ADR is not paying a notable dividend for the ZA market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ADR'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 management tenure
Dr. John Peter Wentzel serves as Chief Executive Officer and Executive Director of Adcorp Holdings Limited since April 1, 2021. He serves as the Chief Executive Officer and Member of Management Board of Dr...
Experienced Management: ADR's management team is seasoned and experienced (5.4 years average tenure).
Experienced Board: ADR's board of directors are not considered experienced ( 2.3 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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Adcorp Holdings Limited's employee growth, exchange listings and data sources
- Name: Adcorp Holdings Limited
- Ticker: ADR
- Exchange: JSE
- Founded: 1968
- Industry: Human Resource and Employment Services
- Sector: Commercial Services
- Market Cap: R656.142m
- Shares outstanding: 109.36m
- Website: https://www.adcorpgroup.com
Number of Employees
- Adcorp Holdings Limited
- Adcorp Place
- 102 Western Service Road
- South Africa
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/26 17:01|
|End of Day Share Price||2021/10/26 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.