| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 5/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
ADH Overview
ADvTECH Limited provides education, training, and staff placement services in South Africa and other African countries.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | R18.11 |
| 52 Week High | R7.30 |
| 52 Week Low | R18.21 |
| Beta | 0.77 |
| 1 Month Change | 12.42% |
| 3 Month Change | 27.63% |
| 1 Year Change | 110.34% |
| 3 Year Change | 26.73% |
| 5 Year Change | 5.29% |
| Change since IPO | 630.24% |
Recent News & Updates
Shareholder Returns
| ADH | ZA Consumer Services | ZA Market | |
|---|---|---|---|
| 7D | 16.4% | 6.1% | 1.0% |
| 1Y | 110.3% | 29.9% | 20.8% |
Return vs Industry: ADH exceeded the ZA Consumer Services industry which returned 29.9% over the past year.
Return vs Market: ADH exceeded the ZA Market which returned 20.8% over the past year.
Price Volatility
| ADH volatility | |
|---|---|
| ADH Beta | 0.77 |
| Industry Beta | 0.90 |
| Market Beta | 1 |
Stable Share Price: ADH is not significantly more volatile than the rest of ZA stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: ADH's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1978 | 7,853 | Roy Douglas | https://www.advtech.co.za |
ADvTECH Limited provides education, training, and staff placement services in South Africa and other African countries. It operates through three divisions: Schools, Tertiary, and Resourcing. The Schools division provides pre-primary, primary, and secondary education services.
ADvTECH Fundamentals Summary
| ADH fundamental statistics | |
|---|---|
| Market Cap | R9.90b |
| Earnings (TTM) | R589.50m |
| Revenue (TTM) | R5.53b |
17.0x
P/E Ratio1.8x
P/S RatioIs ADH overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ADH income statement (TTM) | |
|---|---|
| Revenue | R5.53b |
| Cost of Revenue | R2.90b |
| Gross Profit | R2.63b |
| Expenses | R2.04b |
| Earnings | R589.50m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.07 |
| Gross Margin | 47.48% |
| Net Profit Margin | 10.66% |
| Debt/Equity Ratio | 32.9% |
How did ADH perform over the long term?
See historical performance and comparisonDividends
1.0%
Current Dividend Yield36%
Payout RatioValuation
Is ADvTECH undervalued compared to its fair value and its price relative to the market?
17.3%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ADH (ZAR18.11) is trading below our estimate of fair value (ZAR21.89)
Significantly Below Fair Value: ADH is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: ADH is good value based on its PE Ratio (17x) compared to the African Consumer Services industry average (17.5x).
PE vs Market: ADH is poor value based on its PE Ratio (17x) compared to the ZA market (11.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ADH's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ADH is overvalued based on its PB Ratio (2.5x) compared to the XF Consumer Services industry average (1.8x).
Future Growth
How is ADvTECH forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
31.7%
Forecasted Consumer 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 ADvTECH 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 ADvTECH performed over the past 5 years?
8.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ADH has high quality earnings.
Growing Profit Margin: ADH's current net profit margins (10.7%) are higher than last year (7.6%).
Past Earnings Growth Analysis
Earnings Trend: ADH's earnings have grown by 8.8% per year over the past 5 years.
Accelerating Growth: ADH's earnings growth over the past year (43.1%) exceeds its 5-year average (8.8% per year).
Earnings vs Industry: ADH earnings growth over the past year (43.1%) exceeded the Consumer Services industry 36%.
Return on Equity
High ROE: ADH's Return on Equity (14.7%) is considered low.
Financial Health
How is ADvTECH's financial position?
Financial Position Analysis
Short Term Liabilities: ADH's short term assets (ZAR661.1M) do not cover its short term liabilities (ZAR1.9B).
Long Term Liabilities: ADH's short term assets (ZAR661.1M) do not cover its long term liabilities (ZAR1.8B).
Debt to Equity History and Analysis
Debt Level: ADH's debt to equity ratio (32.9%) is considered satisfactory.
Reducing Debt: ADH's debt to equity ratio has reduced from 46.8% to 32.9% over the past 5 years.
Debt Coverage: ADH's debt is well covered by operating cash flow (76.6%).
Interest Coverage: ADH's interest payments on its debt are well covered by EBIT (6.1x coverage).
Balance Sheet
Dividend
What is ADvTECH current dividend yield, its reliability and sustainability?
1.05%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ADH's dividend (1.05%) isn’t notable compared to the bottom 25% of dividend payers in the ZA market (3.11%).
High Dividend: ADH's dividend (1.05%) is low compared to the top 25% of dividend payers in the ZA market (8.07%).
Stability and Growth of Payments
Stable Dividend: ADH is not paying a notable dividend for the ZA market, therefore no need to check if payments are stable.
Growing Dividend: ADH is not paying a notable dividend for the ZA market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: ADH is not paying a notable dividend for the ZA market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ADH's dividend in 3 years as they are not forecast to pay a notable one for the ZA market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.9yrs
Average management tenure
CEO
Roy Douglas (63 yo)
5.92yrs
Tenure
R6,198,242
Compensation
Mr. Roy J. Douglas has been the Group Chief Executive Officer and Executive Director of ADvTECH Ltd. since November 27, 2015. Mr. Douglas served as Chief Operating Officer of Tertiary Division at ADvTECH L...
CEO Compensation Analysis
Compensation vs Market: Roy's total compensation ($USD428.93K) is below average for companies of similar size in the ZA market ($USD905.06K).
Compensation vs Earnings: Roy's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: ADH's management team is seasoned and experienced (5.9 years average tenure).
Board Members
Experienced Board: ADH's board of directors are considered experienced (5.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ADH insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2%.
Top Shareholders
Company Information
ADvTECH Limited's employee growth, exchange listings and data sources
Key Information
- Name: ADvTECH Limited
- Ticker: ADH
- Exchange: JSE
- Founded: 1978
- Industry: Education Services
- Sector: Consumer Services
- Market Cap: R9.903b
- Shares outstanding: 552.31m
- Website: https://www.advtech.co.za
Number of Employees
Location
- ADvTECH Limited
- ADvTECH House
- Building 7, Inanda Greens Office Park
- Sandton
- Gauteng
- 2196
- South Africa
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/20 17:01 |
| End of Day Share Price | 2021/10/20 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.