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AfroCentric Investment JSE:ACT Stock Report

Last Price

R2.60

Market Cap

R2.2b

7D

-8.8%

1Y

-17.7%

Updated

20 Nov, 2024

Data

Company Financials

AfroCentric Investment Corporation Limited

JSE:ACT Stock Report

Market Cap: R2.2b

ACT Stock Overview

An investment holding company, provides healthcare administration and health risk management solutions to the healthcare sector. More details

ACT fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends5/6

AfroCentric Investment Corporation Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for AfroCentric Investment
Historical stock prices
Current Share PriceR2.60
52 Week HighR3.50
52 Week LowR2.06
Beta0.19
11 Month Change-5.45%
3 Month Change-8.77%
1 Year Change-17.72%
33 Year Change-49.02%
5 Year Change-20.00%
Change since IPO-42.22%

Recent News & Updates

AfroCentric Investment Corporation Limited's (JSE:ACT) 29% Price Boost Is Out Of Tune With Earnings

Sep 01
AfroCentric Investment Corporation Limited's (JSE:ACT) 29% Price Boost Is Out Of Tune With Earnings

Recent updates

AfroCentric Investment Corporation Limited's (JSE:ACT) 29% Price Boost Is Out Of Tune With Earnings

Sep 01
AfroCentric Investment Corporation Limited's (JSE:ACT) 29% Price Boost Is Out Of Tune With Earnings

Pinning Down AfroCentric Investment Corporation Limited's (JSE:ACT) P/E Is Difficult Right Now

May 02
Pinning Down AfroCentric Investment Corporation Limited's (JSE:ACT) P/E Is Difficult Right Now

Here's Why We Think AfroCentric Investment Corporation Limited's (JSE:ACT) CEO Compensation Looks Fair for the time being

Nov 04
Here's Why We Think AfroCentric Investment Corporation Limited's (JSE:ACT) CEO Compensation Looks Fair for the time being

AfroCentric Investment (JSE:ACT) Has Announced A Dividend Of ZAR0.17

Oct 26
AfroCentric Investment (JSE:ACT) Has Announced A Dividend Of ZAR0.17

AfroCentric Investment (JSE:ACT) Is Due To Pay A Dividend Of ZAR0.17

Oct 12
AfroCentric Investment (JSE:ACT) Is Due To Pay A Dividend Of ZAR0.17

AfroCentric Investment (JSE:ACT) Will Pay A Dividend Of ZAR0.17

Sep 16
AfroCentric Investment (JSE:ACT) Will Pay A Dividend Of ZAR0.17

AfroCentric Investment (JSE:ACT) Will Pay A Dividend Of R0.17

Oct 03
AfroCentric Investment (JSE:ACT) Will Pay A Dividend Of R0.17

AfroCentric Investment's (JSE:ACT) Dividend Will Be R0.17

Sep 16
AfroCentric Investment's (JSE:ACT) Dividend Will Be R0.17

Is Now The Time To Put AfroCentric Investment (JSE:ACT) On Your Watchlist?

Sep 05
Is Now The Time To Put AfroCentric Investment (JSE:ACT) On Your Watchlist?

I Built A List Of Growing Companies And AfroCentric Investment (JSE:ACT) Made The Cut

Jun 04
I Built A List Of Growing Companies And AfroCentric Investment (JSE:ACT) Made The Cut

How Does AfroCentric Investment Corporation Limited (JSE:ACT) Fare As A Dividend Stock?

Apr 28
How Does AfroCentric Investment Corporation Limited (JSE:ACT) Fare As A Dividend Stock?

I Built A List Of Growing Companies And AfroCentric Investment (JSE:ACT) Made The Cut

Feb 24
I Built A List Of Growing Companies And AfroCentric Investment (JSE:ACT) Made The Cut

Why AfroCentric Investment Corporation Limited (JSE:ACT) Should Be In Your Dividend Portfolio

Jan 18
Why AfroCentric Investment Corporation Limited (JSE:ACT) Should Be In Your Dividend Portfolio

AfroCentric Investment's (JSE:ACT) Shareholders Are Down 44% On Their Shares

Dec 22
AfroCentric Investment's (JSE:ACT) Shareholders Are Down 44% On Their Shares

Here's Why I Think AfroCentric Investment (JSE:ACT) Is An Interesting Stock

Nov 25
Here's Why I Think AfroCentric Investment (JSE:ACT) Is An Interesting Stock

Shareholder Returns

ACTZA Diversified FinancialZA Market
7D-8.8%0.9%1.7%
1Y-17.7%15.0%15.6%

Return vs Industry: ACT underperformed the ZA Diversified Financial industry which returned 13% over the past year.

Return vs Market: ACT underperformed the ZA Market which returned 15.2% over the past year.

Price Volatility

Is ACT's price volatile compared to industry and market?
ACT volatility
ACT Average Weekly Movement12.3%
Diversified Financial Industry Average Movement4.6%
Market Average Movement4.5%
10% most volatile stocks in ZA Market9.5%
10% least volatile stocks in ZA Market2.6%

Stable Share Price: ACT's share price has been volatile over the past 3 months compared to the ZA market.

Volatility Over Time: ACT's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of ZA stocks.

About the Company

FoundedEmployeesCEOWebsite
20085,503Gerald Van Wykwww.afrocentric.za.com

AfroCentric Investment Corporation Limited, an investment holding company, provides healthcare administration and health risk management solutions to the healthcare sector. The company operates through Healthcare SA, Healthcare Retail, Healthcare Africa, and Information Technology segments. It offers HIV and other healthcare management solutions.

AfroCentric Investment Corporation Limited Fundamentals Summary

How do AfroCentric Investment's earnings and revenue compare to its market cap?
ACT fundamental statistics
Market capR2.15b
Earnings (TTM)R55.38m
Revenue (TTM)R8.90b

38.9x

P/E Ratio

0.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ACT income statement (TTM)
RevenueR8.90b
Cost of RevenueR4.91b
Gross ProfitR3.99b
Other ExpensesR3.94b
EarningsR55.38m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.067
Gross Margin44.86%
Net Profit Margin0.62%
Debt/Equity Ratio18.5%

How did ACT perform over the long term?

See historical performance and comparison

Dividends

8.5%

Current Dividend Yield

60%

Payout Ratio