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AfroCentric Investment JSE:ACT Stock Report

Last Price

R2.93

Market Cap

R2.4b

7D

1.0%

1Y

-47.7%

Updated

26 Mar, 2024

Data

Company Financials

AfroCentric Investment Corporation Limited

JSE:ACT Stock Report

Market Cap: R2.4b

ACT Stock Overview

AfroCentric Investment Corporation Limited, an investment holding company, provides healthcare administration and health risk management solutions to the healthcare sector.

ACT fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance1/6
Financial Health5/6
Dividends4/6

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 PriceR2.93
52 Week HighR5.65
52 Week LowR2.66
Beta0.32
1 Month Change-3.93%
3 Month Change-11.21%
1 Year Change-47.68%
3 Year Change-35.75%
5 Year Change-38.96%
Change since IPO-34.89%

Recent News & Updates

Recent updates

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
7D1.0%-3.7%2.9%
1Y-47.7%-4.5%-3.2%

Return vs Industry: ACT underperformed the ZA Diversified Financial industry which returned -2.4% over the past year.

Return vs Market: ACT underperformed the ZA Market which returned -1.9% over the past year.

Price Volatility

Is ACT's price volatile compared to industry and market?
ACT volatility
ACT Average Weekly Movement9.0%
Diversified Financial Industry Average Movement4.4%
Market Average Movement4.8%
10% most volatile stocks in ZA Market10.8%
10% least volatile stocks in ZA Market2.8%

Stable Share Price: ACT has not had significant price volatility in the past 3 months.

Volatility Over Time: ACT's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of ZA stocks.

About the Company

FoundedEmployeesCEOWebsite
20085,503Gerald Van Wykhttps://www.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 engages in the retail and wholesale of pharmaceutical products under the Pharmacy Direct, Curasana Wholesaler, and Activo Health names.

AfroCentric Investment Corporation Limited Fundamentals Summary

How do AfroCentric Investment's earnings and revenue compare to its market cap?
ACT fundamental statistics
Market capR2.39b
Earnings (TTM)R230.84m
Revenue (TTM)R8.94b

10.4x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ACT income statement (TTM)
RevenueR8.94b
Cost of RevenueR4.81b
Gross ProfitR4.13b
Other ExpensesR3.90b
EarningsR230.84m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.28
Gross Margin46.17%
Net Profit Margin2.58%
Debt/Equity Ratio17.5%

How did ACT perform over the long term?

See historical performance and comparison

Dividends

7.5%

Current Dividend Yield

34%

Payout Ratio

Does ACT pay a reliable dividends?

See ACT dividend history and benchmarks
When do you need to buy ACT by to receive an upcoming dividend?
AfroCentric Investment dividend dates
Ex Dividend DateMay 08 2024
Dividend Pay DateMay 13 2024
Days until Ex dividend41 days
Days until Dividend pay date46 days

Does ACT pay a reliable dividends?

See ACT dividend history and benchmarks
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.