company background image
AEE

African Equity Empowerment InvestmentsJSE:AEE Stock Report

Market Cap

R491.0m

7D

-16.7%

1Y

28.2%

Updated

19 Oct, 2021

Data

Company Financials
AEE fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends2/6

AEE Overview

African Equity Empowerment Investments Limited formerly known as Sekunjalo Investments Limited is a private equity firm specializing in acquisitions, PIPEs, and buyouts.

Price History & Performance

Summary of all time highs, changes and price drops for African Equity Empowerment Investments
Historical stock prices
Current Share PriceR1.00
52 Week HighR0.03
52 Week LowR1.75
Beta0.99
1 Month Change8.70%
3 Month Change-16.67%
1 Year Change28.21%
3 Year Change-75.00%
5 Year Change-70.15%
Change since IPO-51.92%

Recent News & Updates

Mar 17
African Equity Empowerment Investments' (JSE:AEE) Stock Price Has Reduced 79% In The Past Three Years

African Equity Empowerment Investments' (JSE:AEE) Stock Price Has Reduced 79% In The Past Three Years

African Equity Empowerment Investments Limited ( JSE:AEE ) shareholders will doubtless be very grateful to see the...

Shareholder Returns

AEEZA Capital MarketsZA Market
7D-16.7%4.2%1.0%
1Y28.2%57.5%20.8%

Return vs Industry: AEE underperformed the ZA Capital Markets industry which returned 58.6% over the past year.

Return vs Market: AEE exceeded the ZA Market which returned 20.7% over the past year.

Price Volatility

Is AEE's price volatile compared to industry and market?
AEE volatility
AEE Beta0.99
Industry Beta0.89
Market Beta1

Stable Share Price: AEE is more volatile than 90% of ZA stocks over the past 3 months, typically moving +/- 30% a week.

Volatility Over Time: AEE's weekly volatility has increased from 24% to 30% over the past year.

About the Company

FoundedEmployeesCEOWebsite
1996n/aValentine Dzvovahttps://aeei.co.za

African Equity Empowerment Investments Limited formerly known as Sekunjalo Investments Limited is a private equity firm specializing in acquisitions, PIPEs, and buyouts. It seeks to invest in companies operating in the food, fishing & brands, marine, biotherapeutics , healthcare & beauty, pharmaceuticals, information technology, telecommunication, Mobile solutions, solar energy, financial services, aquaculture, biotechnology, enterprise development, tourism, events management including entertainment, and travel sectors. The firm prefers to invest companies based in South Africa and outside South Africa in Asia, Dubai, Saudi Arabia, Spain, the UK, the USA, Ghana, Uganda, Zambia, Cameroon, Tanzania, Nigeria, Namibia, Kenya, Zimbabwe, Botswana, Ethiopia, Lesotho, Eswatini (previously Swaziland), Malawi, Mauritius, Côte d’Ivoire, France, Belgium, and Canada.

African Equity Empowerment Investments Fundamentals Summary

How do African Equity Empowerment Investments's earnings and revenue compare to its market cap?
AEE fundamental statistics
Market CapR491.02m
Earnings (TTM)-R170.40m
Revenue (TTM)R2.98b

0.2x

P/S Ratio

-2.9x

P/E Ratio


Dividends

60.0%

Current Dividend Yield

-144%

Payout Ratio

Valuation

Is African Equity Empowerment Investments undervalued compared to its fair value and its price relative to the market?

0.16x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate AEE's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate AEE's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: AEE is unprofitable, so we can't compare its PE Ratio to the ZA Capital Markets industry average.

PE vs Market: AEE 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 AEE's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: AEE is good value based on its PB Ratio (0.2x) compared to the ZA Capital Markets industry average (0.7x).


Future Growth

How is African Equity Empowerment Investments forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

7.6%

Forecasted Diversified Financials 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 African Equity Empowerment Investments 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 African Equity Empowerment Investments performed over the past 5 years?

-17.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AEE is currently unprofitable.

Growing Profit Margin: AEE is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: AEE is unprofitable, and losses have increased over the past 5 years at a rate of 17.5% per year.

Accelerating Growth: Unable to compare AEE's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: AEE is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (35.2%).


Return on Equity

High ROE: AEE has a negative Return on Equity (-2.75%), as it is currently unprofitable.


Financial Health

How is African Equity Empowerment Investments's financial position?


Financial Position Analysis

Short Term Liabilities: AEE's short term assets (ZAR4.1B) exceed its short term liabilities (ZAR694.6M).

Long Term Liabilities: AEE's short term assets (ZAR4.1B) exceed its long term liabilities (ZAR311.8M).


Debt to Equity History and Analysis

Debt Level: AEE's debt to equity ratio (0.7%) is considered satisfactory.

Reducing Debt: AEE's debt to equity ratio has reduced from 35.5% to 0.7% over the past 5 years.

Debt Coverage: AEE's debt is not well covered by operating cash flow (16.2%).

Interest Coverage: Insufficient data to determine if AEE's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is African Equity Empowerment Investments's current dividend yield, its reliability and sustainability?

60.00%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: AEE's dividend (60%) is higher than the bottom 25% of dividend payers in the ZA market (3.05%).

High Dividend: AEE's dividend (60%) is in the top 25% of dividend payers in the ZA market (8.06%)


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, AEE has been paying a dividend for less than 10 years.

Growing Dividend: AEE's dividend payments have increased, but the company has only paid a dividend for 7 years.


Current Payout to Shareholders

Dividend Coverage: AEE is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.6yrs

Average management tenure


CEO

Valentine Dzvova

1.58yrs

Tenure

R734,000

Compensation

Mrs. Valentine Colleta Dzvova serves as Chief Executive Officer and Director at African Equity Empowerment Investments Limited since July 02, 2020 and served as its Acting Chief Executive Officer since Mar...


CEO Compensation Analysis

Compensation vs Market: Valentine's total compensation ($USD50.52K) is below average for companies of similar size in the ZA market ($USD278.96K).

Compensation vs Earnings: Insufficient data to compare Valentine's compensation with company performance.


Leadership Team

Experienced Management: AEE's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.


Board Members

Experienced Board: AEE's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

African Equity Empowerment Investments Limited's employee growth, exchange listings and data sources


Key Information

  • Name: African Equity Empowerment Investments Limited
  • Ticker: AEE
  • Exchange: JSE
  • Founded: 1996
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: R491.022m
  • Shares outstanding: 491.02m
  • Website: https://aeei.co.za

Number of Employees


Location

  • African Equity Empowerment Investments Limited
  • 1st Floor, North Block
  • Waterway House
  • Cape Town
  • Western Cape
  • 8001
  • South Africa

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/19 21:42
End of Day Share Price2021/10/19 00:00
Earnings2021/02/28
Annual Earnings2020/08/31


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.