Alexander Forbes Group Holdings Limited

JSE:AFH Stock Report

Market Cap: R10.4b

Alexander Forbes Group Holdings Past Earnings Performance

Past criteria checks 1/6

Alexander Forbes Group Holdings has been growing earnings at an average annual rate of 45%, while the Capital Markets industry saw earnings growing at 13.8% annually. Revenues have been growing at an average rate of 6.2% per year. Alexander Forbes Group Holdings's return on equity is 16.5%, and it has net margins of 11%.

Key information

45.0%

Earnings growth rate

45.5%

EPS growth rate

Capital Markets Industry Growth14.4%
Revenue growth rate6.2%
Return on equity16.5%
Net Margin11.0%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Alexander Forbes Group Holdings (JSE:AFH) Has Announced A Dividend Of ZAR0.22

Dec 05
Alexander Forbes Group Holdings (JSE:AFH) Has Announced A Dividend Of ZAR0.22

Alexander Forbes Group Holdings Limited's (JSE:AFH) CEO Compensation Is Looking A Bit Stretched At The Moment

Aug 23
Alexander Forbes Group Holdings Limited's (JSE:AFH) CEO Compensation Is Looking A Bit Stretched At The Moment

Alexander Forbes Group Holdings (JSE:AFH) Will Pay A Larger Dividend Than Last Year At ZAR0.90

Jun 27
Alexander Forbes Group Holdings (JSE:AFH) Will Pay A Larger Dividend Than Last Year At ZAR0.90

Alexander Forbes Group Holdings (JSE:AFH) Is Increasing Its Dividend To ZAR0.90

Jun 13
Alexander Forbes Group Holdings (JSE:AFH) Is Increasing Its Dividend To ZAR0.90

Alexander Forbes Group Holdings Limited's (JSE:AFH) CEO Compensation Looks Acceptable To Us And Here's Why

Aug 28
Alexander Forbes Group Holdings Limited's (JSE:AFH) CEO Compensation Looks Acceptable To Us And Here's Why

If You Had Bought Alexander Forbes Group Holdings (JSE:AFH) Shares Three Years Ago You'd Have A Total Return Of Negative 14%

Feb 16
If You Had Bought Alexander Forbes Group Holdings (JSE:AFH) Shares Three Years Ago You'd Have A Total Return Of Negative 14%

Revenue & Expenses Breakdown

How Alexander Forbes Group Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

JSE:AFH Revenue, expenses and earnings (ZAR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 245,3305853,2850
30 Jun 245,1955733,2030
31 Mar 245,0595603,1200
31 Dec 234,9276183,0430
30 Sep 234,7956752,9660
30 Jun 234,6416092,8660
31 Mar 234,4875432,7650
31 Dec 224,4034852,6940
30 Sep 224,3184272,6220
30 Jun 224,2584472,5400
31 Mar 224,1984662,4580
31 Dec 214,1184372,4360
30 Sep 214,0384082,4130
30 Jun 213,9674032,3940
31 Mar 213,8953982,3750
31 Dec 203,897-2662,3870
30 Sep 203,898-9312,3990
30 Jun 203,960-9432,4140
31 Mar 204,022-9552,4280
31 Dec 194,031-2662,3680
30 Sep 194,0404222,3070
30 Jun 194,0493452,3050
31 Mar 194,0582682,3020
31 Dec 183,7832332,1470
30 Sep 183,5071981,9920
30 Jun 183,7443072,0740
31 Mar 183,9814152,1560
31 Dec 174,4784772,3540
30 Sep 174,9755392,5510
30 Jun 174,9505252,5360
31 Mar 174,9255112,5200
31 Dec 164,4734462,1560
30 Sep 164,0203811,7920
30 Jun 164,3964292,1410
31 Mar 164,7724762,4900
31 Dec 155,5595383,2080
30 Sep 156,3465993,9250
30 Jun 156,2104993,8200
31 Mar 156,0743983,7140
31 Dec 145,9461673,6260
30 Sep 145,817-653,5380
30 Jun 145,633-1713,4230
31 Mar 145,449-2773,3080
31 Dec 135,228-2083,1760

Quality Earnings: AFH has a high level of non-cash earnings.

Growing Profit Margin: AFH's current net profit margins (11%) are lower than last year (14.1%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: AFH's earnings have grown significantly by 45% per year over the past 5 years.

Accelerating Growth: AFH's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: AFH had negative earnings growth (-13.3%) over the past year, making it difficult to compare to the Capital Markets industry average (10.8%).


Return on Equity

High ROE: AFH's Return on Equity (16.5%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 01:18
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Alexander Forbes Group Holdings Limited is covered by 4 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David TalpertAvior Capital Markets
Bankole UboguDeutsche Bank
Shalin PatherMorgan Stanley