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AIL

African Rainbow Capital InvestmentsJSE:AIL Stock Report

Market Cap

R6.6b

7D

4.2%

1Y

79.5%

Updated

21 Oct, 2021

Data

Company Financials
AIL fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends0/6

AIL Overview

African Rainbow Capital Investments Limited, an investment holding company, invests in a portfolio of listed and unlisted investments.

Rewards

PE ratio (7.2x) is below the ZA market (11.4x)

Earnings grew by 642.3% over the past year

Risk Analysis

No risks detected for AIL from our risk checks.

Price History & Performance

Summary of all time highs, changes and price drops for African Rainbow Capital Investments
Historical stock prices
Current Share PriceR4.99
52 Week HighR2.66
52 Week LowR5.72
Beta-0.076
1 Month Change29.95%
3 Month Change29.28%
1 Year Change79.50%
3 Year Change-12.91%
5 Year Changen/a
Change since IPO-39.88%

Recent News & Updates

Shareholder Returns

AILZA Capital MarketsZA Market
7D4.2%1.1%-0.7%
1Y79.5%54.9%19.0%

Return vs Industry: AIL exceeded the ZA Capital Markets industry which returned 56% over the past year.

Return vs Market: AIL exceeded the ZA Market which returned 19.9% over the past year.

Price Volatility

Is AIL's price volatile compared to industry and market?
AIL volatility
AIL Beta-0.076
Industry Beta0.89
Market Beta1

Stable Share Price: AIL is not significantly more volatile than the rest of ZA stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: AIL's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2015n/an/ahttps://arci.mu

African Rainbow Capital Investments Limited, an investment holding company, invests in a portfolio of listed and unlisted investments. The company was founded in 2015 and is based in Ebène, Mauritius.

African Rainbow Capital Investments Fundamentals Summary

How do African Rainbow Capital Investments's earnings and revenue compare to its market cap?
AIL fundamental statistics
Market CapR6.58b
Earnings (TTM)R913.00m
Revenue (TTM)R921.00m

7.2x

P/E Ratio

7.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
AIL income statement (TTM)
RevenueR921.00m
Cost of RevenueR0
Gross ProfitR921.00m
ExpensesR8.00m
EarningsR913.00m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.69
Gross Margin100.00%
Net Profit Margin99.13%
Debt/Equity Ratio0.0%

How did AIL perform over the long term?

See historical performance and comparison

Valuation

Is African Rainbow Capital Investments undervalued compared to its fair value and its price relative to the market?

7.2x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: AIL is good value based on its PE Ratio (7.2x) compared to the ZA Capital Markets industry average (11.5x).

PE vs Market: AIL is good value based on its PE Ratio (7.2x) compared to the ZA market (11.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate AIL's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: AIL is good value based on its PB Ratio (0.6x) compared to the ZA Capital Markets industry average (0.7x).


Future Growth

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

8.1%

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 Rainbow Capital 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 Rainbow Capital Investments performed over the past 5 years?

642.3%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: AIL has high quality earnings.

Growing Profit Margin: AIL's current net profit margins (99.1%) are higher than last year (94.6%).


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if AIL's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Insufficient data to compare AIL's past year earnings growth to its 5-year average.

Earnings vs Industry: AIL earnings growth over the past year (642.3%) exceeded the Capital Markets industry 35.2%.


Return on Equity

High ROE: AIL's Return on Equity (7.8%) is considered low.


Financial Health

How is African Rainbow Capital Investments's financial position?


Financial Position Analysis

Short Term Liabilities: AIL's short term assets (ZAR15.0M) exceed its short term liabilities (ZAR1,000.0K).

Long Term Liabilities: AIL has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: AIL is debt free.

Reducing Debt: AIL has not had any debt for past 5 years.

Debt Coverage: AIL has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: AIL has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is African Rainbow Capital Investments's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate AIL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate AIL's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if AIL's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if AIL's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of AIL'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?

2.6yrs

Average board tenure


CEO

African Rainbow Capital Investments has no CEO, or we have no data on them.


Board Members

Experienced Board: AIL's board of directors are not considered experienced ( 2.6 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.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

African Rainbow Capital Investments Limited's employee growth, exchange listings and data sources


Key Information

  • Name: African Rainbow Capital Investments Limited
  • Ticker: AIL
  • Exchange: JSE
  • Founded: 2015
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: R6.576b
  • Shares outstanding: 1.32b
  • Website: https://arci.mu

Location

  • African Rainbow Capital Investments Limited
  • Alexander House
  • Level 3
  • Ebene
  • 72201
  • Mauritius

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/21 21:05
End of Day Share Price2021/10/21 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.