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ATI

Afristrat Investment HoldingsJSE:ATI Stock Report

Market Cap

R594.5m

7D

0%

1Y

0%

Updated

25 Oct, 2021

Data

Company Financials
ATI fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
Dividends0/6

ATI Overview

Afristrat Investment Holdings Limited, together with its subsidiaries, provides financial services in South Africa, Botswana, Zambia, Eswatini, and Mauritius.

Price History & Performance

Summary of all time highs, changes and price drops for Afristrat Investment Holdings
Historical stock prices
Current Share PriceR0.01
52 Week HighR0.01
52 Week LowR0.01
Beta0.24
1 Month Change0%
3 Month Change0%
1 Year Change0%
3 Year Change-95.65%
5 Year Change-93.75%
Change since IPO-99.99%

Recent News & Updates

Shareholder Returns

ATIZA Diversified FinancialZA Market
7D0%-2.5%-0.3%
1Y0%32.0%19.5%

Return vs Industry: ATI underperformed the ZA Diversified Financial industry which returned 30.1% over the past year.

Return vs Market: ATI underperformed the ZA Market which returned 19% over the past year.

Price Volatility

Is ATI's price volatile compared to industry and market?
ATI volatility
ATI Beta0.24
Industry Beta0.67
Market Beta1

Stable Share Price: ATI is less volatile than 75% of ZA stocks over the past 3 months, typically moving +/- 0% a week.

Volatility Over Time: ATI's weekly volatility (0%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/an/aGeorge Manyerehttps://www.afristrat.co.za

Afristrat Investment Holdings Limited, together with its subsidiaries, provides financial services in South Africa, Botswana, Zambia, Eswatini, and Mauritius. The company operates through Credit, Investment Services, Equity Holdings, and Corportae segments. It offers secured credit funding to commercial clients, such as business credit in the form of medium-term loans subject to security cover; and supply chain and/or enterprise development solutions to integrate vendors into the supply chain.

Afristrat Investment Holdings Fundamentals Summary

How do Afristrat Investment Holdings's earnings and revenue compare to its market cap?
ATI fundamental statistics
Market CapR594.46m
Earnings (TTM)-R538.28m
Revenue (TTM)n/a

-9.6x

P/S Ratio

-1.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ATI income statement (TTM)
Revenue-R62.27m
Cost of RevenueR61.30m
Gross Profit-R123.57m
ExpensesR414.71m
Earnings-R538.28m

Last Reported Earnings

Mar 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0091
Gross Margin198.45%
Net Profit Margin864.48%
Debt/Equity Ratio-463.3%

How did ATI perform over the long term?

See historical performance and comparison

Valuation

Is Afristrat Investment Holdings undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Afristrat Investment Holdings is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Afristrat Investment Holdings has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Future Growth

How is Afristrat Investment Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

16.8%

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 Afristrat Investment Holdings 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 Afristrat Investment Holdings performed over the past 5 years?

-59.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ATI is currently unprofitable.

Growing Profit Margin: ATI is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ATI is unprofitable, and losses have increased over the past 5 years at a rate of 59.8% per year.

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

Earnings vs Industry: ATI is unprofitable, making it difficult to compare its past year earnings growth to the Diversified Financial industry (32.9%).


Return on Equity

High ROE: ATI's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Financial Health

How is Afristrat Investment Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: ATI has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: ATI has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: ATI has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: ATI's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: ATI has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: ATI has less than a year of cash runway if free cash flow continues to reduce at historical rates of 47.4% each year


Dividend

What is Afristrat Investment Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate ATI'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 ATI's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ATI'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 ATI'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?

1.5yrs

Average management tenure


CEO

George Manyere (44 yo)

1.5yrs

Tenure

R3,275,000

Compensation

Mr. George Manyere, B.Acc (Hons), is a Founder and Chief Executive Officer at MHMK Group Limited. He serves as Chief Executive Officer at Afristrat Investment Holdings Limited (formerly known as Ecsponent...


CEO Compensation Analysis

Compensation vs Market: George's total compensation ($USD222.64K) is about average for companies of similar size in the ZA market ($USD278.61K).

Compensation vs Earnings: George's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: ATI's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.


Board Members

Experienced Board: ATI's board of directors are not considered experienced ( 1.5 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

Afristrat Investment Holdings Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Afristrat Investment Holdings Limited
  • Ticker: ATI
  • Exchange: JSE
  • Founded: NaN
  • Industry: Specialized Finance
  • Sector: Diversified Financials
  • Market Cap: R594.459m
  • Shares outstanding: 59.45b
  • Website: https://www.afristrat.co.za

Location

  • Afristrat Investment Holdings Limited
  • 43 Garsfontein Road
  • 1st Floor
  • Pretoria
  • Gauteng
  • 145
  • South Africa

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/25 21:36
End of Day Share Price2021/10/25 00:00
Earnings2021/03/31
Annual Earnings2021/03/31


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.