NVest Financial Holdings Limited, together with its subsidiaries, provides financial products and services in South Africa.
Price History & Performance
|Historical stock prices|
|Current Share Price||R1.94|
|52 Week High||R1.47|
|52 Week Low||R2.50|
|1 Month Change||-7.18%|
|3 Month Change||-7.62%|
|1 Year Change||17.58%|
|3 Year Change||7.78%|
|5 Year Change||-26.79%|
|Change since IPO||-11.01%|
Recent News & Updates
Does NVest Financial Holdings Limited (JSE:NVE) Have A Place In Your Dividend Portfolio?
Dividend paying stocks like NVest Financial Holdings Limited ( JSE:NVE ) tend to be popular with investors, and for...
|NVE||ZA Capital Markets||ZA Market|
Return vs Industry: NVE underperformed the ZA Capital Markets industry which returned 57.5% over the past year.
Return vs Market: NVE underperformed the ZA Market which returned 20.8% over the past year.
Stable Share Price: NVE is not significantly more volatile than the rest of ZA stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: NVE's weekly volatility (6%) has been stable over the past year.
About the Company
NVest Financial Holdings Limited, together with its subsidiaries, provides financial products and services in South Africa. The company offers short-term insurance brokerage; financial advisory and intermediary services in personal and commercial lines in the short term insurance industry; wealth management; and portfolio management services, as well as investments in direct equity/shares and listed property stocks. The company also engages in the preparation of wills, managed accounts, and the administration of deceased estates and testamentary trusts; and rental of commercial properties.
NVest Financial Holdings Fundamentals Summary
|NVE fundamental statistics|
Is NVE overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|NVE income statement (TTM)|
|Cost of Revenue||R94.51m|
Last Reported Earnings
Feb 28, 2021
Next Earnings Date
|Earnings per share (EPS)||0.26|
|Net Profit Margin||22.73%|
How did NVE perform over the long term?See historical performance and comparison
5.9%Current Dividend Yield
Is NVest Financial Holdings undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: NVE (ZAR1.94) is trading above our estimate of fair value (ZAR1.08)
Significantly Below Fair Value: NVE is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: NVE is good value based on its PE Ratio (7.6x) compared to the ZA Capital Markets industry average (11.5x).
PE vs Market: NVE is good value based on its PE Ratio (7.6x) compared to the ZA market (11.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate NVE's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NVE is overvalued based on its PB Ratio (0.9x) compared to the ZA Capital Markets industry average (0.7x).
How is NVest Financial Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 NVest Financial 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.
How has NVest Financial Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NVE has high quality earnings.
Growing Profit Margin: NVE's current net profit margins (22.7%) are higher than last year (21.1%).
Past Earnings Growth Analysis
Earnings Trend: NVE's earnings have grown by 0.9% per year over the past 5 years.
Accelerating Growth: NVE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: NVE had negative earnings growth (-4.1%) over the past year, making it difficult to compare to the Capital Markets industry average (35.2%).
Return on Equity
High ROE: NVE's Return on Equity (12.5%) is considered low.
How is NVest Financial Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: NVE's short term assets (ZAR223.2M) exceed its short term liabilities (ZAR96.6M).
Long Term Liabilities: NVE's short term assets (ZAR223.2M) exceed its long term liabilities (ZAR61.9M).
Debt to Equity History and Analysis
Debt Level: NVE's debt to equity ratio (21%) is considered satisfactory.
Reducing Debt: NVE's debt to equity ratio has reduced from 47.1% to 21% over the past 5 years.
Debt Coverage: NVE's debt is well covered by operating cash flow (62.2%).
Interest Coverage: NVE earns more interest than it pays, so coverage of interest payments is not a concern.
What is NVest Financial Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NVE's dividend (5.93%) is higher than the bottom 25% of dividend payers in the ZA market (3.11%).
High Dividend: NVE's dividend (5.93%) is low compared to the top 25% of dividend payers in the ZA market (8.07%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, NVE has been paying a dividend for less than 10 years.
Growing Dividend: NVE's dividend payments have increased, but the company has only paid a dividend for 6 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (55.5%), NVE's dividend payments are covered by earnings.
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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Anthony Godwin (61 yo)
Mr. Anthony Denis Godwin serves as the Chief Executive Officer of Nvest Financial Holdings Limited and has been its Executive Director since July 3, 2008.
CEO Compensation Analysis
Compensation vs Market: Insufficient data to establish whether Anthony's total compensation is reasonable compared to companies of similar size in the ZA market.
Compensation vs Earnings: Anthony's compensation has been consistent with company performance over the past year.
Experienced Management: NVE's management team is considered experienced (3.8 years average tenure).
Experienced Board: NVE's board of directors are considered experienced (3.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: NVE insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
NVest Financial Holdings Limited's employee growth, exchange listings and data sources
- Name: NVest Financial Holdings Limited
- Ticker: NVE
- Exchange: JSE
- Founded: 1985
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: R477.129m
- Shares outstanding: 245.94m
- Website: https://www.nvestholdings.co.za
Number of Employees
- NVest Financial Holdings Limited
- NFB House
- 42 Beach Road
- East London
- Eastern Cape
- South Africa
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/20 22:10|
|End of Day Share Price||2021/10/20 00:00|
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.