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SBP

Sabvest CapitalJSE:SBP Stock Report

Market Cap

R2.3b

7D

8.0%

1Y

108.1%

Updated

20 Oct, 2021

Data

Company Financials
SBP fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance5/6
Financial Health5/6
Dividends0/6

SBP Overview

Sabvest Capital Limited is a private equity and venture capital firm specializing in early venture, mid venture, late venture, emerging growth, growth capital and management buyouts.

Rewards

PE ratio (3x) is below the ZA market (11.4x)

Earnings grew by 359.8% over the past year

Risk Analysis

SBP passed our risk checks.

Price History & Performance

Summary of all time highs, changes and price drops for Sabvest Capital
Historical stock prices
Current Share PriceR57.24
52 Week HighR25.26
52 Week LowR58.51
Beta0
1 Month Change11.15%
3 Month Change20.51%
1 Year Change108.15%
3 Year Changen/a
5 Year Changen/a
Change since IPO100.84%

Recent News & Updates

Oct 17
Is Now The Time To Put Sabvest Capital (JSE:SBP) On Your Watchlist?

Is Now The Time To Put Sabvest Capital (JSE:SBP) On Your Watchlist?

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...

Shareholder Returns

SBPZA Capital MarketsZA Market
7D8.0%4.2%1.0%
1Y108.1%57.5%20.8%

Return vs Industry: SBP exceeded the ZA Capital Markets industry which returned 57.5% over the past year.

Return vs Market: SBP exceeded the ZA Market which returned 20.8% over the past year.

Price Volatility

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

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

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

About the Company

FoundedEmployeesCEOWebsite
n/a8Chris Seabrookehttps://www.sabvest.com

Sabvest Capital Limited is a private equity and venture capital firm specializing in early venture, mid venture, late venture, emerging growth, growth capital and management buyouts. It seeks to invest equity interests in listed and unlisted companies. It usually invests in companies where key management has meaningful interests or in family managed businesses.

Sabvest Capital Fundamentals Summary

How do Sabvest Capital's earnings and revenue compare to its market cap?
SBP fundamental statistics
Market CapR2.30b
Earnings (TTM)R774.63m
Revenue (TTM)R997.83m

3.0x

P/E Ratio

2.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SBP income statement (TTM)
RevenueR997.83m
Cost of RevenueR5.44m
Gross ProfitR992.38m
ExpensesR217.76m
EarningsR774.63m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)19.27
Gross Margin99.45%
Net Profit Margin77.63%
Debt/Equity Ratio7.8%

How did SBP perform over the long term?

See historical performance and comparison

Dividends

0.7%

Current Dividend Yield

2%

Payout Ratio

Valuation

Is Sabvest Capital undervalued compared to its fair value and its price relative to the market?

2.97x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: SBP (ZAR57.24) is trading above our estimate of fair value (ZAR11.75)

Significantly Below Fair Value: SBP is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: SBP is good value based on its PE Ratio (3x) compared to the ZA Capital Markets industry average (11.5x).

PE vs Market: SBP is good value based on its PE Ratio (3x) compared to the ZA market (11.4x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: SBP's PB Ratio (0.7x) is in line with the ZA Capital Markets industry average.


Future Growth

How is Sabvest Capital 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 Sabvest Capital 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 Sabvest Capital performed over the past 5 years?

11.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SBP has high quality earnings.

Growing Profit Margin: SBP's current net profit margins (77.6%) are lower than last year (96.3%).


Past Earnings Growth Analysis

Earnings Trend: SBP's earnings have grown by 11.9% per year over the past 5 years.

Accelerating Growth: SBP's earnings growth over the past year (359.8%) exceeds its 5-year average (11.9% per year).

Earnings vs Industry: SBP earnings growth over the past year (359.8%) exceeded the Capital Markets industry 35.2%.


Return on Equity

High ROE: SBP's Return on Equity (23.4%) is considered high.


Financial Health

How is Sabvest Capital's financial position?


Financial Position Analysis

Short Term Liabilities: SBP's short term assets (ZAR204.6M) exceed its short term liabilities (ZAR44.6M).

Long Term Liabilities: SBP's short term assets (ZAR204.6M) do not cover its long term liabilities (ZAR463.7M).


Debt to Equity History and Analysis

Debt Level: SBP's debt to equity ratio (7.8%) is considered satisfactory.

Reducing Debt: SBP's debt to equity ratio has reduced from 10.3% to 7.8% over the past 5 years.

Debt Coverage: SBP's debt is well covered by operating cash flow (64.2%).

Interest Coverage: SBP's interest payments on its debt are well covered by EBIT (39.9x coverage).


Balance Sheet


Dividend

What is Sabvest Capital current dividend yield, its reliability and sustainability?

0.70%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: SBP's dividend (0.7%) isn’t notable compared to the bottom 25% of dividend payers in the ZA market (3.11%).

High Dividend: SBP's dividend (0.7%) is low compared to the top 25% of dividend payers in the ZA market (8.07%).


Stability and Growth of Payments

Stable Dividend: SBP is not paying a notable dividend for the ZA market, therefore no need to check if payments are stable.

Growing Dividend: SBP is not paying a notable dividend for the ZA market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: SBP is not paying a notable dividend for the ZA market.


Future Payout to Shareholders

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

1.8yrs

Average management tenure


CEO

Chris Seabrooke (68 yo)

34.75yrs

Tenure

R15,037,000

Compensation

Mr. Christopher Stefan Seabrooke, also known as Chris, BCom, BAcc, MBA, FCMA serves as an Independent Non-Executive Director at Metrofile Holdings Limited. Mr. Seabrooke serves as the Chief Executive Offic...


CEO Compensation Analysis

Compensation vs Market: Chris's total compensation ($USD1.04M) is above average for companies of similar size in the ZA market ($USD473.63K).

Compensation vs Earnings: Chris's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: SBP's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: SBP's board of directors are not considered experienced ( 2.5 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: SBP 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

Sabvest Capital Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Sabvest Capital Limited
  • Ticker: SBP
  • Exchange: JSE
  • Founded: NaN
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: R2.300b
  • Shares outstanding: 40.19m
  • Website: https://www.sabvest.com

Number of Employees


Location

  • Sabvest Capital Limited
  • Building 4
  • Ground Floor
  • Sandton
  • Gauteng
  • 2196
  • South Africa

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/20 17:04
End of Day Share Price2021/10/19 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.