| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 1/6 |
| Financial Health | 5/6 |
| Dividends | 2/6 |
VUN Overview
Vunani Limited operates in the financial services industry in South Africa.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | R2.96 |
| 52 Week High | R2.01 |
| 52 Week Low | R3.01 |
| Beta | 0.077 |
| 1 Month Change | 3.86% |
| 3 Month Change | -1.33% |
| 1 Year Change | 16.08% |
| 3 Year Change | 28.70% |
| 5 Year Change | 79.39% |
| Change since IPO | -95.26% |
Recent News & Updates
Vunani Limited (JSE:VUN) Has Got What It Takes To Be An Attractive Dividend Stock
Dividend paying stocks like Vunani Limited ( JSE:VUN ) tend to be popular with investors, and for good reason - some...
Shareholder Returns
| VUN | ZA Capital Markets | ZA Market | |
|---|---|---|---|
| 7D | 3.9% | 6.3% | 0.7% |
| 1Y | 16.1% | 58.6% | 20.7% |
Return vs Industry: VUN underperformed the ZA Capital Markets industry which returned 55.5% over the past year.
Return vs Market: VUN underperformed the ZA Market which returned 21.3% over the past year.
Price Volatility
| VUN volatility | |
|---|---|
| VUN Beta | 0.077 |
| Industry Beta | 0.89 |
| Market Beta | 1 |
Stable Share Price: VUN is not significantly more volatile than the rest of ZA stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: VUN's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1997 | 339 | Butana Khoza | https://www.vunanilimited.co.za |
Vunani Limited operates in the financial services industry in South Africa. It operates through Fund Management, Asset Administration, Insurance, and Investment Banking segments. The company offers institutional and retail products, including equities, bonds, inflation-linked bonds, and property, absolute return, and smart beta funds.
Vunani Fundamentals Summary
| VUN fundamental statistics | |
|---|---|
| Market Cap | R481.03m |
| Earnings (TTM) | R42.17m |
| Revenue (TTM) | R623.35m |
11.3x
P/E Ratio0.8x
P/S RatioIs VUN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| VUN income statement (TTM) | |
|---|---|
| Revenue | R623.35m |
| Cost of Revenue | R315.05m |
| Gross Profit | R308.30m |
| Expenses | R266.13m |
| Earnings | R42.17m |
Last Reported Earnings
Aug 31, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.26 |
| Gross Margin | 49.46% |
| Net Profit Margin | 6.77% |
| Debt/Equity Ratio | 20.1% |
How did VUN perform over the long term?
See historical performance and comparisonDividends
4.7%
Current Dividend Yield53%
Payout RatioDoes VUN pay a reliable dividends?
See VUN dividend history and benchmarks| Vunani dividend dates | |
|---|---|
| Ex Dividend Date | Nov 10 2021 |
| Dividend Pay Date | Nov 15 2021 |
| Days until Ex dividend | 21 days |
| Days until Dividend pay date | 26 days |
Does VUN pay a reliable dividends?
See VUN dividend history and benchmarksValuation
Is Vunani undervalued compared to its fair value and its price relative to the market?
11.29x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: VUN (ZAR2.99) is trading above our estimate of fair value (ZAR2.34)
Significantly Below Fair Value: VUN is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: VUN is poor value based on its PE Ratio (11.4x) compared to the ZA Capital Markets industry average (11.3x).
PE vs Market: VUN is poor value based on its PE Ratio (11.4x) compared to the ZA market (11.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate VUN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: VUN is overvalued based on its PB Ratio (1.6x) compared to the ZA Capital Markets industry average (0.7x).
Future Growth
How is Vunani forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
7.4%
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 Vunani 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 Vunani performed over the past 5 years?
5.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: VUN has a large one-off loss of ZAR145.1M impacting its August 31 2021 financial results.
Growing Profit Margin: VUN's current net profit margins (6.8%) are lower than last year (16%).
Past Earnings Growth Analysis
Earnings Trend: VUN's earnings have grown by 5% per year over the past 5 years.
Accelerating Growth: VUN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: VUN had negative earnings growth (-41%) over the past year, making it difficult to compare to the Capital Markets industry average (35.2%).
Return on Equity
High ROE: VUN's Return on Equity (6.2%) is considered low.
Financial Health
How is Vunani's financial position?
Financial Position Analysis
Short Term Liabilities: VUN's short term assets (ZAR396.2M) exceed its short term liabilities (ZAR268.6M).
Long Term Liabilities: VUN's short term assets (ZAR396.2M) do not cover its long term liabilities (ZAR546.7M).
Debt to Equity History and Analysis
Debt Level: VUN's debt to equity ratio (20.1%) is considered satisfactory.
Reducing Debt: VUN's debt to equity ratio has reduced from 27.3% to 20.1% over the past 5 years.
Debt Coverage: VUN's debt is well covered by operating cash flow (95.3%).
Interest Coverage: VUN's interest payments on its debt are well covered by EBIT (130.8x coverage).
Balance Sheet
Dividend
What is Vunani current dividend yield, its reliability and sustainability?
4.73%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: VUN's dividend (4.68%) is higher than the bottom 25% of dividend payers in the ZA market (3.07%).
High Dividend: VUN's dividend (4.68%) is low compared to the top 25% of dividend payers in the ZA market (8.09%).
Stability and Growth of Payments
Stable Dividend: VUN has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: VUN's dividend payments have increased, but the company has only paid a dividend for 8 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (53.2%), VUN'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.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
7.2yrs
Average board tenure
CEO
Butana Khoza (54 yo)
1.5yrs
Tenure
R7,982,000
Compensation
Mr. Butana Mangaliso Khoza, BCom, PG Dip. (Accounting), CA (SA) serves as Chief Executive Officer at Vunani Limited since April 01, 2020. He is Founding Partner of Vunani Limited and serves as its Executiv...
CEO Compensation Analysis
Compensation vs Market: Butana's total compensation ($USD543.48K) is above average for companies of similar size in the ZA market ($USD280.19K).
Compensation vs Earnings: Butana's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Board Members
Experienced Board: VUN's board of directors are considered experienced (7.2 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: VUN insiders have bought and sold the same number of shares 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
Vunani Limited's employee growth, exchange listings and data sources
Key Information
- Name: Vunani Limited
- Ticker: VUN
- Exchange: JSE
- Founded: 1997
- Industry: Diversified Capital Markets
- Sector: Diversified Financials
- Market Cap: R481.032m
- Shares outstanding: 160.88m
- Website: https://www.vunanilimited.co.za
Number of Employees
Location
- Vunani Limited
- Vunani House
- Vunani Office Park
- Sandton
- Gauteng
- 2196
- South Africa
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/19 17:04 |
| End of Day Share Price | 2021/10/19 00:00 |
| Earnings | 2021/08/31 |
| Annual Earnings | 2021/02/28 |
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.