Zarclear Holdings Limited, an investment holding company, invests in hedge funds and other investments, including loans to private equity portfolio companies in South Africa and internationally.
Price History & Performance
|Historical stock prices|
|Current Share Price||R4.60|
|52 Week High||R3.25|
|52 Week Low||R6.00|
|1 Month Change||0%|
|3 Month Change||9.52%|
|1 Year Change||5.02%|
|3 Year Change||26.03%|
|5 Year Change||n/a|
|Change since IPO||17.95%|
Recent News & Updates
|ZCL||ZA Capital Markets||ZA Market|
Return vs Industry: ZCL underperformed the ZA Capital Markets industry which returned 55.5% over the past year.
Return vs Market: ZCL underperformed the ZA Market which returned 21.3% over the past year.
Stable Share Price: ZCL is less volatile than 75% of ZA stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: ZCL's weekly volatility (3%) has been stable over the past year.
About the Company
Zarclear Holdings Limited, an investment holding company, invests in hedge funds and other investments, including loans to private equity portfolio companies in South Africa and internationally. The investments are likely to be in regulated exchanges, trade repositories, clearing houses, securities depositories and investment and technology platforms within the financial markets sector in general and South Africa. Zarclear Holdings Limited was formerly known as Sandown Capital Limited and changed its name in December 2018.
Zarclear Holdings Fundamentals Summary
|ZCL fundamental statistics|
Is ZCL overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ZCL income statement (TTM)|
|Cost of Revenue||R58.69m|
Last Reported Earnings
Jun 30, 2020
Next Earnings Date
|Earnings per share (EPS)||0.16|
|Net Profit Margin||37.77%|
How did ZCL perform over the long term?See historical performance and comparison
Is Zarclear 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: Insufficient data to calculate ZCL's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate ZCL's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: ZCL is poor value based on its PE Ratio (28.5x) compared to the ZA Capital Markets industry average (11.3x).
PE vs Market: ZCL is poor value based on its PE Ratio (28.5x) compared to the ZA market (11.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ZCL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ZCL's PB Ratio (0.8x) is in line with the ZA Capital Markets industry average.
How is Zarclear 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 Zarclear 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 Zarclear Holdings performed over the past 5 years?
Last years revenue growth
Earnings and Revenue History
Quality Earnings: ZCL has high quality earnings.
Growing Profit Margin: ZCL became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: ZCL has become profitable over the past 5 years.
Accelerating Growth: ZCL has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: ZCL has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (35.2%).
Return on Equity
High ROE: ZCL's Return on Equity (2.9%) is considered low.
How is Zarclear Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: ZCL's short term assets (ZAR1.9B) exceed its short term liabilities (ZAR1.1B).
Long Term Liabilities: ZCL's short term assets (ZAR1.9B) exceed its long term liabilities (ZAR96.0K).
Debt to Equity History and Analysis
Debt Level: ZCL is debt free.
Reducing Debt: ZCL has no debt compared to 5 years ago when its debt to equity ratio was 1.7%.
Debt Coverage: ZCL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ZCL has no debt, therefore coverage of interest payments is not a concern.
What is Zarclear Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ZCL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ZCL'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 ZCL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ZCL's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: ZCL is not paying a notable dividend for the ZA market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ZCL's dividend in 3 years as they are not forecast to pay a notable one for the ZA market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Warren Chapman (49 yo)
Mr. Warren Hampden Chapman, B. Com, CFA., has been Chief Executive Officer and Executive Director of Zarclear Holdings Limited (also known as Sandown Capital Limited) since September 5, 2018. Mr. Chapman i...
CEO Compensation Analysis
Compensation vs Market: Warren's total compensation ($USD62.10K) is below average for companies of similar size in the ZA market ($USD280.19K).
Compensation vs Earnings: Warren's compensation has been consistent with company performance over the past year.
Experienced Board: ZCL's board of directors are considered experienced (3.1 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Zarclear Holdings Limited's employee growth, exchange listings and data sources
- Name: Zarclear Holdings Limited
- Ticker: ZCL
- Exchange: JSE
- Founded: 2000
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: R1.040b
- Shares outstanding: 226.07m
- Website: https://www.zarclear.com
- Zarclear Holdings Limited
- Katherine Towers
- 9th floor
- South Africa
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/18 21:45|
|End of Day Share Price||2021/10/18 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.