Clientèle Limited, through its subsidiaries, provides financial products and services in South Africa.
Price History & Performance
|Historical stock prices|
|Current Share Price||R9.70|
|52 Week High||R7.56|
|52 Week Low||R11.18|
|1 Month Change||-7.80%|
|3 Month Change||0.94%|
|1 Year Change||10.86%|
|3 Year Change||-43.61%|
|5 Year Change||-37.82%|
|Change since IPO||29.33%|
Recent News & Updates
|CLI||ZA Insurance||ZA Market|
Return vs Industry: CLI underperformed the ZA Insurance industry which returned 27.1% over the past year.
Return vs Market: CLI underperformed the ZA Market which returned 20.7% over the past year.
Stable Share Price: CLI is not significantly more volatile than the rest of ZA stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: CLI's weekly volatility (5%) has been stable over the past year.
About the Company
Clientèle Limited, through its subsidiaries, provides financial products and services in South Africa. It operates in three segments: Long-Term Insurance, Short-Term Insurance, and CBC Rewards and Clientèle Mobile. The company underwrites, markets, and distributes insurance and investment products.
Clientèle Fundamentals Summary
|CLI fundamental statistics|
Is CLI overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CLI income statement (TTM)|
|Cost of Revenue||R1.70b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||1.17|
|Net Profit Margin||13.68%|
How did CLI perform over the long term?See historical performance and comparison
11.3%Current Dividend Yield
Is Clientèle undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CLI (ZAR9.7) is trading below our estimate of fair value (ZAR13.39)
Significantly Below Fair Value: CLI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CLI is good value based on its PE Ratio (8.3x) compared to the ZA Insurance industry average (20.7x).
PE vs Market: CLI is good value based on its PE Ratio (8.3x) compared to the ZA market (11.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CLI's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CLI is overvalued based on its PB Ratio (3x) compared to the ZA Insurance industry average (2.1x).
How is Clientèle forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Insurance 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 Clientèle 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 Clientèle performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CLI has high quality earnings.
Growing Profit Margin: CLI's current net profit margins (13.7%) are higher than last year (10.5%).
Past Earnings Growth Analysis
Earnings Trend: CLI's earnings have declined by 5.7% per year over the past 5 years.
Accelerating Growth: CLI's earnings growth over the past year (19.4%) exceeds its 5-year average (-5.7% per year).
Earnings vs Industry: CLI earnings growth over the past year (19.4%) underperformed the Insurance industry 117.2%.
Return on Equity
High ROE: CLI's Return on Equity (36.3%) is considered high.
How is Clientèle's financial position?
Financial Position Analysis
Short Term Liabilities: CLI's short term assets (ZAR9.1B) exceed its short term liabilities (ZAR222.2M).
Long Term Liabilities: CLI's short term assets (ZAR9.1B) exceed its long term liabilities (ZAR8.4B).
Debt to Equity History and Analysis
Debt Level: CLI's debt to equity ratio (10.2%) is considered satisfactory.
Reducing Debt: CLI's debt to equity ratio has reduced from 11.5% to 10.2% over the past 5 years.
Debt Coverage: CLI's debt is well covered by operating cash flow (324.4%).
Interest Coverage: CLI's interest payments on its debt are well covered by EBIT (44.4x coverage).
What is Clientèle current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CLI's dividend (11.34%) is higher than the bottom 25% of dividend payers in the ZA market (3.05%).
High Dividend: CLI's dividend (11.34%) is in the top 25% of dividend payers in the ZA market (8.06%)
Stability and Growth of Payments
Stable Dividend: CLI's dividend payments have been volatile in the past 10 years.
Growing Dividend: CLI's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (94%), CLI's dividend payments are not well 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
Basil Reekie (48 yo)
Mr. Basil William Reekie, B.Sc (Hons), FASSA has been the Managing Director of Clientele Limited since July 1, 2013. Mr. Reekie served as the Managing Director of Clientele Life from May 2008 to June 2020....
CEO Compensation Analysis
Compensation vs Market: Basil's total compensation ($USD1.15M) is above average for companies of similar size in the ZA market ($USD478.25K).
Compensation vs Earnings: Basil's compensation has increased by more than 20% in the past year.
Experienced Management: CLI's management team is seasoned and experienced (7.8 years average tenure).
Experienced Board: CLI's board of directors are seasoned and experienced ( 10.3 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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Clientèle Limited's employee growth, exchange listings and data sources
- Name: Clientèle Limited
- Ticker: CLI
- Exchange: JSE
- Founded: NaN
- Industry: Life and Health Insurance
- Sector: Insurance
- Market Cap: R3.253b
- Shares outstanding: 335.32m
- Website: https://www.clientele.co.za
Number of Employees
- Clientèle Limited
- ClientEle Office Park
- Corner Rivonia and Alon Roads
- South Africa
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/19 21:40|
|End of Day Share Price||2021/10/19 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.