How does CND's PB Ratio compare to its peers?

CND has negative equity and a Price-To-Book Ratio (-0.5x) compared to the peer average (0.4x).

How does CND's PB Ratio compare vs other companies in the African Insurance Industry?

CND has negative equity and a Price-To-Book Ratio (-0.5x) compared to the African Insurance industry average (0.9x).

What is CND's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate CND's Price-To-Book Fair Ratio for valuation analysis.

What is the Fair Price of CND when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Insufficient data to calculate CND's fair value for valuation analysis.

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

Conduit Capital (JSE:CND) - Stock Price, News & Analysis

CND Stock Overview

Conduit Capital Limited, an investment holding company, engages in the insurance business in South Africa. More details

CND fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	0/6
Dividends	0/6

Risk Analysis

Earnings have declined by 25.3% per year over past 5 years

Does not have a meaningful market cap (ZAR28M)

Shares are highly illiquid

Negative shareholders equity

+ 1 more risk

Conduit Capital Limited Competitors

Guinea Insurance

NGSE:GUINEAINS

₦4.4b

Arab Assurers Insurance

ASE:ARAS

د.أ1.7m

NIC Holdings

UGSE:NIC

USh10.6b

LASACO Assurance

NGSE:LASACO

₦4.7b

Price History & Performance

Summary of all time highs, changes and price drops for Conduit Capital
Historical stock prices
Current Share Price	R0.04
52 Week High	R0.83
52 Week Low	R0.02
Beta	1.28
11 Month Change	0%
3 Month Change	0%
1 Year Change	-94.74%
33 Year Change	-96.90%
5 Year Change	-98.25%
Change since IPO	-99.87%

Recent updates

Shareholder Returns

	CND	ZA Insurance	ZA Market
7D	0%	2.7%	2.2%
1Y	-94.7%	33.5%	13.9%

Return vs Industry: CND underperformed the ZA Insurance industry which returned 27% over the past year.

Return vs Market: CND underperformed the ZA Market which returned -4.3% over the past year.

Price Volatility

Is CND's price volatile compared to industry and market?
CND volatility
CND Average Weekly Movement	n/a
Insurance Industry Average Movement	2.5%
Market Average Movement	4.4%
10% most volatile stocks in ZA Market	9.2%
10% least volatile stocks in ZA Market	2.6%

Stable Share Price: CND has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine CND's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1998	n/a	Sean Riskowitz	www.conduitcapital.co.za

Conduit Capital Limited, an investment holding company, engages in the insurance business. It operates through two segments, Insurance and Risk, and Investments. The company offers insurance and risk management solutions, which include medical malpractice, primary health insurance and medical gap cover, funeral and life insurance, guarantee and indemnity, medical evacuation insurance, property and casualty, heavy commercial vehicle, motor insurance, and small business and other niche line insurance products.

Conduit Capital Limited Fundamentals Summary

How do Conduit Capital's earnings and revenue compare to its market cap?
CND fundamental statistics
Market cap	R27.53m
Earnings (TTM)	-R170.59m
Revenue (TTM)	R1.05b

0.0x

P/S Ratio

-0.2x

P/E Ratio

Is CND overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CND income statement (TTM)
Revenue	R1.05b
Cost of Revenue	R533.02m
Gross Profit	R521.21m
Other Expenses	R691.80m
Earnings	-R170.59m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)	-0.25
Gross Margin	49.44%
Net Profit Margin	-16.18%
Debt/Equity Ratio	-18.0%

How did CND perform over the long term?

See historical performance and comparison

CND Stock Overview

Risk Analysis

Conduit Capital Limited Competitors

NGSE:GUINEAINS

₦4.4b

ASE:ARAS

د.أ1.7m

UGSE:NIC

USh10.6b

NGSE:LASACO

₦4.7b

Price History & Performance

Recent News & Updates

Conduit Capital Limited Ordinary Shares (South Africa) to Be Deleted from OTC Equity

Conduit Capital Limited, Annual General Meeting, Oct 01, 2024

Conduit Capital Limited Announces Change in Function of Director and Changes to the Board Committees

Conduit Capital Limited Announces Chief Executive Officer Changes

Conduit Capital Limited Announces Changes to the Board and Board Committees

Protea Asset Management LLC acquired 5.7% stake in Conduit Capital Limited (JSE:CND).

Recent updates

Conduit Capital Limited Ordinary Shares (South Africa) to Be Deleted from OTC Equity

Conduit Capital Limited, Annual General Meeting, Oct 01, 2024

Conduit Capital Limited Announces Change in Function of Director and Changes to the Board Committees

Conduit Capital Limited Announces Chief Executive Officer Changes

Conduit Capital Limited Announces Changes to the Board and Board Committees

Protea Asset Management LLC acquired 5.7% stake in Conduit Capital Limited (JSE:CND).

Affinity Financial Services Proprietary Limited entered into a share sale and purchase agreement to acquire Constantia Life & Health Assurance Co. Ltd. from Conduit Capital Limited for ZAR 20 million.

Conduit Capital Limited Announces Resignation of Ms. Nonzukiso Siyotula as the Chairperson of the Audit and Risk Committee, the Chairperson of the Social and Ethics Committee and an Independent Non-Executive Director

SCHF (M) PV, L.P. acquired unknown stake in Conduit Capital Limited (JSE:CND).

Lead Independent Non-Executive Director has left the company

Conduit Capital Announces Resignation of Mr. William N Thorndike Jr as Independent Non-Executive Director, Effective 16 March 2021

Conduit Capital Limited Appoints Melvyn Lubega as an Independent Non-Executive Director

First half 2021 earnings released: R0.075 loss per share (vs R0.44 loss in 1H 2020)

Conduit Capital Limited Announces Financial Director Changes

New 90-day high: R0.36

Conduit Capital Limited, Annual General Meeting, Jan 18, 2021

New 90-day low: R0.22

Conduit Capital Limited to Report Fiscal Year 2020 Results on Oct 31, 2020

New 90-day low - R0.45

An unknown buyer acquired a minority stake in Taste Holdings Limited (JSE:TAS) from Conduit Capital Limited (JSE:CND) and Protea Asset Management LLC.