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ISA

ISA HoldingsJSE:ISA Stock Report

Market Cap

R124.8m

7D

-1.2%

1Y

2.6%

Updated

21 Oct, 2021

Data

Company Financials
ISA fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends2/6

ISA Overview

ISA Holdings Limited, an investment holding company, provides network, Internet, and information security solutions to the sub-Saharan African market.

Price History & Performance

Summary of all time highs, changes and price drops for ISA Holdings
Historical stock prices
Current Share PriceR0.80
52 Week HighR0.60
52 Week LowR1.00
Beta0.28
1 Month Change8.11%
3 Month Change1.27%
1 Year Change2.56%
3 Year Change-36.51%
5 Year Change-37.98%
Change since IPO66.67%

Recent News & Updates

Oct 12
A Look At The Intrinsic Value Of ISA Holdings Limited (JSE:ISA)

A Look At The Intrinsic Value Of ISA Holdings Limited (JSE:ISA)

Today we'll do a simple run through of a valuation method used to estimate the attractiveness of ISA Holdings Limited...

Feb 09
What Can We Make Of ISA Holdings' (JSE:ISA) CEO Compensation?

What Can We Make Of ISA Holdings' (JSE:ISA) CEO Compensation?

The CEO of ISA Holdings Limited ( JSE:ISA ) is Clifford Katz, and this article examines the executive's compensation...

Shareholder Returns

ISAZA SoftwareZA Market
7D-1.2%4.3%-0.7%
1Y2.6%51.9%19.0%

Return vs Industry: ISA underperformed the ZA Software industry which returned 48.9% over the past year.

Return vs Market: ISA underperformed the ZA Market which returned 19.9% over the past year.

Price Volatility

Is ISA's price volatile compared to industry and market?
ISA volatility
ISA Beta0.28
Industry Beta0.48
Market Beta1

Stable Share Price: ISA is more volatile than 90% of ZA stocks over the past 3 months, typically moving +/- 14% a week.

Volatility Over Time: ISA's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of ZA stocks.

About the Company

FoundedEmployeesCEOWebsite
1998n/aClifford Katzhttps://www.isaholdings.co.za

ISA Holdings Limited, an investment holding company, provides network, Internet, and information security solutions to the sub-Saharan African market. The company offers various managed security services, such as MSS Pulse, a security infrastructure management and monitoring framework platform; and other security solutions comprising firewall, , anti-malware, authentication, remote access, content security, intrusion protection, vulnerability assessment, virtual private networking, messaging and data protection, and identity and access management solutions. The company was incorporated in 1998 and is based in Sandton, South Africa.

ISA Holdings Fundamentals Summary

How do ISA Holdings's earnings and revenue compare to its market cap?
ISA fundamental statistics
Market CapR124.80m
Earnings (TTM)R12.95m
Revenue (TTM)R67.32m

9.6x

P/E Ratio

1.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ISA income statement (TTM)
RevenueR67.32m
Cost of RevenueR28.81m
Gross ProfitR38.51m
ExpensesR25.56m
EarningsR12.95m

Last Reported Earnings

Feb 28, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.083
Gross Margin57.20%
Net Profit Margin19.23%
Debt/Equity Ratio0.0%

How did ISA perform over the long term?

See historical performance and comparison

Dividends

8.2%

Current Dividend Yield

100%

Payout Ratio

Valuation

Is ISA Holdings undervalued compared to its fair value and its price relative to the market?

9.64x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: ISA (ZAR0.8) is trading above our estimate of fair value (ZAR0.7)

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


Price To Earnings Ratio

PE vs Industry: ISA is good value based on its PE Ratio (9.6x) compared to the African Software industry average (12.1x).

PE vs Market: ISA is good value based on its PE Ratio (9.6x) compared to the ZA market (11.4x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: ISA is overvalued based on its PB Ratio (2x) compared to the XF Software industry average (1.2x).


Future Growth

How is ISA Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

22.0%

Forecasted Software 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 ISA 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.


Past Performance

How has ISA Holdings performed over the past 5 years?

-5.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ISA has high quality earnings.

Growing Profit Margin: ISA's current net profit margins (19.2%) are lower than last year (23.1%).


Past Earnings Growth Analysis

Earnings Trend: ISA's earnings have declined by 5% per year over the past 5 years.

Accelerating Growth: ISA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: ISA had negative earnings growth (-44.7%) over the past year, making it difficult to compare to the Software industry average (13.7%).


Return on Equity

High ROE: ISA's Return on Equity (20.6%) is considered high.


Financial Health

How is ISA Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: ISA's short term assets (ZAR57.2M) exceed its short term liabilities (ZAR11.7M).

Long Term Liabilities: ISA has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: ISA is debt free.

Reducing Debt: ISA had no debt 5 years ago.

Debt Coverage: ISA has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: ISA has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is ISA Holdings's current dividend yield, its reliability and sustainability?

8.25%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ISA's dividend (8.25%) is higher than the bottom 25% of dividend payers in the ZA market (3.08%).

High Dividend: ISA's dividend (8.25%) is in the top 25% of dividend payers in the ZA market (8.02%)


Stability and Growth of Payments

Stable Dividend: ISA's dividend payments have been volatile in the past 10 years.

Growing Dividend: ISA's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (100%), ISA'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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

15.1yrs

Average board tenure


CEO

Clifford Katz (51 yo)

no data

Tenure

R2,952,000

Compensation

Mr. Clifford Steve Katz, IMM serves as the Chief Executive Officer at ISA Holdings Limited. Mr. Katz served as a Company Secretary of ISA Holdings Limited from November 9, 2009 to September 1, 2012. He ser...


CEO Compensation Analysis

Compensation vs Market: Clifford's total compensation ($USD202.49K) is about average for companies of similar size in the ZA market ($USD283.52K).

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


Board Members

Experienced Board: ISA's board of directors are seasoned and experienced ( 15.1 years average tenure).


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

ISA Holdings Limited's employee growth, exchange listings and data sources


Key Information

  • Name: ISA Holdings Limited
  • Ticker: ISA
  • Exchange: JSE
  • Founded: 1998
  • Industry: Systems Software
  • Sector: Software
  • Market Cap: R124.797m
  • Shares outstanding: 156.00m
  • Website: https://www.isaholdings.co.za

Location

  • ISA Holdings Limited
  • Pinewood Office Park
  • Block 9
  • Sandton
  • Gauteng
  • South Africa

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/21 21:00
End of Day Share Price2021/10/21 00:00
Earnings2021/02/28
Annual Earnings2021/02/28


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.