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SVB

SilverBridge HoldingsJSE:SVB Stock Report

Market Cap

R32.6m

7D

0.8%

1Y

20.4%

Updated

18 Oct, 2021

Data

Company Financials
SVB fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance4/6
Financial Health6/6
Dividends2/6

SVB Overview

SilverBridge Holdings Limited, together with its subsidiaries, provides business solutions to the financial services industry.

Price History & Performance

Summary of all time highs, changes and price drops for SilverBridge Holdings
Historical stock prices
Current Share PriceR1.30
52 Week HighR0.51
52 Week LowR1.49
Beta0.69
1 Month Change-2.26%
3 Month Change23.81%
1 Year Change20.37%
3 Year Change13.04%
5 Year Change-53.57%
Change since IPO-61.77%

Recent News & Updates

Sep 28
SilverBridge Holdings Limited's (JSE:SVB) 62% Price Boost Is Out Of Tune With Earnings

SilverBridge Holdings Limited's (JSE:SVB) 62% Price Boost Is Out Of Tune With Earnings

SilverBridge Holdings Limited ( JSE:SVB ) shareholders are no doubt pleased to see that the share price has bounced 62...

Shareholder Returns

SVBZA SoftwareZA Market
7D0.8%-0.8%1.6%
1Y20.4%32.5%21.3%

Return vs Industry: SVB underperformed the ZA Software industry which returned 32.5% over the past year.

Return vs Market: SVB matched the ZA Market which returned 21.3% over the past year.

Price Volatility

Is SVB's price volatile compared to industry and market?
SVB volatility
SVB Beta0.69
Industry Beta0.48
Market Beta1

Stable Share Price: SVB is more volatile than 90% of ZA stocks over the past 3 months, typically moving +/- 32% a week.

Volatility Over Time: SVB's weekly volatility has increased from 20% to 32% over the past year.

About the Company

FoundedEmployeesCEOWebsite
1995n/aJaco Swanepoelhttps://www.silverbridge.co.za

SilverBridge Holdings Limited, together with its subsidiaries, provides business solutions to the financial services industry. The company provides Exergy, an insurance software solution that administers life, group schemes, EB, and pensions on one system; and FAIS Compliance, which facilitates the remote management of FAIS fit and proper and complaints. It also offers data solutions; and TOM, an artificial intelligence technology that digitalizes business processes to enhance customer efficiency and service.

SilverBridge Holdings Fundamentals Summary

How do SilverBridge Holdings's earnings and revenue compare to its market cap?
SVB fundamental statistics
Market CapR32.56m
Earnings (TTM)R3.28m
Revenue (TTM)R96.48m

9.9x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SVB income statement (TTM)
RevenueR96.48m
Cost of RevenueR71.38m
Gross ProfitR25.10m
ExpensesR21.82m
EarningsR3.28m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.13
Gross Margin26.01%
Net Profit Margin3.40%
Debt/Equity Ratio0%

How did SVB perform over the long term?

See historical performance and comparison

Dividends

3.8%

Current Dividend Yield

40%

Payout Ratio

Valuation

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

9.93x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: SVB (ZAR1.3) is trading above our estimate of fair value (ZAR0.51)

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


Price To Earnings Ratio

PE vs Industry: SVB is good value based on its PE Ratio (9.9x) compared to the African Software industry average (11.9x).

PE vs Market: SVB is good value based on its PE Ratio (9.9x) compared to the ZA market (11.2x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: SVB is good value based on its PB Ratio (0.7x) compared to the XF Software industry average (1.2x).


Future Growth

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

21.7%

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 SilverBridge 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 SilverBridge Holdings performed over the past 5 years?

-42.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SVB has high quality earnings.

Growing Profit Margin: SVB's current net profit margins (3.4%) are higher than last year (2.8%).


Past Earnings Growth Analysis

Earnings Trend: SVB's earnings have declined by 42.9% per year over the past 5 years.

Accelerating Growth: SVB's earnings growth over the past year (29.7%) exceeds its 5-year average (-42.9% per year).

Earnings vs Industry: SVB earnings growth over the past year (29.7%) exceeded the Software industry 13.7%.


Return on Equity

High ROE: SVB's Return on Equity (6.6%) is considered low.


Financial Health

How is SilverBridge Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: SVB's short term assets (ZAR36.7M) exceed its short term liabilities (ZAR9.7M).

Long Term Liabilities: SVB's short term assets (ZAR36.7M) exceed its long term liabilities (ZAR3.8M).


Debt to Equity History and Analysis

Debt Level: SVB is debt free.

Reducing Debt: SVB has not had any debt for past 5 years.

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

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


Balance Sheet


Dividend

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

3.85%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: SVB's dividend (3.85%) is higher than the bottom 25% of dividend payers in the ZA market (3.07%).

High Dividend: SVB's dividend (3.85%) is low compared to the top 25% of dividend payers in the ZA market (8.09%).


Stability and Growth of Payments

Stable Dividend: SVB has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: SVB has only been paying a dividend for 6 years, and since then payments have not increased.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (40.5%), SVB's dividend payments are 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?

3.8yrs

Average management tenure


CEO

Jaco Swanepoel (61 yo)

15.83yrs

Tenure

R3,466,000

Compensation

Mr. Jacobus Stephanus Swanepoel, also known as Jaco, has been the Chief Executive Officer of SilverBridge Holdings Limited since December 30, 2005 and has been its Executive Director since December 12, 200...


CEO Compensation Analysis

Compensation vs Market: Jaco's total compensation ($USD235.99K) is about average for companies of similar size in the ZA market ($USD280.19K).

Compensation vs Earnings: Jaco's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: SVB's management team is considered experienced (3.8 years average tenure).


Board Members

Experienced Board: SVB's board of directors are considered experienced (9.4 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.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

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


Key Information

  • Name: SilverBridge Holdings Limited
  • Ticker: SVB
  • Exchange: JSE
  • Founded: 1995
  • Industry: Application Software
  • Sector: Software
  • Market Cap: R32.560m
  • Shares outstanding: 25.05m
  • Website: https://www.silverbridge.co.za

Number of Employees


Location

  • SilverBridge Holdings Limited
  • Castle Walk Corporate Park
  • Block D
  • Pretoria
  • Gauteng
  • 48
  • South Africa

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/18 21:42
End of Day Share Price2021/10/18 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.