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AVV

Alviva HoldingsJSE:AVV Stock Report

Market Cap

R1.7b

7D

-1.7%

1Y

73.1%

Updated

25 Oct, 2021

Data

Company Financials
AVV fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance4/6
Financial Health3/6
Dividends2/6

AVV Overview

Alviva Holdings Limited, together with its subsidiaries, provides information and communication technology (ICT) products and services in South Africa, rest of Africa, and internationally.

Alviva Holdings Competitors

Datatec

JSE:DTC

R8.0b

MTN Group

JSE:MTN

R244.0b

Vodacom Group

JSE:VOD

R232.0b

Reunert

JSE:RLO

R7.9b

Price History & Performance

Summary of all time highs, changes and price drops for Alviva Holdings
Historical stock prices
Current Share PriceR15.15
52 Week HighR5.41
52 Week LowR16.00
Beta0.70
1 Month Change0.80%
3 Month Change18.82%
1 Year Change73.14%
3 Year Change-13.03%
5 Year Change-15.36%
Change since IPO4,228.57%

Recent News & Updates

Sep 29
Alviva Holdings (JSE:AVV) Is Increasing Its Dividend To R0.29

Alviva Holdings (JSE:AVV) Is Increasing Its Dividend To R0.29

Alviva Holdings Limited ( JSE:AVV ) has announced that it will be increasing its dividend on the 15th of November to...

Mar 01
How Much Are Alviva Holdings Limited (JSE:AVV) Insiders Spending On Buying Shares?

How Much Are Alviva Holdings Limited (JSE:AVV) Insiders Spending On Buying Shares?

It is not uncommon to see companies perform well in the years after insiders buy shares. On the other hand, we'd be...

Jan 25
Here's Why We Think Alviva Holdings's (JSE:AVV) Statutory Earnings Might Be Conservative

Here's Why We Think Alviva Holdings's (JSE:AVV) Statutory Earnings Might Be Conservative

Statistically speaking, it is less risky to invest in profitable companies than in unprofitable ones. Having said that...

Shareholder Returns

AVVZA ElectronicZA Market
7D-1.7%-0.4%-0.3%
1Y73.1%17.2%19.5%

Return vs Industry: AVV exceeded the ZA Electronic industry which returned 17.8% over the past year.

Return vs Market: AVV exceeded the ZA Market which returned 19% over the past year.

Price Volatility

Is AVV's price volatile compared to industry and market?
AVV volatility
AVV Beta0.70
Industry Beta1
Market Beta1

Stable Share Price: AVV is not significantly more volatile than the rest of ZA stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: AVV's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19862,834Pierre Spieshttps://www.alvivaholdings.com

Alviva Holdings Limited, together with its subsidiaries, provides information and communication technology (ICT) products and services in South Africa, rest of Africa, and internationally. It operates through three segments: ICT Distribution, Services and Solutions, and Financial Services. The ICT Distribution segment imports, assembles, distributes, and sells hardware and software products in sub-Saharan African markets through reseller channels and retail chains.

Alviva Holdings Fundamentals Summary

How do Alviva Holdings's earnings and revenue compare to its market cap?
AVV fundamental statistics
Market CapR1.74b
Earnings (TTM)R325.85m
Revenue (TTM)R14.89b

5.3x

P/E Ratio

0.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
AVV income statement (TTM)
RevenueR14.89b
Cost of RevenueR12.36b
Gross ProfitR2.53b
ExpensesR2.21b
EarningsR325.85m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)2.84
Gross Margin17.00%
Net Profit Margin2.19%
Debt/Equity Ratio59.5%

How did AVV perform over the long term?

See historical performance and comparison

Dividends

1.9%

Current Dividend Yield

11%

Payout Ratio

Does AVV pay a reliable dividends?

See AVV dividend history and benchmarks
When do you need to buy AVV by to receive an upcoming dividend?
Alviva Holdings dividend dates
Ex Dividend DateNov 10 2021
Dividend Pay DateNov 15 2021
Days until Ex dividend15 days
Days until Dividend pay date20 days

Does AVV pay a reliable dividends?

See AVV dividend history and benchmarks

Valuation

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

5.33x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: AVV (ZAR15.15) is trading above our estimate of fair value (ZAR3.15)

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


Price To Earnings Ratio

PE vs Industry: AVV is good value based on its PE Ratio (5.3x) compared to the Global Electronic industry average (21.5x).

PE vs Market: AVV is good value based on its PE Ratio (5.3x) compared to the ZA market (11.3x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: AVV is good value based on its PB Ratio (0.7x) compared to the XX Electronic industry average (2.1x).


Future Growth

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

19.3%

Forecasted Tech 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 Alviva 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 Alviva Holdings performed over the past 5 years?

-11.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AVV has high quality earnings.

Growing Profit Margin: AVV's current net profit margins (2.2%) are higher than last year (1%).


Past Earnings Growth Analysis

Earnings Trend: AVV's earnings have declined by 11.9% per year over the past 5 years.

Accelerating Growth: AVV's earnings growth over the past year (119.1%) exceeds its 5-year average (-11.9% per year).

Earnings vs Industry: AVV earnings growth over the past year (119.1%) exceeded the Electronic industry 33.4%.


Return on Equity

High ROE: AVV's Return on Equity (12.1%) is considered low.


Financial Health

How is Alviva Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: AVV's short term assets (ZAR5.0B) exceed its short term liabilities (ZAR3.5B).

Long Term Liabilities: AVV's short term assets (ZAR5.0B) exceed its long term liabilities (ZAR1.0B).


Debt to Equity History and Analysis

Debt Level: AVV's debt to equity ratio (59.5%) is considered high.

Reducing Debt: AVV's debt to equity ratio has increased from 15.4% to 59.5% over the past 5 years.

Debt Coverage: AVV's debt is not well covered by operating cash flow (3.5%).

Interest Coverage: AVV's interest payments on its debt are well covered by EBIT (4.1x coverage).


Balance Sheet


Dividend

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

1.91%

Current Dividend Yield


Upcoming Dividend Payment

TodayOct 26 2021Ex Dividend DateNov 10 2021Dividend Pay DateNov 15 20215 days from Ex DividendBuy in the next 15 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: AVV's dividend (1.91%) isn’t notable compared to the bottom 25% of dividend payers in the ZA market (3.14%).

High Dividend: AVV's dividend (1.91%) is low compared to the top 25% of dividend payers in the ZA market (7.52%).


Stability and Growth of Payments

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

Growing Dividend: AVV's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (10.8%), AVV's dividend payments are thoroughly 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?

5.3yrs

Average management tenure


CEO

Pierre Spies (57 yo)

5.25yrs

Tenure

R6,198,000

Compensation

Mr. Pierre Spies has been the Chief Executive Officer of Alviva Holdings Limited since July 1, 2016 and its Executive Director since January 27, 2016. Mr. Spies has been an Executive Director of the MB Tec...


CEO Compensation Analysis

Compensation vs Market: Pierre's total compensation ($USD421.35K) is above average for companies of similar size in the ZA market ($USD278.61K).

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


Leadership Team

Experienced Management: AVV's management team is seasoned and experienced (5.3 years average tenure).


Board Members

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


Ownership Breakdown

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


Top Shareholders

Company Information

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


Key Information

  • Name: Alviva Holdings Limited
  • Ticker: AVV
  • Exchange: JSE
  • Founded: 1986
  • Industry: Technology Distributors
  • Sector: Tech
  • Market Cap: R1.738b
  • Shares outstanding: 114.71m
  • Website: https://www.alvivaholdings.com

Number of Employees


Location

  • Alviva Holdings Limited
  • The Summit
  • 269, 16th Road
  • Midrand
  • Gauteng
  • 1685
  • South Africa

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/25 21:36
End of Day Share Price2021/10/25 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.