MAFS

Madison Financial ServicesLUSE:MAFS Stock Report

Market Cap

K144.0m

7D

0%

1Y

n/a

Updated

15 Oct, 2021

Data

Company Financials
MAFS fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
Dividends0/6

MAFS Overview

Madison Financial Services Plc, through its subsidiaries, underwrites general insurance and life assurance products in Zambia and Tanzania.

Price History & Performance

Summary of all time highs, changes and price drops for Madison Financial Services
Historical stock prices
Current Share PriceK2.88
52 Week HighK0
52 Week LowK0
Beta0
1 Month Change0%
3 Month Change0%
1 Year Changen/a
3 Year Change-5.57%
5 Year Change-11.39%
Change since IPO-17.71%

Recent News & Updates

Shareholder Returns

MAFSZM InsuranceZM Market
7D0%-0.9%0.4%
1Yn/a26.8%88.6%

Return vs Industry: Insufficient data to determine how MAFS performed against the ZM Insurance industry.

Return vs Market: Insufficient data to determine how MAFS performed against the ZM Market.

Price Volatility

Is MAFS's price volatile compared to industry and market?
MAFS volatility
MAFS Beta0
Industry Beta0.81
Market Beta1

Stable Share Price: Insufficient data to determine MAFS's volatility over the past 3 months.

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

About the Company

FoundedEmployeesCEOWebsite
1992n/an/ahttps://www.madisonshares.com

Madison Financial Services Plc, through its subsidiaries, underwrites general insurance and life assurance products in Zambia and Tanzania. The company operates through four segments: Life Insurance, Non-Life Insurance, Asset Management, and Microfinance. It offers a range of life, term assurance, unitized pensions, guaranteed pensions, pure endowment pensions, mortgage endowment products, and health insurance, as well as medical coverage; and motor, household, agriculture, commercial, and business interruption insurance to individuals and businesses.

Madison Financial Services Fundamentals Summary

How do Madison Financial Services's earnings and revenue compare to its market cap?
MAFS fundamental statistics
Market CapK144.00m
Earnings (TTM)-K7.92m
Revenue (TTM)K602.03m

0x

P/S Ratio

0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MAFS income statement (TTM)
RevenueK602.03m
Cost of RevenueK211.67m
Gross ProfitK390.37m
ExpensesK398.29m
Earnings-K7.92m

Last Reported Earnings

Dec 31, 2018

Next Earnings Date

n/a

Earnings per share (EPS)0
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did MAFS perform over the long term?

See historical performance and comparison

Dividends

2.1%

Current Dividend Yield

n/a

Payout Ratio

Valuation

Is Madison Financial Services undervalued compared to its fair value and its price relative to the market?


Share Price vs. Fair Value

Below Fair Value: MAFS (ZMW2.88) is trading above our estimate of fair value (ZMW0.26)

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


Price To Earnings Ratio

PE vs Industry: Insufficient data to calculate MAFS's PE Ratio to determine if it is good value compared to the African Insurance industry average.

PE vs Market: Insufficient data to calculate MAFS's PE Ratio to determine if it is good value compared to the ZM market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: Insufficient data to calculate MAFS's PB Ratio to determine if it is good value.


Future Growth

How is Madison Financial Services forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

27.1%

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 Madison Financial Services 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 Madison Financial Services performed over the past 5 years?

6.0%

Historical Insurance annual earnings growth


Earnings and Revenue History

Quality Earnings: Insufficient data to determine if MAFS has high quality earnings.

Growing Profit Margin: Insufficient data to determine if MAFS's profit margins have improved over the past year.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if MAFS's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Insufficient data to compare MAFS's past year earnings growth to its 5-year average.

Earnings vs Industry: Insufficient data to determine if MAFS's earnings growth over the past year exceeded the Insurance industry average.


Return on Equity

High ROE: MAFS has a negative Return on Equity (0%), as it is currently unprofitable.


Financial Health

How is Madison Financial Services's financial position?


In this section we usually analyse Madison Financial Services's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. Madison Financial Services has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.


Dividend

What is Madison Financial Services's current dividend yield, its reliability and sustainability?

2.08%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: MAFS's dividend (2.08%) isn’t notable compared to the bottom 25% of dividend payers in the ZM market (2.08%).

High Dividend: MAFS's dividend (2.08%) is low compared to the top 25% of dividend payers in the ZM market (9.38%).


Stability and Growth of Payments

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

Growing Dividend: MAFS has only been paying a dividend for 7 years, and since then payments have fallen.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are 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?

5.4yrs

Average board tenure


CEO

Madison Financial Services has no CEO, or we have no data on them.


Board Members

Experienced Board: MAFS's board of directors are considered experienced (5.4 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

Madison Financial Services Plc's employee growth, exchange listings and data sources


Key Information

  • Name: Madison Financial Services Plc
  • Ticker: MAFS
  • Exchange: LUSE
  • Founded: 1992
  • Industry: Multi-line Insurance
  • Sector: Insurance
  • Market Cap: K144.000m
  • Shares outstanding: 50.00m
  • Website: https://www.madisonshares.com

Number of Employees


Location

  • Madison Financial Services Plc
  • LSA House
  • 316 Independence Avenue
  • Lusaka
  • Zambia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/15 17:53
End of Day Share Price2021/07/27 00:00
Earnings2018/12/31
Annual Earnings2018/12/31


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.