Risk factor
Very poor trading liquidity
Profitability factor
Undervalued vs peers
About
Alexander Forbes Group Holdings Limited operates as a prominent financial services firm, providing an extensive array of employee benefits, retirement and healthcare advisory, investment management, and wealth preservation strategies to both corporate entities and private individuals throughout South Africa. For individual clients, the company delivers personal financial planning, budgeting tools, and savings solutions; diverse investment options including goal-based strategies, unit trusts, endowments, and offshore vehicles; tailored private wealth management; various retirement funds such as pension, provident, and annuity schemes; healthcare consulting and solutions; life and risk insurance; and will drafting services. Businesses, in turn, leverage Alexander Forbes' expertise in actuarial and general consulting; comprehensive retirement fund administration; specialized healthcare consulting, management, and technical advisory; group and commercial insurance safeguarding assets, earnings, and legal liabilities against loss or damage; specialized services for emerging markets; and trust and beneficiary services that manage death benefits for the dependants of deceased retirement fund members and employees. Founded in 1935, the company changed its name from Alexander Forbes Equity Holdings Proprietary Limited to its current designation in June 2014 and is headquartered in Sandton, South Africa.
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers. In particular, the stock is reasonably priced on P/E, of fair value on EV/