MICROCAPITAL BRIEF: Wall's Street Advisor Services Releases "Listed Microfinance Institutions' Shareholder Valuations and Their Stocks' Results"

Wall’s Street Advisor Services (WSAS), a US-based consultancy, has released a report, “Listed Microfinance Institutions’ Shareholder Valuations and Their Stocks’ Results”, which considers how publicly-traded shares of microfinance institutions (MFIs) are valued. The report looks at the share price performance of four listed MFIs ? Compartamos and Financiera Independencia from Mexico, Equity Bank from Kenya and SKS Microfinance from India – and compares these to their valuations per the WSAS MFI Shareholder Value Index series, a group of benchmarks for equity investments in MFIs. The report also investigates the liquidity of the stocks over time and the implications of limited liquidity for determining valuations. The report concludes that – while the MFIs? public share price movements have been generally good – thin and inconsistent trading activity means that public prices may not be reliable sources of valuations.

About Wall’s Street Advisor Services: Wall’s Street Advisor Services is a US-based consultancy specializing in innovations in financial information services for emerging markets and socially responsible investing. Founder and CEO Peter Wall has 20 years of experience developing and marketing financial information services with International Finance Corporation, a member of the World Bank Group; FTSE International, the creator of approximately 120,000 equity, bond and alternative asset class indices; and the nonprofit Microfinance Information Exchange (MIX).

Sources and Resources:

Listed Microfinance Institutions’ Shareholder Valuations and Their Stocks’ Results: http://wallsstreetadvisorservices.com/yahoo_site_admin/assets/docs/Listed_MFIs_Shareholder_Values_and_Their_Stocks_Results_-_Oct_2010.298111424.pdf

MICROCAPITAL BRIEF: Wall?s Street Advisor Services (WSAS) Releases Series of Benchmarks for Equity Investments in Microfinance Institutions (MFIs) ? WSAS MFI Shareholder Value Indexes (SVIX)

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