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CHOP

Choppies EnterprisesBSM:CHOPPIES Stock Report

Market Cap

P775.2m

7D

0%

1Y

0%

Updated

21 Oct, 2021

Data

Company Financials
CHOPPIES fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance2/6
Financial Health1/6
Dividends0/6

CHOPPIES Overview

Choppies Enterprises Limited operates as a fast moving consumer goods retailer.

Price History & Performance

Summary of all time highs, changes and price drops for Choppies Enterprises
Historical stock prices
Current Share PriceP0.60
52 Week HighP0
52 Week LowP0
Beta-0.35
1 Month Change0%
3 Month Change0%
1 Year Change0%
3 Year Change-13.04%
5 Year Change-80.33%
Change since IPO-57.14%

Recent News & Updates

Shareholder Returns

CHOPPIESBW Consumer RetailingBW Market
7D0%1.0%0.1%
1Y0%28.3%1.0%

Return vs Industry: CHOPPIES underperformed the BW Consumer Retailing industry which returned 30.1% over the past year.

Return vs Market: CHOPPIES matched the BW Market which returned 1% over the past year.

Price Volatility

Is CHOPPIES's price volatile compared to industry and market?
CHOPPIES volatility
CHOPPIES Beta-0.35
Industry Beta0.57
Market Beta1

Stable Share Price: CHOPPIES is less volatile than 75% of BW stocks over the past 3 months, typically moving +/- 0% a week.

Volatility Over Time: CHOPPIES's weekly volatility (0%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1986n/aRam Ottapathuhttps://www.choppies.co.bw

Choppies Enterprises Limited operates as a fast moving consumer goods retailer. The company operates hyper stores, superstores, and value stores under the Choppies brand. Its stores offer bakery, deli, butchery, fruit and vegetables, clothing, and private label products, including fresh, frozen, canned, dry foods, snacks, ethnic specialties, health and beauty care, household, and laundry products, as well as financial services.

Choppies Enterprises Fundamentals Summary

How do Choppies Enterprises's earnings and revenue compare to its market cap?
CHOPPIES fundamental statistics
Market CapP775.24m
Earnings (TTM)P84.82m
Revenue (TTM)P5.33b

9.1x

P/E Ratio

0.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CHOPPIES income statement (TTM)
RevenueP5.33b
Cost of RevenueP4.18b
Gross ProfitP1.15b
ExpensesP1.06b
EarningsP84.82m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.066
Gross Margin21.50%
Net Profit Margin1.59%
Debt/Equity Ratio-171.7%

How did CHOPPIES perform over the long term?

See historical performance and comparison

Valuation

Is Choppies Enterprises undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CHOPPIES (BWP0.6) is trading below our estimate of fair value (BWP4.25)

Significantly Below Fair Value: CHOPPIES is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: CHOPPIES is good value based on its PE Ratio (9.1x) compared to the African Consumer Retailing industry average (25.8x).

PE vs Market: CHOPPIES is good value based on its PE Ratio (9.1x) compared to the BW market (10.5x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: CHOPPIES has negative assets, so we can't compare its PB Ratio to the XF Consumer Retailing industry average.


Future Growth

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

22.6%

Forecasted Consumer Retailing 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 Choppies Enterprises 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 Choppies Enterprises performed over the past 5 years?

16.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CHOPPIES has high quality earnings.

Growing Profit Margin: CHOPPIES's current net profit margins (1.6%) are lower than last year (1.9%).


Past Earnings Growth Analysis

Earnings Trend: CHOPPIES has become profitable over the past 5 years, growing earnings by 16% per year.

Accelerating Growth: CHOPPIES's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: CHOPPIES had negative earnings growth (-19.3%) over the past year, making it difficult to compare to the Consumer Retailing industry average (9.1%).


Return on Equity

High ROE: CHOPPIES's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Financial Health

How is Choppies Enterprises's financial position?


Financial Position Analysis

Short Term Liabilities: CHOPPIES has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: CHOPPIES has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: CHOPPIES has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: CHOPPIES's has negative shareholder equity, so we do not need to check if its debt has reduced over time.

Debt Coverage: CHOPPIES's debt is well covered by operating cash flow (46.9%).

Interest Coverage: CHOPPIES's interest payments on its debt are not well covered by EBIT (2.1x coverage).


Balance Sheet


Dividend

What is Choppies Enterprises's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate CHOPPIES's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate CHOPPIES's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if CHOPPIES's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CHOPPIES's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: CHOPPIES is not paying a notable dividend for the BW market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of CHOPPIES's dividend in 3 years as they are not forecast to pay a notable one for the BW market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.1yrs

Average board tenure


CEO

Ram Ottapathu (57 yo)

2.08yrs

Tenure

P9,063,000

Compensation

Mr. Ramachandran Ottapathu, also known as Ram, BCom, CA (ICAI), FBICA, has been Executive Director of Choppies Enterprises Limited since 2008 and has been its Chief Executive Officer since September 09, 20...


CEO Compensation Analysis

Compensation vs Market: Ram's total compensation ($USD815.67K) is above average for companies of similar size in the BW market ($USD222.74K).

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


Board Members

Experienced Board: CHOPPIES's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.


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

Choppies Enterprises Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Choppies Enterprises Limited
  • Ticker: CHOPPIES
  • Exchange: BSM
  • Founded: 1986
  • Industry: Food Retail
  • Sector: Consumer Retailing
  • Market Cap: P775.242m
  • Shares outstanding: 1.29b
  • Website: https://www.choppies.co.bw

Number of Employees


Location

  • Choppies Enterprises Limited
  • Gaborone International Commercial Park
  • Plot 169
  • Gaborone
  • Botswana

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/21 21:03
End of Day Share Price2021/10/21 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.