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LETS

Letshego HoldingsBSM:LETSHEGO Stock Report

Market Cap

P2.6b

7D

1.7%

1Y

84.8%

Updated

15 Oct, 2021

Data

Company Financials
LETSHEGO fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance4/6
Financial Health2/6
Dividends3/6

LETSHEGO Overview

Letshego Holdings Limited provides short and medium-term unsecured loans to the employees of public, quasi-public, and private sectors.

Price History & Performance

Summary of all time highs, changes and price drops for Letshego Holdings
Historical stock prices
Current Share PriceP1.22
52 Week HighP0
52 Week LowP0
Beta-0.077
1 Month Change9.91%
3 Month Change35.56%
1 Year Change84.85%
3 Year Change-32.97%
5 Year Change-49.17%
Change since IPO-88.65%

Recent News & Updates

Shareholder Returns

LETSHEGOBW Consumer FinanceBW Market
7D1.7%1.2%0.1%
1Y84.8%59.1%1.3%

Return vs Industry: LETSHEGO exceeded the BW Consumer Finance industry which returned 57.5% over the past year.

Return vs Market: LETSHEGO exceeded the BW Market which returned 1.2% over the past year.

Price Volatility

Is LETSHEGO's price volatile compared to industry and market?
LETSHEGO volatility
LETSHEGO Beta-0.077
Industry Beta1.35
Market Beta1

Stable Share Price: LETSHEGO is more volatile than 90% of BW stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: LETSHEGO's weekly volatility (5%) has been stable over the past year, but is still higher than 75% of BW stocks.

About the Company

FoundedEmployeesCEOWebsite
1998n/aAndrew Okaihttps://www.letshego.com

Letshego Holdings Limited provides short and medium-term unsecured loans to the employees of public, quasi-public, and private sectors. It also engages in the provision of loans to micro and small entrepreneurs; deposit-taking activities; microfinance banking business; and payments and micro-insurance activities. The company operates in Botswana, Namibia, Mozambique, Lesotho, Eswatini, Kenya, Rwanda, Uganda, Nigeria, Ghana, and Tanzania.

Letshego Holdings Fundamentals Summary

How do Letshego Holdings's earnings and revenue compare to its market cap?
LETSHEGO fundamental statistics
Market CapP2.60b
Earnings (TTM)P634.12m
Revenue (TTM)P2.64b

4.1x

P/E Ratio

1.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
LETSHEGO income statement (TTM)
RevenueP2.64b
Cost of RevenueP5.84m
Gross ProfitP2.63b
ExpensesP2.00b
EarningsP634.12m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.30
Gross Margin99.78%
Net Profit Margin24.06%
Debt/Equity Ratio118.5%

How did LETSHEGO perform over the long term?

See historical performance and comparison

Dividends

12.8%

Current Dividend Yield

52%

Payout Ratio

Does LETSHEGO pay a reliable dividends?

See LETSHEGO dividend history and benchmarks
When do you need to buy LETSHEGO by to receive an upcoming dividend?
Letshego Holdings dividend dates
Ex Dividend DateNov 03 2021
Dividend Pay DateNov 16 2021
Days until Ex dividend17 days
Days until Dividend pay date30 days

Does LETSHEGO pay a reliable dividends?

See LETSHEGO dividend history and benchmarks

Valuation

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

4.11x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: LETSHEGO (BWP1.22) is trading above our estimate of fair value (BWP1.12)

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


Price To Earnings Ratio

PE vs Industry: LETSHEGO is good value based on its PE Ratio (4.1x) compared to the African Consumer Finance industry average (32.3x).

PE vs Market: LETSHEGO is good value based on its PE Ratio (4.1x) compared to the BW market (10.5x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: LETSHEGO is good value based on its PB Ratio (0.6x) compared to the XF Consumer Finance industry average (1.5x).


Future Growth

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

6.7%

Forecasted Diversified Financials 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 Letshego 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 Letshego Holdings performed over the past 5 years?

-1.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: LETSHEGO has high quality earnings.

Growing Profit Margin: LETSHEGO's current net profit margins (24.1%) are higher than last year (22.9%).


Past Earnings Growth Analysis

Earnings Trend: LETSHEGO's earnings have declined by 1.6% per year over the past 5 years.

Accelerating Growth: LETSHEGO's earnings growth over the past year (15%) exceeds its 5-year average (-1.6% per year).

Earnings vs Industry: LETSHEGO earnings growth over the past year (15%) exceeded the Consumer Finance industry -50.8%.


Return on Equity

High ROE: LETSHEGO's Return on Equity (13.6%) is considered low.


Financial Health

How is Letshego Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: LETSHEGO's short term assets (BWP12.8B) exceed its short term liabilities (BWP1.7B).

Long Term Liabilities: LETSHEGO's short term assets (BWP12.8B) exceed its long term liabilities (BWP6.5B).


Debt to Equity History and Analysis

Debt Level: LETSHEGO's debt to equity ratio (118.5%) is considered high.

Reducing Debt: LETSHEGO's debt to equity ratio has increased from 67.2% to 118.5% over the past 5 years.

Debt Coverage: LETSHEGO's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if LETSHEGO's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

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

12.79%

Current Dividend Yield


Upcoming Dividend Payment

TodayOct 16 2021Ex Dividend DateNov 03 2021Dividend Pay DateNov 16 202113 days from Ex DividendBuy in the next 17 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: LETSHEGO's dividend (12.79%) is higher than the bottom 25% of dividend payers in the BW market (4.27%).

High Dividend: LETSHEGO's dividend (12.79%) is in the top 25% of dividend payers in the BW market (8.78%)


Stability and Growth of Payments

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

Growing Dividend: LETSHEGO's dividend payments have increased, but the company has only paid a dividend for 9 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (52.4%), LETSHEGO's 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?

1.7yrs

Average management tenure


CEO

Andrew Okai (53 yo)

1.67yrs

Tenure

P8,904,969

Compensation

Mr. Andrew Fening Okai has been Group Chief Executive Officer at Letshego Holdings Ltd. since February 1, 2020. Mr. Okai has been Group Executive Director at Letshego Holdings Ltd.since May 2020. He found...


CEO Compensation Analysis

Compensation vs Market: Andrew's total compensation ($USD792.54K) is above average for companies of similar size in the BW market ($USD455.50K).

Compensation vs Earnings: Insufficient data to compare Andrew's compensation with company performance.


Leadership Team

Experienced Management: LETSHEGO's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.


Board Members

Experienced Board: LETSHEGO's board of directors are considered experienced (3.8 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

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


Key Information

  • Name: Letshego Holdings Limited
  • Ticker: LETSHEGO
  • Exchange: BSM
  • Founded: 1998
  • Industry: Consumer Finance
  • Sector: Diversified Financials
  • Market Cap: P2.604b
  • Shares outstanding: 2.13b
  • Website: https://www.letshego.com

Number of Employees


Location

  • Letshego Holdings Limited
  • Letshego Place
  • Plot 22
  • Gaborone
  • Botswana

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/15 22:42
End of Day Share Price2021/10/15 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.