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SECH

Sechaba Brewery Holdings BSM:SECHABA Stock Report

Last Price

P17.82

Market Cap

P2.0b

7D

0.1%

1Y

7.3%

Updated

28 Sep, 2022

Data

Company Financials
SECHABA fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance2/6
Financial Health5/6
Dividends3/6

SECHABA Stock Overview

Sechaba Brewery Holdings Limited, an investment holding company, manufactures, and sells alcoholic and non-alcoholic beverages in Botswana.

Sechaba Brewery Holdings Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Sechaba Brewery Holdings
Historical stock prices
Current Share PriceP17.82
52 Week HighP0
52 Week LowP0
Beta-0.033
1 Month Change0.96%
3 Month Change2.12%
1 Year Change7.35%
3 Year Change-13.33%
5 Year Change-10.90%
Change since IPO769.27%

Recent News & Updates

Shareholder Returns

SECHABABW BeverageBW Market
7D0.1%-0.9%0.3%
1Y7.3%-2.7%8.4%

Return vs Industry: SECHABA exceeded the BW Beverage industry which returned -2.7% over the past year.

Return vs Market: SECHABA underperformed the BW Market which returned 8.4% over the past year.

Price Volatility

Is SECHABA's price volatile compared to industry and market?
SECHABA volatility
SECHABA Average Weekly Movement0.3%
Beverage Industry Average Movement4.0%
Market Average Movement0.6%
10% most volatile stocks in BW Market2.6%
10% least volatile stocks in BW Market0.2%

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

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

About the Company

FoundedEmployeesCEOWebsite
1984n/aFaith Asnath Ntetahttps://www.bdc.bw/sechaba-breweries-holdings

Sechaba Brewery Holdings Limited, an investment holding company, manufactures, and sells alcoholic and non-alcoholic beverages in Botswana. It offers beer, alcoholic fruit beverages, soft drinks, purified water, and other non-alcoholic beverages. The company was incorporated in 1984 and is based in Gaborone, Botswana.

Sechaba Brewery Holdings Fundamentals Summary

How do Sechaba Brewery Holdings's earnings and revenue compare to its market cap?
SECHABA fundamental statistics
Market CapP1.97b
Earnings (TTM)P201.93m
Revenue (TTM)n/a

9.8x

P/E Ratio

0.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SECHABA income statement (TTM)
RevenueP0
Cost of RevenueP0
Gross ProfitP0
Other Expenses-P201.93m
EarningsP201.93m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

Sep 30, 2022

Earnings per share (EPS)1.83
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did SECHABA perform over the long term?

See historical performance and comparison

Dividends

7.0%

Current Dividend Yield

68%

Payout Ratio

Does SECHABA pay a reliable dividends?

See SECHABA dividend history and benchmarks
When do you need to buy SECHABA by to receive an upcoming dividend?
Sechaba Brewery Holdings dividend dates
Ex Dividend DateOct 07 2022
Dividend Pay DateOct 20 2022
Days until Ex dividend8 days
Days until Dividend pay date21 days

Does SECHABA pay a reliable dividends?

See SECHABA dividend history and benchmarks
We’ve recently updated our valuation analysis.

Valuation

Is SECHABA undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for SECHABA?

Other financial metrics that can be useful for relative valuation.

SECHABA key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDAn/a
PEG Ration/a

Price to Earnings Ratio vs Peers

How does SECHABA's PE Ratio compare to its peers?

SECHABA PE Ratio vs Peers
The above table shows the PE ratio for SECHABA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average31.4x
A000140 Hitejinro Holdings
5.2xn/a₩226.3b
ALB Allgäuer Brauhaus
96.9xn/a€130.5m
LION.N0000 Lion Brewery (Ceylon)
8.9x12.7%LK₨41.3b
DLTA Delta Djakarta
14.6xn/aRp3.1t
SECHABA Sechaba Brewery Holdings
9.8xn/aP2.0b

Price-To-Earnings vs Peers: SECHABA is good value based on its Price-To-Earnings Ratio (9.8x) compared to the peer average (31.4x).


Price to Earnings Ratio vs Industry

How does SECHABA's PE Ratio compare vs other companies in the Global Beverage Industry?

Price-To-Earnings vs Industry: SECHABA is good value based on its Price-To-Earnings Ratio (9.8x) compared to the Global Beverage industry average (20x)


Price to Earnings Ratio vs Fair Ratio

What is SECHABA's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

SECHABA PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio9.8x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate SECHABA's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of SECHABA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: SECHABA (BWP17.82) is trading below our estimate of fair value (BWP28.55)

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


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


17.9%

Forecasted Food, Beverage & Tobacco 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 Sechaba Brewery 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.


Discover growth companies

  • Examine whether Sechaba Brewery Holdings is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.

Past Performance

How has Sechaba Brewery Holdings performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


6.9%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: SECHABA has a high level of non-cash earnings.

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


Past Earnings Growth Analysis

Earnings Trend: SECHABA's earnings have grown by 6.9% per year over the past 5 years.

Accelerating Growth: SECHABA's earnings growth over the past year (3.8%) is below its 5-year average (6.9% per year).

Earnings vs Industry: SECHABA earnings growth over the past year (3.8%) underperformed the Beverage industry 25.7%.


Return on Equity

High ROE: SECHABA's Return on Equity (23.9%) is considered high.


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Financial Health

How is Sechaba Brewery Holdings's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: SECHABA's short term assets (BWP14.0M) exceed its short term liabilities (BWP8.3M).

Long Term Liabilities: SECHABA's short term assets (BWP14.0M) do not cover its long term liabilities (BWP61.0M).


Debt to Equity History and Analysis

Debt Level: SECHABA is debt free.

Reducing Debt: SECHABA has not had any debt for past 5 years.

Debt Coverage: SECHABA has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: SECHABA has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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Dividend

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

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


6.96%

Current Dividend Yield

Upcoming Dividend Payment

TodaySep 28 2022Ex Dividend DateOct 07 2022Dividend Pay DateOct 20 202213 days from Ex DividendBuy in the next 8 days to receive the upcoming dividend

Dividend Yield vs Market

Sechaba Brewery Holdings Dividend Yield vs Market
How does Sechaba Brewery Holdings dividend yield compare to the market?
SegmentDividend Yield
Company (Sechaba Brewery Holdings)7.0%
Market Bottom 25% (BW)5.8%
Market Top 25% (BW)9.5%
Industry Average (Beverage)4.9%
Analyst forecast in 3 Years (Sechaba Brewery Holdings)n/a

Notable Dividend: SECHABA's dividend (6.96%) is higher than the bottom 25% of dividend payers in the BW market (5.83%).

High Dividend: SECHABA's dividend (6.96%) is low compared to the top 25% of dividend payers in the BW market (9.52%).


Stability and Growth of Payments

Stable Dividend: SECHABA's dividend payments have been volatile in the past 10 years.

Growing Dividend: SECHABA's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (67.9%), SECHABA's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: SECHABA is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Management

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

1.5yrs

Average board tenure


CEO

Faith Asnath Nteta

1.17yrs

Tenure

P224,700

Compensation

Ms. Faith Asnath Mabu Nteta serves as Managing Director and Director at Sechaba Brewery Holdings Limited since July 1, 2021. Ms. Nteta is a self-made entrepreneur and business leader who holds a Bachelor o...


Board Members

Experienced Board: SECHABA's board of directors are not considered experienced ( 1.5 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.


Ownership Breakdown

What is the ownership structure of SECHABA?
Owner TypeNumber of SharesOwnership Percentage
Private Companies12,577,41711.4%
General Public18,151,07616.4%
Institutions79,888,36672.2%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Top 13 shareholders own 83.59% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
24.28%
Botswana Public Officers Pension Fund
26,862,494BWP478.7m0%6.39%
18.81%
Botswana Development Corporation Limited, Asset Management Arm
20,812,462BWP370.9m0%no data
12.29%
Botswana Insurance Fund Management Limited
13,592,013BWP242.2m0%10.77%
10.62%
SCBN (Proprietary) Limited
11,744,111BWP209.3m0%no data
4.57%
Botswana Motor Vehicle Accident Fund, Asset Management Arm
5,059,564BWP90.2m0%8.24%
4%
Russell Investment Management, LLC
4,428,000BWP78.9m0%0.01%
3.71%
Debswana Diamond Company, ESOP
4,107,062BWP73.2m0%7.42%
2.19%
Ninety One UK Limited
2,419,948BWP43.1m0%0.01%
0.98%
Eaton Vance Management
1,086,400BWP19.4m0%no data
0.75%
FNBBN (Pty) Ltd
833,306BWP14.8m0%no data
0.52%
Alexander Forbes Retirement Fund
578,178BWP10.3m0%50.62%
0.43%
Burs, Employee Pension Fund
472,296BWP8.4m0%19.31%
0.42%
Botswana Insurance Holdings, ESOP
469,949BWP8.4m0%100%

Company Information

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


Key Information

  • Name: Sechaba Brewery Holdings Limited
  • Ticker: SECHABA
  • Exchange: BSM
  • Founded: 1984
  • Industry: Brewers
  • Sector: Food, Beverage & Tobacco
  • Implied Market Cap: P1.971b
  • Shares outstanding: 110.62m
  • Website: https://www.bdc.bw/sechaba-breweries-holdings

Number of Employees


Location

  • Sechaba Brewery Holdings Limited
  • Plot 50370
  • Acumen Park Fairgrounds
  • Gaborone
  • Botswana


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SECHABABSM (Botswana Share Market)YesOrdinary SharesBWBWPDec 1995

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/28 00:00
End of Day Share Price2022/09/27 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


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.