Letlole La Rona Limited invests in and rents real estate properties in Botswana.
Price History & Performance
|Historical stock prices|
|Current Share Price||P2.45|
|52 Week High||P0|
|52 Week Low||P0|
|1 Month Change||2.08%|
|3 Month Change||4.26%|
|1 Year Change||6.99%|
|3 Year Change||39.21%|
|5 Year Change||11.36%|
|Change since IPO||58.07%|
Recent News & Updates
|LETLOLE||BW Real Estate||BW Market|
Return vs Industry: LETLOLE exceeded the BW Real Estate industry which returned -4.1% over the past year.
Return vs Market: LETLOLE exceeded the BW Market which returned 1% over the past year.
Stable Share Price: LETLOLE is not significantly more volatile than the rest of BW stocks over the past 3 months, typically moving +/- 1% a week.
Volatility Over Time: LETLOLE's weekly volatility (1%) has been stable over the past year.
About the Company
Letlole La Rona Limited invests in and rents real estate properties in Botswana. Its property portfolio comprises leisure, industrial, commercial and retail, and residential properties. The company was incorporated in 2010 and is based in Gaborone, Botswana.
Letlole La Rona Fundamentals Summary
|LETLOLE fundamental statistics|
Is LETLOLE overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|LETLOLE income statement (TTM)|
|Cost of Revenue||P10.57m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.23|
|Net Profit Margin||61.24%|
How did LETLOLE perform over the long term?See historical performance and comparison
7.1%Current Dividend Yield
Is Letlole La Rona undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: LETLOLE (BWP2.45) is trading below our estimate of fair value (BWP3.15)
Significantly Below Fair Value: LETLOLE is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: LETLOLE is good value based on its PE Ratio (10.5x) compared to the BW Real Estate industry average (12.7x).
PE vs Market: LETLOLE's PE Ratio (10.5x) is in line with the BW market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate LETLOLE's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: LETLOLE's PB Ratio (0.9x) is in line with the BW Real Estate industry average.
How is Letlole La Rona forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Real Estate 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 Letlole La Rona 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.
How has Letlole La Rona performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LETLOLE has high quality earnings.
Growing Profit Margin: LETLOLE's current net profit margins (61.2%) are lower than last year (81%).
Past Earnings Growth Analysis
Earnings Trend: LETLOLE's earnings have declined by 5.1% per year over the past 5 years.
Accelerating Growth: LETLOLE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: LETLOLE had negative earnings growth (-7.4%) over the past year, making it difficult to compare to the Real Estate industry average (-30%).
Return on Equity
High ROE: LETLOLE's Return on Equity (6.9%) is considered low.
How is Letlole La Rona's financial position?
Financial Position Analysis
Short Term Liabilities: LETLOLE's short term assets (BWP84.6M) exceed its short term liabilities (BWP49.7M).
Long Term Liabilities: LETLOLE's short term assets (BWP84.6M) do not cover its long term liabilities (BWP294.9M).
Debt to Equity History and Analysis
Debt Level: LETLOLE's debt to equity ratio (29.5%) is considered satisfactory.
Reducing Debt: LETLOLE's debt to equity ratio has increased from 5.7% to 29.5% over the past 5 years.
Debt Coverage: LETLOLE's debt is well covered by operating cash flow (31%).
Interest Coverage: LETLOLE's interest payments on its debt are well covered by EBIT (5.3x coverage).
What is Letlole La Rona current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: LETLOLE's dividend (7.09%) is higher than the bottom 25% of dividend payers in the BW market (4.27%).
High Dividend: LETLOLE's dividend (7.09%) is low compared to the top 25% of dividend payers in the BW market (7.98%).
Stability and Growth of Payments
Stable Dividend: LETLOLE has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: LETLOLE'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 (74.6%), LETLOLE'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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Ms. Kamogelo Mowaneng serves as the Chief Financial Officer at Letlole La Rona Limited since January 2019 and also serves as it Acting Chief Executive Officer since August 26, 2020. Ms. Mowaneng is a quali...
Experienced Board: LETLOLE's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Letlole La Rona Limited's employee growth, exchange listings and data sources
- Name: Letlole La Rona Limited
- Ticker: LETLOLE
- Exchange: BSM
- Founded: 2010
- Industry: Real Estate Operating Companies
- Sector: Real Estate
- Market Cap: P686.000m
- Shares outstanding: 280.00m
- Website: https://letlole.com
- Letlole La Rona Limited
- Plot 54366, Peelo Place
- Unit 2B, 1st Floor
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/21 21:03|
|End of Day Share Price||2021/10/21 00:00|
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.