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LETL

Letlole La RonaBSM:LETLOLE Stock Report

Market Cap

P686.0m

7D

0%

1Y

7.0%

Updated

21 Oct, 2021

Data

Company Financials
LETLOLE fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance1/6
Financial Health4/6
Dividends2/6

LETLOLE Overview

Letlole La Rona Limited invests in and rents real estate properties in Botswana.

Price History & Performance

Summary of all time highs, changes and price drops for Letlole La Rona
Historical stock prices
Current Share PriceP2.45
52 Week HighP0
52 Week LowP0
Beta-0.075
1 Month Change2.08%
3 Month Change4.26%
1 Year Change6.99%
3 Year Change39.21%
5 Year Change11.36%
Change since IPO58.07%

Recent News & Updates

Shareholder Returns

LETLOLEBW Real EstateBW Market
7D0%0%0.1%
1Y7.0%-4.1%1.0%

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.

Price Volatility

Is LETLOLE's price volatile compared to industry and market?
LETLOLE volatility
LETLOLE Beta-0.075
Industry Beta0.82
Market Beta1

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

FoundedEmployeesCEOWebsite
2010n/aKamogelo Mowanenghttps://letlole.com

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

How do Letlole La Rona's earnings and revenue compare to its market cap?
LETLOLE fundamental statistics
Market CapP686.00m
Earnings (TTM)P65.21m
Revenue (TTM)P106.48m

10.5x

P/E Ratio

6.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
LETLOLE income statement (TTM)
RevenueP106.48m
Cost of RevenueP10.57m
Gross ProfitP95.91m
ExpensesP30.70m
EarningsP65.21m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.23
Gross Margin90.07%
Net Profit Margin61.24%
Debt/Equity Ratio29.5%

How did LETLOLE perform over the long term?

See historical performance and comparison

Dividends

7.1%

Current Dividend Yield

75%

Payout Ratio

Valuation

Is Letlole La Rona undervalued compared to its fair value and its price relative to the market?

22.2%

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.


Future Growth

How is Letlole La Rona forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

37.9%

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.


Past Performance

How has Letlole La Rona performed over the past 5 years?

-5.1%

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.


Financial Health

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).


Balance Sheet


Dividend

What is Letlole La Rona current dividend yield, its reliability and sustainability?

7.09%

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.


Next Steps

Management

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

0.8yrs

Average board tenure


CEO

Kamogelo Mowaneng

1.17yrs

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...


Board Members

Experienced Board: LETLOLE's board of directors are not considered experienced ( 0.8 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

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


Top Shareholders

Company Information

Letlole La Rona Limited's employee growth, exchange listings and data sources


Key Information

  • 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

Location

  • Letlole La Rona Limited
  • Plot 54366, Peelo Place
  • Unit 2B, 1st Floor
  • 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.