RDC Properties Limited operates as a property investment and development company in Botswana, South Africa, Namibia, Mozambique, the United States, and Madagascar.
Price History & Performance
|Historical stock prices|
|Current Share Price||P2.15|
|52 Week High||P0|
|52 Week Low||P0|
|1 Month Change||1.42%|
|3 Month Change||27.98%|
|1 Year Change||25.00%|
|3 Year Change||19.98%|
|5 Year Change||1.42%|
|Change since IPO||769.50%|
Recent News & Updates
|RDCP||BW Real Estate||BW Market|
Return vs Industry: RDCP exceeded the BW Real Estate industry which returned -3.2% over the past year.
Return vs Market: RDCP exceeded the BW Market which returned 1.1% over the past year.
Stable Share Price: RDCP is more volatile than 90% of BW stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: RDCP's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of BW stocks.
About the Company
RDC Properties Limited operates as a property investment and development company in Botswana, South Africa, Namibia, Mozambique, the United States, and Madagascar. The company invests in and develops office, industrial, retail, residential, and hospitality properties. As of December 31, 2020, it operated a portfolio of 22 properties in Botswana; 7 properties in South Africa; 1 property in Mozambique; and 1 property in Madagascar.
RDC Properties Fundamentals Summary
|RDCP fundamental statistics|
Is RDCP overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|RDCP income statement (TTM)|
|Cost of Revenue||P52.01m|
Last Reported Earnings
Dec 31, 2020
Next Earnings Date
|Earnings per share (EPS)||0.061|
|Net Profit Margin||20.44%|
How did RDCP perform over the long term?See historical performance and comparison
2.4%Current Dividend Yield
Is RDC Properties undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: RDCP (BWP2.15) is trading above our estimate of fair value (BWP1.78)
Significantly Below Fair Value: RDCP is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: RDCP is poor value based on its PE Ratio (35.4x) compared to the BW Real Estate industry average (12.7x).
PE vs Market: RDCP is poor value based on its PE Ratio (35.4x) compared to the BW market (10.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate RDCP's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: RDCP's PB Ratio (0.8x) is in line with the BW Real Estate industry average.
How is RDC Properties 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 RDC Properties 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 RDC Properties performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RDCP has a large one-off loss of BWP16.7M impacting its December 31 2020 financial results.
Growing Profit Margin: RDCP's current net profit margins (20.4%) are lower than last year (77.2%).
Past Earnings Growth Analysis
Earnings Trend: RDCP's earnings have declined by 3.2% per year over the past 5 years.
Accelerating Growth: RDCP's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: RDCP had negative earnings growth (-77.4%) over the past year, making it difficult to compare to the Real Estate industry average (-30%).
Return on Equity
High ROE: RDCP's Return on Equity (1.5%) is considered low.
How is RDC Properties's financial position?
Financial Position Analysis
Short Term Liabilities: RDCP's short term assets (BWP202.0M) do not cover its short term liabilities (BWP476.7M).
Long Term Liabilities: RDCP's short term assets (BWP202.0M) do not cover its long term liabilities (BWP588.5M).
Debt to Equity History and Analysis
Debt Level: RDCP's debt to equity ratio (60.8%) is considered high.
Reducing Debt: RDCP's debt to equity ratio has increased from 23.9% to 60.8% over the past 5 years.
Debt Coverage: RDCP's debt is not well covered by operating cash flow (10%).
Interest Coverage: RDCP's interest payments on its debt are not well covered by EBIT (1.8x coverage).
What is RDC Properties's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: RDCP's dividend (2.43%) isn’t notable compared to the bottom 25% of dividend payers in the BW market (4.27%).
High Dividend: RDCP's dividend (2.43%) is low compared to the top 25% of dividend payers in the BW market (7.98%).
Stability and Growth of Payments
Stable Dividend: RDCP's dividend payments have been volatile in the past 10 years.
Growing Dividend: RDCP's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (83.7%), RDCP's 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
Jacopo Pari (48 yo)
Mr. Jacopo Pari serves as Chief Executive Officer of RDC Properties Limited and has been Executive Director since September 12, 2013. Mr. Pari is the Group COO of Properties & Developments at RDC Propertie...
Experienced Board: RDCP's board of directors are considered experienced (7.2 years average tenure).
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.
RDC Properties Limited's employee growth, exchange listings and data sources
- Name: RDC Properties Limited
- Ticker: RDCP
- Exchange: BSM
- Founded: 1992
- Industry: Real Estate Operating Companies
- Sector: Real Estate
- Market Cap: P949.892m
- Shares outstanding: 441.81m
- Website: https://www.rdcbw.com
- RDC Properties Limited
- Realestate Office Park
- Plot 5624
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/20 22:05|
|End of Day Share Price||2021/10/20 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.