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RDCP

RDC PropertiesBSM:RDCP Stock Report

Market Cap

P949.9m

7D

0%

1Y

25.0%

Updated

20 Oct, 2021

Data

Company Financials
RDCP fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
Dividends1/6

RDCP Overview

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

Summary of all time highs, changes and price drops for RDC Properties
Historical stock prices
Current Share PriceP2.15
52 Week HighP0
52 Week LowP0
Beta0.026
1 Month Change1.42%
3 Month Change27.98%
1 Year Change25.00%
3 Year Change19.98%
5 Year Change1.42%
Change since IPO769.50%

Recent News & Updates

Shareholder Returns

RDCPBW Real EstateBW Market
7D0%-0.5%0.1%
1Y25.0%-3.2%1.1%

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.

Price Volatility

Is RDCP's price volatile compared to industry and market?
RDCP volatility
RDCP Beta0.026
Industry Beta0.82
Market Beta1

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

FoundedEmployeesCEOWebsite
1992n/aJacopo Parihttps://www.rdcbw.com

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

How do RDC Properties's earnings and revenue compare to its market cap?
RDCP fundamental statistics
Market CapP949.89m
Earnings (TTM)P26.81m
Revenue (TTM)P131.17m

35.4x

P/E Ratio

7.2x

P/S Ratio


Dividends

2.4%

Current Dividend Yield

84%

Payout Ratio

Valuation

Is RDC Properties undervalued compared to its fair value and its price relative to the market?

35.44x

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.


Future Growth

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

37.8%

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.


Past Performance

How has RDC Properties performed over the past 5 years?

-3.2%

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.


Financial Health

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).


Balance Sheet


Dividend

What is RDC Properties's current dividend yield, its reliability and sustainability?

2.43%

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.


Next Steps

Management

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

7.2yrs

Average board tenure


CEO

Jacopo Pari (48 yo)

no data

Tenure

P66,000

Compensation

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...


Board Members

Experienced Board: RDCP's board of directors are considered experienced (7.2 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

RDC Properties Limited's employee growth, exchange listings and data sources


Key Information

  • 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

Location

  • RDC Properties Limited
  • Realestate Office Park
  • Plot 5624
  • Gaborone
  • Botswana

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/20 22:05
End of Day Share Price2021/10/20 00:00
Earnings2020/12/31
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.