Turnstar Holdings Limited operates as a property investment company in Botswana, Tanzania, and the United Arab Emirates.
Price History & Performance
|Historical stock prices|
|Current Share Price||P1.80|
|52 Week High||P0|
|52 Week Low||P0|
|1 Month Change||-5.26%|
|3 Month Change||-10.00%|
|1 Year Change||-25.00%|
|3 Year Change||-40.40%|
|5 Year Change||-44.79%|
|Change since IPO||89.47%|
Recent News & Updates
|TURNSTAR||BW Real Estate||BW Market|
Return vs Industry: TURNSTAR underperformed the BW Real Estate industry which returned -1.5% over the past year.
Return vs Market: TURNSTAR underperformed the BW Market which returned 1.4% over the past year.
Stable Share Price: TURNSTAR is more volatile than 75% of BW stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: TURNSTAR's weekly volatility (2%) has been stable over the past year, but is still higher than 75% of BW stocks.
About the Company
Turnstar Holdings Limited operates as a property investment company in Botswana, Tanzania, and the United Arab Emirates. It invests in shopping centers, office, commercial, residential, and industrial properties. The company is headquartered in Gaborone, Botswana.
Turnstar Holdings Fundamentals Summary
|TURNSTAR fundamental statistics|
Is TURNSTAR overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|TURNSTAR income statement (TTM)|
|Cost of Revenue||P86.23m|
Last Reported Earnings
Jan 31, 2021
Next Earnings Date
|Earnings per share (EPS)||0.14|
|Net Profit Margin||33.00%|
How did TURNSTAR perform over the long term?See historical performance and comparison
10.0%Current Dividend Yield
Is Turnstar Holdings 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: TURNSTAR (BWP1.8) is trading below our estimate of fair value (BWP2.15)
Significantly Below Fair Value: TURNSTAR is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: TURNSTAR's PE Ratio (12.7x) is in line with the BW Real Estate industry average.
PE vs Market: TURNSTAR is poor value based on its PE Ratio (12.7x) compared to the BW market (10.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate TURNSTAR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TURNSTAR is good value based on its PB Ratio (0.6x) compared to the BW Real Estate industry average (0.8x).
How is Turnstar Holdings 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 Turnstar 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.
How has Turnstar Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TURNSTAR has high quality earnings.
Growing Profit Margin: TURNSTAR's current net profit margins (33%) are lower than last year (42.8%).
Past Earnings Growth Analysis
Earnings Trend: TURNSTAR's earnings have declined by 22.3% per year over the past 5 years.
Accelerating Growth: TURNSTAR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: TURNSTAR had negative earnings growth (-30%) over the past year, making it difficult to compare to the Real Estate industry average (-30%).
Return on Equity
High ROE: TURNSTAR's Return on Equity (4.8%) is considered low.
How is Turnstar Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: TURNSTAR's short term assets (BWP65.8M) do not cover its short term liabilities (BWP83.0M).
Long Term Liabilities: TURNSTAR's short term assets (BWP65.8M) do not cover its long term liabilities (BWP728.5M).
Debt to Equity History and Analysis
Debt Level: TURNSTAR's debt to equity ratio (34.6%) is considered satisfactory.
Reducing Debt: TURNSTAR's debt to equity ratio has increased from 32.2% to 34.6% over the past 5 years.
Debt Coverage: TURNSTAR's debt is well covered by operating cash flow (21.5%).
Interest Coverage: TURNSTAR's interest payments on its debt are well covered by EBIT (5.1x coverage).
What is Turnstar Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TURNSTAR's dividend (10%) is higher than the bottom 25% of dividend payers in the BW market (4.27%).
High Dividend: TURNSTAR's dividend (10%) is in the top 25% of dividend payers in the BW market (7.98%)
Stability and Growth of Payments
Stable Dividend: TURNSTAR's dividend payments have been volatile in the past 10 years.
Growing Dividend: TURNSTAR's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (133.7%), TURNSTAR's dividend payments are not well 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 management tenure
Mr. Gulaam Husain Abdoola has been Managing Director of Turnstar Holdings Limited since June 1, 2013. Mr. Abdoola serves as Managing Director at GH Group (Pty) Ltd. He serves as Executive Chairman of GH Gr...
CEO Compensation Analysis
Compensation vs Market: Gulaam's total compensation ($USD261.05K) is about average for companies of similar size in the BW market ($USD221.50K).
Compensation vs Earnings: Gulaam's compensation has been consistent with company performance over the past year.
Experienced Management: TURNSTAR's management team is seasoned and experienced (9.1 years average tenure).
Experienced Board: TURNSTAR's board of directors are considered experienced (7.7 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.
Turnstar Holdings Limited's employee growth, exchange listings and data sources
- Name: Turnstar Holdings Limited
- Ticker: TURNSTAR
- Exchange: BSM
- Founded: NaN
- Industry: Real Estate Operating Companies
- Sector: Real Estate
- Market Cap: P1.030b
- Shares outstanding: 572.15m
- Website: https://www.turnstar.co.bw
- Turnstar Holdings Limited
- Turnstar House
- Plot K09
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/19 21:43|
|End of Day Share Price||2021/10/19 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.