Botswana Telecommunications Corporation Limited provides telecommunications services in Botswana.
Price History & Performance
|Historical stock prices|
|Current Share Price||P0.71|
|52 Week High||P0|
|52 Week Low||P0|
|1 Month Change||1.43%|
|3 Month Change||0%|
|1 Year Change||1.43%|
|3 Year Change||-37.72%|
|5 Year Change||-16.47%|
|Change since IPO||-47.02%|
Recent News & Updates
|BTCL||BW Telecom||BW Market|
Return vs Industry: BTCL underperformed the BW Telecom industry which returned 10.8% over the past year.
Return vs Market: BTCL matched the BW Market which returned 1.1% over the past year.
Stable Share Price: BTCL is not significantly more volatile than the rest of BW stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: BTCL's weekly volatility (2%) has been stable over the past year.
About the Company
Botswana Telecommunications Corporation Limited provides telecommunications services in Botswana. The company offers fixed and mobile voice telephony, including prepaid and postpaid services; internet services; and landline, broadband, phonebook, toll free, and contact center services, as well as ethernet, smart office, call conferencing, telephone management, call recording, and value added services. It also provides digital services, including data center, colocation, cloud, and Microsoft solutions; very small aperture terminal, security as a service, mobile financial, and manage network services; BTC mobile products and services; internet devices; and virtual private networks and customer premises equipment.
Botswana Telecommunications Fundamentals Summary
|BTCL fundamental statistics|
Is BTCL overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|BTCL income statement (TTM)|
|Cost of Revenue||P621.25m|
Last Reported Earnings
Mar 31, 2021
Next Earnings Date
|Earnings per share (EPS)||0.13|
|Net Profit Margin||9.49%|
How did BTCL perform over the long term?See historical performance and comparison
15.0%Current Dividend Yield
Is Botswana Telecommunications 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: BTCL (BWP0.71) is trading below our estimate of fair value (BWP17.59)
Significantly Below Fair Value: BTCL is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BTCL is good value based on its PE Ratio (5.5x) compared to the African Telecom industry average (8x).
PE vs Market: BTCL is good value based on its PE Ratio (5.5x) compared to the BW market (10.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BTCL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BTCL is good value based on its PB Ratio (0.3x) compared to the XF Telecom industry average (0.7x).
How is Botswana Telecommunications forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Telecom 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 Botswana Telecommunications 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 Botswana Telecommunications performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BTCL has high quality earnings.
Growing Profit Margin: BTCL's current net profit margins (9.5%) are higher than last year (8.2%).
Past Earnings Growth Analysis
Earnings Trend: BTCL has become profitable over the past 5 years, growing earnings by 32.4% per year.
Accelerating Growth: BTCL's earnings growth over the past year (15.9%) is below its 5-year average (32.4% per year).
Earnings vs Industry: BTCL earnings growth over the past year (15.9%) underperformed the Telecom industry 29.6%.
Return on Equity
High ROE: BTCL's Return on Equity (6%) is considered low.
How is Botswana Telecommunications's financial position?
Financial Position Analysis
Short Term Liabilities: BTCL's short term assets (BWP627.8M) exceed its short term liabilities (BWP411.5M).
Long Term Liabilities: BTCL's short term assets (BWP627.8M) exceed its long term liabilities (BWP347.3M).
Debt to Equity History and Analysis
Debt Level: BTCL is debt free.
Reducing Debt: BTCL has not had any debt for past 5 years.
Debt Coverage: BTCL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: BTCL has no debt, therefore coverage of interest payments is not a concern.
What is Botswana Telecommunications's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BTCL's dividend (14.96%) is higher than the bottom 25% of dividend payers in the BW market (4.27%).
High Dividend: BTCL's dividend (14.96%) is in the top 25% of dividend payers in the BW market (7.98%)
Stability and Growth of Payments
Stable Dividend: BTCL has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: BTCL's dividend payments have increased, but the company has only paid a dividend for 5 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (65.5%), BTCL'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 management tenure
Anthony Masunga (49 yo)
Mr. Anthony Masunga has been Managing Director and Executive Director of Botswana Telecommunications Corporation Limited since January 1, 2017. Mr. Masunga served as Acting Managing Director of Botswana Te...
CEO Compensation Analysis
Compensation vs Market: Anthony's total compensation ($USD222.74K) is about average for companies of similar size in the BW market ($USD222.49K).
Compensation vs Earnings: Anthony's compensation has been consistent with company performance over the past year.
Experienced Management: BTCL's management team is considered experienced (3.8 years average tenure).
Experienced Board: BTCL's board of directors are considered experienced (4.4 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.
Botswana Telecommunications Corporation Limited's employee growth, exchange listings and data sources
- Name: Botswana Telecommunications Corporation Limited
- Ticker: BTCL
- Exchange: BSM
- Founded: 1980
- Industry: Alternative Carriers
- Sector: Telecom
- Market Cap: P745.500m
- Shares outstanding: 1.05b
- Website: https://www.btc.bw
Number of Employees
- Botswana Telecommunications Corporation Limited
- Megaleng House
- Plot 50350, Khama Crescent
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/20 22:04|
|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.