Bernabe Cote D'ivoire (BRVM:BNBC) - Share price, News & Analysis

BNBC fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	2/6
Financial Health	4/6
Dividends	0/6

BNBC Overview

Bernabe Cote D'ivoire SA, through its subsidiaries, engages in the retail and distribution of hardware, steel, and industrial materials.

Rewards

Trading at 26.6% below our estimate of its fair value

Became profitable this year

Risk Analysis

Earnings have declined by 39.9% per year over past 5 years

Debt is not well covered by operating cash flow

Highly volatile share price over the past 3 months

Does not have a meaningful market cap (CFA15B)

Price History & Performance

Summary of all time highs, changes and price drops for Bernabe Cote D'ivoire
Historical stock prices
Current Share Price	XOF2,050.00
52 Week High	XOF0
52 Week Low	XOF0
Beta	-0.21
1 Month Change	0.24%
3 Month Change	2.50%
1 Year Change	220.31%
3 Year Change	-10.87%
5 Year Change	-75.15%
Change since IPO	86.36%

Shareholder Returns

	BNBC	CI Trade Distributors	CI Market
7D	-6.0%	-1.4%	0.4%
1Y	220.3%	80.0%	53.2%

Return vs Industry: BNBC exceeded the CI Trade Distributors industry which returned 81.5% over the past year.

Return vs Market: BNBC exceeded the CI Market which returned 52.6% over the past year.

Price Volatility

Is BNBC's price volatile compared to industry and market?
BNBC volatility
BNBC Beta	-0.21
Industry Beta	0.76
Market Beta	1

Stable Share Price: BNBC is more volatile than 90% of CI stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: BNBC's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of CI stocks.

About the Company

Founded	Employees	CEO	Website
1951	n/a	Abdul Beydoun	https://www.bernabeafrique.com

Bernabe Cote D'ivoire SA, through its subsidiaries, engages in the retail and distribution of hardware, steel, and industrial materials. It offers construction steel, metal frames, merchant bars, flat products, and special steels. The company serves industrial, mining, farming, and construction sectors.

Bernabe Cote D'ivoire Fundamentals Summary

How do Bernabe Cote D'ivoire's earnings and revenue compare to its market cap?
BNBC fundamental statistics
Market Cap	XOF14.57b
Earnings (TTM)	XOF1.17b
Revenue (TTM)	XOF45.31b

11.6x

P/E Ratio

0.3x

P/S Ratio

Is BNBC overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
BNBC income statement (TTM)
Revenue	XOF45.31b
Cost of Revenue	XOF35.12b
Gross Profit	XOF10.19b
Expenses	XOF9.01b
Earnings	XOF1.17b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)	176.87
Gross Margin	22.48%
Net Profit Margin	2.59%
Debt/Equity Ratio	81.6%

How did BNBC perform over the long term?

See historical performance and comparison

Valuation

Is Bernabe Cote D'ivoire undervalued compared to its fair value and its price relative to the market?

26.6%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: BNBC (CFA2050) is trading below our estimate of fair value (CFA2793.48)

Significantly Below Fair Value: BNBC is trading below fair value by more than 20%.

Price To Earnings Ratio

PE vs Industry: BNBC is poor value based on its PE Ratio (11.6x) compared to the African Trade Distributors industry average (9.9x).

PE vs Market: BNBC is poor value based on its PE Ratio (11.6x) compared to the CI market (8.1x).

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate BNBC's PEG Ratio to determine if it is good value.

Price to Book Ratio

PB vs Industry: BNBC's PB Ratio (0.9x) is in line with the XF Trade Distributors industry average.

Future Growth

How is Bernabe Cote D'ivoire forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

10.7%

Forecasted Capital Goods 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 Bernabe Cote D'ivoire 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 Bernabe Cote D'ivoire performed over the past 5 years?

-39.9%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: BNBC has high quality earnings.

Growing Profit Margin: BNBC became profitable in the past.

Past Earnings Growth Analysis

Earnings Trend: BNBC's earnings have declined by 39.9% per year over the past 5 years.

Accelerating Growth: BNBC has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: BNBC has become profitable in the last year, making it difficult to compare its past year earnings growth to the Trade Distributors industry (19.1%).

Return on Equity

High ROE: BNBC's Return on Equity (7.6%) is considered low.

Financial Health

How is Bernabe Cote D'ivoire's financial position?

Financial Position Analysis

Short Term Liabilities: BNBC's short term assets (CFA33.5B) exceed its short term liabilities (CFA24.3B).

Long Term Liabilities: BNBC's short term assets (CFA33.5B) exceed its long term liabilities (CFA3.1B).

Debt to Equity History and Analysis

Debt Level: BNBC's debt to equity ratio (81.6%) is considered high.

Reducing Debt: BNBC's debt to equity ratio has reduced from 85% to 81.6% over the past 5 years.

Debt Coverage: BNBC's debt is not well covered by operating cash flow (16.4%).

Interest Coverage: BNBC's interest payments on its debt are well covered by EBIT (3.7x coverage).

Balance Sheet

Dividend

What is Bernabe Cote D'ivoire current dividend yield, its reliability and sustainability?

Dividend Yield vs Market

Notable Dividend: Unable to evaluate BNBC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate BNBC's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.

Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if BNBC's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if BNBC's dividend payments have been increasing.

Current Payout to Shareholders

Dividend Coverage: BNBC is not paying a notable dividend for the CI market.

Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of BNBC's dividend in 3 years as they are not forecast to pay a notable one for the CI market.

Next Steps

Explore strong dividend paying companies in the Capital Goods industry.

Management

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

CEO

Abdul Beydoun

no data

Tenure

Mr. Abdul Hussein Beydoun serves as Chairman & CEO of Bernabe Cote D'ivoire SA.

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.

Data	Last Updated (UTC time)
Company Analysis	2021/10/20 22:07
End of Day Share Price	2021/10/20 00:00
Earnings	2021/06/30
Annual Earnings	2020/12/31

Market Cap

7D

1Y

Updated

Data