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PALC

PalmciBRVM:PALC Stock Report

Market Cap

XOF89.7b

7D

-6.7%

1Y

364.0%

Updated

20 Oct, 2021

Data

Company Financials
PALC fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance4/6
Financial Health5/6
Dividends0/6

PALC Overview

Palmci SA engages in the cultivation, processing, and marketing of crude palm oil in West African countries.

Price History & Performance

Summary of all time highs, changes and price drops for Palmci
Historical stock prices
Current Share PriceXOF5,800.00
52 Week HighXOF0
52 Week LowXOF0
Beta1.32
1 Month Change20.21%
3 Month Change31.82%
1 Year Change364.00%
3 Year Change153.28%
5 Year Change-7.27%
Change since IPO286.67%

Recent News & Updates

Shareholder Returns

PALCCI FoodCI Market
7D-6.7%0.7%-0.02%
1Y364.0%205.9%52.6%

Return vs Industry: PALC exceeded the CI Food industry which returned 205.9% over the past year.

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

Price Volatility

Is PALC's price volatile compared to industry and market?
PALC volatility
PALC Beta1.32
Industry Beta0.52
Market Beta1

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

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

About the Company

FoundedEmployeesCEOWebsite
19697,603n/ahttps://www.palmci.ci

Palmci SA engages in the cultivation, processing, and marketing of crude palm oil in West African countries. It also sells refined palm oil through its Dinor and Palme d’Or brands. The company was founded in 1969 and is based in Abidjan, Ivory Coast.

Palmci Fundamentals Summary

How do Palmci's earnings and revenue compare to its market cap?
PALC fundamental statistics
Market CapXOF89.66b
Earnings (TTM)XOF24.28b
Revenue (TTM)XOF174.96b

3.7x

P/E Ratio

0.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PALC income statement (TTM)
RevenueXOF174.96b
Cost of RevenueXOF61.17b
Gross ProfitXOF113.79b
ExpensesXOF89.51b
EarningsXOF24.28b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)1.57k
Gross Margin65.04%
Net Profit Margin13.88%
Debt/Equity Ratio31.4%

How did PALC perform over the long term?

See historical performance and comparison

Dividends

2.0%

Current Dividend Yield

n/a

Payout Ratio

Valuation

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

3.69x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: PALC (CFA5800) is trading above our estimate of fair value (CFA1062.88)

Significantly Below Fair Value: PALC is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: PALC is good value based on its PE Ratio (3.7x) compared to the African Food industry average (13.4x).

PE vs Market: PALC is good value based on its PE Ratio (3.7x) compared to the CI market (8.1x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: PALC's PB Ratio (1.3x) is in line with the XF Food industry average.


Future Growth

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

13.5%

Forecasted Food, Beverage & Tobacco 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 Palmci 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 Palmci performed over the past 5 years?

2.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PALC has high quality earnings.

Growing Profit Margin: PALC became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: PALC's earnings have grown by 2.5% per year over the past 5 years.

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

Earnings vs Industry: PALC has become profitable in the last year, making it difficult to compare its past year earnings growth to the Food industry (8%).


Return on Equity

High ROE: PALC's Return on Equity (35.1%) is considered high.


Financial Health

How is Palmci's financial position?


Financial Position Analysis

Short Term Liabilities: PALC's short term assets (CFA30.9B) exceed its short term liabilities (CFA23.5B).

Long Term Liabilities: PALC's short term assets (CFA30.9B) do not cover its long term liabilities (CFA45.9B).


Debt to Equity History and Analysis

Debt Level: PALC's debt to equity ratio (31.4%) is considered satisfactory.

Reducing Debt: PALC's debt to equity ratio has reduced from 38.1% to 31.4% over the past 5 years.

Debt Coverage: PALC's debt is well covered by operating cash flow (74.2%).

Interest Coverage: PALC's interest payments on its debt are well covered by EBIT (16x coverage).


Balance Sheet


Dividend

What is Palmci current dividend yield, its reliability and sustainability?

1.96%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: PALC's dividend (1.96%) isn’t notable compared to the bottom 25% of dividend payers in the CI market (4.09%).

High Dividend: PALC's dividend (1.96%) is low compared to the top 25% of dividend payers in the CI market (9.72%).


Stability and Growth of Payments

Stable Dividend: Too early to tell whether PALC's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if PALC's dividend payments are increasing as they only just started paying a dividend.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its 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.


Next Steps

Management

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


CEO

Palmci has no CEO, or we have no data on them.


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

Palmci SA's employee growth, exchange listings and data sources


Key Information

  • Name: Palmci SA
  • Ticker: PALC
  • Exchange: BRVM
  • Founded: 1969
  • Industry: Agricultural Products
  • Sector: Food, Beverage & Tobacco
  • Market Cap: XOF89.664b
  • Shares outstanding: 15.46m
  • Website: https://www.palmci.ci

Number of Employees


Location

  • Palmci SA
  • Boulevard de Vridi
  • 18 BP 3321
  • Abidjan
  • 18
  • Ivory Coast

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
Earnings2021/06/30
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.