Palmci SA engages in the cultivation, processing, and marketing of crude palm oil in West African countries.
Price History & Performance
|Historical stock prices|
|Current Share Price||XOF5,800.00|
|52 Week High||XOF0|
|52 Week Low||XOF0|
|1 Month Change||20.21%|
|3 Month Change||31.82%|
|1 Year Change||364.00%|
|3 Year Change||153.28%|
|5 Year Change||-7.27%|
|Change since IPO||286.67%|
Recent News & Updates
|PALC||CI Food||CI Market|
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.
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
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
|PALC fundamental statistics|
Is PALC overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|PALC income statement (TTM)|
|Cost of Revenue||XOF61.17b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||1.57k|
|Net Profit Margin||13.88%|
How did PALC perform over the long term?See historical performance and comparison
2.0%Current Dividend Yield
Is Palmci undervalued compared to its fair value and its price relative to the market?
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.
How is Palmci forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
How has Palmci performed over the past 5 years?
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.
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).
What is Palmci current dividend yield, its reliability and sustainability?
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.
How experienced are the management team and are they aligned to shareholders interests?
Palmci has no CEO, or we have no data on them.
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.
Palmci SA's employee growth, exchange listings and data sources
- 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
- Palmci SA
- Boulevard de Vridi
- 18 BP 3321
- Ivory Coast
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/20 22:05|
|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.