Steppe Cement Ltd., an investment holding company, produces and sells cement in Kazakhstan.
Price History & Performance
|Historical stock prices|
|Current Share Price||UK£0.45|
|52 Week High||UK£0.25|
|52 Week Low||UK£0.62|
|1 Month Change||1.12%|
|3 Month Change||-8.16%|
|1 Year Change||73.08%|
|3 Year Change||73.08%|
|5 Year Change||143.24%|
|Change since IPO||-9.09%|
Recent News & Updates
Do Steppe Cement's (LON:STCM) Earnings Warrant Your Attention?
It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
Steppe Cement (LON:STCM) Will Pay A Smaller Dividend Than Last Year
Steppe Cement Ltd. ( LON:STCM ) is reducing its dividend to UK£0.025 on the 30th of July. This means the annual payment...
Is Steppe Cement (LON:STCM) The Next Multi-Bagger?
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Is Steppe Cement Ltd. (LON:STCM) The Right Choice For A Smart Dividend Investor?
Today we'll take a closer look at Steppe Cement Ltd. ( LON:STCM ) from a dividend investor's perspective. Owning a...
|STCM||GB Basic Materials||GB Market|
Return vs Industry: STCM exceeded the UK Basic Materials industry which returned 26.7% over the past year.
Return vs Market: STCM exceeded the UK Market which returned 25.2% over the past year.
Stable Share Price: STCM is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: STCM's weekly volatility (6%) has been stable over the past year.
About the Company
|n/a||781||Javier del Ser Perez||https://www.steppecement.com|
Steppe Cement Ltd., an investment holding company, produces and sells cement in Kazakhstan. It also engages in the provision of consultancy services; and transmission and distribution of electricity. Steppe Cement Ltd.
Steppe Cement Fundamentals Summary
|STCM fundamental statistics|
Is STCM overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|STCM income statement (TTM)|
|Cost of Revenue||US$43.38m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.06|
|Net Profit Margin||16.45%|
How did STCM perform over the long term?See historical performance and comparison
10.8%Current Dividend Yield
Is Steppe Cement 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: STCM (£0.45) is trading below our estimate of fair value (£1.37)
Significantly Below Fair Value: STCM is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: STCM is good value based on its PE Ratio (10.3x) compared to the UK Basic Materials industry average (24.3x).
PE vs Market: STCM is good value based on its PE Ratio (10.3x) compared to the UK market (21.4x).
Price to Earnings Growth Ratio
PEG Ratio: STCM is poor value based on its PEG Ratio (1.5x)
Price to Book Ratio
PB vs Industry: STCM is good value based on its PB Ratio (2.2x) compared to the GB Basic Materials industry average (2.6x).
How is Steppe Cement forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: STCM's forecast earnings growth (6.7% per year) is above the savings rate (0.9%).
Earnings vs Market: STCM's earnings (6.7% per year) are forecast to grow slower than the UK market (12.9% per year).
High Growth Earnings: STCM's earnings are forecast to grow, but not significantly.
Revenue vs Market: STCM's revenue (3.4% per year) is forecast to grow slower than the UK market (4.9% per year).
High Growth Revenue: STCM's revenue (3.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: STCM's Return on Equity is forecast to be high in 3 years time (28.8%)
How has Steppe Cement performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: STCM has high quality earnings.
Growing Profit Margin: STCM's current net profit margins (16.5%) are higher than last year (13.9%).
Past Earnings Growth Analysis
Earnings Trend: STCM has become profitable over the past 5 years, growing earnings by 49.6% per year.
Accelerating Growth: STCM's earnings growth over the past year (24%) is below its 5-year average (49.6% per year).
Earnings vs Industry: STCM earnings growth over the past year (24%) underperformed the Basic Materials industry 24%.
Return on Equity
High ROE: STCM's Return on Equity (21%) is considered high.
How is Steppe Cement's financial position?
Financial Position Analysis
Short Term Liabilities: STCM's short term assets ($34.6M) exceed its short term liabilities ($14.0M).
Long Term Liabilities: STCM's short term assets ($34.6M) exceed its long term liabilities ($11.3M).
Debt to Equity History and Analysis
Debt Level: STCM's debt to equity ratio (9.6%) is considered satisfactory.
Reducing Debt: STCM's debt to equity ratio has reduced from 56.7% to 9.6% over the past 5 years.
Debt Coverage: STCM's debt is well covered by operating cash flow (324.5%).
Interest Coverage: STCM's interest payments on its debt are well covered by EBIT (30.5x coverage).
What is Steppe Cement current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: STCM's dividend (10.82%) is higher than the bottom 25% of dividend payers in the UK market (1.39%).
High Dividend: STCM's dividend (10.82%) is in the top 25% of dividend payers in the UK market (4.04%)
Stability and Growth of Payments
Stable Dividend: STCM has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: STCM's dividend payments have increased, but the company has only paid a dividend for 7 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (58.5%), STCM's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: STCM's dividends in 3 years are not forecast to be well covered by earnings (96.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Javier del Ser Perez (55 yo)
Mr. Javier Del Ser Perez serves as Chief Executive Officer and Executive Director at Steppe Cement Ltd. Prior to joining Chagala Group in 2000, Mr. Del Ser Perez worked for 4 years for the Kazakhstan Asse...
Experienced Board: STCM's board of directors are not considered experienced ( 1 years average tenure), which suggests a new board.
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.
Steppe Cement Ltd.'s employee growth, exchange listings and data sources
- Name: Steppe Cement Ltd.
- Ticker: STCM
- Exchange: AIM
- Founded: NaN
- Industry: Construction Materials
- Sector: Materials
- Market Cap: UK£98.550m
- Shares outstanding: 219.00m
- Website: https://www.steppecement.com
Number of Employees
- Steppe Cement Ltd.
- Rohas Perkasa
- Suite 10.1, 10th Floor
- Kuala Lumpur
- Wilayah Persekutuan
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/21 21:00|
|End of Day Share Price||2021/10/21 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.