Steppe Cement Ltd., an investment holding company, produces and sells cement in Kazakhstan. More Details
Flawless balance sheet and good value.
Share Price & News
How has Steppe Cement's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: STCM is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: STCM's weekly volatility (7%) has been stable over the past year.
7 Day Return
GB Basic Materials
1 Year Return
GB Basic Materials
Return vs Industry: STCM exceeded the UK Basic Materials industry which returned 44.4% over the past year.
Return vs Market: STCM exceeded the UK Market which returned 26.6% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Steppe Cement's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StIs Steppe Cement (LON:STCM) The Next Multi-Bagger?
2 months ago | Simply Wall StIs Steppe Cement Ltd. (LON:STCM) The Right Choice For A Smart Dividend Investor?
3 months ago | Simply Wall StSteppe Cement (LON:STCM) Has Gifted Shareholders With A Fantastic 220% Total Return On Their Investment
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 (£0.51) is trading below our estimate of fair value (£1.09)
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 (14.6x) compared to the GB Basic Materials industry average (34.1x).
PE vs Market: STCM is good value based on its PE Ratio (14.6x) compared to the UK market (26.2x).
Price to Earnings Growth Ratio
PEG Ratio: STCM is poor value based on its PEG Ratio (2.4x)
Price to Book Ratio
PB vs Industry: STCM's PB Ratio (2.5x) is in line with the GB Basic Materials industry average.
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% per year) is above the savings rate (0.9%).
Earnings vs Market: STCM's earnings (6% per year) are forecast to grow slower than the UK market (17.6% per year).
High Growth Earnings: STCM's earnings are forecast to grow, but not significantly.
Revenue vs Market: STCM's revenue (1.5% per year) is forecast to grow slower than the UK market (5.3% per year).
High Growth Revenue: STCM's revenue (1.5% 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 (24.4%)
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 (13.9%) are higher than last year (13.8%).
Past Earnings Growth Analysis
Earnings Trend: STCM has become profitable over the past 5 years, growing earnings by 71.1% per year.
Accelerating Growth: STCM's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: STCM had negative earnings growth (-10.4%) over the past year, making it difficult to compare to the Basic Materials industry average (-42.6%).
Return on Equity
High ROE: STCM's Return on Equity (16.8%) is considered low.
How is Steppe Cement's financial position?
Financial Position Analysis
Short Term Liabilities: STCM's short term assets ($30.0M) exceed its short term liabilities ($13.6M).
Long Term Liabilities: STCM's short term assets ($30.0M) exceed its long term liabilities ($11.7M).
Debt to Equity History and Analysis
Debt Level: STCM's debt to equity ratio (5.1%) is considered satisfactory.
Reducing Debt: STCM's debt to equity ratio has reduced from 44.2% to 5.1% over the past 5 years.
Debt Coverage: STCM's debt is well covered by operating cash flow (758.7%).
Interest Coverage: STCM's interest payments on its debt are well covered by EBIT (8.2x coverage).
What is Steppe Cement current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: STCM's dividend (3.62%) is higher than the bottom 25% of dividend payers in the UK market (1.35%).
High Dividend: STCM's dividend (3.62%) is low compared to 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 has only been paying a dividend for 7 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (106.8%), STCM's dividend payments are not well 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 (104.1% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Javier del Ser Perez (54 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 ( 0.6 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 company bio, 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£111.690m
- 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
Steppe Cement Ltd., an investment holding company, produces and sells cement in Kazakhstan. The company also engages in the provision of consultancy services; and transmission and distribution of electrici...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/09 00:12|
|End of Day Share Price||2021/05/07 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.