Mega African Capital Ltd. is a principal investment firm speculating in equity investments and unlisted equity investments.
Price History & Performance
|Historical stock prices|
|Current Share Price||GH₵5.39|
|52 Week High||GH₵0|
|52 Week Low||GH₵0|
|1 Month Change||n/a|
|3 Month Change||n/a|
|1 Year Change||n/a|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||54.00%|
Recent News & Updates
|MAC||GH Capital Markets||GH Market|
Return vs Industry: Insufficient data to determine how MAC performed against the GH Capital Markets industry.
Return vs Market: Insufficient data to determine how MAC performed against the GH Market.
Stable Share Price: Insufficient data to determine MAC's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine MAC's volatility change over the past year.
About the Company
Mega African Capital Ltd. is a principal investment firm speculating in equity investments and unlisted equity investments. It also makes real estate investments includes residential, commercial, industrial and hospitality. The firm prefers to invest in Africa.
Mega African Capital Fundamentals Summary
|MAC fundamental statistics|
Is MAC overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MAC income statement (TTM)|
|Cost of Revenue||GH₵0|
Last Reported Earnings
Sep 30, 2020
Next Earnings Date
|Earnings per share (EPS)||0.41|
|Net Profit Margin||32.31%|
How did MAC perform over the long term?See historical performance and comparison
Is Mega African Capital 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: Insufficient data to calculate MAC's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate MAC's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: MAC is poor value based on its PE Ratio (13.2x) compared to the African Capital Markets industry average (10.7x).
PE vs Market: MAC is poor value based on its PE Ratio (13.2x) compared to the GH market (5.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MAC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MAC's PB Ratio (0.7x) is in line with the XF Capital Markets industry average.
How is Mega African Capital forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Diversified Financials 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 Mega African Capital 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 Mega African Capital performed over the past 5 years?
Last years earnings growth
Earnings and Revenue History
Quality Earnings: MAC has a high level of non-cash earnings.
Growing Profit Margin: MAC's current net profit margins (32.3%) are higher than last year (27.1%).
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if MAC's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Insufficient data to compare MAC's past year earnings growth to its 5-year average.
Earnings vs Industry: MAC earnings growth over the past year (12.3%) underperformed the Capital Markets industry 36.3%.
Return on Equity
High ROE: MAC's Return on Equity (5.7%) is considered low.
How is Mega African Capital's financial position?
Financial Position Analysis
Short Term Liabilities: MAC's short term assets (GHS62.9M) do not cover its short term liabilities (GHS71.9M).
Long Term Liabilities: MAC has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MAC is debt free.
Reducing Debt: MAC has no debt compared to 5 years ago when its debt to equity ratio was 1.7%.
Debt Coverage: MAC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MAC has no debt, therefore coverage of interest payments is not a concern.
What is Mega African Capital current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MAC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MAC'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 MAC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MAC's dividend payments have been increasing.
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: No need to calculate the sustainability of MAC's dividend in 3 years as they are not forecast to pay a notable one for the GH market.
How experienced are the management team and are they aligned to shareholders interests?
Kwesi Amonoo-Neizer (56 yo)
Mr. Kwesi Amonoo-Neizer has been Managing Director of Mega African Capital Ltd. since August 16, 2013 and serves as its Director. Mr. Amonoo-Neizer serves as a Partner in charge of investments at OAK Partn...
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: Insufficient data to determine if shareholders have been diluted in the past year.
Mega African Capital Ltd.'s employee growth, exchange listings and data sources
- Name: Mega African Capital Ltd.
- Ticker: MAC
- Exchange: GHSE
- Founded: 2008
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: GH₵53.623m
- Shares outstanding: 9.95m
- Website: https://www.megafricancapital.com
- Mega African Capital Ltd.
- No. 35 Latebu Crescent
- PMB CT 235
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/26 17:04|
|End of Day Share Price||2021/10/01 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.