MAC

Mega African CapitalGHSE:MAC Stock Report

Market Cap

GH₵53.6m

7D

0%

1Y

n/a

Updated

26 Oct, 2021

Data

Company Financials
MAC fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance1/6
Financial Health5/6
Dividends0/6

MAC Overview

Mega African Capital Ltd. is a principal investment firm speculating in equity investments and unlisted equity investments.

Price History & Performance

Summary of all time highs, changes and price drops for Mega African Capital
Historical stock prices
Current Share PriceGH₵5.39
52 Week HighGH₵0
52 Week LowGH₵0
Beta0
1 Month Changen/a
3 Month Changen/a
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO54.00%

Recent News & Updates

Shareholder Returns

MACGH Capital MarketsGH Market
7D0%-2.2%0.1%
1Yn/a40.9%72.4%

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.

Price Volatility

Is MAC's price volatile compared to industry and market?
MAC volatility
MAC Beta0
Industry Beta0.87
Market Beta1

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

FoundedEmployeesCEOWebsite
2008n/aKwesi Amonoo-Neizerhttps://www.megafricancapital.com

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

How do Mega African Capital's earnings and revenue compare to its market cap?
MAC fundamental statistics
Market CapGH₵53.62m
Earnings (TTM)GH₵4.07m
Revenue (TTM)GH₵12.61m

13.2x

P/E Ratio

4.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MAC income statement (TTM)
RevenueGH₵12.61m
Cost of RevenueGH₵0
Gross ProfitGH₵12.61m
ExpensesGH₵8.54m
EarningsGH₵4.07m

Last Reported Earnings

Sep 30, 2020

Next Earnings Date

n/a

Earnings per share (EPS)0.41
Gross Margin100.00%
Net Profit Margin32.31%
Debt/Equity Ratio0.0%

How did MAC perform over the long term?

See historical performance and comparison

Valuation

Is Mega African Capital undervalued compared to its fair value and its price relative to the market?

13.16x

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.


Future Growth

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

8.2%

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.


Past Performance

How has Mega African Capital performed over the past 5 years?

12.3%

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.


Financial Health

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.


Balance Sheet


Dividend

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.


Next Steps

Management

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


CEO

Kwesi Amonoo-Neizer (56 yo)

8.17yrs

Tenure

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...


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: Insufficient data to determine if shareholders have been diluted in the past year.


Top Shareholders

Company Information

Mega African Capital Ltd.'s employee growth, exchange listings and data sources


Key Information

  • 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

Location

  • Mega African Capital Ltd.
  • No. 35 Latebu Crescent
  • PMB CT 235
  • Accra
  • Ghana

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/26 17:04
End of Day Share Price2021/10/01 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.