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TOTA

Total Petroleum GhanaGHSE:TOTAL Stock Report

Market Cap

GH₵559.4m

7D

7.5%

1Y

112.8%

Updated

17 Oct, 2021

Data

Company Financials +
TOTAL fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance6/6
Financial Health6/6
Dividends2/6

TOTAL Overview

Total Petroleum Ghana Limited engages in marketing and sale of petroleum and allied products in Ghana.

Price History & Performance

Summary of all time highs, changes and price drops for Total Petroleum Ghana
Historical stock prices
Current Share PriceGH₵5.00
52 Week HighGH₵0
52 Week LowGH₵0
Beta0.70
1 Month Change8.23%
3 Month Change36.99%
1 Year Change112.77%
3 Year Change21.95%
5 Year Change127.27%
Change since IPO11,282.26%

Recent News & Updates

Shareholder Returns

TOTALGH Oil and GasGH Market
7D7.5%-0.7%-0.8%
1Y112.8%37.2%67.3%

Return vs Industry: TOTAL exceeded the GH Oil and Gas industry which returned 37.2% over the past year.

Return vs Market: TOTAL exceeded the GH Market which returned 67.3% over the past year.

Price Volatility

Is TOTAL's price volatile compared to industry and market?
TOTAL volatility
TOTAL Beta0.70
Industry Beta0.55
Market Beta1

Stable Share Price: Insufficient data to determine TOTAL's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine TOTAL's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
1951215Olufemi Babajidehttps://www.total-ghana.com

Total Petroleum Ghana Limited engages in marketing and sale of petroleum and allied products in Ghana. It offers gasoline and diesel; fuel oil and diesel fuel for marine; aviation gasolines and fuels; racing lubricants and fuels, biocides, and refining additives; and industry fuels and automotive lubricants. The company also operates a network of 250 service stations with shops, car wash and maintenance services, restaurants and coffee shops, and digital services in Ghana.

Total Petroleum Ghana Fundamentals Summary

How do Total Petroleum Ghana's earnings and revenue compare to its market cap?
TOTAL fundamental statistics
Market CapGH₵559.37m
Earnings (TTM)GH₵139.00m
Revenue (TTM)GH₵2.75b

4.0x

P/E Ratio

0.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TOTAL income statement (TTM)
RevenueGH₵2.75b
Cost of RevenueGH₵1.65b
Gross ProfitGH₵1.10b
ExpensesGH₵960.67m
EarningsGH₵139.00m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)1.24
Gross Margin40.03%
Net Profit Margin5.06%
Debt/Equity Ratio23.7%

How did TOTAL perform over the long term?

See historical performance and comparison

Dividends

4.9%

Current Dividend Yield

14%

Payout Ratio

Valuation

Is Total Petroleum Ghana undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: TOTAL (GHS5) is trading below our estimate of fair value (GHS16.04)

Significantly Below Fair Value: TOTAL is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: TOTAL is good value based on its PE Ratio (4x) compared to the African Oil and Gas industry average (7.1x).

PE vs Market: TOTAL is good value based on its PE Ratio (4x) compared to the GH market (5.3x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate TOTAL's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: TOTAL is overvalued based on its PB Ratio (1.4x) compared to the XF Oil and Gas industry average (1.1x).


Future Growth

How is Total Petroleum Ghana forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

13.9%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if TOTAL's forecast earnings growth is above the savings rate (9.1%).

Earnings vs Market: Insufficient data to determine if TOTAL's earnings are forecast to grow faster than the GH market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: TOTAL's revenue (13.9% per year) is forecast to grow slower than the GH market (15.8% per year).

High Growth Revenue: TOTAL's revenue (13.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: TOTAL's Return on Equity is forecast to be high in 3 years time (37.8%)


Past Performance

How has Total Petroleum Ghana performed over the past 5 years?

31.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TOTAL has high quality earnings.

Growing Profit Margin: TOTAL's current net profit margins (5.1%) are higher than last year (2.9%).


Past Earnings Growth Analysis

Earnings Trend: TOTAL's earnings have grown significantly by 31.3% per year over the past 5 years.

Accelerating Growth: TOTAL's earnings growth over the past year (95.2%) exceeds its 5-year average (31.3% per year).

Earnings vs Industry: TOTAL earnings growth over the past year (95.2%) exceeded the Oil and Gas industry 50.7%.


Return on Equity

High ROE: TOTAL's Return on Equity (35.6%) is considered high.


Financial Health

How is Total Petroleum Ghana's financial position?


Financial Position Analysis

Short Term Liabilities: TOTAL's short term assets (GHS611.7M) exceed its short term liabilities (GHS606.1M).

Long Term Liabilities: TOTAL's short term assets (GHS611.7M) exceed its long term liabilities (GHS71.2M).


Debt to Equity History and Analysis

Debt Level: TOTAL's debt to equity ratio (23.7%) is considered satisfactory.

Reducing Debt: TOTAL's debt to equity ratio has reduced from 78.1% to 23.7% over the past 5 years.

Debt Coverage: TOTAL's debt is well covered by operating cash flow (209.3%).

Interest Coverage: TOTAL's interest payments on its debt are well covered by EBIT (102x coverage).


Balance Sheet


Dividend

What is Total Petroleum Ghana current dividend yield, its reliability and sustainability?

4.86%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: TOTAL's dividend (4.86%) is higher than the bottom 25% of dividend payers in the GH market (4.71%).

High Dividend: TOTAL's dividend (4.86%) is low compared to the top 25% of dividend payers in the GH market (8.17%).


Stability and Growth of Payments

Stable Dividend: TOTAL has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: TOTAL's dividend payments have increased, but the company has only paid a dividend for 5 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (14%), TOTAL's dividend payments are thoroughly 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.


Next Steps

Management

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

3.5yrs

Average board tenure


CEO

Olufemi Babajide

0.17

Tenure

Mr. Olufemi Babajide is Managing Director & Director of Total Petroleum Ghana Plc from August 15, 2021.


Board Members

Experienced Board: TOTAL's board of directors are considered experienced (3.5 years average tenure).


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: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Total Petroleum Ghana Plc's employee growth, exchange listings and data sources


Key Information

  • Name: Total Petroleum Ghana Plc
  • Ticker: TOTAL
  • Exchange: GHSE
  • Founded: 1951
  • Industry: Oil and Gas Refining and Marketing
  • Sector: Energy
  • Market Cap: GH₵559.370m
  • Shares outstanding: 111.87m
  • Website: https://www.total-ghana.com

Number of Employees


Location

  • Total Petroleum Ghana Plc
  • Total House
  • 25 Liberia Road
  • Accra
  • Ghana

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/17 17:06
End of Day Share Price2021/10/13 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.