Fan Milk PLC produces and sells dairy products and fruit drinks in Ghana.
Price History & Performance
|Historical stock prices|
|Current Share Price||GH₵5.00|
|52 Week High||GH₵0|
|52 Week Low||GH₵0|
|1 Month Change||160.42%|
|3 Month Change||270.37%|
|1 Year Change||376.19%|
|3 Year Change||-58.68%|
|5 Year Change||-48.98%|
|Change since IPO||80,247.10%|
Recent News & Updates
|FML||GH Food||GH Market|
Return vs Industry: FML exceeded the GH Food industry which returned 18.3% over the past year.
Return vs Market: FML exceeded the GH Market which returned 66.7% over the past year.
Stable Share Price: Insufficient data to determine FML's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine FML's volatility change over the past year.
About the Company
Fan Milk PLC produces and sells dairy products and fruit drinks in Ghana. The company is based in Accra, Ghana. Fan Milk PLC is a subsidiary of Fan Milk International A/S.
Fan Milk Fundamentals Summary
|FML fundamental statistics|
Is FML overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|FML income statement (TTM)|
|Cost of Revenue||GH₵291.57m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.058|
|Net Profit Margin||1.57%|
How did FML perform over the long term?See historical performance and comparison
Is Fan Milk 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: FML (GHS5) is trading above our estimate of fair value (GHS4.26)
Significantly Below Fair Value: FML is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: FML is poor value based on its PE Ratio (86.5x) compared to the African Food industry average (13.7x).
PE vs Market: FML is poor value based on its PE Ratio (86.5x) compared to the GH market (5.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate FML's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: FML is overvalued based on its PB Ratio (2.2x) compared to the XF Food industry average (1.4x).
How is Fan Milk forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if FML's forecast earnings growth is above the savings rate (9.1%).
Earnings vs Market: Insufficient data to determine if FML'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: FML's revenue (11.3% per year) is forecast to grow slower than the GH market (15.8% per year).
High Growth Revenue: FML's revenue (11.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: FML's Return on Equity is forecast to be low in 3 years time (11.7%).
How has Fan Milk performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FML has high quality earnings.
Growing Profit Margin: FML's current net profit margins (1.6%) are lower than last year (4%).
Past Earnings Growth Analysis
Earnings Trend: FML's earnings have declined by 46.1% per year over the past 5 years.
Accelerating Growth: FML's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: FML had negative earnings growth (-55.6%) over the past year, making it difficult to compare to the Food industry average (8%).
Return on Equity
High ROE: FML's Return on Equity (2.5%) is considered low.
How is Fan Milk's financial position?
Financial Position Analysis
Short Term Liabilities: FML's short term assets (GHS250.7M) exceed its short term liabilities (GHS169.3M).
Long Term Liabilities: FML's short term assets (GHS250.7M) exceed its long term liabilities (GHS9.4M).
Debt to Equity History and Analysis
Debt Level: FML is debt free.
Reducing Debt: FML has not had any debt for past 5 years.
Debt Coverage: FML has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: FML has no debt, therefore coverage of interest payments is not a concern.
What is Fan Milk current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate FML's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate FML'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 FML's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if FML's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: FML is not paying a notable dividend for the GH market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of FML'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?
Ziobeieton Yeo (45 yo)
Mr. Ziobeieton Yeo serves as Director and Managing Director at Fan Milk PLC since January 1, 2019.
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.
Fan Milk PLC's employee growth, exchange listings and data sources
- Name: Fan Milk PLC
- Ticker: FML
- Exchange: GHSE
- Founded: NaN
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Market Cap: GH₵581.036m
- Shares outstanding: 116.21m
Number of Employees
- Fan Milk PLC
- No.1. Dadeban Road
- North Industrial Area
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/19 17:02|
|End of Day Share Price||2021/10/18 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.