Guinness Ghana Breweries Limited manufactures, sells, and distributes alcoholic and non-alcoholic beverages, and other ancillary products Ghana and internationally.
Price History & Performance
|Historical stock prices|
|Current Share Price||GH₵1.81|
|52 Week High||GH₵0|
|52 Week Low||GH₵0|
|1 Month Change||9.70%|
|3 Month Change||40.31%|
|1 Year Change||81.00%|
|3 Year Change||-23.63%|
|5 Year Change||7.10%|
|Change since IPO||7,287.76%|
Recent News & Updates
|GGBL||GH Beverage||GH Market|
Return vs Industry: GGBL exceeded the GH Beverage industry which returned 25% over the past year.
Return vs Market: GGBL exceeded the GH Market which returned 66.7% over the past year.
Stable Share Price: Insufficient data to determine GGBL's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine GGBL's volatility change over the past year.
About the Company
|n/a||548||Helene Elizabeth Weesie||https://www.diageo.com/en/our-business/where-we-operate/africa/guinness-ghana-breweries-plc|
Guinness Ghana Breweries Limited manufactures, sells, and distributes alcoholic and non-alcoholic beverages, and other ancillary products Ghana and internationally. It offers spirits, beers, lagers and stouts, and ready to drink products under the brands, such as Guinness Foreign Extra Stout, Orijin Zero, Ciroc Ultra Premium Vodka, Johnnie Walker Reserve Scotch Whisky, Ron Zacapa Rum, Malta Guinness, Star Lager, Gulder, Alvaro, Ruut Extra, Orijin Bitters, Smirnoff Ice, Smirnoff Double Black Ice, etc. The company is based in Kumasi, Ghana. Guinness Ghana Breweries Limited operates as a subsidiary of Diageo plc.
Guinness Ghana Breweries Fundamentals Summary
|GGBL fundamental statistics|
Is GGBL overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|GGBL income statement (TTM)|
|Cost of Revenue||GH₵786.88m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.23|
|Net Profit Margin||6.48%|
How did GGBL perform over the long term?See historical performance and comparison
4.5%Current Dividend Yield
Does GGBL pay a reliable dividends?See GGBL dividend history and benchmarks
|Guinness Ghana Breweries dividend dates|
|Ex Dividend Date||Oct 28 2021|
|Dividend Pay Date||Dec 03 2021|
|Days until Ex dividend||7 days|
|Days until Dividend pay date||43 days|
Does GGBL pay a reliable dividends?See GGBL dividend history and benchmarks
Is Guinness Ghana Breweries 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: GGBL (GHS1.81) is trading above our estimate of fair value (GHS1.07)
Significantly Below Fair Value: GGBL is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: GGBL is good value based on its PE Ratio (7.8x) compared to the African Beverage industry average (27.6x).
PE vs Market: GGBL is poor value based on its PE Ratio (7.8x) compared to the GH market (5.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate GGBL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GGBL is good value based on its PB Ratio (1.5x) compared to the XF Beverage industry average (2.4x).
How is Guinness Ghana Breweries forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted Food, Beverage & Tobacco industry annual growth in earnings
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if GGBL's forecast earnings growth is above the savings rate (9.1%).
Earnings vs Market: Insufficient data to determine if GGBL'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: Insufficient data to determine if GGBL's revenue is forecast to grow faster than the GH market.
High Growth Revenue: Insufficient data to determine if GGBL's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: GGBL's Return on Equity is forecast to be low in 3 years time (18%).
How has Guinness Ghana Breweries performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GGBL has high quality earnings.
Growing Profit Margin: GGBL's current net profit margins (6.5%) are higher than last year (1.4%).
Past Earnings Growth Analysis
Earnings Trend: GGBL has become profitable over the past 5 years, growing earnings by 44.8% per year.
Accelerating Growth: GGBL's earnings growth over the past year (488.4%) exceeds its 5-year average (44.8% per year).
Earnings vs Industry: GGBL earnings growth over the past year (488.4%) exceeded the Beverage industry 19.7%.
Return on Equity
High ROE: GGBL's Return on Equity (19.2%) is considered low.
How is Guinness Ghana Breweries's financial position?
Financial Position Analysis
Short Term Liabilities: GGBL's short term assets (GHS298.6M) do not cover its short term liabilities (GHS338.9M).
Long Term Liabilities: GGBL's short term assets (GHS298.6M) exceed its long term liabilities (GHS172.5M).
Debt to Equity History and Analysis
Debt Level: GGBL's debt to equity ratio (37.1%) is considered satisfactory.
Reducing Debt: GGBL's debt to equity ratio has reduced from 41.3% to 37.1% over the past 5 years.
Debt Coverage: GGBL's debt is well covered by operating cash flow (111.6%).
Interest Coverage: GGBL's interest payments on its debt are well covered by EBIT (6.9x coverage).
What is Guinness Ghana Breweries's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: GGBL's dividend (4.53%) isn’t notable compared to the bottom 25% of dividend payers in the GH market (4.7%).
High Dividend: GGBL's dividend (4.53%) is low compared to the top 25% of dividend payers in the GH market (8.17%).
Stability and Growth of Payments
Stable Dividend: GGBL has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: GGBL's dividend payments have increased, but the company has only paid a dividend for 9 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (35.3%), GGBL's dividend payments are well 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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Helene Elizabeth Weesie
Ms. Helene Elizabeth Antoinette Weesie serves as Executive Director at Guinness Ghana Breweries Limited since September 16, 2020 and serves as its Managing Director since September 07, 2020. Ms. Weesie had...
Experienced Management: GGBL's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.
Experienced Board: GGBL's board of directors are not considered experienced ( 2.7 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.
Guinness Ghana Breweries Limited's employee growth, exchange listings and data sources
- Name: Guinness Ghana Breweries Limited
- Ticker: GGBL
- Exchange: GHSE
- Founded: NaN
- Industry: Brewers
- Sector: Food, Beverage & Tobacco
- Market Cap: GH₵556.747m
- Shares outstanding: 307.59m
- Website: https://www.diageo.com/en/our-business/where-we-operate/africa/guinness-ghana-breweries-plc
Number of Employees
- Guinness Ghana Breweries Limited
- Industrial Area
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/19 17:03|
|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.