| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
EGL Overview
Enterprise Group Limited provides various financial services in Ghana.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | GH₵2.50 |
| 52 Week High | GH₵0 |
| 52 Week Low | GH₵0 |
| Beta | 0.10 |
| 1 Month Change | 19.05% |
| 3 Month Change | 38.89% |
| 1 Year Change | 78.57% |
| 3 Year Change | -16.11% |
| 5 Year Change | 4.17% |
| Change since IPO | 443.48% |
Recent News & Updates
Shareholder Returns
| EGL | GH Insurance | GH Market | |
|---|---|---|---|
| 7D | 0% | 0.4% | 0.06% |
| 1Y | 78.6% | 19.2% | 70.8% |
Return vs Industry: EGL exceeded the GH Insurance industry which returned 19.2% over the past year.
Return vs Market: EGL exceeded the GH Market which returned 70.8% over the past year.
Price Volatility
| EGL volatility | |
|---|---|
| EGL Beta | 0.10 |
| Industry Beta | 0.81 |
| Market Beta | 1 |
Stable Share Price: Insufficient data to determine EGL's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine EGL's volatility change over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1924 | 424 | Keli Gadzekpo | https://www.enterprisegroup.net.gh |
Enterprise Group Limited provides various financial services in Ghana. The company operates through six segments: Non-Life Insurance Business, Life Assurance Business, Pension Administration, Real Estate, Funeral Services, and Investments. It offers funeral finance, lifetime needs, education, family income protection, ladycare, micro insurance, corporate risk, credit life, and group funeral plans.
Enterprise Group Fundamentals Summary
| EGL fundamental statistics | |
|---|---|
| Market Cap | GH₵427.23m |
| Earnings (TTM) | GH₵81.67m |
| Revenue (TTM) | GH₵983.25m |
5.2x
P/E Ratio0.4x
P/S RatioIs EGL overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| EGL income statement (TTM) | |
|---|---|
| Revenue | GH₵983.25m |
| Cost of Revenue | GH₵619.76m |
| Gross Profit | GH₵363.49m |
| Expenses | GH₵281.82m |
| Earnings | GH₵81.67m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.48 |
| Gross Margin | 36.97% |
| Net Profit Margin | 8.31% |
| Debt/Equity Ratio | 3.3% |
How did EGL perform over the long term?
See historical performance and comparisonDividends
2.5%
Current Dividend Yield13%
Payout RatioValuation
Is Enterprise Group undervalued compared to its fair value and its price relative to the market?
17.5%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: EGL (GHS2.5) is trading below our estimate of fair value (GHS3.03)
Significantly Below Fair Value: EGL is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: EGL is good value based on its PE Ratio (5.2x) compared to the African Insurance industry average (7.5x).
PE vs Market: EGL's PE Ratio (5.2x) is in line with the GH market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate EGL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: EGL is good value based on its PB Ratio (0.7x) compared to the XF Insurance industry average (0.9x).
Future Growth
How is Enterprise Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
13.0%
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if EGL's forecast earnings growth is above the savings rate (9.1%).
Earnings vs Market: Insufficient data to determine if EGL'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: EGL's revenue (13% per year) is forecast to grow slower than the GH market (15.8% per year).
High Growth Revenue: EGL's revenue (13% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if EGL's Return on Equity is forecast to be high in 3 years time
Past Performance
How has Enterprise Group performed over the past 5 years?
23.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EGL has high quality earnings.
Growing Profit Margin: EGL's current net profit margins (8.3%) are lower than last year (13.1%).
Past Earnings Growth Analysis
Earnings Trend: EGL's earnings have grown significantly by 23.9% per year over the past 5 years.
Accelerating Growth: EGL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: EGL had negative earnings growth (-17.3%) over the past year, making it difficult to compare to the Insurance industry average (18.2%).
Return on Equity
High ROE: EGL's Return on Equity (18.5%) is considered low.
Financial Health
How is Enterprise Group's financial position?
Financial Position Analysis
Short Term Liabilities: EGL's short term assets (GHS285.5M) do not cover its short term liabilities (GHS289.4M).
Long Term Liabilities: EGL's short term assets (GHS285.5M) do not cover its long term liabilities (GHS827.6M).
Debt to Equity History and Analysis
Debt Level: EGL's debt to equity ratio (3.3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if EGL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: EGL's debt is well covered by operating cash flow (1237.4%).
Interest Coverage: EGL's interest payments on its debt are well covered by EBIT (1453.5x coverage).
Balance Sheet
Dividend
What is Enterprise Group current dividend yield, its reliability and sustainability?
2.48%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: EGL's dividend (2.48%) isn’t notable compared to the bottom 25% of dividend payers in the GH market (4.7%).
High Dividend: EGL's dividend (2.48%) is low compared to the top 25% of dividend payers in the GH market (8.17%).
Stability and Growth of Payments
Stable Dividend: EGL is not paying a notable dividend for the GH market, therefore no need to check if payments are stable.
Growing Dividend: EGL is not paying a notable dividend for the GH market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: EGL is not paying a notable dividend for the GH market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of EGL'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?
2.3yrs
Average management tenure
CEO
Keli Gadzekpo
7.42yrs
Tenure
Mr. Keli Gadzekpo has been Group Chief Executive Officer of Enterprise Group Limited since May 31, 2014. Mr. Gadzekpo has extensive experience in investment banking. Since co-founding Databank, he has cont...
Leadership Team
Experienced Management: EGL's management team is considered experienced (2.3 years average tenure).
Board Members
Experienced Board: EGL's board of directors are considered experienced (5.5 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
Enterprise Group Limited's employee growth, exchange listings and data sources
Key Information
- Name: Enterprise Group Limited
- Ticker: EGL
- Exchange: GHSE
- Founded: 1924
- Industry: Life and Health Insurance
- Sector: Insurance
- Market Cap: GH₵427.232m
- Shares outstanding: 170.89m
- Website: https://www.enterprisegroup.net.gh
Number of Employees
Location
- Enterprise Group Limited
- Advantage Place
- Mayor Road
- Accra
- Ghana
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/25 21:38 |
| End of Day Share Price | 2021/10/25 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.