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EGL

Enterprise GroupGHSE:EGL Stock Report

Market Cap

GH₵427.2m

7D

0%

1Y

78.6%

Updated

25 Oct, 2021

Data

Company Financials +
EGL fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance2/6
Financial Health3/6
Dividends0/6

EGL Overview

Enterprise Group Limited provides various financial services in Ghana.

Price History & Performance

Summary of all time highs, changes and price drops for Enterprise Group
Historical stock prices
Current Share PriceGH₵2.50
52 Week HighGH₵0
52 Week LowGH₵0
Beta0.10
1 Month Change19.05%
3 Month Change38.89%
1 Year Change78.57%
3 Year Change-16.11%
5 Year Change4.17%
Change since IPO443.48%

Recent News & Updates

Shareholder Returns

EGLGH InsuranceGH Market
7D0%0.4%0.06%
1Y78.6%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

Is EGL's price volatile compared to industry and market?
EGL volatility
EGL Beta0.10
Industry Beta0.81
Market Beta1

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

FoundedEmployeesCEOWebsite
1924424Keli Gadzekpohttps://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

How do Enterprise Group's earnings and revenue compare to its market cap?
EGL fundamental statistics
Market CapGH₵427.23m
Earnings (TTM)GH₵81.67m
Revenue (TTM)GH₵983.25m

5.2x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
EGL income statement (TTM)
RevenueGH₵983.25m
Cost of RevenueGH₵619.76m
Gross ProfitGH₵363.49m
ExpensesGH₵281.82m
EarningsGH₵81.67m

Dividends

2.5%

Current Dividend Yield

13%

Payout Ratio

Valuation

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/25 21:38
End of Day Share Price2021/10/25 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.