Sameer Africa PLC, together with its subsidiaries, sources, imports, retails, sells, and distributes tyres, tubes, and flaps Kenya, Uganda, Tanzania, and Burundi.
Price History & Performance
|Historical stock prices|
|Current Share Price||KSh3.15|
|52 Week High||KSh2.46|
|52 Week Low||KSh4.00|
|1 Month Change||-8.43%|
|3 Month Change||2.61%|
|1 Year Change||-10.00%|
|3 Year Change||31.25%|
|5 Year Change||21.15%|
|Change since IPO||-81.14%|
Recent News & Updates
|SMER||KE Auto Components||KE Market|
Return vs Industry: SMER underperformed the KE Auto Components industry which returned 30.9% over the past year.
Return vs Market: SMER underperformed the KE Market which returned 30% over the past year.
Stable Share Price: SMER is more volatile than 90% of KE stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: SMER's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of KE stocks.
About the Company
Sameer Africa PLC, together with its subsidiaries, sources, imports, retails, sells, and distributes tyres, tubes, and flaps Kenya, Uganda, Tanzania, and Burundi. It operates through four segments: Sourcing and Distribution, Regional Operations, Yana Tyre Centre, and Rental Business. The company offers tyres for passenger vehicles, 4×4/SUVs, light trucks and vans, medium trucks and minibuses, and trucks and buses, as well as agriculture, and off the road and industrial tyres under the Yana and Summit brand names.
Sameer Africa Fundamentals Summary
|SMER fundamental statistics|
Is SMER overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|SMER income statement (TTM)|
|Cost of Revenue||KSh1.08b|
Last Reported Earnings
Jun 30, 2020
Next Earnings Date
|Earnings per share (EPS)||-3.37|
|Net Profit Margin||-73.95%|
How did SMER perform over the long term?See historical performance and comparison
Is Sameer Africa undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SMER (KES3.15) is trading below our estimate of fair value (KES12.41)
Significantly Below Fair Value: SMER is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SMER is unprofitable, so we can't compare its PE Ratio to the Global Auto Components industry average.
PE vs Market: SMER is unprofitable, so we can't compare its PE Ratio to the KE market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SMER's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SMER is overvalued based on its PB Ratio (154.7x) compared to the XX Auto Components industry average (1.5x).
How is Sameer Africa forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Automobiles industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Sameer Africa has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Sameer Africa performed over the past 5 years?
Last years earnings growth
Earnings and Revenue History
Quality Earnings: SMER is currently unprofitable.
Growing Profit Margin: SMER is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if SMER's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare SMER's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SMER is unprofitable, making it difficult to compare its past year earnings growth to the Auto Components industry (60.9%).
Return on Equity
High ROE: SMER has a negative Return on Equity (-16543.9%), as it is currently unprofitable.
How is Sameer Africa's financial position?
Financial Position Analysis
Short Term Liabilities: SMER's short term assets (KES350.9M) do not cover its short term liabilities (KES453.0M).
Long Term Liabilities: SMER's short term assets (KES350.9M) do not cover its long term liabilities (KES590.5M).
Debt to Equity History and Analysis
Debt Level: SMER's debt to equity ratio (10417.8%) is considered high.
Reducing Debt: SMER's debt to equity ratio has increased from 0.4% to 10417.8% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if SMER has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if SMER has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Sameer Africa current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SMER's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SMER'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 SMER's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SMER's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: SMER is not paying a notable dividend for the KE market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SMER's dividend in 3 years as they are not forecast to pay a notable one for the KE market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Peter Mugambi Gitonga is MD & Executive Director of Sameer Africa PLC from January 01, 2021. He was Acting MD & Executive Director of Sameer Africa PLC from August 29, 2019 to January 01, 2021. Mr. Git...
CEO Compensation Analysis
Compensation vs Market: Peter's total compensation ($USD73.91K) is below average for companies of similar size in the KE market ($USD263.40K).
Compensation vs Earnings: Peter's compensation has increased whilst the company is unprofitable.
Experienced Management: SMER's management team is considered experienced (2.2 years average tenure).
Experienced Board: SMER's board of directors are considered experienced (8.9 years average tenure).
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.
Sameer Africa PLC's employee growth, exchange listings and data sources
- Name: Sameer Africa PLC
- Ticker: SMER
- Exchange: NASE
- Founded: 1969
- Industry: Tires and Rubber
- Sector: Automobiles
- Market Cap: KSh876.779m
- Shares outstanding: 278.34m
- Website: https://www.sameerafrica.com
Number of Employees
- Sameer Africa PLC
- Mombasa/Enterprise Road Junction
- PO Box 30429
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/17 14:03|
|End of Day Share Price||2021/10/15 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.