East African Cables Limited manufactures and sells electrical cables and conductors in East and Central Africa.
Price History & Performance
|Historical stock prices|
|Current Share Price||KSh1.48|
|52 Week High||KSh1.18|
|52 Week Low||KSh1.62|
|1 Month Change||-6.92%|
|3 Month Change||11.28%|
|1 Year Change||0.68%|
|3 Year Change||-41.96%|
|5 Year Change||-77.23%|
|Change since IPO||-98.71%|
Recent News & Updates
|CABL||KE Electrical||KE Market|
Return vs Industry: CABL underperformed the KE Electrical industry which returned 6.2% over the past year.
Return vs Market: CABL underperformed the KE Market which returned 30% over the past year.
Stable Share Price: CABL is not significantly more volatile than the rest of KE stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: CABL's weekly volatility (5%) has been stable over the past year.
About the Company
East African Cables Limited manufactures and sells electrical cables and conductors in East and Central Africa. The company offers utility cables for aerial transmission lines and service drops; house wiring cables for applications in power and lighting circuits; armored and non-armored cables used to distribute electricity through national gridlines from the generation points to the industrial complexes and towns; and automotive cables for manufacturing electrical harnesses, battery cables, and ignition cables. It also provides telecommunication cables used for data, telecommunication, and structured cabling systems; aerial bundled cables and conductors; XLPE insulation cables; and halogen free fire retardant cables.
East African Cables Fundamentals Summary
|CABL fundamental statistics|
Is CABL overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CABL income statement (TTM)|
|Cost of Revenue||KSh1.37b|
Last Reported Earnings
Dec 31, 2020
Next Earnings Date
|Earnings per share (EPS)||-2.15|
|Net Profit Margin||-30.23%|
How did CABL perform over the long term?See historical performance and comparison
Is East African Cables 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: CABL (KES1.48) is trading below our estimate of fair value (KES4.1)
Significantly Below Fair Value: CABL is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CABL is unprofitable, so we can't compare its PE Ratio to the African Electrical industry average.
PE vs Market: CABL 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 CABL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CABL is good value based on its PB Ratio (0.3x) compared to the XF Electrical industry average (1.1x).
How is East African Cables forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Capital Goods 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 East African Cables 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.
How has East African Cables performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CABL is currently unprofitable.
Growing Profit Margin: CABL is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CABL is unprofitable, but has reduced losses over the past 5 years at a rate of 22.1% per year.
Accelerating Growth: Unable to compare CABL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CABL is unprofitable, making it difficult to compare its past year earnings growth to the Electrical industry (40%).
Return on Equity
High ROE: CABL has a negative Return on Equity (-54.09%), as it is currently unprofitable.
How is East African Cables's financial position?
Financial Position Analysis
Short Term Liabilities: CABL's short term assets (KES1.1B) do not cover its short term liabilities (KES1.5B).
Long Term Liabilities: CABL's short term assets (KES1.1B) do not cover its long term liabilities (KES3.0B).
Debt to Equity History and Analysis
Debt Level: CABL's debt to equity ratio (204.9%) is considered high.
Reducing Debt: CABL's debt to equity ratio has increased from 97.1% to 204.9% over the past 5 years.
Cash Runway Analysis
Stable Cash Runway: Insufficient data to determine if CABL has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if CABL has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is East African Cables's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CABL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CABL'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 CABL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CABL's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: CABL is not paying a notable dividend for the KE market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CABL'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 board tenure
Paul Muigai (54 yo)
Mr. Paul Muigai serves as Chief Executive Officer at East African Cables PLC. He had been Acting Chief Executive Officer of East African Cables Limited since September 01, 2017 and served as its Chief Oper...
Experienced Board: CABL's board of directors are considered experienced (4.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
East African Cables PLC's employee growth, exchange listings and data sources
- Name: East African Cables PLC
- Ticker: CABL
- Exchange: NASE
- Founded: NaN
- Industry: Electrical Components and Equipment
- Sector: Capital Goods
- Market Cap: KSh374.625m
- Shares outstanding: 253.13m
- Website: https://www.eacables.com
Number of Employees
- East African Cables PLC
- Industrial Area
- Addis Ababa Road
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|