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FTGH

FTG HoldingsNASE:FTGH Stock Report

Market Cap

KSh240.4m

7D

1.5%

1Y

-9.4%

Updated

24 Oct, 2021

Data

Company Financials
FTGH fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance1/6
Financial Health3/6
Dividends0/6

FTGH Overview

FTG Holdings Ltd, an investment holding company, engages in the manufacture and sale of plastic and allied products, paints, fibre glasses, iron, cosmetic, and synthetic hair products.

Price History & Performance

Summary of all time highs, changes and price drops for FTG Holdings
Historical stock prices
Current Share PriceKSh1.35
52 Week HighKSh1.10
52 Week LowKSh1.50
Beta0.69
1 Month Change1.50%
3 Month Change0.75%
1 Year Change-9.40%
3 Year Change-58.46%
5 Year Change-71.44%
Change since IPO-87.52%

Recent News & Updates

Shareholder Returns

FTGHKE IndustrialsKE Market
7D1.5%0.7%-0.2%
1Y-9.4%35.8%28.5%

Return vs Industry: FTGH underperformed the KE Industrials industry which returned 35.8% over the past year.

Return vs Market: FTGH underperformed the KE Market which returned 28.5% over the past year.

Price Volatility

Is FTGH's price volatile compared to industry and market?
FTGH volatility
FTGH Beta0.69
Industry Beta0.82
Market Beta1

Stable Share Price: FTGH is not significantly more volatile than the rest of KE stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: FTGH's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20121,000Heril Bangerahttps://www.flametreegroup.com

FTG Holdings Ltd, an investment holding company, engages in the manufacture and sale of plastic and allied products, paints, fibre glasses, iron, cosmetic, and synthetic hair products. The company manufactures plastic water tanks, septic tanks, PVC pipes, and spice products under the ROTO, JOJO, RINO, and Poly play brand names. It also manufactures various skin care, hair care, nail care, and color cosmetic products under the Zoe, Alana, Cerro, Suzie Beauty, Blackangel, Siora, Miss Africa, and Sylva brands; and produces spices, snacks, and savories under the Chigs, Nature’s Own, Honey Comb, gonuts, and Happy’s golden brands.

FTG Holdings Fundamentals Summary

How do FTG Holdings's earnings and revenue compare to its market cap?
FTGH fundamental statistics
Market CapKSh240.37m
Earnings (TTM)KSh86.78m
Revenue (TTM)KSh3.37b

2.8x

P/E Ratio

0.07x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
FTGH income statement (TTM)
RevenueKSh3.37b
Cost of RevenueKSh2.18b
Gross ProfitKSh1.19b
ExpensesKSh1.10b
EarningsKSh86.78m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.49
Gross Margin35.35%
Net Profit Margin2.58%
Debt/Equity Ratio64.9%

How did FTGH perform over the long term?

See historical performance and comparison

Valuation

Is FTG Holdings undervalued compared to its fair value and its price relative to the market?

2.77x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: FTGH (KES1.35) is trading above our estimate of fair value (KES1.24)

Significantly Below Fair Value: FTGH is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: FTGH is good value based on its PE Ratio (2.8x) compared to the African Industrials industry average (13.9x).

PE vs Market: FTGH is good value based on its PE Ratio (2.8x) compared to the KE market (6.8x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate FTGH's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: FTGH is good value based on its PB Ratio (0.2x) compared to the XF Industrials industry average (0.9x).


Future Growth

How is FTG Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

21.7%

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 FTG Holdings 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.


Past Performance

How has FTG Holdings performed over the past 5 years?

-20.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FTGH has high quality earnings.

Growing Profit Margin: FTGH's current net profit margins (2.6%) are lower than last year (3.9%).


Past Earnings Growth Analysis

Earnings Trend: FTGH's earnings have declined by 20.5% per year over the past 5 years.

Accelerating Growth: FTGH's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: FTGH had negative earnings growth (-4.3%) over the past year, making it difficult to compare to the Industrials industry average (35.6%).


Return on Equity

High ROE: FTGH's Return on Equity (7.3%) is considered low.


Financial Health

How is FTG Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: FTGH's short term assets (KES1.2B) exceed its short term liabilities (KES1.1B).

Long Term Liabilities: FTGH's short term assets (KES1.2B) exceed its long term liabilities (KES404.7M).


Debt to Equity History and Analysis

Debt Level: FTGH's debt to equity ratio (64.9%) is considered high.

Reducing Debt: FTGH's debt to equity ratio has increased from 45.6% to 64.9% over the past 5 years.

Debt Coverage: FTGH's debt is well covered by operating cash flow (33.2%).

Interest Coverage: FTGH's interest payments on its debt are not well covered by EBIT (2.5x coverage).


Balance Sheet


Dividend

What is FTG Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate FTGH's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate FTGH'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 FTGH's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if FTGH's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of FTGH's dividend in 3 years as they are not forecast to pay a notable one for the KE market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

7.8yrs

Average board tenure


CEO

Heril Bangera (50 yo)

no data

Tenure

KSh20,105,000

Compensation

Mr. Heril Colbert Bangera is Founder of FTG Holdings Limited and serves as its Chief Executive Officer and Managing Director. Mr. Bangera began the first subsidiary of the Flame Tree Group, Roto Moulders L...


CEO Compensation Analysis

Compensation vs Market: Heril's total compensation ($USD180.88K) is about average for companies of similar size in the KE market ($USD235.11K).

Compensation vs Earnings: Heril's compensation has been consistent with company performance over the past year.


Board Members

Experienced Board: FTGH's board of directors are considered experienced (7.8 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

FTG Holdings Ltd's employee growth, exchange listings and data sources


Key Information

  • Name: FTG Holdings Ltd
  • Ticker: FTGH
  • Exchange: NASE
  • Founded: 2012
  • Industry: Industrial Conglomerates
  • Sector: Capital Goods
  • Market Cap: KSh240.372m
  • Shares outstanding: 178.05m
  • Website: https://www.flametreegroup.com

Number of Employees


Location

  • FTG Holdings Ltd
  • Level 3, Ebene House
  • Hotel Avenue
  • Ebene
  • 72201
  • Mauritius

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/24 14:01
End of Day Share Price2021/10/22 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.