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
|Historical stock prices|
|Current Share Price||KSh1.35|
|52 Week High||KSh1.10|
|52 Week Low||KSh1.50|
|1 Month Change||1.50%|
|3 Month Change||0.75%|
|1 Year Change||-9.40%|
|3 Year Change||-58.46%|
|5 Year Change||-71.44%|
|Change since IPO||-87.52%|
Recent News & Updates
|FTGH||KE Industrials||KE Market|
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.
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
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
|FTGH fundamental statistics|
Is FTGH overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|FTGH income statement (TTM)|
|Cost of Revenue||KSh2.18b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.49|
|Net Profit Margin||2.58%|
How did FTGH perform over the long term?See historical performance and comparison
Is FTG Holdings undervalued compared to its fair value and its price relative to the market?
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).
How is FTG Holdings 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 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.
How has FTG Holdings performed over the past 5 years?
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.
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).
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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Heril Bangera (50 yo)
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.
Experienced Board: FTGH's board of directors are considered experienced (7.8 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.
FTG Holdings Ltd's employee growth, exchange listings and data sources
- 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
- FTG Holdings Ltd
- Level 3, Ebene House
- Hotel Avenue
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/24 14:01|
|End of Day Share Price||2021/10/22 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.