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NBV

Nairobi Business VenturesNASE:NBV Stock Report

Last Price

KSh5.00

Market Cap

KSh6.8b

7D

-1.6%

1Y

6.6%

Updated

19 Jan, 2022

Data

Company Financials
NBV fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends0/6

NBV Stock Overview

Nairobi Business Ventures PLC trades in hardware materials in Kenya.

Price History & Performance

Summary of all time highs, changes and price drops for Nairobi Business Ventures
Historical stock prices
Current Share PriceKSh5.00
52 Week HighKSh13.80
52 Week LowKSh3.80
Beta2.99
1 Month Change-21.14%
3 Month Change-9.75%
1 Year Change6.61%
3 Year Change852.38%
5 Year Change33.33%
Change since IPO25.00%

Recent News & Updates

Shareholder Returns

NBVKE Trade DistributorsKE Market
7D-1.6%0.6%-2.0%
1Y6.6%43.6%6.0%

Return vs Industry: NBV underperformed the KE Trade Distributors industry which returned 43.6% over the past year.

Return vs Market: NBV matched the KE Market which returned 6% over the past year.

Price Volatility

Is NBV's price volatile compared to industry and market?
NBV volatility
NBV Average Weekly Movement12.1%
Trade Distributors Industry Average Movement6.3%
Market Average Movement4.9%
10% most volatile stocks in KE Market9.0%
10% least volatile stocks in KE Market2.2%

Stable Share Price: NBV is more volatile than 90% of KE stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: NBV's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of KE stocks.

About the Company

FoundedEmployeesCEOWebsite
2012n/aHaresh Vrajlal Sonihttps://www.nbvplc.com

Nairobi Business Ventures PLC trades in hardware materials in Kenya. It also engages in retailing of footwear and leather goods. In addition, the company repairs and maintains heavy commercial trucks and various aircraft; and provides other support services.

Nairobi Business Ventures Fundamentals Summary

How do Nairobi Business Ventures's earnings and revenue compare to its market cap?
NBV fundamental statistics
Market CapKSh6.77b
Earnings (TTM)KSh32.94m
Revenue (TTM)KSh45.38m

205.5x

P/E Ratio

149.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NBV income statement (TTM)
RevenueKSh45.38m
Cost of RevenueKSh41.81m
Gross ProfitKSh3.57m
Expenses-KSh29.37m
EarningsKSh32.94m

Last Reported Earnings

Mar 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.024
Gross Margin7.86%
Net Profit Margin72.59%
Debt/Equity Ratio0.0%

How did NBV perform over the long term?

See historical performance and comparison

Valuation

Is Nairobi Business Ventures undervalued compared to its fair value and its price relative to the market?

205.51x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate NBV's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate NBV's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: NBV is poor value based on its PE Ratio (205.5x) compared to the African Trade Distributors industry average (9.9x).

PE vs Market: NBV is poor value based on its PE Ratio (205.5x) compared to the KE market (6.6x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: NBV is overvalued based on its PB Ratio (45.5x) compared to the XF Trade Distributors industry average (0.9x).


Future Growth

How is Nairobi Business Ventures forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

8.9%

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 Nairobi Business Ventures 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 Nairobi Business Ventures performed over the past 5 years?

7.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: NBV has a large one-off gain of KES36.8M impacting its March 31 2021 financial results.

Growing Profit Margin: NBV became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: NBV has become profitable over the past 5 years, growing earnings by 7.2% per year.

Accelerating Growth: NBV has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: NBV has become profitable in the last year, making it difficult to compare its past year earnings growth to the Trade Distributors industry (124.5%).


Return on Equity

High ROE: NBV's Return on Equity (22.1%) is considered high.


Financial Health

How is Nairobi Business Ventures's financial position?


Financial Position Analysis

Short Term Liabilities: NBV's short term assets (KES53.3M) exceed its short term liabilities (KES28.9M).

Long Term Liabilities: NBV's short term assets (KES53.3M) exceed its long term liabilities (KES10.0).


Debt to Equity History and Analysis

Debt Level: NBV is debt free.

Reducing Debt: NBV has no debt compared to 5 years ago when its debt to equity ratio was 175.6%.

Debt Coverage: NBV has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: NBV has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Nairobi Business Ventures's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if NBV'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 NBV'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?

1.2yrs

Average board tenure


CEO

Haresh Vrajlal Soni

no data

Tenure

Mr. Haresh Vrajlal D. Soni has served as a Director at Nairobi Business Ventures Limited since November 20, 2020. He also serves as the Chief Executive Officer at Nairobi Business Ventures PLC.


Board Members

Experienced Board: NBV's board of directors are not considered experienced ( 1.2 years average tenure), which suggests a new board.


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 been substantially diluted in the past year, with total shares outstanding growing by 3407%.


Top Shareholders

Company Information

Nairobi Business Ventures PLC's employee growth, exchange listings and data sources


Key Information

  • Name: Nairobi Business Ventures PLC
  • Ticker: NBV
  • Exchange: NASE
  • Founded: 2012
  • Industry: Trading Companies and Distributors
  • Sector: Capital Goods
  • Implied Market Cap: KSh6.769b
  • Shares outstanding: 1.35b
  • Website: https://www.nbvplc.com

Location

  • Nairobi Business Ventures PLC
  • Shreeji House
  • Shreeji Road
  • Nairobi
  • 500
  • Kenya

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/19 16:00
End of Day Share Price2022/01/19 00:00
Earnings2021/03/31
Annual Earnings2021/03/31


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.