company background image
LIMT

Limuru TeaNASE:LIMT Stock Report

Market Cap

KSh792.0m

7D

10.0%

1Y

-17.5%

Updated

17 Oct, 2021

Data

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

LIMT Overview

Limuru Tea PLC engages in growing, producing, and selling green leaf tea to Unilever Tea Kenya Limited.

Price History & Performance

Summary of all time highs, changes and price drops for Limuru Tea
Historical stock prices
Current Share PriceKSh330.00
52 Week HighKSh260.00
52 Week LowKSh400.00
Beta-0.11
1 Month Change3.13%
3 Month Change13.79%
1 Year Change-17.50%
3 Year Change-38.89%
5 Year Change-32.65%
Change since IPO509.23%

Recent News & Updates

Shareholder Returns

LIMTKE FoodKE Market
7D10.0%0.1%1.7%
1Y-17.5%-1.0%30.0%

Return vs Industry: LIMT underperformed the KE Food industry which returned -1% over the past year.

Return vs Market: LIMT underperformed the KE Market which returned 30% over the past year.

Price Volatility

Is LIMT's price volatile compared to industry and market?
LIMT volatility
LIMT Beta-0.11
Industry Beta0.52
Market Beta1

Stable Share Price: Insufficient data to determine LIMT's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine LIMT's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a433Gerridina Johanna Ten Denhttps://www.unilever-ewa.com/investor-relations/limuru-tea-financial-reports-and-accounts/

Limuru Tea PLC engages in growing, producing, and selling green leaf tea to Unilever Tea Kenya Limited. As of December 31, 2019, it owned 282 hectares of tea plantations situated four kilometers to the east of Limuru town. The company is based in Limuru, Kenya.

Limuru Tea Fundamentals Summary

How do Limuru Tea's earnings and revenue compare to its market cap?
LIMT fundamental statistics
Market CapKSh792.00m
Earnings (TTM)KSh8.99m
Revenue (TTM)KSh112.34m

88.1x

P/E Ratio

7.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
LIMT income statement (TTM)
RevenueKSh112.34m
Cost of RevenueKSh93.75m
Gross ProfitKSh18.59m
ExpensesKSh9.60m
EarningsKSh8.99m

Last Reported Earnings

Jun 30, 2020

Next Earnings Date

n/a

Earnings per share (EPS)3.75
Gross Margin16.55%
Net Profit Margin8.00%
Debt/Equity Ratio0.0%

How did LIMT perform over the long term?

See historical performance and comparison

Dividends

0.2%

Current Dividend Yield

n/a

Payout Ratio

Valuation

Is Limuru Tea undervalued compared to its fair value and its price relative to the market?

88.12x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: LIMT (KES330) is trading above our estimate of fair value (KES3.77)

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


Price To Earnings Ratio

PE vs Industry: LIMT is poor value based on its PE Ratio (88.1x) compared to the KE Food industry average (66.5x).

PE vs Market: LIMT is poor value based on its PE Ratio (88.1x) compared to the KE market (6.5x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: LIMT is overvalued based on its PB Ratio (4.3x) compared to the KE Food industry average (0.5x).


Future Growth

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

13.3%

Forecasted Food, Beverage & Tobacco 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 Limuru Tea 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 Limuru Tea performed over the past 5 years?

17.8%

Last years revenue growth


Earnings and Revenue History

Quality Earnings: LIMT has high quality earnings.

Growing Profit Margin: LIMT became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: LIMT has become profitable over the past 5 years.

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

Earnings vs Industry: LIMT has become profitable in the last year, making it difficult to compare its past year earnings growth to the Food industry (8%).


Return on Equity

High ROE: LIMT's Return on Equity (4.9%) is considered low.


Financial Health

How is Limuru Tea's financial position?


Financial Position Analysis

Short Term Liabilities: LIMT's short term assets (KES135.6M) exceed its short term liabilities (KES20.8M).

Long Term Liabilities: LIMT's short term assets (KES135.6M) exceed its long term liabilities (KES24.8M).


Debt to Equity History and Analysis

Debt Level: LIMT is debt free.

Reducing Debt: LIMT has not had any debt for past 5 years.

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

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


Balance Sheet


Dividend

What is Limuru Tea current dividend yield, its reliability and sustainability?

0.21%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: LIMT's dividend (0.21%) isn’t notable compared to the bottom 25% of dividend payers in the KE market (4.19%).

High Dividend: LIMT's dividend (0.21%) is low compared to the top 25% of dividend payers in the KE market (7.8%).


Stability and Growth of Payments

Stable Dividend: LIMT is not paying a notable dividend for the KE market, therefore no need to check if payments are stable.

Growing Dividend: LIMT is not paying a notable dividend for the KE market, therefore no need to check if payments are 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 LIMT'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?

3.3yrs

Average board tenure


CEO

Gerridina Johanna Ten Den

2.58yrs

Tenure

Ms. Gerridina Johanna Maria Ten Den serves as Managing Director and Executive Director at Limuru Tea PLC. Ms. Ten Den has worked for over 28 years in Unilever and was the Procurement Director Tea Africa. S...


Board Members

Experienced Board: LIMT's board of directors are considered experienced (3.3 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

Limuru Tea Plc's employee growth, exchange listings and data sources


Key Information


Number of Employees


Location

  • Limuru Tea Plc
  • PO Box 1
  • Limuru
  • 217
  • Kenya

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/17 14:03
End of Day Share Price2021/10/14 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.