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WTK

Williamson Tea KenyaNASE:WTK Stock Report

Market Cap

KSh2.3b

7D

-3.1%

1Y

-5.9%

Updated

19 Oct, 2021

Data

Company Financials
WTK fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends2/6

WTK Overview

Williamson Tea Kenya Plc, together with its subsidiaries, engages in the cultivation, manufacture, and sale of tea in Kenya.

Price History & Performance

Summary of all time highs, changes and price drops for Williamson Tea Kenya
Historical stock prices
Current Share PriceKSh130.75
52 Week HighKSh125.00
52 Week LowKSh154.75
Beta0.27
1 Month Change-6.61%
3 Month Change-8.89%
1 Year Change-5.94%
3 Year Change-7.92%
5 Year Change-28.16%
Change since IPO311.81%

Recent News & Updates

Shareholder Returns

WTKKE FoodKE Market
7D-3.1%2.0%0.1%
1Y-5.9%1.9%28.3%

Return vs Industry: WTK underperformed the KE Food industry which returned 0.2% over the past year.

Return vs Market: WTK underperformed the KE Market which returned 29.7% over the past year.

Price Volatility

Is WTK's price volatile compared to industry and market?
WTK volatility
WTK Beta0.27
Industry Beta0.52
Market Beta1

Stable Share Price: WTK is not significantly more volatile than the rest of KE stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: WTK's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/an/aAlan. Carmichaelhttps://www.williamsontea.com

Williamson Tea Kenya Plc, together with its subsidiaries, engages in the cultivation, manufacture, and sale of tea in Kenya. The company operates tea farms in the areas of Changoi, Kaimosi, Kapchorua, and Tinderet, Kenya. It is also involved in the investment in properties; and sale and servicing of generators.

Williamson Tea Kenya Fundamentals Summary

How do Williamson Tea Kenya's earnings and revenue compare to its market cap?
WTK fundamental statistics
Market CapKSh2.29b
Earnings (TTM)-KSh131.81m
Revenue (TTM)KSh3.73b

0.6x

P/S Ratio

-17.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
WTK income statement (TTM)
RevenueKSh3.73b
Cost of RevenueKSh0
Gross ProfitKSh3.73b
ExpensesKSh3.87b
Earnings-KSh131.81m

Last Reported Earnings

Mar 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-7.53
Gross Margin100.00%
Net Profit Margin-3.53%
Debt/Equity Ratio3.5%

How did WTK perform over the long term?

See historical performance and comparison

Dividends

7.6%

Current Dividend Yield

-133%

Payout Ratio

Valuation

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

0.4x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: WTK (KES130.75) is trading above our estimate of fair value (KES50.46)

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


Price To Earnings Ratio

PE vs Industry: WTK is unprofitable, so we can't compare its PE Ratio to the KE Food industry average.

PE vs Market: WTK 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 WTK's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: WTK's PB Ratio (0.4x) is in line with the KE Food industry average.


Future Growth

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

13.5%

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 Williamson Tea Kenya 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 Williamson Tea Kenya performed over the past 5 years?

-26.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: WTK is currently unprofitable.

Growing Profit Margin: WTK is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: WTK is unprofitable, and losses have increased over the past 5 years at a rate of 26.5% per year.

Accelerating Growth: Unable to compare WTK's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: WTK is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (8%).


Return on Equity

High ROE: WTK has a negative Return on Equity (-2.22%), as it is currently unprofitable.


Financial Health

How is Williamson Tea Kenya's financial position?


Financial Position Analysis

Short Term Liabilities: WTK's short term assets (KES2.1B) exceed its short term liabilities (KES517.4M).

Long Term Liabilities: WTK's short term assets (KES2.1B) exceed its long term liabilities (KES1.6B).


Debt to Equity History and Analysis

Debt Level: WTK's debt to equity ratio (3.5%) is considered satisfactory.

Reducing Debt: WTK's debt to equity ratio has increased from 3.1% to 3.5% over the past 5 years.

Debt Coverage: WTK's debt is well covered by operating cash flow (294.7%).

Interest Coverage: Insufficient data to determine if WTK's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

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

7.65%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: WTK's dividend (7.65%) is higher than the bottom 25% of dividend payers in the KE market (4.2%).

High Dividend: WTK's dividend (7.65%) is low compared to the top 25% of dividend payers in the KE market (7.83%).


Stability and Growth of Payments

Stable Dividend: WTK's dividend payments have been volatile in the past 10 years.

Growing Dividend: WTK's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: WTK is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

8.9yrs

Average board tenure


CEO

Alan. Carmichael

no data

Tenure

KSh30,637,000

Compensation

Mr. Alan. L. Carmichael serves as the Managing Director and Director at Kapchorua Tea Kenya Plc. Mr. Carmichael serves as the Managing Director and Director of Williamson Tea Kenya Plc. Mr. Carmichael serv...


CEO Compensation Analysis

Compensation vs Market: Insufficient data to establish whether Alan.'s total compensation is reasonable compared to companies of similar size in the KE market.

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


Board Members

Experienced Board: WTK's board of directors are considered experienced (8.9 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

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


Key Information

  • Name: Williamson Tea Kenya Plc
  • Ticker: WTK
  • Exchange: NASE
  • Founded: NaN
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: KSh2.290b
  • Shares outstanding: 17.51m
  • Website: https://www.williamsontea.com

Number of Employees


Location

  • Williamson Tea Kenya Plc
  • The Acacia Block
  • 2nd Floor
  • Nairobi
  • 100
  • Kenya

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/19 14:02
End of Day Share Price2021/10/15 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.