Britam Holdings Plc, an investment holding company, engages in the insurance, investment management, private equity, and property businesses in Kenya, Uganda, Tanzania, Rwanda, South Sudan, Malawi, and Mozambique.
Price History & Performance
|Historical stock prices|
|Current Share Price||KSh7.54|
|52 Week High||KSh6.00|
|52 Week Low||KSh8.78|
|1 Month Change||-6.68%|
|3 Month Change||-5.51%|
|1 Year Change||-0.27%|
|3 Year Change||-27.15%|
|5 Year Change||-26.44%|
|Change since IPO||27.80%|
Recent News & Updates
|BRIT||KE Insurance||KE Market|
Return vs Industry: BRIT underperformed the KE Insurance industry which returned 12.3% over the past year.
Return vs Market: BRIT underperformed the KE Market which returned 28.5% over the past year.
Stable Share Price: BRIT is not significantly more volatile than the rest of KE stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: BRIT's weekly volatility (3%) has been stable over the past year.
About the Company
Britam Holdings Plc, an investment holding company, engages in the insurance, investment management, private equity, and property businesses in Kenya, Uganda, Tanzania, Rwanda, South Sudan, Malawi, and Mozambique. It operates through five segments: Long Term Insurance Business, Short Term Insurance Business, Asset Management, Property, and Corporate and Other. The company offers unit linked products, education plans, whole life plans, and other conventional products; and group life and critical illness products, disability products, individual pension plans, umbrella pension plans, and corporate pension plans.
Britam Holdings Fundamentals Summary
|BRIT fundamental statistics|
Is BRIT overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|BRIT income statement (TTM)|
|Cost of Revenue||KSh25.24b|
Last Reported Earnings
Dec 31, 2020
Next Earnings Date
|Earnings per share (EPS)||-3.62|
|Net Profit Margin||-28.54%|
How did BRIT perform over the long term?See historical performance and comparison
Is Britam Holdings undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate BRIT's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate BRIT's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: BRIT is unprofitable, so we can't compare its PE Ratio to the African Insurance industry average.
PE vs Market: BRIT 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 BRIT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BRIT is overvalued based on its PB Ratio (1.1x) compared to the KE Insurance industry average (0.8x).
How is Britam Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Insurance 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 Britam 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 Britam Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BRIT is currently unprofitable.
Growing Profit Margin: BRIT is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: BRIT is unprofitable, and losses have increased over the past 5 years at a rate of 40% per year.
Accelerating Growth: Unable to compare BRIT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: BRIT is unprofitable, making it difficult to compare its past year earnings growth to the Insurance industry (18.2%).
Return on Equity
High ROE: BRIT has a negative Return on Equity (-53.39%), as it is currently unprofitable.
How is Britam Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: BRIT's short term assets (KES94.4B) exceed its short term liabilities (KES23.6B).
Long Term Liabilities: BRIT's short term assets (KES94.4B) do not cover its long term liabilities (KES96.3B).
Debt to Equity History and Analysis
Debt Level: BRIT's debt to equity ratio (28.4%) is considered satisfactory.
Reducing Debt: BRIT's debt to equity ratio has reduced from 39.2% to 28.4% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if BRIT has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if BRIT has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Britam Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BRIT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate BRIT'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 BRIT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BRIT's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: BRIT is not paying a notable dividend for the KE market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of BRIT'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 management tenure
Mr. Tavaziva Chadamoyo Madzinga, also known as Tava, serves as Group Managing Director at Britam Holdings Plc since February 01, 2021 and also serves as its Director since February 16, 2021. Mr. Madzinga s...
Experienced Management: BRIT's management team is considered experienced (4.8 years average tenure).
Experienced Board: BRIT's board of directors are considered experienced (3 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.
Britam Holdings Plc's employee growth, exchange listings and data sources
- Name: Britam Holdings Plc
- Ticker: BRIT
- Exchange: NASE
- Founded: 1920
- Industry: Multi-line Insurance
- Sector: Insurance
- Market Cap: KSh19.027b
- Shares outstanding: 2.52b
- Website: https://www.britam.com
Number of Employees
- Britam Holdings Plc
- Britam Centre
- Junction of Mara and Ragati Roads
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/25 16:51|
|End of Day Share Price||2021/10/25 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.