| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 2/6 |
| Dividends | 0/6 |
SLAM Overview
Sanlam Kenya Plc, through its subsidiaries, engages in underwriting long-term and short-term insurance business in Kenya.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | KSh11.50 |
| 52 Week High | KSh9.00 |
| 52 Week Low | KSh14.00 |
| Beta | 0.089 |
| 1 Month Change | 0% |
| 3 Month Change | 1.77% |
| 1 Year Change | -8.00% |
| 3 Year Change | -51.58% |
| 5 Year Change | -65.41% |
| Change since IPO | 32.69% |
Recent News & Updates
Shareholder Returns
| SLAM | KE Insurance | KE Market | |
|---|---|---|---|
| 7D | -3.4% | -2.2% | 1.4% |
| 1Y | -8.0% | 13.9% | 29.7% |
Return vs Industry: SLAM underperformed the KE Insurance industry which returned 12.7% over the past year.
Return vs Market: SLAM underperformed the KE Market which returned 30% over the past year.
Price Volatility
| SLAM volatility | |
|---|---|
| SLAM Beta | 0.089 |
| Industry Beta | 0.81 |
| Market Beta | 1 |
Stable Share Price: SLAM is more volatile than 90% of KE stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: SLAM's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of KE stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1946 | 178 | Patrick Tumbo | https://www.sanlam.com/kenya |
Sanlam Kenya Plc, through its subsidiaries, engages in underwriting long-term and short-term insurance business in Kenya. It operates through four segments: Ordinary Life Insurance, Superannuation, General Insurance, and Investments. The company underwrites life and non-life insurance risks, such as death, disability, credit protection, mortgage protection, property protection, general, home, motor comprehensive private, personal accident, all risk, and public liability insurance, as well as offers marine insurance and education saving products.
Sanlam Kenya Fundamentals Summary
| SLAM fundamental statistics | |
|---|---|
| Market Cap | KSh1.66b |
| Earnings (TTM) | -KSh117.01m |
| Revenue (TTM) | KSh9.56b |
0.2x
P/S Ratio-14.2x
P/E RatioIs SLAM overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SLAM income statement (TTM) | |
|---|---|
| Revenue | KSh9.56b |
| Cost of Revenue | KSh6.88b |
| Gross Profit | KSh2.68b |
| Expenses | KSh2.79b |
| Earnings | -KSh117.01m |
Last Reported Earnings
Dec 31, 2020
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.81 |
| Gross Margin | 27.99% |
| Net Profit Margin | -1.22% |
| Debt/Equity Ratio | 179.6% |
How did SLAM perform over the long term?
See historical performance and comparisonValuation
Is Sanlam Kenya undervalued compared to its fair value and its price relative to the market?
1.25x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate SLAM's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate SLAM's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: SLAM is unprofitable, so we can't compare its PE Ratio to the African Insurance industry average.
PE vs Market: SLAM 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 SLAM's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SLAM is overvalued based on its PB Ratio (1.3x) compared to the KE Insurance industry average (0.8x).
Future Growth
How is Sanlam Kenya forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
27.0%
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 Sanlam 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 Sanlam Kenya performed over the past 5 years?
-13.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SLAM is currently unprofitable.
Growing Profit Margin: SLAM is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: SLAM is unprofitable, and losses have increased over the past 5 years at a rate of 13.2% per year.
Accelerating Growth: Unable to compare SLAM's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SLAM is unprofitable, making it difficult to compare its past year earnings growth to the Insurance industry (18.2%).
Return on Equity
High ROE: SLAM has a negative Return on Equity (-4.72%), as it is currently unprofitable.
Financial Health
How is Sanlam Kenya's financial position?
Financial Position Analysis
Short Term Liabilities: SLAM's short term assets (KES27.5B) exceed its short term liabilities (KES11.1B).
Long Term Liabilities: SLAM's short term assets (KES27.5B) exceed its long term liabilities (KES18.8B).
Debt to Equity History and Analysis
Debt Level: SLAM's debt to equity ratio (179.6%) is considered high.
Reducing Debt: Insufficient data to determine if SLAM's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
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 SLAM has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if SLAM has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
Dividend
What is Sanlam Kenya current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SLAM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SLAM'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 SLAM's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SLAM's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: SLAM is not paying a notable dividend for the KE market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SLAM'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?
3.0yrs
Average board tenure
CEO
Patrick Tumbo (57 yo)
3.17yrs
Tenure
KSh68,940,000
Compensation
Dr. Patrick Tumbo serves as Group Chief Executive Officer and Executive Director of Sanlam Kenya Plc since August 2, 2018. Dr. Tumbo is a Chartered Insurer joined the Sanlam Kenya Group from Jubilee Insura...
CEO Compensation Analysis
Compensation vs Market: Patrick's total compensation ($USD621.36K) is above average for companies of similar size in the KE market ($USD263.40K).
Compensation vs Earnings: Patrick's compensation has increased whilst the company is unprofitable.
Board Members
Experienced Board: SLAM's board of directors are considered experienced (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
Sanlam Kenya Plc's employee growth, exchange listings and data sources
Key Information
- Name: Sanlam Kenya Plc
- Ticker: SLAM
- Exchange: NASE
- Founded: 1946
- Industry: Life and Health Insurance
- Sector: Insurance
- Market Cap: KSh1.656b
- Shares outstanding: 144.00m
- Website: https://www.sanlam.com/kenya
Number of Employees
Location
- Sanlam Kenya Plc
- Sanlam Tower
- 15th floor
- Nairobi
- 100
- Kenya
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/18 15:24 |
| End of Day Share Price | 2021/10/18 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.