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CARB

Carbacid InvestmentsNASE:CARB Stock Report

Market Cap

KSh2.9b

7D

1.8%

1Y

27.8%

Updated

25 Oct, 2021

Data

Company Financials
CARB fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends3/6

CARB Overview

Carbacid Investments plc, together with its subsidiaries, engages in mining, processing, and marketing natural carbon dioxide gas.

Price History & Performance

Summary of all time highs, changes and price drops for Carbacid Investments
Historical stock prices
Current Share PriceKSh11.40
52 Week HighKSh8.00
52 Week LowKSh13.00
Beta0.22
1 Month Change-5.00%
3 Month Change-5.39%
1 Year Change27.80%
3 Year Change4.11%
5 Year Change-23.49%
Change since IPO359.41%

Recent News & Updates

Shareholder Returns

CARBKE ChemicalsKE Market
7D1.8%-1.5%-0.2%
1Y27.8%95.4%28.5%

Return vs Industry: CARB underperformed the KE Chemicals industry which returned 95.4% over the past year.

Return vs Market: CARB matched the KE Market which returned 28.5% over the past year.

Price Volatility

Is CARB's price volatile compared to industry and market?
CARB volatility
CARB Beta0.22
Industry Beta1.89
Market Beta1

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

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

About the Company

FoundedEmployeesCEOWebsite
n/a60n/ahttps://www.carbacid.com

Carbacid Investments plc, together with its subsidiaries, engages in mining, processing, and marketing natural carbon dioxide gas. The company operates through Trading and Investments segments. It also invests in properties, shares and bonds, and financial assets.

Carbacid Investments Fundamentals Summary

How do Carbacid Investments's earnings and revenue compare to its market cap?
CARB fundamental statistics
Market CapKSh2.91b
Earnings (TTM)KSh324.65m
Revenue (TTM)KSh682.88m

8.9x

P/E Ratio

4.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CARB income statement (TTM)
RevenueKSh682.88m
Cost of RevenueKSh258.67m
Gross ProfitKSh424.21m
ExpensesKSh99.56m
EarningsKSh324.65m

Last Reported Earnings

Jul 31, 2020

Next Earnings Date

n/a

Earnings per share (EPS)1.27
Gross Margin62.12%
Net Profit Margin47.54%
Debt/Equity Ratio0.0%

How did CARB perform over the long term?

See historical performance and comparison

Dividends

6.1%

Current Dividend Yield

55%

Payout Ratio

Valuation

Is Carbacid Investments undervalued compared to its fair value and its price relative to the market?

8.4%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CARB (KES11.4) is trading below our estimate of fair value (KES12.44)

Significantly Below Fair Value: CARB is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: CARB is good value based on its PE Ratio (8.9x) compared to the African Chemicals industry average (13.4x).

PE vs Market: CARB is poor value based on its PE Ratio (8.9x) compared to the KE market (6.8x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: CARB is good value based on its PB Ratio (0.9x) compared to the XF Chemicals industry average (1.2x).


Future Growth

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

17.5%

Forecasted Materials 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 Carbacid Investments 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 Carbacid Investments performed over the past 5 years?

22.6%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: CARB has high quality earnings.

Growing Profit Margin: CARB's current net profit margins (47.5%) are higher than last year (42%).


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if CARB's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Insufficient data to compare CARB's past year earnings growth to its 5-year average.

Earnings vs Industry: CARB earnings growth over the past year (22.6%) underperformed the Chemicals industry 27%.


Return on Equity

High ROE: CARB's Return on Equity (10%) is considered low.


Financial Health

How is Carbacid Investments's financial position?


Financial Position Analysis

Short Term Liabilities: CARB's short term assets (KES1.1B) exceed its short term liabilities (KES183.3M).

Long Term Liabilities: CARB's short term assets (KES1.1B) exceed its long term liabilities (KES192.4M).


Debt to Equity History and Analysis

Debt Level: CARB is debt free.

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

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

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


Balance Sheet


Dividend

What is Carbacid Investments's current dividend yield, its reliability and sustainability?

6.14%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: CARB's dividend (6.14%) is higher than the bottom 25% of dividend payers in the KE market (4.16%).

High Dividend: CARB's dividend (6.14%) is low compared to the top 25% of dividend payers in the KE market (7.91%).


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (54.9%), CARB's dividend payments are covered by earnings.


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?

4.3yrs

Average board tenure


CEO

Carbacid Investments has no CEO, or we have no data on them.


Board Members

Experienced Board: CARB's board of directors are considered experienced (4.3 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

Carbacid Investments plc's employee growth, exchange listings and data sources


Key Information

  • Name: Carbacid Investments plc
  • Ticker: CARB
  • Exchange: NASE
  • Founded: NaN
  • Industry: Industrial Gases
  • Sector: Materials
  • Market Cap: KSh2.905b
  • Shares outstanding: 254.85m
  • Website: https://www.carbacid.com

Number of Employees


Location

  • Carbacid Investments plc
  • L.R. No. 1870/1/569 ALN House
  • Eldama Ravine Close
  • Nairobi
  • 606
  • Kenya

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/25 16:48
End of Day Share Price2021/10/25 00:00
Earnings2020/07/31
Annual Earnings2020/07/31


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.