Crown Paints Kenya PLC, together with its subsidiaries, engages in the manufacture and sale of paints, adhesives, decorating sundries, PVA emulsion, and alkyd resins in Kenya, Uganda, Tanzania, and Rwanda.
Price History & Performance
|Historical stock prices|
|Current Share Price||KSh30.75|
|52 Week High||KSh19.05|
|52 Week Low||KSh43.00|
|1 Month Change||14.74%|
|3 Month Change||40.41%|
|1 Year Change||-25.90%|
|3 Year Change||-61.56%|
|5 Year Change||-35.26%|
|Change since IPO||401.11%|
Recent News & Updates
|CRWN||KE Chemicals||KE Market|
Return vs Industry: CRWN underperformed the KE Chemicals industry which returned 95.4% over the past year.
Return vs Market: CRWN underperformed the KE Market which returned 28.5% over the past year.
Stable Share Price: CRWN is more volatile than 75% of KE stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: CRWN's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of KE stocks.
About the Company
Crown Paints Kenya PLC, together with its subsidiaries, engages in the manufacture and sale of paints, adhesives, decorating sundries, PVA emulsion, and alkyd resins in Kenya, Uganda, Tanzania, and Rwanda. It operates through two divisions, Paints and Adhesives. The company offers decorative paint products, such as emulsion water based paints, floor paints, gloss/oil based paints, roof paints, textured finished special effects, and wood finishes; automotive paints; industrial paints; intermediate products, including polyfilla, primers, undercoats, and wall care products; road marking paints; and thinners, as well as adhesives.
Crown Paints Kenya Fundamentals Summary
|CRWN fundamental statistics|
Is CRWN overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CRWN income statement (TTM)|
|Cost of Revenue||KSh5.25b|
Last Reported Earnings
Dec 31, 2020
Next Earnings Date
|Earnings per share (EPS)||4.21|
|Net Profit Margin||6.52%|
How did CRWN perform over the long term?See historical performance and comparison
Is Crown Paints Kenya undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CRWN (KES30.75) is trading below our estimate of fair value (KES127.96)
Significantly Below Fair Value: CRWN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CRWN is good value based on its PE Ratio (7.3x) compared to the African Chemicals industry average (13.4x).
PE vs Market: CRWN is poor value based on its PE Ratio (7.3x) compared to the KE market (6.8x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CRWN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CRWN is overvalued based on its PB Ratio (2.3x) compared to the XF Chemicals industry average (1.2x).
How is Crown Paints Kenya forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Crown Paints 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.
How has Crown Paints Kenya performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CRWN has high quality earnings.
Growing Profit Margin: CRWN's current net profit margins (6.5%) are higher than last year (3.8%).
Past Earnings Growth Analysis
Earnings Trend: CRWN's earnings have grown significantly by 53.7% per year over the past 5 years.
Accelerating Growth: CRWN's earnings growth over the past year (85.2%) exceeds its 5-year average (53.7% per year).
Earnings vs Industry: CRWN earnings growth over the past year (85.2%) exceeded the Chemicals industry 27%.
Return on Equity
High ROE: CRWN's Return on Equity (31.4%) is considered high.
How is Crown Paints Kenya's financial position?
Financial Position Analysis
Short Term Liabilities: CRWN's short term assets (KES3.8B) exceed its short term liabilities (KES3.2B).
Long Term Liabilities: CRWN's short term assets (KES3.8B) exceed its long term liabilities (KES504.2M).
Debt to Equity History and Analysis
Debt Level: CRWN's debt to equity ratio (70.6%) is considered high.
Reducing Debt: CRWN's debt to equity ratio has reduced from 96.3% to 70.6% over the past 5 years.
Debt Coverage: CRWN's debt is well covered by operating cash flow (78.6%).
Interest Coverage: CRWN's interest payments on its debt are well covered by EBIT (3.5x coverage).
What is Crown Paints Kenya current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CRWN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CRWN'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 CRWN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CRWN's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: CRWN is not paying a notable dividend for the KE market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CRWN'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 board tenure
Dr. Rakesh Kumar Rao serves as Group Chief Executive Officer and Executive Director of Crown Paints Kenya plc and served as its Managing Director.
CEO Compensation Analysis
Compensation vs Market: Rakesh's total compensation ($USD440.23K) is above average for companies of similar size in the KE market ($USD235.11K).
Compensation vs Earnings: Rakesh's compensation has been consistent with company performance over the past year.
Experienced Board: CRWN's board of directors are not considered experienced ( 0.7 years average tenure), which suggests a new board.
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 been substantially diluted in the past year, with total shares outstanding growing by 100%.
Crown Paints Kenya PLC's employee growth, exchange listings and data sources
- Name: Crown Paints Kenya PLC
- Ticker: CRWN
- Exchange: NASE
- Founded: 1958
- Industry: Specialty Chemicals
- Sector: Materials
- Market Cap: KSh4.378b
- Shares outstanding: 142.36m
- Website: https://www.crownpaints.co.ke
- Crown Paints Kenya PLC
- Industrial Area
- Likoni Road
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/25 16:45|
|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.