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CRWN

Crown Paints KenyaNASE:CRWN Stock Report

Market Cap

KSh4.4b

7D

-0.2%

1Y

-25.9%

Updated

25 Oct, 2021

Data

Company Financials
CRWN fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance6/6
Financial Health5/6
Dividends0/6

CRWN Overview

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

Summary of all time highs, changes and price drops for Crown Paints Kenya
Historical stock prices
Current Share PriceKSh30.75
52 Week HighKSh19.05
52 Week LowKSh43.00
Beta0.15
1 Month Change14.74%
3 Month Change40.41%
1 Year Change-25.90%
3 Year Change-61.56%
5 Year Change-35.26%
Change since IPO401.11%

Recent News & Updates

Shareholder Returns

CRWNKE ChemicalsKE Market
7D-0.2%-1.9%-1.0%
1Y-25.9%94.1%28.4%

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.

Price Volatility

Is CRWN's price volatile compared to industry and market?
CRWN volatility
CRWN Beta0.15
Industry Beta1.88
Market Beta1

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

FoundedEmployeesCEOWebsite
1958n/aRakesh Raohttps://www.crownpaints.co.ke

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

How do Crown Paints Kenya's earnings and revenue compare to its market cap?
CRWN fundamental statistics
Market CapKSh4.38b
Earnings (TTM)KSh599.51m
Revenue (TTM)KSh9.19b

7.3x

P/E Ratio

0.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CRWN income statement (TTM)
RevenueKSh9.19b
Cost of RevenueKSh5.25b
Gross ProfitKSh3.94b
ExpensesKSh3.34b
EarningsKSh599.51m

Last Reported Earnings

Dec 31, 2020

Next Earnings Date

n/a

Earnings per share (EPS)4.21
Gross Margin42.91%
Net Profit Margin6.52%
Debt/Equity Ratio70.6%

How did CRWN perform over the long term?

See historical performance and comparison

Valuation

Is Crown Paints Kenya undervalued compared to its fair value and its price relative to the market?

>50%

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).


Future Growth

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

17.3%

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.


Past Performance

How has Crown Paints Kenya performed over the past 5 years?

53.7%

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.


Financial Health

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).


Balance Sheet


Dividend

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.


Next Steps

Management

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

0.7yrs

Average board tenure


CEO

Rakesh Rao

no data

Tenure

KSh48,944,336

Compensation

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.


Board Members

Experienced Board: CRWN's board of directors are not considered experienced ( 0.7 years average tenure), which suggests a new board.


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 been substantially diluted in the past year, with total shares outstanding growing by 100%.


Top Shareholders

Company Information

Crown Paints Kenya PLC's employee growth, exchange listings and data sources


Key Information

  • 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

Location

  • Crown Paints Kenya PLC
  • Industrial Area
  • Likoni Road
  • Nairobi
  • 507
  • 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 16:45
End of Day Share Price2021/10/25 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.