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PORT

East African Portland CementNASE:PORT Stock Report

Market Cap

KSh729.0m

7D

-2.4%

1Y

-50.0%

Updated

19 Oct, 2021

Data

Company Financials +
PORT fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

PORT Overview

East African Portland Cement Company Limited manufactures and sells cement in East Africa.

Price History & Performance

Summary of all time highs, changes and price drops for East African Portland Cement
Historical stock prices
Current Share PriceKSh8.00
52 Week HighKSh7.20
52 Week LowKSh15.90
Beta-0.27
1 Month Change-5.66%
3 Month Change11.11%
1 Year Change-50.00%
3 Year Change-58.33%
5 Year Change-68.32%
Change since IPO-28.89%

Recent News & Updates

Shareholder Returns

PORTKE Basic MaterialsKE Market
7D-2.4%0.7%0.1%
1Y-50.0%65.7%28.3%

Return vs Industry: PORT underperformed the KE Basic Materials industry which returned 65.7% over the past year.

Return vs Market: PORT underperformed the KE Market which returned 29.7% over the past year.

Price Volatility

Is PORT's price volatile compared to industry and market?
PORT volatility
PORT Beta-0.27
Industry Beta0.51
Market Beta1

Stable Share Price: PORT is more volatile than 90% of KE stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: PORT's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of KE stocks.

About the Company

FoundedEmployeesCEOWebsite
1933n/aSimon Ole Nkerihttps://www.eastafricanportland.com

East African Portland Cement Company Limited manufactures and sells cement in East Africa. The company offers ordinary Portland cement and Portland pozzolanic cement for cementing, mortar, and concrete building applications, as well as custom-made cement products for the construction trade. It offers its products primarily under the Blue Triangle Cement brand.

East African Portland Cement Fundamentals Summary

How do East African Portland Cement's earnings and revenue compare to its market cap?
PORT fundamental statistics
Market CapKSh729.00m
Earnings (TTM)-KSh2.77b
Revenue (TTM)KSh2.47b

0.3x

P/S Ratio

-0.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PORT income statement (TTM)
RevenueKSh2.47b
Cost of RevenueKSh3.30b
Gross Profit-KSh825.45m
ExpensesKSh1.94b
Earnings-KSh2.77b

Last Reported Earnings

Jun 30, 2020

Next Earnings Date

n/a

Earnings per share (EPS)-30.77
Gross Margin-33.35%
Net Profit Margin-111.90%
Debt/Equity Ratio1.0%

How did PORT perform over the long term?

See historical performance and comparison

Valuation

Is East African Portland Cement undervalued compared to its fair value and its price relative to the market?

0.038x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate PORT's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate PORT's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: PORT is unprofitable, so we can't compare its PE Ratio to the African Basic Materials industry average.

PE vs Market: PORT 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 PORT's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: PORT is good value based on its PB Ratio (0x) compared to the XF Basic Materials industry average (1.4x).


Future Growth

How is East African Portland Cement forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

-5.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PORT is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: PORT is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: PORT is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: PORT's revenue (0.01% per year) is forecast to grow slower than the KE market (9.3% per year).

High Growth Revenue: PORT's revenue (0.01% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: PORT is forecast to be unprofitable in 3 years.


Past Performance

How has East African Portland Cement performed over the past 5 years?

17.6%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: PORT is currently unprofitable.

Growing Profit Margin: PORT is currently unprofitable.


Past Earnings Growth Analysis

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

Accelerating Growth: Unable to compare PORT's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: PORT is unprofitable, making it difficult to compare its past year earnings growth to the Basic Materials industry (44.8%).


Return on Equity

High ROE: PORT has a negative Return on Equity (-14.77%), as it is currently unprofitable.


Financial Health

How is East African Portland Cement's financial position?


Financial Position Analysis

Short Term Liabilities: PORT's short term assets (KES2.4B) do not cover its short term liabilities (KES16.2B).

Long Term Liabilities: PORT's short term assets (KES2.4B) exceed its long term liabilities (KES180.0M).


Debt to Equity History and Analysis

Debt Level: PORT's debt to equity ratio (1%) is considered satisfactory.

Reducing Debt: PORT's debt to equity ratio has reduced from 38.5% to 1% over the past 5 years.

Debt Coverage: PORT's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if PORT's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is East African Portland Cement current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate PORT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate PORT'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 PORT's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if PORT's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: PORT is not paying a notable dividend for the KE market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of PORT'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?

3.8yrs

Average board tenure


CEO

Simon Ole Nkeri

5.17yrs

Tenure

KSh19,590,000

Compensation

Mr. Simon Peter Ole Nkeri has been the Managing Director and Director of East African Portland Cement Company Limited since August 5, 2016. Mr. Nkeri serves as General Manager of Operations at National Soc...


CEO Compensation Analysis

Compensation vs Market: Insufficient data to establish whether Simon's total compensation is reasonable compared to companies of similar size in the KE market.

Compensation vs Earnings: Simon's compensation has increased whilst the company is unprofitable.


Board Members

Experienced Board: PORT's board of directors are considered experienced (3.8 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

East African Portland Cement Company Limited's employee growth, exchange listings and data sources


Key Information

  • Name: East African Portland Cement Company Limited
  • Ticker: PORT
  • Exchange: NASE
  • Founded: 1933
  • Industry: Construction Materials
  • Sector: Materials
  • Market Cap: KSh729.000m
  • Shares outstanding: 90.00m
  • Website: https://www.eastafricanportland.com

Location

  • East African Portland Cement Company Limited
  • PO Box 20
  • Athi River
  • 204
  • Kenya

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/19 15:40
End of Day Share Price2021/10/19 00:00
Earnings2020/06/30
Annual Earnings2020/06/30


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.