| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 4/6 |
| Past Performance | 4/6 |
| Financial Health | 6/6 |
| Dividends | 3/6 |
CTC.N0000 Stock Overview
Ceylon Tobacco Company PLC manufactures and sells cigarettes in Sri Lanka.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | LK₨873.75 |
| 52 Week High | LK₨1,138.00 |
| 52 Week Low | LK₨850.00 |
| Beta | 0.17 |
| 1 Month Change | -1.80% |
| 3 Month Change | -5.05% |
| 1 Year Change | -21.74% |
| 3 Year Change | -37.74% |
| 5 Year Change | 7.22% |
| Change since IPO | 2,337.79% |
Recent News & Updates
Shareholder Returns
| CTC.N0000 | LK Tobacco | LK Market | |
|---|---|---|---|
| 7D | 0.4% | -1.8% | 2.6% |
| 1Y | -21.7% | -19.5% | 69.1% |
Return vs Industry: CTC.N0000 underperformed the LK Tobacco industry which returned -18.8% over the past year.
Return vs Market: CTC.N0000 underperformed the LK Market which returned 70.7% over the past year.
Price Volatility
| CTC.N0000 volatility | |
|---|---|
| CTC.N0000 Average Weekly Movement | 1.1% |
| Tobacco Industry Average Movement | 3.6% |
| Market Average Movement | 7.8% |
| 10% most volatile stocks in LK Market | 14.2% |
| 10% least volatile stocks in LK Market | 3.7% |
Stable Share Price: CTC.N0000 is less volatile than 75% of LK stocks over the past 3 months, typically moving +/- 1% a week.
Volatility Over Time: CTC.N0000's weekly volatility (1%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1906 | 262 | Nedal Salem | https://www.ceylontobaccocompany.com |
Ceylon Tobacco Company PLC manufactures and sells cigarettes in Sri Lanka. It offers its products under the Dunhill, John Player Gold Leaf, John Player Navy Cut, John Player Gold, State Express 555, Shuangxi International, Benson & Hedges, Bristol, and Capstan brand names. The company also exports its products.
Ceylon Tobacco Fundamentals Summary
| CTC.N0000 fundamental statistics | |
|---|---|
| Market Cap | LK₨163.67b |
| Earnings (TTM) | LK₨15.25b |
| Revenue (TTM) | LK₨31.36b |
10.7x
P/E Ratio5.2x
P/S RatioIs CTC.N0000 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CTC.N0000 income statement (TTM) | |
|---|---|
| Revenue | LK₨31.36b |
| Cost of Revenue | LK₨2.46b |
| Gross Profit | LK₨28.91b |
| Expenses | LK₨13.65b |
| Earnings | LK₨15.25b |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 81.43 |
| Gross Margin | 92.16% |
| Net Profit Margin | 48.63% |
| Debt/Equity Ratio | 0% |
How did CTC.N0000 perform over the long term?
See historical performance and comparisonDividends
9.5%
Current Dividend Yield102%
Payout RatioValuation
Is Ceylon Tobacco undervalued compared to its fair value and its price relative to the market?
31.2%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CTC.N0000 (LKR873.75) is trading below our estimate of fair value (LKR1270.48)
Significantly Below Fair Value: CTC.N0000 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CTC.N0000 is good value based on its PE Ratio (10.7x) compared to the Asian Tobacco industry average (15.5x).
PE vs Market: CTC.N0000 is good value based on its PE Ratio (10.7x) compared to the LK market (11.9x).
Price to Earnings Growth Ratio
PEG Ratio: CTC.N0000 is poor value based on its PEG Ratio (1.2x)
Price to Book Ratio
PB vs Industry: CTC.N0000 is overvalued based on its PB Ratio (23x) compared to the XA Tobacco industry average (1.9x).
Future Growth
How is Ceylon Tobacco forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
8.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CTC.N0000's forecast earnings growth (8.9% per year) is above the savings rate (3.6%).
Earnings vs Market: CTC.N0000's earnings (8.9% per year) are forecast to grow slower than the LK market (17.7% per year).
High Growth Earnings: CTC.N0000's earnings are forecast to grow, but not significantly.
Revenue vs Market: CTC.N0000's revenue (63.8% per year) is forecast to grow faster than the LK market (20% per year).
High Growth Revenue: CTC.N0000's revenue (63.8% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CTC.N0000's Return on Equity is forecast to be very high in 3 years time (284.7%).
Past Performance
How has Ceylon Tobacco performed over the past 5 years?
5.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CTC.N0000 has high quality earnings.
Growing Profit Margin: CTC.N0000's current net profit margins (48.6%) are higher than last year (46.2%).
Past Earnings Growth Analysis
Earnings Trend: CTC.N0000's earnings have grown by 5.1% per year over the past 5 years.
Accelerating Growth: CTC.N0000's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CTC.N0000 had negative earnings growth (-4.5%) over the past year, making it difficult to compare to the Tobacco industry average (4.4%).
Return on Equity
High ROE: CTC.N0000's Return on Equity (214.4%) is considered outstanding.
Financial Health
How is Ceylon Tobacco's financial position?
Financial Position Analysis
Short Term Liabilities: CTC.N0000's short term assets (LKR24.4B) exceed its short term liabilities (LKR22.1B).
Long Term Liabilities: CTC.N0000's short term assets (LKR24.4B) exceed its long term liabilities (LKR589.0M).
Debt to Equity History and Analysis
Debt Level: CTC.N0000 is debt free.
Reducing Debt: CTC.N0000 has not had any debt for past 5 years.
Debt Coverage: CTC.N0000 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CTC.N0000 has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is Ceylon Tobacco current dividend yield, its reliability and sustainability?
9.48%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CTC.N0000's dividend (9.48%) is higher than the bottom 25% of dividend payers in the LK market (1.27%).
High Dividend: CTC.N0000's dividend (9.48%) is in the top 25% of dividend payers in the LK market (4.9%)
Stability and Growth of Payments
Stable Dividend: CTC.N0000's dividend payments have been volatile in the past 10 years.
Growing Dividend: CTC.N0000's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (101.7%), CTC.N0000's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CTC.N0000's dividends in 3 years are not forecast to be well covered by earnings (96.9% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.7yrs
Average board tenure
CEO
Nedal Salem (50 yo)
2.67yrs
Tenure
Mr. Nedal Louay Salem has been a Managing Director at British American Tobacco (Malaysia) Berhad since October 13, 2021 and also serves as its Non-Independent Executive Director since September 1, 2021. He...
Board Members
Experienced Board: CTC.N0000's board of directors are not considered experienced ( 2.7 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 not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Ceylon Tobacco Company PLC's employee growth, exchange listings and data sources
Key Information
- Name: Ceylon Tobacco Company PLC
- Ticker: CTC.N0000
- Exchange: COSE
- Founded: 1906
- Industry: Tobacco
- Sector: Food, Beverage & Tobacco
- Implied Market Cap: LK₨163.674b
- Shares outstanding: 187.32m
- Website: https://www.ceylontobaccocompany.com
Number of Employees
Location
- Ceylon Tobacco Company PLC
- No. 178, Srimath Ramanathan Mawatha
- Colombo
- 15
- Sri Lanka
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/19 15:45 |
| End of Day Share Price | 2022/01/19 00:00 |
| Earnings | 2021/09/30 |
| 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.