company background image
CWM.

C. W. Mackie COSE:CWM.N0000 Stock Report

Last Price

LK₨67.30

Market Cap

LK₨2.4b

7D

6.0%

1Y

-4.0%

Updated

15 Aug, 2022

Data

Company Financials
CWM.N0000 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance4/6
Financial Health3/6
Dividends4/6

CWM.N0000 Stock Overview

C. W. Mackie PLC, together with its subsidiaries, manufactures, imports, markets, and distributes fast moving consumer goods to food and beverage, and personal and household care industries.

C. W. Mackie Competitors

Price History & Performance

Summary of all time highs, changes and price drops for C. W. Mackie
Historical stock prices
Current Share PriceLK₨67.30
52 Week HighLK₨82.00
52 Week LowLK₨50.00
Beta0.079
1 Month Change-5.87%
3 Month Change15.44%
1 Year Change-3.99%
3 Year Change54.71%
5 Year Change30.68%
Change since IPO380.71%

Recent News & Updates

Shareholder Returns

CWM.N0000LK Retail DistributorsLK Market
7D6.0%5.4%8.4%
1Y-4.0%-3.3%5.8%

Return vs Industry: CWM.N0000 matched the LK Retail Distributors industry which returned -3.3% over the past year.

Return vs Market: CWM.N0000 underperformed the LK Market which returned 5.8% over the past year.

Price Volatility

Is CWM.N0000's price volatile compared to industry and market?
CWM.N0000 volatility
CWM.N0000 Average Weekly Movement11.5%
Retail Distributors Industry Average Movement5.3%
Market Average Movement8.6%
10% most volatile stocks in LK Market13.1%
10% least volatile stocks in LK Market4.9%

Stable Share Price: CWM.N0000 is more volatile than 75% of LK stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: CWM.N0000's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of LK stocks.

About the Company

FoundedEmployeesCEOWebsite
1900574Hemaka Devapriya Amarasuriyahttps://www.cwmackie.com

C. W. Mackie PLC, together with its subsidiaries, manufactures, imports, markets, and distributes fast moving consumer goods to food and beverage, and personal and household care industries. It operates through Commodity Trading, Rubber-Based Products Manufacturing, Industrial Products, Fast Moving Consumer Goods, and Other segments. The company exports and sells natural rubber, thick pale crepe rubber, ribbed smoked sheet rubber, and desiccated coconut and non-traditional spices; and manufactures and sells technically specified rubber, plantation sole crepe rubber, specialized industrial sole crepe rubber, and moulded rubber products.

C. W. Mackie Fundamentals Summary

How do C. W. Mackie's earnings and revenue compare to its market cap?
CWM.N0000 fundamental statistics
Market CapLK₨2.42b
Earnings (TTM)LK₨507.93m
Revenue (TTM)LK₨13.16b

4.8x

P/E Ratio

0.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CWM.N0000 income statement (TTM)
RevenueLK₨13.16b
Cost of RevenueLK₨11.20b
Gross ProfitLK₨1.96b
Other ExpensesLK₨1.45b
EarningsLK₨507.93m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)14.11
Gross Margin14.88%
Net Profit Margin3.86%
Debt/Equity Ratio70.6%

How did CWM.N0000 perform over the long term?

See historical performance and comparison

Dividends

14.9%

Current Dividend Yield

71%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is CWM.N0000 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for CWM.N0000?

Other financial metrics that can be useful for relative valuation.

CWM.N0000 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.4x
Enterprise Value/EBITDA5.5x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does CWM.N0000's PE Ratio compare to its peers?

CWM.N0000 PE Ratio vs Peers
The above table shows the PE ratio for CWM.N0000 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average23.3x
JKL.N0000 John Keells
15.9xn/aLK₨4.0b
HUNT.N0000 Hunter
6.1xn/aLK₨3.7b
AUTO.N0000 Autodrome
53xn/aLK₨1.2b
RIL.N0000 R I L Property
8.9xn/aLK₨6.1b
CWM.N0000 C. W. Mackie
4.8xn/aLK₨2.4b

Price-To-Earnings vs Peers: CWM.N0000 is good value based on its Price-To-Earnings Ratio (4.8x) compared to the peer average (23.3x).


Price to Earnings Ratio vs Industry

How does CWM.N0000's PE Ratio compare vs other companies in the Asian Retail Distributors Industry?

Price-To-Earnings vs Industry: CWM.N0000 is good value based on its Price-To-Earnings Ratio (4.8x) compared to the LK Retail Distributors industry average (8.7x)


Price to Earnings Ratio vs Fair Ratio

What is CWM.N0000's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

CWM.N0000 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio4.8x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate CWM.N0000's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of CWM.N0000 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: CWM.N0000 (LKR67.3) is trading above our estimate of fair value (LKR65.21)

Significantly Below Fair Value: CWM.N0000 is trading above our estimate of fair value.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


Discover undervalued companies

Future Growth

How is C. W. Mackie forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-2.3%

Forecasted Retail 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 C. W. Mackie 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.


Discover growth companies

Past Performance

How has C. W. Mackie performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


9.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: CWM.N0000 has a high level of non-cash earnings.

Growing Profit Margin: CWM.N0000's current net profit margins (3.9%) are higher than last year (2.4%).


Past Earnings Growth Analysis

Earnings Trend: CWM.N0000's earnings have grown by 9.6% per year over the past 5 years.

Accelerating Growth: CWM.N0000's earnings growth over the past year (91.9%) exceeds its 5-year average (9.6% per year).

Earnings vs Industry: CWM.N0000 earnings growth over the past year (91.9%) exceeded the Retail Distributors industry 79.9%.


Return on Equity

High ROE: CWM.N0000's Return on Equity (13.6%) is considered low.


Discover strong past performing companies

Financial Health

How is C. W. Mackie's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: CWM.N0000's short term assets (LKR5.6B) exceed its short term liabilities (LKR4.1B).

Long Term Liabilities: CWM.N0000's short term assets (LKR5.6B) exceed its long term liabilities (LKR679.8M).


Debt to Equity History and Analysis

Debt Level: CWM.N0000's net debt to equity ratio (65.3%) is considered high.

Reducing Debt: CWM.N0000's debt to equity ratio has increased from 46.4% to 70.6% over the past 5 years.

Debt Coverage: CWM.N0000's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: CWM.N0000's interest payments on its debt are well covered by EBIT (5x coverage).


Balance Sheet


Discover healthy companies

Dividend

What is C. W. Mackie current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


14.86%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: CWM.N0000's dividend (14.86%) is higher than the bottom 25% of dividend payers in the LK market (2.25%).

High Dividend: CWM.N0000's dividend (14.86%) is in the top 25% of dividend payers in the LK market (8.27%)


Stability and Growth of Payments

Stable Dividend: CWM.N0000's dividend payments have been volatile in the past 10 years.

Growing Dividend: CWM.N0000's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (70.9%), CWM.N0000's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: CWM.N0000 is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Management

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

11.9yrs

Average board tenure


CEO

Hemaka Devapriya Amarasuriya (78 yo)

0.083

Tenure

Mr. Hemaka Devapriya Senarath Amarasuriya served as Vice President of Retail Holdings N.V. since October 2005. Mr. Amarasuriya served as a Senior Regional Vice President at Singer Asia Limited. He served a...


Board Members

Experienced Board: CWM.N0000's board of directors are seasoned and experienced ( 11.9 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

C. W. Mackie PLC's employee growth, exchange listings and data sources


Key Information

  • Name: C. W. Mackie PLC
  • Ticker: CWM.N0000
  • Exchange: COSE
  • Founded: 1900
  • Industry: Distributors
  • Sector: Retail
  • Implied Market Cap: LK₨2.422b
  • Shares outstanding: 35.99m
  • Website: https://www.cwmackie.com

Number of Employees


Location

  • C. W. Mackie PLC
  • No. 36, D.R. Wijewardena Mawatha
  • Colombo
  • 10
  • Sri Lanka

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/15 00:00
End of Day Share Price2022/08/15 00:00
Earnings2022/03/31
Annual Earnings2022/03/31


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.