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ILLO

Illovo Sugar (Malawi)MAL:ILLOVO Stock Report

Market Cap

MK189.1b

7D

-0.004%

1Y

n/a

Updated

18 Oct, 2021

Data

Company Financials
ILLOVO fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance4/6
Financial Health6/6
Dividends2/6

ILLOVO Overview

Illovo Sugar (Malawi) plc grows sugar cane and manufactures sugar in Malawi.

Price History & Performance

Summary of all time highs, changes and price drops for Illovo Sugar (Malawi)
Historical stock prices
Current Share PriceMK264.99
52 Week HighMK0
52 Week LowMK0
Beta0.13
1 Month Change-0.23%
3 Month Change140.88%
1 Year Changen/a
3 Year Change29.36%
5 Year Change70.96%
Change since IPO140.90%

Recent News & Updates

Shareholder Returns

ILLOVOMW FoodMW Market
7D-0.004%0.006%-0.4%
1Yn/a19.3%29.0%

Return vs Industry: Insufficient data to determine how ILLOVO performed against the MW Food industry.

Return vs Market: Insufficient data to determine how ILLOVO performed against the MW Market.

Price Volatility

Is ILLOVO's price volatile compared to industry and market?
ILLOVO volatility
ILLOVO Beta0.13
Industry Beta0.52
Market Beta1

Stable Share Price: Insufficient data to determine ILLOVO's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine ILLOVO's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
196513,000Lekani Katandulahttps://www.illovosugarafrica.com/About-us/Malawi

Illovo Sugar (Malawi) plc grows sugar cane and manufactures sugar in Malawi. It operates through Cane Growing and Sugar Production segments. The company produces raw, brown, refined, and specialty sugars, as well as molasses, a by-product for sale as a fermentation raw material to the fuel alcohol distilleries.

Illovo Sugar (Malawi) Fundamentals Summary

How do Illovo Sugar (Malawi)'s earnings and revenue compare to its market cap?
ILLOVO fundamental statistics
Market CapMK189.06b
Earnings (TTM)MK6.81b
Revenue (TTM)MK147.89b

27.8x

P/E Ratio

1.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ILLOVO income statement (TTM)
RevenueMK147.89b
Cost of RevenueMK823.00m
Gross ProfitMK147.07b
ExpensesMK140.26b
EarningsMK6.81b

Last Reported Earnings

Feb 28, 2021

Next Earnings Date

n/a

Earnings per share (EPS)9.54
Gross Margin99.44%
Net Profit Margin4.60%
Debt/Equity Ratio0.0%

How did ILLOVO perform over the long term?

See historical performance and comparison

Dividends

1.5%

Current Dividend Yield

21%

Payout Ratio

Valuation

Is Illovo Sugar (Malawi) undervalued compared to its fair value and its price relative to the market?

27.77x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: ILLOVO (MWK264.99) is trading above our estimate of fair value (MWK45.62)

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


Price To Earnings Ratio

PE vs Industry: ILLOVO is poor value based on its PE Ratio (27.8x) compared to the African Food industry average (13.6x).

PE vs Market: ILLOVO is poor value based on its PE Ratio (27.8x) compared to the MW market (12.2x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ILLOVO's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ILLOVO is overvalued based on its PB Ratio (2.5x) compared to the XF Food industry average (1.4x).


Future Growth

How is Illovo Sugar (Malawi) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.5%

Forecasted Food, Beverage & Tobacco 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 Illovo Sugar (Malawi) 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 Illovo Sugar (Malawi) performed over the past 5 years?

-4.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ILLOVO has high quality earnings.

Growing Profit Margin: ILLOVO's current net profit margins (4.6%) are higher than last year (2.8%).


Past Earnings Growth Analysis

Earnings Trend: ILLOVO's earnings have declined by 4% per year over the past 5 years.

Accelerating Growth: ILLOVO's earnings growth over the past year (69.8%) exceeds its 5-year average (-4% per year).

Earnings vs Industry: ILLOVO earnings growth over the past year (69.8%) exceeded the Food industry 8%.


Return on Equity

High ROE: ILLOVO's Return on Equity (8.9%) is considered low.


Financial Health

How is Illovo Sugar (Malawi)'s financial position?


Financial Position Analysis

Short Term Liabilities: ILLOVO's short term assets (MWK88.6B) exceed its short term liabilities (MWK44.9B).

Long Term Liabilities: ILLOVO's short term assets (MWK88.6B) exceed its long term liabilities (MWK27.6B).


Debt to Equity History and Analysis

Debt Level: ILLOVO is debt free.

Reducing Debt: ILLOVO has no debt compared to 5 years ago when its debt to equity ratio was 130.5%.

Debt Coverage: ILLOVO has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: ILLOVO has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Illovo Sugar (Malawi) current dividend yield, its reliability and sustainability?

1.51%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ILLOVO's dividend (1.51%) is higher than the bottom 25% of dividend payers in the MW market (1.43%).

High Dividend: ILLOVO's dividend (1.51%) is low compared to the top 25% of dividend payers in the MW market (4.81%).


Stability and Growth of Payments

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

Growing Dividend: ILLOVO's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (21%), ILLOVO's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

3.8yrs

Average management tenure


CEO

Lekani Katandula (46 yo)

1.5yrs

Tenure

Mr. Lekani Leslie Katandula, FCCA serves as Non-Executive Director at Telekom Networks Malawi plc since April 2, 2020. He serves as Non-Executive Director at First Capital Bank Plc since 2019. Mr. Katandul...


Leadership Team

Experienced Management: ILLOVO's management team is considered experienced (3.8 years average tenure).


Board Members

Experienced Board: ILLOVO's board of directors are considered experienced (3.4 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

Illovo Sugar (Malawi) plc's employee growth, exchange listings and data sources


Key Information

  • Name: Illovo Sugar (Malawi) plc
  • Ticker: ILLOVO
  • Exchange: MAL
  • Founded: 1965
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: MK189.056b
  • Shares outstanding: 713.44m
  • Website: https://www.illovosugarafrica.com/About-us/Malawi

Number of Employees


Location

  • Illovo Sugar (Malawi) plc
  • Illovo House
  • Churchill Road
  • Limbe
  • Malawi

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/18 17:03
End of Day Share Price2021/10/14 00:00
Earnings2021/02/28
Annual Earnings2020/08/31


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.