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CGP

Capricorn GroupNMSE:CGP Stock Report

Market Cap

R6.8b

7D

-0.4%

1Y

1.8%

Updated

26 Oct, 2021

Data

Company Financials
CGP fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance1/6
Financial Health4/6
Dividends2/6

CGP Overview

Capricorn Group Limited, an investment holding company, engages in the banking, microlending, and related businesses in Namibia, Botswana, and Zambia.

Price History & Performance

Summary of all time highs, changes and price drops for Capricorn Group
Historical stock prices
Current Share PriceR13.23
52 Week HighR10.00
52 Week LowR13.50
Beta-0.080
1 Month Change3.12%
3 Month Change1.93%
1 Year Change1.77%
3 Year Change-17.67%
5 Year Change-22.18%
Change since IPO30.35%

Recent News & Updates

Shareholder Returns

CGPNA BanksNA Market
7D-0.4%-0.2%-0.7%
1Y1.8%24.9%0.4%

Return vs Industry: CGP underperformed the NA Banks industry which returned 24.9% over the past year.

Return vs Market: CGP exceeded the NA Market which returned 0.4% over the past year.

Price Volatility

Is CGP's price volatile compared to industry and market?
CGP volatility
CGP Beta-0.080
Industry Beta0.68
Market Beta1

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

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

About the Company

FoundedEmployeesCEOWebsite
19822,043Thinus Prinsloohttps://www.capricorn.com.na

Capricorn Group Limited, an investment holding company, engages in the banking, microlending, and related businesses in Namibia, Botswana, and Zambia. The company’s products and services include savings and investment products; credit and loans; insurance products; forex and trade finance; asset management; and investment banking and advisory services, as well as facilitates payments. Its business activities also include property development and valuation; unit trust management; mobile telecommunication services; financial consultancy; custodian of third-party investments; insurance brokerage; ICT network solutions, satellite connectivity, and infrastructure; and property investment.

Capricorn Group Fundamentals Summary

How do Capricorn Group's earnings and revenue compare to its market cap?
CGP fundamental statistics
Market CapN$6.73b
Earnings (TTM)N$913.60m
Revenue (TTM)N$3.28b

7.4x

P/E Ratio

1.0x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CGP income statement (TTM)
RevenueN$3.28b
Cost of RevenueN$0
Gross ProfitN$3.28b
ExpensesN$2.37b
EarningsN$913.60m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)1.79
Gross Margin100.00%
Net Profit Margin27.82%
Debt/Equity Ratio105.7%

How did CGP perform over the long term?

See historical performance and comparison

Dividends

4.6%

Current Dividend Yield

34%

Payout Ratio

Valuation

Is Capricorn Group undervalued compared to its fair value and its price relative to the market?

7.36x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: CGP (ZAR13.23) is trading above our estimate of fair value (ZAR7.74)

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


Price To Earnings Ratio

PE vs Industry: CGP is poor value based on its PE Ratio (7.4x) compared to the African Banks industry average (6.5x).

PE vs Market: CGP's PE Ratio (7.4x) is in line with the NA market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: CGP is overvalued based on its PB Ratio (1x) compared to the XF Banks industry average (0.9x).


Future Growth

How is Capricorn Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

19.4%

Forecasted Banks 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 Capricorn Group 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 Capricorn Group performed over the past 5 years?

-0.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CGP has high quality earnings.

Growing Profit Margin: CGP's current net profit margins (27.8%) are lower than last year (28.6%).


Past Earnings Growth Analysis

Earnings Trend: CGP's earnings have declined by 0.6% per year over the past 5 years.

Accelerating Growth: CGP's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: CGP had negative earnings growth (-0.3%) over the past year, making it difficult to compare to the Banks industry average (11%).


Return on Equity

High ROE: CGP's Return on Equity (14.4%) is considered low.


Financial Health

How is Capricorn Group's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: CGP's Assets to Equity ratio (7.9x) is low.

Allowance for Bad Loans: CGP has a low allowance for bad loans (52%).

Low Risk Liabilities: 82% of CGP's liabilities are made up of primarily low risk sources of funding.

Loan Level: CGP has an appropriate level of Loans to Assets ratio (73%).

Low Risk Deposits: CGP's Loans to Deposits ratio (102%) is appropriate.

Level of Bad Loans: CGP has a high level of bad loans (5.8%).


Dividend

What is Capricorn Group current dividend yield, its reliability and sustainability?

4.56%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: CGP's dividend (4.56%) is higher than the bottom 25% of dividend payers in the NA market (3.28%).

High Dividend: CGP's dividend (4.56%) is low compared to the top 25% of dividend payers in the NA market (7.87%).


Stability and Growth of Payments

Stable Dividend: CGP has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: CGP's dividend payments have increased, but the company has only paid a dividend for 8 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (33.6%), CGP'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?

4.6yrs

Average management tenure


CEO

Thinus Prinsloo (50 yo)

5.75yrs

Tenure

N$7,227,000

Compensation

Mr. Marthinus Johannes Prinsloo, also known as Thinus, B.Compt (Hons), CA (SA), serves as the Group Chief Executive Officer and Executive Director at Capricorn Group Ltd. (formerly known as Capricorn Inves...


CEO Compensation Analysis

Compensation vs Market: Thinus's total compensation ($USD490.13K) is below average for companies of similar size in the NA market ($USD715.30K).

Compensation vs Earnings: Thinus's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: CGP's management team is considered experienced (4.6 years average tenure).


Board Members

Experienced Board: CGP's board of directors are considered experienced (4.3 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

Capricorn Group Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Capricorn Group Limited
  • Ticker: CGP
  • Exchange: NMSE
  • Founded: 1982
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: R6.762b
  • Shares outstanding: 511.11m
  • Website: https://www.capricorn.com.na

Number of Employees


Location

  • Capricorn Group Limited
  • Capricorn Group Building
  • 6th Floor
  • Windhoek
  • Namibia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/26 17:02
End of Day Share Price2021/10/22 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.