LHN Stock Overview

Provides banking and other financial services to residents in Namibia. More details

LHN fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	2/6
Financial Health	2/6
Dividends	2/6

Rewards

Price-To-Earnings ratio (6.6x) is below the Consumer Finance industry average (14.2x)

Risk Analysis

Earnings have declined by 3.8% per year over past 5 years

Shares are highly illiquid

Dividend of 15.26% is either not well covered by earnings currently or not forecast to be covered

My Notes

Capture your thoughts, links and company narrative

Letshego Holdings (Namibia) Limited Competitors

Tadvest

NMSE:TAD

R748.0m

Financiera Independencia. de SOFOM E.N.R

BMV:FINDEP *

Mex$2.5b

Han Kook Capital.Co

KOSDAQ:A023760

₩177.6b

Asia Sermkij Leasing

SET:ASK

฿5.3b

Price History & Performance

Summary of share price highs, lows and changes for Letshego Holdings (Namibia)
Historical stock prices
Current Share Price	R5.00
52 Week High	R5.01
52 Week Low	R3.95
Beta	0.097
1 Month Change	0%
3 Month Change	n/a
1 Year Change	27.88%
3 Year Change	155.10%
5 Year Change	51.98%
Change since IPO	23.46%

Recent updates

Shareholder Returns

	LHN	NA Consumer Finance	NA Market
7D	0%	-1.3%	0.0009%
1Y	27.9%	10.2%	3.6%

Return vs Industry: LHN exceeded the NA Consumer Finance industry which returned 10.2% over the past year.

Return vs Market: LHN exceeded the NA Market which returned 3.6% over the past year.

Price Volatility

Is LHN's price volatile compared to industry and market?
LHN volatility
LHN Average Weekly Movement	n/a
Consumer Finance Industry Average Movement	5.6%
Market Average Movement	4.4%
10% most volatile stocks in NA Market	8.5%
10% least volatile stocks in NA Market	2.0%

Stable Share Price: LHN's share price has been volatile over the past 3 months compared to the NA market.

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

About the Company

Founded	Employees	CEO	Website
1997	150	Ester Kali	www.letshego.com/namibia

Letshego Holdings (Namibia) Limited provides banking and other financial services to residents in Namibia. It offers banking services, including account management; overdraft facilities and services; and micro-lending services. The company was founded in 1997 and is based in Windhoek, Namibia.

Letshego Holdings (Namibia) Limited Fundamentals Summary

How do Letshego Holdings (Namibia)'s earnings and revenue compare to its market cap?
LHN fundamental statistics
Market cap	R2.50b
Earnings (TTM)	R381.41m
Revenue (TTM)	R785.91m

6.6x

P/E Ratio

3.2x

P/S Ratio

Is LHN overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
LHN income statement (TTM)
Revenue	N$785.77m
Cost of Revenue	N$5.89m
Gross Profit	N$779.88m
Other Expenses	N$398.54m
Earnings	N$381.34m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.76
Gross Margin	99.25%
Net Profit Margin	48.53%
Debt/Equity Ratio	102.9%

How did LHN perform over the long term?

See historical performance and comparison

Dividends

15.3%

Current Dividend Yield

144%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/22 06:24
End of Day Share Price	2024/12/13 00:00
Earnings	2024/06/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Letshego Holdings (Namibia) Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Joshua Singer Mansfeld	IJG Securities (Pty) Ltd

LHN Stock Overview

Rewards

Risk Analysis

Letshego Holdings (Namibia) Limited Competitors

NMSE:TAD

R748.0m

BMV:FINDEP *

Mex$2.5b

KOSDAQ:A023760

₩177.6b

SET:ASK

฿5.3b

Price History & Performance

Recent News & Updates

Upcoming dividend of N$0.40 per share

First half 2024 earnings released: EPS: N$0.40 (vs N$0.34 in 1H 2023)

Letshego Holdings (Namibia) Limited Declares Dividend for the Period Ended 30 June 2024, Payable on 22 November 2024

High number of new directors

Letshego Holdings (Namibia) Limited, Annual General Meeting, Aug 09, 2024

Letshego Holdings (Namibia) Limited Appoints Jerome Mutumba as Independent Non-Executive Director

Recent updates

Upcoming dividend of N$0.40 per share

First half 2024 earnings released: EPS: N$0.40 (vs N$0.34 in 1H 2023)

Letshego Holdings (Namibia) Limited Declares Dividend for the Period Ended 30 June 2024, Payable on 22 November 2024

High number of new directors

Letshego Holdings (Namibia) Limited, Annual General Meeting, Aug 09, 2024

Letshego Holdings (Namibia) Limited Appoints Jerome Mutumba as Independent Non-Executive Director

New major risk - Financial data availability

Upcoming dividend of N$0.36 per share

Final dividend of N$0.36 announced

Final dividend of N$0.36 announced

New minor risk - Financial data availability

Upcoming dividend of N$0.34 per share at 20% yield

Full year 2022 earnings released: EPS: N$0.70 (vs N$0.61 in FY 2021)

Upcoming dividend of N$0.45 per share at 18% yield

Investor sentiment improved over the past week

Upcoming dividend of N$0.25 per share

Investor sentiment deteriorated over the past week

Letshego Holdings (Namibia) Limited Announces Appointment of Ms. Mignon Klein as Head of Legal, Governance & Compliance/Company Secretary

Investor sentiment improved over the past week

Upcoming dividend of N$0.30 per share

Insufficient new directors

Investor sentiment deteriorated over the past week

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Insufficient new directors

Insufficient new directors

Investor sentiment deteriorated over the past week

Upcoming dividend of N$0.16 per share

Investor sentiment improved over the past week

First half 2021 earnings released: EPS N$0.32 (vs N$0.29 in 1H 2020)

Upcoming dividend of N$0.23 per share

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Full year 2020 earnings released

New 90-day low: R2.20

New 90-day low: R2.40

First half earnings released

New 90-day low - R2.67

Shareholder Returns

Price Volatility

About the Company

Letshego Holdings (Namibia) Limited Fundamentals Summary

6.6x

3.2x

Earnings & Revenue

Dividends

15.3%

144%

Company Analysis and Financial Data Status

Data Sources

Analysis Model and Snowflake

Industry and Sector Metrics

Analyst Sources