Letshego Holdings (Namibia) (NMSE:LHN) - Stock Price, News & Analysis

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 (14.3x)

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

Letshego Holdings (Namibia) Limited Competitors

Financiera Independencia. de SOFOM E.N.R

BMV:FINDEP *

Mex$2.5b

Han Kook Capital.Co

KOSDAQ:A023760

₩176.7b

VCREDIT Holdings

SEHK:2003

HK$943.0m

Asia Sermkij Leasing

SET:ASK

฿5.6b

Price History & Performance

Summary of all time highs, changes and price drops for Letshego Holdings (Namibia)
Historical stock prices
Current Share Price	R5.00
52 Week High	R5.00
52 Week Low	R3.89
Beta	0.086
11 Month Change	0%
3 Month Change	9.65%
1 Year Change	27.88%
33 Year Change	153.81%
5 Year Change	51.52%
Change since IPO	23.46%

Recent updates

Shareholder Returns

	LHN	NA Consumer Finance	NA Market
7D	0%	-2.7%	0.09%
1Y	27.9%	9.0%	1.3%

Return vs Industry: LHN exceeded the NA Consumer Finance industry which returned 9% over the past year.

Return vs Market: LHN exceeded the NA Market which returned 1.3% 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	4.6%
10% most volatile stocks in NA Market	9.2%
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)	R785.90m

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

Does LHN pay a reliable dividends?

See LHN dividend history and benchmarks

When do you need to buy LHN by to receive an upcoming dividend?
Letshego Holdings (Namibia) dividend dates
Ex Dividend Date	Nov 04 2024
Dividend Pay Date	Nov 22 2024
Days until Ex dividend	18 days
Days until Dividend pay date	0 days

Does LHN pay a reliable dividends?

See LHN dividend history and benchmarks

LHN Stock Overview

Rewards

Risk Analysis

Letshego Holdings (Namibia) Limited Competitors

BMV:FINDEP *

Mex$2.5b

KOSDAQ:A023760

₩176.7b

SEHK:2003

HK$943.0m

SET:ASK

฿5.6b

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%