Letshego Holdings (Namibia) Limited, through with its subsidiaries, provides banking and other financial services to government employees, low and middle income earners, and micro and small entrepreneurs in Namibia.
Price History & Performance
|Historical stock prices|
|Current Share Price||R2.00|
|52 Week High||R1.45|
|52 Week Low||R2.40|
|1 Month Change||0%|
|3 Month Change||14.94%|
|1 Year Change||-24.81%|
|3 Year Change||-49.24%|
|5 Year Change||n/a|
|Change since IPO||-50.62%|
Recent News & Updates
|LHN||NA Consumer Finance||NA Market|
Return vs Industry: LHN underperformed the NA Consumer Finance industry which returned 65.5% over the past year.
Return vs Market: LHN underperformed the NA Market which returned -3% over the past year.
Stable Share Price: Insufficient data to determine LHN's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine LHN's volatility change over the past year.
About the Company
Letshego Holdings (Namibia) Limited, through with its subsidiaries, provides banking and other financial services to government employees, low and middle income earners, and micro and small entrepreneurs in Namibia. The company also provides short term and long term loans; and micro-lending services. It operates through a network of 3 branches and 13 access points.
Letshego Holdings (Namibia) Fundamentals Summary
|LHN fundamental statistics|
Is LHN overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|LHN income statement (TTM)|
|Cost of Revenue||N$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.71|
|Net Profit Margin||48.17%|
How did LHN perform over the long term?See historical performance and comparison
11.3%Current Dividend Yield
Is Letshego Holdings (Namibia) undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: LHN (ZAR2) is trading below our estimate of fair value (ZAR2.48)
Significantly Below Fair Value: LHN is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: LHN is good value based on its PE Ratio (2.8x) compared to the African Consumer Finance industry average (32.6x).
PE vs Market: LHN is good value based on its PE Ratio (2.8x) compared to the NA market (7.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate LHN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: LHN is good value based on its PB Ratio (0.4x) compared to the XF Consumer Finance industry average (1.5x).
How is Letshego Holdings (Namibia) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Diversified Financials 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 Letshego Holdings (Namibia) 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.
How has Letshego Holdings (Namibia) performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LHN has high quality earnings.
Growing Profit Margin: LHN's current net profit margins (48.2%) are lower than last year (51.4%).
Past Earnings Growth Analysis
Earnings Trend: LHN's earnings have declined by 4% per year over the past 5 years.
Accelerating Growth: LHN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: LHN had negative earnings growth (-2.6%) over the past year, making it difficult to compare to the Consumer Finance industry average (-50.8%).
Return on Equity
High ROE: LHN's Return on Equity (13.4%) is considered low.
How is Letshego Holdings (Namibia)'s financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: LHN's Assets to Equity ratio (1.7x) is low.
Allowance for Bad Loans: LHN has a low allowance for bad loans (28%).
Low Risk Liabilities: 83% of LHN's liabilities are made up of primarily higher risk sources of funding.
Loan Level: LHN has an appropriate level of Loans to Assets ratio (87%).
Low Risk Deposits: LHN's Loans to Deposits ratio (1288%) is high.
Level of Bad Loans: LHN has a high level of bad loans (6.9%).
What is Letshego Holdings (Namibia) current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: LHN's dividend (11.25%) is higher than the bottom 25% of dividend payers in the NA market (3.29%).
High Dividend: LHN's dividend (11.25%) is in the top 25% of dividend payers in the NA market (7.88%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, LHN has been paying a dividend for less than 10 years.
Growing Dividend: LHN's dividend payments have increased, but the company has only paid a dividend for 4 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (31.8%), LHN'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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Dumisani Ndebele (55 yo)
Mr. Dumiasni Ndebele served as Group Chief Executive Officer & Director of Letshego Holdings Ltd. since January 30, 2020 and served as its Interim Chief Executive Officer since March 27, 2019 until 2019. H...
Experienced Management: LHN's management team is considered experienced (2.6 years average tenure).
Experienced Board: LHN's board of directors are considered experienced (5.7 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Letshego Holdings (Namibia) Limited's employee growth, exchange listings and data sources
- Name: Letshego Holdings (Namibia) Limited
- Ticker: LHN
- Exchange: NMSE
- Founded: 1997
- Industry: Consumer Finance
- Sector: Diversified Financials
- Market Cap: R1.000b
- Shares outstanding: 500.00m
- Website: https://www.letshego.com/namibia
Number of Employees
- Letshego Holdings (Namibia) Limited
- 18 Schwerinsburg Street
- PO Box 11600
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/20 17:03|
|End of Day Share Price||2021/10/15 00:00|
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.