| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 5/6 |
| Financial Health | 5/6 |
| Dividends | 1/6 |
CUTIX Overview
Cutix Plc manufactures, markets, and sells electrical, automobile, and telecommunication wires, cables, and related products primarily in Nigeria.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₦6.05 |
| 52 Week High | ₦1.53 |
| 52 Week Low | ₦6.40 |
| Beta | -0.35 |
| 1 Month Change | 30.11% |
| 3 Month Change | 25.78% |
| 1 Year Change | 218.42% |
| 3 Year Change | 198.03% |
| 5 Year Change | 540.21% |
| Change since IPO | 5,350.50% |
Recent News & Updates
Shareholder Returns
| CUTIX | NG Electrical | NG Market | |
|---|---|---|---|
| 7D | 21.0% | -0.9% | 1.5% |
| 1Y | 218.4% | 15.9% | 40.2% |
Return vs Industry: CUTIX exceeded the NG Electrical industry which returned 15.9% over the past year.
Return vs Market: CUTIX exceeded the NG Market which returned 40.2% over the past year.
Price Volatility
| CUTIX volatility | |
|---|---|
| CUTIX Beta | -0.35 |
| Industry Beta | 0.53 |
| Market Beta | 1 |
Stable Share Price: CUTIX is more volatile than 75% of NG stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: CUTIX's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of NG stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1982 | 244 | Ijeoma Oduonye | https://www.cutixplc.com.ng |
Cutix Plc manufactures, markets, and sells electrical, automobile, and telecommunication wires, cables, and related products primarily in Nigeria. The company offers polyvinyl chloride (PVC) insulated and sheathed house wiring cables for the conduit and surface wiring of houses, offices, and factories; armored and non-armored cables for electricity supply in low voltage installation systems; solar cables for solar power installations; and flexible and round cables for domestic and light industrial wiring applications. It also provides all aluminum conductors for high and low voltage power distribution; aluminum drop wires and 4-core twist cables for power supply applications; aluminum conductors steel reinforced cables and wires for long span transmission; aluminum service cables for connecting homes and low-tension public power lines; and low and high voltage automotive wires and cables for wiring applications in automobile, marine, and agricultural applications.
Cutix Fundamentals Summary
| CUTIX fundamental statistics | |
|---|---|
| Market Cap | ₦11.27b |
| Earnings (TTM) | ₦600.60m |
| Revenue (TTM) | ₦7.12b |
17.7x
P/E Ratio1.5x
P/S RatioIs CUTIX overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CUTIX income statement (TTM) | |
|---|---|
| Revenue | ₦7.12b |
| Cost of Revenue | ₦5.32b |
| Gross Profit | ₦1.80b |
| Expenses | ₦1.20b |
| Earnings | ₦600.60m |
Last Reported Earnings
Jul 31, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.34 |
| Gross Margin | 25.33% |
| Net Profit Margin | 8.43% |
| Debt/Equity Ratio | 50.3% |
How did CUTIX perform over the long term?
See historical performance and comparisonDividends
2.5%
Current Dividend Yield44%
Payout RatioDoes CUTIX pay a reliable dividends?
See CUTIX dividend history and benchmarks| Cutix dividend dates | |
|---|---|
| Ex Dividend Date | Nov 15 2021 |
| Dividend Pay Date | Nov 29 2021 |
| Days until Ex dividend | 19 days |
| Days until Dividend pay date | 33 days |
Does CUTIX pay a reliable dividends?
See CUTIX dividend history and benchmarksValuation
Is Cutix undervalued compared to its fair value and its price relative to the market?
17.74x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: CUTIX (NGN6.05) is trading above our estimate of fair value (NGN1.23)
Significantly Below Fair Value: CUTIX is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CUTIX is poor value based on its PE Ratio (17.7x) compared to the African Electrical industry average (14.2x).
PE vs Market: CUTIX is poor value based on its PE Ratio (17.7x) compared to the NG market (7.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CUTIX's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CUTIX is overvalued based on its PB Ratio (4.5x) compared to the XF Electrical industry average (1.1x).
Future Growth
How is Cutix forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
24.8%
Forecasted Capital Goods 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 Cutix 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 Cutix performed over the past 5 years?
15.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CUTIX has high quality earnings.
Growing Profit Margin: CUTIX's current net profit margins (8.4%) are higher than last year (8.2%).
Past Earnings Growth Analysis
Earnings Trend: CUTIX's earnings have grown by 15.8% per year over the past 5 years.
Accelerating Growth: CUTIX's earnings growth over the past year (40%) exceeds its 5-year average (15.8% per year).
Earnings vs Industry: CUTIX earnings growth over the past year (40%) underperformed the Electrical industry 40%.
Return on Equity
High ROE: CUTIX's Return on Equity (25.5%) is considered high.
Financial Health
How is Cutix's financial position?
Financial Position Analysis
Short Term Liabilities: CUTIX's short term assets (NGN4.1B) exceed its short term liabilities (NGN2.5B).
Long Term Liabilities: CUTIX's short term assets (NGN4.1B) exceed its long term liabilities (NGN200.8M).
Debt to Equity History and Analysis
Debt Level: CUTIX's debt to equity ratio (50.3%) is considered high.
Reducing Debt: CUTIX's debt to equity ratio has reduced from 65.2% to 50.3% over the past 5 years.
Debt Coverage: CUTIX's debt is well covered by operating cash flow (30.6%).
Interest Coverage: CUTIX's interest payments on its debt are well covered by EBIT (5.8x coverage).
Balance Sheet
Dividend
What is Cutix current dividend yield, its reliability and sustainability?
2.48%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: CUTIX's dividend (2.48%) isn’t notable compared to the bottom 25% of dividend payers in the NG market (3.4%).
High Dividend: CUTIX's dividend (2.48%) is low compared to the top 25% of dividend payers in the NG market (7.31%).
Stability and Growth of Payments
Stable Dividend: CUTIX has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: CUTIX's dividend payments have increased, but the company has only paid a dividend for 7 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (44%), CUTIX'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?
8.8yrs
Average management tenure
CEO
Ijeoma Oduonye
2.92yrs
Tenure
Mrs. Ijeoma Agnes Oduonye serves as Executive Director in October 2018 and Chief Executive Officer in November 1, 2018 at Cutix Plc. Mrs. Oduonye served as Company Secretary of Cutix Plc 1992. Mrs. Oduonye...
Leadership Team
Experienced Management: CUTIX's management team is seasoned and experienced (8.8 years average tenure).
Board Members
Experienced Board: CUTIX's board of directors are considered experienced (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
Cutix Plc's employee growth, exchange listings and data sources
Key Information
- Name: Cutix Plc
- Ticker: CUTIX
- Exchange: NGSE
- Founded: 1982
- Industry: Electrical Components and Equipment
- Sector: Capital Goods
- Market Cap: ₦11.272b
- Shares outstanding: 1.76b
- Website: https://www.cutixplc.com.ng
Number of Employees
Location
- Cutix Plc
- 17, Osita Onyejianya Street
- Umuanuka
- Otolo
- Nigeria
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/26 16:19 |
| End of Day Share Price | 2021/10/26 00:00 |
| Earnings | 2021/07/31 |
| Annual Earnings | 2021/04/30 |
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.