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GOLD

Golden Guinea BreweriesNGSE:GOLDBREW Stock Report

Market Cap

₦812.7m

7D

0%

1Y

0%

Updated

14 Oct, 2021

Data

Company Financials
GOLDBREW fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

GOLDBREW Overview

Golden Guinea Breweries Plc engages in the brewing, packaging, marketing, and distribution of lager beer, malta, and stout in Nigeria.

Price History & Performance

Summary of all time highs, changes and price drops for Golden Guinea Breweries
Historical stock prices
Current Share Price₦0.81
52 Week High₦0
52 Week Low₦0
Beta0.057
1 Month Change0%
3 Month Change0%
1 Year Change0%
3 Year Change-8.99%
5 Year Change-4.71%
Change since IPO-35.71%

Recent News & Updates

Shareholder Returns

GOLDBREWNG BeverageNG Market
7D0%-2.1%0.9%
1Y0%3.7%40.6%

Return vs Industry: GOLDBREW underperformed the NG Beverage industry which returned 3.5% over the past year.

Return vs Market: GOLDBREW underperformed the NG Market which returned 40.4% over the past year.

Price Volatility

Is GOLDBREW's price volatile compared to industry and market?
GOLDBREW volatility
GOLDBREW Beta0.057
Industry Beta0.68
Market Beta1

Stable Share Price: GOLDBREW is less volatile than 75% of NG stocks over the past 3 months, typically moving +/- 0% a week.

Volatility Over Time: GOLDBREW's weekly volatility (0%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1962n/aIfeanyi Idika

Golden Guinea Breweries Plc engages in the brewing, packaging, marketing, and distribution of lager beer, malta, and stout in Nigeria. The company was incorporated 1962 and is based in Umuahia, Nigeria. Golden Guinea Breweries Plc is a subsidiary of Pan Marine Investments Limited.

Golden Guinea Breweries Fundamentals Summary

How do Golden Guinea Breweries's earnings and revenue compare to its market cap?
GOLDBREW fundamental statistics
Market Cap₦812.71m
Earnings (TTM)-₦225.88m
Revenue (TTM)₦1.46b

0.6x

P/S Ratio

-3.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
GOLDBREW income statement (TTM)
Revenue₦1.46b
Cost of Revenue₦1.43b
Gross Profit₦34.45m
Expenses₦260.33m
Earnings-₦225.88m

Last Reported Earnings

Mar 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.23
Gross Margin2.35%
Net Profit Margin-15.44%
Debt/Equity Ratio0.0%

How did GOLDBREW perform over the long term?

See historical performance and comparison

Valuation

Is Golden Guinea Breweries undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: GOLDBREW (NGN0.81) is trading below our estimate of fair value (NGN1.95)

Significantly Below Fair Value: GOLDBREW is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: GOLDBREW is unprofitable, so we can't compare its PE Ratio to the African Beverage industry average.

PE vs Market: GOLDBREW is unprofitable, so we can't compare its PE Ratio to the NG market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: GOLDBREW is good value based on its PB Ratio (0.3x) compared to the NG Beverage industry average (0.8x).


Future Growth

How is Golden Guinea Breweries forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

21.4%

Forecasted Food, Beverage & Tobacco 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 Golden Guinea Breweries 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 Golden Guinea Breweries performed over the past 5 years?

-64.5%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: GOLDBREW is currently unprofitable.

Growing Profit Margin: GOLDBREW is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if GOLDBREW's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Unable to compare GOLDBREW's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: GOLDBREW is unprofitable, making it difficult to compare its past year earnings growth to the Beverage industry (19.7%).


Return on Equity

High ROE: GOLDBREW has a negative Return on Equity (-9.05%), as it is currently unprofitable.


Financial Health

How is Golden Guinea Breweries's financial position?


Financial Position Analysis

Short Term Liabilities: GOLDBREW's short term assets (NGN537.5M) do not cover its short term liabilities (NGN2.4B).

Long Term Liabilities: GOLDBREW's short term assets (NGN537.5M) do not cover its long term liabilities (NGN-25.3M).


Debt to Equity History and Analysis

Debt Level: GOLDBREW is debt free.

Reducing Debt: GOLDBREW had no debt 5 years ago.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable GOLDBREW has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: GOLDBREW is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 61.1% per year.


Dividend

What is Golden Guinea Breweries's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate GOLDBREW's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate GOLDBREW's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if GOLDBREW's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if GOLDBREW's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of GOLDBREW's dividend in 3 years as they are not forecast to pay a notable one for the NG market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.2yrs

Average board tenure


CEO

Ifeanyi Idika

no data

Tenure

Mr. Ifeanyi G. Idika is Chief Executive Officer, Managing Director and Director at Golden Guinea Breweries Plc.


Board Members

Experienced Board: GOLDBREW's board of directors are considered experienced (4.2 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

Golden Guinea Breweries Plc's employee growth, exchange listings and data sources


Key Information

  • Name: Golden Guinea Breweries Plc
  • Ticker: GOLDBREW
  • Exchange: NGSE
  • Founded: 1962
  • Industry: Brewers
  • Sector: Food, Beverage & Tobacco
  • Market Cap: ₦812.709m
  • Shares outstanding: 1.00b

Location

  • Golden Guinea Breweries Plc
  • Aba Road
  • Afara Layout
  • Umuahia
  • 7031
  • Nigeria

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/14 21:24
End of Day Share Price2021/10/14 00:00
Earnings2021/03/31
Annual Earnings2021/03/31


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.