Chams Plc, together with its subsidiaries, provides identity management, payment collection, and transactional systems and solutions in Nigeria.
Price History & Performance
|Historical stock prices|
|Current Share Price||₦0.23|
|52 Week High||₦0.20|
|52 Week Low||₦0.33|
|1 Month Change||4.55%|
|3 Month Change||15.00%|
|1 Year Change||9.52%|
|3 Year Change||-4.17%|
|5 Year Change||-54.00%|
|Change since IPO||-92.01%|
Recent News & Updates
|CHAMS||NG Software||NG Market|
Return vs Industry: CHAMS underperformed the NG Software industry which returned 39.1% over the past year.
Return vs Market: CHAMS underperformed the NG Market which returned 39.8% over the past year.
Stable Share Price: CHAMS is more volatile than 90% of NG stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: CHAMS's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of NG stocks.
About the Company
Chams Plc, together with its subsidiaries, provides identity management, payment collection, and transactional systems and solutions in Nigeria. The company operates in three segments: Identity Management and Solutions; Payments, Collections and Transactional Systems; and ICT Training. The Identity Management and Solutions segment provides identification solutions for corporations, educational bodies, and government clients.
Chams Fundamentals Summary
|CHAMS fundamental statistics|
Is CHAMS overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CHAMS income statement (TTM)|
|Cost of Revenue||₦2.07b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.19|
|Net Profit Margin||-30.70%|
How did CHAMS perform over the long term?See historical performance and comparison
Is Chams 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: CHAMS (NGN0.23) is trading below our estimate of fair value (NGN10.18)
Significantly Below Fair Value: CHAMS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CHAMS is unprofitable, so we can't compare its PE Ratio to the African Software industry average.
PE vs Market: CHAMS 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 CHAMS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CHAMS is good value based on its PB Ratio (0.8x) compared to the XF Software industry average (1.2x).
How is Chams forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Software 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 Chams 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 Chams performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CHAMS is currently unprofitable.
Growing Profit Margin: CHAMS is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CHAMS is unprofitable, but has reduced losses over the past 5 years at a rate of 44.1% per year.
Accelerating Growth: Unable to compare CHAMS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CHAMS is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (13.7%).
Return on Equity
High ROE: CHAMS has a negative Return on Equity (-73.59%), as it is currently unprofitable.
How is Chams's financial position?
Financial Position Analysis
Short Term Liabilities: CHAMS's short term assets (NGN5.1B) do not cover its short term liabilities (NGN7.1B).
Long Term Liabilities: CHAMS has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: CHAMS's debt to equity ratio (95.5%) is considered high.
Reducing Debt: CHAMS's debt to equity ratio has increased from 5.5% to 95.5% over the past 5 years.
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 CHAMS has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: CHAMS is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 11.8% per year.
What is Chams's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CHAMS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CHAMS'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 CHAMS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CHAMS's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: CHAMS is not paying a notable dividend for the NG market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CHAMS's dividend in 3 years as they are not forecast to pay a notable one for the NG market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Gavin H. Young is Group Managing Director and Director of Chams Plc since 2019. Mr. Young is a seasoned Fintech professional with a proven track record in managing companies, subsidiaries of listed com...
Experienced Management: CHAMS's management team is considered experienced (3.5 years average tenure).
Experienced Board: CHAMS's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
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.
Chams Plc's employee growth, exchange listings and data sources
- Name: Chams Plc
- Ticker: CHAMS
- Exchange: NGSE
- Founded: 1985
- Industry: Systems Software
- Sector: Software
- Market Cap: ₦1.127b
- Shares outstanding: 4.70b
- Website: https://chamsplc.com
- Chams Plc
- 8, Louis Solomon Close
- off Ahmadu Bello Way
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/13 15:44|
|End of Day Share Price||2021/10/13 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.