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ETRA

eTranzact InternationalNGSE:ETRANZACT Stock Report

Market Cap

₦13.6b

7D

0%

1Y

18.5%

Updated

15 Oct, 2021

Data

Company Financials
ETRANZACT fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

ETRANZACT Overview

eTranzact International Plc provides electronic transaction switching and payment processing services in Nigeria.

Price History & Performance

Summary of all time highs, changes and price drops for eTranzact International
Historical stock prices
Current Share Price₦2.05
52 Week High₦1.73
52 Week Low₦2.50
Beta0.14
1 Month Change0%
3 Month Change-0.49%
1 Year Change18.50%
3 Year Change-48.10%
5 Year Change-55.91%
Change since IPO-61.25%

Recent News & Updates

Shareholder Returns

ETRANZACTNG ITNG Market
7D0%4.3%1.6%
1Y18.5%-16.1%40.1%

Return vs Industry: ETRANZACT exceeded the NG IT industry which returned -16.4% over the past year.

Return vs Market: ETRANZACT underperformed the NG Market which returned 40.6% over the past year.

Price Volatility

Is ETRANZACT's price volatile compared to industry and market?
ETRANZACT volatility
ETRANZACT Beta0.14
Industry Beta0.55
Market Beta1

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

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

About the Company

FoundedEmployeesCEOWebsite
2003229Niyi Toluwalopehttps://www.etranzact.com

eTranzact International Plc provides electronic transaction switching and payment processing services in Nigeria. It operates through Moblie Purchases; Other Commissions; and Maintenance and Support Services, Software Development and Others segments. The company offers PayOutlet, a solution that allows merchants to collect payments from customers through the branches of eTranzact member banks; BankIT, a payment application; PayOutlet.net, a way to pay bills, send, money, and top up mobile phones; WebConnect, a payment solution for direct payments with bank accounts; CorporatePay, which allows real time platform for bulk payments; PocketMoni, a mobile payment solution that offer digital wallets and method of payments; and SwitchIT validates, processes, and authorizes a secure transaction.

eTranzact International Fundamentals Summary

How do eTranzact International's earnings and revenue compare to its market cap?
ETRANZACT fundamental statistics
Market Cap₦13.60b
Earnings (TTM)-₦1.53b
Revenue (TTM)₦22.26b

0.6x

P/S Ratio

-8.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ETRANZACT income statement (TTM)
Revenue₦22.26b
Cost of Revenue₦20.54b
Gross Profit₦1.73b
Expenses₦3.26b
Earnings-₦1.53b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.23
Gross Margin7.77%
Net Profit Margin-6.87%
Debt/Equity Ratio19.7%

How did ETRANZACT perform over the long term?

See historical performance and comparison

Valuation

Is eTranzact International undervalued compared to its fair value and its price relative to the market?

6.74x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate ETRANZACT's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate ETRANZACT's fair value to establish if it is undervalued.


Price To Earnings Ratio

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

PE vs Market: ETRANZACT 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 ETRANZACT's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ETRANZACT is overvalued based on its PB Ratio (6.7x) compared to the XF IT industry average (1.8x).


Future Growth

How is eTranzact International forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

18.5%

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 eTranzact International 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 eTranzact International performed over the past 5 years?

-45.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ETRANZACT is currently unprofitable.

Growing Profit Margin: ETRANZACT is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ETRANZACT is unprofitable, and losses have increased over the past 5 years at a rate of 45.8% per year.

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

Earnings vs Industry: ETRANZACT is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (-3.7%).


Return on Equity

High ROE: ETRANZACT has a negative Return on Equity (-75.77%), as it is currently unprofitable.


Financial Health

How is eTranzact International's financial position?


Financial Position Analysis

Short Term Liabilities: ETRANZACT's short term assets (NGN9.0B) exceed its short term liabilities (NGN8.1B).

Long Term Liabilities: ETRANZACT's short term assets (NGN9.0B) exceed its long term liabilities (NGN505.0M).


Debt to Equity History and Analysis

Debt Level: ETRANZACT's debt to equity ratio (19.7%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if ETRANZACT's debt to equity ratio has reduced over the past 5 years.


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: ETRANZACT has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: ETRANZACT has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 35.5% each year


Dividend

What is eTranzact International current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate ETRANZACT'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 ETRANZACT's dividends per share have been stable in the past.

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


Current Payout to Shareholders

Dividend Coverage: ETRANZACT is not paying a notable dividend for the NG market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ETRANZACT'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?

4.9yrs

Average management tenure


CEO

Niyi Toluwalope

no data

Tenure

Mr. Niyi Awosope Toluwalope serves as Managing Director, Chief Executive Officer & Director at eTranzact International Plc. Mr. Toluwalope served as Chief Financial Officer of E - Tranzact International Pl...


Leadership Team

Experienced Management: ETRANZACT's management team is considered experienced (4.9 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 been substantially diluted in the past year, with total shares outstanding growing by 58%.


Top Shareholders

Company Information

eTranzact International Plc's employee growth, exchange listings and data sources


Key Information

  • Name: eTranzact International Plc
  • Ticker: ETRANZACT
  • Exchange: NGSE
  • Founded: 2003
  • Industry: Data Processing and Outsourced Services
  • Sector: Software
  • Market Cap: ₦13.601b
  • Shares outstanding: 6.63b
  • Website: https://www.etranzact.com

Number of Employees


Location

  • eTranzact International Plc
  • Fortune Towers
  • 4th and 5th Floor
  • Lagos
  • Nigeria

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/15 22:45
End of Day Share Price2021/10/15 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.