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VOIC

Vegetable Oil Industries PLSE:VOIC Stock Report

Last Price

د.أ18.50

Market Cap

د.أ74.0m

7D

0%

1Y

4.9%

Updated

10 Aug, 2022

Data

Company Financials
VOIC fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance5/6
Financial Health3/6
Dividends1/6

VOIC Stock Overview

The Vegetable Oil Industries Co. Ltd. produces and sells vegetable ghee and oil products in Palestine.

Vegetable Oil Industries Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Vegetable Oil Industries
Historical stock prices
Current Share Priceد.أ18.50
52 Week Highد.أ18.90
52 Week Lowد.أ17.07
Beta-0.088
1 Month Change0%
3 Month Change-0.27%
1 Year Change4.88%
3 Year Change32.14%
5 Year Change67.72%
Change since IPO927.78%

Recent News & Updates

Shareholder Returns

VOICPS FoodPS Market
7D0%-0.3%0.5%
1Y4.9%-6.6%11.2%

Return vs Industry: VOIC exceeded the PS Food industry which returned -6.9% over the past year.

Return vs Market: VOIC underperformed the PS Market which returned 11.2% over the past year.

Price Volatility

Is VOIC's price volatile compared to industry and market?
VOIC volatility
VOIC Average Weekly Movementn/a
Food Industry Average Movement5.3%
Market Average Movement3.1%
10% most volatile stocks in PS Market6.1%
10% least volatile stocks in PS Market1.8%

Stable Share Price: Insufficient data to determine VOIC's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine VOIC's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
195370Ali Hijaouihttps://www.voic.ps

The Vegetable Oil Industries Co. Ltd. produces and sells vegetable ghee and oil products in Palestine. It offers palm, coconut, corn, soybean, and sunflower oils for cooking, frying, and salad dressing, as well as for use in pastries, sweets, and bakery products.

Vegetable Oil Industries Fundamentals Summary

How do Vegetable Oil Industries's earnings and revenue compare to its market cap?
VOIC fundamental statistics
Market Capد.أ74.00m
Earnings (TTM)د.أ13.17m
Revenue (TTM)د.أ9.29m

5.6x

P/E Ratio

8.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
VOIC income statement (TTM)
Revenueد.أ9.29m
Cost of Revenueد.أ6.81m
Gross Profitد.أ2.48m
Other Expenses-د.أ10.68m
Earningsد.أ13.17m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)3.29
Gross Margin26.71%
Net Profit Margin141.66%
Debt/Equity Ratio36.7%

How did VOIC perform over the long term?

See historical performance and comparison

Dividends

2.7%

Current Dividend Yield

15%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is VOIC undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for VOIC?

Other financial metrics that can be useful for relative valuation.

VOIC key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue10.2x
Enterprise Value/EBITDA69.6x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does VOIC's PE Ratio compare to its peers?

VOIC PE Ratio vs Peers
The above table shows the PE ratio for VOIC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average7.4x
PIIC Palestine Industrial Investment
7xn/aد.أ52.5m
AZIZA Palestine Poultry Company L.T.D
10.4xn/aد.أ39.0m
JCC Jerusalem Cigarette
6.3xn/aد.أ15.9m
OLFI Obour Land for Food IndustriesE
5.9x6.4%ج.م2.0b
VOIC Vegetable Oil Industries
5.6xn/aد.أ74.0m

Price-To-Earnings vs Peers: VOIC is good value based on its Price-To-Earnings Ratio (5.6x) compared to the peer average (7.4x).


Price to Earnings Ratio vs Industry

How does VOIC's PE Ratio compare vs other companies in the Asian Food Industry?

Price-To-Earnings vs Industry: VOIC is good value based on its Price-To-Earnings Ratio (5.6x) compared to the Asian Food industry average (17.4x)


Price to Earnings Ratio vs Fair Ratio

What is VOIC's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

VOIC PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio5.6x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate VOIC's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of VOIC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: VOIC (JOD18.5) is trading above our estimate of fair value (JOD6.63)

Significantly Below Fair Value: VOIC is trading above our estimate of fair value.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is Vegetable Oil Industries forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


23.0%

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 Vegetable Oil Industries 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.


Discover growth companies

Past Performance

How has Vegetable Oil Industries performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


11.8%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: VOIC has a high level of non-cash earnings.

Growing Profit Margin: VOIC's current net profit margins are higher than last year (93.1%).


Past Earnings Growth Analysis

Earnings Trend: VOIC's earnings have grown by 11.8% per year over the past 5 years.

Accelerating Growth: VOIC's earnings growth over the past year (84.8%) exceeds its 5-year average (11.8% per year).

Earnings vs Industry: VOIC earnings growth over the past year (84.8%) exceeded the Food industry 9.2%.


Return on Equity

High ROE: VOIC's Return on Equity (22.9%) is considered high.


Discover strong past performing companies

Financial Health

How is Vegetable Oil Industries's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: VOIC's short term assets (JOD7.1M) do not cover its short term liabilities (JOD10.0M).

Long Term Liabilities: VOIC's short term assets (JOD7.1M) do not cover its long term liabilities (JOD14.3M).


Debt to Equity History and Analysis

Debt Level: VOIC's net debt to equity ratio (36.2%) is considered satisfactory.

Reducing Debt: VOIC's debt to equity ratio has reduced from 51.1% to 36.7% over the past 5 years.

Debt Coverage: VOIC's debt is not well covered by operating cash flow (2%).

Interest Coverage: VOIC's interest payments on its debt are well covered by EBIT (5.8x coverage).


Balance Sheet


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Dividend

What is Vegetable Oil Industries's current dividend yield, its reliability and sustainability?

Dividend Score

1/6

Dividend Score 1/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


2.70%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: VOIC's dividend (2.7%) isn’t notable compared to the bottom 25% of dividend payers in the PS market (2.76%).

High Dividend: VOIC's dividend (2.7%) is low compared to the top 25% of dividend payers in the PS market (4.76%).


Stability and Growth of Payments

Stable Dividend: VOIC has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: VOIC's dividend payments have increased, but the company has only paid a dividend for 9 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (15.2%), VOIC's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: VOIC is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Management

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

د.أ97k

CEO Compensation


CEO

Ali Hijaoui

no data

Tenure

د.أ96,815

Compensation

Mr. Ali Saleh Hijaoui serves as Director General at The Vegetable Oil Industries Co. Ltd.


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

The Vegetable Oil Industries Co. Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: The Vegetable Oil Industries Co. Ltd.
  • Ticker: VOIC
  • Exchange: PLSE
  • Founded: 1953
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Implied Market Cap: د.أ74.000m
  • Shares outstanding: 4.00m
  • Website: https://www.voic.ps

Number of Employees


Location

  • The Vegetable Oil Industries Co. Ltd.
  • Eastern Industrial Area
  • Nablus
  • Palestinian Authority

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/10 00:00
End of Day Share Price2022/08/09 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.