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NEL

National Enterprises TTSE:NEL Stock Report

Last Price

TT$3.00

Market Cap

TT$1.8b

7D

0%

1Y

0%

Updated

14 May, 2022

Data

Company Financials
NEL fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends0/6

NEL Stock Overview

National Enterprises Limited, an investment holding company, engages in natural gas and energy-based manufacturing, telecommunications, power generation, and basic foods manufacturing and marketing businesses in the Republic of Trinidad and Tobago.

National Enterprises Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for National Enterprises
Historical stock prices
Current Share PriceTT$3.00
52 Week HighTT$4.00
52 Week LowTT$2.80
Beta-0.16
1 Month Change0%
3 Month Change-7.69%
1 Year Change0%
3 Year Change-55.88%
5 Year Change-71.43%
Change since IPO-36.17%

Recent News & Updates

Shareholder Returns

NELTT Diversified FinancialTT Market
7D0%-2.6%0.3%
1Y0%17.5%11.0%

Return vs Industry: NEL underperformed the TT Diversified Financial industry which returned 17.6% over the past year.

Return vs Market: NEL underperformed the TT Market which returned 11% over the past year.

Price Volatility

Is NEL's price volatile compared to industry and market?
NEL volatility
NEL Average Weekly Movement3.0%
Diversified Financial Industry Average Movement5.0%
Market Average Movement3.6%
10% most volatile stocks in TT Market5.9%
10% least volatile stocks in TT Market1.9%

Stable Share Price: NEL is not significantly more volatile than the rest of TT stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: NEL's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1999n/an/ahttps://www.nel.co.tt

National Enterprises Limited, an investment holding company, engages in natural gas and energy-based manufacturing, telecommunications, power generation, and basic foods manufacturing and marketing businesses in the Republic of Trinidad and Tobago. It engages in flour milling, feed milling, and dry mixing activities. The company is also involved in the generation and distribution of power to industrial, commercial, and residential customers; aggregation, purchase, sale, transmission, and distribution of gas; development of liquefied natural gas; manufacture, sale, and export of anhydrous ammonia; and provision of telecommunications services, including mobile, fixed line, broadband, pay TV, security, and other related services.

National Enterprises Fundamentals Summary

How do National Enterprises's earnings and revenue compare to its market cap?
NEL fundamental statistics
Market CapTT$1.80b
Earnings (TTM)TT$681.27m
Revenue (TTM)TT$14.42m

2.6x

P/E Ratio

124.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NEL income statement (TTM)
RevenueTT$14.42m
Cost of RevenueTT$1.47m
Gross ProfitTT$12.95m
Other Expenses-TT$668.32m
EarningsTT$681.27m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)1.14
Gross Margin89.78%
Net Profit Margin4,724.47%
Debt/Equity Ratio0.0%

How did NEL perform over the long term?

See historical performance and comparison

Dividends

2.0%

Current Dividend Yield

n/a

Payout Ratio

Valuation

Is National Enterprises undervalued compared to its fair value and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


2.64x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate NEL's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate NEL's fair value for valuation analysis.


Price To Earnings Ratio

PE vs Industry: NEL is good value based on its PE Ratio (2.6x) compared to the South American Diversified Financial industry average (9.8x).

PE vs Market: NEL is good value based on its PE Ratio (2.6x) compared to the TT market (16.3x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: NEL is good value based on its PB Ratio (0.6x) compared to the XS Diversified Financial industry average (0.9x).


Future Growth

How is National Enterprises 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


-30.0%

Forecasted Diversified Financials 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 National Enterprises 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 National Enterprises performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


19.2%

Historical annual earnings growth

Earnings and Revenue History

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

Growing Profit Margin: NEL became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: NEL's earnings have grown by 19.2% per year over the past 5 years.

Accelerating Growth: NEL has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: NEL has become profitable in the last year, making it difficult to compare its past year earnings growth to the Diversified Financial industry (91.3%).


Return on Equity

High ROE: NEL's Return on Equity (22.1%) is considered high.


Financial Health

How is National Enterprises's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: NEL's short term assets (TTD124.8M) exceed its short term liabilities (TTD3.4M).

Long Term Liabilities: NEL has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: NEL is debt free.

Reducing Debt: NEL has no debt compared to 5 years ago when its debt to equity ratio was 0.05%.

Debt Coverage: NEL has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: NEL has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is National Enterprises's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


2.00%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: NEL's dividend (2%) isn’t notable compared to the bottom 25% of dividend payers in the TT market (2.61%).

High Dividend: NEL's dividend (2%) is low compared to the top 25% of dividend payers in the TT market (4.43%).


Stability and Growth of Payments

Stable Dividend: NEL's dividend payments have been volatile in the past 10 years.

Growing Dividend: NEL's dividend payments have fallen over the past 10 years.


Earnings Payout to Shareholders

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


Cash Payout to Shareholders

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


Next Steps

Management

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

6.3yrs

Average board tenure


CEO

National Enterprises has no CEO, or we have no data on them.


Board Members

Experienced Board: NEL's board of directors are considered experienced (6.3 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

National Enterprises Limited's employee growth, exchange listings and data sources


Key Information

  • Name: National Enterprises Limited
  • Ticker: NEL
  • Exchange: TTSE
  • Founded: 1999
  • Industry: Multi-Sector Holdings
  • Sector: Diversified Financials
  • Implied Market Cap: TT$1.800b
  • Shares outstanding: 600.00m
  • Website: https://www.nel.co.tt

Location

  • National Enterprises Limited
  • Tower D
  • International Waterfront Centre
  • Port of Spain
  • Trinidad & Tobago

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/14 00:00
End of Day Share Price2022/05/13 00:00
Earnings2021/12/31
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.