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MCB

Mwalimu Commercial BankDAR:MCB Stock Report

Market Cap

TSh30.9b

7D

0%

1Y

n/a

Updated

25 Oct, 2021

Data

Company Financials
MCB fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

MCB Overview

Mwalimu Commercial Bank PLC provides personal and business banking services in Tanzania.

Price History & Performance

Summary of all time highs, changes and price drops for Mwalimu Commercial Bank
Historical stock prices
Current Share PriceTSh500.00
52 Week HighTSh500.00
52 Week LowTSh500.00
Beta0.015
1 Month Change0%
3 Month Changen/a
1 Year Changen/a
3 Year Changen/a
5 Year Change-9.09%
Change since IPO-23.08%

Recent News & Updates

Shareholder Returns

MCBTZ BanksTZ Market
7D0%0%-0.07%
1Yn/a24.9%3.4%

Return vs Industry: Insufficient data to determine how MCB performed against the TZ Banks industry.

Return vs Market: Insufficient data to determine how MCB performed against the TZ Market.

Price Volatility

Is MCB's price volatile compared to industry and market?
MCB volatility
MCB Beta0.015
Industry Beta0.68
Market Beta1

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

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

About the Company

FoundedEmployeesCEOWebsite
201254Richard Makungwahttps://mwalimubank.co.tz

Mwalimu Commercial Bank PLC provides personal and business banking services in Tanzania. The company offers current, savings, foreign currency, and student accounts; and personal, advance salary, education, and insurance premium financing loans. It also provides money transfer, treasury, and insurance services.

Mwalimu Commercial Bank Fundamentals Summary

How do Mwalimu Commercial Bank's earnings and revenue compare to its market cap?
MCB fundamental statistics
Market CapTSh30.91b
Earnings (TTM)-TSh4.06b
Revenue (TTM)TSh2.16b

1.9x

P/B Ratio

14.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MCB income statement (TTM)
RevenueTSh2.16b
Cost of RevenueTSh0
Gross ProfitTSh2.16b
ExpensesTSh6.22b
Earnings-TSh4.06b

Last Reported Earnings

Mar 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-65.64
Gross Margin100.00%
Net Profit Margin-187.85%
Debt/Equity Ratio0.0%

How did MCB perform over the long term?

See historical performance and comparison

Valuation

Is Mwalimu Commercial Bank undervalued compared to its fair value and its price relative to the market?

1.88x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: MCB is unprofitable, so we can't compare its PE Ratio to the TZ Banks industry average.

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


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: MCB is overvalued based on its PB Ratio (1.9x) compared to the TZ Banks industry average (0.8x).


Future Growth

How is Mwalimu Commercial Bank forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

19.4%

Forecasted Banks 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 Mwalimu Commercial Bank 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 Mwalimu Commercial Bank performed over the past 5 years?

-6.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MCB is currently unprofitable.

Growing Profit Margin: MCB is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: MCB is unprofitable, and losses have increased over the past 5 years at a rate of 6.6% per year.

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

Earnings vs Industry: MCB is unprofitable, making it difficult to compare its past year earnings growth to the Banks industry (11%).


Return on Equity

High ROE: MCB has a negative Return on Equity (-24.66%), as it is currently unprofitable.


Financial Health

How is Mwalimu Commercial Bank's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: MCB's Assets to Equity ratio (2.6x) is low.

Allowance for Bad Loans: MCB has a low allowance for bad loans (85%).

Low Risk Liabilities: 90% of MCB's liabilities are made up of primarily low risk sources of funding.

Loan Level: MCB has an appropriate level of Loans to Assets ratio (77%).

Low Risk Deposits: MCB's Loans to Deposits ratio (138%) is high.

Level of Bad Loans: MCB has an appropriate level of bad loans (0.8%).


Dividend

What is Mwalimu Commercial Bank current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if MCB'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 MCB's dividend in 3 years as they are not forecast to pay a notable one for the TZ market.


Next Steps

Management

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

2.8yrs

Average management tenure


CEO

Richard Makungwa

2.75yrs

Tenure

Mr. Richard Louis Makungwa serves as Chief Executive Officer at Mwalimu Commercial Bank PLC since 2019.


Leadership Team

Experienced Management: MCB's management team is considered experienced (2.8 years average tenure).


Board Members

Experienced Board: MCB's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.


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

Mwalimu Commercial Bank PLC's employee growth, exchange listings and data sources


Key Information

  • Name: Mwalimu Commercial Bank PLC
  • Ticker: MCB
  • Exchange: DAR
  • Founded: 2012
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: TSh30.912b
  • Shares outstanding: 61.82m
  • Website: https://mwalimubank.co.tz

Number of Employees


Location

  • Mwalimu Commercial Bank PLC
  • Mlimani Tower-Mezzanine Floor
  • Sam Nujoma Road
  • Dar es Salaam
  • Tanzania

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/25 15:01
End of Day Share Price2021/08/13 00:00
Earnings2021/03/31
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.