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MKCB

Mkombozi Commercial BankDAR:MKCB Stock Report

Market Cap

TSh16.1b

7D

0%

1Y

n/a

Updated

21 Oct, 2021

Data

Company Financials
MKCB fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health4/6
Dividends0/6

MKCB Overview

Mkombozi Commercial Bank Plc provides banking and related services in Tanzania.

Price History & Performance

Summary of all time highs, changes and price drops for Mkombozi Commercial Bank
Historical stock prices
Current Share PriceTSh780.00
52 Week HighTSh780.00
52 Week LowTSh780.00
Beta-0.0022
1 Month Change0%
3 Month Changen/a
1 Year Changen/a
3 Year Changen/a
5 Year Change-23.53%
Change since IPO-48.00%

Recent News & Updates

Shareholder Returns

MKCBTZ BanksTZ Market
7D0%-2.7%-0.9%
1Yn/a24.5%3.7%

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

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

Price Volatility

Is MKCB's price volatile compared to industry and market?
MKCB volatility
MKCB Beta-0.0022
Industry Beta0.68
Market Beta1

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

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

About the Company

FoundedEmployeesCEOWebsite
2007164Respige Kimatihttps://www.mkombozibank.co.tz

Mkombozi Commercial Bank Plc provides banking and related services in Tanzania. It offers savings, current, and fixed deposit accounts. It operates through three segments: Treasury, Retail Banking, and Other.

Mkombozi Commercial Bank Fundamentals Summary

How do Mkombozi Commercial Bank's earnings and revenue compare to its market cap?
MKCB fundamental statistics
Market CapTSh16.08b
Earnings (TTM)TSh3.85b
Revenue (TTM)TSh19.86b

4.2x

P/E Ratio

0.8x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MKCB income statement (TTM)
RevenueTSh19.86b
Cost of RevenueTSh0
Gross ProfitTSh19.86b
ExpensesTSh16.01b
EarningsTSh3.85b

Last Reported Earnings

Dec 31, 2020

Next Earnings Date

n/a

Earnings per share (EPS)186.75
Gross Margin100.00%
Net Profit Margin19.39%
Debt/Equity Ratio0%

How did MKCB perform over the long term?

See historical performance and comparison

Valuation

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

4.18x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: MKCB is good value based on its PE Ratio (4.2x) compared to the TZ Banks industry average (4.3x).

PE vs Market: MKCB is good value based on its PE Ratio (4.2x) compared to the TZ market (10.8x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: MKCB's PB Ratio (0.8x) is in line with the TZ Banks industry average.


Future Growth

How is Mkombozi 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 Mkombozi 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 Mkombozi Commercial Bank performed over the past 5 years?

-36.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MKCB has high quality earnings.

Growing Profit Margin: MKCB became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: MKCB's earnings have declined by 36.4% per year over the past 5 years.

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

Earnings vs Industry: MKCB has become profitable in the last year, making it difficult to compare its past year earnings growth to the Banks industry (11%).


Return on Equity

High ROE: MKCB's Return on Equity (18.7%) is considered low.


Financial Health

How is Mkombozi 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: MKCB's Assets to Equity ratio (10.7x) is moderate.

Allowance for Bad Loans: MKCB has a low allowance for bad loans (39%).

Low Risk Liabilities: 97% of MKCB's liabilities are made up of primarily low risk sources of funding.

Loan Level: MKCB has an appropriate level of Loans to Assets ratio (53%).

Low Risk Deposits: MKCB's Loans to Deposits ratio (60%) is appropriate.

Level of Bad Loans: MKCB has a high level of bad loans (10.3%).


Dividend

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


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

Dividend Coverage: MKCB is not paying a notable dividend for the TZ market.


Future Payout to Shareholders

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

1.8yrs

Average management tenure


CEO

Respige Kimati (47 yo)

1.75yrs

Tenure

Mr. Respige Onesmo Kimati has been Managing Director and Director of Mkombozi Commercial Bank PLC since January 18, 2020. He is Chief Executive Officer at Mkombozi Commercial Bank Plc. Mr. Kimati has aboar...


Leadership Team

Experienced Management: MKCB's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: MKCB's board of directors are not considered experienced ( 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

Mkombozi Commercial Bank Plc's employee growth, exchange listings and data sources


Key Information

  • Name: Mkombozi Commercial Bank Plc
  • Ticker: MKCB
  • Exchange: DAR
  • Founded: 2007
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: TSh16.080b
  • Shares outstanding: 20.62m
  • Website: https://www.mkombozibank.co.tz

Number of Employees


Location

  • Mkombozi Commercial Bank Plc
  • Plot No. 40
  • Mansfield Street
  • 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 Analysis2021/10/21 15:00
End of Day Share Price2021/10/12 00:00
Earnings2020/12/31
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.