YETU

Yetu Microfinance BankDAR:YETU Stock Report

Market Cap

TSh6.7b

7D

0%

1Y

n/a

Updated

17 Oct, 2021

Data

Company Financials
YETU fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends1/6

YETU Overview

Yetu Microfinance Bank PLC provides banking and financial products and services in Tanzania.

Price History & Performance

Summary of all time highs, changes and price drops for Yetu Microfinance Bank
Historical stock prices
Current Share PriceTSh550.00
52 Week HighTSh550.00
52 Week LowTSh550.00
Beta-0.022
1 Month Change0%
3 Month Changen/a
1 Year Changen/a
3 Year Changen/a
5 Year Change-8.33%
Change since IPO-8.33%

Recent News & Updates

Shareholder Returns

YETUTZ BanksTZ Market
7D0%-1.4%-0.3%
1Yn/a29.5%4.4%

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

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

Price Volatility

Is YETU's price volatile compared to industry and market?
YETU volatility
YETU Beta-0.022
Industry Beta0.68
Market Beta1

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

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

About the Company

FoundedEmployeesCEOWebsite
1997120Altemius Millingahttps://www.yetumfplc.co.tz

Yetu Microfinance Bank PLC provides banking and financial products and services in Tanzania. It offers bank accounts, loan services, ATM services, and motor vehicle insurance services, as well as mobile banking services. The company was formerly known as Yetu Microfinance PLC and changed its name to Yetu Microfinance Bank PLC in October 2014.

Yetu Microfinance Bank Fundamentals Summary

How do Yetu Microfinance Bank's earnings and revenue compare to its market cap?
YETU fundamental statistics
Market CapTSh6.66b
Earnings (TTM)-TSh146.26m
Revenue (TTM)TSh4.00b

0.8x

P/B Ratio

1.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
YETU income statement (TTM)
RevenueTSh4.00b
Cost of RevenueTSh0
Gross ProfitTSh4.00b
ExpensesTSh4.15b
Earnings-TSh146.26m

Last Reported Earnings

Sep 30, 2020

Next Earnings Date

n/a

Earnings per share (EPS)-12.07
Gross Margin100.00%
Net Profit Margin-3.65%
Debt/Equity Ratio83.1%

How did YETU perform over the long term?

See historical performance and comparison

Dividends

6.4%

Current Dividend Yield

n/a

Payout Ratio

Valuation

Is Yetu Microfinance Bank undervalued compared to its fair value and its price relative to the market?

0.79x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: YETU (TZS550) is trading above our estimate of fair value (TZS53.43)

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


Price To Earnings Ratio

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

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


Price to Book Ratio

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


Future Growth

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

19.2%

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 Yetu Microfinance 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 Yetu Microfinance Bank performed over the past 5 years?

-119.1%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: YETU is currently unprofitable.

Growing Profit Margin: YETU is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if YETU's year-on-year earnings growth rate was positive over the past 5 years.

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

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


Return on Equity

High ROE: YETU has a negative Return on Equity (-1.74%), as it is currently unprofitable.


Financial Health

How is Yetu Microfinance 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: YETU's Assets to Equity ratio (2.3x) is low.

Allowance for Bad Loans: YETU has a sufficient allowance for bad loans (113%).

Low Risk Liabilities: 70% of YETU's liabilities are made up of primarily higher risk sources of funding.

Loan Level: YETU has an appropriate level of Loans to Assets ratio (67%).

Low Risk Deposits: YETU's Loans to Deposits ratio (393%) is high.

Level of Bad Loans: YETU has a high level of bad loans (5.1%).


Dividend

What is Yetu Microfinance Bank current dividend yield, its reliability and sustainability?

6.36%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: YETU's dividend (6.36%) is higher than the bottom 25% of dividend payers in the TZ market (1.97%).

High Dividend: YETU's dividend (6.36%) is low compared to the top 25% of dividend payers in the TZ market (8.2%).


Stability and Growth of Payments

Stable Dividend: Too early to tell whether YETU's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if YETU's dividend payments are increasing as they only just started paying a dividend.


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: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

4.7yrs

Average board tenure


CEO

Altemius Millinga (59 yo)

no data

Tenure

Mr. Altemius Ambros Millinga serves as Chief Executive Officer of Yetu Microfinance Bank PLC (formerly known as Yetu Microfinance PLC) and has been its In-Charge since 1998. Mr. Millinga served as Managing...


Board Members

Experienced Board: YETU's board of directors are considered experienced (4.7 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

Yetu Microfinance Bank PLC's employee growth, exchange listings and data sources


Key Information

  • Name: Yetu Microfinance Bank PLC
  • Ticker: YETU
  • Exchange: DAR
  • Founded: 1997
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: TSh6.662b
  • Shares outstanding: 12.11m
  • Website: https://www.yetumfplc.co.tz

Number of Employees


Location

  • Yetu Microfinance Bank PLC
  • Mkunazini Building
  • 2nd Floor
  • 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 Analysis2021/10/17 15:01
End of Day Share Price2021/10/15 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.