Tanzania Breweries Past Earnings Performance

Past criteria checks 1/6

Tanzania Breweries's earnings have been declining at an average annual rate of -0.4%, while the Beverage industry saw earnings growing at 9.9% annually. Revenues have been growing at an average rate of 5.8% per year. Tanzania Breweries's return on equity is 14.2%, and it has net margins of 9.6%.

Key information

-0.4%

Earnings growth rate

-0.3%

EPS growth rate

Beverage Industry Growth	11.1%
Revenue growth rate	5.8%
Return on equity	14.2%
Net Margin	9.6%
Last Earnings Update	30 Jun 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Tanzania Breweries makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

DAR:TBL Revenue, expenses and earnings (TZS Millions)
Date	Revenue	Earnings	G+A Expenses
30 Jun 24	987,314	94,544	190,268
31 Mar 24	945,751	117,816	187,168
31 Dec 23	921,009	128,790	191,072
30 Jun 23	896,844	151,237	237,153
31 Mar 23	855,874	140,343	241,230
31 Dec 22	840,711	143,605	213,219
31 Dec 21	748,919	129,085	185,825
31 Dec 20	706,245	79,806	192,301
30 Sep 20	707,237	97,821	184,991
30 Jun 20	708,229	115,836	177,681
31 Mar 20	730,462	129,748	173,314
31 Dec 19	752,694	143,660	168,946
30 Sep 19	761,677	139,546	170,203
30 Jun 19	770,659	135,431	171,459
31 Mar 19	777,646	130,939	177,162
31 Dec 18	784,633	126,446	182,865
31 Dec 17	865,940	74,623	256,684
30 Sep 17	868,790	167,751	198,487
30 Jun 17	838,817	166,603	201,452
31 Mar 17	808,844	165,454	204,416
31 Dec 16	820,926	185,764	199,077
30 Sep 16	833,007	206,074	193,738
30 Jun 16	851,154	214,491	198,053
31 Mar 16	869,301	222,908	202,368
31 Dec 15	866,152	220,155	205,250
30 Sep 15	863,002	217,401	208,132
30 Jun 15	846,388	212,419	209,142
31 Mar 15	829,774	207,436	210,151
31 Dec 14	822,696	209,425	207,197
30 Sep 14	815,618	211,414	204,242
30 Jun 14	797,240	203,932	204,255
31 Mar 14	778,862	196,450	204,267
31 Dec 13	764,352	185,399	198,992

Quality Earnings: TBL has high quality earnings.

Growing Profit Margin: TBL's current net profit margins (9.6%) are lower than last year (16.9%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: TBL's earnings have declined by 0.4% per year over the past 5 years.

Accelerating Growth: TBL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: TBL had negative earnings growth (-37.5%) over the past year, making it difficult to compare to the Beverage industry average (23.3%).

Return on Equity

High ROE: TBL's Return on Equity (14.2%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/18 06:28
End of Day Share Price	2024/12/18 00:00
Earnings	2024/06/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Tanzania Breweries Public Limited Company is covered by 9 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Christopher Blaine	African Alliance
Erin Archer	Arqaam Capital Research Offshore S.A.L.
Ross Hindle	Avior Capital Markets