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TCC

Tanzania CigaretteDAR:TCC Stock Report

Market Cap

TSh1.7t

7D

0%

1Y

0%

Updated

25 Oct, 2021

Data

Company Financials
TCC fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends2/6

TCC Overview

Tanzania Cigarette Public Limited Company manufactures, distributes, markets, and sells cigarettes in the United Republic of Tanzania.

Tanzania Cigarette Competitors

British American Tobacco

LSE:BATS

UK£59.1b

Price History & Performance

Summary of all time highs, changes and price drops for Tanzania Cigarette
Historical stock prices
Current Share PriceTSh17,000.00
52 Week HighTSh17,000.00
52 Week LowTSh17,000.00
Beta0.056
1 Month Change0%
3 Month Change0%
1 Year Change0%
3 Year Change0%
5 Year Change45.30%
Change since IPO574.60%

Recent News & Updates

Shareholder Returns

TCCTZ TobaccoTZ Market
7D0%-0.9%-0.07%
1Y0%5.2%3.4%

Return vs Industry: TCC underperformed the TZ Tobacco industry which returned 5.7% over the past year.

Return vs Market: TCC underperformed the TZ Market which returned 3.6% over the past year.

Price Volatility

Is TCC's price volatile compared to industry and market?
TCC volatility
TCC Beta0.056
Industry Beta0.63
Market Beta1

Stable Share Price: TCC is less volatile than 75% of TZ stocks over the past 3 months, typically moving +/- 0% a week.

Volatility Over Time: TCC's weekly volatility (0%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1961417Alan Jacksonhttps://www.jti.com/africa/tanzania

Tanzania Cigarette Public Limited Company manufactures, distributes, markets, and sells cigarettes in the United Republic of Tanzania. It operates in two segments, Domestic Market and Export Market. The company sells its products under the Camel, Winston, LD, Club, Embassy, Portsman, Sweet Menthol, Safari, Monte Carlo, Gosso, and Crescent & Star brands.

Tanzania Cigarette Fundamentals Summary

How do Tanzania Cigarette's earnings and revenue compare to its market cap?
TCC fundamental statistics
Market CapTSh1.70t
Earnings (TTM)TSh35.92b
Revenue (TTM)TSh279.35b

Earnings & Revenue

Key profitability statistics from the latest earnings report
TCC income statement (TTM)
RevenueTSh279.35b
Cost of RevenueTSh128.62b
Gross ProfitTSh150.73b
ExpensesTSh114.81b
EarningsTSh35.92b

Last Reported Earnings

Dec 31, 2020

Next Earnings Date

n/a

Earnings per share (EPS)359.24
Gross Margin53.96%
Net Profit Margin12.86%
Debt/Equity Ratio0%

How did TCC perform over the long term?

See historical performance and comparison

Dividends

3.2%

Current Dividend Yield

153%

Payout Ratio

Valuation

Is Tanzania Cigarette undervalued compared to its fair value and its price relative to the market?

47.32x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: TCC (TZS17000) is trading above our estimate of fair value (TZS3275.59)

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


Price To Earnings Ratio

PE vs Industry: TCC is poor value based on its PE Ratio (47.3x) compared to the Global Tobacco industry average (16.3x).

PE vs Market: TCC is poor value based on its PE Ratio (47.3x) compared to the TZ market (10.8x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: TCC is overvalued based on its PB Ratio (9.9x) compared to the XX Tobacco industry average (3.6x).


Future Growth

How is Tanzania Cigarette forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

9.7%

Forecasted Food, Beverage & Tobacco 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 Tanzania Cigarette 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 Tanzania Cigarette performed over the past 5 years?

-9.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TCC has high quality earnings.

Growing Profit Margin: TCC's current net profit margins (12.9%) are lower than last year (16.5%).


Past Earnings Growth Analysis

Earnings Trend: TCC's earnings have declined by 9.9% per year over the past 5 years.

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

Earnings vs Industry: TCC had negative earnings growth (-29.9%) over the past year, making it difficult to compare to the Tobacco industry average (6.8%).


Return on Equity

High ROE: TCC's Return on Equity (20.9%) is considered high.


Financial Health

How is Tanzania Cigarette's financial position?


Financial Position Analysis

Short Term Liabilities: TCC's short term assets (TZS174.5B) exceed its short term liabilities (TZS77.9B).

Long Term Liabilities: TCC's short term assets (TZS174.5B) exceed its long term liabilities (TZS18.8B).


Debt to Equity History and Analysis

Debt Level: TCC is debt free.

Reducing Debt: TCC has not had any debt for past 5 years.

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

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


Balance Sheet


Dividend

What is Tanzania Cigarette current dividend yield, its reliability and sustainability?

3.24%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: TCC's dividend (3.24%) is higher than the bottom 25% of dividend payers in the TZ market (1.97%).

High Dividend: TCC's dividend (3.24%) is low compared to the top 25% of dividend payers in the TZ market (8.2%).


Stability and Growth of Payments

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

Growing Dividend: TCC's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (153.2%), TCC's dividend payments are not well 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?

3.9yrs

Average board tenure


CEO

Alan Jackson (44 yo)

no data

Tenure

Mr. Alan Jackson serves as Chief Executive Officer and General Manager at Tanzania Cigarette Public Limited Company. He joined the TCC Board of Directors on September 01, 2017. Mr. Jackson has 14 years tob...


Board Members

Experienced Board: TCC's board of directors are considered experienced (3.9 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

Tanzania Cigarette Public Limited Company's employee growth, exchange listings and data sources


Key Information

  • Name: Tanzania Cigarette Public Limited Company
  • Ticker: TCC
  • Exchange: DAR
  • Founded: 1961
  • Industry: Tobacco
  • Sector: Food, Beverage & Tobacco
  • Market Cap: TSh1.700t
  • Shares outstanding: 100.00m
  • Website: https://www.jti.com/africa/tanzania

Number of Employees


Location

  • Tanzania Cigarette Public Limited Company
  • Plot Number 20
  • Nyerere 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 21:39
End of Day Share Price2021/10/25 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.