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TCCL

Tanga CementDAR:TCCL Stock Report

Market Cap

TSh31.5b

7D

0%

1Y

0%

Updated

18 Oct, 2021

Data

Company Financials +
TCCL fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
Dividends0/6

TCCL Overview

Tanga Cement Public Limited Company manufactures, distributes, and sells cement and clinker under the Simba Cement brand name in Tanzania, Rwanda, and Burundi.

Price History & Performance

Summary of all time highs, changes and price drops for Tanga Cement
Historical stock prices
Current Share PriceTSh500.00
52 Week HighTSh390.00
52 Week LowTSh535.00
Beta0
1 Month Change-6.54%
3 Month Change4.17%
1 Year Change0%
3 Year Change-28.57%
5 Year Change-73.12%
Change since IPO-75.73%

Recent News & Updates

Shareholder Returns

TCCLTZ Basic MaterialsTZ Market
7D0%1.0%-0.3%
1Y0%65.2%4.4%

Return vs Industry: TCCL underperformed the TZ Basic Materials industry which returned 65.2% over the past year.

Return vs Market: TCCL underperformed the TZ Market which returned 4.4% over the past year.

Price Volatility

Is TCCL's price volatile compared to industry and market?
TCCL volatility
TCCL Beta0
Industry Beta0.51
Market Beta1

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

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

About the Company

FoundedEmployeesCEOWebsite
1978n/aRob Wesselshttps://www.simbacement.co.tz

Tanga Cement Public Limited Company manufactures, distributes, and sells cement and clinker under the Simba Cement brand name in Tanzania, Rwanda, and Burundi. The company offers Portland limestone cement with limestone extenders, which is used in constructions, such as structures, and structural and nonstructural cast constructions; reinforced concrete for foundations, columns, beams, slabs, girdles, bearing walls, etc.; precast elements made of normal and reinforced concrete; concrete for repairs in civil and industrial works, fillings, and coatings of reinforced and non-reinforced elements; and floor screeds and mortars, as well as mining infrastructure and shafts. It also provides Portland composite cement with Pozzolana extenders that is used in constructions comprising structural and non-structural cast, foundations, columns, beams, walls, girdles, paving blocks, roadside kerbs, interlocking pavement slabs, bricks, etc.; elements made of normal and reinforced concrete; water reservoirs; and mortars for filling the joints, as well as mortar for special flooring applications.

Tanga Cement Fundamentals Summary

How do Tanga Cement's earnings and revenue compare to its market cap?
TCCL fundamental statistics
Market CapTSh31.48b
Earnings (TTM)-TSh19.70b
Revenue (TTM)TSh213.67b

0x

P/S Ratio

0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TCCL income statement (TTM)
RevenueTSh213.67b
Cost of RevenueTSh158.10b
Gross ProfitTSh55.57b
ExpensesTSh75.27b
Earnings-TSh19.70b

Last Reported Earnings

Jun 30, 2019

Next Earnings Date

n/a

Earnings per share (EPS)0
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did TCCL perform over the long term?

See historical performance and comparison

Valuation

Is Tanga Cement undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: TCCL (TZS500) is trading below our estimate of fair value (TZS2428.78)

Significantly Below Fair Value: TCCL is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: Insufficient data to calculate TCCL's PE Ratio to determine if it is good value compared to the African Basic Materials industry average.

PE vs Market: Insufficient data to calculate TCCL's PE Ratio to determine if it is good value compared to the TZ market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: Insufficient data to calculate TCCL's PB Ratio to determine if it is good value.


Future Growth

How is Tanga Cement forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

6.8%

Forecasted Materials industry annual growth in earnings


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if TCCL's forecast earnings growth is above the savings rate (9.1%).

Earnings vs Market: Insufficient data to determine if TCCL's earnings are forecast to grow faster than the TZ market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if TCCL's revenue is forecast to grow faster than the TZ market.

High Growth Revenue: Insufficient data to determine if TCCL's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: TCCL is forecast to be unprofitable in 3 years.


Past Performance

How has Tanga Cement performed over the past 5 years?

7.9%

Historical Materials annual earnings growth


Earnings and Revenue History

Quality Earnings: Insufficient data to determine if TCCL has high quality earnings.

Growing Profit Margin: Insufficient data to determine if TCCL's profit margins have improved over the past year.


Past Earnings Growth Analysis

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

Accelerating Growth: Insufficient data to compare TCCL's past year earnings growth to its 5-year average.

Earnings vs Industry: Insufficient data to determine if TCCL's earnings growth over the past year exceeded the Basic Materials industry average.


Return on Equity

High ROE: TCCL has a negative Return on Equity (0%), as it is currently unprofitable.


Financial Health

How is Tanga Cement's financial position?


In this section we usually analyse Tanga Cement's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. Tanga Cement has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.


Dividend

What is Tanga Cement current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

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


Future Payout to Shareholders

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

Rob Wessels (47 yo)

no data

Tenure

Mr. Robert J. Wessels, also known as Rob, CFA, serves as Acting Chief Executive Officer at Tanga Cement Public Limited Company and has been its Director since March 20, 2017. Mr. Wessels served as Joint He...


Leadership Team

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


Board Members

Experienced Board: TCCL's board of directors are considered experienced (6.6 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

Tanga Cement Public Limited Company's employee growth, exchange listings and data sources


Key Information

  • Name: Tanga Cement Public Limited Company
  • Ticker: TCCL
  • Exchange: DAR
  • Founded: 1978
  • Industry: Construction Materials
  • Sector: Materials
  • Market Cap: TSh31.484b
  • Shares outstanding: 62.97m
  • Website: https://www.simbacement.co.tz

Number of Employees


Location

  • Tanga Cement Public Limited Company
  • Korogwe Road
  • Pongwe Factory Area
  • Tanga
  • Tanzania

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/18 15:01
End of Day Share Price2021/10/15 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.