TOL Gases Limited produces and distributes industrial gases, medical gases, and related accessories in Tanzania.
Price History & Performance
|Historical stock prices|
|Current Share Price||TSh530.00|
|52 Week High||TSh500.00|
|52 Week Low||TSh560.00|
|1 Month Change||0%|
|3 Month Change||n/a|
|1 Year Change||n/a|
|3 Year Change||-19.70%|
|5 Year Change||-33.75%|
|Change since IPO||165.00%|
Recent News & Updates
|TOL||TZ Chemicals||TZ Market|
Return vs Industry: Insufficient data to determine how TOL performed against the TZ Chemicals industry.
Return vs Market: Insufficient data to determine how TOL performed against the TZ Market.
Stable Share Price: Insufficient data to determine TOL's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine TOL's volatility change over the past year.
About the Company
TOL Gases Limited produces and distributes industrial gases, medical gases, and related accessories in Tanzania. Its gas products include ammonia, compressed carbon dioxide, dry ice, nitrous oxide, argon, argoshield, acetylene, helium, nitrogen, industrial oxygen, medical oxygen, hydrogen, and medical/compressed air. The company also offers gas welding and cutting products, such as welding equipment, welding automation products, and spare parts; arc welding equipment, consisting of earth clamps, electrode holders, gouging carbons, mask LCD eclipses, mig wires, tig torches, and welding electrodes; PPE and workwear products, including welding gloves, coveralls, and jacket class whites; and medical equipment comprising flow meter, hose nipple chrom, medical regulator, nut chrom, and smart bag child products.
TOL Gases Fundamentals Summary
|TOL fundamental statistics|
Is TOL overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|TOL income statement (TTM)|
|Cost of Revenue||TSh11.37b|
Last Reported Earnings
Dec 31, 2020
Next Earnings Date
|Earnings per share (EPS)||40.76|
|Net Profit Margin||11.83%|
How did TOL perform over the long term?See historical performance and comparison
Is TOL Gases undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: TOL (TZS530) is trading above our estimate of fair value (TZS32.11)
Significantly Below Fair Value: TOL is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: TOL is poor value based on its PE Ratio (13x) compared to the African Chemicals industry average (12.7x).
PE vs Market: TOL is poor value based on its PE Ratio (13x) compared to the TZ market (10.8x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate TOL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TOL's PB Ratio (1.3x) is in line with the XF Chemicals industry average.
How is TOL Gases forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Materials 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 TOL Gases 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.
How has TOL Gases performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TOL has high quality earnings.
Growing Profit Margin: TOL's current net profit margins (11.8%) are lower than last year (13.1%).
Past Earnings Growth Analysis
Earnings Trend: TOL's earnings have declined by 0.9% per year over the past 5 years.
Accelerating Growth: TOL's earnings growth over the past year (4%) exceeds its 5-year average (-0.9% per year).
Earnings vs Industry: TOL earnings growth over the past year (4%) underperformed the Chemicals industry 27%.
Return on Equity
High ROE: TOL's Return on Equity (10.2%) is considered low.
How is TOL Gases's financial position?
Financial Position Analysis
Short Term Liabilities: TOL's short term assets (TZS13.6B) exceed its short term liabilities (TZS10.6B).
Long Term Liabilities: TOL's short term assets (TZS13.6B) exceed its long term liabilities (TZS6.1B).
Debt to Equity History and Analysis
Debt Level: TOL's debt to equity ratio (49%) is considered high.
Reducing Debt: TOL's debt to equity ratio has reduced from 49.4% to 49% over the past 5 years.
Debt Coverage: TOL's debt is well covered by operating cash flow (46.1%).
Interest Coverage: TOL's interest payments on its debt are well covered by EBIT (5.4x coverage).
What is TOL Gases's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TOL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TOL'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 TOL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TOL's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: TOL is not paying a notable dividend for the TZ market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TOL's dividend in 3 years as they are not forecast to pay a notable one for the TZ market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Daniel Mwangi Warungu serves as Managing Director and Director of TOL Gases Limited.
Experienced Board: TOL's board of directors are considered experienced (7 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
TOL Gases Limited's employee growth, exchange listings and data sources
- Name: TOL Gases Limited
- Ticker: TOL
- Exchange: DAR
- Founded: 1950
- Industry: Industrial Gases
- Sector: Materials
- Market Cap: TSh30.478b
- Shares outstanding: 57.51m
- Website: https://www.tolgases.com
Number of Employees
- TOL Gases Limited
- 4B Nyerere Road
- PO Box 911
- Dar es Salaam
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/20 15:01|
|End of Day Share Price||2021/10/11 00:00|
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.