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TOL

TOL GasesDAR:TOL Stock Report

Market Cap

TSh30.5b

7D

0%

1Y

n/a

Updated

20 Oct, 2021

Data

Company Financials
TOL fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance2/6
Financial Health5/6
Dividends0/6

TOL Overview

TOL Gases Limited produces and distributes industrial gases, medical gases, and related accessories in Tanzania.

Price History & Performance

Summary of all time highs, changes and price drops for TOL Gases
Historical stock prices
Current Share PriceTSh530.00
52 Week HighTSh500.00
52 Week LowTSh560.00
Beta-0.018
1 Month Change0%
3 Month Changen/a
1 Year Changen/a
3 Year Change-19.70%
5 Year Change-33.75%
Change since IPO165.00%

Recent News & Updates

Shareholder Returns

TOLTZ ChemicalsTZ Market
7D0%-0.9%-0.6%
1Yn/a95.4%3.7%

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.

Price Volatility

Is TOL's price volatile compared to industry and market?
TOL volatility
TOL Beta-0.018
Industry Beta1.91
Market Beta1

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

FoundedEmployeesCEOWebsite
1950116Daniel Warunguhttps://www.tolgases.com

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

How do TOL Gases's earnings and revenue compare to its market cap?
TOL fundamental statistics
Market CapTSh30.48b
Earnings (TTM)TSh2.34b
Revenue (TTM)TSh19.82b

13.0x

P/E Ratio

1.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TOL income statement (TTM)
RevenueTSh19.82b
Cost of RevenueTSh11.37b
Gross ProfitTSh8.44b
ExpensesTSh6.10b
EarningsTSh2.34b

Last Reported Earnings

Dec 31, 2020

Next Earnings Date

n/a

Earnings per share (EPS)40.76
Gross Margin42.61%
Net Profit Margin11.83%
Debt/Equity Ratio49.0%

How did TOL perform over the long term?

See historical performance and comparison

Valuation

Is TOL Gases undervalued compared to its fair value and its price relative to the market?

13x

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.


Future Growth

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

17.7%

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.


Past Performance

How has TOL Gases performed over the past 5 years?

-0.9%

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.


Financial Health

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).


Balance Sheet


Dividend

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.


Next Steps

Management

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

7.0yrs

Average board tenure


CEO

Daniel Warungu

no data

Tenure

Mr. Daniel Mwangi Warungu serves as Managing Director and Director of TOL Gases Limited.


Board Members

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

TOL Gases Limited's employee growth, exchange listings and data sources


Key Information

  • 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


Location

  • TOL Gases Limited
  • 4B Nyerere Road
  • PO Box 911
  • Dar es Salaam
  • 123
  • Tanzania

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/20 15:01
End of Day Share Price2021/10/11 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.