Tanzania Portland Cement Public Limited Company manufactures and sells cement in Tanzania.
Price History & Performance
|Historical stock prices|
|Current Share Price||TSh3,600.00|
|52 Week High||TSh2,400.00|
|52 Week Low||TSh3,940.00|
|1 Month Change||-5.26%|
|3 Month Change||0%|
|1 Year Change||45.16%|
|3 Year Change||74.76%|
|5 Year Change||57.21%|
|Change since IPO||83.67%|
Recent News & Updates
|TPCC||TZ Basic Materials||TZ Market|
Return vs Industry: TPCC underperformed the TZ Basic Materials industry which returned 65.2% over the past year.
Return vs Market: TPCC exceeded the TZ Market which returned 4.4% over the past year.
Stable Share Price: TPCC is less volatile than 75% of TZ stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: TPCC's weekly volatility (3%) has been stable over the past year.
About the Company
Tanzania Portland Cement Public Limited Company manufactures and sells cement in Tanzania. The company markets its cement under the Twiga Extra, Twiga Jenga, Twiga Plus, and Twiga Ordinary brands. The company was founded in 1959 and is based in Dar es Salaam, Tanzania.
Tanzania Portland Cement Fundamentals Summary
|TPCC fundamental statistics|
Is TPCC overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|TPCC income statement (TTM)|
|Cost of Revenue||TSh258.42b|
Last Reported Earnings
Dec 31, 2020
Next Earnings Date
|Earnings per share (EPS)||415.05|
|Net Profit Margin||18.97%|
How did TPCC perform over the long term?See historical performance and comparison
10.8%Current Dividend Yield
Is Tanzania Portland Cement undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TPCC (TZS3600) is trading below our estimate of fair value (TZS6307.91)
Significantly Below Fair Value: TPCC is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TPCC is good value based on its PE Ratio (8.7x) compared to the African Basic Materials industry average (13.7x).
PE vs Market: TPCC is good value based on its PE Ratio (8.7x) compared to the TZ market (11.1x).
Price to Earnings Growth Ratio
PEG Ratio: TPCC is poor value based on its PEG Ratio (3.9x)
Price to Book Ratio
PB vs Industry: TPCC is overvalued based on its PB Ratio (2.5x) compared to the XF Basic Materials industry average (1.3x).
How is Tanzania Portland Cement forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TPCC's forecast earnings growth (2.3% per year) is below the savings rate (9.1%).
Earnings vs Market: TPCC's earnings (2.3% per year) are forecast to grow slower than the TZ market (12.7% per year).
High Growth Earnings: TPCC's earnings are forecast to grow, but not significantly.
Revenue vs Market: TPCC's revenue (0.8% per year) is forecast to grow slower than the TZ market (6.9% per year).
High Growth Revenue: TPCC's revenue (0.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TPCC's Return on Equity is forecast to be high in 3 years time (29.2%)
How has Tanzania Portland Cement performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TPCC has high quality earnings.
Growing Profit Margin: TPCC's current net profit margins (19%) are higher than last year (17.1%).
Past Earnings Growth Analysis
Earnings Trend: TPCC's earnings have grown by 7.9% per year over the past 5 years.
Accelerating Growth: TPCC's earnings growth over the past year (25%) exceeds its 5-year average (7.9% per year).
Earnings vs Industry: TPCC earnings growth over the past year (25%) underperformed the Basic Materials industry 44.8%.
Return on Equity
High ROE: TPCC's Return on Equity (29.3%) is considered high.
How is Tanzania Portland Cement's financial position?
Financial Position Analysis
Short Term Liabilities: TPCC's short term assets (TZS212.4B) exceed its short term liabilities (TZS76.4B).
Long Term Liabilities: TPCC's short term assets (TZS212.4B) exceed its long term liabilities (TZS21.8B).
Debt to Equity History and Analysis
Debt Level: TPCC's debt to equity ratio (0%) is considered satisfactory.
Reducing Debt: TPCC's debt to equity ratio has reduced from 0.1% to 0% over the past 5 years.
Debt Coverage: TPCC's debt is well covered by operating cash flow (1974123.2%).
Interest Coverage: TPCC earns more interest than it pays, so coverage of interest payments is not a concern.
What is Tanzania Portland Cement current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TPCC's dividend (10.83%) is higher than the bottom 25% of dividend payers in the TZ market (1.97%).
High Dividend: TPCC's dividend (10.83%) is in the top 25% of dividend payers in the TZ market (8.2%)
Stability and Growth of Payments
Stable Dividend: TPCC has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: TPCC's dividend payments have increased, but the company has only paid a dividend for 9 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (94%), TPCC's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: TPCC's dividends in 3 years are forecast to be covered by earnings (87.6% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Alfonso Velez (52 yo)
Experienced Management: TPCC's management team is considered experienced (3.1 years average tenure).
Experienced Board: TPCC's board of directors are considered experienced (5.3 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.
Tanzania Portland Cement Public Limited Company's employee growth, exchange listings and data sources
- Name: Tanzania Portland Cement Public Limited Company
- Ticker: TPCC
- Exchange: DAR
- Founded: 1959
- Industry: Construction Materials
- Sector: Materials
- Market Cap: TSh647.723b
- Shares outstanding: 179.92m
- Website: https://www.twigacement.com
Number of Employees
- Tanzania Portland Cement Public Limited Company
- Wazo Hill
- PO Box 1950
- Dar es Salaam
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/18 21:34|
|End of Day Share Price||2021/10/18 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.