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VODA

Vodacom Tanzania DAR:VODA Stock Report

Last Price

TSh770.00

Market Cap

TSh1.7t

7D

0%

1Y

0%

Updated

27 Sep, 2022

Data

Company Financials
VODA fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

VODA Stock Overview

Vodacom Tanzania Public Limited Company offers telecommunication services to consumers and enterprises in Tanzania.

Vodacom Tanzania Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Vodacom Tanzania
Historical stock prices
Current Share PriceTSh770.00
52 Week HighTSh770.00
52 Week LowTSh770.00
Beta0.052
1 Month Change0%
3 Month Change0%
1 Year Change0%
3 Year Change-9.41%
5 Year Change-9.41%
Change since IPO-9.41%

Recent News & Updates

Shareholder Returns

VODATZ Wireless TelecomTZ Market
7D0%-1.3%0.06%
1Y0%-13.8%8.7%

Return vs Industry: VODA exceeded the TZ Wireless Telecom industry which returned -16.1% over the past year.

Return vs Market: VODA underperformed the TZ Market which returned 8.6% over the past year.

Price Volatility

Is VODA's price volatile compared to industry and market?
VODA volatility
VODA Average Weekly Movement0%
Wireless Telecom Industry Average Movement5.1%
Market Average Movement5.1%
10% most volatile stocks in TZ Market7.1%
10% least volatile stocks in TZ Market2.2%

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

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

About the Company

FoundedEmployeesCEOWebsite
1999560n/ahttps://vodacom.co.tz

Vodacom Tanzania Public Limited Company offers telecommunication services to consumers and enterprises in Tanzania. It offers voice, data, messaging, financial and digital products, and related services; electronic payment solutions, including virtual M-Pesa Visa card and Pay by Phone; person-to person transfers; deposits and withdrawal; and financial services comprising M-Pesa overdraft, savings and loans, and insurance services. The company also provides connectivity services, including wireless, fixed line, VPN, fibre, and shared internet; managed mobility services; security, cloud and hosting services; mobile broadband and internet services.

Vodacom Tanzania Fundamentals Summary

How do Vodacom Tanzania's earnings and revenue compare to its market cap?
VODA fundamental statistics
Market CapTSh1.72t
Earnings (TTM)-TSh23.80b
Revenue (TTM)TSh961.42b

1.8x

P/S Ratio

-72.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
VODA income statement (TTM)
RevenueTSh961.42b
Cost of RevenueTSh365.50b
Gross ProfitTSh595.92b
Other ExpensesTSh619.72b
Earnings-TSh23.80b

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-10.63
Gross Margin61.98%
Net Profit Margin-2.48%
Debt/Equity Ratio66.1%

How did VODA perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is VODA undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for VODA?

Other financial metrics that can be useful for relative valuation.

VODA key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue2.1x
Enterprise Value/EBITDA6.9x
PEG Ration/a

Price to Sales Ratio vs Peers

How does VODA's PS Ratio compare to its peers?

VODA PS Ratio vs Peers
The above table shows the PS ratio for VODA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average1.4x
215 Hutchison Telecommunications Hong Kong Holdings
1.2x2.8%HK$5.9b
ORDS Omani Qatari Telecommunications Company SAOG
1.1x-2.5%ر.ع266.9m
VEON VEON
0.08x9.3%US$598.6m
SHEN Shenandoah Telecommunications
3.4x6.2%US$862.8m
VODA Vodacom Tanzania
1.8xn/aTSh1.7t

Price-To-Sales vs Peers: VODA is expensive based on its Price-To-Sales Ratio (1.8x) compared to the peer average (1.4x).


Price to Earnings Ratio vs Industry

How does VODA's PE Ratio compare vs other companies in the Global Wireless Telecom Industry?

Price-To-Sales vs Industry: VODA is expensive based on its Price-To-Sales Ratio (1.8x) compared to the Global Wireless Telecom industry average (1.3x)


Price to Sales Ratio vs Fair Ratio

What is VODA's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

VODA PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1.8x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate VODA's Price-To-Sales Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of VODA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: VODA (TZS770) is trading above our estimate of fair value (TZS568.31)

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


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


15.9%

Forecasted Telecom 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 Vodacom Tanzania 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.


Discover growth companies

  • Examine Vodacom Tanzania's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.

Past Performance

How has Vodacom Tanzania performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-52.8%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: VODA is currently unprofitable.

Growing Profit Margin: VODA is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: VODA is unprofitable, and losses have increased over the past 5 years at a rate of 52.8% per year.

Accelerating Growth: Unable to compare VODA's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: VODA is unprofitable, making it difficult to compare its past year earnings growth to the Wireless Telecom industry (2.5%).


Return on Equity

High ROE: VODA has a negative Return on Equity (-3.1%), as it is currently unprofitable.


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Financial Health

How is Vodacom Tanzania's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: VODA's short term assets (TZS884.3B) exceed its short term liabilities (TZS846.0B).

Long Term Liabilities: VODA's short term assets (TZS884.3B) exceed its long term liabilities (TZS436.0B).


Debt to Equity History and Analysis

Debt Level: VODA's net debt to equity ratio (32.1%) is considered satisfactory.

Reducing Debt: VODA's debt to equity ratio has increased from 0.5% to 66.1% over the past 5 years.

Debt Coverage: VODA's debt is well covered by operating cash flow (49.2%).

Interest Coverage: VODA's interest payments on its debt are not well covered by EBIT (1x coverage).


Balance Sheet


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Dividend

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

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

Vodacom Tanzania Dividend Yield vs Market
How does Vodacom Tanzania dividend yield compare to the market?
SegmentDividend Yield
Company (Vodacom Tanzania)0%
Market Bottom 25% (TZ)2.4%
Market Top 25% (TZ)6.9%
Industry Average (Wireless Telecom)5.5%
Analyst forecast in 3 Years (Vodacom Tanzania)n/a

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

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

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


Earnings Payout to Shareholders

Earnings Coverage: VODA is not paying a notable dividend for the TZ market.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as VODA has not reported any payouts.


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Management

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

3.2yrs

Average management tenure


CEO

Vodacom Tanzania has no CEO, or we have no data on them.


Leadership Team

Experienced Management: VODA's management team is considered experienced (3.2 years average tenure).


Board Members

Experienced Board: VODA's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.


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

What is the ownership structure of VODA?
Owner TypeNumber of SharesOwnership Percentage
Private Companies14,882,3500.7%
General Public140,253,5966.3%
Institutions404,864,15418.1%
Public Companies1,680,000,20075.0%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Top 12 shareholders own 93.74% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
75%
Vodafone Group Public Limited Company
1,680,000,200TZS1.3t0%no data
7.34%
Public Investment Corporation Limited
164,503,540TZS126.7b0%0.13%
3.76%
The Public Service Social Security Fund
84,117,720TZS64.8b0%no data
2.5%
National Social Security Fund
55,999,990TZS43.1b0%32.25%
1.24%
National Social Security Fund
27,816,870TZS21.4b0%10.14%
1.05%
National Health Insurance Fund
23,475,000TZS18.1b0%no data
0.93%
Ashburton (Jersey) Limited
20,928,873TZS16.1b0%1.72%
0.74%
Oasis Crescent Capital (Pty) Limited
16,602,210TZS12.8b0%8.32%
0.66%
Workers Compensation Fund.
14,882,350TZS11.5b0%no data
0.46%
Unit Trust of Tanzania
10,345,530TZS8.0b0%10.03%
0.045%
Absa Asset Management (Proprietary) Ltd.
1,016,000TZS782.3m0%0.07%
0.0026%
T. Rowe Price Group, Inc.
58,421TZS45.0m-95.72%no data

Company Information

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


Key Information

  • Name: Vodacom Tanzania Public Limited Company
  • Ticker: VODA
  • Exchange: DAR
  • Founded: 1999
  • Industry: Wireless Telecommunication Services
  • Sector: Telecom
  • Implied Market Cap: TSh1.725t
  • Shares outstanding: 2.24b
  • Website: https://vodacom.co.tz

Number of Employees


Location

  • Vodacom Tanzania Public Limited Company
  • Vodacom Tower
  • 7th Floor
  • Dar es Salaam
  • Tanzania


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
VODADAR (Tanzania Stock Exchange)YesOrdinary SharesTZTZSAug 2017

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/27 00:00
End of Day Share Price2022/09/27 00:00
Earnings2022/06/30
Annual Earnings2022/03/31


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.