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UCL

Uganda ClaysUGSE:UCL Stock Report

Market Cap

USh7.7b

7D

0%

1Y

7.6%

Updated

19 Oct, 2021

Data

Company Financials
UCL fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance3/6
Financial Health4/6
Dividends3/6

UCL Overview

Uganda Clays Limited produces and sells a range of baked clay building products in Uganda.

Price History & Performance

Summary of all time highs, changes and price drops for Uganda Clays
Historical stock prices
Current Share PriceUSh8.50
52 Week HighUSh5.00
52 Week LowUSh103,600.00
Beta0.23
1 Month Change0%
3 Month Change0%
1 Year Change7.60%
3 Year Change-63.04%
5 Year Change-34.62%
Change since IPO-84.55%

Recent News & Updates

Shareholder Returns

UCLUG Basic MaterialsUG Market
7D0%1.2%0%
1Y7.6%65.7%1.4%

Return vs Industry: UCL underperformed the UG Basic Materials industry which returned 65.7% over the past year.

Return vs Market: UCL exceeded the UG Market which returned 1.4% over the past year.

Price Volatility

Is UCL's price volatile compared to industry and market?
UCL volatility
UCL Beta0.23
Industry Beta0.51
Market Beta1

Stable Share Price: UCL is not significantly more volatile than the rest of UG stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: UCL's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1950284Reuben Tumwebazehttps://www.ugandaclays.co.ug

Uganda Clays Limited produces and sells a range of baked clay building products in Uganda. It offers bricks, quarry floor tiles, decorative grilles, roofing tiles, suspended floor units, ventilators, maxpans, and walling and partitioning blocks. The company was founded in 1950 and is headquartered in Kampala, Uganda.

Uganda Clays Fundamentals Summary

How do Uganda Clays's earnings and revenue compare to its market cap?
UCL fundamental statistics
Market CapUSh7.65b
Earnings (TTM)USh4.87b
Revenue (TTM)USh29.66b

1.6x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
UCL income statement (TTM)
RevenueUSh29.66b
Cost of RevenueUSh16.13b
Gross ProfitUSh13.53b
ExpensesUSh8.66b
EarningsUSh4.87b

Last Reported Earnings

Dec 31, 2020

Next Earnings Date

n/a

Earnings per share (EPS)5.42
Gross Margin45.61%
Net Profit Margin16.43%
Debt/Equity Ratio57.3%

How did UCL perform over the long term?

See historical performance and comparison

Dividends

15.9%

Current Dividend Yield

25%

Payout Ratio

Valuation

Is Uganda Clays 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: UCL (UGX8.5) is trading below our estimate of fair value (UGX22.27)

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


Price To Earnings Ratio

PE vs Industry: UCL is good value based on its PE Ratio (1.6x) compared to the African Basic Materials industry average (13.7x).

PE vs Market: UCL is good value based on its PE Ratio (1.6x) compared to the UG market (4.9x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: UCL is good value based on its PB Ratio (0.2x) compared to the XF Basic Materials industry average (1.4x).


Future Growth

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

6.9%

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 Uganda Clays 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 Uganda Clays performed over the past 5 years?

10.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: UCL has high quality earnings.

Growing Profit Margin: UCL became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: UCL has become profitable over the past 5 years, growing earnings by 10.8% per year.

Accelerating Growth: UCL has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: UCL has become profitable in the last year, making it difficult to compare its past year earnings growth to the Basic Materials industry (44.8%).


Return on Equity

High ROE: UCL's Return on Equity (13.6%) is considered low.


Financial Health

How is Uganda Clays's financial position?


Financial Position Analysis

Short Term Liabilities: UCL's short term assets (UGX24.6B) exceed its short term liabilities (UGX6.8B).

Long Term Liabilities: UCL's short term assets (UGX24.6B) do not cover its long term liabilities (UGX26.1B).


Debt to Equity History and Analysis

Debt Level: UCL's debt to equity ratio (57.3%) is considered high.

Reducing Debt: UCL's debt to equity ratio has reduced from 90.6% to 57.3% over the past 5 years.

Debt Coverage: UCL's debt is well covered by operating cash flow (29.4%).

Interest Coverage: UCL earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Uganda Clays's current dividend yield, its reliability and sustainability?

15.88%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: UCL's dividend (15.88%) is higher than the bottom 25% of dividend payers in the UG market (4.53%).

High Dividend: UCL's dividend (15.88%) is in the top 25% of dividend payers in the UG market (7.92%)


Stability and Growth of Payments

Stable Dividend: UCL has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: UCL's dividend payments have increased, but the company has only paid a dividend for 4 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (24.9%), UCL's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

5.8yrs

Average board tenure


CEO

Reuben Tumwebaze

0.58

Tenure

Mr. Reuben Byaruhanga Tumwebaze is Managing Director of Uganda Clays Limited from March 2021. Before joining Uganda Clays Ltd, Mr. Tumwebaze was the Director of Road Infrastructure Protection at Uganda Nat...


Board Members

Experienced Board: UCL's board of directors are considered experienced (5.8 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

Uganda Clays Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Uganda Clays Limited
  • Ticker: UCL
  • Exchange: UGSE
  • Founded: 1950
  • Industry: Construction Materials
  • Sector: Materials
  • Market Cap: USh7.650b
  • Shares outstanding: 900.00m
  • Website: https://www.ugandaclays.co.ug

Number of Employees


Location

  • Uganda Clays Limited
  • 14 Kms Entebbe Road
  • Kajjansi
  • Kampala
  • Uganda

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/19 16:00
End of Day Share Price2021/10/19 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.