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ISB

Insimbi Industrial HoldingsJSE:ISB Stock Report

Market Cap

R418.0m

7D

8.7%

1Y

42.9%

Updated

20 Oct, 2021

Data

Company Financials
ISB fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health3/6
Dividends0/6

ISB Overview

Insimbi Industrial Holdings Limited provides ferrous and non-ferrous alloys, and refractory materials for the steel, aluminum, cement, foundry, plastics, paper, and pulp industries.

Price History & Performance

Summary of all time highs, changes and price drops for Insimbi Industrial Holdings
Historical stock prices
Current Share PriceR1.00
52 Week HighR0.50
52 Week LowR1.20
Beta0.40
1 Month Change12.36%
3 Month Change16.28%
1 Year Change42.86%
3 Year Change-24.24%
5 Year Change-4.76%
Change since IPO28.21%

Recent News & Updates

Sep 27
Capital Allocation Trends At Insimbi Industrial Holdings (JSE:ISB) Aren't Ideal

Capital Allocation Trends At Insimbi Industrial Holdings (JSE:ISB) Aren't Ideal

What are the early trends we should look for to identify a stock that could multiply in value over the long term...

Jul 31
We Think Insimbi Industrial Holdings Limited's (JSE:ISB) CEO Compensation Package Needs To Be Put Under A Microscope

We Think Insimbi Industrial Holdings Limited's (JSE:ISB) CEO Compensation Package Needs To Be Put Under A Microscope

Shareholders will probably not be too impressed with the underwhelming results at Insimbi Industrial Holdings Limited...

Jun 26
Insimbi Industrial Holdings Limited's (JSE:ISB) Low P/E No Reason For Excitement

Insimbi Industrial Holdings Limited's (JSE:ISB) Low P/E No Reason For Excitement

Insimbi Industrial Holdings Limited's ( JSE:ISB ) price-to-earnings (or "P/E") ratio of 9.3x might make it look like a...

Shareholder Returns

ISBZA Trade DistributorsZA Market
7D8.7%-0.9%1.0%
1Y42.9%93.6%20.8%

Return vs Industry: ISB underperformed the ZA Trade Distributors industry which returned 93.6% over the past year.

Return vs Market: ISB exceeded the ZA Market which returned 20.8% over the past year.

Price Volatility

Is ISB's price volatile compared to industry and market?
ISB volatility
ISB Beta0.40
Industry Beta0.79
Market Beta1

Stable Share Price: ISB is more volatile than 75% of ZA stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: ISB's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of ZA stocks.

About the Company

FoundedEmployeesCEOWebsite
1970645Fred Bothahttps://insimbi-group.co.za

Insimbi Industrial Holdings Limited provides ferrous and non-ferrous alloys, and refractory materials for the steel, aluminum, cement, foundry, plastics, paper, and pulp industries. It operates through four segments: Non-Ferrous, Ferrous, Refractory, and Plastics. The company’s Non-Ferrous segment supplies non-ferrous recycled metals for the automotive, heavy aluminum, and powder coating industries.

Insimbi Industrial Holdings Fundamentals Summary

How do Insimbi Industrial Holdings's earnings and revenue compare to its market cap?
ISB fundamental statistics
Market CapR418.04m
Earnings (TTM)R85.63m
Revenue (TTM)R5.92b

4.9x

P/E Ratio

0.07x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ISB income statement (TTM)
RevenueR5.92b
Cost of RevenueR5.40b
Gross ProfitR517.25m
ExpensesR431.63m
EarningsR85.63m

Last Reported Earnings

Aug 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.20
Gross Margin8.74%
Net Profit Margin1.45%
Debt/Equity Ratio112.7%

How did ISB perform over the long term?

See historical performance and comparison

Valuation

Is Insimbi Industrial Holdings undervalued compared to its fair value and its price relative to the market?

4.88x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: ISB (ZAR1) is trading above our estimate of fair value (ZAR0.38)

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


Price To Earnings Ratio

PE vs Industry: ISB is good value based on its PE Ratio (4.9x) compared to the ZA Trade Distributors industry average (7.9x).

PE vs Market: ISB is good value based on its PE Ratio (4.9x) compared to the ZA market (11.4x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: ISB's PB Ratio (0.7x) is in line with the ZA Trade Distributors industry average.


Future Growth

How is Insimbi Industrial Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

10.6%

Forecasted Capital Goods 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 Insimbi Industrial Holdings 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 Insimbi Industrial Holdings performed over the past 5 years?

-0.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ISB has high quality earnings.

Growing Profit Margin: ISB became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: ISB's earnings have declined by 0.7% per year over the past 5 years.

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

Earnings vs Industry: ISB has become profitable in the last year, making it difficult to compare its past year earnings growth to the Trade Distributors industry (19.1%).


Return on Equity

High ROE: ISB's Return on Equity (15.3%) is considered low.


Financial Health

How is Insimbi Industrial Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: ISB's short term assets (ZAR1.0B) exceed its short term liabilities (ZAR738.7M).

Long Term Liabilities: ISB's short term assets (ZAR1.0B) exceed its long term liabilities (ZAR311.6M).


Debt to Equity History and Analysis

Debt Level: ISB's debt to equity ratio (112.7%) is considered high.

Reducing Debt: ISB's debt to equity ratio has increased from 64% to 112.7% over the past 5 years.

Debt Coverage: ISB's debt is not well covered by operating cash flow (9.1%).

Interest Coverage: ISB's interest payments on its debt are well covered by EBIT (3.1x coverage).


Balance Sheet


Dividend

What is Insimbi Industrial Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

Dividend Coverage: ISB is not paying a notable dividend for the ZA market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ISB's dividend in 3 years as they are not forecast to pay a notable one for the ZA market.


Next Steps

Management

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

1.2yrs

Average management tenure


CEO

Fred Botha (57 yo)

4.33yrs

Tenure

R4,978,000

Compensation

Mr. Frederick Botha, also known as Fred, CA (SA) has been the Chief Executive Officer of Insimbi Industrial Holdings Limited (formerly known as Insimbi Refractory and Alloy Supplies Limited) since June 1,...


CEO Compensation Analysis

Compensation vs Market: Fred's total compensation ($USD344.48K) is about average for companies of similar size in the ZA market ($USD276.78K).

Compensation vs Earnings: Fred's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: ISB's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.


Board Members

Experienced Board: ISB's board of directors are considered experienced (5.3 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

Insimbi Industrial Holdings Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Insimbi Industrial Holdings Limited
  • Ticker: ISB
  • Exchange: JSE
  • Founded: 1970
  • Industry: Trading Companies and Distributors
  • Sector: Capital Goods
  • Market Cap: R418.044m
  • Shares outstanding: 418.04m
  • Website: https://insimbi-group.co.za

Number of Employees


Location

  • Insimbi Industrial Holdings Limited
  • 359 Crocker Road
  • Wadeville
  • Germiston
  • Gauteng
  • 1407
  • South Africa

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 22:07
End of Day Share Price2021/10/20 00:00
Earnings2021/08/31
Annual Earnings2021/02/28


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.