Stock Analysis

KAP First Half 2024 Earnings: EPS: R0.21 (vs R0.34 in 1H 2023)

JSE:KAP
Source: Shutterstock

KAP (JSE:KAP) First Half 2024 Results

Key Financial Results

  • Revenue: R15.0b (down 1.6% from 1H 2023).
  • Net income: R525.0m (down 37% from 1H 2023).
  • Profit margin: 3.5% (down from 5.5% in 1H 2023).
  • EPS: R0.21 (down from R0.34 in 1H 2023).
earnings-and-revenue-growth
JSE:KAP Earnings and Revenue Growth March 5th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

KAP Earnings Insights

Looking ahead, revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Global Industrials industry.

Performance of the market in South Africa.

The company's shares are up 16% from a week ago.

Risk Analysis

We should say that we've discovered 3 warning signs for KAP (1 can't be ignored!) that you should be aware of before investing here.

Valuation is complex, but we're here to simplify it.

Discover if KAP might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

Access Free Analysis

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.