Kaap Agri
Market Cap
R1.2b
Last Updated
2020/05/31 18:55 UTC
Data Sources
Company Financials
Executive Summary
Kaap Agri Limited trades in agricultural, fuel and related retail markets in South Africa and Namibia.
Rewards
Risk Analysis
Snowflake Analysis
Proven track record and fair value.
Share Price & News
How has Kaap Agri's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: KAL's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-8.2%
KAL
3.4%
ZA Consumer Retailing
-0.7%
ZA Market
1 Year Return
-48.5%
KAL
-21.3%
ZA Consumer Retailing
-23.8%
ZA Market
Return vs Industry: KAL underperformed the ZA Consumer Retailing industry which returned -21.1% over the past year.
Return vs Market: KAL underperformed the ZA Market which returned -23.6% over the past year.
Shareholder returns
| KAL | Industry | Market | |
|---|---|---|---|
| 7 Day | -8.2% | 3.4% | -0.7% |
| 30 Day | -20.7% | -2.3% | -0.6% |
| 90 Day | -27.3% | -8.8% | -8.1% |
| 1 Year | -46.3%-48.5% | -19.2%-21.3% | -13.0%-23.8% |
| 3 Year | n/a | -16.6%-22.2% | 0.3%-18.8% |
| 5 Year | n/a | 1.6%-10.5% | 9.9%-17.5% |
Price Volatility Vs. Market
How volatile is Kaap Agri's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Trade Alert: The Independent Non-Executive Director Of Kaap Agri Limited (JSE:KAL), Wynoma Michaels, Has Just Spent SAR54k Buying 91% More Shares3 weeks ago | Simply Wall St
What Kind Of Shareholders Own Kaap Agri Limited (JSE:KAL)?1 month ago | Simply Wall St
A Rising Share Price Has Us Looking Closely At Kaap Agri Limited's (JSE:KAL) P/E RatioValuation
Is Kaap Agri undervalued compared to its fair value and its price relative to the market?
4.22x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: KAL (ZAR17.44) is trading above our estimate of fair value (ZAR2.59)
Significantly Below Fair Value: KAL is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: KAL is good value based on its PE Ratio (4.2x) compared to the Consumer Retailing industry average (17.6x).
PE vs Market: KAL is good value based on its PE Ratio (4.2x) compared to the ZA market (8x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate KAL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: KAL is good value based on its PB Ratio (0.6x) compared to the ZA Consumer Retailing industry average (4x).
Next Steps
Future Growth
How is Kaap Agri forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
9.1%
Forecasted Consumer Retailing 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 Kaap Agri 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.
Next Steps
- Examine whether Kaap Agri is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Explore growth companies in the Consumer Retailing industry.
Past Performance
How has Kaap Agri performed over the past 5 years?
8.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KAL has high quality earnings.
Growing Profit Margin: KAL's current net profit margins (3.2%) are lower than last year (3.3%).
Past Earnings Growth Analysis
Earnings Trend: KAL's earnings have grown by 8.1% per year over the past 5 years.
Accelerating Growth: KAL's earnings growth over the past year (17.1%) exceeds its 5-year average (8.1% per year).
Earnings vs Industry: KAL earnings growth over the past year (17.1%) exceeded the Consumer Retailing industry 6.2%.
Return on Equity
High ROE: KAL's Return on Equity (14.5%) is considered low.
Next Steps
Financial Health
How is Kaap Agri's financial position?
Financial Position Analysis
Short Term Liabilities: KAL's short term assets (ZAR2.9B) exceed its short term liabilities (ZAR2.5B).
Long Term Liabilities: KAL's short term assets (ZAR2.9B) exceed its long term liabilities (ZAR445.1M).
Debt to Equity History and Analysis
Debt Level: KAL's debt to equity ratio (87.5%) is considered high.
Reducing Debt: KAL's debt to equity ratio has increased from 51.2% to 87.5% over the past 5 years.
Debt Coverage: KAL's debt is not well covered by operating cash flow (14.8%).
Interest Coverage: KAL earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is Kaap Agri's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate KAL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate KAL'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 KAL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if KAL's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: KAL is not paying a notable dividend for the ZA market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of KAL'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?
4.8yrs
Average management tenure
CEO
Sean Walsh (53yo)
no data
Tenure
R7,240,000
Compensation
Sean Walsh serves as Chief Executive Officer and Managing Director at Kaap Agri (Pty) Ltd. Sean Walsh served as Director of Operations at Kaap Agri (Pty) Ltd. Sean Walsh held senior positions at several co ...
CEO Compensation Analysis
Compensation vs Market: Sean's total compensation ($USD410.28K) is above average for companies of similar size in the ZA market ($USD282.21K).
Compensation vs Earnings: Sean's compensation has increased by more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Executive Director | no data | R7.24m | 0.18% ZAR2.2m | |
| Financial Director & Director | 4.75yrs | R4.31m | 0.035% ZAR433.9k | |
| Head of Human Resources | no data | no data | no data | |
| Managing Director of Rsa Agri Brokers | no data | no data | no data | |
| Head of Properties | 4.75yrs | no data | no data | |
| Head of Agriplas | no data | no data | no data | |
| Company Secretary | 8.42yrs | no data | no data | |
| Financing Controller of CERES | no data | no data | no data | |
| Senior Financing Controller of Porterville | no data | no data | no data | |
| Financing Controller of CERES | no data | no data | no data |
4.8yrs
Average Tenure
53yo
Average Age
Experienced Management: KAL's management team is considered experienced (4.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Executive Director | no data | R7.24m | 0.18% ZAR2.2m | |
| Financial Director & Director | 4.75yrs | R4.31m | 0.035% ZAR433.9k | |
| Independent Non-Executive Director | 8.42yrs | R637.00k | 0.36% ZAR4.4m | |
| Independent Non-Executive Director | 8.42yrs | R301.00k | 0.042% ZAR518.5k | |
| Independent Non-Executive Director | 8.42yrs | R258.00k | 0.0049% ZAR60.3k | |
| Independent Non-Executive Chairman | 7.17yrs | R648.00k | no data | |
| Non-Executive Director | 6yrs | R226.00k | no data | |
| Independent Non-Executive Director | 2.75yrs | R199.00k | 0.0075% ZAR91.6k | |
| Independent Non-Executive Director | 3.17yrs | R586.00k | no data | |
| Independent Non-Executive Director | 3.17yrs | R301.00k | no data |
6.6yrs
Average Tenure
54.5yo
Average Age
Experienced Board: KAL's board of directors are considered experienced (6.6 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: KAL insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Kaap Agri Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Kaap Agri Limited
- Ticker: KAL
- Exchange: JSE
- Founded: 1912
- Industry: Food Retail
- Sector: Consumer Retailing
- Market Cap: R1.226b
- Shares outstanding: 70.28m
- Website: https://www.kaapagri.co.za
Number of Employees
Location
- Kaap Agri Limited
- 1 Westhoven Street
- Paarl
- Western Cape
- 7646
- South Africa
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| KAL | JSE (The Johannesburg Securities Exchange) | Yes | Ordinary Shares | ZA | ZAR | Jun 2017 |
Biography
Kaap Agri Limited trades in agricultural, fuel and related retail markets in South Africa and Namibia. It operates through Trade, The Fuel Company (TFC), Wesgraan, and Manufacturing segments. The Trade segment offers production inputs, mechanization equipment and services, and other goods to agricultural producers, as well as the general public. The TFC segment provides a retail fuel offering to a range of customers, including convenience store and quick service restaurant outlets. The Wesgraan segment sells grain products and provides a range of services, including storage and handling of grain products. The Manufacturing segment manufactures and sells dripper pipes and other irrigation equipment; and distributes franchise and other irrigation parts. It operates under the Agrimark, Liquormark, Pakmark, Wesgraan, Mechanisation, Agriplas, the Fuel Company, Forge, and Expressmark brands. Kaap Agri Limited was founded in 1912 and is based in Paarl, South Africa.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/05/31 18:55 |
| End of Day Share Price | 2020/05/29 00:00 |
| Earnings | 2020/03/31 |
| Annual Earnings | 2019/09/30 |
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.