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COH

Curro HoldingsJSE:COH Stock Report

Market Cap

R7.3b

7D

1.3%

1Y

25.3%

Updated

16 Oct, 2021

Data

Company Financials
COH fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

COH Overview

Curro Holdings Limited develops, acquires, and manages independent schools in South Africa, Namibia, and Botswana.

Price History & Performance

Summary of all time highs, changes and price drops for Curro Holdings
Historical stock prices
Current Share PriceR12.15
52 Week HighR8.82
52 Week LowR12.61
Beta1.27
1 Month Change9.46%
3 Month Change5.01%
1 Year Change25.26%
3 Year Change-49.79%
5 Year Change-75.32%
Change since IPO52.07%

Recent News & Updates

Shareholder Returns

COHZA Consumer ServicesZA Market
7D1.3%2.6%1.6%
1Y25.3%28.2%21.3%

Return vs Industry: COH underperformed the ZA Consumer Services industry which returned 28.2% over the past year.

Return vs Market: COH exceeded the ZA Market which returned 21.3% over the past year.

Price Volatility

Is COH's price volatile compared to industry and market?
COH volatility
COH Beta1.27
Industry Beta0.90
Market Beta1

Stable Share Price: COH is less volatile than 75% of ZA stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: COH's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19986,308Andries Greylinghttps://www.curro.co.za

Curro Holdings Limited develops, acquires, and manages independent schools in South Africa, Namibia, and Botswana. The company operates through Curroa and Meridian segments. It operates nursery, primary, and high schools offering balanced academics, sports, and culture.

Curro Holdings Fundamentals Summary

How do Curro Holdings's earnings and revenue compare to its market cap?
COH fundamental statistics
Market CapR7.27b
Earnings (TTM)R6.00m
Revenue (TTM)R3.29b

1.2kx

P/E Ratio

2.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
COH income statement (TTM)
RevenueR3.29b
Cost of RevenueR1.81b
Gross ProfitR1.48b
ExpensesR1.47b
EarningsR6.00m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.01
Gross Margin44.86%
Net Profit Margin0.18%
Debt/Equity Ratio40.1%

How did COH perform over the long term?

See historical performance and comparison

Valuation

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

1211.37x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate COH's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate COH's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: COH is poor value based on its PE Ratio (1211.4x) compared to the African Consumer Services industry average (17.2x).

PE vs Market: COH is poor value based on its PE Ratio (1211.4x) compared to the ZA market (11.3x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: COH is good value based on its PB Ratio (1x) compared to the XF Consumer Services industry average (1.8x).


Future Growth

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

31.9%

Forecasted Consumer Services 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 Curro 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 Curro Holdings performed over the past 5 years?

-19.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: COH has a large one-off loss of ZAR168.0M impacting its June 30 2021 financial results.

Growing Profit Margin: COH's current net profit margins (0.2%) are lower than last year (2%).


Past Earnings Growth Analysis

Earnings Trend: COH's earnings have declined by 19.6% per year over the past 5 years.

Accelerating Growth: COH's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: COH had negative earnings growth (-90.2%) over the past year, making it difficult to compare to the Consumer Services industry average (36%).


Return on Equity

High ROE: COH's Return on Equity (-0.09%) is considered low.


Financial Health

How is Curro Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: COH's short term assets (ZAR816.0M) exceed its short term liabilities (ZAR738.0M).

Long Term Liabilities: COH's short term assets (ZAR816.0M) do not cover its long term liabilities (ZAR3.7B).


Debt to Equity History and Analysis

Debt Level: COH's debt to equity ratio (40.1%) is considered high.

Reducing Debt: COH's debt to equity ratio has increased from 38.5% to 40.1% over the past 5 years.

Debt Coverage: COH's debt is well covered by operating cash flow (24.6%).

Interest Coverage: COH's interest payments on its debt are not well covered by EBIT (2x coverage).


Balance Sheet


Dividend

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


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

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


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of COH'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?

0.8yrs

Average management tenure


CEO

Andries Greyling (51 yo)

4.25yrs

Tenure

R5,104,000

Compensation

Mr. A. Jacobus Ferdinadus Greyling, also known as Andries, B.Comm (Hons), CA(SA) has been the Chief Executive Officer at Curro Holdings Limited since July 1, 2017, and serves as its Executive Director. Mr....


CEO Compensation Analysis

Compensation vs Market: Andries's total compensation ($USD349.05K) is below average for companies of similar size in the ZA market ($USD731.45K).

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


Leadership Team

Experienced Management: COH's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: COH's board of directors are considered experienced (6.1 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.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

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


Key Information

  • Name: Curro Holdings Limited
  • Ticker: COH
  • Exchange: JSE
  • Founded: 1998
  • Industry: Education Services
  • Sector: Consumer Services
  • Market Cap: R7.265b
  • Shares outstanding: 597.96m
  • Website: https://www.curro.co.za

Number of Employees


Location

  • Curro Holdings Limited
  • 38 Oxford Street
  • Durbanville
  • Western Cape
  • 7550
  • South Africa

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/16 17:02
End of Day Share Price2021/10/15 00:00
Earnings2021/06/30
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.