BRN Stock Overview

An investment holding company, engages in the food, healthcare, property, restricted B-BBEE, and enterprise development businesses in South Africa, Australia, Europe, and internationally. More details

BRN fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	2/6
Dividends	3/6

Risk Analysis

Interest payments are not well covered by earnings

Dividend of 7.94% is not well covered by earnings or free cash flows

Does not have a meaningful market cap (ZAR1B)

My Notes

Capture your thoughts, links and company narrative

Brimstone Investment Corporation Limited Competitors

Quantum Foods Holdings

JSE:QFH

R1.8b

Libstar Holdings

JSE:LBR

R2.6b

Sea Harvest Group

JSE:SHG

R2.7b

Tongaat Hulett

JSE:TON

R545.9m

Price History & Performance

Summary of share price highs, lows and changes for Brimstone Investment
Historical stock prices
Current Share Price	R5.15
52 Week High	R6.00
52 Week Low	R4.19
Beta	0.18
1 Month Change	1.98%
3 Month Change	-7.21%
1 Year Change	11.96%
3 Year Change	-22.32%
5 Year Change	-26.43%
Change since IPO	16.01%

Recent updates

Shareholder Returns

	BRN	ZA Food	ZA Market
7D	-4.6%	1.5%	-2.7%
1Y	12.0%	39.9%	11.4%

Return vs Industry: BRN underperformed the ZA Food industry which returned 39.9% over the past year.

Return vs Market: BRN matched the ZA Market which returned 11.4% over the past year.

Price Volatility

Is BRN's price volatile compared to industry and market?
BRN volatility
BRN Average Weekly Movement	4.8%
Food Industry Average Movement	4.6%
Market Average Movement	4.2%
10% most volatile stocks in ZA Market	9.0%
10% least volatile stocks in ZA Market	2.5%

Stable Share Price: BRN has not had significant price volatility in the past 3 months compared to the ZA market.

Volatility Over Time: BRN's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1995	4,529	Mustaq Enus-Brey	www.brimstone.co.za

Brimstone Investment Corporation Limited, an investment holding company, engages in the food, healthcare, property, restricted B-BBEE, and enterprise development businesses in South Africa, Australia, Europe, and internationally. The company offers reinsurance and retrocession intermediary services; solutions to healthcare and clinicians; equity capital services to high growth potential small and medium sized enterprises; and higher education and training qualifications. It also engages in catching, processing, procuring, marketing, and distributing of canned fish, fishmeal, fish oil, horse mackerel, hake, lobster, and squid, as well as provision of Cape Hake, Shark Bay tiger, and king prawns, and Hake-inshore trawl fish; and processing of the catch into frozen and chilled seafood.

Brimstone Investment Corporation Limited Fundamentals Summary

How do Brimstone Investment's earnings and revenue compare to its market cap?
BRN fundamental statistics
Market cap	R1.25b
Earnings (TTM)	-R92.61m
Revenue (TTM)	R5.23b

0.2x

P/S Ratio

-13.2x

P/E Ratio

Is BRN overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BRN income statement (TTM)
Revenue	R5.23b
Cost of Revenue	R4.95b
Gross Profit	R281.15m
Other Expenses	R373.76m
Earnings	-R92.61m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.38
Gross Margin	5.37%
Net Profit Margin	-1.77%
Debt/Equity Ratio	59.7%

How did BRN perform over the long term?

See historical performance and comparison

Dividends

7.9%

Current Dividend Yield

-106%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/22 22:25
End of Day Share Price	2024/12/20 00:00
Earnings	2024/06/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Brimstone Investment Corporation Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution