Brimstone Investment Corporation Limited, an investment holding company, engages in food, insurance, clothing, and investment businesses.
Price History & Performance
|Historical stock prices|
|Current Share Price||R6.00|
|52 Week High||R3.81|
|52 Week Low||R7.91|
|1 Month Change||9.09%|
|3 Month Change||-11.11%|
|1 Year Change||33.33%|
|3 Year Change||-34.43%|
|5 Year Change||-53.85%|
|Change since IPO||3.45%|
Recent News & Updates
These 4 Measures Indicate That Brimstone Investment (JSE:BRT) Is Using Debt In A Risky Way
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
|BRT||ZA Food||ZA Market|
Return vs Industry: BRT exceeded the ZA Food industry which returned 4% over the past year.
Return vs Market: BRT exceeded the ZA Market which returned 20.8% over the past year.
Stable Share Price: BRT is more volatile than 75% of ZA stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: BRT's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of ZA stocks.
About the Company
Brimstone Investment Corporation Limited, an investment holding company, engages in food, insurance, clothing, and investment businesses. The company is involved in the fishing of cape hakes, shark bay tigers, and king prawns; processing and marketing of frozen and chilled seafood products; and provision of short-term insurance products primarily for property, motor, marine, engineering, liability, and miscellaneous lines. It also designs, manufactures, and markets men's and ladies clothing products, as well as accessories.
Brimstone Investment Fundamentals Summary
|BRT fundamental statistics|
Is BRT overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|BRT income statement (TTM)|
|Cost of Revenue||R4.24b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.95|
|Net Profit Margin||5.13%|
How did BRT perform over the long term?See historical performance and comparison
Is Brimstone Investment undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BRT (ZAR6) is trading below our estimate of fair value (ZAR59.61)
Significantly Below Fair Value: BRT is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BRT is good value based on its PE Ratio (6.3x) compared to the ZA Food industry average (11.4x).
PE vs Market: BRT is good value based on its PE Ratio (6.3x) compared to the ZA market (11.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BRT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BRT is good value based on its PB Ratio (0.6x) compared to the ZA Food industry average (1.2x).
How is Brimstone Investment forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Food, Beverage & Tobacco 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 Brimstone Investment 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.
How has Brimstone Investment performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BRT has a large one-off loss of ZAR464.7M impacting its June 30 2021 financial results.
Growing Profit Margin: BRT became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: BRT has become profitable over the past 5 years, growing earnings by -4.5% per year.
Accelerating Growth: BRT has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: BRT has become profitable in the last year, making it difficult to compare its past year earnings growth to the Food industry (0.6%).
Return on Equity
High ROE: BRT's Return on Equity (11.3%) is considered low.
How is Brimstone Investment's financial position?
Financial Position Analysis
Short Term Liabilities: BRT's short term assets (ZAR2.3B) exceed its short term liabilities (ZAR1.4B).
Long Term Liabilities: BRT's short term assets (ZAR2.3B) do not cover its long term liabilities (ZAR4.3B).
Debt to Equity History and Analysis
Debt Level: BRT's debt to equity ratio (94.9%) is considered high.
Reducing Debt: BRT's debt to equity ratio has reduced from 129% to 94.9% over the past 5 years.
Debt Coverage: BRT's debt is well covered by operating cash flow (22.8%).
Interest Coverage: BRT's interest payments on its debt are not well covered by EBIT (2.4x coverage).
What is Brimstone Investment current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BRT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate BRT'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 BRT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BRT's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: BRT is not paying a notable dividend for the ZA market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of BRT's dividend in 3 years as they are not forecast to pay a notable one for the ZA market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mustaq Enus-Brey (67 yo)
Mr. Mustaq Ahmed Enus-Brey, BCompt (Hons), CA(SA) is Co-Founder and Chief Executive Officer at Brimstone Investment Corporation Limited. Mr. Enus-Brey has been the Chairman of Oceana Group Ltd. since Febru...
CEO Compensation Analysis
Compensation vs Market: Mustaq's total compensation ($USD540.88K) is above average for companies of similar size in the ZA market ($USD276.78K).
Compensation vs Earnings: Mustaq's compensation has been consistent with company performance over the past year.
Experienced Management: BRT's management team is seasoned and experienced (6.6 years average tenure).
Experienced Board: BRT's board of directors are seasoned and experienced ( 11.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: BRT insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Brimstone Investment Corporation Limited's employee growth, exchange listings and data sources
- Name: Brimstone Investment Corporation Limited
- Ticker: BRT
- Exchange: JSE
- Founded: 1995
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Market Cap: R1.591b
- Shares outstanding: 265.13m
- Website: https://www.brimstone.co.za
Number of Employees
- Brimstone Investment Corporation Limited
- Slade House
- 1st Floor, Boundary Terraces
- Cape Town
- Western Cape
- South Africa
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/20 22:01|
|End of Day Share Price||2021/10/20 00:00|
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.