AECI Ltd, together with its subsidiaries, operates in the mining, water treatment, plant and animal health, food and beverage, infrastructure, and general industrial sectors in Africa, Europe, South East Asia, North America, South America, and Australia. More Details
Adequate balance sheet and slightly overvalued.
Share Price & News
How has AECI's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AFE is less volatile than 75% of ZA stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: AFE's weekly volatility (3%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: AFE underperformed the ZA Chemicals industry which returned 162.8% over the past year.
Return vs Market: AFE underperformed the ZA Market which returned 36.4% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is AECI's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 year ago | Simply Wall StHere's What AECI Ltd's (JSE:AFE) P/E Ratio Is Telling Us
1 year ago | Simply Wall StIs AECI Ltd (JSE:AFE) The Right Choice For A Smart Dividend Investor?
1 year ago | Simply Wall StWhat Kind Of Shareholders Own AECI Ltd (JSE:AFE)?
Is AECI 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: AFE (ZAR97) is trading below our estimate of fair value (ZAR330.69)
Significantly Below Fair Value: AFE is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: AFE is poor value based on its PE Ratio (77x) compared to the XF Chemicals industry average (11.6x).
PE vs Market: AFE is poor value based on its PE Ratio (77x) compared to the ZA market (12.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate AFE's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: AFE is overvalued based on its PB Ratio (1x) compared to the ZA Chemicals industry average (0.9x).
How is AECI forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Materials 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 AECI 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 AECI performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AFE has high quality earnings.
Growing Profit Margin: AFE's current net profit margins (0.6%) are lower than last year (5.2%).
Past Earnings Growth Analysis
Earnings Trend: AFE's earnings have grown by 1.1% per year over the past 5 years.
Accelerating Growth: AFE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: AFE had negative earnings growth (-89.7%) over the past year, making it difficult to compare to the Chemicals industry average (4.1%).
Return on Equity
High ROE: AFE's Return on Equity (1.5%) is considered low.
How is AECI's financial position?
Financial Position Analysis
Short Term Liabilities: AFE's short term assets (ZAR12.9B) exceed its short term liabilities (ZAR7.8B).
Long Term Liabilities: AFE's short term assets (ZAR12.9B) exceed its long term liabilities (ZAR5.0B).
Debt to Equity History and Analysis
Debt Level: AFE's debt to equity ratio (52.2%) is considered high.
Reducing Debt: AFE's debt to equity ratio has increased from 36.6% to 52.2% over the past 5 years.
Debt Coverage: AFE's debt is well covered by operating cash flow (55.5%).
Interest Coverage: AFE's interest payments on its debt are well covered by EBIT (3.3x coverage).
What is AECI current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: AFE's dividend (5.88%) is higher than the bottom 25% of dividend payers in the ZA market (3.06%).
High Dividend: AFE's dividend (5.88%) is low compared to the top 25% of dividend payers in the ZA market (7.64%).
Stability and Growth of Payments
Stable Dividend: AFE's dividend payments have been volatile in the past 10 years.
Growing Dividend: AFE's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (452.2%), AFE's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mark Dytor (58 yo)
Mr. Mark Anthony Dytor has been the Chief Executive Officer of AECI Ltd. since March 01, 2013. Mr. Dytor has been the Managing Director of Chemserve Water Sciences since 1993 and then of S.A. Paper Chemica...
CEO Compensation Analysis
Compensation vs Market: Mark's total compensation ($USD1.46M) is above average for companies of similar size in the ZA market ($USD806.98K).
Compensation vs Earnings: Mark's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Experienced Management: AFE's management team is seasoned and experienced (8.1 years average tenure).
Experienced Board: AFE's board of directors are considered experienced (3.6 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
AECI Ltd's company bio, employee growth, exchange listings and data sources
- Name: AECI Ltd
- Ticker: AFE
- Exchange: JSE
- Founded: 1894
- Industry: Specialty Chemicals
- Sector: Materials
- Market Cap: R10.677b
- Shares outstanding: 109.94m
- Website: https://www.aeciworld.com
Number of Employees
- AECI Ltd
- AECI Place
- First Floor, 24 The Woodlands
- South Africa
AECI Ltd, together with its subsidiaries, operates in the mining, water treatment, plant and animal health, food and beverage, infrastructure, and general industrial sectors in Africa, Europe, South East A...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/09 17:02|
|End of Day Share Price||2021/04/09 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.