Afrimat Past Earnings Performance
Past criteria checks 2/6
Afrimat has been growing earnings at an average annual rate of 8.4%, while the Basic Materials industry saw earnings growing at 12.8% annually. Revenues have been growing at an average rate of 15.7% per year. Afrimat's return on equity is 16.5%, and it has net margins of 10.3%.
Key information
8.4%
Earnings growth rate
5.9%
EPS growth rate
| Basic Materials Industry Growth | 8.2% |
| Revenue growth rate | 15.7% |
| Return on equity | 16.5% |
| Net Margin | 10.3% |
| Last Earnings Update | 31 Aug 2024 |
Recent past performance updates
Recent updates
Afrimat (JSE:AFT) Has Gifted Shareholders With A Fantastic 119% Total Return On Their Investment
Mar 04
Have Afrimat Limited (JSE:AFT) Insiders Been Selling Their Stock?
Feb 18
Afrimat (JSE:AFT) Has A Rock Solid Balance Sheet
Feb 16How Many Afrimat Limited (JSE:AFT) Shares Have Insiders Sold, In The Last Year?
Feb 04Is Afrimat Limited's (JSE:AFT) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?
Jan 25What Type Of Shareholders Own The Most Number of Afrimat Limited (JSE:AFT) Shares?
Jan 14Is Afrimat Limited (JSE:AFT) A Smart Pick For Income Investors?
Jan 04What Can We Make Of Afrimat's (JSE:AFT) CEO Compensation?
Dec 24Can Afrimat (JSE:AFT) Prolong Its Impressive Returns?
Dec 14Here's Why I Think Afrimat (JSE:AFT) Is An Interesting Stock
Dec 02Be Sure To Check Out Afrimat Limited (JSE:AFT) Before It Goes Ex-Dividend
Nov 21Revenue & Expenses Breakdown
How Afrimat makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Aug 24 | 7,343 | 754 | 788 | 0 |
| 31 May 24 | 6,713 | 768 | 740 | 0 |
| 29 Feb 24 | 6,083 | 782 | 692 | 0 |
| 30 Nov 23 | 5,620 | 734 | 674 | 0 |
| 31 Aug 23 | 5,157 | 686 | 656 | 0 |
| 31 May 23 | 5,032 | 674 | 636 | 0 |
| 28 Feb 23 | 4,908 | 661 | 616 | 0 |
| 30 Nov 22 | 4,881 | 693 | 684 | 0 |
| 31 Aug 22 | 4,854 | 725 | 752 | 0 |
| 31 May 22 | 4,767 | 749 | 721 | 0 |
| 28 Feb 22 | 4,680 | 773 | 690 | 0 |
| 30 Nov 21 | 4,618 | 850 | 682 | 0 |
| 31 Aug 21 | 4,557 | 928 | 674 | 0 |
| 31 May 21 | 4,125 | 851 | 620 | 0 |
| 28 Feb 21 | 3,694 | 774 | 566 | 0 |
| 30 Nov 20 | 3,418 | 618 | 512 | 0 |
| 31 Aug 20 | 3,143 | 462 | 459 | 0 |
| 31 May 20 | 3,224 | 462 | 469 | 0 |
| 29 Feb 20 | 3,304 | 463 | 478 | 0 |
| 30 Nov 19 | 3,278 | 441 | 480 | 0 |
| 31 Aug 19 | 3,251 | 420 | 482 | 0 |
| 31 May 19 | 3,109 | 361 | 467 | 0 |
| 28 Feb 19 | 2,966 | 301 | 451 | 0 |
| 30 Nov 18 | 2,799 | 269 | 434 | 0 |
| 31 Aug 18 | 2,631 | 236 | 416 | 0 |
| 31 May 18 | 2,506 | 241 | 403 | 0 |
| 28 Feb 18 | 2,381 | 246 | 391 | 0 |
| 30 Nov 17 | 2,320 | 262 | 376 | 0 |
| 31 Aug 17 | 2,259 | 279 | 361 | 0 |
| 31 May 17 | 2,244 | 278 | 355 | 0 |
| 28 Feb 17 | 2,228 | 278 | 349 | 0 |
| 30 Nov 16 | 2,174 | 265 | 344 | 0 |
| 31 Aug 16 | 2,120 | 253 | 338 | 0 |
| 31 May 16 | 2,045 | 238 | 315 | 0 |
| 29 Feb 16 | 1,970 | 222 | 293 | 0 |
| 30 Nov 15 | 1,971 | 220 | 277 | 0 |
| 31 Aug 15 | 1,972 | 218 | 261 | 0 |
| 31 May 15 | 1,985 | 208 | 253 | 0 |
| 28 Feb 15 | 1,999 | 198 | 245 | 0 |
| 30 Nov 14 | 1,999 | 185 | 237 | 0 |
| 31 Aug 14 | 1,999 | 172 | 229 | 0 |
| 31 May 14 | 1,950 | 163 | 226 | 0 |
| 28 Feb 14 | 1,901 | 155 | 223 | 0 |
Quality Earnings: AFT has a large one-off gain of ZAR262.9M impacting its last 12 months of financial results to 31st August, 2024.
Growing Profit Margin: AFT's current net profit margins (10.3%) are lower than last year (13.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: AFT's earnings have grown by 8.4% per year over the past 5 years.
Accelerating Growth: AFT's earnings growth over the past year (9.9%) exceeds its 5-year average (8.4% per year).
Earnings vs Industry: AFT earnings growth over the past year (9.9%) did not outperform the Basic Materials industry 21.2%.
Return on Equity
High ROE: AFT's Return on Equity (16.5%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 08:06 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/08/31 |
| Annual Earnings | 2024/02/29 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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
Afrimat Limited is covered by 4 analysts. 2 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 |
|---|---|
| Hugan Chetty | Afrifocus Securities (Pty) Ltd. |
| Rowan Goeller | Chronux Research |
| Rowan Goeller | Macquarie Research |