JSE:BCF

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Executive Summary

Bowler Metcalf Limited manufactures and sells rigid plastic packaging for the toiletry, cosmetic, household, pharmaceutical, and food markets in South Africa. More Details


Snowflake Analysis

Flawless balance sheet with solid track record.

Share Price & News

How has Bowler Metcalf's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BCF is not significantly more volatile than the rest of ZA stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: BCF's weekly volatility (7%) has been stable over the past year.


Market Performance


7 Day Return

8.5%

BCF

0.9%

ZA Chemicals

1.0%

ZA Market


1 Year Return

44.9%

BCF

-32.5%

ZA Chemicals

-2.1%

ZA Market

Return vs Industry: BCF exceeded the ZA Chemicals industry which returned -32.5% over the past year.

Return vs Market: BCF exceeded the ZA Market which returned -2.2% over the past year.


Shareholder returns

BCFIndustryMarket
7 Day8.5%0.9%1.0%
30 Day9.2%16.2%3.4%
90 Day25.4%51.7%12.0%
1 Year54.1%44.9%-31.7%-32.5%3.0%-2.1%
3 Year110.4%27.0%-55.4%-58.6%3.4%-17.7%
5 Year69.7%-6.9%-46.0%-53.1%50.6%8.4%

Long-Term Price Volatility Vs. Market

How volatile is Bowler Metcalf's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Bowler Metcalf undervalued compared to its fair value and its price relative to the market?

13.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BCF (ZAR9.78) is trading below our estimate of fair value (ZAR11.3)

Significantly Below Fair Value: BCF is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: BCF is good value based on its PE Ratio (8.8x) compared to the ZA Chemicals industry average (10.3x).

PE vs Market: BCF is good value based on its PE Ratio (8.8x) compared to the ZA market (13.2x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: BCF is overvalued based on its PB Ratio (1x) compared to the ZA Chemicals industry average (0.8x).


Next Steps

Future Growth

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

67.9%

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 Bowler Metcalf 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.


Next Steps

Past Performance

How has Bowler Metcalf performed over the past 5 years?

0.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BCF has high quality earnings.

Growing Profit Margin: BCF's current net profit margins (14.8%) are higher than last year (13.3%).


Past Earnings Growth Analysis

Earnings Trend: BCF's earnings have grown by 0.6% per year over the past 5 years.

Accelerating Growth: BCF's earnings growth over the past year (14.6%) exceeds its 5-year average (0.6% per year).

Earnings vs Industry: BCF earnings growth over the past year (14.6%) exceeded the Chemicals industry 7.7%.


Return on Equity

High ROE: BCF's Return on Equity (12.1%) is considered low.


Next Steps

Financial Health

How is Bowler Metcalf's financial position?


Financial Position Analysis

Short Term Liabilities: BCF's short term assets (ZAR588.3M) exceed its short term liabilities (ZAR57.0M).

Long Term Liabilities: BCF's short term assets (ZAR588.3M) exceed its long term liabilities (ZAR28.9M).


Debt to Equity History and Analysis

Debt Level: BCF is debt free.

Reducing Debt: BCF currently has no debt however we can't compare to 5 years ago as we have no data for that period.

Debt Coverage: BCF has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: BCF has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Bowler Metcalf current dividend yield, its reliability and sustainability?

4.75%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: BCF's dividend (4.75%) is higher than the bottom 25% of dividend payers in the ZA market (3.07%).

High Dividend: BCF's dividend (4.75%) is low compared to the top 25% of dividend payers in the ZA market (8.85%).


Stability and Growth of Payments

Stable Dividend: BCF's dividend payments have been volatile in the past 10 years.

Growing Dividend: BCF's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (41.9%), BCF's dividend payments are 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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

8.4yrs

Average management tenure


CEO

Friedel Sass (57 yo)

9.83yrs

Tenure

R4,056,000

Compensation

Mr. Paul Friedrich Sass, also known as Friedel, B.Sc. (Eng), serves as the Chief Executive Officer of Bowler Metcalf Ltd. since March 2011 and has been its Executive Director since November 2009. Mr. Sass ...


CEO Compensation Analysis

Compensation vs Market: Friedel's total compensation ($USD267.10K) is about average for companies of similar size in the ZA market ($USD306.13K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Paul Sass
CEO & Executive Director9.83yrsR4.06m0.77%
ZAR 5.4m
Grant Böhler
CFO & Executive Director9.08yrsR3.00mno data
Andre September
Company Secretary & Group Financial Manager2.17yrsR1.20mno data
Vanessa Shelver
Group Human Resources Manager7.58yrsno datano data

8.4yrs

Average Tenure

Experienced Management: BCF's management team is seasoned and experienced (8.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Paul Sass
CEO & Executive Director9.83yrsR4.06m0.77%
ZAR 5.4m
Grant Böhler
CFO & Executive Director9.08yrsR3.00mno data
Brian Frost
Non-Executive Independent Chairman7.58yrsR528.00k0.14%
ZAR 987.8k
Michael Brain
Lead Independent Non-Executive Director1.33yrsR399.00k4.31%
ZAR 30.4m
Finlay MacGillivray
Non-Executive Independent Director9.83yrsR513.00kno data
Sarah Gillett
Non-Executive Independent Director8.17yrsR387.00kno data

8.6yrs

Average Tenure

55yo

Average Age

Experienced Board: BCF's board of directors are considered experienced (8.6 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.


Ownership Breakdown

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


Top Shareholders

Company Information

Bowler Metcalf Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Bowler Metcalf Limited
  • Ticker: BCF
  • Exchange: JSE
  • Founded: 1972
  • Industry: Commodity Chemicals
  • Sector: Materials
  • Market Cap: R706.625m
  • Shares outstanding: 72.25m
  • Website: https://www.bowlermetcalf.co.za

Number of Employees


Location

  • Bowler Metcalf Limited
  • 15 Harris Drive
  • Ottery
  • Cape Town
  • Western Cape
  • 7800
  • South Africa

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BCFJSE (The Johannesburg Securities Exchange)YesOrdinary SharesZAZARJan 1992

Biography

Bowler Metcalf Limited manufactures and sells rigid plastic packaging for the toiletry, cosmetic, household, pharmaceutical, and food markets in South Africa. The company offers plastic packaging products....


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/16 17:36
End of Day Share Price2021/01/15 00:00
Earnings2020/06/30
Annual Earnings2020/06/30


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.