company background image
BCF

Bowler MetcalfJSE:BCF Stock Report

Last Price

R11.79

Market Cap

R845.1m

7D

4.3%

1Y

21.3%

Updated

21 Jan, 2022

Data

Company Financials
BCF fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends3/6

BCF Stock Overview

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

Bowler Metcalf Competitors

Mpact

JSE:MPT

R5.3b

Nampak

JSE:NPK

R2.5b

Transpaco

JSE:TPC

R590.6m

Price History & Performance

Summary of all time highs, changes and price drops for Bowler Metcalf
Historical stock prices
Current Share PriceR11.79
52 Week HighR13.00
52 Week LowR8.56
Beta0.22
1 Month Change3.51%
3 Month Change12.29%
1 Year Change21.30%
3 Year Change63.75%
5 Year Change37.90%
Change since IPO2,124.53%

Recent News & Updates

Nov 01
Bowler Metcalf Limited's (JSE:BCF) CEO Compensation Is Looking A Bit Stretched At The Moment

Bowler Metcalf Limited's (JSE:BCF) CEO Compensation Is Looking A Bit Stretched At The Moment

Under the guidance of CEO Friedel Sass, Bowler Metcalf Limited ( JSE:BCF ) has performed reasonably well recently. This...

Oct 12
Bowler Metcalf (JSE:BCF) Is Increasing Its Dividend To R0.32

Bowler Metcalf (JSE:BCF) Is Increasing Its Dividend To R0.32

Bowler Metcalf Limited ( JSE:BCF ) will increase its dividend on the 25th of October to R0.32. This will take the...

Shareholder Returns

BCFZA ChemicalsZA Market
7D4.3%7.5%-0.3%
1Y21.3%84.2%13.9%

Return vs Industry: BCF underperformed the ZA Chemicals industry which returned 81.8% over the past year.

Return vs Market: BCF exceeded the ZA Market which returned 14.3% over the past year.

Price Volatility

Is BCF's price volatile compared to industry and market?
BCF volatility
BCF Average Weekly Movement7.8%
Chemicals Industry Average Movement4.8%
Market Average Movement5.7%
10% most volatile stocks in ZA Market12.2%
10% least volatile stocks in ZA Market3.2%

Stable Share Price: BCF is more volatile than 75% of ZA stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: BCF's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of ZA stocks.

About the Company

FoundedEmployeesCEOWebsite
1972n/aFriedel Sasshttps://www.bowlermetcalf.co.za

Bowler Metcalf Limited manufactures and sells rigid plastic packaging for the toiletry, cosmetic, household, pharmaceutical, and food markets in South Africa. It operates through Plastic Packaging and Property Investment segments. The company offers plastic packaging products.

Bowler Metcalf Fundamentals Summary


Earnings & Revenue

Key profitability statistics from the latest earnings report
BCF income statement (TTM)
RevenueR635.51m
Cost of RevenueR422.81m
Gross ProfitR212.70m
ExpensesR121.21m
EarningsR91.49m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)1.28
Gross Margin33.47%
Net Profit Margin14.40%
Debt/Equity Ratio0%

How did BCF perform over the long term?

See historical performance and comparison

Dividends

4.4%

Current Dividend Yield

40%

Payout Ratio

Valuation

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

35.7%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BCF (ZAR11.79) is trading below our estimate of fair value (ZAR18.34)

Significantly Below Fair Value: BCF is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: BCF is good value based on its PE Ratio (9.2x) compared to the ZA Chemicals industry average (10.9x).

PE vs Market: BCF is good value based on its PE Ratio (9.2x) compared to the ZA market (10.7x).


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's PB Ratio (1.2x) is in line with the ZA Chemicals industry average.


Future Growth

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

21.1%

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.


Past Performance

How has Bowler Metcalf performed over the past 5 years?

3.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BCF has high quality earnings.

Growing Profit Margin: BCF's current net profit margins (14.4%) are lower than last year (14.8%).


Past Earnings Growth Analysis

Earnings Trend: BCF's earnings have grown by 3.5% per year over the past 5 years.

Accelerating Growth: BCF's earnings growth over the past year (10.9%) exceeds its 5-year average (3.5% per year).

Earnings vs Industry: BCF earnings growth over the past year (10.9%) underperformed the Chemicals industry 40.8%.


Return on Equity

High ROE: BCF's Return on Equity (12.5%) is considered low.


Financial Health

How is Bowler Metcalf's financial position?


Financial Position Analysis

Short Term Liabilities: BCF's short term assets (ZAR459.8M) exceed its short term liabilities (ZAR72.6M).

Long Term Liabilities: BCF's short term assets (ZAR459.8M) exceed its long term liabilities (ZAR22.2M).


Debt to Equity History and Analysis

Debt Level: BCF is debt free.

Reducing Debt: BCF had no debt 5 years ago.

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


Dividend

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

4.36%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: BCF's dividend (4.36%) is higher than the bottom 25% of dividend payers in the ZA market (2.87%).

High Dividend: BCF's dividend (4.36%) is low compared to the top 25% of dividend payers in the ZA market (7.19%).


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 (40.4%), 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?

9.4yrs

Average management tenure


CEO

Friedel Sass (58 yo)

10.83yrs

Tenure

R4,775,000

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 ($USD316.80K) is about average for companies of similar size in the ZA market ($USD274.90K).

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


Leadership Team

Experienced Management: BCF's management team is seasoned and experienced (9.4 years average tenure).


Board Members

Experienced Board: BCF's board of directors are seasoned and experienced ( 11.5 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 employee growth, exchange listings and data sources


Key Information

  • Name: Bowler Metcalf Limited
  • Ticker: BCF
  • Exchange: JSE
  • Founded: 1972
  • Industry: Commodity Chemicals
  • Sector: Materials
  • Implied Market Cap: R845.059m
  • Shares outstanding: 71.68m
  • 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


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/21 21:19
End of Day Share Price2022/01/21 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.