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NPK

NampakJSE:NPK Stock Report

Last Price

R3.84

Market Cap

R2.5b

7D

1.1%

1Y

82.9%

Updated

22 Jan, 2022

Data

Company Financials
NPK fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance1/6
Financial Health2/6
Dividends0/6

NPK Stock Overview

Nampak Limited manufactures and sells metal, plastic, and paper packaging products in South Africa and rest of Africa.

Nampak Competitors

Mpact

JSE:MPT

R5.3b

Caxton and CTP Publishers and Printers

JSE:CAT

R3.2b

Bowler Metcalf

JSE:BCF

R845.1m

Transpaco

JSE:TPC

R590.6m

Price History & Performance

Summary of all time highs, changes and price drops for Nampak
Historical stock prices
Current Share PriceR3.84
52 Week HighR4.49
52 Week LowR1.97
Beta2.12
1 Month Change3.78%
3 Month Change3.78%
1 Year Change82.86%
3 Year Change-72.92%
5 Year Change-79.56%
Change since IPO-72.86%

Recent News & Updates

Shareholder Returns

NPKZA PackagingZA Market
7D1.1%2.9%-0.3%
1Y82.9%51.4%13.9%

Return vs Industry: NPK exceeded the ZA Packaging industry which returned 51.4% over the past year.

Return vs Market: NPK exceeded the ZA Market which returned 13.9% over the past year.

Price Volatility

Is NPK's price volatile compared to industry and market?
NPK volatility
NPK Average Weekly Movement7.2%
Packaging Industry Average Movement7.2%
Market Average Movement5.7%
10% most volatile stocks in ZA Market12.1%
10% least volatile stocks in ZA Market3.3%

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

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

About the Company

FoundedEmployeesCEOWebsite
n/an/aErik Smutshttps://www.nampak.co.za

Nampak Limited manufactures and sells metal, plastic, and paper packaging products in South Africa and rest of Africa. The company offers HDPE and PET bottles and jars, plastic closures, tubes, and crates and drums for the fruit juice, dairy, carbonated soft drink, water, alcoholic beverage, bakery, agriculture, chemical, petroleum, personal care, and household markets. It also provides aluminum beverage cans and ends for the alcoholic, carbonated soft drink, fruit juice, energy drink, vegetable juice, and ice tea markets; tinplate food cans for the canned food market; and aluminum and tinplate cans, including aerosols, monoblocs, and paint and shoe polish cans to the personal care, household goods, and industrial markets, as well as crowns for the beverage market.

Nampak Fundamentals Summary

How do Nampak's earnings and revenue compare to its market cap?
NPK fundamental statistics
Market CapR2.48b
Earnings (TTM)R207.10m
Revenue (TTM)R13.96b

12.0x

P/E Ratio

0.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NPK income statement (TTM)
RevenueR13.96b
Cost of RevenueR7.70b
Gross ProfitR6.26b
ExpensesR6.06b
EarningsR207.10m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

May 26, 2022

Earnings per share (EPS)0.32
Gross Margin44.87%
Net Profit Margin1.48%
Debt/Equity Ratio138.3%

How did NPK perform over the long term?

See historical performance and comparison

Valuation

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

11.97x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate NPK's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate NPK's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: NPK is poor value based on its PE Ratio (12x) compared to the African Packaging industry average (10.9x).

PE vs Market: NPK is poor value based on its PE Ratio (12x) compared to the ZA market (10.9x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: NPK is good value based on its PB Ratio (0.5x) compared to the XF Packaging industry average (1.5x).


Future Growth

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

18.7%

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 Nampak 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 Nampak performed over the past 5 years?

-56.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: NPK has a large one-off loss of ZAR246.7M impacting its September 30 2021 financial results.

Growing Profit Margin: NPK became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: NPK's earnings have declined by 56.3% per year over the past 5 years.

Accelerating Growth: NPK has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: NPK has become profitable in the last year, making it difficult to compare its past year earnings growth to the Packaging industry (4.5%).


Return on Equity

High ROE: NPK's Return on Equity (8.8%) is considered low.


Financial Health

How is Nampak's financial position?


Financial Position Analysis

Short Term Liabilities: NPK's short term assets (ZAR7.5B) exceed its short term liabilities (ZAR5.0B).

Long Term Liabilities: NPK's short term assets (ZAR7.5B) exceed its long term liabilities (ZAR6.7B).


Debt to Equity History and Analysis

Debt Level: NPK's net debt to equity ratio (111.9%) is considered high.

Reducing Debt: NPK's debt to equity ratio has increased from 79.8% to 138.3% over the past 5 years.

Debt Coverage: NPK's debt is not well covered by operating cash flow (5.2%).

Interest Coverage: NPK's interest payments on its debt are not well covered by EBIT (2.4x coverage).


Balance Sheet


Dividend

What is Nampak current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate NPK's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate NPK'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 NPK's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if NPK's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: NPK is not paying a notable dividend for the ZA market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of NPK's dividend in 3 years as they are not forecast to pay a notable one for the ZA market.


Next Steps

Management

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

3.7yrs

Average management tenure


CEO

Erik Smuts (51 yo)

2yrs

Tenure

R19,296,851

Compensation

Mr. Erik E. Smuts, CA(SA), ACMA, CIPIM, (GIBS), GEDP, AMP, has been Chief Executive Officer and Executive Director at Nampak Limited since January 6, 2020. He served as Managing Director of Metals and Glas...


CEO Compensation Analysis

Compensation vs Market: Erik's total compensation ($USD1.28M) is above average for companies of similar size in the ZA market ($USD530.76K).

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


Leadership Team

Experienced Management: NPK's management team is considered experienced (3.7 years average tenure).


Board Members

Experienced Board: NPK's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.


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.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

Nampak Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Nampak Limited
  • Ticker: NPK
  • Exchange: JSE
  • Founded: NaN
  • Industry: Metal and Glass Containers
  • Sector: Materials
  • Implied Market Cap: R2.480b
  • Shares outstanding: 645.74m
  • Website: https://www.nampak.co.za

Number of Employees


Location

  • Nampak Limited
  • Nampak House
  • Hampton Office Park
  • Sandton
  • Gauteng
  • 2191
  • South Africa

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/22 17:01
End of Day Share Price2022/01/21 00:00
Earnings2021/09/30
Annual Earnings2021/09/30


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.