Spanjaard
Market Cap
R23.2m
Last Updated
2021/04/11 17:05 UTC
Data Sources
Company Financials
Executive Summary
Spanjaard Limited manufactures and distributes specialized lubricants and allied chemical products worldwide. More Details
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet with solid track record.
Share Price & News
How has Spanjaard's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SPA is more volatile than 90% of ZA stocks over the past 3 months, typically moving +/- 16% a week.
Volatility Over Time: SPA's weekly volatility has decreased from 25% to 16% over the past year, but is still higher than 75% of ZA stocks.
Market Performance
7 Day Return
-3.1%
SPA
-3.7%
ZA Chemicals
-1.4%
ZA Market
1 Year Return
206.5%
SPA
159.2%
ZA Chemicals
36.3%
ZA Market
Return vs Industry: SPA exceeded the ZA Chemicals industry which returned 162.8% over the past year.
Return vs Market: SPA exceeded the ZA Market which returned 36.4% over the past year.
Shareholder returns
| SPA | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.1% | -3.7% | -1.4% |
| 30 Day | -3.1% | -5.1% | -2.1% |
| 90 Day | -33.6% | 24.8% | 9.7% |
| 1 Year | 206.5%206.5% | 161.3%159.2% | 43.5%36.3% |
| 3 Year | 3.6%3.6% | -47.0%-49.9% | 18.7%-6.8% |
| 5 Year | -23.0%-23.0% | -44.6%-51.2% | 35.2%2.8% |
Long-Term Price Volatility Vs. Market
How volatile is Spanjaard's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
Is Now The Time To Put Spanjaard (JSE:SPA) On Your Watchlist?4 months ago | Simply Wall St
Does Spanjaard (JSE:SPA) Deserve A Spot On Your Watchlist?9 months ago | Simply Wall St
Market Cool On Spanjaard Limited's (JSE:SPA) EarningsValuation
Is Spanjaard undervalued compared to its fair value and its price relative to the market?
7.01x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate SPA's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate SPA's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: SPA is good value based on its PE Ratio (7x) compared to the XF Chemicals industry average (11.6x).
PE vs Market: SPA is good value based on its PE Ratio (7x) compared to the ZA market (12.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SPA's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SPA is good value based on its PB Ratio (0.5x) compared to the ZA Chemicals industry average (0.9x).
Future Growth
How is Spanjaard forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
36.0%
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 Spanjaard 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 Spanjaard performed over the past 5 years?
1.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SPA has high quality earnings.
Growing Profit Margin: SPA's current net profit margins (2.7%) are higher than last year (0.9%).
Past Earnings Growth Analysis
Earnings Trend: SPA has become profitable over the past 5 years, growing earnings by 1.1% per year.
Accelerating Growth: SPA's earnings growth over the past year (192.7%) exceeds its 5-year average (1.1% per year).
Earnings vs Industry: SPA earnings growth over the past year (192.7%) exceeded the Chemicals industry 4.1%.
Return on Equity
High ROE: SPA's Return on Equity (6.8%) is considered low.
Financial Health
How is Spanjaard's financial position?
Financial Position Analysis
Short Term Liabilities: SPA's short term assets (ZAR42.2M) exceed its short term liabilities (ZAR20.0M).
Long Term Liabilities: SPA's short term assets (ZAR42.2M) exceed its long term liabilities (ZAR7.6M).
Debt to Equity History and Analysis
Debt Level: SPA's debt to equity ratio (12%) is considered satisfactory.
Reducing Debt: SPA's debt to equity ratio has reduced from 20% to 12% over the past 5 years.
Debt Coverage: SPA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SPA's interest payments on its debt are well covered by EBIT (5.8x coverage).
Balance Sheet
Dividend
What is Spanjaard current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SPA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SPA'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 SPA's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SPA's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: SPA is not paying a notable dividend for the ZA market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SPA'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?
1.4yrs
Average management tenure
CEO
Tracy Spanjaard (37 yo)
1.58yrs
Tenure
R985,000
Compensation
Ms. Tracy Nelly Spanjaard has been Executive Director and Chief Executive Officer at Spanjaard Ltd. since September 01, 2020 and was Director of Marketing at Spanjaard Limited since October 12, 2017 until ...
CEO Compensation Analysis
Compensation vs Market: Tracy's total compensation ($USD67.48K) is below average for companies of similar size in the ZA market ($USD280.24K).
Compensation vs Earnings: Tracy's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: SPA's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.
Board Members
Experienced Board: SPA's board of directors are not considered experienced ( 1.7 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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Spanjaard Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Spanjaard Limited
- Ticker: SPA
- Exchange: JSE
- Founded: 1960
- Industry: Specialty Chemicals
- Sector: Materials
- Market Cap: R23.207m
- Shares outstanding: 8.14m
- Website: https://www.spanjaard.biz
Number of Employees
Location
- Spanjaard Limited
- 748 - 750 Fifth Street
- Wynberg
- Sandton
- Gauteng
- 2090
- South Africa
Listings
Biography
Spanjaard Limited manufactures and distributes specialized lubricants and allied chemical products worldwide. It operates through Automotive, Industrial, Exports, and Consumer Goods segments. The company p...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/11 17:05 |
| End of Day Share Price | 2021/04/09 00:00 |
| Earnings | 2020/08/31 |
| Annual Earnings | 2020/02/29 |
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.