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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


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

SPAIndustryMarket
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 Year206.5%206.5%161.3%159.2%43.5%36.3%
3 Year3.6%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

Valuation

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/11 17:05
End of Day Share Price2021/04/09 00:00
Earnings2020/08/31
Annual Earnings2020/02/29


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.