| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 4/6 |
| Financial Health | 5/6 |
| Dividends | 4/6 |
TPC Stock Overview
Transpaco Limited, together with its subsidiaries, manufactures and distributes paper and plastic packaging products primarily in South Africa.
Transpaco Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | R18.75 |
| 52 Week High | R18.75 |
| 52 Week Low | R13.00 |
| Beta | -0.10 |
| 1 Month Change | 13.64% |
| 3 Month Change | 17.19% |
| 1 Year Change | 19.05% |
| 3 Year Change | -10.71% |
| 5 Year Change | -39.52% |
| Change since IPO | 4,240.38% |
Recent News & Updates
We Think Transpaco (JSE:TPC) Can Stay On Top Of Its Debt
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Transpaco (JSE:TPC) Could Be Struggling To Allocate Capital
There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'd want to identify a...
Shareholder Returns
| TPC | ZA Packaging | ZA Market | |
|---|---|---|---|
| 7D | 4.2% | 2.9% | -0.3% |
| 1Y | 19.0% | 51.4% | 13.9% |
Return vs Industry: TPC underperformed the ZA Packaging industry which returned 51.4% over the past year.
Return vs Market: TPC exceeded the ZA Market which returned 13.9% over the past year.
Price Volatility
| TPC volatility | |
|---|---|
| TPC Average Weekly Movement | 6.0% |
| Packaging Industry Average Movement | 7.2% |
| Market Average Movement | 5.7% |
| 10% most volatile stocks in ZA Market | 12.1% |
| 10% least volatile stocks in ZA Market | 3.3% |
Stable Share Price: TPC is not significantly more volatile than the rest of ZA stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: TPC's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1951 | 1,522 | Phil Abelheim | https://www.transpaco.co.za |
Transpaco Limited, together with its subsidiaries, manufactures and distributes paper and plastic packaging products primarily in South Africa. It operates through Plastics Products; Paper and Board Products; and Property and Group Services segments. The company manufactures plastic products comprising refuse bags, bin liners, and sheeting and films; retail vest–type plastic bags, retail boutique plastic bags, courier bags, industrial plastic bags, tubing and sheeting, scholastic stationery, and high density and low-density polyethylene; and specialized films, consisting of cast pallet stabilization wrapping, stretch film, and cast films.
Transpaco Fundamentals Summary
| TPC fundamental statistics | |
|---|---|
| Market Cap | R590.61m |
| Earnings (TTM) | R110.28m |
| Revenue (TTM) | R2.08b |
5.4x
P/E Ratio0.3x
P/S RatioIs TPC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| TPC income statement (TTM) | |
|---|---|
| Revenue | R2.08b |
| Cost of Revenue | R1.40b |
| Gross Profit | R680.10m |
| Expenses | R569.82m |
| Earnings | R110.28m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 3.50 |
| Gross Margin | 32.71% |
| Net Profit Margin | 5.30% |
| Debt/Equity Ratio | 9.4% |
How did TPC perform over the long term?
See historical performance and comparisonDividends
8.2%
Current Dividend Yield45%
Payout RatioValuation
Is Transpaco undervalued compared to its fair value and its price relative to the market?
5.0%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TPC (ZAR18.75) is trading below our estimate of fair value (ZAR19.74)
Significantly Below Fair Value: TPC is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: TPC is good value based on its PE Ratio (5.4x) compared to the African Packaging industry average (10.9x).
PE vs Market: TPC is good value based on its PE Ratio (5.4x) compared to the ZA market (10.9x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate TPC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TPC is good value based on its PB Ratio (0.8x) compared to the XF Packaging industry average (1.5x).
Future Growth
How is Transpaco 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 Transpaco 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 Transpaco performed over the past 5 years?
-2.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TPC has high quality earnings.
Growing Profit Margin: TPC's current net profit margins (5.3%) are higher than last year (4.8%).
Past Earnings Growth Analysis
Earnings Trend: TPC's earnings have declined by 2.3% per year over the past 5 years.
Accelerating Growth: TPC's earnings growth over the past year (20.5%) exceeds its 5-year average (-2.3% per year).
Earnings vs Industry: TPC earnings growth over the past year (20.5%) exceeded the Packaging industry 4.5%.
Return on Equity
High ROE: TPC's Return on Equity (15%) is considered low.
Financial Health
How is Transpaco's financial position?
Financial Position Analysis
Short Term Liabilities: TPC's short term assets (ZAR687.4M) exceed its short term liabilities (ZAR349.4M).
Long Term Liabilities: TPC's short term assets (ZAR687.4M) exceed its long term liabilities (ZAR227.8M).
Debt to Equity History and Analysis
Debt Level: TPC has more cash than its total debt.
Reducing Debt: TPC's debt to equity ratio has increased from 8.8% to 9.4% over the past 5 years.
Debt Coverage: TPC's debt is well covered by operating cash flow (194.6%).
Interest Coverage: TPC's interest payments on its debt are well covered by EBIT (11.5x coverage).
Balance Sheet
Dividend
What is Transpaco current dividend yield, its reliability and sustainability?
8.16%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TPC's dividend (8.16%) is higher than the bottom 25% of dividend payers in the ZA market (2.87%).
High Dividend: TPC's dividend (8.16%) is in the top 25% of dividend payers in the ZA market (7.34%)
Stability and Growth of Payments
Stable Dividend: TPC's dividend payments have been volatile in the past 10 years.
Growing Dividend: TPC's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (45.3%), TPC'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?
24.3yrs
Average management tenure
CEO
Phil Abelheim (67 yo)
44.08yrs
Tenure
R10,213,000
Compensation
Mr. Phillip Norman Abelheim, also known as Phil, FCIS, has been Chief Executive Officer and Executive Director of Transpaco Limited since December 12, 1977. Mr. Abelheim has experience in the plastic and p...
CEO Compensation Analysis
Compensation vs Market: Phil's total compensation ($USD677.58K) is above average for companies of similar size in the ZA market ($USD258.93K).
Compensation vs Earnings: Phil's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: TPC's management team is seasoned and experienced (24.3 years average tenure).
Board Members
Experienced Board: TPC's board of directors are seasoned and experienced ( 19.2 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
Transpaco Limited's employee growth, exchange listings and data sources
Key Information
- Name: Transpaco Limited
- Ticker: TPC
- Exchange: JSE
- Founded: 1951
- Industry: Paper Packaging
- Sector: Materials
- Implied Market Cap: R590.614m
- Shares outstanding: 31.50m
- Website: https://www.transpaco.co.za
Number of Employees
Location
- Transpaco Limited
- 331 - 6th Street
- Wynberg
- Johannesburg
- Gauteng
- 2090
- South Africa
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/23 17:01 |
| End of Day Share Price | 2022/01/21 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2021/06/30 |
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.