| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 1/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
CGR Overview
Calgro M3 Holdings Limited, together with its subsidiary, engages in the development of integrated residential properties in South Africa.
Rewards
Risk Analysis
+ 1 more risk
Calgro M3 Holdings Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | R4.16 |
| 52 Week High | R1.62 |
| 52 Week Low | R6.40 |
| Beta | -0.46 |
| 1 Month Change | 39.13% |
| 3 Month Change | 47.00% |
| 1 Year Change | 80.87% |
| 3 Year Change | -53.78% |
| 5 Year Change | -75.00% |
| Change since IPO | 26.44% |
Recent News & Updates
Is Calgro M3 Holdings (JSE:CGR) Using Too Much Debt?
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Shareholder Returns
| CGR | ZA Real Estate | ZA Market | |
|---|---|---|---|
| 7D | -7.6% | 0.8% | -0.03% |
| 1Y | 80.9% | 49.0% | 19.0% |
Return vs Industry: CGR exceeded the ZA Real Estate industry which returned 49% over the past year.
Return vs Market: CGR exceeded the ZA Market which returned 19% over the past year.
Price Volatility
| CGR volatility | |
|---|---|
| CGR Beta | -0.46 |
| Industry Beta | 0.82 |
| Market Beta | 1 |
Stable Share Price: CGR is more volatile than 90% of ZA stocks over the past 3 months, typically moving +/- 18% a week.
Volatility Over Time: CGR's weekly volatility (18%) has been stable over the past year, but is still higher than 75% of ZA stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1995 | n/a | Wikus Lategan | https://www.calgrom3.com |
Calgro M3 Holdings Limited, together with its subsidiary, engages in the development of integrated residential properties in South Africa. The company operates through three segments: Residential Property Development, Memorial Parks, and Residential Rental Investments. It also develops and manages memorial parks, as well as provides burial rights and maintenance services.
Calgro M3 Holdings Fundamentals Summary
| CGR fundamental statistics | |
|---|---|
| Market Cap | R505.02m |
| Earnings (TTM) | R106.00m |
| Revenue (TTM) | R1.06b |
4.8x
P/E Ratio0.5x
P/S RatioIs CGR overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CGR income statement (TTM) | |
|---|---|
| Revenue | R1.06b |
| Cost of Revenue | R867.59m |
| Gross Profit | R191.95m |
| Expenses | R85.95m |
| Earnings | R106.00m |
Last Reported Earnings
Aug 31, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.87 |
| Gross Margin | 18.12% |
| Net Profit Margin | 10.00% |
| Debt/Equity Ratio | 105.4% |
How did CGR perform over the long term?
See historical performance and comparisonValuation
Is Calgro M3 Holdings undervalued compared to its fair value and its price relative to the market?
4.76x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: CGR (ZAR4.16) is trading above our estimate of fair value (ZAR0.03)
Significantly Below Fair Value: CGR is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CGR is good value based on its PE Ratio (4.8x) compared to the ZA Real Estate industry average (9.4x).
PE vs Market: CGR is good value based on its PE Ratio (4.8x) compared to the ZA market (11.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CGR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CGR's PB Ratio (0.6x) is in line with the ZA Real Estate industry average.
Future Growth
How is Calgro M3 Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
37.8%
Forecasted Real Estate 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 Calgro M3 Holdings 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 Calgro M3 Holdings performed over the past 5 years?
-47.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CGR has a large one-off gain of ZAR48.0M impacting its August 31 2021 financial results.
Growing Profit Margin: CGR became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: CGR's earnings have declined by 47.8% per year over the past 5 years.
Accelerating Growth: CGR has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: CGR has become profitable in the last year, making it difficult to compare its past year earnings growth to the Real Estate industry (0.5%).
Return on Equity
High ROE: CGR's Return on Equity (12%) is considered low.
Financial Health
How is Calgro M3 Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: CGR's short term assets (ZAR2.2B) exceed its short term liabilities (ZAR1.4B).
Long Term Liabilities: CGR's short term assets (ZAR2.2B) exceed its long term liabilities (ZAR200.4M).
Debt to Equity History and Analysis
Debt Level: CGR's debt to equity ratio (105.4%) is considered high.
Reducing Debt: CGR's debt to equity ratio has increased from 57.3% to 105.4% over the past 5 years.
Debt Coverage: CGR's debt is not well covered by operating cash flow (3.1%).
Interest Coverage: CGR's interest payments on its debt are well covered by EBIT (4.2x coverage).
Balance Sheet
Dividend
What is Calgro M3 Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CGR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CGR'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 CGR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CGR's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CGR'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?
4.6yrs
Average management tenure
CEO
Wikus Lategan (41 yo)
4.58yrs
Tenure
R3,388,229
Compensation
Mr. Willem Jakobus Lategan, also known as Wikus, BCom (Hons), CA(SA), has been the Chief Executive Officer of Calgro M3 Holdings Limited since March 2017 and served as its Managing Director from June 1, 20...
CEO Compensation Analysis
Compensation vs Market: Wikus's total compensation ($USD230.34K) is about average for companies of similar size in the ZA market ($USD278.61K).
Compensation vs Earnings: Wikus's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: CGR's management team is considered experienced (4.6 years average tenure).
Board Members
Experienced Board: CGR's board of directors are considered experienced (4.8 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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Calgro M3 Holdings Limited's employee growth, exchange listings and data sources
Key Information
- Name: Calgro M3 Holdings Limited
- Ticker: CGR
- Exchange: JSE
- Founded: 1995
- Industry: Real Estate Development
- Sector: Real Estate
- Market Cap: R505.024m
- Shares outstanding: 121.40m
- Website: https://www.calgrom3.com
Number of Employees
Location
- Calgro M3 Holdings Limited
- Calgro M3 Building
- Ballywoods Office Park
- Bryanston
- Gauteng
- 2196
- South Africa
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/25 21:40 |
| End of Day Share Price | 2021/10/25 00:00 |
| Earnings | 2021/08/31 |
| Annual Earnings | 2021/02/28 |
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.