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AOO

African and Overseas EnterprisesJSE:AOO Stock Report

Market Cap

R108.0m

7D

0%

1Y

-32.2%

Updated

26 Oct, 2021

Data

Company Financials
AOO fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

AOO Overview

African and Overseas Enterprises Limited, through its subsidiaries, engages in the retail, property, and water infrastructure businesses.

Price History & Performance

Summary of all time highs, changes and price drops for African and Overseas Enterprises
Historical stock prices
Current Share PriceR16.96
52 Week HighR16.65
52 Week LowR25.00
Beta-0.023
1 Month Change0%
3 Month Change0%
1 Year Change-32.16%
3 Year Change-7.12%
5 Year Change13.07%
Change since IPO83.35%

Recent News & Updates

Apr 05
Is African and Overseas Enterprises (JSE:AOO) Using Debt Sensibly?

Is African and Overseas Enterprises (JSE:AOO) Using Debt Sensibly?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Dec 21
Health Check: How Prudently Does African and Overseas Enterprises (JSE:AOO) Use Debt?

Health Check: How Prudently Does African and Overseas Enterprises (JSE:AOO) Use 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

AOOZA Specialty RetailZA Market
7D0%-0.5%-0.3%
1Y-32.2%54.6%19.5%

Return vs Industry: AOO underperformed the ZA Specialty Retail industry which returned 54.6% over the past year.

Return vs Market: AOO underperformed the ZA Market which returned 19.5% over the past year.

Price Volatility

Is AOO's price volatile compared to industry and market?
AOO volatility
AOO Beta-0.023
Industry Beta0.91
Market Beta1

Stable Share Price: AOO is less volatile than 75% of ZA stocks over the past 3 months, typically moving +/- 0% a week.

Volatility Over Time: AOO's weekly volatility has decreased from 5% to 0% over the past year.

About the Company

FoundedEmployeesCEOWebsite
1947n/aMarcell Jonathan Goldinghttps://www.rextrueform.com

African and Overseas Enterprises Limited, through its subsidiaries, engages in the retail, property, and water infrastructure businesses. The company retails fashion apparel through Queenspark stores in South Africa and Namibia, as well as through a franchise in Kenya. It also owns and manages a property portfolio; and offers private water and wastewater utility services.

African and Overseas Enterprises Fundamentals Summary

How do African and Overseas Enterprises's earnings and revenue compare to its market cap?
AOO fundamental statistics
Market CapR107.98m
Earnings (TTM)-R51.98m
Revenue (TTM)R435.96m

0.4x

P/S Ratio

-3.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
AOO income statement (TTM)
RevenueR435.96m
Cost of RevenueR236.76m
Gross ProfitR199.20m
ExpensesR251.18m
Earnings-R51.98m

Last Reported Earnings

Dec 31, 2020

Next Earnings Date

n/a

Earnings per share (EPS)-4.53
Gross Margin45.69%
Net Profit Margin-11.92%
Debt/Equity Ratio31.0%

How did AOO perform over the long term?

See historical performance and comparison

Valuation

Is African and Overseas Enterprises undervalued compared to its fair value and its price relative to the market?

13.3%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: AOO (ZAR16.96) is trading below our estimate of fair value (ZAR19.57)

Significantly Below Fair Value: AOO is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: AOO is unprofitable, so we can't compare its PE Ratio to the ZA Specialty Retail industry average.

PE vs Market: AOO is unprofitable, so we can't compare its PE Ratio to the ZA market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: AOO's PB Ratio (1.5x) is in line with the ZA Specialty Retail industry average.


Future Growth

How is African and Overseas Enterprises forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

33.5%

Forecasted Retail 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 African and Overseas Enterprises 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 African and Overseas Enterprises performed over the past 5 years?

-48.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AOO is currently unprofitable.

Growing Profit Margin: AOO is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: AOO is unprofitable, and losses have increased over the past 5 years at a rate of 48.2% per year.

Accelerating Growth: Unable to compare AOO's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: AOO is unprofitable, making it difficult to compare its past year earnings growth to the Specialty Retail industry (148%).


Return on Equity

High ROE: AOO has a negative Return on Equity (-36.11%), as it is currently unprofitable.


Financial Health

How is African and Overseas Enterprises's financial position?


Financial Position Analysis

Short Term Liabilities: AOO's short term assets (ZAR232.9M) exceed its short term liabilities (ZAR135.6M).

Long Term Liabilities: AOO's short term assets (ZAR232.9M) do not cover its long term liabilities (ZAR379.5M).


Debt to Equity History and Analysis

Debt Level: AOO's debt to equity ratio (31%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if AOO's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: AOO's debt is well covered by operating cash flow (98.6%).

Interest Coverage: Insufficient data to determine if AOO's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is African and Overseas Enterprises's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

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


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of AOO'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?

2.8yrs

Average management tenure


CEO

Marcell Jonathan Golding (61 yo)

3.08yrs

Tenure

R396,000

Compensation

Mr. Marcell Jonathan Anthony Golding, BA (Hons), is Co-owner of Geomer Investments (Pty) Ltd. He is Chief Executive Officer of African and Overseas Enterprises Limited since September 3, 2018. He is Co-Own...


Leadership Team

Experienced Management: AOO's management team is considered experienced (2.8 years average tenure).


Board Members

Experienced Board: AOO's board of directors are considered experienced (3.9 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

African and Overseas Enterprises Limited's employee growth, exchange listings and data sources


Key Information

  • Name: African and Overseas Enterprises Limited
  • Ticker: AOO
  • Exchange: JSE
  • Founded: 1947
  • Industry: Apparel Retail
  • Sector: Retail
  • Market Cap: R107.984m
  • Shares outstanding: 11.47m
  • Website: https://www.rextrueform.com

Location

  • African and Overseas Enterprises Limited
  • 263 Victoria Road
  • Salt River
  • Cape Town
  • Western Cape
  • 7925
  • South Africa

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/26 21:14
End of Day Share Price2021/10/26 00:00
Earnings2020/12/31
Annual Earnings2020/06/30


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.