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CSB

CashbuildJSE:CSB Stock Report

Market Cap

R6.1b

7D

4.5%

1Y

24.9%

Updated

19 Oct, 2021

Data

Company Financials
CSB fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends3/6

CSB Overview

Cashbuild Limited retails building materials and associated products.

Price History & Performance

Summary of all time highs, changes and price drops for Cashbuild
Historical stock prices
Current Share PriceR269.70
52 Week HighR205.04
52 Week LowR345.99
Beta1.11
1 Month Change1.35%
3 Month Change-2.02%
1 Year Change24.86%
3 Year Change3.73%
5 Year Change-29.90%
Change since IPO5,404.08%

Recent News & Updates

Shareholder Returns

CSBZA Specialty RetailZA Market
7D4.5%1.8%1.0%
1Y24.9%68.7%20.8%

Return vs Industry: CSB underperformed the ZA Specialty Retail industry which returned 66.7% over the past year.

Return vs Market: CSB exceeded the ZA Market which returned 20.7% over the past year.

Price Volatility

Is CSB's price volatile compared to industry and market?
CSB volatility
CSB Beta1.11
Industry Beta0.91
Market Beta1

Stable Share Price: CSB is not significantly more volatile than the rest of ZA stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: CSB's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1978n/aWerner de Jagerhttps://www.cashbuild.co.za

Cashbuild Limited retails building materials and associated products. The company offers cement, timber, bricks, roof coverings, and decorative products. It serves contractors, homebuilders and improvers, farmers, traders, and other customers.

Cashbuild Fundamentals Summary

How do Cashbuild's earnings and revenue compare to its market cap?
CSB fundamental statistics
Market CapR6.11b
Earnings (TTM)R664.68m
Revenue (TTM)R12.62b

9.2x

P/E Ratio

0.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CSB income statement (TTM)
RevenueR12.62b
Cost of RevenueR9.23b
Gross ProfitR3.39b
ExpensesR2.72b
EarningsR664.68m

Last Reported Earnings

Jun 27, 2021

Next Earnings Date

n/a

Earnings per share (EPS)29.32
Gross Margin26.87%
Net Profit Margin5.27%
Debt/Equity Ratio0.6%

How did CSB perform over the long term?

See historical performance and comparison

Dividends

10.9%

Current Dividend Yield

100%

Payout Ratio

Valuation

Is Cashbuild undervalued compared to its fair value and its price relative to the market?

1.3%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CSB (ZAR269.7) is trading below our estimate of fair value (ZAR273.39)

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


Price To Earnings Ratio

PE vs Industry: CSB is good value based on its PE Ratio (9.2x) compared to the ZA Specialty Retail industry average (10.2x).

PE vs Market: CSB is good value based on its PE Ratio (9.2x) compared to the ZA market (11.5x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: CSB is overvalued based on its PB Ratio (2.4x) compared to the ZA Specialty Retail industry average (1.6x).


Future Growth

How is Cashbuild 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 Cashbuild 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 Cashbuild performed over the past 5 years?

-0.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CSB has high quality earnings.

Growing Profit Margin: CSB's current net profit margins (5.3%) are higher than last year (2.7%).


Past Earnings Growth Analysis

Earnings Trend: CSB's earnings have declined by 0.5% per year over the past 5 years.

Accelerating Growth: CSB's earnings growth over the past year (148%) exceeds its 5-year average (-0.5% per year).

Earnings vs Industry: CSB earnings growth over the past year (148%) exceeded the Specialty Retail industry 137.3%.


Return on Equity

High ROE: CSB's Return on Equity (25.9%) is considered high.


Financial Health

How is Cashbuild's financial position?


Financial Position Analysis

Short Term Liabilities: CSB's short term assets (ZAR4.2B) exceed its short term liabilities (ZAR3.2B).

Long Term Liabilities: CSB's short term assets (ZAR4.2B) exceed its long term liabilities (ZAR1.5B).


Debt to Equity History and Analysis

Debt Level: CSB's debt to equity ratio (0.6%) is considered satisfactory.

Reducing Debt: CSB's debt to equity ratio has reduced from 1.8% to 0.6% over the past 5 years.

Debt Coverage: CSB's debt is well covered by operating cash flow (6587.5%).

Interest Coverage: CSB's interest payments on its debt are well covered by EBIT (14.3x coverage).


Balance Sheet


Dividend

What is Cashbuild current dividend yield, its reliability and sustainability?

10.88%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: CSB's dividend (10.88%) is higher than the bottom 25% of dividend payers in the ZA market (3.05%).

High Dividend: CSB's dividend (10.88%) is in the top 25% of dividend payers in the ZA market (8.06%)


Stability and Growth of Payments

Stable Dividend: CSB's dividend payments have been volatile in the past 10 years.

Growing Dividend: CSB's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (100%), CSB's dividend payments are not 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?

9.6yrs

Average management tenure


CEO

Werner de Jager (50 yo)

9.58yrs

Tenure

R13,052,000

Compensation

Mr. Werner F. de Jager, CA (SA) serves as the Chief Executive Officer at Cashbuild Limited since March 1, 2012 and has been its Executive Director since December 1, 2004. Mr. de Jager served as Director of...


CEO Compensation Analysis

Compensation vs Market: Werner's total compensation ($USD898.38K) is about average for companies of similar size in the ZA market ($USD728.25K).

Compensation vs Earnings: Werner's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: CSB's management team is seasoned and experienced (9.6 years average tenure).


Board Members

Experienced Board: CSB's board of directors are considered experienced (3.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: CSB 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

Cashbuild Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Cashbuild Limited
  • Ticker: CSB
  • Exchange: JSE
  • Founded: 1978
  • Industry: Home Improvement Retail
  • Sector: Retail
  • Market Cap: R6.113b
  • Shares outstanding: 22.67m
  • Website: https://www.cashbuild.co.za

Number of Employees


Location

  • Cashbuild Limited
  • 101 Northern Parkway
  • cnr Crownwood Road
  • Johannesburg
  • Gauteng
  • 2091
  • South Africa

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/19 21:39
End of Day Share Price2021/10/19 00:00
Earnings2021/06/27
Annual Earnings2021/06/27


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.