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ELI

Ellies HoldingsJSE:ELI Stock Report

Market Cap

R153.0m

7D

-5.0%

1Y

280.0%

Updated

20 Oct, 2021

Data

Company Financials
ELI fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance3/6
Financial Health2/6
Dividends0/6

ELI Overview

Ellies Holdings Limited, an investment holding company, engages in the manufacture, import, wholesale, and distribution of LED lighting, electrical, and electronic products and solutions to the residential and commercial sectors in South Africa, Botswana, Namibia, and Eswatini.

Price History & Performance

Summary of all time highs, changes and price drops for Ellies Holdings
Historical stock prices
Current Share PriceR0.19
52 Week HighR0.05
52 Week LowR0.24
Beta-1.07
1 Month Change0%
3 Month Change5.56%
1 Year Change280.00%
3 Year Change0%
5 Year Change-20.83%
Change since IPO-89.73%

Recent News & Updates

Feb 01
Why Ellies Holdings' (JSE:ELI) CEO Pay Matters

Why Ellies Holdings' (JSE:ELI) CEO Pay Matters

Shaun Prithivirajh has been the CEO of Ellies Holdings Limited ( JSE:ELI ) since 2018, and this article will examine...

Dec 06
Is Ellies Holdings (JSE:ELI) Using Too Much Debt?

Is Ellies Holdings (JSE:ELI) Using Too Much Debt?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

Shareholder Returns

ELIZA CommunicationsZA Market
7D-5.0%1.5%1.0%
1Y280.0%17.0%20.8%

Return vs Industry: ELI exceeded the ZA Communications industry which returned 17% over the past year.

Return vs Market: ELI exceeded the ZA Market which returned 20.8% over the past year.

Price Volatility

Is ELI's price volatile compared to industry and market?
ELI volatility
ELI Beta-1.07
Industry Beta0.85
Market Beta1

Stable Share Price: ELI is more volatile than 90% of ZA stocks over the past 3 months, typically moving +/- 14% a week.

Volatility Over Time: ELI's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of ZA stocks.

About the Company

FoundedEmployeesCEOWebsite
1979808Shaun Prithivirajhhttps://elliesholdings.com

Ellies Holdings Limited, an investment holding company, engages in the manufacture, import, wholesale, and distribution of LED lighting, electrical, and electronic products and solutions to the residential and commercial sectors in South Africa, Botswana, Namibia, and Eswatini. The company provides aerial and satellite television (TV) equipment, accessories and hardware, photovoltaic solar panels, and cable and fiber distribution networks, as well as signal, sound, and audio-visual solutions in the business sector. It also manufactures, trades in, distributes, and installs a range of products and services, including digital terrestrial television (DTT) and satellite products and related accessories, and signal distribution products.

Ellies Holdings Fundamentals Summary

How do Ellies Holdings's earnings and revenue compare to its market cap?
ELI fundamental statistics
Market CapR153.03m
Earnings (TTM)R73.27m
Revenue (TTM)R1.21b

2.1x

P/E Ratio

0.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ELI income statement (TTM)
RevenueR1.21b
Cost of RevenueR810.82m
Gross ProfitR395.54m
ExpensesR322.27m
EarningsR73.27m

Last Reported Earnings

Apr 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.091
Gross Margin32.79%
Net Profit Margin6.07%
Debt/Equity Ratio91.1%

How did ELI perform over the long term?

See historical performance and comparison

Valuation

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

2.09x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate ELI's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate ELI's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: ELI is good value based on its PE Ratio (2.1x) compared to the Global Communications industry average (27.1x).

PE vs Market: ELI is good value based on its PE Ratio (2.1x) compared to the ZA market (11.4x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: ELI is good value based on its PB Ratio (1x) compared to the XX Communications industry average (2.1x).


Future Growth

How is Ellies Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

15.9%

Forecasted Tech 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 Ellies 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 Ellies Holdings performed over the past 5 years?

-12.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ELI has a high level of non-cash earnings.

Growing Profit Margin: ELI became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: ELI has become profitable over the past 5 years, growing earnings by -12.7% per year.

Accelerating Growth: ELI has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: ELI has become profitable in the last year, making it difficult to compare its past year earnings growth to the Communications industry (22.8%).


Return on Equity

High ROE: ELI's Return on Equity (37.2%) is considered high.


Financial Health

How is Ellies Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: ELI's short term assets (ZAR409.8M) exceed its short term liabilities (ZAR188.7M).

Long Term Liabilities: ELI's short term assets (ZAR409.8M) exceed its long term liabilities (ZAR130.9M).


Debt to Equity History and Analysis

Debt Level: ELI's debt to equity ratio (91.1%) is considered high.

Reducing Debt: ELI's debt to equity ratio has increased from 41.1% to 91.1% over the past 5 years.

Debt Coverage: ELI's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: ELI's interest payments on its debt are not well covered by EBIT (2.3x coverage).


Balance Sheet


Dividend

What is Ellies Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

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


Future Payout to Shareholders

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

3.2yrs

Average management tenure


CEO

Shaun Prithivirajh (51 yo)

3.17yrs

Tenure

R4,493,000

Compensation

Dr. Shaun Prithivirajh serves as the Chief Executive Officer and Executive Director at Ellies Holdings Ltd. since August 1, 2018 and April 4, 2019 respectively & serves as its MD. Mr. Prithivirajh was the...


CEO Compensation Analysis

Compensation vs Market: Shaun's total compensation ($USD310.92K) is about average for companies of similar size in the ZA market ($USD276.78K).

Compensation vs Earnings: Shaun's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: ELI's management team is considered experienced (3.2 years average tenure).


Board Members

Experienced Board: ELI's board of directors are not considered experienced ( 2.5 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 been diluted in the past year, with total shares outstanding growing by 29.9%.


Top Shareholders

Company Information

Ellies Holdings Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Ellies Holdings Limited
  • Ticker: ELI
  • Exchange: JSE
  • Founded: 1979
  • Industry: Communications Equipment
  • Sector: Tech
  • Market Cap: R153.026m
  • Shares outstanding: 805.40m
  • Website: https://elliesholdings.com

Number of Employees


Location

  • Ellies Holdings Limited
  • Brooklyn Place
  • 3 Centex Close
  • Sandton
  • Gauteng
  • 2090
  • South Africa

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/20 22:06
End of Day Share Price2021/10/20 00:00
Earnings2021/04/30
Annual Earnings2021/04/30


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.