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ZAME

Metal Fabricators of ZambiaLUSE:ZAMEFA Stock Report

Market Cap

K129.5m

7D

0%

1Y

n/a

Updated

21 Oct, 2021

Data

Company Financials
ZAMEFA fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

ZAMEFA Overview

Metal Fabricators of Zambia Plc manufactures and sells copper rods, and copper and aluminum electrical conductors in the Republic of Zambia.

Price History & Performance

Summary of all time highs, changes and price drops for Metal Fabricators of Zambia
Historical stock prices
Current Share PriceK4.78
52 Week HighK0
52 Week LowK0
Beta-0.0031
1 Month Change0%
3 Month Change0%
1 Year Changen/a
3 Year Change-0.83%
5 Year Change-4.40%
Change since IPO165.56%

Recent News & Updates

Shareholder Returns

ZAMEFAZM ElectricalZM Market
7D0%0.8%-2.6%
1Yn/a12.4%69.8%

Return vs Industry: Insufficient data to determine how ZAMEFA performed against the ZM Electrical industry.

Return vs Market: Insufficient data to determine how ZAMEFA performed against the ZM Market.

Price Volatility

Is ZAMEFA's price volatile compared to industry and market?
ZAMEFA volatility
ZAMEFA Beta-0.0031
Industry Beta0.53
Market Beta1

Stable Share Price: Insufficient data to determine ZAMEFA's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine ZAMEFA's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
1968294Kangwa Bwalyahttps://www.zamefa.com

Metal Fabricators of Zambia Plc manufactures and sells copper rods, and copper and aluminum electrical conductors in the Republic of Zambia. The company’s products include low voltage cables (600/1000v), medium voltage power cables, building wires, bare copper earth wires, flexible cables and wires, aluminum overhead conductors, aerial bundle conductors, medium voltage paper-insulated cable, and copper shapes, as well as general insulated wires. It also sells telecommunications cables; and exports its products to various sub-Saharan countries.

Metal Fabricators of Zambia Fundamentals Summary

How do Metal Fabricators of Zambia's earnings and revenue compare to its market cap?
ZAMEFA fundamental statistics
Market CapK129.49m
Earnings (TTM)-K39.99m
Revenue (TTM)K1.74b

0.07x

P/S Ratio

-3.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ZAMEFA income statement (TTM)
RevenueK1.74b
Cost of RevenueK1.63b
Gross ProfitK111.81m
ExpensesK151.80m
Earnings-K39.99m

Last Reported Earnings

Mar 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-1.48
Gross Margin6.41%
Net Profit Margin-2.29%
Debt/Equity Ratio142.8%

How did ZAMEFA perform over the long term?

See historical performance and comparison

Valuation

Is Metal Fabricators of Zambia undervalued compared to its fair value and its price relative to the market?

1.13x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: ZAMEFA is unprofitable, so we can't compare its PE Ratio to the African Electrical industry average.

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


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: ZAMEFA's PB Ratio (1.1x) is in line with the XF Electrical industry average.


Future Growth

How is Metal Fabricators of Zambia forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

24.5%

Forecasted Capital Goods 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 Metal Fabricators of Zambia 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 Metal Fabricators of Zambia performed over the past 5 years?

-46.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ZAMEFA is currently unprofitable.

Growing Profit Margin: ZAMEFA is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ZAMEFA is unprofitable, and losses have increased over the past 5 years at a rate of 46.3% per year.

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

Earnings vs Industry: ZAMEFA is unprofitable, making it difficult to compare its past year earnings growth to the Electrical industry (40%).


Return on Equity

High ROE: ZAMEFA has a negative Return on Equity (-34.9%), as it is currently unprofitable.


Financial Health

How is Metal Fabricators of Zambia's financial position?


Financial Position Analysis

Short Term Liabilities: ZAMEFA's short term assets (ZMW790.7M) do not cover its short term liabilities (ZMW805.6M).

Long Term Liabilities: ZAMEFA's short term assets (ZMW790.7M) exceed its long term liabilities (ZMW6.1M).


Debt to Equity History and Analysis

Debt Level: ZAMEFA's debt to equity ratio (142.8%) is considered high.

Reducing Debt: ZAMEFA's debt to equity ratio has reduced from 195.8% to 142.8% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: ZAMEFA has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: ZAMEFA has less than a year of cash runway if free cash flow continues to reduce at historical rates of 19.2% each year


Dividend

What is Metal Fabricators of Zambia current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

Dividend Coverage: ZAMEFA is not paying a notable dividend for the ZM market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ZAMEFA's dividend in 3 years as they are not forecast to pay a notable one for the ZM market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.2yrs

Average management tenure


CEO

Kangwa Bwalya

0.083

Tenure

Mr. Kangwa D. Bwalya serves as Managing Director and Director at Metal Fabricators of Zambia Plc since September 2021 and served as its Financial Controller. He has experience and has held several senior l...


Leadership Team

Experienced Management: ZAMEFA's management team is seasoned and experienced (5.2 years average tenure).


Board Members

Experienced Board: ZAMEFA's board of directors are considered experienced (4.5 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

Metal Fabricators of Zambia Plc's employee growth, exchange listings and data sources


Key Information

  • Name: Metal Fabricators of Zambia Plc
  • Ticker: ZAMEFA
  • Exchange: LUSE
  • Founded: 1968
  • Industry: Electrical Components and Equipment
  • Sector: Capital Goods
  • Market Cap: K129.491m
  • Shares outstanding: 27.09m
  • Website: https://www.zamefa.com

Number of Employees


Location

  • Metal Fabricators of Zambia Plc
  • Plot 1400
  • H. Figov Road
  • Luanshya
  • Zambia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/21 18:01
End of Day Share Price2021/09/24 00:00
Earnings2021/03/31
Annual Earnings2020/09/30


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.