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REIZ

Real Estate Investments ZambiaLUSE:REIZ Stock Report

Market Cap

K62.1m

7D

-12.0%

1Y

-26.7%

Updated

17 Oct, 2021

Data

Company Financials
REIZ fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
Dividends0/6

REIZ Overview

Real Estate Investments Zambia PLC, together with its subsidiaries, operates as the real estate investment, development, and management company in Zambia.

Price History & Performance

Summary of all time highs, changes and price drops for Real Estate Investments Zambia
Historical stock prices
Current Share PriceK1.10
52 Week HighK0
52 Week LowK0
Beta-0.65
1 Month Change-12.00%
3 Month Change10.00%
1 Year Change-26.67%
3 Year Change-81.67%
5 Year Change-73.81%
Change since IPO230.00%

Recent News & Updates

Shareholder Returns

REIZZM Real EstateZM Market
7D-12.0%-1.5%0.4%
1Y-26.7%34.5%88.6%

Return vs Industry: REIZ underperformed the ZM Real Estate industry which returned 33.3% over the past year.

Return vs Market: REIZ underperformed the ZM Market which returned 88.6% over the past year.

Price Volatility

Is REIZ's price volatile compared to industry and market?
REIZ volatility
REIZ Beta-0.65
Industry Beta0.83
Market Beta1

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

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

About the Company

FoundedEmployeesCEOWebsite
n/a18Urvesh Desaihttps://www.realinvestzambia.com

Real Estate Investments Zambia PLC, together with its subsidiaries, operates as the real estate investment, development, and management company in Zambia. It operates through two segments, Retail; and Office and Residential. The company also engages in the restructuring of commercial, residential, and other non-commercial properties for letting.

Real Estate Investments Zambia Fundamentals Summary

How do Real Estate Investments Zambia's earnings and revenue compare to its market cap?
REIZ fundamental statistics
Market CapK62.11m
Earnings (TTM)-K29.85m
Revenue (TTM)K62.52m

1.0x

P/S Ratio

-2.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
REIZ income statement (TTM)
RevenueK62.52m
Cost of RevenueK15.27m
Gross ProfitK47.25m
ExpensesK77.10m
Earnings-K29.85m

Last Reported Earnings

Dec 31, 2020

Next Earnings Date

n/a

Earnings per share (EPS)-0.53
Gross Margin75.57%
Net Profit Margin-47.75%
Debt/Equity Ratio48.7%

How did REIZ perform over the long term?

See historical performance and comparison

Valuation

Is Real Estate Investments Zambia undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: REIZ (ZMW1.1) is trading below our estimate of fair value (ZMW4.43)

Significantly Below Fair Value: REIZ is trading below fair value by more than 20%.


Price To Earnings Ratio

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

PE vs Market: REIZ 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 REIZ's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: REIZ is good value based on its PB Ratio (0.1x) compared to the XF Real Estate industry average (1x).


Future Growth

How is Real Estate Investments Zambia forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

37.9%

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 Real Estate Investments 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 Real Estate Investments Zambia performed over the past 5 years?

-85.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: REIZ is currently unprofitable.

Growing Profit Margin: REIZ is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: REIZ is unprofitable, and losses have increased over the past 5 years at a rate of 85.1% per year.

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

Earnings vs Industry: REIZ is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (-1.9%).


Return on Equity

High ROE: REIZ has a negative Return on Equity (-3.82%), as it is currently unprofitable.


Financial Health

How is Real Estate Investments Zambia's financial position?


Financial Position Analysis

Short Term Liabilities: REIZ's short term assets (ZMW30.8M) do not cover its short term liabilities (ZMW74.7M).

Long Term Liabilities: REIZ's short term assets (ZMW30.8M) do not cover its long term liabilities (ZMW409.0M).


Debt to Equity History and Analysis

Debt Level: REIZ's debt to equity ratio (48.7%) is considered high.

Reducing Debt: REIZ's debt to equity ratio has increased from 16.5% to 48.7% over the past 5 years.

Debt Coverage: REIZ's debt is not well covered by operating cash flow (12.4%).

Interest Coverage: REIZ's interest payments on its debt are not well covered by EBIT (0.6x coverage).


Balance Sheet


Dividend

What is Real Estate Investments Zambia current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

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


Future Payout to Shareholders

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

0.9yrs

Average management tenure


CEO

Urvesh Desai

0.92

Tenure

Mr. Urvesh Desai serves as Chief Executive Officer at Real Estate Investments Zambia PLC since November 01, 2020. Mr. Desai is an accomplished and seasoned senior executive with experience in various marke...


Leadership Team

Experienced Management: REIZ's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.


Board Members

Experienced Board: REIZ's board of directors are considered experienced (9.8 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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Real Estate Investments Zambia PLC's employee growth, exchange listings and data sources


Key Information

  • Name: Real Estate Investments Zambia PLC
  • Ticker: REIZ
  • Exchange: LUSE
  • Founded: NaN
  • Industry: Real Estate Operating Companies
  • Sector: Real Estate
  • Market Cap: K62.106m
  • Shares outstanding: 56.46m
  • Website: https://www.realinvestzambia.com

Number of Employees


Location

  • Real Estate Investments Zambia PLC
  • Farmers House, Stand 2713
  • Central Park
  • Lusaka
  • Zambia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/17 18:01
End of Day Share Price2021/10/13 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.