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REIZ

Real Estate Investments Zambia LUSE:REIZ Stock Report

Last Price

K1.63

Market Cap

K92.0m

7D

0%

1Y

30.4%

Updated

27 Sep, 2022

Data

Company Financials
REIZ fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
Dividends0/6

REIZ Stock Overview

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

Real Estate Investments Zambia Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Real Estate Investments Zambia
Historical stock prices
Current Share PriceK1.63
52 Week HighK0
52 Week LowK0
Beta-0.70
1 Month Change0.62%
3 Month Change25.39%
1 Year Change30.40%
3 Year Change-71.90%
5 Year Change-70.36%
Change since IPO389.00%

Recent News & Updates

Shareholder Returns

REIZZM Real EstateZM Market
7D0%-2.6%0.8%
1Y30.4%-16.3%55.7%

Return vs Industry: REIZ exceeded the ZM Real Estate industry which returned -16.3% over the past year.

Return vs Market: REIZ underperformed the ZM Market which returned 55.7% over the past year.

Price Volatility

Is REIZ's price volatile compared to industry and market?
REIZ volatility
REIZ Average Weekly Movementn/a
Real Estate Industry Average Movement5.6%
Market Average Movement2.7%
10% most volatile stocks in ZM Market7.1%
10% least volatile stocks in ZM Market0.7%

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 commercial 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 CapK92.03m
Earnings (TTM)-K324.51m
Revenue (TTM)K58.80m

1.6x

P/S Ratio

-0.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
REIZ income statement (TTM)
RevenueK58.80m
Cost of RevenueK12.17m
Gross ProfitK46.63m
Other ExpensesK371.14m
Earnings-K324.51m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-5.75
Gross Margin79.30%
Net Profit Margin-551.87%
Debt/Equity Ratio60.2%

How did REIZ perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is REIZ undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for REIZ?

Other financial metrics that can be useful for relative valuation.

REIZ key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue7.1x
Enterprise Value/EBITDA14.4x
PEG Ration/a

Price to Sales Ratio vs Peers

How does REIZ's PS Ratio compare to its peers?

REIZ PS Ratio vs Peers
The above table shows the PS ratio for REIZ vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average4.6x
TEMP Tempus Capital
7.4xn/aCA$8.2m
GUF Gulf & Pacific Equities
1.9xn/aCA$7.8m
CSD.N0000 Seylan Developments
5.4xn/aLK₨2.0b
505302 Lakshmi Automatic Loom Works
3.8xn/a₹459.9m
REIZ Real Estate Investments Zambia
1.6xn/aK92.0m

Price-To-Sales vs Peers: REIZ is good value based on its Price-To-Sales Ratio (1.6x) compared to the peer average (4.6x).


Price to Earnings Ratio vs Industry

How does REIZ's PE Ratio compare vs other companies in the African Real Estate Industry?

Price-To-Sales vs Industry: REIZ is good value based on its Price-To-Sales Ratio (1.6x) compared to the African Real Estate industry average (4.1x)


Price to Sales Ratio vs Fair Ratio

What is REIZ's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

REIZ PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1.6x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate REIZ's Price-To-Sales Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of REIZ when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: REIZ (ZMW1.63) is trading above our estimate of fair value (ZMW0.24)

Significantly Below Fair Value: REIZ is trading above our estimate of fair value.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


21.1%

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.


Discover growth companies

  • Take a look at our analysis of REIZ’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.

Past Performance

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

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-94.7%

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 94.7% 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 (15.3%).


Return on Equity

High ROE: REIZ has a negative Return on Equity (-71%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is Real Estate Investments Zambia's financial position?

Financial Health Score

0/6

Financial Health Score 0/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: REIZ's short term assets (ZMW22.7M) do not cover its short term liabilities (ZMW231.8M).

Long Term Liabilities: REIZ's short term assets (ZMW22.7M) do not cover its long term liabilities (ZMW128.2M).


Debt to Equity History and Analysis

Debt Level: REIZ's net debt to equity ratio (60%) is considered high.

Reducing Debt: REIZ's debt to equity ratio has increased from 15.5% to 60.2% over the past 5 years.

Debt Coverage: REIZ's debt is not well covered by operating cash flow (4%).

Interest Coverage: REIZ's interest payments on its debt are not well covered by EBIT (0.8x coverage).


Balance Sheet


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Dividend

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

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

Real Estate Investments Zambia Dividend Yield vs Market
How does Real Estate Investments Zambia dividend yield compare to the market?
SegmentDividend Yield
Company (Real Estate Investments Zambia)0%
Market Bottom 25% (ZM)4.4%
Market Top 25% (ZM)9.9%
Industry Average (Real Estate)6.4%
Analyst forecast in 3 Years (Real Estate Investments Zambia)n/a

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.


Earnings Payout to Shareholders

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


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as REIZ has not reported any payouts.


Discover strong dividend paying companies

Management

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

1.8yrs

Average management tenure


CEO

Urvesh Desai

1.83yrs

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 ( 1.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: REIZ's board of directors are seasoned and experienced ( 10.7 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

What is the ownership structure of REIZ?
Owner TypeNumber of SharesOwnership Percentage
Individual Insiders57,3260.1%
General Public3,828,6706.8%
State or Government4,206,6917.5%
Private Companies19,296,35634.2%
Institutions29,071,15551.5%

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


Top Shareholders

Top 13 shareholders own 93.22% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
18.79%
Saturnia Regna Pension Trust
10,607,257ZMW17.3m0%7.55%
16.43%
Union Gold Group Limited
9,273,779ZMW15.1m0%no data
15.98%
LHG Malta Holdings Limited
9,022,577ZMW14.7m0%no data
10.08%
National Pension Scheme Authority
5,691,431ZMW9.3m0%0.58%
9.5%
Standard Chartered Bank, Asset Management Arm
5,363,724ZMW8.7m0%0.07%
7.45%
Workers Compensation Fund Control Board
4,206,691ZMW6.9m0%no data
4.21%
Standard Chartered Bank Pension Trust Fund
2,377,279ZMW3.9m0%13.16%
2.48%
Konkola Copper Mines Plc, ESOP
1,400,179ZMW2.3m0%7.3%
2.45%
Zambia Sugar Plc., Employee Share Ownership Plan
1,384,693ZMW2.3m0%no data
2.3%
Boston Partners Global Investors, Inc.
1,298,186ZMW2.1m0%no data
1.77%
Kwacha Pension Trust Fund
1,000,000ZMW1.6m0%no data
1.68%
Stanbic Bank Pension Fund
948,406ZMW1.5m0%10.64%
0.1%
S. O'Donnell
57,326ZMW93.4k0%no data

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
  • Implied Market Cap: K92.030m
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
REIZLUSE (Lusaka Stock Exchange)YesOrdinary SharesZMZMWApr 1996
REIZ PREFLUSE (Lusaka Stock Exchange)8% CUM PREF USD1ZMZMWSep 2002

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/27 00:00
End of Day Share Price2022/09/19 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.