Real Estate Investments Zambia PLC, together with its subsidiaries, operates as the real estate investment, development, and management company in Zambia.
Price History & Performance
|Historical stock prices|
|Current Share Price||K1.10|
|52 Week High||K0|
|52 Week Low||K0|
|1 Month Change||-12.00%|
|3 Month Change||10.00%|
|1 Year Change||-26.67%|
|3 Year Change||-81.67%|
|5 Year Change||-73.81%|
|Change since IPO||230.00%|
Recent News & Updates
|REIZ||ZM Real Estate||ZM Market|
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.
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
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
|REIZ fundamental statistics|
Is REIZ overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|REIZ income statement (TTM)|
|Cost of Revenue||K15.27m|
Last Reported Earnings
Dec 31, 2020
Next Earnings Date
|Earnings per share (EPS)||-0.53|
|Net Profit Margin||-47.75%|
How did REIZ perform over the long term?See historical performance and comparison
Is Real Estate Investments Zambia undervalued compared to its fair value and its price relative to the market?
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).
How is Real Estate Investments Zambia forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
How has Real Estate Investments Zambia performed over the past 5 years?
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.
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).
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.
How experienced are the management team and are they aligned to shareholders interests?
Average management 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...
Experienced Management: REIZ's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.
Experienced Board: REIZ's board of directors are considered experienced (9.8 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Real Estate Investments Zambia PLC's employee growth, exchange listings and data sources
- 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
- Real Estate Investments Zambia PLC
- Farmers House, Stand 2713
- Central Park
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/17 18:01|
|End of Day Share Price||2021/10/13 00:00|
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.