| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
PROL Overview
Proplastics Limited, together with its subsidiary, manufactures and sells plastic pipes in Zimbabwe.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | Z$30.00 |
| 52 Week High | Z$0 |
| 52 Week Low | Z$0 |
| Beta | -0.63 |
| 1 Month Change | 11.11% |
| 3 Month Change | 8.30% |
| 1 Year Change | 425.40% |
| 3 Year Change | 17,131.48% |
| 5 Year Change | 99,900.00% |
| Change since IPO | 149,900.00% |
Recent News & Updates
Shareholder Returns
| PROL | ZW Building | ZW Market | |
|---|---|---|---|
| 7D | -16.7% | -7.7% | 24.5% |
| 1Y | 425.4% | 21.3% | 854.7% |
Return vs Industry: PROL exceeded the ZW Building industry which returned 26.5% over the past year.
Return vs Market: PROL underperformed the ZW Market which returned 870% over the past year.
Price Volatility
| PROL volatility | |
|---|---|
| PROL Beta | -0.63 |
| Industry Beta | 0.51 |
| Market Beta | 1 |
Stable Share Price: PROL is not significantly more volatile than the rest of ZW stocks over the past 3 months, typically moving +/- 12% a week.
Volatility Over Time: PROL's weekly volatility (12%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1965 | n/a | Kuda Chigiya | https://www.proplastics.co.zw |
Proplastics Limited, together with its subsidiary, manufactures and sells plastic pipes in Zimbabwe. Its products include polyvinyl chloride, high-density polyethylene, and low-density polyethylene pipes and related fittings. The company also provides sewer pipes and fittings, borehole casings, electrical conduits and cable ducting, uPVc rainwater gutters and fittings, minetuff pipes, and mPVC and uPVC pressure pipes, as well as soil waste and vent pipes.
Proplastics Fundamentals Summary
| PROL fundamental statistics | |
|---|---|
| Market Cap | Z$7.96b |
| Earnings (TTM) | Z$129.26m |
| Revenue (TTM) | Z$400.06m |
56.9x
P/E Ratio18.4x
P/S RatioIs PROL overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PROL income statement (TTM) | |
|---|---|
| Revenue | Z$400.06m |
| Cost of Revenue | Z$184.42m |
| Gross Profit | Z$215.64m |
| Expenses | Z$86.38m |
| Earnings | Z$129.26m |
Last Reported Earnings
Jun 30, 2020
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.53 |
| Gross Margin | 53.90% |
| Net Profit Margin | 32.31% |
| Debt/Equity Ratio | 1.5% |
How did PROL perform over the long term?
See historical performance and comparisonValuation
Is Proplastics undervalued compared to its fair value and its price relative to the market?
56.86x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate PROL's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate PROL's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: PROL is poor value based on its PE Ratio (56.9x) compared to the African Building industry average (10.4x).
PE vs Market: PROL is poor value based on its PE Ratio (56.9x) compared to the ZW market (10.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PROL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PROL is overvalued based on its PB Ratio (14.5x) compared to the XF Building industry average (1.6x).
Future Growth
How is Proplastics forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
11.4%
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 Proplastics 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 Proplastics performed over the past 5 years?
-6.1%
Last years revenue growth
Earnings and Revenue History
Quality Earnings: PROL has a high level of non-cash earnings.
Growing Profit Margin: PROL became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if PROL's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: PROL has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: PROL has become profitable in the last year, making it difficult to compare its past year earnings growth to the Building industry (6.6%).
Return on Equity
High ROE: PROL's Return on Equity (25.4%) is considered high.
Financial Health
How is Proplastics's financial position?
Financial Position Analysis
Short Term Liabilities: PROL's short term assets (ZWL177.7M) exceed its short term liabilities (ZWL114.8M).
Long Term Liabilities: PROL's short term assets (ZWL177.7M) exceed its long term liabilities (ZWL141.5M).
Debt to Equity History and Analysis
Debt Level: PROL's debt to equity ratio (1.5%) is considered satisfactory.
Reducing Debt: PROL's debt to equity ratio has reduced from 8.2% to 1.5% over the past 5 years.
Debt Coverage: PROL's debt is not well covered by operating cash flow (2.4%).
Interest Coverage: PROL's interest payments on its debt are well covered by EBIT (5.1x coverage).
Balance Sheet
Dividend
What is Proplastics's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate PROL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate PROL'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 PROL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PROL's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: PROL is not paying a notable dividend for the ZW market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of PROL's dividend in 3 years as they are not forecast to pay a notable one for the ZW market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
CEO
Kuda Chigiya
6.42yrs
Tenure
Mr. Kudakwashe Leo Chigiya, also known as Kuda, has been the Chief Executive Officer at Proplastics Limited since May 29, 2015 and serves as its Executive Director.
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
Proplastics Limited's employee growth, exchange listings and data sources
Key Information
- Name: Proplastics Limited
- Ticker: PROL
- Exchange: ZMSE
- Founded: 1965
- Industry: Building Products
- Sector: Capital Goods
- Market Cap: Z$7.962b
- Shares outstanding: 244.99m
- Website: https://www.proplastics.co.zw
Number of Employees
Location
- Proplastics Limited
- 5 Spurn Road
- Ardbennie
- Harare
- Zimbabwe
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/25 16:57 |
| End of Day Share Price | 2021/10/25 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.