Axia Corporation Limited engages in specialty retail and distribution business in Zimbabwe, Zambia, and Malawi.
Price History & Performance
|Historical stock prices|
|Current Share Price||Z$36.80|
|52 Week High||Z$0|
|52 Week Low||Z$0|
|1 Month Change||66.69%|
|3 Month Change||76.64%|
|1 Year Change||842.48%|
|3 Year Change||8,079.00%|
|5 Year Change||70,664.04%|
|Change since IPO||48,963.07%|
Recent News & Updates
|AXIA||ZW Commercial Services||ZW Market|
Return vs Industry: AXIA exceeded the ZW Commercial Services industry which returned 63.5% over the past year.
Return vs Market: AXIA exceeded the ZW Market which returned 630.3% over the past year.
Stable Share Price: AXIA is not significantly more volatile than the rest of ZW stocks over the past 3 months, typically moving +/- 12% a week.
Volatility Over Time: AXIA's weekly volatility (12%) has been stable over the past year.
About the Company
Axia Corporation Limited engages in specialty retail and distribution business in Zimbabwe, Zambia, and Malawi. The company is involved in the retail of homeware furniture and electrical appliances, and automotive spares; and distributes fast moving consumer goods. It also provides in inbound clearing and bonded warehousing, ambient and chilled/frozen warehousing, logistics, marketing, sales, and merchandising services; and owns 2 warehouses and leases 5 warehouses, as well as has a fleet of 65 vehicles.
Axia Fundamentals Summary
|AXIA fundamental statistics|
Is AXIA overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|AXIA income statement (TTM)|
|Cost of Revenue||Z$19.10b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.73|
|Net Profit Margin||1.88%|
How did AXIA perform over the long term?See historical performance and comparison
Is Axia 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: AXIA (ZWL36.8) is trading below our estimate of fair value (ZWL50.85)
Significantly Below Fair Value: AXIA is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: AXIA is poor value based on its PE Ratio (50.4x) compared to the African Commercial Services industry average (11.5x).
PE vs Market: AXIA is poor value based on its PE Ratio (50.4x) compared to the ZW market (10.9x).
Price to Earnings Growth Ratio
PEG Ratio: AXIA is poor value based on its PEG Ratio (1.4x)
Price to Book Ratio
PB vs Industry: AXIA is overvalued based on its PB Ratio (7.9x) compared to the XF Commercial Services industry average (1.2x).
How is Axia forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AXIA's forecast earnings growth (35.5% per year) is above the savings rate (9.1%).
Earnings vs Market: AXIA's earnings (35.5% per year) are forecast to grow faster than the ZW market (12.7% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: AXIA's revenue (23.1% per year) is forecast to grow faster than the ZW market (6.9% per year).
High Growth Revenue: AXIA's revenue (23.1% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if AXIA's Return on Equity is forecast to be high in 3 years time
How has Axia performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AXIA has a high level of non-cash earnings.
Growing Profit Margin: AXIA's current net profit margins (1.9%) are lower than last year (4.4%).
Past Earnings Growth Analysis
Earnings Trend: AXIA's earnings have declined by 32.5% per year over the past 5 years.
Accelerating Growth: AXIA's earnings growth over the past year (14.4%) exceeds its 5-year average (-32.5% per year).
Earnings vs Industry: AXIA earnings growth over the past year (14.4%) underperformed the Commercial Services industry 14.4%.
Return on Equity
High ROE: AXIA's Return on Equity (14.9%) is considered low.
How is Axia's financial position?
Financial Position Analysis
Short Term Liabilities: AXIA's short term assets (ZWL7.4B) exceed its short term liabilities (ZWL4.3B).
Long Term Liabilities: AXIA's short term assets (ZWL7.4B) exceed its long term liabilities (ZWL631.1M).
Debt to Equity History and Analysis
Debt Level: AXIA's debt to equity ratio (27.7%) is considered satisfactory.
Reducing Debt: AXIA's debt to equity ratio has increased from 26.7% to 27.7% over the past 5 years.
Debt Coverage: AXIA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: AXIA's interest payments on its debt are well covered by EBIT (4.4x coverage).
What is Axia current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate AXIA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate AXIA'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 AXIA's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AXIA's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: AXIA is not paying a notable dividend for the ZW market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of AXIA's dividend in 3 years as they are not forecast to pay a notable one for the ZW market.
How experienced are the management team and are they aligned to shareholders interests?
Mr. John Koumides serves as Group Chief Executive Officer at Axia Corporation Limited. Mr. Koumides served as Executive Director of Corporate Finance at Innscor Africa Ltd. until July 2016.He served as Gr...
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.
Axia Corporation Limited's employee growth, exchange listings and data sources
- Name: Axia Corporation Limited
- Ticker: AXIA
- Exchange: ZMSE
- Founded: 2016
- Industry: Diversified Support Services
- Sector: Commercial Services
- Market Cap: Z$20.109b
- Shares outstanding: 546.47m
- Website: https://www.axiacorpltd.com
Number of Employees
- Axia Corporation Limited
- Edward Building
- 1st Street/Nelson Mandela Avenue
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/16 15:00|
|End of Day Share Price||2021/10/15 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.