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AXIA

AxiaZMSE:AXIA Stock Report

Market Cap

Z$20.1b

7D

31.0%

1Y

842.5%

Updated

16 Oct, 2021

Data

Company Financials +
AXIA fundamental analysis
Snowflake Score
Valuation2/6
Future Growth5/6
Past Performance1/6
Financial Health4/6
Dividends0/6

AXIA Overview

Axia Corporation Limited engages in specialty retail and distribution business in Zimbabwe, Zambia, and Malawi.

Price History & Performance

Summary of all time highs, changes and price drops for Axia
Historical stock prices
Current Share PriceZ$36.80
52 Week HighZ$0
52 Week LowZ$0
Beta0
1 Month Change66.69%
3 Month Change76.64%
1 Year Change842.48%
3 Year Change8,079.00%
5 Year Change70,664.04%
Change since IPO48,963.07%

Recent News & Updates

Shareholder Returns

AXIAZW Commercial ServicesZW Market
7D31.0%5.4%9.9%
1Y842.5%63.5%630.3%

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.

Price Volatility

Is AXIA's price volatile compared to industry and market?
AXIA volatility
AXIA Beta0
Industry Beta0.92
Market Beta1

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

FoundedEmployeesCEOWebsite
2016693John Koumideshttps://www.axiacorpltd.com

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

How do Axia's earnings and revenue compare to its market cap?
AXIA fundamental statistics
Market CapZ$20.11b
Earnings (TTM)Z$399.11m
Revenue (TTM)Z$21.21b

50.4x

P/E Ratio

0.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
AXIA income statement (TTM)
RevenueZ$21.21b
Cost of RevenueZ$19.10b
Gross ProfitZ$2.12b
ExpensesZ$1.72b
EarningsZ$399.11m

Valuation

Is Axia undervalued compared to its fair value and its price relative to the market?

27.6%

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).


Future Growth

How is Axia forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

35.5%

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


Past Performance

How has Axia performed over the past 5 years?

-32.5%

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.


Financial Health

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).


Balance Sheet


Dividend

What is Axia current dividend yield, its reliability and sustainability?

1.86%

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.


Next Steps

Management

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


CEO

John Koumides

no data

Tenure

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...


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

Axia Corporation Limited's employee growth, exchange listings and data sources


Key Information

  • 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


Location

  • Axia Corporation Limited
  • Edward Building
  • 1st Street/Nelson Mandela Avenue
  • Harare
  • Zimbabwe

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/16 15:00
End of Day Share Price2021/10/15 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.