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CSZL

Cassava SmarTech ZimbabweZMSE:CSZL Stock Report

Market Cap

Z$81.5b

7D

0%

1Y

631.0%

Updated

18 Oct, 2021

Data

Company Financials
CSZL fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health1/6
Dividends0/6

CSZL Overview

Cassava Smartech Zimbabwe Limited, through its subsidiaries, provides digital solutions to support socio-economic development in Zimbabwe.

Price History & Performance

Summary of all time highs, changes and price drops for Cassava SmarTech Zimbabwe
Historical stock prices
Current Share PriceZ$31.46
52 Week HighZ$0
52 Week LowZ$0
Beta-0.38
1 Month Change36.78%
3 Month Change109.68%
1 Year Change630.95%
3 Year Changen/a
5 Year Changen/a
Change since IPO2,007.22%

Recent News & Updates

Shareholder Returns

CSZLZW Diversified FinancialZW Market
7D0%-1.0%7.3%
1Y631.0%32.7%650.4%

Return vs Industry: CSZL exceeded the ZW Diversified Financial industry which returned 37.2% over the past year.

Return vs Market: CSZL underperformed the ZW Market which returned 646.9% over the past year.

Price Volatility

Is CSZL's price volatile compared to industry and market?
CSZL volatility
CSZL Beta-0.38
Industry Beta0.67
Market Beta1

Stable Share Price: CSZL is more volatile than 75% of ZW stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: CSZL's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of ZW stocks.

About the Company

FoundedEmployeesCEOWebsite
n/an/aEdmore Chibihttps://cassavasmartech.com

Cassava Smartech Zimbabwe Limited, through its subsidiaries, provides digital solutions to support socio-economic development in Zimbabwe. The company offers multi-mobile financial, digital banking, and international remittances services, as well as payment services, such as electronic payments and point of sale solutions. It also provides micro-insurance solutions for funeral, auto, education, and health.

Cassava SmarTech Zimbabwe Fundamentals Summary

How do Cassava SmarTech Zimbabwe's earnings and revenue compare to its market cap?
CSZL fundamental statistics
Market CapZ$81.49b
Earnings (TTM)-Z$1.92b
Revenue (TTM)n/a

-131.1x

P/S Ratio

-42.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CSZL income statement (TTM)
Revenue-Z$621.45m
Cost of RevenueZ$0
Gross Profit-Z$621.45m
ExpensesZ$1.29b
Earnings-Z$1.92b

Last Reported Earnings

Aug 31, 2020

Next Earnings Date

n/a

Earnings per share (EPS)-0.74
Gross Margin100.00%
Net Profit Margin308.17%
Debt/Equity Ratio0.0%

How did CSZL perform over the long term?

See historical performance and comparison

Valuation

Is Cassava SmarTech Zimbabwe undervalued compared to its fair value and its price relative to the market?

29.29x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate CSZL's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate CSZL's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: CSZL is unprofitable, so we can't compare its PE Ratio to the African Diversified Financial industry average.

PE vs Market: CSZL is unprofitable, so we can't compare its PE Ratio to the ZW market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate CSZL's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: CSZL is overvalued based on its PB Ratio (29.3x) compared to the XF Diversified Financial industry average (0.8x).


Future Growth

How is Cassava SmarTech Zimbabwe forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

15.3%

Forecasted Diversified Financials 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 Cassava SmarTech Zimbabwe 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 Cassava SmarTech Zimbabwe performed over the past 5 years?

-1,125.9%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: CSZL is currently unprofitable.

Growing Profit Margin: CSZL is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if CSZL's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Unable to compare CSZL's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: CSZL is unprofitable, making it difficult to compare its past year earnings growth to the Diversified Financial industry (32.9%).


Return on Equity

High ROE: CSZL has a negative Return on Equity (-66.84%), as it is currently unprofitable.


Financial Health

How is Cassava SmarTech Zimbabwe's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: CSZL's Assets to Equity ratio (5.2x) is low.

Allowance for Bad Loans: Insufficient data to determine if CSZL has a sufficient allowance for bad loans.

Low Risk Liabilities: 86% of CSZL's liabilities are made up of primarily higher risk sources of funding.

Loan Level: Insufficient data to determine if CSZL has an appropriate level of Loans to Assets ratio.

Low Risk Deposits: Insufficient data to determine if CSZL has an [appropriate level of Loans to Deposits ratio.

Level of Bad Loans: Insufficient data to determine if CSZL has an appropriate level of bad loans.


Dividend

What is Cassava SmarTech Zimbabwe current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate CSZL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate CSZL'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 CSZL's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CSZL's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of CSZL'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?

2.0yrs

Average board tenure


CEO

Edmore Chibi (50 yo)

no data

Tenure

Mr. Edmore Chibi is the Chief Executive Officer for Cassava SmarTech Zimbabwe. He joined the Econet Group in 2000 and has over 21 years’ experience in the Telecoms, ISP & Mobile Financial Services. The Ca...


Board Members

Experienced Board: CSZL's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.


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

Cassava SmarTech Zimbabwe Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Cassava SmarTech Zimbabwe Limited
  • Ticker: CSZL
  • Exchange: ZMSE
  • Founded: NaN
  • Industry: Other Diversified Financial Services
  • Sector: Diversified Financials
  • Market Cap: Z$81.491b
  • Shares outstanding: 2.59b
  • Website: https://cassavasmartech.com

Location

  • Cassava SmarTech Zimbabwe Limited
  • 1906 Borrowdale Road
  • Harare
  • Zimbabwe

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/18 15:01
End of Day Share Price2021/10/01 00:00
Earnings2020/08/31
Annual Earnings2020/02/29


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.