Cassava Smartech Zimbabwe Limited, through its subsidiaries, provides digital solutions to support socio-economic development in Zimbabwe.
Price History & Performance
|Historical stock prices|
|Current Share Price||Z$31.46|
|52 Week High||Z$0|
|52 Week Low||Z$0|
|1 Month Change||36.78%|
|3 Month Change||109.68%|
|1 Year Change||630.95%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||2,007.22%|
Recent News & Updates
|CSZL||ZW Diversified Financial||ZW Market|
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.
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
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
|CSZL fundamental statistics|
Is CSZL overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CSZL income statement (TTM)|
|Cost of Revenue||Z$0|
Last Reported Earnings
Aug 31, 2020
Next Earnings Date
|Earnings per share (EPS)||-0.74|
|Net Profit Margin||308.17%|
How did CSZL perform over the long term?See historical performance and comparison
Is Cassava SmarTech Zimbabwe undervalued compared to its fair value and its price relative to the market?
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).
How is Cassava SmarTech Zimbabwe forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
How has Cassava SmarTech Zimbabwe performed over the past 5 years?
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.
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
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.
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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Edmore Chibi (50 yo)
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...
Experienced Board: CSZL's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Cassava SmarTech Zimbabwe Limited's employee growth, exchange listings and data sources
- 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
- Cassava SmarTech Zimbabwe Limited
- 1906 Borrowdale Road
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/18 15:01|
|End of Day Share Price||2021/10/01 00:00|