African Distillers (AFDS) Stock Overview

Manufactures, distributes, and markets branded wines, spirits, and ciders in Zimbabwe. More details

AFDS fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	2/6
Financial Health	5/6
Dividends	2/6

Risk Analysis

High level of non-cash earnings

Dividend of 0.018% is not well covered by free cash flows

Profit margins (8.6%) are lower than last year (14.7%)

AFDS Community Fair Values

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African Distillers Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for African Distillers
Historical stock prices
Current Share Price	7.15
52 Week High	0
52 Week Low	0
Beta	0
1 Month Change	0.70%
3 Month Change	10.00%
1 Year Change	2.14%
3 Year Change	6,378.44%
5 Year Change	111,566.41%
Change since IPO	3,501.29%

Recent updates

Shareholder Returns

	AFDS	ZW Beverage	ZW Market
7D	0%	0.04%	-2.3%
1Y	2.1%	-19.5%	-19.8%

Return vs Industry: AFDS exceeded the ZW Beverage industry which returned -19.5% over the past year.

Return vs Market: AFDS exceeded the ZW Market which returned -17.2% over the past year.

Price Volatility

Is AFDS's price volatile compared to industry and market?
AFDS volatility
AFDS Average Weekly Movement	2.2%
Beverage Industry Average Movement	3.2%
Market Average Movement	8.2%
10% most volatile stocks in ZW Market	15.7%
10% least volatile stocks in ZW Market	3.5%

Stable Share Price: AFDS has not had significant price volatility in the past 3 months compared to the ZW market.

Volatility Over Time: AFDS's weekly volatility (2%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1944	n/a	Stanley Muchenje	www.africandistillers.co.zw

African Distillers Limited manufactures, distributes, and markets branded wines, spirits, and ciders in Zimbabwe. It offers brandy, cane, gin, whisky, liquor, spirit cooler, and vodka products. The company was founded in 1944 and is based in Harare, Zimbabwe.

African Distillers Limited Fundamentals Summary

How do African Distillers's earnings and revenue compare to its market cap?
AFDS fundamental statistics
Market cap	858.00m
Earnings (TTM)	661.21k
Revenue (TTM)	7.71m

0.0x

P/E Ratio

0.0x

P/S Ratio

Is AFDS overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AFDS income statement (TTM)
Revenue	US$59.72m
Cost of Revenue	US$43.50m
Gross Profit	US$16.22m
Other Expenses	US$11.09m
Earnings	US$5.12m

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)	0
Gross Margin	27.15%
Net Profit Margin	8.58%
Debt/Equity Ratio	42.4%

How did AFDS perform over the long term?

See historical performance and comparison

Dividends

0.02%

Current Dividend Yield

23%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/10/03 16:02
End of Day Share Price	2025/10/03 00:00
Earnings	2025/03/31
Annual Earnings	2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

African Distillers Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Addmore Chakurira	Momentum Securities (Pty) Ltd

African Distillers LimitedZMSE:AFDS Stock Report