Afrimat Limited Logo

Afrimat Limited

AFT.JO

(3.2)
Stock Price

6.799,00 ZAc

5.11% ROA

25.74% ROE

31.21x PER

Market Cap.

9.644.258.033,00 ZAc

12.5% DER

0.02% Yield

13.31% NPM

Afrimat Limited Stock Analysis

Afrimat Limited Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Afrimat Limited Fundamental Stock Analysis
# Analysis Rating
1 ROE

ROE surpassing expectations (25.2%) highlights strong profitability and efficient use of shareholders' equity, making it an appealing investment prospect.

2 ROA

This stock has a great ability to make a lot of money from the things it owns, which makes it a really good investment for smart investors.

3 DER

The stock has a low debt to equity ratio (22%), which means it has a small amount of debt compared to the ownership it holds

4 Revenue Growth

With continuous growth in revenue over the last five years, this company has proven to be a lucrative investment option, showcasing its strong financial performance.

5 Assets Growth

With continuous growth in revenue over the last five years, this company has proven to be a lucrative investment option, showcasing its strong financial performance.

6 Dividend

Investors can take comfort in the company's unwavering commitment to dividends, as it has consistently distributed payouts over the past five years, ensuring a reliable income stream.

7 PBV

The stock's PBV ratio (2.62x) reflects a fair valuation, making it an attractive option for investors seeking balanced opportunities.

8 Net Profit Growth

Despite the passage of five years, this company's net profit has not shown any improvement, highlighting a lack of growth and making it a less appealing investment prospect.

9 Graham Number

The Graham number analysis indicates that this company's stock price is likely overpriced, raising concerns about its investment potential.

10 Dividend Growth

Investors should note the company's stagnant dividend growth over the past three years, indicating limited profitability and potentially diminishing returns.

11 Buffet Intrinsic Value

The company's stock presents a potential concern as it appears overvalued (506) by Warren Buffett's formula, indicating that its market price exceeds its estimated intrinsic value.

Afrimat Limited Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Afrimat Limited Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Afrimat Limited Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Afrimat Limited Revenue
Year Revenue Growth
2005 309.164.706
2006 349.032.479 11.42%
2007 611.659.677 42.94%
2008 687.090.781 10.98%
2009 778.015.852 11.69%
2010 854.495.775 8.95%
2011 996.137.470 14.22%
2012 1.337.584.566 25.53%
2013 1.901.187.222 29.64%
2014 1.998.600.102 4.87%
2015 1.969.785.674 -1.46%
2016 2.228.157.000 11.6%
2017 2.456.782.000 9.31%
2018 2.966.399.000 17.18%
2019 3.304.376.000 10.23%
2020 3.693.759.000 10.54%
2021 4.680.078.000 21.07%
2022 4.625.960.000 -1.17%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Afrimat Limited Research and Development Expenses
Year Research and Development Expenses Growth
2005 0
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Afrimat Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
2005 0
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 72.482.000 100%
2022 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Afrimat Limited EBITDA
Year EBITDA Growth
2005 60.809.668
2006 80.679.807 24.63%
2007 144.009.650 43.98%
2008 137.725.919 -4.56%
2009 155.038.806 11.17%
2010 164.816.908 5.93%
2011 140.439.398 -17.36%
2012 218.067.709 35.6%
2013 342.615.911 36.35%
2014 363.453.165 5.73%
2015 415.768.146 12.58%
2016 538.103.000 22.73%
2017 501.652.000 -7.27%
2018 642.582.000 21.93%
2019 782.754.000 17.91%
2020 1.101.167.000 28.92%
2021 1.365.707.000 19.37%
2022 1.190.158.000 -14.75%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Afrimat Limited Gross Profit
Year Gross Profit Growth
2005 67.135.407
2006 99.266.310 32.37%
2007 195.818.932 49.31%
2008 161.714.117 -21.09%
2009 182.163.540 11.23%
2010 205.963.698 11.56%
2011 246.296.946 16.38%
2012 314.446.610 21.67%
2013 461.048.875 31.8%
2014 526.592.788 12.45%
2015 620.202.096 15.09%
2016 763.663.000 18.79%
2017 757.365.000 -0.83%
2018 923.165.000 17.96%
2019 1.065.024.000 13.32%
2020 1.459.196.000 27.01%
2021 1.713.492.000 14.84%
2022 1.666.536.000 -2.82%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Afrimat Limited Net Profit
Year Net Profit Growth
2005 39.408.809
2006 53.388.339 26.18%
2007 95.409.650 44.04%
2008 58.097.312 -64.22%
2009 72.912.631 20.32%
2010 76.540.889 4.74%
2011 90.917.042 15.81%
2012 103.035.685 11.76%
2013 154.508.627 33.31%
2014 198.104.118 22.01%
2015 222.127.980 10.82%
2016 277.824.000 20.05%
2017 245.668.000 -13.09%
2018 301.363.000 18.48%
2019 462.512.000 34.84%
2020 601.254.000 23.08%
2021 772.714.000 22.19%
2022 614.248.000 -25.8%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Afrimat Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2005 1
2006 1 0%
2007 1 0%
2008 0 0%
2009 1 0%
2010 1 0%
2011 1 0%
2012 1 0%
2013 1 100%
2014 1 0%
2015 2 0%
2016 2 0%
2017 2 0%
2018 2 50%
2019 3 33.33%
2020 6 40%
2021 6 0%
2022 4 -25%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Afrimat Limited Free Cashflow
Year Free Cashflow Growth
2005 -2.411.808
2006 33.063.818 107.29%
2007 10.938.058 -202.28%
2008 -49.682.166 122.02%
2009 96.671.045 151.39%
2010 84.602.599 -14.26%
2011 74.411.052 -13.7%
2012 86.829.150 14.3%
2013 122.533.752 29.14%
2014 99.178.105 -23.55%
2015 189.074.940 47.55%
2016 271.525.000 30.37%
2017 82.042.000 -230.96%
2018 316.595.000 74.09%
2019 522.565.000 39.42%
2020 577.213.000 9.47%
2021 132.723.000 -334.9%
2022 -108.877.000 221.9%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Afrimat Limited Operating Cashflow
Year Operating Cashflow Growth
2005 33.613.004
2006 65.745.236 48.87%
2007 71.422.658 7.95%
2008 72.587.134 1.6%
2009 134.757.595 46.14%
2010 130.579.439 -3.2%
2011 146.343.295 10.77%
2012 169.763.603 13.8%
2013 243.859.722 30.38%
2014 261.645.632 6.8%
2015 320.339.322 18.32%
2016 406.046.000 21.11%
2017 200.960.000 -102.05%
2018 410.484.000 51.04%
2019 676.810.000 39.35%
2020 767.580.000 11.83%
2021 736.555.000 -4.21%
2022 101.625.000 -624.78%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Afrimat Limited Capital Expenditure
Year Capital Expenditure Growth
2005 36.024.812
2006 32.681.418 -10.23%
2007 60.484.600 45.97%
2008 122.269.300 50.53%
2009 38.086.550 -221.03%
2010 45.976.840 17.16%
2011 71.932.243 36.08%
2012 82.934.453 13.27%
2013 121.325.970 31.64%
2014 162.467.527 25.32%
2015 131.264.382 -23.77%
2016 134.521.000 2.42%
2017 118.918.000 -13.12%
2018 93.889.000 -26.66%
2019 154.245.000 39.13%
2020 190.367.000 18.97%
2021 603.832.000 68.47%
2022 210.502.000 -186.85%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Afrimat Limited Equity
Year Equity Growth
2005 110.420.663
2006 298.057.064 62.95%
2007 463.499.526 35.69%
2008 488.108.267 5.04%
2009 564.296.605 13.5%
2010 613.118.730 7.96%
2011 668.296.430 8.26%
2012 757.921.598 11.83%
2013 823.767.311 7.99%
2014 936.999.739 12.08%
2015 1.018.349.378 7.99%
2016 1.199.372.000 15.09%
2017 1.229.320.000 2.44%
2018 1.409.517.000 12.78%
2019 1.688.907.000 16.54%
2020 2.258.407.000 25.22%
2021 3.007.200.000 24.9%
2022 3.849.014.000 21.87%
2023 4.174.672.000 7.8%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Afrimat Limited Assets
Year Assets Growth
2005 204.186.808
2006 444.281.023 54.04%
2007 660.414.544 32.73%
2008 754.581.483 12.48%
2009 843.286.618 10.52%
2010 952.880.857 11.5%
2011 1.000.377.433 4.75%
2012 1.201.263.446 16.72%
2013 1.479.417.249 18.8%
2014 1.567.670.749 5.63%
2015 1.647.705.542 4.86%
2016 2.266.325.000 27.3%
2017 2.590.629.000 12.52%
2018 2.687.012.000 3.59%
2019 2.795.262.000 3.87%
2020 4.455.320.000 37.26%
2021 5.046.297.000 11.71%
2022 5.681.132.000 11.17%
2023 6.333.986.000 10.31%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Afrimat Limited Liabilities
Year Liabilities Growth
2005 89.510.531
2006 146.174.753 38.76%
2007 195.513.124 25.24%
2008 260.812.522 25.04%
2009 278.788.278 6.45%
2010 336.554.591 17.16%
2011 328.471.152 -2.46%
2012 439.411.213 25.25%
2013 641.453.775 31.5%
2014 618.233.521 -3.76%
2015 622.619.570 0.7%
2016 1.059.406.000 41.23%
2017 1.361.309.000 22.18%
2018 1.277.495.000 -6.56%
2019 1.106.355.000 -15.47%
2020 2.196.913.000 49.64%
2021 2.039.097.000 -7.74%
2022 1.832.118.000 -11.3%
2023 2.159.314.000 15.15%

Afrimat Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
15.37
Net Income per Share
2.04
Price to Earning Ratio
31.21x
Price To Sales Ratio
4.17x
POCF Ratio
47.16
PFCF Ratio
-44.29
Price to Book Ratio
2.3
EV to Sales
4.27
EV Over EBITDA
16.61
EV to Operating CashFlow
48.64
EV to FreeCashFlow
-45.4
Earnings Yield
0.03
FreeCashFlow Yield
-0.02
Market Cap
9,64 Bil.
Enterprise Value
9,89 Bil.
Graham Number
35.65
Graham NetNet
-9.78

Income Statement Metrics

Net Income per Share
2.04
Income Quality
0.66
ROE
0.08
Return On Assets
0.16
Return On Capital Employed
0.3
Net Income per EBT
0.71
EBT Per Ebit
0.97
Ebit per Revenue
0.19
Effective Tax Rate
0.29

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.35
Operating Profit Margin
0.19
Pretax Profit Margin
0.19
Net Profit Margin
0.13

Dividends

Dividend Yield
0
Dividend Yield %
0.02
Payout Ratio
0.2
Dividend Per Share
1.5

Operating Metrics

Operating Cashflow per Share
1.35
Free CashFlow per Share
-1.45
Capex to Operating CashFlow
-2.07
Capex to Revenue
-0.18
Capex to Depreciation
-2.81
Return on Invested Capital
0.07
Return on Tangible Assets
0.05
Days Sales Outstanding
0
Days Payables Outstanding
110.07
Days of Inventory on Hand
126.29
Receivables Turnover
0
Payables Turnover
3.32
Inventory Turnover
2.89
Capex per Share
-2.8

Balance Sheet

Cash per Share
2,87
Book Value per Share
27,67
Tangible Book Value per Share
27.75
Shareholders Equity per Share
27.67
Interest Debt per Share
3.49
Debt to Equity
0.13
Debt to Assets
0.08
Net Debt to EBITDA
0.41
Current Ratio
1.34
Tangible Asset Value
3,86 Bil.
Net Current Asset Value
-0,44 Bil.
Invested Capital
0.13
Working Capital
0,43 Bil.
Intangibles to Total Assets
0.05
Average Receivables
0,00 Bil.
Average Payables
0,42 Bil.
Average Inventory
486366500
Debt to Market Cap
0.05

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Afrimat Limited Dividends
Year Dividends Growth
2007 7
2008 21 66.67%
2009 14 -50%
2010 16 12.5%
2011 17 5.88%
2012 21 19.05%
2013 31 32.26%
2014 41 24.39%
2015 53 22.64%
2016 61 13.11%
2017 70 12.86%
2018 61 -14.75%
2019 98 37.76%
2020 117 16.24%
2021 152 23.03%
2022 186 18.28%
2023 110 -69.09%

Afrimat Limited Profile

About Afrimat Limited

Afrimat Limited, an open pit mining company, provides industrial minerals and construction materials in South Africa. It operates through three segments: Construction Materials, Industrial Minerals, and Bulk Commodities. The Construction Materials segment offers clinker ash, aggregates, manufactured and natural sand, stone dust, building blocks and bricks, pavers, lintels, and ready-mix concrete. The Industrial Minerals segment provides metallurgical dolomite, metallurgical quartzite, metallurgical limestone, high calcium neutralization limestone, agricultural lime, feedlime, hydrated lime, calcium oxide, calcium hydroxide, silica sand, silica sand, ultra-fine limestone and dolomite, and dolomite fillers. The Bulk Commodities segment mines for iron ores and underground anthracites. It also offers drilling and blasting, mobile crushing, screening, and bid preparation and contractual services. The company serves industrial minerals, building, construction, road building, railroad, and mining sectors. Afrimat Limited was founded in 1963 and is headquartered in Bellville, South Africa.

CEO
Mr. Andries Johannes van Heerd
Employee
2.824
Address
Tyger Valley Office Park No. 2
Bellville, 7530

Afrimat Limited Executives & BODs

Afrimat Limited Executives & BODs
# Name Age
1 Mr. Andre Smith
Interim Deputy Chief Financial Officer
70
2 Tanya Pretorius
Head of Communications
70
3 Mr. Anton Gerber
General Manager of Human Resources
70
4 Ms. Catharine Burger
Company Secretary
70
5 Mr. Andries Johannes van Heerden B.Eng (Mech), Go
Chief Executive Officer & Executive Director
70
6 Mr. Pieter Gabriel Stephanus de Wit ACIS, BCompt Hons, CA (SA), PG Cert Tax
Chief Financial Officer & Director
70
7 Mr. Marthinus Gerhardus Odendaal
Chief Operating Officer of Mining & Executive Director
70
8 Mr. Collin Ramukhubathi
Executive Director
70

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