Eveready East Africa Business Overview and EVRD Stock Report

Eveready East Africa is a leading battery and electrical goods manufacturer in the region. It was established in 1964.

The company has a strong presence in East Africa, with a wide range of products that cater to various customer needs. Eveready East Africa has a portfolio of well-known brands that are trusted by consumers.

Eveready East Africa's business model is built on a strong distribution network that reaches across the region. This allows the company to efficiently supply its products to customers.

The company's financial performance is reflected in its stock report, with EVRD being the ticker symbol for Eveready East Africa's shares.

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Eveready East Africa has a strong leadership team that has been recognized for their leadership and organizational abilities. Njeri, the CEO, has a proven track record in managing public affairs and facilitating negotiations.

The company's leadership team includes a seasoned professional in financial services, Elsie Thuo, who has a strong background in strategic planning and market penetration. She has worked with government officials, private companies, and diplomatic organizations to create innovative and sustainable financial strategies.

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The management team is led by Wilson Gachau, Director of Finance/CFO, who has been with the company since 2016. Charles Mulila, Investor Relations Contact, and Michael Mwangi, Sales & Marketing, are also part of the team.

Here is a list of the company's directors:

Elsie Thuo, the Acting CEO, is a highly motivated and driven professional with strong communication, relationship-building, and strategic coordination skills. She is fluent in English and Swahili, with limited proficiency in French.

Eveready East Africa has consistently demonstrated strong financial performance over the years. The company's revenue has grown steadily, with a notable increase in 2019 due to the successful launch of new products.

In terms of profitability, Eveready East Africa has maintained a healthy profit margin, with a peak of 15% in 2018. This is a testament to the company's efficient operations and effective cost management.

The company's financial performance has been driven by its strong brand presence and loyal customer base, which has enabled it to maintain a high level of sales and revenue growth.

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The income statement is a snapshot of a company's financial performance over a specific period of time, typically a month, quarter, or year. It shows the company's revenues and expenses, and helps investors and analysts understand its profitability.

Revenue is the top line of the income statement, and it's the amount of money a company earns from its sales, services, and other business activities. In our example, the company generated $100,000 in revenue during the year.

Expenses, on the other hand, are the costs a company incurs to generate its revenue. These can include costs of goods sold, salaries, rent, and other operating expenses. The company had $60,000 in expenses, which is 60% of its revenue.

Net income, also known as earnings, is the profit a company makes after subtracting its expenses from its revenue. In this case, the company's net income was $40,000, which is 40% of its revenue.

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The price performance of Eveready East Africa is a mixed bag. The current share price is KSh1.34.

Over the past year, the company's stock has seen a significant increase of 26.42%. This is a positive trend, but it's essential to keep an eye on the bigger picture.

In the last 52 weeks, the stock has reached a high of KSh1.62 and a low of KSh0.75. This volatility is a sign of market fluctuations.

The 1-month change is a concerning -17.28%, which is a significant drop. However, the 3-month change of 50.56% is a notable improvement.

Here's a breakdown of the company's price performance over the past few years:

The change since the IPO is a notable -87.82%, which indicates a significant decline in the company's value since its initial public offering.

Eveready East Africa's risk profile is a key consideration for investors. The company's market capitalization is relatively small at KES281 million, which could impact its stability.

EVRD's share price has been highly volatile over the past 3 months, with significant fluctuations compared to the KE market. This volatility is a concern for investors who value stability.

EVRD's weekly volatility has been stable over the past year, but still higher than 75% of KE stocks. This suggests that the company's price movements are more unpredictable than many others in the market.

Here's a comparison of EVRD's volatility with industry and market averages:

Eveready East Africa's shareholder returns have been a mixed bag. Over the past 7 days, the company's share price rose by 3.1%, but this lags behind the KE Retail Distributors industry, which saw a 0.6% increase, and the KE Market, which rose by 0.2%.

The company's performance over the past year is also noteworthy. Its share price increased by 26.4%, which is lower than the 47.6% rise seen in the KE Retail Distributors industry and the 72.7% increase in the KE Market.

Here's a summary of Eveready East Africa's performance compared to its peers:

Eveready East Africa's stock is listed on the NSE, trading under the symbol EVRD. This makes it easily accessible for investors to buy and sell shares.

The company's shareholding is dominated by a few large shareholders. East Africa Batteries Limited holds the largest stake, with a whopping 58.64% ownership.

Industrial & Commercial Development Corporation is the second-largest shareholder, controlling 29.22% of the company's stock. The remaining 12.14% is held by other investors.

Here's a breakdown of the top shareholders:

Eveready East Africa is listed on the Nairobi Securities Exchange, making it a publicly traded company.

The company has undergone changes in its name, with the current name being Eveready East Africa, adopted in 2004.

Eveready East Africa has diversified its product line, including under the Schick brand, following the acquisition of Schick-Wilkinson Sword by Energizer Holdings in 2004.

The company's products include batteries, shaving razors, blades, and accessories, as well as Clorox household products.

Eveready East Africa is one of Africa's largest battery manufacturers.

Here are some key financial milestones for Eveready East Africa:

When looking at shareholder returns, it's essential to consider the performance of a company over different time periods.

EVRD, KE Retail Distributors, and KE Market have all shown varying levels of returns over the past 7 days and 1 year.

EVRD returned 3.1% over the past 7 days, while KE Retail Distributors returned 0.6% and KE Market returned 0.2%.

Over the past year, EVRD returned 26.4%, which is lower than the 47.6% return of KE Retail Distributors and the 72.7% return of KE Market.

Here's a comparison of the returns: