•       
    20132014201520162017
    Current Assets1,211,5041,183,1571,252,2521,209,5971,206,161
    Current Liabilities544,011553,132606,850534,389617,322
    Working capital?667,493630,025645,402675,208588,839
    Total assets2,633,0932,300,3202,320,9562,223,8382,228,669
    Retained earnings1,239,7351,375,6381,422,7061,447,4971,385,344
    EBIT231,833200,850160,175132,36829,677
    Total liabilities557,033553,132606,850534,389617,587
    Sales1,242,6021,296,6791,186,4201,076,719967,626
    Price per share (as @ 31st December)125.00125.00102.0082.00107.00
    Number of shares 19,52519,52519,52519,52519,525
    Market capitalization* 2,440,625* 2,440,625* 1,991,550* 1,601,050* 2,089,175
    A0.253501490452480.273885807192040.278075930780250.303622835836060.26421106050293
    B0.470828413580530.598020275439940.612982753658410.650900380333460.62160150295984
    C0.0880458836812830.0873139389302360.0690125103621090.0595223213201680.013316019561451
    D4.384.413.283.003.38
    E0.471917247131040.563695051123320.511177290737090.484171508895880.43417214489904
    1.2A0.304201788542980.328662968630450.33369111693630.364347403003280.31705327260351
    1.4B0.659159779012740.837228385615910.858175855121770.911260532466840.87024210414377
    3.3C0.290551416148230.288135998469780.227741284194960.196423660356550.043942864552789
    0.6D2.632.651.971.802.03
    1.0E0.471917247131040.563695051123320.511177290737090.484171508895880.43417214489904
    Z Score4.35471397739944.66514652683363.89985533359313.75382618453893.6950920342908
  •       
    20132014201520162017
    Net income (0000, Ksh)202,636229,625148,600126,32339,379
    Shareholders equity (0000, Ksh)2,076,0601,747,1881,714,1061,689,4491,611,082
    Total assets2,633,0932,300,3202,320,9562,223,8382,228,669
    ROA7.70%9.98%6.40%5.68%1.77%
    ROE9.76%13.14%8.67%7.48%2.44%
  •       
    20132014201520162017
    Total Liabilities (0000, Ksh)557,033553,132606,850534,389617,587
    Total assets (0000, Ksh)2,633,0932,300,3202,320,9562,223,8382,228,669
    EBIT (0000, Ksh)231,833200,850160,175132,36829,677
    Interest Expense (0000, Ksh)708669267760961
    Debt ratio21.16%24.05%26.15%24.03%27.71%
    Times interest earned (x)327.45300.22599.91174.1730.88
  •       
    20132014201520162017
    Cost of goods sold (0000, Ksh)597,614667,502603,181524,047450,200
    Fixed assets (0000, Ksh)1,421,5891,117,1631,068,7041,014,2411,022,508
    Sales (0000, Ksh)1,242,6021,296,6791,186,4201,076,719967,626
    Inventory (0000, Ksh)182,813188,127161,428141,969140,829
    Total assets2,633,0932,300,3202,320,9562,223,8382,228,669
    Inventory turnover3.273.553.743.693.20
    Assets turnover0.470.560.510.480.43
    Fixed assets turnover6.801.161.111.060.95
  •       
    20132014201520162017
    Sales (0000, Ksh)1,242,6021,296,6791,186,4201,076,719967,626
    Gross profit (0000, Ksh)644,988629,177583,239552,672517,426
    Net profit (0000, Ksh)202,636229,625148,600126,32339,379
    Operating profit231,833200,850160,175132,36829,677
    Gross profit margin51.91%48.52%49.16%51.33%53.47%
    Operating profit margin18.66%15.49%13.50%12.29%3.07%
    Net profit margin 16.31%17.71%12.53%11.73%4.07%
  •       
    20132014201520162017
    Current liabilities (0000, Ksh)544,011553,132606,850534,389617,322
    Current assets (0000, Ksh)1,211,5041,183,1571,252,2521,209,5971,206,161
    Inventory (0000, Ksh)182,813188,127161,428141,969140,829
    Current ratio2.232.142.062.261.95
    Quick ratio1.891.801.802.001.73
  •       
    20132014201520162017
    Share price (as at 31st December)125.00125.00102.0082.00107.00
    Earnings (attributable to parent company shareholders)202,636,000229,625,000148,600,000126,323,00039,379,000
    Outstanding ordinary shares19,525,00019,525,00019,525,00019,525,00019,525,000
    Dividends72,126,00061,275,00066,381,000101,532,320101,532,320
    Sales1,242,602,0001,296,679,0001,186,420,0001,076,719,000967,626,000
    Earnings per Share (EPS)10.3811.767.616.472.02
    Price Earnings (P/E) Ratio12.0410.6313.4012.6753.05
    Dividends per Share (DPS)3.693.143.405.205.20
    Dividend Yield2.96%2.51%3.33%6.34%4.86%
    Price/Sales per Share (PS)1.961.881.681.492.16
  •       Percentage change (%)
    2013201420152016201720132014201520162017
    Revenue (Ksh., 000)1,242,6021,296,6791,186,4201,076,719967,626100.00%100.00%100.00%100.00%100.00%
    Cost of sales (Ksh., 000)597,614667,502603,181524,047450,20048.09%51.48%50.84%48.67%46.53%
    Gross (loss)/profit (Ksh., 000)644,988629,177583,239552,672517,42651.91%48.52%49.16%51.33%53.47%
    Operating profit (Ksh., 000)* 231,833* 200,850* 160,175* 132,368* 29,67718.66%15.49%13.50%12.29%3.07%
    Profit/ (Loss) before taxation (Ksh., 000)* 308,392* 277,984* 221,721* 190,682* 83,61324.82%21.44%18.69%17.71%8.64%
    Taxation credit/ (charge) (Ksh., 000)* (105,756)* (48,359)* (73,121)* (64,359)* (44,234)-8.51%-3.73%-6.16%-5.98%-4.57%
    Profit (Loss) for the year (Ksh., 000)* 202,636* 229,625* 148,600* 126,323* 39,37916.31%17.71%12.53%11.73%4.07%
  •  Dollar change (Ksh,000)Percentage change (%)
    2013201420152016201720132014201520162017
    Revenue1,242,60254,077-110,259-109,701-109,093100.00%4.35%-8.50%-9.25%-10.13%
    Cost of sales597,61469,888-64,321-79,134-73,847100.00%11.69%-9.64%-13.12%-14.09%
    Gross (loss)/profit644,988-15,811-45,938-30,567-35,246100.00%-2.45%-7.30%-5.24%-6.38%
    Operating profit231,833-30,983-40,675-27,807-102,691100.00%-13.36%-20.25%-17.36%-77.58%
    Profit/ (Loss) before taxation308,392-30,408-56,263-31,039-107,069100.00%-9.86%-20.24%-14.00%-56.15%
    Taxation credit/ (charge)-105,75657,397-24,7628,76220,125100.00%-54.27%51.20%-11.98%-31.27%
    Profit (Loss) for the year202,63626,989-81,025-22,277-86,944100.00%13.32%-35.29%-14.99%-68.83%
 
  •          
    Peer Analysis - Manufacturing and Allied (2017)
    Z Score
    BOC Kenya Ltd3.70
    BAT50.56
    Carbacid7.06
    EABL4.10
    Flame Tree2.69
    Kenya Orchards8.74
    Mumias-2.24
    Unga Group2.91
    Industry Average9.69
  •           
    Peer Analysis - Manufacturing and Allied (2017)
    ROAROE
    BOC Kenya Ltd1.77%2.44%
    BAT18.74%42.55%
    Carbacid10.65%12.05%
    EABL12.77%68.75%
    Flame Tree2.37%5.43%
    Kenya Orchards5.30%37.21%
    Mumias-28.12%-895.34%
    Unga Group-0.31%-0.87%
    Industry Average2.89%-90.97%
  •                
    Peer Analysis - Manufacturing and Allied (2017)
    Debt RatioTimes Interest Earned
    BOC Kenya Ltd27.71%30.88
    BAT55.97%10.90
    Carbacid11.58%-
    EABL82.02%5.09
    Flame Tree56.48%2.08
    Kenya Orchards85.77%15.27
    Mumias96.86%-5.58
    Unga Group46.64%4.26
    Industry Average57.88%8.99
  •           
    Peer Analysis - Manufacturing and Allied (2017)
    Inventory Turnover Assets Turnover Fixed Assets Turnover
    BOC Kenya Ltd3.200.430.950.95
    BAT-1.052.04
    Carbacid3.660.180.260.26
    EABL5.231.051.581.58
    Flame Tree6.011.444.504.50
    Kenya Orchards11.080.681.621.62
    Mumias12.930.090.090.09
    Unga Group7.441.905.325.32
    Industry Average7.080.852.04
  •         
    Peer Analysis - Manufacturing and Allied (2017)
    Gross profit marginOperating profit marginNet profit margin
    BOC Kenya Ltd53.47%3.07%4.07%
    BAT-28.71%17.87%
    Carbacid66.62%46.48%59.77%
    EABL44.32%23.58%12.12%
    Flame Tree32.51%4.22%1.64%
    Kenya Orchards18.09%10.98%7.78%
    Mumias-152.42%-386.42%-323.84%
    Unga Group11.49%1.03%-0.17%
    Industry Average10.58%-33.54%-27.59%
  •           
    Peer Analysis - Manufacturing and Allied (2017)
    Current RatioQuick Ratio
    BOC Kenya Ltd1.951.73
    BAT1.320.45
    Carbacid6.806.44
    EABL1.010.67
    Flame Tree1.290.98
    Kenya Orchards1.711.64
    Mumias0.110.09
    Unga Group1.641.06
    Industry Average1.981.63
  •             
    Peer Analysis - Manufacturing and Allied (2017)
    EPSP/E RatioDPSDividend YieldPS Ratio
    BOC Kenya Ltd2.0253.055.204.86%2.16
    BAT33.3623.9843.005.38%4.28
    Carbacid1.389.480.705.34%5.66
    EABL9.7124.527.503.15%2.68
    Flame Tree0.2220.380.000.00%0.33
    Kenya Orchards0.45217.660.000.00%16.94
    Mumias-4.43-0.250.000.00%0.80
    Unga Group0.28109.261.003.31%0.12
    Industry Average5.3757.267.182.75%4.123

See: BOC Gases Annual Reports

Companies Financial Statements

Reports