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AECI Ltd
JSE:AFE

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AECI Ltd
JSE:AFE
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Price: 10 898 Zac -0.74%
Market Cap: 11.8B ZAR

P/B

1
Current
13%
More Expensive
vs 3-y average of 0.9

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1
=
Market Cap
Zac11.6B
/
Total Equity
11.6B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1
=
Market Cap
Zac11.6B
/
Total Equity
11.6B

Valuation Scenarios

AECI Ltd is trading above its 3-year average

If P/B returns to its 3-Year Average (0.9), the stock would be worth Zac9 661.74 (11% downside from current price).

Statistics
Positive Scenarios
1/3
Maximum Downside
-11%
Maximum Upside
+124%
Average Upside
35%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 1 Zac10 898
0%
3-Year Average 0.9 Zac9 661.74
-11%
5-Year Average 0.9 Zac9 952.37
-9%
Country Average 2.2 Zac24 386.58
+124%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
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Market Distribution

Lower than 92% of companies in South Africa
Percentile
8th
Based on 15 companies
8th percentile
1
Low
0.5 — 1.8
Typical Range
1.8 — 6.5
High
6.5 —
Distribution Statistics
South Africa
Min 0.5
30th Percentile 1.8
Median 2.2
70th Percentile 6.5
Max 10.9

AECI Ltd
Glance View

Market Cap
11.8B Zac
Industry
Chemicals

AECI Ltd, a multifaceted industrial giant rooted in South Africa, has successfully woven a tapestry of innovation around its core operations, driving the continent's industrial landscape. Born from a rich heritage dating back to 1924, the company has evolved from its origins in explosives manufacturing to a diversified conglomerate, orchestrating a symphony of chemicals, mining services, and property operations. At the heart of AECI's business is its synergy between strategic collaboration and technological advancement, where the company not only crafts bespoke chemical solutions but also provides essential services to the mining industry, propelling sectors as varied as agriculture, water treatment, and food production. With its integrated approach, AECI subsidiary companies like AEL Mining Services and ChemSystems ensure the streamlined provision of everything from industrial blasting solutions to specialized chemical formulations. Driving AECI's revenue engine is its adept maneuvering within various industrial segments, leveraging its comprehensive portfolio to capitalize on market dynamics. The company's ability to offer tailored solutions across multiple sectors enhances its value proposition, setting it apart as not just a supplier but a partner in growth for its clients. For instance, its mining solutions division does not merely supply explosives but provides holistic blasting expertise, optimizing operational efficiencies for its clients. The Specialty Chemicals segment equally contributes, delivering innovative products that improve agricultural yield and industrial processes. Meanwhile, AECI's property and corporate office business taps into the real estate market, monetizing land holdings, and diversifying its income streams. This strategic spread across industries underscores AECI's agility and resilience, anchoring its role as an indispensable contributor to industrial progress in Africa and beyond.

AFE Intrinsic Value
16 314.66 Zac
Undervaluation 33%
Intrinsic Value
Price Zac10 898
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