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Zimre Holdings

ZMSE:ZIMR
Snowflake Description

Solid track record with adequate balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ZIMR
ZMSE
ZWL517M
Market Cap
  1. Home
  2. ZW
  3. Insurance
Company description

Zimre Holdings Limited, an investment holding company, provides reinsurance and reassurance, general insurance, and property management and development services. The last earnings update was 209 days ago. More info.


Add to Portfolio Compare Print
  • Zimre Holdings has significant price volatility in the past 3 months.
ZIMR Share Price and Events
7 Day Returns
0%
ZMSE:ZIMR
5.3%
Africa Insurance
2.6%
ZW Market
1 Year Returns
1377.3%
ZMSE:ZIMR
-30%
Africa Insurance
230.2%
ZW Market
ZIMR Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Zimre Holdings (ZIMR) 0% 0% 160% 1377.3% 2685.7% 3800%
Africa Insurance 5.3% -10.8% -26.2% -30% -24.9% -34.9%
ZW Market 2.6% -4% 96.1% 230.2% 2062.3% -
1 Year Return vs Industry and Market
  • ZIMR outperformed the Insurance industry which returned -30% over the past year.
  • ZIMR outperformed the Market in Zimbabwe which returned 230.2% over the past year.
Price Volatility
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Zimre Holdings's competitors could be found in our database.

ZIMR Value

 Is Zimre Holdings undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Zimre Holdings. This is due to cash flow or dividend data being unavailable. The share price is ZWL0.39.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Zimre Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Zimre Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ZMSE:ZIMR PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in ZWL ZWL1.13
ZMSE:ZIMR Share Price ** ZMSE (2020-04-09) in ZWL ZWL0.39
Africa Insurance Industry PE Ratio Median Figure of 47 Publicly-Listed Insurance Companies 6.95x
Zimbabwe Market PE Ratio Median Figure of 7 Publicly-Listed Companies 11.52x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Zimre Holdings.

ZMSE:ZIMR PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ZMSE:ZIMR Share Price ÷ EPS (both in ZWL)

= 0.39 ÷ 1.13

0.34x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Zimre Holdings is good value based on earnings compared to the Africa Insurance industry average.
  • Zimre Holdings is good value based on earnings compared to the Zimbabwe market.
Price based on expected Growth
Does Zimre Holdings's expected growth come at a high price?
Raw Data
ZMSE:ZIMR PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 0.34x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Africa Insurance Industry PEG Ratio Median Figure of 11 Publicly-Listed Insurance Companies 0.86x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Zimre Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Zimre Holdings's assets?
Raw Data
ZMSE:ZIMR PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in ZWL ZWL0.23
ZMSE:ZIMR Share Price * ZMSE (2020-04-09) in ZWL ZWL0.39
Africa Insurance Industry PB Ratio Median Figure of 55 Publicly-Listed Insurance Companies 0.75x
Zimbabwe Market PB Ratio Median Figure of 7 Publicly-Listed Companies 3.62x
ZMSE:ZIMR PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ZMSE:ZIMR Share Price ÷ Book Value per Share (both in ZWL)

= 0.39 ÷ 0.23

1.67x

* Primary Listing of Zimre Holdings.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Zimre Holdings is overvalued based on assets compared to the Africa Insurance industry average.
X
Value checks
We assess Zimre Holdings's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Insurance industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Insurance industry average (and greater than 0)? (1 check)
  5. Zimre Holdings has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

ZIMR Future Performance

 How is Zimre Holdings expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Zimre Holdings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
16.6%
Expected Insurance industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Zimre Holdings expected to grow at an attractive rate?
  • Unable to compare Zimre Holdings's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Zimre Holdings's earnings growth to the market average as no estimate data is available.
  • Unable to compare Zimre Holdings's revenue growth to the market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ZMSE:ZIMR Future Growth Rates Data Sources
Data Point Source Value (per year)
Africa Insurance Industry Earnings Growth Rate Market Cap Weighted Average 16.6%
Africa Insurance Industry Revenue Growth Rate Market Cap Weighted Average -25.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ZMSE:ZIMR Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (9 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in ZWL Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ZMSE:ZIMR Past Financials Data
Date (Data in ZWL Millions) Revenue Cash Flow Net Income *
2019-06-30 10,180 -680 1,502
2019-03-31 10,165 -690 1,464
2018-12-31 10,150 -699 1,427
2018-09-30 10,164 -257 1,375
2018-06-30 5,489 278 1,041
2018-03-31 8,203 -134 1,329
2017-12-31 10,916 -546 1,617
2017-09-30 10,640 -1,005 1,215
2017-06-30 10,363 -1,464 814
2017-03-31 10,157 -1,177 511
2016-12-31 9,950 -889 209
2016-09-30 14,764 -1,600 -711

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Zimre Holdings is high growth as no earnings estimate data is available.
  • Unable to determine if Zimre Holdings is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ZMSE:ZIMR Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (9 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Zimre Holdings Company Filings, last reported 9 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ZMSE:ZIMR Past Financials Data
Date (Data in ZWL Millions) EPS *
2019-06-30 1.13
2019-03-31 1.02
2018-12-31 0.93
2018-09-30 0.90
2018-06-30 0.75
2018-03-31 1.06
2017-12-31 1.05
2017-09-30 0.79
2017-06-30 0.53
2017-03-31
2016-12-31 0.14
2016-09-30 -0.44

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Zimre Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Check out Zimre Holdings's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
  2. Zimre Holdings's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Insurance companies here
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Zimre Holdings's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Africa market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Africa market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Zimre Holdings has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

ZIMR Past Performance

  How has Zimre Holdings performed over the past 5 years?

  • Zimre Holdings's last earnings update was 209 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Zimre Holdings's growth in the last year to its industry (Insurance).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Zimre Holdings has delivered over 20% year on year earnings growth in the past 5 years.
  • Zimre Holdings's 1-year earnings growth is less than its 5-year average (44.2% vs 71.2%)
  • Zimre Holdings's earnings growth has exceeded the Africa Insurance industry average in the past year (44.2% vs 17%).
Earnings and Revenue History
Zimre Holdings's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Zimre Holdings Company Filings, last reported 9 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ZMSE:ZIMR Past Revenue, Cash Flow and Net Income Data
Date (Data in ZWL Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 10,180.06 1,501.74 4,839.95
2019-03-31 10,165.02 1,464.37 4,835.06
2018-12-31 10,149.98 1,427.00 4,830.18
2018-09-30 10,164.08 1,374.76 4,770.04
2018-06-30 5,488.87 1,041.17 2,333.04
2018-03-31 8,202.59 1,328.92 3,567.77
2017-12-31 10,916.31 1,616.67 4,802.50
2017-09-30 10,639.90 1,215.25 5,404.69
2017-06-30 10,363.48 813.84 6,006.87
2017-03-31 10,156.94 511.43 5,794.18
2016-12-31 9,950.39 209.02 5,581.48
2016-09-30 14,764.35 -711.15 6,164.67
2016-06-30 15,036.86 -1,424.94 6,371.08
2016-03-31 17,802.97 -1,464.18 7,373.24
2015-12-31 20,569.08 -1,503.41 8,375.40
2015-06-30 20,980.64 -1,233.62 8,892.56
2015-03-31 21,183.08 -1,473.54 8,796.39
2014-12-31 21,450.39 -1,717.28 8,727.70
2013-12-31 26,795.00 -615.48 10,158.72

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Zimre Holdings made outstanding use of shareholders’ funds last year (Return on Equity greater than 40%).
  • Zimre Holdings used its assets more efficiently than the Africa Insurance industry average last year based on Return on Assets.
  • Zimre Holdings has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Past performance checks
We assess Zimre Holdings's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Insurance industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Zimre Holdings has a total score of 5/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

ZIMR Health

 How is Zimre Holdings's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Zimre Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Zimre Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Zimre Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Zimre Holdings's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 24.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Zimre Holdings Company Filings, last reported 9 months ago.

ZMSE:ZIMR Past Debt and Equity Data
Date (Data in ZWL Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 259.74 7.61 92.11
2019-03-31 259.74 7.61 92.11
2018-12-31 23,898.85 1,277.86 6,865.70
2018-09-30 23,898.85 1,277.86 6,865.70
2018-06-30 23,289.54 580.24 7,836.25
2018-03-31 23,289.54 580.24 7,836.25
2017-12-31 23,067.55 580.29 8,189.12
2017-09-30 23,067.55 580.29 8,189.12
2017-06-30 21,924.51 358.29 3,364.07
2017-03-31 21,924.51 358.29 3,364.07
2016-12-31 20,953.32 443.79 4,090.80
2016-09-30 20,869.43 443.79 4,090.80
2016-06-30 25,373.54 306.51 7,382.06
2016-03-31 25,373.54 306.51 7,382.06
2015-12-31 25,187.98 316.11 9,090.95
2015-06-30 34,925.51 200.56 10,593.37
2015-03-31 34,817.55 199.94 10,560.63
2014-12-31 28,877.82 573.11 6,175.28
2013-12-31 36,172.15 1,101.58 8,320.92
  • Zimre Holdings's level of debt (2.9%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (2.6% vs 2.9% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Interest payments on debt are well covered by earnings (EBIT is 41.2x coverage).
X
Financial health checks
We assess Zimre Holdings's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Zimre Holdings has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

ZIMR Dividends

 What is Zimre Holdings's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Zimre Holdings dividends.
If you bought ZWL2,000 of Zimre Holdings shares you are expected to receive ZWL0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Zimre Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Zimre Holdings's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ZMSE:ZIMR Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Africa Insurance Industry Average Dividend Yield Market Cap Weighted Average of 35 Stocks 6%
Zimbabwe Market Average Dividend Yield Market Cap Weighted Average of 6 Stocks 14.8%
Zimbabwe Minimum Threshold Dividend Yield 10th Percentile 0.4%
Zimbabwe Bottom 25% Dividend Yield 25th Percentile 0.8%
Zimbabwe Top 25% Dividend Yield 75th Percentile 81%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Zimre Holdings has not reported any payouts.
  • Unable to verify if Zimre Holdings's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Zimre Holdings's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Zimre Holdings has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Zimre Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.4%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Zimre Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Zimre Holdings has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

ZIMR Management

 What is the CEO of Zimre Holdings's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Stan Kudenga
CEO Bio

Mr. Stanley Kudenga, also known as Stan, B.Acc (Hons), CA (Z), MBL (SA) serves as Group Chief Executive Officer & Director at Zimre Holdings Ltd. Mr. Kudenga served as the Managing Director of FBC Reinsurance Company Limited from October 2006 to February 28, 2012. Mr. Kudenga served as an Executive Director of Investment Banking at FBC Bank and First Banking Corporation Ltd. from June 2002 to October 2006. He served as an Executive Director of FBC Holdings Limited from October 1, 2006 to February 28, 2012. He has been a Non-Executive Director of Zimre Property Investments Limited since July 2016 and Fidelity Life Assurance of Zimbabwe Limited since June 1, 2016. Mr. Kudenga served as a Director of FBC Securities (Private) Limited and Pioneer Corporation Africa Limited (now Unifreight Africa Limited). He is a Chartered Accountant and holds a Masters of Business Leadership Degree from the University of South Africa.

CEO Compensation
  • Insufficient data for Stan to compare compensation growth.
  • Insufficient data for Stan to establish whether their remuneration is reasonable compared to companies of similar size in .
Management Team

Stan Kudenga

TITLE
Group CEO & Director

Lovemore Madzinga

TITLE
Group Finance Executive & Group Company Secretary

Solomon Tembo

TITLE
Chief Operating Officer

Ruvimbo Chidora

TITLE
Legal Counsel

Leo Huvaya

TITLE
Managing Director of Emeritus International Reinsurance Company

Calven Mutyavaviri

TITLE
Acting Managing Director Credsure Zimbabwe

Edson Muvingi

TITLE
Managing Director ZimRe Property Investments
Board of Directors Tenure

Average tenure of the Zimre Holdings board of directors in years:

4.8
Average Tenure
  • The tenure for the Zimre Holdings board of directors is about average.
Board of Directors

Benjamin Kumalo

TITLE
Non-Executive Chairman

Stan Kudenga

TITLE
Group CEO & Director

Edwin Zvandasara

TITLE
Non Executive Director

Hamish Brian Rudland

TITLE
Non-Executive Director
TENURE
4.8 yrs

Ignatius Mvere

TITLE
Non Executive Director

Jean Maguranyanga

TITLE
Non-Executive Director

Robert von Seidel

TITLE
Non-Executive Director
TENURE
4.8 yrs

Aadil Adamjee

TITLE
Non-Executive Director
TENURE
4.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (ZWL) Value (ZWL)
X
Management checks
We assess Zimre Holdings's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Zimre Holdings has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

ZIMR News

Simply Wall St News

ZIMR Company Info

Description

Zimre Holdings Limited, an investment holding company, provides reinsurance and reassurance, general insurance, and property management and development services. It operates through Reinsurance, Life Reassurance, Property, and General Insurance segments. The company offers short-term reinsurance products and services to general insurance companies; a range of whole life, term assurance, and mortgage endowment products, as well as unitized, guaranteed, and pure endowment pensions to life assurance companies and medical aid societies; and short-term insurance products and services, such as motor accident, credit insurance, and export credit to policy holders. It is also involved in buying, developing, selling, leasing, and managing properties; and the provision of consultancy services related to property development. The company operates in Botswana, Malawi, Mozambique, South Africa, Zambia, and Zimbabwe. Zimre Holdings Limited was founded in 1983 and is based in Harare, Zimbabwe.

Details
Name: Zimre Holdings Limited
ZIMR
Exchange: ZMSE
Founded: 1983
ZWL517,142,102
1,326,005,389
Website: http://www.zhl.co.zw
Address: Zimre Holdings Limited
Smatsatsa Office Park,
2nd Floor,
Harare,
10667,
Zimbabwe
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ZMSE ZIMR Ordinary Shares Zimbabwe Stock Exchange ZW ZWL 25. Aug 2000
Number of employees
Current staff
Staff numbers
0
Zimre Holdings employees.
Industry
Reinsurance
Insurance
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/09 20:58
End of day share price update: 2020/04/09 00:00
Last earnings filing: 2019/09/13
Last earnings reported: 2019/06/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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 here.