Commercial and Services · EQUITY
TPSE
TPS Eastern Africa
Ksh 18.10
▲3.72% today
close 06 Nov 2026 · source mystocks
68 owned trading days · 07 Jul 2026 → 06 Nov 2026 · KES 14.80–18.35
Why grade C: newest statement 22 months old · only 2 FYs of history (need 3)
Automated analysis for information & education. Not investment advice.
The five pillars
composite —/100Data C
scored 06 Nov 2026 · weights profile Commercial and Services · formulas on /methodology
Ring color: accent = confidence A/B, amber = C/D — a fixed-radius stroke, never a percentage fill.
Value99
- P/E 3.3100 ·w25
- P/B 0.26100 ·w20
- earnings yield 30.3% vs 364d T-bill 9.03% (spread +21.3pp)100 ·w20
- needs positive EPS and own P/E history— ·w15
- needs a dividend and own yield history— ·w10
- revenue/earnings growth +17.0% YoY90 ·w10
Financial health73
- F-Score 8/9 signals passed89 ·w70
- interest coverage 3.5× (stored ratio — not derivable from raw lines)35 ·w30
Quality52
- ROE 8.0%32 ·w25
- net margin 8.3% (non-financial bands)42 ·w20
- net margin +1.1pp over window(short window)61 ·w15
- ROA 4.3%37 ·w15
- debt/equity 0.84× (standard bands)72 ·w15
- revenue never declined over window(short window)100 ·w10
Dividend reliability100
- paid a dividend in 2 of 2 observed FYs (design window 5)(short window)100 ·w30
- yield 9.4% at current price100 ·w20
- earnings cover the dividend 3.23×100 ·w20
- never cut over 2 observed FYs(short window)100 ·w15
- payout ratio 31% of earnings100 ·w15
MomentumBuilding history — since 2026-07-07
- Building history — since 2026-07-07— ·w100
Liquidity37
- median daily turnover ≈ KES 44,384 over 68 observed days(short window)16 ·w40
- no trades on 0% of observed days(short window)100 ·w30
- daily turnover 0.1bp of market cap (shares est. from NI÷EPS)(short window)1 ·w30
Statements we hold
| FY | Revenue | Net income | EPS | DPS |
|---|---|---|---|---|
| 2024 | KES 12.0B | KES 1.0B | 5.49 | 1.70 |
| 2023 | KES 11.0B | KES 800.0M | 4.39 | 1.50 |
source v3-seed (vintage 2026-02) · refreshed per filing as filings are processed
Analyst brief
TPS Eastern Africa trades at 18.35 KES as of 2 November 2026. The value pillar stands at its ceiling, driven by a P/E of 3.3 and price-to-book of 0.27; the earnings yield of 29.9% sits 20.9 percentage points above the 364-day T-bill rate of 9.03%. The dividend pillar is equally strong, reflecting consistent payouts in both observed fiscal years with a yield of 9.3% and earnings covering the distribution 3.23 times over. Quality and health reveal constraint: profitability metrics remain modest (ROE 8.0%, net margin 8.3%), though an F-Score of 8/9 signals solid financial position in standard tests. Interest coverage of 3.5× is the health pillar's weak point. Momentum data is building and too recent (since July 2026) to inform this brief.
An overall verdict is withheld due to data confidence graded C: the newest financial statement is 22 months old, and only two fiscal years of history exist where three are preferred for pattern clarity. Revenue grew 17.0% year-over-year and has never declined in the observed window. Liquidity is thin—median daily turnover of approximately 55,800 KES represents only 0.2 basis points of estimated market capitalisation—a material friction cost for larger positions. No risk flags are recorded. A fresh annual filing or interim statement would clarify whether growth and margin trends persist.
Automated analysis for information & education. Not investment advice.
generated 02 Nov 2026, 17:50 EAT · every figure machine-checked against the engine's computed inputs · identical for all readers