ITE - Italtile Ltd
Italtile is a leading retailer and manufacturer of tiles, bathroomware and related products. The Group operates as a national franchisor of its three high profile retail brands, Italtile Retail, CTM and TopT. The retail operations are underpinned by an extensive property portfolio and a vertically integrated supply chain comprising International Tap Distributors (ITD) (an importer and distributor of brassware and accessories) and Cedar Point (an importer of shower enclosures, laminated boards, cabinets, sanitaryware, décor and tiling tools). The Group holds controlling interests in both businesses as well as in its key suppliers, tile and sanitaryware manufacturer, Ceramic Industries (Pty) Ltd. and adhesives and related products manufacturer, Ezee Tile.
Italtile Ltd is a South Africa-based retailer of imported and local ceramic tiles, bathroom accessories, and related products. Its segments include Retail, which includes retailing of tiles, brassware, other home finishing products, and accessories; Franchising;...
Italtile Ltd is listed on the Johannesburg Stock Exchange (JSE). Italtile is traded on the JSE under the ticker symbol “ITE”. The International Securities Identification Number (ISIN) of JSE:ITE is ZAE000099123. Italtile Ltd is currently the 83rd most valuable stock on the JSE with a market capitalization of ZAR 14.1 billion, which is about 0.077% of the Johannesburg Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 10.64 |
| Day’s High Price | 11.05 |
| Traded Volume | 394,224 |
| Number of Deals | 128 |
| Gross Turnover | 4.28M |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | 1.3230 |
| Price/Earning Ratio | 8.04 |
| Dividend Per Share | 0.53 |
| Dividend Yield | 4.98% |
| Shares Outstanding | 1.32B |
| Market Capitalization | 14.1B |
ITE Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| -8.2% | -12.4% | -18.5% |
| 6MO | 1YR | YTD |
|---|---|---|
| -15.2% | -26.9% | -21.8% |
The current share price of Italtile Ltd (ITE) is ZAR 10.64. ITE closed its last trading day (Friday, September 29, 2023) at 10.64 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 0.9% drop from its previous closing price of 10.74 ZAR. Italtile began the year with a share price of 13.60 ZAR but has since lost 21.8% off that price valuation, ranking it 334th on the JSE in terms of year-to-date performance. Shareholders’ worries are compounded by the fact that ITE has lost 12% of the stock’s value from August 31st to date.
Italtile is the 121st most traded stock on the Johannesburg Stock Exchange over the past three months (Jul 3 - Sep 29, 2023). ITE has traded a total volume of 22.2 million shares—in 6,761 deals—valued at ZAR 270 million over the period, with an average of 352,675 traded shares per session. A volume high of 4.53 million was achieved on July 27th, and a low of 2,298 on July 11th, for the same period. The table below details the last 10 trading days of activity of Italtile on the Johannesburg Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2023-09-29 | 394,224 | 10.64 | -0.10 | -0.93% |
| 2023-09-28 | 333,054 | 10.74 | -0.07 | -0.65% |
| 2023-09-27 | 201,539 | 10.81 | -0.20 | -1.82% |
| 2023-09-26 | 253,305 | 11.01 | -0.55 | -4.76% |
| 2023-09-22 | 46,832 | 11.56 | -0.03 | -0.26% |
| 2023-09-21 | 367,242 | 11.59 | -0.11 | -0.94% |
| 2023-09-20 | 775,898 | 11.70 | -0.10 | -0.85% |
| 2023-09-19 | 269,374 | 11.80 | ||
| 2023-09-18 | 30,556 | 11.80 | +0.19 | +1.64% |
| 2023-09-15 | 1,032,972 | 11.61 |
Profile of Italtile Ltd.
Italtile Ltd. operates in the Consumer Services sector, specifically, the General Retailers industry.
Factsheet of Italtile Ltd.
- Sector
- Consumer Services
- Industry
- General Retailers
- Address
- The Italtile Building, Cnr William Nicol Drive & Peter Place, Bryanston, 2021
- Telephone
- 011 510-9050
- Website
- www.italtile.com
ITE Industrial Market Competitors
Italtile Ltd., issuers of the ITE stock on the Johannesburg Stock Exchange, have a number of market competitors who are also engaged in the Consumer Services sector and/or General Retailers industry. The table below presents an overview of the market standing of the top 10 by year-to-date performance.
| Code | Name | M. Cap. | Close | YTD |
|---|---|---|---|---|
| TRU | Truworths Int Ltd | 31.3B | 76.50 | +39.1% |
| NCS | Nictus Ltd | 32.6M | 0.61 | +24.5% |
| SHFF | Steinhoff Investment Preference Share | 726B | 85.00 | +21.4% |
| AON | African & Overseas Enterprises N-Shares | 153M | 15.00 | +20% |
| ADH | ADvTECH Ltd | 11.7B | 21.08 | +16% |
| COH | Curro Holdings Limited | 5.94B | 10.10 | +12.2% |
| RTO | Rex Trueform Group Ltd | 241M | 11.11 | +10% |
| SDO | Stadio Holdings Limited | 4.39B | 5.16 | +5.09% |
| WHL | Woolworths Holdings Ltd | 67.1B | 67.83 | +2.11% |
| AOO | African & Overseas Enterprises Ltd | 192M | 16.25 | +1.56% |
