Centum Investment Company Plc · NSEKE:CTUM
Centum Investment — Investor Presentation (March 2021)
20 slides from Centum Investment's investor presentation, March 2021
Slide 1: Investor Update March 2021
@ CENTUM Investor Update March 2021
Slide 2: Table of Contents
Table of Contents Company Overview 3 Business Update 6 1. Real Estate 2. Private Equity 3. Marketable Securities 2
Slide 3: Centum at a Glance
Company Overview Centum at a Glance Portfolio composition – 30 September 2020 KES 11.3Bn Market Capitalisation(1) Real Estate 64% KES 45.3Bn Net Asset Value(2) Private Equity 17% Development 3% 11x NAV growth FY2009– FY2020 Marketable Securities 16% 3 Business Segments of Focus: Centum Real Estate,
Slide 4: Evolution of our business
Company Overview Evolution of our business Centum Investment Plc is the leading listed investment company in East Africa and has been in existence since 1967. The Company is listed on the Nairobi Securities Exchange and the Uganda Securities Exchange 2019 – 2020 period return on 23% shareholder fund
Slide 5: Our investment philosophy
Company Overview Our investment philosophy Centum’s twin objectives are: Private Invest in companies where we can achieve Equity significant value growth and regular cash returns To give investors access To grow net asset value Pursue market-led infill developments and sale of Real Estate developmen
Slide 6: Business Update
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Slide 7: Our portfolio
Our portfolio Three distinct and independent business segments Holds and Manages Private Equity & Development Holds and Manages Centum Development (K) Ltd Real Estate [CDKL] Holds and manages Centum’s marketable securities portfolio as well as other client funds as a licensed asset manager Kes 15.6B
Slide 8: Real Estate
Real Estate Managed by 8
Slide 9: Real Estate Strategic Pillars
Real Estate Strategic Pillars Key focus areas Residential Projects Land Monetisation (Infill & 3rd party JVs) ✓ Two projects completed and handed over in FY2021 – Awali, 74 ✓ Kes 2bn worth of land sales made in FY2021. units (Vipingo, KE) and Mirabella, 22 units (Pearl Marina, UG) ✓ Transactions clo
Slide 10: Infill Projects: Performance update Feb 2021
Real Estate Infill Projects: Performance update | Feb 2021 Two Rivers, KE Total Pearl Marina, UG & 3rd Party JVs Vipingo, KE Total Approved 1,239 3,486 1,407 6,132 Schemes Units Units Units Units Completed 26 Units Nill 74 Units 100 Units In Construction 498 Units 540 440 Units 1,478 Units 482 457 1
Slide 11: Revenue and profitability: Sale of land & residential projects
Real Estate Revenue and profitability | Sale of land & residential projects Kes Millions Sep-19 Mar-20 Sep-20 Feb-21 1 Revenue potential of units sold (Kes M) 5,867 7,574 9,235 10,082 Deposits collected (Kes M) 1,249 1,973 2,623 3,532 Infill Projects % achieved 21% 26% 28% 35% Profit potential of AL
Slide 12: Private Equity
Private Equity Managed by ©) P, CENTUM
Slide 13: Private Equity Value Drivers FY2021
Private Equity Value Drivers FY2021 1 ▪ Annuity cash income has been improved in the current year by 75% compared to prior year Annuity Cash return to following deployment of the excess cash into the marketable securities portfolio Centum ▪ Portfolio companies have not made any capital calls from Ce
Slide 14: Private Equity Key Portfolio Updates
Private Equity Key Portfolio Updates ▪ Quality of loan book has improved with a target to lower the NPL ratio to less than 10%. ▪ Average liquidity ratio maintained above 40% in 2020 against a statutory minimum of 20%. ▪ 38% growth in total assets with Kes 4Bn growth in loan book between Sep 2019 an
Slide 15: Private Equity Key Portfolio Updates
Private Equity Key Portfolio Updates ▪ ACE holds our investment in SABIS School Runda which has experienced 8% increase in student enrollment in the current financial year. ▪ The school continues to witness increasing demand and projects to break even in the next financial year. ▪ 12.5% turnover gro
Slide 16: Marketable Securities
Marketable Securities Managed by 16
Slide 17: Allocation and Performance Highlights
Marketable Securities Allocation and Performance Highlights Portfolio composition ❑ Portfolio largely allocated to cash and fixed income 5% 16% for capital preservation. 21% ❑ Active portfolio management enabled us achieve a Equities 12.3% average annualized return vs NSE 20 - 5.5% Fixed Income Kes
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Slide 19: Disclaimer
Disclaimer Certain statements in this presentation concerning our future growth prospects are forward-looking statements, which involve a number of risks and uncertainties that could cause actual results to differ materially from those presented in this report. The risks and uncertainties relating t
Slide 20: investorelations@centum.co.ke
investorelations@centum.co.ke Centum Investment Company Plc Tel +254 20 2286000 99h Floor, Southern Tower, Two Rivers Mobile +254 709 902 000 PO Box 10518-00100 Email investorelations@centum.co.ke Nairobi, Kenya www.centum.co.ke
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