Financials NCR (Nigeria) Plc

Equities

NCR

NGNCR0000008

IT Services & Consulting

End-of-day quote Nigerian S.E. 06:00:00 2024-05-30 pm EDT 5-day change 1st Jan Change
4.32 NGN -.--% Intraday chart for NCR (Nigeria) Plc -.--% +9.09%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 648 486 211.7 324 388.8 427.7
Enterprise Value (EV) 1 -3,413 -2,828 -1,811 -2,377 161.6 -815.7
P/E ratio 25 x -0.51 x -0.73 x 42.9 x -0.38 x -0.58 x
Yield - - - - - -
Capitalization / Revenue 0.1 x 0.08 x 0.04 x 0.13 x 0.12 x 0.15 x
EV / Revenue -0.52 x -0.47 x -0.35 x -0.94 x 0.05 x -0.28 x
EV / EBITDA -3.81 x -95.1 x -4.59 x 4.99 x -0.21 x 1.11 x
EV / FCF -1.42 x -3.68 x 1.59 x 87.7 x -0.08 x -0.62 x
FCF Yield -70.6% -27.2% 63% 1.14% -1,207% -161%
Price to Book 1.42 x -0.9 x -0.25 x -0.39 x -0.21 x -0.16 x
Nbr of stocks (in thousands) 108,000 108,000 108,000 108,000 108,000 108,000
Reference price 2 6.000 4.500 1.960 3.000 3.600 3.960
Announcement Date 3/29/19 5/29/20 3/31/21 4/1/22 3/31/23 4/3/24
1NGN in Million2NGN
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 6,622 6,068 5,126 2,541 3,269 2,935
EBITDA 1 896 29.73 394.4 -476 -785.9 -735.1
EBIT 1 859.5 -31.42 332.6 -520.6 -804 -748.1
Operating Margin 12.98% -0.52% 6.49% -20.49% -24.59% -25.49%
Earnings before Tax (EBT) 1 69.91 -56.5 -198.8 317.5 -801.9 -719.6
Net income 1 25.91 -949.7 -291.1 7.552 -1,011 -738.9
Net margin 0.39% -15.65% -5.68% 0.3% -30.91% -25.18%
EPS 2 0.2400 -8.793 -2.696 0.0699 -9.357 -6.842
Free Cash Flow 1 2,409 768.5 -1,142 -27.1 -1,950 1,312
FCF margin 36.39% 12.67% -22.28% -1.07% -59.63% 44.72%
FCF Conversion (EBITDA) 268.91% 2,584.86% - - - -
FCF Conversion (Net income) 9,300.01% - - - - -
Dividend per Share - - - - - -
Announcement Date 3/29/19 5/29/20 3/31/21 4/1/22 3/31/23 4/3/24
1NGN in Million2NGN
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 4,061 3,314 2,023 2,701 227 1,243
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 2,409 768 -1,142 -27.1 -1,950 1,312
ROE (net income / shareholders' equity) 5.75% 2,380% 42.1% -0.9% 75.3% 33.2%
ROA (Net income/ Total Assets) 5.74% -0.22% 2.81% -5.65% -10.6% -9.57%
Assets 1 451.6 439,862 -10,378 -133.7 9,491 7,720
Book Value Per Share 2 4.240 -4.980 -7.820 -7.770 -17.10 -24.10
Cash Flow per Share 2 28.40 30.70 18.70 25.00 2.100 11.50
Capex 1 22.6 33.3 22.4 14.1 3.18 42.3
Capex / Sales 0.34% 0.55% 0.44% 0.56% 0.1% 1.44%
Announcement Date 3/29/19 5/29/20 3/31/21 4/1/22 3/31/23 4/3/24
1NGN in Million2NGN
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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