End-of-day quote
Nigerian S.E.
06:00:00 2024-04-25 pm EDT
|
5-day change
|
1st Jan Change
|
9.4
NGN
|
+4.44%
|
|
+5.62%
|
-13.36%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
---|
Capitalization
1 |
59,373
|
72,986
|
73,855
|
125,987
|
347,332
|
330,880
|
Enterprise Value (EV)
1 |
59,373
|
72,986
|
73,855
|
125,987
|
347,332
|
330,880
|
P/E ratio
|
2.02
x
|
2.6
x
|
1.93
x
|
2.7
x
|
2.76
x
|
-
|
Yield
|
9.76%
|
8.73%
|
13.7%
|
9.2%
|
-
|
5.64%
|
Capitalization / Revenue
|
535,488
x
|
567,051
x
|
574,239
x
|
700,303
x
|
908,458
x
|
-
|
EV / Revenue
|
535,488
x
|
567,051
x
|
574,239
x
|
700,303
x
|
908,458
x
|
-
|
EV / EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
EV / FCF
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Yield
|
-
|
-
|
-
|
-
|
-
|
-
|
Price to Book
|
0.25
x
|
0.27
x
|
0.25
x
|
0.4
x
|
0.8
x
|
-
|
Nbr of stocks (in thousands)
|
28,962,586
|
28,962,586
|
28,962,586
|
28,962,586
|
32,012,211
|
35,200,000
|
Reference price
2 |
2.050
|
2.520
|
2.550
|
4.350
|
10.85
|
9.400
|
Announcement Date
|
1/30/20
|
1/29/21
|
2/23/22
|
1/30/23
|
2/2/24
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
---|
Net sales
|
110,877
|
128,711
|
128,613
|
179,904
|
382,332
|
-
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
|
30,244
|
45,943
|
46,149
|
59,120
|
-
|
-
|
Operating Margin
|
27.28%
|
35.69%
|
35.88%
|
32.86%
|
-
|
-
|
Earnings before Tax (EBT)
|
32,377
|
30,207
|
40,634
|
53,677
|
122,062
|
-
|
Net income
|
29,463
|
28,033
|
38,123
|
46,724
|
125,821
|
-
|
Net margin
|
26.57%
|
21.78%
|
29.64%
|
25.97%
|
32.91%
|
-
|
EPS
|
1.017
|
0.9700
|
1.320
|
1.613
|
3.932
|
-
|
Free Cash Flow
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF margin
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Conversion (EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Conversion (Net income)
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
1 |
0.2000
|
0.2200
|
0.3500
|
0.4000
|
-
|
0.5300
|
Announcement Date
|
1/30/20
|
1/29/21
|
2/23/22
|
1/30/23
|
2/2/24
|
-
|
Fiscal Period: December |
2018
|
2019
|
2020
|
2021
|
2022
|
2023
|
---|
Net Debt
1 |
-
|
-
|
-
|
194,804
|
-
|
196,855
|
Net Cash position
1 |
20,235
|
52,338
|
120,569
|
-
|
43,960
|
-
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
|
-
|
-
|
-
|
-
|
-
|
-
|
ROE (net income / shareholders' equity)
|
11.6%
|
13.3%
|
10.5%
|
12.5%
|
15.6%
|
26.5%
|
ROA (Net income/ Total Assets)
|
1.48%
|
1.48%
|
1.09%
|
1.18%
|
1.29%
|
1.95%
|
Assets
1 |
1,549,578
|
1,916,981
|
2,436,237
|
3,023,882
|
3,634,977
|
5,112,002
|
Book Value Per Share
2 |
6.710
|
8.080
|
9.440
|
10.30
|
10.90
|
13.70
|
Cash Flow per Share
2 |
8.530
|
8.970
|
11.30
|
7.570
|
10.40
|
11.40
|
Capex
1 |
2,039
|
5,605
|
3,366
|
4,352
|
6,769
|
9,474
|
Capex / Sales
|
2.1%
|
4.99%
|
3.01%
|
3.58%
|
3.88%
|
2.97%
|
Announcement Date
|
3/28/19
|
3/23/20
|
3/31/21
|
3/31/22
|
4/29/23
|
4/15/24
|
Average target price
11.46
NGN Spread / Average Target +21.91% Consensus |
1st Jan change
|
Capi.
|
---|
| -13.36% | 249M | | +16.61% | 210B | | +2.39% | 73.14B | | +7.99% | 54.82B | | +13.25% | 47B | | +1.36% | 47.1B | | +19.29% | 44.81B | | +10.93% | 36.6B | | -16.21% | 35.14B | | -96.60% | 32.24B |
Commercial Banks
|