End-of-day quote
Nigerian S.E.
06:00:00 2024-04-25 pm EDT
|
5-day change
|
1st Jan Change
|
795.3
NGN
|
-3.01%
|
|
-11.63%
|
-27.70%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
1,165,125
|
1,192,948
|
1,233,769
|
871,922
|
871,922
|
630,400
|
-
|
-
|
Enterprise Value (EV)
1 |
1,171,359
|
1,174,459
|
1,210,118
|
909,471
|
871,922
|
812,400
|
747,400
|
630,400
|
P/E ratio
|
25.5
x
|
30.4
x
|
30.8
x
|
17.8
x
|
-11
x
|
10.9
x
|
8.9
x
|
6.33
x
|
Yield
|
4.76%
|
4.02%
|
3.24%
|
4.68%
|
-
|
8.83%
|
-
|
2.42%
|
Capitalization / Revenue
|
4.1
x
|
4.16
x
|
3.51
x
|
1.95
x
|
1.59
x
|
0.97
x
|
0.92
x
|
0.71
x
|
EV / Revenue
|
4.12
x
|
4.09
x
|
3.44
x
|
2.04
x
|
1.59
x
|
1.25
x
|
1.09
x
|
0.71
x
|
EV / EBITDA
|
14.7
x
|
16.3
x
|
15.1
x
|
9.41
x
|
6.44
x
|
5.28
x
|
3.95
x
|
2
x
|
EV / FCF
|
32.4
x
|
14.6
x
|
27.9
x
|
-28.3
x
|
-
|
102
x
|
12.5
x
|
-
|
FCF Yield
|
3.09%
|
6.87%
|
3.58%
|
-3.54%
|
-
|
0.98%
|
8.03%
|
-
|
Price to Book
|
25.6
x
|
40.7
x
|
57.7
x
|
28.8
x
|
-
|
-27.6
x
|
22.3
x
|
-7.38
x
|
Nbr of stocks (in thousands)
|
792,656
|
792,656
|
792,656
|
792,656
|
792,656
|
792,656
|
-
|
-
|
Reference price
2 |
1,470
|
1,505
|
1,556
|
1,100
|
1,100
|
795.3
|
795.3
|
795.3
|
Announcement Date
|
2/28/20
|
2/26/21
|
3/1/22
|
2/28/23
|
2/27/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
284,035
|
287,084
|
351,822
|
446,819
|
547,119
|
648,446
|
683,584
|
886,004
|
EBITDA
1 |
79,513
|
72,170
|
80,375
|
96,619
|
135,461
|
153,850
|
189,044
|
315,455
|
EBIT
1 |
72,062
|
64,419
|
71,966
|
86,866
|
123,788
|
140,082
|
173,064
|
293,580
|
Operating Margin
|
25.37%
|
22.44%
|
20.46%
|
19.44%
|
22.63%
|
21.6%
|
25.32%
|
33.14%
|
Earnings before Tax (EBT)
1 |
71,124
|
60,638
|
61,875
|
71,109
|
-104,025
|
83,329
|
101,670
|
132,990
|
Net income
1 |
45,683
|
39,212
|
40,037
|
48,965
|
-79,474
|
57,692
|
70,885
|
99,521
|
Net margin
|
16.08%
|
13.66%
|
11.38%
|
10.96%
|
-14.53%
|
8.9%
|
10.37%
|
11.23%
|
EPS
2 |
57.63
|
49.47
|
50.51
|
61.77
|
-100.3
|
72.77
|
89.32
|
125.6
|
Free Cash Flow
1 |
36,182
|
80,694
|
43,359
|
-32,157
|
-
|
8,000
|
60,000
|
-
|
FCF margin
|
12.74%
|
28.11%
|
12.32%
|
-7.2%
|
-
|
1.23%
|
8.78%
|
-
|
FCF Conversion (EBITDA)
|
45.5%
|
111.81%
|
53.95%
|
-
|
-
|
5.2%
|
31.74%
|
-
|
FCF Conversion (Net income)
|
79.2%
|
205.79%
|
108.3%
|
-
|
-
|
13.87%
|
84.64%
|
-
|
Dividend per Share
2 |
70.00
|
60.50
|
50.50
|
51.50
|
-
|
70.20
|
-
|
19.25
|
Announcement Date
|
2/28/20
|
2/26/21
|
3/1/22
|
2/28/23
|
2/27/24
|
-
|
-
|
-
|
Fiscal Period: December |
2021 Q4
|
2023 Q3
|
2023 Q4
|
---|
Net sales
|
90,231
|
-
|
-
|
EBITDA
|
-
|
-
|
-
|
EBIT
1 |
15,844
|
-
|
32,201
|
Operating Margin
|
17.56%
|
-
|
-
|
Earnings before Tax (EBT)
|
10,291
|
-
|
-
|
Net income
1 |
6,453
|
6,913
|
-36,406
|
Net margin
|
7.15%
|
-
|
-
|
EPS
|
8.140
|
8.720
|
-
|
Dividend per Share
|
-
|
-
|
-
|
Announcement Date
|
3/1/22
|
10/27/23
|
2/27/24
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
6,233
|
-
|
-
|
37,549
|
-
|
182,000
|
117,000
|
-
|
Net Cash position
1 |
-
|
18,489
|
23,651
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
0.0784
x
|
-
|
-
|
0.3886
x
|
-
|
1.183
x
|
0.6189
x
|
-
|
Free Cash Flow
1 |
36,182
|
80,694
|
43,359
|
-32,157
|
-
|
8,000
|
60,000
|
-
|
ROE (net income / shareholders' equity)
|
95.4%
|
105%
|
158%
|
190%
|
-
|
187%
|
384%
|
401%
|
ROA (Net income/ Total Assets)
|
25.7%
|
17.8%
|
14.4%
|
13.5%
|
-
|
11.5%
|
10.5%
|
8.8%
|
Assets
1 |
177,854
|
219,780
|
278,212
|
362,640
|
-
|
501,670
|
675,095
|
1,130,920
|
Book Value Per Share
2 |
57.50
|
37.00
|
27.00
|
38.20
|
-
|
-28.80
|
35.70
|
-108.0
|
Cash Flow per Share
|
-
|
123.0
|
-
|
-
|
-
|
-
|
-
|
-
|
Capex
1 |
13,763
|
16,502
|
21,077
|
27,724
|
-
|
69,859
|
60,403
|
97,053
|
Capex / Sales
|
4.85%
|
5.75%
|
5.99%
|
6.2%
|
-
|
10.77%
|
8.84%
|
10.95%
|
Announcement Date
|
2/28/20
|
2/26/21
|
3/1/22
|
2/28/23
|
2/27/24
|
-
|
-
|
-
|
Last Close Price
795.3
NGN Average target price
1,456
NGN Spread / Average Target +83.10% Consensus |
1st Jan change
|
Capi.
|
---|
| -27.70% | 474M | | -4.93% | 261B | | -2.51% | 94.98B | | +3.19% | 46.39B | | +8.74% | 39.99B | | -0.15% | 38.02B | | -16.78% | 30.16B | | -6.61% | 28.72B | | +11.32% | 24.54B | | -9.29% | 22.65B |
Other Food Processing
|