Financials Union Dicon Salt Plc

Equities

UNIONDICON

NGUNIONDICO1

Food Processing

End-of-day quote Nigerian S.E. 06:00:00 2024-06-13 pm EDT 5-day change 1st Jan Change
8.1 NGN 0.00% Intraday chart for Union Dicon Salt Plc 0.00% 0.00%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 3,677 3,321 2,993 2,706 2,446 2,214
Enterprise Value (EV) 1 3,667 3,309 2,981 2,692 2,356 2,161
P/E ratio -27.2 x -28.3 x 4.38 x 70.2 x -214 x 36.2 x
Yield - - - - - -
Capitalization / Revenue - - - - - -
EV / Revenue - - - - - -
EV / EBITDA -37.7 x -2,329 x 4.31 x 72.1 x -50.2 x 14.4 x
EV / FCF 82.6 x 21.2 x -10.8 x 6,236 x 25.4 x -33.7 x
FCF Yield 1.21% 4.71% -9.27% 0.02% 3.94% -2.97%
Price to Book -3.48 x -1.51 x -2 x -1.97 x -1.77 x -1.67 x
Nbr of stocks (in thousands) 273,346 273,346 273,346 273,346 273,346 273,346
Reference price 2 13.45 12.15 10.95 9.900 8.950 8.100
Announcement Date 3/29/19 9/30/20 3/31/21 3/31/22 3/31/23 3/30/24
1NGN in Million2NGN
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales - - - - - -
EBITDA 1 -97.23 -1.421 692 37.31 -46.94 150
EBIT 1 -98.76 -2.357 691.3 36.66 -48.05 148.4
Operating Margin - - - - - -
Earnings before Tax (EBT) 1 -134.9 -117.2 686 39.97 -44.96 94.22
Net income 1 -135.2 -117.5 683.9 38.55 -11.44 61.24
Net margin - - - - - -
EPS 2 -0.4946 -0.4299 2.502 0.1410 -0.0418 0.2240
Free Cash Flow 1 44.39 156 -276.3 0.4316 92.83 -64.16
FCF margin - - - - - -
FCF Conversion (EBITDA) - - - 1.16% - -
FCF Conversion (Net income) - - - 1.12% - -
Dividend per Share - - - - - -
Announcement Date 3/29/19 9/30/20 3/31/21 3/31/22 3/31/23 3/30/24
1NGN in Million2NGN
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 9.62 11.7 12.3 14.4 90.5 53.6
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 44.4 156 -276 0.43 92.8 -64.2
ROE (net income / shareholders' equity) 13.7% 5.54% -37.1% -2.69% 0.83% -4.52%
ROA (Net income/ Total Assets) -86.8% -1.68% 377% 20.6% -19.7% 60.7%
Assets 1 155.7 7,005 181.3 187.6 58.06 100.9
Book Value Per Share 2 -3.860 -8.030 -5.470 -5.030 -5.070 -4.850
Cash Flow per Share 2 0.0400 0.0400 0.0500 0.0500 0.3300 0.2000
Capex - 0.22 0.78 - 1.27 3.88
Capex / Sales - - - - - -
Announcement Date 3/29/19 9/30/20 3/31/21 3/31/22 3/31/23 3/30/24
1NGN in Million2NGN
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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