End-of-day quote
Nigerian S.E.
06:00:00 2024-05-02 pm EDT
|
5-day change
|
1st Jan Change
|
4.78
NGN
|
+2.80%
|
|
+6.22%
|
-0.42%
|
Fiscal Period: December |
2018
|
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
---|
Capitalization
1 |
262,174
|
81,661
|
159,829
|
132,967
|
126,252
|
128,401
|
128,401
|
-
|
Enterprise Value (EV)
1 |
461,993
|
320,127
|
223,832
|
132,967
|
126,252
|
128,938
|
128,401
|
128,401
|
P/E ratio
|
-67.8
x
|
-3.2
x
|
-12.7
x
|
-7.5
x
|
-
|
-2.17
x
|
-0.76
x
|
-1.43
x
|
Yield
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Capitalization / Revenue
|
2.17
x
|
0.62
x
|
1.17
x
|
0.73
x
|
0.58
x
|
0.49
x
|
0.41
x
|
0.35
x
|
EV / Revenue
|
2.17
x
|
0.62
x
|
1.17
x
|
0.73
x
|
0.58
x
|
0.49
x
|
0.41
x
|
0.35
x
|
EV / EBITDA
|
10.5
x
|
7.22
x
|
7.73
x
|
4.19
x
|
-
|
-4.54
x
|
-40.9
x
|
8.19
x
|
EV / FCF
|
-2,657,678
x
|
-5,015,674
x
|
4,678,070
x
|
-
|
-
|
-
|
-
|
-
|
FCF Yield
|
-0%
|
-0%
|
0%
|
-
|
-
|
-
|
-
|
-
|
Price to Book
|
7.46
x
|
-
|
1.05
x
|
-
|
-
|
1.04
x
|
0.32
x
|
0.41
x
|
Nbr of stocks (in thousands)
|
8,595,862
|
8,595,862
|
26,862,069
|
26,862,069
|
26,862,069
|
26,862,069
|
26,862,069
|
-
|
Reference price
2 |
30.50
|
9.500
|
5.950
|
4.950
|
4.700
|
4.780
|
4.780
|
4.780
|
Announcement Date
|
7/1/19
|
1/31/20
|
3/22/21
|
3/31/22
|
3/31/23
|
1/30/24
|
-
|
-
|
Fiscal Period: December |
2018
|
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
---|
Net sales
1 |
120,611
|
132,352
|
136,791
|
182,298
|
218,650
|
264,278
|
310,388
|
364,641
|
EBITDA
1 |
24,852
|
11,309
|
20,679
|
31,697
|
-
|
-28,371
|
-3,138
|
15,676
|
EBIT
1 |
7,896
|
-15,065
|
-7,391
|
-7,262
|
-21,332
|
-68,238
|
-50,172
|
-28,458
|
Operating Margin
|
6.55%
|
-11.38%
|
-5.4%
|
-3.98%
|
-9.76%
|
-25.82%
|
-16.16%
|
-7.8%
|
Earnings before Tax (EBT)
1 |
-8,049
|
-37,439
|
-24,873
|
-19,836
|
-26,844
|
-87,645
|
-72,642
|
-41,702
|
Net income
1 |
-3,866
|
-25,583
|
-12,365
|
-17,657
|
-21,626
|
-59,467
|
-52,063
|
-27,478
|
Net margin
|
-3.21%
|
-19.33%
|
-9.04%
|
-9.69%
|
-9.89%
|
-22.5%
|
-16.77%
|
-7.54%
|
EPS
2 |
-0.4500
|
-2.970
|
-0.4700
|
-0.6600
|
-
|
-2.210
|
-6.330
|
-3.340
|
Free Cash Flow
|
-98,648
|
-16,281
|
34,166
|
-
|
-
|
-
|
-
|
-
|
FCF margin
|
-81.79%
|
-12.3%
|
24.98%
|
-
|
-
|
-
|
-
|
-
|
FCF Conversion (EBITDA)
|
-
|
-
|
165.22%
|
-
|
-
|
-
|
-
|
-
|
FCF Conversion (Net income)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
7/1/19
|
1/31/20
|
3/22/21
|
3/31/22
|
3/31/23
|
1/30/24
|
-
|
-
|
Fiscal Period: December |
2018
|
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
---|
Net Debt
|
199,819
|
238,467
|
64,003
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
8.04
x
|
21.09
x
|
3.095
x
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
|
-98,648
|
-16,281
|
34,166
|
-
|
-
|
-
|
-
|
-
|
ROE (net income / shareholders' equity)
|
-9.97%
|
-114%
|
-15.5%
|
-12.3%
|
-17.1%
|
-49.2%
|
-42%
|
-29%
|
ROA (Net income/ Total Assets)
|
-1.37%
|
-7.48%
|
-
|
-
|
-4.53%
|
-9.77%
|
-7%
|
-4%
|
Assets
1 |
282,051
|
341,823
|
-
|
-
|
477,107
|
608,683
|
743,757
|
686,950
|
Book Value Per Share
2 |
4.090
|
-
|
5.650
|
-
|
-
|
4.640
|
14.90
|
11.60
|
Cash Flow per Share
|
-11.80
|
-1.760
|
1.980
|
-
|
-
|
-
|
-
|
-
|
Capex
|
69,773
|
56,761
|
18,062
|
-
|
-
|
-
|
-
|
-
|
Capex / Sales
|
57.85%
|
42.89%
|
13.2%
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
7/1/19
|
1/31/20
|
3/22/21
|
3/31/22
|
3/31/23
|
1/30/24
|
-
|
-
|
Mean consensus UNDERPERFORM Last Close Price
4.78
NGN Average target price
5.033
NGN Spread / Average Target +5.30% Consensus |
1st Jan change
|
Capi.
|
---|
| -0.42% | 93.08M | | -1.70% | 55.05B | | +5.93% | 46.85B | | -9.91% | 38.43B | | -2.81% | 22.69B | | +9.59% | 19.09B | | -22.44% | 19.14B | | +3.25% | 17.99B | | +8.63% | 15.43B | | +11.16% | 12.92B |
Other Brewers
|