BERGER PAINTS NIGERIA PLC |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 12.35 NGN | 0.00% |
|
0.00% | -5.00% |
| 30/04 | Berger Paints Nigeria Names Nkechi Ojeyokan As CFO | RE |
| 26/04 | Berger Paints Nigeria Plc Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 2,492 | 1,956 | 2,130 | 2,478 | 1,739 | 3,768 |
| Enterprise Value (EV) 1 | 2,211 | 1,926 | 1,793 | 2,088 | 908.5 | 3,054 |
| P/E ratio | 7.78 x | 4.36 x | 14.6 x | 18.3 x | 8.33 x | 8.46 x |
| Yield | 7.56% | 3.7% | 5.44% | 4.68% | 11.7% | 7.69% |
| Capitalization / Revenue | 0.74 x | 0.55 x | 0.56 x | 0.5 x | 0.27 x | 0.47 x |
| EV / Revenue | 0.65 x | 0.54 x | 0.47 x | 0.42 x | 0.14 x | 0.38 x |
| EV / EBITDA | 3.94 x | 3.02 x | 4.15 x | 5.1 x | 1.64 x | 3.3 x |
| EV / FCF | 16.4 x | -269 x | 5.95 x | -259 x | 1.82 x | -34.1 x |
| FCF Yield | 6.08% | -0.37% | 16.8% | -0.39% | 55% | -2.93% |
| Price to Book | 0.89 x | 0.64 x | 0.68 x | 0.77 x | 0.52 x | 1.07 x |
| Nbr of stocks (in thousands) | 2,89,823 | 2,89,823 | 2,89,823 | 2,89,823 | 2,89,823 | 2,89,823 |
| Reference price 2 | 8.600 | 6.750 | 7.350 | 8.550 | 6.000 | 13.00 |
| Announcement Date | 29/03/19 | 28/05/20 | 31/03/21 | 31/03/22 | 31/03/23 | 01/04/24 |
1NGN in Million2NGN
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 3,377 | 3,585 | 3,838 | 4,965 | 6,332 | 7,968 |
| EBITDA 1 | 561.5 | 637 | 432.3 | 409.1 | 552.6 | 926.3 |
| EBIT 1 | 435.9 | 493.6 | 188.9 | 165.6 | 353.8 | 732.6 |
| Operating Margin | 12.91% | 13.77% | 4.92% | 3.34% | 5.59% | 9.19% |
| Earnings before Tax (EBT) 1 | 454.3 | 533.1 | 210.9 | 178.1 | 355.6 | 776.3 |
| Net income 1 | 320.5 | 448.7 | 146 | 135.6 | 208.7 | 445.3 |
| Net margin | 9.49% | 12.52% | 3.81% | 2.73% | 3.3% | 5.59% |
| EPS 2 | 1.106 | 1.548 | 0.5039 | 0.4680 | 0.7200 | 1.537 |
| Free Cash Flow 1 | 134.4 | -7.167 | 301.1 | -8.075 | 499.3 | -89.54 |
| FCF margin | 3.98% | -0.2% | 7.85% | -0.16% | 7.89% | -1.12% |
| FCF Conversion (EBITDA) | 23.95% | - | 69.66% | - | 90.36% | - |
| FCF Conversion (Net income) | 41.95% | - | 206.2% | - | 239.29% | - |
| Dividend per Share 2 | 0.6500 | 0.2500 | 0.4000 | 0.4000 | 0.7000 | 1.000 |
| Announcement Date | 29/03/19 | 28/05/20 | 31/03/21 | 31/03/22 | 31/03/23 | 01/04/24 |
1NGN in Million2NGN
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - |
| Net Cash position 1 | 281 | 30.6 | 337 | 390 | 830 | 714 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - |
| Free Cash Flow 1 | 134 | -7.17 | 301 | -8.08 | 499 | -89.5 |
| ROE (net income / shareholders' equity) | 11.8% | 15.2% | 4.7% | 4.25% | 6.37% | 13% |
| ROA (Net income/ Total Assets) | 6.16% | 6.43% | 2.35% | 2.05% | 4.16% | 7.55% |
| Assets 1 | 5,204 | 6,983 | 6,208 | 6,605 | 5,020 | 5,897 |
| Book Value Per Share 2 | 9.710 | 10.60 | 10.90 | 11.10 | 11.50 | 12.10 |
| Cash Flow per Share 2 | 1.790 | 0.7500 | 1.230 | 0.7500 | 1.710 | 2.770 |
| Capex 1 | 269 | 257 | 112 | 95.1 | 44.8 | 289 |
| Capex / Sales | 7.96% | 7.17% | 2.91% | 1.92% | 0.71% | 3.62% |
| Announcement Date | 29/03/19 | 28/05/20 | 31/03/21 | 31/03/22 | 31/03/23 | 01/04/24 |
1NGN in Million2NGN
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Sell
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
12.35
NGN
Average target price
19.06
NGN
Spread / Average Target
+54.33%
| 1st Jan change | Capi. | |
|---|---|---|
| -5.00% | 2.39M | |
| +0.69% | 79.66B | |
| -17.30% | 32.92B | |
| -9.48% | 31.86B | |
| -1.58% | 16.83B | |
| +1.81% | 14.63B | |
| +7.57% | 8.06B | |
| -19.74% | 6.91B | |
| -8.47% | 2.98B | |
| -21.91% | 2.71B |
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