Ratings Dangote Cement Plc

Equities

DANGCEM

NGDANGCEM008

End-of-day quote Nigerian S.E. Other stock markets 03:30:00 30/04/2024 am IST			5-day change	1st Jan Change
656.7 ^NGN	-.--%		-.--%	+105.28%

30/04	Transcript : Dangote Cement Plc, Q1 2024 Earnings Call, Apr 30, 2024
25/04	Dangote Cement Plc Reports Earnings Results for the First Quarter Ended March 31, 2024	CI

Summary

The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.
The company presents an interesting fundamental situation from a short-term investment perspective.

Strengths

Analysts expect a sharply increasing business volume for the group, with high growth rates in the coming years.
Before interest, taxes, depreciation and amortization, the company's margins are particularly high.
The group's activity appears highly profitable thanks to its outperforming net margins.
This company will be of major interest to investors in search of a high dividend stock.
Over the past year, analysts have regularly revised upwards their sales forecast for the company.
Over the last 4 months, analysts have significantly revised upwards the company's estimated sales.
For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
For several months, analysts have been revising their EPS estimates roughly upwards.
The average price target of analysts who are interested in the stock has been strongly revised upwards over the last four months.
The group usually releases upbeat results with huge surprise rates.

Weaknesses

In relation to the value of its tangible assets, the company's valuation appears relatively high.
The appreciation potential seems limited due to the average target prices set by the analysts covering the stock.
The overall consensus opinion of analysts has deteriorated sharply over the past four months.
Prospects from analysts covering the stock are not consistent. Such dispersed sales estimates confirm the poor visibility into the group's activity.
The price targets of analysts who cover the stock differ significantly. This implies difficulties in evaluating the company and its business.

Ratings chart - Surperformance

Sector: Construction Materials

	1st Jan change	Capi.	ESG Refinitiv
DANGOTE CEMENT PLC	+105.28%	7.86B	-
HOLCIM LTD	+17.57%	47.17B	B
ANHUI CONCH CEMENT COMPANY LIMITED	+3.10%	15.66B	B+
JAMES HARDIE INDUSTRIES PLC	-5.52%	15.09B	D+
SHREE CEMENT LIMITED	-13.35%	10.57B	B+
EAGLE MATERIALS INC.	+26.09%	8.7B	D
TIANSHAN MATERIAL CO., LTD.	-3.59%	7.71B	C+
TAIWAN CEMENT CORP.	-8.03%	7.41B	B+
BUZZI S.P.A.	+23.97%	6.7B	B-
ACC LTD	+14.39%	5.7B	B

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes