Financials The Okomu Oil Palm Company Plc

Equities

OKOMUOIL

NGOKOMUOIL00

Food Processing

End-of-day quote Nigerian S.E. 03:30:00 26/04/2024 am IST 5-day change 1st Jan Change
232.5 NGN -5.68% Intraday chart for The Okomu Oil Palm Company Plc -5.87% -10.58%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024
Capitalization 1 53,037 86,806 1,35,455 1,57,395 2,48,017 2,21,784
Enterprise Value (EV) 1 53,037 86,806 1,38,379 1,62,595 2,48,017 2,21,784
P/E ratio 9.64 x 11.8 x 9.65 x 9.08 x - -
Yield 3.6% 3.85% 5.63% 5.45% 7.12% 3.87%
Capitalization / Revenue 2.71 x 3.71 x 3.62 x 2.66 x 3.31 x 4.07 x
EV / Revenue 2.71 x 3.71 x 3.62 x 2.66 x 3.31 x 4.07 x
EV / EBITDA 54,24,326 x 80,15,810 x 71,64,874 x 54,77,348 x - -
EV / FCF - - 1,28,80,138 x - - -
FCF Yield - - 0% - - -
Price to Book - 2.5 x 3.2 x - - -
Nbr of stocks (in thousands) 9,53,910 9,53,910 9,53,910 9,53,910 9,53,910 9,53,910
Reference price 2 55.60 91.00 142.0 165.0 260.0 232.5
Announcement Date 04/02/20 26/01/21 28/01/22 30/01/23 29/01/24 -
1NGN in Million2NGN
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024
Net sales 1 19,601 23,411 37,457 59,246 74,987 54,559
EBITDA 9,778 10,829 18,905 28,736 - -
EBIT 8,083 8,526 16,100 25,004 - -
Operating Margin 41.24% 36.42% 42.98% 42.2% - -
Earnings before Tax (EBT) 7,978 8,452 16,287 22,918 - -
Net income 5,505 7,387 14,043 17,337 - -
Net margin 28.08% 31.56% 37.49% 29.26% - -
EPS 5.770 7.740 14.72 18.17 - -
Free Cash Flow - - 10,517 - - -
FCF margin - - 28.08% - - -
FCF Conversion (EBITDA) - - 55.63% - - -
FCF Conversion (Net income) - - 74.89% - - -
Dividend per Share 2 2.000 3.500 8.000 9.000 18.50 9.000
Announcement Date 04/02/20 26/01/21 28/01/22 30/01/23 29/01/24 -
1NGN in Million2NGN
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024
Net Debt - - 2,924 5,200 - -
Net Cash position - - - - - -
Leverage (Debt/EBITDA) - - 0.1547 x 0.1809 x - -
Free Cash Flow - - 10,517 - - -
ROE (net income / shareholders' equity) 19.1% 23.2% 36.4% 48.9% - -
ROA (Net income/ Total Assets) 13.5% 15% 23.3% - - -
Assets 40,806 49,090 60,370 - - -
Book Value Per Share - 36.50 44.40 - - -
Cash Flow per Share 1.520 - - - - -
Capex 4,411 9,093 13,553 11,616 8,167 -
Capex / Sales 22.5% 38.84% 36.18% 19.61% 10.89% -
Announcement Date 04/02/20 26/01/21 28/01/22 30/01/23 29/01/24 -
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
2
Last Close Price
232.5 NGN
Average target price
272.4 NGN
Spread / Average Target
+17.17%
Consensus

Annual profits - Rate of surprise

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