₦airaland Forum

emmanuelewumi:
Summary of 2022 financial performance of NASCON.


Date: 18th March 2023

Mkt price: N12.20k
Mkt cap: 32.3 billion
Enterprise value 25.8 billion


Revenue: 59 billion
Equity 19 billion
Outstanding shares 2.65 billion
EPS N2.06

5 years average EPS: N1.30k

Return On Equity: 27.9%
5 years average ROE: 24.9%
Normalized EPS using average ROE: N1.79k

Book value per share: N7.17k


Total Asset 55.5 billion
Current Asset 39 billion
Current liability 30 billion
Working capital 9 billion
Cash 13 billion


5% of Revenue: approximately 3billion
Excess cash 10 billion

OCF 3.5 billion
FCF 2.6 billion




Profit margin 9.3%

Gross Profit 24.5 billion
Operating Profit 8.6 billion
PAT 5.5 billion
EBIT 9 billion
EBITDA 11.3 billion


Capital employed 25.5 billion

Invested Capital 15.5 billion
Net cash 3.5 billion


Gross profit/Total Asset 44%

Quick ratio 43%


Cash Flow Return On Investment 13.7%
Cash Return On invested capital 16.8%
Return On Capital Employed 35.3%
Return On invested capital 38.8%


EV/FCF 9.9
EV/EBIT 2.87
EV/EBITDA 2.3
EV/Sales 0.44


EBITDA/Market cap yield 35%

5 yr earning CAGR 6%
3 yr earning CAGR 42%
Year on Year earning growth 89%


PE ratio 6.

Price/average 5 yr earning ratio 9.4


Dividend yield+ 5yr CAGR/ P(E) 5yr = 1.5

yMcy56:
DANGCEM sighted @285 with quite a lot of huge crossings at this junction....
GTCO: Looking up.....
ZENITH: looking down.......guess it's because of the HOLDCO Plan......... Opportunity loading here I guess.

beejay1:
https://doclib.ngxgroup.com/Financial_NewsDocs/ZBPLC_-_HoldCo_Announcement.pdf
Correct me if I am wrong, but this looks to me like Emefele favoring Zenith bank to minimize the effect of the 20year limit policy as communicated on 24th February 2023. Why is this approval coming now?

Ades1:
Dividend growth investors will be disappointed in UCAP. Could present an opportunity, time will tell

emmanuelewumi:
16% is very tempting for FGN 2049 bond auction slated for next week .


Hopefully we might get back to the days of about 18% yield

jideflash:
20kobo mopping still ongoing.

essentialone:
Hello, please be informed that the Central Bank of Nigeria (CBN) recently revised the Monetary Policy Rate (MPR), which controls the interest rate on savings.

Kindly find below the new interest rates;

N50,000 - N99,999 - 1.15%

N100,000 - N999,999 - 1.25%


N1,000,000 - N4,999,999 - 1.40%

N5 million and above - 1.50%
Thank you.

- From UBA

essentialone:
Hello, please be informed that the Central Bank of Nigeria (CBN) recently revised the Monetary Policy Rate (MPR), which controls the interest rate on savings.

Kindly find below the new interest rates;

N50,000 - N99,999 - 1.15%

N100,000 - N999,999 - 1.25%
This is wrong information. The CC agent gave you a wrong, cos this is an old rate after covid-19 if am not wrong.
The current rate for savings account is 4.95%

N1,000,000 - N4,999,999 - 1.40%

N5 million and above - 1.50%
Thank you.

- From UBA

locodemy:

locodemy:

Mfunkynation:
UBA might be "NEXT"... Buy Buy Buy Buy

Dwaynestefan:
My UBA Master Card no work

thesilentone:
The person unloading CWG @1.01

Resistance is 10% away - Continue

thesilentone:
UCAP in danger of a double top.
Mansard running into resistance - I have a trailing position

jp130:
Plz how is fidelity n fcmb looking like this morning?

Agbalowomeri:
Na lie o

Agbalowomeri:
No

locodemy:
Me and you dey rub mind together for Nigerian stocks with Aunty Mercy, you abandon us run go crypto.

Now you got the experience, just look for the money but not like that guy of yesterday oooo.Abi na you be that in another handle?

Agbalowomeri:
Oga na stock you wan buy or you wan snatch my babe

ositadima1:
Pls I am serious. But what is Nagode? Is it a stock?

edwardaigb:
Please is the market opening today? Can anyone help me with Morgan phone numbers.

yMcy56:
FBNH Huge volume towards closing up to 11.20.......Up with +0.50k .

emmasoft:
Request for your current cscs statement from your stockbroker.

Heishere:
Credited

emmasoft:
NAHCO credited already.

Jacobx007:
UBA card working

ololufemi:
GTL Registrars Limited located on Murtala Muhammad Road (opposite the Railway Station), Yaba, Lagos.