Ellah Lakes Plc Records Higher Operating Loss Despite Improved Revenue and Strong Asset Backing

WA

Wane_Investment_House

Wane_Investment_House

Invested

Community Contributor

Published

03 Mar 25

Updated

30 Nov 25

n/a

n/a

Wane_Investment_House's Fair Value

n/a

1Y

356.0%

7D

13.6%

Loading

1Y

356.0%

7D

13.6%

You can edit this narrative until Dec 1 10:25 AM. Then, changes will post as Updates.

Author's Valuation

₦12.516.0% overvalued

Wane_Investment_House's Fair Value

Shared on 30 Nov 25

Fair value Decreased 11%

based on recent valuation and more share dilution

Shared on 11 Nov 25

Ellah Lakes Plc Public Offer – Transformational Growth through Strategic Expansion

Pioneering Nigeria’s Integrated Agribusiness Future Overview Founded in 1980 , Ellah Lakes Plc stands as a leading Nigerian agribusiness enterprise , pioneering large-scale, sustainable agricultural development across the country. The company is strategically positioned in the cultivation and processing of oil palm, cassava, soybean, maize, rice, and livestock , all of which are central to Nigeria’s food security and industrial raw material supply chains.

Shared on 08 Oct 25

Fair value Increased 84%

Ellah Lakes Plc: Strategic Expansion Through ARPN Acquisition Transaction Overview Ellah Lakes Plc has entered into an agreement to acquire 100% of Agro-Allied Resources & Processing Nigeria Limited (ARPN) from ARPN PTE Ltd , a Singapore-based entity jointly owned by Tolaram Africa and Valuestar Holdings. The deal—subject to FCCPC regulatory clearance —is expected to close by December 2025 and significantly expand Ellah Lakes’ footprint in the oil palm and cassava value chains.

Shared on 21 Jul 25

Fair value Increased 152%

WaneInvestmentHouse has decreased revenue growth from 275.0% to 33.0%, increased profit margin from 61.0% to 77.0%, increased future PE multiple from 402.0x to 802.0x and increased shares outstanding growth rate from -0.1% to 0.3%.

Wane_Investment_House'sFair Value

₦12.5

16.0% overvalued

Future estimation in

% p.a.

0

Decrease

Increase

Current revenue growth rate

0.00%

Food revenue growth rate

0.44%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

%

0

Decrease

Increase

Current discount rate

25.87%

Calculation

₦262.74m

Earnings '28

x

802.00x

PE Ratio '28

=

₦210.72b

Market Cap '28

₦210.72b

Market Cap '28

/

8.48b

No. shares '28

=

₦24.86

Share Price '28

₦24.86 Share Price '28

Discounted to 2025 @ 25.75% p.a.

=

₦12.50

Fair Value '25