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Q2/H1 Result – Growth in Revenue, but Structural Challenges Persist (Revenue Momentum Not Yet Translating into Balance Sheet Strength)

Published
03 Mar 25
Updated
25 Jul 25
WaneInvestmentHouse's Fair Value
₦3.50
5.7% undervalued intrinsic discount
25 Jul
₦3.30
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1Y
-9.6%
7D
0%

Author's Valuation

₦3.5

5.7% undervalued intrinsic discount

WaneInvestmentHouse's Fair Value

Shared on25 Jul 25
Fair value Increased 35%

WaneInvestmentHouse has decreased revenue growth from 10.9% to 0.0%, decreased profit margin from 2.9% to 2.5%, increased future PE multiple from 3.6x to 5.6x and decreased shares outstanding growth rate from 0.1% to 0.0%.

Shared on25 Apr 25
Fair value Decreased 13%

WaneInvestmentHouse has decreased revenue growth from 13.6% to 10.9% and decreased discount rate from 10.0% to 3.0%.