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Nigerian Potentially Undervalued Companies

Nigerian Potentially Undervalued Companies

Name: Financial Insights Based on S&P Global Market Intelligence
Creator: Simply Wall St Pty Ltd
License: https://www.spglobal.com/content/dam/spglobal/corporate/en/documents/secure/MI-FastTrack-Terms-and-Conditions-July-2023.pdf

Results

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Companies with a Value score of at least 3, ordered by Value score

31 companies

Company	Last Price	7D Return	1Y Return	Market Cap	Analysts Target	Valuation	Growth	Div Yield	Industry
GTCO Guaranty Trust Holding	₦57.00	7.6%	42.3%	₦1.2t	₦65.22	PB0.5x	E-9.2%	6.5%	Banks
INTENEGINS International Energy Insurance	₦1.47	0%	5.8%	₦1.9b	n/a	PS0.4x	n/a	n/a	Insurance
ETERNA Eterna	₦29.45	32.4%	145.4%	₦38.4b	₦16.48	PS0.1x	n/a	0.5%	Energy
NESTLE Nestlé Nigeria	₦875.00	1.7%	-22.6%	₦693.6b	₦1,150.31	PS0.9x	E78.8%	0%	Food, Beverage & Tobacco
NAHCO Nigerian Aviation Handling	₦46.10	21.6%	71.7%	₦89.9b	n/a	PE9.2x	n/a	5.5%	Transportation
WAPCO Lafarge Africa	₦68.50	-2.1%	117.8%	₦1.1t	₦60.45	PE15.3x	E26.1%	2.8%	Materials
REDSTAREX Red Star Express	₦4.41	0%	38.7%	₦4.2b	n/a	PE10.4x	n/a	6.1%	Transportation
HONYFLOUR Honeywell Flour Mills	₦6.05	31.5%	85.0%	₦48.0b	n/a	PS0.2x	n/a	0%	Food, Beverage & Tobacco
NCR NCR (Nigeria)	₦4.73	-3.5%	19.4%	₦510.8m	n/a	PS0.2x	n/a	n/a	Software
CAVERTON Caverton Offshore Support Group	₦2.40	21.2%	31.9%	₦8.0b	n/a	PS0.2x	n/a	0%	Energy
AIRTELAFRI Airtel Africa	₦2,156.90	0%	14.3%	₦3.9b	₦2,761.12	PS1x	E46.7%	4.7%	Telecom
MTNN MTN Nigeria Communications	₦175.50	-0.3%	-29.8%	₦3.7t	₦207.80	PS1.2x	E82.0%	0%	Telecom
SMURFIT Smart Products Nigeria	₦0.20	0%	0%	₦9.5m	n/a	PE1x	n/a	40.0%	Real Estate Management and Development
ZENITHBANK Zenith Bank	₦45.85	4.2%	21.0%	₦1.4t	₦55.12	PB0.4x	E-2.9%	9.8%	Banks
NASCON Nascon Allied Industries	₦32.40	0%	-35.7%	₦87.6b	₦39.73	PE7.5x	E19.5%	6.1%	Food, Beverage & Tobacco
TOTAL TotalEnergies Marketing Nigeria	₦673.90	0%	75.0%	₦228.8b	₦509.74	PE7.8x	E56.6%	3.7%	Energy
ACADEMY Academy Press	₦3.00	7.1%	66.7%	₦2.3b	n/a	PE3.9x	n/a	3.3%	Commercial Services
IKEJAHOTEL Ikeja Hotel	₦9.15	4.0%	86.7%	₦19.8b	n/a	PE5.8x	n/a	0.8%	Consumer Services
PZ PZ Cussons Nigeria	₦23.00	-8.0%	-11.5%	₦91.3b	n/a	PS0.5x	n/a	0%	Household
MULTIVERSE Multiverse Mining and Exploration	₦4.60	-18.6%	-67.1%	₦2.0b	n/a	PE6.1x	n/a	2.2%	Materials
OMATEK Omatek Ventures	₦0.68	4.6%	6.3%	₦2.0b	n/a	PE7.3x	n/a	n/a	Tech
UBA United Bank for Africa	₦33.75	1.0%	31.8%	₦1.2t	₦36.21	PB0.3x	E8.2%	12.7%	Banks
GUINNESS Guinness Nigeria	₦67.00	3.1%	8.1%	₦146.8b	₦71.11	PS0.4x	E83.4%	0%	Food, Beverage & Tobacco
FBNH FBN Holdings	₦26.80	1.1%	11.7%	₦962.0b	₦29.82	PB0.4x	S13.5%	1.5%	Banks

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