View Financial HealthMultiverse Mining and Exploration 배당 및 자사주 매입배당 기준 점검 0/6Multiverse Mining and Exploration 은(는) 현재 수익률이 0.39% 인 배당금 지급 회사입니다.핵심 정보0.4%배당 수익률n/a자사주 매입 수익률총 주주 수익률n/a미래 배당 수익률n/a배당 성장률n/a다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향5%최근 배당 및 자사주 매입 업데이트Upcoming Dividend • May 19Upcoming dividend of ₦0.10 per shareEligible shareholders must have bought the stock before 26 May 2025. Payment date: 18 June 2025. Payout ratio is a comfortable 6.6% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of Nigerian dividend payers (5.9%). Lower than average of industry peers (3.2%).공지 • Apr 29Multiverse Mining and Exploration Plc announces Annual dividend, payable on June 18, 2025Multiverse Mining and Exploration Plc announced Annual dividend of NGN 0.1000 per share payable on June 18, 2025, ex-date on May 26, 2025 and record date on May 23, 2025.Upcoming Dividend • Apr 05Upcoming dividend of ₦0.05 per shareEligible shareholders must have bought the stock before 12 April 2024. Payment date: 02 May 2024. Payout ratio is a comfortable 7.4% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of Nigerian dividend payers (6.3%). Lower than average of industry peers (3.8%).Upcoming Dividend • May 18Inaugural dividend of ₦0.05 per shareEligible shareholders must have bought the stock before 25 May 2023. Payment date: 14 June 2023. This is the first dividend for Multiverse Mining and Exploration since going public. The average dividend yield among industry peers is 6.3%.모든 업데이트 보기Recent updatesReported Earnings • May 06First quarter 2026 earnings released: EPS: ₦0.17 (vs ₦0.013 in 1Q 2025)First quarter 2026 results: EPS: ₦0.17 (up from ₦0.013 in 1Q 2025). Revenue: ₦117.3m (up 2.3% from 1Q 2025). Net income: ₦72.5m (up ₦67.1m from 1Q 2025). Profit margin: 62% (up from 4.7% in 1Q 2025). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has increased by 90% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Apr 17Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₦23.80, the stock trades at a trailing P/E ratio of 18.5x. Average trailing P/E is 17x in the Metals and Mining industry in Africa. Total returns to shareholders of 878% over the past three years.Valuation Update With 7 Day Price Move • Apr 02Investor sentiment improves as stock rises 21%After last week's 21% share price gain to ₦20.15, the stock trades at a trailing P/E ratio of 15.1x. Average trailing P/E is 15x in the Metals and Mining industry in Africa. Total returns to shareholders of 687% over the past three years.Valuation Update With 7 Day Price Move • Mar 11Investor sentiment deteriorates as stock falls 27%After last week's 27% share price decline to ₦16.65, the stock trades at a trailing P/E ratio of 12.5x. Average trailing P/E is 17x in the Metals and Mining industry in Africa. Total returns to shareholders of 346% over the past three years.Valuation Update With 7 Day Price Move • Feb 25Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to ₦22.70, the stock trades at a trailing P/E ratio of 17x. Average trailing P/E is 17x in the Metals and Mining industry in Africa. Total returns to shareholders of 489% over the past three years.Board Change • Feb 19Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Chairman Abel Olayinka was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Feb 05Full year 2025 earnings released: EPS: ₦1.36 (vs ₦0.89 in FY 2024)Full year 2025 results: EPS: ₦1.36 (up from ₦0.89 in FY 2024). Revenue: ₦985.7m (up 3.9% from FY 2024). Net income: ₦569.4m (up 50% from FY 2024). Profit margin: 58% (up from 40% in FY 2024). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has increased by 85% per year, which means it is tracking significantly ahead of earnings growth.Board Change • Feb 04Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 2 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Chairman Abel Olayinka was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Valuation Update With 7 Day Price Move • Jan 16Investor sentiment improves as stock rises 21%After last week's 21% share price gain to ₦28.25, the stock trades at a trailing P/E ratio of 14.6x. Average trailing P/E is 24x in the Metals and Mining industry in Africa. Total returns to shareholders of 629% over the past three years.New Risk • Jan 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Nigerian stocks, typically moving 9.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m (₦1.4b revenue, or US$951k). Market cap is less than US$10m (₦8.29b market cap, or US$5.83m). Minor Risks High level of debt (61% net debt to equity). Share price has been volatile over the past 3 months (9.3% average weekly change).Valuation Update With 7 Day Price Move • Jan 02Investor sentiment improves as stock rises 21%After last week's 21% share price gain to ₦14.65, the stock trades at a trailing P/E ratio of 7.6x. Average trailing P/E is 21x in the Metals and Mining industry in Africa. Total returns to shareholders of 278% over the past three years.Board Change • Dec 03Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 1 highly experienced director. 2 independent directors (5 non-independent directors). Independent Chairman Abel Olayinka was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Buy Or Sell Opportunity • Dec 03Now 32% overvaluedOver the last 90 days, the stock has fallen 3.9% to ₦11.05. The fair value is estimated to be ₦8.39, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Earnings per share has grown by 44%.Valuation Update With 7 Day Price Move • Nov 10Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ₦10.60, the stock trades at a trailing P/E ratio of 5.5x. Average trailing P/E is 19x in the Metals and Mining industry in Africa. Total returns to shareholders of 183% over the past three years.Reported Earnings • Nov 02Third quarter 2025 earnings released: EPS: ₦0.95 (vs ₦0.11 in 3Q 2024)Third quarter 2025 results: EPS: ₦0.95 (up from ₦0.11 in 3Q 2024). Revenue: ₦499.0m (up 157% from 3Q 2024). Net income: ₦408.2m (up ₦363.0m from 3Q 2024). Profit margin: 82% (up from 23% in 3Q 2024). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 44% per year whereas the company’s share price has increased by 45% per year.Board Change • Oct 23Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 1 highly experienced director. 2 independent directors (5 non-independent directors). Independent Chairman Abel Olayinka was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Valuation Update With 7 Day Price Move • Sep 16Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₦13.60, the stock trades at a trailing P/E ratio of 12.3x. Average trailing P/E is 18x in the Metals and Mining industry in Africa. Total returns to shareholders of 390% over the past three years.Valuation Update With 7 Day Price Move • Jul 31Investor sentiment improves as stock rises 21%After last week's 21% share price gain to ₦10.85, the stock trades at a trailing P/E ratio of 16.6x. Average trailing P/E is 13x in the Metals and Mining industry in Africa. Total returns to shareholders of 552% over the past three years.Valuation Update With 7 Day Price Move • Jul 10Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₦10.10, the stock trades at a trailing P/E ratio of 15.4x. Average trailing P/E is 13x in the Metals and Mining industry in Africa. Total returns to shareholders of 476% over the past three years.Valuation Update With 7 Day Price Move • May 30Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₦7.60, the stock trades at a trailing P/E ratio of 11.6x. Average trailing P/E is 14x in the Metals and Mining industry in Africa. Total returns to shareholders of 290% over the past three years.Upcoming Dividend • May 19Upcoming dividend of ₦0.10 per shareEligible shareholders must have bought the stock before 26 May 2025. Payment date: 18 June 2025. Payout ratio is a comfortable 6.6% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of Nigerian dividend payers (5.9%). Lower than average of industry peers (3.2%).Valuation Update With 7 Day Price Move • May 07Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₦8.35, the stock trades at a trailing P/E ratio of 12.8x. Average trailing P/E is 17x in the Metals and Mining industry in Africa. Total returns to shareholders of 304% over the past three years.Reported Earnings • May 02First quarter 2025 earnings released: EPS: ₦0.02 (vs ₦0.25 in 1Q 2024)First quarter 2025 results: EPS: ₦0.02 (down from ₦0.25 in 1Q 2024). Revenue: ₦114.6m (down 43% from 1Q 2024). Net income: ₦8.91m (down 92% from 1Q 2024). Profit margin: 7.8% (down from 54% in 1Q 2024). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth.공지 • Apr 30Multiverse Mining and Exploration Plc, Annual General Meeting, Jun 11, 2025Multiverse Mining and Exploration Plc, Annual General Meeting, Jun 11, 2025, at 11:00 W. Central Africa Standard Time. Location: virginrose resorts, plot 1231a, bishop oluwole street, victoria island, lagos, Nigeria공지 • Apr 29Multiverse Mining and Exploration Plc announces Annual dividend, payable on June 18, 2025Multiverse Mining and Exploration Plc announced Annual dividend of NGN 0.1000 per share payable on June 18, 2025, ex-date on May 26, 2025 and record date on May 23, 2025.Board Change • Apr 24Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 1 highly experienced director. 2 independent directors (5 non-independent directors). Independent Chairman Abel Olayinka was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Valuation Update With 7 Day Price Move • Mar 03Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to ₦8.80, the stock trades at a trailing P/E ratio of 9.3x. Average trailing P/E is 12x in the Metals and Mining industry in Africa. Total returns to shareholders of 289% over the past three years.Board Change • Feb 07Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 1 highly experienced director. 2 independent directors (5 non-independent directors). Independent Chairman Abel Olayinka was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Jan 27Full year 2024 earnings released: EPS: ₦0.95 (vs ₦0.62 in FY 2023)Full year 2024 results: EPS: ₦0.95 (up from ₦0.62 in FY 2023). Revenue: ₦948.4m (up 44% from FY 2023). Net income: ₦404.4m (up 52% from FY 2023). Profit margin: 43% (up from 40% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has increased by 71% per year, which means it is tracking significantly ahead of earnings growth.Buy Or Sell Opportunity • Jan 08Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 21% to ₦10.65. The fair value is estimated to be ₦8.62, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 32% over the last 3 years. Meanwhile, the company has become profitable.New Risk • Dec 20New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Nigerian stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m (₦845m revenue, or US$547k). Market cap is less than US$10m (₦1.96b market cap, or US$1.27m). Minor Risks High level of debt (234% net debt to equity). Share price has been volatile over the past 3 months (7.5% average weekly change).Valuation Update With 7 Day Price Move • Dec 20Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to ₦4.60, the stock trades at a trailing P/E ratio of 6.1x. Average trailing P/E is 11x in the Metals and Mining industry in Africa. Total returns to shareholders of 134% over the past three years.Buy Or Sell Opportunity • Nov 26Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 47% to ₦5.90. The fair value is estimated to be ₦7.66, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 32% over the last 3 years. Meanwhile, the company has become profitable.Valuation Update With 7 Day Price Move • Nov 25Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ₦6.55, the stock trades at a trailing P/E ratio of 8.7x. Average trailing P/E is 12x in the Metals and Mining industry in Africa. Total returns to shareholders of 233% over the past three years.Board Change • Nov 20Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 1 highly experienced director. 2 independent directors (5 non-independent directors). Independent Chairman Abel Olayinka was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Oct 30Third quarter 2024 earnings released: EPS: ₦0.11 (vs ₦0.20 in 3Q 2023)Third quarter 2024 results: EPS: ₦0.11 (down from ₦0.20 in 3Q 2023). Revenue: ₦194.2m (up 86% from 3Q 2023). Net income: ₦45.3m (down 47% from 3Q 2023). Profit margin: 23% (down from 82% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 68% per year whereas the company’s share price has increased by 64% per year.Valuation Update With 7 Day Price Move • Sep 26Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to ₦9.10, the stock trades at a trailing P/E ratio of 10.7x. Average trailing P/E is 13x in the Metals and Mining industry in Africa. Total returns to shareholders of 362% over the past three years.Reported Earnings • Jul 22Second quarter 2024 earnings released: EPS: ₦0.16 (vs ₦0.06 in 2Q 2023)Second quarter 2024 results: EPS: ₦0.16 (up from ₦0.06 in 2Q 2023). Revenue: ₦178.9m (up 44% from 2Q 2023). Net income: ₦69.5m (up 192% from 2Q 2023). Profit margin: 39% (up from 19% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 78% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 02First quarter 2024 earnings released: EPS: ₦0.25 (vs ₦0.13 in 1Q 2023)First quarter 2024 results: EPS: ₦0.25 (up from ₦0.13 in 1Q 2023). Revenue: ₦201.4m (up 26% from 1Q 2023). Net income: ₦108.4m (up 90% from 1Q 2023). Profit margin: 54% (up from 36% in 1Q 2023). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 95% per year whereas the company’s share price has increased by 90% per year.Upcoming Dividend • Apr 05Upcoming dividend of ₦0.05 per shareEligible shareholders must have bought the stock before 12 April 2024. Payment date: 02 May 2024. Payout ratio is a comfortable 7.4% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of Nigerian dividend payers (6.3%). Lower than average of industry peers (3.8%).Reported Earnings • Feb 01Full year 2023 earnings released: EPS: ₦0.68 (vs ₦0.45 in FY 2022)Full year 2023 results: EPS: ₦0.68 (up from ₦0.45 in FY 2022). Revenue: ₦658.3m (up 9.3% from FY 2022). Net income: ₦287.9m (up 52% from FY 2022). Profit margin: 44% (up from 32% in FY 2022). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has only increased by 98% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Dec 07Investor sentiment improves as stock rises 43%After last week's 43% share price gain to ₦8.54, the stock trades at a trailing P/E ratio of 15x. Average trailing P/E is 9x in the Metals and Mining industry in Africa. Total returns to shareholders of 332% over the past three years.Valuation Update With 7 Day Price Move • Nov 17Investor sentiment improves as stock rises 25%After last week's 25% share price gain to ₦3.63, the stock trades at a trailing P/E ratio of 6.4x. Average trailing P/E is 9x in the Metals and Mining industry in Africa. Total returns to shareholders of 84% over the past three years.Valuation Update With 7 Day Price Move • Oct 31Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₦3.20, the stock trades at a trailing P/E ratio of 5.6x. Average trailing P/E is 9x in the Metals and Mining industry in Africa. Total returns to shareholders of 62% over the past three years.Reported Earnings • Oct 26Third quarter 2023 earnings released: EPS: ₦0.20 (vs ₦0.20 in 3Q 2022)Third quarter 2023 results: EPS: ₦0.20 (in line with 3Q 2022). Revenue: ₦104.4m (down 31% from 3Q 2022). Net income: ₦86.0m (up 34% from 3Q 2022). Profit margin: 82% (up from 43% in 3Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 114% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.New Risk • Oct 15New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Nigerian stocks, typically moving 8.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m (₦634m revenue, or US$824k). Market cap is less than US$10m (₦1.26b market cap, or US$1.63m). Minor Risks High level of debt (393% net debt to equity). Share price has been volatile over the past 3 months (8.9% average weekly change).Valuation Update With 7 Day Price Move • Jul 26Investor sentiment deteriorates as stock falls 27%After last week's 27% share price decline to ₦2.71, the stock trades at a trailing P/E ratio of 5.4x. Average trailing P/E is 8x in the Metals and Mining industry in Africa. Total returns to shareholders of 37% over the past three years.Reported Earnings • Jul 19Second quarter 2023 earnings released: EPS: ₦0.06 (vs ₦0.025 in 2Q 2022)Second quarter 2023 results: EPS: ₦0.06 (up from ₦0.025 in 2Q 2022). Revenue: ₦124.2m (flat on 2Q 2022). Net income: ₦23.8m (up 54% from 2Q 2022). Profit margin: 19% (up from 13% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 119% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.New Risk • Jun 18New major risk - Revenue sizeThe company makes less than US$1m in revenue. Total revenue: ₦634m (US$966k) This is considered a major risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Revenue is less than US$1m (₦634m revenue, or US$966k). Market cap is less than US$10m (₦1.58b market cap, or US$2.40m). Minor Risk High level of debt (396% net debt to equity).Upcoming Dividend • May 18Inaugural dividend of ₦0.05 per shareEligible shareholders must have bought the stock before 25 May 2023. Payment date: 14 June 2023. This is the first dividend for Multiverse Mining and Exploration since going public. The average dividend yield among industry peers is 6.3%.Reported Earnings • May 04First quarter 2023 earnings released: EPS: ₦0.13 (vs ₦0.15 in 1Q 2022)First quarter 2023 results: EPS: ₦0.13. Revenue: ₦159.5m (up 25% from 1Q 2022). Net income: ₦57.1m (up 41% from 1Q 2022). Profit margin: 36% (up from 32% in 1Q 2022). The increase in margin was driven by higher revenue.Valuation Update With 7 Day Price Move • May 02Investor sentiment improves as stock rises 22%After last week's 22% share price gain to ₦3.05, the stock trades at a trailing P/E ratio of 6.9x. Average trailing P/E is 6x in the Metals and Mining industry in Africa. Total returns to shareholders of 53% over the past three years.Valuation Update With 7 Day Price Move • Apr 06Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to ₦2.63, the stock trades at a trailing P/E ratio of 5.7x. Average trailing P/E is 6x in the Metals and Mining industry in Africa. Total returns to shareholders of 32% over the past three years.Valuation Update With 7 Day Price Move • Mar 22Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to ₦3.25, the stock trades at a trailing P/E ratio of 7x. Average trailing P/E is 7x in the Metals and Mining industry in Africa. Total returns to shareholders of 63% over the past three years.Reported Earnings • Feb 04Full year 2022 earnings releasedFull year 2022 results: Revenue: ₦602.3m (up 108% from FY 2021). Net income: ₦198.0m (up ₦184.0m from FY 2021). Profit margin: 33% (up from 4.8% in FY 2021). The increase in margin was driven by higher revenue.Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 2 highly experienced directors. 1 independent director (4 non-independent directors). Non-Executive Independent Director Mamman Zargana was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Valuation Update With 7 Day Price Move • Sep 29Investor sentiment improved over the past weekAfter last week's 31% share price gain to ₦3.69, the stock trades at a trailing P/E ratio of 15.2x. Average trailing P/E is 5x in the Metals and Mining industry in Africa. Total returns to shareholders of 85% over the past three years.Valuation Update With 7 Day Price Move • Sep 15Investor sentiment improved over the past weekAfter last week's 19% share price gain to ₦2.80, the stock trades at a trailing P/E ratio of 11.5x. Average trailing P/E is 6x in the Metals and Mining industry in Africa. Total returns to shareholders of 40% over the past three years.Buying Opportunity • Sep 08Now 24% undervaluedOver the last 90 days, the stock is up 18%. The fair value is estimated to be ₦3.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 116% over the last 3 years. Meanwhile, the company has become profitable.Valuation Update With 7 Day Price Move • Aug 30Investor sentiment improved over the past weekAfter last week's 25% share price gain to ₦2.62, the stock trades at a trailing P/E ratio of 10.8x. Average trailing P/E is 6x in the Metals and Mining industry in Africa. Total returns to shareholders of 31% over the past three years.Valuation Update With 7 Day Price Move • Aug 15Investor sentiment improved over the past weekAfter last week's 20% share price gain to ₦2.25, the stock trades at a trailing P/E ratio of 9.3x. Average trailing P/E is 7x in the Metals and Mining industry in Africa. Total returns to shareholders of 13% over the past three years.Reported Earnings • Aug 02Second quarter 2022 earnings releasedSecond quarter 2022 results: EPS: ₦0.002. Revenue: ₦124.1m (up 186% from 2Q 2021). Net income: ₦20.1m (up ₦35.5m from 2Q 2021). Profit margin: 16% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Jul 15Investor sentiment improved over the past weekAfter last week's 810% share price gain to ₦1.82, the stock trades at a trailing P/E ratio of 14.3x. Average trailing P/E is 6x in the Metals and Mining industry in Africa. Total loss to shareholders of 9.0% over the past three years.Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 2 highly experienced directors. 1 independent director (4 non-independent directors). Non-Executive Independent Director Mamman Zargana was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Jan 27Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: ₦0.02 (up from ₦0.046 loss in FY 2020). Revenue: ₦289.2m (up 346% from FY 2020). Net income: ₦64.8m (up ₦262.3m from FY 2020). Profit margin: 22% (up from net loss in FY 2020). The move to profitability was primarily driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Reported Earnings • Nov 01Third quarter 2021 earnings releasedThird quarter 2021 results: Net income: ₦17.5m (up ₦59.5m from 3Q 2020).Reported Earnings • May 05First quarter 2021 earnings releasedFirst quarter 2021 results: Net loss: ₦13.0m (loss narrowed 67% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Is New 90 Day High Low • Feb 08New 90-day high: ₦0.26The company is up 30% from its price of ₦0.20 on 10 November 2020. The Nigerien market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 14% over the same period.Is New 90 Day High Low • Jan 21New 90-day high: ₦0.22The company is up 10.0% from its price of ₦0.20 on 23 October 2020. The Nigerien market is up 37% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Metals and Mining industry, which is up 6.0% over the same period.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: MULTIVERSE NG 시장에서 주목할만한 배당금을 지급하지 않으므로 지급이 안정적인지 확인할 필요가 없습니다.배당금 증가: MULTIVERSE NG 시장에서 주목할만한 배당금을 지급하지 않으므로 지급액이 증가하는지 확인할 필요가 없습니다.배당 수익률 vs 시장Multiverse Mining and Exploration 배당 수익률 vs 시장MULTIVERSE의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (MULTIVERSE)0.4%시장 하위 25% (NG)1.0%시장 상위 25% (NG)3.3%업계 평균 (Metals and Mining)3.2%분석가 예측 (MULTIVERSE) (최대 3년)n/a주목할만한 배당금: MULTIVERSE 의 배당금( 0.39% )은 NG 시장에서 배당금 지급자의 하위 25%( 1.02% )와 비교해 주목할 만하지 않습니다.고배당: MULTIVERSE 의 배당금( 0.39% )은 NG 시장에서 배당금 지급자의 상위 25%( 3.32% )와 비교해 낮습니다.주주 대상 이익 배당수익 보장: MULTIVERSE NG 시장에서 주목할만한 배당금을 지급하지 않습니다.주주 현금 배당현금 흐름 범위: MULTIVERSE NG 시장에서 주목할만한 배당금을 지급하지 않습니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YNG 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/07 04:00종가2026/05/07 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Multiverse Mining and Exploration Plc는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
Upcoming Dividend • May 19Upcoming dividend of ₦0.10 per shareEligible shareholders must have bought the stock before 26 May 2025. Payment date: 18 June 2025. Payout ratio is a comfortable 6.6% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of Nigerian dividend payers (5.9%). Lower than average of industry peers (3.2%).
공지 • Apr 29Multiverse Mining and Exploration Plc announces Annual dividend, payable on June 18, 2025Multiverse Mining and Exploration Plc announced Annual dividend of NGN 0.1000 per share payable on June 18, 2025, ex-date on May 26, 2025 and record date on May 23, 2025.
Upcoming Dividend • Apr 05Upcoming dividend of ₦0.05 per shareEligible shareholders must have bought the stock before 12 April 2024. Payment date: 02 May 2024. Payout ratio is a comfortable 7.4% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of Nigerian dividend payers (6.3%). Lower than average of industry peers (3.8%).
Upcoming Dividend • May 18Inaugural dividend of ₦0.05 per shareEligible shareholders must have bought the stock before 25 May 2023. Payment date: 14 June 2023. This is the first dividend for Multiverse Mining and Exploration since going public. The average dividend yield among industry peers is 6.3%.
Reported Earnings • May 06First quarter 2026 earnings released: EPS: ₦0.17 (vs ₦0.013 in 1Q 2025)First quarter 2026 results: EPS: ₦0.17 (up from ₦0.013 in 1Q 2025). Revenue: ₦117.3m (up 2.3% from 1Q 2025). Net income: ₦72.5m (up ₦67.1m from 1Q 2025). Profit margin: 62% (up from 4.7% in 1Q 2025). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has increased by 90% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Apr 17Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₦23.80, the stock trades at a trailing P/E ratio of 18.5x. Average trailing P/E is 17x in the Metals and Mining industry in Africa. Total returns to shareholders of 878% over the past three years.
Valuation Update With 7 Day Price Move • Apr 02Investor sentiment improves as stock rises 21%After last week's 21% share price gain to ₦20.15, the stock trades at a trailing P/E ratio of 15.1x. Average trailing P/E is 15x in the Metals and Mining industry in Africa. Total returns to shareholders of 687% over the past three years.
Valuation Update With 7 Day Price Move • Mar 11Investor sentiment deteriorates as stock falls 27%After last week's 27% share price decline to ₦16.65, the stock trades at a trailing P/E ratio of 12.5x. Average trailing P/E is 17x in the Metals and Mining industry in Africa. Total returns to shareholders of 346% over the past three years.
Valuation Update With 7 Day Price Move • Feb 25Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to ₦22.70, the stock trades at a trailing P/E ratio of 17x. Average trailing P/E is 17x in the Metals and Mining industry in Africa. Total returns to shareholders of 489% over the past three years.
Board Change • Feb 19Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Chairman Abel Olayinka was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Feb 05Full year 2025 earnings released: EPS: ₦1.36 (vs ₦0.89 in FY 2024)Full year 2025 results: EPS: ₦1.36 (up from ₦0.89 in FY 2024). Revenue: ₦985.7m (up 3.9% from FY 2024). Net income: ₦569.4m (up 50% from FY 2024). Profit margin: 58% (up from 40% in FY 2024). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has increased by 85% per year, which means it is tracking significantly ahead of earnings growth.
Board Change • Feb 04Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 2 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Chairman Abel Olayinka was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Valuation Update With 7 Day Price Move • Jan 16Investor sentiment improves as stock rises 21%After last week's 21% share price gain to ₦28.25, the stock trades at a trailing P/E ratio of 14.6x. Average trailing P/E is 24x in the Metals and Mining industry in Africa. Total returns to shareholders of 629% over the past three years.
New Risk • Jan 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Nigerian stocks, typically moving 9.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m (₦1.4b revenue, or US$951k). Market cap is less than US$10m (₦8.29b market cap, or US$5.83m). Minor Risks High level of debt (61% net debt to equity). Share price has been volatile over the past 3 months (9.3% average weekly change).
Valuation Update With 7 Day Price Move • Jan 02Investor sentiment improves as stock rises 21%After last week's 21% share price gain to ₦14.65, the stock trades at a trailing P/E ratio of 7.6x. Average trailing P/E is 21x in the Metals and Mining industry in Africa. Total returns to shareholders of 278% over the past three years.
Board Change • Dec 03Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 1 highly experienced director. 2 independent directors (5 non-independent directors). Independent Chairman Abel Olayinka was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Buy Or Sell Opportunity • Dec 03Now 32% overvaluedOver the last 90 days, the stock has fallen 3.9% to ₦11.05. The fair value is estimated to be ₦8.39, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Earnings per share has grown by 44%.
Valuation Update With 7 Day Price Move • Nov 10Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ₦10.60, the stock trades at a trailing P/E ratio of 5.5x. Average trailing P/E is 19x in the Metals and Mining industry in Africa. Total returns to shareholders of 183% over the past three years.
Reported Earnings • Nov 02Third quarter 2025 earnings released: EPS: ₦0.95 (vs ₦0.11 in 3Q 2024)Third quarter 2025 results: EPS: ₦0.95 (up from ₦0.11 in 3Q 2024). Revenue: ₦499.0m (up 157% from 3Q 2024). Net income: ₦408.2m (up ₦363.0m from 3Q 2024). Profit margin: 82% (up from 23% in 3Q 2024). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 44% per year whereas the company’s share price has increased by 45% per year.
Board Change • Oct 23Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 1 highly experienced director. 2 independent directors (5 non-independent directors). Independent Chairman Abel Olayinka was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Valuation Update With 7 Day Price Move • Sep 16Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₦13.60, the stock trades at a trailing P/E ratio of 12.3x. Average trailing P/E is 18x in the Metals and Mining industry in Africa. Total returns to shareholders of 390% over the past three years.
Valuation Update With 7 Day Price Move • Jul 31Investor sentiment improves as stock rises 21%After last week's 21% share price gain to ₦10.85, the stock trades at a trailing P/E ratio of 16.6x. Average trailing P/E is 13x in the Metals and Mining industry in Africa. Total returns to shareholders of 552% over the past three years.
Valuation Update With 7 Day Price Move • Jul 10Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₦10.10, the stock trades at a trailing P/E ratio of 15.4x. Average trailing P/E is 13x in the Metals and Mining industry in Africa. Total returns to shareholders of 476% over the past three years.
Valuation Update With 7 Day Price Move • May 30Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₦7.60, the stock trades at a trailing P/E ratio of 11.6x. Average trailing P/E is 14x in the Metals and Mining industry in Africa. Total returns to shareholders of 290% over the past three years.
Upcoming Dividend • May 19Upcoming dividend of ₦0.10 per shareEligible shareholders must have bought the stock before 26 May 2025. Payment date: 18 June 2025. Payout ratio is a comfortable 6.6% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of Nigerian dividend payers (5.9%). Lower than average of industry peers (3.2%).
Valuation Update With 7 Day Price Move • May 07Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₦8.35, the stock trades at a trailing P/E ratio of 12.8x. Average trailing P/E is 17x in the Metals and Mining industry in Africa. Total returns to shareholders of 304% over the past three years.
Reported Earnings • May 02First quarter 2025 earnings released: EPS: ₦0.02 (vs ₦0.25 in 1Q 2024)First quarter 2025 results: EPS: ₦0.02 (down from ₦0.25 in 1Q 2024). Revenue: ₦114.6m (down 43% from 1Q 2024). Net income: ₦8.91m (down 92% from 1Q 2024). Profit margin: 7.8% (down from 54% in 1Q 2024). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth.
공지 • Apr 30Multiverse Mining and Exploration Plc, Annual General Meeting, Jun 11, 2025Multiverse Mining and Exploration Plc, Annual General Meeting, Jun 11, 2025, at 11:00 W. Central Africa Standard Time. Location: virginrose resorts, plot 1231a, bishop oluwole street, victoria island, lagos, Nigeria
공지 • Apr 29Multiverse Mining and Exploration Plc announces Annual dividend, payable on June 18, 2025Multiverse Mining and Exploration Plc announced Annual dividend of NGN 0.1000 per share payable on June 18, 2025, ex-date on May 26, 2025 and record date on May 23, 2025.
Board Change • Apr 24Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 1 highly experienced director. 2 independent directors (5 non-independent directors). Independent Chairman Abel Olayinka was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Valuation Update With 7 Day Price Move • Mar 03Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to ₦8.80, the stock trades at a trailing P/E ratio of 9.3x. Average trailing P/E is 12x in the Metals and Mining industry in Africa. Total returns to shareholders of 289% over the past three years.
Board Change • Feb 07Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 1 highly experienced director. 2 independent directors (5 non-independent directors). Independent Chairman Abel Olayinka was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Jan 27Full year 2024 earnings released: EPS: ₦0.95 (vs ₦0.62 in FY 2023)Full year 2024 results: EPS: ₦0.95 (up from ₦0.62 in FY 2023). Revenue: ₦948.4m (up 44% from FY 2023). Net income: ₦404.4m (up 52% from FY 2023). Profit margin: 43% (up from 40% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has increased by 71% per year, which means it is tracking significantly ahead of earnings growth.
Buy Or Sell Opportunity • Jan 08Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 21% to ₦10.65. The fair value is estimated to be ₦8.62, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 32% over the last 3 years. Meanwhile, the company has become profitable.
New Risk • Dec 20New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Nigerian stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m (₦845m revenue, or US$547k). Market cap is less than US$10m (₦1.96b market cap, or US$1.27m). Minor Risks High level of debt (234% net debt to equity). Share price has been volatile over the past 3 months (7.5% average weekly change).
Valuation Update With 7 Day Price Move • Dec 20Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to ₦4.60, the stock trades at a trailing P/E ratio of 6.1x. Average trailing P/E is 11x in the Metals and Mining industry in Africa. Total returns to shareholders of 134% over the past three years.
Buy Or Sell Opportunity • Nov 26Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 47% to ₦5.90. The fair value is estimated to be ₦7.66, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 32% over the last 3 years. Meanwhile, the company has become profitable.
Valuation Update With 7 Day Price Move • Nov 25Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ₦6.55, the stock trades at a trailing P/E ratio of 8.7x. Average trailing P/E is 12x in the Metals and Mining industry in Africa. Total returns to shareholders of 233% over the past three years.
Board Change • Nov 20Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 1 highly experienced director. 2 independent directors (5 non-independent directors). Independent Chairman Abel Olayinka was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Oct 30Third quarter 2024 earnings released: EPS: ₦0.11 (vs ₦0.20 in 3Q 2023)Third quarter 2024 results: EPS: ₦0.11 (down from ₦0.20 in 3Q 2023). Revenue: ₦194.2m (up 86% from 3Q 2023). Net income: ₦45.3m (down 47% from 3Q 2023). Profit margin: 23% (down from 82% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 68% per year whereas the company’s share price has increased by 64% per year.
Valuation Update With 7 Day Price Move • Sep 26Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to ₦9.10, the stock trades at a trailing P/E ratio of 10.7x. Average trailing P/E is 13x in the Metals and Mining industry in Africa. Total returns to shareholders of 362% over the past three years.
Reported Earnings • Jul 22Second quarter 2024 earnings released: EPS: ₦0.16 (vs ₦0.06 in 2Q 2023)Second quarter 2024 results: EPS: ₦0.16 (up from ₦0.06 in 2Q 2023). Revenue: ₦178.9m (up 44% from 2Q 2023). Net income: ₦69.5m (up 192% from 2Q 2023). Profit margin: 39% (up from 19% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 78% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 02First quarter 2024 earnings released: EPS: ₦0.25 (vs ₦0.13 in 1Q 2023)First quarter 2024 results: EPS: ₦0.25 (up from ₦0.13 in 1Q 2023). Revenue: ₦201.4m (up 26% from 1Q 2023). Net income: ₦108.4m (up 90% from 1Q 2023). Profit margin: 54% (up from 36% in 1Q 2023). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 95% per year whereas the company’s share price has increased by 90% per year.
Upcoming Dividend • Apr 05Upcoming dividend of ₦0.05 per shareEligible shareholders must have bought the stock before 12 April 2024. Payment date: 02 May 2024. Payout ratio is a comfortable 7.4% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of Nigerian dividend payers (6.3%). Lower than average of industry peers (3.8%).
Reported Earnings • Feb 01Full year 2023 earnings released: EPS: ₦0.68 (vs ₦0.45 in FY 2022)Full year 2023 results: EPS: ₦0.68 (up from ₦0.45 in FY 2022). Revenue: ₦658.3m (up 9.3% from FY 2022). Net income: ₦287.9m (up 52% from FY 2022). Profit margin: 44% (up from 32% in FY 2022). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has only increased by 98% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Dec 07Investor sentiment improves as stock rises 43%After last week's 43% share price gain to ₦8.54, the stock trades at a trailing P/E ratio of 15x. Average trailing P/E is 9x in the Metals and Mining industry in Africa. Total returns to shareholders of 332% over the past three years.
Valuation Update With 7 Day Price Move • Nov 17Investor sentiment improves as stock rises 25%After last week's 25% share price gain to ₦3.63, the stock trades at a trailing P/E ratio of 6.4x. Average trailing P/E is 9x in the Metals and Mining industry in Africa. Total returns to shareholders of 84% over the past three years.
Valuation Update With 7 Day Price Move • Oct 31Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₦3.20, the stock trades at a trailing P/E ratio of 5.6x. Average trailing P/E is 9x in the Metals and Mining industry in Africa. Total returns to shareholders of 62% over the past three years.
Reported Earnings • Oct 26Third quarter 2023 earnings released: EPS: ₦0.20 (vs ₦0.20 in 3Q 2022)Third quarter 2023 results: EPS: ₦0.20 (in line with 3Q 2022). Revenue: ₦104.4m (down 31% from 3Q 2022). Net income: ₦86.0m (up 34% from 3Q 2022). Profit margin: 82% (up from 43% in 3Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 114% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
New Risk • Oct 15New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Nigerian stocks, typically moving 8.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m (₦634m revenue, or US$824k). Market cap is less than US$10m (₦1.26b market cap, or US$1.63m). Minor Risks High level of debt (393% net debt to equity). Share price has been volatile over the past 3 months (8.9% average weekly change).
Valuation Update With 7 Day Price Move • Jul 26Investor sentiment deteriorates as stock falls 27%After last week's 27% share price decline to ₦2.71, the stock trades at a trailing P/E ratio of 5.4x. Average trailing P/E is 8x in the Metals and Mining industry in Africa. Total returns to shareholders of 37% over the past three years.
Reported Earnings • Jul 19Second quarter 2023 earnings released: EPS: ₦0.06 (vs ₦0.025 in 2Q 2022)Second quarter 2023 results: EPS: ₦0.06 (up from ₦0.025 in 2Q 2022). Revenue: ₦124.2m (flat on 2Q 2022). Net income: ₦23.8m (up 54% from 2Q 2022). Profit margin: 19% (up from 13% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 119% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.
New Risk • Jun 18New major risk - Revenue sizeThe company makes less than US$1m in revenue. Total revenue: ₦634m (US$966k) This is considered a major risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Revenue is less than US$1m (₦634m revenue, or US$966k). Market cap is less than US$10m (₦1.58b market cap, or US$2.40m). Minor Risk High level of debt (396% net debt to equity).
Upcoming Dividend • May 18Inaugural dividend of ₦0.05 per shareEligible shareholders must have bought the stock before 25 May 2023. Payment date: 14 June 2023. This is the first dividend for Multiverse Mining and Exploration since going public. The average dividend yield among industry peers is 6.3%.
Reported Earnings • May 04First quarter 2023 earnings released: EPS: ₦0.13 (vs ₦0.15 in 1Q 2022)First quarter 2023 results: EPS: ₦0.13. Revenue: ₦159.5m (up 25% from 1Q 2022). Net income: ₦57.1m (up 41% from 1Q 2022). Profit margin: 36% (up from 32% in 1Q 2022). The increase in margin was driven by higher revenue.
Valuation Update With 7 Day Price Move • May 02Investor sentiment improves as stock rises 22%After last week's 22% share price gain to ₦3.05, the stock trades at a trailing P/E ratio of 6.9x. Average trailing P/E is 6x in the Metals and Mining industry in Africa. Total returns to shareholders of 53% over the past three years.
Valuation Update With 7 Day Price Move • Apr 06Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to ₦2.63, the stock trades at a trailing P/E ratio of 5.7x. Average trailing P/E is 6x in the Metals and Mining industry in Africa. Total returns to shareholders of 32% over the past three years.
Valuation Update With 7 Day Price Move • Mar 22Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to ₦3.25, the stock trades at a trailing P/E ratio of 7x. Average trailing P/E is 7x in the Metals and Mining industry in Africa. Total returns to shareholders of 63% over the past three years.
Reported Earnings • Feb 04Full year 2022 earnings releasedFull year 2022 results: Revenue: ₦602.3m (up 108% from FY 2021). Net income: ₦198.0m (up ₦184.0m from FY 2021). Profit margin: 33% (up from 4.8% in FY 2021). The increase in margin was driven by higher revenue.
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 2 highly experienced directors. 1 independent director (4 non-independent directors). Non-Executive Independent Director Mamman Zargana was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Valuation Update With 7 Day Price Move • Sep 29Investor sentiment improved over the past weekAfter last week's 31% share price gain to ₦3.69, the stock trades at a trailing P/E ratio of 15.2x. Average trailing P/E is 5x in the Metals and Mining industry in Africa. Total returns to shareholders of 85% over the past three years.
Valuation Update With 7 Day Price Move • Sep 15Investor sentiment improved over the past weekAfter last week's 19% share price gain to ₦2.80, the stock trades at a trailing P/E ratio of 11.5x. Average trailing P/E is 6x in the Metals and Mining industry in Africa. Total returns to shareholders of 40% over the past three years.
Buying Opportunity • Sep 08Now 24% undervaluedOver the last 90 days, the stock is up 18%. The fair value is estimated to be ₦3.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 116% over the last 3 years. Meanwhile, the company has become profitable.
Valuation Update With 7 Day Price Move • Aug 30Investor sentiment improved over the past weekAfter last week's 25% share price gain to ₦2.62, the stock trades at a trailing P/E ratio of 10.8x. Average trailing P/E is 6x in the Metals and Mining industry in Africa. Total returns to shareholders of 31% over the past three years.
Valuation Update With 7 Day Price Move • Aug 15Investor sentiment improved over the past weekAfter last week's 20% share price gain to ₦2.25, the stock trades at a trailing P/E ratio of 9.3x. Average trailing P/E is 7x in the Metals and Mining industry in Africa. Total returns to shareholders of 13% over the past three years.
Reported Earnings • Aug 02Second quarter 2022 earnings releasedSecond quarter 2022 results: EPS: ₦0.002. Revenue: ₦124.1m (up 186% from 2Q 2021). Net income: ₦20.1m (up ₦35.5m from 2Q 2021). Profit margin: 16% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Jul 15Investor sentiment improved over the past weekAfter last week's 810% share price gain to ₦1.82, the stock trades at a trailing P/E ratio of 14.3x. Average trailing P/E is 6x in the Metals and Mining industry in Africa. Total loss to shareholders of 9.0% over the past three years.
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 2 highly experienced directors. 1 independent director (4 non-independent directors). Non-Executive Independent Director Mamman Zargana was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Jan 27Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: ₦0.02 (up from ₦0.046 loss in FY 2020). Revenue: ₦289.2m (up 346% from FY 2020). Net income: ₦64.8m (up ₦262.3m from FY 2020). Profit margin: 22% (up from net loss in FY 2020). The move to profitability was primarily driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Reported Earnings • Nov 01Third quarter 2021 earnings releasedThird quarter 2021 results: Net income: ₦17.5m (up ₦59.5m from 3Q 2020).
Reported Earnings • May 05First quarter 2021 earnings releasedFirst quarter 2021 results: Net loss: ₦13.0m (loss narrowed 67% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Is New 90 Day High Low • Feb 08New 90-day high: ₦0.26The company is up 30% from its price of ₦0.20 on 10 November 2020. The Nigerien market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 14% over the same period.
Is New 90 Day High Low • Jan 21New 90-day high: ₦0.22The company is up 10.0% from its price of ₦0.20 on 23 October 2020. The Nigerien market is up 37% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Metals and Mining industry, which is up 6.0% over the same period.