MRS Share Price Performance

MRS Community Fair Values

WA
WaneInvestmentHouse
Community Contributor
MRS Oil Nigeria Plc: A Challenging Transition
MRS Oil Nigeria Plc has projected a profit after tax of N2.93 billion for the second quarter of 2025, despite its impending delisting from the Nigerian Exchange Limited (NGX). The company's financial forecast reveals a mixed outlook, with concerns remaining about its ability to achieve its financial targets following its transition to the NASD Over-the-Counter (OTC) Securities Exchange.
₦189.58
FV
21.1% undervalued intrinsic discount
10.00%
Revenue growth p.a.
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MRS Oil Nigeria Plc Key Details

Last Reported Earnings

Mar 31, 2025

Next Reporting Earnings

n/a

Earnings per share (EPS): 18.25
Gross Margin: 4.61%
Net Profit Margin: 1.30%
Debt/Equity Ratio: 0%

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MRS Oil Nigeria Plc Competitors

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About MRS

Founded: 1913
Employees: 75
CEO: Marco Storari
WebsiteView website: www.mrsoilnigplc.net

MRS Oil Nigeria Plc markets and distributes refined petroleum products in Nigeria. The company operates in three segments: Retail/Commercial & Industrial, Aviation, and Lubricants. The Retail/Commercial & Industrial segment is involved in the sale and distribution of petroleum products to retail and industrial customers. The Aviation segment sells aviation turbine kerosene. The Lubricants segment manufactures and sells lubricants and greases. It is also involved in the blending and selling of lubricants. The company operates a chain of company owned outlets and third party owned outlets. The company was formerly known as Chevron Oil Nigeria Plc and changed its name to MRS Oil Nigeria Plc in December 2009. The company was founded in 1913 and is headquartered in Lagos, Nigeria. MRS Oil Nigeria Plc is a subsidiary of MRS Africa Holdings Limited.

Nigerian Market Performance

7 Days: 4.1%
3 Months: 31.8%
1 Year: 45.8%
Year to Date: 33.9%

Over the last 7 days, the market has risen 4.1%, driven by gains of 7.2% in the Materials sector. On the other hand, with a decline of 3.6%, the Industrials sector is lagging behind. In the last year, the market has climbed 46%. Earnings are forecast to grow by 20% annually. Market details ›

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