MRS Share Price Performance
₦149.50
17.50 (13.26%)
21.1% undervalued intrinsic discount
₦189.58
Fair Value
Price ₦149.50
Wane_Investment_House ₦189.58
Fair Value₦189.58
Share Pricen/a
MRS Oil Nigeria Plc Stock Price
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MRS Community Narratives
WA
Fair Value ₦189.58 21.1% undervalued intrinsic discount
MRS Oil Nigeria Plc: A Challenging Transition
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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.Read more
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WA
₦189.58
21.1% undervalued intrinsic discount
Wane_Investment_House Fair Value
Revenue growth
10% p.a.
Profit Margin
7%
Future PE
4.8x
Share price in 2027
₦407.23
Snowflake Analysis
MRS Oil Nigeria Plc Key Details
About MRS
- Founded
- 1913
- Employees
- 75
- CEO
- WebsiteView website
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.
