Access Holdings Plc

NGSE:ACCESSCORP Stock Report

Market Cap: ₦1.4t

Access Holdings Past Earnings Performance

Past criteria checks 5/6

Access Holdings has been growing earnings at an average annual rate of 46.8%, while the Banks industry saw earnings growing at 46.3% annually. Revenues have been growing at an average rate of 37.2% per year. Access Holdings's return on equity is 25%, and it has net margins of 35.8%.

Key information

46.8%

Earnings growth rate

45.6%

EPS growth rate

Banks Industry Growth30.4%
Revenue growth rate37.2%
Return on equity25.0%
Net Margin35.8%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Access Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NGSE:ACCESSCORP Revenue, expenses and earnings (NGN Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 242,256,512807,060421,3340
30 Jun 242,006,022750,091343,2320
31 Mar 241,675,966696,467280,1250
31 Dec 231,425,310612,493222,3080
30 Sep 23958,894265,825188,2330
30 Jun 23798,401199,647162,8780
31 Mar 23718,55366,091160,9200
31 Dec 22669,294153,790153,2770
30 Sep 22644,905172,085158,8630
30 Jun 22614,295159,279155,3590
31 Mar 22575,219264,622140,1010
31 Dec 21544,634158,207129,5480
30 Sep 21512,395123,932124,0710
30 Jun 21487,045127,499115,4620
31 Mar 21467,364116,187103,9890
31 Dec 20452,431104,683102,8630
30 Sep 20434,915106,501103,6740
30 Jun 20421,06695,073105,0550
31 Mar 20405,13392,831106,2390
31 Dec 19368,77193,04998,1970
30 Sep 19385,238119,50290,1980
30 Jun 19350,489115,98381,9390
31 Mar 19317,705112,84876,3200
31 Dec 18297,15094,01875,0140
30 Sep 18242,75065,95369,1600
30 Jun 18247,92959,90068,7470
31 Mar 18264,62559,54969,0640
31 Dec 17260,95260,07468,5290
30 Sep 17291,19073,65773,5810
30 Jun 17287,79377,08371,2520
31 Mar 17269,71274,15866,7740
31 Dec 16250,65271,11763,7130
30 Sep 16240,99171,32859,9920
30 Jun 16231,81167,69255,3160
31 Mar 16227,47871,12154,6300
31 Dec 15220,60765,33352,7020
30 Sep 15204,55054,64049,0250
30 Jun 15186,10450,75845,4710
31 Mar 15166,19444,00342,2990
31 Dec 14156,62742,50340,7580
30 Sep 14143,96243,50235,8460
30 Jun 14139,79837,98637,9440
31 Mar 14139,99838,59239,6960

Quality Earnings: ACCESSCORP has high quality earnings.

Growing Profit Margin: ACCESSCORP's current net profit margins (35.8%) are higher than last year (27.7%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: ACCESSCORP's earnings have grown significantly by 46.8% per year over the past 5 years.

Accelerating Growth: ACCESSCORP's earnings growth over the past year (203.6%) exceeds its 5-year average (46.8% per year).

Earnings vs Industry: ACCESSCORP earnings growth over the past year (203.6%) exceeded the Banks industry 120.2%.

Return on Equity

High ROE: Whilst ACCESSCORP's Return on Equity (25.04%) is high, this metric is skewed due to their high level of debt.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/31 04:04
End of Day Share Price 2025/01/31 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Access Holdings Plc is covered by 17 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Timothy WambuAbsa Bank Limited
Derrick MensahAfrican Alliance
null nullARM Research