| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 1/6 |
| Financial Health | 4/6 |
| Dividends | 4/6 |
NPFMCRFBK Overview
NPF Microfinance Bank PLC, a microfinance bank, provides banking and other financial services to members of the police community, poor and low-income households, and micro enterprises in Nigeria.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₦1.75 |
| 52 Week High | ₦1.34 |
| 52 Week Low | ₦2.11 |
| Beta | -0.0057 |
| 1 Month Change | 6.06% |
| 3 Month Change | 2.94% |
| 1 Year Change | 25.00% |
| 3 Year Change | 20.69% |
| 5 Year Change | 68.27% |
| Change since IPO | 16.67% |
Recent News & Updates
Shareholder Returns
| NPFMCRFBK | NG Banks | NG Market | |
|---|---|---|---|
| 7D | -2.8% | 1.5% | 1.4% |
| 1Y | 25.0% | 23.4% | 41.3% |
Return vs Industry: NPFMCRFBK exceeded the NG Banks industry which returned 23.6% over the past year.
Return vs Market: NPFMCRFBK underperformed the NG Market which returned 40.4% over the past year.
Price Volatility
| NPFMCRFBK volatility | |
|---|---|
| NPFMCRFBK Beta | -0.0057 |
| Industry Beta | 0.87 |
| Market Beta | 1 |
Stable Share Price: NPFMCRFBK is not significantly more volatile than the rest of NG stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: NPFMCRFBK's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1993 | 348 | Akin Lawal | https://www.npfmicrofinancebank.com |
NPF Microfinance Bank PLC, a microfinance bank, provides banking and other financial services to members of the police community, poor and low-income households, and micro enterprises in Nigeria. The company’s deposit products include regular savings accounts, police focal accounts, police after service accounts, OTSA, we-we savings, and festival promo accounts, as well as individual/salary and corporate current accounts. Its loan portfolio comprises salary account, school facility, agricultural, transport business, corporate institution, LPO financing, consumer, sharp, micro, and asset acquisition loans.
NPF Microfinance Bank Fundamentals Summary
| NPFMCRFBK fundamental statistics | |
|---|---|
| Market Cap | ₦4.00b |
| Earnings (TTM) | ₦766.48m |
| Revenue (TTM) | ₦4.73b |
5.2x
P/E Ratio0.7x
P/B RatioIs NPFMCRFBK overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NPFMCRFBK income statement (TTM) | |
|---|---|
| Revenue | ₦4.73b |
| Cost of Revenue | ₦102.96m |
| Gross Profit | ₦4.63b |
| Expenses | ₦3.87b |
| Earnings | ₦766.48m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.34 |
| Gross Margin | 97.82% |
| Net Profit Margin | 16.19% |
| Debt/Equity Ratio | 64.5% |
How did NPFMCRFBK perform over the long term?
See historical performance and comparisonDividends
11.4%
Current Dividend Yield60%
Payout RatioValuation
Is NPF Microfinance Bank undervalued compared to its fair value and its price relative to the market?
5.22x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate NPFMCRFBK's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate NPFMCRFBK's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: NPFMCRFBK is poor value based on its PE Ratio (5.2x) compared to the NG Banks industry average (3.8x).
PE vs Market: NPFMCRFBK is good value based on its PE Ratio (5.2x) compared to the NG market (7.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate NPFMCRFBK's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NPFMCRFBK is overvalued based on its PB Ratio (0.7x) compared to the NG Banks industry average (0.5x).
Future Growth
How is NPF Microfinance Bank forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
18.0%
Forecasted Banks industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as NPF Microfinance Bank has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Past Performance
How has NPF Microfinance Bank performed over the past 5 years?
5.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NPFMCRFBK has a high level of non-cash earnings.
Growing Profit Margin: NPFMCRFBK's current net profit margins (16.2%) are lower than last year (18.3%).
Past Earnings Growth Analysis
Earnings Trend: NPFMCRFBK's earnings have grown by 5.3% per year over the past 5 years.
Accelerating Growth: NPFMCRFBK's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: NPFMCRFBK had negative earnings growth (-3.5%) over the past year, making it difficult to compare to the Banks industry average (10.5%).
Return on Equity
High ROE: NPFMCRFBK's Return on Equity (13.7%) is considered low.
Financial Health
How is NPF Microfinance Bank's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: NPFMCRFBK's Assets to Equity ratio (4.3x) is low.
Allowance for Bad Loans: NPFMCRFBK has a sufficient allowance for bad loans (100%).
Low Risk Liabilities: 51% of NPFMCRFBK's liabilities are made up of primarily low risk sources of funding.
Loan Level: NPFMCRFBK has an appropriate level of Loans to Assets ratio (85%).
Low Risk Deposits: NPFMCRFBK's Loans to Deposits ratio (214%) is high.
Level of Bad Loans: NPFMCRFBK has a high level of bad loans (3.1%).
Dividend
What is NPF Microfinance Bank current dividend yield, its reliability and sustainability?
11.43%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NPFMCRFBK's dividend (11.43%) is higher than the bottom 25% of dividend payers in the NG market (3.28%).
High Dividend: NPFMCRFBK's dividend (11.43%) is in the top 25% of dividend payers in the NG market (7.27%)
Stability and Growth of Payments
Stable Dividend: NPFMCRFBK's dividend payments have been volatile in the past 10 years.
Growing Dividend: NPFMCRFBK's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (59.7%), NPFMCRFBK's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.0yrs
Average management tenure
CEO
Akin Lawal
7.33yrs
Tenure
Mr. Mohammed Akinwunmi M. Lawal, also known as Akin, serves as the Chief Executive Officer, Managing Director and Director at NPF Microfinance Bank Plc since June 26, 2014 and served as its Assistant Gener...
Leadership Team
Experienced Management: NPFMCRFBK's management team is considered experienced (3 years average tenure).
Board Members
Experienced Board: NPFMCRFBK's board of directors are considered experienced (3.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
NPF Microfinance Bank Plc's employee growth, exchange listings and data sources
Key Information
- Name: NPF Microfinance Bank Plc
- Ticker: NPFMCRFBK
- Exchange: NGSE
- Founded: 1993
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: ₦4.002b
- Shares outstanding: 2.29b
- Website: https://www.npfmicrofinancebank.com
Number of Employees
Location
- NPF Microfinance Bank Plc
- Aliyu Atah House
- 1, Ikoyi Road
- Lagos
- Nigeria
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/21 21:03 |
| End of Day Share Price | 2021/10/21 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.