| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 0/6 |
| Dividends | 0/6 |
CILEASING Overview
C & I Leasing Plc, through its subsidiaries, engages in the fleet management, personnel outsourcing, and marine businesses in West Africa.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₦4.70 |
| 52 Week High | ₦3.96 |
| 52 Week Low | ₦5.78 |
| Beta | 0.057 |
| 1 Month Change | 0% |
| 3 Month Change | -1.05% |
| 1 Year Change | 5.62% |
| 3 Year Change | -56.64% |
| 5 Year Change | 135.00% |
| Change since IPO | 138.82% |
Recent News & Updates
Shareholder Returns
| CILEASING | NG Trade Distributors | NG Market | |
|---|---|---|---|
| 7D | 0% | 0.4% | 1.6% |
| 1Y | 5.6% | 85.1% | 40.0% |
Return vs Industry: CILEASING underperformed the NG Trade Distributors industry which returned 84.7% over the past year.
Return vs Market: CILEASING underperformed the NG Market which returned 40% over the past year.
Price Volatility
| CILEASING volatility | |
|---|---|
| CILEASING Beta | 0.057 |
| Industry Beta | 0.76 |
| Market Beta | 1 |
Stable Share Price: CILEASING is less volatile than 75% of NG stocks over the past 3 months, typically moving +/- 0% a week.
Volatility Over Time: CILEASING's weekly volatility has decreased from 5% to 0% over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1990 | 352 | Andrew Otike-Odibi | https://www.c-ileasing.com |
C & I Leasing Plc, through its subsidiaries, engages in the fleet management, personnel outsourcing, and marine businesses in West Africa. The company offers marine services, such as security, line and hose handling, berthing and escort services, mooring support, fire-fighting, pollution control, and floating and self-elevating platform; and human resource (HR) outsourcing services, such as recruitment, temporary hire, payroll and talent management, training, background check, and related operational HR business process services, as well as SDS training services. It also provides fleet management services, including vehicle leasing; fleet operation and maintenance; driver sourcing and training; existing cars sale and leasing; and other fleet element tracking, fueling, and maintenance services.
C & I Leasing Fundamentals Summary
| CILEASING fundamental statistics | |
|---|---|
| Market Cap | ₦3.67b |
| Earnings (TTM) | ₦136.85m |
| Revenue (TTM) | ₦16.85b |
26.8x
P/E Ratio0.2x
P/S RatioIs CILEASING overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CILEASING income statement (TTM) | |
|---|---|
| Revenue | ₦16.85b |
| Cost of Revenue | ₦5.81b |
| Gross Profit | ₦11.03b |
| Expenses | ₦10.90b |
| Earnings | ₦136.85m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.18 |
| Gross Margin | 65.49% |
| Net Profit Margin | 0.81% |
| Debt/Equity Ratio | 228.6% |
How did CILEASING perform over the long term?
See historical performance and comparisonDividends
1.1%
Current Dividend Yield29%
Payout RatioValuation
Is C & I Leasing undervalued compared to its fair value and its price relative to the market?
26.84x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: CILEASING (NGN4.7) is trading above our estimate of fair value (NGN0.22)
Significantly Below Fair Value: CILEASING is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CILEASING is poor value based on its PE Ratio (26.8x) compared to the African Trade Distributors industry average (10x).
PE vs Market: CILEASING is poor value based on its PE Ratio (26.8x) compared to the NG market (7.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CILEASING's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CILEASING is good value based on its PB Ratio (0.3x) compared to the XF Trade Distributors industry average (0.9x).
Future Growth
How is C & I Leasing forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
10.6%
Forecasted Capital Goods 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 C & I Leasing 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 C & I Leasing performed over the past 5 years?
-9.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CILEASING has high quality earnings.
Growing Profit Margin: CILEASING's current net profit margins (0.8%) are lower than last year (2.4%).
Past Earnings Growth Analysis
Earnings Trend: CILEASING has become profitable over the past 5 years, growing earnings by -9.6% per year.
Accelerating Growth: CILEASING's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CILEASING had negative earnings growth (-69%) over the past year, making it difficult to compare to the Trade Distributors industry average (19.1%).
Return on Equity
High ROE: CILEASING's Return on Equity (1.2%) is considered low.
Financial Health
How is C & I Leasing's financial position?
Financial Position Analysis
Short Term Liabilities: CILEASING's short term assets (NGN19.4B) do not cover its short term liabilities (NGN20.2B).
Long Term Liabilities: CILEASING's short term assets (NGN19.4B) do not cover its long term liabilities (NGN23.9B).
Debt to Equity History and Analysis
Debt Level: CILEASING's debt to equity ratio (228.6%) is considered high.
Reducing Debt: CILEASING's debt to equity ratio has increased from 215.8% to 228.6% over the past 5 years.
Debt Coverage: CILEASING's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CILEASING's interest payments on its debt are not well covered by EBIT (1x coverage).
Balance Sheet
Dividend
What is C & I Leasing current dividend yield, its reliability and sustainability?
1.06%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CILEASING's dividend (1.06%) isn’t notable compared to the bottom 25% of dividend payers in the NG market (3.3%).
High Dividend: CILEASING's dividend (1.06%) is low compared to the top 25% of dividend payers in the NG market (7.31%).
Stability and Growth of Payments
Stable Dividend: CILEASING is not paying a notable dividend for the NG market, therefore no need to check if payments are stable.
Growing Dividend: CILEASING is not paying a notable dividend for the NG market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: CILEASING is not paying a notable dividend for the NG market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CILEASING's dividend in 3 years as they are not forecast to pay a notable one for the NG market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.8yrs
Average management tenure
CEO
Andrew Otike-Odibi
5.75yrs
Tenure
Mr. Andrew Otike-Odibi has been Managing Director of C & I Leasing Plc since January 28, 2016 and has been its Executive Director November 2007. Mr. Otike-Odibi joined C&I Leasing in 1998 as a Senior Mana...
Leadership Team
Experienced Management: CILEASING's management team is seasoned and experienced (5.8 years average tenure).
Board Members
Experienced Board: CILEASING's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.
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
C & I Leasing Plc's employee growth, exchange listings and data sources
Key Information
- Name: C & I Leasing Plc
- Ticker: CILEASING
- Exchange: NGSE
- Founded: 1990
- Industry: Trading Companies and Distributors
- Sector: Capital Goods
- Market Cap: ₦3.674b
- Shares outstanding: 781.65m
- Website: https://www.c-ileasing.com
Number of Employees
Location
- C & I Leasing Plc
- Leasing House
- 2 C&I Leasing Drive
- Lagos
- Nigeria
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/17 15:21 |
| End of Day Share Price | 2021/10/15 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.