| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 4/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
JBERGER Overview
Julius Berger Nigeria Plc, a construction company, engages in planning and construction of various civil engineering works in Nigeria, Europe, and Asia.
Julius Berger Nigeria Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₦25.50 |
| 52 Week High | ₦16.63 |
| 52 Week Low | ₦27.00 |
| Beta | 0.28 |
| 1 Month Change | -5.56% |
| 3 Month Change | 27.18% |
| 1 Year Change | 48.46% |
| 3 Year Change | 43.43% |
| 5 Year Change | -22.73% |
| Change since IPO | 2,197.31% |
Recent News & Updates
Shareholder Returns
| JBERGER | NG Construction | NG Market | |
|---|---|---|---|
| 7D | 0% | -2.2% | 0.6% |
| 1Y | 48.5% | 39.8% | 38.8% |
Return vs Industry: JBERGER exceeded the NG Construction industry which returned 35.7% over the past year.
Return vs Market: JBERGER exceeded the NG Market which returned 38.9% over the past year.
Price Volatility
| JBERGER volatility | |
|---|---|
| JBERGER Beta | 0.28 |
| Industry Beta | 0.63 |
| Market Beta | 1 |
Stable Share Price: JBERGER is not significantly more volatile than the rest of NG stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: JBERGER's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1965 | 12,221 | Lars Richter | https://www.julius-berger.com |
Julius Berger Nigeria Plc, a construction company, engages in planning and construction of various civil engineering works in Nigeria, Europe, and Asia. It operates through three segments: Civil Works, Building Works, and Services. The Civil Works segment provides professional services in the areas of engineering, construction, and maintenance of various infrastructures; constructs turnkey harbors, wharfs, jetties, loading installations, and warehouses; refurbishes and constructs airports; designs and constructs auxiliary buildings for factories, oil and gas installations, and power plants for the oil, gas, and energy sectors.
Julius Berger Nigeria Fundamentals Summary
| JBERGER fundamental statistics | |
|---|---|
| Market Cap | ₦40.80b |
| Earnings (TTM) | ₦7.92b |
| Revenue (TTM) | ₦286.03b |
5.1x
P/E Ratio0.1x
P/S RatioIs JBERGER overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| JBERGER income statement (TTM) | |
|---|---|
| Revenue | ₦286.03b |
| Cost of Revenue | ₦229.03b |
| Gross Profit | ₦57.00b |
| Expenses | ₦49.07b |
| Earnings | ₦7.92b |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 4.95 |
| Gross Margin | 19.93% |
| Net Profit Margin | 2.77% |
| Debt/Equity Ratio | 62.5% |
How did JBERGER perform over the long term?
See historical performance and comparisonDividends
1.6%
Current Dividend Yield8%
Payout RatioValuation
Is Julius Berger Nigeria undervalued compared to its fair value and its price relative to the market?
5.15x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: JBERGER (NGN25.5) is trading above our estimate of fair value (NGN5.39)
Significantly Below Fair Value: JBERGER is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: JBERGER is good value based on its PE Ratio (5.1x) compared to the African Construction industry average (15.1x).
PE vs Market: JBERGER is good value based on its PE Ratio (5.1x) compared to the NG market (7.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate JBERGER's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: JBERGER is good value based on its PB Ratio (0.8x) compared to the XF Construction industry average (1.1x).
Future Growth
How is Julius Berger Nigeria forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
6.3%
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if JBERGER's forecast earnings growth is above the savings rate (13.2%).
Earnings vs Market: Insufficient data to determine if JBERGER's earnings are forecast to grow faster than the NG market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: JBERGER's revenue (6.3% per year) is forecast to grow slower than the NG market (10.4% per year).
High Growth Revenue: JBERGER's revenue (6.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: JBERGER's Return on Equity is forecast to be low in 3 years time (18.7%).
Past Performance
How has Julius Berger Nigeria performed over the past 5 years?
40.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: JBERGER has a high level of non-cash earnings.
Growing Profit Margin: JBERGER's current net profit margins (2.8%) are higher than last year (1.7%).
Past Earnings Growth Analysis
Earnings Trend: JBERGER's earnings have grown significantly by 40.9% per year over the past 5 years.
Accelerating Growth: JBERGER's earnings growth over the past year (98.4%) exceeds its 5-year average (40.9% per year).
Earnings vs Industry: JBERGER earnings growth over the past year (98.4%) exceeded the Construction industry -9.2%.
Return on Equity
High ROE: JBERGER's Return on Equity (16.2%) is considered low.
Financial Health
How is Julius Berger Nigeria's financial position?
Financial Position Analysis
Short Term Liabilities: JBERGER's short term assets (NGN184.7B) exceed its short term liabilities (NGN96.9B).
Long Term Liabilities: JBERGER's short term assets (NGN184.7B) do not cover its long term liabilities (NGN212.5B).
Debt to Equity History and Analysis
Debt Level: JBERGER's debt to equity ratio (62.5%) is considered high.
Reducing Debt: JBERGER's debt to equity ratio has reduced from 151.8% to 62.5% over the past 5 years.
Debt Coverage: JBERGER's debt is not well covered by operating cash flow (11.4%).
Interest Coverage: JBERGER's interest payments on its debt are well covered by EBIT (9.2x coverage).
Balance Sheet
Dividend
What is Julius Berger Nigeria current dividend yield, its reliability and sustainability?
1.55%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: JBERGER's dividend (1.55%) isn’t notable compared to the bottom 25% of dividend payers in the NG market (3.25%).
High Dividend: JBERGER's dividend (1.55%) is low compared to the top 25% of dividend payers in the NG market (7.24%).
Stability and Growth of Payments
Stable Dividend: JBERGER is not paying a notable dividend for the NG market, therefore no need to check if payments are stable.
Growing Dividend: JBERGER 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: JBERGER is not paying a notable dividend for the NG market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of JBERGER'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?
3.8yrs
Average management tenure
CEO
Lars Richter (45 yo)
3yrs
Tenure
Engr. Dr. Lars Richter has been Managing Director and Director at Julius Berger Nigeria Plc since October 16, 2018. Dr. Richter holds a Doctorate Degree in Civil Engineering. He has vast operational experi...
Leadership Team
Experienced Management: JBERGER's management team is considered experienced (3.8 years average tenure).
Board Members
Experienced Board: JBERGER's board of directors are considered experienced (4.1 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
Julius Berger Nigeria Plc's employee growth, exchange listings and data sources
Key Information
- Name: Julius Berger Nigeria Plc
- Ticker: JBERGER
- Exchange: NGSE
- Founded: 1965
- Industry: Construction and Engineering
- Sector: Capital Goods
- Market Cap: ₦40.800b
- Shares outstanding: 1.60b
- Website: https://www.julius-berger.com
Number of Employees
Location
- Julius Berger Nigeria Plc
- 10, Shettima A. Munguno Crescent
- Utako
- Abuja
- 900108
- Nigeria
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/19 15:21 |
| End of Day Share Price | 2021/10/18 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.