| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
SCOA Overview
SCOA Nigeria Plc engages in the distribution, maintenance, and leasing of motor vehicles.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₦0.95 |
| 52 Week High | ₦0.87 |
| 52 Week Low | ₦2.64 |
| Beta | 0.12 |
| 1 Month Change | -1.04% |
| 3 Month Change | -51.28% |
| 1 Year Change | -67.58% |
| 3 Year Change | -70.77% |
| 5 Year Change | -74.80% |
| Change since IPO | -35.46% |
Recent News & Updates
Shareholder Returns
| SCOA | NG Industrials | NG Market | |
|---|---|---|---|
| 7D | 9.2% | 0.8% | 1.4% |
| 1Y | -67.6% | 42.1% | 41.3% |
Return vs Industry: SCOA underperformed the NG Industrials industry which returned 45.4% over the past year.
Return vs Market: SCOA underperformed the NG Market which returned 40.4% over the past year.
Price Volatility
| SCOA volatility | |
|---|---|
| SCOA Beta | 0.12 |
| Industry Beta | 0.82 |
| Market Beta | 1 |
Stable Share Price: SCOA is more volatile than 75% of NG stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: SCOA's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of NG stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1926 | 95 | Massad Boulos | https://www.scoaplc.com |
SCOA Nigeria Plc engages in the distribution, maintenance, and leasing of motor vehicles. It operates through Auto, Equipment, Trading, and Construction segments. The Auto segment assembles tractors, trucks, and buses; sells harvesters and motor vehicles; and leases and services passenger cars, trucks, and other commercial vehicles.
SCOA Nigeria Fundamentals Summary
| SCOA fundamental statistics | |
|---|---|
| Market Cap | ₦617.33m |
| Earnings (TTM) | -₦305.61m |
| Revenue (TTM) | ₦3.95b |
0.2x
P/S Ratio-2.0x
P/E RatioIs SCOA overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SCOA income statement (TTM) | |
|---|---|
| Revenue | ₦3.95b |
| Cost of Revenue | ₦2.70b |
| Gross Profit | ₦1.25b |
| Expenses | ₦1.55b |
| Earnings | -₦305.61m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.47 |
| Gross Margin | 31.58% |
| Net Profit Margin | -7.74% |
| Debt/Equity Ratio | 105.2% |
How did SCOA perform over the long term?
See historical performance and comparisonValuation
Is SCOA Nigeria undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SCOA (NGN0.95) is trading below our estimate of fair value (NGN314.61)
Significantly Below Fair Value: SCOA is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SCOA is unprofitable, so we can't compare its PE Ratio to the African Industrials industry average.
PE vs Market: SCOA is unprofitable, so we can't compare its PE Ratio to the NG market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SCOA's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SCOA is good value based on its PB Ratio (0.3x) compared to the XF Industrials industry average (0.9x).
Future Growth
How is SCOA Nigeria forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
21.5%
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 SCOA Nigeria 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 SCOA Nigeria performed over the past 5 years?
61.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SCOA is currently unprofitable.
Growing Profit Margin: SCOA is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: SCOA is unprofitable, but has reduced losses over the past 5 years at a rate of 61.4% per year.
Accelerating Growth: Unable to compare SCOA's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SCOA is unprofitable, making it difficult to compare its past year earnings growth to the Industrials industry (35.6%).
Return on Equity
High ROE: SCOA has a negative Return on Equity (-11.36%), as it is currently unprofitable.
Financial Health
How is SCOA Nigeria's financial position?
Financial Position Analysis
Short Term Liabilities: SCOA's short term assets (NGN17.3B) do not cover its short term liabilities (NGN17.8B).
Long Term Liabilities: SCOA's short term assets (NGN17.3B) exceed its long term liabilities (NGN1.3B).
Debt to Equity History and Analysis
Debt Level: SCOA's debt to equity ratio (105.2%) is considered high.
Reducing Debt: Insufficient data to determine if SCOA's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable SCOA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: SCOA is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 54.6% per year.
Dividend
What is SCOA Nigeria current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SCOA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SCOA's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if SCOA's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SCOA's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SCOA'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?
CEO
Massad Boulos
no data
Tenure
Dr. Massad Fares Boulos serves as Chief Executive Officer and Managing Director of SCOA PLS (formerly known as SCOA Nigeria Plc). Dr. Boulos joined SCOA PLS (formerly known as SCOA Nigeria Plc) in 1996 as...
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
SCOA Nigeria Plc's employee growth, exchange listings and data sources
Key Information
- Name: SCOA Nigeria Plc
- Ticker: SCOA
- Exchange: NGSE
- Founded: 1926
- Industry: Industrial Conglomerates
- Sector: Capital Goods
- Market Cap: ₦617.334m
- Shares outstanding: 649.83m
- Website: https://www.scoaplc.com
Number of Employees
Location
- SCOA Nigeria Plc
- 157, Apapa/Oshodi Expressway
- Isolo
- Lagos
- 419
- Nigeria
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/21 20:50 |
| 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.