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SCOA

SCOA NigeriaNGSE:SCOA Stock Report

Market Cap

₦617.3m

7D

9.2%

1Y

-67.6%

Updated

21 Oct, 2021

Data

Company Financials
SCOA fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

SCOA Overview

SCOA Nigeria Plc engages in the distribution, maintenance, and leasing of motor vehicles.

Price History & Performance

Summary of all time highs, changes and price drops for SCOA Nigeria
Historical stock prices
Current Share Price₦0.95
52 Week High₦0.87
52 Week Low₦2.64
Beta0.12
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

SCOANG IndustrialsNG Market
7D9.2%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

Is SCOA's price volatile compared to industry and market?
SCOA volatility
SCOA Beta0.12
Industry Beta0.82
Market Beta1

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

FoundedEmployeesCEOWebsite
192695Massad Bouloshttps://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

How do SCOA Nigeria's earnings and revenue compare to its market cap?
SCOA fundamental statistics
Market Cap₦617.33m
Earnings (TTM)-₦305.61m
Revenue (TTM)₦3.95b

0.2x

P/S Ratio

-2.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
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 Margin31.58%
Net Profit Margin-7.74%
Debt/Equity Ratio105.2%

How did SCOA perform over the long term?

See historical performance and comparison

Valuation

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/21 20:50
End of Day Share Price2021/10/21 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.