TIP Stock Overview
A waste management company, provides industrial cleaning and decontamination services to the private and public sectors. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 5/6 |
| Financial Health | 5/6 |
| Dividends | 2/6 |
Rewards
Risk Analysis
+ 1 more risk
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The Initiates Plc Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₦4.05 |
| 52 Week High | ₦4.05 |
| 52 Week Low | ₦1.62 |
| Beta | -0.26 |
| 1 Month Change | 44.64% |
| 3 Month Change | 60.08% |
| 1 Year Change | 89.25% |
| 3 Year Change | 820.45% |
| 5 Year Change | 478.57% |
| Change since IPO | 355.06% |
Recent News & Updates
Recent updates
Shareholder Returns
| TIP | NG Commercial Services | NG Market | |
|---|---|---|---|
| 7D | 13.1% | 1.6% | 2.6% |
| 1Y | 89.3% | 43.6% | 0.7% |
Return vs Industry: TIP exceeded the NG Commercial Services industry which returned 43.6% over the past year.
Return vs Market: TIP exceeded the NG Market which returned 0.6% over the past year.
Price Volatility
| TIP volatility | |
|---|---|
| TIP Average Weekly Movement | 10.8% |
| Commercial Services Industry Average Movement | 4.9% |
| Market Average Movement | 6.5% |
| 10% most volatile stocks in NG Market | 11.0% |
| 10% least volatile stocks in NG Market | 3.8% |
Stable Share Price: TIP's share price has been volatile over the past 3 months compared to the NG market.
Volatility Over Time: TIP's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of NG stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1995 | 55 | Reuben Ossai | www.initiatesgroup.com |
The Initiates Plc, a waste management company, provides industrial cleaning and decontamination services to the private and public sectors. The company offers thermal desorption; onsite drilling waste management, waste incineration, E-waste processing, and consultancy, as well as decontamination services comprising asbestos management, and soil and groundwater remediation. It also offers industrial cleaning and decontamination services comprising surface, pipelines and sewers, and heat exchangers tube and fins cleaning, as well as FPSOs, tanks, and vessel desludging and cleaning services.
The Initiates Plc Fundamentals Summary
| TIP fundamental statistics | |
|---|---|
| Market cap | ₦3.60b |
| Earnings (TTM) | ₦965.94m |
| Revenue (TTM) | ₦4.57b |
3.7x
P/E Ratio0.8x
P/S RatioIs TIP overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| TIP income statement (TTM) | |
|---|---|
| Revenue | ₦4.57b |
| Cost of Revenue | ₦2.74b |
| Gross Profit | ₦1.83b |
| Other Expenses | ₦861.19m |
| Earnings | ₦965.94m |
Last Reported Earnings
Dec 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.09 |
| Gross Margin | 40.01% |
| Net Profit Margin | 21.15% |
| Debt/Equity Ratio | 22.7% |
How did TIP perform over the long term?
See historical performance and comparisonDividends
1.5%
Current Dividend Yield8%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/15 08:11 |
| End of Day Share Price | 2025/02/14 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
The Initiates Plc is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.