TIP Stock Overview
The Initiates Plc, a waste management company, provides contracting and consultancy services in waste management, industrial cleaning, and decontamination to the private and public sectors.
The Initiates Plc Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||₦0.48|
|52 Week High||₦0.48|
|52 Week Low||₦0.40|
|1 Month Change||0%|
|3 Month Change||0%|
|1 Year Change||29.73%|
|3 Year Change||-31.43%|
|5 Year Change||-41.46%|
|Change since IPO||-46.07%|
Recent News & Updates
|TIP||NG Commercial Services||NG Market|
Return vs Industry: TIP underperformed the NG Commercial Services industry which returned 61.1% over the past year.
Return vs Market: TIP exceeded the NG Market which returned -1.2% over the past year.
|TIP Average Weekly Movement||0%|
|Commercial Services Industry Average Movement||5.6%|
|Market Average Movement||5.5%|
|10% most volatile stocks in NG Market||6.9%|
|10% least volatile stocks in NG Market||2.8%|
Stable Share Price: TIP is less volatile than 75% of NG stocks over the past 3 months, typically moving +/- 0% a week.
Volatility Over Time: TIP's weekly volatility (0%) has been stable over the past year.
About the Company
The Initiates Plc, a waste management company, provides contracting and consultancy services in waste management, industrial cleaning, and decontamination to the private and public sectors. The company offers thermal desorption services; surface cleaning and non-man entry automated tank cleaning systems, FPSOs, tanks, and vessel desludging and cleaning systems; onsite drilling waste management systems; waste incineration services; and e-waste processing services. It also provides waste management consultancy services, including contaminated land investigation and remediation planning, waste auditing and strategy development, and waste trans-boundary movement; asbestos management and soil and groundwater remediation; and municipal solid waste management services comprising waste collection planning and optimization, and processing and recycling, treatment and disposal, as well as cost recovery.
The Initiates Plc Fundamentals Summary
|TIP fundamental statistics|
Is TIP overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|TIP income statement (TTM)|
|Cost of Revenue||₦442.63m|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||0.057|
|Net Profit Margin||6.88%|
How did TIP perform over the long term?See historical performance and comparison