Tripple Gee & Company Plc manufactures and sells security documents, financial instruments, and labels and flexible packaging items in Nigeria.
Price History & Performance
|Historical stock prices|
|Current Share Price||₦0.96|
|52 Week High||₦0.39|
|52 Week Low||₦1.00|
|1 Month Change||0%|
|3 Month Change||-4.00%|
|1 Year Change||166.67%|
|3 Year Change||24.68%|
|5 Year Change||-29.41%|
|Change since IPO||-43.81%|
Recent News & Updates
|TRIPPLEG||NG Commercial Services||NG Market|
Return vs Industry: TRIPPLEG exceeded the NG Commercial Services industry which returned 63.9% over the past year.
Return vs Market: TRIPPLEG exceeded the NG Market which returned 40% over the past year.
Stable Share Price: TRIPPLEG is more volatile than 75% of NG stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: TRIPPLEG's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of NG stocks.
About the Company
Tripple Gee & Company Plc manufactures and sells security documents, financial instruments, and labels and flexible packaging items in Nigeria. It prints various documents, including MICR encoded and personalized cheques, share certificates, ballot papers and other election stationary, licenses and permits for vehicles and ticketing systems, customs revenue collection forms and receipts, statement of accounts, pension contribution, utility bills, and tax clearance certificates. The company also offers packaging and labelling products, such as tea bags, oil lubricant labels, pharma labels, anti-counterfeit labels, and larger packaging labels, as well as nylon, BOPP, PVC, and shrink packaging products.
Tripple Gee Fundamentals Summary
|TRIPPLEG fundamental statistics|
Is TRIPPLEG overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|TRIPPLEG income statement (TTM)|
|Cost of Revenue||₦1.69b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.17|
|Net Profit Margin||3.89%|
How did TRIPPLEG perform over the long term?See historical performance and comparison
7.3%Current Dividend Yield
Is Tripple Gee undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: TRIPPLEG (NGN0.96) is trading above our estimate of fair value (NGN0.38)
Significantly Below Fair Value: TRIPPLEG is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: TRIPPLEG is good value based on its PE Ratio (5.7x) compared to the African Commercial Services industry average (11.5x).
PE vs Market: TRIPPLEG is good value based on its PE Ratio (5.7x) compared to the NG market (7.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate TRIPPLEG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TRIPPLEG is good value based on its PB Ratio (0.7x) compared to the XF Commercial Services industry average (1.2x).
How is Tripple Gee forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Commercial Services 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 Tripple Gee 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.
How has Tripple Gee performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TRIPPLEG has a high level of non-cash earnings.
Growing Profit Margin: TRIPPLEG became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: TRIPPLEG's earnings have grown significantly by 22.8% per year over the past 5 years.
Accelerating Growth: TRIPPLEG has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: TRIPPLEG has become profitable in the last year, making it difficult to compare its past year earnings growth to the Commercial Services industry (14.4%).
Return on Equity
High ROE: TRIPPLEG's Return on Equity (7.7%) is considered low.
How is Tripple Gee's financial position?
Financial Position Analysis
Short Term Liabilities: TRIPPLEG's short term assets (NGN1.4B) exceed its short term liabilities (NGN862.7M).
Long Term Liabilities: TRIPPLEG's short term assets (NGN1.4B) exceed its long term liabilities (NGN815.5M).
Debt to Equity History and Analysis
Debt Level: TRIPPLEG's debt to equity ratio (69.3%) is considered high.
Reducing Debt: TRIPPLEG's debt to equity ratio has increased from 22.2% to 69.3% over the past 5 years.
Debt Coverage: TRIPPLEG's debt is not well covered by operating cash flow (4.8%).
Interest Coverage: TRIPPLEG's interest payments on its debt are well covered by EBIT (3.6x coverage).
What is Tripple Gee current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TRIPPLEG's dividend (7.29%) is higher than the bottom 25% of dividend payers in the NG market (3.3%).
High Dividend: TRIPPLEG's dividend (7.29%) is low compared to the top 25% of dividend payers in the NG market (7.31%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, TRIPPLEG has been paying a dividend for less than 10 years.
Growing Dividend: TRIPPLEG's dividend payments have increased, but the company has only paid a dividend for 4 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (41.6%), TRIPPLEG's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Tripple Gee has no CEO, or we have no data on them.
Experienced Board: TRIPPLEG's board of directors are seasoned and experienced ( 14.8 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Tripple Gee & Company Plc's employee growth, exchange listings and data sources
- Name: Tripple Gee & Company Plc
- Ticker: TRIPPLEG
- Exchange: NGSE
- Founded: 1980
- Industry: Commercial Printing
- Sector: Commercial Services
- Market Cap: ₦475.156m
- Shares outstanding: 494.95m
- Website: https://tripplegeeplc.com
Number of Employees
- Tripple Gee & Company Plc
- Plot 9, Kareem Giwa Street
- Opposite Trade Fair Complex
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/18 21:40|
|End of Day Share Price||2021/10/18 00:00|
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.