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HMCA

Haldane McCall PlcNGSE:HMCALL Stock Report

Market Cap ₦12.0b
Share Price
₦3.84
₦4
4.0% undervalued intrinsic discount
1Y-9.6%
7D6.7%
1D
Portfolio Value
View

Haldane McCall Plc

NGSE:HMCALL Stock Report

Market Cap: ₦12.0b

Haldane McCall (HMCALL) Stock Overview

Engages in the real estate and hospitality business in Nigeria. More details

HMCALL fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
Dividends1/6

HMCALL Community Fair Values

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See what 18 others think this stock is worth. Follow their fair value or set your own to get alerts.

Haldane McCall Plc Competitors

Price History & Performance

Summary of share price highs, lows and changes for Haldane McCall
Historical stock prices
Current Share Price₦3.84
52 Week High₦5.20
52 Week Low₦3.40
Beta0
1 Month Change11.95%
3 Month Change-11.32%
1 Year Change-9.65%
3 Year Changen/a
5 Year Changen/a
Change since IPO-17.24%

Recent News & Updates

Narrative Update May 06

Haldane McCall Plc FY 2025 Financial Analysis

Analyst: Qudus Adebara (Research Analyst) Executive Summary Haldane McCall Plc delivered a resilient performance in FY 2025 , maintaining profitability despite a notable decline in revenue. While turnover fell by 38% year-on-year, improved cost efficiency supported solid gross margins and stable operating performance.
Narrative Update Mar 05

HALDANE McCALL PLC Q3 2025 Result – Resilient Profitability Amid Revenue Contraction and Strong Balance Sheet Growth

Analyst: Qudus Adebara (Research Analyst) Executive Summary Haldane McCall Plc delivered a steady performance for the nine months ended 30 September 2025, demonstrating operational resilience and prudent financial management despite a challenging macroeconomic environment. Revenue for the period declined 44% year-on-year to ₦1.82 billion (9M 2024: ₦3.27 billion), reflecting reduced business volumes across the hospitality and real estate segments.

Recent updates

Narrative Update May 06

Haldane McCall Plc FY 2025 Financial Analysis

Analyst: Qudus Adebara (Research Analyst) Executive Summary Haldane McCall Plc delivered a resilient performance in FY 2025 , maintaining profitability despite a notable decline in revenue. While turnover fell by 38% year-on-year, improved cost efficiency supported solid gross margins and stable operating performance.
Narrative Update Mar 05

HALDANE McCALL PLC Q3 2025 Result – Resilient Profitability Amid Revenue Contraction and Strong Balance Sheet Growth

Analyst: Qudus Adebara (Research Analyst) Executive Summary Haldane McCall Plc delivered a steady performance for the nine months ended 30 September 2025, demonstrating operational resilience and prudent financial management despite a challenging macroeconomic environment. Revenue for the period declined 44% year-on-year to ₦1.82 billion (9M 2024: ₦3.27 billion), reflecting reduced business volumes across the hospitality and real estate segments.
Narrative Update Nov 16

Haldane McCall Plc – Strategic Growth in Affordable Housing and Budget Hospitality

Executive Summary Haldane McCall Plc, a Nigerian-based property and hospitality investment company, continues to position itself as a leader in affordable housing and budget hotel operations under the “Suru Express” brand. Operating primarily in Nigeria and the Republic of Benin, the Group plans to expand across West Africa to capitalize on growing urbanization and rising demand for affordable accommodation.
Narrative Update Aug 05

Haldane McCall Plc Q2 2025 Results – Steady Profitability and Strong Equity Backing Amid Growth in Inventories

Haldane McCall Plc: Ambitious ₦250 Billion Bond Plan to Tackle Housing Deficit and Expand Growth Opportunities Haldane McCall Plc’s plan to float a ₦250 billion bond represents a bold move to address Nigeria’s 25 million housing unit deficit and expand its hospitality and real estate businesses. The initiative aligns with a significant structural demand opportunity in Nigeria’s housing market and the growing hotel sector in Lagos.

Shareholder Returns

HMCALLNG Consumer DurablesNG Market
7D6.7%1.4%-0.5%
1Y-9.6%53.9%134.6%

Return vs Industry: HMCALL underperformed the NG Consumer Durables industry which returned 53.9% over the past year.

Return vs Market: HMCALL underperformed the NG Market which returned 134.8% over the past year.

Price Volatility

Is HMCALL's price volatile compared to industry and market?
HMCALL volatility
HMCALL Average Weekly Movement9.0%
Consumer Durables Industry Average Movement5.8%
Market Average Movement8.0%
10% most volatile stocks in NG Market10.9%
10% least volatile stocks in NG Market4.4%

Stable Share Price: HMCALL has not had significant price volatility in the past 3 months compared to the NG market.

Volatility Over Time: HMCALL's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2012n/aEdward Akinladewww.hmkplc.com

Haldane McCall Plc engages in the real estate and hospitality business in Nigeria. It engages in developing and marketing luxury apartments. The company also operates hotels under the Suru Express Hotel and Suru Express Plus brand names.

Haldane McCall Plc Fundamentals Summary

How do Haldane McCall's earnings and revenue compare to its market cap?
HMCALL fundamental statistics
Market cap₦11.99b
Earnings (TTM)₦0
Revenue (TTM)n/a
n/a
P/E Ratio
n/a
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HMCALL income statement (TTM)
Revenue₦0
Cost of Revenue₦0
Gross Profit₦0
Other Expenses₦0
Earnings₦0

Last Reported Earnings

n/a

Next Earnings Date

n/a

Earnings per share (EPS)0
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did HMCALL perform over the long term?

See historical performance and comparison

Dividends

1.3%
Current Dividend Yield
n/a
Payout Ratio

Does HMCALL pay a reliable dividends?

See HMCALL dividend history and benchmarks
When do you need to buy HMCALL by to receive an upcoming dividend?
Haldane McCall dividend dates
Ex Dividend DateMay 29 2026
Dividend Pay DateJun 18 2026
Days until Ex dividend3 days
Days until Dividend pay date17 days

Does HMCALL pay a reliable dividends?

See HMCALL dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/31 17:23
End of Day Share Price 2026/05/29 00:00
EarningsN/A
Annual EarningsN/A

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Haldane McCall 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.