VITAFOAM Stock Overview
Vitafoam Nigeria Plc, together with its subsidiaries, manufactures, markets, and distributes flexible/rigid foam and fiber products, and textile linens in Nigeria and West Africa.
Price History & Performance
|Historical stock prices|
|Current Share Price||₦21.90|
|52 Week High||₦21.90|
|52 Week Low||₦6.35|
|1 Month Change||25.86%|
|3 Month Change||33.54%|
|1 Year Change||212.86%|
|3 Year Change||672.94%|
|5 Year Change||995.00%|
|Change since IPO||956.84%|
Recent News & Updates
|VITAFOAM||NG Consumer Durables||NG Market|
Return vs Industry: VITAFOAM exceeded the NG Consumer Durables industry which returned 22.2% over the past year.
Return vs Market: VITAFOAM exceeded the NG Market which returned 18.4% over the past year.
|VITAFOAM Average Weekly Movement||4.1%|
|Consumer Durables Industry Average Movement||5.0%|
|Market Average Movement||4.5%|
|10% most volatile stocks in NG Market||8.0%|
|10% least volatile stocks in NG Market||2.6%|
Stable Share Price: VITAFOAM is not significantly more volatile than the rest of NG stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: VITAFOAM's weekly volatility (4%) has been stable over the past year.
About the Company
Vitafoam Nigeria Plc, together with its subsidiaries, manufactures, markets, and distributes flexible/rigid foam and fiber products, and textile linens in Nigeria and West Africa. It operates through two segments, Foam Products and Furniture/Other Products. The company’s products include bedsheets, chairs, cots, duvets, flexi mats, mattress, pillows, poufs, sofas, leisure mats, prayer mats, seat support products, throw pillows, vita rolls, vita travel products, memory topper, beds, dressing tables, wardrobes, and textile linens.
Vitafoam Nigeria Fundamentals Summary
|VITAFOAM fundamental statistics|
Is VITAFOAM overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|VITAFOAM income statement (TTM)|
|Cost of Revenue||₦21.31b|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||3.96|
|Net Profit Margin||13.99%|
How did VITAFOAM perform over the long term?See historical performance and comparison
3.2%Current Dividend Yield
Is Vitafoam Nigeria 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: VITAFOAM (NGN21.9) is trading above our estimate of fair value (NGN5.39)
Significantly Below Fair Value: VITAFOAM is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: VITAFOAM is good value based on its PE Ratio (5.5x) compared to the Global Consumer Durables industry average (13.8x).
PE vs Market: VITAFOAM is good value based on its PE Ratio (5.5x) compared to the NG market (7.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate VITAFOAM's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: VITAFOAM is overvalued based on its PB Ratio (2.1x) compared to the XF Consumer Durables industry average (0.9x).
How is Vitafoam Nigeria forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Consumer Durables 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 Vitafoam 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.
How has Vitafoam Nigeria performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: VITAFOAM has a high level of non-cash earnings.
Growing Profit Margin: VITAFOAM's current net profit margins (14%) are lower than last year (15.4%).
Past Earnings Growth Analysis
Earnings Trend: VITAFOAM has become profitable over the past 5 years, growing earnings by 61.8% per year.
Accelerating Growth: VITAFOAM's earnings growth over the past year (36.7%) is below its 5-year average (61.8% per year).
Earnings vs Industry: VITAFOAM earnings growth over the past year (36.7%) underperformed the Consumer Durables industry 41.6%.
Return on Equity
High ROE: VITAFOAM's Return on Equity (39.3%) is considered high.
How is Vitafoam Nigeria's financial position?
Financial Position Analysis
Short Term Liabilities: VITAFOAM's short term assets (NGN25.3B) exceed its short term liabilities (NGN15.8B).
Long Term Liabilities: VITAFOAM's short term assets (NGN25.3B) exceed its long term liabilities (NGN2.7B).
Debt to Equity History and Analysis
Debt Level: VITAFOAM's net debt to equity ratio (6.9%) is considered satisfactory.
Reducing Debt: VITAFOAM's debt to equity ratio has reduced from 192.2% to 85.8% over the past 5 years.
Debt Coverage: VITAFOAM's debt is not well covered by operating cash flow (13.7%).
Interest Coverage: VITAFOAM's interest payments on its debt are well covered by EBIT (27.5x coverage).
What is Vitafoam Nigeria current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: VITAFOAM's dividend (3.2%) is higher than the bottom 25% of dividend payers in the NG market (3.07%).
High Dividend: VITAFOAM's dividend (3.2%) is low compared to the top 25% of dividend payers in the NG market (7.28%).
Stability and Growth of Payments
Stable Dividend: VITAFOAM's dividend payments have been volatile in the past 10 years.
Growing Dividend: VITAFOAM's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (14.7%), VITAFOAM's dividend payments are thoroughly 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 management tenure
Mr. Taiwo Ayodele Adeniyi serves as Chief Executive Officer and Group Managing Director of Vitafoam Nigeria Plc. Mr. Adeniyi served as Group Technical and Development Director at Vitafoam Nigeria Plc and a...
Experienced Management: VITAFOAM's management team is seasoned and experienced (6.3 years average tenure).
Experienced Board: VITAFOAM's board of directors are considered experienced (4.1 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.
Vitafoam Nigeria Plc's employee growth, exchange listings and data sources
- Name: Vitafoam Nigeria Plc
- Ticker: VITAFOAM
- Exchange: NGSE
- Founded: 1962
- Industry: Home Furnishings
- Sector: Consumer Durables
- Market Cap: ₦27.393b
- Shares outstanding: 1.25b
- Website: https://www.vitafoamng.com
Number of Employees
- Vitafoam Nigeria Plc
- 140, Oba Akran Avenue
- Industrial Estate
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/11/25 21:48|
|End of Day Share Price||2021/11/25 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.