Ikeja Hotel Plc engages in the operation of hotels and restaurants.
Price History & Performance
|Historical stock prices|
|Current Share Price||₦1.15|
|52 Week High||₦0.90|
|52 Week Low||₦1.76|
|1 Month Change||0.88%|
|3 Month Change||-8.00%|
|1 Year Change||3.60%|
|3 Year Change||-49.34%|
|5 Year Change||-37.84%|
|Change since IPO||-61.98%|
Recent News & Updates
|IKEJAHOTEL||NG Hospitality||NG Market|
Return vs Industry: IKEJAHOTEL underperformed the NG Hospitality industry which returned 37.3% over the past year.
Return vs Market: IKEJAHOTEL underperformed the NG Market which returned 40% over the past year.
Stable Share Price: IKEJAHOTEL is not significantly more volatile than the rest of NG stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: IKEJAHOTEL's weekly volatility (5%) has been stable over the past year.
About the Company
Ikeja Hotel Plc engages in the operation of hotels and restaurants. The company operates through two segments, Lagos and Abuja. It operates three five star hotels, including Sheraton Lagos Hotel, Sheraton Abuja Hotel, and Federal Palace Hotels & Casino.
Ikeja Hotel Fundamentals Summary
|IKEJAHOTEL fundamental statistics|
Is IKEJAHOTEL overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|IKEJAHOTEL income statement (TTM)|
|Cost of Revenue||₦5.66b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-2.71|
|Net Profit Margin||-95.29%|
How did IKEJAHOTEL perform over the long term?See historical performance and comparison
3.5%Current Dividend Yield
Is Ikeja Hotel undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: IKEJAHOTEL (NGN1.15) is trading above our estimate of fair value (NGN0.17)
Significantly Below Fair Value: IKEJAHOTEL is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: IKEJAHOTEL is unprofitable, so we can't compare its PE Ratio to the African Hospitality industry average.
PE vs Market: IKEJAHOTEL is unprofitable, so we can't compare its PE Ratio to the NG market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate IKEJAHOTEL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: IKEJAHOTEL is good value based on its PB Ratio (0.2x) compared to the NG Hospitality industry average (0.7x).
How is Ikeja Hotel forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Consumer 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 Ikeja Hotel 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 Ikeja Hotel performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: IKEJAHOTEL is currently unprofitable.
Growing Profit Margin: IKEJAHOTEL is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: IKEJAHOTEL is unprofitable, and losses have increased over the past 5 years at a rate of 83.6% per year.
Accelerating Growth: Unable to compare IKEJAHOTEL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: IKEJAHOTEL is unprofitable, making it difficult to compare its past year earnings growth to the Hospitality industry (23.9%).
Return on Equity
High ROE: IKEJAHOTEL has a negative Return on Equity (-29.95%), as it is currently unprofitable.
How is Ikeja Hotel's financial position?
Financial Position Analysis
Short Term Liabilities: IKEJAHOTEL's short term assets (NGN14.2B) exceed its short term liabilities (NGN11.0B).
Long Term Liabilities: IKEJAHOTEL's short term assets (NGN14.2B) exceed its long term liabilities (NGN10.2B).
Debt to Equity History and Analysis
Debt Level: IKEJAHOTEL is debt free.
Reducing Debt: IKEJAHOTEL has no debt compared to 5 years ago when its debt to equity ratio was 5.7%.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: IKEJAHOTEL has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: IKEJAHOTEL has sufficient cash runway for 2.6 years if free cash flow continues to reduce at historical rates of 58.9% each year.
What is Ikeja Hotel current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: IKEJAHOTEL's dividend (3.48%) is higher than the bottom 25% of dividend payers in the NG market (3.3%).
High Dividend: IKEJAHOTEL's dividend (3.48%) is low compared to the top 25% of dividend payers in the NG market (7.31%).
Stability and Growth of Payments
Stable Dividend: IKEJAHOTEL has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: IKEJAHOTEL has only been paying a dividend for 2 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: IKEJAHOTEL is paying a dividend but the company is unprofitable.
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?
Mr. Theophilus Eniola Netufo, FCA, serves as Group Managing Director at Ikeja Hotel Plc since 2020, also serves as it's Chief Executive Officer and Director since June 2020. He was Managing Director at Ike...
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.
Ikeja Hotel Plc's employee growth, exchange listings and data sources
- Name: Ikeja Hotel Plc
- Ticker: IKEJAHOTEL
- Exchange: NGSE
- Founded: 1972
- Industry: Hotels, Resorts and Cruise Lines
- Sector: Consumer Services
- Market Cap: ₦2.391b
- Shares outstanding: 2.08b
- Website: https://www.ikejahotelplc.com
Number of Employees
- Ikeja Hotel Plc
- 84, Opebi Road
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/18 21:42|
|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.