Africa Prudential Valuation

Q: What is the Fair Price of AFRIPRUD when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

AFRIPRUD (NGN10.8) is trading above our estimate of [[fair value]] (NGN0.28)

Is AFRIPRUD undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of AFRIPRUD when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: AFRIPRUD (NGN10.8) is trading above our estimate of fair value (NGN0.28)

Significantly Below Fair Value: AFRIPRUD is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for AFRIPRUD?

Key metric: As AFRIPRUD is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for AFRIPRUD. This is calculated by dividing AFRIPRUD's market cap by their current earnings.
What is AFRIPRUD's PE Ratio?
PE Ratio	15.1x
Earnings	₦1.43b
Market Cap	₦20.40b

AFRIPRUD key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	249.9x
Enterprise Value/EBITDA	-14.8x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does AFRIPRUD's PE Ratio compare to its peers?

The above table shows the PE ratio for AFRIPRUD vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	33x
UCAP United Capital	17.1x	n/a	₦324.0b
VFDGROUP VFD Group	91.5x	n/a	₦56.4b
8098 CL Group (Holdings)	3.2x	n/a	HK$74.8m
531395 Padam Cotton Yarns	20.3x	n/a	₹1.0b
AFRIPRUD Africa Prudential	15.1x	n/a	₦20.4b

Price-To-Earnings vs Peers: AFRIPRUD is good value based on its Price-To-Earnings Ratio (15.1x) compared to the peer average (33x).

Price to Earnings Ratio vs Industry

How does AFRIPRUD's PE Ratio compare vs other companies in the African Capital Markets Industry?

1 Company	Price / Earnings	Estimated Growth	Market Cap

1 Company		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: AFRIPRUD is expensive based on its Price-To-Earnings Ratio (15.1x) compared to the African Capital Markets industry average (8.6x).

Price to Earnings Ratio vs Fair Ratio

What is AFRIPRUD's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

AFRIPRUD PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	15.1x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate AFRIPRUD's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.