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Updated 6h ago
VFDGROUP logo

VFD Group PLCNGSE:VFDGROUP Stock Report

Market Cap ₦145.7b
Updated 6h ago
Share Price
n/a
1Y5.5%
7D0.9%
1D9.5%
Portfolio Value
​
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VFD Group PLC

NGSE:VFDGROUP Stock Report

Market Cap: ₦145.7b

  • Company Overview
  • Valuation
  • Future Growth
  • Past Performance
  • Financial Health
  • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

VFD Group (VFDGROUP) Stock Overview

A proprietary investment company, provides alternative funding and investment channels accessible to individuals, small businesses, and operators in Nigeria and Ghana. More details

VFDGROUP fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance4/6
Financial Health2/6
Dividends3/6

Rewards

Price-To-Earnings ratio (12.9x) is below the NG market (15.5x)

Earnings grew by 59.8% over the past year

Risk Analysis

Interest payments are not well covered by earnings

Shareholders have been substantially diluted in the past year

Large one-off items impacting financial results


VFDGROUP Community Fair Values

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Current Price
₦11.50499.0% overvalued intrinsic discount
%/yr
Decrease
Increase
PastFuture-4b76b2016201920222025202620282031Revenue ₦76.1bEarnings ₦11.3b
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VFD Group PLC Competitors

United Capital

Symbol: NGSE:UCAP
Market cap: ₦308.7b

Nigerian Exchange Group

Symbol: NGSE:NGXGROUP
Market cap: ₦348.3b

eTranzact International

Symbol: NGSE:ETRANZACT
Market cap: ₦109.9b

Africa Prudential

Symbol: NGSE:AFRIPRUD
Market cap: ₦41.0b

Price History & Performance

Summary of share price highs, lows and changes for VFD Group
Historical stock prices
Current Share Price₦11.50
52 Week High₦14.40
52 Week Low₦9.50
Beta-0.20
1 Month Change-4.17%
3 Month Change6.48%
1 Year Change5.50%
3 Year Changen/a
5 Year Changen/a
Change since IPO28.11%

Recent News & Updates

User avatar
Narrative Update • Aug 05

VFD Group Plc Delivers Strong H1 2026 Earnings Growth Amid Expanding Investment Portfolio and Successful Capital Raise

Executive Summary Analyst: Qudus Adebara (Research Analyst, DLM Securities) VFD Group Plc reported a strong financial performance for the six months ended June 30, 2026, driven by robust growth in investment income, improved operating profitability, and a successful capital raising exercise that significantly strengthened shareholders’ funds. The Group’s gross earnings increased by 30.5% YoY to ₦53.71 billion, while Profit Before Tax (PBT) surged by 98.4% to ₦11.98 billion from ₦6.04 billion in H1 2025.
User avatar
Narrative Update • Jul 13

VFD Group Plc Reports Strong Q1 2026 Earnings Growth Driven by Investment Income Expansion Despite Elevated Finance Costs

Executive Summary Analyst: Qudus Adebara (Research Analyst, DLM Capital Group) VFD Group Plc delivered a solid financial performance for the period ended March 31, 2026, underpinned by strong growth in investment income and diversified revenue streams. Gross earnings rose significantly by 37% YoY to ₦27.1 billion, supported by expansion in investment and similar income across multiple asset classes.
User avatar
Narrative Update • May 06

VFD Group Plc Delivers Strong FY 2025 Balance Sheet Expansion and Robust Comprehensive Income Despite Margin Pressure from High Finance Cost

Analyst: Qudus Adebara (Research Analyst) Executive Summary VFD Group Plc delivered a solid FY 2025 performance marked by strong balance sheet expansion, resilient core investment income, and exceptional comprehensive income growth , despite persistent pressure from elevated finance costs and higher impairment charges. For the year ended December 31, 2025, the Group recorded Profit After Tax (PAT) of ₦9.68 billion , representing an 11.4% YoY increase , supported by strong fair value gains on equity investments and disciplined cost control.

Recent updates

User avatar
Narrative Update • Aug 05

VFD Group Plc Delivers Strong H1 2026 Earnings Growth Amid Expanding Investment Portfolio and Successful Capital Raise

Executive Summary Analyst: Qudus Adebara (Research Analyst, DLM Securities) VFD Group Plc reported a strong financial performance for the six months ended June 30, 2026, driven by robust growth in investment income, improved operating profitability, and a successful capital raising exercise that significantly strengthened shareholders’ funds. The Group’s gross earnings increased by 30.5% YoY to ₦53.71 billion, while Profit Before Tax (PBT) surged by 98.4% to ₦11.98 billion from ₦6.04 billion in H1 2025.
User avatar
Narrative Update • Jul 13

VFD Group Plc Reports Strong Q1 2026 Earnings Growth Driven by Investment Income Expansion Despite Elevated Finance Costs

Executive Summary Analyst: Qudus Adebara (Research Analyst, DLM Capital Group) VFD Group Plc delivered a solid financial performance for the period ended March 31, 2026, underpinned by strong growth in investment income and diversified revenue streams. Gross earnings rose significantly by 37% YoY to ₦27.1 billion, supported by expansion in investment and similar income across multiple asset classes.
User avatar
Narrative Update • May 06

VFD Group Plc Delivers Strong FY 2025 Balance Sheet Expansion and Robust Comprehensive Income Despite Margin Pressure from High Finance Cost

Analyst: Qudus Adebara (Research Analyst) Executive Summary VFD Group Plc delivered a solid FY 2025 performance marked by strong balance sheet expansion, resilient core investment income, and exceptional comprehensive income growth , despite persistent pressure from elevated finance costs and higher impairment charges. For the year ended December 31, 2025, the Group recorded Profit After Tax (PAT) of ₦9.68 billion , representing an 11.4% YoY increase , supported by strong fair value gains on equity investments and disciplined cost control.
User avatar
Narrative Update • Feb 08

VFD GROUP PLC Q3 Result– Robust Earnings Momentum and Strong Balance Sheet Growth Underpin Solid Nine-Month Performance

Analyst: Qudus Adebara Executive Summary VFD Group Plc reported an impressive performance for the nine months ended 30 September 2025 , with substantial growth across core earnings, profitability, and balance sheet size. The Group sustained its strategic expansion drive across its diversified investment portfolio, demonstrating strong resilience and earnings momentum despite a challenging macroeconomic environment.
User avatar
Narrative Update • Nov 09

VFD GROUP PLC Q3– Strong Earnings Growth and Solid Balance Sheet Strength amid Strategic Portfolio Expansion

Executive Summary VFD Group Plc (VFD or “the Group”) reported a resilient performance for the nine months ended 30 September 2025, reflecting strong growth across its core income lines and continued diversification of its investment portfolio. The Group delivered a gross earnings increase of 34.9% year-on-year to ₦60.72 billion (9M 2024: ₦45.01 billion), driven by sustained momentum in investment income and fair value gains on financial assets.
User avatar
Narrative Update • Oct 17

VFD Group Plc Q2/H1 Result – Solid Growth Trajectory Amidst Rising Finance Costs

VFD Group Plc – Launches ₦50.67 Billion Rights Issue to Strengthen Capital Base and Accelerate Pan-African Expansion VFD Group Plc , one of Nigeria’s leading investment holding companies, has announced the launch of a ₦50.67 billion Rights Issue aimed at strengthening its capital base, improving liquidity, and accelerating its expansion into Africa and the United Kingdom. The offer comprises 5,067,396,400 ordinary shares of 50 kobo each , priced at ₦10 per share , on the basis of two new shares for every three existing shares held.

Shareholder Returns

VFDGROUPNG Capital MarketsNG Market
7D0.9%-3.8%-2.4%
1Y5.5%27.7%58.5%

Return vs Industry: VFDGROUP underperformed the NG Capital Markets industry which returned 26.2% over the past year.

Return vs Market: VFDGROUP underperformed the NG Market which returned 61.4% over the past year.

Price Volatility

Is VFDGROUP's price volatile compared to industry and market?
VFDGROUP volatility
VFDGROUP Average Weekly Movement7.2%
Capital Markets Industry Average Movement5.4%
Market Average Movement6.5%
10% most volatile stocks in NG Market10.0%
10% least volatile stocks in NG Market3.2%

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

Volatility Over Time: VFDGROUP's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2009743Nonso Okpalawww.vfdgroup.com

VFD Group PLC, a proprietary investment company, provides alternative funding and investment channels accessible to individuals, small businesses, and operators in Nigeria and Ghana. The company engages in microfinance banking, investment and fund management, issuing house and investment adviser, stock and insurance brokerage, auto and financial leasing, real estate and hospitality development, logistics and haulage, lending and technology, IT infrastructure development, digital product development, building construction services, comfort-food style restaurant, relaxation, leisure and homestyle cooking’s activities. It offers its services to the financial services, capital market, technology, security services, banking, remittance, real estate and hospitality, leasing, media and entertainment, infrastructure, and energy sectors.

VFD Group PLC Fundamentals Summary

How do VFD Group's earnings and revenue compare to its market cap?
VFDGROUP fundamental statistics
Market cap₦145.69b
Earnings (TTM)₦11.33b
Revenue (TTM)₦76.11b
12.9x
P/E Ratio
1.9x
P/S Ratio

Is VFDGROUP overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
VFDGROUP income statement (TTM)
Revenue₦76.11b
Cost of Revenue₦2.35b
Gross Profit₦73.75b
Other Expenses₦62.42b
Earnings₦11.33b

Last Reported Earnings

Jun 30, 2026

Next Earnings Date

n/a

Earnings per share (EPS)0.89
Gross Margin96.91%
Net Profit Margin14.89%
Debt/Equity Ratio106.9%

How did VFDGROUP perform over the long term?

See historical performance and comparison

Dividends

2.2%
Current Dividend Yield
17%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/09 22:54
End of Day Share Price 2026/09/09 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

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
  • SEC Form 10-K
  • SEC Form 10-Q
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
  • Analyst Research Reports
  • Blue Matrix
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 years
  • Company announcements
  • SEC Form 8-K

* 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 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

VFD Group 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.

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Financial Data provided by S&P Global Market Intelligence LLC, analysis provided by Simply Wall Street Pty Ltd. Copyright © 2026, S&P Global Market Intelligence LLC. All rights reserved.
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