Eterna Plc, an integrated energy company, manufactures and sells lubricating oils and petrochemicals in Nigeria.
Price History & Performance
|Historical stock prices|
|Current Share Price||₦7.70|
|52 Week High||₦4.10|
|52 Week Low||₦8.25|
|1 Month Change||18.10%|
|3 Month Change||7.69%|
|1 Year Change||65.24%|
|3 Year Change||24.19%|
|5 Year Change||n/a|
|Change since IPO||1,521.05%|
Recent News & Updates
|ETERNA||NG Oil and Gas||NG Market|
Return vs Industry: ETERNA underperformed the NG Oil and Gas industry which returned 71.7% over the past year.
Return vs Market: ETERNA exceeded the NG Market which returned 38.9% over the past year.
Stable Share Price: ETERNA is more volatile than 75% of NG stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: ETERNA's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of NG stocks.
About the Company
Eterna Plc, an integrated energy company, manufactures and sells lubricating oils and petrochemicals in Nigeria. It operates through Retail and Industrial, Lubricants and Chemicals, and Trading segments. The Retail and Industrial segment sells and distributes petroleum products, such as white products and lubricants in retail outlets and small units, as well as directly to industrial customers.
Eterna Fundamentals Summary
|ETERNA fundamental statistics|
Is ETERNA overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ETERNA income statement (TTM)|
|Cost of Revenue||₦57.20b|
Last Reported Earnings
Sep 30, 2020
Next Earnings Date
|Earnings per share (EPS)||-0.077|
|Net Profit Margin||-0.16%|
How did ETERNA perform over the long term?See historical performance and comparison
1.3%Current Dividend Yield
Is Eterna undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ETERNA (NGN7.7) is trading below our estimate of fair value (NGN86.14)
Significantly Below Fair Value: ETERNA is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ETERNA is unprofitable, so we can't compare its PE Ratio to the African Oil and Gas industry average.
PE vs Market: ETERNA 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 ETERNA's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ETERNA's PB Ratio (0.8x) is in line with the NG Oil and Gas industry average.
How is Eterna forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Energy 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 Eterna 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 Eterna performed over the past 5 years?
Last years earnings growth
Earnings and Revenue History
Quality Earnings: ETERNA is currently unprofitable.
Growing Profit Margin: ETERNA is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if ETERNA's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare ETERNA's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ETERNA is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (50.7%).
Return on Equity
High ROE: ETERNA has a negative Return on Equity (-0.8%), as it is currently unprofitable.
How is Eterna's financial position?
Financial Position Analysis
Short Term Liabilities: ETERNA's short term assets (NGN18.8B) exceed its short term liabilities (NGN18.6B).
Long Term Liabilities: ETERNA's short term assets (NGN18.8B) exceed its long term liabilities (NGN1.7B).
Debt to Equity History and Analysis
Debt Level: ETERNA's debt to equity ratio (93.6%) is considered high.
Reducing Debt: ETERNA's debt to equity ratio has increased from 19.4% to 93.6% over the past 5 years.
Debt Coverage: ETERNA's debt is well covered by operating cash flow (40.7%).
Interest Coverage: ETERNA's interest payments on its debt are not well covered by EBIT (1.6x coverage).
What is Eterna current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ETERNA's dividend (1.3%) isn’t notable compared to the bottom 25% of dividend payers in the NG market (3.25%).
High Dividend: ETERNA's dividend (1.3%) is low compared to the top 25% of dividend payers in the NG market (7.24%).
Stability and Growth of Payments
Stable Dividend: ETERNA is not paying a notable dividend for the NG market, therefore no need to check if payments are stable.
Growing Dividend: ETERNA is not paying a notable dividend for the NG market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ETERNA's dividend in 3 years as they are not forecast to pay a notable one for the NG market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Nnamdi Obiagwu is the Executive Director at Eterna Plc since January 2020 and served as its General Manager of Lubes since 2017 until January 2020. He is the Managing Director and Chief Executive Offic...
Experienced Management: ETERNA's management team is not considered experienced ( 1 years average tenure), which suggests a new team.
Experienced Board: ETERNA's board of directors are considered experienced (5 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.
Eterna Plc's employee growth, exchange listings and data sources
- Name: Eterna Plc
- Ticker: ETERNA
- Exchange: NGSE
- Founded: 1989
- Industry: Oil and Gas Refining and Marketing
- Sector: Energy
- Market Cap: ₦10.042b
- Shares outstanding: 1.30b
- Website: https://www.eternaplc.com
Number of Employees
- Eterna Plc
- 5a Oba Adeyinka Oyekan Avenue
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/19 15:21|
|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.