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RAKU

RAK Unity PetroleumNGSE:RAKUNITY Stock Report

Market Cap

₦17.0m

7D

0%

1Y

0%

Updated

25 Oct, 2021

Data

Company Financials
RAKUNITY fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

RAKUNITY Overview

RAK Unity Petroleum Plc engages in the distribution and sale of petroleum products in Nigeria.

Price History & Performance

Summary of all time highs, changes and price drops for RAK Unity Petroleum
Historical stock prices
Current Share Price₦0.30
52 Week High₦0
52 Week Low₦0
Beta0.24
1 Month Change0%
3 Month Change0%
1 Year Change0%
3 Year Change-25.00%
5 Year Change-40.00%
Change since IPO0%

Recent News & Updates

Shareholder Returns

RAKUNITYNG Oil and GasNG Market
7D0%1.2%0.7%
1Y0%76.6%40.9%

Return vs Industry: RAKUNITY underperformed the NG Oil and Gas industry which returned 76.6% over the past year.

Return vs Market: RAKUNITY underperformed the NG Market which returned 40.9% over the past year.

Price Volatility

Is RAKUNITY's price volatile compared to industry and market?
RAKUNITY volatility
RAKUNITY Beta0.24
Industry Beta0.54
Market Beta1

Stable Share Price: RAKUNITY is less volatile than 75% of NG stocks over the past 3 months, typically moving +/- 0% a week.

Volatility Over Time: RAKUNITY's weekly volatility (0%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19824n/ahttps://www.rakunity.com

RAK Unity Petroleum Plc engages in the distribution and sale of petroleum products in Nigeria. It operates through three segments: Bulk, Retails, and Dump. The company offers oils, petrol, gas, kerosene, AGO, PMS, DPK, and lubes, as well as erect structures.

RAK Unity Petroleum Fundamentals Summary

How do RAK Unity Petroleum's earnings and revenue compare to its market cap?
RAKUNITY fundamental statistics
Market Cap₦16.99m
Earnings (TTM)-₦67.62m
Revenue (TTM)₦591.69m

0.03x

P/S Ratio

-0.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
RAKUNITY income statement (TTM)
Revenue₦591.69m
Cost of Revenue₦556.26m
Gross Profit₦35.43m
Expenses₦103.05m
Earnings-₦67.62m

Last Reported Earnings

Mar 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-1.19
Gross Margin5.99%
Net Profit Margin-11.43%
Debt/Equity Ratio0.0%

How did RAKUNITY perform over the long term?

See historical performance and comparison

Valuation

Is RAK Unity Petroleum undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: RAKUNITY (NGN0.3) is trading below our estimate of fair value (NGN1.08)

Significantly Below Fair Value: RAKUNITY is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: RAKUNITY is unprofitable, so we can't compare its PE Ratio to the African Oil and Gas industry average.

PE vs Market: RAKUNITY 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 RAKUNITY's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: RAKUNITY is good value based on its PB Ratio (0x) compared to the NG Oil and Gas industry average (0.8x).


Future Growth

How is RAK Unity Petroleum forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

0.3%

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 RAK Unity Petroleum 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.


Past Performance

How has RAK Unity Petroleum performed over the past 5 years?

-63.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: RAKUNITY is currently unprofitable.

Growing Profit Margin: RAKUNITY is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: RAKUNITY is unprofitable, and losses have increased over the past 5 years at a rate of 63.1% per year.

Accelerating Growth: Unable to compare RAKUNITY's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: RAKUNITY 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: RAKUNITY has a negative Return on Equity (-14%), as it is currently unprofitable.


Financial Health

How is RAK Unity Petroleum's financial position?


Financial Position Analysis

Short Term Liabilities: RAKUNITY's short term assets (NGN496.6M) exceed its short term liabilities (NGN72.4M).

Long Term Liabilities: RAKUNITY has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: RAKUNITY is debt free.

Reducing Debt: RAKUNITY has not had any debt for past 5 years.

Debt Coverage: RAKUNITY has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: RAKUNITY has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is RAK Unity Petroleum current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate RAKUNITY's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate RAKUNITY's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if RAKUNITY's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if RAKUNITY's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: RAKUNITY is not paying a notable dividend for the NG market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of RAKUNITY's dividend in 3 years as they are not forecast to pay a notable one for the NG market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.0yrs

Average board tenure


CEO

RAK Unity Petroleum has no CEO, or we have no data on them.


Board Members

Experienced Board: RAKUNITY's board of directors are considered experienced (5 years average tenure).


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

RAK Unity Petroleum Plc's employee growth, exchange listings and data sources


Key Information

  • Name: RAK Unity Petroleum Plc
  • Ticker: RAKUNITY
  • Exchange: NGSE
  • Founded: 1982
  • Industry: Oil and Gas Refining and Marketing
  • Sector: Energy
  • Market Cap: ₦16.987m
  • Shares outstanding: 56.62m
  • Website: https://www.rakunity.com

Number of Employees


Location

  • RAK Unity Petroleum Plc
  • Block 5
  • Water Corporation Road
  • Lagos
  • Nigeria

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/25 21:39
End of Day Share Price2021/10/25 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


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.