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ELLA

Ellah LakesNGSE:ELLAHLAKES Stock Report

Market Cap

₦8.5b

7D

0%

1Y

0%

Updated

15 Oct, 2021

Data

Company Financials
ELLAHLAKES fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

ELLAHLAKES Overview

Ellah Lakes Plc engages in the fish farming and agricultural related activities in Nigeria.

Price History & Performance

Summary of all time highs, changes and price drops for Ellah Lakes
Historical stock prices
Current Share Price₦4.25
52 Week High₦4.25
52 Week Low₦4.25
Beta-0.00088
1 Month Change0%
3 Month Change0%
1 Year Change0%
3 Year Change-0.24%
5 Year Change-0.24%
Change since IPO750.00%

Recent News & Updates

Shareholder Returns

ELLAHLAKESNG FoodNG Market
7D0%1.0%1.6%
1Y0%30.3%40.1%

Return vs Industry: ELLAHLAKES underperformed the NG Food industry which returned 31.1% over the past year.

Return vs Market: ELLAHLAKES underperformed the NG Market which returned 40.6% over the past year.

Price Volatility

Is ELLAHLAKES's price volatile compared to industry and market?
ELLAHLAKES volatility
ELLAHLAKES Beta-0.00088
Industry Beta0.84
Market Beta1

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

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

About the Company

FoundedEmployeesCEOWebsite
1980n/aChuka Mordihttps://ellahlakes.com

Ellah Lakes Plc engages in the fish farming and agricultural related activities in Nigeria. It produces and markets fresh water fish; and deals in oil palm produces and plantations. The company was founded in 1980 and is headquartered in Benin City, Nigeria.

Ellah Lakes Fundamentals Summary

How do Ellah Lakes's earnings and revenue compare to its market cap?
ELLAHLAKES fundamental statistics
Market Cap₦8.50b
Earnings (TTM)-₦562.92m
Revenue (TTM)n/a

0x

P/S Ratio

-15.1x

P/E Ratio

Is ELLAHLAKES overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
ELLAHLAKES income statement (TTM)
Revenue₦0
Cost of Revenue₦2.74m
Gross Profit-₦2.74m
Expenses₦560.19m
Earnings-₦562.92m

Last Reported Earnings

Jul 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.28
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio35.6%

How did ELLAHLAKES perform over the long term?

See historical performance and comparison

Valuation

Is Ellah Lakes undervalued compared to its fair value and its price relative to the market?

1.34x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate ELLAHLAKES's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate ELLAHLAKES's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: ELLAHLAKES is unprofitable, so we can't compare its PE Ratio to the NG Food industry average.

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


Price to Book Ratio

PB vs Industry: ELLAHLAKES's PB Ratio (1.3x) is in line with the NG Food industry average.


Future Growth

How is Ellah Lakes forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

10.8%

Forecasted Food, Beverage & Tobacco 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 Ellah Lakes 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 Ellah Lakes performed over the past 5 years?

-29.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ELLAHLAKES is currently unprofitable.

Growing Profit Margin: ELLAHLAKES is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ELLAHLAKES is unprofitable, and losses have increased over the past 5 years at a rate of 29.6% per year.

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

Earnings vs Industry: ELLAHLAKES is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (34.1%).


Return on Equity

High ROE: ELLAHLAKES has a negative Return on Equity (-7.91%), as it is currently unprofitable.


Financial Health

How is Ellah Lakes's financial position?


Financial Position Analysis

Short Term Liabilities: ELLAHLAKES's short term assets (NGN680.8M) do not cover its short term liabilities (NGN1.7B).

Long Term Liabilities: ELLAHLAKES's short term assets (NGN680.8M) do not cover its long term liabilities (NGN1.2B).


Debt to Equity History and Analysis

Debt Level: ELLAHLAKES's debt to equity ratio (35.6%) is considered satisfactory.

Reducing Debt: ELLAHLAKES's debt to equity ratio has reduced from 123.3% to 35.6% over the past 5 years.


Balance Sheet


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: ELLAHLAKES has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: ELLAHLAKES has less than a year of cash runway if free cash flow continues to reduce at historical rates of 52.8% each year


Dividend

What is Ellah Lakes's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate ELLAHLAKES'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 ELLAHLAKES's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ELLAHLAKES's dividend payments have been 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 ELLAHLAKES'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?

1.8yrs

Average board tenure


CEO

Chuka Mordi

no data

Tenure

Mr. Francis Chukwuka Mordi, also known as Chuka, is the Chief Executive Officer and Managing Director of Ellah Lakes Plc. He was a Managing Partner and Co-Founder at CBO Investment Management. Mr. Mordi is...


Board Members

Experienced Board: ELLAHLAKES's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.


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

Ellah Lakes Plc's employee growth, exchange listings and data sources


Key Information

  • Name: Ellah Lakes Plc
  • Ticker: ELLAHLAKES
  • Exchange: NGSE
  • Founded: 1980
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: ₦8.500b
  • Shares outstanding: 2.00b
  • Website: https://ellahlakes.com

Location

  • Ellah Lakes Plc
  • No. 12 Ihama Road
  • GRA
  • Benin City
  • Nigeria

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/15 22:42
End of Day Share Price2021/10/15 00:00
Earnings2021/07/31
Annual Earnings2021/07/31


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.