FTN Cocoa Processors Valuation

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

Valuation Score

0/6

Valuation Score 0/6

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

Share Price vs Fair Value

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

Below Fair Value: Insufficient data to calculate FTNCOCOA's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate FTNCOCOA's fair value for valuation analysis.

Key Valuation Metric

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

Key metric: As FTNCOCOA is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for FTNCOCOA. This is calculated by dividing FTNCOCOA's market cap by their current revenue.
What is FTNCOCOA's PS Ratio?
PS Ratio	11.4x
Sales	₦637.51m
Market Cap	₦7.29b

FTNCOCOA 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	39.9x
Enterprise Value/EBITDA	26.4x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does FTNCOCOA's PS Ratio compare to its peers?

The above table shows the PS ratio for FTNCOCOA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	0.3x
NNFM Northern Nigeria Flour Mills	0.2x	n/a	₦6.0b
HONYFLOUR Honeywell Flour Mills	0.1x	n/a	₦39.5b
CADBURY Cadbury Nigeria	0.4x	26.6%	₦48.6b
UACN UAC of Nigeria	0.4x	n/a	₦67.9b
FTNCOCOA FTN Cocoa Processors	11.4x	n/a	₦7.3b

Price-To-Sales vs Peers: FTNCOCOA is expensive based on its Price-To-Sales Ratio (11.4x) compared to the peer average (0.3x).

Price to Sales Ratio vs Industry

How does FTNCOCOA's PS Ratio compare vs other companies in the African Food Industry?

9 Companies	Price / Sales	Estimated Growth	Market Cap

9 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: FTNCOCOA is expensive based on its Price-To-Sales Ratio (11.4x) compared to the African Food industry average (0.8x).

Price to Sales Ratio vs Fair Ratio

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

FTNCOCOA PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	11.4x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate FTNCOCOA's Price-To-Sales 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.

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