Honeywell Flour Mills Plc

NGSE:HONYFLOUR Stock Report

Mkt Cap: ₦17.7b

We’ve recently updated our valuation analysis.

Honeywell Flour Mills Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

HONYFLOUR 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/Revenue0.5x
Enterprise Value/EBITDA10.9x
PEG Ration/a

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for HONYFLOUR vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average0.4x
CADBURY Cadbury Nigeria
0.4xn/a₦23.1b
UACN UAC of Nigeria
0.3xn/a₦28.7b
NASCON Nascon Allied Industries
0.9x21.1%₦28.9b
FLOURMILL Flour Mills of Nigeria
0.08x7.5%₦122.8b
HONYFLOUR Honeywell Flour Mills
0.1xn/a₦17.7b

Price-To-Sales vs Peers: HONYFLOUR is good value based on its Price-To-Sales Ratio (0.1x) compared to the peer average (0.4x).


Price to Earnings Ratio vs Industry

How does HONYFLOUR's PE Ratio compare vs other companies in the African Food Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a14.5%
n/an/an/a

Price-To-Sales vs Industry: HONYFLOUR is good value based on its Price-To-Sales Ratio (0.1x) compared to the African Food industry average (0.8x)


Price to Sales Ratio vs Fair Ratio

What is HONYFLOUR'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.

HONYFLOUR PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.1x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate HONYFLOUR's Price-To-Sales Fair Ratio for valuation analysis.


Share Price vs Fair Value

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

Below Fair Value: HONYFLOUR (NGN2.23) is trading above our estimate of fair value (NGN0.69)

Significantly Below Fair Value: HONYFLOUR is trading above our estimate of fair value.


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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