| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 3/6 |
| Dividends | 2/6 |
MCNICHOLS Overview
McNichols PLC manufactures and sells food and beverage products.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₦0.77 |
| 52 Week High | ₦0.51 |
| 52 Week Low | ₦0.80 |
| Beta | 0.18 |
| 1 Month Change | 0% |
| 3 Month Change | 0% |
| 1 Year Change | 63.83% |
| 3 Year Change | 87.81% |
| 5 Year Change | -40.31% |
| Change since IPO | -8.66% |
Recent News & Updates
Shareholder Returns
| MCNICHOLS | NG Food | NG Market | |
|---|---|---|---|
| 7D | 0% | -2.6% | 1.4% |
| 1Y | 63.8% | 26.0% | 41.3% |
Return vs Industry: MCNICHOLS exceeded the NG Food industry which returned 26.2% over the past year.
Return vs Market: MCNICHOLS exceeded the NG Market which returned 40.4% over the past year.
Price Volatility
| MCNICHOLS volatility | |
|---|---|
| MCNICHOLS Beta | 0.18 |
| Industry Beta | 0.84 |
| Market Beta | 1 |
Stable Share Price: MCNICHOLS is less volatile than 75% of NG stocks over the past 3 months, typically moving +/- 0% a week.
Volatility Over Time: MCNICHOLS's weekly volatility (0%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2004 | 71 | Chimaraoke Ekpe | https://mcnicholsplc.com |
McNichols PLC manufactures and sells food and beverage products. It operates through Food Products and Beverages segments. The Food Products segment produces and sells custard products, farm products, and pancake house foods.
McNichols Fundamentals Summary
| MCNICHOLS fundamental statistics | |
|---|---|
| Market Cap | ₦251.56m |
| Earnings (TTM) | ₦18.84m |
| Revenue (TTM) | ₦776.18m |
13.4x
P/E Ratio0.3x
P/S RatioIs MCNICHOLS overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MCNICHOLS income statement (TTM) | |
|---|---|
| Revenue | ₦776.18m |
| Cost of Revenue | ₦645.31m |
| Gross Profit | ₦130.87m |
| Expenses | ₦112.03m |
| Earnings | ₦18.84m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.058 |
| Gross Margin | 16.86% |
| Net Profit Margin | 2.43% |
| Debt/Equity Ratio | 45.0% |
How did MCNICHOLS perform over the long term?
See historical performance and comparisonDividends
3.9%
Current Dividend Yield52%
Payout RatioValuation
Is McNichols undervalued compared to its fair value and its price relative to the market?
13.35x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: MCNICHOLS (NGN0.77) is trading above our estimate of fair value (NGN0.42)
Significantly Below Fair Value: MCNICHOLS is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MCNICHOLS is poor value based on its PE Ratio (13.4x) compared to the NG Food industry average (11.3x).
PE vs Market: MCNICHOLS is poor value based on its PE Ratio (13.4x) compared to the NG market (7.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MCNICHOLS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MCNICHOLS is good value based on its PB Ratio (0.7x) compared to the NG Food industry average (1.2x).
Future Growth
How is McNichols 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 McNichols 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 McNichols performed over the past 5 years?
-33.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MCNICHOLS has high quality earnings.
Growing Profit Margin: MCNICHOLS's current net profit margins (2.4%) are lower than last year (2.7%).
Past Earnings Growth Analysis
Earnings Trend: MCNICHOLS's earnings have declined by 33.9% per year over the past 5 years.
Accelerating Growth: MCNICHOLS's earnings growth over the past year (16.2%) exceeds its 5-year average (-33.9% per year).
Earnings vs Industry: MCNICHOLS earnings growth over the past year (16.2%) underperformed the Food industry 34.1%.
Return on Equity
High ROE: MCNICHOLS's Return on Equity (5.1%) is considered low.
Financial Health
How is McNichols's financial position?
Financial Position Analysis
Short Term Liabilities: MCNICHOLS's short term assets (NGN335.2M) exceed its short term liabilities (NGN78.2M).
Long Term Liabilities: MCNICHOLS's short term assets (NGN335.2M) exceed its long term liabilities (NGN237.1M).
Debt to Equity History and Analysis
Debt Level: MCNICHOLS's debt to equity ratio (45%) is considered high.
Reducing Debt: MCNICHOLS's debt to equity ratio has increased from 4.6% to 45% over the past 5 years.
Debt Coverage: MCNICHOLS's debt is well covered by operating cash flow (40.3%).
Interest Coverage: MCNICHOLS's interest payments on its debt are not well covered by EBIT (2.8x coverage).
Balance Sheet
Dividend
What is McNichols's current dividend yield, its reliability and sustainability?
3.90%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MCNICHOLS's dividend (3.9%) is higher than the bottom 25% of dividend payers in the NG market (3.28%).
High Dividend: MCNICHOLS's dividend (3.9%) is low compared to the top 25% of dividend payers in the NG market (7.27%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, MCNICHOLS has been paying a dividend for less than 10 years.
Growing Dividend: MCNICHOLS has only been paying a dividend for 9 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (52.1%), MCNICHOLS's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
CEO
Chimaraoke Ekpe
no data
Tenure
Mr. Chimaraoke Ekpe serves as the Chief Executive Officer and Managing Director of McNichols PLC and serves as its Director. Mr. Ekpe has extensive experience in management consultancy, including extensive...
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
McNichols PLC's employee growth, exchange listings and data sources
Key Information
- Name: McNichols PLC
- Ticker: MCNICHOLS
- Exchange: NGSE
- Founded: 2004
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Market Cap: ₦251.559m
- Shares outstanding: 326.70m
- Website: https://mcnicholsplc.com
Number of Employees
Location
- McNichols PLC
- No 7 Jeminat Laalu Street
- Near Journalist Estate.KM 32
- Lagos
- Nigeria
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/21 21:03 |
| End of Day Share Price | 2021/10/21 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.