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NNFM

Northern Nigeria Flour Mills NGSE:NNFM Stock Report

Last Price

₦8.60

Market Cap

₦1.5b

7D

0%

1Y

13.9%

Updated

17 Aug, 2022

Data

Company Financials
NNFM fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance5/6
Financial Health5/6
Dividends2/6

NNFM Stock Overview

Northern Nigeria Flour Mills Plc engages in the milling of wheat, maize, and sorghum grains in Nigeria.

Northern Nigeria Flour Mills Plc Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Northern Nigeria Flour Mills
Historical stock prices
Current Share Price₦8.60
52 Week High₦12.00
52 Week Low₦6.55
Beta0.38
1 Month Change0%
3 Month Change-28.33%
1 Year Change13.91%
3 Year Change100.00%
5 Year Change56.36%
Change since IPO141.50%

Recent News & Updates

Shareholder Returns

NNFMNG FoodNG Market
7D0%2.2%-1.1%
1Y13.9%4.3%2.0%

Return vs Industry: NNFM exceeded the NG Food industry which returned 4.5% over the past year.

Return vs Market: NNFM exceeded the NG Market which returned 2.1% over the past year.

Price Volatility

Is NNFM's price volatile compared to industry and market?
NNFM volatility
NNFM Average Weekly Movement4.8%
Food Industry Average Movement4.7%
Market Average Movement5.8%
10% most volatile stocks in NG Market9.1%
10% least volatile stocks in NG Market3.3%

Stable Share Price: NNFM is not significantly more volatile than the rest of NG stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: NNFM's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
197160Boye Olusanyahttps://nnfmplc.com/

Northern Nigeria Flour Mills Plc engages in the milling of wheat, maize, and sorghum grains in Nigeria. The company also offers fortified mixes and toll milling services, as well as research and develops ready-to-use supplementary foods. The company was incorporated in 1971 and is based in Kano, Nigeria.

Northern Nigeria Flour Mills Plc Fundamentals Summary

How do Northern Nigeria Flour Mills's earnings and revenue compare to its market cap?
NNFM fundamental statistics
Market Cap₦1.53b
Earnings (TTM)₦166.39m
Revenue (TTM)₦16.06b

9.2x

P/E Ratio

0.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NNFM income statement (TTM)
Revenue₦16.06b
Cost of Revenue₦14.98b
Gross Profit₦1.08b
Other Expenses₦913.25m
Earnings₦166.39m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.93
Gross Margin6.72%
Net Profit Margin1.04%
Debt/Equity Ratio11.1%

How did NNFM perform over the long term?

See historical performance and comparison

Dividends

2.9%

Current Dividend Yield

27%

Payout Ratio

Does NNFM pay a reliable dividends?

See NNFM dividend history and benchmarks
When do you need to buy NNFM by to receive an upcoming dividend?
Northern Nigeria Flour Mills dividend dates
Ex Dividend DateAug 24 2022
Dividend Pay DateSep 09 2022
Days until Ex dividend5 days
Days until Dividend pay date21 days

Does NNFM pay a reliable dividends?

See NNFM dividend history and benchmarks