NNFM Stock Overview
Engages in the milling of wheat, sorghum, maize, and other grains in Nigeria. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 4/6 |
| Financial Health | 6/6 |
| Dividends | 4/6 |
My Notes
Capture your thoughts, links and company narrative
Northern Nigeria Flour Mills Plc Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₦40.05 |
| 52 Week High | ₦53.65 |
| 52 Week Low | ₦31.35 |
| Beta | 0.35 |
| 1 Month Change | 18.67% |
| 3 Month Change | 13.62% |
| 1 Year Change | -11.98% |
| 3 Year Change | 400.62% |
| 5 Year Change | 831.40% |
| Change since IPO | 1,024.65% |
Recent News & Updates
Recent updates
Shareholder Returns
| NNFM | NG Food | NG Market | |
|---|---|---|---|
| 7D | 0% | 0.6% | 2.5% |
| 1Y | -12.0% | 93.9% | 51.2% |
Return vs Industry: NNFM underperformed the NG Food industry which returned 93.1% over the past year.
Return vs Market: NNFM underperformed the NG Market which returned 50.4% over the past year.
Price Volatility
| NNFM volatility | |
|---|---|
| NNFM Average Weekly Movement | 7.1% |
| Food Industry Average Movement | 5.3% |
| Market Average Movement | 6.1% |
| 10% most volatile stocks in NG Market | 8.5% |
| 10% least volatile stocks in NG Market | 3.1% |
Stable Share Price: NNFM has not had significant price volatility in the past 3 months compared to the NG market.
Volatility Over Time: NNFM's weekly volatility (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1971 | 57 | Boye Olusanya | nnfmplc.com |
Northern Nigeria Flour Mills Plc engages in the milling of wheat, sorghum, maize, and other grains in Nigeria. It offers fortified mixes and toll milling services; and research and develops ready-to-use supplementary foods, as well as sells milled flour products. The company was incorporated in 1971 and is headquartered in Kano, Nigeria.
Northern Nigeria Flour Mills Plc Fundamentals Summary
| NNFM fundamental statistics | |
|---|---|
| Market cap | ₦7.14b |
| Earnings (TTM) | ₦2.36b |
| Revenue (TTM) | ₦33.90b |
3.0x
P/E Ratio0.2x
P/S RatioIs NNFM overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NNFM income statement (TTM) | |
|---|---|
| Revenue | ₦33.90b |
| Cost of Revenue | ₦29.87b |
| Gross Profit | ₦4.03b |
| Other Expenses | ₦1.66b |
| Earnings | ₦2.36b |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 13.26 |
| Gross Margin | 11.88% |
| Net Profit Margin | 6.97% |
| Debt/Equity Ratio | 0% |
How did NNFM perform over the long term?
See historical performance and comparisonDividends
2.5%
Current Dividend Yield4%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 07:21 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Northern Nigeria Flour Mills Plc is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Robert Omotunde | Meristem Securities Limited |