The Okomu Oil Palm Company Plc engages in the cultivation and plantation of oil palm and rubber in Nigeria.
Price History & Performance
|Historical stock prices|
|Current Share Price||₦125.00|
|52 Week High||₦85.00|
|52 Week Low||₦125.00|
|1 Month Change||13.64%|
|3 Month Change||13.64%|
|1 Year Change||56.25%|
|3 Year Change||56.64%|
|5 Year Change||212.50%|
|Change since IPO||5,002.11%|
Recent News & Updates
|OKOMUOIL||NG Food||NG Market|
Return vs Industry: OKOMUOIL exceeded the NG Food industry which returned 31.1% over the past year.
Return vs Market: OKOMUOIL exceeded the NG Market which returned 40.6% over the past year.
Stable Share Price: OKOMUOIL is not significantly more volatile than the rest of NG stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: OKOMUOIL's weekly volatility (3%) has been stable over the past year.
About the Company
The Okomu Oil Palm Company Plc engages in the cultivation and plantation of oil palm and rubber in Nigeria. It processes fresh fruit bunches into crude palm oil for resale; and rubber lumps to rubber cake for export. The company offers crude palm oil, palm kernel oil, palm kernel cake, and banga oil, as well as rubber products.
Okomu Oil Palm Fundamentals Summary
|OKOMUOIL fundamental statistics|
Is OKOMUOIL overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|OKOMUOIL income statement (TTM)|
|Cost of Revenue||₦6.03b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||13.95|
|Net Profit Margin||37.41%|
How did OKOMUOIL perform over the long term?See historical performance and comparison
5.6%Current Dividend Yield
Is Okomu Oil Palm undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: OKOMUOIL (NGN125) is trading below our estimate of fair value (NGN136.8)
Significantly Below Fair Value: OKOMUOIL is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: OKOMUOIL is good value based on its PE Ratio (9x) compared to the NG Food industry average (11.2x).
PE vs Market: OKOMUOIL is poor value based on its PE Ratio (9x) compared to the NG market (7.4x).
Price to Earnings Growth Ratio
PEG Ratio: OKOMUOIL is poor value based on its PEG Ratio (1.2x)
Price to Book Ratio
PB vs Industry: OKOMUOIL is overvalued based on its PB Ratio (3.2x) compared to the NG Food industry average (1.3x).
How is Okomu Oil Palm forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: OKOMUOIL's forecast earnings growth (7.2% per year) is below the savings rate (13.2%).
Earnings vs Market: OKOMUOIL's earnings (7.2% per year) are forecast to grow slower than the NG market (15.2% per year).
High Growth Earnings: OKOMUOIL's earnings are forecast to grow, but not significantly.
Revenue vs Market: OKOMUOIL's revenue (6.1% per year) is forecast to grow slower than the NG market (10.7% per year).
High Growth Revenue: OKOMUOIL's revenue (6.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: OKOMUOIL's Return on Equity is forecast to be high in 3 years time (26.4%)
How has Okomu Oil Palm performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: OKOMUOIL has high quality earnings.
Growing Profit Margin: OKOMUOIL's current net profit margins (37.4%) are higher than last year (24.7%).
Past Earnings Growth Analysis
Earnings Trend: OKOMUOIL's earnings have grown by 8% per year over the past 5 years.
Accelerating Growth: OKOMUOIL's earnings growth over the past year (103.9%) exceeds its 5-year average (8% per year).
Earnings vs Industry: OKOMUOIL earnings growth over the past year (103.9%) exceeded the Food industry 34.1%.
Return on Equity
High ROE: OKOMUOIL's Return on Equity (35.2%) is considered high.
How is Okomu Oil Palm's financial position?
Financial Position Analysis
Short Term Liabilities: OKOMUOIL's short term assets (NGN19.4B) exceed its short term liabilities (NGN8.4B).
Long Term Liabilities: OKOMUOIL's short term assets (NGN19.4B) exceed its long term liabilities (NGN14.0B).
Debt to Equity History and Analysis
Debt Level: OKOMUOIL's debt to equity ratio (29.4%) is considered satisfactory.
Reducing Debt: OKOMUOIL's debt to equity ratio has increased from 18.9% to 29.4% over the past 5 years.
Debt Coverage: OKOMUOIL's debt is well covered by operating cash flow (168.5%).
Interest Coverage: OKOMUOIL earns more interest than it pays, so coverage of interest payments is not a concern.
What is Okomu Oil Palm current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: OKOMUOIL's dividend (5.6%) is higher than the bottom 25% of dividend payers in the NG market (3.16%).
High Dividend: OKOMUOIL's dividend (5.6%) is low compared to the top 25% of dividend payers in the NG market (7.38%).
Stability and Growth of Payments
Stable Dividend: OKOMUOIL's dividend payments have been volatile in the past 10 years.
Growing Dividend: OKOMUOIL's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (50.2%), OKOMUOIL's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: OKOMUOIL's dividends in 3 years are forecast to be covered by earnings (66.8% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Dr. Graham D. Hefer serves as the Managing Director of The Okomu Oil Palm Company Plc and has been its Executive Director since December 2007. Dr. Hefer serves as an Agricultural director of Tongaat Cotton...
Experienced Board: OKOMUOIL's board of directors are seasoned and experienced ( 10.3 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
The Okomu Oil Palm Company Plc's employee growth, exchange listings and data sources
- Name: The Okomu Oil Palm Company Plc
- Ticker: OKOMUOIL
- Exchange: NGSE
- Founded: 1976
- Industry: Agricultural Products
- Sector: Food, Beverage & Tobacco
- Market Cap: ₦119.239b
- Shares outstanding: 953.91m
- Website: https://www.okomunigeria.com
Number of Employees
- The Okomu Oil Palm Company Plc
- Okomu Oil Palm Estate
- Benin City
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/15 22:42|
|End of Day Share Price||2021/10/15 00:00|
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.