The Okomu Oil Palm Company Plc

NGSE:OKOMUOIL Stock Report

Market Cap: ₦350.1b

Okomu Oil Palm Valuation

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

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: OKOMUOIL (NGN367) is trading above our estimate of fair value (NGN108.85)

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


Key Valuation Metric

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

Key metric: As OKOMUOIL is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for OKOMUOIL. This is calculated by dividing OKOMUOIL's market cap by their current earnings.
What is OKOMUOIL's PE Ratio?
PE Ratio12.5x
Earnings₦28.06b
Market Cap₦350.08b

Price to Earnings Ratio vs Peers

How does OKOMUOIL's PE Ratio compare to its peers?

The above table shows the PE ratio for OKOMUOIL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average9.4x
PRESCO Presco
7.6x40.2%₦465.0b
LIVESTOCK Livestock Feeds
10.7xn/a₦12.3b
FLOURMILL Flour Mills of Nigeria
11.8x1.7%₦335.4b
NASCON Nascon Allied Industries
7.5x19.5%₦87.6b
OKOMUOIL Okomu Oil Palm
12.5xn/a₦350.1b

Price-To-Earnings vs Peers: OKOMUOIL is expensive based on its Price-To-Earnings Ratio (12.5x) compared to the peer average (9.4x).


Price to Earnings Ratio vs Industry

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

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
OKOMUOIL 12.5xIndustry Avg. 10.6xNo. of Companies11PE0816243240+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: OKOMUOIL is expensive based on its Price-To-Earnings Ratio (12.5x) compared to the African Food industry average (10.6x).


Price to Earnings Ratio vs Fair Ratio

What is OKOMUOIL's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

OKOMUOIL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio12.5x
Fair PE Ration/a

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


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst OKOMUOIL forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₦367.00
₦331.58
-9.7%
12.8%₦391.30₦296.45n/a3
Dec ’25₦336.10
₦319.92
-4.8%
16.1%₦391.30₦272.00n/a3
Nov ’25₦338.10
₦302.28
-10.6%
9.1%₦338.39₦272.00n/a3
Oct ’25₦363.00
₦302.28
-16.7%
9.1%₦338.39₦272.00n/a3
Sep ’25₦417.70
₦264.17
-36.8%
2.3%₦272.00₦256.95n/a3
Aug ’25₦292.00
₦264.17
-9.5%
2.3%₦272.00₦256.95n/a3
Jul ’25₦291.50
₦264.17
-9.4%
2.3%₦272.00₦256.95n/a3
Jun ’25₦255.70
₦264.17
+3.3%
2.3%₦272.00₦256.95n/a3
May ’25₦232.50
₦272.43
+17.2%
0.2%₦272.85₦272.00n/a2
Apr ’25₦243.00
₦272.43
+12.1%
0.2%₦272.85₦272.00n/a2
Mar ’25₦243.00
₦272.43
+12.1%
0.2%₦272.85₦272.00n/a2
Feb ’25₦270.00
₦272.43
+0.9%
0.2%₦272.85₦272.00n/a2
Jan ’25₦260.00
₦235.24
-9.5%
15.2%₦271.00₦199.48n/a2
Dec ’24₦240.00
₦230.16
-4.1%
13.1%₦271.00₦199.48₦336.103
Nov ’24₦236.80
₦230.16
-2.8%
13.1%₦271.00₦199.48₦338.103
Oct ’24₦263.00
₦230.16
-12.5%
13.1%₦271.00₦199.48₦363.003
Sep ’24₦250.00
₦230.16
-7.9%
13.1%₦271.00₦199.48₦417.703
Aug ’24₦265.00
₦230.16
-13.1%
13.1%₦271.00₦199.48₦292.003
Jul ’24₦235.00
₦209.74
-10.7%
4.9%₦220.00₦199.48₦291.502
Jun ’24₦199.00
₦209.74
+5.4%
4.9%₦220.00₦199.48₦255.702
May ’24₦171.50
₦214.70
+25.2%
4.8%₦225.00₦204.40₦232.502
Apr ’24₦183.50
₦214.70
+17.0%
4.8%₦225.00₦204.40₦243.002
Mar ’24₦181.20
₦200.47
+10.6%
10.9%₦225.00₦172.00₦243.003
Feb ’24₦181.10
₦205.28
+13.4%
10.1%₦225.00₦172.00₦270.004
Jan ’24₦165.00
₦197.35
+19.6%
12.7%₦225.00₦172.00₦260.004
Dec ’23₦167.50
₦184.52
+10.2%
9.8%₦219.73₦172.00₦240.005

Analyst Forecast: Target price is lower than the current share price.


Discover undervalued companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 05:40
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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

The Okomu Oil Palm Company Plc is covered by 6 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullARM Research
Olufemi AdemolaBGL Research
Omotayo OyegunleCSL Stockbrokers Ltd