UAC of Nigeria PLC, a diversified conglomerate, operates in the packaged foods and beverages, animal feeds and other edibles, real estate, paints, logistics, and quick service restaurant sectors in Nigeria.
Price History & Performance
|Historical stock prices|
|Current Share Price||₦11.00|
|52 Week High||₦6.60|
|52 Week Low||₦11.50|
|1 Month Change||10.00%|
|3 Month Change||10.00%|
|1 Year Change||57.14%|
|3 Year Change||10.00%|
|5 Year Change||-43.30%|
|Change since IPO||158.22%|
Recent News & Updates
|UACN||NG Food||NG Market|
Return vs Industry: UACN exceeded the NG Food industry which returned 26.3% over the past year.
Return vs Market: UACN exceeded the NG Market which returned 38.9% over the past year.
Stable Share Price: UACN is not significantly more volatile than the rest of NG stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: UACN's weekly volatility (6%) has been stable over the past year.
About the Company
UAC of Nigeria PLC, a diversified conglomerate, operates in the packaged foods and beverages, animal feeds and other edibles, real estate, paints, logistics, and quick service restaurant sectors in Nigeria. It manufactures and sells livestock feeds, edible oils, bottled water, snacks, and ice-creams; and paints and other decorative products. The company also offers logistics and supply chain services, including warehousing, transportation, and redistribution.
UAC of Nigeria Fundamentals Summary
|UACN fundamental statistics|
Is UACN overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|UACN income statement (TTM)|
|Cost of Revenue||₦73.90b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Oct 29, 2021
|Earnings per share (EPS)||0.82|
|Net Profit Margin||2.58%|
How did UACN perform over the long term?See historical performance and comparison
5.9%Current Dividend Yield
Is UAC of Nigeria undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: UACN (NGN11) is trading above our estimate of fair value (NGN5.41)
Significantly Below Fair Value: UACN is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: UACN is poor value based on its PE Ratio (13.5x) compared to the NG Food industry average (11.3x).
PE vs Market: UACN is poor value based on its PE Ratio (13.5x) compared to the NG market (7.4x).
Price to Earnings Growth Ratio
PEG Ratio: UACN is good value based on its PEG Ratio (0.5x)
Price to Book Ratio
PB vs Industry: UACN is good value based on its PB Ratio (0.6x) compared to the NG Food industry average (1.3x).
How is UAC of Nigeria forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: UACN's forecast earnings growth (24.6% per year) is above the savings rate (13.2%).
Earnings vs Market: UACN's earnings (24.6% per year) are forecast to grow faster than the NG market (15.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: UACN's revenue (6.2% per year) is forecast to grow slower than the NG market (10.4% per year).
High Growth Revenue: UACN's revenue (6.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: UACN's Return on Equity is forecast to be low in 3 years time (8%).
How has UAC of Nigeria performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: UACN has a high level of non-cash earnings.
Growing Profit Margin: UACN's current net profit margins (2.6%) are lower than last year (8.8%).
Past Earnings Growth Analysis
Earnings Trend: UACN's earnings have grown by 7.2% per year over the past 5 years.
Accelerating Growth: UACN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: UACN had negative earnings growth (-65.9%) over the past year, making it difficult to compare to the Food industry average (34.1%).
Return on Equity
High ROE: UACN's Return on Equity (6.9%) is considered low.
How is UAC of Nigeria's financial position?
Financial Position Analysis
Short Term Liabilities: UACN's short term assets (NGN63.4B) exceed its short term liabilities (NGN36.9B).
Long Term Liabilities: UACN's short term assets (NGN63.4B) exceed its long term liabilities (NGN6.5B).
Debt to Equity History and Analysis
Debt Level: UACN's debt to equity ratio (30%) is considered satisfactory.
Reducing Debt: UACN's debt to equity ratio has reduced from 38.7% to 30% over the past 5 years.
Debt Coverage: UACN's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: UACN earns more interest than it pays, so coverage of interest payments is not a concern.
What is UAC of Nigeria current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: UACN's dividend (5.91%) is higher than the bottom 25% of dividend payers in the NG market (3.25%).
High Dividend: UACN's dividend (5.91%) is low compared to the top 25% of dividend payers in the NG market (7.24%).
Stability and Growth of Payments
Stable Dividend: UACN's dividend payments have been volatile in the past 10 years.
Growing Dividend: UACN's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (82.5%), UACN's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: UACN's dividends in 3 years are forecast to be well covered by earnings (40.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Fola Aiyesimoju (40 yo)
Mr. Folasope Babasola Aiyesimoju, also known as Fola, serves as Non-Executive Director at UACN Property Development Company Plc. He serves as Non-Executive Director at UAC of Nigeria PLC, since March 28, 2...
Experienced Management: UACN's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Experienced Board: UACN's board of directors are considered experienced (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.
UAC of Nigeria PLC's employee growth, exchange listings and data sources
- Name: UAC of Nigeria PLC
- Ticker: UACN
- Exchange: NGSE
- Founded: 1879
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Market Cap: ₦31.694b
- Shares outstanding: 2.88b
- Website: https://www.uacnplc.com
Number of Employees
- UAC of Nigeria PLC
- UAC House
- 1-5 Odunlami Street
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/19 15:21|
|End of Day Share Price||2021/10/18 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.