company background image
UNIO

Union Dicon SaltNGSE:UNIONDICON Stock Report

Market Cap

₦2.7b

7D

0%

1Y

-9.6%

Updated

26 Oct, 2021

Data

Company Financials
UNIONDICON fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance3/6
Financial Health3/6
Dividends0/6

UNIONDICON Overview

Union Dicon Salt Plc processes and markets crude salt.

Price History & Performance

Summary of all time highs, changes and price drops for Union Dicon Salt
Historical stock prices
Current Share Price₦9.90
52 Week High₦9.90
52 Week Low₦9.90
Beta0.0071
1 Month Change0%
3 Month Change0%
1 Year Change-9.59%
3 Year Change-26.39%
5 Year Change-39.96%
Change since IPO-51.25%

Recent News & Updates

Shareholder Returns

UNIONDICONNG FoodNG Market
7D0%0.07%1.5%
1Y-9.6%25.6%40.2%

Return vs Industry: UNIONDICON underperformed the NG Food industry which returned 25.6% over the past year.

Return vs Market: UNIONDICON underperformed the NG Market which returned 40.2% over the past year.

Price Volatility

Is UNIONDICON's price volatile compared to industry and market?
UNIONDICON volatility
UNIONDICON Beta0.0071
Industry Beta0.84
Market Beta1

Stable Share Price: UNIONDICON is less volatile than 75% of NG stocks over the past 3 months, typically moving +/- 0% a week.

Volatility Over Time: UNIONDICON's weekly volatility (0%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/an/aBex Nwawuduhttps://uniondiconsaltplc.com

Union Dicon Salt Plc processes and markets crude salt. It caters to industrial and agricultural sectors. The company is based in Lagos, Nigeria.

Union Dicon Salt Fundamentals Summary

How do Union Dicon Salt's earnings and revenue compare to its market cap?
UNIONDICON fundamental statistics
Market Cap₦2.71b
Earnings (TTM)₦682.34m
Revenue (TTM)n/a

4.0x

P/E Ratio

0x

P/S Ratio

Is UNIONDICON overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
UNIONDICON income statement (TTM)
Revenue₦0
Cost of Revenue₦1.33m
Gross Profit-₦1.33m
Expenses-₦683.67m
Earnings₦682.34m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)2.50
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did UNIONDICON perform over the long term?

See historical performance and comparison

Valuation

Is Union Dicon Salt undervalued compared to its fair value and its price relative to the market?

3.97x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: UNIONDICON (NGN9.9) is trading above our estimate of fair value (NGN0.03)

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


Price To Earnings Ratio

PE vs Industry: UNIONDICON is good value based on its PE Ratio (4x) compared to the NG Food industry average (11.4x).

PE vs Market: UNIONDICON is good value based on its PE Ratio (4x) compared to the NG market (7.3x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate UNIONDICON's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: UNIONDICON has negative assets, so we can't compare its PB Ratio to the NG Food industry average.


Future Growth

How is Union Dicon Salt forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

10.8%

Forecasted Food, Beverage & Tobacco industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Union Dicon Salt has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Union Dicon Salt performed over the past 5 years?

83.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: UNIONDICON has high quality earnings.

Growing Profit Margin: UNIONDICON became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: UNIONDICON has become profitable over the past 5 years, growing earnings by 83.8% per year.

Accelerating Growth: UNIONDICON has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: UNIONDICON has become profitable in the last year, making it difficult to compare its past year earnings growth to the Food industry (34.1%).


Return on Equity

High ROE: UNIONDICON's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Financial Health

How is Union Dicon Salt's financial position?


Financial Position Analysis

Short Term Liabilities: UNIONDICON has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: UNIONDICON has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: UNIONDICON is debt free.

Reducing Debt: UNIONDICON's has negative shareholder equity, so we do not need to check if its debt has reduced over time.

Debt Coverage: UNIONDICON has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: UNIONDICON has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Union Dicon Salt current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate UNIONDICON's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate UNIONDICON's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if UNIONDICON's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if UNIONDICON's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of UNIONDICON's dividend in 3 years as they are not forecast to pay a notable one for the NG market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

Bex Nwawudu

no data

Tenure

Mr. Bekuochi Nwawudu, also known as Bex, is a Managing Partner and Co-Founder at CBO Investment Management. Mr. Nwawudu is responsible for oversight of the firm's management and investment activities. Mr....


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Union Dicon Salt Plc's employee growth, exchange listings and data sources


Key Information

  • Name: Union Dicon Salt Plc
  • Ticker: UNIONDICON
  • Exchange: NGSE
  • Founded: NaN
  • Industry: Agricultural Products
  • Sector: Food, Beverage & Tobacco
  • Market Cap: ₦2.706b
  • Shares outstanding: 273.35m
  • Website: https://uniondiconsaltplc.com

Location

  • Union Dicon Salt Plc
  • Kirikiri Lighter Terminal
  • Phase 2
  • Lagos
  • Nigeria

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/26 15:21
End of Day Share Price2021/10/25 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.