| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 1/6 |
| Dividends | 0/6 |
MORISON Overview
Morison Industries Plc produces and markets pharmaceuticals and various disinfectants hygiene products.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₦1.89 |
| 52 Week High | ₦0.49 |
| 52 Week Low | ₦2.10 |
| Beta | -0.52 |
| 1 Month Change | -10.00% |
| 3 Month Change | 35.00% |
| 1 Year Change | 215.00% |
| 3 Year Change | 243.64% |
| 5 Year Change | 14.55% |
| Change since IPO | 5.35% |
Recent News & Updates
Shareholder Returns
| MORISON | NG Household Products | NG Market | |
|---|---|---|---|
| 7D | 0% | -0.04% | 1.4% |
| 1Y | 215.0% | -5.8% | 41.3% |
Return vs Industry: MORISON exceeded the NG Household Products industry which returned -5.9% over the past year.
Return vs Market: MORISON exceeded the NG Market which returned 40.4% over the past year.
Price Volatility
| MORISON volatility | |
|---|---|
| MORISON Beta | -0.52 |
| Industry Beta | 0.46 |
| Market Beta | 1 |
Stable Share Price: MORISON is more volatile than 75% of NG stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: MORISON's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of NG stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1955 | 33 | Oputa Nwabueze | https://morison-industries-plc.business.site |
Morison Industries Plc produces and markets pharmaceuticals and various disinfectants hygiene products. It imports and distributes medical, surgical, and hospital equipment, as well as consumables. The company markets mosquito repellent bracelets, orthopedic consumables and implants, wound care consumables, medical supplies, and warehousing of products.
Morison Industries Fundamentals Summary
| MORISON fundamental statistics | |
|---|---|
| Market Cap | ₦1.87b |
| Earnings (TTM) | -₦110.61m |
| Revenue (TTM) | ₦127.02m |
14.7x
P/S Ratio-16.9x
P/E RatioIs MORISON overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MORISON income statement (TTM) | |
|---|---|
| Revenue | ₦127.02m |
| Cost of Revenue | ₦114.99m |
| Gross Profit | ₦12.03m |
| Expenses | ₦122.64m |
| Earnings | -₦110.61m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.11 |
| Gross Margin | 9.47% |
| Net Profit Margin | -87.08% |
| Debt/Equity Ratio | 1,225.8% |
How did MORISON perform over the long term?
See historical performance and comparisonValuation
Is Morison Industries undervalued compared to its fair value and its price relative to the market?
369.86x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate MORISON's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate MORISON's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: MORISON is unprofitable, so we can't compare its PE Ratio to the Global Household Products industry average.
PE vs Market: MORISON is unprofitable, so we can't compare its PE Ratio to the NG market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MORISON's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MORISON is overvalued based on its PB Ratio (369.9x) compared to the XX Household Products industry average (2.3x).
Future Growth
How is Morison Industries forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
11.9%
Forecasted Household 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 Morison Industries 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 Morison Industries performed over the past 5 years?
4.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MORISON is currently unprofitable.
Growing Profit Margin: MORISON is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: MORISON is unprofitable, but has reduced losses over the past 5 years at a rate of 4.6% per year.
Accelerating Growth: Unable to compare MORISON's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MORISON is unprofitable, making it difficult to compare its past year earnings growth to the Household Products industry (6.8%).
Return on Equity
High ROE: MORISON has a negative Return on Equity (-2186.89%), as it is currently unprofitable.
Financial Health
How is Morison Industries's financial position?
Financial Position Analysis
Short Term Liabilities: MORISON's short term assets (NGN100.6M) do not cover its short term liabilities (NGN313.0M).
Long Term Liabilities: MORISON's short term assets (NGN100.6M) exceed its long term liabilities (NGN60.3M).
Debt to Equity History and Analysis
Debt Level: MORISON's debt to equity ratio (1225.8%) is considered high.
Reducing Debt: MORISON's debt to equity ratio has increased from 24.8% to 1225.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: MORISON has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: MORISON has less than a year of cash runway if free cash flow continues to grow at historical rates of 7.9% each year.
Dividend
What is Morison Industries's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MORISON's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MORISON'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 MORISON's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MORISON'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 MORISON'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?
5.3yrs
Average board tenure
CEO
Oputa Nwabueze
no data
Tenure
Mr. Oputa Nwabueze serves as Managing Director of Morison Industries Plc and has been its Director since October 02, 2015. He holds a bachelor of Pharmacy degree from the University of Nigeria, Nsukka in...
Board Members
Experienced Board: MORISON's board of directors are considered experienced (5.3 years average tenure).
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
Morison Industries Plc's employee growth, exchange listings and data sources
Key Information
- Name: Morison Industries Plc
- Ticker: MORISON
- Exchange: NGSE
- Founded: 1955
- Industry: Household Products
- Sector: Household
- Market Cap: ₦1.870b
- Shares outstanding: 989.16m
- Website: https://morison-industries-plc.business.site
Number of Employees
Location
- Morison Industries Plc
- 28/30, Morison Crescent
- Oregun Industrial Area
- Lagos
- Nigeria
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/21 20:59 |
| End of Day Share Price | 2021/10/21 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.