Aluminium Extrusion Industries Plc manufactures and sells aluminum extruded profiles, billets, and roofing sheets.
Price History & Performance
|Historical stock prices|
|Current Share Price||₦7.20|
|52 Week High||₦7.30|
|52 Week Low||₦7.30|
|1 Month Change||0%|
|3 Month Change||0%|
|1 Year Change||-11.11%|
|3 Year Change||-12.20%|
|5 Year Change||-26.15%|
|Change since IPO||157.14%|
Recent News & Updates
|ALEX||NG Metals and Mining||NG Market|
Return vs Industry: ALEX underperformed the NG Metals and Mining industry which returned 5.8% over the past year.
Return vs Market: ALEX underperformed the NG Market which returned 40.2% over the past year.
Stable Share Price: ALEX is less volatile than 75% of NG stocks over the past 3 months, typically moving +/- 0% a week.
Volatility Over Time: ALEX's weekly volatility (0%) has been stable over the past year.
About the Company
Aluminium Extrusion Industries Plc manufactures and sells aluminum extruded profiles, billets, and roofing sheets. The company was incorporated in 1982 and is headquartered in Owerri, Nigeria. Aluminium Extrusion Industries Plc is a subsidiary of Tower Aluminium Nigeria Plc.
Aluminium Extrusion Industries Fundamentals Summary
|ALEX fundamental statistics|
Is ALEX overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ALEX income statement (TTM)|
|Cost of Revenue||₦2.38b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.98|
|Net Profit Margin||7.95%|
How did ALEX perform over the long term?See historical performance and comparison
Is Aluminium Extrusion Industries 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: ALEX (NGN7.2) is trading above our estimate of fair value (NGN1.54)
Significantly Below Fair Value: ALEX is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ALEX's PE Ratio (7.4x) is in line with the African Metals and Mining industry average.
PE vs Market: ALEX's PE Ratio (7.4x) is in line with the NG market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ALEX's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ALEX is good value based on its PB Ratio (0.8x) compared to the XF Metals and Mining industry average (1.7x).
How is Aluminium Extrusion Industries forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Materials 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 Aluminium Extrusion 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.
How has Aluminium Extrusion Industries performed over the past 5 years?
Last years earnings growth
Earnings and Revenue History
Quality Earnings: ALEX has high quality earnings.
Growing Profit Margin: ALEX's current net profit margins (8%) are higher than last year (2.3%).
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if ALEX's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Insufficient data to compare ALEX's past year earnings growth to its 5-year average.
Earnings vs Industry: ALEX earnings growth over the past year (323.7%) exceeded the Metals and Mining industry 212.9%.
Return on Equity
High ROE: ALEX's Return on Equity (10.3%) is considered low.
How is Aluminium Extrusion Industries's financial position?
Financial Position Analysis
Short Term Liabilities: ALEX's short term assets (NGN748.7M) exceed its short term liabilities (NGN301.0M).
Long Term Liabilities: ALEX's short term assets (NGN748.7M) exceed its long term liabilities (NGN163.2M).
Debt to Equity History and Analysis
Debt Level: ALEX's debt to equity ratio (0%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if ALEX's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ALEX's debt is well covered by operating cash flow (121896.4%).
Interest Coverage: ALEX's interest payments on its debt are well covered by EBIT (125.7x coverage).
What is Aluminium Extrusion Industries's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ALEX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ALEX'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 ALEX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ALEX'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 ALEX's dividend in 3 years as they are not forecast to pay a notable one for the NG market.
How experienced are the management team and are they aligned to shareholders interests?
G. S. Bhatia serves as the Chief Executive Officer, Managing Director and a Director at Aluminium Extrusion Industries PLC.
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.
Aluminium Extrusion Industries Plc's employee growth, exchange listings and data sources
- Name: Aluminium Extrusion Industries Plc
- Ticker: ALEX
- Exchange: NGSE
- Founded: 1982
- Industry: Aluminum
- Sector: Materials
- Market Cap: ₦1.584b
- Shares outstanding: 219.96m
- Website: https://www.alexnigeria.com
Number of Employees
- Aluminium Extrusion Industries Plc
- KM4, Atta To Amaimo Road
- Inyishi Ikeduru L.G.A
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/26 21:19|
|End of Day Share Price||2021/10/26 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.