Beta Glass Plc manufactures, distributes, and sells glassware in Nigeria.
Price History & Performance
|Historical stock prices|
|Current Share Price||₦52.95|
|52 Week High||₦50.00|
|52 Week Low||₦54.00|
|1 Month Change||0%|
|3 Month Change||0%|
|1 Year Change||-4.42%|
|3 Year Change||-24.57%|
|5 Year Change||70.81%|
|Change since IPO||1,501.74%|
Recent News & Updates
|BETAGLAS||NG Packaging||NG Market|
Return vs Industry: BETAGLAS underperformed the NG Packaging industry which returned 111.6% over the past year.
Return vs Market: BETAGLAS underperformed the NG Market which returned 40% over the past year.
Stable Share Price: BETAGLAS is less volatile than 75% of NG stocks over the past 3 months, typically moving +/- 0% a week.
Volatility Over Time: BETAGLAS's weekly volatility (0%) has been stable over the past year.
About the Company
Beta Glass Plc manufactures, distributes, and sells glassware in Nigeria. It provides glass bottles and containers for soft drinks, breweries, wine and spirit, pharmaceutical, foods, and cosmetics companies. The company also exports its products to Cameroun, Ghana, Liberia, Sierra-leone, and Guinea.
Beta Glass Fundamentals Summary
|BETAGLAS fundamental statistics|
Is BETAGLAS overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|BETAGLAS income statement (TTM)|
|Cost of Revenue||₦21.22b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||9.91|
|Net Profit Margin||16.59%|
How did BETAGLAS perform over the long term?See historical performance and comparison
2.0%Current Dividend Yield
Is Beta Glass 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: BETAGLAS (NGN52.95) is trading above our estimate of fair value (NGN12.16)
Significantly Below Fair Value: BETAGLAS is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: BETAGLAS is good value based on its PE Ratio (5.3x) compared to the African Packaging industry average (9.8x).
PE vs Market: BETAGLAS is good value based on its PE Ratio (5.3x) compared to the NG market (7.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BETAGLAS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BETAGLAS is good value based on its PB Ratio (0.7x) compared to the XF Packaging industry average (1.3x).
How is Beta Glass 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 Beta Glass 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 Beta Glass performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BETAGLAS has high quality earnings.
Growing Profit Margin: BETAGLAS's current net profit margins (16.6%) are lower than last year (17.4%).
Past Earnings Growth Analysis
Earnings Trend: BETAGLAS's earnings have grown by 5.2% per year over the past 5 years.
Accelerating Growth: BETAGLAS's earnings growth over the past year (8.3%) exceeds its 5-year average (5.2% per year).
Earnings vs Industry: BETAGLAS earnings growth over the past year (8.3%) exceeded the Packaging industry 6.7%.
Return on Equity
High ROE: BETAGLAS's Return on Equity (12.4%) is considered low.
How is Beta Glass's financial position?
Financial Position Analysis
Short Term Liabilities: BETAGLAS's short term assets (NGN36.6B) exceed its short term liabilities (NGN16.9B).
Long Term Liabilities: BETAGLAS's short term assets (NGN36.6B) exceed its long term liabilities (NGN2.0B).
Debt to Equity History and Analysis
Debt Level: BETAGLAS's debt to equity ratio (10.3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if BETAGLAS's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: BETAGLAS's debt is well covered by operating cash flow (113.7%).
Interest Coverage: BETAGLAS earns more interest than it pays, so coverage of interest payments is not a concern.
What is Beta Glass's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BETAGLAS's dividend (1.96%) isn’t notable compared to the bottom 25% of dividend payers in the NG market (3.3%).
High Dividend: BETAGLAS's dividend (1.96%) is low compared to the top 25% of dividend payers in the NG market (7.31%).
Stability and Growth of Payments
Stable Dividend: BETAGLAS's dividend payments have been volatile in the past 10 years.
Growing Dividend: BETAGLAS's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (10.5%), BETAGLAS's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Darren Bennett-Voci has been Glass Division Director of Frigoglass SAIC since March 2016. Mr. Bennett-Voci has been Managing Director of Beta Glass Plc since April 1, 2016. Mr. Bennett-Voci has been Di...
Experienced Board: BETAGLAS's board of directors are considered experienced (5.6 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.
Beta Glass Plc's employee growth, exchange listings and data sources
- Name: Beta Glass Plc
- Ticker: BETAGLAS
- Exchange: NGSE
- Founded: NaN
- Industry: Metal and Glass Containers
- Sector: Materials
- Market Cap: ₦26.474b
- Shares outstanding: 499.97m
- Website: https://www.frigoglass.com/beta-glass-investors/
Number of Employees
- Beta Glass Plc
- Iddo House
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/17 15:21|
|End of Day Share Price||2021/10/15 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.