BETAGLAS Stock Overview
Beta Glass Plc manufactures, distributes, and sells glassware in Nigeria.
Beta Glass Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||₦46.10|
|52 Week High||₦52.12|
|52 Week Low||₦46.10|
|1 Month Change||-9.96%|
|3 Month Change||-9.96%|
|1 Year Change||4.48%|
|3 Year Change||2.83%|
|5 Year Change||-2.69%|
|Change since IPO||1,573.44%|
Recent News & Updates
|BETAGLAS||NG Packaging||NG Market|
Return vs Industry: BETAGLAS exceeded the NG Packaging industry which returned -7.9% over the past year.
Return vs Market: BETAGLAS exceeded the NG Market which returned -1.9% over the past year.
|BETAGLAS Average Weekly Movement||2.8%|
|Packaging Industry Average Movement||6.0%|
|Market Average Movement||5.2%|
|10% most volatile stocks in NG Market||8.3%|
|10% least volatile stocks in NG Market||2.8%|
Stable Share Price: BETAGLAS is less volatile than 75% of NG stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: BETAGLAS's weekly volatility (3%) 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. It 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||₦34.68b|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||8.70|
|Net Profit Margin||11.70%|
How did BETAGLAS perform over the long term?See historical performance and comparison
2.0%Current Dividend Yield
Is BETAGLAS undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 2/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for BETAGLAS?
Other financial metrics that can be useful for relative valuation.
|What is BETAGLAS's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does BETAGLAS's PE Ratio compare to its peers?
|BETAGLAS PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
CAP Chemical and Allied Products
8411 Kingcan Holdings
A049830 Seung Il
PABC Pakistan Aluminium Beverage Cans
BETAGLAS Beta Glass
Price-To-Earnings vs Peers: BETAGLAS is good value based on its Price-To-Earnings Ratio (5.3x) compared to the peer average (15.7x).
Price to Earnings Ratio vs Industry
How does BETAGLAS's PE Ratio compare vs other companies in the Global Packaging Industry?
Price-To-Earnings vs Industry: BETAGLAS is good value based on its Price-To-Earnings Ratio (5.3x) compared to the Global Packaging industry average (13.4x)
Price to Earnings Ratio vs Fair Ratio
What is BETAGLAS's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||5.3x|
|Fair PE Ratio||n/a|
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate BETAGLAS's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of BETAGLAS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: BETAGLAS (NGN46.1) is trading above our estimate of fair value (NGN9.85)
Significantly Below Fair Value: BETAGLAS is trading above our estimate of fair value.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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How is Beta Glass forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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.
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- Examine Beta Glass's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
How has Beta Glass performed over the past 5 years?
Past Performance Score3/6
Past Performance Score 3/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BETAGLAS has high quality earnings.
Growing Profit Margin: BETAGLAS's current net profit margins (11.7%) are lower than last year (16.6%).
Past Earnings Growth Analysis
Earnings Trend: BETAGLAS's earnings have grown by 3.2% per year over the past 5 years.
Accelerating Growth: BETAGLAS's earnings growth over the past year (5.3%) exceeds its 5-year average (3.2% per year).
Earnings vs Industry: BETAGLAS earnings growth over the past year (5.3%) underperformed the Packaging industry 34%.
Return on Equity
High ROE: BETAGLAS's Return on Equity (11.7%) is considered low.
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How is Beta Glass's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: BETAGLAS's short term assets (NGN47.8B) exceed its short term liabilities (NGN22.0B).
Long Term Liabilities: BETAGLAS's short term assets (NGN47.8B) exceed its long term liabilities (NGN3.6B).
Debt to Equity History and Analysis
Debt Level: BETAGLAS has more cash than its total debt.
Reducing Debt: BETAGLAS's debt to equity ratio has increased from 1.1% to 16.9% over the past 5 years.
Debt Coverage: BETAGLAS's debt is well covered by operating cash flow (41.1%).
Interest Coverage: BETAGLAS earns more interest than it pays, so coverage of interest payments is not a concern.
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What is Beta Glass's current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|Beta Glass Dividend Yield vs Market|
|Company (Beta Glass)||2.0%|
|Market Bottom 25% (NG)||4.0%|
|Market Top 25% (NG)||8.7%|
|Industry Average (Packaging)||4.7%|
|Analyst forecast in 3 Years (Beta Glass)||n/a|
Notable Dividend: BETAGLAS's dividend (1.99%) isn’t notable compared to the bottom 25% of dividend payers in the NG market (3.94%).
High Dividend: BETAGLAS's dividend (1.99%) is low compared to the top 25% of dividend payers in the NG market (8.68%).
Stability and Growth of Payments
Stable Dividend: BETAGLAS is not paying a notable dividend for the NG market, therefore no need to check if payments are stable.
Growing Dividend: BETAGLAS is not paying a notable dividend for the NG market, therefore no need to check if payments are increasing.
Earnings Payout to Shareholders
Earnings Coverage: BETAGLAS is not paying a notable dividend for the NG market.
Cash Payout to Shareholders
Cash Flow Coverage: BETAGLAS is paying a dividend but the company has no free cash flows.
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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 (6.5 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.
|Owner Type||Number of Shares||Ownership Percentage|
|State or Government||26,709,740||4.5%|
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
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
- Implied Market Cap: ₦27.658b
- Shares outstanding: 599.97m
- Website: https://www.frigoglass.com/beta-glass-investors/
Number of Employees
- Beta Glass Plc
- Iddo House
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|BETAGLAS||NGSE (Nigerian Stock Exchange)||Yes||Ordinary Shares||NG||NGN||May 2000|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/09/29 00:00|
|End of Day Share Price||2022/09/29 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.