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BUAC

BUA CementNGSE:BUACEMENT Stock Report

Market Cap

₦2.4t

7D

6.7%

1Y

76.0%

Updated

22 Oct, 2021

Data

Company Financials +
BUACEMENT fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance4/6
Financial Health2/6
Dividends2/6

BUACEMENT Overview

BUA Cement Plc manufactures and sells cement under the BUA Cement brand in Nigeria and internationally.

Price History & Performance

Summary of all time highs, changes and price drops for BUA Cement
Historical stock prices
Current Share Price₦72.00
52 Week High₦41.40
52 Week Low₦85.00
Beta0
1 Month Change5.88%
3 Month Change1.41%
1 Year Change76.04%
3 Year Changen/a
5 Year Changen/a
Change since IPO84.85%

Recent News & Updates

Shareholder Returns

BUACEMENTNG Basic MaterialsNG Market
7D6.7%1.5%1.4%
1Y76.0%67.6%41.3%

Return vs Industry: BUACEMENT exceeded the NG Basic Materials industry which returned 67.6% over the past year.

Return vs Market: BUACEMENT exceeded the NG Market which returned 41.3% over the past year.

Price Volatility

Is BUACEMENT's price volatile compared to industry and market?
BUACEMENT volatility
BUACEMENT Beta0
Industry Beta0.51
Market Beta1

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

Volatility Over Time: BUACEMENT's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20141,001n/ahttps://www.buacement.com

BUA Cement Plc manufactures and sells cement under the BUA Cement brand in Nigeria and internationally. It offers bagged and bulk cements. The company was incorporated in 2014 and is based in Lagos, Nigeria.

BUA Cement Fundamentals Summary

How do BUA Cement's earnings and revenue compare to its market cap?
BUACEMENT fundamental statistics
Market Cap₦2.44t
Earnings (TTM)₦80.92b
Revenue (TTM)₦232.46b

30.1x

P/E Ratio

10.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BUACEMENT income statement (TTM)
Revenue₦232.46b
Cost of Revenue₦124.58b
Gross Profit₦107.88b
Expenses₦26.96b
Earnings₦80.92b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)2.39
Gross Margin46.41%
Net Profit Margin34.81%
Debt/Equity Ratio52.7%

How did BUACEMENT perform over the long term?

See historical performance and comparison

Dividends

2.9%

Current Dividend Yield

87%

Payout Ratio

Valuation

Is BUA Cement undervalued compared to its fair value and its price relative to the market?

30.4%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BUACEMENT (NGN72) is trading below our estimate of fair value (NGN103.38)

Significantly Below Fair Value: BUACEMENT is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: BUACEMENT is poor value based on its PE Ratio (30.1x) compared to the African Basic Materials industry average (13.3x).

PE vs Market: BUACEMENT is poor value based on its PE Ratio (30.1x) compared to the NG market (7.3x).


Price to Earnings Growth Ratio

PEG Ratio: BUACEMENT is poor value based on its PEG Ratio (1.7x)


Price to Book Ratio

PB vs Industry: BUACEMENT is overvalued based on its PB Ratio (7x) compared to the XF Basic Materials industry average (1.3x).


Future Growth

How is BUA Cement forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

18.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BUACEMENT's forecast earnings growth (18.1% per year) is above the savings rate (13.2%).

Earnings vs Market: BUACEMENT's earnings (18.1% per year) are forecast to grow faster than the NG market (15.4% per year).

High Growth Earnings: BUACEMENT's earnings are forecast to grow, but not significantly.

Revenue vs Market: BUACEMENT's revenue (14.6% per year) is forecast to grow faster than the NG market (10.4% per year).

High Growth Revenue: BUACEMENT's revenue (14.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: BUACEMENT's Return on Equity is forecast to be high in 3 years time (28.7%)


Past Performance

How has BUA Cement performed over the past 5 years?

28.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BUACEMENT has high quality earnings.

Growing Profit Margin: BUACEMENT's current net profit margins (34.8%) are higher than last year (34.7%).


Past Earnings Growth Analysis

Earnings Trend: BUACEMENT's earnings have grown significantly by 28.5% per year over the past 5 years.

Accelerating Growth: BUACEMENT's earnings growth over the past year (24.8%) is below its 5-year average (28.5% per year).

Earnings vs Industry: BUACEMENT earnings growth over the past year (24.8%) underperformed the Basic Materials industry 44.8%.


Return on Equity

High ROE: BUACEMENT's Return on Equity (23.2%) is considered high.


Financial Health

How is BUA Cement's financial position?


Financial Position Analysis

Short Term Liabilities: BUACEMENT's short term assets (NGN119.8B) do not cover its short term liabilities (NGN122.3B).

Long Term Liabilities: BUACEMENT's short term assets (NGN119.8B) do not cover its long term liabilities (NGN194.2B).


Debt to Equity History and Analysis

Debt Level: BUACEMENT's debt to equity ratio (52.7%) is considered high.

Reducing Debt: Insufficient data to determine if BUACEMENT's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: BUACEMENT's debt is well covered by operating cash flow (62.4%).

Interest Coverage: BUACEMENT's interest payments on its debt are well covered by EBIT (79.6x coverage).


Balance Sheet


Dividend

What is BUA Cement current dividend yield, its reliability and sustainability?

2.87%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: BUACEMENT's dividend (2.87%) isn’t notable compared to the bottom 25% of dividend payers in the NG market (3.3%).

High Dividend: BUACEMENT's dividend (2.87%) is low compared to the top 25% of dividend payers in the NG market (7.3%).


Stability and Growth of Payments

Stable Dividend: Too early to tell whether BUACEMENT's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if BUACEMENT's dividend payments are increasing as they only just started paying a dividend.


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (86.5%), BUACEMENT's payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: BUACEMENT's dividends in 3 years are forecast to be covered by earnings (53.9% payout ratio).


Next Steps

Management

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


CEO

BUA Cement has no CEO, or we have no data on them.


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

BUA Cement Plc's employee growth, exchange listings and data sources


Key Information

  • Name: BUA Cement Plc
  • Ticker: BUACEMENT
  • Exchange: NGSE
  • Founded: 2014
  • Industry: Construction Materials
  • Sector: Materials
  • Market Cap: ₦2.438t
  • Shares outstanding: 33.86b
  • Website: https://www.buacement.com

Number of Employees


Location

  • BUA Cement Plc
  • BUA Towers
  • 5th Floor
  • Lagos
  • Nigeria

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/22 21:08
End of Day Share Price2021/10/22 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.