CAP plc engages in the manufacture and sale of paints in Nigeria.
Price History & Performance
|Historical stock prices|
|Current Share Price||₦19.60|
|52 Week High||₦18.00|
|52 Week Low||₦24.50|
|1 Month Change||0%|
|3 Month Change||-5.77%|
|1 Year Change||5.95%|
|3 Year Change||-31.47%|
|5 Year Change||-41.93%|
|Change since IPO||5,949.40%|
Recent News & Updates
|CAP||NG Chemicals||NG Market|
Return vs Industry: CAP exceeded the NG Chemicals industry which returned 3.5% over the past year.
Return vs Market: CAP underperformed the NG Market which returned 40.9% over the past year.
Stable Share Price: CAP is less volatile than 75% of NG stocks over the past 3 months, typically moving +/- 1% a week.
Volatility Over Time: CAP's weekly volatility (1%) has been stable over the past year.
About the Company
CAP plc engages in the manufacture and sale of paints in Nigeria. It manufactures and sells various finishes, including vinyl silk, vinyl matt, vinyl soft sheen, and weathershield masonry, as well as emulsion, gloss, primer, and metal paints primarily under the Dulux brand; and emulsion, gloss, acrylic satin, and textured variants under the Caplux brand, as well as under the Sandtex and Hempel brand names. The company distributes its products through Dulux colour shops and centres.
CAP Fundamentals Summary
|CAP fundamental statistics|
Is CAP overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CAP income statement (TTM)|
|Cost of Revenue||₦7.07b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||1.43|
|Net Profit Margin||10.33%|
How did CAP perform over the long term?See historical performance and comparison
10.7%Current Dividend Yield
Is CAP 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: CAP (NGN19.6) is trading above our estimate of fair value (NGN9.01)
Significantly Below Fair Value: CAP is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CAP is poor value based on its PE Ratio (13.7x) compared to the African Chemicals industry average (13.4x).
PE vs Market: CAP is poor value based on its PE Ratio (13.7x) compared to the NG market (7.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CAP's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CAP is overvalued based on its PB Ratio (5.5x) compared to the NG Chemicals industry average (1.6x).
How is CAP 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 CAP 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 CAP performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CAP has high quality earnings.
Growing Profit Margin: CAP's current net profit margins (10.3%) are lower than last year (18.5%).
Past Earnings Growth Analysis
Earnings Trend: CAP's earnings have declined by 3.6% per year over the past 5 years.
Accelerating Growth: CAP's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CAP had negative earnings growth (-24.1%) over the past year, making it difficult to compare to the Chemicals industry average (27%).
Return on Equity
High ROE: CAP's Return on Equity (40.4%) is considered outstanding.
How is CAP's financial position?
Financial Position Analysis
Short Term Liabilities: CAP's short term assets (NGN7.5B) exceed its short term liabilities (NGN5.6B).
Long Term Liabilities: CAP's short term assets (NGN7.5B) exceed its long term liabilities (NGN166.8M).
Debt to Equity History and Analysis
Debt Level: CAP's debt to equity ratio (38.5%) is considered satisfactory.
Reducing Debt: CAP's debt to equity ratio has increased from 13.7% to 38.5% over the past 5 years.
Debt Coverage: CAP's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CAP earns more interest than it pays, so coverage of interest payments is not a concern.
What is CAP current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CAP's dividend (10.71%) is higher than the bottom 25% of dividend payers in the NG market (3.33%).
High Dividend: CAP's dividend (10.71%) is in the top 25% of dividend payers in the NG market (7.34%)
Stability and Growth of Payments
Stable Dividend: CAP's dividend payments have been volatile in the past 10 years.
Growing Dividend: CAP's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (130.7%), CAP's dividend payments are not well 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 management tenure
Mr. David Wright serves as Managing Director of CAP PLC, a subsidiary of UAC of Nigeria PLC. Mr. Wright has been the Chief Executive Officer, Managing Director and Director at Chemical and Allied Products...
Experienced Management: CAP's management team is considered experienced (2.2 years average tenure).
Experienced Board: CAP's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.
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 been diluted in the past year, with total shares outstanding growing by 12.6%.
CAP plc's employee growth, exchange listings and data sources
- Name: CAP plc
- Ticker: CAP
- Exchange: NGSE
- Founded: 1965
- Industry: Specialty Chemicals
- Sector: Materials
- Market Cap: ₦15.450b
- Shares outstanding: 788.26m
- Website: https://www.capplc.com
Number of Employees
- CAP plc
- 2, Adeniyi Jones Avenue
- P.M.B. 21072
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/25 21:38|
|End of Day Share Price||2021/10/25 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.