Dangote Cement Plc

NGSE:DANGCEM Stock Report

Market Cap: ₦8.0t

Dangote Cement Past Earnings Performance

Past criteria checks 3/6

Dangote Cement has been growing earnings at an average annual rate of 12.8%, while the Basic Materials industry saw earnings growing at 12.8% annually. Revenues have been growing at an average rate of 25.9% per year. Dangote Cement's return on equity is 21.1%, and it has net margins of 13.9%.

Key information

12.8%

Earnings growth rate

13.2%

EPS growth rate

Basic Materials Industry Growth8.2%
Revenue growth rate25.9%
Return on equity21.1%
Net Margin13.9%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Dangote Cement makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NGSE:DANGCEM Revenue, expenses and earnings (NGN Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 243,254,062451,565768,6490
30 Jun 243,017,313458,515690,6030
31 Mar 242,618,718448,534590,3690
31 Dec 232,208,090445,214487,8880
30 Sep 231,955,668437,312435,0250
30 Jun 231,761,118380,617400,4670
31 Mar 231,611,864380,234381,1520
31 Dec 221,618,323375,988371,4930
30 Sep 221,538,707294,595331,0170
30 Jun 221,501,129341,076304,6190
31 Mar 221,464,167375,466274,3160
31 Dec 211,383,637361,008253,5430
30 Sep 211,294,938342,229237,0800
30 Jun 211,247,889338,734225,7450
31 Mar 211,117,665303,673213,7590
31 Dec 201,034,196275,080211,0240
30 Sep 20973,324254,605211,2660
30 Jun 20900,793208,335210,8670
31 Mar 20900,696201,985214,1600
31 Dec 19891,671200,935213,2510
30 Sep 19895,714386,380212,6160
30 Jun 19886,504395,956205,9650
31 Mar 19899,254377,730198,9530
31 Dec 18901,213388,983187,5380
30 Sep 18887,297202,676175,6940
30 Jun 18875,345201,330167,9500
31 Mar 18839,532212,386157,5670
31 Dec 17805,582198,585153,9270
30 Sep 17776,586164,652141,0640
30 Jun 17735,588153,068136,1020
31 Mar 17682,748154,098134,9420
31 Dec 16615,103149,536119,5720
30 Sep 16568,367156,423118,8730
30 Jun 16541,701168,154102,9480
31 Mar 16517,508168,55988,4550
31 Dec 15491,725184,99483,6410
30 Sep 15446,875186,92180,2410
30 Jun 15424,945187,69875,0940
31 Mar 15402,808182,43466,4170
31 Dec 14391,639160,57863,4160
30 Sep 14407,407186,11357,8910
30 Jun 14396,623190,01962,4760
31 Mar 14394,318195,90062,8190
31 Dec 13386,177201,91259,0240

Quality Earnings: DANGCEM has high quality earnings.

Growing Profit Margin: DANGCEM's current net profit margins (13.9%) are lower than last year (22.4%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: DANGCEM's earnings have grown by 12.8% per year over the past 5 years.

Accelerating Growth: DANGCEM's earnings growth over the past year (3.3%) is below its 5-year average (12.8% per year).

Earnings vs Industry: DANGCEM earnings growth over the past year (3.3%) did not outperform the Basic Materials industry 21.2%.

Return on Equity

High ROE: DANGCEM's Return on Equity (21.1%) is considered high.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 07:41
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Dangote Cement Plc is covered by 19 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Adedayo AyeniAbsa Bank Limited
Claire te RieleAfrican Alliance
null nullARM Research