Industrial and Medical Gases Nigeria Plc

NGSE:IMG Stock Report

Market Cap: ₦19.0b

Industrial and Medical Gases Nigeria Past Earnings Performance

Past criteria checks 4/6

Industrial and Medical Gases Nigeria has been growing earnings at an average annual rate of 38.5%, while the Chemicals industry saw earnings growing at 24.6% annually. Revenues have been growing at an average rate of 20.3% per year. Industrial and Medical Gases Nigeria's return on equity is 33.7%, and it has net margins of 23.1%.

Key information

38.5%

Earnings growth rate

37.4%

EPS growth rate

Chemicals Industry Growth6.3%
Revenue growth rate20.3%
Return on equity33.7%
Net Margin23.1%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Industrial and Medical Gases Nigeria makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NGSE:IMG Revenue, expenses and earnings (NGN Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 248,0201,8562,5600
30 Jun 246,9852,0742,3640
31 Mar 246,3291,6962,2570
31 Dec 236,0658532,0680
30 Sep 235,7536531,7940
30 Jun 235,6865051,7000
31 Mar 235,5154571,6130
31 Dec 225,3394481,6180
30 Sep 224,7544091,6110
30 Jun 224,3074721,5290
31 Mar 224,0494381,5060
31 Dec 213,6993721,3230
30 Sep 213,5824151,2480
30 Jun 213,4663281,1960
31 Mar 213,1242461,0560
31 Dec 203,1712921,1510
30 Sep 203,2532841,1180
30 Jun 203,0662411,0770
31 Mar 203,1449391,1820
31 Dec 193,0702161,1560
30 Sep 193,0122641,0490
30 Jun 192,9813181,0690
31 Mar 192,991-3051,0210
31 Dec 182,8703589690
30 Sep 182,8482359430
30 Jun 182,7242458680
31 Mar 182,5952237840
31 Dec 172,5452347650
30 Sep 172,2843838600
30 Jun 172,2472008620
31 Mar 172,0941018110
31 Dec 161,984767800
30 Sep 161,872136710
30 Jun 161,883996700
31 Mar 161,9351026760
31 Dec 151,9881217320
30 Sep 152,1321098730
30 Jun 152,2031558990
31 Mar 152,1982109520
31 Dec 142,2132279370
30 Sep 142,1431829310
30 Jun 142,0161881,3110
31 Mar 142,0752331,0640
31 Dec 132,0922638490

Quality Earnings: IMG has a high level of non-cash earnings.

Growing Profit Margin: IMG's current net profit margins (23.1%) are higher than last year (11.4%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: IMG's earnings have grown significantly by 38.5% per year over the past 5 years.

Accelerating Growth: IMG's earnings growth over the past year (184.2%) exceeds its 5-year average (38.5% per year).

Earnings vs Industry: IMG earnings growth over the past year (184.2%) exceeded the Chemicals industry 19.9%.

Return on Equity

High ROE: Whilst IMG's Return on Equity (33.74%) is high, this metric is skewed due to their high level of debt.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 14:02
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

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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

Industrial and Medical Gases Nigeria Plc is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

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