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Meyer NGSE:MEYER Stock Report

Last Price

₦5.60

Market Cap

₦2.8b

7D

0%

1Y

153.4%

Updated

27 Mar, 2024

Data

Company Financials

MEYER Stock Overview

Meyer Plc manufactures and sells paint products, coatings, adhesives, and flooring products in Nigeria.

MEYER fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance1/6
Financial Health6/6
Dividends0/6

Meyer Plc Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Meyer
Historical stock prices
Current Share Price₦5.60
52 Week High₦6.91
52 Week Low₦2.19
Beta-0.78
1 Month Change0%
3 Month Change55.99%
1 Year Change153.39%
3 Year Change1,144.44%
5 Year Change937.04%
Change since IPO481.32%

Recent News & Updates

Recent updates

Shareholder Returns

MEYERNG ChemicalsNG Market
7D0%-0.2%-0.4%
1Y153.4%43.4%131.4%

Return vs Industry: MEYER exceeded the NG Chemicals industry which returned 43.4% over the past year.

Return vs Market: MEYER exceeded the NG Market which returned 131.4% over the past year.

Price Volatility

Is MEYER's price volatile compared to industry and market?
MEYER volatility
MEYER Average Weekly Movement9.2%
Chemicals Industry Average Movement5.2%
Market Average Movement9.1%
10% most volatile stocks in NG Market12.8%
10% least volatile stocks in NG Market4.1%

Stable Share Price: MEYER's share price has been volatile over the past 3 months.

Volatility Over Time: MEYER's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
194066n/ahttps://www.meyerpaints.com

Meyer Plc manufactures and sells paint products, coatings, adhesives, and flooring products in Nigeria. The company operates in Paints and Painting services segments. It is also involved in application of paints on completed buildings; and building and construction business.

Meyer Plc Fundamentals Summary

How do Meyer's earnings and revenue compare to its market cap?
MEYER fundamental statistics
Market cap₦2.79b
Earnings (TTM)₦237.43m
Revenue (TTM)₦2.27b

11.7x

P/E Ratio

1.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MEYER income statement (TTM)
Revenue₦2.27b
Cost of Revenue₦1.38b
Gross Profit₦889.61m
Other Expenses₦652.18m
Earnings₦237.43m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.48
Gross Margin39.24%
Net Profit Margin10.47%
Debt/Equity Ratio0.1%

How did MEYER perform over the long term?

See historical performance and comparison
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