| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 0/6 |
| Dividends | 0/6 |
PREMPAINTS Overview
Premier Paints Plc produces and markets various paints in Nigera.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₦10.00 |
| 52 Week High | ₦10.00 |
| 52 Week Low | ₦10.00 |
| Beta | -0.0084 |
| 1 Month Change | 0% |
| 3 Month Change | 0% |
| 1 Year Change | 6.38% |
| 3 Year Change | -3.85% |
| 5 Year Change | -3.75% |
| Change since IPO | 1,345.79% |
Recent News & Updates
Shareholder Returns
| PREMPAINTS | NG Chemicals | NG Market | |
|---|---|---|---|
| 7D | 0% | -0.06% | 1.5% |
| 1Y | 6.4% | 3.4% | 39.2% |
Return vs Industry: PREMPAINTS exceeded the NG Chemicals industry which returned 3.5% over the past year.
Return vs Market: PREMPAINTS underperformed the NG Market which returned 40.2% over the past year.
Price Volatility
| PREMPAINTS volatility | |
|---|---|
| PREMPAINTS Beta | -0.0084 |
| Industry Beta | 1.87 |
| Market Beta | 1 |
Stable Share Price: PREMPAINTS is less volatile than 75% of NG stocks over the past 3 months, typically moving +/- 0% a week.
Volatility Over Time: PREMPAINTS's weekly volatility (0%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1982 | 20 | Ade Yusuf | https://www.premierpaintsplc.com |
Premier Paints Plc produces and markets various paints in Nigera. It offers wood finishes for the furniture, decorative, industrial coatings, and auto refinish industries. The company was incorporated in 1982 and is based in Ifo, Nigeria.
Premier Paints Fundamentals Summary
| PREMPAINTS fundamental statistics | |
|---|---|
| Market Cap | ₦1.23b |
| Earnings (TTM) | -₦31.26m |
| Revenue (TTM) | ₦90.65m |
13.6x
P/S Ratio-39.3x
P/E RatioIs PREMPAINTS overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PREMPAINTS income statement (TTM) | |
|---|---|
| Revenue | ₦90.65m |
| Cost of Revenue | ₦73.64m |
| Gross Profit | ₦17.01m |
| Expenses | ₦48.27m |
| Earnings | -₦31.26m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.25 |
| Gross Margin | 18.77% |
| Net Profit Margin | -34.48% |
| Debt/Equity Ratio | -92.7% |
How did PREMPAINTS perform over the long term?
See historical performance and comparisonValuation
Is Premier Paints undervalued compared to its fair value and its price relative to the market?
In this section, we usually try to help investors determine whether Premier Paints is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Premier Paints has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.
This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.
Future Growth
How is Premier Paints forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
17.2%
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 Premier Paints 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.
Past Performance
How has Premier Paints performed over the past 5 years?
11.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PREMPAINTS is currently unprofitable.
Growing Profit Margin: PREMPAINTS is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: PREMPAINTS is unprofitable, but has reduced losses over the past 5 years at a rate of 11.6% per year.
Accelerating Growth: Unable to compare PREMPAINTS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: PREMPAINTS is unprofitable, making it difficult to compare its past year earnings growth to the Chemicals industry (27%).
Return on Equity
High ROE: PREMPAINTS's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
Financial Health
How is Premier Paints's financial position?
Financial Position Analysis
Short Term Liabilities: PREMPAINTS has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: PREMPAINTS has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: PREMPAINTS has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: PREMPAINTS's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: PREMPAINTS has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: PREMPAINTS has less than a year of cash runway if free cash flow continues to reduce at historical rates of 40.8% each year
Dividend
What is Premier Paints's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate PREMPAINTS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate PREMPAINTS's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if PREMPAINTS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PREMPAINTS's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of PREMPAINTS's dividend in 3 years as they are not forecast to pay a notable one for the NG market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
CEO
Ade Yusuf
4.5yrs
Tenure
Dr. Ade Yusuf serves as Managing Director and Chief Executive Officer at Premier Paints Plc since April 3, 2017. Dr. Yusuf serves as Director at Premier Paints Plc. He has thirty five years’ post qualifica...
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
Premier Paints Plc's employee growth, exchange listings and data sources
Key Information
- Name: Premier Paints Plc
- Ticker: PREMPAINTS
- Exchange: NGSE
- Founded: 1982
- Industry: Commodity Chemicals
- Sector: Materials
- Market Cap: ₦1.230b
- Shares outstanding: 123.00m
- Website: https://www.premierpaintsplc.com
Number of Employees
Location
- Premier Paints Plc
- KM 2
- Ifo-Ibogun Road
- Ifo
- Nigeria
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/26 21:19 |
| End of Day Share Price | 2021/10/26 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.