Greif Nigeria Plc manufactures and markets steel drums in Nigeria.
Price History & Performance
|Historical stock prices|
|Current Share Price||₦5.45|
|52 Week High||₦5.45|
|52 Week Low||₦8.20|
|1 Month Change||-9.92%|
|3 Month Change||-9.92%|
|1 Year Change||-40.11%|
|3 Year Change||-40.11%|
|5 Year Change||-43.76%|
|Change since IPO||7.07%|
Recent News & Updates
|VANLEER||NG Packaging||NG Market|
Return vs Industry: VANLEER underperformed the NG Packaging industry which returned 101.3% over the past year.
Return vs Market: VANLEER underperformed the NG Market which returned 40.4% over the past year.
Stable Share Price: VANLEER is less volatile than 75% of NG stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: VANLEER's weekly volatility (3%) has been stable over the past year.
About the Company
Greif Nigeria Plc manufactures and markets steel drums in Nigeria. The company was formerly known as Van Leer Containers Nigeria Plc and changed its name to Greif Nigeria Plc in May 2004. The company was incorporated in 1940 and is based in Lagos, Nigeria.
Greif Nigeria Fundamentals Summary
|VANLEER fundamental statistics|
Is VANLEER overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|VANLEER income statement (TTM)|
|Cost of Revenue||-₦2.15m|
Last Reported Earnings
Jul 31, 2021
Next Earnings Date
|Earnings per share (EPS)||9.06|
|Net Profit Margin||0.00%|
How did VANLEER perform over the long term?See historical performance and comparison
Is Greif Nigeria 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: Insufficient data to calculate VANLEER's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate VANLEER's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: VANLEER is good value based on its PE Ratio (0.6x) compared to the African Packaging industry average (9.8x).
PE vs Market: VANLEER is good value based on its PE Ratio (0.6x) compared to the NG market (7.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate VANLEER's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: VANLEER is overvalued based on its PB Ratio (2x) compared to the XF Packaging industry average (1.3x).
How is Greif Nigeria 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 Greif Nigeria 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 Greif Nigeria performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: VANLEER has a large one-off gain of NGN451.0M impacting its July 31 2021 financial results.
Growing Profit Margin: VANLEER became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: VANLEER has become profitable over the past 5 years, growing earnings by 12.5% per year.
Accelerating Growth: VANLEER has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: VANLEER has become profitable in the last year, making it difficult to compare its past year earnings growth to the Packaging industry (6.7%).
Return on Equity
High ROE: VANLEER's Return on Equity (333.9%) is considered outstanding.
How is Greif Nigeria's financial position?
Financial Position Analysis
Short Term Liabilities: VANLEER's short term assets (NGN257.3M) exceed its short term liabilities (NGN141.5M).
Long Term Liabilities: VANLEER's short term assets (NGN257.3M) do not cover its long term liabilities (NGN-1,000.0).
Debt to Equity History and Analysis
Debt Level: VANLEER is debt free.
Reducing Debt: VANLEER has not had any debt for past 5 years.
Debt Coverage: VANLEER has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: VANLEER has no debt, therefore coverage of interest payments is not a concern.
What is Greif Nigeria current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate VANLEER's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate VANLEER'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 VANLEER's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if VANLEER's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: VANLEER is not paying a notable dividend for the NG market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of VANLEER's dividend in 3 years as they are not forecast to pay a notable one for the NG market.
How experienced are the management team and are they aligned to shareholders interests?
Mr. David Onabajo is the Managing Director and Director of Greif Nigeria Plc.
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 not been meaningfully diluted in the past year.
Greif Nigeria Plc's employee growth, exchange listings and data sources
- Name: Greif Nigeria Plc
- Ticker: VANLEER
- Exchange: NGSE
- Founded: 1940
- Industry: Metal and Glass Containers
- Sector: Materials
- Market Cap: ₦232.388m
- Shares outstanding: 42.64m
Number of Employees
- Greif Nigeria Plc
- Chief Yesuf Abiodun Street
- 2nd Floor, Plot 5
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/21 21:01|
|End of Day Share Price||2021/10/21 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.