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Lafarge Africa NGSE:WAPCO Stock Report

Last Price

₦57.60

Market Cap

₦896.4b

7D

48.6%

1Y

95.3%

Updated

21 Nov, 2024

Data

Company Financials +

Lafarge Africa Plc

NGSE:WAPCO Stock Report

Market Cap: ₦896.4b

WAPCO Stock Overview

Manufactures, markets, and sells cement and other cementitious products in Nigeria. More details

WAPCO fundamental analysis
Snowflake Score
Valuation5/6
Future Growth3/6
Past Performance4/6
Financial Health5/6
Dividends2/6

Rewards

Trading at 27.5% below our estimate of its fair value

Earnings are forecast to grow 21.94% per year

Earnings grew by 49.7% over the past year

Trading at good value compared to peers and industry

Risk Analysis

Dividend of 3.3% is not well covered by free cash flows


Lafarge Africa Plc Competitors

BUA Cement

NGSE:BUACEMENT

₦3.2t

Dangote Cement

NGSE:DANGCEM

₦8.0t

Ackerstein Group

TASE:ACKR

₪1.9b

Chia Hsin Cement

TWSE:1103

NT$11.9b

Price History & Performance

Summary of all time highs, changes and price drops for Lafarge Africa
Historical stock prices
Current Share Price₦57.60
52 Week High₦55.65
52 Week Low₦29.00
Beta0.62
11 Month Change59.12%
3 Month Change55.26%
1 Year Change95.25%
33 Year Change130.40%
5 Year Change311.43%
Change since IPO4,269.66%

Recent News & Updates

Recent updates

Shareholder Returns

WAPCONG Basic MaterialsNG Market
7D48.6%3.4%0.9%
1Y95.3%19.4%54.4%

Return vs Industry: WAPCO exceeded the NG Basic Materials industry which returned 19.4% over the past year.

Return vs Market: WAPCO exceeded the NG Market which returned 54.4% over the past year.

Price Volatility

Is WAPCO's price volatile compared to industry and market?
WAPCO volatility
WAPCO Average Weekly Movement5.7%
Basic Materials Industry Average Movement5.5%
Market Average Movement6.3%
10% most volatile stocks in NG Market9.2%
10% least volatile stocks in NG Market3.2%

Stable Share Price: WAPCO has not had significant price volatility in the past 3 months compared to the NG market.

Volatility Over Time: WAPCO's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19591,467Lolu Alade-Akinyemiwww.lafarge.com.ng

Lafarge Africa Plc, together with its subsidiaries, manufactures, markets, and sells cement and other cementitious products in Nigeria. It offers aggregates, ready-mix concrete, and fly-ash products, as well as mortar and waste management solutions. The company also provides cement solutions under the RoadCem, Unicem, Ashaka Cem, Elephant Cement, AshakaCem, PowerMax, and Elephant Supaset brands.

Lafarge Africa Plc Fundamentals Summary

How do Lafarge Africa's earnings and revenue compare to its market cap?
WAPCO fundamental statistics
Market cap₦896.40b
Earnings (TTM)₦71.91b
Revenue (TTM)₦595.92b

12.9x

P/E Ratio

1.6x

P/S Ratio

Is WAPCO overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
WAPCO income statement (TTM)
Revenue₦595.92b
Cost of Revenue₦299.84b
Gross Profit₦296.08b
Other Expenses₦224.16b
Earnings₦71.91b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)4.46
Gross Margin49.68%
Net Profit Margin12.07%
Debt/Equity Ratio0.1%

How did WAPCO perform over the long term?

See historical performance and comparison

Dividends

3.3%

Current Dividend Yield

43%

Payout Ratio