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AFRO

AfromediaNGSE:AFROMEDIA Stock Report

Market Cap

₦887.8m

7D

0%

1Y

0%

Updated

19 Oct, 2021

Data

Company Financials
AFROMEDIA fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance4/6
Financial Health1/6
Dividends0/6

AFROMEDIA Overview

Afromedia Plc provides outdoor advertisement services in Nigeria.

Price History & Performance

Summary of all time highs, changes and price drops for Afromedia
Historical stock prices
Current Share Price₦0.20
52 Week High₦0.20
52 Week Low₦0.22
Beta-0.016
1 Month Change0%
3 Month Change0%
1 Year Change0%
3 Year Change-60.00%
5 Year Change-60.00%
Change since IPO-93.14%

Recent News & Updates

Shareholder Returns

AFROMEDIANG MediaNG Market
7D0%3.8%0.6%
1Y0%1.6%38.8%

Return vs Industry: AFROMEDIA underperformed the NG Media industry which returned 2.6% over the past year.

Return vs Market: AFROMEDIA underperformed the NG Market which returned 38.9% over the past year.

Price Volatility

Is AFROMEDIA's price volatile compared to industry and market?
AFROMEDIA volatility
AFROMEDIA Beta-0.016
Industry Beta1.05
Market Beta1

Stable Share Price: AFROMEDIA is less volatile than 75% of NG stocks over the past 3 months, typically moving +/- 0% a week.

Volatility Over Time: AFROMEDIA's weekly volatility (0%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1928n/aOtunba Irewunmi Olopadehttps://www.afromediaplc.com

Afromedia Plc provides outdoor advertisement services in Nigeria. It operates through Transit and Road Side segments. The company offers backlit boxes, electroluminescent structures, ultra-wave structures, drop down banners, and wall drapes for airport advertising; and lamp post banners, LED lamp post banners, illuminate advertising tower unipoles, and super 48 sheet structures light boxes for road side advertising.

Afromedia Fundamentals Summary

How do Afromedia's earnings and revenue compare to its market cap?
AFROMEDIA fundamental statistics
Market Cap₦887.81m
Earnings (TTM)₦578.09m
Revenue (TTM)₦296.29m

1.5x

P/E Ratio

3.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
AFROMEDIA income statement (TTM)
Revenue₦296.29m
Cost of Revenue₦196.13m
Gross Profit₦100.16m
Expenses-₦477.93m
Earnings₦578.09m

Last Reported Earnings

Jun 30, 2020

Next Earnings Date

n/a

Earnings per share (EPS)0.13
Gross Margin33.80%
Net Profit Margin195.11%
Debt/Equity Ratio-79.8%

How did AFROMEDIA perform over the long term?

See historical performance and comparison

Valuation

Is Afromedia undervalued compared to its fair value and its price relative to the market?

1.54x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate AFROMEDIA's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate AFROMEDIA's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: AFROMEDIA is good value based on its PE Ratio (1.5x) compared to the African Media industry average (14.7x).

PE vs Market: AFROMEDIA is good value based on its PE Ratio (1.5x) compared to the NG market (7.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate AFROMEDIA's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: AFROMEDIA has negative assets, so we can't compare its PB Ratio to the XF Media industry average.


Future Growth

How is Afromedia forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

14.3%

Forecasted Media 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 Afromedia 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 Afromedia performed over the past 5 years?

25.5%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: AFROMEDIA has high quality earnings.

Growing Profit Margin: AFROMEDIA's current net profit margins are higher than last year .


Past Earnings Growth Analysis

Earnings Trend: AFROMEDIA has become profitable over the past 5 years.

Accelerating Growth: Insufficient data to compare AFROMEDIA's past year earnings growth to its 5-year average.

Earnings vs Industry: AFROMEDIA earnings growth over the past year (25.5%) exceeded the Media industry -17.3%.


Return on Equity

High ROE: AFROMEDIA's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Financial Health

How is Afromedia's financial position?


Financial Position Analysis

Short Term Liabilities: AFROMEDIA has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: AFROMEDIA 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: AFROMEDIA has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: AFROMEDIA's has negative shareholder equity, so we do not need to check if its debt has reduced over time.

Debt Coverage: AFROMEDIA's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: AFROMEDIA's interest payments on its debt are well covered by EBIT (34337.2x coverage).


Balance Sheet


Dividend

What is Afromedia current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate AFROMEDIA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate AFROMEDIA'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 AFROMEDIA's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if AFROMEDIA'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 AFROMEDIA'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?

2.3yrs

Average board tenure


CEO

Otunba Irewunmi Olopade

1.75yrs

Tenure

Mr. Otunba Akinlola Irewunmi Olopade has been a Director at Afromedia PLC since 1995 and serves as its Group Chief Executive Officer since 2020. He served as its Chief Operating Officer since 2019 until 20...


Board Members

Experienced Board: AFROMEDIA's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


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

Afromedia Plc's employee growth, exchange listings and data sources


Key Information

  • Name: Afromedia Plc
  • Ticker: AFROMEDIA
  • Exchange: NGSE
  • Founded: 1928
  • Industry: Advertising
  • Sector: Media
  • Market Cap: ₦887.809m
  • Shares outstanding: 4.44b
  • Website: https://www.afromediaplc.com

Number of Employees


Location

  • Afromedia Plc
  • 39 Ladipo Bateye Street
  • GRA
  • Ikeja
  • Nigeria

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/19 15:21
End of Day Share Price2021/10/18 00:00
Earnings2020/06/30
Annual Earnings2019/09/30


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.