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UPL

University PressNGSE:UPL Stock Report

Market Cap

₦647.1m

7D

0%

1Y

21.0%

Updated

18 Oct, 2021

Data

Company Financials
UPL fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends1/6

UPL Overview

University Press Plc prints, publishes, sells, and distributes books in the areas of educational books and general titles in Nigeria.

Price History & Performance

Summary of all time highs, changes and price drops for University Press
Historical stock prices
Current Share Price₦1.50
52 Week High₦1.02
52 Week Low₦1.68
Beta0.25
1 Month Change47.06%
3 Month Change-3.23%
1 Year Change20.97%
3 Year Change-30.88%
5 Year Change-67.25%
Change since IPO15.20%

Recent News & Updates

Shareholder Returns

UPLNG MediaNG Market
7D0%4.2%1.6%
1Y21.0%2.3%40.0%

Return vs Industry: UPL exceeded the NG Media industry which returned 2.3% over the past year.

Return vs Market: UPL underperformed the NG Market which returned 40% over the past year.

Price Volatility

Is UPL's price volatile compared to industry and market?
UPL volatility
UPL Beta0.25
Industry Beta1.05
Market Beta1

Stable Share Price: UPL is more volatile than 90% of NG stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: UPL's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of NG stocks.

About the Company

FoundedEmployeesCEOWebsite
1949249Samuel Kolawolehttps://www.universitypressplc.com

University Press Plc prints, publishes, sells, and distributes books in the areas of educational books and general titles in Nigeria. It offers books for pre-primary, primary, junior and senior secondary, and tertiary, as well as teacher training categories. The company also provides books on general reading, including biographies, dictionaries, encyclopedias, language and culture, and literary writings, as well as World Bank titles.

University Press Fundamentals Summary

How do University Press's earnings and revenue compare to its market cap?
UPL fundamental statistics
Market Cap₦647.11m
Earnings (TTM)₦14.69m
Revenue (TTM)₦1.57b

44.1x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
UPL income statement (TTM)
Revenue₦1.57b
Cost of Revenue₦632.44m
Gross Profit₦939.88m
Expenses₦925.19m
Earnings₦14.69m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.034
Gross Margin59.78%
Net Profit Margin0.93%
Debt/Equity Ratio0.0%

How did UPL perform over the long term?

See historical performance and comparison

Dividends

3.3%

Current Dividend Yield

147%

Payout Ratio

Valuation

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

44.07x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: UPL (NGN1.5) is trading above our estimate of fair value (NGN0.24)

Significantly Below Fair Value: UPL is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: UPL is poor value based on its PE Ratio (44.1x) compared to the African Media industry average (14.7x).

PE vs Market: UPL is poor value based on its PE Ratio (44.1x) compared to the NG market (7.4x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: UPL is good value based on its PB Ratio (0.3x) compared to the XF Media industry average (0.6x).


Future Growth

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

14.2%

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 University Press 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 University Press performed over the past 5 years?

-26.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: UPL has a large one-off gain of NGN37.3M impacting its June 30 2021 financial results.

Growing Profit Margin: UPL's current net profit margins (0.9%) are lower than last year (8%).


Past Earnings Growth Analysis

Earnings Trend: UPL's earnings have declined by 26.3% per year over the past 5 years.

Accelerating Growth: UPL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: UPL had negative earnings growth (-90.9%) over the past year, making it difficult to compare to the Media industry average (-17.3%).


Return on Equity

High ROE: UPL's Return on Equity (0.6%) is considered low.


Financial Health

How is University Press's financial position?


Financial Position Analysis

Short Term Liabilities: UPL's short term assets (NGN1.9B) exceed its short term liabilities (NGN712.6M).

Long Term Liabilities: UPL's short term assets (NGN1.9B) exceed its long term liabilities (NGN107.5M).


Debt to Equity History and Analysis

Debt Level: UPL is debt free.

Reducing Debt: UPL has not had any debt for past 5 years.

Debt Coverage: UPL has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: UPL has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is University Press's current dividend yield, its reliability and sustainability?

3.33%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: UPL's dividend (3.33%) is higher than the bottom 25% of dividend payers in the NG market (3.3%).

High Dividend: UPL's dividend (3.33%) is low compared to the top 25% of dividend payers in the NG market (7.31%).


Stability and Growth of Payments

Stable Dividend: UPL's dividend payments have been volatile in the past 10 years.

Growing Dividend: UPL's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (146.9%), UPL's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

12.1yrs

Average management tenure


CEO

Samuel Kolawole

16.58yrs

Tenure

Mr. Samuel Kolawole serves as the Managing Director at University Press PLC since March 10, 2005 and serves as it's Director. He had worked in various organizations, namely, Austin Mamedu & Co., as counsel...


Leadership Team

Experienced Management: UPL's management team is seasoned and experienced (12.1 years average tenure).


Board Members

Experienced Board: UPL's board of directors are seasoned and experienced ( 11.5 years average tenure).


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

University Press Plc's employee growth, exchange listings and data sources


Key Information

  • Name: University Press Plc
  • Ticker: UPL
  • Exchange: NGSE
  • Founded: 1949
  • Industry: Publishing
  • Sector: Media
  • Market Cap: ₦647.114m
  • Shares outstanding: 431.41m
  • Website: https://www.universitypressplc.com

Number of Employees


Location

  • University Press Plc
  • Three Crowns Building
  • Jericho
  • Ibadan
  • 23402
  • Nigeria

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/18 21:40
End of Day Share Price2021/10/18 00:00
Earnings2021/06/30
Annual Earnings2021/03/31


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.