Mecure Industries PLC

NGSE:MECURE Stock Report

Market Cap: ₦246.0b

Mecure Industries Past Earnings Performance

Past criteria checks 4/6

Mecure Industries has been growing earnings at an average annual rate of 29.3%, while the Pharmaceuticals industry saw earnings growing at 18.2% annually. Revenues have been growing at an average rate of 26.7% per year. Mecure Industries's return on equity is 32.6%, and it has net margins of 8.3%.

Key information

29.26%

Earnings growth rate

-106.17%

EPS growth rate

Pharmaceuticals Industry Growth21.58%
Revenue growth rate26.67%
Return on equity32.60%
Net Margin8.32%
Last Earnings Update31 Dec 2025

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Mecure Industries makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NGSE:MECURE Revenue, expenses and earnings (NGN Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 2577,6936,4639,3810
30 Sep 2575,8195,2298,5350
30 Jun 2566,1624,1258,2230
31 Mar 2551,2402,2567,1410
31 Dec 2446,0272,3296,3480
30 Sep 2440,3982,4855,7670
30 Jun 2436,5302,7824,8500
31 Mar 2434,3423,1564,1700
31 Dec 2331,7592,9133,9440
31 Dec 2226,6422,6093,2730
31 Dec 2120,6986733,0930
31 Dec 2017,4186583,1170
31 Dec 1915,8133042,9610
31 Dec 1815,1734282,8390
31 Dec 1711,1291,1119490

Quality Earnings: MECURE has a high level of non-cash earnings.

Growing Profit Margin: MECURE's current net profit margins (8.3%) are higher than last year (5.1%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: MECURE's earnings have grown significantly by 29.3% per year over the past 5 years.

Accelerating Growth: MECURE's earnings growth over the past year (177.5%) exceeds its 5-year average (29.3% per year).

Earnings vs Industry: MECURE earnings growth over the past year (177.5%) exceeded the Pharmaceuticals industry 55.2%.


Return on Equity

High ROE: Whilst MECURE's Return on Equity (32.6%) is high, this metric is skewed due to their high level of debt.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/03/15 16:03
End of Day Share Price 2026/03/13 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Mecure Industries PLC is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.