Smart Products Nigeria Past Earnings Performance
Past criteria checks 2/6
Smart Products Nigeria's earnings have been declining at an average annual rate of -1.8%, while the Real Estate industry saw earnings growing at 22.7% annually. Revenues have been growing at an average rate of 36.2% per year. Smart Products Nigeria's return on equity is 7.2%, and it has net margins of 14.5%.
Key information
-1.8%
Earnings growth rate
4.2%
EPS growth rate
| Real Estate Industry Growth | 7.5% |
| Revenue growth rate | 36.2% |
| Return on equity | 7.2% |
| Net Margin | 14.5% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Smart Products Nigeria makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 62 | 9 | 12 | 0 |
| 31 Dec 23 | 57 | 7 | 10 | 0 |
| 31 Mar 23 | 46 | -3 | 10 | 0 |
| 31 Dec 22 | 52 | 6 | 8 | 0 |
| 31 Dec 21 | 55 | 7 | 15 | 0 |
| 31 Dec 20 | 49 | 7 | 18 | 0 |
| 31 Dec 19 | 50 | 5 | 18 | 0 |
| 31 Dec 18 | 50 | 12 | 13 | 0 |
| 31 Dec 17 | 44 | 9 | 14 | 0 |
| 31 Dec 16 | 46 | 13 | 8 | 0 |
| 31 Dec 15 | 50 | 17 | 6 | 0 |
| 31 Dec 14 | 47 | 13 | 6 | 0 |
| 31 Dec 13 | 45 | 12 | 5 | 0 |
Quality Earnings: SMURFIT has high quality earnings.
Growing Profit Margin: SMURFIT became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SMURFIT's earnings have declined by 1.8% per year over the past 5 years.
Accelerating Growth: SMURFIT has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: SMURFIT has become profitable in the last year, making it difficult to compare its past year earnings growth to the Real Estate industry (33.8%).
Return on Equity
High ROE: SMURFIT's Return on Equity (7.2%) is considered low.