CWG Plc engages in the supply, installation, integration, maintenance, and support of computer equipment, e-payment hardware, and ancillary equipment in Nigeria and internationally.
Price History & Performance
|Historical stock prices|
|Current Share Price||₦1.25|
|52 Week High||₦1.13|
|52 Week Low||₦2.29|
|1 Month Change||0%|
|3 Month Change||0%|
|1 Year Change||-50.79%|
|3 Year Change||-50.79%|
|5 Year Change||-53.18%|
|Change since IPO||-78.63%|
Recent News & Updates
|CWG||NG IT||NG Market|
Return vs Industry: CWG underperformed the NG IT industry which returned -13.7% over the past year.
Return vs Market: CWG underperformed the NG Market which returned 38.9% over the past year.
Stable Share Price: CWG is less volatile than 75% of NG stocks over the past 3 months, typically moving +/- 0% a week.
Volatility Over Time: CWG's weekly volatility (0%) has been stable over the past year.
About the Company
CWG Plc engages in the supply, installation, integration, maintenance, and support of computer equipment, e-payment hardware, and ancillary equipment in Nigeria and internationally. It operates through IT Infrastructure, Communication and Integrated Services, Managed Support Services, Software, and platform Business segments. The IT Infrastructure segment supplies, installs, and supports computer hardware, operating and middleware systems, automated teller machines, etc. The Communication and Integrated Services segment offers VSAT and fiber connectivity, metropolitan area networks, wide area networks, local area networks, and systems integration services, as well as network communications support.
CWG Fundamentals Summary
|CWG fundamental statistics|
Is CWG overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CWG income statement (TTM)|
|Cost of Revenue||₦9.71b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.16|
|Net Profit Margin||3.36%|
How did CWG perform over the long term?See historical performance and comparison
Is CWG undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CWG (NGN1.25) is trading below our estimate of fair value (NGN12.82)
Significantly Below Fair Value: CWG is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CWG is good value based on its PE Ratio (7.7x) compared to the African IT industry average (17.7x).
PE vs Market: CWG is poor value based on its PE Ratio (7.7x) compared to the NG market (7.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CWG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CWG is overvalued based on its PB Ratio (3.7x) compared to the XF IT industry average (2.2x).
How is CWG forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Software 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 CWG 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.
How has CWG performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CWG has high quality earnings.
Growing Profit Margin: CWG's current net profit margins (3.4%) are higher than last year (2.3%).
Past Earnings Growth Analysis
Earnings Trend: CWG has become profitable over the past 5 years, growing earnings by 31.9% per year.
Accelerating Growth: CWG's earnings growth over the past year (65.7%) exceeds its 5-year average (31.9% per year).
Earnings vs Industry: CWG earnings growth over the past year (65.7%) exceeded the IT industry -3.7%.
Return on Equity
High ROE: CWG's Return on Equity (48%) is considered outstanding.
How is CWG's financial position?
Financial Position Analysis
Short Term Liabilities: CWG's short term assets (NGN9.9B) exceed its short term liabilities (NGN9.7B).
Long Term Liabilities: CWG's short term assets (NGN9.9B) exceed its long term liabilities (NGN12.3M).
Debt to Equity History and Analysis
Debt Level: CWG's debt to equity ratio (23.7%) is considered satisfactory.
Reducing Debt: CWG's debt to equity ratio has increased from 3.7% to 23.7% over the past 5 years.
Debt Coverage: CWG's debt is well covered by operating cash flow (648.3%).
Interest Coverage: CWG's interest payments on its debt are well covered by EBIT (5x coverage).
What is CWG current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CWG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CWG'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 CWG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CWG's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: CWG is not paying a notable dividend for the NG market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CWG's dividend in 3 years as they are not forecast to pay a notable one for the NG market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Adewale Adeyipo has been Group, Managing Director and Chief Executive Officer at CWG Plc and has been its Executive Director since June 15, 2018 and also served as Acting Group, MD/CEO at CWG Plc since...
Experienced Management: CWG's management team is considered experienced (2.8 years average tenure).
Experienced Board: CWG's board of directors are considered experienced (4 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
CWG Plc's employee growth, exchange listings and data sources
- Name: CWG Plc
- Ticker: CWG
- Exchange: NGSE
- Founded: 1992
- Industry: IT Consulting and Other Services
- Sector: Software
- Market Cap: ₦3.156b
- Shares outstanding: 2.52b
- Website: https://www.cwg-plc.com
Number of Employees
- CWG Plc
- Plot 10, Adebayo Doherty Road
- Block 54A
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/19 15:21|
|End of Day Share Price||2021/10/18 00:00|
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.