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CWG PlcNGSE:CWG Stock Report

Market Cap ₦58.1b
Share Price
₦23.00
₦41
43.9% undervalued intrinsic discount
1Y125.5%
7D-7.3%
1D
Portfolio Value
View

CWG Plc

NGSE:CWG Stock Report

Market Cap: ₦58.1b

CWG (CWG) Stock Overview

Engages in the supply, installation, integration, maintenance, and support of computer equipment, e-payment hardware, and ancillary equipment in Nigeria, Ghana, Uganda, and Cameroon. More details

CWG fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance3/6
Financial Health5/6
Dividends2/6

CWG Community Fair Values

Create Narrative

See what 29 others think this stock is worth. Follow their fair value or set your own to get alerts.

Top Community Narratives

₦41
FV
43.9% undervalued intrinsic discount
37.47%
Revenue growth p.a.
77
users have viewed this narrative
1users have liked this narrative
0users have commented on this narrative
6users have followed this narrative

CWG Plc Competitors

Price History & Performance

Summary of share price highs, lows and changes for CWG
Historical stock prices
Current Share Price₦23.00
52 Week High₦25.40
52 Week Low₦9.00
Beta0.45
1 Month Change9.52%
3 Month Change0%
1 Year Change125.49%
3 Year Change1,403.27%
5 Year Change1,011.11%
Change since IPO293.16%

Recent News & Updates

New Narrative Apr 22

63% Profit Growth, 6.8× Forward P/E: Inside CWG Plc's FY 2025 Numbers and What They Signal

Business Overview CWG Plc (formerly Computer Warehouse Group) is a pan-African information and communications technology (ICT) company headquartered in Lagos, Nigeria. CWG has evolved from a computer hardware distributor into one of West Africa's foremost providers of enterprise IT solutions across 26 countries.
Narrative Update Mar 26

CWG Plc Delivers Strong FY 2025 Earnings Growth Driven by Revenue Expansion and Operational Efficiency

Revaluation Analyst: Qudus Adebara (Research Analyst, DLM Securities) Executive Summary CWG Plc recorded a robust financial performance for the year ended 31 December 2025, underpinned by strong revenue growth across its IT infrastructure, software, and managed services segments, alongside improved operational efficiency. Revenue increased by 41% YoY to ₦65.56 billion, driven largely by expansion in IT infrastructure services and software solutions.

Recent updates

New Narrative Apr 22

63% Profit Growth, 6.8× Forward P/E: Inside CWG Plc's FY 2025 Numbers and What They Signal

Business Overview CWG Plc (formerly Computer Warehouse Group) is a pan-African information and communications technology (ICT) company headquartered in Lagos, Nigeria. CWG has evolved from a computer hardware distributor into one of West Africa's foremost providers of enterprise IT solutions across 26 countries.
Narrative Update Mar 26

CWG Plc Delivers Strong FY 2025 Earnings Growth Driven by Revenue Expansion and Operational Efficiency

Revaluation Analyst: Qudus Adebara (Research Analyst, DLM Securities) Executive Summary CWG Plc recorded a robust financial performance for the year ended 31 December 2025, underpinned by strong revenue growth across its IT infrastructure, software, and managed services segments, alongside improved operational efficiency. Revenue increased by 41% YoY to ₦65.56 billion, driven largely by expansion in IT infrastructure services and software solutions.

Shareholder Returns

CWGNG ITNG Market
7D-7.3%4.8%-0.3%
1Y125.5%8.7%141.6%

Return vs Industry: CWG exceeded the NG IT industry which returned 8.7% over the past year.

Return vs Market: CWG underperformed the NG Market which returned 141.6% over the past year.

Price Volatility

Is CWG's price volatile compared to industry and market?
CWG volatility
CWG Average Weekly Movement9.1%
IT Industry Average Movement5.8%
Market Average Movement8.0%
10% most volatile stocks in NG Market10.7%
10% least volatile stocks in NG Market4.4%

Stable Share Price: CWG has not had significant price volatility in the past 3 months compared to the NG market.

Volatility Over Time: CWG's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1992273Adewale Adeyipowww.cwg-plc.com

CWG Plc engages in the supply, installation, integration, maintenance, and support of computer equipment, e-payment hardware, and ancillary equipment in Nigeria, Ghana, Uganda, and Cameroon. It operates through IT Infrastructure, Communication and Integrated Services, Managed Support Services, Software, and Platform segments. The IT Infrastructure segment supplies, installs, and supports computer hardware; and operates middleware systems and automated teller machines.

CWG Plc Fundamentals Summary

How do CWG's earnings and revenue compare to its market cap?
CWG fundamental statistics
Market cap₦58.07b
Earnings (TTM)₦5.01b
Revenue (TTM)₦69.69b
11.6x
P/E Ratio
0.8x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CWG income statement (TTM)
Revenue₦69.69b
Cost of Revenue₦53.60b
Gross Profit₦16.09b
Other Expenses₦11.09b
Earnings₦5.01b

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)1.98
Gross Margin23.09%
Net Profit Margin7.18%
Debt/Equity Ratio42.3%

How did CWG perform over the long term?

See historical performance and comparison

Dividends

3.0%
Current Dividend Yield
36%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/24 19:37
End of Day Share Price 2026/05/22 00:00
Earnings2026/03/31
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

CWG 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.