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OMAT

Omatek VenturesNGSE:OMATEK Stock Report

Market Cap

₦588.4m

7D

0%

1Y

-23.1%

Updated

22 Oct, 2021

Data

Company Financials
OMATEK fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

OMATEK Overview

Omatek Ventures Plc, through its subsidiaries, manufactures, distributes, and sells computers and home entertainment products.

Price History & Performance

Summary of all time highs, changes and price drops for Omatek Ventures
Historical stock prices
Current Share Price₦0.20
52 Week High₦0.20
52 Week Low₦0.24
Beta0.059
1 Month Change0%
3 Month Change0%
1 Year Change-23.08%
3 Year Change-60.00%
5 Year Change-60.00%
Change since IPO-95.70%

Recent News & Updates

Shareholder Returns

OMATEKNG TechNG Market
7D0%3.1%1.4%
1Y-23.1%28.1%41.3%

Return vs Industry: OMATEK underperformed the NG Tech industry which returned 28.1% over the past year.

Return vs Market: OMATEK underperformed the NG Market which returned 41.3% over the past year.

Price Volatility

Is OMATEK's price volatile compared to industry and market?
OMATEK volatility
OMATEK Beta0.059
Industry Beta1.15
Market Beta1

Stable Share Price: OMATEK is less volatile than 75% of NG stocks over the past 3 months, typically moving +/- 0% a week.

Volatility Over Time: OMATEK's weekly volatility (0%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1988n/an/ahttps://www.omatek.ng

Omatek Ventures Plc, through its subsidiaries, manufactures, distributes, and sells computers and home entertainment products. It also offers UPS, inverters, and solar systems; and monitors, scanners, wireless routers, tablet PC, LED lights, solar panels, servers, and tablets, as well as plasma LCD screens. In addition, the company provides engineering services.

Omatek Ventures Fundamentals Summary

How do Omatek Ventures's earnings and revenue compare to its market cap?
OMATEK fundamental statistics
Market Cap₦588.36m
Earnings (TTM)-₦1.87b
Revenue (TTM)₦22.11m

26.6x

P/S Ratio

-0.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
OMATEK income statement (TTM)
Revenue₦22.11m
Cost of Revenue₦17.24m
Gross Profit₦4.87m
Expenses₦1.88b
Earnings-₦1.87b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.64
Gross Margin22.03%
Net Profit Margin-8,480.05%
Debt/Equity Ratio-49.6%

How did OMATEK perform over the long term?

See historical performance and comparison

Valuation

Is Omatek Ventures undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: OMATEK (NGN0.2) is trading below our estimate of fair value (NGN0.55)

Significantly Below Fair Value: OMATEK is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: OMATEK is unprofitable, so we can't compare its PE Ratio to the Global Tech industry average.

PE vs Market: OMATEK is unprofitable, so we can't compare its PE Ratio to the NG market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: OMATEK has negative assets, so we can't compare its PB Ratio to the XX Tech industry average.


Future Growth

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

4.7%

Forecasted Tech 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 Omatek Ventures 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 Omatek Ventures performed over the past 5 years?

-6.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: OMATEK is currently unprofitable.

Growing Profit Margin: OMATEK is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: OMATEK is unprofitable, and losses have increased over the past 5 years at a rate of 6.3% per year.

Accelerating Growth: Unable to compare OMATEK's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: OMATEK is unprofitable, making it difficult to compare its past year earnings growth to the Tech industry (24.4%).


Return on Equity

High ROE: OMATEK's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Financial Health

How is Omatek Ventures's financial position?


Financial Position Analysis

Short Term Liabilities: OMATEK has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: OMATEK has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: OMATEK has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: OMATEK's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable OMATEK has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: OMATEK is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 25.1% per year.


Dividend

What is Omatek Ventures's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate OMATEK's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate OMATEK'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 OMATEK's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if OMATEK's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of OMATEK's dividend in 3 years as they are not forecast to pay a notable one for the NG market.


Next Steps

Management

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


CEO

Omatek Ventures has no CEO, or we have no data on them.


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

Omatek Ventures Plc's employee growth, exchange listings and data sources


Key Information

  • Name: Omatek Ventures Plc
  • Ticker: OMATEK
  • Exchange: NGSE
  • Founded: 1988
  • Industry: Technology Hardware, Storage and Peripherals
  • Sector: Tech
  • Market Cap: ₦588.358m
  • Shares outstanding: 2.94b
  • Website: https://www.omatek.ng

Location

  • Omatek Ventures Plc
  • Plot 11, Kudirat Abiola Way
  • Oregun Ikeja
  • Lagos
  • Nigeria

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/22 21:03
End of Day Share Price2021/10/22 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.