ABC Transport Plc provides road passenger transportation services in Nigeria and Ghana.
Price History & Performance
|Historical stock prices|
|Current Share Price||₦0.34|
|52 Week High||₦0.27|
|52 Week Low||₦0.48|
|1 Month Change||3.03%|
|3 Month Change||-5.56%|
|1 Year Change||13.33%|
|3 Year Change||13.33%|
|5 Year Change||-32.00%|
|Change since IPO||-78.26%|
Recent News & Updates
|ABCTRANS||NG Transportation||NG Market|
Return vs Industry: ABCTRANS underperformed the NG Transportation industry which returned 33.2% over the past year.
Return vs Market: ABCTRANS underperformed the NG Market which returned 41.3% over the past year.
Stable Share Price: ABCTRANS is more volatile than 75% of NG stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: ABCTRANS's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of NG stocks.
About the Company
ABC Transport Plc provides road passenger transportation services in Nigeria and Ghana. Its services include executive express, shuttle, coach West Africa, cargo express, haulage, and sprinter services. The company is also involved in the import and sale of vehicle spares; installation of motor vehicle speed governing devices; and assembly of heavy duty trucks.
ABC Transport Fundamentals Summary
|ABCTRANS fundamental statistics|
Is ABCTRANS overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ABCTRANS income statement (TTM)|
|Cost of Revenue||₦6.60b|
Last Reported Earnings
Dec 31, 2020
Next Earnings Date
|Earnings per share (EPS)||-0.35|
|Net Profit Margin||-7.46%|
How did ABCTRANS perform over the long term?See historical performance and comparison
Is ABC Transport 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: ABCTRANS (NGN0.34) is trading below our estimate of fair value (NGN10.09)
Significantly Below Fair Value: ABCTRANS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ABCTRANS is unprofitable, so we can't compare its PE Ratio to the Global Transportation industry average.
PE vs Market: ABCTRANS 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 ABCTRANS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ABCTRANS is overvalued based on its PB Ratio (0.7x) compared to the XF Transportation industry average (0.5x).
How is ABC Transport forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Transportation 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 ABC Transport 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 ABC Transport performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ABCTRANS is currently unprofitable.
Growing Profit Margin: ABCTRANS is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ABCTRANS is unprofitable, and losses have increased over the past 5 years at a rate of 20.2% per year.
Accelerating Growth: Unable to compare ABCTRANS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ABCTRANS is unprofitable, making it difficult to compare its past year earnings growth to the Transportation industry (21.7%).
Return on Equity
High ROE: ABCTRANS has a negative Return on Equity (-41.22%), as it is currently unprofitable.
How is ABC Transport's financial position?
Financial Position Analysis
Short Term Liabilities: ABCTRANS's short term assets (NGN2.5B) do not cover its short term liabilities (NGN4.2B).
Long Term Liabilities: ABCTRANS's short term assets (NGN2.5B) exceed its long term liabilities (NGN563.0M).
Debt to Equity History and Analysis
Debt Level: ABCTRANS's debt to equity ratio (68.2%) is considered high.
Reducing Debt: ABCTRANS's debt to equity ratio has reduced from 108.9% to 68.2% over the past 5 years.
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: Insufficient data to determine if ABCTRANS has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ABCTRANS has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is ABC Transport current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ABCTRANS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ABCTRANS'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 ABCTRANS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ABCTRANS's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: ABCTRANS is not paying a notable dividend for the NG market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ABCTRANS'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?
Mr. Frank Nneji, OON serves as the Chief Executive Officer, Managing Director and Director of ABC Transport Plc (a/k/a, Associated Bus Company Plc). Mr. Nneji served as the President of Owerri Chamber of C...
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.
ABC Transport Plc's employee growth, exchange listings and data sources
- Name: ABC Transport Plc
- Ticker: ABCTRANS
- Exchange: NGSE
- Founded: 1993
- Industry: Trucking
- Sector: Transportation
- Market Cap: ₦513.887m
- Shares outstanding: 1.66b
- Website: https://www.abctransport.com
Number of Employees
- ABC Transport Plc
- Km 5 MCC Road
- Umuoba, Uratta
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/22 15:43|
|End of Day Share Price||2021/10/22 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.