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ABCT

ABC TransportNGSE:ABCTRANS Stock Report

Market Cap

₦513.9m

7D

6.3%

1Y

13.3%

Updated

22 Oct, 2021

Data

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

ABCTRANS Overview

ABC Transport Plc provides road passenger transportation services in Nigeria and Ghana.

Price History & Performance

Summary of all time highs, changes and price drops for ABC Transport
Historical stock prices
Current Share Price₦0.34
52 Week High₦0.27
52 Week Low₦0.48
Beta0.38
1 Month Change3.03%
3 Month Change-5.56%
1 Year Change13.33%
3 Year Change13.33%
5 Year Change-32.00%
Change since IPO-78.26%

Recent News & Updates

Shareholder Returns

ABCTRANSNG TransportationNG Market
7D6.3%8.6%1.4%
1Y13.3%33.2%41.3%

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.

Price Volatility

Is ABCTRANS's price volatile compared to industry and market?
ABCTRANS volatility
ABCTRANS Beta0.38
Industry Beta0.98
Market Beta1

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

FoundedEmployeesCEOWebsite
19931,392Frank Nnejihttps://www.abctransport.com

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

How do ABC Transport's earnings and revenue compare to its market cap?
ABCTRANS fundamental statistics
Market Cap₦513.89m
Earnings (TTM)-₦578.18m
Revenue (TTM)₦7.75b

0.07x

P/S Ratio

-1.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ABCTRANS income statement (TTM)
Revenue₦7.75b
Cost of Revenue₦6.60b
Gross Profit₦1.15b
Expenses₦1.73b
Earnings-₦578.18m

Last Reported Earnings

Dec 31, 2020

Next Earnings Date

n/a

Earnings per share (EPS)-0.35
Gross Margin14.83%
Net Profit Margin-7.46%
Debt/Equity Ratio68.2%

How did ABCTRANS perform over the long term?

See historical performance and comparison

Valuation

Is ABC Transport 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: 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).


Future Growth

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

25.1%

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.


Past Performance

How has ABC Transport performed over the past 5 years?

-20.2%

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.


Financial Health

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.


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: 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.


Dividend

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.


Next Steps

Management

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


CEO

Frank Nneji

no data

Tenure

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...


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

ABC Transport Plc's employee growth, exchange listings and data sources


Key Information

  • 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


Location

  • ABC Transport Plc
  • Km 5 MCC Road
  • Umuoba, Uratta
  • Owerri
  • 1111
  • 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 15:43
End of Day Share Price2021/10/22 00:00
Earnings2020/12/31
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.