Nigerian Aviation Handling Company Plc

NGSE:NAHCO Stock Report

Market Cap: ₦190.8b

Nigerian Aviation Handling (NAHCO) Stock Overview

Provides aircraft and cargo handling, passenger handling, passenger profiling, and crew transportation services in Nigeria. More details

NAHCO fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance6/6
Financial Health5/6
Dividends5/6

Rewards

Trading at 71.1% below our estimate of its fair value

Earnings grew by 139.6% over the past year

Risk Analysis

Unstable dividend track record


NAHCO Community Fair Values

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See what 27 others think this stock is worth. Follow their fair value or set your own to get alerts.

NAHCO logo
Nigerian Aviation Handling
WA
WaneInvestmentHouse
Community Contributor

NAHCO Delivers Triple-Digit Profit Growth on Robust Revenue and Operational Gains in Q1 report

Nigerian Aviation Handling Company Plc (NAHCO) has kicked off 2025 on a strong note, reporting a profit after tax of ₦4.35 billion for the first quarter ended March 31—a 173% surge from the ₦1.59 billion earned in Q1 2024. This robust performance reflects a powerful combination of revenue expansion and improved operational efficiency.
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₦131.35
FV
25.5% undervalued intrinsic discount
43.15%
Revenue growth p.a.
0users have liked this narrative
6users have commented on this narrative
11users have followed this narrative
about 2 months ago author updated this narrative
View Nigerian Aviation Handling Community

Nigerian Aviation Handling Company Plc Competitors

Price History & Performance

Summary of share price highs, lows and changes for Nigerian Aviation Handling
Historical stock prices
Current Share Price₦97.90
52 Week High₦103.40
52 Week Low₦33.25
Beta-0.75
1 Month Change21.24%
3 Month Change40.06%
1 Year Change171.94%
3 Year Change1,163.23%
5 Year Change5,240.00%
Change since IPO2,489.96%

Recent News & Updates

Recent updates

Shareholder Returns

NAHCONG InfrastructureNG Market
7D7.6%0.2%0.3%
1Y171.9%96.3%18.9%

Return vs Industry: NAHCO exceeded the NG Infrastructure industry which returned 96.8% over the past year.

Return vs Market: NAHCO exceeded the NG Market which returned 18.7% over the past year.

Price Volatility

Is NAHCO's price volatile compared to industry and market?
NAHCO volatility
NAHCO Average Weekly Movement8.1%
Infrastructure Industry Average Movement6.9%
Market Average Movement7.6%
10% most volatile stocks in NG Market11.1%
10% least volatile stocks in NG Market4.8%

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

Volatility Over Time: NAHCO's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19792,052Muyiwa Olumekunwww.nahcoaviance.com

Nigerian Aviation Handling Company Plc provides aircraft and cargo handling, passenger handling, passenger profiling, and crew transportation services in Nigeria. It operates through Ground Handling, Cargo Handling, and Other segments. The company engages in ramp services and baggage handling.

Nigerian Aviation Handling Company Plc Fundamentals Summary

How do Nigerian Aviation Handling's earnings and revenue compare to its market cap?
NAHCO fundamental statistics
Market cap₦190.81b
Earnings (TTM)₦15.59b
Revenue (TTM)₦62.60b
12.2x
P/E Ratio
3.0x
P/S Ratio

Is NAHCO overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NAHCO income statement (TTM)
Revenue₦62.60b
Cost of Revenue₦24.48b
Gross Profit₦38.12b
Other Expenses₦22.53b
Earnings₦15.59b

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)8.00
Gross Margin60.89%
Net Profit Margin24.90%
Debt/Equity Ratio26.3%

How did NAHCO perform over the long term?

See historical performance and comparison

Dividends

6.1%
Current Dividend Yield
74%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/07/03 15:50
End of Day Share Price 2025/07/03 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

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

Nigerian Aviation Handling Company 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.