Dangote Sugar Refinery Ratios and Metrics

Market cap in millions NGN. Fiscal year is January - December.

Millions NGN. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Feb '26 Feb 18, 2026	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Market Capitalization	996,044	394,774	692,372	194,957	211,356	211,200
Market Cap Growth	127.78%	-42.98%	255.14%	-7.76%	0.07%	29.41%
Enterprise Value	1,657,928	895,684	941,963	239,670	151,910	146,424
Last Close Price	82.00	32.50	57.00	14.73	15.06	13.93
PE Ratio	-	-	-	3.56	9.58	7.10
Forward PE	-	-	10.55	5.24	7.87	7.82
PS Ratio	1.23	0.59	1.57	0.48	0.77	0.99
PB Ratio	5.02	1.86	8.74	1.14	1.64	1.69
P/TBV Ratio	5.02	1.86	8.73	1.14	1.64	1.69
P/FCF Ratio	-	-	15.99	2.46	2.76	6.34
P/OCF Ratio	-	-	11.02	1.85	1.65	3.51
PEG Ratio	-	0.77	0.77	0.77	0.77	0.83
EV/Sales Ratio	2.05	1.35	2.13	0.59	0.55	0.68
EV/EBITDA Ratio	16.62	27.11	10.26	2.52	3.20	2.51
EV/EBIT Ratio	21.62	40.12	11.43	2.78	3.90	2.86
EV/FCF Ratio	-12.61	-	21.76	3.02	1.99	4.39
Debt / Equity Ratio	3.74	3.41	5.21	1.29	1.23	0.78
Debt / EBITDA Ratio	7.44	20.70	4.45	2.29	3.27	1.65
Debt / FCF Ratio	-	-	9.53	2.78	2.06	2.92
Net Debt / Equity Ratio	3.34	2.90	2.62	0.26	0.43	0.42
Net Debt / EBITDA Ratio	6.78	18.61	2.26	0.48	1.15	0.90
Net Debt / FCF Ratio	-5.03	-1.53	4.80	0.57	0.72	1.58
Asset Turnover	0.96	0.81	0.81	0.95	0.87	0.91
Inventory Turnover	4.71	4.80	6.10	5.51	3.53	2.86
Quick Ratio	0.23	0.19	0.45	0.64	0.57	0.45
Current Ratio	0.48	0.53	0.77	1.09	0.98	1.24
Return on Equity (ROE)	-40.39%	-132.17%	-58.90%	36.51%	17.41%	25.57%
Return on Assets (ROA)	5.70%	1.69%	9.42%	12.64%	7.64%	13.59%
Return on Invested Capital (ROIC)	9.36%	4.01%	32.74%	28.68%	14.01%	25.31%
Return on Capital Employed (ROCE)	37.60%	8.90%	103.50%	46.60%	27.70%	37.70%
Earnings Yield	-1.89%	-48.79%	-10.65%	28.08%	10.44%	14.09%
FCF Yield	-13.20%	-101.84%	6.25%	40.66%	36.19%	15.79%
Dividend Yield	-	-	-	10.18%	6.64%	10.77%
Payout Ratio	-	-	-	22.19%	82.60%	44.35%
Buyback Yield / Dilution	-	-	-	-	-	-1.22%
Total Shareholder Return	-	-	-	10.18%	6.64%	9.54%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.