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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May '26 May 12, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	1,105,366	728,813	394,774	692,372	194,957	211,356
Market Cap Growth	175.76%	84.61%	-42.98%	255.14%	-7.76%	0.07%
Enterprise Value	1,683,082	1,390,697	895,684	941,963	239,670	151,910
Last Close Price	91.00	57.82	31.32	54.93	14.20	14.51
PE Ratio	-	-	-	-	3.56	9.58
Forward PE	-	20.74	-	10.55	5.24	7.87
PS Ratio	1.38	0.88	0.59	1.57	0.48	0.77
PB Ratio	7.46	5.65	1.86	8.74	1.14	1.64
P/TBV Ratio	7.46	5.65	1.86	8.73	1.14	1.64
P/FCF Ratio	12.91	-	-	15.99	2.46	2.76
P/OCF Ratio	6.86	53.30	-	11.02	1.85	1.65
PEG Ratio	-	0.77	0.77	0.77	0.77	0.77
EV/Sales Ratio	2.10	1.68	1.35	2.13	0.59	0.55
EV/EBITDA Ratio	8.80	9.87	27.11	10.26	2.52	3.20
EV/EBIT Ratio	12.04	14.37	40.12	11.43	2.78	3.90
EV/FCF Ratio	19.65	-	-	21.76	3.02	1.99
Debt / Equity Ratio	5.65	5.65	3.41	5.21	1.29	1.23
Debt / EBITDA Ratio	5.08	5.08	20.70	4.45	2.29	3.27
Debt / FCF Ratio	-	-	-	9.53	2.78	2.06
Net Debt / Equity Ratio	5.24	5.24	2.90	2.62	0.26	0.43
Net Debt / EBITDA Ratio	4.79	4.79	18.61	2.26	0.48	1.15
Net Debt / FCF Ratio	-21.71	-21.71	-1.51	4.80	0.57	0.72
Asset Turnover	0.82	0.82	0.81	0.81	0.95	0.87
Inventory Turnover	3.78	3.78	4.80	6.10	5.51	3.53
Quick Ratio	0.16	0.16	0.19	0.45	0.64	0.57
Current Ratio	0.43	0.43	0.53	0.77	1.09	0.98
Return on Equity (ROE)	-37.58%	-37.58%	-132.17%	-58.90%	36.51%	17.41%
Return on Assets (ROA)	6.00%	6.00%	1.69%	9.42%	12.64%	7.64%
Return on Invested Capital (ROIC)	11.63%	11.87%	4.01%	32.74%	28.68%	14.01%
Return on Capital Employed (ROCE)	55.60%	55.60%	8.90%	103.50%	46.60%	27.70%
Earnings Yield	-1.92%	-8.79%	-48.79%	-10.65%	28.08%	10.44%
FCF Yield	7.75%	-4.27%	-102.93%	6.25%	40.66%	36.19%
Dividend Yield	-	-	-	-	10.56%	6.89%
Payout Ratio	-	-	-	-	22.19%	82.60%
Total Shareholder Return	-	-	-	-	10.56%	6.89%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.