May & Baker Nigeria plc (NGX:MAYBAKER)

May & Baker Nigeria Statistics

Total Valuation

NGX:MAYBAKER has a market cap or net worth of NGN 27.60 billion. The enterprise value is 28.60 billion.

Market Cap	27.60B
Enterprise Value	28.60B

Important Dates

The last earnings date was Tuesday, October 28, 2025.

Earnings Date	Oct 28, 2025
Ex-Dividend Date	May 21, 2025

Share Statistics

NGX:MAYBAKER has 1.73 billion shares outstanding.

Current Share Class	1.73B
Shares Outstanding	1.73B
Shares Change (YoY)	n/a
Shares Change (QoQ)	+0.01%
Owned by Insiders (%)	n/a
Owned by Institutions (%)	n/a
Float	n/a

Valuation Ratios

The trailing PE ratio is 8.98.

PE Ratio	8.98
Forward PE	n/a
PS Ratio	0.75
PB Ratio	2.20
P/TBV Ratio	2.20
P/FCF Ratio	21.74
P/OCF Ratio	11.19
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 5.42, with an EV/FCF ratio of 22.52.

EV / Earnings	9.30
EV / Sales	0.78
EV / EBITDA	5.42
EV / EBIT	6.36
EV / FCF	22.52

Financial Position

The company has a current ratio of 2.03, with a Debt / Equity ratio of 0.51.

Current Ratio	2.03
Quick Ratio	0.91
Debt / Equity	0.51
Debt / EBITDA	1.20
Debt / FCF	5.05
Interest Coverage	6.16

Financial Efficiency

Return on equity (ROE) is 27.09% and return on invested capital (ROIC) is 16.64%.

Return on Equity (ROE)	27.09%
Return on Assets (ROA)	12.10%
Return on Invested Capital (ROIC)	16.64%
Return on Capital Employed (ROCE)	27.15%
Revenue Per Employee	92.21M
Profits Per Employee	7.75M
Employee Count	396
Asset Turnover	1.56
Inventory Turnover	2.59

Taxes

In the past 12 months, NGX:MAYBAKER has paid 1.64 billion in taxes.

Income Tax	1.64B
Effective Tax Rate	34.73%

Stock Price Statistics

The stock price has increased by +105.13% in the last 52 weeks. The beta is 0.05, so NGX:MAYBAKER's price volatility has been lower than the market average.

Beta (5Y)	0.05
52-Week Price Change	+105.13%
50-Day Moving Average	17.30
200-Day Moving Average	13.46
Relative Strength Index (RSI)	36.60
Average Volume (20 Days)	842,102

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, NGX:MAYBAKER had revenue of NGN 36.61 billion and earned 3.08 billion in profits. Earnings per share was 1.78.

Revenue	36.61B
Gross Profit	11.28B
Operating Income	4.55B
Pretax Income	4.71B
Net Income	3.08B
EBITDA	5.33B
EBIT	4.55B
Earnings Per Share (EPS)	1.78

Balance Sheet

The company has 5.42 billion in cash and 6.42 billion in debt, giving a net cash position of -1.00 billion or -0.58 per share.

Cash & Cash Equivalents	5.42B
Total Debt	6.42B
Net Cash	-1.00B
Net Cash Per Share	-0.58
Equity (Book Value)	12.55B
Book Value Per Share	7.27
Working Capital	9.24B

Cash Flow

In the last 12 months, operating cash flow was 2.47 billion and capital expenditures -1.20 billion, giving a free cash flow of 1.27 billion.

Operating Cash Flow	2.47B
Capital Expenditures	-1.20B
Free Cash Flow	1.27B
FCF Per Share	0.74

Margins

Gross margin is 30.80%, with operating and profit margins of 12.43% and 8.40%.

Gross Margin	30.80%
Operating Margin	12.43%
Pretax Margin	12.87%
Profit Margin	8.40%
EBITDA Margin	14.56%
EBIT Margin	12.43%
FCF Margin	3.47%

Dividends & Yields

This stock pays an annual dividend of 0.40, which amounts to a dividend yield of 2.27%.

Dividend Per Share	0.40
Dividend Yield	2.27%
Dividend Growth (YoY)	33.33%
Years of Dividend Growth	n/a
Payout Ratio	22.44%
Buyback Yield	n/a
Shareholder Yield	2.27%
Earnings Yield	11.14%
FCF Yield	4.60%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on June 14, 2010. It was a forward split with a ratio of 1.40001.

Last Split Date	Jun 14, 2010
Split Type	Forward
Split Ratio	1.40001

Scores

NGX:MAYBAKER has an Altman Z-Score of 3.77 and a Piotroski F-Score of 6.

Altman Z-Score	3.77
Piotroski F-Score	6