May & Baker Nigeria plc (NGX:MAYBAKER)

May & Baker Nigeria Statistics

Total Valuation

NGX:MAYBAKER has a market cap or net worth of NGN 80.57 billion. The enterprise value is 76.82 billion.

Market Cap	80.57B
Enterprise Value	76.82B

Important Dates

The last earnings date was Tuesday, April 28, 2026.

Earnings Date	Apr 28, 2026
Ex-Dividend Date	May 20, 2026

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 17.64.

PE Ratio	17.64
Forward PE	n/a
PS Ratio	2.17
PB Ratio	5.40
P/TBV Ratio	5.40
P/FCF Ratio	11.99
P/OCF Ratio	8.96
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 10.97, with an EV/FCF ratio of 11.44.

EV / Earnings	16.82
EV / Sales	2.07
EV / EBITDA	10.97
EV / EBIT	12.40
EV / FCF	11.44

Financial Position

The company has a current ratio of 2.27, with a Debt / Equity ratio of 0.28.

Current Ratio	2.27
Quick Ratio	1.40
Debt / Equity	0.28
Debt / EBITDA	0.59
Debt / FCF	0.62
Interest Coverage	10.46

Financial Efficiency

Return on equity (ROE) is 35.17% and return on invested capital (ROIC) is 35.25%.

Return on Equity (ROE)	35.17%
Return on Assets (ROA)	14.61%
Return on Invested Capital (ROIC)	35.25%
Return on Capital Employed (ROCE)	33.07%
Weighted Average Cost of Capital (WACC)	7.10%
Revenue Per Employee	93.59M
Profits Per Employee	11.50M
Employee Count	397
Asset Turnover	1.40
Inventory Turnover	2.96

Taxes

In the past 12 months, NGX:MAYBAKER has paid 2.16 billion in taxes.

Income Tax	2.16B
Effective Tax Rate	32.16%

Stock Price Statistics

The stock price has increased by +257.85% in the last 52 weeks. The beta is 0.49, so NGX:MAYBAKER's price volatility has been lower than the market average.

Beta (5Y)	0.49
52-Week Price Change	+257.85%
50-Day Moving Average	40.05
200-Day Moving Average	27.53
Relative Strength Index (RSI)	66.08
Average Volume (20 Days)	1,873,445

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 37.16 billion and earned 4.57 billion in profits. Earnings per share was 2.65.

Revenue	37.16B
Gross Profit	12.46B
Operating Income	6.22B
Pretax Income	6.73B
Net Income	4.57B
EBITDA	7.02B
EBIT	6.22B
Earnings Per Share (EPS)	2.65

Balance Sheet

The company has 7.91 billion in cash and 4.17 billion in debt, with a net cash position of 3.75 billion or 2.17 per share.

Cash & Cash Equivalents	7.91B
Total Debt	4.17B
Net Cash	3.75B
Net Cash Per Share	2.17
Equity (Book Value)	14.93B
Book Value Per Share	8.65
Working Capital	10.19B

Cash Flow

In the last 12 months, operating cash flow was 8.99 billion and capital expenditures -2.27 billion, giving a free cash flow of 6.72 billion.

Operating Cash Flow	8.99B
Capital Expenditures	-2.27B
Depreciation & Amortization	803.92M
Net Borrowing	-3.54B
Free Cash Flow	6.72B
FCF Per Share	3.89

Margins

Gross margin is 33.54%, with operating and profit margins of 16.74% and 12.29%.

Gross Margin	33.54%
Operating Margin	16.74%
Pretax Margin	18.11%
Profit Margin	12.29%
EBITDA Margin	18.90%
EBIT Margin	16.74%
FCF Margin	18.08%

Dividends & Yields

This stock pays an annual dividend of 0.40, which amounts to a dividend yield of 0.80%.

Dividend Per Share	0.40
Dividend Yield	0.80%
Dividend Growth (YoY)	25.00%
Years of Dividend Growth	1
Payout Ratio	15.11%
Buyback Yield	n/a
Shareholder Yield	0.80%
Earnings Yield	5.67%
FCF Yield	8.34%

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

Altman Z-Score	n/a
Piotroski F-Score	8