Mecure Industries PLC (NGX:MECURE)

Mecure Industries Statistics

Total Valuation

NGX:MECURE has a market cap or net worth of NGN 246.00 billion. The enterprise value is 294.85 billion.

Market Cap	246.00B
Enterprise Value	294.85B

Important Dates

The last earnings date was Thursday, February 26, 2026.

Earnings Date	Feb 26, 2026
Ex-Dividend Date	Apr 24, 2026

Share Statistics

NGX:MECURE has 4.00 billion shares outstanding.

Current Share Class	4.00B
Shares Outstanding	4.00B
Shares Change (YoY)	n/a
Shares Change (QoQ)	n/a
Owned by Insiders (%)	87.27%
Owned by Institutions (%)	n/a
Float	509.13M

Valuation Ratios

The trailing PE ratio is 38.07.

PE Ratio	38.07
Forward PE	n/a
PS Ratio	3.17
PB Ratio	12.41
P/TBV Ratio	12.41
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 13.42, with an EV/FCF ratio of -23.62.

EV / Earnings	45.62
EV / Sales	3.80
EV / EBITDA	13.42
EV / EBIT	18.11
EV / FCF	-23.62

Financial Position

The company has a current ratio of 1.26, with a Debt / Equity ratio of 2.79.

Current Ratio	1.26
Quick Ratio	0.75
Debt / Equity	2.79
Debt / EBITDA	2.52
Debt / FCF	-4.43
Interest Coverage	1.97

Financial Efficiency

Return on equity (ROE) is 38.26% and return on invested capital (ROIC) is 19.27%.

Return on Equity (ROE)	38.26%
Return on Assets (ROA)	14.88%
Return on Invested Capital (ROIC)	19.27%
Return on Capital Employed (ROCE)	33.08%
Weighted Average Cost of Capital (WACC)	10.36%
Revenue Per Employee	398.43M
Profits Per Employee	33.14M
Employee Count	192
Asset Turnover	1.14
Inventory Turnover	4.06

Taxes

In the past 12 months, NGX:MECURE has paid 1.47 billion in taxes.

Income Tax	1.47B
Effective Tax Rate	18.53%

Stock Price Statistics

The stock price has increased by +392.00% in the last 52 weeks. The beta is 1.04, so NGX:MECURE's price volatility has been similar to the market average.

Beta (5Y)	1.04
52-Week Price Change	+392.00%
50-Day Moving Average	88.03
200-Day Moving Average	39.41
Relative Strength Index (RSI)	10.42
Average Volume (20 Days)	262,904

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:MECURE had revenue of NGN 77.69 billion and earned 6.46 billion in profits. Earnings per share was 1.62.

Revenue	77.69B
Gross Profit	25.64B
Operating Income	16.29B
Pretax Income	7.93B
Net Income	6.46B
EBITDA	21.97B
EBIT	16.29B
Earnings Per Share (EPS)	1.62

Balance Sheet

The company has 6.48 billion in cash and 55.33 billion in debt, with a net cash position of -48.85 billion or -12.21 per share.

Cash & Cash Equivalents	6.48B
Total Debt	55.33B
Net Cash	-48.85B
Net Cash Per Share	-12.21
Equity (Book Value)	19.82B
Book Value Per Share	4.96
Working Capital	8.59B

Cash Flow

In the last 12 months, operating cash flow was -2.43 billion and capital expenditures -10.05 billion, giving a free cash flow of -12.48 billion.

Operating Cash Flow	-2.43B
Capital Expenditures	-10.05B
Free Cash Flow	-12.48B
FCF Per Share	-3.12

Margins

Gross margin is 33.00%, with operating and profit margins of 20.96% and 8.32%.

Gross Margin	33.00%
Operating Margin	20.96%
Pretax Margin	10.21%
Profit Margin	8.32%
EBITDA Margin	28.28%
EBIT Margin	20.96%
FCF Margin	n/a

Dividends & Yields

This stock pays an annual dividend of 0.32, which amounts to a dividend yield of 0.52%.

Dividend Per Share	0.32
Dividend Yield	0.52%
Dividend Growth (YoY)	113.33%
Years of Dividend Growth	n/a
Payout Ratio	9.28%
Buyback Yield	n/a
Shareholder Yield	0.52%
Earnings Yield	2.63%
FCF Yield	-5.07%

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

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

NGX:MECURE has an Altman Z-Score of 2.77 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	2.77
Piotroski F-Score	4