Meyer Plc (NGX:MEYER)
Nigeria flag Nigeria · Delayed Price · Currency is NGN
17.50
0.00 (0.00%)
At close: Nov 3, 2026

Meyer Financials Overview

Millions NGN. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
4,7384,2343,1242,2671,4351,118
Revenue Growth
17.68%35.54%37.81%57.96%28.35%35.10%
Gross Profit
1,8111,5041,034886.09415.67387.6
Operating Income
503.36327.74196.04190.67-122.98-22.23
Net Income
561.74461.03295.4235.96393.6233.67
Earnings Per Share
1.130.930.590.470.790.07
EPS Growth
34.47%56.99%25.53%-40.51%1028.57%-96.89%

Revenue by Segment

Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '24 Dec '23 Dec '22 Dec '21
Paints
4,1183,0922,2601,4041,101
Painting Services
116.5532.146.8130.8116.82
Total
4,2343,1242,2671,4351,118

Cash & Debt

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
2,5012,0511,5761,5211,3261,395
Total Debt
1.811.815.7824.1120.096.61
Net Cash (Debt)
2,4992,0491,5711,4971,3061,389
Net Cash Growth
38.05%30.48%4.89%14.64%-5.95%-40.59%
Net Cash Per Share
5.014.123.163.012.622.89

Cash Flow & CapEx

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
623.34426.4430.66105.72-153.87-310.23
Capital Expenditures
-53.52-37.99-33.38-41.74-14.04-13.41
Free Cash Flow
569.83388.46-2.7263.98-167.9-323.64
Free Cash Flow Growth
127.43%-----

Margins

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
38.21%35.52%33.10%39.09%28.97%34.67%
Operating Margin
10.62%7.74%6.28%8.41%-8.57%-1.99%
Pretax Margin
18.01%15.89%14.65%15.48%-1.20%5.39%
Profit Margin
11.86%10.89%9.46%10.41%27.43%3.01%
FCF Margin
12.03%9.17%-0.09%2.82%-11.70%-28.95%

Dividends

Fiscal Year
CurrentFY 2025FY 2024FY 2023
Period EndingNov '26 Dec '25 Dec '24 Dec '23
Dividend Per Share
0.4500.4500.3000.300
Dividend Per Share Growth
50.00%50.00%0%-
Dividend Yield
2.57%3.48%3.56%8.36%

Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
15.5313.9814.207.572.876.80
P/FCF Ratio
15.2916.59-27.93--
PS Ratio
1.841.521.340.790.790.21