Meyer Plc (NGX:MEYER)
Nigeria flag Nigeria · Delayed Price · Currency is NGN
16.70
0.00 (0.00%)
At close: Aug 12, 2026

Meyer Financials Overview

Millions NGN. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
4,5854,2343,1242,2671,4351,118
Revenue Growth
19.94%35.54%37.81%57.96%28.35%35.10%
Gross Profit
1,6401,5041,034886.09415.67387.6
Operating Income
385.3327.74196.04190.67-122.98-22.23
Net Income
506.3461.03295.4235.96393.6233.67
Earnings Per Share
1.020.930.590.470.790.07
EPS Growth
11.93%56.99%25.53%-40.51%1028.57%-96.89%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Paints
4,4514,1183,0922,2601,4041,101
Painting Services
133.9116.5532.146.8130.8116.82
Total
4,5854,2343,1242,2671,4351,118

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
2,1392,0511,5761,5211,3261,395
Total Debt
1.811.815.7824.1120.096.61
Net Cash (Debt)
2,1372,0491,5711,4971,3061,389
Net Cash Growth
15.84%30.48%4.89%14.64%-5.95%-40.59%
Net Cash Per Share
4.294.123.163.012.622.89

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
336.35426.4430.66105.72-153.87-310.23
Capital Expenditures
-57.58-37.99-33.38-41.74-14.04-13.41
Free Cash Flow
278.77388.46-2.7263.98-167.9-323.64
Free Cash Flow Growth
-5.99%-----

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
35.77%35.52%33.10%39.09%28.97%34.67%
Operating Margin
8.40%7.74%6.28%8.41%-8.57%-1.99%
Pretax Margin
15.99%15.89%14.65%15.48%-1.20%5.39%
Profit Margin
11.04%10.89%9.46%10.41%27.43%3.01%
FCF Margin
6.08%9.17%-0.09%2.82%-11.70%-28.95%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023
Period EndingAug '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
2.69%3.57%3.80%9.44%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
16.4413.9814.207.572.876.80
P/FCF Ratio
29.8216.59-27.93--
PS Ratio
1.811.521.340.790.790.21