Meyer Plc (NGX:MEYER)

Meyer Statistics

Total Valuation

Meyer has a market cap or net worth of NGN 10.40 billion. The enterprise value is 8.36 billion.

Market Cap	10.40B
Enterprise Value	8.36B

Important Dates

The last earnings date was Wednesday, January 28, 2026.

Earnings Date	Jan 28, 2026
Ex-Dividend Date	n/a

Share Statistics

Meyer has 497.73 million shares outstanding.

Current Share Class	497.73M
Shares Outstanding	497.73M
Shares Change (YoY)	n/a
Shares Change (QoQ)	-1.15%
Owned by Insiders (%)	n/a
Owned by Institutions (%)	n/a
Float	n/a

Valuation Ratios

The trailing PE ratio is 18.90.

PE Ratio	18.90
Forward PE	n/a
PS Ratio	2.46
PB Ratio	4.66
P/TBV Ratio	4.70
P/FCF Ratio	26.76
P/OCF Ratio	24.36
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 18.48, with an EV/FCF ratio of 21.49.

EV / Earnings	15.18
EV / Sales	1.97
EV / EBITDA	18.48
EV / EBIT	21.30
EV / FCF	21.49

Financial Position

The company has a current ratio of 2.58, with a Debt / Equity ratio of 0.00.

Current Ratio	2.58
Quick Ratio	2.10
Debt / Equity	0.00
Debt / EBITDA	0.00
Debt / FCF	0.00
Interest Coverage	2,293.65

Financial Efficiency

Return on equity (ROE) is 27.10% and return on invested capital (ROIC) is 140.83%.

Return on Equity (ROE)	27.10%
Return on Assets (ROA)	7.80%
Return on Invested Capital (ROIC)	140.83%
Return on Capital Employed (ROCE)	17.22%
Weighted Average Cost of Capital (WACC)	1.86%
Revenue Per Employee	53.58M
Profits Per Employee	6.97M
Employee Count	79
Asset Turnover	1.35
Inventory Turnover	6.06

Taxes

In the past 12 months, Meyer has paid 186.74 million in taxes.

Income Tax	186.74M
Effective Tax Rate	25.33%

Stock Price Statistics

The stock price has increased by +125.95% in the last 52 weeks. The beta is -0.43, so Meyer's price volatility has been lower than the market average.

Beta (5Y)	-0.43
52-Week Price Change	+125.95%
50-Day Moving Average	15.87
200-Day Moving Average	14.80
Relative Strength Index (RSI)	93.99
Average Volume (20 Days)	302,261

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, Meyer had revenue of NGN 4.23 billion and earned 550.36 million in profits. Earnings per share was 1.11.

Revenue	4.23B
Gross Profit	1.50B
Operating Income	392.21M
Pretax Income	737.10M
Net Income	550.36M
EBITDA	423.50M
EBIT	392.21M
Earnings Per Share (EPS)	1.11

Balance Sheet

The company has 2.05 billion in cash and 1.82 million in debt, with a net cash position of 2.05 billion or 4.12 per share.

Cash & Cash Equivalents	2.05B
Total Debt	1.82M
Net Cash	2.05B
Net Cash Per Share	4.12
Equity (Book Value)	2.23B
Book Value Per Share	4.48
Working Capital	1.85B

Cash Flow

In the last 12 months, operating cash flow was 427.03 million and capital expenditures -38.31 million, giving a free cash flow of 388.72 million.

Operating Cash Flow	427.03M
Capital Expenditures	-38.31M
Free Cash Flow	388.72M
FCF Per Share	0.78

Margins

Gross margin is 35.50%, with operating and profit margins of 9.27% and 13.00%.

Gross Margin	35.50%
Operating Margin	9.27%
Pretax Margin	17.41%
Profit Margin	13.00%
EBITDA Margin	10.00%
EBIT Margin	9.27%
FCF Margin	9.18%

Dividends & Yields

This stock pays an annual dividend of 0.30, which amounts to a dividend yield of 1.44%.

Dividend Per Share	0.30
Dividend Yield	1.44%
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	27.13%
Buyback Yield	n/a
Shareholder Yield	1.58%
Earnings Yield	5.29%
FCF Yield	3.74%

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 August 14, 2007. It was a forward split with a ratio of 1.2.

Last Split Date	Aug 14, 2007
Split Type	Forward
Split Ratio	1.2

Scores

Meyer has an Altman Z-Score of 6.17 and a Piotroski F-Score of 6.

Altman Z-Score	6.17
Piotroski F-Score	6