Meyer Plc (NGX:MEYER)
Nigeria flag Nigeria · Delayed Price · Currency is NGN
21.35
+1.90 (9.77%)
At close: Jul 10, 2025

Meyer Statistics

Total Valuation

Meyer has a market cap or net worth of NGN 10.63 billion. The enterprise value is 8.82 billion.

Market Cap 10.63B
Enterprise Value 8.82B

Important Dates

The next estimated earnings date is Monday, July 28, 2025.

Earnings Date Jul 28, 2025
Ex-Dividend Date May 12, 2025

Share Statistics

Meyer has 497.73 million shares outstanding. The number of shares has increased by 2.39% in one year.

Current Share Class 497.73M
Shares Outstanding 497.73M
Shares Change (YoY) +2.39%
Shares Change (QoQ) +26.75%
Owned by Insiders (%) 13.65%
Owned by Institutions (%) n/a
Float 119.41M

Valuation Ratios

The trailing PE ratio is 24.53.

PE Ratio 24.53
Forward PE n/a
PS Ratio 2.96
PB Ratio 5.32
P/TBV Ratio 5.38
P/FCF Ratio 55.50
P/OCF Ratio 48.41
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 19.82, with an EV/FCF ratio of 46.05.

EV / Earnings 19.89
EV / Sales 2.46
EV / EBITDA 19.82
EV / EBIT 22.51
EV / FCF 46.05

Financial Position

The company has a current ratio of 2.61, with a Debt / Equity ratio of 0.00.

Current Ratio 2.61
Quick Ratio 2.22
Debt / Equity 0.00
Debt / EBITDA 0.01
Debt / FCF 0.02
Interest Coverage 228.29

Financial Efficiency

Return on equity (ROE) is 23.96% and return on invested capital (ROIC) is 13.15%.

Return on Equity (ROE) 23.96%
Return on Assets (ROA) 8.67%
Return on Invested Capital (ROIC) 13.15%
Return on Capital Employed (ROCE) 19.18%
Revenue Per Employee 49.16M
Profits Per Employee 6.07M
Employee Count 74
Asset Turnover 1.27
Inventory Turnover 7.42

Taxes

In the past 12 months, Meyer has paid 236.72 million in taxes.

Income Tax 236.72M
Effective Tax Rate 34.81%

Stock Price Statistics

The stock price has increased by +266.98% in the last 52 weeks. The beta is -0.88, so Meyer's price volatility has been lower than the market average.

Beta (5Y) -0.88
52-Week Price Change +266.98%
50-Day Moving Average 10.19
200-Day Moving Average 9.01
Relative Strength Index (RSI) 94.30
Average Volume (20 Days) 370,830

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 3.59 billion and earned 443.27 million in profits. Earnings per share was 0.87.

Revenue 3.59B
Gross Profit 1.28B
Operating Income 391.74M
Pretax Income 679.99M
Net Income 443.27M
EBITDA 417.36M
EBIT 391.74M
Earnings Per Share (EPS) 0.87
Full Income Statement

Balance Sheet

The company has 1.82 billion in cash and 4.23 million in debt, giving a net cash position of 1.81 billion or 3.64 per share.

Cash & Cash Equivalents 1.82B
Total Debt 4.23M
Net Cash 1.81B
Net Cash Per Share 3.64
Equity (Book Value) 2.00B
Book Value Per Share 4.01
Working Capital 1.69B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 219.50 million and capital expenditures -28.03 million, giving a free cash flow of 191.48 million.

Operating Cash Flow 219.50M
Capital Expenditures -28.03M
Free Cash Flow 191.48M
FCF Per Share 0.38
Full Cash Flow Statement

Margins

Gross margin is 35.73%, with operating and profit margins of 10.92% and 12.35%.

Gross Margin 35.73%
Operating Margin 10.92%
Pretax Margin 18.95%
Profit Margin 12.35%
EBITDA Margin 11.63%
EBIT Margin 10.92%
FCF Margin 5.34%

Dividends & Yields

This stock pays an annual dividend of 0.30, which amounts to a dividend yield of 1.54%.

Dividend Per Share 0.30
Dividend Yield 1.54%
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio 33.69%
Buyback Yield -2.39%
Shareholder Yield -0.84%
Earnings Yield 4.17%
FCF Yield 1.80%
Dividend Details

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 4.94 and a Piotroski F-Score of 4.

Altman Z-Score 4.94
Piotroski F-Score 4