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

Meyer Statistics

Total Valuation

Meyer has a market cap or net worth of NGN 8.31 billion. The enterprise value is 6.18 billion.

Market Cap8.31B
Enterprise Value 6.18B

Important Dates

The last earnings date was Monday, July 27, 2026.

Earnings Date Jul 27, 2026
Ex-Dividend Date May 4, 2026

Share Statistics

Meyer has 497.73 million shares outstanding. The number of shares has decreased by -0.03% in one year.

Current Share Class 497.73M
Shares Outstanding 497.73M
Shares Change (YoY) -0.03%
Shares Change (QoQ) +2.43%
Owned by Insiders (%) n/a
Owned by Institutions (%) n/a
Float n/a

Valuation Ratios

The trailing PE ratio is 16.44.

PE Ratio 16.44
Forward PE n/a
PS Ratio 1.81
PB Ratio 3.74
P/TBV Ratio 3.78
P/FCF Ratio 29.82
P/OCF Ratio 24.71
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 13.12, with an EV/FCF ratio of 22.16.

EV / Earnings 12.20
EV / Sales 1.35
EV / EBITDA 13.12
EV / EBIT 16.03
EV / FCF 22.16

Financial Position

The company has a current ratio of 2.49, with a Debt / Equity ratio of 0.00.

Current Ratio 2.49
Quick Ratio 2.15
Debt / Equity 0.00
Debt / EBITDA 0.00
Debt / FCF 0.01
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is 24.39% and return on invested capital (ROIC) is 8,019.82%.

Return on Equity (ROE) 24.39%
Return on Assets (ROA) 7.44%
Return on Invested Capital (ROIC) 8,019.82%
Return on Capital Employed (ROCE) 17.04%
Weighted Average Cost of Capital (WACC) 2.56%
Revenue Per Employee 58.04M
Profits Per Employee 6.41M
Employee Count79
Asset Turnover 1.42
Inventory Turnover 7.20

Taxes

In the past 12 months, Meyer has paid 226.18 million in taxes.

Income Tax 226.18M
Effective Tax Rate 30.84%

Stock Price Statistics

The stock price has decreased by -7.99% in the last 52 weeks. The beta is -0.31, so Meyer's price volatility has been lower than the market average.

Beta (5Y) -0.31
52-Week Price Change -7.99%
50-Day Moving Average 18.97
200-Day Moving Average 17.87
Relative Strength Index (RSI) 6.10
Average Volume (20 Days) 173,440

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 4.58 billion and earned 506.30 million in profits. Earnings per share was 1.02.

Revenue4.58B
Gross Profit 1.64B
Operating Income 385.30M
Pretax Income 733.32M
Net Income 506.30M
EBITDA 419.10M
EBIT 385.30M
Earnings Per Share (EPS) 1.02
Full Income Statement

Balance Sheet

The company has 2.14 billion in cash and 1.81 million in debt, with a net cash position of 2.14 billion or 4.29 per share.

Cash & Cash Equivalents 2.14B
Total Debt 1.81M
Net Cash 2.14B
Net Cash Per Share 4.29
Equity (Book Value) 2.22B
Book Value Per Share 4.46
Working Capital 1.82B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 336.35 million and capital expenditures -57.58 million, giving a free cash flow of 278.77 million.

Operating Cash Flow 336.35M
Capital Expenditures -57.58M
Depreciation & Amortization 33.81M
Net Borrowing -9,000
Free Cash Flow 278.77M
FCF Per Share 0.56
Full Cash Flow Statement

Margins

Gross margin is 35.76%, with operating and profit margins of 8.40% and 11.04%.

Gross Margin 35.76%
Operating Margin 8.40%
Pretax Margin 15.99%
Profit Margin 11.04%
EBITDA Margin 9.14%
EBIT Margin 8.40%
FCF Margin 6.08%

Dividends & Yields

This stock pays an annual dividend of 0.45, which amounts to a dividend yield of 2.69%.

Dividend Per Share 0.45
Dividend Yield 2.69%
Dividend Growth (YoY) 50.00%
Years of Dividend Growth n/a
Payout Ratio 44.24%
Buyback Yield 0.03%
Shareholder Yield 2.72%
Earnings Yield 6.09%
FCF Yield 3.35%
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 7.23 and a Piotroski F-Score of 5.

Altman Z-Score 7.23
Piotroski F-Score 5