Meyer Plc (NGX:MEYER)
Nigeria flag Nigeria · Delayed Price · Currency is NGN
20.60
0.00 (0.00%)
At close: Jul 2, 2026

Meyer Statistics

Total Valuation

Meyer has a market cap or net worth of NGN 10.25 billion. The enterprise value is 7.90 billion.

Market Cap10.25B
Enterprise Value 7.90B

Important Dates

The next estimated earnings date is Tuesday, July 28, 2026.

Earnings Date Jul 28, 2026
Ex-Dividend Date May 4, 2026

Share Statistics

Meyer has 497.73 million shares outstanding. The number of shares has decreased by -2.60% in one year.

Current Share Class 497.73M
Shares Outstanding 497.73M
Shares Change (YoY) -2.60%
Shares Change (QoQ) -1.72%
Owned by Insiders (%) n/a
Owned by Institutions (%) n/a
Float n/a

Valuation Ratios

The trailing PE ratio is 23.31.

PE Ratio 23.31
Forward PE n/a
PS Ratio 2.33
PB Ratio 4.49
P/TBV Ratio 4.53
P/FCF Ratio 22.37
P/OCF Ratio 20.99
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 21.84, with an EV/FCF ratio of 17.22.

EV / Earnings 18.08
EV / Sales 1.80
EV / EBITDA 21.84
EV / EBIT 27.20
EV / FCF 17.22

Financial Position

The company has a current ratio of 2.51, with a Debt / Equity ratio of 0.00.

Current Ratio 2.51
Quick Ratio 2.14
Debt / Equity 0.00
Debt / EBITDA 0.01
Debt / FCF 0.00
Interest Coverage 4,534.86

Financial Efficiency

Return on equity (ROE) is 20.40% and return on invested capital (ROIC) is 2,563.72%.

Return on Equity (ROE) 20.40%
Return on Assets (ROA) 5.43%
Return on Invested Capital (ROIC) 2,563.72%
Return on Capital Employed (ROCE) 12.49%
Weighted Average Cost of Capital (WACC) 2.05%
Revenue Per Employee 55.61M
Profits Per Employee 5.53M
Employee Count79
Asset Turnover 1.32
Inventory Turnover 7.18

Taxes

In the past 12 months, Meyer has paid 201.10 million in taxes.

Income Tax 201.10M
Effective Tax Rate 31.54%

Stock Price Statistics

The stock price has increased by +101.62% in the last 52 weeks. The beta is -0.40, so Meyer's price volatility has been lower than the market average.

Beta (5Y) -0.40
52-Week Price Change +101.62%
50-Day Moving Average 19.38
200-Day Moving Average 16.32
Relative Strength Index (RSI) 40.58
Average Volume (20 Days) 177,363

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 4.39 billion and earned 436.57 million in profits. Earnings per share was 0.88.

Revenue4.39B
Gross Profit 1.53B
Operating Income 290.23M
Pretax Income 637.68M
Net Income 436.57M
EBITDA 322.77M
EBIT 290.23M
Earnings Per Share (EPS) 0.88
Full Income Statement

Balance Sheet

The company has 2.36 billion in cash and 1.81 million in debt, with a net cash position of 2.36 billion or 4.74 per share.

Cash & Cash Equivalents 2.36B
Total Debt 1.81M
Net Cash 2.36B
Net Cash Per Share 4.74
Equity (Book Value) 2.28B
Book Value Per Share 4.58
Working Capital 1.91B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 488.50 million and capital expenditures -30.09 million, giving a free cash flow of 458.42 million.

Operating Cash Flow 488.50M
Capital Expenditures -30.09M
Depreciation & Amortization 32.54M
Net Borrowing -2.42M
Free Cash Flow 458.42M
FCF Per Share 0.92
Full Cash Flow Statement

Margins

Gross margin is 34.75%, with operating and profit margins of 6.61% and 9.94%.

Gross Margin 34.75%
Operating Margin 6.61%
Pretax Margin 14.52%
Profit Margin 9.94%
EBITDA Margin 7.35%
EBIT Margin 6.61%
FCF Margin 10.43%

Dividends & Yields

This stock pays an annual dividend of 0.45, which amounts to a dividend yield of 2.18%.

Dividend Per Share 0.45
Dividend Yield 2.18%
Dividend Growth (YoY) 50.00%
Years of Dividend Growth n/a
Payout Ratio 34.21%
Buyback Yield 2.60%
Shareholder Yield 4.20%
Earnings Yield 4.26%
FCF Yield 4.47%
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 6.36 and a Piotroski F-Score of 5.

Altman Z-Score 6.36
Piotroski F-Score 5