Northern Nigeria Flour Mills Plc (NGX:NNFM)

NGX:NNFM Statistics

Total Valuation

NGX:NNFM has a market cap or net worth of NGN 18.44 billion. The enterprise value is 17.56 billion.

Market Cap	18.44B
Enterprise Value	17.56B

Important Dates

The last earnings date was Friday, June 13, 2025.

Earnings Date	Jun 13, 2025
Ex-Dividend Date	Sep 18, 2025

Share Statistics

NGX:NNFM has 178.20 million shares outstanding.

Current Share Class	178.20M
Shares Outstanding	178.20M
Shares Change (YoY)	n/a
Shares Change (QoQ)	-0.06%
Owned by Insiders (%)	n/a
Owned by Institutions (%)	n/a
Float	n/a

Valuation Ratios

The trailing PE ratio is 10.57.

PE Ratio	10.57
Forward PE	n/a
PS Ratio	0.52
PB Ratio	1.90
P/TBV Ratio	1.90
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 5.56, with an EV/FCF ratio of -8.85.

EV / Earnings	10.06
EV / Sales	0.50
EV / EBITDA	5.56
EV / EBIT	6.08
EV / FCF	-8.85

Financial Position

The company has a current ratio of 1.18

Current Ratio	1.18
Quick Ratio	0.09
Debt / Equity	n/a
Debt / EBITDA	n/a
Debt / FCF	n/a
Interest Coverage	208.44

Financial Efficiency

Return on equity (ROE) is 19.64% and return on invested capital (ROIC) is 20.26%.

Return on Equity (ROE)	19.64%
Return on Assets (ROA)	7.45%
Return on Invested Capital (ROIC)	20.26%
Return on Capital Employed (ROCE)	26.97%
Revenue Per Employee	804.37M
Profits Per Employee	39.66M
Employee Count	44
Asset Turnover	1.46
Inventory Turnover	2.27

Taxes

In the past 12 months, NGX:NNFM has paid 1.14 billion in taxes.

Income Tax	1.14B
Effective Tax Rate	39.56%

Stock Price Statistics

The stock price has increased by +114.29% in the last 52 weeks. The beta is 0.52, so NGX:NNFM's price volatility has been lower than the market average.

Beta (5Y)	0.52
52-Week Price Change	+114.29%
50-Day Moving Average	110.94
200-Day Moving Average	69.29
Relative Strength Index (RSI)	44.56
Average Volume (20 Days)	355,162

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, NGX:NNFM had revenue of NGN 35.39 billion and earned 1.75 billion in profits. Earnings per share was 9.79.

Revenue	35.39B
Gross Profit	5.13B
Operating Income	2.89B
Pretax Income	2.89B
Net Income	1.75B
EBITDA	3.16B
EBIT	2.89B
Earnings Per Share (EPS)	9.79

Balance Sheet

The company has 880.17 million in cash and n/a in debt, giving a net cash position of 880.17 million or 4.94 per share.

Cash & Cash Equivalents	880.17M
Total Debt	n/a
Net Cash	880.17M
Net Cash Per Share	4.94
Equity (Book Value)	9.69B
Book Value Per Share	54.40
Working Capital	3.52B

Cash Flow

In the last 12 months, operating cash flow was -1.98 billion and capital expenditures -1.58 million, giving a free cash flow of -1.98 billion.

Operating Cash Flow	-1.98B
Capital Expenditures	-1.58M
Free Cash Flow	-1.98B
FCF Per Share	-11.14

Margins

Gross margin is 14.48%, with operating and profit margins of 8.16% and 4.93%.

Gross Margin	14.48%
Operating Margin	8.16%
Pretax Margin	8.16%
Profit Margin	4.93%
EBITDA Margin	8.92%
EBIT Margin	8.16%
FCF Margin	n/a

Dividends & Yields

This stock pays an annual dividend of 0.50, which amounts to a dividend yield of 0.48%.

Dividend Per Share	0.50
Dividend Yield	0.48%
Dividend Growth (YoY)	-50.00%
Years of Dividend Growth	3
Payout Ratio	4.14%
Buyback Yield	n/a
Shareholder Yield	0.48%
Earnings Yield	9.46%
FCF Yield	-10.76%

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 September 13, 2010. It was a forward split with a ratio of 1.2.

Last Split Date	Sep 13, 2010
Split Type	Forward
Split Ratio	1.2

Scores

NGX:NNFM has an Altman Z-Score of 2.07 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	2.07
Piotroski F-Score	4