Northern Nigeria Flour Mills Plc (NGX:NNFM)

NGX:NNFM Statistics

Total Valuation

NGX:NNFM has a market cap or net worth of NGN 16.69 billion. The enterprise value is 14.14 billion.

Market Cap	16.69B
Enterprise Value	14.14B

Important Dates

The last earnings date was Friday, October 24, 2025.

Earnings Date	Oct 24, 2025
Ex-Dividend Date	Sep 18, 2025

Share Statistics

NGX:NNFM has 178.20 million shares outstanding. The number of shares has decreased by -0.07% in one year.

Current Share Class	178.20M
Shares Outstanding	178.20M
Shares Change (YoY)	-0.07%
Shares Change (QoQ)	-0.03%
Owned by Insiders (%)	n/a
Owned by Institutions (%)	n/a
Float	n/a

Valuation Ratios

The trailing PE ratio is 9.86.

PE Ratio	9.86
Forward PE	n/a
PS Ratio	0.50
PB Ratio	1.68
P/TBV Ratio	1.68
P/FCF Ratio	n/a
P/OCF Ratio	10.03
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	8.35
EV / Sales	0.43
EV / EBITDA	4.91
EV / EBIT	5.01
EV / FCF	n/a

Financial Position

The company has a current ratio of 1.13

Current Ratio	1.13
Quick Ratio	0.30
Debt / Equity	n/a
Debt / EBITDA	n/a
Debt / FCF	n/a
Interest Coverage	47,032.55

Financial Efficiency

Return on equity (ROE) is 18.50% and return on invested capital (ROIC) is 19.27%.

Return on Equity (ROE)	18.50%
Return on Assets (ROA)	5.81%
Return on Invested Capital (ROIC)	19.27%
Return on Capital Employed (ROCE)	25.69%
Revenue Per Employee	755.91M
Profits Per Employee	38.48M
Employee Count	44
Asset Turnover	1.10
Inventory Turnover	1.79

Taxes

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

Income Tax	1.14B
Effective Tax Rate	40.28%

Stock Price Statistics

The stock price has increased by +175.44% in the last 52 weeks. The beta is 0.53, so NGX:NNFM's price volatility has been lower than the market average.

Beta (5Y)	0.53
52-Week Price Change	+175.44%
50-Day Moving Average	91.20
200-Day Moving Average	88.90
Relative Strength Index (RSI)	69.77
Average Volume (20 Days)	38,345

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 33.26 billion and earned 1.69 billion in profits. Earnings per share was 9.50.

Revenue	33.26B
Gross Profit	5.65B
Operating Income	2.82B
Pretax Income	2.83B
Net Income	1.69B
EBITDA	2.88B
EBIT	2.82B
Earnings Per Share (EPS)	9.50

Balance Sheet

The company has 2.54 billion in cash and n/a in debt, giving a net cash position of 2.54 billion or 14.28 per share.

Cash & Cash Equivalents	2.54B
Total Debt	n/a
Net Cash	2.54B
Net Cash Per Share	14.28
Equity (Book Value)	9.94B
Book Value Per Share	55.79
Working Capital	3.78B

Cash Flow

Operating Cash Flow	1.66B
Capital Expenditures	n/a
Free Cash Flow	n/a
FCF Per Share	n/a

Margins

Gross margin is 16.98%, with operating and profit margins of 8.48% and 5.09%.

Gross Margin	16.98%
Operating Margin	8.48%
Pretax Margin	8.52%
Profit Margin	5.09%
EBITDA Margin	8.66%
EBIT Margin	8.48%
FCF Margin	n/a

Dividends & Yields

This stock pays an annual dividend of 0.50, which amounts to a dividend yield of 0.53%.

Dividend Per Share	0.50
Dividend Yield	0.53%
Dividend Growth (YoY)	-50.00%
Years of Dividend Growth	3
Payout Ratio	2.63%
Buyback Yield	0.07%
Shareholder Yield	0.60%
Earnings Yield	10.14%
FCF Yield	n/a

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 1.6 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	1.6
Piotroski F-Score	4