The Initiates Plc (NGX: TIP)

The Initiates Ratios and Metrics

Market cap in millions NGN. Fiscal year is January - December.

Fiscal Year	Current	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Nov 19, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Market Capitalization	2,047	1,023	427	329	463	623
Market Cap Growth	84.47%	139.58%	29.73%	-28.85%	-25.71%	4.48%
Enterprise Value	2,523	1,704	837	332	447	637
Last Close Price	2.30	1.12	0.47	0.36	0.50	0.68
PE Ratio	3.06	2.94	-	-	-	14.74
PS Ratio	0.71	0.55	0.51	0.99	1.03	1.13
PB Ratio	1.28	0.87	0.60	0.43	0.55	0.67
P/TBV Ratio	1.06	0.87	0.60	0.43	0.55	0.67
P/FCF Ratio	6.78	-	-	-	-	4.94
P/OCF Ratio	2.94	3.50	1.68	21.18	24.22	4.05
EV/Sales Ratio	0.87	0.92	0.99	0.99	1.00	1.16
EV/EBITDA Ratio	2.56	3.36	21.38	32.23	10.59	4.35
EV/EBIT Ratio	2.71	3.71	-	-	-	6.05
EV/FCF Ratio	8.35	-	-	-	-	5.05
Debt / Equity Ratio	0.36	0.70	0.98	0.91	0.02	-
Debt / EBITDA Ratio	0.59	1.62	17.88	68.00	0.40	-
Debt / FCF Ratio	1.93	-	-	-	-	-
Asset Turnover	0.90	0.80	0.43	0.23	0.39	0.48
Inventory Turnover	134.22	84.30	61.92	48.81	51.23	52.99
Quick Ratio	1.00	0.97	0.76	3.99	0.70	1.20
Current Ratio	1.03	1.11	0.92	4.52	1.46	2.20
Return on Equity (ROE)	52.01%	36.83%	-7.26%	-9.59%	-9.46%	5.17%
Return on Assets (ROA)	18.17%	12.35%	-0.15%	-1.44%	-0.04%	5.77%
Return on Capital (ROIC)	29.93%	16.84%	-0.21%	-1.82%	-0.06%	7.49%
Earnings Yield	32.63%	34.02%	-12.57%	-23.46%	-18.11%	6.78%
FCF Yield	14.76%	-0.13%	-88.88%	-2.26%	-3.72%	20.23%
Dividend Yield	2.62%	5.37%	-	-	-	-
Payout Ratio	8.51%	-	-	-	-	105.28%
Total Shareholder Return	2.62%	5.37%	-	-	-	-

Source: S&P Capital IQ. Standard template. Financial Sources.