The Initiates Plc (NGX:TIP)
32.00
-1.45 (-4.33%)
At close: Jun 15, 2026
The Initiates Ratios and Metrics
Market cap in millions NGN. Fiscal year is January - December.
Millions NGN. Fiscal year is Jan - Dec.
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 12, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| 28,479 | 11,837 | 2,225 | 1,023 | 427 | 329 | |
Market Cap Growth | 419.48% | 432.00% | 117.39% | 139.58% | 29.73% | -28.85% |
Enterprise Value | 27,332 | 11,694 | 2,701 | 1,704 | 837 | 332 |
Last Close Price | 32.00 | 13.09 | 2.20 | 0.98 | 0.41 | 0.32 |
PE Ratio | 6.78 | 3.49 | 1.61 | 2.94 | - | - |
PS Ratio | 2.02 | 1.01 | 0.48 | 0.55 | 0.51 | 0.99 |
PB Ratio | 4.13 | 2.06 | 0.90 | 0.87 | 0.60 | 0.43 |
P/TBV Ratio | 4.14 | 2.06 | 0.90 | 0.87 | 0.60 | 0.43 |
P/FCF Ratio | 26.16 | 3.98 | 16.25 | - | - | - |
P/OCF Ratio | 5.46 | 2.47 | 3.44 | 3.50 | 1.68 | 21.18 |
EV/Sales Ratio | 1.94 | 1.00 | 0.58 | 0.92 | 1.00 | 0.99 |
EV/EBITDA Ratio | 4.08 | 2.22 | 1.30 | 3.36 | 21.38 | 32.23 |
EV/EBIT Ratio | 4.19 | 2.29 | 1.35 | 3.71 | - | - |
EV/FCF Ratio | 25.11 | 3.93 | 19.73 | - | - | - |
Debt / Equity Ratio | 0.01 | 0.02 | 0.21 | 0.70 | 0.98 | 0.91 |
Debt / EBITDA Ratio | 0.02 | 0.02 | 0.26 | 1.62 | 17.88 | 68.00 |
Debt / FCF Ratio | 0.09 | 0.03 | 3.86 | - | - | - |
Net Debt / Equity Ratio | -0.17 | -0.42 | 0.20 | 0.53 | 0.76 | 0.06 |
Net Debt / EBITDA Ratio | -0.18 | -0.46 | 0.23 | 1.22 | 13.82 | 4.06 |
Net Debt / FCF Ratio | -1.05 | -0.82 | 3.52 | -484.20 | -1.42 | -5.62 |
Asset Turnover | 1.45 | 1.39 | 1.21 | 0.80 | 0.43 | 0.23 |
Inventory Turnover | 110.44 | 173.22 | 103.33 | 84.30 | 61.92 | 48.81 |
Quick Ratio | 1.20 | 1.39 | 1.42 | 0.97 | 0.76 | 3.99 |
Current Ratio | 1.70 | 1.43 | 1.44 | 1.11 | 0.92 | 4.52 |
Return on Equity (ROE) | 86.21% | 82.36% | 75.55% | 36.83% | -7.26% | -9.59% |
Return on Assets (ROA) | 40.57% | 37.95% | 32.65% | 12.35% | -0.15% | -1.44% |
Return on Invested Capital (ROIC) | 92.75% | 109.10% | 56.73% | 20.17% | -0.46% | -4.09% |
Return on Capital Employed (ROCE) | 84.40% | 80.80% | 64.90% | 24.80% | -0.30% | -2.10% |
Earnings Yield | 14.75% | 28.62% | 62.01% | 34.02% | -12.57% | -23.46% |
FCF Yield | 3.82% | 25.12% | 6.15% | -0.13% | -88.88% | -2.26% |
Dividend Yield | 0.31% | - | 4.54% | 6.10% | - | - |
Payout Ratio | 2.12% | 2.63% | 4.09% | - | - | - |
Total Shareholder Return | 0.30% | - | 4.54% | 6.10% | - | - |