The Initiates Statistics

Total Valuation

The Initiates has a market cap or net worth of NGN 2.06 billion. The enterprise value is 2.53 billion.

Market Cap	2.06B
Enterprise Value	2.53B

Important Dates

The next estimated earnings date is Monday, January 27, 2025.

Earnings Date	Jan 27, 2025
Ex-Dividend Date	Jul 8, 2024

Share Statistics

The Initiates has 889.98 million shares outstanding. The number of shares has decreased by -0.00% in one year.

Current Share Class	n/a
Shares Outstanding	889.98M
Shares Change (YoY)	-0.00%
Shares Change (QoQ)	-0.00%
Owned by Insiders (%)	35.47%
Owned by Institutions (%)	n/a
Float	259.75M

Valuation Ratios

The trailing PE ratio is 3.08.

PE Ratio	3.08
Forward PE	n/a
PS Ratio	0.71
PB Ratio	1.28
P/TBV Ratio	1.28
P/FCF Ratio	6.81
P/OCF Ratio	n/a
PEG Ratio	n/a

Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 2.57, with an EV/FCF ratio of 8.38.

EV / Earnings	3.78
EV / Sales	0.88
EV / EBITDA	2.57
EV / EBIT	2.72
EV / FCF	8.38

Financial Position

The company has a current ratio of 1.03, with a Debt / Equity ratio of 0.36.

Current Ratio	1.03
Quick Ratio	1.00
Debt / Equity	0.36
Debt / EBITDA	0.59
Debt / FCF	1.93
Interest Coverage	15.39

Financial Efficiency

Return on equity (ROE) is 52.01% and return on invested capital (ROIC) is 29.93%.

Return on Equity (ROE)	52.01%
Return on Assets (ROA)	18.17%
Return on Capital (ROIC)	29.93%
Revenue Per Employee	58.99M
Profits Per Employee	13.65M
Employee Count	50
Asset Turnover	0.90
Inventory Turnover	134.22

Taxes

Income Tax	n/a
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has increased by +113.89% in the last 52 weeks.

Beta (5Y)	n/a
52-Week Price Change	+113.89%
50-Day Moving Average	2.26
200-Day Moving Average	2.10
Relative Strength Index (RSI)	51.64
Average Volume (20 Days)	780,183

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, The Initiates had revenue of NGN 2.89 billion and earned 669.09 million in profits. Earnings per share was 0.75.

Revenue	2.89B
Gross Profit	1.03B
Operating Income	929.28M
Pretax Income	991.62M
Net Income	669.09M
EBITDA	983.94M
EBIT	929.28M
Earnings Per Share (EPS)	0.75

Full Income Statement

Balance Sheet

The company has 107.19 million in cash and 582.83 million in debt, giving a net cash position of -475.65 million or -0.53 per share.

Cash & Cash Equivalents	107.19M
Total Debt	582.83M
Net Cash	-475.65M
Net Cash Per Share	-0.53
Equity (Book Value)	1.60B
Book Value Per Share	1.80
Working Capital	48.18M

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 574.47 million and capital expenditures -272.43 million, giving a free cash flow of 302.04 million.

Operating Cash Flow	574.47M
Capital Expenditures	-272.43M
Free Cash Flow	302.04M
FCF Per Share	0.34

Full Cash Flow Statement

Margins

Gross margin is 35.67%, with operating and profit margins of 32.15% and 23.15%.

Gross Margin	35.67%
Operating Margin	32.15%
Pretax Margin	34.31%
Profit Margin	23.15%
EBITDA Margin	34.04%
EBIT Margin	32.15%
FCF Margin	10.45%

Dividends & Yields

This stock pays an annual dividend of 0.06, which amounts to a dividend yield of 2.60%.

Dividend Per Share	0.06
Dividend Yield	2.60%
Dividend Growth (YoY)	n/a
Years of Dividend Growth	3
Payout Ratio	8.51%
Buyback Yield	0.00%
Shareholder Yield	2.60%
Earnings Yield	32.49%
FCF Yield	14.69%

Dividend Details

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

The Initiates has an Altman Z-Score of 2.35. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	2.35
Piotroski F-Score	n/a