Nigeria · Delayed Price · Currency is NGN The Initiates Statistics
Total Valuation
The Initiates has a market cap or net worth of NGN 53.80 billion. The enterprise value is 46.66 billion.
| Market Cap | 53.80B |
| Enterprise Value | 46.66B |
Important Dates
The last earnings date was Friday, October 30, 2026.
| Earnings Date | Oct 30, 2026 |
| Ex-Dividend Date | Aug 11, 2026 |
Share Statistics
The Initiates has 2.00 billion shares outstanding. The number of shares has increased by 93.32% in one year.
| Current Share Class | 2.00B |
| Shares Outstanding | 2.00B |
| Shares Change (YoY) | +93.32% |
| Shares Change (QoQ) | +0.70% |
| Owned by Insiders (%) | n/a |
| Owned by Institutions (%) | n/a |
| Float | n/a |
Valuation Ratios
The trailing PE ratio is 9.69.
| PE Ratio | 9.69 |
| Forward PE | n/a |
| PS Ratio | 3.16 |
| PB Ratio | 2.98 |
| P/TBV Ratio | 2.99 |
| P/FCF Ratio | 10.04 |
| P/OCF Ratio | 4.77 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 6.07, with an EV/FCF ratio of 8.71.
| EV / Earnings | 9.77 |
| EV / Sales | 2.74 |
| EV / EBITDA | 6.07 |
| EV / EBIT | 6.20 |
| EV / FCF | 8.71 |
Financial Position
The company has a current ratio of 2.53, with zero debt.
| Current Ratio | 2.53 |
| Quick Ratio | 2.50 |
| Debt / Equity | n/a |
| Debt / EBITDA | n/a |
| Debt / FCF | n/a |
| Interest Coverage | 334.65 |
Financial Efficiency
Return on equity (ROE) is 42.99% and return on invested capital (ROIC) is 42.81%.
| Return on Equity (ROE) | 42.99% |
| Return on Assets (ROA) | 28.76% |
| Return on Invested Capital (ROIC) | 42.81% |
| Return on Capital Employed (ROCE) | 39.53% |
| Weighted Average Cost of Capital (WACC) | 6.04% |
| Revenue Per Employee | 250.52M |
| Profits Per Employee | 70.21M |
| Employee Count | 60 |
| Asset Turnover | 1.07 |
| Inventory Turnover | 106.29 |
Taxes
In the past 12 months, The Initiates has paid 2.47 billion in taxes.
| Income Tax | 2.47B |
| Effective Tax Rate | 34.12% |
Stock Price Statistics
The stock price has increased by +115.20% in the last 52 weeks. The beta is 0.32, so The Initiates's price volatility has been lower than the market average.
| Beta (5Y) | 0.32 |
| 52-Week Price Change | +115.20% |
| 50-Day Moving Average | 25.29 |
| 200-Day Moving Average | 24.97 |
| Relative Strength Index (RSI) | 59.66 |
| Average Volume (20 Days) | 3,634,326 |
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 17.04 billion and earned 4.77 billion in profits. Earnings per share was 2.77.
| Revenue | 17.04B |
| Gross Profit | 8.41B |
| Operating Income | 7.32B |
| Pretax Income | 7.25B |
| Net Income | 4.77B |
| EBITDA | 7.48B |
| EBIT | 7.32B |
| Earnings Per Share (EPS) | 2.77 |
Balance Sheet
The company has 7.14 billion in cash and no debt, with a net cash position of 7.14 billion or 3.57 per share.
| Cash & Cash Equivalents | 7.14B |
| Total Debt | n/a |
| Net Cash | 7.14B |
| Net Cash Per Share | 3.57 |
| Equity (Book Value) | 18.03B |
| Book Value Per Share | 9.00 |
| Working Capital | 9.02B |
Cash Flow
In the last 12 months, operating cash flow was 11.27 billion and capital expenditures -5.91 billion, giving a free cash flow of 5.36 billion.
| Operating Cash Flow | 11.27B |
| Capital Expenditures | -5.91B |
| Depreciation & Amortization | 159.60M |
| Net Borrowing | -200.00M |
| Free Cash Flow | 5.36B |
| FCF Per Share | 2.68 |
Margins
Gross margin is 49.37%, with operating and profit margins of 42.95% and 28.03%.
| Gross Margin | 49.37% |
| Operating Margin | 42.95% |
| Pretax Margin | 42.54% |
| Profit Margin | 28.03% |
| EBITDA Margin | 43.89% |
| EBIT Margin | 42.95% |
| FCF Margin | 31.46% |
Dividends & Yields
This stock pays an annual dividend of 0.40, which amounts to a dividend yield of 1.49%.
| Dividend Per Share | 0.40 |
| Dividend Yield | 1.49% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | 4 |
| Payout Ratio | 13.95% |
| FCF Payout Ratio | 18.66% |
| Buyback Yield | -93.32% |
| Shareholder Yield | -91.83% |
| Earnings Yield | 10.32% |
| FCF Yield | 9.96% |
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 | |
| Graham Formula Value | |
| Graham Formula Upside |
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
| Altman Z-Score | n/a |
| Piotroski F-Score | 5 |