HBM Nigeria Plc (NGX:WAPCO)

Nigeria flag Nigeria · Delayed Price · Currency is NGN
291.00
+1.00 (0.34%)
At close: Jul 3, 2026
Market Cap4.69T +238.4%
Revenue (ttm)1.15T +42.8%
Net Income322.43B +124.5%
EPS20.02 +124.5%
Shares Out 16.11B
PE Ratio14.54
Forward PE11.75
Dividend12.00 (4.14%)
Ex-Dividend DateApr 7, 2026
Volume8,246,757
Open293.00
Previous Close290.00
Day's Range290.50 - 293.00
52-Week Range91.95 - 352.00
Beta0.39
AnalystsBuy
Price Target293.76 (+0.95%)
Earnings DateJul 28, 2026

About HBM Nigeria

HBM Nigeria Plc, together with its subsidiaries, manufactures, markets, and sells cement and other cementitious products in Nigeria. It offers aggregates, ready-mix concrete, fly-ash, cementitious tile adhesive, plaster of Paris (POP), and power generation products, as well as mortar and waste management solutions. The company provides cement solutions under the RoadCem, Unicem, Ashaka Cem, Watershield Cement, Elephant Cement, AshakaCem, PowerMax, CEM1, Ground Calcium Carbonate, Geocycle, Supafix, Supa Whyte, and Elephant Supaset brands. It als... [Read more]

Industry Cement, Hydraulic
Founded 1959
Employees 1,478
Stock Exchange Nigerian Stock Exchange
Ticker Symbol WAPCO
Full Company Profile

Financial Performance

In 2025, Lafarge Africa's revenue was 1.07 trillion, an increase of 53.04% compared to the previous year's 696.76 billion. Earnings were 273.12 billion, an increase of 172.72%.

Financial Statements

Analyst Summary

According to 6 analysts, the average rating for WAPCO stock is "Buy." The 12-month stock price target is ₦293.76, which is an increase of 0.95% from the latest price.

Price Target
₦293.76
(0.95% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Cement maker Lafarge Africa renamed HBM Nigeria Plc

The cement maker will henceforth be known as HBM Nigeria Plc in line with the company’s long-term goals and its resolve to serve stakeholders better, according to a regulatory filing on Tuesday. The p...

9 days ago - Premium Times Nigeria

Lafarge Africa reaffirms commitment to building sustainable impact through women

Lafarge commemorated International Women’s Day 2026 with a purpose-driven event themed “The Give to Gain Blueprint: Investing in Women to Build Sustainable Impact.” The post Lafarge Africa reaffirms c...

3 months ago - Premium Times Nigeria

Lafarge Africa’s planned 5 mt capacity upgrade lifts shares for first time in days

Lafarge Africa stated in a note to the Nigerian Exchange that it has lined up up its Ashakacem and Sagamu plants for an expansion that will increase their yearly capacity to 2 mt and 3.5 mt respective...

5 months ago - Premium Times Nigeria

Lafarge Africa to increase its production capacity through expansion projects

The company has reaffirmed its commitment to strengthening local cement production with the expansion of its Sagamu Cement Plant in Ogun State and Ashaka Cement Plant in Gombe State. The post Lafarge ...

5 months ago - Premium Times Nigeria

UBA, Mutual Benefits, Lafarge Africa top stock pick this week

This is not a buy, sell or hold recommendation but a stock investment guide. You may need to involve your financial advisor before taking investment decisions. The post UBA, Mutual Benefits, Lafarge A...

6 months ago - Premium Times Nigeria

Lafarge Africa Plc premieres “Beyond Buildings” campaign

The campaign was unveiled by the Group Managing Director/Chief Executive Officer, Lafarge Africa Plc, Lolu Alade-Akinyemi on Monday, 8 November 2025 in Lagos. The post Lafarge Africa Plc premieres “Be...

7 months ago - Premium Times Nigeria

Nigeria’s building boom lifts Lafarge Africa’s nine-month profit by 246%

A wave of real estate development in the cities and urban centres of Africa’s most populous nation, where the government requires $6.25 billion in yearly investment to narrow a housing shortfall, is f...

9 months ago - Premium Times Nigeria

Lafarge Africa reports 352% surge in half-year profit

Management attributed the sharp improvement in bottom line to relative stability of the naira in contrast to last year which was “heavily impacted by FX losses.” The post Lafarge Africa reports 352% s...

1 year ago - Premium Times Nigeria

Lafarge Africa, BUA Cement, United Capital top stock pick this week

This is not a buy, sell or hold recommendation but a stock investment guide. You may need to involve your financial advisor before taking investment decisions. The post Lafarge Africa, BUA Cement, Uni...

1 year ago - Premium Times Nigeria

Planned Shares Sale to Chinese Firm: Court dismisses Lafarge Africa’s jurisdiction motion

Court dismisses Lafarge Africa’s objection to court jurisdiction to hear shares sales suit and approved addition of two defendants The post Planned Shares Sale to Chinese Firm: Court dismisses Lafarge...

1 year ago - Premium Times Nigeria

Senate panel to summon Nigeria’s third-largest cement producer over proposed sale to Chinese firm

Holcim AG, a global building materials company, is reportedly finalising a $1 billion deal to divest its 83.8 per cent stake in Lafarge Africa to Huaxin Cement Co., a Chinese firm. The post Senate pan...

1 year ago - Premium Times Nigeria

Lafarge Africa’s quarterly profit surges 837%, shooting stock price to 52-week high

The share price of Lafarge Africa hit its peak level in 52 weeks in Lagos, where the stock is quoted after the earnings release, joining four other stocks to lead gainers at market close. The post Laf...

1 year ago - Premium Times Nigeria

Lafarge Africa achieves record sales of N697bn with operating profit at N193bn, up by 89%

“Lafarge Africa Plc remains committed to strengthening its leadership position in offering environmental friendly building solutions, while driving long-term profitability,” The post Lafarge Africa ac...

1 year ago - Premium Times Nigeria

Lafarge Africa launches alternative fuel, raw material platform

This facility will allow us to use alternative fuels and materials in our production process, reducing CO2 emissions and positioning us as a leader in sustainable practices across Nigeria and Africa

1 year ago - Zawya