Financials Oando PLC

Equities

OANDO

NGOANDO00002

Integrated Oil & Gas

End-of-day quote Nigerian S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
9.25 NGN -0.54% Intraday chart for Oando PLC -19.57% -11.90%

Valuation

Fiscal Period: December 2016 2017 2018 2019 2020 2021
Capitalization 1 56,563 74,464 62,157 49,601 45,996 54,947
Enterprise Value (EV) 1 292,177 303,950 262,090 401,106 475,311 54,947
P/E ratio 18.1 x 5.33 x 2.54 x -0.29 x -0.39 x 1.53 x
Yield - - - - - -
Capitalization / Revenue 0.12 x 0.15 x 0.09 x 0.09 x 0.1 x 0.07 x
EV / Revenue 0.64 x 0.61 x 0.39 x 0.7 x 1 x 0.07 x
EV / EBITDA 9.54 x 5.26 x 3.66 x 139 x 19.4 x 0.31 x
EV / FCF -21.9 x 9.15 x 8.99 x 98.6 x 5.98 x 0.48 x
FCF Yield -4.58% 10.9% 11.1% 1.01% 16.7% 206%
Price to Book 0.46 x 0.42 x 0.31 x 1.72 x -0.54 x -
Nbr of stocks (in thousands) 12,034,619 12,431,412 12,431,412 12,431,412 12,431,412 12,431,412
Reference price 2 4.700 5.990 5.000 3.990 3.700 4.420
Announcement Date 4/3/17 4/27/18 3/29/19 6/22/22 3/29/23 9/18/23
1NGN in Million2NGN
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2016 2017 2018 2019 2020 2021
Net sales 1 455,747 497,422 679,465 576,572 477,070 803,460
EBITDA 1 30,621 57,731 71,672 2,887 24,457 175,976
EBIT 1 5,054 31,977 42,403 -46,766 -43,563 155,949
Operating Margin 1.11% 6.43% 6.24% -8.11% -9.13% 19.41%
Earnings before Tax (EBT) 1 -63,376 20,765 11,188 -377,415 -134,283 44,474
Net income 1 3,125 13,942 24,433 -171,821 -118,149 35,817
Net margin 0.69% 2.8% 3.6% -29.8% -24.77% 4.46%
EPS 2 0.2597 1.124 1.965 -13.82 -9.504 2.881
Free Cash Flow 1 -13,368 33,225 29,142 4,069 79,437 113,318
FCF margin -2.93% 6.68% 4.29% 0.71% 16.65% 14.1%
FCF Conversion (EBITDA) - 57.55% 40.66% 140.92% 324.8% 64.39%
FCF Conversion (Net income) - 238.32% 119.27% - - 316.38%
Dividend per Share - - - - - -
Announcement Date 4/3/17 4/27/18 3/29/19 6/22/22 3/29/23 9/18/23
1NGN in Million2NGN
Estimates

Balance Sheet Analysis

Fiscal Period: December 2016 2017 2018 2019 2020 2021
Net Debt 1 235,614 229,485 199,933 351,504 429,315 -
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 7.694 x 3.975 x 2.79 x 121.7 x 17.55 x -
Free Cash Flow 1 -13,368 33,225 29,142 4,069 79,437 113,318
ROE (net income / shareholders' equity) -21.2% 5.91% 10.7% -120% 41,652% -33.8%
ROA (Net income/ Total Assets) 0.33% 1.97% 2.51% -2.87% -2.32% 8.17%
Assets 1 958,529 708,674 975,094 5,984,711 5,092,866 438,632
Book Value Per Share 2 10.20 14.10 16.20 2.330 -6.900 -
Cash Flow per Share 2 0.8600 0.6400 0.8800 2.700 1.170 -
Capex 1 14,503 19,822 37,862 27,871 34,062 27,788
Capex / Sales 3.18% 3.98% 5.57% 4.83% 7.14% 3.46%
Announcement Date 4/3/17 4/27/18 3/29/19 6/22/22 3/29/23 9/18/23
1NGN in Million2NGN
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA