Financials Sterling Financial Holdings Company Plc

Equities

STERLINGNG

NGSTERLNHCO9

Banks

End-of-day quote Nigerian S.E. 06:00:00 2024-05-15 pm EDT 5-day change 1st Jan Change
4.2 NGN +4.74% Intraday chart for Sterling Financial Holdings Company Plc -8.70% -2.10%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021
Capitalization 1 31,094 54,702 57,293 58,732 43,474
Enterprise Value (EV) 1 150,414 188,953 71,104 90,426 -29,780
P/E ratio 3.65 x 5.94 x 5.4 x 5.23 x 3.22 x
Yield 1.85% - 1.51% 2.45% 6.62%
Capitalization / Revenue 0.51 x 0.72 x 0.7 x 0.72 x 0.5 x
EV / Revenue 2.46 x 2.47 x 0.87 x 1.11 x -0.34 x
EV / EBITDA - - - - -
EV / FCF - - - - -
FCF Yield - - - - -
Price to Book 0.3 x 0.56 x 0.48 x 0.43 x 0.31 x
Nbr of stocks (in thousands) 28,790,418 28,790,418 28,790,418 28,790,418 28,790,418
Reference price 2 1.080 1.900 1.990 2.040 1.510
Announcement Date 4/16/18 3/29/19 3/26/20 3/31/21 4/23/22
1NGN in Million2NGN
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021
Net sales 1 61,086 76,422 81,637 81,686 87,304
EBITDA - - - - -
EBIT - - - - -
Operating Margin - - - - -
Earnings before Tax (EBT) 1 8,606 9,489 10,672 12,372 14,474
Net income 1 8,521 9,218 10,602 11,242 13,515
Net margin 13.95% 12.06% 12.99% 13.76% 15.48%
EPS 2 0.2960 0.3200 0.3683 0.3900 0.4694
Free Cash Flow - - - - -
FCF margin - - - - -
FCF Conversion (EBITDA) - - - - -
FCF Conversion (Net income) - - - - -
Dividend per Share 2 0.0200 - 0.0300 0.0500 0.1000
Announcement Date 4/16/18 3/29/19 3/26/20 3/31/21 4/23/22
1NGN in Million2NGN
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021
Net Debt 1 119,320 134,251 13,811 31,694 -
Net Cash position 1 - - - - 73,254
Leverage (Debt/EBITDA) - - - - -
Free Cash Flow - - - - -
ROE (net income / shareholders' equity) 9.04% 9.24% 9.76% 8.81% 9.75%
ROA (Net income/ Total Assets) 0.89% 0.85% 0.93% 0.91% 0.92%
Assets 1 953,239 1,087,670 1,142,826 1,240,976 1,464,247
Book Value Per Share 2 3.580 3.400 4.150 4.720 4.910
Cash Flow per Share 2 3.460 2.350 3.590 3.320 7.710
Capex 1 6,173 5,608 7,852 2,020 4,701
Capex / Sales 10.11% 7.34% 9.62% 2.47% 5.38%
Announcement Date 4/16/18 3/29/19 3/26/20 3/31/21 4/23/22
1NGN in Million2NGN
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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