Financials Unity Bank Plc

Equities

UNITYBNK

NGUNITYBANK3

Banks

End-of-day quote Nigerian S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
1.69 NGN -7.65% Intraday chart for Unity Bank Plc +4.32% +4.32%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 6,195 12,508 7,481 7,481 6,312 6,429
Enterprise Value (EV) 1 109,581 195,744 258,963 338,001 414,138 392,659
P/E ratio -0.42 x 9.85 x 2.21 x 3.59 x 1.99 x 6.83 x
Yield - - - - - -
Capitalization / Revenue 0.23 x 0.58 x 0.32 x 0.29 x 0.22 x 0.23 x
EV / Revenue 4.11 x 9.05 x 11.2 x 13.3 x 14.6 x 13.8 x
EV / EBITDA - - - - - -
EV / FCF - - - - - -
FCF Yield - - - - - -
Price to Book -0.03 x -0.05 x -0.03 x -0.03 x -0.02 x -0.02 x
Nbr of stocks (in thousands) 11,689,338 11,689,338 11,689,338 11,689,338 11,689,338 11,689,338
Reference price 2 0.5300 1.070 0.6400 0.6400 0.5400 0.5500
Announcement Date 11/1/18 3/29/19 6/10/20 4/19/21 5/6/22 6/5/23
1NGN in Million2NGN
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 26,690 21,628 23,211 25,464 28,414 28,473
EBITDA - - - - - -
EBIT - - - - - -
Operating Margin - - - - - -
Earnings before Tax (EBT) 1 -14,243 1,411 3,642 2,223 3,332 1,386
Net income 1 -14,918 1,269 3,383 2,086 3,173 941.4
Net margin -55.89% 5.87% 14.58% 8.19% 11.17% 3.31%
EPS 2 -1.276 0.1086 0.2894 0.1785 0.2715 0.0805
Free Cash Flow - - - - - -
FCF margin - - - - - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 11/1/18 3/29/19 6/10/20 4/19/21 5/6/22 6/5/23
1NGN in Million2NGN
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 103,386 183,236 251,482 330,520 407,826 386,230
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - - - - - -
ROE (net income / shareholders' equity) 18.8% -0.52% -1.2% -0.75% -1.15% -0.34%
ROA (Net income/ Total Assets) -4.6% 0.65% 1.34% 0.53% 0.62% 0.18%
Assets 1 324,599 196,264 251,932 392,548 515,473 524,735
Book Value Per Share 2 -20.70 -20.80 -23.90 -23.60 -23.60 -23.50
Cash Flow per Share 2 1.720 3.530 3.460 3.520 3.830 2.480
Capex 1 304 651 1,729 1,659 2,797 3,968
Capex / Sales 1.14% 3.01% 7.45% 6.52% 9.84% 13.94%
Announcement Date 11/1/18 3/29/19 6/10/20 4/19/21 5/6/22 6/5/23
1NGN in Million2NGN
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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