Company Valuation: CWG Plc

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 6,413 2,828 2,550 20,956 19,441 45,447
Change - -55.91% -9.82% 721.78% -7.23% 133.77%
Enterprise Value (EV) 1 5,898 2,137 3,493 21,574 15,434 44,860
Change - -63.77% 63.47% 517.63% -28.46% 190.66%
P/E 14.5x 6.29x 5.35x 36.4x 6.39x 9.13x
PBR 11.4x 2.67x 1.73x 9.34x 2.93x 5.09x
PEG - 4.27x 0.89x 1.7x 0x 0.1x
Capitalization / Revenue 0.55x 0.24x 0.18x 0.89x 0.42x 0.69x
EV / Revenue 0.5x 0.18x 0.25x 0.92x 0.33x 0.68x
EV / EBITDA 8.57x 2.6x 3.09x 14.3x 3.31x 5.43x
EV / EBIT 10.4x 2.9x 3.54x 16.2x 3.5x 5.7x
EV / FCF 11.2x 14.1x -2.82x 52.2x 4.81x -103x
FCF Yield 8.96% 7.09% -35.4% 1.92% 20.8% -0.97%
Dividend per Share 2 - - 0.04 0.16 0.39 0.7
Rate of return - - 3.96% 1.93% 5.06% 3.89%
EPS 2 0.1755 0.1781 0.1888 0.2282 1.206 1.97
Distribution rate - - 21.2% 70.1% 32.3% 35.5%
Net sales 1 11,716 11,709 14,207 23,529 46,353 65,558
EBITDA 1 688.3 821.9 1,132 1,508 4,664 8,258
EBIT 1 568.3 736 987.1 1,330 4,412 7,865
Net income 1 443.2 449.6 476.8 576.1 3,044 4,975
Net Debt 1 -514.7 -691 942.9 617.7 -4,007 -586.6
Reference price 2 2.54 1.12 1.01 8.30 7.70 18.00
Nbr of stocks (in thousands) 2,524,826 2,524,826 2,524,826 2,524,826 2,524,826 2,524,826
Announcement Date 3/31/21 3/31/22 3/28/24 3/28/24 3/19/25 3/24/26
1NGN in Million2NGN
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 36.85M
28.15x4.51x15.75x2.33% 272B
-91.12x14.39x83.34x-.--% 90.17B
10.21x1.12x5.88x4.73% 84.05B
13.29x2.42x8.97x6.22% 78.6B
18.54x4.88x12.05x3.07% 55.41B
13.46x1.97x8.24x5.76% 44.25B
13.26x1.52x10.42x1.22% 36.05B
19.46x1.43x9.12x1.02% 34.62B
14.69x1.86x8.66x5.89% 30.64B
Average 4.44x 3.79x 18.05x 3.36% 72.59B
Weighted average by Cap. 6.30x 4.59x 20.65x 3.04%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA