Company Valuation: Oando PLC

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 45,996 54,947 48,731 130,530 820,473 586,504
Change - 19.46% -11.31% 167.86% 528.57% -28.52%
Enterprise Value (EV) 1 475,311 490,615 537,870 879,187 3,398,748 2,812,371
Change - 3.22% 9.63% 63.46% 286.58% -17.25%
P/E -0.39x 1.53x -0.62x 2.11x 3.37x 2.02x
PBR -0.54x -0.44x -0.26x -0.52x -2.33x -0.79x
PEG - -0x 0x -0x 0x 0.1x
Capitalization / Revenue 0.1x 0.07x 0.02x 0.05x 0.2x 0.18x
EV / Revenue 1x 0.61x 0.27x 0.31x 0.83x 0.88x
EV / EBITDA 19.4x 9.12x 35.3x -7.46x -7.45x 5.01x
EV / EBIT -10.9x 45.8x -23.7x -4.88x -6.54x 6.27x
EV / FCF 5.98x 8.13x -11.4x 2.8x 3.96x -88.3x
FCF Yield 16.7% 12.3% -8.79% 35.8% 25.3% -1.13%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -8.098 2.455 -5.396 4.249 16.7 19.87
Distribution rate - - - - - -
Net sales 1 477,070 804,796 1,993,754 2,845,598 4,086,651 3,180,090
EBITDA 1 24,457 53,802 15,219 -117,798 -456,230 561,323
EBIT 1 -43,563 10,716 -22,682 -180,021 -519,980 448,489
Net income 1 -118,149 35,817 -78,719 61,996 224,856 204,011
Net Debt 1 429,315 435,668 489,139 748,657 2,578,275 2,225,867
Reference price 2 3.15 3.77 3.34 8.95 56.24 40.20
Nbr of stocks (in thousands) 14,589,644 14,589,644 14,589,644 14,589,644 14,589,644 14,589,644
Announcement Date 3/29/23 3/1/23 3/1/23 11/1/24 6/4/25 3/1/26
1NGN in Million2NGN
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 226M
13.08x3.48x6.35x5.21% 1,686B
11.93x1.83x6x3.16% 440B
8.65x0.76x4.77x6.09% 369B
7.52x0.95x4.02x3.01% 296B
7.7x1.04x3.9x4.48% 204B
6.02x1.94x3.16x7.47% 152B
7.74x0.85x1.93x3.47% 108B
8.47x0.86x4.3x4.96% 84.93B
9.22x1.7x5.58x7.33% 48.56B
Average 8.93x 1.49x 4.45x 5.02% 338.7B
Weighted average by Cap. 10.98x 2.36x 5.44x 4.87%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Oando PLC

Historical PBR trend

Valuation ratios - PBR - Oando PLC

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Oando PLC

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Oando PLC