Projected Income Statement: Presco Plc

Forecast Balance Sheet: Presco Plc

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027
Net Debt - - - - -110,814 - -
Change - - - - - - -
Announcement Date 1/30/22 1/31/23 1/31/24 2/3/25 1/31/26 - -
Estimates

Cash Flow Forecast: Presco Plc

Fiscal Period: December 2020 2021 2022 2023 2024 2025
CAPEX 1 7,383 5,388 12,540 12,420 33,299 64,344
Change - -27.02% 132.74% -0.96% 168.1% 93.23%
Free Cash Flow (FCF) 1 44.72 28,589 -8,202 -9,845 107,423 -89,033
Change - 63,835.4% -128.69% -20.04% 1,191.13% -182.88%
Announcement Date 4/1/21 5/19/22 8/3/23 4/30/24 4/8/25 5/4/26
1NGN in Million
Estimates

Forecast Financial Ratios: Presco Plc

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027

Profitability

        
EBITDA Margin (%) - 51.76% 40.14% - 72.48% 68.12% 68.14% 68.69%
EBIT Margin (%) - 46.55% - - 69.7% 64.73% 62.8% 64.98%
EBT Margin (%) - 50.28% - - 64.62% - 56.82% 58.65%
Net margin (%) - 39.95% - - 49.44% - 42.62% 43.99%
FCF margin (%) - - - - - 31.84% - -
FCF / Net Income (%) - - - - - - - -

Profitability

        
ROA 9.11% 16.82% 12.92% 22.61% 25.07% 18.65% - -
ROE 17.86% 63.52% 40.76% 71.97% 54.57% 37.12% - -

Financial Health

        
Leverage (Debt/EBITDA) - - - - - - - -
Debt / Free cash flow - - - - - - - -

Capital Intensity

        
CAPEX / Current Assets (%) - - - - - 12.29% - -
CAPEX / EBITDA (%) - - - - - 18.05% - -
CAPEX / FCF (%) - - - - - 38.61% - -

Items per share

        
Cash flow per share 1 - - - - - - - -
Change - - - - - - - -
Dividend per Share 1 - 7.6 - 26.3 42 61.71 - -
Change - - - - 59.7% 46.94% - -
Book Value Per Share 1 - 46.92 - - - 415 - -
Change - - - - - - - -
EPS 1 - 18.87 21.47 30.42 104.3 - 179.2 268.1
Change - - 13.78% 41.69% 242.8% - - 49.61%
Nbr of stocks (in thousands) - 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,166,667 1,166,667
Announcement Date - 1/30/22 1/31/23 1/31/24 2/3/25 1/31/26 - -
1NGN
Estimates
2026 *2027 *
P/E 11.6x 7.72x
PBR - -
EV / Sales 4.92x 3.4x
Yield - -

EPS & Dividend

Y-o-Y evolution of P/E

Trader
Investor
-
Global
-
Quality
-
ESG MSCI
-
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
2
Last Close Price
2,070.00NGN
Average target price
2,522.36NGN
Spread / Average Target
+21.85%

Annual profits - Rate of surprise