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DANGCEM Stock Pitch – by Fatai Aminat Ajiun
All forecasted indices highlighted on Dangote Cement Plc. pointed towards growth as it had been since its commencement of business. Though the major risk the company is exposed to are exchange rate fluctuations…
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BUACEMENT: A Dive into Company Performance and Financial Analysis
We issue a sell recommendation on BUA Cement PLC(BUACEMENT.NSE) Based on a target price of ₦58.6k representing a 13% downside on the closing price of ₦70.75 as of march 30th, 2022. Our valuation…
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A Comprehensive Report on Dangote Cement Plc and Stock Recommendation.
The valuation was estimated given a WACC of 16% in line with a cheap cost of debt in Nigeria and a perpetuity growth rate of 8%. Besides, the NOPAT doubled within the past…
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Nigeria’s Cement Industry in 2020: The Boom Amidst the Burst
Dangote cement plc reported a 23% Return on Invested Capital (ROIC), which overshot its nearest competitor (BUA) by 600bps. Lafarge came in a distant third with an ROIC of 6%. We, however, note…
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[INFOGRAPHICS] H1’20 Top and Bottom Line of Cement Companies in Nigeria
Nigerian cement companies recorded aggregate growth in their revenues and net income for the half year ended Jun’2020. From our analysis, we highlight that cement volumes actually declined for the companies during the…
