Flour Mills Nigeria PLC FMNL

Morningstar Rating

About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

FMNL is trading at a 515% premium.
Price
NGN 62.21
Fair Value
NGN 78.14
Uncertainty
Extreme
1-Star Price
NGN 949.63
5-Star Price
NGN 32.58
Economic Moat
Wfzm
Capital Allocation

Trading Information

Previous Close Price
Day Range
52-Week Range
Bid/Ask
/
Market Cap
Volume/Avg
/

Key Statistics

Price/Earnings (Normalized)
19.20
Price/Sales
0.11
Dividend Yield (Trailing)
2.90%
Dividend Yield (Forward)
2.90%
Total Yield
2.90%

Company Profile

Flour Mills Nigeria PLC is an investment holding company. It is majorly engaged in flour milling; production of pasta, noodles, edible oil, and refined sugar; the production of livestock feeds; farming, and other agro-allied activities. The company's operating segment includes Food; Agro Allied; Sugar and Support Services. It generates maximum revenue from the Food segment which includes milling and sales of flour and production and sales of pasta, snacks, and noodles. Its Agro-Allied segment includes farming of maize, cassava, soya, sugar cane, and oil palm and production and sales of fertilizer, edible oils, and livestock feeds. The Sugar segment includes the cultivation and processing of sugarcane, refining and selling of sugar, and sale of by-products from sugar refining.
Sector
Consumer Defensive
Industry
Packaged Foods
Stock Style Box
Small Value
Total Number of Employees
5,404

Comparables

Valuation

Metric
FMNL
DSRP
000639
Price/Earnings (Normalized)
19.2017.8123.59
Price/Book Value
1.194.690.95
Price/Sales
0.110.840.63
Price/Cash Flow
6.4545.2212.56
Price/Earnings
FMNL
DSRP
000639

Financial Strength

Metric
FMNL
DSRP
000639
Quick Ratio
0.250.640.84
Current Ratio
1.090.771.25
Interest Coverage
0.99−426.091.01
Quick Ratio
FMNL
DSRP
000639

Profitability

Metric
FMNL
DSRP
000639
Return on Assets (Normalized)
1.28%3.81%1.88%
Return on Equity (Normalized)
7.81%16.64%3.95%
Return on Invested Capital (Normalized)
11.73%3.14%3.64%
Return on Assets
FMNL
DSRP
000639

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Morningstar Rating for Stocks
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