SEE FULL COMPANY PROFILES WITH A FREE TRIAL
EMIS is the definitive emerging markets news, research, company, and financial data resource. EMIS - ISI Emerging MarketsLEARN MORE
Search for another company:
ALL
Nigeria
Company data displayed is for sample purposes only and may not reflect the most current information available on Emerging Markets Information Service (EMIS).

BERGER PAINTS PLC

Main Activities: Chemical Manufacturing - Paint, Coating, and Adhesive Manufacturing

facebook Please check the full coverage of information what EMIS can offer you. SEE SAMPLE

Company Information

Full name
BERGER PAINTS PLC

Headquarters
Berger Paints Nigeria Plc, 102 Oba Akran Avenue, Ikeja Industrial Estate, Private Mail Bag 21052, Ikeja. Lagos State.; Lagos; Lagos
Status: Listed
Legal Form: Other non-liability limited
Operational Status: Operational
ISIN CODE : NGBERGER0000
Financial Auditors: Deloitte Touche Tohmatsu (2006)
Incorporation Date: April 14, 1974
Total Employees: 298

Tel: +234-01-4976980-5

Company Description

Berger Paints Plc is a paint manufacturer. The Company manufactures a variety of decorative and industrial paints. In Decorative Paints, Berger has paints and paint systems for every application, interior, exterior, every surface, concrete, plaster, metal and wood, as well as special applications like water storage.The company is today the leader in the manufacture of Decorative and Industrial paints, Marine and Protective Coatings, Automotive/Vehicle Refinishes and allied products. The company's
More

Company Analysis

According to the Consolidated - Audited financial statement for the Year of 2011, total net operating revenues decreased with -0.28%, from NGN 2,853,114 thousands to NGN 2,845,058 thousands. Operating result decreased from NGN 519,897 thousands to NGN 391,700 thousands which means -24.66% change. The results of the period decreased -43.53% reaching NGN 249,761 thousands at the end of the period against NGN 442,275 thousands last year. Return on equity (Net income/Total equity) went from 26.35% to 14.06%, the Return On Asset (Net income / Total Asset) went from 16.98% to 9.34% and the Net Profit Margin (Net Income/Net Sales) went from 15.50% to 8.78% when compared to the same period of last year. The Debt to Equity Ratio (Total Liabilities/Equity) was 50.59% compared to 55.33% of last year. Finally, the Current Ratio (Current Assets/Current Liabilities) went from 1.97 to 2.00 when compared to the previous year.

Key Executives

Clement Adekunle Olowokande Chairman
Ganiyu O. Lawal Managing Director
Abi Ayida Non-Executive Director
Balram D. Datwani Non-Executive Director
Musa Danjuma Non-Executive Director
More

Companies with Similar Main Activities

ISI Emerging Markets

FULL COMPANY PROFILE

Please check the full coverage of information what EMIS can offer you.
SEE SAMPLE
SELECT CURRENCY
Balance Sheet

Total Assets

2,825,090

2,673,008

Current Assets

1,186,770

1,458,238

Total Liabilities

1,994,386

898,740

Shareholders Equity

830,704

1,776,566

Current Liabilities

1,744,138

727,576

* All the accounts are in NGN.
Income Statement

Total Operating Revenue

2,027,989

2,845,058

Operational Profit (Loss)

138,029

391,700

Net Profit (Loss)

115,841

249,761

* All the accounts are in NGN.
Ratios
Profitability Ratios

Return on Assets (ROA)

4.1%

9.34%

Annualised Return on Assets (ROA)

5.47%

9.34%

Return on Equity (ROE)

13.94%

14.08%

Annualised Return on Equity (ROE)

18.59%

14.08%

Return on Sales (ROS)

5.96%

9.7%

Return on Capital

13.94%

14.08%

Gross Profit Margin

36.34%

41.13%

Operating Profit Margin

2.68%

8.19%

Efficiency Ratios

Accounts Receivable Turnover

9.39x

23.99x

Inventory Turnover

1.96x

2.64x

Current asset turnover

1.64x

1.77x

Fixed-asset turnover

1.19x

2.12x

Asset Turnover

0.69x

0.96x

Valuation figures and ratios

Earning Before Interests and Taxes (EBIT)

138,029

392,141

EBITDA

138,029

481,565

Enterprise value

1,582,259

1,565,290

Enterprise Value / EBITDA

11.46

3.25

Bookvalue (BV)

2,817,940

2,673,008

Net Cash

-1,578,133

-449,465

Liquidity Ratios

Current Ratio

68.04%

200.42%

Quick ratio

31.96%

121.38%

Doom's day ratio

9.52%

38.22%

Leverage Ratios

Leverage ratio

340.08%

150.65%

Debt to equity

240.08%

50.65%

Debt to total assets

70.6%

33.62%

Long Term Debt to Capital

100%

61.16%

Debt / Enterprise Value

0.45%

0%

Market ratios

Market Capitalization/EBITDA

12.61

3.82

Price/Book Ratio

0.62

0.69

Market Cap / Net cash

-1.10

-4.10

Trend Ratios

Revenue Trend

107.71%

93.39%

Net Income Trend

89.45%

56.47%

Operating Income Trend

94.96%

75.23%