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Company data displayed is for sample purposes only and may not reflect the most current information available on Emerging Markets Information Service (EMIS).
MCNICHOLS NIGERIA PLC
Main Activities: Food Manufacturing - Nonchocolate Confectionery Manufacturing
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Company Information |
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Full name MCNICHOLS NIGERIA PLC Headquarters 36A Acme Road Ikeja Industrial Estate, Ogba Ikeja Lagos ; Ikeja; Lagos |
Status: Listed Legal Form: Other non-liability limited Operational Status: Operational ISIN CODE : NGMCNICHOLS7 Financial Auditors: E.A.Ibironke & Co (2010) Tel: +234 01-8736080 |
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Company Description |
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McNichols is a manufacturing, packaging and distribution company. The Company commenced Operations in April 2005 and it’s engaged in fortification of sugar with vitamin A, manufacturing of chocolate powder, powdered milk, cereals and other food products. The Company mainly focus is to: - Develop innovative food products to meet certain needs and yearnings in the marketplace, Improve the hygiene, nutrition and quality of food products in the Nigerian market and environ, |
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Company Analysis |
| According to the Consolidated - Non-Audited financial statement for the Year of 2011, total net operating revenues increased with 48.98%, from NGN 261,554 thousands to NGN 389,665 thousands. The results of the period reached NGN 6,019 thousands at the end of the period against NGN -6,429 thousands last year. Return on equity (Net income/Total equity) went from -4.94% to 4.42%, the Return On Asset (Net income / Total Asset) went from -3.64% to 2.68% and the Net Profit Margin (Net Income/Net Sales) went from -2.46% to 1.54% when compared to the same period of last year. The Debt to Equity Ratio (Total Liabilities/Equity) was 64.77% compared to 35.68% of last year. Finally, the Current Ratio (Current Assets/Current Liabilities) went from 1.70 to 2.58 when compared to the previous year. |
Key Executives |
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Companies with Similar Main Activities |
FULL COMPANY PROFILE
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2012 Q3C (cons) |
2011 Y (cons) |
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| Non-Audited | Non-Audited | |
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| WVB Company Financials | WVB Company Financials | |
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| Unit | Thousands | Thousands |
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Balance Sheet
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Total Assets |
265,413 |
224,544 |
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Current Assets |
102,189 |
115,150 |
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Total Liabilities |
94,715 |
88,270 |
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Shareholders Equity |
170,698 |
136,274 |
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Current Liabilities |
26,691 |
44,698 |
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| * All the accounts are in NGN. | ||
Income Statement
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Total Operating Revenue |
285,040 |
389,665 |
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Operational Profit (Loss) |
12,873 |
11,942 |
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Net Profit (Loss) |
7,311 |
6,019 |
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| * All the accounts are in NGN. | ||
Ratios
| Profitability Ratios | ||
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Return on Assets (ROA) |
2.75% |
2.68% |
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Annualised Return on Assets (ROA) |
3.67% |
2.68% |
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Return on Equity (ROE) |
4.28% |
4.42% |
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Annualised Return on Equity (ROE) |
5.71% |
4.42% |
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Return on Sales (ROS) |
2.83% |
1.55% |
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Return on Capital |
3.26% |
4.42% |
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Gross Profit Margin |
10.99% |
20.68% |
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Operating Profit Margin |
-5.47% |
2.74% |
| Efficiency Ratios | ||
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Accounts Receivable Turnover |
4.33x |
5.71x |
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Inventory Turnover |
5.61x |
6.99x |
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Current asset turnover |
2.53x |
3.37x |
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Fixed-asset turnover |
1.58x |
3.55x |
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Asset Turnover |
0.97x |
1.73x |
| Valuation figures and ratios | ||
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Earning Before Interests and Taxes (EBIT) |
12,873 |
11,942 |
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EBITDA |
12,873 |
11,942 |
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Enterprise value |
247,843 |
202,905 |
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Enterprise Value / EBITDA |
19.25 |
16.99 |
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Bookvalue (BV) |
211,803 |
224,506 |
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Net Cash |
-25,096 |
-41,642 |
| Liquidity Ratios | ||
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Current Ratio |
382.86% |
257.62% |
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Quick ratio |
229.43% |
159.03% |
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Doom's day ratio |
5.98% |
6.84% |
| Leverage Ratios | ||
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Leverage ratio |
155.49% |
164.77% |
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Interest Coverage Ratio |
381.76% |
234.25% |
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Debt to equity |
55.49% |
64.77% |
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Debt to total assets |
35.69% |
39.31% |
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Long Term Debt to Capital |
100% |
100% |
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Debt / Enterprise Value |
21.63% |
0.02% |
| Market ratios | ||
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Market Capitalization/EBITDA |
15.21 |
17.24 |
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Price/Book Ratio |
0.95 |
0.90 |
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Market Cap / Net cash |
-7.80 |
-4.95 |
| Trend Ratios | ||
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Revenue Trend |
87.43% |
148.48% |
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Net Income Trend |
186.79% |
-93.62% |
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Operating Income Trend |
148.24% |
84.86% |
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