Valuation
78
ACCESSCORP · Access Holdings Plc
Neutral Deep Value Quality 3/5Distress proxy: 31.94 (Safe)
Compare with another stock →
Composite score
53.9
Tier: Neutral
Last close
₦22
As of latest snapshot
30-day ADV
₦2.28B
Liquidity signal
Market cap
₦1.16T
Financial Services
Financials
42
Technical
33
AI bottom line
AccessCorp trades at a deep discount to peers (1.6x P/E vs. 7.8x sector median, 0.3x P/B vs. 1.4x) with ROE matching sector levels at 17.0%, suggesting valuation compression rather than fundamental weakness. The critical watch is cash burn—negative 67.4% FCF yield and -29.5% FCF margin—which could constrain capital returns or signal operational stress requiring clarification.
Stock Snowflake 5-axis radar
Blue = ACCESSCORP. Gold dash = Financial Services median. Bigger area = better across the five research dimensions.
What the model is seeing
- Trades at P/E 1.6x — about 79% below the Financial Services median of 7.8x.
- P/B of 0.3x — trading below book value, often a value signal (or a quality flag if persistent).
- Net margin of 26.8% — robust pricing power and cost discipline.
- Below both 50-day (-13.7%) and 200-day (-9.6%) moving averages — sustained downtrend.
Risk flags
Cash burn — FCF margin -29.5%
Price & trend
Close price with 50-day and 200-day moving averages, last 12 months.
Composite score history
How the model has rated this stock over the available history. Tier changes happen at 75 / 60 / 40.
Key metrics
Valuation
P/E ratio1.6x
P/B ratio0.3x
P/S ratio0.4x
EV/EBITDA—
FCF yield-67.4%
Financials
ROE17.0%
ROA1.4%
Net margin26.8%
FCF margin-29.5%
Debt / Equityn/a (bank)
Technical
Last close₦22
Above 50d MA-13.7%
Above 200d MA-9.6%
ADX (trend)36.9
RSI22.4
Dividend history 10 fiscal years shown
All amounts are gross of Nigeria's 10% withholding tax on dividends. Bonus ratios are 'new shares for shares held'.
Current yield: 11.34% 👑 Aristocrat · 16 consecutive years 5y DPS CAGR: +30.9% ↑ 10y CAGR: +15.3%
| FY | Interim DPS | Final DPS | Total cash | Bonus | Qualification | Payment |
|---|---|---|---|---|---|---|
| 2024 | ₦0.45 | ₦2.05 | ₦2.50 | — | — | 15 May 2025 |
| 2023 | ₦0.3 | ₦1.80 | ₦2.10 | — | — | 19 Apr 2024 |
| 2022 | ₦0.2 | ₦1.30 | ₦1.50 | — | — | 24 May 2023 |
| 2021 | — | ₦0.7 | ₦0.7 | — | — | 28 Apr 2022 |
| 2020 | ₦0.3 | ₦0.55 | ₦0.85 | — | — | 30 Apr 2021 |
| 2019 | ₦0.25 | ₦0.4 | ₦0.65 | — | — | 30 Apr 2020 |
| 2018 | ₦0.25 | ₦0.25 | ₦0.5 | — | — | — |
| 2017 | ₦0.25 | ₦0.4 | ₦0.65 | — | — | — |
| 2016 | ₦0.25 | ₦0.4 | ₦0.65 | — | — | — |
| 2015 | ₦0.25 | ₦0.3 | ₦0.55 | — | — | — |
Peers in Financial Services
Closest names by composite score within the same sector. Click a symbol to open its detail page.
| Symbol | Composite | P/E | P/B | ROE | Tier |
|---|---|---|---|---|---|
| AFRIPRUD | 54.1 | 16.7x | 3.6x | 20.4% | Neutral |
| WAPIC | 54.2 | 7.1x | 1.1x | 13.5% | Neutral |
| VERITASKAP | 54.3 | 5.3x | 1.1x | 17.5% | Neutral |
| STANBIC | 55.0 | 6.4x | 2.1x | 32.5% | Neutral |
| CUSTODIAN | 52.1 | 5.5x | 2.0x | 28.1% | Neutral |
| NGXGROUP | 51.5 | 35.3x | 5.4x | 21.2% | Illiquid |
Recent news mentioning ACCESSCORP
NGX corporate disclosures ACCESSCORP · last 3
Plain-English summaries of every NGX filing for ACCESSCORP, generated from the underlying PDFs by Claude Haiku. Click "Read the filing" to open the official document.
Director / Officer Change
filed 25 Jun 2026
Access Holdings announced the retirement of Ms. Bolaji Agbede, Executive Director of Business Support, effective June 30, 2026, after more than 20 years of service. She recently served as Acting Group CEO following the death of Dr. Herbert Wigwe in February 2024. The disclosure indicates completion of her term with no successor named yet.
Other Disclosure
filed 15 Jun 2026
Access Holdings held its fourth AGM on June 10, 2026, approving audited 2025 financials and electing Innocent Ike as Group Managing Director/CEO. The board appointed three new audit committee members (Henry Aragho, Idaere Gogo-Ogan, and Akindele Gbogboade as shareholder reps) and granted a general mandate for related-party transactions through next year's AGM.
Director / Officer Change
filed 11 Jun 2026
Summary unavailable — read the original ↗