Valuation
56
CAP · CAP Plc
Illiquid Quality Compounder Quality 5/5Distress proxy: 91.55 (Safe)
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Composite score
62.6
Tier: Illiquid
Last close
₦175
As of latest snapshot
30-day ADV
₦2.7M
Liquidity signal
Market cap
₦128.40B
Industrial Goods
Financials
73
Technical
59
AI bottom line
CAP trades at fair valuation (P/E 20.8x = sector median) but commands a 55% premium on price-to-book (9.0x vs. 5.8x sector), justified by superior 39% ROE and 13.3% net margins—signaling genuine quality. The critical constraint is illiquidity: ₦2.7M daily volume severely limits position sizing, and the stock trades 74% above its 200-day moving average, creating execution risk for entry.
Stock Snowflake 5-axis radar
Blue = CAP. Gold dash = Industrial Goods median. Bigger area = better across the five research dimensions.
What the model is seeing
- Trades at P/E 20.8x — in line with Industrial Goods median of 20.8x.
- ROE of 39.0% — above Industrial Goods median of 31.6%.
- Above both 50-day (+3.5%) and 200-day (+73.5%) moving averages — uptrend intact.
Risk flags
Thin liquidity — 30d ADV ≈ ₦2.7M
Stretched — 74% above 200d MA
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 ratio20.8x
P/B ratio9.0x
P/S ratio3.1x
EV/EBITDA13.7x
FCF yield5.3%
Financials
ROE39.0%
ROA23.4%
Net margin13.3%
FCF margin16.2%
Debt / Equity0.0x
Technical
Last close₦175
Above 50d MA3.5%
Above 200d MA73.5%
ADX (trend)0.0
RSI0.0
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: 2.54% 6 consecutive years of payment 5y DPS CAGR: +13.8% ↑ 10y CAGR: +12.8%
| FY | Interim DPS | Final DPS | Total cash | Bonus | Qualification | Payment |
|---|---|---|---|---|---|---|
| 2025 | — | ₦4.00 | ₦4.00 | — | 03 Jun 2026 | 25 Jun 2026 |
| 2024 | — | ₦2.40 | ₦2.40 | — | 18 Apr 2024 | 06 Jun 2025 |
| 2023 | ₦1.55 | — | ₦1.55 | — | — | 25 Jun 2024 |
| 2022 | — | ₦1.55 | ₦1.55 | — | — | 16 Jun 2023 |
| 2021 | — | ₦1.25 | ₦1.25 | — | — | 17 Jun 2022 |
| 2020 | — | ₦2.10 | ₦2.10 | — | — | 22 Jun 2021 |
| 2018 | — | ₦2.90 | ₦2.90 | — | — | — |
| 2017 | — | ₦2.05 | ₦2.05 | — | — | — |
| 2016 | — | ₦2.20 | ₦2.20 | — | — | — |
| 2015 | — | ₦1.20 | ₦1.20 | — | — | — |
Peers in Industrial Goods
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 |
|---|---|---|---|---|---|
| BETAGLAS | 62.0 | 9.8x | 3.2x | 29.9% | Accumulate |
| BERGER | 61.6 | 22.4x | 7.9x | 31.6% | Accumulate |
| DANGCEM | 61.0 | 13.5x | 5.8x | 39.2% | Accumulate |
| MEYER | 58.9 | 21.5x | 4.5x | 19.1% | Stale |
| BUACEMENT | 51.9 | 28.4x | 13.6x | 53.1% | Neutral |
| WAPCO | 74.5 | 14.9x | 6.5x | 40.7% | Accumulate |
Recent news mentioning CAP
NGX corporate disclosures CAP · last 2
Plain-English summaries of every NGX filing for CAP, generated from the underlying PDFs by Claude Haiku. Click "Read the filing" to open the official document.
Other Disclosure
filed 24 Jun 2026
CAP held its 61st AGM on 24 June 2026 and approved a dividend of ₦4.00 per ordinary share payable to shareholders on the register as of 3 June 2026, subject to withholding tax. The board re-elected three directors and granted management a general mandate for related-party transactions pending next AGM review.
Other Disclosure
filed 24 Jun 2026
CAP PLC announced two management changes effective late June/mid-July 2026: Jethro Iruobe, current COO with 19 years' experience, promoted to Executive Director on June 25; and Olutola Bella, the General Counsel with 18 years' legal background, appointed Company Secretary on July 13, replacing Aramide Nwokediuko who moves to the parent UAC Group.