Valuation
54
ETERNA · Eterna Plc
Neutral Neutral Quality 2/5Distress proxy: 16.12 (Safe)
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Composite score
49.5
Tier: Neutral
Last close
₦28
As of latest snapshot
30-day ADV
₦5.3M
Liquidity signal
Market cap
₦63.40B
Oil & Gas
Financials
50
Technical
42
AI bottom line
Eterna's valuation appears compressed relative to its 39.5% ROE—trading at 10.3x P/E versus a 16.5x sector median—though a 4.88x debt-to-equity ratio and negative 11% FCF yield raise sustainability questions. Watch whether leverage can be reduced and liquidity improves from the ₦5.3M daily average, as both constrain downside protection.
Stock Snowflake 5-axis radar
Blue = ETERNA. Gold dash = Oil & Gas median. Bigger area = better across the five research dimensions.
What the model is seeing
- Trades at P/E 10.3x — about 38% below the Oil & Gas median of 16.5x.
- ROE of 39.5% — well above Oil & Gas median of 13.4%. Top-quartile capital efficiency.
- Below both 50-day (-15.3%) and 200-day (-13.2%) moving averages — sustained downtrend.
Risk flags
Thin liquidity — 30d ADV ≈ ₦5.3M
High leverage — Debt/Equity 4.9x
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 ratio10.3x
P/B ratio6.6x
P/S ratio0.2x
EV/EBITDA18.7x
FCF yield-11.0%
Financials
ROE39.5%
ROA5.1%
Net margin1.2%
FCF margin-2.2%
Debt / Equity4.9x
Technical
Last close₦28
Above 50d MA-15.3%
Above 200d MA-13.2%
ADX (trend)76.2
RSI14.5
Dividend history 7 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: 1.69% 5y DPS CAGR: +38.0% ↑
| FY | Interim DPS | Final DPS | Total cash | Bonus | Qualification | Payment |
|---|---|---|---|---|---|---|
| 2025 | — | ₦0.5 | ₦0.5 | — | 13 Apr 2026 | 12 May 2026 |
| 2022 | — | ₦0.15 | ₦0.15 | — | — | 12 May 2023 |
| 2020 | — | ₦0.1 | ₦0.1 | — | — | 23 Jul 2021 |
| 2018 | — | ₦0.25 | ₦0.25 | — | — | — |
| 2017 | — | ₦0.4 | ₦0.4 | — | — | — |
| 2016 | — | ₦0.3 | ₦0.3 | — | — | — |
| 2015 | — | ₦0.25 | ₦0.25 | — | — | — |
Peers in Oil & Gas
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 |
|---|---|---|---|---|---|
| TOTAL | 43.5 | — | 4.5x | -25.8% | Illiquid |
| JAPAULGOLD | 57.6 | 36.5x | 2.2x | 6.0% | Neutral |
| OANDO | 58.5 | 1.5x | — | — | Neutral |
| CONOIL | 66.8 | 22.7x | 3.4x | 13.4% | Accumulate |
| ARADEL | 76.8 | — | 4.6x | 41.6% | Conviction Buy |
Recent news mentioning ETERNA
NGX corporate disclosures ETERNA · last 1
Plain-English summaries of every NGX filing for ETERNA, generated from the underlying PDFs by Claude Haiku. Click "Read the filing" to open the official document.
Earnings Forecast
filed 10 Jun 2026
Summary unavailable — read the original ↗