Valuation
46
NASCON · NASCON Allied Industries Plc
Accumulate Quality Compounder Quality 5/5Distress proxy: 98.40 (Safe)
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Composite score
61.3
Tier: Accumulate
Last close
₦198
As of latest snapshot
30-day ADV
₦446.7M
Liquidity signal
Market cap
₦534.00B
Consumer Goods
Financials
74
Technical
68
AI bottom line
NASCON presents a quality signal at a valuation discount: ROE of 44.2% and net margin of 23.9% far exceed sector peers while trading at 14.9x P/E versus the 19.9x median. Monitor free cash flow conversion closely, as the 2.0% FCF yield suggests working capital or capex dynamics warrant scrutiny against the strong earnings profile.
Stock Snowflake 5-axis radar
Blue = NASCON. Gold dash = Consumer Goods median. Bigger area = better across the five research dimensions.
What the model is seeing
- Trades at P/E 14.9x — about 25% below the Consumer Goods median of 19.9x.
- ROE of 44.2% — above Consumer Goods median of 38.9%.
Risk flags
No major risk flags
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 ratio14.9x
P/B ratio7.3x
P/S ratio3.9x
EV/EBITDA11.1x
FCF yield2.0%
Financials
ROE44.2%
ROA22.3%
Net margin23.9%
FCF margin7.7%
Debt / Equity0.0x
Technical
Last close₦198
Above 50d MA-5.2%
Above 200d MA43.7%
ADX (trend)13.4
RSI45.9
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: 3.04% 👑 Aristocrat · 15 consecutive years 5y DPS CAGR: +71.9% ↑ 10y CAGR: +27.0%
| FY | Interim DPS | Final DPS | Total cash | Bonus | Qualification | Payment |
|---|---|---|---|---|---|---|
| 2025 | — | ₦6.00 | ₦6.00 | — | 01 Apr 2026 | 28 Apr 2026 |
| 2024 | — | ₦2.00 | ₦2.00 | — | — | 09 May 2025 |
| 2023 | ₦1.00 | — | ₦1.00 | — | — | 17 Nov 2023 |
| 2022 | — | ₦1.00 | ₦1.00 | — | — | 26 May 2023 |
| 2021 | — | ₦0.4 | ₦0.4 | — | — | 06 Jun 2022 |
| 2020 | — | ₦0.4 | ₦0.4 | — | — | 31 May 2021 |
| 2019 | — | ₦0.4 | ₦0.4 | — | — | 29 Jul 2020 |
| 2018 | — | ₦1.00 | ₦1.00 | — | — | — |
| 2017 | — | ₦1.50 | ₦1.50 | — | — | — |
| 2016 | — | ₦0.7 | ₦0.7 | — | — | — |
Peers in Consumer 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 |
|---|---|---|---|---|---|
| NB | 60.9 | 20.2x | 3.6x | 17.9% | Accumulate |
| UNIONDICON | 60.7 | 126.8x | — | — | Illiquid |
| MCNICHOLS | 58.2 | 21.3x | 9.1x | 40.4% | Neutral |
| ENAMELWA | 57.9 | — | — | — | Illiquid |
| PZ | 57.8 | 8.8x | 17.4x | 164.7% | Neutral |
| HONYFLOUR | 65.9 | 7.2x | 2.3x | 30.6% | Accumulate |
Recent news mentioning NASCON
NGX corporate disclosures NASCON · last 3
Plain-English summaries of every NGX filing for NASCON, generated from the underlying PDFs by Claude Haiku. Click "Read the filing" to open the official document.
Other Disclosure
filed 29 Jun 2026
NASCON Allied Industries announced a closed period effective July 1, 2026, lasting until 24 hours after release of Q2 2026 financial statements (quarter ending June 30, 2026). All insiders and connected persons are prohibited from trading NASCON shares during this window to prevent information asymmetry ahead of earnings disclosure.
Insider Dealing
filed 23 Jun 2026
Isah Yusuf Aruwa, Group Controller at parent company Dangote Industries, sold 173,400 ordinary shares in NASCON Allied Industries on 18 June 2026 at ₦197.60 per share (aggregate value ₦34.2 million). This is an initial insider dealing notification; the transaction reduces his position in the listed subsidiary.
Insider Dealing
filed 19 Jun 2026
Isah Yusuf Aruwa, senior staff at NASCON's parent company, disposed of 173,400 ordinary shares on 18 June 2026 at ₦197.60 per share, totalling ₦34.3 million. This initial insider dealing notification is material for tracking changes in connected-party shareholding and potential implications for board-level influence.