Valuation
43
SKYAVN · Skyway Aviation Handling Company Plc
Illiquid Recovery Play Quality 5/5Distress proxy: 52.01 (Safe)
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Composite score
57.1
Tier: Illiquid
Last close
₦171
As of latest snapshot
30-day ADV
₦1.5M
Liquidity signal
Market cap
₦231.73B
Services
Financials
61
Technical
73
AI bottom line
SKYAVN trades at a modest 1.2% valuation premium to sector (25.0x P/E vs 20.9x median) despite matching sector ROE of 13.1%, with Technical scoring 73 percentile suggesting positive momentum, though the story remains fragile. Liquidity is the binding constraint—₦1.5M daily ADV makes meaningful position-sizing impractical for institutional allocators until turnover materially improves.
Stock Snowflake 5-axis radar
Blue = SKYAVN. Gold dash = Services median. Bigger area = better across the five research dimensions.
What the model is seeing
- Trades at P/E 25.0x — in line with Services median of 20.9x.
- Above both 50-day (+15.2%) and 200-day (+46.5%) moving averages — uptrend intact.
Risk flags
Thin liquidity — 30d ADV ≈ ₦1.5M
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 ratio25.0x
P/B ratio3.6x
P/S ratio5.1x
EV/EBITDA16.2x
FCF yield0.7%
Financials
ROE13.1%
ROA9.8%
Net margin18.6%
FCF margin3.7%
Debt / Equity0.1x
Technical
Last close₦171
Above 50d MA15.2%
Above 200d MA46.5%
ADX (trend)57.6
RSI98.3
Dividend history 6 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: 0.78% 5y DPS CAGR: +48.7% ↑
| FY | Interim DPS | Final DPS | Total cash | Bonus | Qualification | Payment |
|---|---|---|---|---|---|---|
| 2025 | — | ₦1.20 | ₦1.20 | — | 02 Jun 2026 | 25 Jun 2026 |
| 2023 | — | ₦0.3 | ₦0.3 | — | — | 13 Jun 2024 |
| 2022 | — | ₦0.165 | ₦0.165 | — | — | 30 Jun 2023 |
| 2021 | — | ₦0.165 | ₦0.165 | — | — | 29 Jun 2022 |
| 2020 | — | ₦0.165 | ₦0.165 | — | — | 22 Jun 2021 |
| 2019 | — | ₦0.0165 | ₦0.0165 | — | — | 30 Jun 2020 |
Peers in 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 |
|---|---|---|---|---|---|
| UPL | 57.9 | 10.6x | 0.7x | 5.5% | Illiquid |
| REDSTAREX | 58.9 | 24.2x | 4.3x | 16.1% | Illiquid |
| CAVERTON | 52.4 | — | — | — | Neutral |
| NAHCO | 61.7 | 16.9x | 10.8x | 58.1% | Accumulate |
| ABCTRANS | 64.3 | 17.5x | 9.2x | 39.9% | Illiquid |
| CILEASING | 47.0 | 6.3x | 0.3x | 5.0% | Neutral |
Recent news mentioning SKYAVN
NGX corporate disclosures SKYAVN · last 1
Plain-English summaries of every NGX filing for SKYAVN, generated from the underlying PDFs by Claude Haiku. Click "Read the filing" to open the official document.
AGM Notice
filed 23 Jun 2026
Skyway Aviation's 16th AGM (held 19 June 2026) approved a dividend of ₦1.20 per share (₦1.62bn total) and re-elected directors Kayode Filani and Laila St. Mathew Daniel. Deloitte Nigeria replaces Gbenga Badejo & Co. as external auditor. The record date for dividend payment was 2 June 2026.