Valuation
73
TIP · The Initiates Plc
Accumulate Quality Compounder Quality 5/5Distress proxy: 133.28 (Safe)
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Composite score
74.1
Tier: Accumulate
Last close
₦26
As of latest snapshot
30-day ADV
₦153.0M
Liquidity signal
Market cap
₦25.81B
Services
Financials
86
Technical
58
AI bottom line
TIP trades at a significant valuation discount (P/E of 6.2x vs. 20.9x sector median) while delivering exceptional quality metrics—a 60.9% ROE that quadruples sector median and a 29.9% net margin—suggesting material upside if the market reprices this quality compounder. Monitor whether the company sustains this 4.2% FCF yield and 86/100 financial score as revenue scales, since valuation compression could reverse if margins compress.
Stock Snowflake 5-axis radar
Blue = TIP. Gold dash = Services median. Bigger area = better across the five research dimensions.
What the model is seeing
- Trades at P/E 6.2x — about 70% below the Services median of 20.9x.
- ROE of 60.9% — well above Services median of 13.1%. Top-quartile capital efficiency.
- Net margin of 29.9% — robust pricing power and cost discipline.
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 ratio6.2x
P/B ratio3.7x
P/S ratio1.8x
EV/EBITDA3.8x
FCF yield4.2%
Financials
ROE60.9%
ROA31.0%
Net margin29.9%
FCF margin7.7%
Debt / Equity0.0x
Technical
Last close₦26
Above 50d MA-10.7%
Above 200d MA42.4%
ADX (trend)31.3
RSI36.6
Dividend history 3 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: 1.15%
| FY | Interim DPS | Final DPS | Total cash | Bonus | Qualification | Payment |
|---|---|---|---|---|---|---|
| 2025 | — | ₦0.3 | ₦0.3 | — | 07 Apr 2026 | 04 May 2026 |
| 2024 | — | ₦0.1 | ₦0.1 | — | — | 28 Apr 2025 |
| 2023 | — | ₦0.06 | ₦0.06 | — | — | 26 Jul 2024 |
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 |
|---|---|---|---|---|---|
| LEARNAFRCA | 75.0 | 10.8x | 2.1x | 17.6% | Illiquid |
| ABCTRANS | 64.3 | 17.5x | 9.2x | 39.9% | Illiquid |
| IKEJAHOTEL | 84.6 | 6.0x | 2.0x | 30.7% | Illiquid |
| NAHCO | 61.7 | 16.9x | 10.8x | 58.1% | Accumulate |
| REDSTAREX | 58.9 | 24.2x | 4.3x | 16.1% | Illiquid |
| UPL | 57.9 | 10.6x | 0.7x | 5.5% | Illiquid |
Recent news mentioning TIP
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