Valuation
52
TOTAL · Total Nigeria Plc
Illiquid Neutral Quality 0/5Distress proxy: -13.73 (Distress concern)
Compare with another stock →
Composite score
43.5
Tier: Illiquid
Last close
₦640
As of latest snapshot
30-day ADV
₦742.5K
Liquidity signal
Market cap
₦195.56B
Oil & Gas
Financials
29
Technical
50
AI bottom line
Total Nigeria trades at sector-median valuation (P/B 4.5x) but is fundamentally broken—negative net margin (-1.7%), negative ROE (-25.8%), and negative free cash flow (-6.8% yield) signal operational distress, not a cyclical trough. Watch whether management halts the cash burn: at 2.1x debt/equity with ₦0.7M daily liquidity, solvency risk compounds if losses persist.
Stock Snowflake 5-axis radar
Blue = TOTAL. Gold dash = Oil & Gas median. Bigger area = better across the five research dimensions.
What the model is seeing
- ROE of -25.8% — well below sector median of 13.4%. Capital is underperforming.
Risk flags
Thin liquidity — 30d ADV ≈ ₦0.7M
Elevated leverage — Debt/Equity 2.1x
Negative net margin (-1.7%) — currently loss-making
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 ratio—
P/B ratio4.5x
P/S ratio0.3x
EV/EBITDA19.1x
FCF yield-6.8%
Financials
ROE-25.8%
ROA-3.5%
Net margin-1.7%
FCF margin-2.0%
Debt / Equity2.1x
Technical
Last close₦640
Above 50d MA0.0%
Above 200d MA0.0%
ADX (trend)0.0
RSI100.0
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: 6.94% 👑 Aristocrat · 16 consecutive years 5y DPS CAGR: +42.9% ↑ 10y CAGR: +16.1%
| FY | Interim DPS | Final DPS | Total cash | Bonus | Qualification | Payment |
|---|---|---|---|---|---|---|
| 2024 | — | ₦40.00 | ₦40.00 | — | — | 16 May 2025 |
| 2023 | — | ₦25.00 | ₦25.00 | — | — | 17 Jun 2024 |
| 2022 | ₦4.00 | ₦21.00 | ₦25.00 | — | — | 02 Jun 2023 |
| 2021 | — | ₦18.20 | ₦18.20 | — | — | 17 Jun 2022 |
| 2020 | — | ₦6.08 | ₦6.08 | — | — | 18 Jun 2021 |
| 2019 | — | ₦6.71 | ₦6.71 | — | — | 01 Jan 1999 |
| 2018 | ₦3.00 | ₦14.00 | ₦17.00 | — | — | — |
| 2017 | ₦3.00 | ₦14.00 | ₦17.00 | — | — | — |
| 2016 | ₦3.00 | ₦7.00 | ₦10.00 | — | — | — |
| 2015 | ₦2.00 | ₦12.00 | ₦14.00 | — | — | — |
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 |
|---|---|---|---|---|---|
| ETERNA | 49.5 | 10.3x | 6.6x | 39.5% | Neutral |
| 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 TOTAL
NGX corporate disclosures TOTAL · last 1
Plain-English summaries of every NGX filing for TOTAL, generated from the underlying PDFs by Claude Haiku. Click "Read the filing" to open the official document.
Other Disclosure
filed 22 Jun 2026
Summary unavailable — read the original ↗