Valuation
76
VFDGROUP · VFD Group Plc
Neutral Deep Value Quality 4/5Distress proxy: 16.52 (Safe)
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Composite score
59.6
Tier: Neutral
Last close
₦10
As of latest snapshot
30-day ADV
₦19.0M
Liquidity signal
Market cap
₦133.02B
Conglomerates
Financials
52
Technical
44
AI bottom line
VFD Group trades at a sector-fair P/E of 12.6x but carries a deep value signal underpinned by a below-median P/B of 1.3x, though this masks weak underlying quality with ROE of 6.2% versus 16.6% sector median. The key watch is whether the new CFO appointment signals operational turnaround; liquidity at ₦19M daily ADV remains a meaningful constraint on position sizing.
Stock Snowflake 5-axis radar
Blue = VFDGROUP. Gold dash = Conglomerates median. Bigger area = better across the five research dimensions.
What the model is seeing
- Trades at P/E 12.6x — in line with Conglomerates median of 12.6x.
- Free cash flow yield of 51.5% — strong cash generation relative to market cap.
- ROE of 6.2% — well below sector median of 16.6%. Capital is underperforming.
- Below both 50-day (-6.8%) and 200-day (-9.7%) moving averages — sustained downtrend.
Risk flags
Moderate liquidity — 30d ADV ≈ ₦19.0M
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 ratio12.6x
P/B ratio1.3x
P/S ratio1.8x
EV/EBITDA1.4x
FCF yield51.5%
Financials
ROE6.2%
ROA1.7%
Net margin10.6%
FCF margin94.1%
Debt / Equity0.8x
Technical
Last close₦10
Above 50d MA-6.8%
Above 200d MA-9.7%
ADX (trend)50.4
RSI48.7
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: 10.10%
| FY | Interim DPS | Final DPS | Total cash | Bonus | Qualification | Payment |
|---|---|---|---|---|---|---|
| 2025 | — | ₦1.00 | ₦1.00 | — | 04 May 2026 | 25 May 2026 |
| 2024 | — | ₦2.50 | ₦2.50 | — | — | 08 May 2025 |
| 2023 | — | — | — | 4 for 1 | — | — |
Peers in Conglomerates
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 |
|---|---|---|---|---|---|
| UACN | 53.6 | 24.7x | 6.7x | 24.6% | Neutral |
| JOHNHOLT | 67.5 | 5.7x | 0.8x | 13.0% | Illiquid |
| CHELLARAM | 50.5 | 20.6x | 2.2x | 16.6% | Illiquid |
| TRANSCORP | 68.8 | 4.4x | 1.7x | 22.5% | Accumulate |
Recent news mentioning VFDGROUP
NGX corporate disclosures VFDGROUP · last 2
Plain-English summaries of every NGX filing for VFDGROUP, generated from the underlying PDFs by Claude Haiku. Click "Read the filing" to open the official document.
Director / Officer Change
filed 18 Jun 2026
VFD Group Plc appointed Mr. Azeez Adetayo, ACA, as Acting Chief Financial Officer effective immediately, following transition of the substantive CFO. Adetayo brings over a decade of finance experience including roles at Deloitte Nigeria, with expertise in financial management, regulatory compliance, and capital management. The appointment aims to ensure continuity in financial leadership during the transition period.
Earnings Forecast
filed 10 Jun 2026
VFD Group Plc filed a Q3 2026 earnings forecast projecting ₦4.48 billion net profit on ₦26.36 billion gross earnings. Net investment income of ₦21.09 billion drives the forecast, though ₦8.75 billion finance costs compress margins. The company expects operating expenses of ₦6.57 billion and impairment charges of ₦949 million.